Brisbane development veteran Kevin Seymour's Seymour Group is set to deepen its presence on one of Brisbane's most tightly held riverfront addresses, lodging revised plans for a luxury apartment development on Oxlade, just a few doors down from The Oxlade, which it completed in 2024.

The <a href="https://www.apartments.com.au/new-apartments/70-72-oxlade-drive-new-farm-qld-4005">new project at 70-72 Oxlade Drive</a>, directly north of The Oxlade, will have 27 apartments across a seven-storey building&nbsp;overlooking the Brisbane River and Merthyr Park. It's a revision from a 2021-approved design.

Designed by bureau^proberts, the project has evolved from the previously approved 26-apartment scheme, introducing an additional penthouse level while maintaining a low-density, boutique character. The development will comprise 26 three-bedroom apartments and a single four-bedroom penthouse, supported by two basement levels with 86 car spaces and 34 bicycle spaces.

The architectural response is centred around two distinct building forms separated by a landscaped open-air atrium.&nbsp;"This dual composition captures and embraces Brisbane’s subtropical environment whilst breaking down built form and scale," the submission to the Brisbane City Council noted.

<img alt="First look: Seymour Group returns to Oxlade Drive with revised riverfront apartment plans in New Farm" data-entity-type="file" data-entity-uuid="c12d84d0-bc11-4067-b46f-5bd2d786a34d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/new%20farm%20landscape.png?VersionId=YEPc2k5CAdh6aAPlu4uVpgZadh4MEfRd" />

A defining feature of the design is a deep landscaped void running through the centre of the building, creating what bureau^proberts describes as a "natural ravine" that enhances airflow, daylight penetration and resident amenity. The design report notes that the separation of the two building volumes is intended to maximise natural light, cross-ventilation and outlook while strengthening connections to the surrounding riverfront setting.

Curved balcony edges, integrated planting and extensive landscaping throughout the façade reinforce the subtropical design approach. The building's façade is softened by elevated gardens and planter beds, creating a green edge that complements the established landscape character of Oxlade Drive and neighbouring Merthyr Park.

New Farm has become one of Brisbane's most sought-after suburbs for developers delivering premium downsizer-focused apartments.

GRAYA has been particularly active in the precinct, completing both Chalk and York in recent years, while construction of Moray House, being delivered for Spyre, is now nearing completion. Architect-turned-developer Joe Adsett recently launched <a href="https://www.apartments.com.au/new-apartments/arcilla-new-farm-by-joe-adsett-28-maxwell-street-new-farm-qld-4005">Arcilla on Maxwell Street</a>, an exclusive collection of just nine apartments.

Joel Robinson

First look: Seymour Group returns to New Farm's Oxlade Drive with riverfront apartment plans

A new residential tower will be the first piece of a broader mixed-use precinct set to reshape a prominent Newcastle West site, with local developer <a href="https://www.apartments.com.au/developers/gwh">GWH</a> bringing its <a href="https://www.apartments.com.au/new-apartments/cambridge-quarter-newcastle-west-12-denison-street-newcastle-west-nsw-2302">Cambridge Quarter</a> vision to market.

The first release, Tempo, will introduce 87 apartments across a 24-storey tower, marking Stage 1 of the residential component of a larger urban regeneration project planned for the western end of Newcastle's city centre, encompassing the former Cambridge Hotel site.

Positioned on Denison Street, Tempo has been designed as the inaugural building within Cambridge Quarter, a precinct that will ultimately combine apartments, retail activation and revitalised public spaces including the revamping of the Cambridge Hotel.

[smartcode_project:default project_id=135876 project_image_fid=368856]

The tower will comprise a mix of one, two and three-bedroom apartments, including layouts with multipurpose rooms, catering to a broad cross-section of owner-occupiers. Apartment sizes range from around 60 sqm to 192 sqm, with a number of residences oriented to capture views across Newcastle Harbour, the city skyline and coastline.

GWH has emphasised liveability in the design, with open-plan layouts extending to generous balconies and terraces. Residents will have a choice of two interior palettes, while specifications include engineered stone benchtops, SMEG appliances, full-height bathroom tiling and secure building access. Premium upgrade packages will also be available

Multiple rooftop resident retreats will provide communal outdoor space overlooking the harbour and city, offering an elevated amenity layer above the activity of the precinct below.

[smartcode_project:default project_id=135876 project_image_fid=368851]

The broader Cambridge Quarter vision extends beyond the residential tower itself. Ground-level retail activation and landscaped public areas are planned throughout the precinct, creating a walkable neighbourhood environment connected to the surrounding renewal of Newcastle West. The Cambridge Hotel is also earmarked for future redevelopment into a family-friendly hospitality venue integrated with the new precinct.

The project is strategically positioned within walking distance of Newcastle Interchange, providing access to light rail, regional rail services and direct connections to Sydney. Residents will also be close to Honeysuckle, Newcastle Harbour and the city's beaches and coastal walkways.

[smartcode_project:default project_id=135876 project_image_fid=368852]

For GWH, Cambridge Quarter represents one of its most significant Newcastle developments to date. The locally based developer, which has operated in the Hunter region since 1995, describes the project as a new chapter in the ongoing transformation of Newcastle West.

