A who's who of Australian surfing, business and entertainment has emerged on title records following the completion of Esprit Rainbow Bay, the latest boutique beachfront apartment development by former professional surfer Paul Gedoun's S&amp;S Projects.

The completed project has attracted an enviable collection of owners, many with long-standing ties to the southern Gold Coast and the surf culture that has helped define Rainbow Bay and neighbouring Kirra for generations.

Given Gedoun's own background in surfing, it perhaps comes as little surprise that some of Australia's most recognisable surfers have chosen to buy into the development overlooking one of the country's most celebrated stretches of coastline.

Pezet Matheson directors Jayde Pezet and Todd Matheson launched the project in late 2021, and have managed the sales campaign all the way through to its sell-out and recent completion.

<img alt="Esprit" data-entity-type="file" data-entity-uuid="08fc6261-b84e-4b09-8a44-66d3067fd0d1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-29%20at%208.51.05%E2%80%AFAM.png?VersionId=4AOcb6ETZwNUnMPdTtz1B3pZAIB_jgZ2" />

Former world champion Mick Fanning, who grew up in Coolangatta, secured an apartment in 2023. He paid&nbsp;$2.07 million. Last year he sold his Bilinga home for over $16 million.

Three-time world champion Joel Parkinson also purchased in the development, alongside big wave surfer Mark Mathews. Mathews bought the most expensive apartment in the building, spending just over $4 million.

Joining them is Rip Curl founder Doug Warbrick, whose company helped shape Australia's global surfing industry over the past five decades.

The appeal of Rainbow Bay has extended well beyond the surfing community.

International DJ Paul Fisher purchased an apartment through his investment vehicle, YLB Developments, an abbreviation of his trademark phrase "You Little Beauty".

The purchase comes as Fisher and his wife Chloe are developing their own luxury apartment project further north in Palm Beach. Their boutique beachfront development, Pescado, comprises just seven apartments on Jefferson Lane, which start from just shy of $6 million. The couple intend to retain the two-level penthouse as their Australian base between international touring commitments.

Melbourne Storm coach Craig Bellamy and his wife Wendy have also invested in Esprit, purchasing two apartments after spending decades holidaying on the southern Gold Coast. They also have a luxury apartment in Joe Adsett's Rockpool, less than 400m away from Esprit.

<h2>Boutique project draws owner-occupiers</h2>

Esprit launched in 2021 and sold strongly, with buyers drawn to its boutique scale, beachfront position and contemporary design.

The completed development comprises 94 apartments across 11 levels, offering expansive floorplans designed primarily for owner-occupiers rather than the investor market.

Crowning the building is Club Esprit, pitched as being the Gold Coast's first residential rooftop wellness centre. The roof features a&nbsp;25 metre magnesium lap pool, which is surrounded by wet daybeds and poolside cabanas,&nbsp;multiple barbecue areas,&nbsp;a yoga and relaxation play lawn, and a private dining room with a kitchen scullery, bar, lounges, and an outdoor terrace.

The wellness centre is&nbsp;fully equipped with a Technogym, ice bath, infra-red sauna, steam room, thermal room, and treatment room. The roof has views spanning&nbsp;Rainbow Bay, Snapper Rocks and the Pacific Ocean.

<h2>S&amp;S Projects continues to shape Rainbow Bay</h2>

S&amp;S Projects founder Paul Gedoun has become one of the key figures behind Rainbow Bay's evolution over the past several years.

After establishing S&amp;S Projects, Gedoun has focused on delivering lifestyle-driven apartment developments designed primarily for owner-occupiers seeking a permanent coastal home.

Esprit is Gedoun's third completed project in Rainbow Bay, following Flow and Awaken, both of which achieved record prices for the suburb.

He is now delivering <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, a 38-apartment development on Boundary Street that is currently selling, and has no plans to leave the precinct anytime soon. S&amp;S Projects has also lodged plans for its fifth Rainbow Bay development, an 88-apartment project on Boundary Street featuring a strong wellness focus.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">First look: S&amp;S Projects proposes 88-apartment wellness tower at Coolangatta's Boundary Street</a>

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Joel Robinson

Who's who of buyers revealed as Esprit Rainbow Bay settles

Nature Based Cities (NBC), the not-for-profit organisation focused on improving biodiversity and nature outcomes in urban development, has launched its latest industry design guidelines and accreditation framework, this time targeting precinct-scale residential communities.

The move extends NBC’s influence beyond its initial focus on medium and high-density residential developments. Several projects have already achieved NBC accreditation since the launch of its Medium &amp; High-Density Residential Guidelines in early 2025.

