Buyers considering a residence at boutique Gordon townhouse development <a href="https://www.apartments.com.au/new-townhouses/lume-gordon-43-47-dumaresq-street-gordon-nsw-2072">Lume</a>&nbsp;now have another reason to bring forward their decision.

For a limited time, purchasers of a residence at Lume will receive a BMW iX3 50 electric SUV, valued at more than $120,000, as part of their purchase. The offer is designed to add value for buyers while complementing the lifestyle envisioned for the architecturally designed Upper North Shore development.

Scott Timmins, Development Manager at <a href="https://www.apartments.com.au/developers/winim">WINIM</a>, said the partnership was created to provide buyers with a compelling reason to act.

"In today's market, buyers need a compelling reason to act now, and the BMW partnership was designed to create that catalyst. We wanted to add genuine value for our future purchasers. Choosing the all-electric BMW iX3 50 also reflects the values behind LUME, forward-thinking design, innovation and a more sustainable way of living. It's a premium incentive that complements the lifestyle our buyers aspire to and rewards those who commit early."

[smartcode_project:default project_id=7354 project_image_fid=374893]

Delivered by WINIM in partnership with Burtonwood Investment Partners, Lume comprises 14 architecturally designed two, three and four-bedroom townhomes created for families seeking the space of a freestanding house with the ease of modern, low-maintenance living.

The three-storey residences, designed by award-winning architecture practice <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, have been tailored for families and multi-generational living, featuring private internal lifts, flexible lower-level spaces, generous open-plan living and entertaining areas, media rooms, and landscaped outdoor spaces with custom outdoor kitchens.&nbsp;

Inside, engineered oak flooring, bespoke dining joinery with integrated wine fridges and backlit bars, sculptural porcelain bathrooms, Parisi freestanding baths and Astra Walker tapware create interiors that balance functionality with refined finishes.

Each townhome has been designed to combine generous internal spaces with sustainability initiatives such as EV charging infrastructure, while <a href="https://www.apartments.com.au/landscape-architect/arcadia-landscape-architecture">Arcadia</a>'s landscaped communal areas, centred around a restored creek line and native planting, encourage residents to connect with nature and spend more time outdoors.

[smartcode_project:default project_id=7354 project_image_fid=269527]

Rothelowman's Gary Tsui said the architecture was conceived to respond carefully to its Upper North Shore setting.

"Our vision was to create elegant, uplifting homes that draw on and positively contribute to the local character through meticulously considered design and an interaction with the surroundings."

The communal landscape has been designed as more than an open space between homes. Arcadia's Ben Newell and Kate Phillips said the adjoining reserve provided an opportunity to create a distinctive natural retreat for residents.

"Just as waterways carve their way through Ku-ring-gai's landscape, a raised boardwalk weaves through the reserve, connecting the homes to this tranquil oasis."

[smartcode_project:default project_id=7354 project_image_fid=374892]

Located just 300 metres from <a href="https://www.apartments.com.au/developments/gordon-nsw-2072">Gordon</a> Village and Gordon railway station, Lume offers convenient access to Sydney's CBD while placing residents close to some of the North Shore's leading schools, including Ravenswood, Pymble Ladies' College and Knox Grammar. Lane Cove National Park, Gordon Golf Club and a range of cafés and restaurants further reinforce the family-focused lifestyle on offer, with the BMW iX3 50 complementing everything from local trips around Gordon to weekend drives and city commutes.

Construction is underway with completion expected in mid-2027.

[smartcode_project_cta:default project_id=7354]

Joel Robinson

Boutique Gordon townhomes now come with a BMW iX3 50

Two apartments have sold for more than $10 million at EADE Byron Bay, setting some of the highest apartment prices ever achieved in the coastal town and underlining the growing appetite for luxury beachfront apartments in Australia's most popular coastal locations.

The $210 million project by Vitale Property Group has now secured more than $70 million in sales, led by residences that changed hands for $12.75 million and $11.75 million.

The record-breaking transactions reinforce the shift occurring in Byron Bay's premium property market, where affluent downsizers and lifestyle buyers are increasingly opting for high-end apartments over large beachfront homes.

<a href="https://www.apartments.com.au/new-apartments/eade-byron-bay-29-shirley-street-byron-bay-nsw-2481">EADE Byron Bay</a> occupies a rare 6,000 sqm absolute beachfront site on the corner of Shirley and Milton Streets overlooking Main Beach and The Wreck surf break, just 350 metres from Byron Bay's town centre.

The 25-residence development is the first beachfront apartment project approved in Byron Bay in more than a decade and is currently under construction, with completion expected in May 2027.

