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.

Joel Robinson

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

<a href="https://www.apartments.com.au/new-apartments/otium-parkdale-123-125-como-parade-east-parkdale-vic-3195">Otium Parkdale</a>, the 13-residence boutique development by&nbsp;<a href="https://www.apartments.com.au/developers/huxtable-property">Huxtable Property</a>, has entered its final stages of delivery, with completion expected within the coming month and more than half of the residences sold.

The Como Parade East project is nearing the finish line at a time when opportunities to purchase new apartments in <a href="https://www.apartments.com.au/developments/parkdale-vic-3195">Parkdale</a> remain exceptionally limited. Fewer than 10 per cent of dwellings in the bayside suburb are apartments, making developments like Otium a relatively rare addition to a market traditionally dominated by detached housing.

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The three-level development comprises 13 residences, including ten two-bedroom apartments and three larger three-bedroom homes, all positioned above a secure basement car park.

Designed by <a href="https://www.apartments.com.au/architects/almeida-architects">Almeida Architects</a> with a strong connection to its coastal surroundings, Otium combines red brick, exposed concrete and dark metal detailing with integrated landscaping and greenery. Expansive glazing, generous balconies and terraces have been incorporated throughout the design to maximise natural light and reinforce indoor-outdoor living.

Inside, the residences feature engineered European oak flooring, natural and reconstituted stone benchtops, Bosch kitchen appliances, ducted heating and cooling, lift access and secure entry systems. The larger three-bedroom residences on the upper level have been designed with house-like proportions, while the two-bedroom apartments prioritise functionality, flexibility and low-maintenance living.

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The project is now in its final stages, with <a href="https://www.apartments.com.au/builders/labco">Labco</a> completing the remaining landscaping and external finishing works following the completion of the residences' interiors.

Otium's location within the heart of Parkdale continues to underpin its appeal. Residents will be just steps from local cafés, restaurants, shops and the newly elevated Parkdale Station, while the beach is less than a kilometre away.

With the project tracking ahead of schedule, buyers can currently secure a residence with a five per cent deposit and benefit from settlement terms of up to eight months. The advanced stage of construction also provides buyers with the opportunity to walk through the near-complete residences and experience the quality and finishes firsthand ahead of completion.

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Otium Parkdale enters final month before completion as rare apartment opportunity nears sellout

A new boutique apartment development is entering the market in <a href="https://www.apartments.com.au/developments/chermside-qld-4032">Chermside</a>, with Brisbane-based developer <a href="https://www.apartments.com.au/developers/ausdev">Ausdev</a> bringing 33 residences to a well-connected pocket of Brisbane's north.

<a href="https://www.apartments.com.au/new-apartments/parkdrive-apartments-chermside-25-sammells-drive-chermside-qld-4032">Parkdrive Apartments</a>, at 25 Sammells Drive, will comprise a mix of one- and two-bedroom residences positioned within walking distance of Westfield Chermside, The Prince Charles Hospital, and Bradbury Park.

Established in 1989, Ausdev has a long-standing presence across both development and construction, with Parkdrive Apartments representing its latest residential project in Brisbane's northern suburbs.

[smartcode_project:default project_id=152125 project_image_fid=363778]

The development has been designed around open-plan living and natural light, with residences featuring stone benchtops, timber cabinetry, BOSCH appliances, and private balconies that extend the living areas outdoors.

Kitchens are positioned as the centrepiece of the homes, incorporating natural material palettes and integrated appliances, while bathrooms have been designed with a focus on functionality and understated finishes.

Residents will have access to a communal barbecue and entertaining area on Level 3, providing shared outdoor space within the development. Secure parking and lift access are also incorporated into the building.

The project will deliver a limited collection of 33 apartments, with one-bedroom residences priced from $749,000.

[smartcode_project:default project_id=152125 project_image_fid=363782]

Beyond the building itself, the location places residents within easy reach of several of Chermside's key amenities. Bradbury Park is around 350 metres away, while Westfield Chermside is approximately 1.3 kilometres from the site. The Prince Charles Hospital is located within 750 metres, and the Chermside Bus Interchange is around 1.5 kilometres away, providing connections across Brisbane.