The expansion into masterplanned communities and new residential precincts reflects the growing need for stronger nature-positive benchmarks as Australia’s outer suburban growth corridors continue to expand at pace.

Paul Hameister OAM, NBC Founder and the Executive Chairman of Melbourne developer Hamton who itself leans heavily into nature and biodiversity in its developments, says the&nbsp;nature-first approach to mitigate the effects of climate change has become standard in other parts of the world such as the UK, but Australia is lagging.&nbsp;Australia’s environmentally sustainable design (ESD) rating tools have no minimum mandatory requirements for 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.”

He says that having now&nbsp;made good progress in supporting developers of medium and high-density residential projects, NBC is now looking to bolster better nature-based decision-making and recognise developers of greenfield projects in the outer ring and large inner-ring brownfield precincts, who want to champion nature and living landscape as a defining feature.

Since 2022, the not-for-profit has sought to remove the roadblocks preventing developers from incorporating nature and living landscapes into their projects, shifting the conversation from the reduction of emissions and grey infrastructure, toward recognising nature as an essential infrastructure.

The New Communities Design Guidelines and Scorecard arm developers with the tools needed to deliver a nature positive outcome for their new communities. Intended to be adopted at the outset of the planning process, the guidelines are designed to help create communities that are cooler, healthier and more resilient while also enhancing social wellbeing and long-term economic value.&nbsp;

New Communities developers seeking accreditation will be independently assessed across a range of key criteria including ecology, tree canopy, biodiversity, and walkability. Once the masterplan is complete and submitted for approval, the scorecard is formalised based on proposed outcomes. Projects that meet the NBC criteria will receive either Commended or Exemplary accreditation outcomes, creating a clear benchmark for nature-positive new communities in Australia.&nbsp;

Janis Fischer, Director at Tract and NBC Advisory Council member, said the development of new communities in our suburbs can have a substantial impact on nature and biodiversity.

"By incorporating nature-based design principles at the inception of a project, developers and their design teams can achieve nature positive outcomes that are good for both people and the planet.’’&nbsp;

NBC accredited New Community projects will gain access to NBC branding and marketing tools to help communicate their nature-based credentials to purchasers and the broader market.&nbsp;

Nature Based Cities: A new Australian benchmark for developing nature-positive new communities

Apartment buildings are increasingly being designed around how people actually live day to day, not just how they want a building to look.

For buyers, that shift is showing up in practical inclusions that respond to changing habits. Work-from-home spaces, EV charging, wellness amenities, secure bike storage and parcel management are becoming part of the broader apartment conversation, reflecting a move toward buildings that reduce friction in everyday life.

Online shopping has become one of the clearest examples of that change.

Australians spent a record $82.6 billion online in 2025, with nearly one in four retail dollars now spent online. That has made parcel delivery a regular part of apartment living, rather than an occasional inconvenience.

For apartment residents, however, the delivery process can be less straightforward than it is for detached homes. Parcels may be left in lobbies, redirected to Post Offices, missed entirely, or placed under the responsibility of building managers and concierge teams.

That is why secure parcel infrastructure is increasingly being considered alongside more familiar apartment amenities.

<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/-VjjLwoViX0?si=A3k7ws9NX35Uac7_" title="YouTube video player" width="560"></iframe>

Australia Post Parcel Lockers offer one way to address the issue. When a parcel arrives, residents receive a notification through the AusPost app or SMS, then collect it using a QR code or one-time PIN. The parcel is kept secure, accessible and removed from common areas.

The broader Parcel Locker network now includes more than 1,500 locations across Australia, positioned at Post Offices, shopping centres, supermarkets, transport hubs and other accessible locations.

For new apartment projects, the relevance is clear. A building’s amenity offering is no longer only about lifestyle spaces, but also about convenience, security and functionality.

As buyer expectations evolve, secure parcel delivery is becoming part of the same design conversation as flexible working, sustainable transport and resident wellbeing.

It is one less thing for residents to worry about, and another example of apartment design adapting to the way Australians now live.

Apartment design is adapting to the way Australians shop

While school holidays and trips to Europe tend to define the winter property market, there's been no cold snap at <a href="https://www.apartments.com.au/new-apartments/the-walden-north-sydney-177-walker-street-north-sydney-nsw-2060">The Walden</a> in North Sydney.

Developer-builder&nbsp;<a href="https://www.apartments.com.au/developers/aland">ALAND</a> sold more than $35 million worth of apartments throughout June, including a $6.8 million apartment that now ranks among the highest apartment sales ever recorded in North Sydney.

