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

Joel Robinson

Boutique Gordon townhomes now come with a BMW iX3 50

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

Vitale breaks Byron Bay records with EADE sales flurry 

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

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

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

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

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

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

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

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First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Staff Writer

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

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

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No change to NSW first home buyer grants in the state budget could intensify activity before the grant's 1 January 2016 reduction.
The grant for buyers of new homes is scheduled to be reduced from $15,000 to $10,000. 
While recipient numbers are up, first home buyers have been largely absent from the booming Sydney market, hesitant at purchasing new homes. 
Grants for established home purchases for first time ceased three years ago.
But the $5000 reduction could spark a Home World flurry over the next six months. 
The Government budget papers said it was continuing to target its first home owner assistance (grants and transfer duty concessions) to support the purchase or construction of new homes, which is helping increase the supply of new housing in NSW. 
In 2014, the Government provided 7,955 First Home Owner Grants for new homes, a 25% increase on the previous year.
A $15,000 grant is available to first home buyers where the value of the new home purchased does not exceed the First Home Owner Grant Cap of $750,000 for contracts dated on or after 1 July 2014.
The amount of the grant will reduce to $10,000 from 1 January 2016.
There is also a wider duty exemption on new homes valued up to $550,000 and vacant land valued up to $350,000.
A duty concession on new homes valued between $550,000 and $650,000, and vacant land valued between $350,000 and $450,000.
The recent strength in the Sydney property boom was being especially driven by properties <a href="/expert-insights/less-revenue-growth-ahead-but-nsw-state-budget-benefits-from-7-29-billion-stamp-duty-bonanza">valued over $1.2 million, the NSW State Budget revealed</a>, but the housing boom longevity is not being assumed by the NSW Treasury.
NSW land tax revenues are forecast to rise at a faster rate than stamp duty revenues, <a href="/expert-insights/nsw-land-tax-revenue-increases-to-outdo-stamp-duty-revenue-growth">according to the NSW state budget papers</a>.
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jchancellor-FAypfDUnLy

No NSW state budget first home grant changes so $5000 January 2016 reduction deadline looms

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NSW land tax revenues are forecast to rise at a faster rate than stamp duty revenues, according to the NSW state budget papers.
<div>There is an expected 5.7% annual average boost in land tax paid by NSW investors over the four year forward period, rising from $2.49 billion to $3.11 billion in 2018-19.</div>
<div> </div>
<div>No change in the tax rate, just reflecting growth in land values.
</div>
<div> </div>
<div>Home purchase stamp duty revenues are forecast to rise 4.2% over the period, from $7.29 billion this year to $8.6 billion in 2018-19..</div>
<div>In 2015-16 transfer duty is expected to increase by $551 million, up 7.6 compared to 2014-15, with residential duty tipped to be 11.8% higher.</div>
<div>Stamp duties remain a levels mostly introduced three decades ago.</div>
Duty is calculated on the total dutiable value of the property subject to the transaction.
<table style="height: 160px; width: 428px;">
<thead><tr valign="top">
<td>Value of the property subject to the transaction</td>
<td>Rate of duty</td>
</tr></thead>
<tbody>
<tr valign="top">
<td>$0 - $14,000</td>
<td>$1.25 for every $100 or part of the value</td>
</tr>
<tr valign="top">
<td>$14,001 - $30,000</td>
<td>$175 plus $1.50 for every $100, that the value exceeds $14,000</td>
</tr>
<tr valign="top">
<td>$30,001 - $80,000</td>
<td>$415 plus $1.75 for every $100, that the value exceeds $30,000</td>
</tr>
<tr valign="top">
<td>$80,001 - $300,000</td>
<td>$1,290 plus $3.50 for every $100, that the value exceeds $80,000</td>
</tr>
<tr valign="top">
<td>$300,001 - $1m</td>
<td>$8,990 plus $4.50 for every $100, that the value exceeds $300,000</td>
</tr>
<tr valign="top">
<td>over $1m</td>
<td>$40,490 plus $5.50 for every $100, that the value exceeds $1,000,000</td>
</tr>
<tr valign="top">
<td>
Premium Property Duty: over $3m</td>
<td>$150,490 plus $7.00 for every $100, that the value exceeds $3,000,000.</td>
</tr>
</tbody>
</table>
<div>  </div>
<div>Investors paid $2.49 billion in land tax during the current 2014-15 fiscal period, up from $2.33 billion in 2013-14. </div>
<div> </div>
<div>The benchmark tax base is the average of the last three years unimproved land value of all land owned, on 31 December of the previous year, that is above the indexed threshold for that year (as defined in the Land Tax Management Act 1956), excluding land used for owner-occupied residences, or by the Commonwealth or NSW Governments.</div>
<div> </div>
<div>The benchmark tax rate for the 2015 land tax year is $100 plus 1.6 per cent of the land value between the thresholds of $432,000 and $2,641,000, and 2 per cent thereafter.</div>
<div> </div>
<div>The government's lesser known property tax, the inner city parking space levy revenue will rise 2.3% over the period, grossing $105 million this year.   </div>
<div> </div>
<div>The recent strength in the Sydney property boom was being especially driven by properties <a href="/expert-insights/less-revenue-growth-ahead-but-nsw-state-budget-benefits-from-7-29-billion-stamp-duty-bonanza">valued over $1.2 million, the NSW State Budget revealed</a>, but the housing boom longevity is not being assumed by the NSW Treasury.</div>
<div>
No change to NSW first home buyer grants in the state budget <a href="/expert-insights/no-nsw-state-budget-first-home-grant-changes-so-5000-january-2016-reduction-deadline-looms">could intensify activity before the grant's 1 January 2016 reduction</a>. 
</div>
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NSW land tax revenue % increases to outdo stamp duty revenue growth

