For most new apartment buildings, the Owners Corporation starts life with little more than a bank account and the first quarterly strata levies.

At <a href="https://www.apartments.com.au/buildings/9-gay-street-castle-hill-9-gay-street-castle-hill-nsw-2154">9 Gay Street</a> in <a href="https://www.apartments.com.au/developments/castle-hill-nsw-2154">Castle Hill</a>, it starts with around $7 million in reserve.

It's an unusual legacy of what was once one of Sydney's highest-profile apartment remediation projects. When the development, originally known as Skyview and built by disgraced developer Top Place, came under scrutiny by then NSW Building Commissioner David Chandler, an $11 million remediation bond was negotiated to ensure any building defects could be fully rectified.

The building underwent an 18-month remediation program, during which around $4 million of that bond was spent bringing the building up to the standard it should have been in from the outset.

After extensive inspections, all active rectification orders have been lifted. What's more, around $7.2 million remains secured for the Owners Corporation for the next 15 years.

In a twist few would have predicted, what began as a significant concern for purchasers has left the building with something almost unheard of in the apartment market: a multi-million-dollar financial reserve from day one.

[smartcode_project:default project_id=147685 project_image_fid=359136]

<a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a> Executive Chairman Greg Huxley said the structure offers buyers a level of certainty that is difficult to replicate.

"The $11 million bond established for the Skyview Castle Hill development represents exceptional value, providing genuine financial security for purchasers," Huxley said.

"Unlike a standard insurance policy, this bond consists of real funds held in trust for the Owners Corporation, offering a tangible layer of protection and added peace of mind."

The apartments themselves have been designed with a focus on practical, contemporary living. Interiors feature Smeg appliances, stone benchtops, tiled living areas, carpeted bedrooms, 2.7-metre ceilings, floor-to-ceiling glazing, and ducted heating and cooling throughout.

Residents also have access to a range of shared amenities, including two rooftop barbecue areas, a swimming pool, children's playgrounds, secure building access, storage cages, and visitor parking.

The location continues to be one of the project's strongest drawcards. Castle Hill Metro Station sits virtually on the doorstep, providing direct connections across Sydney's expanding Metro network, while Castle Towers offers extensive retail, dining, entertainment, and service amenities within walking distance.

[smartcode_project:default project_id=147685 project_image_fid=359127]

The building, now named after its location at 9 Gay Street, comprises a diverse mix of one-, two-, and three-bedroom apartments starting from just under $600,000.

Equitifund National Sales Director Ben Hamblett said demand in the Hills District continues to be driven by buyers seeking convenience and connectivity.

"Interest from both owner-occupiers and investors in Castle Hill remains exceptionally strong, with buyers consistently prioritising developments in close proximity to the Metro station and Castle Towers Shopping Centre," Hamblett said.

"There is a clear trend in the market, with purchasers seeking convenient access to transport and lifestyle amenities that support a seamless, low-maintenance way of living."

On top of the long-term protection afforded by the remaining $7.2 million bond, Equitifund is offering a limited-time stamp duty rebate on selected apartments.

Eligible purchasers can also secure finance options, including a 3.99 per cent two-year variable rate, loan-to-value ratios of up to 90 per cent, and interest-only lending options through EquitiCredit.

[smartcode_project_cta:default project_id=147685]

Joel Robinson

Why this Castle Hill apartment building starts with a $7 million advantage

For much of the past few years, conversations about Australia's property market have centred on the rapid growth seen in Sydney, Brisbane, Gold Coast, and Perth. <a href="https://www.apartments.com.au/developments/melbourne-vic-3004">Melbourne</a> has followed a different trajectory.

That relative underperformance is now encouraging some buyers to reassess the city, particularly those willing to look beyond short-term market movements and focus on quality property in established locations, along with the long-term growth prospects of a city expected to overtake Sydney as Australia’s most populous.

John Bekiaris, Research &amp; Market Insights at <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Projects by Equitifund</a>, said Melbourne's current position is attracting increasingly sophisticated purchasers.

"Melbourne continues to present one of Australia's strongest long-term investment stories," Bekiaris says.

"While other capital cities have experienced stronger recent growth, that relative underperformance is exactly what's attracting sophisticated counter-cyclical investors."

[smartcode_project:default project_id=1979 project_image_fid=363268]

Equitifund isn't just commenting on Melbourne's property market, it's investing in it.

