Not all apartment amenities are immediately visible.

Swimming pools, gyms, rooftop terraces and residents' lounges have long featured on buyers' wishlists, but as the way Australians live has changed, so too have the features that make apartment living more convenient.

Increasingly, buyers are placing value on the practical aspects of day-to-day life. Fast internet, EV charging, secure bike storage, flexible workspaces and parcel management are becoming just as relevant as lifestyle amenities, reflecting changing habits and expectations.

Online shopping has been one of the biggest drivers of that shift.

Australians spent a record $82.6 billion shopping online in 2025, with almost one in every four retail dollars now spent digitally, making parcel deliveries a routine part of everyday life rather than an occasional convenience.

For apartment residents, however, receiving those deliveries isn't always straightforward.

Without someone home to accept a parcel, deliveries can be redirected to a nearby Post Office, left in building foyers or common areas, or require building management to temporarily store packages. As apartment living continues to grow across Australia's cities, parcel management has become an increasingly important consideration for both residents and developers.

Australia Post's Parcel Locker network is one response to that shift.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/KPZ9j5FRdsQ?si=Qztc1dNP3ZvEIUhb" title="YouTube video player" width="560"></iframe>

Rather than relying on home delivery, eligible parcels can be directed to a nominated Parcel Locker, where they're securely stored until collected. Once a parcel arrives, residents receive a notification through the AusPost app or SMS and can retrieve it using a one-time code or QR code at a time that suits them.

The network has expanded to more than 1,500 locations nationwide, with Parcel Lockers positioned at Post Offices, shopping centres, supermarkets, transport hubs and, increasingly, within or alongside residential developments.

That growing presence reflects a broader change in how apartment buildings are being planned.

Developers are increasingly considering the operational side of apartment living alongside traditional lifestyle amenities. Just as secure mailrooms, bicycle storage and EV charging have become more common inclusions, parcel management is emerging as another feature that supports everyday convenience.

It also helps preserve the arrival experience within a building. Carefully designed lobbies and communal spaces can quickly become cluttered when deliveries accumulate, while secure parcel solutions reduce the likelihood of missed deliveries or parcels being left unattended.

For buyers comparing apartments, these everyday details are becoming part of the decision-making process.

Location, floorplans and finishes remain fundamental, but the features that simplify daily life are carrying greater weight than they once did. As online shopping continues to shape consumer behaviour, secure parcel delivery is increasingly becoming another amenity worth looking for.

Joel Robinson

Parcel delivery is joining the apartment amenity checklist

Inca Property Group has lodged a State Significant Development Application (SSDA) for Dawn, a 53-apartment oceanfront development overlooking Mona Vale Beach.

The proposal, at 35-39 Darley Street East, would replace an existing 18-apartment strata building with a new owner-occupier-focused development comprising 53 two and three-bedroom apartments, including nine affordable built-to-rent residences delivered under the State's infill affordable housing scheme.

Positioned on a 2,679 sqm elevated site around 280 metres from Mona Vale Beach, the development has been designed to maximise panoramic ocean views while responding to the site's sloping topography.

<a href="https://www.apartments.com.au/developers/inca-property-group">Inca Property Group</a> Managing Director Josh Thompson said the State Significant pathway provided greater certainty for projects of this scale.

"This State Significant pathway gives the team real certainty to progress <a href="https://www.apartments.com.au/new-apartments/dawn-35-39-darley-street-east-mona-vale-nsw-2103">Dawn</a> through to completion," Thompson said.

"It allows us to acquire a one-off site, design it carefully and deliver the right offering for the suburb, assessed by the NSW Government's planning department."

The project is one of the first developments in the area to be assessed under the NSW Government's Low and Mid-Rise Housing policy, with the site sitting on the edge of the policy's designated inner area.

The proposal includes three basement levels providing 124 car spaces, alongside a range of resident amenities including a swimming pool, gym, sauna, wellness facilities and private plunge pools for selected ground-floor and penthouse apartments.

<img alt="Dawn" data-entity-type="file" data-entity-uuid="fc1a1daf-0ce4-4f12-9076-b1fa553c7a91" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-21%20at%208.42.11%E2%80%AFAM.png?VersionId=4GZ9h.gpNkTljbxyAET8Jfhv51XUamDm" />

Thompson said Dawn had been designed specifically for owner-occupiers and downsizers, a buyer profile that has driven demand across Inca's recent Upper North Shore developments.

"The majority of buyers in our recent North Shore projects have been downsizers, and we are learning exactly what this market is looking for. Beyond the location itself, we have included resort-style amenities to deliver a genuine lifestyle offering," Thompson said.

Located within walking distance of Mona Vale Beach, the town centre, Mona Vale Golf Club and the Royal Motor Yacht Club, Dawn represents Inca's first Northern Beaches project following the sell-out of Tara on Park in Waitara and Ellis Residences, currently under construction in St Ives.

