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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Anka Property Group's launch of its <a href="https://www.propertyobserver.com.au/developments/anka-unveils-%24200-million-development-union-balmain/2013040260079/Page-1" target="_blank">Union Balmain</a> development has secured an immediate 60% sales success.
Of the 202 apartments, 124 sold, with the majority of buyers being owner-occupiers.
Members of the public were lining up at 8am outside the display suite but the launch did not kick off until midday.
<a target="_blank" href="https://www.propertyobserver.com.au/developments/anka-unveils-%24200-million-development-union-balmain/2013040260079">The $200 million residential development</a> is located in the Sydney suburb of <a href="/news">Rozelle</a>. 
Anka's principals Vera and Alex Boyarsky established the firm in 1968 and since then its projects in Australia and overseas have included the 18-storey Chelsea Apartments in Sydney, the Seaview in <a target="_blank" href="/news">Mooloolaba</a>, and Paradise Grove and the Mayfair in Western Australia.
Internationally Anka has also developed retail centres in Seattle and even a resort in Fiji.
One-bedroom apartments range in size from 58 square metres to 113 square metres with a starting price of $625,000.
Two-bedroom apartments range in size from 86 square metres to 147 square metres priced from $860,000.
Three-bedroom apartments range in size from 115 to 249 square metres. They range in price from $1,095,000 to $2 million.
The three-building, six-storey complex will feature a residents-only rooftop park with a communal vegetable garden and BBQ areas.
It has an expected completion date of early 2015.
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Anka's Union Balmain sells 60% of apartments at launch

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Vacancy rates in the twin border towns of Albury and Wodonga increased from 1.5% in February to 1.9% in March, according to the REINSW and the REIV.
In January the vacancy rate for the two towns was 3.4%, before tightening in February and then easing slightly in March.
The two real estate institutes are co-operating to produce the figure, which they started reporting last month.
According to RP Data, the median rent in <a href="/news">Albury</a>, $318 per week, is higher than in <a href="/news">Wodonga</a>, which has a median rent of $275. And median house prices in Albury, $388,500, are much higher than in Wodonga, which has a median house price of  $250,000.
In Albury a four-bedroom home on 934 square metres at <a href="https://www.realestate.com.au/property-house-nsw-albury-112890963" target="_blank">801 Delany Street</a> (pictured below) is listed for sale at $345,000. It last traded for $334,000 in 2004, according to RP Data.
<img src="/images/stories/2013/04/alburywodongaaprill11one.jpg" width="470" height="293" alt="alburywodongaaprill11one">
And a three-bedroom home on 976 square metres at <a href="https://www.realestate.com.au/property-house-nsw-albury-113206267">15 Klinberg Court</a> is listed for sale at $398,000. In 2006 it was on the market for $397,000 and in 2005 at $453,000 according to RP Data.
A three-bedroom home on 651 square metres at <a href="https://www.realestate.com.au/property-house-nsw-albury-111311403">985 Bralgon Street</a> is listed at $150,000. It currently rents at $180 per week.
And a three-bedroom home on 625 square metres at <a href="https://www.realestate.com.au/property-house-nsw-albury-113127783">25 Kurrajong Crescent</a> was listed at $259,000. It currently rents at $330 per week.
 
