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?

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There are 18 inner city locations in Brisbane, Sydney, Melbourne and Canberra likely to appeal to a growing “white collar renter class” willing to pay a premium to be close to the city, according to new research by Urbis.
This group typically has a higher income than average, are aged between 25-39 years, without many kids and who enjoy buildings with architectural features and amenities like rooftop gardens.
Half of these locations are within five kilometres of Sydney comprising Erskineville, Alexandria, Newtown, Camperdown, Darlington, Pyrmont, Ultimo.
There are four within a short walk or drive of the Brisbane CBD (Brisbane City, Fortitude Valley, Kelvin Grove, Herston), four surround the Melbourne CBD (Melbourne, North Melbourne, Docklands and Carlton) and two in Canberra (Braddon and Civic).
Urbis provides a number of typical examples of the emerging renter class in these locations.
They include “Lucy”, a 28-year-old professional woman in the property industry, who is about to get married to her partner Ned, who is finishing his PhD.
She is renting a room in a new 45-storey apartment building in the Brisbane CBD to take advantage of its proximity to work and amenities, such as shops and bars.
After their wedding, Lucy and Ned are planning to purchase a modern, small one bedroom apartment with good views in the CBD, in another 45-storey tower.
Another example is twenty-somethings Anne and Tom, who moved from outer suburban Sydney to a one bedroom en-suite on Bowman Street in inner city Pyrmont.
The shift resulted in them paying a rental premium associated with inner city housing, which was partially offset by less spending on public transport and allowed them to sell one of their cars.
Their apartment offers good access to recreational and entertainment precincts in and around the CBD, and provides enough seclusion and distance from the day to day hustle and bustle of the CBD to not feel like an ‘inner city’ location.
According to ABS census data analysed by Urbis, renters account for 48.7% of residents in medium and high-density areas compared with 30.4% in other areas.
The average household income of this renter class is $94,400 per annum compared with $82,300 in other areas, while the Census data also shows that 60% are aged below 39.
 
<hr class="system-pagebreak">
The Urbis report also identifies the rise of young professional woman as important decision makers when it comes to the buying and renting of inner city apartments.
“Young women are now more likely to be professional and have higher incomes than was the case 15 years ago.
“They are also likely to be in a relationship, but not necessarily married. They are more independent, and have more economic power," says Urbis.
Rothelowman principle Nigel Hobart says location is an “obvious key motivator, with proximity to work, dining, sporting and entertainment all driving the choice to reside in the inner city.
“On the wish list for both owner-occupier and white-collar rental tenants are not only the obvious features such as larger floor plans, high quality finishes, fixture and fittings, generous internal storage, and good external space but also a desire to live in buildings with high quality, distinctive architecture that incorporates attractive communal spaces to facilitate interaction both with other residents and the surrounding community," Hobart says.
“These tenants seek amenity criteria similar to owner-occupiers, and are prepared to pay higher rents and sign longer term leases to secure such apartments, making them an attractive market for investors,” says Hobart.
Rothelowman designed the MaxVic development Habitat (pictured below) on Melbourne’s Southbank, which he says is an example of a project designed to meet the demands of the white-collar rental market.
<img alt="habitatjune3one" height="703" width="400" src="/images/stories/2013/06/habitatjune3one.jpg">
The project features a distinct patterned façade rising from the Sturt Street arts precinct, a rooftop sky garden and a landscaped three story vertical garden designed to appeal to a more sophisticated market.
“Today’s more informed purchaser requires these fundamentals as a given, but also demands insight into their lifestyle needs or the needs of their target tenant in the case of the investor,” Hobart says.
This inner city urban renewal favouring a more savvy and professional renter class is also noted by property investment adviser Sam Saggers from Positive Real Estate.
“Today, drive around inner Sydney and it’s easy to notice the changes to Alexandria, Green Square and Harold Park.
“The change could be argued as urban renewal and not true gentrification, as of course publically listed companies such as Mirvac are pushing a new level of housing in these zones,” Saggers says.
He also anticipates that gentrification could spread beyond the inner city zones into previously unfashionable places like Blacktown in the outer west and has identified three market drivers that often change an area for the better. They are better economics, population growth and a new zone of wealth creation, which he calls “the final piece of the puzzle that sees an area enhance itself for the better and eventual gentrification to occur based on more wealth changing the market landscape”.
According to Urbis, the spread of higher density living beyond the inner city suburbs to places like  Ringwood in Melbourne’s east and Castle Hill in Sydney’s north-west should ideally be happening, but there have yet to be substantial increases in residential density, despite these aspirations.
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lschlesinger-FZcF9M3vE6

