Melbourne developer <a href="https://www.apartments.com.au/developers/pdg-corporation">PDG</a> has unveiled its vision for the former Water Tank Site in Ivanhoe, which would see it transformed into a thriving residential neighbourhood, complete with a 2000 sqm public park.&nbsp;

Delivered in partnership with <a href="https://www.apartments.com.au/developers/development-victoria">Development Victoria</a>, the proposal would transform the prominent corner of Bell Street and Upper Heidelberg Road into a connected community comprising two residential buildings, generous public open space and shared amenities.&nbsp;

The vision includes 287 one, two and three-bedroom apartments, with a minimum of 10 per cent allocated to affordable housing, alongside a 2,000-square-metre publicly accessible park featuring a children's playground, activity lawn, indigenous planting, timber climbing logs, seating areas and a rock gathering circle.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/dko-architecture">DKO Architecture</a>, the proposal draws on the site's industrial heritage, using a robust architectural language that references the former water tank through expressive structural elements and durable, self-finished materials.&nbsp;

Extensive landscaping has been woven throughout the development, creating a living landscape that strengthens connections to nature while responding sensitively to the surrounding neighbourhood. Two residential buildings ranging from three to 12 storeys are linked by a landscaped forecourt, creating a welcoming arrival experience and improving pedestrian connections through the site.&nbsp;

Residents would also enjoy more than 1,000 square metres of communal open space, including barbecue and dining facilities, vegetable gardens, landscaped seating pavilions and a dedicated coworking space.&nbsp;

PDG Founder and Managing Director Vince Giuliano said the vision reflected an opportunity to transform one of Ivanhoe's most recognisable sites into a place that balanced housing, community and landscape.&nbsp;

"This is an opportunity to reimagine an important site and create a neighbourhood that delivers lasting benefits for Ivanhoe," Giuliano said.&nbsp;

"We're creating much more than new homes. The vision brings together affordable housing, quality architecture, meaningful public open space and shared places that encourage people to connect, while respecting the site's history and its place within the local community."&nbsp;

Development Victoria’s Executive General Manager Precincts, Niall Cunningham, said the application is an important step for the government-owned site.&nbsp;

“This is about delivering more homes in a well-connected location, along with public open space that the Ivanhoe community will benefit from for years to come,” Cunningham said.&nbsp;

PDG was selected as development partner in late 2025 following a competitive tender process.&nbsp;

A planning submission for the project is currently being progressed through the Victorian Government's Development Facilitation Program, with positive early engagement from both Banyule Council and the Department of Transport and Planning.

Joel Robinson

PDG unveils plans to transform landmark Ivanhoe Water Tank Site

Shane Wilkinson's <a href="https://www.apartments.com.au/developers/pace-development-group">Pace Development Group</a> has lodged plans for a major residential precinct on the former Presentation College site in Windsor, with an eight-building masterplan ultimately rising to 10 storeys.

The proposal at <a href="https://www.apartments.com.au/new-apartments/167-dandenong-road-windsor-vic-3181">167–187 Dandenong Road</a> spans a substantial 19,027 sqm site and is being progressed across six stages, with the first residential stages comprising 170 homes across four buildings designed by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>.

Stage Two will deliver the bulk of the initial housing, with Building A comprising 81 apartments and Building B 49 apartments, both rising to six storeys.

Stage Three will deliver a further 40 homes. The heritage Nagel Building, identified as Building C, will be converted to 12 dwellings, while a new five-storey Building D will comprise 28 apartments at the Hornby Street and Dandenong Road corner.

The 170 homes across Stages Two and Three will include a mix of one, two and three-bedroom apartments, including townhouse-style dwellings.<img alt="First look: Pace plans landscaped housing precinct on former Windsor school site" data-entity-type="file" data-entity-uuid="83c56e3e-dfb9-4e12-b172-c3f18513ec32" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_9.png?VersionId=xRcRpSZsxX.UX_NDDGcRZktw7HVrzx7u" />

&nbsp;

The longer-term masterplan points to considerably greater density across the site.

Indicative plans show Building E accommodating around 80 dwellings across up to 10 storeys, while Building F is earmarked for around 120 dwellings and also up to 10 storeys. Building G is planned to range between four and 10 storeys, however its apartment yield is yet to be determined. That means the masterplan currently identifies at least 370 dwellings across Buildings A to F before any apartments within Building G are counted.

Across the 1.9-hectare site, that represents an indicative density of at least 194 dwellings per hectare, with the final figure to increase once the yield of Building G is established.

Pace is pursuing the project through the Victorian Government's Development Facilitation Program, with Urbis lodging a combined Section 96A planning scheme amendment and planning application on behalf of the developer, which secured the site earlier this year.

The application seeks detailed approval for Stages One, Two and Three, alongside approval of the broader masterplan framework that will guide the later residential stages. Stage One will see an existing heritage building adaptively reused for a wellness and fitness-related facility, while the broader precinct will retain several significant heritage buildings and established trees as part of the redevelopment.

A minimum 10 per cent affordable housing contribution is proposed across both the initial residential stages and the later masterplan stages, delivered through a discounted rental model.

The project comes immediately after a major change to the site's planning controls.

The site was rezoned to the Housing Choice and Transport Zone through Planning Scheme Amendment GC285, gazetted on July 22, 2026, and now sits within the inner catchment of the Windsor Station precinct under the State Government's Train and Tram Zone Activity Centres Program.

While the new controls identify large sites within the inner catchment for buildings of up to six storeys, Pace's masterplan pushes height to 10 storeys in parts of the site, with the taller buildings concentrated toward the centre and along the Sandringham railway corridor.

Lower-scale built form is proposed toward the site's more sensitive residential and heritage edges, with Buildings A and B generally stepping from three storeys at their interfaces to six storeys at upper levels.

Cera Stribley's masterplan breaks the development into a collection of separate buildings rather than a continuous built form, with landscaped spaces, new pedestrian links and a new publicly accessible road forming part of the precinct.

The planning report says the development will create new pedestrian connections to Elm Place and along the railway corridor, as well as a new publicly accessible road linking Elm Place with Dandenong Road. The proposed buildings will occupy around 54 per cent of the site, leaving a substantial portion available for landscaping, communal areas and permeable surfaces.

