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.

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<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>

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Ellen Walker

Off-the-plan property explained: What is stamp duty?

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GUEST OBSERVER
Narrow lot designs will be one of the key changes to the home building market in 2016 as it has also been for 2015. It’s no secret that land sizes are becoming smaller to cater for the growing population.
According to the December 2014 report ‘A PLAN FOR GROWING SYDNEY’ by NSW Government Planning and Environment* – over the next 20 years, the population in Sydney will grow much faster than in the last 20 years. The report states that, “Projections indicate that Sydney will need around 664,000 additional homes over the next 20 years. New housing will be needed in greenfield locations and the established urban area. Providing housing in a variety of sizes, types and locations will be essential to meeting Sydney’s future housing need."
To respond to these issues, the Government will introduce planning controls and work with the development industry to increase the number of homes in established urban and development areas. The government is also encouraging innovative, well-designed, smaller homes to suit lifestyles and budgets of the growing population. 
With smaller block sizes, it means more demand for innovative designs that don’t compromise on space. Some people won’t consider buying a block of land unless it has the space they need for their ideal home. All builders are becoming savvier about the way they build a practical ‘family home’.
As well as narrow block designs, there are many other trends and buyer behaviour that Allworth Homes predicts for 2016.
1.      Knock-down rebuilds will continue to increase. 
Home buyers are realising re-building a brand new home on their existing property is beneficial in the long run, financially and logistically. We have seen a marked increase in the number of re-build sites at Allworth Homes and are confident these numbers will keep rising in 2016. We believe this trend comes down to people crunching the numbers around associated costs relating to ‘moving’ compared to building ‘new’. Mixed with the fact that they are future proofing the resale of their home down the track, it’s a clear winner as to why people are choosing to go down this road. 
2.      Buyers are demanding more transparency. 
People are now more educated about what’s involved in building a new home but are still drowning in uncertainty around costs. Buyers want transparency up front. They want to know what they’re in for. Allworth Homes promotes a ‘Ready To Live’ price at every display home door. 
We have been pricing homes on various sites for so long we feel confident in promoting an all up price that will be very close to the final quotation. There are some conditions relating to lot size, services and site fall but in the majority of cases, our ‘Ready To Live’ price should be spot on.
3.      Buyers are future proofing their homes for multigenerational living.  
A lot of new home buyers are now following the trend toward ‘future-proofing’ their new home design. That is, designs that allow, with a small amount of renovation work, a former living area to be converted into sleeping accommodation with bathroom access, for example. Homes with versatile spaces that can be used in different ways and accommodate multi-generational living will continue to be in high demand in the coming years.
4.      High land prices in Sydney will make it tougher for First Home Buyers entering the market. 
This is an unfortunate reality that doesn’t need much explanation. We are seeing a decrease in the amount of sites for first home buyers can afford in Sydney and with the reduction in the First Home Owners Grant, we expect those numbers to keep dropping.
Good news is this may be short lived. With major land release planned and lot sizes decreasing, competition amongst developers should see land priced within the in reach of first home buyers in Sydney late 2016 – 2017.
5.      A tighter market and major developers focussing on ‘Mum and Dad’ buyers will see the return of the discerning traditional buyer, pushing solid long-term contract home builders to the fore. Newer, speculative builders once reliant on a burgeoning market will have to re-invent themselves to survive.
6.      The shortage of bricklayers and subsequent increased labour costs has seen many builders turning to alternate materials. These alternates - do they pass conservative NSW buyers ‘knock test’? Do they provide adequate termite protection? Long term maintenance issues. resale values… all questions buyers will consider in their decision. Whilst Allworth Homes is considering alternatives to brickwork, none have yet passed muster for us. Allworth are sticking with brick at this stage. More bricklayers will be freed up by the builders going other ways and we feel brick will be people’s number one choice for some time.
Stephen Thompson is managing director, <a href="https://allworthhomes.com.au" target="_blank">Allworth Homes</a>.
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2016 home building trends and predictions: Stephen Thompson

