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]

Joel Robinson

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

A local downsizer has splashed $6.5 million on a penthouse in Perifa's Alex &amp; Willow development in Crows Nest. 
&nbsp; 
The purchaser sold their long-held family home in the area before embarking on a six-month search for the right apartment. After inspecting a range of options across the Lower North Shore, the buyer returned to <a href="https://www.apartments.com.au/new-apartments/alex-willow-crows-nest-82-90-alexander-street-crows-nest-nsw-2065">Alex &amp; Willow</a>. 
&nbsp; 
The buyer profile reflects the project’s broader purchaser mix. <a>Alex &amp; Willow</a> has attracted predominantly local downsizers looking to transition from larger homes without compromising on space or quality, alongside a smaller cohort of upsizers and investors drawn to the project’s location and design credentials. 
&nbsp; 
The milestone sale comes as the project, developed by&nbsp;<a href="https://www.apartments.com.au/developers/perifa">Perifa</a>&nbsp;and delivered by <a href="https://www.apartments.com.au/builders/versatile-made-construction">Versatile Construction</a>, both part of Versatile Group, reaches 60 per cent sold.

[smartcode_project:default project_id=6680 project_image_fid=371325] 
&nbsp; 
Eddie Mansour, Managing Partner of <a href="https://www.apartments.com.au/project-marketer/ray-white-projects">Ray White Projects</a>, said the result demonstrates not only a headline price but also depth of demand. 
&nbsp; 
“This is an exceptional outcome and a clear reflection of sustained buyer demand for premium, well-located downsizer product,” Mansour said.

“We’re seeing a consistent pattern of local homeowners selling family residences and reinvesting into high-quality apartments that allow them to remain within their community. Alex &amp; Willow has resonated strongly with this group because it offers genuine scale, thoughtful design and immediate proximity to the village.” 
&nbsp; 
The sale reflects a broader and consistent trend of local downsizers actively seeking high-quality, low-maintenance residences close to established village centres. Agents report that demand for this product type has remained resilient, particularly where developments offer a rare combination of scale, design quality and walkable amenity. 
&nbsp;&nbsp; 
Fabrizio Perilli, Managing Director of Perifa and Versatile Group, said the sale marks a defining moment for the project. 
&nbsp; 
“The penthouse sale is a strong endorsement of the quality we have delivered, alongside our partners, and the clear demand from local downsizers for premium, boutique residences in this location,” Perilli said.&nbsp; 
&nbsp; 
“Most importantly, we’re proud to see the Alex &amp; Willow community beginning to take shape. As we move closer to completion, we’re looking forward to welcoming residents and seeing the project come to life.”&nbsp;

[smartcode_project:default project_id=6680 project_image_fid=338516] 
&nbsp; 
Designed by <a href="https://www.apartments.com.au/architects/nettletontribe">Nettleton Tribe</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/richards-stanisich">Richards Stanisich</a>, Alex &amp; Willow is a boutique collection of generously sized two- and three-bedroom residences in the heart of Crows Nest village.&nbsp;

Completion is slated for early 2027.

[smartcode_project_cta:default project_id=6680]

Alex & Willow, Crows Nest penthouse sells off the plan for $6.5 million

Fresh from launching the first stage of its Wollongong precinct, <a href="https://www.apartments.com.au/new-apartments/keira-place-wollongong-120-122-smith-street-wollongong-nsw-2500">Keira Place</a>, builder-developer Urban Property Group has unveiled plans for the next phase of the masterplanned community.

Now on public exhibition through the NSW Government's Housing Delivery Authority pathway is a State Significant Development Application for a further 657 homes on the prominent gateway site opposite Beaton Park.

The proposal comprises three buildings, including two build-to-sell towers rising 25 and 30 storeys, delivering 391 apartments, alongside a 12-storey co-living building with 266 residences, making it one of the largest co-living proposals currently planned in regional New South Wales.