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Toorak topped the past week's sales, according to CoreLogic RP Data, but didn't have any further entries on the top 10.
It was a four bedroom 1890's Victorian residence, set between Toorak and Hawksburn Villages, on a 1173 sqm block with a return drive. There was a tessellated verandah, and is arched entrance hall leads to a formal sitting room with open fireplace and a formal dining room (pictured above).
It last sold at $278,000 in 1982. 
Melbourne homes narrowly dominated the list. 
41 Mathoura Road, Toorak, VIC, 3142, four-bedroom house, sold at auction on June 20 by Marshall White Armadale for $5.73 million
23 Finch Street, Malvern East, VIC, 3145, five-bedroom house, sold at auction on June 20 by Marshall White Armadale for $4.53 million
8A/13 Thornton Street, Darling Point, NSW, 2027, three-bedroom unit, sold at auction on June 16 by BradfieldCleary/Laing + Simmons for $3.68 million
47 Erica Avenue, Glen Iris, VIC, 3146, four-bedroom house, sold at auction on June 20 by Gary Peer &amp; Associates Caulfield North for $3.65 million
11 Bristol Street, Surrey Hills, VIC, 3127, four-bedroom house, sold at auction on June 20 by Jellis Craig Real Estate Hawthorn for $3.58 million 
13 Kerferd Street, Malvern East, VIC, 3145, four-bedroom house, sold at auction on June 20 by Marshall White Armadale for $3.55 million
11 Fernhurst Drive, Glen Waverley, VIC, 3150, five-bedroom house, sold at auction on June 20 by Ray White Glen Waverley for $3.45 million
1C Tara Street, Woollahra, NSW, 2025, four-bedroom house, sold on June 16 by BradfieldCleary Double Bay for $3.3 million
17 Carnarvon Avenue, Glenhaven, NSW, 2156, six-bedroom house, sold on June 17 by Louis Carr Real Estate Glenhaven Castle Hill for $3.2 million
391 Bronte Road, Bronte, NSW, 2024, three-bedroom house, sold on June 16 by McGrath Estate Agents for $3.15 million.
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Toorak 1890s home tops weekly sales

