Developers and apartment buyers have a narrowing window of opportunity before Brisbane's Olympic infrastructure pipeline begins competing directly with residential construction, pushing up costs, tightening labour supply and making new projects increasingly difficult to deliver.

While Brisbane's apartment market continues to benefit from strong population growth and limited housing supply, industry research suggests the years leading up to 2027 could prove to be the most important period for developers looking to secure builders and buyers hoping to purchase before the next wave of price increases.

A new Colliers report, Brisbane 2032 Olympic and Paralympic Games: Creating Solutions, highlights the scale of the challenge. While thousands of new homes are planned across South East Queensland, the Brisbane Olympic Athletes Village alone will deliver more than 10,500 beds during the Games before being converted into around 1,750 to 2,000 apartments. Equivalent to almost two years of typical inner-city apartment supply, the project will also absorb a significant share of the construction workforce and building materials.

The broader construction pipeline paints an even clearer picture.

Construction Skills Queensland's Horizon 2032 report forecasts Queensland's annual construction pipeline will average $69 billion over the coming years before peaking at $75 billion in 2027-28. Demand for construction workers is expected to increase by 17 per cent to almost 150,000 people, with the industry facing an annual shortfall of around 19,000 workers that could blow out to as many as 35,000 during the peak construction period.

The Olympic venues, athletes village and supporting infrastructure will account for billions of dollars worth of work across South East Queensland through to 2032, creating intense competition for labour at a time when Australia's residential construction sector is already under pressure.

[smartcode_project:default project_id=150489 project_image_fid=373834]

Colliers Queensland Residential Director Andrew Scriven said the convergence of these projects is creating a clear window of opportunity for both developers and buyers.

"From 2027 onwards, the market will shift dramatically," Scriven said.

"Labour will increasingly be locked into government-led infrastructure and Olympic projects, which means private residential developments will face higher costs and tighter margins. The developers who move now are the ones most likely to get projects off the ground."

Scriven said the same dynamic would also affect buyers, with fewer apartment projects expected to launch once construction capacity tightens.

"If you're looking to change your lifestyle over the next five years, now is your window of opportunity to buy."

[smartcode_project:default project_id=150713 project_image_fid=373827]

Developers are already positioning themselves ahead of that window.

Following the success of Monarch at Toowong, Consolidated Properties is preparing to launch two new Brisbane apartment projects in the second half of 2026. They include <a href="https://www.apartments.com.au/new-apartments/gloriette-30-bedivere-street-yeerongpilly-qld-4105">Gloriette</a> at Yeerongpilly Green, a 25-storey tower within one of Brisbane's key Olympic precincts, and <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a>, a recently approved 25-storey riverfront development at 47 Skyring Terrace in Newstead.

Hutchinson Builders will deliver both projects, with early works already underway at Yeerongpilly and Newstead expected to commence later this year.

The timing comes as Brisbane's fundamentals continue to strengthen, with strong interstate migration, population growth and vacancy rates remaining below 1.5 per cent.

Colliers Queensland researcher Pragya Sharma said Greater Brisbane is forecast to require around 40,000 new apartments between 2021 and 2031.

"There's a real mismatch emerging between when housing is needed and when it will be feasible to build," Sharma said.

"As a result, the period leading up to 2027 presents a key window of opportunity for developers to secure approvals, funding and construction capacity, while buyers will have greater choice before supply constraints intensify."

Colliers research outlines a critical pre-2027 window to start residential projects before labour squeeze: now is the time to buy

Joel Robinson

Developers, buyers on watch in South East Queensland ahead of construction crunch: Colliers

It's taken less than nine months for developer Sherpa Property Group to sell out all 51 apartments in its <a href="https://www.apartments.com.au/new-apartments/flourish-oasis-palm-beach-7-9-sixth-avenue-palm-beach-qld-4221">Flourish Oasis</a> development in <a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a>, over a year before its anticipated completion.

&nbsp;

Located at 7-9 Sixth Avenue, the $67 million development has resonated strongly with both local owner-occupiers and downsizers seeking high-quality apartments within walking distance of the beach, dining precincts and everyday amenities.

[smartcode_project:default project_id=151449 project_image_fid=357458]

Christie Leet, Founder of <a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Group</a>, said the sell-out reflected both the strength of the Palm Beach market and the success of Sherpa's community-first approach to development.

"The sell-out of Oasis is a fantastic outcome and reinforces the strong demand we're seeing for thoughtfully designed apartments in lifestyle locations," Leet said.

"From the outset, our vision was to create a development that genuinely enhanced the Palm Beach community while providing residents with exceptional homes and wellness-focused amenities.

"We've been incredibly encouraged by the level of local support throughout the campaign, 72.5 per cent of buyers are locals, with a significant proportion of purchasers choosing Oasis as their future home rather than an investment."

[smartcode_project:default project_id=151449 project_image_fid=357463]

Construction is now progressing following development approval, with trusted builder LPS Group delivering the project and completion anticipated in Q3 2027.

Oasis forms part of Sherpa Group's successful Flourish collection, which has become recognised for its focus on wellness, community and elevated coastal living.

[smartcode_project:default project_id=151449 project_image_fid=357469]

Residents will have private access to a rooftop amenity space featuring a pool, gym, sauna, steam room, hot and cold plunge pools, spa and barbecue facilities.

