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.

&nbsp;

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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."

&nbsp;

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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."

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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.

&nbsp;

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<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, two levels 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.

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Joel Robinson

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

<a href="https://www.urban.com.au/developers/far-east-consortium">Far East Consortium</a>’s 640 Bourke Street stands as a testament to&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic-3000">Melbourne</a>’s ability to bridge its storied past with a bold vision for the future.&nbsp;

Rising above the heritage-listed Eliza Tinsley building, the development reflects a broader shift toward adaptive reuse in the city, where historical assets are retained and reinterpreted as part of new residential development.

Designed by <a href="https://www.urban.com.au/architects/rothelowman">Rothelowman</a>, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> incorporates the Eliza Tinsley building as its foundation, housing a grand gallery and lobby space that serve as both a functional and symbolic centrepiece. The heritage façade informs the tower’s design, creating a connection between Melbourne’s past and its contemporary skyline.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

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Above this historic base, the 68-storey tower will deliver just over 600 residences, a notable reduction from earlier schemes, reflecting a deliberate move toward larger-format apartments and a stronger owner-occupier focus.

Unlike traditional CBD developments that prioritised investor stock, 640 Bourke Street has been repositioned to respond to changing buyer expectations.

"The discussion was all around making 640 Bourke Street the best residence to live in, to be much more focused on the people in the building rather than people looking at the building," Marsland explained.&nbsp;

This shift is evident in the development’s interiors, which emphasise practical luxury with spacious layouts, high ceilings, and floor-to-ceiling windows framing sweeping views of Melbourne and Port Phillip Bay.&nbsp;

“What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Lauren Sheldon, Far East Consortium’s Director of Sales and Marketing, said.&nbsp;

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Rothelowman Associate Jun Chang added, "We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."&nbsp;

Amenities spanning more than 3,000 sqm across multiple levels further reinforce this focus on resident experience. These include a pool, gym, co-working areas, and a range of hospitality-inspired spaces such as a whisky lounge, library, and private dining rooms, many drawing reference from traditional bathhouses and Melbourne’s laneway culture.

"We wanted to make both the pool and the gym area to be absolutely destinational, and when you traverse across to these spaces, there is a gentle familiarity to the beautiful notions of the hammams and the Roman baths, a gentle nod to history," Chang noted.

At street level, the project contributes to the ongoing transformation of the western CBD, with upgrades to Langs Lane and the introduction of retail, hospitality, and gallery spaces designed to activate the precinct and strengthen its connection to the surrounding city fabric.

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The location places residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market, and the Docklands waterfront, positioning the development within a rapidly evolving inner-city neighbourhood.

"We believe it's the best site left in the city of Melbourne," Craig Williams, Executive Director at Far East Consortium, said.&nbsp;

640 Bourke Street is Far East Consortium’s 14th building in Melbourne’s western CBD.

"A very elegant designed building. It's going to be a Melbourne statement for many, many years to come."

One-bedroom apartments are priced from around $640,000, with 640 Bourke Street targeting completion in 2029.

Renders shown are Artist's Impressions correct as of May 2026.

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Heritage-led design anchors Far East Consortium’s 640 Bourke St, Melbourne

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

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The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

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Each residence has been configured with four bedrooms, multiple living zones, a private office, and expansive ocean-facing terraces. Interiors draw on a restrained material palette, including travertine stone, timber joinery, and integrated premium appliances.

Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.

“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”

Residents will have access to a suite of wellness-focused amenities, including pools, sauna facilities, and dedicated relaxation spaces, reflecting a broader shift toward lifestyle-driven apartment design on the Gold Coast.

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The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

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MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

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.