Parkdrive Apartments adds to the growing residential pipeline in Chermside, a suburb that continues to evolve as a major retail, healthcare, and transport hub for Brisbane's north.

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Ausdev introduces boutique Parkdrive Apartments to Chermside's growing centre

<a href="https://www.apartments.com.au/developers/skymark-group">Skymark</a>'s boutique Cronulla development Solis has secured a 10-year Latent Defects Insurance policy through Resilience Insurance, providing buyers of the 16-residence building on Ewos Parade with structural and waterproofing protection that extends a decade beyond the building's completion.

Currently under construction and due for completion in late 2027, <a href="https://www.apartments.com.au/new-apartments/solis-cronulla-8-ewos-parade-cronulla-nsw-2230">Solis</a> is one of a small number of new developments in the Sutherland Shire to carry Resilience LDI coverage, a distinction that carries increasing weight as buyer confidence in the off-the-plan sector continues to be shaped by how developers stand behind their product.

Latent Defects Insurance, which entered the Australian market in 2022 when Resilience Insurance was approved to offer the cover, protects buyers against major structural or waterproofing defects for ten years post-completion. Unlike traditional statutory warranties, it operates as a first-resort policy, if a covered defect arises, the insurer responds directly, without the buyer needing to pursue the builder or developer through a lengthy claims process.

Resilience Insurance CEO Corey Nugent has noted that the product addresses something fundamental to the new apartment market.

"The overarching feedback from prospective buyers in the new development space is that they want more confidence and assurances around the quality of the build," Nugent says.

"Resilience Insurance Latent Defects Insurance not only gives them complete peace of mind for 10 years, but it shows the developer they are buying from is standing by their product."

[smartcode_project:default project_id=150499 project_image_fid=370898]

For Solis, the Resilience LDI policy adds a meaningful layer of accountability to an already considered project. The development comprises nine two-bedroom and seven three-bedroom residences, including one dual-level three-bedroom apartment, across a five-storey building on Ewos Parade, positioned between Shelly Beach and South Cronulla.

Garden apartments connect directly to private landscaped courtyards, while upper-level homes capture beach views to the east from level four and above.&nbsp;

All 16 residences include at least one balcony or courtyard, and select apartments on the upper floors feature bar areas and secondary flexible living spaces.

Hiba Sander, Managing Director of Skymark, says Solis offers a rare balance, nestled between the quiet beauty of secluded beaches and the lively charm of South Cronulla's esplanade.

"It's a place to choose your pace and live gracefully, seaside'," Sander says.

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The architecture, designed by <a href="https://www.apartments.com.au/architects/ida-design-group">IDA Design Group</a>'s Michael Trinh, draws from the natural erosion patterns of <a href="https://www.apartments.com.au/developments/cronulla-nsw-2230">Cronulla</a>'s sandstone headlands, translating the organic forms of the coastline into soft curves, pavilion-style massing, and a material palette chosen for longevity in a salt-tinged environment.&nbsp;

Textured natural stone, soft renders, and timber-look battens reference the tones of the surrounding cliffs, while the building has been oriented to maximise natural light and passive ventilation, with primary living spaces facing north and east to capture morning sun and sea breezes.

"At Solis, our aim was to create architecture that feels quietly confident, grounded in natural materials like stone and timber, and elevated by light and landscape," Trinh says.&nbsp;

"The buildings are designed to sit gently within their coastal surrounds, with expansive glazing and abundant greenery creating a seamless dialogue between inside and out."

[smartcode_project:default project_id=150499 project_image_fid=370897]

Interiors by <a href="https://www.apartments.com.au/architects/hot-black">Hot Black</a> carry the same material language through to every room. Kitchens feature integrated Gaggenau appliances, sculpted stone benchtops, and Lo &amp; Co joinery, while bathrooms feature natural stone, timber, and brushed metal finishes.&nbsp;

Hot Black Founder and Design Director Sophie Safrin describes the intent as one of considered restraint: "At Solis, every detail has been thoughtfully considered to create a timeless coastal retreat, calm, refined, and effortlessly liveable. From natural finishes to seamless indoor-outdoor flow, Solis offers a quiet elegance that's deeply connected to its surroundings.

