Adding to Chatswood’s growing skyline, <a href="https://www.apartments.com.au/new-apartments/the-anderson-chatswood-54-56-anderson-street-chatswood-nsw-2067">The Anderson</a> is grounded in a simple principle: apartment living in a major centre does not have to come at the expense of space and outlook.

Set on Anderson Street in the heart of <a href="https://www.apartments.com.au/developments/chatswood-nsw-2067">Chatswood</a>, the new residential tower, a collaboration between developers <a href="https://www.apartments.com.au/developers/changfa-group">Changfa Group</a> and <a href="https://www.apartments.com.au/developers/huirong-group">Huirong Group</a> with architecture and interiors by <a href="https://www.apartments.com.au/architects/ajc-architects">AJC Architects</a>, will introduce 122 apartments that prioritise generous proportions, considered orientation, and a strong connection to the surrounding heritage precinct.

The design originated from a Design Excellence Competition, where AJC proposed a building that combines suburban-style apartment scale with the density expected in a transport-rich centre. The development will include more than 1,800 square metres of retail and commercial space at street level, landscaped communal roof terraces, and a ground-floor pocket park framed by canopy trees. Together these elements aim to create a building that integrates with Chatswood’s evolving streetscape while maintaining a strong residential focus.

[smartcode_project:default project_id=151353 project_image_fid=353250]

A key driver behind the architecture was the desire to deliver family-sized apartments rarely seen in the Chatswood market. The Anderson includes a mix of one to four-bedroom apartments, with around 35 per cent of the residences configured as three or four-bedroom homes. At the top of the building, two double-storey penthouses span approximately 200 square metres each, reinforcing the project’s emphasis on scale and long-term liveability for both downsizers and intergenerational households.

Orientation and outlook were central to the planning of the building. The apartments are positioned to maximise views to the north and east across Chatswood’s heritage precinct, with upper levels capturing glimpses of the Pacific Ocean. South-facing apartments gain distant views toward the Sydney CBD and Harbour Bridge, while the building’s configuration intentionally reduces western exposure at lower levels to minimise overlooking toward the nearby railway corridor.

The external design references the character of the surrounding conservation area without replicating it directly. A brick podium anchors the building to the street and introduces a series of architectural portals that draw inspiration from the nearby Chatswood Presbyterian Church. Above this base, the tower shifts to a lighter, more open expression defined by horizontal lines and carefully detailed balconies that balance privacy with outward views.

[smartcode_project:default project_id=151353 project_image_fid=353254]

Toward the top of the tower, AJC introduces a distinctive lantern-like element formed by sliding screens. These screens provide both solar shading and privacy while also creating a visual marker for the building within the Chatswood skyline. The feature reinforces the architectural intent of the project, a structure that is visually refined while still responding to the practical requirements of apartment living.

Inside the residences, interior architecture by Hayball focuses on clear spatial flow and practical everyday use. Open-plan living areas connect directly to large balconies, extending the internal living spaces outward and allowing natural light to move deeper into the apartments. Kitchens are designed as central working spaces with premium appliances and carefully selected materials, positioned to serve both daily living and entertaining.

[smartcode_project:default project_id=151353 project_image_fid=353256]

Bathrooms follow a similarly restrained design language, using refined fixtures and materials to create calm, functional spaces, while wardrobe areas adopt a gallery-style layout with integrated lighting and generous storage. These elements reflect a broader design approach that prioritises clarity, functionality, and durability over decorative gestures.

Positioned just a short walk from Chatswood Interchange, residents will have direct access to rail, metro, retail, and dining. The Metro extension allows travel from Chatswood to Martin Place in approximately 11 minutes, placing the CBD within easy reach for residents while maintaining the convenience of a walkable North Shore neighbourhood.

One-bedroom apartments at The Anderson start from $1,022,000.

[smartcode_project_cta:default project_id=151353]

Joel Robinson

How AJC designed The Anderson to bring oversized apartment living to Chatswood

<a href="https://www.apartments.com.au/developers/bridgewell-development">Bridgewell Capital</a> has lodged plans for a major mixed-use apartment development in the heart of Maroubra, seeking a significant uplift in height and density controls to deliver 120 apartments and a 120-place childcare centre near Maroubra Junction.

The State Significant Development application, filed through the NSW Government’s Housing Delivery Authority pathway, covers a 3,270 sqm amalgamated site at 251-257 Maroubra Road and 133-135 Garden Street. The proposal includes a concurrent rezoning that would increase the maximum building height from 12 metres to 35.6 metres and lift the floor space ratio to 4.02:1.

Designed by <a href="https://www.apartments.com.au/architects/bka-architecture">BKA Architecture</a>, the project would replace a mechanic’s workshop and several detached homes with a 10-storey residential building above four basement levels.

The scheme comprises 120 apartments, including 27 affordable housing units to be managed by a community housing provider for 15 years, alongside 203 basement car spaces and 92 bicycle spaces. A childcare centre occupying nearly 900 sqm of floor area would sit at ground level and be capable of accommodating 120 children and 22 staff.