GWH Executive Director Jonathan Craig said the project had been shaped by a focus on creating lasting community connections.

"We take pride in creating places that last. Spaces where people feel connected, comfortable and a genuine sense of belonging," Craig said.

"Cambridge Quarter is something we are truly proud of, a place shaped by local knowledge, built with care and designed to be part of Newcastle's next chapter."

[smartcode_project_cta:default project_id=135876]

GWH unveils first release at landmark Cambridge Quarter precinct in Newcastle West

<a href="https://www.apartments.com.au/developers/ss-projects">S&amp;S Projects</a>,&nbsp;Rainbow Bay's busiest developer,&nbsp;has officially lodged plans for the largest development in its booming local portfolio, seeking approval for a further 88 apartments on Boundary Street.

The proposal&nbsp;at <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">209–213 Boundary Street, Coolangatta</a>,&nbsp;marks the next chapter in the developer's transformation of the southern Gold Coast beachside precinct. It will be its fifth in the area, having already delivered Flow, Awaken and Esprit, while construction continues on the 38-apartment Radia. The new project would rise 57 metres above a consolidated 1,518 sqm site, on the same street as Radia and Esprit.

&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, the proposed development comprises 88 two and three-bedroom apartments across a contemporary podium-and-tower form that integrates extensive landscaping from street level through to the rooftop.

The tower would be delivered above a basement and multi-level podium accommodating resident and visitor parking, with the residential component commencing from level three. The design incorporates cascading planting throughout the façade, landscaped podium edges, and deep planting zones along the Boundary Street frontage.

<img alt="First look: S&amp;S Projects lodges plans for 88-apartment wellness tower at Coolangatta's Boundary Street" data-entity-type="file" data-entity-uuid="677e6615-b5c0-4b6c-b4f9-efb14fcde1a6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ss%20da%20pers.png?VersionId=YOnPKQm7IFXv0M5H326djEpxk80500Hi" />

A key feature of the development is its expansive rooftop wellness and recreation precinct. Plans reveal a resort-style pool deck, gymnasium, sauna, steam room, hot and cold plunge pools, rooftop terraces, barbecue areas and landscaped relaxation spaces positioned to capture views across the southern Gold Coast coastline.

The rooftop wellness focus builds on the vision S&amp;S Projects first outlined when it acquired the site for $20.25 million last year.

"We are taking every advantage to create a truly unique rooftop wellness experience with a natural feel for residents, offering stone features throughout and an underlying theme that emulates a botanical garden," S&amp;S Projects founder and director Paul Gedoun said at the time.

The proposal seeks a 57-metre building height, representing a 50 per cent uplift on the site's mapped 38-metre height limit. Planning documents argue the additional height is consistent with recently approved and emerging towers in the immediate Boundary Street and Rainbow Bay precinct.

Urbis, acting as planning consultant, said the development would provide "88 dwellings, comprising a mix of two and three-bedroom apartments, contributing to housing choice and supply within an established medium to high-rise coastal urban neighbourhood."

The scheme has undergone extensive pre-lodgement consultation with the City of Gold Coast, with the design refined following feedback relating to architectural expression, landscaping, traffic access and podium treatment.

<img alt="S&amp;S" data-entity-type="file" data-entity-uuid="0a2d70fd-62ac-4b83-97c6-b798fc1243dd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-05%20at%209.16.31%E2%80%AFAM.png?VersionId=yHmghUwKM3IVGpBktQU1mE.0Lpf3WimG" />

The architectural team is led by Brisbane-based Cottee Parker, one of Australia's most active residential design studios, with landscape architecture by Dunn + Moran. The consultant team also includes ADG Engineers, Windtech and Acoustic Works.

S&amp;S Projects has become one of the most influential private developers operating on the southern Gold Coast. Since entering Rainbow Bay in 2022, the company has assembled a portfolio exceeding $1 billion in end value, establishing itself as a key player in the area's evolution into a premium apartment destination. Pezet Matheson will again handle the sales for S&amp;S.

Coolangatta is entering another wave of apartment development, following the delivery of several prominent residential projects in recent years.

John Kearney's Immerse Projects will launch&nbsp;<a href="https://www.apartments.com.au/new-apartments/kaiya-kirra-beach-5-haig-street-coolangatta-qld-4225">Kaiya on Haig Street</a>&nbsp;soon, meanwhile, Palm Beach-based Sherpa Property Group is preparing to bring its debut Coolangatta development, <a href="https://www.apartments.com.au/new-apartments/flourish-viver-87-griffith-street-coolangatta-qld-4225">Flourish Viveré</a>, to market later this year, subject to approvals.

First look: S&S Projects proposes 88-apartment wellness tower at Coolangatta's Boundary Street

A landmark former orphanage site in Surrey Hills could be transformed into a new residential community under plans lodged by <a href="https://www.apartments.com.au/developers/antipodean-land-developments">Antipodean Land Developments</a> that would deliver 76 apartments and townhouses while restoring some of the suburb's most significant heritage buildings.