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In Wodonga a four-bedroom home on 757 square metres at <a href="https://www.realestate.com.au/property-house-vic-wodonga-113215603">10 Inverness Street</a> is listed for sale at $275,000. In 2011 it was listed for sale at $300,000, according to RP Data.
A four-bedroom home on 701 square metres at <a href="https://www.realestate.com.au/property-house-vic-wodonga-113406167">385 Lawrence Street</a> is listed for sale at $250,000. In 2007 it was on the market for $214,000.
A two-bedroom house on 370 square metres at <a href="https://www.realestate.com.au/property-house-vic-wodonga-113479679">4/12 Emery Court</a> is listed for sale at $209,000. It currently rents for $235 per week.
A three-bedroom house at <a href="https://www.realestate.com.au/property-house-vic-wodonga-113330415">2 Clarendon Avenue</a> (pictured below) is listed for sale at $349,000. It is marketed as having a potential rent of $380 per week.
<img src="/images/stories/2013/04/alburywodongaapril11two.jpg" width="470" height="305" alt="alburywodongaapril11two">
Agent Georgette Nehme says there are solid returns to be had in Albury. She has a number of properties listed with rental returns with rental yields above 6.5%.
Her head of rental James Veneris says the rental market is tighter than it is sluggish.
“Around here you’d find supply tends to equal demand. If anything, demand is a little bit higher. My guess for an average vacancy rate in the town would around 2%,” Veneris says.
Nehme’s firm deals just in properties on the NSW side of the border.
In Wodonga, agent Jamie Maynard from First National says the published vacancy rate sounds about right for the town.
“It would be pretty comparable with us at the moment. We’ve got about 250 rental properties with about 8 available,” Maynard says.
He says most properties give rental yields of 5.5% to 6%, which is bringing in out-of-town investors.
“The majority of sales are from the local market but investor market has jumped considerable due to interest rates being so low and the yield being so terrific.”
He says there are many short-term industry and government workers in the area looking to rent and increasingly people are working in Albury but living in Wodonga.
Prices are lower in Wodonga because there is more vacant land, Maynard says.
There were 6,377 rental homes managed by real estate agents in Albury City and the City of Wodonga in 2011, according the 2011 census. They represented 20% of all homes in the region.
Wodonga, Victoria, accounted for 40% of the rental homes and Albury, NSW, accounted for 60%.
“It is interesting to note the region has a very high proportion of rental homes – 17% – managed by a government housing authority,” REINSW chief executive Tim McKibbin said in March.
The 2011 census found the median weekly household income in Albury, $1,120, was higher than Wodonga, $931.
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Twin border towns Albury and Wodonga get combined residential rental vacancy index

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The first two apartment buildings of the Barangaroo development on Sydney’s CBD waterfront have attracted strong preliminary registration interest since the planning applications were submitted in November last year by Lend Lease.
By the time the apartments go on sale later this year, Lend Lease have estimated a 10,000 plus enquiry pool.
Lend Lease has appointed CBRE as the lead selling agent for the residential community which is dubbed the most significant Sydney CBD waterfront residential offerings since the release of apartments at Circular Quay and Woolloomooloo in the 1990s.
"The level of enquiry is above anything we have seen in the last 20 years for new apartments on the harbour from East Circular Quay to Walsh Bay," CBRE’s chairman of residential projects Justin Brown told The Financial Review.
Property Observer first <a target="_blank" href="https://www.propertyobserver.com.au/developments/every-apartments-has-harbour-views-as-lend-lease-unveils-two-barangaroo-apartment-blocks/2012112057997">reported</a> on the two apartment buildings in November.
The two apartment buildings will range in height from seven to 11 storeys and comprise of 159 apartments of one-, two- and three-bedroom apartments.
<img height="339" width="470" src="/images/stories/2013/04/barangarooapril10one.jpg" alt="barangarooapril10one">
The 47 one-bedroom apartments will range from about $1 million and the 100 two-bedroom units will be priced from $2 million.
Also on offer will be 11 dual-level luxury loft apartments and one double floor penthouse.
The apartments are the work of Richard Francis-Jones of FJMT and Andrew Andersons of PTW.
<img height="345" width="470" src="/images/stories/2013/04/barangarooapril10two.jpg" alt="barangarooapril10two">
The 10-storey building designed by Francis-Jones includes a striking cloud-shaped design for the apartments and balconies at the north of the 82-apartment building overlooking the new public square and harbour cove.
The 77-apartment, eight-storey building designed by Andrew Andersons includes substantial rooftop gardens and green plantings.
Brown says the Baranagaroo develop is Sydney’s last significant CBD waterfront residential offering.
“These contemporary-designed apartments offer the quintessential Sydney Harbour living experience,” says Wilson.
The apartments are scheduled for release later this year and have an expected completion date of mid-2015.
Interested parties can <a target="_blank" href="https://www.barangaroosouthresidential.com/">register their interest at the Barangaroo website</a>.
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Strong off-the-plan interest for Lend Lease's Barangaroo residential hub