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Commentary on the affordability issue has become so twisted that media is quoting Sydney’s median house price as a relevant topic.
We recently had the Australian Financial Review, which should know better, writing about the level of income needed by a first-home buyer to afford the median Sydney dwelling, as well as the median-priced dwelling in the other capital cities.
My question is: how is this in any way relevant to the issue of affordability?
First-home buyers don’t buy at the median price, not in Sydney, nor in Melbourne, nor anywhere else in Australia. First-home buyers buy below the median, indeed well below it. Always have done – and, I dare say, always will.
The median price for dwellings in the major cities at the moment are $750,000 in Sydney, $570,000 in Melbourne, $465,000 in Brisbane and $510,000 in Perth. According to CoreLogic RP Data, the median across the eight state and territory capital cities is $570,000.
But the average first-home-buyer loan at present is $334,800, according to the latest figures from the Australian Bureau of Statistics. Assuming the typical first-timer has a 10% deposit, this means the median dwelling price for a first-home buyer is around $370,000.
Given that 25% of all residential sales are being made to first-time buyers, there’s are a lot of novice buyers out there acquiring properties at the lower end of the market. In the past year, around 120,000 Australians have made a first-time purchase.
Those numbers are relevant to the discussion. The median price in our most expensive city is not.
The Real Estate Institute of Western Australia published some numbers this week that also have some relevance to the topic. Good to see those people putting out material that’s actually useful to a sensible debate, unlike some of their recent talk-down-the-market nonsense.
REIWA president David Airey said, quite rightly, that it was important not to use the median price as the guide for the costs of getting into the market for first-home buyers and others.
Airey said the median was the middle point in the market and that half of all sales were under it. This means buyers don’t need to be able to afford the median-priced dwelling to enter the market.
I think it’s sad that anyone needs to make this point, which is so obvious it should be a given in the debate. But the media coverage of the issue has become so irrational that industry people have to go back to kindergarten levels to try inject some balance.
“It’s also important to recognise that first-home buyers, in particular, usually purchase homes well under the median price, with Office of State Revenue data for May showing the median point for entry-level buyers being $450,000 in Perth and $366,000 in the WA regions,” Airey said.
“Even the median purchase price for first-home buyers means that half of all entry-level buyers are paying under these city and country median prices for their demographic.”
Airey said it was more useful for first-home buyers to look at the lower quartile, or bottom 25%, of the more affordable homes in an area to get a better perspective of what was available at more accessible prices.
REIWA data for the year to March shows that the south-east sub-region of Perth through Gosnells, Armadale and Serpentine-Jarrahdale had the most affordable lower quartile, with  houses selling around $370,000. 
Apartments and land were most affordable in the south-west sub-region through Cockburn, Kwinana and Rockingham.
Airey said even within the various sub-regions around Perth there were individual suburbs which were under the lower quartile for their local area.
“For example, the central sub-region has a lower quartile of $550,000, but it’s possible to find houses in Balga priced at around $385,000.
“Similarly, while the median price for units in the south-west sub-region is $277,000, you can find them in Orelia at around $196,000.”
Airey said that buyers should not be put off by the median price for a region or suburb, and look to the lower quartile for opportunities in areas they might initially think are out of their price range based on the overall median.
So true, so bleeding obvious and so sad that anyone needs to stand up and say it. 
 
TERRY RYDER is the founder of <a href="https://www.hotspotting.com.au/" target="_blank">hotspotting.com.au</a>. You can <a href="https://mailto:ryder@hotspotting.com.au" target="_blank">email him</a> or follow him on <a href="https://twitter.com/hotspotting" target="_blank">Twitter.</a> 
Terry was recently joined by Property Observer editor at large Jonathan Chancellor for a webinar on why research is the key to successful property investing in 2015. You can download slides and audio from the webinar here.
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terryryder-YECXbqmri2

