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?

<html><body>
Roselands has the highest decline of unit stock in New South Wales, according to Investar’s latest report.
The property investment firm says that the number of Roseland units has plunged by 59 percent from 49 to just the 20 for sale.
This is followed by Nambucca Heads with 51 percent and West Ryde with 47 percent.
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="104">
Suburb
</td>
<td valign="top" width="64">
Postcode
</td>
<td valign="top" width="83">
Current median price
</td>
<td valign="top" width="71">
Current sales stock
</td>
<td valign="top" width="71">
Sales stock 1 yr ago
</td>
<td valign="top" width="57">
Decline
</td>
</tr>
<tr>
<td valign="top" width="104">
Roselands
</td>
<td valign="top" width="64">
2196
</td>
<td valign="top" width="83">
$489,000
</td>
<td valign="top" width="71">
20
</td>
<td valign="top" width="71">
49
</td>
<td valign="top" width="57">
59%
</td>
</tr>
<tr>
<td valign="top" width="104">
Nambucca Heads
</td>
<td valign="top" width="64">
2448
</td>
<td valign="top" width="83">
$415,000
</td>
<td valign="top" width="71">
21
</td>
<td valign="top" width="71">
43
</td>
<td valign="top" width="57">
51%
</td>
</tr>
<tr>
<td valign="top" width="104">
West Ryde
</td>
<td valign="top" width="64">
2114
</td>
<td valign="top" width="83">
$625,000
</td>
<td valign="top" width="71">
18
</td>
<td valign="top" width="71">
34
</td>
<td valign="top" width="57">
47%
</td>
</tr>
<tr>
<td valign="top" width="104">
Batehaven
</td>
<td valign="top" width="64">
2536
</td>
<td valign="top" width="83">
$315,000
</td>
<td valign="top" width="71">
22
</td>
<td valign="top" width="71">
39
</td>
<td valign="top" width="57">
43%
</td>
</tr>
<tr>
<td valign="top" width="104">
Forster
</td>
<td valign="top" width="64">
2428
</td>
<td valign="top" width="83">
$380,000
</td>
<td valign="top" width="71">
59
</td>
<td valign="top" width="71">
102
</td>
<td valign="top" width="57">
42%
</td>
</tr>
</tbody></table>
A two bedroom unit at <a href="https://www.realestate.com.au/property-unit-nsw-roselands-125037114" target="_blank">19/17-19 Phillip Street</a>, Roselands (above) has been listed for $515,000.
Similarly a  two bedroom unit at <a href="https://www.realestate.com.au/property-unit-nsw-roselands-124843090" target="_blank">Unit 6/818-826 Canterbury Road</a>, Roselands (below) has been listed for $450,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/04/19/Unit%206_818-826%20Canterbury%20Road.jpg" alt="">
</body></html>

