Avant Townhomes is adding to Ivanhoe’s family-sized housing options with <a href="https://www.apartments.com.au/new-townhouses/three-82-ivanhoe-382-upper-heidelberg-road-ivanhoe-vic-3079">Three 82</a>, a collection of just 16 four-bedroom townhomes on Upper Heidelberg Road.

The <a href="https://www.apartments.com.au/developers/intrapac-property">Intrapac Property</a> townhome division has taken a contemporary approach to the traditional family home, pairing larger floorplans with the lower-maintenance format of a townhouse.

[smartcode_project:default project_id=152069 project_image_fid=374394]

Designed by <a href="https://www.apartments.com.au/architects/arcadia-studio">Arcadia</a>, with landscaping by Landsite, the homes feature generous open-plan living and dining areas that connect directly to outdoor spaces, with layouts also designed to maximise natural light and privacy.

Natural stone is used throughout the interiors, including in kitchens that pair stone surfaces with bespoke cabinetry, considered storage and SMEG appliances.

The four-bedroom layouts include built-in wardrobes and a main bedroom with its own ensuite, while family bathrooms service the additional bedrooms. Each home also includes a lock-up double garage and intercom entry.

[smartcode_project:default project_id=152069 project_image_fid=374399]

Energy efficiency has been incorporated into the design through solar panels, double glazing and reverse-cycle heating and cooling, with the homes targeting 7-star energy ratings.

Rather than incorporating extensive communal facilities, Three 82 has been conceived around private residential amenity, with the 16-home scale keeping the focus on individual homes and their own indoor and outdoor spaces.

The development is located at 382 Upper Heidelberg Road, around one kilometre from Ivanhoe Village's cafés and retail and a short drive from Eaglemont Station and Ivanhoe Station.

[smartcode_project:default project_id=152069 project_image_fid=374393]

Several of Ivanhoe's established schools are also nearby, including Ivanhoe Girls' Grammar and Ivanhoe Grammar School. The address also provides access to the suburb's parklands and the wider Yarra River corridor.

<a href="https://www.apartments.com.au/project-marketer/nelson-alexander">Nelson Alexander</a> has been appointed to handle sales.

Construction is underway and progressing well, with Three 82 currently tracking toward completion in Q2 2027.

[smartcode_project_cta:default project_id=152069]

Joel Robinson

Three 82 brings boutique four-bedroom townhome collection to Ivanhoe

Builder-developer&nbsp;<a href="https://www.apartments.com.au/developers/graya">Graya</a> has secured a prime Newstead site from fellow developer Fraser, subsequently lodging plans for The Silo, a major mixed-use residential project in Newstead designed around a new public laneway linking the James Street precinct with the wider Gasworks and Newstead neighbourhood.

Proposed for the corner of Chester and Morse streets, the <a href="https://www.apartments.com.au/architects/bureauproberts">Bureau^Proberts</a>-designed project places its strongest emphasis at ground level, where retail, landscaping and a new cobblestone pedestrian connection would open the site to the surrounding neighbourhood. The design team describes The Silo as “more than a residential building”, positioning the development as an extension of Newstead’s public realm rather than a standalone apartment tower.

“A new cobblestone laneway and landscaped connection between James Street and Gasworks unlock a missing pedestrian link, improving walkability and stitching together two of Brisbane’s significant urban destinations,” Bureau Proberts said in its Urban Design Report.

<img alt="First look: Graya plans The Silo as new pedestrian link between James Street and Gasworks" data-entity-type="file" data-entity-uuid="0ea1b06a-75f5-40a5-b2c5-33c97bc86052" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/silo%20bldg.png?VersionId=KmjsAtNePu57_B31EM_DJ5T6KPJHtcmo" />

The Silo is planned as a mixed-use development incorporating apartments alongside a bar and centre activities including food and drink outlets, indoor sport and recreation, office and retail uses.

Architecturally, Bureau Proberts has conceived the building as a collection of vertically expressed, stepping forms rather than a single uniform tower. The composition rises from an articulated podium before being broken by a triple-height landscaped recreation level, with the upper section becoming more compact before terminating in a landscaped rooftop garden.

The project's name and architectural language draw directly from Newstead's industrial history. Patterned off-form concrete is proposed as the principal façade material, complemented by slender metal rod balustrades and extensive planting. The cylindrical and vertically ribbed elements give the building its silo-like expression, while curved balconies and planted edges introduce a softer subtropical layer.

“The Silo reinterprets its robust forms, scale and materiality through a contemporary subtropical architectural expression, creating a building that acknowledges its industrial legacy, while responding to the way the precinct is occupied today,” Bureau^Proberts said.

The recreation level is one of the defining breaks in the tower. Plans include a lap pool, mature subtropical planting and shared resident facilities within an elevated communal garden. Landscaping continues through the podium and onto the rooftop, where a further garden forms what the architects describe as a “subtropical crown” to the building.

<img alt="First look: Graya plans The Silo as new pedestrian link between James Street and Gasworks" data-entity-type="file" data-entity-uuid="f8451036-35a4-49a9-8d88-2ef4438eba3d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Silo%20Lane.png?VersionId=h8N31_rYmCEqoNrpt4kbYVQhJGZn60LH" />

At street level, the development has been designed to establish a more permeable block. Retail and hospitality tenancies address the public realm, while landscaped pedestrian spaces lead into the new laneway connection. Renders in the design report show the proposed “Silo Lane” as a substantial opening through the podium, framed by cylindrical concrete forms with cascading planting above.

The Silo continues Graya's move into larger apartment developments after building its reputation across high-end residential projects in Brisbane and the Gold Coast.

Graya buys Frasers Newstead site, plans The Silo between James Street and Gasworks precincts

<a href="https://www.apartments.com.au/developers/wickton">Wickton</a>’s completed Linacre Rise development in Hampton is giving Bayside downsizers the opportunity to move into a spacious apartment near the beach, with the developer covering stamp duty for a limited time.

The 27-residence development has been designed for buyers who want to simplify their living arrangements without giving up the space, warmth and quality associated with a long-term family home. Most apartments have already been secured by Bayside locals, leaving a select collection of two and three-bedroom residences and penthouses available.

Two-bedroom apartments are priced from $1.275 million, three-bedroom residences from $2.25 million and penthouses from $3.375 million, with the completed homes available to inspect and move into now.

[smartcode_project:default project_id=95289 project_image_fid=366760]

<a href="https://www.apartments.com.au/buildings/linacre-rise-hampton-8-10-linacre-road-hampton-vic-3188">Linacre Rise</a> occupies an elevated position on one of <a href="https://www.apartments.com.au/developments/hampton-vic-3188">Hampton</a>’s quiet, tree-lined streets, around 250 metres from the bay and 500 metres from Hampton’s village centre. Its setting gives residents access to the beach, local cafés, shops and Hampton Train Station while retaining the feel of an established residential neighbourhood.

Architecture and interiors by <a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a> draw on the warmth and permanence of traditional brickwork, with the building integrated into terraced landscaping by <a href="https://www.apartments.com.au/landscape-architect/john-patrick-landscape-architects">John Patrick</a>. Ground-floor apartments are elevated above the street and include private garden courtyards, while several upper-level residences have generous balconies and outlooks toward the bay.