New breed of Gen Y white collar renters seeking out 18 inner city apartment hotspots: Urbis

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The twins were the size they were supposed to be born at, but our client Rachel had an emergency delivery over twelve weeks ago.
She almost died on the operating table, losing a lot of blood.
If it wasn’t for her amazing obstetrician and team of surgeons on hand and a high tech method of stemming the blood loss (featured on the news) she wouldn’t be here today nursing her two gorgeous babies.
I was meeting with Rachel at her home to celebrate (with no champagne due to breast feeding requirements) the completion of her dual occupancy development.
The Property Bloom-managed development had gone particularly well and achieved the following outcomes:
-          Final costs were $38,459 LESS than the original estimates due to our lower offer on the land being accepted and also the build costs were considerably less than originally estimated. We also did not require our contingency sum.
-          The valuations came in $20,000 higher than our lower end estimate or right on target with our higher end estimate.
-          Equity position was $58,456 more than originally estimated.
-          The project was completed within fourteen months from Exchange on the land to Practical Completion of building works.
-          Return on Investment result was a massive 18% (within 14 months).
-          Gross yield was just under 7%.
-          Depreciation benefits were high.
-          The medium price for this suburb had grown by 6.08% over the past 12 months.
As I held baby Grace whilst baby Harrison looked on and trying to remember just how to burp a new born, I mused over how amazing this woman was.
As she was recovering in hospital from her near death experience, she was also settling on another property purchase, one that Property Bloom had found for her.
Rachel now owns eleven investment properties and was feeling a little frustrated because she couldn’t buy her next property or do another development with us until she went back to work, probably in a couple of years.
By the way, did I mention Rachel has four other children?  So just how does a mother of six come to accumulate eleven investment properties?
Focus, determination and drive.
These three words are so important to all of our plans.  Rachel told me how one of the accountants she saw said she was “lucky” to have so many properties!  We chuckled about this comment as luck has nothing to do with what she’s achieved.
Another comment made by her bank’s ‘relationship manager’ was she shouldn’t be holding so many properties, it’s risky and he wouldn’t give her any more money.
Funnily enough, she’s planning a move away from this bank, or at least this manager who works for one of the Big Four banks and can’t understand her strategies and goals.
Rachel will continue to invest and develop property until she reaches her goal of early retirement.  What an inspiration she is to all of us... so what’s holding you back?
Jo Chivers is director of <a target="_blank" rel="nofollow" href="https://www.propertybloom.com.au/" title="Property Bloom" style="font-size: 14px;">Property Bloom</a>, which manages property development.
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jochivers-wq5Bp59R5a

Focus, determination and drive are key to property investment success: Jo Chivers

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Of the five Brisbane suburbs identified as ‘top picks’ by property investment adviser Sam Saggers just over a year ago, just one has to date been a solid performer, Property Observer analysis reveals.
Saggers identified South Brisbane, Stafford, Newmarket, Annerley and Clayfield as his 'best buy' suburbs in the March 2012 issue of Smart Property Investment magazine based on annual RP Data figures to December 2011.
Saggers said at the time that from 2013 Brisbane would experience "double digit price growth" with a market high in 2016/2017 and with the five-year forecast “looking good”.
Currently, RP Data has Brisbane property values up 1.2% for the first four months of the year, suggesting double digit annual growth could be some way off.
However, he was not the only one to forecast a turnaround for the Brisbane market.
Researchers BIS Shrapnel anticipating, in late 2011, a moderate improvement in prices from January 2012 as the market entered a “consolidation phase” following a decline exacerbated by the December 2010 floods.
Of Saggers' five suburb picks, Stafford, six kilometres north of the CBD, is showing the best long-term prospects.
Stafford median house prices appear to have bottomed out after a 2% fall over 2012 to be 2% up over the 12 months to March 2013 from 84 sales.
Apartments in Stafford are performing even better with median prices up 7% based on 118 sales over the 12 months to March 2013.
House prices in Newmarket, five kilometres north west of the Brisbane CBD, appear to be close to bottoming out having declined by 6% in 2012 they are now just 1% down over in March based on annualised sales data.
In Annerley, six kilometres south of the CBD, both house and unit median prices have fallen substantially.
House prices are down 5% and unit prices are down 7% based on more than 114 house sales and 130 unit sales.
Clayfield is another poor performer to date with a 9% drop in the median house price from 86 sales and a more modest (but declining) 2% drop in unit prices based on 167 sales.
The South Brisbane unit market has also yet to fire. 
HOUSES
<table cellpadding="0" cellspacing="0" border="1" style="width: 470px;"><tbody>
<tr>
<td width="111" valign="top">
 