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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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Sydney entrepreneur Drew Muirhead is now selling his unsold five-bedroom Cottage Point waterfront on Sydney's Pittwater in one line, as plans to secure 12 takers each with a share, didn't get anywhere.
It had been given a nominal $7.8 million value on its 2012 marketing with each portion listed in $650,000 part ownership shares.
Fractional ownership is a model used in the US and Europe.
The expectations are now around $4 million.
<img alt="cottagemarch1one" height="317" width="470" src="/images/stories/2013/03/cottagemarch1one.jpg">
It wasn't for want of space as its possibly the biggest house within one of Sydney's smallest suburbs, Cottage Point, complete with infinity-edge pool, spa, jetty and pontoon.
Designed by architect Richard Cole, it has water views from every room with its pitched ceiling expanding the view to include the bushland behind.
<img alt="cottagemarch1two" height="313" width="470" src="/images/stories/2013/03/cottagemarch1two.jpg">
The five-bedroom home, featured on Grand Designs Australia in 2010, has been rented out for $20,000 a week in the peak season.
<a href="https://rwdbgroup.com/nsw/cottage-point/884214/" target="_blank">Its now listed for March 28 auction through Ray White Double Bay agents Michael Finger and Doreen Wilson</a>.
The top <a href="/news">Cottage Point</a> sale was $6.45 million in 2008.
Muirhead was offering the property under a co-ownership agreement drawn up by PodProperty chief executive Jeremy Levitt, who says the method has become more popular especially for holiday homes.
It was intended the co-owners would have a deeded share of the title of the bricks and mortar and could use their share for their own holiday stay, or rent out their time.
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No sharing so Notting Lane, Cottage Point set for March 28 auction

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Finance industry executive Paul Fegan and his wife, Leonie, have sold their hillside Mosman residence a year after its initial listing.
Its settlement last month revealed its $8.3 million sale price, reflecting a 22% price decline.
The Alex Popov-designed Burran Avenue house last traded at $10.75 million in late 2007 when he was the St George chief executive.
<img src="/images/stories/2013/03/mosmanmarch1one.jpg" width="470" height="310" alt="mosmanmarch1one">
Fegan, who was briefly Telstra's executive in charge of strategy and corporate services, is now ted.
Expectations were around<a target="_blank" href="https://www.propertyobserver.com.au/new-south-wales/former-st-george-boss-lists-alex-popov-designed-mosman-house/2012022753586"> the $10 million on its initial McGrath listing </a>of the 1,130 square metre matrimonial property with a 20-metre pool.
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Mortgage insurer Genworth appointed the former St George Bank chief executive Paul Fegan as its chief financial officer earlier this year.
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Fegan had joined St George Bank in 2002 and was appointed chief in 2007 until Westpac took over St George in 2009.
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Mosman prestige house cops 22% price decline

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Over the last 24 months, Sydney's northern beaches have seen a flattening of the residential property market, but statistics and general market sentiment indicate that positive signs are ahead.
Although some suburbs such as Freshwater and Balgowlah have seen a 1.9% to -2.2% reduction in the value of apartment sales over the last year, according to Residex, house sales in many suburbs have witnessed minimal growth over the past 12 months, which is an improvement on the previous year.
Hence, it would appear that the northern beaches may have turned the corner as positive signs are apparent.
Property cycles see values swing according to supply and demand.
The northern beaches of Sydney offers a wonderful lifestyle, not too far from the city, with beautiful non-crowded beaches, waterways, golf courses, national parks, good schools, restaurants, boutique shops and a major retail shopping precinct.
It is not too far from other businesses and commercial districts such as Chatswood, Frenchs Forest and North Ryde.
The northern beaches provides a safe family environment in comparison to most other Sydney regions.
The majority of northern beaches suburbs have traditionally experienced a 10 year average growth of 6-7%, however, such growth figures are closer to 4% due to price corrections over the last three years.
What this means in real terms is that now is an excellent time to buy in the northern beaches.
There are so many positive factors and fundamentals that will see property prices here rise again – it’s cyclical and now is the best time in the cycle to buy.
Working exclusively as buyers’ advocates, I've noticed that the level of inquiry since early January was far stronger that the last 4 years.
In 2013 I have already seen a significant uplift of interest in the sub-$650,000 price bracket.
Some of this can be attributed to a lack of supply and increasing demand due to factors such as reduced interest rates and improving market confidence.
The housing market up to $1 million is also starting to improve, evident by increasing numbers at open homes and decreasing days on market.
This would provide an excellent opportunity for those wishing to upsize.
The prestige market in the northern beaches has seen a dramatic decline in value over the past three years, however, this would appear to have stabilised and we can expect some improvement in the coming year.
 The value for money that can be seen in the $2 million plus market is excellent in comparison to other Sydney regions.
Rich Harvey is a buyers’ agent and CEO of <a target="_blank" href="https://www.propertybuyer.com.au/">www.propertybuyer.com.au</a>
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It's a great time to buy on Sydney's northern beaches: Rich Harvey