Inside, the residences favour natural materials and generous proportions. Herringbone-pattern European oak flooring, natural stone benchtops, premium joinery and Swiss V-ZUG appliances are among the key inclusions, while integrated storage has been incorporated across kitchens, bathrooms, studies and living areas.

The kitchens have been planned as practical spaces for both everyday use and entertaining, with substantial island benches, detailed cabinetry and adjoining dining and living zones. Full-height wardrobes, plush bedroom carpeting and carefully considered lighting reinforce the residential character Wickton sought to retain for buyers moving from larger homes.

[smartcode_project:default project_id=95289 project_image_fid=366769]

A Linacre Rise purchaser said the completed apartment had delivered the space, outlook and construction quality they had been seeking.

“The unit is very light, has views to die for over the bay, all construction materials and fittings are premium quality, we have secure parking for three cars, EV charging at very competitive rates, the neighbours are friendly and there is just a lovely ambiance about the place,” the purchaser said.

Environmental features include solar panels, shared electric vehicle charging stations, rainwater harvesting for toilet flushing and landscape irrigation, double-glazed windows and water-efficient fixtures and appliances.

[smartcode_project:default project_id=95289 project_image_fid=366762]

The development was built by Balmain &amp; Co, with Wickton managing the broader development process through its in-house team.

For downsizers, the project’s completed status removes much of the uncertainty associated with buying off the plan. Purchasers can inspect the finished apartments, understand their outlook and proportions, and move in without waiting for construction to conclude.

The remaining selection includes north-oriented balconies, corner configurations and penthouses with elevated bay views. The developer-paid stamp duty initiative is available for a limited time, with potential savings of up to $200,000 depending on the residence purchased.

[smartcode_project_cta:default project_id=95289]

Limited-time stamp duty offer at completed Linacre Rise apartments in Hampton

Luxury apartment buyers have long prioritised design, space and finishes, but increasingly they're placing equal importance on something less tangible: how easily they can live without relying on a car.

At <a>Richmond Square</a>, <a href="https://www.apartments.com.au/developers/fortis">Fortis</a> believes that convenience begins beyond the apartment itself, with the mixed-use precinct earning a near-perfect Walk Score of 99.

The development has been planned around the idea that some of the most valuable amenities aren't contained within a building, they're the restaurants, cafés, parks, transport connections and daily conveniences that can all be reached on foot.

Located just behind Swan Street and Church Street, <a href="https://www.apartments.com.au/new-apartments/richmond-square-1-wiltshire-street-richmond-vic-3121">Richmond Square</a> places residents within one of Melbo​u​rne's most established lifestyle precincts while offering a quieter residential setting removed from the busiest thoroughfares. East Richmond Station is moments away, trams run along both Swan and Church Streets, and the MCG, Melb​​ourne Park, Yarra River trails and the CBD are all within walking distance. At the same time, the precinct itself will introduce a curated mix of dining, retail, hospitality and wellness offerings, creating a destination that extends well beyond its residential buildings.

[smartcode_project:default project_id=13181 project_image_fid=348530]

For Fortis, that combination of location and scale was what made the site unique.

"<a href="https://www.apartments.com.au/developments/richmond-vic-3121">Richmond</a> is one of Melb​o​urne's most established and distinctive inner-city neighbourhoods, with a rare combination of dining, culture, recreation, public transport and proximity to the CBD," the developer said.

"The opportunity at Wiltshire Street was particularly compelling because the site sits slightly removed from the activity of Swan and Church Streets while remaining only moments from everything that makes the area desirable."

Rather than developing a standalone apartment building, Fortis consolidated 15 individual properties to create one of the larger development parcels assembled on Mel​b​ourne's city fringe in recent years. That allowed the team to deliver a genuine mixed-use precinct comprising 107 residences across Wiltshire House and Carmine House, premium office space, hospitality venues, retail, wellness offerings and a future 57-room hotel.

"The scale of the site allowed Fortis to think beyond a standalone apartment building," the developer said.

"Richmond Square could be planned as a complete lifestyle precinct, bringing homes, workplaces, dining, retail, hospitality and wellness together around a series of activated public spaces. The aim was to create a destination that feels connected to Richmond rather than separate from it."

[smartcode_project:default project_id=13181 project_image_fid=348533]

The emphasis on walkability has also resonated with buyers.

Interest has been strongest from established owner-occupiers, particularly downsizers from Richmond and Melb​ourne's inner east who want to remain close to familiar restaurants, workplaces, family and social networks while moving into a more secure, lower-maintenance home. The project is also attracting Mornington Peninsula and interstate buyers seeking a Melb​ourne residence they can lock up and leave between visits.

Many are looking for generous living spaces, room to entertain, quality finishes and confidence in the project team, but location remains one of the biggest deciding factors.

"For many buyers, Richmond Square provides a way to simplify the practical side of home ownership without reducing the quality of their lifestyle," the sales team said.

"Location is also a major driver of interest. Buyers can remain connected to the CBD, major sporting events, the arts centres, local restaurants, cafes and bars and their family while living in a private and secure residence that is easy to lock up and leave for weekends or longer periods away."

[smartcode_project:default project_id=13181 project_image_fid=348549]

The residences themselves have been designed with that buyer in mind. Award-winning architecture practice SJB and interior designers Hecker Guthrie have created spacious two and three-bedroom apartments and penthouses that prioritise generous living areas, natural light, bespoke joinery and private terraces. Above, a rooftop sanctuary by Acre includes landscaped lawns, bookable dining rooms, barbecue facilities, wellness spaces and panoramic views across the CBD, the MCG and Port Phillip Bay.

Fortis believes Richmond Square reflects a broader evolution in apartment living, where the surrounding neighbourhood becomes just as important as the residence itself.

"Richmond Square introduces a different proposition: generously proportioned residences within a genuinely mixed-use, hospitality-led destination," the developer said.

"The project's location and Walk Score of 99 further support a lifestyle where residents can complete many everyday journeys without relying on a car."

Fortis has assembled an experienced team that includes <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, <a href="https://www.apartments.com.au/interior-designers/hecker-guthrie">Hecker Guthrie</a>, <a href="https://www.apartments.com.au/landscape-architect/acre">Acre</a> and builder <a href="https://www.apartments.com.au/builders/hacer-group">Hacer Group</a>, reflecting the developer's commitment to creating projects with enduring design quality and meaningful connections to the communities in which they sit.&nbsp;

Richmond Square is an expression of that philosophy, bringing together homes, workplaces, hospitality and wellness within one of Me​lb​ourne's most walkable neighbourhoods.&nbsp;

Construction is now almost complete, providing purchasers with growing confidence ahead of its expected September 2026 completion.