"The success of Oasis demonstrates that buyers continue to prioritise quality, location and lifestyle," Leet said.

"We are proud to have delivered a project that has resonated so strongly with the market and look forward to bringing Oasis to life for our future residents."

Sherpa recently launched <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a>, its third instalment of the Flourish brand in Palm Beach following Flourish Oasis and <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>.

[smartcode_project_cta:default project_id=151449]

Sherpa sells out Flourish Oasis in booming Palm Beach

Urban Property Group's <a href="https://www.apartments.com.au/new-apartments/la-vera-macquarie-park-94-talavera-road-macquarie-park-nsw-2113">La Vera</a> is leading the next phase of Macquarie Park's residential evolution, with the new apartment development set to become the first of several new apartment projects in the precinct to complete.

The 169-apartment building has now topped out ahead of its scheduled completion in the third quarter of 2026, as new residential investment continues to reshape one of Sydney's largest employment hubs into a true mixed-use precinct.

[smartcode_project:default project_id=134951 project_image_fid=368645]

Cox Architecture has designed La Vera to capture the best of its unique positioning on Talavera Road, orienting the building towards Lane Cove National Park.&nbsp;The building features a sculpted northern façade with flowing curves inspired by the surrounding landscape, while its city-facing elevation adopts a more structured architectural expression to maximise skyline views.

"The vision for the project was to conceive a building that adopted an organic and curvilinear form to the northern portion that faces the Lane Cove National Park," <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a> Director Felipe Miranda said.

"The residents that reside in the northern portion of the building benefit by having beautifully crafted curved balconies that speak to the natural context and heighten the relationship of their internal living spaces to the external balconies."

[smartcode_project:default project_id=134951 project_image_fid=358802]

La Vera offers a diverse mix of one, two, three, and four-bedroom configurations, with prices currently starting from $740,000. Buyers so far have been a mix of Sydney-based investors,&nbsp;metro commuters, owner-occupiers and downsizers from surrounding North Shore suburbs.

Both investors and owner-occupiers have been drawn to La Vera's proximity to Macquarie University, Macquarie University Hospital, Macquarie Centre and the Sydney Metro, infrastructure that supports both strong rental demand and a convenient lifestyle for residents.

The apartments feature full-height glazing, timber flooring throughout living areas, stone kitchen benchtops, SMEG appliances, floor-to-ceiling bathroom tiling and ducted air conditioning.

Residents will have access to a rooftop recreation level featuring a swimming pool, sauna, barbecue facilities and landscaped relaxation areas, complemented by additional communal space at ground level. Many apartments enjoy uninterrupted views across Lane Cove National Park, reinforcing the project's connection to its natural setting.

[smartcode_project:default project_id=134951 project_image_fid=364551]

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a>, a family-owned developer and builder with nearly four decades of experience, holds a 4.5-star iCIRT rating and was Australia's first developer to introduce 10-Year Latent Defects Insurance (LDI). La Vera is the first apartment development in <a href="https://www.apartments.com.au/developments/macquarie-park-nsw-2113">Macquarie Park</a> approved to offer the additional insurance protection, alongside a five-year warranty on SMEG appliances.

Urban Property Group CEO Patrick Elias said the additional protection reflects changing buyer expectations in the off the plan market.

"Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. Having LDI is a tool to portray the confidence that we have in our product, and a confidence we want buyers to share," Elias said.

Following completion of the building later this year, buyers will move into their apartments well before Christmas.

[smartcode_project_cta:default project_id=134951]

La Vera closes in on completion as Macquarie Park continues residential transformation

Brisbane developer Red &amp; Co's decision to include dual key apartments in its debut Gold Coast apartment development, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO Varsity Lakes</a>, is proving to be one of the project's biggest drawcards, with buyers quickly snapping up the flexible residences.

More than half of the project's 36 dual key apartments have already sold, helping drive COMO beyond the 50 per cent sold mark within the first month of launch.

The strong response highlights growing demand for apartment designs that can adapt to changing lifestyles, with buyers increasingly looking for homes that accommodate multi-generational living, provide rental income opportunities or simply offer greater flexibility over time.

Located on the shores of Lake Orr, COMO will deliver 156 apartments across 16 levels, with the dual-key residences forming a limited release within the broader development.

Each combines a primary two-bedroom apartment with a fully self-contained studio on a single title, connected by a shared foyer and lockable internal door. The design allows owners to house ageing parents, adult children or guests while maintaining privacy, or lease the secondary residence to generate additional income.

Just 17 of the original 36 dual key apartments remain available.

[smartcode_project:default project_id=135546 project_image_fid=367096]

The innovative configuration combines two fully self-contained residences on a single title, typically comprising a primary two-bedroom apartment alongside a separate studio residence, connected via a shared foyer and lockable internal door.&nbsp;

The model is proving particularly attractive to owner occupiers navigating changing family dynamics and the realities of the current housing crisis.&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363511]

<a href="https://www.apartments.com.au/project-marketer/npa">NPA</a>&nbsp;CEO Andrew Erwin said dual key living was resonating strongly with modern buyers because it delivered both financial flexibility and practical lifestyle benefits.&nbsp;

“The housing crisis and rising cost of living are fundamentally changing how Australians think about home ownership,” Erwin said.&nbsp;

“Dual key apartments provide a genuine solution for families who want to stay connected while maintaining independence. Parents can help adult children save for a future home, ageing parents can remain nearby without moving into aged care, and owners still retain privacy and flexibility.