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Savills Research has reported the March quarter showed little change in the average resale price of luxury apartments in Sydney when compared to the same time last year.
Click to enlarge
<a rel="shadowbox" href="/images/stories/2013/04/savillsluxuryresidentialunitsapril9.jpg" title="Click to enlarge"><img src="/images/stories/2013/04/savillsluxuryresidentialunitsapril9thumb.jpg"></a>
In March 2012, one-bedroom apartments hovered around the $1 million mark, and the latest figure (above right) show it as $1.06 million.
The two-bedroom apartments were at a similar level to their current $1.78 million price point.
Three-bedroom apartments have shown little price movement over the past 12 months and currently sit at an average of $3.58 million, but higher in March 2011 (see below).
Click to enlarge
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Little yearly change in Sydney luxury residential units resale prices: Savills

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A 1950s three-bedroom house in the popular retirement and lifestyle NSW town of Toukley was last weekend’s cheapest sale, fetching $184,000 at auction, according to Australian Property Monitors (APM).
Located at 306 Main Road, the property sold at mortgagee auction through George Brand Real Estate – Toukley. 
Property Observer reported in <a href="/news">February</a> that Central Coast Sydney was ranked the sixth-worst performing region in Australia by value, with a delinquency rate of 1.81%.
Although last <a href="https://www.propertyobserver.com.au/new-south-wales/mortgagee-sales-decline-36-on-nsw-central-coast-property-market-consolidates-ahead-of-brighter-2013/2012121658512">December</a> it was reported that instructions to provide mortgagee valuations in Toukley were down by 36% over 2012, according to property valuation and advisory group Herron Todd White.
The sold cottage sits on a 632 square metre block with large backyard, reflecting dual occupancy income potential.
Set close to a supermarket and the beach, Matt Rogers suggested the property allowed for new owners to “build in their own equity”.
The house last sold for $105,000 in 2007 according to RP Data records, reflecting a price appreciation of $15,800 per year over the last five years.
There were about four bidders present, and it appeared the successful bidder was an investor.
The price reflected a likely rental yield of 5.93%, slightly above the average rental yield in Toukley, which currently stands at 5.3%.
It was advertised has having a potential rent return of $200 to $220 per week.
RP Data records show the property was listed for rent at $195 a week in late 2007. In 2011, the rental asking price was given at $250 a week.
Toukley lies approximately 107km north of Sydney. According to the latest RP Data report, the median sales price of houses in the area is $295,000, an increase of 6.5% from last year.
Property agents in the area say that the market in Toukley has been “exceptional”.
“We’re finding a lot of buyer enquiries, properties are selling quickly, and prices are moving in the right direction,” Benjamin Hamilton at the Wiseberry Heritage agency told Property Observer.
The average discount required to sell a house in Toukley is 10.4%, while average days on market stand at 91 days.
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Mortgagee sales continue on NSW Central Coast with Toukley providing the weekend's cheapest sale

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UrbanGrowth NSW, replacing both Landcom and the Sydney Metropolitan Development Authority, has the mandate to enable housing market growth by acting as the “development champion”.
It will do this via private sector investment by coordinating and delivering lead-in infrastructure and fast-tracking urban renewal projects.
Speaking at UrbanGrowth's recent conference in Penrith, UrbanGrowth chairman John Brogden stressed the need “… to deliver [for Sydney] the estimated half a million new homes needed over the next 20 years in an affordable and achievable way”.
No small task to achieve an average of 25,000 dwellings annually when the current 5-year average completion level is at 17,290 dwellings.
Click to enlarge
<a title="Click to enlarge" href="/images/stories/2013/04/bregozzoapril8one.gif" rel="shadowbox"><img src="/images/stories/2013/04/bregozzoapril8onethumb.gif"></a>
A variety of stars need to align before Sydney returns to these levels — accelerating the approval process so as to reduce holding costs (e.g. cutting red and green tape), tackling the local affordability issue for differing market segments, and providing trunk infrastructure cost effectively or, better still, working out a way of doing so which doesn’t destroy project feasibilities.
Perhaps, to consistently produce housing at such volumes, it will require a fundamental change to our current housing delivery model — future-proofing it against GFC-style shocks — removing developer and transactional imposts, reducing the number of LGAs, re-weighting the community’s participation in the approval process so future generations aren’t denied their human right to shelter, and revisiting the government’s role in the land acquisition process.
The conference, which set out to tackle housing affordability and supply in NSW, also included a tour of UrbanGrowth’s 1,100-lot master-planned community, <a href="https://www.landcom.com.au/for-home-buyers/thornton-penrith.aspx" target="_blank">Thornton in Penrith</a>, as an example of small lot housing.
The site is located immediately north of <a href="/news">Penrith</a> station with lots falling within the 150m2 to 350m2 range and include a variety of housing types including terraces, detached cottages, and “Fonzie flats” — small studios built atop of garages — providing a variety of pricing entry points.
Reducing the land component of the developed product results not only in more dwellings within the estate but a (generally) lower price as well.
An interesting exercise would be to see the future capital appreciation of these dwellings compared to estates with larger lot sizes — since it is the land that appreciates over time, while the building/improvements depreciate.
Achieving smaller lot sizes required the cooperation and coordination of builders, council, and utilities providers all of whom needed to share in the project’s vision.
Michael Brooks, the keynote speaker and former CEO of REALpac, outlined how Sydney can apply Toronto’s lessons for fast-tracking the housing industry to accommodate a growing population.
High density clustered around transport nodes is an integral element — surprisingly, society hasn’t disintegrated as a result.
 
