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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The battle for the DIY renovator market has continued with Woolworths securing a site at the Sydney Business Park in Sydney's north-west for a new Masters Home Improvement store.
<a target="_blank" href="/companies/woolworths">Woolworths</a> will go head-to-head with arch-rival Coles, which has also secured a site in the business park for a Bunnings DIY store.
IKEA will also build a new store in the business park.
Sydney Business Park is a new master planned 256-hectare commercial precinct located in <a target="_blank" href="/news">Marsden Park</a>.
The Masters store will be build as part of the first stage of the development with a 34,923-square-metre site currently under contract to Woolworths.
It will include 13,000 square metres of floor space and stock more than 40,000 products.
“Masters Home Improvement is a fantastic new addition to the range of retailers which will make up one of Sydney’s largest bulky goods retail centres with over 90 square metres of bulky goods floor space,” says Sydney Business Park’s Development Director, Owen Walsh.
“The $102 million upgrade to Richmond Road is progressing quickly with the main entry intersection opening expected to coincide with the completion of the M2 widening works.”
“These upgrades will enhance Sydney Business Park’s access to an even wider catchment of customers and staff,” says Walsh.
Sydney Business Park’s sales and leasing director Matt Foldes says enquiry from purchases and tenants has been strong.
Construction of the Masters store  is expected to start in late 2013, with the store planned to open in late 2014.
Sydney Business Park will have an end value of approximately $2 billion and will take approximately 12 years to complete.
Masters Home Improvement is a joint venture between Woolworths Limited and Lowes Companies Inc.
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DIY battle heats up with Woolworths to build Masters store in Marsden Park

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An architecturally designed Australian colonial homestead property in <a target="_blank" href="/news">Duffys Forest</a> has sold for an undisclosed price.
RP Data records show it took just 39 days to sell.
Located 28 kilometres from the Sydney CBD, the 2-hectare lot boasts an 800-square-metre home with a wide timber posted verandah that wraps around the cement façade.
Featuring five bedrooms and four bathrooms, <a target="_blank" href="https://www.realestate.com.au/property-acreage+semi+rural-nsw-duffys+forest-113176223">Claremont</a> was sold through Shayne Hutton from Ray White Terrey Hills.
Another Duffy Forest trophy estate, Jabulisa, businessman <a href="/news">Simon Tripp's impressive 6.9-hectare Sydney northern beaches acreage</a>,  is listed for sale with expectations around $20 million.
<a href="https://www.propertyobserver.com.au/new-south-wales/john-mcgrath-sells-duffys-forest-weekender-at-a-loss/2012050254515">Last year estate agent John McGrath</a> sold his seven-bedroom Duffys Forest retreat for about $4.05 million.
The homestead features spotted gum flooring and high rosette ceilings.
It also includes a library with an open fireplace, a home theatre with grandstand cinema seating, a games room and a gymnasium.
The main outdoor patio features a wet bar and an open fireplace.
Also located on the property is a championship-size tennis court, a heated pool and equine facilitates.
Included are eight paddocks, six stables, a feed room, tack room and a sand arena.
Hidden from the main residence is a two-bedroom guest retreat with two living spaces, kitchen and bathroom and a private pool.
Hutton declined to comment on the sale.
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Sydney northern beaches equestrian property Claremont sells at a gallop

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The Killarney Castle located in the Sydney North Shore suburb of Gordon has sold for less than its $3 million price expectations.
The property was built for Irishman Thomas Taylor circa 1918 and is designed to reflect an <a href="https://www.propertyobserver.com.au/overseas/irish-house-prices-rise-for-first-quarter-in-six-years-as-imf-gets-residential-property-price-transparency/2012100756898" target="_blank">Irish</a> castle.
It was constructed from hand-cut sandstone and boasts wide floorboards and high ceilings.
Comprising five bedrooms – including a loft – and three bathrooms, the home has been restored to as-new condition.
The home boasts a pool, workshop, gym, and castle turret and includes a bridge to the second level, giving the impression of a moat.
A 70-square-metre entertainment room is detached from the main home and includes a wall projection TV, wet bar and a full-sized billiards area.
The district air raid shelter still exists below the castle.
The vendors had owned the <a href="/news">Gordon</a> property for 12 years, after purchasing it in 2000 for $1.53 million.
They have since done extensive renovations.
<a target="_blank" href="https://www.realestate.com.au/property-house-nsw-gordon-112485127">Killarney Castle</a> was sold by the Australian Mutual Provident Society in May 1939 to Alexander Reid Cant after Taylor became bankrupt.
It then moved into the hands of Agnes Christiansen in 1940, and sold again in 1944 to the Gastineau-Hills family who lived in the home for 25 years.
In 1969, the land was subdivided and the Ku-ring-gai council purchased the rear portion of the property and kept it as a natural bush reserve.
Sam Johnston from Burns and Burns Real Estate Pymble secured the sale.
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Gordon's Irish-inspired Killarney Castle sells