[smartcode_project:default project_id=145590 project_image_fid=359521]

The project has attracted a mix of local Byron Shire residents downsizing from larger homes, alongside interstate buyers from Sydney, Melbourne and Brisbane seeking a permanent coastal lifestyle without compromising on space.

Designed by <a href="https://www.apartments.com.au/architects/hayball">Hayball</a> and with interiors by <a href="https://www.apartments.com.au/interior-designers/alexander-co">Alexander &amp; Co</a>, EADE comprises&nbsp;10 garden apartments ranging from 284 sqm to 622 sqm, nine with private pools, five full-floor apartments and 10 rooftop residences with private plunge pools, expansive outdoor entertaining areas and uninterrupted ocean views.

[smartcode_project:default project_id=145590 project_image_fid=359527]

<a href="https://www.apartments.com.au/developers/vitale-property-group">Vitale Property Group</a> Managing Partner Chris Vitale said the project's combination of scale, location and limited future supply was driving buyer demand.

"There isn't another beachfront holding in Byron Bay of this size and position that could be developed again," Vitale said.

"Buyers are responding to the scarcity and the irreplaceability of a site of this calibre and to floorplans they can't find elsewhere in the market.

"We are seeing buyers place significant value on quality, space, design, resort-style amenities and the rarity of the location. The sales achieved to date demonstrate that discerning purchasers recognise the long-term significance of what is being created at EADE Byron Bay.

"Many are coming from larger homes in the Byron region, or from Sydney, Melbourne and Brisbane, and are after the space, security and convenience, without the upkeep of a house."

&nbsp;

[smartcode_project:default project_id=145590 project_image_fid=359523]

The Byron Bay project follows Vitale Property Group's delivery of the Mondrian Hotel and Private Residences at Burleigh Heads, with EADE continuing the developer's focus on luxury coastal developments.

Residents will have access to a resort-style swimming pool, gymnasium, sauna, cold plunge pool, concierge services and dedicated workspaces, while the project is targeting an 8-Star Green Star rating.

EADE Byron Bay is being exclusively marketed by Projx Australia in conjunction with WHITEFOX Projects.

WHITEFOX National Projects Director Phillip Rand said demand had been driven predominantly by owner-occupiers.

"We are seeing buyers at EADE place significant value on quality, space, design, resort-style amenities and the rarity of this location," Rand says.

"The sales achieved to date demonstrate that purchasers at this level recognise the long-term significance of what is being created at EADE Byron Bay."

Residences at EADE Byron Bay are currently priced between $4.75 million and $15.95 million.

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[smartcode_project_cta:default project_id=145590]

Vitale breaks Byron Bay records with EADE sales flurry 

When buying an apartment, most people compare the big-ticket items first. Floorplans. Kitchens. Balcony size. Natural light. The view.

But there's one everyday consideration that often doesn't come up until after moving in: how parcels are delivered.

As online shopping has become part of everyday life, parcel deliveries have shifted from an occasional event to a regular occurrence. Australians spent a record $82.6 billion shopping online in 2025, with almost one in every four retail dollars now spent digitally.

For apartment residents, that can present a challenge.

If nobody is home to accept a delivery, parcels may be redirected to a nearby Post Office, left in a building lobby or common area, or require building management to step in. In higher-density buildings, where dozens or even hundreds of residents may receive deliveries each day, parcel management has become an increasingly important part of everyday living.

That can create a range of frustrations. A missed delivery often means making time to collect a parcel elsewhere, while packages left unattended in foyers or mail areas can create clutter and increase the risk of theft. What seems like a minor inconvenience can quickly become a recurring issue for residents who shop online regularly.

It's one of those details that rarely features in a display suite but can have a noticeable impact once residents move in.

As a result, buyers are beginning to look beyond traditional apartment features and consider how a building supports day-to-day convenience, including whether there are secure options for receiving deliveries.

Australia Post's Parcel Lockers provide one solution.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/CkF2oKmlACg?si=C50sDaoUUn2nuLmq" title="YouTube video player" width="560"></iframe>

Rather than having a parcel delivered directly to an apartment, eligible deliveries can be sent to a nominated Parcel Locker. Once the parcel arrives, residents receive a notification through the AusPost app or SMS and can collect it using a QR code or one-time PIN at a time that suits them.

The Parcel Locker network now includes more than 1,500 locations nationwide, with installations at Post Offices, shopping centres, transport hubs and an increasing number of residential developments. By providing a secure collection point, Parcel Lockers help reduce missed deliveries and avoid parcels being left unattended in common areas.

For developers, parcel infrastructure is becoming another way to improve the resident experience. Rather than relying on concierge staff or leaving parcels in communal spaces, secure collection points help streamline deliveries while preserving the presentation and functionality of shared areas.

For buyers, it's a reminder that the best apartment features aren't always the most obvious.