Of the apartments proposed in the build-to-sell towers, the majority, 310, are two-bedroom dwellings. The balance comprises 44 one-bedroom apartments and 37 three-bedroom residences. Apartment sizes range from around 50 sqm for one-bedroom homes to approximately 90 sqm for three-bedroom apartments.

<img alt="Smith St" data-entity-type="file" data-entity-uuid="19347059-1612-41a0-9c74-b86a657237f8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-10%20at%2010.02.18%E2%80%AFAM.png?VersionId=sWXnaCcA.cIC6N8YT1dg5pJ2e1V3Z6z7" />

The submission says the proposal has evolved significantly from its original Housing Delivery Authority application following extensive consultation with the State Design Review Panel and Wollongong City Council.

The final scheme has been designed to align with the emerging vision for the Flinders Street Precinct, an area identified by Council as a future high-density mixed-use neighbourhood capable of accommodating substantial housing growth close to transport, employment and community infrastructure.

According to the design report prepared by COX Architecture, the development aims to "deliver a built outcome consistent with the future character of the Wollongong CBD while responding to the site's unique constraints and opportunities."

"Our vision for the next phase of the site evolution in Wollongong is grounded in three design pillars that guide the design response: place, natural environment and celebration," COX said.

"Inspired by its surroundings and grounded in the stories of place on Wodi Wodi Country, the design proposal acknowledges the established character of its setting while creating a unique and timeless identity that sits harmoniously within it.

"The design proposal responds to its specific site conditions, acknowledging the vegetation, climate, wind conditions and solar access of the site."

The architecture responds directly to the site's position between Wollongong's urban core and its natural landscape setting.

COX identified views towards Mount Keira and the Illawarra Escarpment as defining features of the site, while the upper levels of the towers will also capture expansive views across the city and out to the Pacific Ocean.

The design team has positioned the tallest buildings closer to the rail corridor, where overshadowing impacts can be better managed while establishing a landmark built form on the northern approach into the city.

<img alt="Smith St" data-entity-type="file" data-entity-uuid="79580d5b-500c-4ebf-9629-797146a4a694" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-10%20at%209.51.59%E2%80%AFAM.png?VersionId=WbTB1EKSG.KDfsfz0F3wp1QVa2oCMGR5" />

Urban Property Group secured the 11,000 sqm Smith Street site in 2022 and has since progressed plans for the broader Keira Place precinct.

Construction recently commenced on the first stage of Keira Place, which will deliver 150 apartments across two residential buildings, including 27 affordable housing apartments and 18 specialist disability accommodation dwellings, alongside activated ground-floor retail and commercial space.

Urban Co-CEO Patrick Elias said the commencement of construction marked a significant milestone for Wollongong and reflected the developer's long-term commitment to regional cities.

"Today's groundbreaking is about turning approvals into homes and moving quickly to deliver much-needed housing in Wollongong's city centre," Elias said.

"Keira Place will provide a diverse mix of homes close to jobs, transport and services, while setting a high benchmark for quality, durability and consumer protection."

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/groundbreaking-marks-start-of-construction-at-keira-place-in-wollongong-cbd">Groundbreaking marks start of construction at Keira Place in Wollongong CBD</a>

&nbsp;

&nbsp;

&nbsp;

Urban Property Group unveils trio of towers for next stage of new Wollongong precinct, Keira Place

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>
A Burwood, Victoria unit has been listed for mortgagee sale to be auctioned later this month on May 23. 
The two-bedroom two-bathroom apartment, located at<a href="https://www.realestate.com.au/property-apartment-vic-burwood-133452522"> G14A/399 Burwood Highway</a>, is perfect for downsizers and investors. 
<img src="https://www.urban.com.au/images/Screen%20Shot%202020-05-14%20at%202.43.39%20pm.png" alt="">
Within close proximity to the No.75 tram and Deakin University, this property will be ideal for students. 
The large entertaining balcony enjoys a Westerly view and the home features an open plan kitchen. 
Harcourt’s Vasil Metelovski holds the property listing. 
The median unit price for Burwood is $752,000, according to data from CoreLogic. 
</body></html>