The Sydney-headquartered capital partner has taken over the remaining apartments at <a href="https://www.apartments.com.au/buildings/victoriana-melbourne-20-queens-road-melbourne-vic-3004">Victoriana</a>, the recently completed glass-encased development opposite Albert Park Lake in Melbourne's tightly held St Kilda Road precinct.

Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> and built by <a href="https://www.apartments.com.au/builders/hickory">Hickory</a>, Victoriana places residents between one of Melbourne's most recognised parklands and the CBD, offering oversized two and three-bedroom apartments aimed at owner-occupiers seeking a genuine alternative to a traditional family home.

The development comprises 232 completed residences alongside a suite of resident amenities, including a 25-metre indoor swimming pool, gymnasium, landscaped entertaining areas, resident lounges, EV charging, secure basement parking and a concierge-style arrival experience.

[smartcode_project:default project_id=1979 project_image_fid=363229]

The apartments have been designed with owner-occupiers firmly in mind.&nbsp;Open-plan living and dining areas flow onto generous balconies framing views across Albert Park Lake, Fawkner Park, the Royal Botanic Gardens and the Melbourne skyline.

Kitchens feature Gaggenau appliances, stone benchtops and generous preparation space. Bedrooms include built-in robes, while bathrooms feature full-height textured tiling. Hardwood flooring and ducted air conditioning complete residences designed for long-term living.

Rothelowman's architecture takes its cues from the landscape opposite the site. Sweeping horizontal glazing references the movement of Albert Park Lake, while generous balconies and expansive glazing strengthen the connection between the apartments and the surrounding parklands. The result is a building designed to deliver the scale and amenity expected of luxury apartment living, while offering the larger floorplans increasingly sought by owner-occupiers.

[smartcode_project:default project_id=1979 project_image_fid=363284]

The location is one of Victoriana's defining characteristics. Positioned on Queens Road, residents are directly opposite Albert Park Lake and within easy reach of Fawkner Park, the Royal Botanic Gardens, South Melbourne, St Kilda Road and the CBD. With few comparable development opportunities remaining in the precinct, buyers are increasingly placing value on outlooks that are unlikely to be interrupted by future construction.

Greg Huxley, Founder of Equitifund, believes those qualities become even more valuable over time.

"Premium real estate has always rewarded buyers who take a long-term view," Huxley said.

"Victoriana represents the kind of asset that's increasingly difficult to recreate today, particularly in an established location like Queens Road."

He said rising construction costs are also changing the way buyers assess completed developments.

"When you combine an irreplaceable location with thoughtful architecture and premium finishes, you create something that becomes increasingly difficult to reproduce as construction costs continue to rise."

[smartcode_project:default project_id=1979 project_image_fid=363228]

According to National Sales Director Ben Hamblett, enquiry has been driven largely by Melbourne downsizers and buyers upgrading from smaller apartments.

"Interest in Victoriana continues to build, with strong buyer focus on the larger owner-occupier residences within the development," Hamblett says.

"Enquiry is increasingly driven by local buyers who recognise the rarity of what's on offer: park-facing apartments in an established neighbourhood where new development opportunities are becoming increasingly scarce. At Victoriana, the view is not just a feature; it's an appreciating asset in its own right."

He said interstate enquiry has also strengthened as buyers reassess Melbourne's position within the national property cycle.

"Melbourne currently stands as the most compelling entry point of any major Australian capital, and discerning buyers are beginning to recognise what those who move early always understand: the best opportunities are taken before the price rise confirms them."

[smartcode_project_cta:default project_id=1979]

Why now is the time to buy in Melbourne's premium apartment market

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

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

Off-the-plan property explained: What is stamp duty?

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The ABC has signalled its proceeding with its proposal to sell its production site in Artarmon.

The public broadcaster has announced initial steps to “dispose” of the 14,000 sqm studios and production facility.

It is on Campbell St and Lanceley Place.

The likely listing follows a review of its property holdings across Australia.

The site, known as Studio 26, is used for various productions and contains a soundstage. 

The will seek leaseback arrangements for a period of time with the buyer.

The move will end the ABC’s presence on Sydney’s north shore after relocating its headquarters to Ultimo in 2003 from the Gore Hill studios, located next to Studio 26, that operated from 1956.

It is now the Gore Hill Technology Park with a data centre currently under construction on the corner of the Pacific Hwy and Broadcast Way.

Channel 9 closed its Sydney headquarters in Willoughby to relocate last year to North Sydney.