Construction will be undertaken by Inca's in-house construction arm, GOP Constructions.

Dawn is the latest major apartment proposal for Mona Vale, with the suburb emerging as one of the key beneficiaries of the NSW Government's new Low and Mid-Rise Housing policy.

New developer One Living, led by industry veteran Joseph Scuderi, recently secured a site on Mona Vale Road, on the border of Mona Vale and Pymble, where it is planning around 140 apartments.

IPM is also planning its third project in Mona Vale, significantly increasing the scale of its previous developments with an 82-apartment proposal at <a href="https://www.apartments.com.au/new-apartments/159-167-darley-street-west-mona-vale-nsw-2103">159-167 Darley Street West</a>, opposite Bayview Golf Course and less than 800 metres from Mona Vale town centre.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/one-living-enters-sydneys-new-apartment-market-with-northern-beaches-site-acquisition">One Living enters Sydney's new apartment market with Northern Beaches site acquisition</a>

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-ipm-plans-third-mona-vale-project">First look: IPM plans third Mona Vale project</a>

First look: Inca eyes Mona Vale with State Significant DA for Dawn apartments

Seasoned Victorian apartment developer <a href="https://www.apartments.com.au/developers/central-equity">Central Equity</a> has logged more than $400 million in sales in its luxury apartment project Palmera Residences at Northcliffe on the Gold Coast.&nbsp;

Central Equity Director Karl Kutner said the sales result reflected a combination of location, product quality and delivery certainty with the project already under construction by building powerhouse Multiplex.&nbsp;

"Surpassing $400 million in sales since launch is a significant milestone and an outstanding endorsement of <a href="https://www.apartments.com.au/new-apartments/palmera-residences-gold-coast-18-garfield-terrace-surfers-paradise-qld-4217">Palmera Residences</a>,” he said.&nbsp;

"We believe one of the key reasons for this strong result is the confidence purchasers have in knowing the project is under construction with Multiplex. Buyers are increasingly looking for certainty. They want to know that the project they commit to today will be delivered by an experienced team with a proven track record."&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365782]

Kutner said it was clear there was still high demand for luxury projects that offered certainty of delivery.&nbsp;

“We are in a market where many residential developments have faced delays due to rising construction costs, labour shortages and financing challenges,” said Kutner.&nbsp;

"But having construction underway has provided our buyers with resounding confidence backed by more than 40 years of development delivery by Central Equity combined with construction by one of Australia's most respected construction companies."&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365785]

Central Equity is one of Australia's most experienced privately-owned property developers. Over more than four decades, the company has delivered in excess of 85 residential developments including 10,000 apartments and many thousands of stand alone homes.&nbsp;

Located on Garfield Terrace at Northcliffe, between Surfers Paradise and Broadbeach, Palmera Residences occupies one of the Gold Coast's most sought after beachside locations. The development has been designed to appeal to owner occupiers seeking premium residences that combine generous living spaces and resort style amenities.&nbsp;

Palmera Residences will feature an exceptional collection of resort style amenities, including two swimming pools: a generously sized family pool with safe shallow zones for relaxed recreation, and a 20 metre lap pool positioned to maximise all day sunlight.&nbsp;

Residents will also enjoy exclusive access to wellness and recreational facilities including a magnesium pool, sauna, yoga studio, expansive fitted gymnasium, resident lounge, outdoor BBQ’s&nbsp;and indoor and outdoor dining areas, together with a dedicated concierge and luxurious hotel inspired entrance foyer.&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365767]

A unique feature at Palmera Residences has been designed to enhance the Gold Coast lifestyle which includes both indoor and outdoor gymnasium facilities, together with thoughtfully designed indoor and outdoor dining and entertaining areas. A corner café has also been incorporated to provide residents with a destination for their everyday needs.&nbsp;

Kutner said buyer demand had been broad based with purchasers attracted from interstate as well as throughout South East Queensland.&nbsp;

"We're seeing strong interest from owner occupiers, lifestyle buyers and people relocating to the Gold Coast. Many purchasers have been searching for a premium beachside residence where quality, design and delivery are equally important."&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365771]

Kutner said the sales milestone was an important achievement, but the focus remained firmly on delivering an exceptional development.&nbsp;

"While reaching $400 million in sales is an important milestone, our priority remains delivering a project that exceeds purchaser expectations,” he said.&nbsp;

"Palmera Residences has been designed to become one of the Gold Coast's landmark residential addresses, and we look forward to welcoming our purchasers to their new homes."&nbsp;

There are a limited number of residences remaining in selected configurations with pricing from $2,950,000 to $8,950,000. Palmera Residences is also crowned by expansive penthouses with wrap around views.

