Eddy Haddad's <a href="https://www.apartments.com.au/developers/level-33">Level 33</a> is levelling up its approved Wollongong development, as the coastal city south of Sydney continues to prove popular in the high-density development space.

Level 33, a longtime developer in the Wollongong area, has gone through the NSW Government's Housing Delivery Authority to upsize its approved two-tower development on the corner of Crown Street and Gladstone Avenue, just 100 metres from Wollongong Station.

The developer currently has approval for 252 apartments across two buildings rising to 19 storeys. It is now seeking approval for 33 and 38-storey towers that would deliver 467 apartments, including 67 affordable homes.

Designed by <a href="https://www.apartments.com.au/architects/bka-architecture">BKA Architecture</a>, the development would comprise apartments above a three-level podium with around 1,100 sqm of retail space, along with basement parking for 448 vehicles.

According to the Urban Design Report by BKA, the proposal has the capacity to "reinforce the precinct's identity by strengthening links between health, education, and transport services, while also contributing to Wollongong's ongoing evolution as a key regional centre."

Wollongong is somewhat in vogue. Between Level 33 and Urban Property Group, the two developers have several thousand apartments planned across the city.

Level 33 is currently delivering Easterly Wollongong, one of its most boutique projects to date with just 21 high-end apartments, as well as Atchison &amp; Kenny, a 329-apartment development due for completion later this year. The developer also plans to redevelop the 13,088 sqm WIN Grand megasite into a new $500 million precinct with nearly 600 apartments and has more than 900 apartments planned for the former Bunnings Warehouse site at the intersection of Gipps and Flinders streets.

Urban Property Group is also playing a major role in the city's transformation. Its five-tower Keira Place precinct will deliver more than 800 homes, and it has recently lodged plans for a further 300 apartments near Wollongong Station.

Joel Robinson

First look: Level 33 upsizes Wollongong apartment towers

Just a week after filing plans for the final stage of its major Keira Place masterplan, <a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has unveiled another significant housing proposal in Wollongong, this time targeting a prominent site opposite North Wollongong Station.

The developer has lodged a State Significant Development Application for a 38-storey mixed-use tower at <a href="https://www.apartments.com.au/new-apartments/4-4a-flinders-street-north-wollongong-nsw-2500">4-4A Flinders Street</a>, around one kilometre north of the <a href="https://www.apartments.com.au/new-apartments/keira-place-wollongong-120-122-smith-street-wollongong-nsw-2500">Keira Place precinct</a> currently taking shape on the edge of the CBD.

<img alt="First look: Urban Property Group plans 38-storey North Wollongong tower as Keira Place expansion gathers pace" data-entity-type="file" data-entity-uuid="2b6428f1-6405-4038-8476-897de440e90d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/flinders%20podium.png?VersionId=QLqEvK0OuCEwRC47oHNftrw2B1YqaHF8" />

Designed by Studio.SC, the proposal comprises a 38-storey mixed-use development containing 303 apartments, including 45 affordable housing units, alongside 174 co-living residences. The scheme also includes ground-floor retail space, extensive landscaping and public domain improvements.

Studio.SC noted in the proposal it "outlines a vision for a landmark transit-oriented mixed-use development centred around North Wollongong Station, designed to support the city’s future growth while responding to the NSW Government’s housing and planning reforms."

The architecture firm said the proposal responds to the opportunities and constraints shaping future growth within the 400-metre catchment of the station and represents "a coordinated and future-focused approach to urban intensification, contributing to the long-term evolution of North Wollongong as a connected, walkable and high-density station precinct."

The site occupies a strategic corner bounded by Flinders Street, Station Street, Stafford Street and the Princes Highway, directly opposite North Wollongong Station.

<img alt="First look: Urban Property Group plans 38-storey North Wollongong tower as Keira Place expansion gathers pace" data-entity-type="file" data-entity-uuid="7863adad-1f71-4022-b850-f44b252738fd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/flinders%20podium%20a.png?VersionId=WsU7av0g8_8R2tGHWxgHeFSlhu7yeY1V" />

The proposal follows Urban Property Group's recent submission for the second and final stage of Keira Place, which would deliver a further three buildings comprising 657 homes opposite Beaton Park. It builds on the first stage, which features 150 apartments across two towers and recently commenced construction.

Urban Property Group CEO Patrick Elias said breaking ground on the first stage marked a significant milestone for Wollongong and reflected the developer's long-term commitment to regional cities.

"Today's groundbreaking is about turning approvals into homes and moving quickly to deliver much-needed housing in Wollongong's city centre," Elias said.

"Keira Place will provide a diverse mix of homes close to jobs, transport and services, while setting a high benchmark for quality, durability and consumer protection."