j.ballantyne1990-6AQqhLzZaK

Roselands unit stock drop in volume by 59 percent: Investar

<html><body>
Burradoo had the greatest decline in housing sale stock in New South Wales, according to a recent Investar report.
The property investment firm says that the number of houses in Burradoo for sale has declined by 65% from 67 to around 23.
This is followed by Middleton Grange and Stanhope Gardens with a 60% drop in offerings and Chipping Norton with 53%.
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="104">
Suburb
</td>
<td valign="top" width="64">
Postcode
</td>
<td valign="top" width="100">
Current median price
</td>
<td valign="top" width="70">
Current sales stock
</td>
<td valign="top" width="70">
Sales stock 1 yr ago
</td>
<td valign="top" width="57">
Decline
</td>
</tr>
<tr>
<td valign="top" width="104">
Burradoo
</td>
<td valign="top" width="64">
2576
</td>
<td valign="top" width="100">
$1,495,000
</td>
<td valign="top" width="70">
23
</td>
<td valign="top" width="70">
67
</td>
<td valign="top" width="57">
65%
</td>
</tr>
<tr>
<td valign="top" width="104">
Middleton Grange
</td>
<td valign="top" width="64">
2171
</td>
<td valign="top" width="100">
$800,000
</td>
<td valign="top" width="70">
46
</td>
<td valign="top" width="70">
115
</td>
<td valign="top" width="57">
60%
</td>
</tr>
<tr>
<td valign="top" width="104">
Stanhope Gardens
</td>
<td valign="top" width="64">
2768
</td>
<td valign="top" width="100">
$850,000
</td>
<td valign="top" width="70">
22
</td>
<td valign="top" width="70">
55
</td>
<td valign="top" width="57">
60%
</td>
</tr>
<tr>
<td valign="top" width="104">
Chipping Norton
</td>
<td valign="top" width="64">
2170
</td>
<td valign="top" width="100">
$880,000
</td>
<td valign="top" width="70">
18
</td>
<td valign="top" width="70">
39
</td>
<td valign="top" width="57">
53%
</td>
</tr>
<tr>
<td valign="top" width="104">
Branxton
</td>
<td valign="top" width="64">
2335
</td>
<td valign="top" width="100">
$453,500
</td>
<td valign="top" width="70">
34
</td>
<td valign="top" width="70">
71
</td>
<td valign="top" width="57">
52%
</td>
</tr>
<tr>
<td valign="top" width="104">
Kellyville Ridge
</td>
<td valign="top" width="64">
2155
</td>
<td valign="top" width="100">
$947,500
</td>
<td valign="top" width="70">
25
</td>
<td valign="top" width="70">
52
</td>
<td valign="top" width="57">
51%
</td>
</tr>
<tr>
<td valign="top" width="104">
Wilton
</td>
<td valign="top" width="64">
2571
</td>
<td valign="top" width="100">
$705,000
</td>
<td valign="top" width="70">
18
</td>
<td valign="top" width="70">
37
</td>
<td valign="top" width="57">
51%
</td>
</tr>
<tr>
<td valign="top" width="104">
West Pennant Hills
</td>
<td valign="top" width="64">
2125
</td>
<td valign="top" width="100">
$1,650,000
</td>
<td valign="top" width="70">
32
</td>
<td valign="top" width="70">
65
</td>
<td valign="top" width="57">
50%
</td>
</tr>
<tr>
<td valign="top" width="104">
Hawks Nest
</td>
<td valign="top" width="64">
2324
</td>
<td valign="top" width="100">
$479,000
</td>
<td valign="top" width="70">
28
</td>
<td valign="top" width="70">
56
</td>
<td valign="top" width="57">
50%
</td>
</tr>
<tr>
<td valign="top" width="104">
Laurieton
</td>
<td valign="top" width="64">
2443
</td>
<td valign="top" width="100">
$442,500
</td>
<td valign="top" width="70">
24
</td>
<td valign="top" width="70">
47
</td>
<td valign="top" width="57">
48%
</td>
</tr>
</tbody></table>
A four bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-burradoo-125193870" target="_blank">30 Hurlingham Avenue</a>, Burradoo (above) has been listed with a price guide of between $1,495,000 to $1,644,000.
Similarly a four bedroom house at <a href="https://www.realestate.com.au/sold/property-house-nsw-burradoo-124498070" target="_blank">64b Sunninghill Avenue</a>, Burradoo (below) was sold earlier this year for $1.25 million.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/04/19/64b%20Sunninghill%20Avenue.jpg" alt="">
</body></html>

Burradoo house listings declines by 65%: Investar

<html><body>
Coastal areas continue to be the most in demand locations in Ballina and Byron Bay, according to Herron Todd White’s latest report.
However, the property valuation firm says locations which have traditionally been less sought after remain strong, with prospective buyers operating in a heated market prepared to overlook negative attributes.
“With significant increases in values over the past 24 months any increase in stock or reduction in demand will likely see a reduction in value,” the report stated.
“The increases in value would not appear to be sustainable.”
Mullumbimby appears to be the most desired location at present, while demand for lower priced units in the Ballina area is strong, whilst the $1 million plus market in coastal areas such as Lennox Head and East Ballina continues to perform well.
The report advised the demand in Mullumbimby was being fuelled by interstate buyers looking to find alternatives to the more expensive resort towns of Brunswick Heads and Byron Bay.
“The average house price point for the particular suburb of Mullumbimby ranges between $750,000 and $1 million,” the report advised.
“The product at this price point is varied between either an older style dwelling or newer product.
“The older dwellings comprise single level houses built about the 1950s located in the flat part of Mullumbimby close to the local township,”
A four bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-mullumbimby-124897086" target="_blank">2 Palm Avenue</a>, Mullumbimby (above) has been listed for $989,000.
Similarly a five bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-mullumbimby-122164038" target="_blank">871 Main Arm Road</a>, Mullumbimby (below) has been listed for $845,000.
 <img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/04/20/871%20Main%20Arm%20Road.jpg" alt="">
 “If interest rates remain low and the demand for these particular houses remains high, the current sustainability of these houses to the market place will remain unchanged,” the report said.
 “People tend to be paying a significant premium for a renovated or revamped classic product in this suburb.
“There is both opportunity for renovation in Mullumbimby and for purchase of properties that have already had renovations done.”
</body></html>