SRM Residential agent Ben Stewart said buyer demand throughout June reflected a mix of improving market confidence and longer-term thinking from owner-occupiers.

"We're seeing strong demand from owner-occupiers who are taking a longer-term view," Stewart said.

"Many recognise the opportunity to secure an apartment in an iconic building and premium location while values remain attractive. They may initially lease the property, but the intention is to eventually move in themselves, rather than purchasing purely as an investment."

[smartcode_project:default project_id=134323 project_image_fid=367129]

Located at 177 Walker Street, The Walden will deliver 161 one, two, three and four-bedroom residences across a 30-storey tower designed by Rothelowman. Every apartment occupies a corner position, maximising natural light, cross ventilation and views across Sydney Harbour, the Opera House, Sydney Heads and the northern districts.

Rather than a traditional balcony, the residences feature winter gardens that seamlessly extend the open plan living areas, creating versatile spaces for relaxing or entertaining throughout the year. Floor-to-ceiling glazing draws in natural light while showcasing sweeping views from the building's elevated Walker Street position.

Every apartment features high-end Calacatta marble, bespoke joinery, and fully integrated appliances.

The larger residences have been planned with distinct entertaining and private zones, with many master suites positioned on corners to capture natural light and harbour views. Walk-in dressing rooms, freestanding baths and refined stone finishes reinforce the house-like feel that has resonated with downsizers and owner-occupiers.

[smartcode_project:default project_id=134323 project_image_fid=6393]

Rothelowman Principal Ben Pomroy said the project was designed to make the most of its unique position overlooking the harbour.

"The Walden is a celebration of all things beautiful, curated for those who expect nothing less than exceptional," Pomroy says.

"Meticulously designed entertaining spaces and light-filled living areas that capitalise on capturing the natural beauty of Sydney's iconic harbour."

Residents will also have exclusive access to The Pavilion, a dedicated amenity building featuring a rooftop pool, wellness studio, gymnasium, sauna, concierge service, residents' lounge, private dining spaces and work-from-home facilities.

[smartcode_project:default project_id=134323 project_image_fid=6402]

The project marks ALAND's first major luxury apartment development in Sydney's inner-city market after more than two decades delivering residential communities across Greater Sydney.

Founder and CEO Andrew Hrsto previously said the rarity of the Walker Street site made it an opportunity the company could not overlook.

"This is a rare opportunity to bring a truly exceptional project to life in one of Sydney's most iconic locations, and to showcase our craftsmanship and design expertise at a world-class level," Hrsto said.

[smartcode_project:default project_id=134323 project_image_fid=6383]

The Walden has been introduced to the market at a time when demand for living in North Sydney is at an all-time high. Billions of dollars have been invested in infrastructure, including the recently opened Victoria Cross Metro station, located just 300 metres from The Walden, providing residents with direct access to the Sydney CBD in just minutes.

Private investment has also transformed the area through the arrival of new retail and dining destinations, elevating the lifestyle offering in what was once considered primarily a commercial precinct rather than an aspirational residential address.

The Walden is currently under construction and is scheduled for completion in 2028.

[smartcode_project_cta:default project_id=134323]

ALAND records $35 million in sales in North Sydney as The Walden bucks quiet winter selling season

The long-awaited redevelopment of the former Eastlakes Shopping Centre site has reached a major milestone, with Conquest's plans for a new mixed-use precinct officially placed on public exhibition.

The State Significant Development Application would transform the 1.7-hectare site at <a href="https://www.apartments.com.au/new-apartments/19a-evans-avenue-eastlakes-nsw-2018">19A Evans Avenue</a> into one of Sydney's largest urban renewal projects, delivering 736 apartments above a new shopping centre anchored by Woolworths, alongside specialty retail, dining, commercial space and new public open spaces.

The public exhibition marks the next chapter for the project after <a href="https://www.apartments.com.au/developers/conquest">Conquest</a> acquired the stalled Stage Two development from Crown Group, who completed the first stage across the road prior to their voluntary liquidation.

<img alt="First look: Conquest unveils plans for 736-home Eastlakes Shopping Centre redevelopment" data-entity-type="file" data-entity-uuid="5fca22c5-d1ed-4e2c-8801-03f7df1eafc8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/eastland%20podium.png?VersionId=uomwr41nF8CmLUZRDcu3mHQechlbxucS" />

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Designed by DKO Architecture, the proposal comprises four residential buildings ranging from 14 to 18 storeys above a two-level retail podium. The development would deliver 736 apartments, including 74 affordable homes, 215 Build-to-Rent apartments and 521 market residences. Provision has also been made for dual-key apartments, which could increase the total number of dwellings to 877.