[smartcode_project_cta:default project_id=13181]

Walk Score of 99 places Richmond Square at the heart of Melbourne's most connected lifestyle

<h3 data-end="19" data-section-id="1dvgwoe" data-start="0">Summary</h3>

<ul data-end="634" data-start="21">
	<li data-end="170" data-section-id="1o77v31" data-start="21">Walker Corporation has lodged plans for a second major residential development in the Maroochydore City Centre, a 29-storey tower known as Celeste.</li>
	<li data-end="327" data-section-id="1lb0y6t" data-start="171">The Plus Studio-designed proposal at Lot 30 Sunshine Coast Parade would deliver 208 apartments, including four four-bedroom sub-penthouses and penthouses.</li>
	<li data-end="487" data-section-id="za720" data-start="328">The application comes as Walker doubles down on Maroochydore following the strong sales campaign at SOL by Walker, where the first tower is nearing sell-out.</li>
	<li data-end="634" data-section-id="5sovec" data-start="488">Walker is a key partner in the transformation of the Maroochydore City Centre, which is expected to ultimately deliver at least 4,000 new homes.</li>
</ul>

Walker Corporation is doubling down on Maroochydore following the successful sales campaign at its first residential project in the emerging CBD.

The national developer has filed plans for <a href="https://www.apartments.com.au/new-apartments/celeste-30-sunshine-coast-parade-maroochydore-qld-4558">Celeste</a>, a new 29-storey apartment tower at Lot 30 Sunshine Coast Parade, just metres from its under-construction SOL by Walker development.

The plans, prepared by Plus Studio, would see 208 apartments delivered across a 100-metre tower on the 2,376 sqm site, which fronts Sunshine Coast Parade, First Avenue and Future Way within the Maroochydore Priority Development Area.

<img alt="Walker" data-entity-type="file" data-entity-uuid="17038209-6fea-4ed2-855d-fd4df65b3d02" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-10%20at%2010.24.16%E2%80%AFAM.png?VersionId=iZD.oVXcQn.aLpUytDAW.CWjxP4puWMy" />

The proposed apartment mix comprises 36 one-bedroom apartments, 48 two-bedroom apartments, 72 two-bedroom apartments with an additional multipurpose space, and 48 three-bedroom apartments.

The upper levels would be capped by two four-bedroom sub-penthouses and two four-bedroom penthouses, taking the total apartment count to 208. The preliminary yield study also provides 262 car spaces, 114 resident bicycle spaces and storage for each apartment.

It represents Walker's next major residential move in the new Maroochydore CBD after the success of SOL by Walker, its $220 million two-tower project nearby.

SOL launched to market in early 2025 and has since seen strong demand, particularly from local owner-occupiers. By February this year, Walker said the first SOL tower was nearing sell-out, with a strong waitlist also emerging for its recently released penthouse collection.

Construction is already underway on SOL, with the first tower expected to be completed in late 2027 and the second to follow in early 2028.

[smartcode_project:default project_id=147777 project_image_fid=319846]

<h2 data-end="2518" data-section-id="1b2dyo5" data-start="2459">Celeste to rise 100 metres over Maroochydore City Centre</h2>

Celeste would take a different form to the twin 19-storey buildings at SOL.

Plus Studio has designed a single 100-metre tower above an activated podium, with the architecture responding to the site's prominent position and three street frontages.

The podium would incorporate commercial tenancies and public art, with sweeping façade elements wrapping the street edges. The scalloped concrete podium has been inspired by the patterns created in sand at low tide, while extensive landscaping would continue vertically through the tower.

The ground level plans show three commercial tenancies addressing Sunshine Coast Parade alongside the residential lobby and landscaped public realm. The podium would then accommodate several levels of car parking before the residential tower rises above.

<img alt="Celeste" data-entity-type="file" data-entity-uuid="121f77b1-71c5-46d7-9b36-0a7d474211ca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-10%20at%2010.24.47%E2%80%AFAM.png?VersionId=MGrg9Hb7HgzLN0Lelq_xrXNAruVl77ia" />

Plus Studio said the tower had been designed to maximise views from each apartment, taking in the Maroochy River, Sunshine Coast hinterland, Cotton Tree and Maroochydore Beach and ocean.

Those views have also shaped one of the project's key features, with Walker proposing to put the primary resident amenity on Level 29 rather than lower within the building.

The rooftop would feature a 284.9 sqm pool area with an infinity edge, along with a cold pool, spa, sauna, 93.2 sqm gym, sunset lounge, BBQ and dining areas, pool deck and private dining space. Cabanas and day beds are also shown across the recreation level.

The two penthouses would extend across the upper levels and each feature private terraces and plunge pools.

<h2 data-end="4202" data-section-id="v5f4ix" data-start="4160">Walker's growing Maroochydore footprint</h2>

Celeste further reinforces Walker's commitment to the transformation of Maroochydore City Centre.

Walker is one of the key partners delivering the new CBD alongside Sunshine Coast Council and SunCentral Maroochydore, with the broader 62-hectare Priority Development Area occupying the former Horton Park Golf Course and surrounding land.

The precinct is ultimately expected to accommodate at least 4,000 new homes as Maroochydore evolves into the Sunshine Coast's principal commercial and residential centre.

When SOL secured approval in February 2025, Walker Managing Director and CEO David Gallant described it as the "first of many residential projects" the company planned for the Maroochydore City Centre.

Celeste now provides the clearest indication yet of what comes next.

The site sits immediately within the new CBD, with the design report identifying Sunshine Plaza and surrounding parkland within walking distance and Maroochydore Beach around a five-minute drive away.

For Walker, the timing of the application comes as its first residential bet on the new CBD appears to have been vindicated.

SOL has progressed from planning approval to construction while its first release has approached sell-out, giving Walker confidence to push ahead with another 208 apartments and take its residential pipeline in the Maroochydore City Centre to around 450 dwellings across the two projects.

Celeste remains subject to planning approval, with the architectural material describing the scheme as a preliminary yield study that may change through the assessment process.

Walker doubles down on Maroochydore with 29-storey Celeste apartment tower

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.

[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?

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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The Reserve Bank has left the door open to a rate cut, minutes of the September 4 monetary policy meeting show.
The minutes also noted subdued conditions in the housing sector and said recent sharp falls in commodity prices would be reflected "relatively quickly in export prices" as well as "slightly softer" global economic conditions".
However the <a target="_blank" href="https://www.propertyobserver.com.au/https://www.rba.gov.au/monetary-policy/rba-board-minutes/2012/04092012">RBA board </a>appeared less concerned about a drop in mining investment than other economic commentators, saying that if the fall in the iron ore and coking coal prices were to be sustained, it could lead to somewhat lower mining investment, "but given the large LNG and other mining investment projects already under way, the staff still expected there to be a substantial increase in resource investment over the next year or so".
The board concluded that the "current assessment of the inflation outlook continued to provide scope to adjust policy in response to any significant deterioration in the outlook for growth".
Looking at the housing market, the RBA notes:
"Conditions in the housing sector were subdued, but there were tentative signs of an improvement.
“Building approvals had increased strongly in the June quarter, and fell back in July, but remained a little higher than earlier in the year.
“Loan approvals for new dwellings and first-home owner grants had also risen in recent months. Dwelling prices had increased slightly over the previous three months in Sydney and Melbourne and were broadly unchanged in other cities, with turnover remaining low.”
In the September 5 post-cash rate decision statement, RBA governor Glenn Stevens noted that the impact of earlier cash rate cuts  were still working their way through the economy, “but dwelling prices have firmed a little”.
Today's September minutes reveal that the RBA board remains concerned about the global economy noting that new information over August “pointed to slightly softer conditions in many parts of the global economy”.
Locally, it noted a slight downturn in the mining and business environment reporting that “after a surge in mining investment in the March quarter, growth in business investment was estimated to have moderated in the June quarter”. 
The minutes also acknowledge challenges faced by non-mining sector such as "some parts of the retail sector".
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lschlesinger-FZcF9M3vE6

Room for rate cut as housing sector conditions remain 'subdued': RBA September minutes

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<img src="/images/stories/2012/09/666000.gif">
The median house price in Sydney in August, according to Residex. This is up 0.29% from the previous month.
 