Mullumbimby in demand with interstate buyers: HTW

<html><body>
The Lismore region has seen an increase in sale prices over the past six month, according to a recent Herron Todd White (HTW) report.
The property valuation firm says that there is a lack of good quality stock with high demand.
Agents are reporting well-presented houses being sold within days, sometimes hours, of hitting the market.
The top end of the market ($450,000 plus) is considered hot.
“We are seeing evidence of increases of up to 15% on houses that have resold within 12 months,” the report stated.
“Four-bedroom, two-bathroom brick and tile houses built after 2010 are proving to be very popular.”
The majority of purchasers are families looking to upsize or get into a home of their own.
The other popular dwelling is the classic, older 1900 to 1940s renovated property, however the renovation needs to be modern and opulent while staying true to the original design.
This is a hard combination to pull off, but when done right the market will pay handsomely, HTW advises.
The report said there were two sales last year in Girards Hill that managed to get the right mix of modern and classic and were sold for $740,000 and $750,000, while traditionally this area achieves $300,000 to $375,000.
The level of demand and lack of available stock is pushing prices up with premiums being paid to secure a property.
This is not considered sustainable over the long term.
“We caution that if there were to be an increase in stock or changes in the economic climate, the higher end of the market would be impacted more dramatically than the lower end,” the report warned.
With the pressure on the higher end of the market we are seeing good demand for lower end (sub $300,000), fixer upper, older style properties with good bones that can be readily updated to be flipped or kept as a first home.
This is proving popular with the younger demographic as an affordable way to enter the market.
Since the beginning of 2017, both Casino and Kyogle enjoyed an improving trend of potential buyer enquiries.
The type of buyer comprises a mixture of first home buyers, investors and existing home owners.
However what is interesting to note is that there has been an increase in non local interest, i.e. people moving into the area where it has been mentioned that the local area (Kyogle and Richmond Valley Council area) is considerably more affordable than other areas within the Northern Rivers.
Predominantly, the properties of interest within Casino and Kyogle are houses in the $200,000 to $300,000 price bracket and modern, well presented, rural residential estate properties on a typical one to five acres around the $400,000 to $600,000 price mark.
A three bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-casino-125155786" target="_blank">2 Cascade Drive</a>, Casino (above) has been listed for $269,000.
Similarly a two bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-kyogle-125068454" target="_blank">21 Caddie Avenue</a>, Kyogle (below) has been listed for $329,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/04/20/21%20Caddie%20Avenue.jpg" alt="">
</body></html>