A generous floorplan or quality finishes might help narrow the shortlist, but the conveniences that simplify everyday life, whether that's EV charging, secure bike storage or reliable parcel delivery, often become the features residents appreciate most once they're living there.

The apartment feature many buyers don't think about, until their first missed delivery

<a href="https://www.apartments.com.au/developers/hg-developments">HG Developments</a> is doubling down on Maud Street in Newstead, filing plans for a new apartment tower just a few doors down from its under-construction Aire Newstead development.

Recently submitted to Brisbane City Council, the proposal is for an 18-storey building designed by bureau^proberts, which has drawn heavily on Brisbane's subtropical design principles while referencing the suburb's industrial heritage.

A total of 64 apartments are planned for the amalgamated 1,518 sqm site at <a href="https://www.apartments.com.au/new-apartments/17-21-maud-street-newstead-qld-4006">17–21 Maud Street</a>, a short walk from the Brisbane River and Newstead Riverwalk.

<img alt="First look: HG Developments plans 18-storey subtropical apartment tower for Newstead" data-entity-type="file" data-entity-uuid="a400c7fd-bd15-48f8-a63b-10ede92efe00" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Maud%20st%20bldg.png?VersionId=.0vPmjpbC7CNP7kqGWa6L7rGIwsNExaw" />

"The building is defined by a series of vaulted motifs that reinterpret the arches, colonnades and layered facades evident throughout Newstead's historic built fabric," the Urban Design Report states.

"Combined with recessed glazing and generous balconies, these elements create a layered building envelope that provides shade, weather protection and opportunities for natural ventilation whilst establishing a distinctive architectural identity."

The proposal comprises 64 two, three and four-bedroom apartments across 18 residential levels, positioning it alongside a growing number of taller residential projects transforming Newstead's northern precinct. The tower incorporates extensive subtropical landscaping, with cascading planter boxes, deep planting at street level and a landscaped rooftop recreation area.

<img alt="First look: HG Developments plans 18-storey subtropical apartment tower for Newstead" data-entity-type="file" data-entity-uuid="1d8140f4-8b98-45cd-b1b8-1efe8c8e266b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Maud%20st%20podium.png?VersionId=VAZtbCoD44YCJ57N99fQCAKeSJx7ldZs" />

Bureau Proberts has prioritised passive environmental design throughout the project, with generous balconies, recessed glazing and operable façades helping reduce solar heat gain while maximising natural ventilation. River views become available from the upper levels, while the building has been orientated to capture prevailing breezes from both the Brisbane River and the west.

The architects say landscape is intended to be integral to the building rather than an applied element.

"Vertical greenery, cascading planter boxes and elevated gardens are woven throughout the architecture, softening the built form and strengthening the connection between residents and the subtropical environment."

"Through the integration of landscape, high-quality materials and passive design principles, the development delivers a refined residential address that celebrates Newstead's heritage character while contributing positively to Brisbane's evolving subtropical identity."

Newstead has remained one of Brisbane's most active apartment markets in recent years, with a number of developers continuing to back the inner-city suburb.

HG Developments is currently delivering the 40-apartment Aire Newstead at 25 Maud Street. Fortis recently launched the 65-apartment <a href="https://www.apartments.com.au/new-apartments/crest-walker-newstead-12-kyabra-street-newstead-qld-4006">Crest &amp; Walker</a> on Kyabra Street, while builder-developer BPG and Don O'Rorke's Consolidated Properties are both expected to launch their respective Newstead projects before the end of the year.

HG Developments doubles down in Newstead with second Maud Street apartment development

Walk past a new apartment development promoting its sustainability credentials and it's easy to picture rooftop gardens, mature trees, landscaped courtyards and residents surrounded by nature.

But in many cases, that's not actually what those sustainability ratings guarantee.

Australia's leading environmental rating tools have played a significant role in improving the energy efficiency and environmental performance of buildings. Yet despite their focus on reducing emissions, many don't require developers to include trees, biodiversity or meaningful green space.

In other words, a building can achieve one of the country's highest sustainability ratings while containing little more than concrete, glass and hard landscaping.

That disconnect has led to the emergence of a new movement across Australia's property industry: nature-based cities.

The concept goes beyond designing buildings that consume less energy. Instead, it encourages developers to treat nature as essential infrastructure, integrating biodiversity, tree canopy, living landscapes and green spaces into projects from the earliest stages of planning.

Research has consistently linked access to nature with better physical and mental health, cooler neighbourhoods, improved biodiversity, stronger climate resilience and more connected communities. As Australia's cities continue to become denser, advocates say those outcomes should be considered just as important as energy efficiency.

Nature Based Cities (NBC) was established in 2022 to help accelerate that shift.