Just stand up and say it: Terry Ryder

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Rent.com.au has listed on the Australia Securities Exchange after a backdoor takeover of former copper, gold and nickel explorer Select Exploration.
Rent.com.au has raised $5 million in new equity, at 20¢ a share. In opening morning trade it was at 21 cents.
The site, which markets itself as the home for rentals, claims about 80% of national real estate agent rental listings.
</div>
<div class="cq-article-content-media section">Its chief executive Mark Woschnak hopes the big opportunity will the non-agent diy market, which he said represented 46 per cent of all rentals.</div>
<div class="cq-article-content-paras section">
There will be 88 million shares on issue, with the newly raised capital representing 28.4% of Rent.com.au. 
Since 2007 the company has invested more than $10 million in developing technology, content and alliances, according to The Australian Financial Review.
The website received about 230,000 unique visitors a month, with its intention to expand into Asia.
</div>
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The rental property market in Australia: 
30% of Australia’s population (7 million people) rent; 
primarily key 18-35 demographic; 
Over 2.6 million rental properties in Australia; 
1.4 million properties managed by ~10,000 property agencies; 
1.2 million properties self-managed by ~1 million non-agent landlords;
Average lease turnover is ˂12 months;
3 million annual rental transactions represents 5x the number of home sales;
44% of real estate agency revenue is derived from property management;
Over 50% of all rental advertising is offline; non-agent landlords traditionally advertise in print media and other offline sources.
Rent.com.au is currently a top 10 national property website with 55,000 active property listings and 6,000 national property rental agencies registered.
Around 50% of traffic is now via mobile or tablet.
The RNT website is targeting one million renters to its site within five years, with transactions between $15 and $40 per service.
Its rental pricing notes $219 for a three day newspaper run vs $99 for a 4 week rent.com.au listen saying rent.com.au offers a unique audience: as 45% of its traffic does not go to realestate.com.au and 60% does not go to domain.com.au.
A third of Australians are currently renting property, but a new Nielsen report from Domain.com.au has revealed that the Northern Territory has the highest percentage of renters in the country (43%), followed by Queensland (37%).  While the Sydney and Melbourne property markets are the most talked about in the country, the percentage of people renting in the states is significantly lower, with more renters in NSW (33%) than in Victoria (28%).
Tasmania has the lowest percentage of renters in the country with only a fifth (20%) of the state currently renting.  The Domain data suggests that renting is a temporary, transitory experience, highlighted by 47% of Australians having lived in their current rental property for less than two years.
Only 27% of Australians have been in their rental property for more than five years. 
Percentage of renters, by state: 
 
<ul dir="ltr">
<li>33% of ACT residents over 18 are renting</li>
<li>27% of West Australian residents over 18 are renting</li>
<li>27% of South Australian residents over 18 are renting</li>
<li>43% of Northern Territory residents over 18 are renting</li>
<li>36% of Queensland residents over 18 are renting </li>
<li>20% of Tasmanian residents over 18 are renting </li>
<li>33% of New South Wales residents over 18 are renting </li>
<li>28% of Victorian residents over 18 are renting</li>
</ul>
 
</div>
</div>
</div>
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Rent.com.au lists on ASX

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Over the March 2015 quarter, 9.1% of all homes recorded a gross loss when resold, and when compared to their previous purchase price, according to CoreLogic RP Data.
This figure was slightly higher than the 8.6% recorded at the end of 2014, but lower than the 9.6% over the same quarter last year. 
There was an average loss of $69,468. 
But while 9.1% of resales were transacted at a loss, 90.9% of properties resold over the quarter sold at a profit.
CoreLogic RP Data's Cameron Kusher noted that 30.7% of homes resold for more than double their previous purchase price. 
"Across those homes which sold at a profit, the total value of this profit was recorded at $13.8 billion with the average gross profit recorded at $230,633." 
The lowest proportions of loss making resales are currently found in: Sydney (2.4%), Melbourne (6.2%), Perth (6.7%) the regional NSW (8.6%). 
The highest proportions of loss making resales were recorded in: Regional WA (21.0%), Regional Qld (20.9%), Regional TAS (19.8%) and Regional SA (17.0%). 
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Across the country, those homes that resold at a loss had an average length of ownership of 6.0 years. 
Across all sales recording a gross profit the average length of ownership was recorded at 10.0 years, while homes which sold for more than double their previous purchase price were owned for an average of 16.8 years. 
According to Mr Kusher, the data also highlights the fact that ownership of property, whether for investment or owner occupier purposes should be seen as a long-term investment. 
</div>
</div>
</div>
</div>
CoreLogic RP Data's quarterly Pain &amp; Gain report, highlighted regions where properties sold for less than their initial purchase price.
Leading the results for the largest proportion of loss-making re-sales is unit dwellings within lifestyle markets. 
According to research analyst Cameron Kusher, an interesting trend to emerge throughout each of the capital city housing markets is that the proportion of loss-making resales is now lower than each of their recent post financial crisis peaks. 
<ul>
<li>
Sydney, Melbourne, Brisbane, Hobart &amp; Canberra recorded the lowest proportion of loss-making resales while in the remaining capital cities the proportion of losses is trending higher. 
</li>
<li>
Across Perth and Darwin, the results show a rapid lift in the proportion of loss-making resales over recent months. This is mirroring broader housing market conditions where value growth has stalled, listings are rising, sales are falling and rental rates are reducing. 
</li>
<li>
For the regional areas of the country, the proportion of loss-making resales is higher than those within the capital cities with resales trending lower in Regional NSW, Regional SA and Regional TAS, is relatively flat in Regional Vic and Regional Qld and trending higher in Regional WA and Regional NT.
</li>
</ul>
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Average $69,000 loss when 9% sold property in 2015 March quarter