“Importantly, buyers are also recognising the financial advantages. It creates the opportunity to generate additional income from part of the home without the holding costs associated with owning a separate investment property.”&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363509]

Unlike traditional dual occupancy arrangements, the residences operate under a single title, meaning owners only incur one set of body corporate fees, council rates and holding costs.&nbsp;

The secondary residence can also evolve over time - functioning as guest accommodation, a home office, creative studio or private retreat before later becoming an income-producing asset.

<a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co</a>&nbsp;Director and Co-Founder David Laverty said the strong early sales reflected growing buyer urgency and changing priorities within the market.&nbsp;

“Securing more than half of COMO’s residences within such a short timeframe is an outstanding result and a clear endorsement of both the design and location,” Laverty said.&nbsp;

“Buyers are responding to the combination of location, connectivity and amenity, but ultimately it’s value relative to other East Coast markets that is driving enquiry.”&nbsp;

“We’re also seeing strong interest from owner occupiers looking for homes that can adapt with them over time. Flexibility has become one of the most important considerations for buyers in today’s market.”&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363515]

Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, COMO features a mix of one-, two- and three-bedroom residences with 2.7-metre ceilings and larger-format floorplans aimed at owner occupiers, downsizers and lifestyle-focused buyers.&nbsp;

The development will feature an extensive rooftop recreation and wellness offering including a 25-metre lap pool, sundeck, barbecue and dining areas, gym, sauna, plunge baths, landscaped gardens, wellness spaces and rooftop pickleball and paddleball courts.

The remaining dual key apartments range from 137 sqm to 167 sqm and include generous three-bedroom layouts with separate self-contained studio accommodation and dual parking.&nbsp;

Erwin said the dual key concept represented a broader shift in how Australians would live in the future.

“People want homes that can evolve with their lives,” he said.&nbsp;

“A dual key apartment can suit a family today, support an ageing parent tomorrow, and potentially generate income later on. That adaptability is becoming incredibly valuable in the current environment.”

Prices currently range from $2,115,750 to $2,583,000.&nbsp;

[smartcode_project_cta:default project_id=135546]

Inter-generational living drives demand for COMO’s dual key apartments as housing pressures reshape buyer priorities 

Builder-developer&nbsp;<a href="https://www.apartments.com.au/developers/ceerose">Ceerose</a> has doubled down on its Leichhardt ambitions, lodging its second State Significant Development Application (SSDA) in the suburb in the last six months.

Their newest proposal seeks to transform a former industrial precinct into a new residential community centred around the adaptive reuse of one of the site's heritage warehouse buildings.

The new project, on a 6,930 sqm block at&nbsp;<a href="https://www.apartments.com.au/new-apartments/40-76-william-street-leichhardt-nsw-2040">40–76 William Street</a>, will bring more than 200 apartments to a suburb that has seen little to no new supply in recent years. It follows Ceerose's late 2025 SSDA for a mixed-use apartment project on nearby Parramatta Road, signalling the developer's growing investment in Sydney's Inner West.

Ceerose Founder Edward Doueihi told Apartments.com.au the developer’s long-standing presence in Leichhardt and the Inner West had given it a strong understanding of how the area has evolved and where its future opportunities lie.

“Ceerose has had a long-standing presence in Leichhardt and the Inner West, giving us a unique understanding of the area’s evolution and future potential,” Doueihi said.

“Having delivered projects throughout the region, we have witnessed the suburb’s transformation first-hand and understand the opportunities for its continued growth.”

Doueihi said that understanding also informed the planning process, with a comprehensive Stakeholder Engagement Outcomes Report prepared before the application was lodged.

The report identified the key issues and concerns raised by neighbouring residents and other stakeholders, allowing those matters to be considered and incorporated into the design where appropriate.

He said the delivery of additional housing would also play an important role in supporting the revitalisation of Norton Street and the Italian Forum.

“By increasing the local residential population, the development is expected to strengthen demand for local businesses, encourage further investment, and help restore the vibrancy that made the precinct a thriving destination in the early 2000s.”

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="7258c54c-8167-479e-8361-2d5fca9915b4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010B%20-%20CGI%20-%20View%202.jpg?VersionId=S9DQfxu_jpcB5LrAEYFUbyMzg5odW6i5" />

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the redevelopment would involve the demolition of four existing industrial buildings while retaining and adaptively reusing the site's most significant warehouse. The retained structure would anchor a new residential precinct comprising five interconnected buildings arranged around a large central landscaped courtyard, with heights stepping from five storeys along the surrounding residential streets to 11 storeys at the William Street corner.

According to the Architecture Design Report by Woods Bagot, the proposal "seeks to create a residential village centred around a generous green heart while celebrating the site's industrial heritage through the adaptive reuse of the existing warehouse building."

The development would comprise 203 apartments, with 188 proposed as build-to-sell residences, alongside 15 affordable housing apartments.