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/urban-property-group-unveils-trio-of-towers-for-next-stage-of-new-wollongong-precinct-keira-place">Urban Property Group unveils trio of towers for next stage of new Wollongong precinct, Keira Place</a>

First look: Urban Property Group plans next major Wollongong tower

<a href="https://www.apartments.com.au/developers/arada">Arada</a> has wasted little time expanding its ambitions in Campsie, lodging plans for a second major project in the rapidly transforming town centre just months after unveiling its three-tower One Campsie proposal on Beamish Street.

The UAE-backed developer has now taken aim at one of the suburb’s most strategically positioned sites, filing a State Significant Development Application for a <a href="https://www.apartments.com.au/new-apartments/10-north-parade-campsie-nsw-2194">33-storey mixed-use tower</a> at 10 London Street and 43 North Parade, directly opposite the future Campsie Metro Station. The proposal is currently on public exhibition and represents another significant vote of confidence in Campsie's emergence as one of Sydney’s key transit-oriented growth centres.

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the development would deliver 156 apartments above a podium containing retail and commercial space, creating a new residential and commercial gateway to the town centre. The scheme also includes a four-level above-ground parking podium and a dedicated residential amenity floor featuring wellness and recreation facilities. At least 10 per cent of the apartments would be allocated as affordable housing for a period of 10 years.

The proposal occupies a 1,631 sqm site bounded by London Street, North Parade and Dispensary Lane, immediately adjoining the future Metro station precinct and just metres from Beamish Street’s retail and dining strip. According to the Urban Design Report, the project seeks to deliver "a great place that prioritises human-scaled experience and provides spatial improvements to the area."

<img alt="First look: Arada doubles down in Campsie with 33-storey Metro-front tower plans" data-entity-type="file" data-entity-uuid="175a8324-015b-4856-abe3-ce6f23199fa7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium%20campsie.png?VersionId=742UGwXFhFBX4GEl6wX4PYIWREAgn6il" />

Woods Bagot describes the tower as a key marker within Campsie's next phase of growth.

"Located directly opposite the new Campsie Metro Station on North Parade, 10 London Street is a thoughtfully composed 33-storey mixed-use tower that contributes to the ongoing transformation of the town centre," the Architectural Design Report states. The report says the project is intended to provide "high-quality homes within a vibrant, connected urban environment, while helping define Campsie's future skyline."

A strong emphasis has been placed on the public realm. The ground floor incorporates over 500 sqm of retail space and active frontages along both London Street and North Parade, while the podium is wrapped by extensive landscaped planting intended to soften the building's scale and strengthen the pedestrian experience. The development would also widen surrounding footpaths and improve connections between the Metro station and the broader town centre.

Above the podium, residents would have access to more than 1,400 sqm of communal amenities, including a pool, gym and landscaped recreation spaces. A distinctive green-wall treatment extending across four podium levels forms a major architectural feature, helping differentiate the project within the emerging high-density precinct.

The tower's design is closely tied to the broader Campsie Town Centre Master Plan and the arrival of Sydney Metro. The Urban Design Report notes the proposal "directly supports the Campsie Town Centre Master Plan by delivering new homes in a location explicitly identified for growth, improved accessibility, and high-quality urban renewal." It adds that the project contributes to the master plan's vision for a strengthened town centre supported by thousands of new homes around the future Metro station.

<img alt="First look: Arada doubles down in Campsie with 33-storey Metro-front tower plans" data-entity-type="file" data-entity-uuid="bfd17654-253e-489a-bade-6278d63db412" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/base%20campsie.png?VersionId=3roJPMQGs36dazpkhvpvbDDP73Ld.Ica" />

The application follows Arada's recently lodged One Campsie project at 124–142 Beamish Street and 16–18 Ninth Avenue, where the developer is seeking approval for 346 apartments across three towers rising 24, 32 and 39 storeys. Together, the two proposals would cement Arada as one of the most influential developers shaping Campsie's future urban form.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-arada-files-for-trio-of-apartment-towers-in-campsie-town-centre">First Look: Arada files for trio of apartment towers in Campsie town centre</a>

Arada entered the Australian market in 2024 and has rapidly assembled a significant development pipeline across Sydney. Alongside its Campsie holdings, the developer is soon to launch <a href="https://www.apartments.com.au/new-apartments/wattle-green-2-fishburn-crescent-castle-hill-nsw-2154">Wattle Green</a> in Castle Hill, and has expanded its local operations following its acquisition of construction firm Roberts &amp; Co.

Located around 14 kilometres south-west of the Sydney CBD, the site sits at the centre of one of Sydney's fastest-changing middle-ring precincts. The Metro conversion of Campsie Station, combined with Canterbury-Bankstown Council's master planning framework, is driving significant residential intensification around Beamish Street and North Parade, with thousands of new homes expected over coming decades.

First look: Arada doubles down in Campsie with 33-storey Metro-front tower plans

For the first time in a long time, Australia's inflation story is starting to look more like a landing than a fight.