Urbis said the scale of the project reflected the site's strategic location close to Windsor Station, tram services and the Chapel Street Activity Centre, with the former school campus identified as a significant opportunity to increase housing supply on an underutilised inner-Melbourne site.

&nbsp;

First look: Pace plans landscaped housing precinct on former Windsor school site

<a href="https://www.apartments.com.au/developers/jl-place">JL PLACE</a>'s Veil Brighton is approaching its final months of construction, with the nine-townhouse development at 17 Rooding Street expected to complete in December 2026.

The milestone is bringing the boutique project closer to becoming a finished part of the <a href="https://www.apartments.com.au/developments/brighton-vic-3186">Brighton</a> streetscape, with much of Brighton's everyday amenity within a short walk.

Palace Cinema, Coles Supermarket and North Brighton Station are all around five minutes on foot from <a href="https://www.apartments.com.au/new-townhouses/veil-brighton-17-rooding-street-brighton-vic-3186">Veil</a>, alongside numerous cafés, restaurants and bars. The station provides a direct rail connection toward Melbourne's CBD, while Bay Street and the wider Brighton retail and dining network add to the range of services accessible without relying on a car for every trip.

"The location was fundamental to the project. Brighton is an established suburb where many buyers already have strong connections to the area and want to remain close to the people, places and amenities that form part of their everyday life," the developer said.

"Veil sits in a highly walkable part of Brighton, with a Walk Score of 90/100."

For buyers looking to right-size within Bayside, that level of walkability adds to the appeal of a more manageable way of living. Everyday shopping, dining, entertainment and public transport can be accessed without relying on the car for every trip, while residents remain connected to the places and routines that make Brighton familiar. It allows buyers to simplify day-to-day life without giving up the convenience, amenity and connections they already value.

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As completion approaches, the architecture, landscaping and material palette are progressively becoming visible on site, giving prospective purchasers a clearer view of the finished development beyond its plans and renders.

Veil comprises nine townhouses, predominantly three-bedroom homes with between 2.5 and 3.5 bathrooms, two car spaces and, depending on the residence, study areas and private outdoor space. Selected homes include a bedroom on the ground floor.

Veil occupies a middle ground between detached housing and apartment living, retaining private gardens, storage and secure parking within a more manageable residential format.

<a href="https://www.apartments.com.au/architects/schmidt-pang-architects">Schmidt &amp; Pang</a> designed the architecture around natural light, ventilation, privacy and practical use of space. From Rooding Street, the façade has been composed to read as a cohesive residential building rather than nine individual townhouses, with landscaping by <a href="https://www.apartments.com.au/landscape-architect/john-patrick-landscape-architects">John Patrick Landscape Architects</a> integrated throughout the site.

Inside, natural stone, oak flooring, integrated joinery and brushed nickel finishes establish a restrained material palette, while kitchens include Miele appliances and substantial storage such as pantries. Walk-in robes and dedicated study spaces have also been incorporated across the collection.

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The project team said the planning of the homes has been informed by how the spaces function for both daily routines and larger gatherings.

"Our new homes owners at Veil have enjoyed the attention to detail in creating efficient layouts that use every space well. Hosting Christmas lunch and large family gatherings is an ease when care is taken to consider how people really live and entertain."

Private landscaped gardens extend the living spaces outdoors, while secure basement parking and bicycle parking are provided below. The homes have also been designed to achieve a 7-star energy rating, supported by double glazing, high-quality insulation, natural ventilation, LED lighting, water tanks and water-efficient fittings. Each residence is backed by a 10-year building guarantee.

Veil is being built by <a href="https://www.apartments.com.au/builders/jeniton">Jeniton</a>.&nbsp;Limited-time stamp duty savings are also currently available on selected purchases at Veil, adding another consideration as the project moves toward completion.

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Veil Brighton nears completion in one of the suburb's most walkable pockets

<a href="https://www.apartments.com.au/developers/mosaic-property-group">Mosaic Property Group</a> has recorded 134 sales worth just over $400 million in two months of pre-release activity at The Riversdale, as the developer brings its $750 million South Brisbane riverfront project to the broader market.

The sales represent more than 60 per cent of the project's 213 apartments, with Mosaic reporting the majority of purchasers have been local owner-occupiers and downsizers.

<a href="https://www.apartments.com.au/new-apartments/the-riversdale-by-mosaic-south-brisbane-91-montague-road-south-brisbane-qld-4101">The Riversdale</a> will rise 39 storeys from its north-facing site at 91 Montague Road, delivering a mix of two, three and four-bedroom apartments alongside a collection of Mosaic's premium Masterpiece Series Sky Homes.

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The early buyer response comes ahead of the wider evolution of the northern end of Montague Road, where The Riversdale will be one of the first major residential projects delivered within an emerging riverfront precinct.

Directly adjoining the development is a planned 7.1-hectare mixed-use precinct, set to introduce new residences, parkland and public realm along the river's edge. The Riversdale's position directly on the Brisbane River gives it a relationship with the waterfront that Mosaic says cannot be replicated by future buildings within the precinct.

The site is also the result of a years-long pursuit by Mosaic. The developer first earmarked the <a href="https://www.apartments.com.au/developments/south-brisbane-qld-4101">South Brisbane</a> property in 2018, reflecting what Founder and Managing Director Brook Monahan has described as a deliberately patient approach to acquiring development sites.

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"We aren't opportunistic," Monahan previously told Apartments.com.au.

"Every site purchase is carefully considered. As seen with Kangaroo Point and South Brisbane, it can take years to eventuate. There are sites we're looking at now that we may not secure for several years."

Designed in collaboration with <a href="https://www.apartments.com.au/architects/bureauproberts">Bureau Proberts</a>, The Riversdale has been shaped around the qualities of the riverfront site, with apartments oriented to capture northern light and uninterrupted Brisbane River views.

Generous floorplans and expansive balconies extend the living spaces towards the river, while natural materials and a restrained interior palette have been selected with longevity in mind.

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Residents will have access to a level of amenity more commonly associated with world-class hotels and private members' clubs, with almost 3,000 sqm dedicated to wellness, connection, recreation and everyday convenience.