Rather than treating the retained warehouse as a standalone heritage object, Woods Bagot has sought to weave the site's industrial history throughout the masterplan. The proposal retains the north and west facades of the landmark corner warehouse, while new buildings reinterpret the site's brick-and-steel industrial language through their material palette and architectural expression.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="9e8c64c2-881b-49e1-8c90-6b6acaaa45b6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010C%20-%20CGI%20-%20View%203.jpg?VersionId=Qm8_8H_Xrg_sc4Mdjc59vlAcKF_5wRTb" />

The design is organised around what Woods Bagot describes as a "green heart", a landscaped communal open space that reinstates the leafy character removed when the site became an industrial storage facility. A new pedestrian laneway running through the site would improve permeability between William, North and Francis streets, linking residents through landscaped public spaces while activating the ground plane.

Residents would have access to communal gardens and shared recreation areas distributed throughout the development. Sustainability has also been prioritised, with the project targeting an average 7.9-star NatHERS rating. Proposed initiatives include rooftop solar generation, rainwater harvesting, passive solar design, naturally ventilated lobbies, extensive cross-ventilation and the reuse of existing building fabric to reduce embodied carbon.

The adaptive reuse strategy became a defining feature of the application after heritage investigations found only one of the site's industrial buildings could feasibly be retained. The Heritage Impact Statement concludes that preserving the key warehouse façades while referencing the site's industrial character throughout the new development provides an appropriate balance between renewal and conservation.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="efffafdb-594f-4e2b-a067-921fd51c05e1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010D%20-%20CGI%20-%20View%204.jpg?VersionId=DPmE4.k16YRt0i27hEZVtJAffarpvUfx" />

"Retention and adaptation of the site buildings has been explored but found not to be feasible except for the tallest building, whose street facades will be retained," the heritage report states.

"The proposed building will interpret the brick and steel character of the subject site, including reuse of some components and construction of a large 'sawtooth' structure in the proposed open space."

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="3bfef2b5-83f5-40cd-9cab-767092f34266" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010E%20-%20CGI%20-%20View%205.jpg?VersionId=7asb3i_ql4ybbuJOUb5UHBEIy0Q9t.DF" />

The William Street site is located around 300 metres from Leichhardt North Light Rail station and a short walk to Norton Street's retail, dining and hospitality precinct. The surrounding area has increasingly become a focus for urban renewal given its proximity to public transport and the Parramatta Road corridor.

Doueihi founded Ceerose in 1998 and has grown the business to become one of Sydney's more active apartment developers in recent years, with completed projects including The Alex Collective in Alexandria, Abbie's Lane in Annandale, and the award-winning Munro House in Elizabeth Bay. They are currently delivering Belgravia, 17 luxury apartments in Potts Point.

First look: Ceerose doubles down in Leichhardt with adaptive reuse of former warehouse site

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?

Setting a new benchmark for residential developments in Western Sydney, Auburn Square is the latest development delivered by property developers Tian An.

From its roots as one of Australia&rsquo;s oldest listed property developers, then known as Port Bouvard, Tian An has grown to deliver quality residential projects.

[smartcode_project:default project_id=7317 project_image_fid=79239]

Auburn Square has been designed for ultimate day-to-day liveability, with its precinct vision largely inspired by the nearby Auburn Botanical Gardens.

Designed by Rothelowman, the development features 2,000sqm of green space, an impressive rooftop garden, outdoor fitness area, film projector and screen and barbeque space.

Each apartment features contemporary design elements, high-end finishes and premium inclusions.

[smartcode_project:default project_id=7317 project_image_fid=79247]

Situated a three-minute walk from Auburn Central, the tower is located within a vibrant village and is just moments from transport to take you to the Parramatta and Sydney CBDs.

Retail spaces are located along the ground floor level of Northumberland Rd, connecting directly to Auburn Town Centre.

Urban takes a look at three of the featured floorplans available at Auburn Square.

1. One-Bed

<img alt="" height="844" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-07-13_at_3.16.41_pm.png" width="1228" />

This one-bedroom floorplan is one of the many configurations available at Auburn Square, delivering one bedroom, one bathroom and a car space.

Boasting an internal area of 50sqm to 63sqm, the homes feature an open-plan kitchen, living and dining area, with a choice of light or contrast colour schemes. 
[smartcode_project:default project_id=7317 project_image_fid=79242]

SMEG appliances can be found throughout the kitchen and most one-bedroom apartments feature island benches.

Auburn Square&rsquo;s contemporary design also sees feature walls in the kitchen, a balcony and a built-in robe in the bedroom.

2. Two-Bed

<img alt="" height="1024" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-07-13_at_3.16.50_pm.png" width="1236" />

The two-bedroom apartment floorplan shown above displays a two-bedroom, two-bathroom apartment, also featuring a parking space. &nbsp;

Two-bedders boast an internal size between 75sqm and 88sqm, as well as a balcony for outdoor entertaining.

[smartcode_project:default project_id=7317 project_image_fid=79240]

Residents have the option to include a bathroom in the contemporary residence.

Most two-bedroom apartments include storage rooms, while the master bedroom includes an ensuite and walk-in robe.

3. Three-Bed

<img alt="" height="954" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-07-13_at_3.16.57_pm.png" width="1220" />

The family-sized, three-bedroom residence is the largest offering at Auburn Square, set over an internal area of 96sqm to 110sqm.

Each bedroom offers sliding doors to the extensive balcony, providing abundant light throughout the day that opens up the space.