<img alt="First look: Bridgewell plots 120 apartments and childcare centre in Maroubra town centre" data-entity-type="file" data-entity-uuid="038a0639-f9e4-4303-8fcc-d43e73fa480f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bridgewell%20pers.png?VersionId=eGBElxmNqJW.YF3JFYgHTnPgAstdyXR3" />

According to the Design Report, the project has been conceived as a “gateway proposal” that responds to Maroubra’s evolving urban character and its proximity to the town centre.

“Designed to complement the character of Maroubra’s town centre, this gateway proposal features a building scale that matches its surroundings,” the report stated.

“It integrates residential units above a ground-level childcare centre, fulfilling the strategic objectives of the Randwick City Council Masterplan.”

The apartment mix is weighted toward larger residences aimed at families and downsizers, reflecting changing demographics in the Randwick LGA and increasing demand for medium-density housing close to transport and amenity.

BKA Architecture said the proposal seeks to reinforce Maroubra Road as a civic spine while improving the pedestrian experience around the site through landscaping and upgraded public interfaces.

“The design capitalises on the following site opportunities: reinforcement of Maroubra Road as a civic spine, enhancement of pedestrian pathways and the public interface via new landscaping, and strong market demand for two and three-bedroom apartments to support families and down-sizers,” the Design Report noted.

<img alt="First look: Bridgewell plots 120 apartments and childcare centre in Maroubra town centre" data-entity-type="file" data-entity-uuid="ee509779-3c7e-4918-b03d-761c785459d0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bridgewell%20site.png?VersionId=eZC4Ruyn.C7O.Qwfr1SVeP5.ds1c5.66" />

The building has been designed with setbacks and articulation intended to transition between the commercial intensity of Maroubra Junction and the surrounding lower-scale residential neighbourhoods. Communal open space is proposed on level one, while upper-level apartments would secure views towards Port Botany, Maroubra Beach and Sydney’s eastern suburbs.

The development sits around 200 metres east of the Maroubra Junction intersection of Anzac Parade and Maroubra Road, within one of Randwick’s identified strategic centres. The site is close to Pacific Square Shopping Centre, major bus routes, schools, parks and future cycling infrastructure proposed under the Maroubra Junction Masterplan.

The Maroubra proposal aligns with broader NSW Government initiatives encouraging higher-density housing near established centres and transport corridors, particularly where affordable housing is incorporated.

Bridgewell is also working on a <a href="https://www.apartments.com.au/news/qld/goldfields-sets-the-stage-as-quartet-milton-launches">new 55-unit project in Killara</a>.

First look: Bridgewell plots 120 apartments and childcare centre in Maroubra town centre

National diversified developer <a href="https://www.apartments.com.au/developers/goldfields-group">Goldfields</a> has launched its latest Brisbane apartment project, <a href="https://www.apartments.com.au/new-apartments/quartet-milton-33-manning-street-milton-qld-4064">Quartet Milton</a>, marking its entry into the sought-after inner-city suburb just two kilometres from the CBD.

The circa $100 million development will rise 18 storeys and deliver 131 apartments, offering a mix of one, two-, and three-bedroom residences.

Ideally located on Manning Street, Quartet residents will be within 300 metres of Milton Station, 500 metres from the Milton Ferry Wharf, and a short walk to Milton Markets, the iconic Park Road, as well as a range of breweries and cafés.

[smartcode_project:default project_id=108736 project_image_fid=367993]

Designed by architecture firm <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> and brought to life by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, the building features a simple, gridded façade paired with generous glazing to enhance views, maximise aspect, and capture both sunrises and sunsets from within the apartments and their generously sized balconies.

Residents will have access to a 1,000 sqm rooftop, curated to balance wellness and entertaining, in response to increasing demand for wellness-focused shared spaces.

"We've approached Quartet Milton as a complete lifestyle offering, not just apartments, but a place where the design, amenities, and location all work together in a meaningful way," says Goldfields Managing Director Lachlan Thompson.

"Buyers are looking for that sense of confidence, knowing the vision has been carefully thought through not just by us as developers, but by all our consultants appointed to bring this together, and that it will be delivered to the standard they expect."

[smartcode_project:default project_id=108736 project_image_fid=368000]

Cera Stribley Co-Founder and Managing Principal Domenic Cerantonio said the rooftop is designed to feel like a place "you'd genuinely use every day."

"A 25-metre pool framed by city and mountain views, wellness areas, and private dining spaces for evenings with friends create a setting designed for year-round comfort and effortless Brisbane living."

[smartcode_project:default project_id=108736 project_image_fid=367999]

In addition to the 25-metre pool, the rooftop will include a sauna, cold plunge, fully equipped gym, and zen gardens, all complemented by panoramic views of the city and river.