<hr class="system-pagebreak">
The Ontario Municipal Board, acting as an “independent and final arbiter of land use [where] decisions are vested in good planning principles” played an integral role in progressing the ability of Toronto to compete against other cities in the Americas.
Being staffed by “development experts” such as planners, architects, ex-mayors, and so forth has the benefit of “informed impartiality” — less political, more objectivity and generally disliked by both developers and the public … “usually a healthy indicator that something is working”.
Similarly, appeals to the board need a legitimate basis in planning and be in the community interest — all costs associated with vexatious/frivolous claims are charged to the claimant.
A recent decision by the board saw a mixed-use (street level retail, commercial, residential) high-rise project for Toronto’s city centre approved with zero parking spaces … now that’s food for thought!
Click to enlarge
<a title="Click to enlarge" href="/images/stories/2013/04/bregozzoapril8two.gif" rel="shadowbox"><img src="/images/stories/2013/04/bregozzoapril8twothumb.gif"></a>
Returning to the completion levels of two decades ago is in essence a matching problem — matching the specific housing need with the feasibility of locational supply.
Living to the geographic margins of Sydney should not mean being marginalised.
This has nothing to do with the “us and them” tribal snobbery — Sydney’s west vs the east, north, and south… and the Shire.
Instead, the question is why some 200,000 people spend more than an hour (ideally) each day commuting by rail from their homes in west to jobs in the east.
How has the city (d)evolved such that the majority of residents are disenfranchised from the opportunities afforded to those in the east?
Click to enlarge
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Source: ABS, BIS Shrapnel
We have investigated locational mobility (given for the Penrith LGA) by examining the 2011 census data for the previous address up to five years prior.
The results indicate that the majority of relocations generally occur within an LGA and over short distances between LGAs.
The logic underpinning the observed spatial immobility resides in the social networks people form as their tenure in a given location increases.
 
<hr class="system-pagebreak">
Life-specific issues — children’s schools, employment or means of getting there, distances from the parental home, etc. — tend to reinforce this.
Equally, time strengthens such “ties to place”, increasing the need (or demand) to reside within a specific area, or close enough to it — a significant issue for developers as this is effectively rational of purchasers within a project’s catchment area.
For this reason, the outer fringe areas will develop incrementally. Further, the costs associated with moving — the largest of which is stamp duty — also act as a disincentive to relocate.
Future development needs to be strategically located within the immediate catchment of existing infrastructures, especially transport, so that the city can function.
If Sydney is to expand further outwards — vs upwards — a significant investment in the rail network and a re-weighting of commercial activities to the fledgling CBDs of Parramatta, Penrith and Liverpool must happen — and probably upfront if housing market dynamics are to support the construction of new dwellings to the city’s fringe locations.
Put simply, almost two decades of under-investment in transport and social infrastructure coupled with a mentality that concentrates opportunity to the harbour have ratcheted fringe land pricing to a point that is largely unaffordable for new housing purchasers in those catchments and in comparison to the existing stock in those locations.
And this is most evident to the southwest of Sydney.
Martin Bregozzo is a property economist with <a style="font-size: 14px;" href="https://www.bis.com.au/" rel="nofollow" target="_blank">BIS Shrapnel.</a>
 