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A stately, beautifully restored five-bedroom property in Chelmer, Brisbane was the top selling property over the past weekend, according to RP Data.
Built in 1893, the house at <a href="https://www.realestate.com.au/property-house-qld-chelmer-113164031" target="_parent">11 Lama Street </a>is one of Chelmer's oldest.
It sold for $3.06 million having previously sold for $600,000 in 2002.
It has been fully restored and remastered and in the words of selling agent James Curtain from Place Estate Agents Bulimba "now stand as an inspiring piece of real estate that effortlessly combines old world character and modern convenience".
Five of the bedrooms are en suite with bathrooms featuring Calcutta Italian marble and French Limestone flooring.
It has two gas fireplaces, a temperature controlled wine cellar and 50,000 litres of concrete underground tanks.
The 10 most expensive sales over the March 26 - 28 weekend were:
 
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/11_lama_street_chelmer_qld_4068/3853051">11 Lama Street, Chelmer, QLD, 4068</a>, five-bedroom house, sold at auction on March 27 by Place Estate Agents Bulimba for $3.06 million 
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/71_bay_street_mosman_nsw_2088/4477146">71 Bay Street, Mosman, NSW, 2088</a>, four-bedroom house, sold prior to auction on March 28 by Mcgrath Estate Agents for $2.28 million 
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/45_cowper_street_randwick_nsw_2031/5748302">45 Cowper Street, Randwick, NSW, 2031</a>, five-bedroom house, sold prior to auction on March 27 by Goodyerdonnelley Woollahra for $2.225 million 
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/16_avoca_street_randwick_nsw_2031/5737919">16 Avoca Street, Randwick, NSW, 2031</a>, seven-bedroom house, sold at auction on March 26 by N G Farah Kingsford for $1.67 million 
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/42_cecil_street_paddington_nsw_2021/5263526">42 Cecil Street, Paddington, NSW, 2021</a>, three-bedroom house, sold prior to auction on March 26 by Di Jones Woollahra for $1.44 million 
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/70_livingstone_avenue_pymble_nsw_2073/5642219">70 Livingstone Avenue, Pymble, NSW, 2073</a>, five-bedroom house, sold on March 26 by Century 21 Cordeau Marshall for $1.42 million 
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/111_oberon_street_randwick_nsw_2031/5759092">111 Oberon Street, Randwick, NSW, 2031</a>, three-bedroom house, sold at auction on March 27 by Coogee First National for $1.415 million 
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/5_admiralty_drive_alexandra_headland_qld_4572/2506636">5 Admiralty Drive, Alexandra Headland, QLD, 4572</a>, five-bedroom house, sold at auction on March 30 by Century 21 On Duporth for $1.4 million 
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/19_manchester_street_hawthorn_vic_3122/11192727">19 Manchester Street, Hawthorn, VIC, 3122</a>, three-bedroom house, sold at auction on March 27 by Jellis Craig Boroondara for $1.339 million 
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/9_warrington_avenue_epping_nsw_2121/2265938">9 Warrington Avenue, Epping, NSW, 2121</a>, three-bedroom house, sold at auction on March 30 by Mcgrath Epping for $1.295 million
Source: RP Data  
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Restored Brisbane beauty in Chelmer tops RP Data top ten sales

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Stephen Ell, the former Serco chief executive, is selling his Milsons Point sub-penthouse.
It's in The Point on the seventh floor of the 2010 Alfred Street block.
There are <a target="_blank" href="https://www.echelon-estates.com/775510/#!prettyPhoto">views of the Sydney Harbour Bridge that cannot be built out</a> from the three-bedroom and three-bathroom apartment.
The Point was designed by architect Andrew Cortese.
Its listing agent Marshall Mullen of global group Echelon Estates says the apartment is pet-friendly with a winter garden space within the apartment.
Expressions of interest close in late April with $4?million-plus expectations.
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Milsons Point penthouse with Sydney Harbour views seeks $4m-plus