At ground level is a business lounge, private meeting rooms and dedicated workspaces. Mid-tower is a wellness sanctuary featuring magnesium hot and cold plunge pools, sauna, steam room, infrared therapy facilities, a Pilates and yoga studio, and a commercial-grade gymnasium.

Crowning The Riversdale is a rooftop featuring a 35-metre swimming pool with lap lane and spa, outdoor dining and seating terraces, firepit lounges and views of the city, river and Mount Coot-tha.

A private members' club-inspired retreat offers private dining rooms, a whisky lounge, media rooms and immersive entertainment experiences. Completing the amenity offering are two hotel-style guest suites and a resident-exclusive electric vehicle fleet and car-share program.

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The Riversdale sits at the northern end of Montague Road between South Bank and West End, around 1.3 kilometres from the Brisbane CBD, providing access to the city's major cultural, dining and recreation precincts.

It becomes Mosaic's largest Brisbane project to date and adds to a pipeline already under construction across the city.

In Brisbane, the developer is currently delivering The Bedford and The Carter at Kangaroo Point, both of which are approaching sell-out, with a further four projects being delivered on the Gold Coast. Mosaic has completed more than $2 billion in projects since 2012 and has a further development pipeline exceeding $2 billion across South East Queensland.

Early works are underway at The Riversdale, which will be delivered by Mosaic's in-house construction division. Completion is anticipated in late 2029, with remaining apartments priced from $1.98 million.

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Mosaic records more than $400m in two months at South Brisbane's The Riversdale

Lender, fund manager and apartment developer Princeton has completed <a href="https://www.apartments.com.au/buildings/marque-rockdale-602-608-princes-highway-rockdale-nsw-2216">Marque Rockdale</a>, the first new apartment development in South Sydney to provide its owners with a 10-year Latent Defects Insurance policy, the most comprehensive insurance available for a new apartment building.

The policy has been a key consideration for prospective purchasers of the 58 one-, two-, and three-bedroom apartments, strategically located between&nbsp;Rockdale Plaza and Rockdale Station.&nbsp;

Buyers have also been drawn to the fact that it is one of few new apartment developments delivered in the suburb in the last 10 years, and the only one located on Princes Highway to be set well back from the street to reduce noise. There's also a communal rooftop, a rarity in the suburb, complete barbecue facilities, landscaped seating areas, a children's play zone and herb gardens.

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Ray White Projects’ Matt Otway said buyer enquiry reflected the increasingly diverse and cosmopolitan population that has made Rockdale home.

“We’re seeing strong interest from a broad mix of buyers, including young professionals and people who have rented in Rockdale and the surrounding suburbs and now see Marque as an opportunity to buy a brand-new apartment in an area they already know,” Otway said.

“Proximity to the CBD and Sydney Airport is another key advantage particularly for buyers working in these locations who want the added convenience of living close by.”

Investors have also been attracted to the project, with rental yields of more than five per cent, which is considered a strong result for the Sydney market.

[smartcode_project:default project_id=136442 project_image_fid=374090]

Adding another layer to the buyer proposition is Marque's 10-year Latent Defects Insurance policy from Resilience Insurance, making it the only new apartment development in Rockdale to offer the cover.

The policy protects apartment owners against major structural and waterproofing defects for 10 years following completion, giving Marque purchasers cover until early 2036 at no additional cost.

The likelihood of defects emerging has also been mitigated through the Technical Inspection Service (TIS), which saw independent experts inspect the building at various stages throughout construction to identify potential issues during the build, rather than after the fact.

SDSS, which provided the TIS, consistently ranked the construction quality at Marque, undertaken by iCIRT-rated builder Coplex, among the best across its extensive portfolio of projects.

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Otway said the LDI had become a major drawcard for buyers, particularly given Rockdale has seen relatively little new apartment development over the past decade.

"Rockdale hasn't had a lot of new apartment buildings in the last decade, and has never had a project with 10-year defect insurance," Otway said.

"Marque presents a truly rare opportunity at an affordable price point, so well connected to the Sydney CBD."

One-bedroom apartments at Marque start from $735,000.

[smartcode_project_cta:default project_id=136442]

Marque Rockdale completes as South Sydney’s first apartments backed by 10-year defect insurance

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

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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.

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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.

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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.

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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?

For most Australians, buying an apartment is one of the biggest financial decisions they'll ever make

The location, floorplan and price are often the first considerations, but in recent years another question has become increasingly important: who is actually delivering the project?

A series of high-profile builder collapses, construction delays and defect concerns have fundamentally changed how many Victorians approach buying off the plan. The collapse of Porter Davis in 2023, which reportedly left around 1,700 homes unfinished, became one of the most visible examples of the risks that can emerge when a construction company fails. <a href="https://www.equifax.com.au/sites/default/files/lpassets/pdf/Final-Business-Market-Pulse-June-Sector-Deep-Dive-Report-2.pdf">Similar challenges across the broader construction sector</a> have left buyers asking more questions before signing a contract.

As Victoria continues encouraging higher-density housing to address supply shortages, transparency is becoming just as important as location or price.

One tool increasingly entering the conversation is the <a href="https://icirt.com/">Independent Construction Industry Rating Tool (iCIRT)</a>, an independent assessment framework designed to help buyers better understand the developer or builder behind a project. Originally developed by Equifax in consultation with government and industry as part of NSW's Construct NSW reforms, the system has since expanded nationally.

<h2 data-end="1519" data-section-id="7nmx3" data-start="1492">What is an iCIRT rating?</h2>

Most Australians are familiar with independent ratings in everyday life.

We compare ANCAP safety ratings before buying a car. We look at Health Star Ratings in supermarkets. Banks rely on credit assessments when lending money.

Until recently, however, there has been very little independent information available to help apartment buyers assess the business responsible for delivering a residential project.

That gap is what iCIRT was designed to address.

Builders, developers and other construction professionals with an iCIRT rating have demonstrated high-trust characteristics through an independent, evidence-based assessment across six criteria: Character, Capability, Conduct, Capacity, Capital and Counterparties. This involves a rigorous review of financial health, past project track record, and ethical conduct. Crucially, an iCIRT rating could help provide property buyers with confidence that they are working with a professional who has demonstrated the capability, capacity, and willingness to return and rectify issues.