Founded by Hamton Executive Chairman Paul Hameister OAM, the not-for-profit was created after research highlighted a significant gap in Australia's sustainability framework. While existing environmental rating tools rewarded energy performance and emissions reductions, they placed little emphasis on the inclusion of living landscapes.

"We've always wanted to do more, and we know other developers who want to do more, but the ESD rating tools just aren't there," Hameister says.

"In Australia, you can have a five-green-star rated building that's concrete and glass with not a blade of grass.

"The focus is on reducing emissions, which is laudable, but there hasn't been enough attention paid to protecting and re-establishing nature. We need both for the health of the environment and for communities."

Since its launch, NBC has developed independent design guidelines and accreditation frameworks that encourage developers to prioritise ecology, biodiversity, tree canopy, walkability and living landscapes alongside traditional sustainability measures. The organisation first focused on medium and high-density residential developments before recently expanding into precinct-scale communities and masterplanned neighbourhoods.

Jan Talacko, founder of sustainability consultancy Ark Resources and a member of the Nature Based Cities Advisory Council, says the initiative addresses an area that has largely been overlooked by the property industry.

"Throughout my 25 years of working collaboratively with all stakeholders in the property sector, I've always favoured a pragmatic approach to sustainable design which encourages initiatives that not only meet environmental expectations but also improve amenity," Talacko says.

"Whilst we are making steady progress in relation to energy and carbon emissions from buildings, there has been much less emphasis on encouraging biodiversity and tackling the urban heat island effect.

"The Nature Based Cities initiative responds to a gap in the suite of tools currently used by the property development sector, which don't provide sufficient incentive, or recognition, for the integration of landscaping and greenery."

For apartment buyers, the shift is also changing the questions worth asking.

Rather than assuming a sustainable building will naturally include abundant green space, buyers are increasingly being encouraged to look beyond environmental ratings and ask what nature is actually being delivered. How much tree canopy will the development create? Has biodiversity been considered? Are landscaped spaces designed for people as well as appearance?

As Australia's cities continue to grow upwards and outwards, the next generation of sustainability may not simply be measured by lower emissions, but by how successfully developments bring nature back into everyday urban life.

What does it really mean for a building to be 'green'?

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>

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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?

Prominent New Zealand apartment and hotel operator, <a href="/developers/safari-group">Safari Group</a>, is offering up a prime investment opportunity for Australians to purchase off the plan in one of the world’s most popular ski destinations.

They recently took to market Mountain Oak Queenstown Apartments, in the growing precinct of Remarkables Park in Frankton, near the airport and at the foot of The Remarkables - the mountain range the locals like to call “The Remarks”.&nbsp;

Sydney investors have shown interest in the one, two and three-bedroom apartments that secure high-season occupancy six months over the year, primarily over summer and winter months.

They average 90 per cent occupancy across their portfolio over January, February, March, August, November and December, while shoulder season months of April, July, September and October are still occupied 70 per cent of the time, with the growing appeal of Queenstown becoming not just a hotspot for the snow, but a lifestyle destination.

Even in the low seasons of May and June, occupancy levels reach around 40 per cent.

<img alt="Safari Group’s Mountain Oak Apartments brings new investment potential to Queenstown" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Ext_Cam15_Sunny.jpg?VersionId=SJAROUM_1s.Tr5ciMk4EEj5oAt_Vewmv" />

Safari’s Safari Hotels arm can also manage the holiday letting for an investor, from the listing on holiday accommodation websites such as Airbnb and Booking.com to the cleaning and maintenance of the investment. They’ve been in the short stay management business for 15 years and offer 24/7 support for investors, an important convenience benefit for any overseas investor

Another major drawcard for Australians is that New Zealand doesn’t have a stamp duty policy - so the entry price of NZ$639,000 (AU$586,000), is all that is payable on completion.

<img alt="Safari Group’s Mountain Oak Apartments brings new investment potential to Queenstown" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/313_Livingv2_WEB.jpg?VersionId=nV229fM0ZeYpoxOrX372HyGjfwY_LR8c" />

Safari is starting construction of the 141 apartments in Q2 this year, with a two-year build estimated to complete in mid-to-late 2027.<img alt="" data-entity-type="" data-entity-uuid="" height="15" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXczFpFAb7WuA6f4f9TtKWcqXyNwR8qqtakWv352ERkpqNlP3KwIo8YKxw67jZNHfpjEGIZGv5MQTbnvLZwNt8iu9IVdOrswOjCvBZ4zhSoOOLrpt6etVEZTN1gkBho0r_R72zdHNA?key=yq3daOanqHSb88QFd8jGYKdb" title="Click and drag to move" width="15" />​

The apartments will feature modern amenities and contemporary designs with expansive windows capturing sweeping views of The Remarkables mountain range.&nbsp;

Interiors are equipped with modern finishes, premium appliances, and secure electronic key-locked doors, ensuring a comfortable living experience for residents and guests alike.