<hr>
<img src="/images/stories/2012/09/553500.gif">
The median house price in Melbourne in August, according to Residex. This is exactly the same as the previous month.
 
<hr>
<img src="/images/stories/2012/09/530000.gif">
The median house price in ACT in August, according to Residex. This is down 0.1% from the previous month.
 
<hr>
 
<img src="/images/stories/2012/09/513000.gif">
The median house price in Darwin in August, according to Residex. This is down 1.17% from the previous month.
 
<hr>
<img src="/images/stories/2012/09/486500.gif">
The median house price in Perth in August, according to Residex. This is up 2.19% from the previous month.
 
<hr>
<img src="/images/stories/2012/09/430000.gif">
The median house price in Brisbane in August, according to Residex. This is up 1.1% from the previous month.
 
<hr>
<img src="/images/stories/2012/09/388000.gif">
The median house price in Adelaide in August, according to Residex. This is up 1.1% from the previous month.
 
<hr>
<img src="/images/stories/2012/09/351500.gif">
The median house price in Hobart in August, according to Residex. This is up 0.29% from the previous month.
 
<hr>
 
<img src="/images/stories/2012/09/426500.gif">
The median house price across Australia in August, according to Residex. This is down 0.8% from the previous month.
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cknowlton-QnEa6ntUYP

Perth house prices rise 2.19% in August while Melbourne prices flat: Residex

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ANZ has changed its monetary policy call and now expects the RBA to lower the official cash rate by 25 basis points on October 2 to 3.25% and by a further 25 basis points on November 6 to 3% and to maintain an easing bias thereafter.
The bank’s economists Ivan Colhoun and Justin Fabo say there is also some “tactical argument that rather than enact back-to-back cuts as has occurred over the past year, one larger 50-basis-points cut could have a better effect on confidence and possibly in reducing upward pressure on the Australian dollar.
Colhoun and Fabo made the call ahead of RBA governor’s Glenn Stevens' monetary policy statement, which is expected to give further clues as to future rate decisions and direction.
<a href="/news">Last week ANZ said the fall in commodity prices and the persistently high Australian dollar had raised the likelihood of an October rate cut</a>, but said a November rate cut was still more likely, with another rate cut in the first quarter of next year and unchanged rates thereafter – though with a bias towards lower interest rates.
Colhoun and Fabo say the RBA is unlikely to wait until the release of September quarterly inflation data (due out on October 24) because underlying inflation is already around the bottom of the 2% to 3% RBA target band.
Among their reasons for forecasting an October rate cut is the smaller impact rate cuts have been having on encouraging households’ appetite for taking on more debt, including mortgage debt.
“While the RBA rate cuts since November last year have lowered actual borrowing rates for households and businesses by around 90 to 100 basis points, arguably the interest rate-sensitive parts of the economy have not and will not react in the same way as over the past decade or two.
“The key reason for this expectation is that the community’s appetite for debt has waned significantly as debt levels have risen, housing prices are no longer seen as a one-way bet, perceived job security has lessened and significant uncertainty remains over the global economy.
“The Westpac consumer confidence survey for September showed that the proportion of households viewing bank deposits as the ‘wisest place for savings’ was the highest since 1974.
“Supported by the relatively muted response of housing market activity and prices to the rate cuts to date, notwithstanding that it’s still early days, we see very little danger in terms of renewed asset price inflation from shifting rates lower.”
They also re-affirmed earlier concerns about the impact of falling commodity prices and the high Australian dollar on the wider economy and further fiscal tightening at both federal and state level.
“The main reason for the change of view is that lower commodity prices coupled with the persistently high Australian dollar will have a significant contractionary effect on the economy.
“With inflation comfortably at the low end of the Bank’s target band, global growth continuing to moderate and leading indicators of unemployment deteriorating, there is no reason for the RBA to wait another month to ease policy and overall financial conditions,” they say.
 
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ANZ changes rate cut call to forecast October and November RBA cash rate cuts with possibility of single 50-basis-point cut