The latest Consumer Price Index figures from the Australian Bureau of Statistics showed annual inflation eased to four per cent in May, down from 4.2 per cent in April. On the surface, that might not seem like a major move. Inflation remains above the Reserve Bank's target range and some categories continue to record stubborn price growth.

But the significance of this result lies less in where inflation sits today and more in what it means for where interest rates are likely heading next.

The biggest takeaway is that inflation continues to move in the right direction.

Markets had been bracing for another sticky result after a period where progress appeared to stall. Instead, headline inflation came in softer than expected, helped by falling fuel prices and easing transport costs. Annual transport inflation halved from 6.6 per cent in April to 3.3 per cent in May, while automotive fuel prices fell 11.9 per cent during the month following lower oil prices and the impact of reduced fuel excise measures.

While petrol prices don't solve Australia's affordability challenges, they are one of the most visible and immediate costs for consumers. Falling fuel costs feed through the economy quickly, helping ease pressure on household budgets and business operating expenses.

The ABS data also showed headline inflation is now sitting at its lowest annual level in several months, reinforcing the broader trend that price growth is gradually moderating.

That trend is important because it aligns with what many economists and lenders have been saying for the last month.

Prior to this week's inflation data, ANZ, NAB and Commonwealth Bank had all shifted their forecasts, now believing the Reserve Bank had likely reached the peak of the interest rate cycle. Following the May inflation release, ANZ reaffirmed that view.

In its latest economic update, ANZ said it expects quarterly trimmed mean inflation to come in at 3.7 per cent for the June quarter, slightly below the Reserve Bank's forecast of 3.8 per cent. Importantly, the bank said that outcome, when combined with slowing economic activity, "supports our view that the cash rate has peaked".

The Reserve Bank has spent the better part of three years attempting to bring inflation under control through higher interest rates. If Australia's major banks are correct and rates have now peaked, the conversation shifts from how much higher rates could go to when they might begin coming down.

Westpac's caution comes from underlying inflation. The trimmed mean, the measure most closely watched by the Reserve Bank, increased from 3.4 per cent to 3.6 per cent annually. Housing inflation remains elevated at 6.5 per cent, reflecting ongoing increases in rents, electricity costs and new dwelling construction.

Electricity prices remain particularly problematic, rising 21.1 per cent over the past year following the removal of government rebates.

Housing construction costs are also showing signs of renewed pressure. ANZ noted new dwelling costs rose 0.9 per cent in May and are now running at an annualised pace of 8.6 per cent over the past three months. Builders continue to face higher labour, fuel and material costs, a reminder that inflationary pressures have not completely disappeared.

Housing affordability has deteriorated largely because of higher interest rates rather than higher property prices alone. Even modest reductions in mortgage rates would improve borrowing capacity, increase buyer confidence and reduce repayment pressure on existing homeowners.

While August is far from a certainty, the latest inflation result has strengthened the view that the next move in rates is more likely to be down than up. For borrowers, buyers and the development sector, that alone represents a significant shift from the conversation that dominated much of the past two years.

The inflation result the property market was waiting for

Commercial property group FiveX is doubling down on its move into the residential space.

The group, founded by Joshua and Marko Berger more than five decades ago, has followed up its plans for a 39-storey tower on North Sydney's Alfred Street with a proposed 61-storey tower in Chatswood.

The new tower at <a href="https://www.apartments.com.au/new-apartments/815-pacific-highway-chatswood-nsw-2067">815 Pacific Highway</a>, which would be one of the tallest proposed in Chatswood in recent years, will comprise 490 apartments, 76 of which will be dedicated affordable housing and managed by Evolve Housing for a minimum of 15 years.

The project will replace the long-standing Panorama Building, originally known as the BMA Tower, a 14-storey office building completed in 1972 and designed by Hungarian-born architect Hugo Stossel. At the time of its completion, the building was the tallest structure in Chatswood and became a local landmark due to its distinctive curved form and external glass lift.

<img alt="FiveX" data-entity-type="file" data-entity-uuid="956bd299-3864-47a0-8ea6-162b5524c5d8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-24%20at%201.02.03%E2%80%AFPM.png?VersionId=EWx7teUr7RcYrI9mgRytwppwt5AdUDtb" />

fjcstudio is behind the designs. Its Architectural Design Report argues the ageing commercial building no longer reflects Chatswood's role as one of Sydney's key strategic centres and that the site is ideally positioned to support significantly higher residential density.

"The site is located at the heart of Chatswood, within the TOD accelerated rezoning area that supports higher density development around the new Metro station," the report states.

"The site's role within a walkable 400-metre radius catchment is where housing, employment, retail and community uses are encouraged to cluster in support of transit-oriented living."