The burgeoninng Melbourne-based developer has submitted plans for the 9,158 sqm site at 1 Kent Road and 24 Durham Road, home to the former St Joseph's Home for Destitute Children, a historic institutional complex dating back to the late 19th century. The proposal seeks to adaptively reuse several heritage buildings while introducing two new four-storey residential buildings set within extensive landscaped grounds.

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> and Kerstin Thompson Architects, the project has been conceived as a contemporary residential village embedded within a restored heritage precinct. The development team describes the design approach as "The Village in the Garden," with new buildings positioned among mature landscaping by OCULUS and significant heritage structures.

<img alt="First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills" data-entity-type="file" data-entity-uuid="44ec8c1b-c0b6-44ae-859e-5811b3e6a023" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Untitled%20design%20%281%29.png?VersionId=p.p1_KFh4iQoV4nisdnPfQBAsWNi7m79" />

The proposal would deliver 76 dwellings comprising a mix of apartments and duplex-style residences, significantly increasing housing supply on one of the largest privately held residential landholdings in Surrey Hills. The development includes 127 car spaces, 24 bicycle spaces and more than 1,000 sqm of communal amenity, with the existing chapel building earmarked for conversion into resident facilities.

According to the planning submission, the project centres on the restoration and adaptive reuse of the site's most significant heritage assets, including the original c.1889 St Joseph's building, the chapel designed by architect Augustus Andrew Fritsch, and the historic brick perimeter walls and entry gates. The proposal also incorporates the retention of other contributory buildings including the former infirmary and school building.

Tract Consultants, in the planning report accompanying the application, said the scheme had been shaped through extensive heritage analysis and design development.

"The shared vision for the Site by the project team has culminated in a scheme which successfully breathes life back into a historic site while delivering upon the objectives of Victoria's Housing Statement in a carefully curated and contextually responsive manner."

<img alt="First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills" data-entity-type="file" data-entity-uuid="7263b7d8-95ea-400f-9531-6ca7d22c3c33" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Untitled%20design%20%282%29.png?VersionId=4cR1tiWOsDpgxEOwZi5vVFcyvvOsYkIE" />

The proposal is being assessed under Victoria's Significant Residential Development with Affordable Housing pathway. As part of the application, three per cent of the project's residential development cost would be contributed to the Social Housing Growth Fund. The development would also provide a diverse mix of one, two and three-bedroom residences targeting a broader range of buyers than typically found in Surrey Hills' detached housing market.

Sustainability initiatives include an anticipated 66 per cent BESS score, natural cross-ventilation to 80 per cent of apartments, 28 per cent deep soil landscaping and a canopy cover outcome exceeding local planning requirements. The proposal also sets aside more than 1,083 sqm for communal indoor and outdoor resident amenity spaces.

<img alt="First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills" data-entity-type="file" data-entity-uuid="33fad46f-fe26-4d0a-acfd-6b776e1c6a3d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Untitled%20design.png?VersionId=D9F6WVSyYCtGvSUmith35LRp6R7PQkw_" />

Planning documents describe the property as one of the largest underutilised residential sites in Surrey Hills, arguing it presents a rare opportunity to introduce "missing middle" housing in an established inner-eastern suburb while preserving and revitalising a significant heritage precinct.

Antipodean Land Developments has built a reputation for design-focused residential projects across Melbourne, particularly in the medium-density sector. Previous developments include Neighbourhood in Brunswick East, delivered with Breathe Architecture, and Balfe Park Lane, designed by Kerstin Thompson Architects.

They've been very active in site acquisition as they build out their future development pipeline. They recently launched Thornubury House, 45 apartments above a mix of commercial, retail, and food and beverage tenancies, and have plans for a boutique project in Fitzroy and another <a href="https://www.apartments.com.au/news/vic/antipodean-plan-apartments-for-deepdenes-missing-middle-on-whitehorse-road">"missing middle" project</a> on Deepdene's Whitehorse Road.

First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills

Developer <a href="https://www.apartments.com.au/developers/auyin-property-development">Auyin</a> is the latest to turn to the Victorian Government's Development Facilitation Program in an effort to secure approval for its long-planned, mixed-use project in Elsternwick.

In 2018, Auyin lodged plans with Glen Eira City Council for a 14-storey building, however Council approved a reduced eight-storey scheme. A subsequent VCAT appeal in 2019 upheld the eight-storey height limit.

The project was later amended to nine storeys, but Auyin is now seeking to revive something closer to its original vision. The developer argues that the planning context has evolved significantly over the past decade, particularly within the Elsternwick Activity Centre, where higher-density development has increasingly been encouraged along Glen Huntly Road.

The proposal would transform the 1,239 sqm site at <a href="https://www.apartments.com.au/new-apartments/7-12-horne-street-elsternwick-vic-3185">7-15 Horne Street</a>, opposite Elsternwick Railway Station, into a 13-storey residential and retail development designed by CBG Architects, with 40 apartments

The site currently comprises three commercial properties.