</td>
<td width="76" valign="top">
Median house price Dec 2011
</td>
<td width="76" valign="top">
Median house price March 2013
</td>
<td width="66" valign="top">
12 month change to Dec 2012
</td>
<td width="66" valign="top">
12 month change to March 2013
</td>
</tr>
<tr>
<td width="111" valign="top">
<a target="_blank" href="/news">Annerley</a>
</td>
<td width="76" valign="top">
$552,500
</td>
<td width="76" valign="top">
$525,000
</td>
<td width="66" valign="top">
-3%
</td>
<td width="66" valign="top">
-5%
</td>
</tr>
<tr>
<td width="111" valign="top">
<a href="/news">Clayfield</a>
</td>
<td width="76" valign="top">
$860,000
</td>
<td width="76" valign="top">
$800,500
</td>
<td width="66" valign="top">
-7%
</td>
<td width="66" valign="top">
-9%
</td>
</tr>
<tr>
<td width="111" valign="top">
<a href="/news">Newmarket</a>
</td>
<td width="76" valign="top">
$658,000
</td>
<td width="76" valign="top">
$644,000
</td>
<td width="66" valign="top">
-6%
</td>
<td width="66" valign="top">
-1%
</td>
</tr>
<tr>
<td width="111" valign="top">
<a href="/news">Stafford</a>
</td>
<td width="76" valign="top">
$452,500
</td>
<td width="76" valign="top">
$447,250
</td>
<td width="66" valign="top">
-2%
</td>
<td width="66" valign="top">
+2%
</td>
</tr>
<tr>
<td width="111" valign="top">
<a href="/news">South Brisbane</a>
</td>
<td width="76" valign="top">
$805,000
</td>
<td width="76" valign="top">
N/A
</td>
<td width="66" valign="top">
-17.3%*
</td>
<td width="66" valign="top">
N/A**
</td>
</tr>
</tbody></table>
*From only seven sales **Just one sale recorded in 2013
 Source: RP Data
UNITS
<table cellpadding="0" cellspacing="0" border="1" style="width: 470px;"><tbody>
<tr>
<td width="111" valign="top">
 
</td>
<td width="76" valign="top">
Median house price Dec 2011
</td>
<td width="76" valign="top">
Median house price March 2013
</td>
<td width="66" valign="top">
12 month change to Dec 2012
</td>
<td width="66" valign="top">
12 month change to March 2013
</td>
</tr>
<tr>
<td width="111" valign="top">
<a href="/news">Annerley</a>
</td>
<td width="76" valign="top">
$399,000
</td>
<td width="76" valign="top">
$369,000
</td>
<td width="66" valign="top">
-5%
</td>
<td width="66" valign="top">
-7%
</td>
</tr>
<tr>
<td width="111" valign="top">
<a href="/news">Clayfield</a>
</td>
<td width="76" valign="top">
$415,000
</td>
<td width="76" valign="top">
$357,500
</td>
<td width="66" valign="top">
+3%
</td>
<td width="66" valign="top">
-2%
</td>
</tr>
<tr>
<td width="111" valign="top">
<a href="/news">Newmarket</a>
</td>
<td width="76" valign="top">
$370,000
</td>
<td width="76" valign="top">
$380,000
</td>
<td width="66" valign="top">
-1%
</td>
<td width="66" valign="top">
-4%
</td>
</tr>
<tr>
<td width="111" valign="top">
<a href="/news">Stafford</a>
</td>
<td width="76" valign="top">
$346,000
</td>
<td width="76" valign="top">
$389,080
</td>
<td width="66" valign="top">
+7%
</td>
<td width="66" valign="top">
+7%
</td>
</tr>
<tr>
<td width="111" valign="top">
<a href="/news">South Brisbane</a>
</td>
<td width="76" valign="top">
$456,000
</td>
<td width="76" valign="top">
$460,000
</td>
<td width="66" valign="top">
-2%
</td>
<td width="66" valign="top">
-3%
</td>
</tr>
</tbody></table>
Source: RP Data
Image of jacaranda tree by Richard Fisher, courtesy of Flickr.
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Stafford blooms but four out of five Sam Saggers Brisbane hotspots yet to show promise