While the building is expected to appeal predominantly to owner-occupiers, Goldfields anticipates interest from investors seeking strong rental returns, driven by the project's design, location, and the city's projected capital growth in the lead-up to the 2032 Brisbane Olympics.

[smartcode_project:default project_id=108736 project_image_fid=367991]

<a href="https://www.apartments.com.au/developments/milton-qld-4064">Milton</a>, widely regarded as one of Brisbane's most desirable inner-ring suburbs due to its lifestyle offering and proximity to the CBD, has experienced a shortage of new apartment supply in recent years.

Goldfields is already active in the Brisbane residential market through its Ripley Valley masterplanned community, Hayfield. The 109-hectare neighbourhood is already home to more than 300 families and features a large community park.

Plans for the precinct include a 4 km running track, future schools, and retail and commercial amenities, all within a 35-minute drive of the Brisbane CBD.

Goldfields also plans to deliver a new mixed-use tower at 88 Robertson Street in Fortitude Valley, within the James Street precinct. The project will include 16,000 sqm of boutique commercial space, a level of wellness facilities, and a rooftop restaurant and event space, akin to Goldfields House in South Yarra, its flagship mixed-use development on Chapel Street, which is crowned by the Beverly Rooftop bar, one of Melbourne’s best-known venues.

[smartcode_project_cta:default project_id=108736]

Goldfields sets the stage as Quartet Milton launches

<a href="https://www.apartments.com.au/developers/stockland">Stockland</a> and Homes NSW have taken the next major step in the transformation of Waterloo Estate, lodging a Concept State Significant Development Application and concurrent rezoning proposal for the renewal of Waterloo South.

The proposal, now on public exhibition, outlines plans for around 3,300 new homes across the 12.3-hectare precinct. A minimum 30 per cent of residential gross floor area will be delivered as social housing, approximately 20 per cent as affordable housing, and a maximum 50 per cent as market housing. The redevelopment would more than quadruple the number of homes currently on the site and more than double the existing supply of social and affordable housing.

The renewal of Waterloo South forms the first stage of the broader Waterloo Estate transformation and is set to unfold over the next 10 to 15 years. The estate currently contains 750 social housing dwellings and 120 private homes.

<img alt="First look: Stockland and Homes NSW unveil plans for 3,300-home Waterloo South renewal" data-entity-type="file" data-entity-uuid="ba2da34b-171b-4ff1-b0c7-4baf0bce97f2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Waterloo%20public.png?VersionId=S5apPKOqjPHJhk_SzCvdVPxsEBYs300o" />

The proposal, prepared by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a> and Beam Planning, spans 10 street blocks bounded by Cope, Raglan, George, Wellington, Gibson, Kellick, Pitt and McEvoy Streets, directly adjoining the Waterloo Metro Station precinct and within walking distance of Redfern and Green Square stations.

Under the masterplan, building heights would range from two to 33 storeys, delivering approximately 282,485 sqm of residential floor space alongside at least 10,000 sqm of non-residential uses and a minimum 5,000 sqm of community space. The planning framework has been specifically structured to support the mixed-tenure outcome, with the residential gross floor area capped at a maximum 50 per cent market housing allocation.&nbsp;

The Urban Design Report describes the vision as creating “a unique and vibrant mixed-tenure housing precinct that supports the needs of the community and delivers much needed housing in response to National and State Government priorities.”&nbsp;

<img alt="First look: Stockland and Homes NSW unveil plans for 3,300-home Waterloo South renewal" data-entity-type="file" data-entity-uuid="6e1a6d8b-0626-4fa7-94fc-aa91c0af86dc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/waterloo%20per.png?VersionId=duyiJTFOeezTNdM22leI3SoHuqnW6ZaY" />

A major focus of the revised proposal has been increasing the social and affordable housing component. The Minns Government increased the affordable and public housing allocation from 35 per cent to 50 per cent after coming to office in 2023.

Minister for Housing and Homelessness Rose Jackson said the changes were critical to maintaining Waterloo’s social diversity.

“When we came to government, we immediately reviewed the plans for the Waterloo renewal and boosted the number of public and affordable homes from 35 to 50 per cent,” Jackson said.

“This was a crucial step to ensure Waterloo remains a welcoming place for people from all walks of life to call home now and into the future.”&nbsp;

Minister for Planning and Public Spaces Paul Scully said the project would reshape the precinct for generations.

“This concept DA brings thousands of new public, affordable and market homes on the doorstep of the Waterloo Metro station another step closer to reality,” Scully said.

“Importantly, alongside the new homes the plan also proposes new open space where residents and the broader community can gather, relax and play.”&nbsp;

<img alt="First look: Stockland and Homes NSW unveil plans for 3,300-home Waterloo South renewal" data-entity-type="file" data-entity-uuid="867520cb-6e07-4204-885e-53793ac88066" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Waterloo%20public%20a.png?VersionId=lgSI85Q23xBLYLC9NcWKuWZY2HfP4zQ3" />

Stockland Managing Director and CEO Tarun Gupta said the project had been shaped around long-term liveability and community infrastructure.