<img alt="First look: 13-storey mixed-use tower planned for Elsternwick activity centre" data-entity-type="file" data-entity-uuid="5f465dd4-509b-4082-a669-0253b313914b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/elsternwick%20podium.png?VersionId=72frWi0SmQ5AVJ3ARRhX5ILUYObhTm7x" />

The proposed apartment mix comprises 25 two-bedroom and 15 three-bedroom residences above 200 sqm of retail space at ground level. Residents would have access to a 90 sqm wellness facility, a 351 sqm communal indoor and outdoor terrace on the third level, and extensive landscaped areas throughout the development. A publicly accessible 135 sqm plaza would be created on the north-east corner of the site, providing seating, landscaping, and a new gathering space adjoining Horne Street.

The design adopts a four-storey podium that references the finer-grain character of the surrounding streetscape, with the upper tower recessed behind generous setbacks on all boundaries.

<img alt="First look: 13-storey mixed-use tower planned for Elsternwick activity centre" data-entity-type="file" data-entity-uuid="e637e763-2abc-4c34-a0aa-5c7ad36fae18" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/elsternwick%20open.png?VersionId=J1AoOpZgTyaF.KeeFSX6lMjEScX8KKRi" />

A key element of the proposal is the reconfiguration and widening of the surrounding laneways. Vehicle access would be retained from Lois Lane, with upgraded pedestrian connections linking Ross Street and Horne Street. The development would provide 58 residential car spaces, two retail car spaces, and 52 bicycle spaces across two basement levels and ground-floor facilities.

Architecturally, the building draws inspiration from the established character of Elsternwick Village. The façade combines dark charcoal brickwork, textured concrete, bronze-toned metal detailing, and extensive planting integrated into podium and tower levels. The design also incorporates a chamfered corner treatment and publicly accessible plaza intended to strengthen pedestrian activity around the station precinct.

Elsternwick's last new development completion was&nbsp;EVA Elsternwick by Pitard late last year. <a href="https://www.apartments.com.au/developers/milieu-property">Milieu</a> is working away on its nature-led neighbourhood, <a href="https://www.apartments.com.au/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens</a>, on Gordon Street, with its first stage expected to complete next year.

First look: Auyin seeks mixed-use apartment project in growing Elsternwick Activity Centre

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?

The Albanese and ACT Governments have struck a deal to unlock nearly 5,000 new homes across Canberra, with more than 1,700 earmarked exclusively for first home buyers.

The agreement marks the second formal partnership under the Federal Government’s election commitment to deliver up to 100,000 homes for first home buyers nationally, working alongside state and territory governments and industry.

At the centre of the deal is a $250 million funding injection from the Albanese Government, targeting enabling infrastructure to bring forward new housing supply across a number of key precincts in the ACT.

That includes funding to unlock 75 homes in the Kingston precinct, support new development in Weston Creek, and deliver estate works across the territory that will facilitate more than 500 homes by 2034. Additional investment will go towards relocating powerlines, water infrastructure in Molonglo Valley, and further expansion of the Ginninderry regeneration precinct.

Housing Minister Clare O’Neil said the agreement was about making it easier for first home buyers to enter the market, particularly in a housing environment that continues to challenge affordability.

“We’re determined to make it easier for young people and first home buyers to achieve the dream of owning a home,” O’Neil said.

“We know the housing market is tough, and we want Australians to know that Labor has got your back.”

The announcement builds on more than $800 million already committed to housing in the ACT since 2022, according to Finance Minister and ACT Senator Katy Gallagher, who said the latest funding would help ensure national housing programs are translating into real supply on the ground.

“We’re working closely with the ACT Government to unlock land and invest in the infrastructure needed to get these homes built sooner,” she said.

For the ACT Government, the agreement aligns with its broader target of delivering 30,000 new homes by 2030, with Chief Minister Andrew Barr pointing to the role of coordinated planning and infrastructure investment in accelerating delivery.

“Now, thanks to our agreement with the Albanese Government, this work is about to reach a new level,” Barr said.

The deal sits within the Federal Government’s broader $45 billion housing agenda, which includes initiatives such as the Housing Australia Future Fund, the Help to Buy shared equity scheme, and incentives aimed at increasing construction capacity and reducing barriers to development.