Importantly, iCIRT is not a recommendation to purchase a particular property, nor is it a traditional credit rating. It is an independent assessment framework designed to provide objective information about a construction business using a <a href="https://icirt.com/sites/default/files/2025-08/iCIRT-Methodology-Issue1-May-2021.pdf">published methodology</a>.

The system has been widely adopted in New South Wales, where more than one-third of medium and large residential builders and developers now hold an iCIRT rating, representing over two-thirds of the state's residential building market by value as of 2025/26.

<h2 data-end="3126" data-section-id="h6ohtj" data-start="3084">Why buyers are doing more due diligence</h2>

For many buyers, particularly those purchasing off the plan, the biggest risk isn't whether they'll like the kitchen finishes.

It's whether the project will be delivered on time, to the expected quality, and by a company capable of completing the development.

<a href="https://icirt.com/sites/default/files/2026-07/iCIRT%202025%20Consumer%20Survey%20Report%20v05.pdf">Consumer research commissioned by iCIRT</a> found more than half of respondents believed current protections do not adequately safeguard buyers from builder insolvencies or defective projects. Other research found 88 per cent of prospective buyers would seek independent ratings or due diligence before purchasing, while 90 per cent said trust in construction professionals is essential.

That doesn't mean buyers should rely on a single rating alone.

Independent legal advice, understanding the contract, and seeking financial advice all remain important parts of the due diligence process.

However, an independent assessment can provide another source of information alongside those traditional checks.

<h2 data-end="4138" data-section-id="pquzxc" data-start="4094">Trust is becoming a competitive advantage</h2>

The conversation isn't only changing for buyers.

Developers are also recognising that trust has become an increasingly important part of the sales process.

Five years ago, purchasers typically asked about floorplans, finishes and settlement dates.

Today, sales teams are increasingly being asked about the developer's experience, financial stability, previous projects and construction partners.

For companies with strong governance and established delivery records, an independent iCIRT rating provides another way to demonstrate those credentials before buyers even visit a display suite.

According to Equifax, the assessment can also help businesses drive sales and <a href="https://icirt.com/resources-for-business/icirt-rating-helps-scion-secure-high-value-projects">secure high-value projects</a>, as well as identify operational improvements and <a href="https://icirt.com/resources-for-business/mirvac-reinforces-brand-trust-and-quality-independent-icirt-rating">attract top talent</a>.

<h2 data-end="4962" data-section-id="1j54ng5" data-start="4912">Beyond buyers: lenders are paying attention too</h2>

The influence of independent construction ratings is also extending beyond consumers.

According to Stamford Capital's Real Estate Debt Capital Markets Survey, an increasing number of lenders now incorporate iCIRT ratings into their due diligence processes when assessing residential development finance applications.

The survey found lender adoption has continued to rise, with many respondents saying independent assessments provide additional insight into governance, counterparties and delivery capability beyond traditional financial analysis. Some lenders also reported declining funding applications where businesses had poor or no ratings.

As construction costs remain elevated and access to development finance becomes more selective, demonstrating credibility is becoming increasingly valuable.

<h2 data-end="5801" data-section-id="1qazuxs" data-start="5772">What it means for Victoria</h2>

Victoria's apartment market is entering a new phase.

The state is seeking to accelerate higher-density housing while simultaneously introducing reforms aimed at improving confidence in residential construction.

For buyers, that means there are more tools available than ever before to research the businesses behind a project.

For developers, it signals that transparency is becoming another point of differentiation in an increasingly competitive market.

Buyers are asking more questions than ever before and increasingly expecting independent information, not just marketing material, before making one of the biggest financial commitments of their lives.

Find out how to get iCIRT rated <a href="https://www.icirt.com/sites/default/files/2025-08/iCIRT-Infographic-Assessment-Process-Final.pdf">here</a>.

<hr data-end="6469" data-start="6466" />
The information contained in this article is general in nature and does not constitute personal, financial, legal or tax advice. It does not take into account your personal objectives, financial situation or needs. Therefore, you should consider whether the information is appropriate to your circumstances before acting on it and, where appropriate, seek independent professional advice.

This article contains links to third-party websites. These links are provided for convenience only. Equifax Australia does not control and is not responsible for the content, accuracy or privacy practices of external sites.

Copyright © 2026 Equifax Australia Information Services and Solutions Pty Ltd. All rights reserved.

Buying off-the-plan in Melbourne? How independent iCIRT ratings are set to change Victorian property

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RP Data's Tim Lawless gives his May update on the Australian housing market.
{qtube vid:=klNIY7QcfP0}
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Measured recovery ahead in Australian housing market update May: RP Data Tim Lawless video