<img alt="fjc" data-entity-type="file" data-entity-uuid="8d198f5e-cc71-4175-9357-be6ec7207473" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-24%20at%201.18.27%E2%80%AFPM.png?VersionId=5WUFc3IYBPvhQMBUYLCsjJhzdcVeYodE" />

The proposal has undergone two rounds of review by the NSW State Design Review Panel, with the design evolving through an extensive assessment process focused on design excellence, public realm outcomes, residential amenity and the integration of affordable housing.

fjcstudio says the residential component provides a diverse mix of apartment typologies, supporting a broad demographic and contributing to housing supply in a highly accessible location close to major transport, employment and retail infrastructure.

The application follows FiveX's plans for a 39-storey tower at <a href="https://www.apartments.com.au/new-apartments/275-alfred-street-north-north-sydney-nsw-2060">275 Alfred Street</a>, which it <a href="https://www.apartments.com.au/new-apartments/275-alfred-street-north-north-sydney-nsw-2060">submitted through the same NSW Government pathway</a> in December. That's for 184 apartments.

Recent activity in Chatswood includes Hyecorp launching its Archer Street project, Celine, and Develotek securing approval for a 34-storey tower.

First look: FiveX targets Chatswood skyline with 61-storey tower after North Sydney plans

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?

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A mortgagee development site in Jordan Springs has come onto the market via online auction.
Located at 2 Izaac Circuit, the 468 square metre block is residentially zoned.
It features a 30 metre street frontage.
The block previously sold in 2015 for $440,000.
Peter Stanford, from LJ Hooker Penrith, made the listing.
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Jordan Springs mortgagee development site listed for sale

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A Gosnells, West Australia mortgagee home has been sold for $225,000.
It was last listed for $250,000 before receiving an offer following an unsuccessful two year campaign.
The home was listed for $399,000 to $439,000 during the 2017-2019 marketing campaign.
Rick Rispoli of LJ Hooker marketed the three bedroom, two bathroom house.
Situated at <a href="https://www.realestate.com.au/property-house-wa-gosnells-132472226" target="_blank">22A Bert Street</a>, the home last sold for $380,000 in 2015.
Set on 935 sqm, the listing described the home as "suited for the savvy investor/developer" as it is zoned R30/R40.
Built in 1956, the home was listed as a rental seeking $220/pw in 2018.
<a href="https://www.propertyobserver.com.au/subscribe" target="_blank"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/1/Subscriber%20strip%20ad.jpg" alt=""></a>
The median price for a house in Gosnells is $276,000, according to CoreLogic data.
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j.ballantyne1990-6AQqhLzZaK

Gosnells, WA mortgagee home sold for $150,000 loss

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A Bundamba, Queensland mortgagee home has been sold for $269,000.
The sale marks a loss of $11,500 since the home last sold for $280,500 in 2015.
Gai Flynn of First National Real Estate marketed the house.
Situated at <a href="https://www.realestate.com.au/sold/property-house-qld-bundamba-133038298" target="_blank">12A Charles Street</a>, the abode is comprised of three bedrooms and one bathroom across two stories.
Set on 700 sqm, the house was previously marketed in 2019 when the vendors sought $319,000.
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The median house price in Bundambah is $308,000.
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Bundamba, Queensland mortgagee home sold for minor loss

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An Acacia Ridge, Queensland mortgagee home has been sold for $195,000.
The townhouse last sold for $250,000 in 2007.
As a result this latest sale represents a $55,000 reduction in value.
Mark and Debra Affleck of Elders Town &amp; Country marketed the property.
Situated at <a href="https://www.realestate.com.au/property-house-qld-acacia+ridge-132090306" target="_blank">13/80 Oswin Street</a>, the two level townhouse is a three bedroom, one bathroom abode.
Set on 181 sqm, the townhouse was described in the listing as "a great opportunity for first home owners, investors and buyers looking to downsize."
This property is located within a gated complex of Acacia Ridge, behind the Acacia Market Place. 
<a href="https://www.propertyobserver.com.au/subscribe" target="_blank"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/1/Subscriber%20strip%20ad.jpg" alt=""></a><a href="https://www.propertyobserver.com.au/administrator/index.php?option=com_content&amp;view=article&amp;layout=edit&amp;id=105990#metadata" data-toggle="tab"> </a>
The median price for a home in Acacia Ridge is $395,000 according to CoreLogic.
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Acacia Ridge, Queensland mortgagee home sold for minor loss

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A local investor has purchased a childcare centre in Mount Helen in Victoria from a local private for $4,275,000.
Located at 1848 Geelong Road, the centre is currently occupied by tenant Goodstart Early Learning. The yield achieved was 6.40%.
The 120 place child care centre provides fixed annual rental growth of 5% and is situated on a 3,187 sqm landholding with dual frontages. The centre is ideally situated opposite Federation University, IBM and other major organisations within Mount Helen
The deal was negotiated by Mark Stafford, Julian Heatherich and Benson Zhou from Savills Australia.
“Through our extensive database of highly qualified and motivated buyers, Savills was able to implement a strategic and targeted off-market database campaign, and ultimately achieve a premium result for our client’ said Mr Stafford.
Mr Stafford added that “the sale price highlights the ongoing demand we are experiencing for income generating assets, with high quality tenants throughout Victoria”.
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Mount Helen childcare centre sold to local investor