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Plans for the $2.5 billion redevelopment of Darling Harbour have been unveiled by the NSW state government.
Plans lodged reveal a vast network of public spaces including a convention centre, a grass-covered exhibition centre and a theatre. The project will also include new public gardens, 1,400 apartments, a 2,000-person ballroom and a new 680-metre tree-lined boulevard.
The Darling Harbour Sydney International Convention Exhibition and Entertainment precinct is now open for public exhibition by the NSW Planning and Infrastructure department’s major projects division.
Eventually the project, being built by <a target="_blank" href="/companies/lend-lease">Lend Lease</a>, will include an 900-room international hotel but plans have yet to be lodged.
The 33-metre-high terraced convention centre (pictured below) will provide 40,000 square metres of exhibition space and a 5,000-square-metre outdoor deck.
<img alt="darlingmarch27one" height="226" width="470" src="/images/stories/2013/03/darlingmarch27one.jpg">
Lend Lease describes the project as a “distinctly Sydney experience”, with architect Ken Maher from Hassell enhancing Sydney’s public spaces through water engagement, green spaces, children’s playground and activities, pedestrian connections and cycle networks.
Chief Executive Officer of Darling Harbour Live, Malcolm Macintyre, says the project will reinvigorate the precinct, reconnecting the area north to south and east to west.
“Our design approach has been to ensure we don’t have an isolated precinct within the city but one that knits the city together through its activation, scale and density, and importantly provides more public space and parkland,” Macintyre says.
“It will add more public space, a new residential neighbourhood at the heart of the city, and new links to the surrounding neighbourhoods.”
<img alt="darlingmarch27two" height="311" width="470" src="/images/stories/2013/03/darlingmarch27two.jpg">
 
<hr class="system-pagebreak">
The convention centre is expected to be finished by 2016, with the current convention centre, built in the 1980s, staying open until 2015.
Deputy premier Andrew Stoner told News Ltd the development would deliver $5 billion to the economy, providing 3700 construction jobs and ongoing employment for 4000 people.
"It is just 450m away from Central and 700m from Town Hall stations, yet the precinct has always felt as though as it was disconnected from its <a href="/news">Haymarket</a>, <a href="/news">Ultimo</a> and <a href="/news">Pyrmont</a> neighbours," he told News Ltd.
"The masterplan creates strong pedestrian links with the north-south boulevard and five new east-west pedestrian connections through the precinct.
"It aligns the light rail stops with entrances to the new facilities to improve pedestrian flow."
The plans will extend Tumbalong Park by 3000 square metres to 11,000 square metres and will include an outdoor event space for 25,000 people.
<img alt="darlingmarch27three" height="315" width="470" src="/images/stories/2013/03/darlingmarch27three.jpg">
The 20-hectare site for the project is bounded by the light rail line to the west, Harbourside shopping centre and Cockle Bay to the north, Darling Quarter, the Chinese Garden and Harbour Street to the east, and Hay Street to the south.
Haymarket, the residential and commercial precinct to the South, includes building envelopes between six and 40 storeys across six plots.
The neighbourhood is due to be completed from 2016 through to 2023 by Lend Lease in a separate development, will include 1400 apartments, with accommodation for 1000 students, and possibly a library.
The plans are on exhibition at the <a href="https://majorprojects.planning.nsw.gov.au/index.pl?action=view_job&amp;job_id=5752" target="_blank">Planning website</a> until May 10.
 
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Sydney's Darling Harbour redevelopment plans unveiled

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A Harry Seidler-designed home in Sydney’s Balmain has been listed for auction with a price guide of $6 million.
Located on <a href="https://www.realestate.com.au/property-house-nsw-balmain-113342335" target="_blank">White Street</a>, the three-bedroom, two-bathroom home was built in 1995.
Named the 'Sydney Seidler', it was one of the last residential properties Seidler created before his death in 2006.
The home boasts Seidler’s signature curved walls and roof and triple-height ceilings.
Located on a 798-square-metre waterfront block, the main living areas offer views over the Sydney harbour.
It also includes a pool – surrounded by manicured lawns – and a boatshed and slipway into the harbour is also included.
The property last sold in October 2001 for $3.41 million, which Danny Cobden, director of Cobden and Hayson says at the time, was a record auction price sale of a home in Balmain.
Seidler was an Austrian-born Australian architect and was the first architect to fully express the principal of the Bauhas in Australia.
He designed 180 buildings over his career, including The Australian Square Tower in George Street, the MLC Centre in Martin place and the Ian Thorpe Aquatic Centre in Ultimo.
Cobden says he expects plenty of interest in the house.
The property will go under the hammer on April 20.
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Harry Seidler-designed Balmain home listed with $6m price guide