[smartcode_project:default project_id=7317 project_image_fid=79250]

The apartment featured delivers walk-in robes, an open-plan living and dining area, as well as a generously sized laundry.

The apartment includes storage rooms, parking space and SMEG appliances in the kitchen with the optional upgrade to Westinghouse.

[smartcode_project_cta: project_id=7317]

Urban takes a look at three of the featured floorplans available at Auburn Square

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Floorplan focus: The various apartment configurations at Western Sydney’s Auburn Square

With Sydney&#39;s luxury market proving resilient, many buyers are seeing the benefit of investing in a high-end development at affordable prices because downsizing does not mean downgrading.

Whether your children have moved out or you&#39;re wanting to save money, downsizing provides a great option for couples of all ages.

Below are five of the best downsizer apartments on the market in Sydney to help you on your journey towards finding a new home.

1. Bloom Arncliffe 
Developer: Wingate 
Two-bedroom apartments from $699,000

[smartcode_project:default project_id=6201 project_image_fid=89013]

Offering one, two and three-bedroom apartments across seven state-of-the-art buildings, Bloom is the latest development to hit Arncliffe.

Placed in a prime position between the city and the coast, residents enjoy the benefits of being close to Sydney&rsquo;s southern beaches, as well as the Illawarra line&rsquo;s direct link to the CBD, the Inner West and Bondi.

Designed by EJE Architecture, the home features spacious island benches, walk-in pantries, spacious floorplans, and entertaining space.

2. Auburn Square, Auburn 
Developer: Tian An 
Two-bedroom apartments from $615,000

[smartcode_project:default project_id=7317 project_image_fid=79239]

Auburn is a hub of connectivity situated in the geographical heart of Sydney, offering the benefits of suburban living, with great transport accessibility to business centres including Parramatta and the CBD.

Auburn Square has been designed for ultimate day-to-day liveability.&nbsp;Its precinct vision is largely inspired by the nearby Auburn Botanical Gardens,&nbsp;aiming&nbsp;to connect residents and foster a community feel.

Designed by Rothelowman, the development features 2,000sqm of green space, an impressive rooftop garden, outdoor fitness area, film projector and screen and barbeque space.

3. Eminence, Zetland 
Developer: Meriton 
One-bedroom apartments from $745,000

[smartcode_project:default project_id=21882 project_image_fid=71328]

Eminence is a trio of boutique buildings commanding four street frontages nestled between the transformational Green Square precinct and the CBD.

As well as 1,840sqm of lush podium gardens, the development by Meriton offers luxurious five-star amenities for year-round resort enjoyment.

Directly across from your home at Eminence, Gunyama Park Aquatic and Recreation Centre features beach-inspired pools, open-air training facilities, boardwalks and playgrounds.

4. Arcadia, North Lane Cove 
Developer: Dasco Australia 
Price for two-bedroom apartments available upon request

[smartcode_project:default project_id=6912 project_image_fid=153916]

Close by Chatswood&rsquo;s commercial, entertainment and dining offerings and the thriving Lane Cove Village, Arcadia is a sophisticated and elegant residence on Sydney&rsquo;s Lower North Shore.

Boasting rooftop gardens, a gym, barbeque areas and a dedicated workspace lounge, the development boasts great amenities for downsizers and first-home buyers alike.

Designed by PSEC Project Services, Arcadia residences include floor-to-ceiling sliding glass doors and abundant natural light, while some residences boast dual terraces and balcony access from the master bedroom.

5. Destination, Macquarie Park 
Developer: Meriton 
One-bedroom apartments from $600,000

[smartcode_project:default project_id=8669 project_image_fid=71739]

Located within NSW&rsquo;s second-largest business district, Destination offers lots of opportunities to downsizers hoping to take advantage of Macquarie Park&rsquo;s competitive advantages.

Delivered by Meriton and designed by DKO Architecture, Destination offers serene garden terraces, timeless design and views from every angle.

The development provides large apartment layouts with house-like proportions, tailored materials and classic detailing.

A look at five downsizer apartments on the market in Sydney to help you on your journey towards finding a new home

Downsizing does not mean downgrading: Sydney’s best downsizer apartments on the market today

A 13-storey Coffs Harbour apartment tower has been approved by the Northern Region Planning Panel.&nbsp;

It will include 95 apartments, above seven retail spaces.

The $44 million high-rise is set in the heart of the CBD.

The sales suite will shortly be opened by the local development company C.ex Coffs.

[smartcode_project:default project_id=6515 project_image_fid=68832]

John Rafferty, the CEO of the C.ex Group, will demolish City Boulevard and the adjoining Dollars &amp; Sense premises, &nbsp;just opposite the C.ex Club.

It&rsquo;s anticipated the project has a January 2024 completion date.

The property developer group plays a big role in the town, highlighted by C.ex Stadium which recently hosted Coffs Harbour&rsquo;s first ever NRL match with the Sharks in a 38&ndash;10 win over the Titans.

Other major developments in the pipeline including Gowings Brothers who own the jetty block on the corner of Harbour Drive and Hood Street, where the Forestry headquarters building was once located.

 
&nbsp;

A $44m high-rise proposed by the C.ex Group has been approved by the Northern Region Planning Panel

jchancellor-FAypfDUnLy

$44 million Coffs Harbour apartment tower gets approval

The new Green Square community is closer to getting its planned new primary school and community facility.