[smartcode_project_cta:default project_id=108274]

Construction certainty and strong buyer demand drive major sales result for luxury Gold Coast development

Palmera Residences fly out the door as sales pass $400 million

National property developer <a href="https://www.apartments.com.au/developers/goldfields-group">Goldfields</a> has appointed BINAH as its construction partner for Quartet, its new Brisbane apartment development in the undersupplied suburb of <a href="https://www.apartments.com.au/developments/milton-qld-4064">Milton</a>.

Located just two kilometres from the Brisbane CBD and moments from key 2032 Olympic precincts, <a href="https://www.apartments.com.au/new-apartments/quartet-milton-33-manning-street-milton-qld-4064">Quartet</a> will deliver 131 one, two, three, and four-bedroom apartments priced from $1 million to $4.2 million, combining elevated design with a wellness-focused lifestyle offering.&nbsp;

[smartcode_project:default project_id=108736 project_image_fid=368000]

Goldfields’ Chief Executive Officer, Lachlan Thompson, said the appointment of <a href="https://www.apartments.com.au/builders/binah-constructions">BINAH</a> marked an important milestone for the project.&nbsp;

“Bringing BINAH on board as our construction partner will allow us to bring our vision for Quartet forward with a team that has a proven track record of delivering high-quality residential projects,” Thompson said.&nbsp;

“We’ve taken a considered approach to progressing the site because we wanted to deliver the whole package. Buyers ultimately back great developers, great projects and great builders, and with Quartet, we’ve made sure all three line up.

“People want certainty, they want to know the project will be built, that the homes will be delivered as promised, and that the developer stands behind the quality of what they create. That’s something Goldfields has built its reputation on over many years.”&nbsp;

[smartcode_project:default project_id=108736 project_image_fid=367993]

BINAH’s Managing Director, Khalil Hafza, said the company was proud to be partnering with Goldfields to deliver Quartet.&nbsp;

“Quartet is an exciting project to bring to life, particularly given the level of detail in the residences and the extensive rooftop amenity planned for the building,” Mr Hafza said.&nbsp;

“Our focus is on delivering a high-quality build that brings that design vision to life and creates homes residents will enjoy for many years.”&nbsp;

[smartcode_project:default project_id=108736 project_image_fid=367999]

The facilities at Quartet have been feared towards the roof, with a&nbsp;25 metre lap pool, spa, sauna and cold plunge, and a communal barbecue area and alfresco.

Town planning was designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> and brought to life by Melbourne-based architecture firm Cera Stribley.

<a href="https://www.apartments.com.au/interior-designers/cera-stribley">Cera Stribley</a> Co-Founder and Managing Principal, Dom Cerantonio, said the project responds to both its riverside setting and Brisbane’s evolving urban character.&nbsp;

“Quartet has been designed to sit comfortably within its riverside context, offering a refined take on urban living through well-planned, generously proportioned residences that will stand the test of time,” Mr Cerantonio said.&nbsp;

“An emphasis on natural light, natural textures and carefully selected finishes from timber and marble to premium appliances, creates calm, considered interiors designed for comfort and long-term liveability.”&nbsp;

Construction of Quartet will commence in July 2026, with completion anticipated in Q4 2028.

[smartcode_project_cta:default project_id=108736]

Construction to commence on 131-residence tower designed around wellness-focused living

Goldfields appoints BINAH for Quartet apartments in Milton

The first partnership between national developer <a href="https://www.apartments.com.au/developers/fortis">Fortis</a> and Adelaide-based developer <a href="https://www.apartments.com.au/developers/otello">Otello</a> has made a strong start, with the pair securing $21 million in unconditional sales at <a href="https://www.apartments.com.au/new-apartments/one-four-four-hutt-adelaide-144-hutt-street-adelaide-sa-5000">One Four Four Hutt</a>&nbsp;on the edge of the Adelaide CBD.

Over a third of apartments have been snapped up in the boutique 44-apartment project on the corner of Hutt Stret and Wakefield Road. Local downsizers and owner-occupiers wanting to remain in Adelaide's tightly-held southeast quarter have been the most prominent purchasers.

The DKO-designed, mixed-use development is one of the few new apartment projects in the precinct, an area where new housing supply has remained limited despite continued demand from buyers wanting to stay close to the CBD, Victoria Park and Adelaide's established east-end amenities.

[smartcode_project:default project_id=151233 project_image_fid=375378]

Fortis Head of Development SA Arthur Dendrinos said the early sales reflected both the strength of the local owner-occupier market and confidence in the Hutt Street location.

"The level of early commitment reflects the confidence local buyers have in the Hutt Street precinct," Dendrinos said.

"Many purchasers are long-term east-end residents who love the area and want to stay connected to the neighbourhood. They recognise the value of a well-designed, well-located development.

"Our partnership with Otello has been central to this success, and the number of unconditional sales at this stage only strengthens our confidence in the South Australian market."