<html><body>
The total value of construction work done fell by an estimated 2% to just over $51 billion in the March quarter on a seasonally-adjusted basis, according to the latest ABS data.
This was well down on expectations of a 1% rise over the quarter, according to a Bloomberg survey of 17 economists.
The latest ABS figures show falls in all sectors led by a 2.5% decline in the value of engineering work done, some of which would be tied to the slowdown in the mining sector.
The value of residential construction work done fell 1% while the value of non-residential construction work done fell 1.2% with the total value of building work (residential and non-residential) down 1.1% to $20.2 billion.
Trend estimates show a 0.4% decline over the quarter for all construction work done.
Taking a longer term view, the value of construction work done is up by a marginal 0.2% when comparing the March 2013 quarter with March 2012 quarter on a seasonally-adjusted basis and up by 2.9% using trend estimates over this period.
On a state-by-state basis the strongest growth trends are in Queensland and the Northern Territory.
Construction work done Queensland has risen for fourteen quarters and for eight quarters in the Northern Territory.
Construction work done in Victoria has risen for three quarters
Construction work done in Western Australia has fallen for three quarters.
Construction work done in New South Wales has fallen for one quarter.
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Value of construction work done falls by unexpected 2% in March quarter led by engineering slump: ABS

<html><body>
The number of auctions being held across the nation continues to climb, with 1,719 auctions scheduled for the coming week, according to RP Data.
The figure is slightly higher than the revised figure of 1,645 auctions last week and the revised figure of 1,520 auctions the previous week.
Last week, the clearance rate rose to a revised 68.1%, up from 67.3% the week prior.
At the same time last year the clearance rate was much lower at 50.5% and only 1,418 auctions were recorded.
Melbourne has 804 auctions scheduled for the coming week, slightly more than the revised figure of 795 last week and 738 auctions the week prior.
However, Melbourne’s clearance rate eased from 71.9% to 69.6% last week but is much higher than the same time last year, when it was 55.2%.
Meanwhile, Sydney’s clearance rate increased from the revised figure of 72.1% the previous week to 73.2% last week.
Sydney has 576 auctions scheduled for this week, slightly less than the revised figure of 588 auctions last week but still more than the previous week of 516 auctions.
At the same time last year, Sydney had a clearance rate of 51.3%.
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ntrotman-Et3xWpamVh