j.ballantyne1990-6AQqhLzZaK

Mortgagee unit in Burwood, Victoria set for auction

<html><body>
A mortgagee sale of a full-brick home in Kogarah is taking expressions of interest. 
Located at <a href="https://www.realestate.com.au/property-house-nsw-kogarah-133563022">18 Rocky Point Road</a>, this singe-level home is an excellent investment for potential buyers.
Occupying 446sqm of land, the property is conveniently located within a walk of daily amenities. 
The home includes four bedrooms and two bathrooms, with high ceilings and timber floors and is centrally located within close proximity to Kogarah Station.
McGrath’s Trent Tarbey and Bill Tsounias hold the listing. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/Subscriber%20strip%20ad.jpg" alt="">
The median house price for Kogarah is $1,108,000, according to the most recent data from CoreLogic. 
</body></html>

Mortgagee home in Kogarah listed for sale

<html><body>
Pindan has been awarded two new construction contracts in New South Wales.
Pindan has been appointed by Winim Developments to design and construct the luxury Otto Apartments in Cremorne, featuring eight boutique two and three bedroom apartments over four levels as well as basement parking.
Pindan business development manager James Allingame said the group’s Sydney-based construction team was already at work on the $6.4 million project designed by Rothelowman Architecture.
“We are thrilled to again be working with Winim Developments and excited to be delivering this new high-end apartment project on Gerard St in Cremorne,” said Mr Allingame.
“We have a depth of expertise in the construction of high-quality residential projects and have partnered with Winim on two other developments prior to this.
“We’re proud to be forming an excellent ongoing relationship with them while building great assets for local communities and expanding our reach in New South Wales, providing work to our valued subcontractors and clients at a challenging time for many Australian businesses.”
Pindan and Winim have previously worked together on East Lane in North Sydney, a $37 million mixed use development featuring 36 apartments, as well as retail and commercial space, which was completed in 2018. 
Mr Allingame said the group had also won a $13.5 million contract to design and construct an office and storage facility in Belmont, New South Wales.
“Work is underway on Greencoast Business Park and Greencoast Work &amp; Store for Green Capital Belmont Trust, which encompasses the construction of four industrial buildings on two sites. Greencoast Work &amp; Store offers mini warehouse/storage facilities, whilst Greencoast Business Park features a mix of showrooms/warehouses and office space.
“The units are ideal for personal storage, as workshops for small businesses, or for storing boats, caravans and motorhomes with some of them being as large as 407m² and featuring individual alarms, CCTV and a common wash bay.”
The project is located on Bluebell Streetin Belmont’s light industrial precinct, which is also home to national retailers Bunnings and Kennards, as well as Caltex and Hungry Jack’s, amongst others.
“This area offers convenient access to the Pacific Highway and excellent connectivity to surrounding suburbs and business centres, and Newcastle’s central business district lies just 20 kilometres north of the facility.”
Green Capital Group Director Darren Van Aardt said he was thrilled to be partnering with Pindan.
“We are excited about bringing this project to life in conjunction with Pindan and look forward to its launch after construction wraps up next year,” he said.
</body></html>

Two new construction contracts for Pindan in New South Wales 

<html><body>
A Meadow Springs, West Australia, mortgagee home is under offer.
Situated at <a href="https://www.realestate.com.au/property-house-wa-meadow+springs-133492046" target="_blank">22 Broadmoor Loop</a>, Tom and Andrea Esze of TomEsze.com are marketing the house.
Set on 521 sqm, the abode consists of four bedrooms, two bathrooms and garaging for two vehicles, with options for the home to accommodate multiple groups in a 2 bedroom each split.
Built in 2015, the marketing material describes the home as "two homes on the one title... with leasing options galore."
Last sold for $182,000, the home transacted in the pre its construction, in 2014.
The home was then marketed at $576,000 for two years running from 2015 - 2017.
<a href="https://www.propertyobserver.com.au/subscribe" target="_blank"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/1/Subscriber%20strip%20ad.jpg" alt=""></a>
Learn more about Meadow Springs here.
</body></html>