At ground level, the shopping centre has been designed as the suburb's new meeting place, anchored by a full-line Woolworths and complemented by a curated mix of fresh food retailers, cafés, restaurants, health services and everyday convenience shopping. Generous pedestrian links and landscaped public spaces will connect the retail precinct through to Jack Mundey Reserve, creating a more walkable and connected neighbourhood.

Conquest CEO Michael Akkawi said the redevelopment was about far more than replacing a shopping centre.

"Eastlakes has been overlooked for too long, and this is the community’s moment. We are building a shopping centre and homes, a genuine heart for the suburb, and we genuinely want locals to help shape it."

"We enrich communities through the creation of homes, places, and experiences designed for life, built to last, and owner for generations. That starts with listening, so we warmly encourage everyone with a connection to Eastlakes to view the plans and share their thoughts."

<img alt="First look: Conquest unveils plans for 736-home Eastlakes Shopping Centre redevelopment" data-entity-type="file" data-entity-uuid="22f6fb20-54fb-4bd7-8a92-48fafdd00608" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/eastland.png?VersionId=cugp7s9hrMHGJJdYzkeAkrFoQgnF4GXf" />

DKO said the design had been shaped by the site's landscape setting and surrounding open space.

"Our vision for the site embraces its unique Bidjigal identity by blending the residential living with generous landscaping and a material palette inspired by the Bidjigal locality, and celebrating the panoramic views to Botany Bay and the wetlands reserves."

"Taking cues from Country, we seek to harmonise built form with the landscape and lightly touch the earth. By reconnecting, retaining and regenerating existing ecology, and weaving in natural elements, we can deepen our connection to Country."

The landscape strategy extends across the podium and rooftops, incorporating communal gardens, children's play areas, lawns, community gardens, family gathering spaces and extensive tree planting. New landscaped links will also strengthen the connection between the precinct and Jack Mundey Reserve, while publicly accessible open spaces have been integrated throughout the development.

The proposal builds on Conquest's broader placemaking strategy for the site. Through an ongoing partnership, local artist Joe Rashbrook has been appointed Urban Art Curator, working alongside young residents to transform the project's site hoardings into a public art gallery that allows the community to engage with the redevelopment before construction is complete.

Conquest has rapidly expanded its development pipeline since acquiring the Eastlakes site, with more than $6 billion worth of mixed-use projects now in planning across Sydney, including Stanmore, Castlecrag and Waterloo.

Conquest CEO Michael Akkawi said the redevelopment was about far more than replacing a shopping centre.

First look: ‘Far more than replacing a shopping centre’ as Conquest unveils 736-home Eastlakes redevelopment

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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The latest research from CoreLogic's Southbank Melbourne Cityscope shows property sales have decreased in the past three months.
The property investment firm says that sales recorded in the quarter ending November 2016 totalled $610.6 million, a decrease from the $952.9 million recorded in the three months to August 2016
But a large increase from the $187.9 million recorded to May 2016.
This data brings the 12 month total to $2.306 billion, an increase from the $1.261 billion recorded the same time last year.
The table below shows sales recorded for the past eight updates of Southbank Cityscope.
<a href="/images/2016/12/05/Southbank-01.jpeg" target="_blank">Click to enlarge</a>
<img src="/images/2016/12/05/Southbank-01.jpeg" alt="">
Recent standout sales in the Southbank area include:
<ul>
<li>Twenty8 Freshwater Place, at 28 Freshwater Place, Southbank, comprising a 26-level building with retail space on the ground level and 19 levels of office space, has sold for $286 million through Colliers International Melbourne. The sale represented an initial yield of 6.60% on passing income of $18,876,000;</li>
<li>A vacant development site, at 7-23 Spencer Street, Docklands, an 8,607 sqm block of vacant land at site preparation stage has been sold for $97 million through CBRE Melbourne and JLL Melbourne.</li>
</ul>
<a href="/images/2016/12/05/Southbank-02.jpeg" target="_blank">Click to enlarge</a>
<img src="/images/2016/12/05/Southbank-02.jpeg" alt="">
Properties for sale in Southbank in November 2016 include:
<ul>
<li>Hilton Melbourne South Wharf, at 2 Convention Centre Place, South Wharf, a 5-star hotel comprising ground floor lobby and retail space, a four-level podium and 396 rooms, for sale through JLL Hotels &amp; Hospitality and</li>
<li>202-214 Normanby Road, South Melbourne, a high single-storey brick factory-workshop building being marketed as a development site of 1,518 sqm, for sale through CBRE Melbourne.</li>
</ul>
Significant leasing opportunities in Southbank in November 2016 include:
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<li>210 Kings Way, South Melbourne, a five-storey brick and concrete office building with a 6,135 sqm building area and 56 car parks, has office space ranging from 670 to 1,890 sqm for lease through Lemon Baxter;</li>
<li>South Wharf Office Tower at 30 Convention Centre Place, South Wharf, a 12-level office tower with parking for 404 cars, has office space of 491 to 2,665 sqm for lease through Colliers International Melbourne; and</li>
<li>182 Kings Way, South Melbourne, comprising two office buildings, has office space ranging from 1,390 to 1,900 sqm for lease through CBRE Melbourne.</li>
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j.ballantyne1990-6AQqhLzZaK