Canberra set for 4,900 new homes under Federal housing deal

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We've all read those adverts in the industry magazines and publications. You know ... the ones touting super high rental yields on average houses or townhouses in a far flung mining town?  
So it was a kick in the teeth for those developers and marketers this week when CBA - Australia's biggest housing lender - announced that when assessing loan applications for investment properties located in mining towns, from next Monday (irrespective of what actual rent the property receives or is estimated to receive), they will now cap rental yields at 8% for their servicing calculations.  
I wasn't surprised in the least when I saw CBA's recent credit policy change. Here's why: in a blog article I published a few weeks ago titled <a href="https://spionline.com.au/blog/latest-blogs/12089-investor-fyi-how-the-banks-works" target="_blank">"Investors FYI: How banks work"</a>, I openly exposed how banks work, detailed how they assess their lending and interest rate on offer using a simple explanation: 'rate for risk' and emphasised how the banks calculate all of their lending based on risk.  
This latest change to credit policy is heavily based on the need to minimise the risk of CBA customers defaulting on their loans: "With high rental yields in some areas of the country, particularly in mining towns, and a view that these yields are not sustainable, the Bank will be capping rental yields at 8%. By capping the rental yield we are proactively moving to minimise the risk to customers defaulting on their loan while supporting brokers in maintaining their customer portfolio."
What they didn't mention is that many investors have bought investment properties purely on the premise that the advertised rental would last - possibly for decades. CBA has changed both their credit and postcode policies over the past few months to further mitigate any impending risk.  
Investors would be wise to take note.  
In another published article I commented on the risks associated with investing in mining or 'one industry' towns and expressed my professional and researched opinion. I concluded that it was naive for investors to invest in mining town areas. The article was titled <a href="https://spionline.com.au/home/11088-naive-to-fall-for-mining-town-investments" target="_blank">"Naive for investors to buy in mining towns"</a>.  
The risk of investors defaulting on their loans is increasing amongst those investors with investment properties in mining towns and especially in light of increasing interest rates.  
Banks know this &amp; they definitely know 'their game' better than anyone else. You want proof? Check their annual profits. 
Their job is to minimise their risk and maximise their profits. CommBank is taking action now; it won't be long before other lenders follow.  
CBA statement:
"On Monday 25 November 2013, all Home Loan/Investment Home Loans and Lines of Credit reliant on rental income from a residential security for servicing must not exceed the 8% rental yield.
"All applications (including Home Seeker) decisioned after Sunday 24 November 2013, will be subject to the new rental yield cap...
"Customers who earn greater than 8% p.a. rental yield must be advised that the Bank can only use the maximum of 8% p.a. rental yield for servicing."
 
<hr>
Kevin Lee is the property investment expert and buyer's agent at <a rel="nofollow" target="_blank" href="https://www.smartpropertyadviser.com.au/">Smart Property Adviser</a>.
Kevin specialises in helping investors identify and acquire positive cashflow properties that generate high rental returns, enabling his clients to grow their portfolios.
Kevin's free report "How To Turn Your Negatively Geared Property Into A Positive One In 3 Steps - Without Selling" is available at <a href="https://www.smartpropertyadviser.com.au/" target="_blank" rel="nofollow">www.smartpropertyadviser.com.au</a>. 
 
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klee-LzAEhB2j7n

What does the Commonwealth Bank's changing stance on mining towns mean for investors?

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Canberra’s light rail design study Capital Metro consultation period for community input ends in just three days.
The Light Rail Integration Study aims to look at issues around the integration of the light rail corridor from Gungahlin to the City, explained Minister for the Environment and Sustainable Development, Simon Corbell.
"The Light Rail Integration Study is an essential piece of work that will inform the detailed design of the Capital Metro Project," said Corbell.
"It is part of the suite of preliminary design studies that are now being undertaken as a priority for the new Capital Metro Agency."
The first stage of the study was evaluating options for integrating the light rail with the ACTION bus network and current pedestrian and bicycle paths, the different potential kiss and ride, park and ride, and bike and ride locations, and the preferred light rail stop locations.
"The Capital Metro Agency wants to understand what the community thinks about a range of issues, including potential locations for light rail stops, the amenities people would like to see at the stops, and whether people would prefer to park their bicycle at the stops or take them with them on the light rail vehicle," he said.
Consultation closes on November 15.
<blockquote class="twitter-tweet">
Just three days to go to have your say on our Light Rail Integration Study for Canberra. Take a look - <a target="_blank" href="https://t.co/ucEkl6Z3sq">https://t.co/ucEkl6Z3sq</a>
— Time-2-Talk Canberra (@timetotalkcbr) <a target="_blank" href="https://www.propertyobserver.com.au/https://twitter.com/timetotalkcbr/statuses/400043480665182208">November 11, 2013</a>
</blockquote>
 
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jduke-EHk3XBmHkn

Canberra's light rail integration consultation closing soon

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 Planning and patience are the two things missing when most property investors go into action.
The herd mentality drives most decision-making among investors, rather than clear objectives and a coherent plan.
Then, when something goes wrong in the market, investors start to panic.
One sure way to mess up the results of property investment is to buy badly. Many of the people piling into Sydney markets at the moment are doing that.
And the surest way to complete the cycle of bad investment decisions to sell badly as well. Too many investors, driven by the herd mentality, buy at the peak and sell when markets decline.
They buy in a hurry and sell in a panic, then wonder how it all went so wrong.
This is particularly so with towns and cities reliant on the resources sector. Many people who bought when central Queensland markets like Gladstone, Mackay and Emerald were rising, are now in a lather because those markets have recently dropped.
With Mackay and Emerald, it’s a combination of overbuilding by developers and downsizing by mining companies. In the case of Gladstone, it’s purely an oversupply issue.
Lots of emails are coming in from investors afflicted by falling rentals and the consequent impact on their values. Should we cut our losses and sell?
When you buy in locations like this, you have to expect a level of volatility. It’s the nature of the beast. But, if you have bought with a long-term strategy in mind, patience is required.
Mackay, over time, has really delivered for people who own property there. Mackay suburbs generally have double-digit growth averages for the past 10 years. The city has a strong future, but is currently indulging a dip in the cycle.
Emerald also has a fine capital growth record, but the temporary pause in the coal industry has combined with new supply to lift vacancies and trim rentals. Since about March, the vacancy rate has jumped from 1% to as high as 9% - and is currently 7%, according to SQM Research.
The median weekly rent for a three-bedroom house in Emerald was $525 in the September 2012 quarter but by the September 2013 quarter was down to $350, according to the Residential Tenancies Authority.
Investors can be forgiven for a touch of unease but it would be a mistake to panic. Multiple mega projects are in the pipeline for the Emerald region – by my count there are seven coal projects totalling at least $35 billion focused on the Galilee Basin – and the Queensland government has just announced plans to offer a royalties discount for the mining companies who move first into the construction phase.
The jobs-creation potential of these projects is estimated to be somewhere between 25,000 and 30,000. Emerald, the nearest regional centre and airport, is poised to benefit.
Those who maintain a focus on the long-term end-game will benefit when all that starts to unfold.
 