The Mirvac Group secured the landmark site last year in a deal worth about $227 million.

After the sale by Colliers International, Mirvac advised it intends to redevelop the site in accordance with the previously approved plans for 460 units across 10 buildings of up to nine storeys tall.

The vendors, Michael Jiang’s Lotus Capital and Hong Kong-based Euro Properties, had paid $147 million for the site in 2015.
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The public broadcaster has announced initial steps to “dispose” of the 14,000sqm studios and production facility

jchancellor

The ABC to proceed with proposal to sell its Artarmon production site

Lifestyle markets in the Greater Sydney region were among a number&nbsp;council areas with the highest incidence of profitability,&nbsp;according to CoreLogic’s recent Pain and Gain report.

While&nbsp;the higher-end housing market of Hunters Hill recorded the highest rate of profitable sales at 97.8 per cent, Sydney's lifestyle markets also saw significant profit-making sales.

“Council regions toward the top of the list for profitability included the Blue Mountains and Central Coast,” the report noted.

The Blue Mountains reported 96.6 per cent of all sales as profit-making with a median profit of $305,000, similar to the median profit of North Shore properties in Ku-Ring-Gai and Lane Cove.&nbsp;

95.5 per cent of Central Coast properties sold for a profit over the September quarter, with a total value of profit recorded at over $600 million, second only to the Northern Beach's $845 million.&nbsp;

Across Greater Sydney, the portion of profit-making sales increased 70 basis points to 91.9 per cent, with houses faring better than units.

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-01-19_at_5.40.39_pm.png" rel="gallery-all"><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="401" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2021-01-19_at_5.40.39_pm.png?itok=5DzoMLA1" width="580" /></a>

Across the council regions of Sydney, the highest portion of loss-making sales were in Strathfield and Parramatta, at 18.7 per cent and 18.4 per cent respectively.

88.1 per cent of the loss-making sales in Parramatta were units, 76.1 per cent of which were investor owned.

With a trend towards recovery in the Sydney dwelling market over the December quarter, CoreLogic predicts profitability may increase across the Sydney market in the coming months.

<h2>Residences on the market in Sydney’s profit-making Central Coast region</h2>

1. <a href="/developments/gosford-nsw-2250">The Archibald</a>, Gosford 
Address: 110-118 Mann Street, Gosford NSW 2250

<a class="colorbox colorbox-insert-image" href="/developments/gosford-nsw-2250" rel="gallery-all" target="_blank"><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="347" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/archibald.png?itok=skyOdEz9" width="580" /></a>

The Archibald is a statement of cosmopolitan living and relaxed luxury. This amenity-rich project&nbsp;is set to become one of the Central Coast’s most vibrant and dynamic urban villages, combining architectural design, luxury&nbsp;apartment living, and a premium hotel.

Taking its name from&nbsp;Archibald&nbsp;Acheson, the second Earl of&nbsp;Gosford&nbsp;circa 1839, The&nbsp;Archibald&nbsp;has an innate refinement&nbsp;with a contemporary laidback appeal. 
&nbsp;

2. Ravello, Point Frederick 
Address: 65 Masons Parade, Point Frederick NSW 2250

<img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="370" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/ravello-65-masons-parade-point-frederick-c5aaeb0223ea1baf93bd99719ae86c1b.jpg?itok=QJl3HX-H" width="580" />

Few locations rival Point Frederick’s intimate embrace of the coast. Prized for its substantial homes, leafy streets and magnificent views, it is one of the most tightly-held enclaves on the Central Coast.

Ready to move in 2021, Ravello offers waterside residences with spacious living and large outdoor terraces. Designed by White + Dickson Architects, the residence includes wine cellars, furnished lobby and views over Brisbane Water. &nbsp;

Council regions toward the top of the list for profitability included the Blue Mountains and Central Coast

max.kwok_55688

Greater Sydney lifestyle markets fared well in 2020: CoreLogic

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Sydney's harbourfront Rose Bay is set to get a new boutique beachfront apartment development.

Plans have been lodged for a small project of three apartments at 5 Collins Avenue, on the beach and facing the Sydney Harbour.

The $3.43 million plans will see the current 1910's Federation Arts &amp; Crafts mansion demolished.

The property belongs to Kate Champion, the wife of the Laser Clinics founder Alistair Champion. It last sold for $18 million in 2019.