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Citibank has become the latest mortgage lender to cut its fixed-rate home loans following recent reductions announced by the Commonwealth Bank, ME Bank and the Greater Building Society.
The pace of lenders cutting fixed-rates has picked up as the appetite for the product grows among cautious borrowers.
Citibank has repriced its one, two and three year fixed-rate home loans to 5.55% per annum, a reduction of 44 basis points over the past month.
Citibank also reduced its five year fixed-rate by 35 basis points to 5.89% and says it’s the first lender to offer a five year fixed-rate below 5.9%.
The Commonwealth Bank’s five-year fixed-rate is 5.99%, Westpac and NAB offer a five year fixed-rate of 6.19% and ANZ at 6.24%
The cheapest advertised five year fixed rate on RateCity.com.au is 5.95% offered by Greater Building Society.
Citibank offers a standard variable rate of 7.09% and a basic variable of 6.87%.
Property Observer has scoured the most well-known mortgage comparison websites to determine the lowest variable rate home loan and one- and three-year fixed home loans currently available.
The following results are based on advertised mortgage rates listed by <a target="_blank" href="https://www.ratecity.com.au/">ratecity.com.au</a>, <a target="_blank" href="https://mozo.com.au/">Mozo.com.au</a> and <a target="_blank" href="https://www.infochoice.com.au/">infochoice.com.au</a> as of September 18:
Lowest variable rate offerings:
<table width="470" cellpadding="0" cellspacing="0" border="1"><tbody>
<tr>
<td width="158" valign="top">
Provider
</td>
<td width="151" valign="top">
Loan name
</td>
<td width="123" valign="top">
Rate
</td>
<td width="132" valign="top">
Comparison rate*
</td>
</tr>
<tr>
<td width="158" valign="top">
UBank (NAB)
</td>
<td width="151" valign="top">
UHomeloan Refinance
</td>
<td width="123" valign="top">
5.62%
</td>
<td width="132" valign="top">
5.62%
</td>
</tr>
<tr>
<td width="158" valign="top">
Mortgage View
</td>
<td width="151" valign="top">
Mortgage View Pro Pack
</td>
<td width="123" valign="top">
5.65%
</td>
<td width="132" valign="top">
5.67%
</td>
</tr>
<tr>
<td width="158" valign="top">
Loans.com.au
</td>
<td width="151" valign="top">
Dream Catcher
</td>
<td width="123" valign="top">
5.65%
</td>
<td width="132" valign="top">
6.02%
</td>
</tr>
<tr>
<td width="158" valign="top">
Nationwide Mortgage
</td>
<td width="151" valign="top">
True Saver Home Loan
</td>
<td width="123" valign="top">
5.65%
</td>
<td width="132" valign="top">
5.65%
</td>
</tr>
<tr>
<td width="158" valign="top">
State Custodian
</td>
<td width="151" valign="top">
State Custodians Standard Variable Offset Loan (LVR&lt;75%)
</td>
<td width="123" valign="top">
5.72%
</td>
<td width="132" valign="top">
5.94%
</td>
</tr>
</tbody></table>
Lowest one-year fixed-rate offerings
<table width="470" cellpadding="0" cellspacing="0" border="1"><tbody>
<tr>
<td width="137" valign="top">
Provider
</td>
<td width="123" valign="top">
Loan name
</td>
<td width="95" valign="top">
Rate
</td>
<td width="114" valign="top">
Comparison rate*
</td>
</tr>
<tr>
<td width="137" valign="top">
ME Bank
</td>
<td width="123" valign="top">
Super member fixed
</td>
<td width="95" valign="top">
5.39%
</td>
<td width="114" valign="top">
6.05%
</td>
</tr>
<tr>
<td width="137" valign="top">
Newcastle Permanent
</td>
<td width="123" valign="top">
Fixed rate home loan
</td>
<td width="95" valign="top">
5.49%
</td>
<td width="114" valign="top">
6.39%
</td>
</tr>
<tr>
<td width="137" valign="top">
Greater Building Society
</td>
<td width="123" valign="top">
Fixed rate ultimate home loan
</td>
<td width="95" valign="top">
5.49%
</td>
<td width="114" valign="top">
6.29%
</td>
</tr>
<tr>
<td width="137" valign="top">
CUA
</td>
<td width="123" valign="top">
Fixed rate home loan
</td>
<td width="95" valign="top">
5.50%
</td>
<td width="114" valign="top">
6.23%
</td>
</tr>
<tr>
<td width="137" valign="top">
Citibank
</td>
<td width="123" valign="top">
Fixed rate home loan
</td>
<td width="95" valign="top">
5.54%
</td>
<td width="114" valign="top">
7.06%
</td>
</tr>
</tbody></table>
Lowest three-year fixed-rate offerings
<table width="470" cellpadding="0" cellspacing="0" border="1"><tbody>
<tr>
<td width="133" valign="top">
Provider
</td>
<td width="133" valign="top">
Loan name
</td>
<td width="97" valign="top">
Rate
</td>
<td width="108" valign="top">
Comparison rate*
</td>
</tr>
<tr>
<td width="133" valign="top">
ME Bank
</td>
<td width="133" valign="top">
Super member fixed
</td>
<td width="97" valign="top">
5.39%
</td>
<td width="108" valign="top">
6.46%
</td>
</tr>
<tr>
<td width="133" valign="top">
UBank (NAB)
</td>
<td width="133" valign="top">
UHomeLoan for Refinance – Fixed Rate Loan
</td>
<td width="97" valign="top">
5.54%
</td>
<td width="108" valign="top">
5.69%
</td>
</tr>
<tr>
<td width="133" valign="top">
Bank of Queensland
</td>
<td width="133" valign="top">
Fixed Loan
</td>
<td width="97" valign="top">
5.55%
</td>
<td width="108" valign="top">
6.54%
</td>
</tr>
<tr>
<td width="133" valign="top">
Newcastle Permanent
</td>
<td width="133" valign="top">
Residential Fixed
</td>
<td width="97" valign="top">
5.59%
</td>
<td width="108" valign="top">
6.24%
</td>
</tr>
<tr>
<td width="133" valign="top">
HSBC
</td>
<td width="133" valign="top">
Fixed rate loan
</td>
<td width="97" valign="top">
5.59%
</td>
<td width="108" valign="top">
6.37%
</td>
</tr>
</tbody></table>
*A comparison rate includes both the interest rate and the fees and charges relating to a loan, combined into a single percentage figure.
For information on refinancing, watch our free webinar <a target="_blank" href="/news">Refinancing and the Interest Rates Riddle</a>
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Citibank cuts fixed rates: a guide to the lowest fixed and variable rate offerings

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With the help of Brian Redican of Macquarie Bank, today I want to attempt an answer to the question that is troubling a great many Australians: Why is official unemployment around 5.1% when all around middle income Australia we see retrenchments?
I must warn that the answers reveal that the low unemployment masks a looming decline in middle-class Australia and an unfortunate transformation of our social fabric. You will need to understand this if middle Australia dominates your customer base. But in addition, the answers will also not help Tony Abbott and the Coalition.
Because of the importance of this commentary I will publish it over two days.
Let's start with an apparent complete absurdity. One of the areas which showed increased employment in the latest labour statistics was media. Yet it was a period of dramatic retrenchments in most sectors of the media.
But media is not alone. As Redican points out in his remarkable research paper Invisible Unemployment 11, employment in industries like finance, telecommunications and real estate have also been rising dramatically and, although in the latest statistics they slipped fractionally, employment in these industries remains at very high levels. Yet, like media, finance, telecommunications and real estate are the very industries where some of the deepest middle-class labour cuts are being made.
In the words of the late Julius Sumner Miller, once we understand 'why this is so' we are on the way to understanding what is happening to our society and what the inevitable next events will be.
We need to start with how the statistician calculates unemployment.
Each month a survey is sent to 28,000 households, who are asked if they were employed (for at least one hour); not employed but actively looking for work (and ready to work); or not employed and didn't look for work in the previous week. These three categories determine whether someone is employed, unemployed or not in the labour force.
Once a person completes the survey they are surveyed for eight consecutive months. In most years it works well but in the current environment it can seriously delay unveiling a growing trend.
Before looking at what's happening in our 'high employing' industries there are two understandable demographic events taking place which depress unemployment.
First, Redican explains that as people hit the ages of 55 and then 60 and 65, the proportion remaining in the workforce tends to drop sharply (i.e. the participation rate declines). And because so many more people are now entering these age groups, Macquarie estimates that there were more than 50,000 people leaving the workforce in 2012, compared to around 20,000 a decade ago.
This simply means that the economy can generate 30,000 fewer jobs each year and still see no increase in the unemployment rate. That process is nearing its peak as the baby boomers move through to retirement.
At the youth end, the fact that more people are staying in education has also resulted in a big decline in the participation rate. The youth unemployment rate is currently almost 17%, but if the participation rate hadn't fallen it would be over 20%. Again this depresses unemployment levels but, of course, eventually these students will graduate and try and join the workforce. If they can't get work they will be unemployed.
These two 'abnormalities' can be easily understood. What's happening to boost employment in media, finance, telecommunications and real estate is harder to fathom. But let's take a hypothetic newspaper sub-editor as representative of retrenched bankers, investment bankers, telecommunications and real estate executives/sales people – all of whom are going through a similar nightmare.
Retrenched, they arrive home with a pile of retrenchment cash so they are not eligible for Centrelink. The sub-editor will start up as a 'freelancer', the banker, real estate or telecommunications executive might use the term 'consultant'. They are looking for work but they see themselves as 'employed'. All four industries attract people who are 'working' in this way.
Of course, other retrenched people take some time off. Either way the labour survey does not pick them up as 'unemployed'. But with living costs high, eventually the money runs out because the "charade jobs" rarely generate more than token amounts of income.
It's a middle-income time bomb ticking below the surface, which in 2013 is going to erupt, taking unemployment beyond 6% and causing interest rates to fall much more sharply than most expect. It will reduce the ranks of the middle class.
This article originally appeared on <a target="_blank" href="https://www.businessspectator.com.au/">Business Spectator.</a>
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Australia's middle-income time bomb will take unemployment to above 6%, real estate agents included