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Lady Dorothy Macarthur-Onslow, of Mount Gilead, near Campbelltown in NSW, has died aged 90.
She had left the Gilead farm holding, located 56 kilometres southwest of Sydney, to spend her last days at Lulworth House.
The farm, which totals 180 hectares, has been long mooted as having residential housing subdivision potential. The most recent estimates suggest a yield of 1500 dwellings when combined with an adjoining 34-hectare lot.
Click to enlarge
<a title="Click to enlarge" href="/images/stories/2013/05/gileadmay13one.gif" rel="shadowbox"><img src="/images/stories/2013/05/gileadmay13onethumb.gif"></a>
Lady Macarthur-Onslow was the widow of Denzil Macarthur Onslow, the descendant of wool pioneer John Macarthur who died in 1984, and <a href="https://news.google.com/newspapers?nid=1301&amp;dat=19671029&amp;id=zngpAAAAIBAJ&amp;sjid=mucDAAAAIBAJ&amp;pg=2158,4449244" target="_blank">mother of Lee and Katrina</a>.
Major-General Sir Denzil Macarthur-Onslow's first wife was Elinor Caldwell, a Scot from Lockerbie.
He married again in 1950 to Dorothy Wolseley Conagher, née Scott, a medical practitioner who had been medical superintendent at Parramatta Hospital.
In the 1940s Mount Gilead house was bought and restored by the family who operated a cattle dairy farm. The <a href="https://www.propertyobserver.com.au/https://trove.nla.gov.au/ndp/del/article/16912325" target="_blank">remains of the old windmill on Mount Gilead</a> formed a prominent land mark given the site is 500 feet above sea level. <a href="https://www.powerhousemuseum.com/collection/database/?irn=354672" target="_blank">Its wooden cogs are held in the Powerhouse Museum</a>.
A concept plan illustrating an indicative residential layout for a quality new suburb on the site has been drawn up with its key features being:
Incorporate and maximise the existing landscape and topographical characteristics of the site; Retain existing native vegetation and protect and enhance biodiversity and sensitive habitats Enhance the existing riparian corridors; Protect visually prominent features such as ridgelines; Enhance visual links to distant views, heritage features and open space; Encourage passive surveillance and increase safety; Facilitate sustainable transport and access; Maximise solar access for future lots and sustainable design outcomes; and Provide a legible and walkable neighbourhood.
Click to enlarge
<a title="Click to enlarge" href="/images/stories/2013/05/gileadmay13two.gif" rel="shadowbox"><img src="/images/stories/2013/05/gileadmay13twothumb.gif"></a>
The 2012 Cox Richardson study, with plans featured above by Property Observer, suggested buffers if required to protect the visual curtilage of the Mt Gilead homestead and windmill that  would not impact on the dwelling yield of the proposal given the proposed 700 square metre average lot size and the size of the site.
Mt Gilead Pty Ltd, the owner of the majority of the site, had not received any notices of coal seam gas (CSG) extraction on the land.
Water supply to the site could potentially be drawn from the existing gravity fed water-main owned by United Utilities Australia. The water running through the main is provided by Sydney Water. A connection junction was included in the main on Mt Gilead land at the time the main was constructed. This was paid for by Mt Gilead Pty Ltd in anticipation of future potential development on the Mt Gilead land.
The surrounding locality includes: the low density residential suburbs of Rosemeadow and St Helens Park (including Kilbride Aged Care Facility and Retirement Village) located around one kilometre to the north; the M5 motorway beyond the Mt Gilead Homestead and farm to the west; the Nepean River about 2 kilometres to the west of the Mt Gilead Homestead a number of rural land parcels along the eastern side of Appin Road adjoining the Dharawal State Recreation Area; the Georges River approximately one kilometre to the east of Appin Road, and. the Beulah Estate and rural residential land further to the south.
In 1995 the land, described as the final link between Sydney's southern fringe and the Illawarra, was earmarked for redevelopment by a Canberra company, Landco.
The then Federal MP for Werriwa, Mark Latham, opposed the development noting "every air pollution report has shown that Campbelltown has a particular problem which can only worsen through unrestrained population growth."
Relatives and friends of Lady Macarthur-Onslow attended her funeral at the Northern Suburbs Crematorium, North Ryde, on Friday May 17.
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jchancellor-FAypfDUnLy

Mount Gilead's Lady Macarthur-Onslow dies aged 90

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For those who enjoy the odd drop and have a lazy million dollars at hand, there's six vineyards presently for sale which might fit the bill.
The sample of winery listings currently on sale at realestate.com.au with revealed prices range from the $480,000 mark up to $5.5 million-plus.
Two of the listings have been listed by the wine company, Brown Brothers. They come without price guides.
White Hills (pictured below), situated in the picturesque Tamar Valley in Tasmania just 15 kilometres from Launceston, headlines the available vineyards for sale.
<img src="/images/stories/2013/05/vineyardmay14two.jpg" width="470" height="173" alt="vineyardmay14two">
It is Tasmania’s third largest vineyard and was bought from the timber company Gunns in 2010.

The 82-hectare property currently produces Pinot Noir, Chardonnay, Sauvignon Blanc, Reisling, Pinot Gris and Gewurztraminer.

Also available through Brown Brothers is Whitlands (pictured below) in King Valley, Victoria.
<img src="/images/stories/2013/05/vineyardmay14one.jpg" width="470" height="174" alt="vineyardmay14one">
It is located 40 kilometres from Wangaratta. The vineyard already has 57 hectares planted and producing Pinot Noir, Chardonnay, Sauvignon Blanc, Pinot Grigio and Meunier, with another 30 hectares of the property still available to develop.
Brown Brothers chief executive Ronald Wahlquist has commented that the sales are part of a company restructure after facing a shrinking export market in Europe caused by the high Australian dollar.
Offers are due on the Brown Brothers listings by May 10 with <a target="_blank" href="https://www.wineryforsale.com.au/for-sale/brown-brothers-vineyards">Toby Langley and Stephen Strachan of Gaetjens Langley</a>.

Elsewhere, Colliers International is selling a number of premium vineyards in Krondorf, located in South Australia’s prominent wine region, the Barossa Valley.

<a target="_blank" href="https://rea.colliers.com.au/property-viticulture-sa-krondorf-7536015">The listing is comprised of four lots</a> (pictured below) which can be purchased separately or as a portfolio with offers due with its Colliers agents Tim Altschwager and Jesse Manuel by May 23.
{yoogallery src=[images/stories/2013/05/may14vineyards]}
The St Vincent vineyard is a 20.94 hectare property, with 14.3 hectares of vines, including 9.9 hectares of shiraz vines.

Tschirpig is an 8.67 hectare property with 2.5 hectares of vines, the Augusta Shiraz block is 2.364 hectares with 1.7 hectares of shiraz vines and the Augusta Grenache block has 6.216 hectares with 1.7 hectares of grenache vines.