<img alt="" height="881" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/champion_rose_bay.jpg" width="1200">

The MHNDUnion designs (pictured top and below) have two two bedroom apartments on the ground level, one with its living area opening to a private swimming pool, and the adjoining apartment with its own garden terrace.

Unit one, with the garden, spans 93 sqm internally and next door with the pool has 108 sqm of living space.

<img alt="" height="813" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/5_collins_rose_bay_2.jpg" width="1200">

Upstairs is the 214 sqm, full floor penthouse. It will have three bedrooms, including one master suite with walk in wardrobe, a TV room, a study and four bathrooms.

Each apartment is designed with the open plan kitchen, living and dining area oriented to face the harbour.

The Champions are based in the luxury Woollahra mansion Ilicus which they bought for $13 million in 2017.
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Rose Bay to get new beachfront apartment development

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A Surry Hills development site with stage 1 approval for Hotel/Residential Apartments/Retail development has sold for $33 million off market.

Situated at 232 - 240 Elizabeth Street, currently home to Restaurant Rush and other stores, the holding sits on a 905 sqm plot.

Cornering Elizabeth &amp; Reservoir Street it is opposite Central Station.

The stage 1 concept approval for the demolition of existing buildings on the site and the construction of a 2 level basement car park and mixed use building containing residential, hotel and retail uses was approved in July 2017.

It is located just along from The Golf House development at 228A Elizabeth Street.

Daniel Marano from Oxford Agency managed the selling of this property off-market on behalf of an overseas client.

There is no sign yet as to when the new developer will move to seeking approvals and then marketing.

<h2>Other developments in Surry Hills include:</h2>

<a href="/buildings/the-rathbone-23-47-flinders-street-surry-hills">The Rathbone</a>

Address: 23-47 Flinders Street, Surry Hills NSW 2010

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/rathbone_0.png" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="300" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/rathbone_0.png?itok=qpraZ1N-" width="580"></a></figure>Set for completion in 2022, only 33 one, two and three bedroom single apartments and double storey bespoke terrace apartments will be offered.

Prices range from $1.295 million to $2 million.

The Surry Hills development was designed by Scott Carver and constructed by Deacon Construction.'

<a href="/buildings/the-surry-421-423-elizabeth-street-surry-hills">The Surry</a>

Address: 421-423 Elizabeth Street, Surry Hills NSW 2010

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_surry.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="382" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the_surry.jpg?itok=RGONuzO7" width="580"></a>

The Surry is a 5-storey apartment development with retail space on the ground floor.

Cadmium’s latest project, is a unique boutique collection of 24 apartments, and they are once again working with Candalepas Associates,

Designed by award-winning architect Angelo Candalepas, it features one, two and three bedroom apartments as well as executive apartments on every level. Plus an expansive landscaped rooftop designed by 360O.
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Daniel Marano from Oxford Agency managed the selling of this property off-market on behalf of an overseas client

urban.com.au

Surry Hills development site sold off market for circa $33 million

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Greaton has announced its appointment of a new construction contractor at The Ribbon hotel project in Sydney’s Darling Harbour.

Probuild, will take over construction on the 25-storey project from its previous contractors Grocon.

Greaton advised it ensured “continuity of the build” towards its Q2 2022 completion date.

[smartcode_project:default project_id=7758]

The building will include a five-star W Hotel, including 450 guestrooms and 143 suites, and will reintroduce an IMAX Theatre.

<img alt="" height="666" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/darling_harbour_ribbon_hotel_2.jpg" width="1200">

With $2 billion worth of development projects in the pipeline, Greaton’s portfolio includes property landmarks spanning hotel, residential and commercial developments. 

The company’s flagship project in Sydney’s Darling Harbour, The Ribbon, will incorporate a 25-storey hotel development and new premises for Sydney’s IMAX theatre. 

Greaton’s projects elsewhere in Sydney include Oxford Central in the new Epping Town Centre, with the 251-apartment development, designed by Marchese Partners.

It is expected to be completed and fully settled in Q1 2020. 

Probuild’s national pipeline of projects worth $5 billion and an annual turnover of more than $2 billion is currently delivering Greenland Australia’s Greenland Centre in Sydney.
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Greaton advised it ensured “continuity of the build” towards its Q2 2022 completion date.