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GUEST OBSERVER
As I write this (December 2015), house prices have fallen in most major capital cities for the first time in several years.
In fact, the CoreLogic RP Data Home Value Index for November 2015 showed that home prices fell by 1.5% across Australia's capital cities over the month, with five of the eight capital cities showing declines.
So, what does this mean?
In my opinion, and also that of the ANZ and several other financial institutions around the country (thankfully), is that housing markets in Australian capital cities will cool, not crash in 2016.
The actions of APRA and subsequently the banks have achieved the desired result by dampening prices through tighter investor lending conditions.
1. My Prediction for 2016: The CoreLogic RP Data Home Value Index will show an average decline of between 5% and 10% for Australia’s capital cities over 2016.
 The Turnbull Government will be re-elected at the 2016 Federal Election.
Whilst the Prime Ministerial ‘musical chairs’ appears to be over, the music hasn’t fully stopped for the Australian public.
The timing of the next federal election is unknown at this stage, however according to the Constitution, must be held by no later than 14 January 2017.
Pollsters are suggesting that Prime Minister Malcolm Turnbull may capitalise on his ‘honeymoon’ ratings and call an early election, potentially as early as March, however the PM has affirmed he is in no rush.
"I'm expecting it to be about this time (next year), well perhaps November is getting a bit late, I would say around September, October next year is when you should expect the next election to be," Turnbull told reporters in November 2015.
2. My Prediction for 2016: I’ll take a stab and say Saturday September 25, 2016 with the Coalition comfortably elected.   Interest rates will remain stable whilst the economy shows modest growth.
December’s GDP growth results came as a surprise to many analysts, with Australia's economy showing signs of picking up momentum by registering 2.5% growth over the past year.
Despite this being the fastest economic growth in 18 months, it is still below the economy's long-term trend of 3.5% - a sign of continued patchiness in the economy. Subsequently, it’s hard to envision any material change in interest rates over the course of 2016.
3. My Prediction for 2016: The Australian economy will record GDP growth of 2.5% - 3.0% over the course of 2016 and interest rates will remain unchanged or increase by a maximum of 25 basis points.   Architectural excellence and innovation will define success.
It goes without saying that 2015 has been a year of architectural excellence in property. As markets have accelerated, so have the expectations of a building’s occupants. Whether it is skyscrapers inspired by ‘Beyonce’s curves’, the world’s smartest office building or a retail experience so authentic that a young Melbourne architect took out the top global gong, success is being defined by the ability to experience and inspire.
4. My Prediction for 2016: Architecture will expand to be branded, experiential and intelligent.   New, disruptive technologies will shake up our industry.
The next 12 months will feature some genuine game changers that excite and inspire me like nothing else in the industry.
I genuinely believe that our sector - largely unaffected by the disruption we have seen in the travel or media industries, for example -  will experience an inflection point over the coming year.
Just think about this for a moment. These four trends – prefabrication, crowdfunding, 3D printing and virtual reality – are all at a point of their evolution where the products are fundamentally proven but the everyday impact is yet to be felt. 2016 will be the year where the next “UBER” hits the Australian property sector.
5. My Prediction for 2016: One (if not more) of the four trends above will become ubiquitous and fundamentally change the way we do business.   The globalisation of real estate markets has just begun.
The flow of offshore capital into Australian property markets reached historical highs in 2015, largely due to a significant increase in Chinese investment in residential real estate.
Despite the sometimes xenophobic rhetoric underpinning the national conversation, one thing is clear: the fundamentals haven’t changed and certainly won’t change for at least a generation.
We are at the start of our “Asian century” and foreign direct investment will only grow.
6. My Prediction for 2016: Foreign direct investment in Australian residential and commercial property will grow.   Governments start to wake to the demographic and environmental challenge.
There continues to be a strange disconnect between the rhetoric of our national leaders, Federal and State Governments’ policies and the sobering demographic and environmental challenges that confront the Australian economy over the next few decades.
An ageing population and climate change sit at the center of this monumental challenge.
With a change in Prime Minister and the installment of a more moderate and pragmatic government, perhaps 2016 will be the year in which public policy catches up with the needs of the public.
7. My Prediction for 2016: Major policy reform platforms will be established around tax, health and the environment.
Adam Di Marco is publisher and founder of <a href="https://www.theurbandeveloper.com" target="_blank">TheUrbanDeveloper.com</a>. Adam is also a director of Brisbane-based investment, management and development firm, <a href="https://www.marquette.com.au/" target="blank">Marquette Properties</a>.
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10% price declines possible amid 7 predictions for Australian property in 2016: Adam Di Marco

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The four bedroom, octagonal shaped Grandview is up for auction in Mittagong.
Built and designed in 1981 by renowned Southern Highlands builder Colin Sell, the award winning architectural design of Grandview still maintains its original interiors. 
The rotunda-style, open plan living and dining room are the centre piece of the property with cathedral ceilings, exposed brickwork and a central fireplace.
The wraparound entertainment and viewing deck is met by landscaped gardens and district and mountain views from all angles.
There is a separate family room, a home office and an underhouse studio or workshop.
Privately placed on 2288 sqm and surrounded by landscaped gardens, the unique home is a short walk to Mittagong town centre.
Rick Mooney of Ray White Mittagong has the listing of <a href="https://www.realestate.com.au/property-house-nsw-mittagong-121474714" target="_blank">56 Oxley Drive</a>.
Octagonal shaped houses are becoming more and more a curiosity after The Block's conversion of the octagonal shaped Hotel Saville in South Yarra. 
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Mittagong's octagonal Grandview up for auction