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Six vineyards for sale that might tempt those fond of the odd drop

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Property Observer took a look at what $100,000 or less got you last month around the nation, with all states except the Northern Territory, Australian Capital Territory and Western Australia offering a bargain during April. 
In <a target="_blank" href="/news">Taree</a>, New South Wales, a three-bedroom, one-bathroom home sold for $71,000.
Located on <a href="https://file://localhost/-%09http/::www.realestate.com.au:property-house-nsw-taree-113445803" target="_blank">Flett Street</a>, the sale was secured by Alister Currie of Wiseberry Taree.
In <a target="_blank" href="/news">St Arnaud</a>, Victoria, a two-bedroom, one-bathroom property sold on April 30 for $86,000.
The <a href="https://www.realestate.com.au/property-house-vic-st+arnaud-113191899" target="_blank">Alma Street property</a> was built in 1940 and sits on a 1,027-square-metre parcel of land.
Graeme Male of Graeme Male Real Estate St Arnuad listed the property.
A three-bedroom, one-bathroom home in Coober Pedy, South Australia, sold on April 11 for $65,000.
Located on <a href="https://www.realestate.com.au/property-house-sa-coober+pedy-106610108" target="_blank">Grey Street</a>, the home sits on 871 square metres.
It is currently tenanted on a fixed term lease for $130 a week.
Monica Nagyszollosi of Raine and Horne <a target="_blank" href="/news">Coober Pedy</a> listed the property.
A two-bedroom, one-bathroom home on <a href="https://www.realestate.com.au/property-house-qld-home+hill-112884903" target="_blank">Ninth Avenue in Home Hill</a>, Queensland, sold on April 23 for $100,000.
Peter Andersen of Andersen Real Estate says the 1,012-square-metre property requires a complete transformation, including a new kitchen, shower and toilet.
Anderson originally listed the home for $130,000.
A three-bedroom, one-bathroom home on <a href="https://www.realestate.com.au/property-house-tas-george+town-112971915" target="_blank">Agnes Street</a> in <a target="_blank" href="/news">George Town</a>, Tasmania, sold for $82,000 on April 5.
Andrew Michieletto of Harcourts East Tamar, George Town, says the property is definitely in need of some cosmetic improvements, however the structure is very solid.
Situtated on a 696-square-metre parcel of land, the 1951-cottage last sold in 2000 for $27,500.
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What $100k or less got you around the nation last month

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With its New York marble a striking feature, a kitchen in the Canberra suburb of O'Malley - designed by Creative Building Services, Archertec Interiors and OFM Direct has won the national HIA 2013 kitchen of the year.
It also won the best kitchen last year in the $25,000-plus category, along with the best Canberra home over $1 million in the 2012 ACT Master Builders and Boral Excellence in Building Awards.
<div><a href="#ixzz2T5VHyFmq"></a></div>
It sits on a 2200-square-metre steep site with northern views over Canberra.
<img width="470" height="269" src="/images/stories/2013/05/hiakitchenmay10one.jpg" alt="hiakitchenmay10one">
<img width="470" height="464" src="/images/stories/2013/05/hiakitchenmay10two.jpg" alt="hiakitchenmay10two">
What the judges said:
The materials in this kitchen were carefully selected to work in with each other, with outstanding results. The visual impact extends to the ceiling with the timber bulkhead above the island bench. The bulkhead is perfectly installed and cleverly contains the rangehood ducting and strip lighting.
<div class="page" title="Page 1">
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<div class="column">
The 2013 HIA Australian Kitchen award, partnered by The Laminex Group, recognises quality workmanship in the manufacture and installation of a single residential kitchen.
</div>
</div>
</div>
The 2013 Australian kitchen of the year finalists were:
Nadin-West Joinery, Hunter
Attard’s Kitchens &amp; Cabinetry Pty Ltd, New South Wales
Artizan Cabinets, North Queensland
All Craft Cabinet Works, Northern Territory
Sublime Architectural Interiors, Queensland
JAG Kitchens, South Australia
KAM Joinery, Tasmania
Individual Design &amp; Construction, Victoria
International Cabinets, Western Australia
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O'Malley, Canberra home wins HIA 2013 kitchen of the year

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Aussie Home Loans has announced deep cuts to its Aussie-branded fixed-rate home loans as well as a 5.15% variable rate offering for new customers in the wake of the RBA cutting the cash rate to 2.75%.
The John Symond-fronted brand has dropped its two-year fixed-rate by 0.40%  to 4.89% p.a and its three-year fixed-rate by 0.30% to 4.99% p.a,  effective today.
The new variable offering will take effect from May 15 - it required a minimum 20% deposit and a loan size bigger than $500,000.
“Competition between lenders for a slice of the home loan pie is getting hotter and rates are certainly far more competitive than they have been for some time. Aussie is throwing down the gauntlet to the major lenders, and I’m confident consumers will find there is nothing lower than our two and three year fixed rates on the market,” says Aussie founder and chairman, John Symond.
“It is a good time to consider fixing your loan if you are someone who wants certainty on repayment amounts month to month, but equally there are some great deals to be found on variable rates too, so there’s definitely a great choice and variety out there,” he says.
Aussie passed on the full RBA cut announced last week. 
FIXED RATE COMPARISON TABLE
<table border="1" cellspacing="0" cellpadding="0" style="width: 400px;"><tbody>
<tr>
<td style="width: 70px;" nowrap valign="top">
 