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Singapore-based hotel group SilverNeedle Hospitality has acquired the four-star Chifley at Lennons Hotel (also known as the Lennons Plaza hotel) in the Brisbane CBD for around $57 million.
The hotel has been acquired from the Abacus Property Group which valued it at $55 million in June this year.
It last traded for $29.75 million in 2004.
SilverNeedle was due to acquire the hotel in partnership with Fijian-based hotel and construction company Reddy Group, but it did not go ahead with SilverNeedle acquiring the hotel on its own.
The sale was brokered by CBRE Hotels senior director Wayne Bunz and Jones Lang LaSalle Hotels vice-presidents for investment sales Peter Harper and Dean Humphries.
The hotel is one of the best located in the city, standing at 66 Queen Street Mall and is already managed by SilverNeedle under its Chifley brand.
It was formerly called the Country Comfort Lennons Hotel and stands on the site of the General MacArthur's Pacific headquarters during the Second World War.
It features 154 guest rooms as well as 3,695 square metres of commercial office space and 750 square metres of prime ground floor retail fronting the Queen Street Mall.
SilverNeedle will convert refurbish the hotel and convert the existing commercial office space into hotel accomodation, doubling the room count to 300.
The revamped hotel is set to open in 2014 in time for the G20 summit and will be rebranded as NEXT hotel, a new brand to be launched by SilverNeedle in Australia.
The purchase of the Chifley at Lennons follows a number of prominent Australian CBD hotels snapped up by Asian investors.
In July the 100-year old Rendezvous Hotel on Flinders Street being acquired in July by Singapore property Straits Trading Company for $61 million as part of its expansion in Australia.
In June the Sydney Harbour Marriott, the Brisbane Marriott and the Melbourne Marriott were been bought by Malaysia-listed Starhill Real Estate Investment Trust, managed by Malaysian conglomerate YTL Corp for $415 million. The Marriott properties formed part of Colonial First State’s (CFS) Commonwealth Property Hotel Fund.
SilverNeedle, which was formely called Constellation Hotels, owns and manages around 67 hotels across the Asia-Pacific region.
It is a privately owned company, majority-owned by IT entrepreneur Nadathur S. Raghavan.
Raghavan told The Australian he would be looking at other acquisition in Melbourne, Perth and Sydney after “digesting” the Brisbane acquisition.
In Australia, SilverNeedle operates around 4,400 rooms in Australia under the Grand Chifley, Chifley, Australis, Country Comfort and Sundowner brands.
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Brisbane Chifley at Lennons Hotel acquired by Singapore hotel group for $57 million

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I’m not sure about you, but it seems to me here we are in 2012 and every government in Australia is crying poor. Without drilling too deep, the common denominator is usually bad management and policies. So why are they stone motherless broke?
In fairness, it is not unique to Australia, it is a worldwide epidemic. Why is it that we have in our businesses and homes state-of-the-art technologies with the world’s highest electricity prices? This reminds me of the saying “politicians and nappies have one thing in common – both need to be changed regularly, and for the same reason”. Best practice is replaced with best guess where budgets are premised on a wing and a prayer.
<a target="_blank" href="https://www.businessspectator.com.au/bs.nsf/Article/State-budgets-may-face-deficits-on-falling-commodi-pd20120903-XRRUL?OpenDocument" title="State budgets face deficits on commodity prices">State budgets face deficits on commodity prices</a> the WA and Queensland budgets could be thrown into deficit to the tune of nearly $2 billion dollars as falling commodity prices hit their resources dependent economies. <a target="_blank" href="https://www.businessspectator.com.au/bs.nsf/Article/mining-royalties-queensland-coal-jac-nasser-gottli-pd20120913-Y3T6T?opendocument&amp;src=rss" title="The lies that blind and mining suffers ">The lies that blind and mining suffers </a>– “When is the duty of a state premier, or any leading minister, to tell the public the whole truth?” All we see with mining companies is the government's now taxing the bejesus out of them, so little wonder that pipeline of investment starts to be scaled down. Australia's politicians now find themselves in the position where <a target="_blank" href="https://www.smh.com.au/opinion/politics/promises-promises-now-its-time-to-do-the-sums-20120907-25jc6" title=" promises, promises, now it’s time to do the sums.">after the promises, now it’s time to do the sums.</a>
<a target="_blank" href="https://www.businessspectator.com.au/bs.nsf/Article/Businesses-furious-over-govt-cuts-to-tax-breaks-pd20120907-XWR2Y?opendocument&amp;src=rss" title="Businesses furious over govt cuts to tax breaks">Businesses are furious over government cuts to tax breaks</a>. Corporate Australia has reportedly been told (despite its protests), Labor is planning to go ahead with cuts to tax breaks and incentives worth a total of $6 billion to help achieve budget tax savings. The federal budget has, collapsed which would explain why <a target="_blank" href="https://www.smh.com.au/opinion/political-news/poll-position-gillard-arms-labor-for-early-election-with-new-committee-20120904-25cor" title="Poll position: Gillard arms Labor for early election with new committee">Gillard is arming Labor for early election with new committee</a>, and the word on the street is a March election. The Gillard government won’t go to the polls after the May budget in 2013 due to a massive blow-out! <a target="_blank" href="https://www.businessspectator.com.au/bs.nsf/Article/iron-ore-boom-federal-budget-Swan-China-GFC-pd20120910-XYRQH?opendocument&amp;src=rss" title="The bust that Swan didn’t see,">This is the bust that Swan didn’t see,</a> and remember where you heard it first!
{yoogallery src=[images/stories/2012/09/sept12altona]}
In real estate talk Altona (pictured above) is spoken as Australia’s premier property given its amazing pedigree.<a target="_blank" href="https://www.propertyobserver.com.au/news/altona-the-point-piper-harboufront-officially-listed-at-%24us569-million/2012091156517" title="Altona, the Point Piper harbour front, officially listed at $US56.9 million">Altona, the Point Piper harbourfront, has been  officially listed at $US56.9 million</a>, which is an amazing revelation or one huge faux pas on behalf by one listing agent, considering that up until now, the asking price has been somewhat of an industry secret.
Shock horror – <a target="_blank" href="https://www.propertyobserver.com.au/residential/residential-property-capital-growth-has-stalled-in-five-years-since-gfc-rp-data-s-cameron-kusher/2012091056482" title="residential property capital growth has stalled in five years since GFC: RP Data’s Cameron Kusher.">residential property capital growth has stalled in five years since GFC, says RP Data’s Cameron Kusher.</a> Apart from the economic factors, the slowdown in capital gains can also be attributed to the fact that consumers have increased their level of savings and have subsequently reduced their levels of spending (particularly for housing).
<img src="/images/stories/2012/09/capscombined.gif">
<a target="_blank" href="https://www.propertyobserver.com.au/land/unit-starts-boost-residential-construction-in-june-quarter-but-house-starts-fall-to-11-year-low-abs/2012091256526" title="Unit starts boost residential construction in June quarter but house starts fall to 11 – year low">Unit starts boosted residential construction in June quarter, but house starts fell to 11-year low</a>. There has been absolutely no government enquiry (to date) as to why. The pressure test for the top-end Sydney markets were dumbfounded this week when <a target="_blank" href="https://www.propertyobserver.com.au/developments/pacific-bondi-beach-buyers-riding-the-property-wave-through-to-the-2015-tide/2012090956465" title="Pacific Bondi Beach buyers riding the property wave through to the 2015 tide ">Pacific Bondi Beach buyers riding the property wave through to the 2015 tide, </a>where the first release (last weekend) resulted in 74 of the 76 apartments selling for the asking prices. The sales ranged from one-bedroom apartments for $1.9 million (70 square metres) to penthouses for $10.3 million. These are boom market results, although I agree with BIS Shrapnel's Frank Gelber that <a target="_blank" href="https://www.propertyobserver.com.au/residential/new-housing-construction-recovery-a-year-off-and-will-be-uneven-bis-shrapnel-s-frank-gelber/2012091356557" title="new housing construction recovery a year off and will be uneven: BIS Shrapnel’s Frank Gelber">new housing construction recovery a year off and will be uneven</a>.
<a target="_blank" href="https://www.propertyobserver.com.au/economy/with-interest-rates-and-unemployment-low-there-are-economic-positive-signs-all-around-mark-bouris/2012090956456" title="With interest rates and unemployment low, there are economic positive signs all around: Mark Bouris ">With interest rates and unemployment low, there are economic positive signs all around, says YBR's Mark Bouris,</a> which leads me to explain why. There is too much emphasis on what the Reserve Bank of Australia (RBA) does with the cash rate. Interest rates should be organically controlled through completion. This week, the home loans war got angrier when ME Bank cut its three-year rate to 5.39%, which is about 0.5 percentage points below the major banks. No RBA intervention because the bank knows rates will go a lot lower. ME Bank left the first clue – without RBA intervention.
The Mosman September marketing campaigns conclude over the next week (from Saturday) before the school holidays commence (again). If I’m reading the market correctly, the 120 houses on the market this week should start reducing.
Robert Simeon is a director of <a title="RWM" href="https://www.rwm.com.au/" target="_blank">Richardson  Wrench Mosman and Neutral Bay </a>and has been selling residential real estate in Sydney since 1985. He has also been writing real estate blog <a title="Virtual Realty News" href="https://www.rwm.com.au/news/" target="_blank">Virtual Realty News</a> since 2000. The RWM real estate model has sold in excess of $1 billion in database sales globally.
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robertsimeon-hRNTwJyXkQ