“As delivery partner, Stockland is proud to be working with the NSW Government on the renewal of Waterloo South – a significant project with community at its heart,” Gupta said.&nbsp;

The planning documents place strong emphasis on “Designing with Country,” recognising the site’s location on Gadigal land. The masterplan incorporates new east-west pedestrian links, activated streetscapes, rooftop communal spaces, retail frontages, and landscaped public areas intended to improve permeability and community connection throughout the estate.&nbsp;

The proposal also seeks to establish a more flexible planning framework for future detailed SSDAs, including updated provisions for educational uses, creative industries, rooftop communal areas, and active frontages. A minimum seven per cent of residential floor space will be delivered as affordable housing managed in perpetuity by community housing provider City West Housing.&nbsp;

The Social Impact Assessment prepared by Urbis describes the renewal as one of Australia’s most significant public housing transformations, identifying substantial long-term positive impacts associated with housing supply, accessibility, public domain improvements, and community infrastructure.&nbsp;

Stockland and Homes NSW have already commenced the first stage of resident relocations, with some tenants moved into newly completed homes at Waterloo Metro Quarter and the Boronia development nearby.

First look: Stockland, NSW Gov, unveils plans for 3,300-home Waterloo South renewal

<a href="https://www.apartments.com.au/new-apartments/smith-by-valli-collingwood-224-228-smith-street-collingwood-vic-3066">Smith Collingwood</a> is a new boutique apartment development bringing a refined, design-led approach to one of Melbourne’s most established inner-city neighbourhoods.

Designed by <a href="https://www.apartments.com.au/architects/pandolfini-architects">Pandolfini Architects</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/lisa-buxton-interiors">Lisa Buxton</a>, Smith by Valli sits on iconic Smith Street and comprises just 22 residences tailored toward owner-occupiers seeking a more considered style of apartment living.

[smartcode_project:default project_id=140747 project_image_fid=367540]

The design of Smith focuses on a north-facing orientation across all residences, a relatively uncommon feature in dense inner-Melbourne settings. Each apartment has been planned to maximise natural light and outlook, alongside a material palette defined by warm tones, custom joinery, and a full suite of Gaggenau appliances.

The development comprises a mix of one, two, and three-bedroom apartments, with pricing currently ranging from just under $1 million to around $4.85 million for the premium penthouse-level residences, reflecting growing demand for luxury owner-occupier product in Melbourne’s inner urban market.

Residents will also have access to a private rooftop garden designed as an elevated retreat above the city, &nbsp;featuring curated landscaping, veggie boxes, intimate seating areas and spaces for relaxed gatherings. Sustainability has also been integrated into the project through a 7-star energy rating and two secure bicycle facilities for every residence.

[smartcode_project:default project_id=140747 project_image_fid=367529]

Smith by Valli sits in the heart of one of Melbourne’s most established retail and hospitality strips, within walking distance of venues such as Falco Bakery, Carnation Canteen and Alimentari, alongside parks and everyday services. With a Walk Score of 99, the location reinforces the project’s positioning toward buyers prioritising walkability and access over car dependency.

With only a limited number of residences, Smith reflects growing demand for smaller, highly curated apartment developments that prioritise design quality, liveability, and connection to neighbourhood character.

[smartcode_project_cta:default project_id=140747]