[smartcode_project:default project_id=151233 project_image_fid=375379]

Otello Director Daniel Harris said the sales result also highlighted the lack of new apartment opportunities within the Hutt Street precinct.

"One Four Four Hutt has clearly resonated with buyers, with strong early sales reflecting both the appeal of the Hutt Street corridor and the lifestyle on offer," Harris said.

"The activated ground-floor retail has also been a key drawcard, with purchasers responding to the vision of a more vibrant and connected streetscape, not just the residences themselves."

One Four Four Hutt will deliver 44 one, two and three-bedroom apartments, alongside a collection of penthouses, above a ground-floor retail offering designed to further activate the Hutt Street precinct.

Construction is scheduled to commence in the third quarter of this year, with completion anticipated in 2028.

[smartcode_project_cta:default project_id=151233]

Fortis Head of Development SA Arthur Dendrinos said the early sales reflected both the strength of the local owner-occupier market and confidence in the Hutt Street location.

Fortis makes Adelaide debut with Otello as One Four Four Hutt records strong early sales

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 ACT will become the first jurisdiction in Australia to abolish stamp duty for all first home buyers, with no income caps and no property price thresholds from 1 July.

The move, announced as part of the ACT Budget, completes a key election commitment from the Barr Government and removes what Chief Minister Andrew Barr described as one of the biggest barriers to entering the housing market. The reform forms part of the ACT's long-running transition away from transaction taxes and towards a broader-based property tax system.

"This budget marks a major milestone in our long-term tax reform program," Barr said, adding that the government had maintained a sustained focus on removing barriers to home ownership. He said stamp duty had long been one of the largest upfront hurdles facing buyers and that from July, "that barrier is gone" for first home buyers in the Territory.

[smartcode_project:default project_id=139989 project_image_fid=350986]

The changes come alongside a range of measures designed to encourage new housing supply, including support for the delivery of so-called "missing middle" housing such as terraces, townhouses and low-rise multi-unit developments.

The announcement has renewed debate around whether the ACT's approach could provide a blueprint for improving housing affordability nationally.

New research from OurTop10.com.au, conducted by Primara Research, suggests the Territory's decade-long reform agenda has produced outcomes unmatched elsewhere in Australia.

While stamp duty costs have increased by an average 67 per cent nationally over the past decade, the ACT has recorded growth of just 15 per cent, the lowest increase of any jurisdiction.

The Territory has also emerged as one of the strongest performers on housing delivery. Based on population-weighted housing targets, the ACT is sitting less than one per cent behind its target. Victoria is the next closest at seven per cent behind, while the national average sits 25 per cent below target. New South Wales is tracking 39 per cent behind.

The latest reform removes one of the final barriers facing first home buyers in Canberra.

[smartcode_project:default project_id=139989 project_image_fid=359152]

The average Australian home buyer currently pays $61,714 in stamp duty. In the ACT, that figure is $38,399 despite the Territory having the third-highest median house price in the country.

Until now, the ACT's first home buyer concession scheme only applied to purchases up to $1.02 million, around $51,000 below Canberra's median house price of $1.071 million. In practical terms, many first home buyers were unable to access the median-priced home without losing the concession.

From July, those restrictions disappear.

Every first home buyer in the ACT will pay no stamp duty, regardless of income or purchase price.

Canberra remains one of Australia's most expensive housing markets, with dwelling values increasing 82 per cent over the past decade. However, that growth ranks only 11th among Australia's 15 major housing markets, suggesting affordability pressures have been less severe than in many other parts of the country.

Simon Ma, CEO of OurTop10.com.au, said the latest reforms recognise that many first home buyers have simply outgrown thresholds set years ago.

"Many first home buyers aren't just looking for a way onto the ladder, they want a home their family can actually live in," Ma said.

"In a market where the median house price is over a million dollars, a concession scheme that cuts out at $1.02 million was never going to get them there.

"Removing the ceiling entirely means ACT first home buyers can now pursue the home they actually want, rather than limiting themselves to a price point designed for a very different market."

Whether other states follow remains to be seen. But at a time when most jurisdictions are struggling to improve affordability while also increasing housing supply, the ACT has quietly become the national test case for both.

15% stamp duty growth. Just 1% off the national housing target. Zero stamp duty for FHBs. Is the ACT the blueprint for the great Australian dream?