Meadow Springs, WA mortgagee home under offer

<html><body>
The number of homes scheduled for auction continues to trend lower, with only 365 auctions to take place this week, lower than the 480 auctions last week, according to CoreLogic data.
CoreLogic noted that while most states have lifted the ban on onsite auctions and inspections, it’s likely to take a few weeks before we see an uplift in scheduled volumes.
This is due to vendors and agents generally relying on at least a four week marketing campaign leading up to the auction event.
There are 110 Melbourne homes scheduled for auction this week, down on the 163 held last week.
Sydney is expected to be the busiest auction market for another week, with 167 scheduled auctions this week, down on the 216 held last week.
Brisbane &amp; Perth are the only capital city auction markets expected to see an increase in volumes over the week, with volumes lower across Adelaide and Canberra. Tasmania has no scheduled auctions this week.
The capital city final auction clearance rate came in at 59.9% last week, the highest final result seen since Mid-March.
<img src="https://www.urban.com.au/images/2020/5/14/CL%20May%2010.JPG" alt="">
Of the 395 results collected last week, 22% were withdrawn which was much lower than the 50% seen a few weeks ago, which is the main factor in the improvement of clearances rates.
The number of ‘sold prior’ results was also slightly lower this week, however still remain higher than we would usually see with 43.8% of properties selling prior to the scheduled date.
During this weekend last year there was a 65% clearance rate from 359 auctions held in Melbourne, according to the REIV.
The REIV is expecting about 130 auctions in 97 suburbs this week.
The highest volume auction locations this week are Craigieburn with 4 scheduled auctions. Mount Waverley, Lara, Albert Park, Coburg, Templestowe, Burwood East, Caulfield South, Mulgrave and Pascoe Vale follows with 3 listings in each.
An example of the auction volume in Craigieburn this weekend is 1 Yorkshire Terrace.
The three bedroom, one bathroom home is described as the ideal first house in the marketing material.
It comes with a price guide of $435,000.
</body></html>

Auction volumes down despite restrictions lifting across multiple states

<html><body>
A Hayborough, South Australia, mortgagee home has been sold after auction at $335,000.
Situated at <a href="https://www.realestate.com.au/property-house-sa-hayborough-132636578" target="_blank">16 Jade Court</a>, Ben and Rob Heaslip of SouthCoast Realty were marketing the house.
Set on 634 sqm, the abode consists of four bedrooms, two bathrooms and garaging for two vehicles.
The home is located in the Rise Estate, and is in close proximity to the recently developed of Coles, Aldi, Bunnings and Fleurieu Aquatic Centre.
It is a short drive to central Victor Harbor &amp; Port Elliot cafes, restaurants, beaches and other local amenities/general services.
Built in 2014, the marketing material describes the home as "a golden opportunity to renovate and improve."
Last sold for $146,000, the home transacted in the same year as its construction, 2014.
<a href="https://www.propertyobserver.com.au/subscribe" target="_blank"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/1/Subscriber%20strip%20ad.jpg" alt=""></a>
The median price for a house in Hayborough is $338,000 according to CoreLogic.
</body></html>

Hayborough, SA mortgagee home sold after auction

<html><body>
<h2>OPINION:</h2>

The current climate has ushered in a seismic shift in work culture, as many employees transition into a work from home set-up. 

At Hub Australia, we are already seeing an increased demand for space from companies who may have previously favoured a long-term commercial office model. As many workers, and more importantly their managers, adapt to working from home, the need for the same quantity of space at headquarters will reduce. The importance of having a place for businesses and their teams to connect, learn and innovate will not go away. The culture of professional co-working spaces is well suited to meet this demand.