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The NSW government - sitting on stamp duties that have almost doubled since taking office - will continue to reap the revenues until any correction.
The state budget didn't raise or lower property taxes, with spending on infrastructure the priority.
It noted the recent strength in the Sydney property boom was being especially driven by properties valued over $1.2 million, the NSW State Budget revealed, though the housing boom longevity is not being assumed by the NSW Treasury.
"The $1.2 million plus market accounted for only a relatively small proportion of properties, but made a large contribution to the growth in revenue," the budget papers advised.
The New South Wales budget was released at midday on Tuesday, with much information pre-released. 
The State Government revealed it is on track to deliver a record $2.1 billion surplus this financial year, instead of the deficit predicted in last year's budget.
The Government's improved financial bottom line is largely due to the stamp duty windfall in stamp duty, due to the Sydney housing boom.
The booming Sydney property market secured a record $7.29 billion revenue in stamp duty, up from $6 billion in 2013-14.
Revenue is tipped to rise to $7.8 billion in 2015-16, and to $8.6 billion by 2018-19.
Turbocharging Treasurer Gladys Berejiklian's first state budget, the tally, which includes residential and commercial property transactions, is $1.29 billion higher than forecast.
But the budget papers indicated residential stamp duty growth was expected to moderate to 11.8% in 2015-16 following growth rates of 21% in 2012-13; 39% in 2013-14 and an estimated 20% spurt in 2014-15.
"Transfer duty is a large and highly cyclical revenue source which is inherently volatile and can be subject to sharp corrections.
"Growth in transfer duty is now more narrowly based than at the beginning of the cycle."
It noted a number of atypical factors had extended the current cycle including  low interest rates, population growth and investor demand.
"Recent moves by APRA may also see a slowdown in activity," the budget papers advised.  
Figures from the Office of State Revenue showed that, by May, the Government had secured its budgeted figure of $6 billion in land transfer duties, two months ahead of the end of the financial year.
NSW has not adjusted its stamp duty rates for 31 years.
Transfer duty represents 28% of state government revenue. Land tax represents 10% 
Premier Mike Baird said increasing housing supply was the most effective action state governments could take on housing affordability, with plans that some of the extra revenue from stamp duty injected into the Housing Acceleration Fund to speed up the delivery of more housing and put downward pressure on home prices.
It will also establish a Greater Sydney Commission, tasked with ensuring targets for the construction of new homes are met.
No change to NSW first home buyer grants in the state budget <a href="/expert-insights/no-nsw-state-budget-first-home-grant-changes-so-5000-january-2016-reduction-deadline-looms">could intensify activity before the grant's 1 January 2016 reduction</a>. 
NSW land tax revenues are forecast to rise at a faster rate than stamp duty revenues, <a href="/expert-insights/nsw-land-tax-revenue-increases-to-outdo-stamp-duty-revenue-growth">according to the NSW state budget papers</a>.
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Less revenue growth ahead but NSW State Budget benefits from $7.29 billion stamp duty bonanza

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The Armadale home of former Liberal Party federal president and state treasurer Alan Stockdale has secured the sale of his Armadale abode.
It had been passed in at $3,525,000 last month after interest fell well short of its $3.95 million reserve price.
Marshall White selling agent Marcus Chiminello also had the warehouse home of the Liberal Party heavyweight and his wife Dominique Fisher up for sale last December.
The property occupies a 410-square-metre block and includes two dwellings separated by a courtyard.
The main two-storey home is a former postcard factory, developed around 1900. It has been reconfigured to offer four bedrooms, a study and two living zones opening to the paved outdoor area.
Across the yard is a single-storey self-contained unit with two bedrooms.
Stockdale was Treasurer for seven years in Jeff Kennett's government, from 1992 to 1999, and is credited with rebuilding Victoria's finances following a crash in the economy.
 <img src="https://images.moneymanager.com.au/2014/11/28/6036938/Article%20Lead%20-%20wide6350666911t813image.related.articleLeadwide.729x410.11t625.png1417131476630.jpg-620x349.jpg" alt="Ritzy: 17a Auburn Grove, Armadale is a stone's throw from the High Street shopping strip." style="line-height: 1.3em;">
<div class="cT-imageLandscape">
 Stockdale paid $2 million in 2008.
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Alan Stockdale finally sells his Armadale home