With its strategic location near Coronet Peak and Cardrona Alpine Resort, as well as key retail and dining precincts such as Market Street, Five Mile Shopping Centre, and Remarkables Market, Mountain Oak offers a strong proposition for investors seeking high rental yields and capital appreciation in one of New Zealand’s most sought-after locations.&nbsp;

Queenstown’s sustained demand for visitor accommodation and rental properties is underpinned by a shortage of housing options, attracting both local and international buyers.

Safari Group offers low-touch investment proposition in Queenstown’s popular ski fields district

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Source: Property Council of Australia
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lschlesinger-FZcF9M3vE6

Adelaide commercial office market outlook 1990-2015: PCA

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Source: Property Council of Australia
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Perth commercial office market outlook 1990-2015: PCA

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Source: Property Council of Australia
 
 
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Canberra commercial office market outlook 1990-2015: PCA

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There was a notable pick-up in Queensland building approvals in December, bucking a weaker-than-expected national decline of 1%, according to the latest ABS figures.
Coinciding with improved take-up of the<a target="_blank" href="https://www.propertyobserver.com.au/residential/queensland-government-to-extend-building-boost-until-april/2012011253029"> state’s $10,000 building boost </a>(the scheme has been extended to April), Queensland building approvals increased by 24.6% in December on a seasonally adjusted basis, with Tasmania (15.6%) and Western Australia (6.0%) the other states to record increases.
The weakest state was Victoria (-16.7%) followed by South Australia (-9.1%) and New South Wales (-5.0%).
Approvals for private sector houses rose 0.2% in December, with rises in Western Australia (6.3%) and Queensland (4.7%), while South Australia (-8.3%), New South Wales (-3.7%) and Victoria (-3.4%) fell. The value of total building approved increased 1.9% in December following a decrease of 0.5% in November. The value of residential building increased 1% while non-residential building rose 3.3%.
Westpac says headline approvals “were a touch weaker than expected” but in line with the consensus and its own forecasts once revisions are made.
The bank expects national approvals to be revised up to a 2% rise in the month. “Approvals were down 1% in December, but November's 8.4% bounce was marked up to 10.1% for the month,” the bank says. “The context is important. Approvals were very volatile in the months before November, with sharp falls in Sep (–18.7%mth) and Oct (–10.1%mth).  Despite the upwardly revised November bounce, approvals are still down nearly a quarter on December 2010. “However there are signs that the rate of decline is moderating,” it says.
Predictably, the Housing Industry Association called for more government stimulus following the decline in December.
<img src="/images/stories/hiafeb2.gif"> 
Source: HIA
“Building approvals for both detached houses and ‘other dwellings’ are at very weak levels and now is the time to further lower interest rates and implement fiscal stimulus measures,” says HIA chief economist Harley Dale. 
“Building approvals in late 2011 imply that housing starts will fall to a level below that experienced during the depth of the GFC, which would clearly be a very unhealthy outcome,” Dale says. 
“The new home building sector is a key indicator of the health of the domestic economy and has a significant multiplier effect in terms of output and employment.”
“New housing activity doesn’t need to fall further, that situation can be averted. Such aversion requires further interest rate cuts starting next week, full pass through of those rate cuts by the banks, and government measures to both stimulate new home building activity and reignite action to address the high and inefficient tax base which applies to new housing.” 
 
 
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Queensland building approvals up 25%, but national approvals fall: ABS