Lismore property prices on the rise: HTW

<html><body>
Tumbarumba is the New South Wales locality that is the slowest to sell a house, according to a recent report from Investar.
The property investment firm says that a house in Tumbarumba can take up to 860 days to sell.
This is followed by Glen Innes with 757 and Gloucester with 624.
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="85">
Suburb
</td>
<td valign="top" width="85">
Postcode
</td>
<td valign="top" width="85">
Bedrooms
</td>
<td valign="top" width="96">
Days on market
</td>
<td valign="top" width="85">
Median price
</td>
</tr>
<tr>
<td valign="top" width="85">
Tumbarumba
</td>
<td valign="top" width="85">
2653
</td>
<td valign="top" width="85">
3
</td>
<td valign="top" width="96">
860
</td>
<td valign="top" width="85">
$237,500
</td>
</tr>
<tr>
<td valign="top" width="85">
Glenn Innes
</td>
<td valign="top" width="85">
2370
</td>
<td valign="top" width="85">
4
</td>
<td valign="top" width="96">
757
</td>
<td valign="top" width="85">
$380,000
</td>
</tr>
<tr>
<td valign="top" width="85">
Gloucester
</td>
<td valign="top" width="85">
2422
</td>
<td valign="top" width="85">
4
</td>
<td valign="top" width="96">
624
</td>
<td valign="top" width="85">
$389,000
</td>
</tr>
<tr>
<td valign="top" width="85">
Deniliquin
</td>
<td valign="top" width="85">
2710
</td>
<td valign="top" width="85">
3
</td>
<td valign="top" width="96">
586
</td>
<td valign="top" width="85">
$200,000
</td>
</tr>
<tr>
<td valign="top" width="85">
Narrandera
</td>
<td valign="top" width="85">
2700
</td>
<td valign="top" width="85">
4
</td>
<td valign="top" width="96">
579
</td>
<td valign="top" width="85">
$298,000
</td>
</tr>
</tbody></table>
A three bedroom home at <a href="https://www.realestate.com.au/property-house-nsw-tumbarumba-123157482" target="_blank">23 Bell Street</a>, Tumbarumba (above) has been on the market for 237 days, for sale at $210,000.
Another three bedroom home at <a href="https://www.realestate.com.au/property-house-nsw-tumbarumba-123937194" target="_blank">43 Albury Street</a>, Tumbarumba (below) has been on the market for 155 days, slightly more expensive at $250,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/02/24/43%20Albury%20Street.jpg" alt="">
A three bedroom house at <a href="https://www.realestate.com.au/sold/property-house-nsw-tumbarumba-124428202" target="_blank">92 The Parade</a>, Tumbarumba (below) was recently sold off market for $235,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/02/24/92%20The%20Parade.jpg" alt="">
Similarly a three bedroom house at <a href="https://www.realestate.com.au/sold/property-house-nsw-tumbarumba-124357098" target="_blank">21 Mate Street</a>, Tumbarumba (below) sold quickly for $230,000 in 40 days.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/02/24/21%20Mate%20Street.jpg" alt="">
</body></html>

Tumbarumba the slowest New South Wales locality to sell a house: Investar

<html><body>
Yamba is the slowest locality in New South Wales to sell a unit, according to Investar’s latest report.
The property investment firm says that a unit in Yamba can expect to stay on the market for 724 days before it is sold.
This is followed by South West Rocks with 692 and The Entrance with 677.
<table style="width: 460px;" border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="109">
Suburb
</td>
<td valign="top" width="85">
Postcode
</td>
<td valign="top" width="85">
Bedrooms
</td>
<td valign="top" width="96">
Days on market
</td>
<td valign="top" width="85">
Median price
</td>
</tr>
<tr>
<td valign="top" width="109">
Yamba
</td>
<td valign="top" width="85">
2464
</td>
<td valign="top" width="85">
3
</td>
<td valign="top" width="96">
757
</td>
<td valign="top" width="85">
$380,000
</td>
</tr>
<tr>
<td valign="top" width="109">
South West Rocks
</td>
<td valign="top" width="85">
2431
</td>
<td valign="top" width="85">
3
</td>
<td valign="top" width="96">
692
</td>
<td valign="top" width="85">
$477,500
</td>
</tr>
<tr>
<td valign="top" width="109">
The Entrance
</td>
<td valign="top" width="85">
2261
</td>
<td valign="top" width="85">
Studio and 1
</td>
<td valign="top" width="96">
677
</td>
<td valign="top" width="85">
$167,500
</td>
</tr>
<tr>
<td valign="top" width="109">
Forster
</td>
<td valign="top" width="85">
2428
</td>
<td valign="top" width="85">
Studio and 1
</td>
<td valign="top" width="96">
669
</td>
<td valign="top" width="85">
$249,000
</td>
</tr>
<tr>
<td valign="top" width="109">
Batehaven
</td>
<td valign="top" width="85">
2536
</td>
<td valign="top" width="85">
2
</td>
<td valign="top" width="96">
666
</td>
<td valign="top" width="85">
$260,000
</td>
</tr>
<tr>
<td valign="top" width="109">
Nambucca Heads
</td>
<td valign="top" width="85">
2448
</td>
<td valign="top" width="85">
2
</td>
<td valign="top" width="96">
663
</td>
<td valign="top" width="85">
$445,000
</td>
</tr>
<tr>
<td valign="top" width="109">
Belmont
</td>
<td valign="top" width="85">
2280
</td>
<td valign="top" width="85">
2
</td>
<td valign="top" width="96">
658
</td>
<td valign="top" width="85">
$419,500
</td>
</tr>
<tr>
<td valign="top" width="109">
Hawks Nest
</td>
<td valign="top" width="85">
2324
</td>
<td valign="top" width="85">
2
</td>
<td valign="top" width="96">
630
</td>
<td valign="top" width="85">
$269,000
</td>
</tr>
<tr>
<td valign="top" width="109">
Jindabyne
</td>
<td valign="top" width="85">
2627
</td>
<td valign="top" width="85">
2
</td>
<td valign="top" width="96">
616
</td>
<td valign="top" width="85">
$228,000
</td>
</tr>
<tr>
<td valign="top" width="109">
Casino
</td>
<td valign="top" width="85">
2470
</td>
<td valign="top" width="85">
2
</td>
<td valign="top" width="96">
585
</td>
<td valign="top" width="85">
$169,000
</td>
</tr>
</tbody></table>
A three bedroom unit at <a href="https://www.realestate.com.au/sold/property-unit-nsw-yamba-121471382" target="_blank">2/40 Beachside Way</a>, Yamba (above) was sold for $375,000.
Similarly a three bedroom unit at <a href="https://www.realestate.com.au/sold/property-unit-nsw-yamba-122024418" target="_blank">1/75 Park Avenue</a>, Yamba (below) was sold.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/02/24/1_75%20Park%20Avenue.jpg" alt="">
 