ACT abolishes stamp duty for first home buyers

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Australia’s property market will be on the rebound in 2013, having reached the bottom of the property cycle, according to the First National Real Estate 2013 Property Market Outlook.
“Our members are looking forward to 2013 where the market is expected to build on the momentum already seen over the last six months of 2012,” Ray Ellis, the First National Real Estate chief said.
“Almost three-quarters of our members say the market has bottomed or will do so in the coming six months.
“However, while the market is on the rebound, there is a general consensus the recovery will continue to be slow and gradual.”
Its been based on a survey of the 400 plus member network of whom 90% of respondents thought market conditions would stabilise or improve in the first half of the year.
Some 91% of the respondents also envisaged the average number of days a property is on the market is expected to hold, or fall from current levels and that property listings will remain at current levels or rise.
Agents expect property prices to remain flat, with any increases to be found primarily in houses and land rather than apartments.
"Growing affordability will drive home price growth in New South Wales, Tasmania, South Australia and Western Australia," the report suggested.
Improved affordability and better buying conditions will underpin home buying activity growth in 2013, with the survey showing upgraders and investors will be the most active sectors.
In South Australia and Western Australia, first home buyers are expected to be the most active, but in New South Wales, Queensland and Tasmania it will be investors. In Victoria, opinion is equally split between the two market sectors.
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jchancellor-FAypfDUnLy

Slow and gradual market recovery in 2013: First National

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After some modest declines and stagnation during the month of October, vacancy rates rose 0.1% on a national level during the month of November.
But significantly Victoria tipped the 3% equilibrium, according to SQM Research.
On a national level, vacancy levels rose from 1.8% to 1.9%, with a total of 54,067 vacancies.
Melbourne had a 3.2% vacancy rate, an increase of 0.4% from the October figure of 2.8%.
Melbourne has a total of 13,411 vacancies and is up year-to-year by 0.2%. SQM Research considers 3% to be “equilibrium” in rental markets, ie a balance between landlord and renter interests. 
Darwin also experienced a modest increase of 0.4%, from 0.7% to 1.1%, totally 256 vacancies. This could spell some relief for Darwin, which has been recording a vacancy rate of less than 1% for quite some time now.
Sydney is up by 0.2% to 1.8%, with a total vacancy rate of 10,048. The figure accords with the recent Real Estate of NSW data.
Adelaide rose 0.1% to 1.5% with a total vacancy rate of 2,429 during the month of November.
Canberra went from 1.0% in October to 1.3% in November, an increase to 684 vacancies.
Hobart had a gradual increase of 0.1% to 2.1% with 571 vacancies.
Perth is still a tight market, increasing 0.1% to 0.7% with a total vacancy of 1,302. Year-on-year, Perth has been unchanged.
“The rise in vacancy rates this month is the result of a seasonal effect which occurs normally at this time of year. We expect December to also record a rise as well, due to seasonality,” says managing director of SQM Research Louis Christopher.
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Melbourne tips the 3% vacancy rate equilibrium: SQM Research

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Although the official 2012 residential property auction season came to an end over the weekend, now could be the time to negotiate your way into your 2013 dream home.
As we countdown to Christmas and then the new year, the Property Investment Professionals of Australia (PIPA) says opportunities in the property market could actually ripen, with those closing their cheque books too soon potentially missing out on a unique purchasing opportunity.
Last Christmas Eve in NSW there were 100 sales. They ranged from $77,000 at Cowra to $5.5 million in Bronte when Toni Collette and her musician husband, David Galafassi secured their desired Sydney base.
PIPA says the Christmas season can bring greater room for negotiation and price discounts for both investors and homebuyers, as there’s less buyer competition in the market. Finding a solicitor might make things trying during the break, though. <a target="_blank" href="https://www.propertyobserver.com.au/residential/seven-smart-selling-and-buying-tips-for-christmas-house-hunting-or-early-bird-2013-listing/2012112758054">But the economist Christopher Joye bought his Sydney house on a past Christmas Eve, maintaining it was a good time to crunch the cheaper deal given the vendors had the property still for sale after an unsuccessful early December auction</a>.
At Saturday auctions in Sydney, the auction clearance rate hit 71%, according to Australian Property Monitors from the 44 reported auctions. 
A clearance rate of 65% was recorded in Melbourne from the 148 auctions reported to the REIV.
“Astute property buyers and investors are still active in the property market over the Christmas and New Year break because they know some great buying opportunities can come up,” says chair of PIPA Ben Kingsley.
“Most vendors will want to start the New Year with their property transactions completed which means they are often more motivated to close a deal.”
Kingsley suggests investors and homebuyers should retrace their steps through the property market and review properties that caught their eye earlier in the season.
“Originally, these properties may have been out of your price range, but if they’ve failed to sell, the vendor may well be willing to negotiate,” says Kingsley.
REIV say their busiest month is March, with 11,500 sales in 2011.
Based on the 2011 results, REIV are expecting 6,000 sales in January for Victoria.
Almost half the sales of the busiest month, REIV says a significant reason for this is the near total lack of auctions in January.
Sydney similiarly has few January city auctions, but  Australian Property Monitor's senior economist, Dr Andrew Wilson, suggests this year saw the emergence as a "summer selling season."
"Certainly the trend has been for more (December) summer auctions over the last three years."
He puts this year's highest number of December auctions down to sellers being encouraged by around nine weeks of weekend auction clearance rates above 60%.
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po-LsXgBTHBmX