Along with this, offices will have to shift their focus from real estate providers to a more experience-centric model in order to attract people to come to the office. Traditional working as we know it is being flipped on its head at a rapid pace.

<h2>Goodbye to the traditional office lease</h2>

As we see it, the traditional office lease will be less relevant to companies post-COVID-19. There was already a movement by corporates to have part of their office requirements met by flexible workspace operators, Covid-19 will serve to quicken the pace of this movement, but also to enlarge it. Organisations will need to offer work from home flexibility, as well as provide access to a ‘work base’, which could be suburban work hubs and CBD coworking spaces.

<h2>A move to distributed working</h2>

A single headquarters with high densities in an open plan environment no longer seems like the best idea post-COVID-19. We’re predicting that employers will need to cater for a distributed workforce and provide multiple working environments, that could be a company HQ, home and third spaces. Work-life balance, commute times and the rising cost of living means that working closer to home has long been a priority for many employees. But not everybody’s home is going to be an appropriate work environment, and many employees crave the social and community aspects of the workplace, so the blending of the two will be essential.

<h2>Set-up for virtual success</h2>

Not only will flexible working become the new norm, but coworking providers will need to innovate their offering. At Hub Australia, we are launching a virtual offering at the start of May that offers members the ability to join the community virtually, with access to mailing packages, software discounts, video conferencing and the ability to work flexibly from Hub Australia locations when they need to. Setting members up for success virtually will become the norm.
</body></html>

Why a distributed model is the future of the workplace

<html><body>
The world is no longer as we once knew it, property markets across Australia are beginning to feel the ever-increasing weight of Covid-19. 
  
From the top, companies are ceasing their operations due to not having enough customers to purchase their products or services, landlords are put in compromising situations and not being able to lower rents due to current financial structures in place with their lenders and property investors who are geared to their maximum may all be feeling the heat at the moment. 
It’s no lie that things are getting tough &amp; the divide between the rich &amp; the poor will only grow more evident as time proceeds.

The truth is until we know how long this pandemic will last, we really don’t know the full effect of Covid-19.

We do know that The Australian Market has always remained victorious, recovering very well from past global economic situations, over some 120 years, property prices in Australia have risen at an average compound rate of 10.4% and property prices have doubled every 7 years or so despite droughts, wars, changes of government, interstate and overseas migration. It’s important to take into account that when we take a short-term view of property price movements, we can become anxious by contradictory statistics. However, if you understand that property prices move in 7-10-year cycles, the picture becomes a lot clearer.

Is it a good time to buy?

It’s no doubt that property transactions across Australia have dropped. On one hand we have Vendors calling their Sales Agents requesting to take their properties off the market, while distressed sellers who are facing financial hardship from job loss are forced to sell their family homes or investment properties at the fear of not being able to keep their family afloat.

Has this all happened to make us rethink the way we are living, saving, and investing……? 
That ever so precious financial security or pot of gold at the bottom of the rainbow that we all strive for. Have we done everything in our power to ensure we are in a are safe position? 
What if this ever happened again, are we protected? 
  
The question we should all really be asking is – WHERE is it a good time to buy?

Owning a property is one thing but paying it off is another….

Australia is made up of many different property markets, understanding how these markets work, may be beneficial for people who want to secure their future and build a property portfolio. 
In a declining market the premium luxury locations are usually the first to see the impact, that large 5 bedroom bayside home that was originally selling for 4.5milion could all very well come down to a price of 3.8milion if it’s on the market for too long or have a distressed buyer needing to cash out. 
  
Then at the other end of the spectrum we have the savvy investors looking for affordable/discounted positively geared properties, chasing high rental yields so they are not putting too much stress on their cash flow position.