 
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Addressing infrastructure issues is key to Sydney's future development

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Actress and dressmaker Susan Hannaford paid $717,500 three decades ago for her house at Forty Baskets Beach.
It was sold by her financiers for $3.15 million on the weekend.
The <a target="_blank" href="/news">Forty Baskets Beach</a> property was bought when she was affectionately known as Kitty in the television series The Sullivans.
<img src="/images/stories/2013/04/hannafordapril9one.jpg" width="400" height="645" alt="hannafordapril9one">
Mark Novak at the Novak Agency marketed the house at <a target="_blank" href="https://www.realestate.com.au/property-house-nsw-balgowlah+heights-113211879">30A Beatty Street, Balgowlah Heights</a> as "still dressed in its 1970's attire."
Dramatically set over two levels with extensive harbour views, it has a very 1970s sunken lounge area.
It has five bedrooms plus two more in the teenagers' retreat located on the bottom level of the property.
<a target="_blank" href="https://www.propertyobserver.com.au/new-south-wales/actress-susan-hannaford-lists-her-balgowlah-beach-property/2013032560011">The agency declined to comment last month at all on the listing after a query from Title Tattle</a>, but  <a target="_blank" href="https://aca.ninemsn.com.au/article/8637083/hannaford-mystery">A Current Affair </a>later reported it was selling under Commonwealth Bank instructions.
The prominent Sydney estate agents Robert and Leonie Klaric who recently established an independent property advisory service were among those who took contracts for the listing on behalf of an undisclosed client.
Title Tattle recalls the house had been on and off the market since 1991.
"It didn't matter which decade we were in it was always a couple million worth more ...when it was worth $1 million she wanted $3 million, if it was $2 million she wanted $5 million, if it was $3 million she wanted $6 million," Klaric told ACA.
"It was just the way she did her maths," he said.
<a target="_blank" href="https://celestinadeandrea.wix.com/susan-hannaford#!biography">Hannaford maintains an interesting website</a>.
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Actress Susan Hannaford's Balgowlah Heights harbourfront fetches $3.15 million 

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The former Bellevue Hill matrimonial home of the late transport tycoon Sir Peter Abeles has been listed with $11 million-plus hopes.
The listing presents a rare opportunity as it last sold 45 years ago.
Sundorne, the six-bedroom Victoria Road mansion was home to Sir Peter and his first wife, the arts patron and founder of the Sydney International Piano Competition, Claire Dan during the period when Sir Peter was cementing his place in Australia’s corporate life.
The two-storey English Manor-style interiors are still filled with the furniture and fittings installed by Peter and Claire (pictured below).
<img height="600" width="400" src="/images/stories/2013/04/abeles5.jpg" alt="abeles5">
One can almost image Sir Peter playing poker with his regular guests who included the Premier, Sir Robert Askin.
The inspectees can even spot a lamp stand fashioned in the likeness of former ACTU boss and Prime Minister Bob Hawke that stands close to the large leather writing desk in the library that overlooks the water.
Sir Peter bought Sundorne from the well-connected establishment Simpson lawyer family in 1958 through his company P.A. Holdings Pty Ltd for about £60,000.
 