Property buying opportunities could ripen in the festive season: PIPA

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<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/stories/2012/12/vinyl.jpg" alt="Christmas tree">It's no secret that apartments are becoming smaller, so if you’re finding it difficult to locate a spot for a Christmas tree, or are allergic to the smell of pine, here’s a solution.
<a href="https://www.etsy.com/listing/115045424/leaning-christmas-tree-wall-art?ref=sr_gallery_5&amp;ga_search_query=christmas+tree+wall&amp;ga_view_type=gallery&amp;ga_ship_to=AU&amp;ga_search_type=all&amp;ga_facet=christmas+tree+wall" target="_blank"><img src="/images/stories/2012/12/aptttree.jpg"></a>
It's all the rage in the big cities of the United States. As Christmas is only days away, the American websites most likely won't be able to deliver on time, but you may be able to grab a last minute one from Australian store <a target="_blank" href="https://vinyldesign.com.au/Christmas-Designs/Christmas-Tree-Wall-Decal">Vinyl Design.</a>
It's a modern twist on Christmas ornaments, creating Christmas tree wall decals. 
<a href="https://www.etsy.com/listing/113857224/christmas-tree-wall-decal-geometric-xmas?ref=sr_gallery_7&amp;ga_search_query=christmas+tree+wall&amp;ga_view_type=gallery&amp;ga_ship_to=AU&amp;ga_search_type=all&amp;ga_facet=christmas+tree+wall%5C" target="_blank"><img src="/images/stories/2012/12/apttree.jpg" width="470"></a>
The vinyl wall decals only take minutes to apply to your wall and then you’re free to decorate as you please.
Taking up zero space and causing no damage to your apartment walls, these modern tree decals are affordable for $45 f<a target="_blank" href="https://www.etsy.com/listing/115045424/leaning-christmas-tree-wall-art?ref=sr_gallery_5&amp;ga_search_query=christmas+tree+wall&amp;ga_view_type=gallery&amp;ga_ship_to=AU&amp;ga_search_type=all&amp;ga_facet=christmas+tree+wall">rom the handmade marketplace Etsy.</a>
There is a choice of 14 colours and the standard tree is 92 centimetres high, however there is a choice to customise your own.
Once Christmas is over, you simply peel the decal of,f with no time consuming packing up of Christmas decorations.
<img width="470" src="/images/stories/2012/12/apttree2.jpg">
It seems that the trend of Christmas tree wall decals hasn't quite caught on yet in Australia and majority of the stores are based internationally.
<a target="_blank" href="https://www.apartmenttherapy.com/no-room-for-a-tree-modern-holi-162018"><img src="/images/stories/2012/12/bookshelftree.jpg"></a>
Other ideas for those conscious of space include DIY trees like a <a target="_blank" href="https://www.apartmenttherapy.com/no-room-for-a-tree-modern-holi-162018">bookshelf tree and a post-it-note tree.</a>
<a target="_blank" href="https://www.apartmenttherapy.com/no-room-for-a-tree-modern-holi-162018"><img width="470" src="/images/stories/2012/12/postittree.jpg"></a>
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Christmas trees for trendy space-conscious apartment dwellers

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ANZ has noted housing demand/supply fundamentals continue to tighten, buoyed by net migration and population growth accelerating.
Given building activity was only moderately higher than cyclical lows, there was now pressure in vacancy rates.
Strong demand for existing rental stock was adding upward pressure to advertised rents across most Australian capital cities rental markets.
It was also creating some spill over activity in the home buying market from first home buyers, with the relative cost of mortgage payments to rents decreasing.
"Looking through the distortions of first home buyer policy incentives, first home buyer finance levels are around 25% higher than the recent low in early 2011, the report by David Cannington and Paul Braddick noted.
"We expect demand for first home buyer finance will continue to recover through 2013," the 2012 housing chartbook said.
The report noted house prices have increased in recent months across most capital cities aided by interest rate cuts and tightening underlying housing market demand/supply fundamentals.
However, the housing market outlook across states and territories will likely remain "quite desynchronised."
In the coming year, house prices in Sydney, Brisbane, Perth and Darwin are likely to increase moderately, while soft state economic activity is expected to keep house prices flat to moderately lower in Melbourne, Adelaide and Hobart.
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ANZ notes housing demand/supply fundamentals continue to tighten, with net migration and population