Governments crying poor, some booming – if uneven – results in the housing market

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So you’ve settled on a suburb or area that you want to invest in, and you’ve narrowed it down to a handful of competing developments.
They’re all in great spots, in similar price ranges.
How do you separate them?
One of the biggest mistakes clever investors make is to ignore what I call the four Fs – facilities, fixtures, fittings and finish.
There are 10 four F trends you must be aware of.
1. Smart living: data cabling and wireless
Everybody needs the net at home. Make sure your property has smart wiring built into the walls – you don’t want to add it later. Most developers now offer data and TV cabling to most living and study areas, and demand will only increase. If your development is solid concrete, where can tenants use wireless internet devices, or even mobile phones?
2.  Lap pool and gym
Forget the old jellybean shape; the hot new trend is a lap pool. They create a quieter environment too, because they’re less about “play” and more about exercise and wellbeing. Well-equipped gyms are becoming much more common in small to mid-size developments.
3.  Shared spaces: quality and quantity
Large developments used to have a pool and a barbecue space; now there’s a trend for smaller developments to provide a wide selection of shared spaces for residents to enjoy. Small theatres, rooftop lounges, boardrooms and function rooms – these are all “bang on trend” at the moment.
4.  Natural ventilation and air-conditioning
Some tenants will rely on air-conditioning. Others don’t want an electricity bill up in the stratosphere, so they’re demanding natural ventilation. Either way, there’s a clear trend towards apartments that cost less to live in. Can you control the air-con to shut off rooms you’re not using?
5.  Natural light and energy-efficient light fittings
The big trend towards energy efficiency means ample windows, aspect and surrounding buildings all play a role. A certain proportion of a new dwelling’s light fittings are required to be “energy efficient”; ask the developer about fittings that are used every night.
6.  Two-pack cabinetry and stone benchtops
A few years ago, quality two-pack cabinetry and stone benches only featured in the kitchens and bathrooms of the most expensive houses. Now you’ll find them in most mid-range apartments. Don’t settle for less; they will last longer. Another quality trend: “soft-close” drawers – if Ikea can make them standard, so can your developer.
7.  Kitchen appliances: quality and function
Stainless steel is still hot and will probably never go out of fashion. But it’s the little details ticking boxes these days: a fridge dispensing ice and water; a bigger oven; a wider cooktop; a built-in coffee machine. Negotiate just one “wow” factor into your kitchen, and tenants will love you.
8.  Floors: tough and durable
The trend here is for longevity. Carpets are generally darker and limited to bedrooms. The most durable living area floor is a tiled one – glossy or matte, pick any style you like as long as it’s not terracotta. Their day has passed!
9.  Storage: clever and plentiful
Not so much a trend as a fact of life – we all need somewhere to put our stuff. The more storage space in an apartment, the better.
10. Style: modern and comfortable
Just like a good wine, you want your property to age well. The trend for finishes is simple: modern, spacious designs that can stand the test of time, but are also welcoming, comfortable – and feel like a home.
So next time you go into a display suite or onto a new estate, ask the sales rep to tell you about their four Fs.
Michael Matusik is the founder of <a target="_blank" href="https://www.matusik.com.au/">Matusik Property Insights</a>, which has helped over 550 new residential projects come to fruition.  Read <a target="_blank" href="https://www.matusikmissive.com.au/" title="blocked::https://www.matusikmissive.wordpress.com /">Michael's blog</a> or follow him on <a target="_blank" href="https://www.twitter.com/michaelmatusik">Twitter</a> or connect via <a href="https://www.linkedin.com/in/michaelmatusik">LinkedIn</a>.
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michaelmatusik-49YzLvdmNv