Scheduled auctions continue to climb despite winter's arrival: RP Data

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Apartment prices in the Sunshine Coast surfing town of Peregian Beach crashed on the shore after soaring in 2012.
Renowned for its unspoilt beaches, deep-fried Mars bars and laid-back lifestyle, Peregian Beach – situated between Noosa Heads and Coolum Beach – was the top performing unit market in the $501,000 to $700,000 price bracket as highlighted by Smart Property Investment magazine a year ago.
RP data records a 39% gain in median unit prices in Peregian Beach over the 12 months to February 2012 to $516,000.
However, unit prices fell sharply in the following 12 months with RP Data recording a 33% decline in median prices to $345,000 to February 2013.
Recent sales in Peregian Beach include a <a href="https://www.homehound.com.au/unit+2+244+david+low+way+peregian+beach+qld+4573/21780978/" target="_blank">two-bedroom townhouse on David Low Way</a> (pictured below) acquired by Brisbane-based property investment advisors Parker Property Investments for $480,000.
<img alt="peregianmay29one" height="347" width="470" src="/images/stories/2013/05/peregianmay29one.jpg">
It last sold for $585,000 in 2003, an 18% drop.
The property was listed for nearly two-years with initial price of $595,000 with the vendor presumably deciding to accept a more realistic valuation of their investment after being unable to find a buyer.
The sale was negotiated by Ted Schimke of LJ Hooker Peregian Beach.
His colleague Paul Flanagan negotiated the sale of a <a href="https://www.realestate.com.au/property-unit-qld-peregian+beach-110660457" target="_blank">two-bedroom unit on Peregian Esplanade</a> (pictured below) directly across from the beach in February this year for $337,500. It had been listed for nearly eight months with an initial asking price of $379,000.
<img alt="peregianmay29two" height="332" width="470" src="/images/stories/2013/05/peregianmay29two.jpg">
The Peregian Beach correction extended to the nearby suburb of Peregian Springs, where median unit prices fell 21% to a median of $315,000 in the year to February 2013 following a 48% gain in 2012.
The top three performing suburbs at the upper end of the market, all underwent corrections in the year to February 2013 following strong rises in the previous 12 months.
Median prices fell 16% in the leafy Boroondara suburb of Canterbury, 10 kilometres east of the Melbourne CBD, reversing the 17% gains made in 2012 with a median price of $730,000.
There were also significant corrections in North Fremantle (-12%) and Lavender Bay (-11%), the harbourside suburb on the lower North Shore of Sydney.
In total there were significant price corrections in eight out of the 15 hot spot locations, while four markets were flat and just two made noteworthy gains - West Leederville, just three kilometres north of the Perth CBD (a 42% gain followed by an 8% gain) and Windaroo in Logan City (33% followed by 31%).
However, Windaroo appears to be an anomaly with 2011 census data showing just three units out of nearly 900 dwellings in the suburb.
This the full list of the top 15 performers in the year to February 2012 and how they fared in the year to February 2013. Whilst listed as the top performers, they were not necessarily recommended by RP Data or SPI Magazine as property investment hotspots for 2013.
<table cellpadding="0" cellspacing="0" border="1" style="width: 470px;"><tbody>
<tr>
<td width="73" valign="top">
State
</td>
<td width="123" valign="top">
suburb
</td>
<td width="66" valign="top">
Annual sales to Feb 13
</td>
<td width="78" valign="top">
Median price Feb 2012
</td>
<td width="95" valign="top">
Median price Feb 2013
</td>
<td width="90" valign="top">
Median 12mth growth to Feb 2012
</td>
<td width="90" valign="top">
Median 12mth growth to Feb 2013
</td>
</tr>
<tr>
<td colspan="7" width="616" valign="top">
BEST PERFORMING SUBURBS $700,001 plus
</td>
</tr>
<tr>
<td width="73" valign="top">
WA
</td>
<td width="123" valign="top">
<a href="/news">North Fremantle</a>
</td>
<td width="66" valign="top">
70
</td>
<td width="78" valign="top">
$1.13 m
</td>
<td width="95" valign="top">
$777,500
</td>
<td width="90" valign="top">
49%
</td>
<td width="90" valign="top">
-12%
</td>
</tr>
<tr>
<td width="73" valign="top">
NSW
</td>
<td width="123" valign="top">
<a href="/news">Lavender Bay</a>
</td>
<td width="66" valign="top">
25
</td>
<td width="78" valign="top">
$740,000
</td>
<td width="95" valign="top">
$629,000
</td>
<td width="90" valign="top">
24%
</td>
<td width="90" valign="top">
-11%
</td>
</tr>
<tr>
<td width="73" valign="top">
VIC
</td>
<td width="123" valign="top">
<a href="/news">Canterbury</a>
</td>
<td width="66" valign="top">
28
</td>
<td width="78" valign="top">
$730,000
</td>
<td width="95" valign="top">
$614,500
</td>
<td width="90" valign="top">
17%
</td>
<td width="90" valign="top">
-16%
</td>
</tr>
<tr>
<td colspan="7" width="616" valign="top">
BEST PERFORMING SUBURBS $500,001 - $700,000
</td>
</tr>
<tr>
<td width="73" valign="top">
QLD
</td>
<td width="123" valign="top">
<a href="/news">Peregian Beach</a>
</td>
<td width="66" valign="top">
33
</td>
<td width="78" valign="top">
$516,000
</td>
<td width="95" valign="top">
$345,000
</td>
<td width="90" valign="top">
39%
</td>
<td width="90" valign="top">
-33%
</td>
</tr>
<tr>
<td width="73" valign="top">
WA
</td>
<td width="123" valign="top">
<a href="/news">Kensington</a>
</td>
<td width="66" valign="top">
18
</td>
<td width="78" valign="top">
$535,000
</td>
<td width="95" valign="top">
$436,250
</td>
<td width="90" valign="top">
36%
</td>
<td width="90" valign="top">
-18%
</td>
</tr>
<tr>
<td width="73" valign="top">
SA
</td>
<td width="123" valign="top">
<a href="/news">Henley Beach</a>
</td>
<td width="66" valign="top">
58
</td>
<td width="78" valign="top">
$572,500
</td>
<td width="95" valign="top">
$575,000
</td>
<td width="90" valign="top">
34%
</td>
<td width="90" valign="top">
0%
</td>
</tr>
<tr>
<td colspan="7" width="616" valign="top">
BEST PERFORMING SUBURBS $400,001 - $500,000
</td>
</tr>
<tr>
<td width="73" valign="top">
WA
</td>
<td width="123" valign="top">
<a href="/news">West Leederville</a>
</td>
<td width="66" valign="top">
35
</td>
<td width="78" valign="top">
$482,500
</td>
<td width="95" valign="top">
$522,000
</td>
<td width="90" valign="top">
42%
</td>
<td width="90" valign="top">
+8%
</td>
</tr>
<tr>
<td width="73" valign="top">
QLD
</td>
<td width="123" valign="top">
<a href="/news">Windaroo</a>
</td>
<td width="66" valign="top">
14
</td>
<td width="78" valign="top">
$480,000
</td>
<td width="95" valign="top">
$550,000
</td>
<td width="90" valign="top">
33%
</td>
<td width="90" valign="top">
+31%
</td>
</tr>
<tr>
<td width="73" valign="top">
QLD
</td>
<td width="123" valign="top">
<a href="/news">Geebung</a>
</td>
<td width="66" valign="top">
22*
</td>
<td width="78" valign="top">
$470,000
</td>
<td width="95" valign="top">
$405,000*
</td>
<td width="90" valign="top">
33%
</td>
<td width="90" valign="top">
-20.7%*
</td>
</tr>
<tr>
<td colspan="7" width="616" valign="top">
BEST PERFORMING SUBURBS $300,001 - $400,000
</td>
</tr>
<tr>
<td width="73" valign="top">
QLD
</td>
<td width="123" valign="top">
<a href="/news">Peregian Springs</a>
</td>
<td width="66" valign="top">
64
</td>
<td width="78" valign="top">
$391,950
</td>
<td width="95" valign="top">
 