The design has been unveiled by the NSW Government and the City of Sydney.

The new primary school will meet enrolment demands in one of Australia&#39;s fastest growing neighbourhoods.&nbsp;

The project will include additional facilities designed for both school and community use.

Architect BVN&rsquo;s competition-winning design integrates school and community spaces for both day and night use and will be built on the former South Sydney Hospital site on Joynton Avenue. 
&nbsp; 
[smartcode_project:default project_id=30049 project_image_fid=162873]

Minister for Education Sarah Mitchell said the winning design from BVN would &quot;create a fantastic place for children to learn.&rdquo; 
&nbsp; 
The NSW Government will fund and staff the project with a contribution from the City of Sydney. 
&nbsp; 
The winning design was commended for its response to the surrounding local area, its clever multi-purpose sports court, smart educational approach and its consideration of the environment.

City of Sydney Lord Mayor Clover Moore said the City will contribute $25 million to the &quot;revolutionary school to provide much-needed community facilities that will be activated day and night for the whole community to use.&quot;

[smartcode_project:default project_id=100811 project_image_fid=162886]

&ldquo;Close to the aquatic center and library, this school will be an important addition to the area&rsquo;s educational, social and cultural life,&rdquo; the Lord Mayor said.

&ldquo;This new school will sit at the heart of the growing Green Square community and set a new benchmark for urban development,&quot; she added.

The latest apartment project being marketed is Green Square By Mirvac with Portman House at 77-93 Portman Street, Zetland.

[smartcode_project_cta: project_id=30049]

&nbsp;

The new school will sit at the heart of the growing Green Square community which is setting a new benchmark for urban development, Mayor Clover Moore advised
.

New primary school proposed for Sydney's Green Square

Although summer has passed by, Sydney&rsquo;s latest lockdown has reminded many Australians of the benefits that come with investing in a coastal holiday home.

SQM Research managing director Louis Christopher claimed that its likely regional occupancy has already reached its highpoint.

&ldquo;With the costs of renting a holiday home soaring thanks to huge local demand, combined with record-low interest rates, we&rsquo;re experiencing a unique situation where it may actually be more cost-effective to buy rather than regularly rent a holiday home&rdquo;, said David Hancock, senior financial planner at Montara Wealth.

To assist in your search, Urban takes a look at five stunning coastal properties to consider in regional NSW.

1. Horizon, Gosford 
Developer: JMGM 
Two-bedroom apartment prices available upon request

[smartcode_project:default project_id=101204 project_image_fid=162047]

Delivered by JMGM, Horizon comprises 184 architecturally-designed in one, two and three-bedroom configurations.

Set across 24 stories, the mixed-use development boasts spacious interiors and 2,500 sqm of retail space that forms a vibrant precinct in the heart of Gosford.

In the beautiful Gosford region of the NSW Central Coast, residents can enjoy magnificent national parks, sparkling waterways and golden sandy beaches.

2. Ridgewaters, Kiama 
Developer: St Trinity Property Group 
Three-bedroom apartments from $945,000

[smartcode_project:default project_id=27858 project_image_fid=162070]

Positioned amongst Kiama&rsquo;s serene landscape and only a short walk to pristine beaches, Ridgewaters is a selection of three-bedroom apartments.

This collection of luxury apartments presents an ideal home for a range of purchasers, from retirees and young families to investors and holidaymakers searching for a laid-back coastal lifestyle.

Located just 90 minutes south of Sydney and 30 minutes from Wollongong CBD, the boutique two-storey development promises convenience and local amenity.

3. Sky Residences, Newcastle 
Developer: GWH 
Two-bedroom apartments from $675,000

[smartcode_project:default project_id=8430 project_image_fid=28045]

Sky Residences is Newcastle&rsquo;s newest skyline tower in the heart of the CBD&rsquo;s Civic Cultural Precinct, connecting residents to everything they love.

Offering a choice of 180 apartments in one, two and three-bedroom configurations, Sky boasts light-filled living spaces, security swipe access and energy-efficient fittings.

&ldquo;We reserved the prime rooftop space, making it possible for every SKY resident to enjoy unprecedented 360-degree views and contemporary lifestyle amenities that enrich the way they live&rdquo;, GWH managing director Jonathan Craig said. 
 
4. Midtown, Wollongong 
Developer: Level 33 
Two-bedroom apartments from $575,000

[smartcode_project:default project_id=34275 project_image_fid=153610]

Midtown encompasses a collection of studios, one, two and three-bedroom apartments that capture the impressive views of the Illawarra Escarpment.

Delivered by Level 33, the home includes a ground-level retail podium that activates the building, a number of apartments that boast ocean views and a communal rooftop entertaining terrace.

The development is perfectly located for those who desire convenience and connection, and will benefit from the Wollongong Council&rsquo;s $800 million infrastructure investment 2018-2022.

5. Highpoint, Charlestown 
Developer: GWH 
Two-bedroom apartments from $640,000

[smartcode_project:default project_id=8980 project_image_fid=28277]

Developed and built by Hunter locals, GWH, Highpoint boasts premium finishes and fittings that are purposefully designed to reflect the needs of today&rsquo;s living.

The development is located in Charlestown, the shopping, dining and entertainment precinct of Lake Macquarie, ideal for young families and downsizers.