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Darjeeling, an historic 1880s stone NSW Southern Highlands homestead, has been sold for $2 million to Phil Purnell and his wife, Stephanie.
It come with views to the north towards <a href="/news">Mittagong</a> and to the south over Retford Park, <a href="/news">Burrawang</a> and <a href="/news">Moss Vale</a>.
<img src="/images/stories/2013/03/bowralmarch26one.jpg" width="470" height="296" alt="bowralmarch26one"> The stone homestead has two bedrooms downstairs and room for another two bedrooms upstairs but it's currently without a staircase.
The 56-hectare holding had been listed through Philip Barron at LJ Hooker Bowral.
<img src="/images/stories/2013/03/bowralmarch26two.jpg" width="470" height="344" alt="bowralmarch26two">
It was sold by the Watchtower Bible and Tract Society of Australia, the legal organization in use by Jehovah's Witnesses, who'd been willed it in 2004 by the late Jessie Crichton-Smith.
<a target="_blank" href="https://news.google.com/newspapers?nid=1301&amp;dat=19630426&amp;id=lX1WAAAAIBAJ&amp;sjid=veUDAAAAIBAJ&amp;pg=5177,7150662">When auctioned in 1963 it had recently had 2000 pounds spent on improvements</a>.
It comes with mixture of pasture, woodland and native forest, plus four dams and two creeks.
<img src="/images/stories/2013/03/bowralmarch26three.jpg" width="470" height="347" alt="bowralmarch26three">
For much of its history, it has been owned by the Smith family who feature on the <a href="https://www.myrasplace.net/hstones/hmgong3.htm" target="_blank">Old South Road website</a> undertaken by Helen Erskine for her local genealogy club.
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No stairs but two-storey Darjeeling in Bowral sells for $2 million

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Actress and dressmaker Susan Hannaford paid $717,500 three decades ago for her house at Forty Baskets Beach.
The actress, who at one point was reportedly set for a part in Seinfeld and the Hollywood soap opera The Bold and the Beautiful, has now listed her <a target="_blank" href="/news">Forty Baskets Beach</a> property which was bought when she was affectionately known as Kitty in the television series The Sullivans.
Mark Novak at the Novak Agency knows his lines, saying the house at <a target="_blank" href="https://www.realestate.com.au/property-house-nsw-balgowlah+heights-113211879">30A Beatty Street, Balgowlah Heights</a> was "still dressed in its 1970's attire."
He says the "magical harbourside abode" is dramatically set over two levels with extensive harbour views from almost every room of the property. It even has a very 1970s carpeted sunken lounge area.
It has five bedrooms plus two more in the teenagers' retreat located on the bottom level of the property. 
"This rare gem is spectacular and is truly looking for some love," Novak says somewhat dramatically in the marketing.
The agency declined to comment at all on the listing after a query from Property Observer.
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Actress Susan Hannaford lists her Balgowlah Beach property

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The home of legendary jazz musician James Morrison has been listed for sale.
The Eyrie, an unusual sandstone five-bedroom house with tower on a 1665-square-metre block at Bungan Head last traded for $790,000 in 1994.
<a href="https://www.mcgrath.com.au/buy/house-newport-nsw-2106/178332/?searchID=27613189" target="_blank">It comes with views of both Newport and Bungan beaches</a>.
Its McGrath listing agent Geoff Grist is seeking $3.75 million-plus for The Eyrie, which has sweeping lawns, a 20-metre lap swimming pool, Balinese cabana, pizza oven and a guest cabin.
When it was bought in 1994 from Ross Barwick, Sir Garfield Barwick's son, it was being advertised as an "unfixable dump".
<a href="https://www.propertyobserver.com.au/tags/title-tattle" target="_blank">Title Tattle</a> recalls when the house was auctioned it was hotly contested by the tenants of 14 years, Rodney Booth and Sue Cummings, but a determined Morrison paid $90,000 more than the reserve. 
Morrison sold his other Newport home for $935,000.
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