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Yamba the slowest New South Wales locality to sell a unit: Investar

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Sydney’s northern region presents a good option for first home buyers thanks to potential depreciation benefits, according to HTW’s Month in Review: March 2017. 
The valuation firm says government incentives for buying a new property and capital growth prospects make the area attractive to both investors and owner-occupiers.
In the northern suburbs of Sydney you can spend between $650,000 and $700,000 and purchase a one bedroom unit in Chatswood, Mosman and North Sydney, the report says.
However, the firm says that Dee Why presents better value with sub-$600,000 options available - well below the Sydney-wide median figure of $850,000.
“These are all good starters but have the potential to be ‘out grown’ quickly,” HTW says.
A one bedroom apartment at <a href="https://www.realestate.com.au/property-apartment-nsw-dee+why-124814610" target="_blank">9/31 Hawkesbury Avenue</a>, Dee Why (above) has a price guide of between $550,000 to $600,000.
Similarly a two bedroom apartment at <a href="https://www.realestate.com.au/property-apartment-nsw-dee+why-124908942" target="_blank">9/24 Lismore Avenue</a>, Dee Why (below) has been listed for $700,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/10/9_24%20Lismore%20Avenue.jpg" alt="">
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jonathanchancellor-7SQnKwU6yx

Why Dee Why is a value pick for first home buyers: HTW

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Sydney’s eastern suburbs are set to stay strong, especially in the first half of the year with a strong but slower second half of 2017, according to HTW's February 2017 update.
The valuation firm says the market has previously remained strong due to limited stock, high demand and buyer confidence. These factors will continue to support the market through to the end of the year.
Detached houses around $1.5 million to $3 million and units up to $3 million are predicted to have a slower growth than previous years. The prestige markets (over $3 million) along the beachside and centrally located suburbs are set to have a slightly higher growth than previous years with stronger buyer confidence.
The market saw strong growth in 2016 for North Bondi which had 22.4% growth and Paddington with 16% growth, according to pricefinder.com.au. HTW expect that these areas will continue to perform well this year in the over $3 million price point.
As the eastern suburbs have had a strong three years of growth recently, there does not appear to be any suburb with an affordable price point.
"Worth watching are Potts Points and Bondi Junction.
"Potts Point has had a decline in the entertainment precinct which has made this area more appealing to young professionals.
"As the nightclubs and night time entertainment have declined, it has made this area a quieter and slower paced neighborhood."
It noted Bondi Junction is still in high demand for young families and professional couples as the suburb is in close proximity to Westfield Bondi, Bondi train station and local amenities and high growth is still predicted.
In Potts Point <a href="https://www.laing.com.au/3450742/#gallery" target="_blank">$4 million is being sought</a> by Lapahm Holdings director Margaret Malaghan for her Hordern Place tower penthouse, which has views of the Harbour Bridge and Opera House.
The apartment (above) spans two floors, with two bedrooms, a bathroom and a laundry at entry level and the living areas and master bedroom upstairs.
A covered balcony wraps around the north-west corner.
Vicki Laing of Laing Real Estate has the auction scheduled for February 28.
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Potts Point and Bondi Junction worth watching as Sydney's eastern prestige suburbs ride high: HTW