<hr class="system-pagebreak">
<img height="348" width="470" src="/images/stories/2013/04/abeles1two.jpg" alt="abeles1two">
The couple had emigrated from Hungary in 1949 with little money in the post-war exodus from Europe.
The couple divorced a decade after purchasing Sundorne with Ms Dan retaining a life tenancy of the home set along the property’s very long and very private tree-lined drive. Title Tattle recalls Ms Dan divorced Peter in 1968 after learning that his frequent absences from the marital home were because he was living with the then Katalin Frank, also known as Fischer, at the Wentworth Hotel. Sir Peter was knighted in 1972.
<img height="352" width="470" src="/images/stories/2013/04/abeles3two.jpg" alt="abeles3two">
The 2550sq m site has a full-size flood-lit tennis court and in-ground pool with district and harbour views reaching from the city skyline and bridge to Manly in the north. After a long battle with cancer Sir Peter, who relocated to Vaucluse in 1970 paying $450,000 for Villa Igiea, died in June 1999 aged 75. As Sir Peter lay unconscious just hours before his death, Bob Hawke paid a visit to the Vaucluse home to bid his friend of 30 years a final farewell.
Ms Dan passed away last October.
<img height="630" width="470" src="/images/stories/2013/04/abeles2two.jpg" alt="abeles2two">
Sundorne, at 23 Victoria Road, Bellevue Hill, will be auctioned Wednesday May 22 through Daniel Baran and Reece Coleman at BHR Estate Agents in conjunction with Sydney Sotheby's International agents Michael Pallier and Matt Ratcliffe.
The contents of the home including furniture and exceptional items from Claire Dan’s couture wardrobe will be auctioned by Andrew Shapiro of Shapiro Auctions on Sunday June 23.
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Transport tycoon Sir Peter Abeles' matrimonial timewarp listing in Bellevue Hill

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A Chinese group spent $19.8 million last week on a York Street office building in the Sydney CBD being sold by pub king Christopher Cheung.
The Beijing-based group could be primed to build a hotel or a residential building on the site. The buyers reportedly undertook little due diligence on the building before purchasing, suggesting a plan to knock down and rebuild.  
The 628 square metre property, at 32 York Street, was listed by Cheung late last year with $20 million-plus hopes.
The <a target="_blank" href="/news">CBD</a> property was marketed by Savills Australia agent Benjamin Azar with the potential for redevelopment into a hotel or residential scheme.
Owners of the nearby Grace Hotel reportedly had eyes on the site before the Chinese group came in, according to The Australian Financial Review.
The 1964-built building sits next to Sydney’s most iconic and well-known commercial office and retail strips, just south of King Street.
There are 763 square metres of retail space on the lower and upper ground floors and 4,111 square metres of office space on the nine upper levels.
The total gross income for the property sits at $1.47 million, with $920,675 coming from office rents, with another $476,961 coming from retail rents.
Cheung, the owner of Cheung Properties, currently owns and operates four businesses – The Bourbon in <a href="/news">Potts Point</a> (which he bought in 2010 with a revamped opening last month), The Coogee Bay Hotel in <a href="/news">Coogee</a> (which he plans to transform into a $150 million retail and entertainment hub), Cruise Bar in West Circular Quay and Key Largo Bar &amp; Bistro in <a href="/news">Rushcutters Bay</a>.
Property Observer previously noted <a href="https://www.propertyobserver.com.au/office/pub-king-christopher-cheung-lists-york-street-sydney-cbd-office-building-with-%2420-million-plus-hopes/2012100256839/Page-1">Cheung was selling the property to focus on his pub portfolio.</a>
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Chinese group buys Christopher Cheung's York Street office building in Sydney

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The Chenchow Little-designed house in Palm Beach is seeking $2.85 million after being passed in at its late February auction. 
Located on Bynya Road, the property – which has been featured in Belle Magazine and House Magazine – received a bid in the mid-$2 million range but the bid was rejected.
Property Observer <a href="https://www.propertyobserver.com.au/new-south-wales/chenchow-little-designed-hill-house-palm-beach-listed/2012083056320" target="_blank">reported</a> on its first listing in August last year.
Architecturally designed, The Hill House boasts clean double-brick and steel beam construction and travertine floors.
It features a double-height reception room and a living/dining room with floor-to-ceiling glass windows.
The four bedrooms each come with their own ensuites and a private courtyard.
Outside includes a covered terrace and a large freestanding swimming pool.
The <a target="_blank" href="/news">Palm Beach</a> property is surrounded by native shrubbery that has been designed by Spirit Level Design.
The current owners purchased the 715-square-metre vacant block in early 2009 for $950,000 through LJ Hooker Mona Vale agent Josephine Cowling.
The vendors are selling to relocate overseas for work commitments.
The Hill House has been <a href="https://www.realestate.com.au/property-house-nsw-palm+beach-112759343" target="_blank">listed</a> through Peter Robinson of LJ Hooker Palm Beach.
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