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The former rugby league champion Bradley Clyde is selling his resort style family home at Sylvania Waters.
Bradley, the only player to have twice won the Clive Churchill medal as the best player in the grand final, bought the contemporary four bedroom, three bathroom home in 2014 for $1.6 million.
The property, <a href="https://www.realestate.com.au/property-house-nsw-sylvania+waters-121323146" target="_blank">22 Hampton Road Sylvania Waters</a>, features an in-ground pool and has been listed through Nigel McAllister of McGrath Sylvania who has $1.6 million plus hopes for its December 12 auction. 
Widely considered as one of the best forwards in the game, Bradley had a long and fruitful career at club level as well as representing Australia 19 times.
Born and raised in Canberra he spent most of his career at the Canberra Raiders before moving to Canterbury to represent the Bulldogs.
After a year in Canterbury he moved to England to finish his playing career with Leeds Rhinos.
Clyde moved into management soon after retiring and spent seven years with Canterbury Bulldogs before being sacked.
Clyde is an inductee to the Australian Capital Territory sporting hall of fame.
He currently works as a business development executive for Australia's leading business process outsource company Chandler, however he still is part of the NRL set up as a match review committee and anti-doping tribunal member.
This article was first published in the Sunday Telegraph. 
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Former NRL star Bradley Clyde lists in Sylvania Waters

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Ray White NSW announced the extension of their official partnership with rugby team, the NSW Waratahs, for the 2016 season.
Ray White began their sponsorship in 2014 - the first year the Tahs won the Super Rugby championship. This will be the third year running that Ray White sponsors them.
“There was no question of Ray White not continuing this successful partnership. As the only representative rugby team in NSW, and a force in the Super Rugby competition, the combination with the Ray White brand is nothing less than a match made in heaven,” Ray White NSW chief executive officer Stephen Nell said.
“There’s a strong affinity between our brand and Waratahs fans and this relationship gives us a unique association with the state. This partnership unites us and brings together all our NSW franchisees like nothing else.” 
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Ray White sponsors the Waratahs for third year running

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The award winning mortgage broker N1 Finance, partnering with Seekahome Pty Ltd, has created a mobile and tablet only application which allows property owners to create rental listings for free in as little as 90 seconds.
The application, titled 'Snailapp', allows landlords to source their own tenants through and a engage with them directly through the apps messenger service.
Roughly 1.8 million households rented a property, according to Australian census data and with average management fees around 5 per cent and an average property price of $500,000 across all states, landlords are paying $1,100 a year in property management fees.
Managing Director of N1 Finance Ren Wong said that even with a conservative estimate of 600,000 properties managed by agents in Australia, the addressable market for DIY rental apps would be $660 million.
Snailapp is available now on iOS and Android. 
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Mobile, tablet rental app allows listings within 90 seconds

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Frasers Property Australia's residential development Putney Hill has won a number of recent industry awards for building excellence for its apartments and premium homes and apartments.
Putney Hill won awards for the best townhouse/villa developer, the commendation winner in the masterplanned development category and many others. The awards came from the UDIA NSW, MBA NSW and the HIA.
Taylor Construction Group continues building the development at Putney Hill, having been appointed to build its $51 million trio of apartment buildings known as Canopy, as part of the development's Morrison Road Precinct. 
Construction is underway on the second stage of the master planned community, with completion expected early 2017.
The Morrison Road Precinct directly overlooks the new 2.4 hectare Lardelli Park and comprises over 300 apartments.
Canopy and Putney Hill’s latest apartment release, PEAK, set within native trees and lush landscaped gardens, will commence construction in early 2016.
PEAK’s 174 apartments and penthouses are currently selling fast with over $68 million in sales.
Set across two low-rise buildings, PEAK occupies the site’s highest point and affords residents spectacular views from Sydney CBD to the Parramatta River and Blue Mountains.
Frasers Property development director Warwick Dowler said the property group were delighted with the MBA award win and to be recognised for the dedication and commitment to excellence for the complex.
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Frasers Property Australia celebrates Putney Hill awards