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One of the recent trends in real estate is more people moving from the big cities and buying in lifestyle areas within an hour or two of the city.
This movement has been enhanced by technology which allows people to work from home or by improved transport links.
I’ve described Regional Victoria as the strongest market in the nation over the past two years, based on data on sales activity and price growth in multiple locations.
And much of the uplift in markets within an hour or two of Melbourne – in the north, north-west and the south-east – has been driven by buyers out of Melbourne, both home-buyers and investors.
In the six months before the onset of the virus-induced restrictions, there had also been a notable increase in sales activity, with consequent positive impact on prices, in regional areas close to Sydney, including the Central Coast, the Southern Highlands and the Wollongong region.
I believe this trend will be further exacerbated by the current situation, which is forcing people to work from home.
Some will make it a permanent arrangement – and increasingly we are seeing media commentary to that effect.
An article last week in the Herald Sun in Melbourne said:
Many Melburnians will leave the city behind for regional Victoria during the coronavirus crisis, property experts say.
Agencies are reporting a “significant increase” in inquiries about regional properties from city dwellers “seeing the benefits” of working from home due to the COVID-19 lockdown, and keener than ever to escape the “madness” of Melbourne life.
Others are viewing the pandemic-impacted market as offering opportunity to get their feet on the property ladder in affordable areas.
A report from JLL says the COVID-19 quarantine policies have sent employees of all levels – from chief executives to junior staff – home with laptops to their kitchen tables.
“With this mass experiment under way, there is a belief among workplace experts that such set-ups could become more prevalent at companies large and small,” it says.
“Well beyond the peak of the crisis, corporate culture and, more than likely, the digital skills of global workforces, will have changed in significant ways. Location and working hours could become more flexible, leading to better productivity and improved work life balance for individuals.”
Gillian Rowbotham, human experience director – Australasia at JLL, says: “Given how suddenly everything changed, that tech has stood up pretty well, and people are mostly enjoying the flexibility to manage their day according to what needs to be done, I think we are inevitably entering a new dawn in the workplace experience.”
Interior architect Iva Durakovic suggests the success of working from home will mark the end of the office as we current know it, with remote working becoming the new norm.
The Associate Lecturer at UNSW Built Environment believes that remote working arrangements will continue long after the coronavirus pandemic has passed and will also change the nature of office spaces for the better.
"We already saw this idea of a distributed workforce getting stronger - and this will only accelerate it,” she says.
She says that widespread working from home is shaking up the role of the traditional workplace and highlighting what is truly valuable.
"It will break down what we need to come to a traditional workplace for, like face-to-face contact, and the way the future work environment looks. And it will be very different."
All of this has consequences for real estate. It provides another good reason for property investors to consider regional real estate, which offers greater affordability and higher rental yields than the big cities – and, if you choose your location well, good potential for capital growth.
We’ve seen excellent price growth in the past year or two, not only in Regional Victoria, but also in regional locations in NSW, Tasmania, South Australia and increasingly in Queensland.
TERRY RYDER is the founder of hotspotting.com.au
<a href="https://mailto:ryder@hotspotting.com.au">ryder@hotspotting.com.au</a>
twitter.com/hotspotting
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terryryder-YECXbqmri2

Regionalisation: The positive real estate trends exacerbated by COVID-19: HotSpotting's Terry Ryder

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Mirvac has lodged a development application for the next stage in its $1 billion Waterfront Newstead community.
The DA significantly expand's the area's signature waterfront parkland, along with offering quality apartments, lifestyle amenities and retail.
Described as a building 'sculptured in the green', the new Sky Precinct features lush landscaped balconies matched with a ground-level tropical oasis of water, shaded enclaves and grassed areas, with 60 per cent of the 5,400sqm site, fronting Waterfront Park on the Brisbane River in Newstead, dedicated to open space.
Mirvac Queensland Residential General Manager Warwick Bible said the Mirvac team was 'tremendously excited' about the proposal for the Sky Precinct, which was set to follow in the footsteps of the previous landmark stages of Waterfront Newstead - Pier, Park and Unison.
Mr Bible said, "The proposed new building has been designed by the award-winning Mirvac Design team, who have worked hand in hand with landscape architects, RPS."
Mirvac Design’s Design Director, Michael Wiener, described the Sky Precinct as 'a park within a park' with green space providing the canvas for the built form.
Offering one, two and three bedroom apartments, with a limited collection of premium four bedroom residences, the Sky Precinct will boast views of the Brisbane River.
Mr Bible said, "at ground level, the Sky Precinct will boast a wellness centre for residents, complete with a gymnasium and yoga studio overlooking water features and tropical landscaping."
"Further up the building, a resident's lounge and private dining room offer the ideal space for special gatherings with premium finishes and panoramic views of the New Farm reach of the Brisbane River. Atop the building is a 25 metre infinity edge pool with views to the city and river, alongside a spa and barbeque terrace," he added.
Mr Bible said Mirvac's vision for the Sky Precinct was created following engagement with the local community.
The Sky Precinct, located at 58 Skyring Terrace, is being developed in-line with the Newstead and Teneriffe Waterfront Neighbourhood Plan.
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Mirvac lodges DA for $1 billion Waterfront Newstead community in Brisbane