<hr>
 Terry Ryder is the founder of <a style="font-size: 14px;" rel="nofollow" href="https://www.hotspotting.com.au/" target="_blank">hotspotting.com.au</a> and you can contact Terry via <a target="_blank" href="https://mailto:%20ryder@hotspotting.com.au">email</a> or on <a style="font-size: 14px;" target="_blank" href="https://twitter.com/hotspotting">Twitter</a>.
 
 
 
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terryryder-YECXbqmri2

Have a little patience: Investing in a mining town requires a long-term mindset

<html><body>
1) What is the name of the $210 million development to grace Sydney’s North Shore?
2) Which businessman was planning on renovating his Elizabeth Bay penthouse for $237,000?   3) Which property development group is dominating the inner city Brisbane market?   4) How many websites is US-based Walk Score website now on?   5) Where was this week’s most expensive RP Data sale located?   6) The RBA cut the cash rate at its Cup Day meeting, true or false?   7) Which WA mining town is set for its first residential development in 40 years?   8) Which city did Terry Ryder’s Chinese investment piece focus on?
Click through to the next page to reveal the answers
 
<hr class="system-pagebreak">
Answers
 
<ol>
<li>
<a target="_blank" href="https://www.propertyobserver.com.au/news/210-million-bay-pavilions-to-grace-sydney-s-north-shore/2013110666190">Bay Pavilion</a><a href="https://www.propertyobserver.com.au/news/210-million-bay-pavilions-to-grace-sydney-s-north-shore/2013110666190" target="_blank">s</a>
</li>
<li><a href="https://www.propertyobserver.com.au/news/david-gonski-scrapping-elizabeth-bay-penthouse-renovation-and-relocation-plans/2013110566183" target="_blank">David Gonski</a></li>
<li><a href="https://www.propertyobserver.com.au/news/david-devine-s-metro-property-group-continues-to-dominate-inner-city-brisbane-market/2013110566013" target="_blank">Metro Property</a></li>
<li><a href="https://www.propertyobserver.com.au/news/the-importance-of-walkability-grows-at-more-than-pedestrian-pace-walk-score-now-on-30000-websites/2013110566141" target="_blank">30,000</a></li>
<li><a href="/news">Vaucluse</a></li>
<li><a href="/news">False</a></li>
<li><a href="https://www.propertyobserver.com.au/western-australia/tom-price-gets-set-for-first-residential-development-in-40-years/2013110766205" target="_blank">Tom Price</a></li>
<li><a href="https://www.propertyobserver.com.au/queensland/despite-much-publicised-chinese-investment-there-is-no-momentum-behind-gold-coast-market/2013110666212" target="_blank">Gold Coast</a></li>
</ol>
 
 
<ol></ol>
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ntrotman-Et3xWpamVh

Property trivia: Have you paid attention this week?

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Education expense tax deductions will not be limited to a yearly $2000, part of a raft of Labor changes which will not proceed under the Coalition.
This announcement has shown the path the government will take in dealing with 92 proposed tax and superannuation measures announced but not legislated by previous governments.
Assistant treasurer Arthur Sinodinos said 18 measures would proceed, and three more would be “significantly” amended. Seven initiatives would be cut.
Removal of the statutory formula method of calculating the Fringe Benefits Tax on cars was to be removed by the former government, but <a target="_blank" href="https://www.smartcompany.com.au/financial-services-and-insurance/057518-bruised-but-optimistic-salary-packaging-industry-licks-its-wounds-after-seven-weeks-in-limbo">will now to be kept</a>, to the considerable relief of the salary packaging industry.
A $2.4 billion move to scrap Labor’s 15% tax on superannuation incomes above $100,000 has sparked a storm, with the Australian Council of Trade Unions president Ged Kearney calling it a “tax break for the rich” and while Association of Superannuation Funds of Australia chief executive Pauline Vamos welcomed it for giving “certainty”, she acknowledged the average Australian “may think it unfair”.
Sinodinos said “the complexity and compliance costs associated with this initiative are extreme and essentially undeliverable”.
Changes to so-called ‘25-90 deductions’ will not proceed. The changes announced by the previous government permitted a deduction on interest expense on borrowings used to derive certain types of foreign-sourced incomes. Tax Institute tax counsel Stephanie Caredes said the changes affect multinational businesses, but some SMEs could have been affected.
“It was a huge over-reach,” she says.
Sinodinos has set a December 1 deadline for resolving the 64 outstanding changes “with a disposition not to proceed” and aims to have them pass Parliament by July 1 next year.
One of those measures relates to how the tax regime deals with earn outs, a contingency that is negotiated during business sales when its value is not fully known.