</td>
<td width="90" valign="top">
48%
</td>
<td width="90" valign="top">
-21%
</td>
</tr>
<tr>
<td width="73" valign="top">
QLD
</td>
<td width="123" valign="top">
<a href="/news">Kunda Park</a>
</td>
<td width="66" valign="top">
19
</td>
<td width="78" valign="top">
$353,750
</td>
<td width="95" valign="top">
$308,000
</td>
<td width="90" valign="top">
47%
</td>
<td width="90" valign="top">
-13%
</td>
</tr>
<tr>
<td width="73" valign="top">
QLD
</td>
<td width="123" valign="top">
<a href="/news">Hillcrest</a>
</td>
<td width="66" valign="top">
36
</td>
<td width="78" valign="top">
$333,000
</td>
<td width="95" valign="top">
$331,750
</td>
<td width="90" valign="top">
43%
</td>
<td width="90" valign="top">
0%
</td>
</tr>
<tr>
<td colspan="7" width="616" valign="top">
BEST PERFORMING SUBURBS UNDER $300,000
</td>
</tr>
<tr>
<td width="73" valign="top">
NSW
</td>
<td width="123" valign="top">
<a href="/news">South Tamworth</a>
</td>
<td width="66" valign="top">
15
</td>
<td width="78" valign="top">
$165,000
</td>
<td width="95" valign="top">
$166,500
</td>
<td width="90" valign="top">
28%
</td>
<td width="90" valign="top">
+1%
</td>
</tr>
<tr>
<td width="73" valign="top">
SA
</td>
<td width="123" valign="top">
<a href="/news">Port Lincoln</a>
</td>
<td width="66" valign="top">
64
</td>
<td width="78" valign="top">
$220,000
</td>
<td width="95" valign="top">
$217,250
</td>
<td width="90" valign="top">
27%
</td>
<td width="90" valign="top">
-1%
</td>
</tr>
<tr>
<td width="73" valign="top">
TAS
</td>
<td width="123" valign="top">
<a href="/news">Trevallyn</a>
</td>
<td width="66" valign="top">
20
</td>
<td width="78" valign="top">
$290,000
</td>
<td width="95" valign="top">
$182,250
</td>
<td width="90" valign="top">
26%
</td>
<td width="90" valign="top">
-31%
</td>
</tr>
</tbody></table>
*based on 2012 calendar year data
Source: RP Data/SPI Magazine
</body></html>