Southbank property market declines in past three months: CoreLogic

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An online marketplace has been launched for finding hot desk, meeting room and short notice office space.
Hosts on Spare Workspace can list for free and accept bookings from anywhere in real time. with a service fee of up to 10 percent from each booking, or 3-10 percent for PRO accounts applied.
Founder Jake Dimarco said expected users are mostly likely to be freelancers or start-ups who need an affordable and flexible workspace, professional services with a small team, or a business traveller wanting on-demand space to work while in another city.
“They’re looking for the flexibility to change workspaces depending on their circumstances, or for a collaborative environment where they can work with others," he said.
“A hair salon with three unused chairs or a cafe’s kitchen outside of hours could be perfect to list on Spare Workspace as the platform grows.
“Whether you have a meeting room, desk or event space, you can easily share it with others. For our hosts it is free to list, and although SpareWorkspace takes a nominal fee, it remains a cost-effective way to utilise a space that may not otherwise be used. Plus, hosts can manage their growing collection of spare workspaces via our online dashboard. ”
“Our easy to use platform helps businesses every step of the way. From marketing their space to taking payments, Spare Workspace is designed to be a seamless addition to help manage an existing space. Plus, all our hosts can take advantage of on-the-ground support and local knowledge.”
Dimarco said the benefit to the “typical” Spare Workspace user will be the ability to book space from as little as one hour to up to 12 months.
 
 
 
The site launches with the majority of listings focusing on Brisbane and Sydney locations but is expected to expand nationally by the end of the year.
While the current offering focuses on existing co-working space and offices, Dimarco noted there was opportunity to branch into allowing businesses like hair salons and cafes to offer their unused spaces.
Spare Workspace has partnered with Wotso Workspace, Microsoft BizSpark, PIN Payments, Uber and Corporate House.
Visit Spare Workspace online <a href="https://spareworkspace.com.au/" target="_blank">here</a>. 
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Spare Workspace launches to share and book empty workspaces with others

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The number of full floor leasing options in Melbourne has declined compared to last year, according to Savills’ latest report.
“In Savills’ Prime Full Floor Availability Report, the state of the leasing market is assessed in a different manner to standard vacancy surveys.
The report graphically shows each Premium and A grade building in the city on a floor-by-floor basis highlighting which floors are available for lease, now and in the near future, in each building including those under construction and refurbishment,” the report stated.
Results from the September 2016 Prime Full Floor Availability Report are detailed below.
<a href="/images/2016/11/15/Melbourne%20full%20floor.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/11/15/Melbourne%20full%20floor.jpg" alt="">
Savills recorded 135 full floors totalling 192,618 square metres available for lease in A Grade buildings, or 12.7 percent of the market analysed, down from 149 full floors recorded from a year ago.
The number of full floor leasing options available sits at 177 prime grade floors in September 2016, down from 197 full floors 12 months ago.
Full floor vacancy in both Premium and A Grade declined in the 12 months to September 2016.
Vacancy in full floors peaked at 220 in December 2015 with a previous peak of 233 prime grade floors in August 2013.
In recent months, there has been a downward trend of available options.
<a href="/images/2016/11/15/Melbourne%20CBD%20office%20quarterly%20full%20floor.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/11/15/Melbourne%20CBD%20office%20quarterly%20full%20floor.jpg" alt="">
Melbourne CBD grid (excluding Docklands) total office vacancy rate sits at 7.9 percent as at June 2016.
Whilst vacancy levels had been considerably lower for much of the time, an environment of increased supply levels and rising tenant migration either for upgrade or expansion is contributing to the following vacancy rates:
<a href="/images/2016/11/15/Melbourne%20vacancy.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/11/15/Melbourne%20vacancy.jpg" alt="">
Melbourne’s vacant office space in the CBD is generally shared by quality grades, with Prime space vacancy at 7 percent and accounting for 14 percent of the total vacancy (59 percent of the total stock) as at June 2016.
Prime vacancy in the Melbourne’s CBD office has declined from 7.9 percent recorded a year ago.
During the past 12 months, Prime quality stock remained steady with the vacancy rates declining with lift in the net absorption levels.
<a href="/images/2016/11/15/Melbourne%20vacancy%20graph.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/11/15/Melbourne%20vacancy%20graph.jpg" alt="">
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Full floor leasing options in Melbourne declines compared to last year: Savills