The landscape, designed by Julian Brady of <a href="https://www.apartments.com.au/landscape-architect/sitedesignstudios">Site Design Studios</a>, treats green space as an integral part of the resident experience rather than an afterthought.&nbsp;

"Gentle curves and layered native plantings mirror the ebb and flow of the ocean," Julian Brady says, "creating a serene connection between architecture and place."&nbsp;

Coco Republic has provided bespoke furniture packages tailored to the project's coastal palette.

[smartcode_project:default project_id=150499 project_image_fid=370899]

Skymark has an established track record in the Sutherland Shire, with a portfolio spanning Cronulla, Woolooware and Burraneer that includes Isla, Sylva, Bask, Shells, Sula and Mist. Securing LDI on Solis reflects a broader shift in how the developer is positioning its buildings to buyers, at a time when Resilience Insurance expects the policy to become mandatory in New South Wales by 2028.

Sales at Solis are launching soon through Ray White Projects, with an official event scheduled for 11 June. Enquire for more information.

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Skymark takes out 10-year Resilience Insurance LDI at Solis Cronulla

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

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The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

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The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[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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Time on market for prestige houses and units in the ACT has blown out due to an oversupply of properties, according to CBRE’s latest market assessment.
Properties priced between $500,000 and $1 million are taking between two and six months to sell, while those priced above $1 million are taking between three and six months to sell.
As a result, the prestige ACT market is now a buyer's domain, according to CBRE’s ACT Residential Marketview for the second quarter of 2011.
Prestige sellers in the outer suburbs of Canberra are particurlarly struggling, CBRE associate director for valuation and advisory services, Marcus Hon told Property Observer.
 
Prestige units are taking longer to sell than prestige homes due to an oversupply of properties.
“Asking prices are staying put. But units that would have taken one or two months to sell are now taking four months to sell,” he explains.
According to Mr Hon, realistic pricing has become very important in the prestige sector to stimulate genuine buyer interest, given the current level of buyer caution.
But strong conditions remain in the investment market, with off-the-plan sales exceeding expectations.
“There has been speculation that the minimal 5% outlay has been the persuasive factor in getting potential purchasers to commit to residential projects,” says CBRE global research and consulting manager Sam Reilly.
“However, this has created a degree of risk as over 1,000 settlements are due to occur in the next two years.”
The prestige market remains strongest in suburbs closest to Canberra where there is limited supply with Hon noting good levels of inquiry in the inner north and southern suburbs.
There have been some exceptions.
According to Mr Hon, a prestige home in Nicholls, Gunghahlin, sold recently for $1.6 million.
Gunghahlin was recently the site of the biggest land sale of the year in the ACT with a 35-hectare site selling in June to the Village Building Company for $36.25 million in an auction that attracted bids from 11 local and interstate companies.
The ACT housing market remains strongest for properties priced around the RP Data median price of $483,750.
CBRE says buyers and sellers are well-matched in the entry level house and unit market, where properties are priced around $500,000.
While CBRE has noted “reasonable levels of enquiry” in this price bracket, a buyers’ market has emerged for properties above this mark.
Overall, the ACT residential market has bucked the national trend of falling housing prices despite its economy forecast to underperform relative to the national economy up until 2015.
Deloitte Access Economics forecasts growth per annum of 2.5% over this period.
While buyer demand has declined across all sectors in recent months, this had not translated to negative corrections in capital values, indicating a good level of resilience in the market.
“While the general slowdown that has impacted the Australian residential sector is now evident in the ACT, this market has avoided the price falls that have been experienced across some of the other major markets, notably Perth and south-east Queensland,” says Reilly.
“As the biggest employer, the government keeps things going. Government spending has an immediate flow through to employment,” he says.
“There has been no talk yet of spending reforms.
“It is difficult to get reforms passed given the current government. If we had a majority government, there might be more speculation about reforms.”
“As is always the case in the ACT, government spending measures will remain critical to the future performance of the market. Given the lack of substantial reforms or announcements in this area the outlook is stable in the medium term.”
Reilly says the Gunghalin Drive extension, ASIO building construction works and the Woden Green precinct development have all had a positive influence on surrounding areas.
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lschlesinger-FZcF9M3vE6