Smith by Valli delivers design-led apartments to Melbourne’s inner north

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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There's a well versed property adage that the greater the supply, the weaker the sales success. But with 640 plus Sydney listings, the past weekend was the second busiest of the year and its preliminary clearance rate was a very commendable 84% success rate.
That’s about 100 short of the biggest super Saturday which was in 2010, according to my recollections of the weekly Australian Property Monitors tally.
Sydney’s inner west was again the most popular region with 100 offerings and then the highest clearance at 89%.
It was a busy weekend in Mosman with 16 listings followed by Randwick with nine offerings. There was mixed success especially at the top end.
The known Mosman sales ranged between $625,000 for a two bedroom unit and a four bedroom house at $1.55 million.
But one of the pricier Mosman homes not to sell was offered by former Network Ten chief executive, Grant Blackley and his wife, Nicole, who are downsizing.
They bought the Medusa Street property in 2005 for $3.35 million when he was running Channel 10 and now after its renovation into a five bedroom house they were seeking $5.5 million plus. The home was actually his predecessor's house, the abode of the then retiring boss of the network, John McAlpine and his wife, Judy.
Over at Randwick the fashionista Lisa Ho 's four bedroom Randwick residence, Silverton was passed in at $2,675,000.
It had $3 million plus hopes prior to its auction through McGrath agent Adrian Bo - and has since been given a $3 million asking price.
It was initially listed for sale in 2011 with hopes of more than $4.5 million.
Lisa Ho bought the freestanding, circa-1884 Italianate residence in 2010 for $4 million directly from interior designer Ros Palmer.
Woollahra had the weekend's highest result when a Luigi Rosselli-designed Woollahra home sold under the auction hammer for $7.13 million - at $130,000 above reserve.
Then the second dearest was a $3.788 million Tennyson Point riverfront 1950s fibro property that sold to a family that spends most of the year in China. It went for almost $500,000 above the reserve with 13 registered bidders.
The weekend's cheapest sale was $150,000 at Auburn. It sold at $65,500 in 2001, and a decade earlier at $64,500.
Elsewhere in Auburn LJ Hooker sold 42 Park Road for $725,000 which was $125,000 over reserve, according to Rocky Bartolotto, the chief  auctioneer at auctionservices.net.au
He also reported 10 Grand Ave, West Ryde was sold at $1,410,000 which was $210,000 over reserve by Green Real Estate and 10 Flagstaff St, Edensor Park was sold at $523,000 which was $125,00 over reserve with 36 registered bidders taken by Raine &amp; Horne Liverpool.
The Saturday Daily Telegraph captured the occurance under the headline -  Sydney properties kill reserves in first fortnight of spring.
The Telegraph’s analysis of  50 sales in the past fortnight revealed more than $61.5 million worth of property changed hands at $6.46 million above the price guide - or an average of $129,200 a property. Maybe these buyers are cashed up. But if not, it would be interesting to sit in on their discussion with their broker or banker, as they surely wouldn't have been as extravagent with their calculations. 
There are plenty of current casualities from buyers in past recent price peaks - especially the early 2010 buyers - who having seriously overpaid are faced with either taking a lower resale price or many more years in the market before they can resell at their entry price.
There are about 560 auctions over each of the next two weekends, leading to a dip on the October long weekend.
My 11 tips for wise auction bidding include:
<img style="float: left;" alt="number-1" height="30" width="20" src="/images/stories/2013/09/17/number-1.jpg">Never sit in the front row or with your back to the crowd. Take a corner position so you can survey all your competition.
<img style="float: left;" alt="number-2" height="30" width="26" src="/images/stories/2013/09/17/number-2.jpg"> Prepare with extensive research and due diligence starting by checking all the recent sales results in the suburb so you gain an accurate market value estimation of your desired property.
<img style="float: left;" alt="number-3" height="30" width="22" src="/images/stories/2013/09/17/number-3.jpg"> It’s wise to research the prior sales history of the house or unit, along with its recent on-the-market history. Its helps to know if it’s been previously marketed or passed in at unsuccessful 2012 or 2013 auction.
<img style="float: left;" alt="number-4" height="30" width="22" src="/images/stories/2013/09/17/number-4.jpg">It’s a good idea to find out what you can about the vendor's circumstances as this could be useful in your approach before or after the auction.
<img style="float: left;" alt="number-5" height="30" width="22" src="/images/stories/2013/09/17/number-5.jpg">Given its most likely been some years since your last, its best you get an idea of how auctions work by attending a few.
<img style="float: left;" alt="number-6" height="30" width="22" src="/images/stories/2013/09/17/number-6.jpg"> Getting your finance ready with lender pre-approval before attending the auction is wise as if you are the successful bidder it will be an unconditional sale with no cooling off.
<img style="float: left;" alt="number-7" height="30" width="22" src="/images/stories/2013/09/17/number-7.jpg">Setting a price limit is wise based not just on calculating what you can afford, but also common sense. Having a slight buffer is also worth considering, but not going in over your head and paying too much in the intensity of the auction.
<img style="float: left;" alt="number-8" height="30" width="22" src="/images/stories/2013/09/17/number-8.jpg"> By the time the auction comes around, you should have the contract checked by your conveyancer or solicitor, along with pest and building inspections.
<img style="float: left;" alt="number-9" height="30" width="22" src="/images/stories/2013/09/17/number-9.jpg">One tactic is not bidding until the reserve is revealed by the auctioneer when the auction is well underway, although its not necessarily going to yield the prize. Bidding after what you sense as being the final vendor bid makes sense as it allows you to be in the box seat to negotiate with the agent. But don't rush into the negotiating room, hover to actually see who else was interested in the offering as they exit.
<img style="float: left;" alt="number-10" height="30" width="53" src="/images/stories/2013/09/17/number-10.jpg"> Never let the listing agent know what is your upper spending limit, so keep your cards close to your chest.
<img style="float: left;" alt="number11" height="30" width="41" src="/images/stories/2013/09/17/number11.jpg">Confident bidding can work, but not bidding bullying. Quick reply bids can keep put pressure on other bidders, but slow bidding can equally yield the result too. It really depends on the specific circumstances of each auction and the bidding tone.
And to try to avoid the pressure a smart pre-auction offers can work by avoiding the looming competition and the owners might just been motivated to sell quickly as they have bought elsewhere and may just well agree to an offer beforehand to minimise their own stress.
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jchancellor-FAypfDUnLy