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Home owners and investors should not read too much gloom into yesterday’s ABS capital city housing data, according to JP Morgan economist Ben Jarman.
<a href="https://www.propertyobserver.com.au/residential/capital-city-house-price-slide-slows-in-december-quarter-with-melbourne-worst-performer-abs/2012020153211" target="_blank">December quarter ABS figures</a> showed capital city house prices declined by 1% to be down almost 5% for the year.
However, Jarman says it is “unlikely that dwelling prices generally have been as weak as that” because the figures only represent the more expensive detached house market and does not factor in apartments or townhouses.
End-of-year <a href="https://www.propertyobserver.com.au/residential/dwelling-prices-down-0.2-in-december-2011-with-melbourne-and-perth-hit-hardest-rp-data-rismark/2012013153184">RP Data-Rismark figures</a> confirm that capital city unit prices held up far better than houses in 2011 registering a drop of 1.5% while capital city house prices fell by 4.3%.
“Due to its narrow composition, [the ABS] result overstates the weakness of the market, while timing issues also obscure stabilisation in the price data shown toward year-end,” Jarman says.
According to Jarman, the lower end of the price spectrum drove the strength of the housing market over 2009, “while the top end of town has borne a disproportionate share of the weakness through the hangover of mid-2010 through 2011.
“Given that the coverage of the House Price Index is arguably biased towards these more expensive properties (detached houses, which tend to be larger properties, in capital cities), it is therefore likely to overstate the weakness of the broader market,” he says.
Another reason to be optimistic about house prices, Jarman says, is the fact that the ABS data collection process is “biased toward results early in the quarter, meaning it gives a somewhat dated snapshot, and also is prone to substantial revisions (as occurred in yesterday’s estimates for prior quarters).
“If anything, the monthly price data look to have improved around year-end, a natural by-product of the affordability metrics returning to trend after a year of gradual price declines, and the protracted on-hold period from the RBA, which was followed by an explicit 50 basis points of monetary support at year-end.”
Furthermore, he says data on housing finance, credit, and reports from mortgage brokers suggest that, “outside of building activity – which has been and we expect will continue to be very depressed – housing is nearing the end of its glide path”.
“We have characterized the housing market as being in a pretty boring space through 2011: certainly not strong, but similarly not disconcertingly weak. We expect that description to hold true again this year, with prices to move approximately sideways through 2012,” Jarman says.
Also commenting on the ABS housing figures, CBA economist James McIntyre says the bank is not surprised that rate cuts thus far have not resulted in rises in house prices.
“Monetary policy takes time. Gains in real house prices have tended to lag shifts in interest rates by around 9 months. Recent rate cuts could see real house price gains in the late second half of 2012,” McIntyre says.
However, McIntyre warns that “nothing is pre-ordained” and says “a continuation of current weak confidence in the economic, particularly global, backdrop could mute any upward momentum, despite healthy gains in wages, rents and household incomes”.
“On the other hand, weak dwelling comments, combined with a potential pickup in population growth from a turnaround in migrant inflows, are two factors supportive of price gains.
“For now, we are comfortable with the view that easing in policy is likely to see the decline in real house prices abate, rather than spark a new appreciation.”
 
 
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ABS housing figures overly gloomy: JP Morgan

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The Brisbane and Sydney CBDs have recorded the greatest addition of new office stock over the past six months, well above 20-year supply averages, but their outlooks are vastly different, according to Property Council of Australia’s latest office market report.
Click to enlarge
<a href="/images/stories/pca1large.gif" rel="shadowbox" title="Click to enlarge"><img src="/images/stories/pca1.gif"></a>
Source: PCA
While the Brisbane office market is well placed to benefit from an influx of mining and resource-linked companies seeking office space, Sydney’s vacancy rate could increase above its current six-year high should predictions of about 7,000 banking job cuts this year prove accurate.
Over the six months to December 2011, Sydney vacancy rate increased from 9.3% to 9.6%, bucking a national decline from 9% to 7.9%.
The Sydney CBD office market, which now has nearly 5 million square metres of office space, managed a net absorption rate of just 8,000 square metres over the six-month period, just a fraction of the 20-year historical average of more than 31,000 square metres.
Sydney office vacancy rate
<img style="border-style: initial; border-color: initial;" src="/images/stories/omrsyd2.gif"> 
Source: PCA
In comparison, the Brisbane CBD’s vacancy rate decreased from 7.4% to 6.2%, the lowest since January 2009 despite increasing supply over the six-month period at nearly double the national average.
This was mainly due to Brisbane achieving net absorption of 54,032 square metres over the six-month period, the highest in five years and more than four times the 20-year average. In 2012, an additional 111,000 square metres of office space will enter the Brisbane market in 2012.
Brisbane office vacancy rate
<img style="border-style: initial; border-color: initial;" src="/images/stories/omrbris2.gif">
CBRE executive director of global research and consulting Kevin Stanley described the Sydney result as the “biggest disappointment” in the report, noting “little growth in occupied office space despite Sydney being the largest CBD in the country”.
“While the expansion in occupied space was positive, it was very weak and the vacancy rate has increased slightly to be 9.6%,” Stanley says.
“Concerns about the global economic and financial outlook have led business to be very cautious about committing to more office space in Sydney, where the share of companies in the finance and insurance industries is the highest in Australia (about 25% of all CBD employment).
“With global uncertainty likely to continue through 2012, we don’t expect the Sydney market to expand strongly again in the year ahead.  But we do hold out hope that when the European financial mess is sorted, global confidence will return and Sydney will expand strongly once again. The initiatives of the new state government will also eventually lead to a more active State economy.”
Knight Frank national director for office leasing in NSW Andy Collins says the marginal increase in Sydney’s vacancy rate was to be expected, “given relatively weak tenant demand experienced over the period”.
“Landlords are actively competing for tenants within the 'single-floor market', where effective growth during 2012 will be subdued,” Collins says.
“Vacancy in the premium-grade market segment has jumped markedly, which is probably due to the inclusion of 1 Bligh Street and 85 Castlereagh Street. Despite this, moderate growth in premium-grade effective rental levels can be expected during 2012, as pockets of tenant demand focus on high quality space”.
Like Stanley, Collins believes the Sydney market recovery will be “signalled by stability in the global equities markets and sustained growth in local business confidence”.
Analysts expect the Brisbane market to continue to perform strongly over 2012 should large leasing deals continue to be signed.
David Prosser, state director for office services at CBRE, says Brisbane numbers are consistent with expectations in both the Brisbane CBD and fringe markets.
“In order for Brisbane to sustain a continued improvement in market conditions, it is critical the large leasing deals currently in negotiation at the top end of town are concluded in a timely manner. This will help consolidate the vast improvement in sentiment we experienced in the second half of 2011,” Prosser says.
“Supply and demand is quite simple to evaluate over the next three years, with almost no new supply additions limiting any danger of a major upswing in vacancy.
“Brisbane is a very stable market for the forseeable future and can comfortably withstand a reduction in net absorption should economic conditions substantially worsen or the mining boom fall off a cliff,”
“Some tenants are seeking to renegotiate a renewal early with their current landlords should they have a 2014 lease expiry as it is expected market conditions will significantly favour landlords by this time,” he says.
The overall result – vacancies declining from 9% to 7.9% – was heralded by the Property Council of Australia, which said the Australian office market has “shrugged off gloom about the wider economy recording a decrease in vacancy to its lowest level in three years”
Overall net absorption, the most reliable indicator of business space demand, was 20% higher than the historical norm at around 240,000 square metres
Over the six month period of the survey, supply was less than 200,000 square metres, about one-third below the long-term average
“Despite the global gloom, negative business and consumer sentiment, the halting recovery from natural disasters and a tetchy political environment, the demand for space increased and vacancies fell,” says Property Council chief executive Peter Verwer.
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Boom in office construction leaves Brisbane well placed but Sydney oversupplied: PCA