Canberra prestige homes taking six months to sell: CBRE

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Perth apartments are good medium- to long-term investment opportunities, according to the Property Observer’s mid-year Property Clock.
Property analysts place the market at 4.30 on the clock, meaning it is not far off the bottom of the market and just behind the Brisbane market, which is still recovering from devastation from floods earlier this year.
The two biggest markets – Sydney and Melbourne – have both passed their peaks and are heading into a decline.
Hotspotting.com.au director Terry Ryder says its “danger time” for investors in the Melbourne unit market, as an oversupply of stock looms.
The outlook is also rather gloomy for Adelaide, where unit prices are cooling and more pain is predicted for investors.
Clocking in at two o’clock on the property clock, Adelaide is further along the property cycle than Sydney or Melbourne, suggesting a recovery in prices could come along sooner.
As for the smaller capital city markets, the situation appears particurlarly bleak in Hobart, which Ryder says has the “weakest prospects”. According to the clock, Hobart’s apartment market is well into a decline, sitting at three o’clock.
Darwin’s market is also heading down, but as it has the highest yields in the country, investors might still be able to find good opportunities. Furthermore, a discounted market might present opportunities for investors before resources projects in the area spark a revival.
Both Terry Ryder and SQM managing director Louis Christopher warn investors to steer well clear of the “basket case” Gold Coast and Sunshine Coast markets.
<img style="display: block; margin-left: auto; margin-right: auto;" src="/images/stories/clock%20generic.jpg">
At 12 o’clock the market is at its peak (demand exceeds supply), at 3 o’clock the downswing has set in (an evenly supplied market0,) and by 6 o’clock it has bottomed out (an oversupplied market). At 9 o’clock the market is rebounding (supply is tightening).
 
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<h1>Perth</h1>
Population: 1,696,065 Median unit price: $401,250 Rental yield: 4.9% Property clock time: 4.30 
<img style="display: block; margin-left: auto; margin-right: auto;" src="/images/stories/June22clocks/clock-perthunits.jpg">
The demographics of the Perth market are all relatively favourable: a balanced but tightening market in terms of rental vacancies, decent demand for new units and steady construction of new apartment blocks.
Brendan Aylmore, WA branch director at valuer WBP, expects an increase in investor demand and a reduction in unit stock levels on the back of increase in rental yields.
A further boost to demand may come from first-home buyers pushed into the unit market due to increasing rents.
“There will be a large amount of office space being taken up in the next 12- to 18-month period with a larger number of new works being moved to the CBD, which should result in further demand for properties from both owner-occupiers and investors,” Aylmore says.
Hotspotting.com.au director Terry Ryder is also bullish on Perth units following three weak years. “Perth’s market is set to recover on the back of the resources boom and government infrastructure spending,” he says.
Not so bullish is SQM managing director Louis Christopher, who warns that Perth is more sensitive to interest rate movements than what many realise. Christopher sees Perth’s unit market at close to the bottom of the market, at five o’clock.
However, “another interest rate rise could set the city back to two o’clock” he says.
<img src="/images/stories/data%20table%20perth.jpg">
 
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<h1>Sydney</h1>
Population: 4,575,532 Median unit price: $466,000 Rental yield: 5.1% Property clock time: 1.30
<img src="/images/stories/June22clocks/clock-sydneyunits.jpg">
At present there is a shortage of available rental units relative to demand, with construction of new apartments and sales continuing at a steady pace.
Demand close to the city remains strong, with Peter Chittenden, Colliers International managing director of residential, saying metropolitan Sydney’s property fundamentals remain sound as demand continues to outpace supply.
WBP New South Wales state manager Chris Lackey says Sydney’s apartment market prices are still at peak levels for new units, “however, activity is predicted to slow this year, which may see a softening in prices”.
“Basic lower-end unit stock is expected to be flat at best. Interest rates and a hit to confidence are the driving factors behind this change,” Lackey says.
While the market has been falling after the surge early in 2010, Hotspotting.com.au’s Terry Ryder says the long-term prospects are solid. “The change of state government will help, if infrastructure promises are kept,” he says.
While the RBA has held firm on interest rates to date, an expected increase in August combined with an ongoing downward swing in housing finance approvals is set to dampen demand, according to Louis Christopher.
“However, the magnitude of the decline will be minimal compared to most other cities. This is one city that really is experiencing a genuine shortage of rental properties,” he says.
<img src="/images/stories/data%20table%20sydney.jpg">
 