<hr>
This article first appeared on <a target="_blank" href="https://www.smartcompany.com.au">SmartCompany</a>.
 
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dmoss-2Ltwr5j89M

Federal government axes seven inherited tax policies

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Reserve Bank governor Glenn Stevens has today made clear the dollar is more likely to fall than rise, given the current economic conditions.
Speaking at an investment conference this morning Stevens said the current high Australian dollar is not supported by “levels of cost and productivity”.
“Moreover, the terms of trade are likely to fall, not rise, from here. So it seems quite likely that at some point in the future the Australian dollar will be materially lower than it is today,” he says.
He says US stimulus tapering “would lessen some of the difficulties we face in our own policy choices”.
Stevens also downplayed the fears of a house price bubble.
“Some rising in house prices is part of the normal cyclical dynamic, that it improves the incentive to build, and that a price rise reversing an earlier decline probably isn’t something to complain about too quickly,” he says.
“It has been a little too early to signal great concern.”
 
<hr>
 This article first appeared on <a href="https://www.smartcompany.com.au" target="_blank">SmartCompany</a>.
 
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jake-cSmGT7VXVf

Dollar likely to be “materially lower”, RBA governor Glenn Stevens says

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Strong real estate sales results from the weekend in Melbourne and Sydney have buoyed expectations for the rest of 2013, which has already seen “unprecedented” figures.
But market analysts point to icebergs on the horizon, with unknowns such as interest rates, unemployment rates and wage growth in the new year expected to level out growth.
“There are some concerns over the future direction of the local economy,” Andrew Wilson from Australian Property Monitors said. “Over the medium term house prices will be constrained by wages growth.”
According to APM, the clearance rate in Melbourne was 76.9%. There were 1,362 properties listed and 922 of them auctioned, of which 714 sold. Total sales reached $438.8 million and median prices for auctioned houses was $809,250 and units $506,750.
Activity focused on the bayside suburbs of Brighton, St Kilda, Port Melbourne and at Glenroy, and leafy, affluent Hawthorn, says Real Estate Institute of Victoria spokesman Robert Larocca.
Larocca says the above-trend market was a “really, incredible result” but next year held some signs for caution.
“What we’ve seen seems quite sustainable for the Melbourne market,” he says. “Looking into next year we have to have an eye for the wider economy.”
Wilson says the weekend in Melbourne “broke all records”, and buyers had the choice available to find an appropriate property.
In Sydney the clearance rate was 83.2%, with 689 properties listed and 459 auctioned, of which 400 sold. Total sales reached $352.3 million and median prices for auctioned houses was $1 million and units $650,000.
In Sydney, clearance rates had been above 80% for 14 of the past 16 weeks, pointing to investors re-joining the market after selling to first home buyers last year, Wilson says.
He said activity focused on the inner west, southern Sydney and the upper north shore.
Real Estate Institute of New South Wales chief executive Tim McKibbin said “confidence” had grown over the past 12 months in the state due to low interest rates.
“The momentum we’ve seen here is sustainable and will flow into next year,” he says.
He says the major problem was supply of houses for sale.
Other capitals fielded much lower totals, Brisbane had a clearance rate of 56.8% and Adelaide posted 48.7%.

<hr>
This article first appeared on <a target="_blank" href="https://www.smartcompany.com.au">SmartCompany</a>.
 
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Booming property sales, but experts say don’t get too confident

<html><body>
1) In which famous Sydney location was this recent $15 million sale?
<img alt="qs_oct_24" height="314" width="470" src="/images/stories/2013/10/25/qs_oct_24.jpg"><a href="https://www.propertyobserver.com.au/www.propertyobserver.com.au/news/bondi-beach-knock-down-sydney-school-architecture-mansion-fetches-around-%2415-million/2013101865449"></a>
2) What's the current cash rate set by the Reserve Bank of Australia?
3) Which footballer commentator didn't bid on the below converted church property?
<img alt="kew_0011_13.jpg" height="313" width="470" src="/images/stories/2013/10/25/kew_0011_13.jpg.jpg"><a href="https://www.propertyobserver.com.au/news/no-bids-from-bt-for-fitzroy-abode-of-sydney-heiress-betty-saunders-klimenko/2013102165829"></a>
4) Can a power line affect your ability to secure a loan for a property?
5) Which state recently had more than 50% of its local councils see planning changes?
6) What were the top two features in both Melbourne and Sydney that buyers noted as most important in a recent realestateVIEW survey?
7) How many suburbs are there now in Sydney with a median price of $1 million plus?
8) Which couple from The Block recently sold their Maidstone cottage (pictured below)?
<img alt="maidstone_0008_9.jpg" height="313" width="470" src="/images/stories/2013/10/25/maidstone_0008_9.jpg.jpg">
Click through to the next page to reveal the answers
 