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Jewel – the Gold Coast’s most ambitious property development to be given the nod – is searching for a prestigious hotel operator for the $950 million three-tower project.
A short-list of operators is shrouded in mystery, but the preferred operator should be known by March.
<img src="/images/stories/jewel1.jpg">
 
Although the Gold Coast is well supplied with luxury hotels, it is yet to attract the ultra-luxe brands such as Aman, Peninsula and Shangri-La hotels.
Gold Coast developer RDG, which is backed by the Chinese property giant Ridong Group, has moved into gear to get the plan underway.
“We have the DA approved and are currently negotiating some of the finer points with the council. Our main focus now is to secure a hotel operator,” says RDG chief executive Steven Haggart.
Jewel will be on the corner of Wharf and Old Burleigh roads, Surfers Paradise.
It will have a six-star hotel with all of the attendant restaurants, bars, pools, gyms and all of the shopping expected of such an operation. There will also be two residential towers, one of of 35 levels and one of 45 levels.
<img src="/images/stories/jewel2.jpg">
It will also have a spa, beach club, ballroom and a two-level recording studio, which was inspired by the Setai Hotel in South Beach, Miami, where Lenny Kravitz has branded the property.
According to Haggart, contracts for off-the-plan apartment sales will be ready by November this year.
“We want to be able to take the apartments to market by the end of this year,” he says.
For such a premium plan, the apartments are modestly priced, starting at about $800,000 for a two-bedroom unit.
“Jewel will be like an island with its own beachfront and without being surrounded by KFCs. We are pricing it realistically for the local and international markets and providing excellent quality,” says Haggart.
About half of the units are tipped to be sold offshore while 30% are marked for interstate ownership and the remaining 20% for local Queenslanders.
RDG expects to announce the builder for the project later this year, with demolition tipped to start in March 2013 and completion slated for summer 2015-16.
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andreadixon-oif3j7eKne

Jewel, set for Surfers Paradise skyline, seeks hotel operator looking for a Gold Coast gem

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Source: Property Council of Australia
 
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Brisbane commercial office market outlook 1990-2015: PCA

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Source: Property Council of Australia
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Sydney commercial office market outlook 1990-2015: PCA