Exclusive to Highpoint residents is the terrace garden, entertainment and barbeque area on the level three podium, as well as a rooftop entertaining space.

Although summer has passed by, Sydney’s latest lockdown has reminded many Australians of the benefits that come with investing in a coastal holiday home

Five coastal apartments to consider in NSW

The NSW Government has ruled that residential tenants will have greater protection during the escalating lockdown with a targeted eviction moratorium.  

Additionally residential landlords who decrease rent for impacted tenants can apply for a grant of up to $1,500 or land tax reductions depending on their circumstances.
 
Commercial and retail landlords will need to attempt mediation before recovering a security bond, or locking out or evicting a commercial or retail tenant impacted by the Public Health Order.

Commercial, retail and residential landlords liable for land tax will be eligible for a land tax concession where they reduce the rent of their tenant.

The temporary tenancy moratorium introduced in 2020 to restrict when landlords could evict tenants due to rental arrears as a result of COVID-19 ended on 26 March 2021.

From 27 March 2021, a six-month transitional period had begun.

The six-month transitional period saw COVID-19 impacted tenants who accrued rent arrears between 15 April 2020 and 26 March 2021 not being subject to the standard tenancy eviction rules for those arrears.

Tenants and landlords were being assisted by Fair Trading to negotiate repayment plans for arrears accrued during the moratorium period. Under the transition landlords were only be able to evict these tenants for these arrears if they have first attempted in good faith to negotiate a repayment plan. 

It also has to be fair and reasonable to evict.

If a landlord and tenant have agreed to a repayment plan, the tenant cannot be evicted unless they have failed to meet agreed repayments on two consecutive occasions.

COVID-19 impacted tenants are also permanently protected from being listed on tenancy databases for arrears accrued during the moratorium period.

Landlords were able to terminate any tenant under standard provisions for arrears accrued after the moratorium measures ended on 26 March 2021.

The NSW Government has announced the new support for landlords included up to $210 million in grants to eligible landlords.The land tax relief will be equal to the value of rent reductions provided by landlords to financially distressed tenants, up to 100 per cent of the 2021 land tax year liability.
 
Minister for Better Regulation Kevin Anderson said the short-term tenancy and landlords support package will provide renters and landlords with immediate assistance during the COVID-19 lockdown.
 
“These measures hinge on landlords and tenants working together through this challenging period and we encourage both parties to enter negotiations in good faith.
  
For more information visit: https://www.fairtrading.nsw.gov.au/

The latest eviction measures were announced by the NSW Government amid an economic support package worth billions of dollars aimed at helping businesses and people right across the state fight through the current COVID-19 lockdown.
 
The commitment will now be up to $5.1 billion, including more than $1 billion from the Commonwealth as part of a business and employee support program.
 
The business grants program announced two weeks ago has been expanded, with grants between $7,500 and $15,000 available to eligible businesses with annual wages up to $10 million. 

A new grant program has also been introduced for smaller micro businesses with turnover between $30,000 and $75,000.



Residential landlords who decrease rent for impacted tenants can apply for a grant 

Sydney apartment tenants secure eviction moratorium in lockdown measures

A two bedroom Surry Hills apartment fetched $1.555 million at its online weekend auction.

It was set on level three of the Foveaux Apartments at 301/81 Foveaux Street (pictured).&nbsp;

The apartment was designed by Adam Haddow of SJB with tailored interiors by Iain Halliday of BKH with bold colours, timber floors, floor to ceiling glass and high ceilings.

It comes with banquette dining and custom kitchen joinery with indoor-outdoor living with a Northern aspect.

It comes with a car space and basement storage in the development featuring 53 residential apartments and four retail shops.

[smartcode_project:default project_id=7363]

The apartment and balcony total 90sqm, with 110sqm including car space and storage

Its quarterly strata levies sit at $1,766.

It was sold by Dean Applegate at Laing &amp; Simmons having first sold at $1,265,000 in 2014.

It was shortly after $17.6 million development approval was given for the Legion Cabs site.

Some 44 of 53 apartments in The Foveaux sold at its September 2014 launch by former fashion boss Danny Avidan and his development partner Rafi Asouline.

They bought the 1370sq m site in 2013 at a heated auction for $18 million.

Unit prices in the five-level building start from $700,000 for a one bedroom, $995,000 for a two-bedroom and $1.5 million for a three-bedder.

It was expected to be completed in 2016, but settlements were in May 2017.

Sydney saw 172 weekend auction apartment results with a 74 percent success rate for its apartments and townhouse listings.

Nationally there were 468 results across all the capital cities with a 68 percent success rate and a $750,000 apartment median price.

The two bedroom apartment is positioned on level three of the Foveaux Apartments designed by Adam Haddow of SJB 

SJB-designed Surry Hills offering tops Sydney weekend apartment sales

From Tuesday 13 July 2021 you must wear a fitted face mask when you are in an indoor area of common property in a Sydney residential apartment building.

It covers strata titled, community titled and company titled complex.

Residents do not need to wear a mask inside their apartment.

It comes as a block of 29 apartments in Sydney's east has seen a covid breakout within five apartments in the complex.

The common areas where you must wear a mask include: 

a shared foyer or lobby of an apartment block; the lifts, stairwells and corridors and shared laundry facilities.

Masks must be worn by anyone entering including residents and visitors, building managers, concierge staff and cleaners.