When purchasing property, it is important to focus on what your strategy is, the 6 most common strategies are:

<ul>
<li>Capital Growth</li>
	<li>Positive Cash Flow Investments</li>
	<li>Developer Discounts/Rebates</li>
	<li>Renovate</li>
	<li>Subdivide</li>
	<li>Development – Large scale</li>
</ul>
It’s important to pick a strategy according to your financial situation &amp; stick to it as many people get caught up in the emotional side of things &amp; they blow their budget.

How resilient is the Australian economy?

It’s always a good time to buy if you know where and what to buy with the correct financial structure in place. Being proactive in an uncertain market can have its advantages. 
Property prices may fluctuate around 5% - 10% over this period, but this may not be in all cases. 
It’s a great time to take advantage of the established real estate market, however inventory is so low it may not actually change the value of the property at all. 
  
The Inventory available in brand new construction is also low due to the changes that took place in 2017 with Foreign Investment restrictions &amp; Banks tightening their belts. 
Many Developers were put in compromising situations, most deciding to hold off or delay the start of construction; big and small, as a result, today we have a lack of new properties available to purchase which may have actually helped keep our property market from falling even further today as it’s all about supply Vs demand. 
  
The brand-new construction market is what will also keep prices from lowering as Developers know that “this is just a phase &amp; it too shall pass”, They will not lower their prices and risk losing profits which would impact their current investors &amp; purchasers.

For a Developer to change prices he would expose his current purchasers and they would face valuation issues &amp; compromise all their future settlements for the project. 
  
If a Developer does want to sell due to financial need or if they just want to move on from the project, they will most likely offer a generous rebate, furniture package or holiday incentive to sweeten the deal. 
In brand new construction we need to take into account, The Developer has most likely paid a premium for the land in today’s pricing, hired a “state of the art team” consisting of architects, designers, builders, contractors and so on, lowering prices may not even be a possibility.

Trouble in today’s world.

We are living in a world where relying on capital growth may be a questionable approach when investing, over the last 5 years we know that growth in all the capital cities have certainly been slow, this could have been due to the rush of the rising property prices after the Global Financial Crisis when prices climbed to their highest, we may still be waiting for it all to catch up. 
Over the last 10 years we have seen the most growth in regional areas close to the capital cities. 
  
Investors who took this “Capital Growth” approach and purchased Apartments, Townhouses and Homes at premium prices across city locations happily organised finance on “interest only” loans and never questioned to pay off the principle in anticipation that capital growth would kick in &amp; their loan to value ratio would increase and they would have equity in their properties which would allow for a rental increase and options to refinance or borrow against. 
The issue is that over the past 5 years the capital growth never kicked in, their “interest only” period expired and loans switched to  “Principle &amp; Interest” and they are now up for an additional $1000 - $1500 per month.

This can be a scary place for an investor, especially if you have 2 or 3 properties in the same position or a mortgage…… 
  
Today, one of the safest ways to ensure you don’t get stuck in a scenario that you are cash poor is to invest in high yielding properties. 
Properties should be paid off as soon as possible to ensure you start to see the benefits of what investing in a property actually means, the goal is to purchase property that will provide you an income - not cost you money.

Slow &amp; steady wins the race.

In today’s environment it is important that we now take action and plan ahead. 
It’s important to start planting seeds now so our future selves are in a sound position to take care of the ones we love tomorrow.

The easiest way we can start to invest is to locate areas which have strong forecasts for future growth, career opportunities that can sustain strong population increase with efficient transport systems, elite schools and universities with a proactive government who are invested in increasing all of the above and evolving with the changing times. 
  
Given the economic challenges caused by coronavirus, if you are in the position to invest, you should. Right now, it’s more important than ever that we protect our future and we continue to support our building and development industry and the thousands of people it employs.

It’s a buyers’ market so now is the time to discuss a purchase on your own terms rather than sticking to the vendor demands.