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Australand has rebuffed the unsolicited, non-binding proposal from GPT to acquire much of its core business.
Its taken five days for the Australand board to make its response to what effectively was the cherry-picking proposal of GPT for Australand’s investment property portfolio and its commercial and industrial business.
The offer involved Australand retaining the residential business.
The Australand board has today declared the GPT proposal as "not providing a compelling value proposition."
It was not in the best interests of Australand’s securityholders with the board suggesting the offer "does not provide a sufficient premium nor compensate Australand securityholders for the transaction costs that would be incurred by Australand, structural inefficiencies and risks involved with implementing the proposal including the uncertainty as to the trading value of the residual residential business as a stand alone listed company."
The board does not intend to engage with GPT in relation to the proposal which they view as  "incomplete, highly conditional and subject to a number of factors including undertaking due diligence, exclusivity and market break fees."
The proposal involved GPT acquiring the assets at a premium of $140 million to the 30 June 2012 book value.
 
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Australand rejects GPT offer

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Residential property prices in Perth and Darwin could rise as much as 7% next year, but  little optimism is held by Australian Property Monitors' senior economist, Dr Andrew Wilson for Melbourne, Adelaide and Hobart.
Record immigration levels, housing shortages and rising rents will boost Perth’s potential, APM suggests.
APM expects the best capital growth to be in Darwin and Perth in 2013, with Wilson saying Sydney and Brisbane also look good leading into 2013.
He expects price growth between 3 and 5% for both cities.
Click to enlarge
<a href="/images/stories/2012/12/apmdec131.gif" rel="shadowbox" title="Click to enlarge"><img src="/images/stories/2012/12/apmdec132.gif"></a>
“APM expects investors will continue to be active in 2013 increasingly attracted to bricks and mortar investment by historically low interest rates and the prospects of capital gains – particularly focused on Sydney, Perth and Brisbane.
“Overall markets have stepped forward modestly into recovery in 2012, with the prospect of this trend continuing in most capital cities,” Wilson says.
Sydney’s inner-west, Canterbury-Bankstown and Hills suburban areas were tipped as areas to watch.
Despite Brisbane’s economy underperforming, prices there have stabilised and should improve. The apartment market should also perform well next year.
But capitals such as Melbourne, Adelaide and Hobart are expected to remain flat with little price growth.
Dr Wilson said markets would continue to be driven largely by localised factors such as job security concerns, cost of living pressures and state and federal government fiscal policies.
While local economic factors may constrain Melbourne’s middle market, APM expects the prestige market to continue building solid buyer momentum.
“[The year] 2013 should continue to build on the modest gains of the past year. However, the forthcoming federal election and the likelihood of a protracted campaign may result in some uncertainty amongst home buyers and sellers, with confidence already low,” he said.
APM says 2012 had been a positive year for the Australian housing market following a generally subdued period of buyer activity in 2011.
The national median house price rose by just under one percent over the 10 months to October 2012.
"Although the housing market performance in 2012 has been generally positive, results have nonetheless been mixed and patchy, with buyer and seller confidence remaining fragile.
"Capital city markets have responded mainly to local demand and supply drivers although the reduction in official interest rates from 4.75 percent in November 2011 to 3 percent in December 2012 has improved housing affordability and contributed to higher levels of buyer confidence.
"The cut in mortgage interest rates has however been offset by significant rises in the cost of living driven particularly by tight state and national government fiscal policies and increased energy costs," Wilson says.
"2013 should continue to build on the modest gains of 2013 however much will depend on the performance of the national and local economies.
"The December cut in interest rates to the lowest level on record should help get the market off to a good start to the year," Wilson says.
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APM expects property investors will be active in 2013, especially in Sydney, Perth and Brisbane

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The number of residential properties listed for sale across Australia increased by 4.9% during the month of November but remain unchanged year-on-year according to SQM Research.
The overall listings totalled 363,436 nationally but there is only the difference of 10 listing when compared to November 2011.
SQM Research says Darwin is showing signs of severe under supply with a decrease of 21.7% in listings compared to this time last year. However, during November the Northern Territory capital city experienced a 3.3% increase in stock, bringing total listings to 1,188.
Perth experienced the highest increase of listings this month with a 10.4% change - bringing the total listings to 18,737 – but dropped 3.5% when compared to November last year.
Sydney experienced a 7.7% increase on last month but is 9.0% lower than last year, with a total of 31,863 listings.
Melbourne has increased by a modest 2,345 listings compared to last month – a total of 5.3% - but isstill down on last year by 0.4%.
Brisbane listings also increased compared to last month by 3.1% - a total of 27,331 – but is down 1.2% on November 2011.
Canberra listings increased by 9.2% compared to last month and 4.4% year-on-year, with listings totaling 4,103.
Hobart also increased significantly by 6.4% to 4,615 listings during the month of November. Hobart experienced the biggest year-on-year change with a 6.6% increase.
“It seems the spring selling season did come late for the property market, with the November results being the first spring month to record a meaningful increase in listings,” says managing director of SQM Research Louis Christopher.
SQM Research predicts closer to Christmas, the level of stock will stagnate or decrease slightly as the property market slows down for the end of the year.
“In line with seasonality, I expect the December and January results to records falls,” says Louis Christopher.
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Residential listings rise 4.9% in November to bloom late in the last month of spring: SQM Research