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<h1>Darwin</h1>
Population: 127,532 Median unit price: $384,000 Rental yield: 5.7% Property clock time: 1.45
<img src="/images/stories/June22clocks/clock-darwinunits.jpg">
The Darwin unit market is characterised by an over-supply of available property relative to demand, with modest demand for new units and no major uptick in new construction.
Although the market has started to slide downward, investor interest could remain relatively strong due to strong rental returns. Darwin’s gross rental yield for units is 5.7%, alongside 5.6% for houses.
Both Terry Ryder and Louis Christopher are bearish on Darwin apartments.
However, while Ryder says the market is over-supplied, with developers offering incentives to sell product, this could present opportunities for investors to buy at discounts before the resources projects spark recovery.
But Christopher disagrees. “The bubble that is Darwin has popped. It is going to be a steep decline from here, particularly if the RBA lifts rates again.”
<img src="/images/stories/data%20table%20darwin.jpg">
 
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<h1>Melbourne</h1>
Population: 4,077,036 Median unit price: $433,000 Rental yield: 4.1% Property clock time: 1.50 
<img src="/images/stories/June22clocks/clock-melbourneunits.jpg">
Demand for new units is softening as construction of new apartment blocks starts to decline.
Louis Christopher anticipates a 5% decline in the Melbourne market in 2011.
“Stock levels have increased 105% for the past 12 months. Vendors are just now starting to drop their asking prices,” he says.
According to Terry Ryder, it’s “danger time” for investors in the Melbourne inner-city unit market due to the large numbers of new units under construction in the CBD, Docklands and Southbank markets and with more in planning.
“Over-supply looms,” Ryder says.
<img src="/images/stories/data%20table%20melbourne.jpg">
 
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<h1>Adelaide</h1>
Population: 1,203,186 Median unit price: $325,500 Rental yield: 4.6% Property clock time: 2.00  
<img src="/images/stories/June22clocks/clock-adelaideunits.jpg">
There is a shortage of available property relative to demand, though vacancy rates are holding steady as demand for new units remain fair and construction levels remain unchanged.
WBP South Australian state manager Bart Quinn says sales volumes and prices for Adelaide’s unit market have fallen.
“Some large projects requiring off the plan sales have been put on hold due to weak demand and rising building costs. Buyers in the market for established stock are generally cautious and looking for good value,” he says.
Quinn says prices and demand for older-style units and flats in inner-city localities have cooled due to very weak demand from first -home buyers.
Louis Christopher expects “more pain to come” as vendors start cutting their asking prices. “However, there is a chance the magnitude of the declines will be modest,” he says.
Despite its position on the clock, investors can still look to Adelaide for opportunities in what Terry Ryder says is the most affordable mainland capital for units, supported by an underlying strong economy.
<img src="/images/stories/data%20table%20adelaide.jpg">
 
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<h1>Canberra</h1>
Population: 358,222 Median unit price: $420,000 Rental yield: 5.4% Property clock time: 2.20
<img src="/images/stories/June22clocks/clock-canberraunits.jpg">
Currently the Canberra unit market is characterised by a shortage of available property relative to demand, with vacancies tightening as the volume of unit sales declines.
In its Canberra apartment report, Colliers attributes demand for residential property to “the strength of the local economy, employment opportunities, population growth and lifestyle”. The ACT unemployment rate stands at 3.7%, well below the national rate of 4.9%.
Canberra sits between the peak of the market and heading into a downswing.
With its strong fundamentals, analysts expect any declines to be modest in comparison to other markets.
“Any dip in the market is likely to be small. Canberra remains our most reliable city market, buoyed by strong incomes and low unemployment,” Terry Ryder says.
But he warns investors to be wary of the Kingston foreshore precinct, which he says has a recent history of problems.
<img src="/images/stories/data%20table%20canberra.jpg">
 