Right now, you won’t have an influx of other buyers competing with you &amp; you will most likely have a little extra time on your hands that you can sit down &amp; speak to an investment specialist about what your goals are, and set an achievable plan to move forward with and continue to assess each year.
</body></html>

Melvie

The future ahead in Property & how can I ensure I am protected? (The question of the moment)

<html><body>
The investment world is ruthless, unforgiving, and volatile, in addition to being rewarding. If you are not smart, diligent, and analytical, you are unlikely to see its positive side. Property is complex and there are any number of risks involved with potentially far-reaching and devastating effects. 

In a technological age with thousands of data points available at our fingertips, now more than ever, statistics have given a valuable insight into the metrics behind what makes a successful investment in property. 

Analysing <a href="/news/real-time-market-data-property-utopia-for-buyers-sellers">property data</a> removes a large portion of the guesswork associated with investing in property. However, data in isolation is dangerous and easily misinterpreted so it’s important to consider a number of different sets of statistics in order to accurately predict a <a href="/buildings/nbh-at-lachlan-s-line-25-27-epping-road-macquarie-park">suburb’s investment potential</a>. So, what are those points?  
  
Before we get into the intricacies of each data set, it’s important to acknowledge that knowing when to invest will tell you where to invest. We’ve heard the saying time and time again in relation to real estate, location, location, location. However, most first time investors will look to the suburbs surrounding where they live and that’s the wrong strategy. In order to have exposure to the best investment markets, it’s imperative to take a nation-wide approach, this way you’ll have access to opportunities in markets that are in more favourable stages on the property cycle to the suburbs in the immediate vicinity around your local area.  
  
In order to identify these suburbs, it’s important to look at a number of micro-economic factors, these include population growth, infrastructure investment, employment growth, wage growth, future housing supply versus underlying demand, affordability, GDP for the LGA, etc. These factors will reliably indicate where to invest, looking further into the data will indicate when to enter this market.  
  
For example, looking at the construction of a train line, when will it result in price growth? When there is an announcement, when construction begins, on completion, or two years later when locals are raving about the shortened commute to work?

<h2>So, how do you know when it’s the right time to invest in a particular suburb?</h2>

In its most simplistic form, the <a href="/expert-insights/buying/how-will-the-coronavirus-impact-australia-s-property-market">property market</a> is either a buyer’s market, seller’s market or an equilibrium as it transitions between the two. Purchasing in the transition between a buyer’s market to a seller’s market still allows for a potential investor to negotiate a substantial discount and secure position in the market, while then subsequently benefit from the price growth that follows as demand increases and the market becomes more favourable for sellers. This transition window will never last longer than 10-12 weeks. What are the data points to look for when trying to identify a transitioning market?

Days On Market:  
The suburb’s days-on-market metric’s rate of change has stabilized and then decreased, quarter on quarter when analysing 90-day rolling averages over the last 4 periods. This is an indication of increased buyer demand as it is taking less time for properties to sell once they come to market. Moreover, an insight into the relationship between vendor expectation and market expectations. In very simple terms it is demand outstripping supply.

Vendor Discounting:  
The suburb’s average discounting metric rate of change has stabilised and is beginning to decrease, quarter on quarter when analysing 90-day rolling averages over the last 4 periods. This is an indication that vendors can be less negotiable on their asking prices as there is a healthy level of buyer demand

Sales Volumes:  
The suburb’s sales volume metric’s rate of change has increased consistently, quarter on quarter when analysing 90 day rolling averages over the last 4 periods. During a buyer’s market, listing volumes decrease as most vendors will wait to sell when market conditions are more in their favour. Movement in this trend in combination with positive movements in the aforementioned factors indicates an increase in sellers putting their property to market in order to capitalise on the level of buyer demand. 

Gross Yields: 
The suburb’s gross yield metric’s rate of change has increased when analysing its 90-day rolling average and also its 365-day rolling average. When this happens it generally means that tenants' interest is increasing in an area. Typically speaking they are future buyers, so this is a lead indicator of future buyer demand. 

Vacancy Rates:  
The suburb’s vacancy rate is below the long term (last five years) trend line’s median value. This demonstrates tight rental demand, an important factor for investors as the property needs to be easily leased. Demand outstripping supply is an indication of this. 