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Quality dwellings and units in Sydney’s southern suburbs are predicted to be stronger performers for the year ahead, according to HTW's February 2017 update.
The valuation firm says the end of 2016 saw highly renovated and new high quality properties perform better than older or average stock. Poorly renovated and inferior stock appears to be taking longer to sell and is not achieving vendor expectations.
Iridium Developments recently purchased four freestanding unit blocks from two strata corporations for $54 million in Cronulla.
HTW anticipates that the price gap between new and older stock will widen by the end of 2017.
"There is high demand and currently not enough stock to match and therefore potential growth for the $2 million plus unit bracket."
The report says high quality units in the suburb of Cronulla is a market it expects to perform well this year.
"New units from $2 million with a very high standard finish and with a possible view will potentially be our best performer this year.'
The main drivers of this unit market are considered to be the shift in lifestyle for downsizers who have sold their family home in a strong market and are now looking for a quality, low maintenance lifestyle in Cronulla to remain in their local area with access to views, the beach and shops.
Although Gymea had a strong 2016, HTW predicts that 2017 will be another year of double digit growth.
Gymea has been popular with young families of late, due to the growing café scene, upgrades to the Gymea Bay Road and relative affordability of this location within the Sydney basin.
Although the southern suburbs have had strong growth over the past three years, the report nominates Engadine is as a relatively affordable market with a median house price of $950,000 for December 2016, according to CoreLogic RP Data.
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Cronulla units tipped for a bumper year: HTW

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The Sydney property market experienced "more sustainable" median price growth throughout 2016, according to the latest report from PRDnationwide.
Since 2015, the city’s median house price increased by 4.3%, indicating continuing steady growth, said the company’s Sydney Hotspots: Second Half of 2016 report.
“Sydney has defied 2016 forecasts by recording continuing growth in house prices, however at more sustainable levels, with the middle to outer ring providing more affordable living options,” said Tony Brasier, PRDnationwide managing director.
Click pictures to open in new window:
<a href="https://www.propertyobserver.com.au/images/2017/01/31/syd-1.jpg" target="_blank"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/01/31/syd-1.jpg" alt=""></a>
<a href="https://www.propertyobserver.com.au/images/2017/01/31/syd-2.jpg" target="_blank"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/01/31/syd-2.jpg" alt=""></a>
<a href="https://www.propertyobserver.com.au/images/2017/01/31/syd-3.jpg" target="_blank"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/01/31/syd-3.jpg" alt=""></a>
The report focused on suburbs within a 20km radius of the CBD, taking into consideration the following factors:
<ul>
<li>Sales indicators - median price growth over 2016 and previous years, number of sales, average days on the market, and vendor discounting.</li>
<li>Rental indicators - median rental price, rental yield, and vacancy rates</li>
<li>Affordability - the average New South Wales home loan, of $443,893 as at June 2016, which is a change of 1.9% over the previous quarter.</li>
<li>Project developments commencing in 2016 - commercial, mixed use, infrastructure, industrial and residential. This indicates potential increases in economic and commercial activity, interconnectivity to the key transport routes, the CBD and other major urban business hubs</li>
</ul>
The Sydney City Council property market has experienced median price growth for houses throughout 2016. Since 2015, the city’s median house price increased by 4.3%, indicating continuing steady growth.
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