Probuild take over construction of The Ribbon hotel project in Sydney’s Darling Harbour from Grocon

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Urban’s 3 favourite things about Cornerstone:

<ul>
<li>Superbly developed alfresco dining areas, which are perfect for entertaining</li>
	<li>Ground floor retail spaces and parkland to activate the streetscape</li>
	<li>Excellent location, close to major amenities and residents can be in Sydney CBD in just 30 mins </li>
</ul>
The latest addition to Sydney's south-western suburb of Belmore is Cornerstone, delivered by ALAND. The striking 5-level residential building boasts a strong facade which has been designed with a sophisticated palette of natural stone, warm timber, brick and expansive glazing. Cornerstone is home to 141 stunning residences, with one, two and three-bedroom apartment configurations available to buyers. 

The apartment complex offers generous living areas, and superbly developed alfresco dining zones, perfect for entertaining. Three-bedroom homes feature a dual storey layout, complete with two balconies and two parking spaces – providing buyers with excellent value for money.

Cornerstone homes include beautiful engineered timber flooring, high ceilings and open-plan kitchens, with a large island bench providing a seamless flow from the kitchen to the living area.  
Recessed balconies give each home a sense of privacy, creating a tranquil environment for residents to enjoy elevated outdoor living. 

Cornerstone is home to 141 stunning residences, with one, two and three-bedroom apartment configurations available to buyers. 

Ground floor retail spaces and parkland activate the streetscape, giving both the community and residents a place to gather and enjoy a meal, catering to the suburb's substantial population growth. 

Located right on Canterbury Road, residents will have access to a great variety of shops, restaurants and cafes within walking distance. Residents can also be at the Sydney airport in less than 15 minutes, or Sydney CBD in 30 minutes*.

The latest addition to Sydney's south-western suburb of Belmore is Cornerstone, delivered by ALAND. Cornerstone is home to 141 stunning residences, with one, two and three-bedroom apartment configurations available to buyers. 

 
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chris.tomlinson@socialgarden.com.au

ALAND’s latest development Cornerstone, offers stunning and light-filled residences.

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The prime residential forecasts for the 30 cities in Savills World Cities Prime Residential Index highlight the strength of prime residential property.

Average growth for the cities in the index is forecast at 1.6% for 2021. Sentiment is improving as the rollout of the Covid-19 vaccine begins in many countries and, despite the uncertainties which still linger, prime residential property is expected to remain an active market.

The resilience of prime residential markets was highlighted during the second half of 2020. Savills World Cities Prime Residential Index recorded an average increase of 0.8% for the cities in the index at a time when global GDP is recovering from the impact of Covid-19 and subsequent lockdowns.

Many of the factors which helped drive the prime residential market in the second half of 2020 are expected to continue into 2021, including low stock levels in some locations and the desire for more space.

Historically low interest rates, which are expected to remain low for some time, also make the sector attractive for wealth preservation. These factors, and the sector’s strong fundamentals, mean positive price growth is expected in 19 cities, compared with nine that are expected to see small price falls.

<img alt="" height="636" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/savills_world_performance_2021.jpg" width="1200">

Source: Savills Research

<h2>The high fliers: +6%</h2>

Of the cities in the Savills World Cities Prime Residential Index, Seoul saw the strongest growth during 2020 with prices increasing 8.6%. This strong performance is expected to continue over the coming year. The market remains on an upward trend, driven by high demand from historically low interest rates, strong economic performance and short supply.

Berlin and Sydney are the next strongest performers. The German capital has been on an upward trend with high levels of demand that exceed supply. Sydney has seen comparatively weaker performance in recent years but is expected to improve in 2021 as economic activity picks up.

<h2>The strong contenders: +4-6%</h2>

Guangzhou is expected to see the highest growth out of the Chinese cities in the index over the coming year. The city is benefitting from urban regeneration projects as well as its proximity to comparatively higher-valued Shenzhen.

In the USA, as with many Western markets, the search for more space was a pandemic-driven trend during 2020. This is expected to continue over the coming year, benefiting cities that offer space, such as Miami.

Miami also has particularly attractive tax advantages. Should the rise in remote working continue, those who no longer need to stay in one location for work may find Miami appealing.

Mumbai has seen stamp duty changes over the past year. The forecast growth in Mumbai, driven by the stamp duty reduction and low mortgage rates, follows price falls due to an oversupply.

<h2>The steady cities: &gt;0-4%</h2>

Despite the headwinds of 2020, supply remains a significant influencer of price movements. Many cities that expected to see positive growth of up to 4% in 2021 are markets characterised by low supply levels, e.g. San Francisco, Amsterdam and Tokyo.