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The <a href="https://www.yoursaydarebin.com.au/streetsforpeople">Streets for People</a> concept is all the rage in 2020. It is the new vocabulary used by agencies, planners, designers and communities to prioritise pedestrians and cyclists in our movement networks.

The concept itself is not rocket science.

<h2>The Streets for People Concept</h2>

A street is not just a conduit for movement. It can also be an inviting, vibrant place that supports the local community and economy.

Pre COVID-19 committed agencies were working hard to deliver Streets for People through finding the balance between providing for vehicles while fostering sustainable transport within the existing streetscape profile. Streets for People represents a paradigm shift in thinking about streets and road reservations as spaces for all users through the negotiation of confined road spaces. This initiative is a quintessential model of the marriage between strategic and <a href="/news/how-do-we-restore-the-publics-faith-in-transport-planning">transport planning</a>, and urban design.

Implementing successful streets for people goes beyond implementing bike paths. To achieve holistic people-oriented- places, infrastructure upgrades must also be paired with public realm improvements grounded by the following principles:

<ul>
<li>Prioritising People: To recognise people as key street users. Street design should maximise opportunities to improve pedestrian safety and amenity.</li>
	<li>Maximising vibrancy: To encourage activities to spill out onto the street from nearby buildings. Create opportunities for visible street activities.</li>
	<li>Minimising conflict: between the varying modes of transport, a higher priority given to pedestrians and cyclists without compromising the functional role of streets to support existing and future uses.</li>
	<li>Increasing cycling confidence: along the corridors by providing high-quality cycle infrastructure that is connected, easily navigated with varying degrees of separation from traffic.</li>
</ul>
<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/streets_for_people.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="989" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/streets_for_people.jpg?itok=6rO7qdGx" width="580"></a>

<figcaption>Movement and Place Concept. Image credit: VicRoads</figcaption></figure><h2>Streets for People vs Post COVID-19 Agoraphobia</h2>

Amsterdam's cycle-centric urban system is the by-product of the 1970s oil crisis.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/streets_for_people1.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="216" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/streets_for_people1.jpg?itok=W9FkB1Zm" width="580"></a>

<figcaption>Contemporary Amsterdam (right) and 1970s Amsterdam (left). Image credit: Sustainable AMS &amp; Schlijper</figcaption></figure>We can safely assume agoraphobia will be ongoing within the community in the coming months. Following the Stage 3 restrictions that were announced in late March, there was a recorded 80% drop in pedestrian <a href="https://www.arrb.com.au/latest-research/data-sheds-new-light-on-covid-19-effects">footfall in the CBD</a>. As pedestrian footfall drops, local businesses bear the consequence and further jobs could be lost.

To revive the local economy in the coming months is to support local businesses. These local businesses rely on passing trade, euphemistically termed the 'walking wallet'. Bringing people back to the streets is of paramount importance.

When the time comes for restrictions to be lifted, life will not be the same. Social distancing measures and <a href="/guides/covid-19-how-to-adapt-to-working-from-home">remote working arrangement</a> will continue in some capacity until there is a more permanent solution. Community anxiety for lingering in public space, using public transport and <a href="/guides/covid-19-is-it-possible-to-practise-social-distancing-at-home-absolutely">social distancing</a> will continue to influence the way we live. Vibrant places such as the CBD, or local shopping strips will be impacted.

It's far too early to find a silver-lining in COVID-19. However, you may have noticed as we're facing the crisis there has been an uptick in creative problem-solving.

<h2>When our driving habit is disrupted, creativity follows</h2>

In a bid to avoid public transport, commuters have dusted off their bikes.  Bike shops are seeing a spike in new riders. Most of whom have not ridden in years, myself included.

From my home office, supporting local businesses includes buying our groceries and getting coffee from local shops. I was not alone. This spending habit becomes more frequent and in demand. My local streets are experiencing an increase in pedestrian and cycling activity. It is more pertinent now than ever before to start reorganising our streets in response to increasing walking and cycling demand.