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Pricey Forrest – with a median house price of $1,722,500 – is ACT's slowest selling suburb, with an average of 138 days on the market before private treaty sale.
In second place is Casey, with a median house price of $535,000 and an average of 121 days on the market.
Third place is a draw between Campbell and Forde, which both have an average sitting time of 155 days.
Campbell's median house price is $893,000 and Forde's median house price is $543,000.
<table cellpadding="0" cellspacing="0" border="1" style="width: 470px;"><tbody>
<tr>
<td width="106" valign="top">
Suburb
</td>
<td width="106" valign="top">
Postcode
</td>
<td width="106" valign="top">
Median Price
</td>
<td width="106" valign="top">
Days on market
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Forrest</a>
</td>
<td width="106" valign="top">
2603
</td>
<td width="106" valign="top">
$1,772,500
</td>
<td width="106" valign="top">
138
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Casey</a>
</td>
<td width="106" valign="top">
2913
</td>
<td width="106" valign="top">
$535,000
</td>
<td width="106" valign="top">
121
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Campbell</a>
</td>
<td width="106" valign="top">
2612
</td>
<td width="106" valign="top">
$893,000
</td>
<td width="106" valign="top">
115
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Forde</a>
</td>
<td width="106" valign="top">
2914
</td>
<td width="106" valign="top">
$543,000
</td>
<td width="106" valign="top">
115
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Monash</a>
</td>
<td width="106" valign="top">
2904
</td>
<td width="106" valign="top">
$512,000
</td>
<td width="106" valign="top">
112
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Bruce</a>
</td>
<td width="106" valign="top">
2617
</td>
<td width="106" valign="top">
$645,000
</td>
<td width="106" valign="top">
108
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Isaacs</a>
</td>
<td width="106" valign="top">
2607
</td>
<td width="106" valign="top">
$815,000
</td>
<td width="106" valign="top">
98
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Griffith</a>
</td>
<td width="106" valign="top">
2603
</td>
<td width="106" valign="top">
$1,060,000
</td>
<td width="106" valign="top">
93
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Hughes</a>
</td>
<td width="106" valign="top">
2605
</td>
<td width="106" valign="top">
$777,500
</td>
<td width="106" valign="top">
93
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Flynn</a>
</td>
<td width="106" valign="top">
2615
</td>
<td width="106" valign="top">
$480,000
</td>
<td width="106" valign="top">
92
</td>
</tr>
</tbody></table>
Source: <a target="_blank" href="https://www.rpdata.com/" style="outline-style: none; outline-width: initial; outline-color: initial; text-decoration: underline; color: #6888b1;">RPData</a>
<a target="_blank" href="https://www.rpdata.com/"></a>
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Forrest tops ACT 10 slowest selling suburbs: RP Data 

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Housing credit provided by lenders to borrowers increased by just 0.3% over October, continuing a trend of record low mortgage growth, according to RBA figures.
This followed an increase of 0.4% over September to leave housing credit growth at 4.7% for the year to October – the lowest rate of growth for data going back to 1976.
Owner occupier lending rose just 0.3% to be up 4.3% for the year with investor lending activity slightly stronger, up 0.4% for the month and 5.4% for the year.
The lack of a pick-up in mortgage lending may provide further encouragement for the RBA to cut the cash rate on December 4.
CommSec says the weak lending figures add weight to a December rate cut.
"The Reserve Bank is likely to be disappointed by the latest round of data. There are not many reasons for encouragement and overall the data doesn’t highlight any significant shift in activity patterns across the economy," says Savanth Sebastian, economist at CommSec.
The central bank is likely to be more focussed on the global economy and the downside risks to global growth. At the Reserve Bank Board meeting next week, it is likely that the merits of another rate cut will be debated long and hard. We believe the Reserve Bank should be cutting rates by 25bps in a effort to spur activity and shore up domestic growth
Overall, Australian consumers and businesses continue to deleverage with total credit provided to the private sector by financial intermediaries rising by just 0.1% over October 2012, after rising by 0.3% September. Over the year to October, total credit rose by 3.8%.
Personal credit increased by 0.1% over October, after increasing by 0.3% to be down 0.7% for the year to October.
Business credit decreased by 0.3% over October, after increasing by 0.3% over September to be up 3.3% for the year to October.
Banks share of all lending stands at 92% with non-bank lenders accounting for 8% of loans advanced.
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ACT abolishes stamp duty for first home buyers

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ACT abolishes stamp duty for first home buyers

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