London’s prime market is expected to see a turnaround, with forecast growth underpinned by the value on offer compared with its peak in 2014.

The Chinese cities of Shanghai, Shenzhen, Hangzhou and Beijing are expected to see growth of between 0% and 4%. These markets have performed well in 2020 as economic activity returned. Residential is seen as a safe investment, which is expected to continue in 2021. Beijing has a slightly weaker forecast than the other cities in China due to heavy local regulation.

<h2>A softening of prices: -2-0%</h2>

Some prime residential markets are more reliant on international demand than others. For these markets, travel restrictions have hindered performance during the past year. While vaccine news does bolster optimism for the return of travel, a number of markets that are driven by international demand, including Dubai, Kuala Lumpur and Lisbon, are expected to see a slight softening of prices over the coming year. Lower international demand is also expected to impact the prime market in Paris.

A weaker economic environment is expected to impede growth in a number of cities in Southern Europe, including Milan, Rome, Barcelona and Madrid, while oversupply also continues to play a role for a few cities in this price growth tier, namely Bangkok and Dubai.

<h2>Down, but not out: &lt;-2%</h2>

In Hong Kong, the highest valued city in our index, prices have been impacted by political uncertainty. Prime values are expected to continue their downward trend over the coming year.

New York’s prime market has been on a downward trend in recent years due to oversupply. The pandemic has also caused a temporary move away from densely populated urban living – whether this becomes a long-term trend, however, still remains to be seen.

Sean Hyett is an analyst for Savills World Research
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Sydney forecast to sit among the 2021 residential high fliers: Savills

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Pepper Money, ranked as Australia’s largest non-bank lender, has partnered with the Hawks Basketball Club for the National Basketball League (NBL) season.

The non-bank lender has agreed to become the Wollongong-based team’s principal sponsor for this year’s competition.

Pepper Money was drawn to the NBL club because the team’s “ambitions both within the league and the community” were aligned with the company’s corporate mission, which is “to help people succeed.”

Mario Rehayem, Australia and New Zealand chief executive officer at Pepper Money, said he wanted to join The Hawks’ family to help them rebuild their franchise, reclaim success in the league, and serve the community in the Illawarra region. 

“This also ensures our brand is seen by a wider audience of sporting fans in Illawarra and across Australia.”

Dorry Kordahi, president and co-owner of The Hawks, welcomed the partnership.

The terms of the sponsorship were not disclosed.

Last year Pepper Money re-signed with the AFL Saints, recommitting as co-principal partner of the club for 2021. 

St Kilda CEO Matt Finnis noted they had been part of their sponsorship supporters since 2015.

This time last year Pepper Australia’s $1 billion ASX-listing plan was mooted, with the group said to be targeting 2020 profits of about $83 million.

It has recently been reported by The Australian that Macquarie Capital was believed to be lined up for a role working on a potential float of the lender in 2021.
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The non-bank lender has agreed to become the Wollongong-based team’s principal sponsor for this year’s competition.

Australia's largest non-bank lender Pepper Money partners with the NBL's Hawks Basketball Club.

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Fraser Property’s new master-planned community in Sydney’s Macquarie Park has achieved over 100 sales since its October launch.

Midtown MacPark, the new $2.1 billion community, occupies an 8.2-hectare site and is expected to feature a mix of around 3,300 new mixed-tenure residences, integrated within community facilities.

Fraser Property noted strong interest from first-home buyers with all studio apartments sold, which Fraser Property’s Nigel Edgar attributed to the HomeBuilder scheme.

“We’ve also seen strong demand from investors, who represent nearly 50 per cent of purchasers to date”, he said.

The development will include a proposed co-educational primary school, two childcare centres, seniors’ living and aged care, a new 6,000sqm central park, playgrounds, a community centre, and commercial pool and gym.

Designed by architects including Bates Smart, Hassell, COX and Candalepas Associates, the master-planned community will likely benefit the broader Macquarie Park community with the countless amenities expected to drive prices up.