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If you still want to get your hands on a property this Christmas, then Blacktown is the place for you.
The Sydney suburb is holding an auction just three days before Christmas, with seven properties going under the hammer.
Mark Vella of Starr Partners Blacktown has five family homes.
The most expensive home he has is <a href="https://www.realestateview.com.au/Real-Estate/3-bridge-view-street-blacktown/Property-Details-buy-residential-9805164" target="_blank">3 Bridge View Street</a> (above). The five bedroom property with an in-ground pool has a bidders guide from $725,000.
He also has the four bedroom <a href="https://www.realestateview.com.au/Real-Estate/17-clare-street-blacktown/Property-Details-buy-residential-9802938" target="_blank"></a><a href="https://www.realestateview.com.au/Real-Estate/30-julie-street-blacktown/Property-Details-buy-residential-9807456" target="_blank">30 Julie Street</a> available for $630,000 plus and <a href="https://www.realestateview.com.au/Real-Estate/11-177-reservoir-road-blacktown/Property-Details-buy-residential-9805165" target="_blank">11/177 Reservoir Road</a> for $430,000 plus.
The four bedroom <a href="https://www.realestateview.com.au/Real-Estate/17-clare-street-blacktown/Property-Details-buy-residential-9802938" target="_blank">17 Clare Street</a> or <a href="https://www.realestateview.com.au/Real-Estate/6-16-filey-street-blacktown/Property-Details-buy-residential-9810460" target="_blank">6/16 Filey Street</a> don't come with a price guide.<a href="https://www.realestateview.com.au/Real-Estate/11-177-reservoir-road-blacktown/Property-Details-buy-residential-9805165" target="_blank"> </a>
Daniel Formosa and Brandon Mercia have the other family home at the auction, with the four bedroom <a href="https://www.realestateview.com.au/Real-Estate/26-berg-street-blacktown/Property-Details-buy-residential-9820792" target="_blank">26 Berg Street</a>.
The last property is targeted at the renovator, <a href="https://www.realestateview.com.au/Real-Estate/227-blacktown-road-blacktown/Property-Details-buy-residential-9820793">277 Blacktown Road</a>, which is located on a 663 sqm block with two double bedrooms.
Mark Sargent and Jonathan Kirby have the listing.
The auction will take place at the Max Weber Library on Tuesday December 22.  
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Blacktown auction three days before Christmas

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GUEST OBSERVER
The announcement by the NSW Government of the preferred route of the light rail from Parramatta to Strathfield should lead to significant new development along the route. 
The selection of the light rail route through the urban renewal areas of Camelia and then the Olympic site at Homebush is clearly seen as a driver of new development.
This is a great opportunity to champion a new form of mixed use urban density where jobs, recreation, retail and living all work together.
The connection to Westmead is important as this is clearly a major centre of jobs and of potential urban renewal. The transport link can also connect the proposed development at North Parramatta back into the centre of Parramatta.
The connection with Sydney Olympic Park should give this precinct the direct transport connection it desperately needs and hopefully stimulate new jobs as well as residential accommodation.
The branch to Carlingford along the existing heavy rail line is another opportunity to encourage urban renewal with mixed use development.
The Urban Taskforce is concerned about the proposed Special Infrastructure Contribution (SIC) of $200 per square metre of GFA of new residential developments. While providing funds for the Light Rail itself the contribution will also increase the cost of housing. A 100 square metre apartment will clearly have an extra $20,000 added to its cost. The danger of adding a high contribution amount is that development may not be economically viable and so funds will not flow to the infrastructure. Further discussions with industry are needed to ensure that the SIC is workable.
The Urban Taskforce has argued strongly for a clear link between infrastructure and density and the announcement about the light rail route opens the opportunity to deliver significant new density. One advantage of the SIC is that it is an encouragement to planning bodies to support significant amounts of development so that funds are raised. Without significant density uplift there will be little funds raised.
While the SIC does not apply to development related to jobs there needs to be strong planning incentives to support more jobs in Western Sydney and particularly related to transport infrastructure.
Chris Johnson is chief executive officer of property development industry group Urban Taskforce and can be contacted <a href="https://www.urbantaskforce.com.au/index.php?option=com_content&amp;view=article&amp;id=97&amp;Itemid=126#.Vdaart55dFI" target="_blank">here</a>.
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Parramatta- Strathfield light rail must drive significant new development: Urban Taskforce

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The Australian leading commercial real estate company Colliers International are selling a large parcel of land two blocks from the beach in Mandurah.
The 15,793 sqm vacant land, split over two adjacent blocks, is expected to capture interest from tourist and residential developers.
Located an hour south of Perth, the separate blocks comprise of <a href="https://www.realcommercial.com.au/property-land+development-wa-mandurah-501783462">170 Mandurah Terrace</a> and the former Lucky Caravan Park at 20 Henson Street.
Both properties are zoned urban under the Peel Region Scheme which allows for residential development, employment and retail use.
However, additional permitted uses under the City of Mandurah Town planning scheme allow for commercial and tourist development.
Colliers International director of investment services Nicholas Agapitos said the properties were the largest parcel of land to come to the market in Mandurah in some time, and had a flexible range of uses. 
“There is an existing approval for a tourist development on the site and Mandurah remains a hotspot for overnight and short-stay accommodation," he said.
The Peel region recently recorded a 13-year high in domestic overnight visitors, with approximately 540,000 domestic overnight trips. 
The development approval allows for 47 residential apartments, 165 tourist units and 10 ground-floor commercial tenancies. Approval was also granted for a 12-storey tower on the site and 477 parking bays. 
Offers for the properties close December 21. 
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