11 tips to avoid becoming spring auction pushover buyers

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Exclusively provided to Property Observer by RealestateVIEW, the below infographic's results suggest it's a good time to be selling if you're currently holding a house around the $400,000 mark.
Click to enlarge
<a title="Click to enlarge" href="/images/stories/2013/09/16/info-sept-16-big.gif" rel="shadowbox"><img src="/images/stories/2013/09/16/info-sept-16-small.gif"></a>
RealestateVIEW general manager, Petra Sprekos, told Property Observer that the research has found that first home buyers and investors are looking to get back into the market around the $400,000 price point with a preference for houses, providing good opportunities for those looking to sell quickly and at a reasonable price.
"The most signficant thing that came out of this was that interest rate cuts have really had an impact on the market, particularly around first home buyers," said Sprekos.
"We predict the market will continue to strengthen especially as we head into the key buying season."
The positivity being seen in the market is likely to be strong for affordable properties, particularly 10 to 15 kilometres from the GPO where transport links and amenity is strong, she said.
"They want the city lifestyle but they can't afford that, so they look further out."
Despite the clear trend towards houses as a preference, Sprekos did say that it's unlikely new buyers will be picky about getting into the market, and townhouses and apartments are also likely to see a pickup.
"Anecdotal reports from agents we're speaking to is that the market is picking up and the good property is selling quickly. If you have a property you're looking to sell, now is a good time," she said.
Those holding properties in higher yielding areas will also find that investors may be keen to buy in, creating more competition for new buyers and pushing prices up further.
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jduke-EHk3XBmHkn

Good time to sell lower-priced properties

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On Saturday, Right Property Group visited Melbourne's Convention Centre to give an intensive workshop for local investors. Property Observer went along to get some of the highlights.
{yoogallery src=[images/stories/2013/09/16/jenny]}
State of the markets
Tasmania: Not on the radar for either of Right Property Group's directors, Steve Waters and Victor Kumar, due to the distance from the mainland and sketchy growth potential.
Sydney: Still at around 9/10 on the property clock. Getting in months earlier than the masses can have an effect of 10%. Has another two years of capital growth to go. Falling yield a result of rising property prices, rather than a result of falling rents.
Brisbane: On the 'property clock' where Sydney was two years ago and presents some of the best buying opportunities now.
Melbourne: Heading towards the bottom of the clock, but it's still not the right time to buy. To get a sense of the city and the sentiment around property, count the number of cranes in the sky and keep an eye out for this over time.
Hotspots you've missed out on
Mount Druitt: While both Kumar and Waters were bullish on this area for several years, they are no longer buying much stock here.
Hunter Valley/Newcastle: The Hunter Valley was at its peak six months ago.
A quick sign of whether an area is becoming too hot to purchase into is if the real estate agents are becoming slow at returning your calls and are not as willing to negotiate with you. 
Strategy
Investors should look towards new property prices in an area to understand the "new norm" that owner occupiers are willing to pay. If you can buy decent established properties at a much lower price point, there are opportunities here. For instance, in Ambarvale, NSW, house and land packages are selling for $450,000. Established stock on bigger blocks of land can be bought for $370,000.
You must consider reverse-engineering your portfolio. Decide where you want to end up and work the steps backwards.
Loans
Consider fixing soon. If you're looking to re-value your property for refinancing after a renovation the best idea is to have a variable rate, undertake the renovation and then refinance into a fixed loan.
Subscribe to RP Data, and wait for favourable comparables to sell and then appear on the database. This is what many valuers use, and so you want to wait for the records to pop up onto the site.
If you want to read more tips from the day, head to <a target="_blank" href="https://twitter.com/search?src=typd&amp;q=%23propertyobserving">#propertyobserving</a> where we live tweeted the event.
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Insights into investing: Right Property Group

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Eight new projects, to a total of $48.7 million, are being funded by the NSW Government for the investor-favourite Hunter region.
With news in May that <a target="_blank" href="https://www.propertyobserver.com.au/new-south-wales/chinese-winery-investors-return-to-hunter-valley-after-more-than-18-months/2013050260941">Chinese winery buyers are re-emerging in the market</a> and observer<a target="_blank" href="https://www.propertyobserver.com.au/new-south-wales/the-benefits-of-developing-in-the-hunter-valley-jo-chivers/2013090564814"> Jo Chivers recently giving it a lifestyle tick of approval</a> the latest government announcements are another positive for the area.
“These projects, which were nominated by the Hunter community, include the $11 million expansion of the Newcastle Airport and the $7 million expansion of the Neonatal Intensive Care Unit at John Hunter Hospital,” NSW Planning and Infrastructure minister Brad Hazzard said. 
There had also been a recently announced $12.9 million Paediatric Intensive Care Unit announced.
The Hunter Infrastructure &amp; Investment Fund (HIIF) also outlined a $7.3 million construction of a regional football facility, a $9.6 million replacement of the Muswellbrook Sewerage Treatment Plant, a $2 million Maitland Town Hall refurbishment and a $4 million reconstruction of Thomas Mitchell Drive in Muswellbrook.
More than $10 million remains in the fund for further projects. The total NSW Government funding to the region through the HIIF over the last two years totals $338.7 million.
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$48.7 million new projects in Hunter region: NSW Government