Masks must also be worn by people providing goods and services including tradespeople and contractors along with people delivering food, mail and parcels. 

From Tuesday 13 July 2021 you must wear a fitted face mask when you are in an indoor area of common property in a Sydney residential building 

Masks compulsory from July 13 on Sydney apartment common property

The NSW Government has announced a collaboration to develop a world-first construction assurance tool to access a residential building&rsquo;s quality and compliance with construction standards.

The Building Assurance Solution (BAS) will bring together the products and designs certificates of compliance for each building to create a digital DNA that will establish a trustworthy rating for individual buildings, so they can be compared like-for-like.

Minister for Better Regulation and Innovation Kevin Anderson said developing this digital technology, in partnership with KPMG, NSW Fair Trading and the insurance industry, was part of the drive to transparency in lifting standards in the construction industry.

[smartcode_project:default project_id=100811 project_image_fid=162902]

&ldquo;We expect this to be a genuinely world-leading piece of work that will help measure the quality and insurability of buildings by identifying which buildings are trustworthy, from measuring compliance with design and construction standards to traceability of materials all the way back to the manufacturer.&rdquo; Mr Anderson said. 
&nbsp; 
&ldquo;With this information, aspiring homeowners will be able to make better decisions about what could be the most significant purchase in their life, before they buy.&rdquo; 
&nbsp; 
Mr Anderson said the BAS tool will allow the regulator to easily identify and respond to defective products and take action against the riskiest practitioners by knowing which buildings they have worked on. 
&nbsp; 
&ldquo;This tool will show us what products were used, who made them, what testing certifications are held and, who installed and certified building work. Practitioners who build and design in NSW will now have a digital fingerprint that will attach to every project they have worked on,&rdquo; Mr Anderson said.

[smartcode_project:default project_id=30049 project_image_fid=162882] 
&nbsp; 
Mr Anderson said the tool will allow insurers, for the first time, to easily compare buildings so they can better price insurance for buildings and the practitioners who design and construct them.&nbsp;

&ldquo;The Buliding Assurance Solution, combined with the requirement for designers and builders to lodge their designs electronically and declare they comply with the building code, will help give insurers confidence to return to the market,&rdquo; Mr Anderson said.

[smartcode_project:default project_id=7363 project_image_fid=166645]&nbsp; 
 
The minister advised KPMG will work with developers, including Mirvac, to demonstrate the application of the BAS tool to their new projects. 
&nbsp; 
&ldquo;Ultimately this tool will help establish NSW as the best place to run a trustworthy construction business, giving the cowboys nowhere to hide and consumers confidence &nbsp;they&rsquo;re buying an apartment that will stand the test of time,&rdquo; Mr Anderson said.

The BAS tool will give the cowboys nowhere to hide and consumers confidence, NSW state government minister Kevin Anderson said

Mirvac among Sydney developers steering apartment building purchasing to quality transparency

Coronation Property&rsquo;s latest master-planned apartment development, Mason &amp; Main, offers smart-designed apartments set above a brand&nbsp;new&nbsp;dining and fresh food marketplace.

Situated on Merrylands Road in West Sydney, the project offers a range of one, two and three-bedroom configurations with most apartments priced under $650,000.

Designed by Woods Bagot, Mason &amp; Main is packed with amenity inside as well as those scattered in the master-planned community and wider area.

[smartcode_project:default project_id=31751 project_image_fid=160996]

Apartments at Mason &amp; Main are filled with natural light&nbsp;featuring large balconies and terraces enjoying vistas to the Blue Mountains and the CBD.

The main bedroom, living, dining, and balcony all have&nbsp;a direct northerly aspect with most apartments including&nbsp;large multipurpose rooms, maximising owner occupier flexibility. These rooms enjoy natural light, custom joinery, and the ability to be completely closed off, ideal for working from home, or for setting up a guest bedroom or nursery.

Apartment finishes in Mason &amp; Main come in two distinct colour schemes.

[smartcode_project:default project_id=31751 project_image_fid=160999]

Mason &amp; Main offers a green roof, communal amenities and public space on the ground floor with commercial premises, constructed by MN Builders

Residential facilities are available&nbsp;on the resident-only resort level, including a pool with day beds, a gym, lush garden cabanas, and barbecue&nbsp;areas.

Merrylands is known for its eclectic mix of places to eat and shop, and is just&nbsp;three&nbsp;kilometres from the&nbsp;Parramatta CBD.

School and learning facilities nearby include&nbsp;Key College,&nbsp;Merrylands Public School,&nbsp;Merrylands High School and Granville Boys High School.

[smartcode_project:default project_id=31751 project_image_fid=161007]

The project has received a large response from locals and first home buyers, with studio&#39;s priced from $395,000 and one-bedrooms from $500,000.

Two bedders start at $564,000&nbsp;and 3 bedders at $879,000.

[smartcode_project_cta: project_id=31751]

Coronation Property’s latest master-planned apartment development, Mason & Main, offers smart-designed apartments set above a brand new dining and fresh food marketplace

Latest New South Wales Property News

La Vera closes in on completion as Macquarie Park continues residential transformation

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Latest New South Wales Property News

La Vera closes in on completion as Macquarie Park continues residential transformation

Editor's Picks

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Developments

New apartments

New townhouses

News