<hr class="system-pagebreak" title="Answers">
Answers
1) <a target="_blank" href="https://www.propertyobserver.com.au/news/bondi-beach-knock-down-sydney-school-architecture-mansion-fetches-around-%2415-million/2013101865449">Bondi Beach</a> 
2) <a target="_blank" href="/news">2.50%</a> 
3)  <a target="_blank" href="https://www.propertyobserver.com.au/news/no-bids-from-bt-for-fitzroy-abode-of-sydney-heiress-betty-saunders-klimenko/2013102165829">Brian Taylor</a>
4) <a target="_blank" href="https://www.propertyobserver.com.au/news/hurdles-to-watch-out-for-when-acquiring-a-bank-loan/2013102265861">Yes it can</a>
5)  <a target="_blank" href="https://www.propertyobserver.com.au/tasmania/new-planning-schemes-for-more-than-50-of-tasmania/2013102365912">Tasmania</a> 
6)  <a target="_blank" href="https://www.propertyobserver.com.au/news/what-buyers-want-in-sydney-versus-melbourne-realestateview/2013102365898">Price and Location, respectively</a>
7) <a target="_blank" href="https://www.propertyobserver.com.au/news/sydney-s-million-plus-median-suburbs-pass-the-century-as-michael-slater-cements-avalon-s-place/2013102265828">123</a> 
8) <a target="_blank" href="https://www.propertyobserver.com.au/news/north-melbourne-bound-the-block-s-josh-and-jenna-sell-edwardian-maidstone-cottage/2013102265872">Josh and Jenna</a> 
 
{module How many did you get right?}
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po-LsXgBTHBmX

Property Trivia: How closely were you watching the news this week?

<html><body>
Around 1,000 houses and 3,000 square metres of commercial mixed use development will be built on the shores of Lake Tuggeranong in the ACT.
Southquay, announced last week and reported by urbananalyst, will cover an entire urban precinct of 13 blocks, with development on both sides of the lake.
It will be built in stages, with the western side between Anketell Street and the lake first, followed by the area between the lake and Drakeford Drive.
ACT government planning rules allow for sites with frontages to Anketell Street to be 6-8 storeys, with allowance for three towers of a maximum 12 storeys.  Development will scale down to 2-4 storeys at the lake's edge to maximise views and retain appropriate scale.
Blocks for the first 300 dwellings are expected to be released by mid next year, with the remaining sites on the western side released over the following three years.
Development on the lake's eastern side, still subject to a land use policy approval process, will have maximum heights of three storeys for construction of up to 150 dwellings. These blocks are expected to be released in 2016-17.
The ACT government says Southquay is in line with its infill policy. It says the development aims to boost the viability of the Tuggeranong town centre and encourage a lively and active lake foreshore.
It is also one of the first projects to be delivered after the release of the Tuggeranong Town Centre Master Plan in September last year by Environment and Sustainable Development Minister Simon Corbell.
Corbell said extensive community consultation was undertaken by the Land Development Agency during the planning process, and that stakeholders, including the Tuggeranong Community Council, had had significant input.
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staylor-63KgDrKwoY

Commercial mixed use development about to come along to Tuggeranong

<html><body>
Government welfare and tax policies benefit wealthy homeowners leaving young renters and first home buyers disadvantaged, according to a Grattan Institute report.
Policies such as exemptions for the family home from land and capital gains taxes and the eligibility test for the aged pension benefit homeowners to the tune of $36 billion a year, or $6,100 for each homeowner household, according to the Renovating Housing Policy report.
<img alt="grattan" height="363" width="470" src="/images/stories/2013/10/21/grattan.jpg">
It found negative gearing rules and the capital gains discount provide residential property investors with nearly $7 billion a year, or $4,500 on average for each property investor.
It found help for first home buyers just pushed up prices and only benefitted sellers.
Author of the report Jane-Frances Kelly calls for the elimination of stamp duty and the introduction of a broad-based annual property tax. She says there should be reforms to tax arrangements that favour property investment.
And there should be an inquiry into the rental industry with possible reforms including extending the minimum duration of leases and increasing tenants’ freedom to make minor modifications and own pets.
The gap between those who own homes is increasingly generational and income based.
“Housing policy exacerbates, and could entrench, inequality between home owners and property investors, on the one hand, and households that don’t own, on the other,” the report says.
It found home owners have benefited from a significant largely untaxed increase in wealth due to the house price boom from the mid-1990s, particularly in the inner and middle ring suburbs.
Home owners captured most of that wealth for themselves due to the capital gains and land tax exemptions on the family home.
“But, on the whole, these households did very little to create this wealth – the value of improvements, including buildings and landscaping, determine a relatively small proportion of a  property’s price,” the report says.
“Rather, the wealth gain is largely determined by other factors like shops and parks, employment opportunities and government funded infrastructure investments and schools.
“While home owners benefit from increased house prices associated with these improvements, renters pay them through higher rents.”
<img alt="poll-results-oct-22" height="110" width="470" src="/images/stories/2013/10/22/poll-results-oct-22.gif">
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Canberra set for 4,900 new homes under Federal housing deal

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