New Zealand is already creating a funding stream to facilitate wider footpaths and bike lanes quickly through <a href="https://www.beehive.govt.nz/release/govt-fund-temporary-cycleways-and-footpaths-post-covid-19-lockdown">tactical urbanism</a>. It will enable the community to practice safe social distancing, nurture long-term behavioural change and visually add vibrancy to the streets.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/streets_for_people2.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/streets_for_people2.jpg?itok=yZPjQPWJ" width="580"></a>

<figcaption>Federal Street in Auckland; more cycleways, extended footpaths - an example of how our cities will be redesigned for COVID-19 style social distancing. Image credit: bikeauckland.org.nz
</figcaption></figure><h2>Embrace the unlikely partnership</h2>

Unlike in the context of natural-disaster recovery projects, we can occupy and expand existing infrastructures. Shopfronts can continue to cater to tenancies and generate the desired pedestrian footfall to encourage local spending and bring back the vibrancy of a local area. A vibrant street is a viable street that supports much-needed employment in post-COVID-19.

Without relying on cafés as a trigger for place-activation, this is the time to reconsider what other uses can generate pedestrian footfall and <a href="https://www.citylab.com/design/2013/07/streets-can-be-public-spaces-too/6235/">re-activate the street</a>. Temporary, or pop-up working space, or shop fronts for universities, art installations, major shopping centres, or sole operators are ways to utilise existing infrastructure in the short term. Being within the community, to engage and contribute back to the local economy is one way to break down the invisible barrier that some of existing campuses, or shopping centres are modelled on.

<h2>Delivering streets for people in a time of crisis</h2>

Not too long ago, streetscape upgrades for footpaths and <a href="https://www.bicyclenetwork.com.au/our-campaigns/footpath-riding/">bike lanes</a> were rarely prioritised. With an array of stakeholders and decision-makers, often, negotiation for car parking and traffic lane re-arrangement becomes too complex and political within the context of limited budget and time. 

A strong partnership between government, landowners and the community is needed. In a crisis, vision alignment often puts important and urgent matters to focus to set a common goal. In this instance, we all have a role to play. Transport planners, urban designers, landscape architects must find creative ways to create wider footpaths and safer cycling infrastructure within our existing road network. State and Local Governments should continue working with landowners and shop operators in finding ways to reactivate shops and reduce unemployment through rental relief, or grant. Communities should feel empowered to advocate their local council for streetscape interventions that can improve pedestrian safety and foster stronger community relationships. 

Lastly, on-going community support for a ‘streets for people’ response to COVID-19 is a more productive and energizing defence through this uncertain time.

<h2>Final message</h2>

When facing novel problems, we see new uses for our resources and skills. The time to implement Streets for People is now. Meanwhile, do take care and be kind to each other.
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Melvie

OPINION: ‘Streets for People’

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<h2>OPINION:</h2>

There is no doubt that COVID-19 has brought a tremendous impact to the <a href="/expert-insights/buying/changes-the-real-estate-industry-will-experience-as-a-result-of-the-coronavirus">property market</a> that no one could have evaded. Aside from significant reduction in hospitality turnover and empty offices due to <a href="/guides/covid-19-is-it-possible-to-practise-social-distancing-at-home-absolutely">social distancing</a> policy, COVID-19 may act as a catalyst to blur the lines between apartments, offices, and hospitalities design.

Before the pandemic, we can already see new high-end apartments and co-working offices <a href="/expert-insights/buying/the-future-of-work-discussion-is-missing-its-biggest-opportunity">integrating with hospitality</a> in both design and services. Spa, pet care, and private dining rooms for residents; <a href="/news/how-living-in-a-mixed-use-precinct-can-benefit-you">vertical integration between retail precinct and apartments</a>; cafes, gyms, and even pilates studios within offices. Lifestyle has changed from having a clear identification of where to work, live, and entertain, to a highly accessible blend of our day to day activities.

Now we are having more percentage of people <a href="/guides/covid-19-how-to-adapt-to-working-from-home">working from home</a> than ever, <a href="https://www.propertyobserver.com.au/https://www.abc.net.au/news/2020-04-06/coronavirus-covid-19-self-isolation-online-shopping/12122834">online shopping and delivery being more common than ever</a>, and therefore the blend of day to day activities becomes a norm as everything happens at home now. This trend is going to change what apartment buyers may look for in terms of the amenities, security, and apartment layout.