<h2>Here are three luxury apartments in or nearby Macquarie Park</h2>

1. <a href="/new-apartments/trilogy-112-talavera-road-macquarie-park">Destination, Macquarie Park</a> 
Address: 114 Talavera Road, Macquarie Park NSW 2113 
One-bedroom apartments from $600,000

<a class="colorbox colorbox-insert-image" href="/new-apartments/trilogy-112-talavera-road-macquarie-park" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="334" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/destination-114-talavera-road-macquarie-park-a01e0c0989e3e71fbf549469c332ad75.jpg?itok=uDxfo3ZC" width="580"></a>

Delivered by Meriton and designed by DKO Architecture, Destination offers serene garden terraces, timeless design and views from every angle. Located within NSW’s second-largest business district, Destination will be located nearby the soon-to-be constructed Midtown.

The project offers lots of opportunity to downsizers hoping to take advantage of Macquarie Park’s competitive advantages, including its proximity to Macquarie University and local amenities. 
 

2. <a href="/buildings/moseley-17-21-moseley-street-carlingford">Moseley, Carlingford</a> 
Address: 17-21 Moseley Street, Carlingford NSW 2118 
One-bedroom apartments from $550,000

<a class="colorbox colorbox-insert-image" href="/buildings/moseley-17-21-moseley-street-carlingford" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="383" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/moseley-17-21-moseley-street-carlingford-deb64d668ca2451b931fe7318ec1af70.jpg?itok=IXNSKjZZ" width="580"></a>

The affordable Moseley project is located close-by Epping station, under 5 minutes to Macquarie University station. It will be delivered by the H&amp;T Group. The 41 one, two and three-bedroom apartments match the needs of families, downsizers and young professionals with contemporary design, modern silhouettes and amenities.

The building offers residents private storage, a gym, communal entertaining areas, and an electric charging dock. 
 

3. <a href="/buildings/reflections-44-shoreline-drive-rhodes">Reflections, Rhodes</a> 
Address: 44 Shoreline Drive, Rhodes NSW 2138 
Two-bedroom apartments from $840,000

<a class="colorbox colorbox-insert-image" href="/buildings/reflections-44-shoreline-drive-rhodes" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="300" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/reflections-44-shoreline-drive-rhodes-2d91adcbc292093a24c336e8bfd5eeb2.jpg?itok=fDaBzBo7" width="580"></a>

Meriton’s final waterfront development at the Rhodes Peninsula is Reflections, stunning homes with never to be built out views. The low-density collection of 94 apartments feature enclosed balconies, floor-to-ceiling windows, and oversized proportions.

Just over 10 minutes’ drive from Macquarie Park, the project enjoys a real community feel with a 300sqm private park, 25-metre heated pool, sauna and gym among its offerings.
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The group's new master-planned community, Midtown MacPark, has achieved over 100 sales since its October launch.



Fraser Property sees strong interest at their Macquarie Park project

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A Bondi Junction apartment site permit-ready for a five level apartment building, has sold for around $9 million. 

The incoming developer intends to proceed with the approved project at 110-116 Bronte Road.

The Bureau SRH designed complex will contain 20 dwellings, two shops and basement parking at the corner of Bronte Rd and Porter St.

Cohen Handler development and commercial acquisitions director Tas Costi represented the purchaser

Metro Commercial’s Zorick Toltsan was the selling agent of the site known Metropolitan 2022.

The developer Three Chefs Hats had paid $4.9 million in 2015 for the site on delayed settlement terms that saw a 2017 settlement. The retail premises have been occupied by Worldwide Travel, Medani Bakery and Awaken Life Chiropractic.

It has previously brought projects to market at Rose Bay and Bellevue Hill.

The development application was first lodged in 2014 with the 110–116 Bronte Road application the subject of Land and Environment Court (LEC) appeal in 2017. 

The Waverley Council noted the determination of the appeal saw the LEC ensure compatibility with the current street character as well as the desired future street character as set by the WLEP2012 and the WDCP 2012.

The appeal for 110–116 Bronte Road was determined  by Commissioner O’Neill who noted the requested exceedance of the height of buildings development standard was not justifiable on the basis of the form and height of the nearby Waverley telephone exchange building, nor its corner position.

The one and two bedroom units were offered by Richardson and Wrench-Bondi Junction agent Andre Frack in 2018  when completion was expected for late 2020. 

The apartments that all come with 15 sqm terraces were initially prices from $945,000 for one-bedroom units spanning 50 sqm internally. They were priced to $1.19 million. 

The two-bedrooms have about 80 sqm of internal space answer listed for between $1.6 million and $1.9 million.

No new pricing intentions have yet emerged.
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The Bureau SRH designed complex will contain 20 dwellings, two shops and basement parking at the corner of Bronte Rd and Porter St.

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