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JLL's are dubbing their new Mascot business premises an Activity-Based Working office. The new office features non-assigned desks, discussion hubs, meeting rooms and ‘hush’ rooms designed for quiet working.
JLL has relocated from their previous offices at Sydney Airport Centre, 15 Bourke Road Mascot, to a new office within the Connect Corporate Centre at 191 O’Riordan Street, Mascot.
The Mascot fit out was completed by the firm’s Project &amp; Development Services division, which also completed the fit outs for JLL’s other WorkSmart offices across the country.  Michael Fenton, JLL’s NSW managing director said, the timing couldn't be better for the move, as JLL mark 20 years in South Sydney.
"Our success in the local market over the last two decades is a reflection of our trusted commitment to always achieving the best results for our clients," he said.
"We are equally committed to providing working environments that foster collaboration, innovation and cater for different working styles of our diverse employees."
WorkSmart was built in-house by JLL’s Corporate Solutions team and is designed to incorporates enhanced mobility and flexibility through multiple activity settings and work locations.
<img src="/images/2016/11/23/JLL%20Mascot_1.jpg" alt="">
It has plants to improve indoor air quality, low Volatile Organic Compounds finishes to all surfaces and Recycled Gyprock board. 
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JLL Mascot transitions to new activity-based working office 

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Frasers Property Australia have won the National Signatory of the Year category at the CitySwitch Green Office awards for renovations to their St Kilda office to promote staff health and wellbeing.
Frasers Property Australia upped their NABERS rating from four to five stars. HESTA was awarded a highly commended.
The National New Signatory of the Year went to KPMG with a 72 percent waste recovery rate  and reducing paper by more than 8 million sheets.
NSW winners included the State Library of NSW (Signatory of the Year over 2000 square metres), Architectus (Signatory of the Year under 2000 square metres), Norman Disney &amp; Young and Westpac (Partnership of the Year) and Marlin Communications (NSW Signatory of the Year).
Lord Mayor Clover Moore said CitySwitch has come a long way from the small program offered by three Sydney councils in 2005.
"It has spread across the country and is now receiving global recognition for the way it has engaged businesses of all sizes to make a difference on carbon emissions,” she said.
“It’s a heartening sign that Australian business is serious about its environmental impacts, and also that it has been quick to grasp the business benefits of a green economy. Since 2011, CitySwitch members across Australia have slashed emissions while saving a combined $34 million in electricity bills.
“CitySwitch National Signatory of the Year, Frasers, achieved a 4.5 star NABERS Indoor Environment Quality rating with improvements to lighting, air quality, natural ventilation and maximising use of natural light.
“The fact that CitySwitch is in line to receive a major international accolade is a credit to the businesses that have enthusiastically jumped on board this great initiative.
“I congratulate all finalists and winners and thank them for being a part of the CitySwitch Green Office program.”
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Best and brightest offices make sustainable switch

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A laneway office with a caretaker residence tucked away in one of South Melbourne's historic cobblestone lanes recently sold for $1,380,000.
The architect-designed office spaces spread over four levels at <a href="https://www.realcommercial.com.au/property-retail-vic-south+melbourne-502116922" target="_blank">7 Emerald Way, South Melbourne, Vic 3205</a> offer a fully air conditioned and flexible floor plan.
The property with a floor area of 250 sqm comprises a first floor open office and two studio/offices plus full bathroom. The second floor has an office and living area with a kitchen opening to a sunlit terrace. The top floor has a master bedroom with ensuite and a private terrace with CBD views.
The property is close to Clarendon Street, The Arts complex, Southbank and the city.
The selling agent was James Keep of Cayzer Real Estate.
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jonathanchancellor-7SQnKwU6yx

Elegant office property near Melbourne's Southbank sold

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The office property market in Melbourne, Sydney and the Gold Coast is rising with the Brisbane market bottoming out, according to the December office Property Clock from Herron Todd White.
<a href="/images/2016/12/06/Screen%20Shot%202016-12-06%20at%2012.47.16%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/12/06/Screen%20Shot%202016-12-06%20at%2012.47.16%20PM.png" alt="">
 