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Channel Seven's renovation program House Rules holiday home giveaway is at Toogoom. The near beachfront block cost the television network $275,000 late last year, the highest price paid for a vacant block at the Fraser Coast location in the past 18 months. 
<a href="https://www.realestate.com.au/property-residential+land-qld-toogoom-200471835" target="_blank">The block</a> at 14 Sea Beach Way had been for sale at $292,000 since early 2013.
 <img src="/images/2015/06/22/front.jpg" alt="">
The now renovated Queenslander on a 660 square metre block in Toogoom will be <a href="https://au.tv.yahoo.com/house-rules/panadol/" target="_blank">the prize for a viewer</a>. Houses in the locality have sold for as high as $567,500 in recent months.
 
<img src="/images/2015/06/22/autv_hr3_p3_before_frontdeck_1ao4rn8-1ao4rni.jpg" alt="">
<h2 class="module-header-heading">HOLIDAY HOUSE RULES</h2>
<div id="y7module55877ee85753f" class="simpleimage">
<div class="simpleimage-figure-wrap"><img src="https://s.yimg.com/dh/ap/default/150617/HR3_Phase3_HouseRules.jpg"></div>
</div>
 
The Fraser Coast locality is in the reality television  spotlight, with the show's host Johanna Griggs saying the coast's natural beauty and easy-going attitude swayed the producers to shoot in the area. CoreLogic RP Data put the <a href="/news">median house price at $305,000</a>, well down on the $395,000 peak in 2008.
 <img src="/images/2015/06/22/autv_hr3_p3_before_entry_1ao4rkn-1ao4rl1.jpg" alt="">
The classic Queenslander house was trucked from the Sunshine Coast to the property in Toogoom, with the show's contestants given a week to renovate it.
The production team and contestants spent 10 days in the area, helped by Fraser Coast businesses and labour.
 
<div class="_6l- __c_">
<div class="uiScaledImageContainer _6m5 fbStoryAttachmentImage"><img class="scaledImageFitWidth img" src="https://fbexternal-a.akamaihd.net/safe_image.php?d=AQAYgZiXrBtjCsha&amp;w=470&amp;h=246&amp;url=https%3A%2F%2Fscontent.xx.fbcdn.net%2Fhphotos-xpa1%2Fv%2Ft1.0-9%2F10941858_891496577552310_6813456587451349728_n.jpg%3Foh%3D27fd05eea005580799c3225dfb6981c9%26oe%3D55EBF48E&amp;cfs=1&amp;upscale=1" alt="" width="470" height="246"></div>
</div>
The house, given an estimated worth of more than $800,000, will be up for grabs for viewers who enter the show's nightly competition held with Panadol Rapid sponsorship. The house comes with an official estimated $725,000 value with another $75,000 attributed to its contents.
<img src="/images/2015/06/23/houseRules_panadol_header_v7.jpg" alt="" style="line-height: 1.3em;">
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House Rules holiday home prize at Toogoom, Hervey Bay

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South Australia is moving to abolish stamp duty on commercial property sales over the next the three years.
Treasurer Tom Koutsantonis said he was deliberately seeking to stimulate the business sector in the state with the highest unemployment in the nation. 
The scrapping of stamp duty on the 6,000 commercial and industrial property transfers that happen annually in South Australia will cost the government about $389 million over the three years from July 1, 2016. 
The first stage is a one-third cut in stamp duty in mid-2016. 
The Weatherill government has thrown down an unexpected tax reform challenge to other states as it phases out stamp duty on commercial property transactions.
It does not apply to farms.
By 2018-19, the state will have stripped a $48,830 duty from a $1 million South Australian commercial deal.
It will save $543,830 after a $10 million acquisition or a $2,589,915 million cost on a $10 million transaction.
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<div class="cq-article-content-media section">But stamp duty expert, Joanne Seve, told the Australian Financial Review other mainland states were unlikely to follow as the cost of abolishing stamp duty on non-residential, non-primary production commercial property transfers would be at a much greater cost and likely require a replacement source of revenue.</div>
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