1. Apartments with study areas or study rooms are still a minority in the current market, but people may start looking for a proper home office after they faced the frustration of sharing the dining table with family members whilst having a Zoom conference. As businesses are adopting the work from home model, it may become a long-term practice even after the pandemic. Conference facilities can be highly favourable by some apartment buyers.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/line_between_apartments.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="412" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/line_between_apartments.jpg?itok=cWsxAS6c" width="580"></a>

<figcaption><a href="/buildings/the-international-81-bay-street-brighton">The International, Brighton</a></figcaption></figure>2. It is still very common for the delivery company to leave a card in the letter box when people are not at home for a parcel delivery, but as online shopping becomes more common people may look for better solutions such as shared lockers in the mail room. Afterall, the trend is that people are writing less letters and <a href="https://www.bigcommerce.com.au/blog/ecommerce-trends/">placing more orders online</a>.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/line_between_apartments1.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="325" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/line_between_apartments1.jpg?itok=NGTMSWlE" width="580"></a>

<figcaption>The Hub locker by Amazon</figcaption></figure>3. Security and privacy concerns come along with convenience. There are occasions that we want to grant access to non-residents without handing them a key. A visiting friend arriving early when you are still on the way home, an Airbnb customer who is only staying for 2 days, a furniture delivery that certainly can’t fit in a locker etc. Being able to grant limited access via a smart system may get more common as more activities happen at home.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/line_between_apartments2_0.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="1031" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/line_between_apartments2_0.jpg?itok=ySbxIJWI" width="580"></a>

<figcaption>Kasta smart system</figcaption></figure>4. Health and wellbeing have undoubtedly become one of the most important topics recently. Aside from short term practices of using hand sanitizers and face masks, there are long term influences on people’s awareness in their health. The focus of amenities within or around a potential home may be switched from bars, fine restaurants and shopping areas, to spas, gyms, and greeneries or parks nearby. Ventilations and <a href="https://www.realhomes.com/advice/how-to-maximise-natural-light">natural lights</a> may also weigh more when selecting apartment layout.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/line_between_apartments3.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="362" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/line_between_apartments3.jpg?itok=n60MQYwm" width="580"></a>

<figcaption><a href="/buildings/the-eighth-south-melbourne-22-kings-place-south-melbourne">The Eighth</a>, South Melbourne</figcaption></figure>The <a href="/expert-insights/buying/how-will-the-coronavirus-impact-australia-s-property-market">COVID-19 pandemic</a> is definitely a crisis in many aspects, including the property market. However, when there is a disturbance, changes will come short after. Developers will have to adapt the changes and be a step ahead of it.
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Line between apartments, offices, and hospitality become a blur

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<h2>OPINION:</h2>

Attending an <a href="/guides">open home</a> is practically a Saturday sport for many property enthusiasts. 

Whether you are a curious neighbour, <a href="/guides/how-much-do-you-really-need-to-spend-on-an-apartment">potential buyer</a> or just happened to be walking past at the right time, we have all explored multiple properties under the guise of ‘research’.

Along with my favourite café, restaurant and beach, now <a href="/news/open-house-melbourne-building-list-announced">open homes</a> are shut for the foreseeable future. Unless you can meet criteria that extends to you being a genuine finance approved buyer, solemnly swear to not touch anything, are in good health and of course <a href="/guides/how-to-navigate-buying-property-during-the-covid-19-crisis">not shaking the agent’s hand</a>, the days of property viewing as a sport is a little lacklustre at the moment.

With the established property doors closing on people’s faces we are seeing a marked increase in the <a href="/guides">enquiry for new builds</a>.

It makes sense, right?

We are in a collective stay home order but that doesn’t mean you can’t plant a seed for your financial gain. With all your new spare time you can make some inroads to your future.

Take for example the following things you would probably avoid doing on a sunny Saturday:

• Get up to date with your tax returns  
• Review your financials – can you trim the fat?  
• Get onto your broker (or find on)  
• Find out what you can potentially borrow  
• Start the online search  
• Peruse floor plans, get really familiar with what you want.

<h2>What are you looking for in a property?</h2>

What are you willing to go without and what is a must have for your new property?

Property buyers all <a href="/news/first-home-buyers-snap-up-property-due-to-fear-of-missing-out">have different criteria and needs</a>. If you are an investor you need to consider who your tenant is likely to be – consider age, gender, lifestyle.

For example, if you are buying a <a href="/new-townhouses">townhouse</a> in a family centric location you need to consider that parents of small children will want a bathtub. They would like to be near a park and schools.

If you purchase in a location attracting double-income professionals, then chances are proximity to a primary school wouldn’t be as important as a café or a local restaurant scene.These tenants would be looking at commutes to the CBD using public transport and the ease of access.

If you are <a href="/guides">buying off the plan</a> for your own home, then you can spend time looking at floor plans. Google maps and street view can deliver so much insight into a neighbourhood. Best of all, this research can be conducted in your pyjamas.

<h2>Use this time to set up your future</h2>

This is the time to absolutely shine on your <a href="/developments">new property search</a>. Even if purchasing is not an option imminently you can discover what changes you need to make in order to <a href="/guides/how-much-can-i-borrow-for-a-new-home">borrow funds</a> to proceed.

If you need to get rid of a credit card or a car loan, then focus your attention to this.

Set up a plan, a real strategy, with goal dates and realistic monetary benchmarks to achieve this.

This time in history is a window to set yourself up. Plan now, funnel savings as you need to and remember that if you are looking to buy new, times like this can help you set yourself for success.
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