Property waves dump Noosa surf spot Peregian Beach as unit hotspots fail to fire

<html><body>
Potential buyers have been given a glimpse of Skye by Crown, a North Sydney development set to begin construction later this year.
<a target="_blank" href="https://www.propertyobserver.com.au/new-south-wales/skye-by-crown-set-to-become-north-sydney-icon-skye-crown/2013052361500?utm_source=po&amp;utm_medium=aida&amp;utm_campaign=newsouthwales">The 20-storey residential complex</a> is designed by Japanese Australian architect <a target="_blank" href="https://www.propertyobserver.com.au/developments/influential-architect-koichi-takada-transforming-sydney-apartment-scene/2013040258772">Koichi Takada</a> and features a bronze coloured metal veil exterior.
The 232 apartments will feature glass facades, balconies and winter gardens.
{qtube vid:=R57t9K4rkws}
</body></html>

po-LsXgBTHBmX

An inside look at Skye by Crown

<html><body>
The Bland Shire in central western New South Wales wants to use its dreary name for good use by associating itself with other negatively named towns.
The local tourism committee is investigating sister city relationships with Dull in Scotland and Boring in the United States (both pictured below), the ABC has reported.
<img height="380" width="470" src="/images/stories/2013/05/dullmay27one.jpg" alt="dullmay27one">
<img height="245" width="470" src="/images/stories/2013/05/boringmay27one.jpg" alt="boringmay27one">
Those two trans-Atlantic towns already have a relationship that has led to residents linking up via social media.
Bland Shire Councillor Tony Lord says if the idea gains local support it will be pursued.
"We're hoping it will basically make people aware of the Bland Shire, centred here at West Wyalong, and also make people aware that there are unusual names around the world," he said.
Bland Shire (pictured below) already has one sister city - the seaside town of Whitby in England but it has not generated much interest over the past decade.
<img height="192" width="470" src="/images/stories/2013/05/blandshiremay27one.jpg" alt="blandshiremay27one">
"I think over the years we've had our share of fun poked at us," he said.
"I think that's where we need to think positively and look ahead at all the opportunities that may occur or that we can generate."
RP Data records suggest sales this year at West Wyalong have ranged between $13,000 and $366,000. 
Wyalong prices have ranged between $15,000 and $360,000.
<a target="_blank" href="https://www.oxleysrealestate.com.au/properties/residential/Other-NSW-West+Wyalong-107014838">The local agents have a four bedroom house on Golden Street listed at $260,000 which last sold in 1999 for $100,000</a>.
RP Data puts the West Wyalong town's median house price as $160,000. 
The shire's highest sale this year has been a 984 hectare Morangarell farm holding at $2,311,000. It had last sold at $1.46 million in 2010. 
</body></html>

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Bland Shire says it's looking at international sister city relations with Dull and Boring

<html><body>Australian Property Monitors (APM) has released a list of auction results in Brisbane for the weekend of May 25. <a href="https://www.homepriceguide.com.au/saturday_auction_results/Brisbane.pdf" target="_blank" rel="nofollow" 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>

APM's Brisbane auction results for May 25 weekend

<html><body>Australian Property Monitors (APM) has released a list of auction results in Adelaide for the weekend of May 25. <a style="font-size: 14px;" rel="nofollow" href="https://www.homepriceguide.com.au/saturday_auction_results/Adelaide.pdf" target="_blank">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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