HTW said Sydney's vacancy rate at June 2016 was 5.6 percent and this is predicted to fall further by the end of 2017 and into 2018 and due the strong tenant market, the only national CBD office market with a total vacancy below 7 percent. The Melbourne office market is continuing to strengthen.
"By June 2016, the CBD office market had recorded a positive net absorption of approximately 148,000 square metres, due in part to the withdrawal of buildings acquired for the new metro lines and those being converted to residential," HTW said.
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"Melbourne’s offce market has continued to strengthen over 2016 with falling vacancy rates and tightening yields. 
"According to the Property Council of Australia, Melbourne’s CBD of ce market has observed a decline in vacancy rates over the rst half of 2016 from 7.8 percent in January to 7 percent in July, underpinned by positive demand and withdrawal of older office buildings. 
"Melbourne remains the second lowest vacancy rate throughout all capital cities and is significantly lower than the national average of 10.4 percent.
"Brisbane's rolling refurbishment programs will allow the properties to be repositioned within the market and capitalise on the next round of anticipated major tenant moves later in the decade. We believe commercial development heading into 2017 will reduce significantly with only two commercial development projects currently in progress. 
"As premium office accommodation has entered the market, we have seen a tightening in vacancy rates and rental incentives between premium grade buildings and older style, B grade accommodation.
"B grade vacancy rates were reported at 18.6 percent in July 2016. Prime vacancy rates increased from 8 percent in July 2015 to 22.1 percent in July 2016. It is believed that these vacancy rates will force further refurbishment or withdrawal of older stock."
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"Almost 22 percent of Perth’s CBD office space is sitting empty. That is a 2.2 percent increase over the past six months and a 4.5 percent increase from a year ago."
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Office property market in Melbourne, Sydney and Gold Coast rising: Herron Todd White

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Bec and Lleyton Hewitt have listed their little-used Kenthurst acreage for sale. 
They seem set to spend much more of their time these days in Melbourne.
The 100 square home with will no doubt sell for close to $5 million through Guardian Realty agent Gavin Weekley.
When the Kenthurst home sold in 2006 for $3 million it bettered the record for a two-hectare property by $350,000.
But the Hewitts offering remains a single-level, six-bedroom home with resort-style pool that has been overtaken by grander homes that have fetched as much as $6 million. There was a $3.9 million sale next door earlier this year.
The marketing say it has a free-flowing layout spanning more than 100 squares.
"Splashes of vibrant colour are blended with custom timber finishes and hardwood floors, set against a verdant backdrop of manicured gardens and lush lawn," it advises.
The former world number one recently relisted his Melbourne penthouse at $10 million with offers due this week.
Hewitt, who has been based in the Bahamas with his family, had rarely used the St Kilda Road pad until this year.
It is on the 19th floor of Yve tower.
It has been<a href="https://www.domain.com.au/property/for-sale/apartment-unit-flat/vic/melbourne/?adid=2011370007&amp;sp=1" target="_blank"> listed by Sotheby’s International Realty</a>, fully furnished.
Hewitt bought the apartments on level 19 and 20 for $8.325 million in 2004 at 578 St Kilda Road.
He then took around four years creating the 710 square metre internal space with six bedrooms and six bathrooms. There is also 443 square metres external space, Sotheby agent Phillip French said,
Bec and Lleyton Hewitt offloaded their three-storey Palm Beach retreat at $4.63 million in 2014.
The Palm Beach Road house cost $4.4 million in 2005.
Th property purchase was just two weeks before tying the knot. 
Bec and Lleyton were both big celebrities in their own right before they combined their star power, kicking off a whirlwind romance in 2005.
He was the then Wimbledon champion and she was a star of the enduring soapie, Home and Away.
The couple, now parents to three kids, Mia, Cruz and Ava, bought a home in Nassau in 2009 for $3.8 million.
Hewitt sold his former Adelaide home for $2,185,600 after six years on the market, for much less than the $3.2 million he paid for it in 2003.
In 2005 Hewitt was the youngest on the BRW Young Rich list with a net worth of $30 million.
The latest listing caps off a busy time for Bec too as her parents' $2.5 million Oakfield property - where Bec grew up - was sold earlier this year after three decades ownership.
This article appeared in the Saturday Daily Telegraph. 
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jchancellor-FAypfDUnLy