</td>
<td style="width: 70px;" nowrap valign="top">
1 Year
</td>
<td style="width: 70px;" nowrap valign="top">
2 years 
</td>
<td style="width: 70px;" nowrap valign="top">
3 years
</td>
<td style="width: 70px;" nowrap valign="top">
4 years
</td>
<td style="width: 70px;" nowrap valign="top">
5 years
</td>
</tr>
<tr>
<td style="width: 70px;" valign="top">
CBA Package
</td>
<td style="width: 70px;" valign="top">
5.19%
</td>
<td style="width: 70px;" valign="top">
4.99%
</td>
<td style="width: 70px;" valign="top">
5.29%
</td>
<td style="width: 70px;" valign="top">
5.64%
</td>
<td style="width: 70px;" valign="top">
5.69%
</td>
</tr>
<tr>
<td style="width: 70px;" valign="top">
NAB
</td>
<td style="width: 70px;" valign="top">
5.09%
</td>
<td style="width: 70px;" valign="top">
4.99%
</td>
<td style="width: 70px;" valign="top">
5.29%
</td>
<td style="width: 70px;" valign="top">
5.64%
</td>
<td style="width: 70px;" valign="top">
5.55%
</td>
</tr>
<tr>
<td style="width: 70px;" valign="top">
WBC
</td>
<td style="width: 70px;" valign="top">
5.24%
</td>
<td style="width: 70px;" valign="top">
5.29%
</td>
<td style="width: 70px;" valign="top">
5.29%
</td>
<td style="width: 70px;" valign="top">
5.69%
</td>
<td style="width: 70px;" valign="top">
5.69%
</td>
</tr>
<tr>
<td style="width: 70px;" valign="top">
ANZ
</td>
<td style="width: 70px;" valign="top">
5.19%
</td>
<td style="width: 70px;" valign="top">
5.29%
</td>
<td style="width: 70px;" valign="top">
5.29%
</td>
<td style="width: 70px;" valign="top">
5.64%
</td>
<td style="width: 70px;" valign="top">
5.84%
</td>
</tr>
<tr>
<td style="width: 70px;" valign="top">
SGB
</td>
<td style="width: 70px;" valign="top">
5.15%
</td>
<td style="width: 70px;" valign="top">
4.99%
</td>
<td style="width: 70px;" valign="top">
5.29%
</td>
<td style="width: 70px;" valign="top">
5.64%
</td>
<td style="width: 70px;" valign="top">
5.69%
</td>
</tr>
<tr>
<td style="width: 70px;" valign="top">
BOM
</td>
<td style="width: 70px;" valign="top">
5.15%
</td>
<td style="width: 70px;" valign="top">
4.99%
</td>
<td style="width: 70px;" valign="top">
5.29%
</td>
<td style="width: 70px;" valign="top">
5.64%
</td>
<td style="width: 70px;" valign="top">
5.69%
</td>
</tr>
<tr>
<td style="width: 70px;" valign="top">
BOQ
</td>
<td style="width: 70px;" valign="top">
4.99%
</td>
<td style="width: 70px;" valign="top">
5.19%
</td>
<td style="width: 70px;" valign="top">
5.29%
</td>
<td style="width: 70px;" valign="top">
5.59%
</td>
<td style="width: 70px;" valign="top">
5.69%
</td>
</tr>
<tr>
<td style="width: 70px;" valign="top">
Aussie
</td>
<td style="width: 70px;" valign="top">
4.95%
</td>
<td style="width: 70px;" valign="top">
4.89%
</td>
<td style="width: 70px;" valign="top">
4.99%
</td>
<td style="width: 70px;" valign="top">
5.49%
</td>
<td style="width: 70px;" valign="top">
5.49%
</td>
</tr>
<tr>
<td style="width: 70px;" valign="top">
Suncorp
</td>
<td style="width: 70px;" valign="top">
5.30%
</td>
<td style="width: 70px;" valign="top">
5.34%
</td>
<td style="width: 70px;" valign="top">
5.40%
</td>
<td style="width: 70px;" valign="top">
 
</td>
<td style="width: 70px;" valign="top">
5.85%
</td>
</tr>
<tr>
<td style="width: 70px;" valign="top">
BankWest
</td>
<td style="width: 70px;" valign="top">
5.39%
</td>
<td style="width: 70px;" valign="top">
4.99%
</td>
<td style="width: 70px;" valign="top">
5.19%
</td>
<td style="width: 70px;" valign="top">
5.64%
</td>
<td style="width: 70px;" valign="top">
5.49%
</td>
</tr>
<tr>
<td style="width: 70px;" valign="top">
ING
</td>
<td style="width: 70px;" valign="top">
5.19%
</td>
<td style="width: 70px;" valign="top">
4.99%
</td>
<td style="width: 70px;" valign="top">
5.09%
</td>
<td style="width: 70px;" valign="top">
5.39%
</td>
<td style="width: 70px;" valign="top">
5.39%
</td>
</tr>
<tr>
<td style="width: 70px;" valign="top">
RAMS
</td>
<td style="width: 70px;" valign="top">
4.99%
</td>
<td style="width: 70px;" valign="top">
5.25%
</td>
<td style="width: 70px;" valign="top">
5.29%
</td>
<td style="width: 70px;" valign="top">
5.64%
</td>
<td style="width: 70px;" valign="top">
5.69%
</td>
</tr>
<tr>
<td style="width: 70px;" valign="top">
Newcastle Permanent
</td>
<td style="width: 70px;" valign="top">
4.98%
</td>
<td style="width: 70px;" valign="top">
4.98%
</td>
<td style="width: 70px;" valign="top">
5.28%
</td>
<td style="width: 70px;" valign="top">
5.64%
</td>
<td style="width: 70px;" valign="top">
5.69%
</td>
</tr>
<tr>
<td style="width: 70px;" valign="top">
Bendigo
</td>
<td style="width: 70px;" valign="top">
5.19%
</td>
<td style="width: 70px;" valign="top">
5.29%
</td>
<td style="width: 70px;" valign="top">
5.44%
</td>
<td style="width: 70px;" valign="top">
5.74%
</td>
<td style="width: 70px;" valign="top">
5.79%
</td>
</tr>
</tbody></table>
AUSSIE SELECT VARIABLE RATES
<table style="width: 414px;" border="0" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td width="137" rowspan="2" valign="top">
Effective May 15, 2013
</td>
<td width="277" colspan="3">
Aussie Select Variable
</td>
</tr>
<tr>
<td width="98">
&lt;$350k
</td>
<td width="85">
$350k-&lt;500k
</td>
<td width="95" valign="top">
$500k+
</td>
</tr>
<tr>
<td width="137" valign="top">
LVR &lt;80%
</td>
<td width="98">
5.20%
 
 
</td>
<td width="85">
5.20%
 
 
</td>
<td width="95" valign="top">
5.15% 
 
</td>
</tr>
<tr>
<td width="137" valign="top">
LVR &gt;=80.00%
</td>
<td width="98">
5.29%
 
 
</td>
<td width="85">
5.29%
 
 
</td>
<td width="95" valign="top">
5.20%
 
 
</td>
</tr>
</tbody></table>
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lschlesinger-FZcF9M3vE6

Aussie reduces two and three-year fixed rates below 5% with new variable offering in the mix