For each criterion above, a potential investor should apply a weighting to each score. If a suburb is weaker in one particular category, it may still be a very sound place to invest so it’s important to consider the data set above in context and in its entirety. 

Ultimately, by harnessing the power of the data available to us now it is possible to remove a substantial portion of risk from property investing. By analysing key sets of data and statistics, it’s probable to identify markets that are in the correct stage of the cycle to invest, this in turn will indicate to an investor <a href="/guides/how-to-invest-in-property-in-2020-the-ultimate-guide">where to invest</a>. Timing is the lead indicator to location. 

Buying and holding still remains the safest and most proven method for successful investing, in which case timing the market is less relevant when compared to time in the market.
</body></html>

Using Data To Make Informed Property Investment Decisions

<html><body>
The stage is well and truly set for the return of theatrical home sales in New South Wales, after the state government lifted restrictions on in-person auctions and open-for-inspections this weekend.
Real estate agents are back to selling homes in an environment that maximises their performance and prospective homebuyers have been able to inspect properties more easily.
The Northern Territory lifted restrictions on live auctions and open-for-inspections last weekend, while up to 10 people are allowed to inspect homes in Western Australia.
A return to the usual ways that people can buy, sell and rent property is the best news for the industry since mid-March, but the real benefit will come once we see increased real estate listings.
A big challenge for Australia’s economic recovery will be confidence, and right now, listing volumes are still well down.
Listings are down but buyer search activity is up
Since the weekly low over a month ago, buyer search activity on realestate.com.au has increased by 46 per cent nationally and is now flowing through to buyer enquiry.
Enquiry is now up 24 per cent compared to the same time last year. While the connection between buyer enquiry and transactions is not an exact one, it does show greater intent to purchase than searches alone.
There are many factors driving this uptick including a relatively low number of active COVID-19 cases, a stable banking system, incredible levels of government stimulus, and importantly, the gradual opening of the economy.
Interest in commercial farming surges ahead
Buyer interest in all commercial property types dropped in April with the exception of commercial farming.
Compared to April last year, demand (views per listing) is now up 22 per cent. At the other end of the commercial property spectrum, retail demand dropped 37 per cent and office demand declined 30 per cent.
Interest in commercial farming is likely to be partly driven by COVID-19. Unlike shopping centres and offices, which are experiencing high numbers of closed stores and empty spaces, farms are still operational, and people still need food.
Other factors also playing a role in commercial farming demand include the weak Australian dollar and the drought breaking,. Many buyers are also looking beyond seasonal and commodity cycles when purchasing.
Western Australia is attracting the most interest while South Australia is the only state with a decline in activity. During the drought, some WA commercial farms were recording bumper conditions contrasting what was happening on the eastern seaboard.
Homes are selling faster compared to last year
Interesting data looking at days on site from realestate.com.au outlines just how quickly homes are selling at the moment compared to the same time last year.
Seasonality often impacts how quickly properties sell. For example, selling a home in January generally takes longer than in September, which is also consistent with broader market activity.
Since COVID-19 lockdowns started in mid-March, days on site – the number of days a listing was active on realestate.com.au to the date it was delisted due to being sold – has increased.
However, this increase is not unusual and is typical of what we see in April given the Easter holiday period, as well as Anzac Day.
Encouragingly, days on site in April 2020 were far lower than what they were in April 2019. It is likely that the low number of properties for sale, combined with increasing levels of search and enquiry, are driving this trend.
NERIDA CONISBEE <a href="https://www.realestate.com.au/news/author/nerida-conisbee/" target="_blank">is the chief economist for the REA Group</a>
</body></html>

Latest Buying Insights

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

Editor's Picks

Developments

New apartments

New townhouses

News

Latest Buying Insights

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

Editor's Picks

Receive the latest news stories to your inbox

Developments

New apartments

New townhouses

News