Lleyton Hewitt lists Sydney acreage

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Houses in Sydney are in a rising market among those in Canberra, Adelaide, Bathurst and Tamworth, according to Herron Todd White's Property Clock for December. 
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Sydney and Melbourne houses were at peak pricing in November.
In their latest report HTW state after a sustained period of strong growth, the final quarter of 2015 saw a softening residential market across many parts of the nation, with this trend expected to continue throughout Sydney in 2016.
"Despite those expectations, the market continued to see price growth throughout 2016, with double digit growth in a number of suburbs for both houses and units," HTW said.
"Auction clearance rates have recovered since the beginning of the year and are now consistently above 70 percent and 80 percent. 
"Some areas such as the inner west and eastern suburbs have had clearance rates regularly above 90 percent. 
"A major reason behind the increase in clearance rates and sale prices has been the reduced number of properties on the market and majority of properties going to auction rather than private treaty. The usual boom in the number of transactions taking place in spring has failed to live up to past experience.
"Agents have been unable to obtain the same amount of stock compared to 2015. This has caused congestion amongst competing buyers and agents are taking advantage of this. We have seen properties advertised with a price guide only to see prices jump further as they get closer to auction. Sometimes these properties are sold prior to auction for unjustifiable prices."
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The Sutherland Shire suburbs such as Gymea, Kirrawee and Miranda have been strong performers in the housing market according to HTW with Gymea has having growth rates of 10.3 percent in 2016, Kirrawee 4.5 percent and Miranda 7.3 percent (pricefinder.com.au).
The report said while these growth figures are not huge compared to 2015, these suburbs have performed stronger than others.
"A trophy house built in 2012 at 18 June Place, Gymea fetched $2.185 million and a house built in 2015 at 24 Rutherford Avenue, Burraneer sold for $3.3 million... these house sales are showing the strength of the market for quality properties.
"The suburbs which did not perform in 2016 are Engadine, Menai, Bangor and Alfords Point coming back around 2.2 percent (pricefinder.com. au).
"Suburbs such as Monterey and San Souci have seen houses under performing. Monterey house growth was 20.8 percent in 2015 compared to just 8.8 percent in 2016 and Sans Souci was 23.1 percent in 2015 compared to 9.1 percent in 2016. 
"On the eastern beaches, the suburb of North Bondi has been performing well with growth of 22.4 percent in 2016 and a median house price of $2.5 million compared to 2015 which was 13.1 percent growth and a median house price of $2.287 million.
"Lastly the popular city fringe suburb of Paddington has seen growth of 16 percent with a median house price of $2.03 million. The strong performance is an indication that the market has caught up from previous years as in 2015 the growth was 8.7 percent and median house price was $1.75 million and in 2014, growth was 3.8 percent and median house price was $1.61 million (pricefinder.com.au)."
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Sydney houses still a rising market: December 2016 HTW Property Clock

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Having bought around the corner in Clontarf, the former Aussie fast bowler Brett Lee and wife Lana sold their redundant Seaforth waterfront home on the weekend.
The paperwork was being signed inside the three level home as auction attendees were being turned away.
Clarke and Humel agents Cherie Humel and Michael Clarke was suggesting $4.8 million, with the last minute negotiations hooking a buyer at just shy of $5 million.
The couple paid $4.25 million for the four bedroom waterfront in 2013. Every level of the three storey home overlooks Middle Harbour, from the opulent master suite to the infinity pool and spa.
The fast bowler Brett Lee will be trading up into a four bedroom Clontarf residence that has cost more than $5 million. 
The Sydney home auction market commenced summer on a weaker note, according to Domain economist, Dr Andrew Wilson but sellers continued to flood the market ahead of the looming Christmas break.
"Although Saturday’s rate was the lowest recorded by the local market for over four months, it was nonetheless still a good result for sellers and reflected the surge in listings over recent weekends," Dr Wilson said.
It has been a big year for the current Australian test cricket team too, from the captain down.
Steve Smith took a shine to Balmain property when he snapped up his second investment on the pensinsula, a contemporary apartment in a boutique conversion of the Tin Sheds that cost $1.345 million.
The year's off field activity began when David Warner and wife Candice sold their home in South Coogee for $7.05 million with plans to build on a Maroubra oceanfront reserve block bought last year for $3.9 million.
Nathan Lyon has just upgraded in the Sutherland Shire.
He paid $3.8 million to buy a Port Hacking waterfront from the soccer legend Charlie Yankos and his wife, Jill.
Next weekend Mitchell Starc auctions his Mosman home after he and wife, Southern Stars cricketer Alyssa Healy bought the $5,235,000 North Curl Curl home of Jennifer Hawkins and her husband Jake Wall.
Starc has listed through McGrath Mosman’s Michael Rava with $5.5 million hopes.
Starc's fellow new ball partner in the Australian Test team attack, Josh Hazlewood, recently secured a Hunters Hill property for $3.8 million.
This article first appeared in the Sunday Telegraph.
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