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There was a 5.2% lift in the number of home loans issued to owner occupiers in March led by strong gains in NSW and Victoria, according to seasonally-adjusted ABS figures.
In total there were 48,071 home loan commitments in March compared with 46,225 in February.
Analysts had forecast a 4% rise in mortgage lending in March.
The seasonally-adjusted estimates rose in New South Wales (up $1,036m, 8.0%), Victoria (up $664m, 5.2%), Western Australia (up $280m, 4.0%), Queensland (up $157m, 1.8%), South Australia (up $155m, 5.3%), Tasmania (up $30m, 4.2%) and the Australian Capital Territory (up $27m, 3.5%), while a fall was recorded in the Northern Territory (down $6m, 1.6%).
In value terms, home loans to owner occupiers lifted 5.8% to $14.9 billion.
Rises were recorded in commitments for the purchase of established dwellings (up $129m, 1.1%), commitments for the purchase of new dwellings (up $16m, 1.8%) and commitments for the construction of dwellings (up $16m, 1.1%).
The total value of dwelling commitments excluding alterations and additions (trend) rose 1.2% in March 2013 compared with February 2013 and the seasonally adjusted series rose 4.5% in March 2013. 
The value of investment housing commitments seasonally adjusted rose 2.1% in March 2013.
Rises were recorded in commitments for the purchase of dwellings by individuals for rent or resale (up $91m, 1.4%), commitments for the purchase of dwellings by others for rent or resale (up $11m, 1.3%) and commitments for the construction of dwellings for rent or resale (up $7m, 1.3%).
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Mortgage lending surges up 5.2% in March led by NSW and Victoria: ABS

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The listed property trust sector (A-REITs) gained a new participant yesterday with ArenaREIT, a childcare centre property trust, floating with a share price of $1.05
This represented a premium to its net tangible assets of $1 per share and is also a premium to its initial offer price of $1.01 per unit.
The full initial offer of $75 million was taken up ahead of listing yesterday.
The Melbourne-based trust, formerly the Arena Childcare Property Fund, is managed by Arena Investment Management Limited and comprises 172 childcare centres and 5 childcare centre development land sites located in Australia, valued at $228 million (as at 31 December 2012).
The portfolio has a relatively long weighted average lease expiry (WALE) of 8.2 years as of December 2012 and an occupancy rate of 97.7% as of March 2013.
Two thirds of the portfolio (66.3% by value) is leased to childcare group Goodstart which purchased the collapsed ABC Learning business.
Goodstart is owned by the charitable organisations The Benevolent Society, Mission Australia, the Brotherhood of St Laurence and Social Ventures Australia.
The trust earned rental income of $11.05 million for the half year to December 31 2012 down slightly from $11.8 million in the prior corresponding period.
The joint managing directors of the fund are James Goodwin and Bryce Mitchelson.
The managers of the trust intend to diversify over time expanding beyond childcare into education, healthcare and government tenanted facilities.
Arena REIT trades under the ASX code of ARF. 
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It was established as an unlisted trust in 2003 investing into childcare centres. 
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Arena REIT lists $228 million childcare centre portfolio with $1.05 share price

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Ian Corfield has been appointed as the new Aussie Home Loans chief executive, following the <a target="_blank" href="https://www.propertyobserver.com.au/news/aussie-home-loans-ceo-stephen-porges-resigns-after-commbank-acquisition/2013041560393">resignation of Stephen Porges last month.</a>
He will commence his role on June 3 joining from Bankwest, where he is currently chief executive of its business banking division.
Bankwest is owned by the Commonwealth Bank, which also owns Aussie Home Loans.
Corfield is well experienced in the mortgage broker space having previously held the role of chief executive  for Bankwest's retail banking division between 2007 and 2010.
This included being in charge of its third party mortgage broker business.
Prior to that Corfield held senior roles at the Halifax Bank in the <country-region>UK</country-region> and <country-region>Ireland</country-region>.
“I am really pleased the board has accepted my recommendation to hire Ian, as he was the stand-out candidate in my search for a new CEO," said Aussie founder and executive chairman John Symond.
“He has an impeccable pedigree with relevant experience at the helm of dynamic brands and also has extensive experience managing brands through a corporate transition such as Aussie is experiencing now,” he added.
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Aussie Home Loans appoints Bankwest executive Ian Corfield as new CEO

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Amid expectations of a surge in Chinese buyers of Australian and New Zealand property, LJ Hooker has signed a new three-year strategic partnership with Chinese property listings portal Juwai.com.
A previous 12-month agreement was signed in July last year and has been successful to date with 30% of calls from estate agents to the LJ Hooker head office about wanting a closer relationship with Juwai.com.
Juwai’s two co-CEOs will attend LJ Hooker’s annual conference in Queensland this week to explain how LJ Hooker franchisees can attract as many Chinese buyers as possible to their listings.
Juwai.com bills itself as the top-ranked international property portal for the world’s Chinese-language population.
The new agreement follows Juwai.com recording a <a target="_blank" href="/news">61% rise in Australian residential property searches</a> since the start of the year with property viewings up 162% over the same period.
Chinese buyers spent over $4.2 billion on Australian property in 2011 compared with $1.1 billion spent in 2009, earning Australian estate agents about $48 million in commission in 2011.
The new partnership will include LJ Hooker participation in “elite international property expos in China, attended by high net worth Chinese buyers”.
The real estate group will also get greater exposure to the Chinese market through a special corporate landing page hosted behind the Chinese government firewall; corporate banner ad campaigns designed around the core offshore purchasing seasons as well as other branding initiatives.
LJ Hooker estate agents will also receive exclusive discounts on selected premium advertising products on Juwai.com.
Greater demand among Chinese buyers for prestige residential property is also expected due to the new significant investor visa (SIV) with the first such visa issued just over a week ago to a Chinese toy manaufacturer.
Further issuances of SIVs are expected to flow through to the prestige end of the property market - residential property does not qualify as part of the $5 million investment requirement, but successful applicants will want somewhere to live.
LJ Hooker chief executive Georg Chmiel says that "on the whole, Australian agency brands are not well known in China".
"Our extra branding and advertising on Juwai.com will mean that Chinese buyers know and trust LJ Hooker long before they hear about any other agency network," he says.
Simon Henry, co-CEO of Juwai.com said Chinese buyers are now more confident when planning property inspection and buying trips. 
“It can take 12 weeks to obtain their visa to visit Australia and they use that time to thoroughly research the market. That makes it critical to reach them before they leave China,” he says.
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