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Real estate group Raine &amp; Horne is reporting that the property market is experiencing the best September seen in a number of years, and it may just be a result of infrastructure.
With auction clearance rates averaging 75% around Australia, Raine &amp; Horne CEO Angus Raine said he is surprised at the pick up, but believes it will continue.
“This is surprising as federal election campaigns tend to slow real estate activity,” said Raine.
“However with clearance rates averaging around 75% in our major population centres, and as much as 85% in auction hotspots such as Sydney and Melbourne, we haven’t seen a Spring market like this since the global financial crisis half a decade ago."
The campaign to spend over $20 billion on infrastructure projects should underpin long-term property values, he said.
“I’m particularly heartened by the Federal Coalition’s commitment to improving our roads, and projects such as Queensland’s Bruce Highway, the Westconnex in Sydney and the Perth Gateway will prove a significant boost for long-term housing values".
The Bruce Highway, with $6.7 billion of improvements flagged, is expected to have a significant impact.
“The Bruce Highway impacts many regional centres in Queensland including Cairns, Townsville, Mackay, Rockhampton, Gladstone, Maryborough, Hervey Bay and the Sunshine Coast,” he said.
“Infrastructure improvements that reduce commuting times between – and within – our major population centres will be great news for economic growth, jobs and real estate values.”
This opportunity may be similar to that seen in Sydney's Hills District with the North West Rail Link, said Raine &amp; Horne Bella Vista/Glenwood principal, Emmanuel Fardouly.
“The North West Rail Link is still six years from completion, yet it’s already having an impact, with property values up by 7% since December 2012,” Fardouly said.
“I’d expect growth consistent with this, and potentially more, as we move closer to the opening of the North West Rail Link in 2019.”
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Property market experiencing best September for years

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Sydney's sought after Surry Hills has undergone another shift spreading the need for accommodation into the area south of Foveuax Street, according to CPM Realty.
Pointing to Surry Hills' shift of demographic, Sam Elbanna, founder and managing director, CPM Realty, said that apartments are selling out before construction begins and the area is seeing massive interest. 
"There has been a change in recent years with a culture and demographic shift in the area. The population has changed to a younger demographic, with more than half of the suburb aged between 20 and 35," Elbanna said.
"A good barometer of the change is the type of cars that you see in the area. Where you used to see clunkers and lemons, there are now more residents who are driving BMWs and Mercedes by people working in advertising, banking and medical services. And these professionals now make up around 42% of the Surry Hills population."
However, many investors believe they may have already missed the boat on these areas. Speaking exclusively to Property Observer last week, real estate expert <a href="https://www.propertyobserver.com.au/residential/exclusive-interview-with-property-investment-and-real-estate-expert-john-mcgrath/2013091064914" target="_blank">John McGrath pointed to the suburbs around Surry Hills as being the next purchasing opportunities</a>.
"In Sydney it's areas like Dulwich Hill, St Peters and Tempe that are not the Paddingtons and the Surry Hills, but they're only about four or five kilometres away and they're about 40% less expensive to buy into those areas," McGrath said.
Elbanna said that the new luxury apartment blocks in the area are currently replacing dilapidated terrace houses.
"Developments like Edgeview, The Bedford and one of the latest developments to break ground, East Central, are creating a new identity for the suburb. These stunning apartments are in such high demand that they are selling out before construction begins," he said.
"The area is an archetypical example of the inner-city regeneration and gentrification that is being seen in cities around the world, encompassing socio-economic, cultural and architectural developments. Surry Hills is now one of the premier locations for residential and commercial properties, as the atmosphere changes from run-down to up-and-coming."
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Sydney's Surry Hills undergoing change

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The Peninsula Nelsons Bay Motel &amp; Apartments and the Peninsula Palms Motel in Nelson Bay on the central coast of NSW has sold at auction in one line for $4.046 million.
Strong bidding for the properties, at 52 and 54 Shoal Bay Road, pushed the final sale price $1 million above the reserve. A Sydney motelier was the buyer.
The Peninsula Nelsons Bay Motel &amp; Apartments comprises of a range of family and queen 3.5 and 4 star suites, plus apartments.  The Peninsula Palms Motel is an older 2.5 star property with development or extension potential.
As part of the deal, the vendor - a local family - will continue to run the properties as is.
CBRE Hotel agent Andrew Jackson sold the properties, in conjunction with Ray Larkin of Manenti Quinlan &amp; Associates.
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kjiminez-eaYKfU7qd2