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With the release of the of ABS December quarter capital city house price indices, property investors now have four sets of data to benchmark the  recent performance of these key markets.
Researchers use different methodologies and data to compile their figures, and <a target="_blank" href="https://www.propertyobserver.com.au/residential/divergent-housing-data-raises-more-questions-than-answers/2012020153216">not surprisingly the results diverge</a>.
As an example, RP-Data Rismark says Melbourne house prices are down 6.8% for the year to a median of $485,000, while Australian Property Monitors says they’re down only 3.1% for the year to a median of $538,000. Different again, Residex puts the Melbourne median at $485,000.
To help investors get the full picture, Property Observer has compiled a roundup of property price research undertaken by RP Data-Rismark, Australian Property Monitors (APM), the ABS and Residex for the eight capital city markets.
<img src="/images/stories/sydney.gif">
The ABS says house prices are down 1% for the December 2011 quarter and down 2.7% for the year to a median of $595,000^.
Residex says house prices decreased by 0.24% in December, are down 1.78% for the quarter and down 2.54% for the year to a median of $656,000.
RP Data-Rismark says house prices increased by 0.5% in December, are up 0.7% for the quarter and down 0.9% for the year to a median of $535,000.
APM says house prices are unchanged for the quarter and down 1.3% for the year to a median of $637,000.
 
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<img src="/images/stories/melbourne.gif">
The ABS says house prices are down 1.6% for the quarter and down 6.1% for the year to a median of $500,000^.
Residex says house prices decreased by 0.1% in December to be down 1.01% for the quarter and down 3.28% for the year to a median of $574,000.
RP Data-Rismark says house prices decreased by 0.7% in December, are down 1.8% for the quarter and down 6.8% for the year to a median of $485,000.
APM says house prices are up 1.1% for the quarter and down 3.1% for the year to a median of $538,000.
 
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<img src="/images/stories/brisbane.gif">
The ABS says house prices are down 1.3% for the quarter and down 6.7% for the year to a median of $442,000^.
Residex says house prices decreased by 0.49% in December, are down 2.54% for the quarter and are down 6.7% for the year to a median of $427,500.
RP Data-Rismark says house prices decreased by 0.5% in December, are down 1.1% for the quarter and are down 6.8% for the year to a median of $435,000.
APM says house prices fell 1.2% for the quarter and are down 7.5% for the year to a median of $426,000.
 
<hr>
 
<img src="/images/stories/perth.gif">
The ABS says house prices are up 0.5% for the quarter and down 4.9% for the year to a median of $485,000^.
Residex says house prices decreased by 1.11% in December, are up 0.41% for the quarter and down 3.76% for the year to a median of $469,000.
RP Data-Rismark says house prices decreased by 1.2% in December, are down 1.6% for the quarter and fell 4.3% for the year to a median of $465,000.
APM says house prices are down 1.2% for the quarter and are down 5.2% for the year to a median of $522,000.
 
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<img src="/images/stories/adelaide.gif">
The ABS says house prices are down 1.6% for the quarter and down 6.4% for the year to a median of $395,000^.
Residex says house prices increased by 0.79% in December, fell 0.43% for the quarter and declined 3.17% for the year to a median of $395,500.
RP Data-Rismark says house prices decreased by 0.5% in December, are down 1.5% for the quarter and fell 5.3% for the year to a median of $385,000.
APM says house prices are up 0.5% for the quarter and are down 3.9% for the year to a median of $438,000.
 
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<img src="/images/stories/darwin.gif">
The ABS says house prices are down 1.4% for the quarter and down 5.4% for the year to a median of $500,000^.
Residex says house prices increased by 1.7% in December, are down 1.25% for the quarter and fell 6.11% for the year to a median of $484,500.
RP Data-Rismark says house prices decreased by 0.5% in December, are down 1.6% for the quarter and fell 2.2% for the year to a median of $490,000.
APM says house prices are down 0.5% for the quarter and down 7% for the year to a median of $579,000.
 
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<img src="/images/stories/canberra.gif">
The ABS says house prices are up 0.7% for the quarter and down 2.6% for the year to a median of $540,000^.
Residex says house prices increased by 0.51% in December but are down 1.84% for the quarter and down 2.03% for the year to a median of $526,500.
RP Data-Rismark says house prices decreased by 1.5% in December, are down 1.5% for the quarter and fell 2.5% for the year to a median of $535,000.
APM says house prices are down 0.6% for the quarter and declined 3.5% for the year to a median of $552,000.
 
<hr>
 
<img src="/images/stories/hobart.gif">
The ABS says house prices are up 0.8% for the quarter and down 4% for the year to a median of $330,000^.
Residex says house prices increased by 2.81% in December, are up 1.14% for the quarter and up 0.32% for the year to a median of $389,000.
RP Data-Rismark says house prices decreased by 2.4% in November*, are up 0.4% for the quarter and down 8.7% for the year to a median of $340,000.
APM says house prices are up 0.5% for the quarter and down 5% for the year to a median of $323,000.
*RP Data-Rismark most recent Hobart data 
^ABS median prices are up until June 2011 quarter
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Safari Group offers low-touch investment proposition in Queenstown’s popular ski fields district

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