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<h1>Hobart</h1>
Population: 214,705 Average unit price: $280,000 Rental yield: 5.5% Property clock time: 2.50 
<img src="/images/stories/June22clocks/clock-hobartunits.jpg">
Hobart’s unit market is heading south despite a shortage of available property relative to demand. Vacancy trends remain steady as a decline in construction is matched by a softening in demand for new units.
“Unit stock levels are rising,” Louis Christopher says. “Hobart is another city where the magnitude of the declines may well be modest as income to house prices appears to be fair.”’
The proportion of family income required to meet loan repayments decreased to 34.2%, down from 35.3% in the December quarter 2010, according to the March quarter REIA/Deposit Power Housing Affordability report.
Despite improvements in housing affordability, Terry Ryder remains bullish on the unit market.
“Hobart is the city market with the weakest prospects,” he says, with the state economy, weak population growth and the political situation all “unhelpful” factors.
Ryder expects the market to fall further. Like the housing market, he says the unit market is showing signs of price decline.
<img src="/images/stories/data%20table%20hobart.jpg">
 
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<h1>Brisbane</h1>
Population: 2,043,185 Median unit price: $377,500 Average weekly rent: 5.1% Property clock time: 4.40
<img src="/images/stories/June22clocks/clock-brisbaneunits.jpg">
Brisbane’s unit market position on the property clock is the closest in Australia to bottoming out.
Not surprisingly, it’s in line with its housing market, which sits at 5pm on the <a target="_blank" title="Brisbane clocks in at bottom of market" href="https://www.propertyobserver.com.au/trends/brisbane-clocks-in-near-bottom-of-market/2011060350400">Property Observer housing clock</a>. 
The market is characterised by investor demand underpinning transaction volumes in the inner-Brisbane market, “especially for price-pointed, affordable stock generating strong rental income,” according to the Colliers Brisbane apartment market forecast.
However, in the medium term Colliers says the market might be adversely impacted by rising interest rates and increasing vacancies.
Furthermore, although the inner-Brisbane vacancy rate is currently only 3.1%, a substantial volume of investor stock will be completed in the short term, and is likely to push up vacancies.
Daniel Lewis, WBP’s Queensland state manager, reports that Brisbane has remained well insulated over the past few years from decreases of as much as 30% in apartments values on the Gold Coast and Sunshine Coast.
However, recently units have experienced a slight correction in values.
“Affordable rental accommodation in Brisbane is scarce at present, resulting in strong rental income for units. Further correction in prices may result as the year continues for new stock in the CBD and new or near-new townhouses in the fringe suburbs,” Lewis says.
Louis Christopher describes the Brisbane market as “bleak” and says the bottom of the market is at least 12 months off. “There is over six months of stock on the market, he says.
Both Christopher and Terry Ryder agree on a gloomy outlook for the nearby Sunshine Coast and Gold Coast markets.
“The Gold Coast is a no go zone and the Sunshine Coast is also weak,” Ryder says. “Over-supply will restrict growth for several more years.”
“The Sunshine Coast and Gold Coast are basket-case situations,” Christopher says.
<img src="/images/stories/data%20table%20brisbane.jpg">
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Almost time for Perth units to recover

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The ACT has exhibited the biggest increase in owner-occupier housing finance commitments, increasing 8.8% in April on a seasonally adjusted basis, according to the latest ABS figures. This follows a 5.2% contraction in March.
The second biggest mortgage growth spurt occurred in Queensland with commitments up 6.2% (after falling 2.6% in March) an indication of post-flood recovery.
This is followed by increases in Victoria and Western Australia of 4.1%, with NSW up 2.7% and Tasmania up 2.3%.
Mortgage commitments have fallen in the Northern Territory (1.3%) and South Australia (1.2%).
On a nationwide basis, the number of owner occupier commitments increased by 4.8% to 47,347 following falls of 6.3% in January, 4.8% in February and 1.1% in March. 
Financing for new housing has risen 9.4% and 5.1% for the purchase of existing housing.
Westpac economist Julene Lee downplayed the latest figures saying “other indicators suggest that the housing sector remains subdued”. 
“We are inclined to put this result down to a modest give back and an Easter effect. It seems that a much later than usual Easter resulted in more activity in April ahead of the holiday disruption,” Lee says.
“We are not expecting another strong national rise in May - although we do expect a further post flood recovery in Queensland.
Finance for the construction of new dwellings – the lead indicator of dwelling approvals – remains flat, up just 0.4% with investor finance down 1.6%.
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