Nelson Bay motels and apartments property complex sells for over $4 million

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Crown Group’s final stage of it’s Top Ryde City Living development, Viva by Crown, had a successful launch day with 100% of initial Sydney released apartments snapped up within the first two hours.
The August 31 launch saw the release of 60 apartments, with 32 apartments released to Sydney buyers, totaling more than $30 million in Sydney sales.
More than 80% of the initial release is now sold, with more than $4 million worth of apartments sold at the launch in China.
Crown Group director of sales and marketing Adam Sparkes says the exceptionally strong sales at launch can be attributed to a combination of the excellent investment opportunity offered and an increasing demand for off-the-plan apartments from trusted developers in Sydney.
“Property investors are becoming increasingly financially-savvy.
“Buyers recognize the rare investment opportunity at Viva by Crown. It is located close to shops and transport with stunning views and five-star resort style facilities,” says Sparkes.
Project sales manager Roy Marcellus says Viva by Crown is perfect for both downsizers and investors.
“Our buyers see the value in investing in a development which is truly unique.
“There is nothing like Viva by Crown in the market,” says Marcellus.
One-bedroom apartments in Viva by Crown start from $495,000 and two-bedroom apartments start from $790,000.
More than 90% of the first four stages of the Top Ryde City Living development are sold.
Top Ryde City Living was named the <a target="_blank" href="https://www.propertyobserver.com.au/developments/crown-s-top-ryde-city-wins-udia-award-for-high-density-living/2013073163729" style="outline-style: none; outline-width: initial; outline-color: initial; text-decoration: underline; color: #6888b1;">best high-density development</a> by UDIA NSW in July and recently took out the <a target="_blank" href="https://www.propertyobserver.com.au/news/crown-s-top-ryde-city-wins-most-sought-after-urban-development-prize/2013091064928?utm_source=po&amp;utm_medium=aida&amp;utm_campaign=news">most sought after urban development award</a> - the Presidents Award.
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ntrotman-Et3xWpamVh

Viva by Crown's Sydney launch a sell out in first two hours

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Dear Margaret,
I am thinking of buying a house as an investment in Eastwood, NSW. Is this the right time? I see many houses in Eastwood for sale at present but the price is moving up so fast. 
Do you have any advice? 
Thank you,
K. C. Wong
 
<hr>
 
 
Dear K.C.,
Eastwood, along with many areas in Sydney at present, is very much the subject of buyer frenzy.  On the weekend we saw a ridiculous result where a property in this suburb sold at $1m over the reserve.
I always marvel at the fact that, when the buying is good (after a GFC, or other times when we have economic uncertainty) no one is brave enough to buy, as the uncertainty creates fear.  Yet, when there is buyer frenzy artificially pushing up prices, everyone wants to rush in before it's too late!  It's the latter scenario which actually carries the most risk.
When buyer frenzy exists, it's very easy for the investor to overlook the important growth drivers.  All they see is an increasing price and they want in on the action.  Often when you strip away the current demand you are left with very little, and this means that, once the attention is removed from the area, prices will stagnate and possibly fall.  If instead you buy in an area which has all of the known growth drivers, and you manage to get in before any kind of major demand begins, you can be sure that the area will show great growth even after the frenzied demand settles down.
Where Eastwood is concerned there is no question that the values are strong and that, under normal circumstances, a buy there would not lose money for you.  However, I caution you to take care at present, as the latest sale prices are far exceeding the intrinsic value of the area.  This means that when Sydney goes off the boil, areas like this will suffer and those who bought as part of the current demand cycle may well find that they either lose value, or sit for a long time with little or no growth.
It might be better to find an area just like Eastwood which is yet to come under too much attention, then you can be sure of maintaining your buy in price, and possibly even increasing it over time and in the future.
Kind regards,
Margaret 
 
<hr>
 Margaret Lomas is a best-selling author and writes and hosts the popular Property Success With Margaret Lomas and heads up the panel on Your Money, Your Call, both on Sky News. 
She is the founder of <a href="https://destiny.com.au/dotnetnuke/en-au/home.aspx" target="_blank" rel="nofollow">Destiny</a>.
Have a property question? <a href="mailto:askmargaret@propertyobserver.com.au" target="_blank">Ask Margaret!</a>
 
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mlomas-KC9MUPZ6Ca

Is it the right time to jump in to one of Sydney's hotspots? Ask Margaret

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While buying in Sydney is strong at the moment, one property-specialist accountant has expressed fears that this could lead to property investors buying at the height of the cycle.
Principal of Keshab Chartered Accountants, Munzurul Khan, told Property Observer that it appears the market is very strong at the moment and a lot of people are purchasing but that this may not be the best sign for prospective buyers looking to get in.
"This is where one needs to be careful so that we do not purchase on the top of the market," Khan said.
"I suppose the question is how do we know that we are at the top of the market. I have seen the cycle before couple of times and I do fear that, perhaps, we are not very far in NSW."
He also pointed to interest rates as a concern.  
"One also has to consider that the interest rates will sooner or later increase and the repayment calculations must be done with a bit of higher interest rates, than the current rates," he said.
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