Don't ignore the four Fs of residential developments

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Property investment options under $300,000 in Melbourne are relatively limited unless you’re prepared to compromise on quality or are willing to spend extra on renovations, reports Herron Todd White in its September review of residential buying opportunities in this price bracket.
But further afield, in regional Victoria, options under this benchmark (close to the size of an average Australian mortgage, according to the ABS) are much more plentiful – provided you’re not too snobbish about buying a 1970s or 1980s-era brick veneer house.
Examples include <a href="https://www.realestateview.com.au/Real-Estate/8-king-street-warragul/Property-Details-buy-residential-4436857" target="_blank">this well-kept three-bedroom brick veneer home on King Street</a> in Warragul, Gippsland (pictured below), listed for a negotiable $269,000 on an 800-square-metre block by South East Real Estate. The property was rented at around $220 per week in 2009, a yield of 4.25%. It was listed for sale in March 2010 for $250,000 but failed to sell.
<img src="/images/stories/2012/09/kingst.jpg" width="470">
According to HTW, suburban investment options under $300,000 in Melbourne stretch from close to the city, incorporating up-and-coming suburbs like Preston and Coburg, to as far north as Craigieburn, where Stockland’s Highland master-planned community is being developed.
In these suburbs, the best options in this price bracket are one and two-bedroom apartments.
Investors or owner-occupiers can snap up <a href="https://www.realestateview.com.au/Real-Estate/109-19-pentridge-boulevard-coburg/Property-Details-buy-residential-4184251" target="_blank">this one-bedroom apartment</a> (below) overlooking the walls of the former Pentridge Prison, which is listed at $269,000 by Stockdale &amp; Leggo Carlton. A third-storey one-bedroom apartment in the same development sold for $343,000 in July this year.
<img src="/images/stories/2012/09/pentridge.jpg" width="470">
In Preston the range is restricted primarily to one-bedroom units.
Two-bedroom units are available in this price range, but HTW says they will be in a poor location or in extremely poor condition.
Currently priced at just under $300,000 is a<a target="_blank" href="https://www.realestate.com.au/property-apartment-vic-preston-111520555"> modern one-bedroom unit</a> (pictured below) by Mario Tucci of Harcourts Thomastown. RP Data show the property was last rented at $290 per week in 2009 – a yield of just over 5%. The property has been up for sale through a variety of campaigns since July 2011, seeking offers above $270,000.
<img src="/images/stories/2012/09/gilbertrd.jpg" width="470">
 
<hr class="system-pagebreak">
 
For investors, HTW says prospects in inner suburbs like Preston and Coburg are enticing, as rental returns are still competitive, with one-bedroom apartments selling for under $300,000 but still commanding rental returns above $1,200 per month.
“Investing in the outer suburbs throws up more uncertainty, as the perception that these undeveloped suburbs creates risk and doubt leads to them experiencing slower growth patterns," says HTW.
Investors with more patience and a long-term holding approach could benefit, with HTW expecting growth to come once these suburbs are established in terms of infrastructure and the anticipated planning comes to fruition.
Moving out towards the fringes, HTW says it is very hard to find “liveable” homes for under $300,000 even in places like Wollert, around 30 kilometres from the CBD in Whittlesea.
“To enter into the market in the northern suburbs around Craigieburn and Wollert, a family requiring a 3- bedroom home can be expected to pay around $350,000. Closer into the city around Pascoe Vale prices will start from $360,000 to $370,000 range.
“The houses for this price are very basic and will often be in the poorer locations of the suburbs.”
Investors can pick up a house-and-land package for just above $300,000, with a <a target="_blank" href="https://www.stockland.com.au/residential/vic/eucalypt-packages.aspx?pid=784&amp;k=4e5a43c6ae974281bc8abc5ffb90066b&amp;fi=0">new three-bedroom, two-bathroom house</a> (pictured below) on a 263-square-metre lot selling in Stockland’s Eucalypt development in Wollert for $320,000.
<img src="/images/stories/2012/09/eucalypt.jpg" width="470">
Moving outside of Melbourne, there are numerous sub-$300,000 opportunities in the Gippsland region, an area that begins immediately east of the suburbs of Melbourne and stretching to the New South Wales border.
“Within our local area $300,000 presents buyers with a number of options,” says HTW
Gippsland
<ul>
<li>
Warragul and Drouin: well-located circa 1970s to 1980s brick veneer home in good condition or alternatively an entry-level house-and-land package in a new subdivision</li>
<li>
Moe, Morwell or Newborough: a good quality circa 1980s to early 1990s brick veneer home</li>
<li>
Morwell and Newborough: HTW reports some recent sales of 1970s units well under the $300,000 mark “and admittedly where not very stylish or trendy, they do return in the range of 7% to 9% gross rental”.</li>
<li>
Moe and Morwell: large numbers of basic commission-style dwellings available between $90,000 to $150,000, which show gross rental returns of between 7 to 9%.</li>
<li>
Sale/Maffra:  a three- to four-bedroom, two-bathroom brick veneer home in an established area, generally circa 1980s to 1990s, on land sizes between 700 and 1,000 square metres.</li>
<li>
Sale: a modern (circa 2005 onwards) townhouse in reasonable proximity to the CBD.</li>
<li>
Maffra: a modern townhouse generally closer in to the CBD than in Sale</li>
<li>
Loch Sport/Golden Beach/Paradise Beach/Seaspray: a modern house in a good location, generally with reasonable water views (Loch Sport) or access to the beach (Golden Beach/Paradise Beach/Seaspray) with rental returns of about 5% for a $300,000 investment</li>
<li>
Sale and Traralgon: circa 1980 three- and four-bedroom dwelling in good location on a large block, a renovated older-style weatherboard dwelling in a central location, a brand -ew townhouse with good rental return of 6% plus.</li>
<li>
Churchill: you can pick up two 1970s brick veneer dwellings earning up to 7% return, also older style rural residential property on one acre.</li>
<li>
Rosedale: new house-and-land package four-bedroom home on 800-square-metre to 900-square-metre block, older-style rural residential property on one to five acres.</li>
</ul>
Mildura
 There are plenty of options, with the HTW database showing that $300,000 is above the median sales price.  In this price range it is possible to buy a brick veneer three- or even four-bedroom home built in the period from 1995 to 2006 on a reasonable sized allotment.
“The home won’t come with a pool and will have an average fit-out, but will most likely have some established landscaping and not need any immediate upgrading,” says HTW.
Other options in Mildura include compact four-bedroom homes bought off the plan by one of several project builders currently active in Mildura, with dwellings generally less than 140 square metres located in more of a fringe location.
“We see good prospects for this segment, $300,000 is relatively affordable for any professional people moving to Mildura, and while buyers have been able to be selective in the flat market that has persisted for the past two to three years, there is likely to be on going demand from owner-occupiers and investors alike," says HTW.
“The most active buyers of the new dwellings have been 'out of town' investors, keen to capitalise on the tight rental market and potential to obtain 6% gross rental returns combined with higher depreciation allowances than would be obtained from older dwellings.”
<a href="https://www.propertyobserver.com.au/new-south-wales/from-potts-point-to-the-central-coast-17-property-investment-options-in-nsw-for-under-%24300000-htw/2012091256531">Click here for HTW sub-$300,000 recommendations in NSW.</a>
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Little to entice sub-$300,000 investors in Melbourne, but 'brick veneer' is the word in regional Victoria: HTW

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The Kew property fronted since May by the popular restaurant St Katherine's, aka as St Kat's – and leased to MasterChef's George Calombaris and his business associate Shane Dalia – has been sold.
It fetched $4.31 million when offered through Jones Lang LaSalle in conjunction with Fitzroys.
The Cotham Road property was reportedly sold to an investor from China.
The investor will secure about $251,000 annual rent from the St Katherine's tenancy.
While Cotham Road is not considered a super-prime retail strip by analysts, the asset traded at a yield of 5.83%.
The two-storey, 635-square-metre building sits on a 515-square-metre block with long-term redevelopment potential.
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