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Property valuers LandMark White are being sued for a "gross overvaluation" of a Sydney office building by the financial services group, Suncorp.
Suncorp alleges LandMark was negligent when it provided Record Investments, the Allco company, with a $115 million valuation for the 13-storey office building at 149 Castlereagh Street in Sydney's CBD.
Allco had purchased the property for $35 million in 2007, then received a $90 million mortgage facility from Suncorp to renovate the building based on a $115 million valuation.
However Suncorp's claim before the Federal Court suggests the renovated building was only worth $65.6 million with Landmark alleged to be negligent partly because it relied on a 100% occupancy as soon as the renovations finished.
"A reasonably competent valuer would not have assumed that the property would be more than one-third leased on practical completion," Suncorp said in its statement of claim which was reported by Fairfax Media.
LandMark also failed to take into account poor pedestrian traffic flow and access, poor natural light and an excess of columns in the building, and the lack of vehicular access "with the result that all goods, including waste removal, would have to be carried in and out of the building at the street frontage".
Suncorp claims it was left $40.2 million out of pocket after Allco collapsed and is seeking compensation and damages.
The building was in the <a target="_blank" href="https://www.propertyobserver.com.au/office/allco-asset-re-listed-after-last-sale-fails-to-get-across-the-line/2011110652219">news in late 2011 when the Allco asset </a>was re-listed after a sale failed to get across the line. It finally sold last year at $40.6 million to Blackstone at a reported 46% discount to the face value of the debt from Suncorp.
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Landmark White being sued over Allco Sydney office valuation

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The former canvas factory in Newtown owned by artist Ben Hall has been listed for sale through Ercan Ersan at BresicWhitney Estate Agents.
The architecturally reinvented <a target="_blank" href="https://www.realestate.com.au/property-house-nsw-newtown-113150755">Trade Street warehouse</a> home comes with soaring ceilings, exposed beam structures along with handmade features ensuring great use of light.
The price guide is more than $1.1 million.
<img height="350" width="470" src="/images/stories/2013/02/hallfeb27two.jpg" alt="hallfeb27two">
There are exterior terrace spaces.
It has three bedrooms plus along with stainless steel breakfast bar kitchen and sky lit shower space.
Its upper level has a bedroom and study with balcony.
<img height="352" width="470" src="/images/stories/2013/02/hallfeb27one.jpg" alt="hallfeb27one">
Ben Hall's paintings are abstractions inspired by the Australian landscape.
He studied art under Roland Wakelin and Lloyd Rees while studying architecture at Sydney University.
He is also a master woodworker, having crafted baroque musical instruments, some of which are included in the Powerhouse Museum.
The 1930/40s warehouse will go to auction on March 23.
It was bought by Hall in 1980.
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Artist Ben Hall lists his inner city Newtown warehouse

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Coppins, the last and largest Australian house designed by the internationally renowned architect Walter Burley Griffin, has sold for about $3.25 million through Mark Blake of Luschwitz Real Estate.
On leaving for India in 1935, Griffin's architectural associate Eric Nicholls completed the plans for the 1935 house.
<img alt="coppinsfeb26one" height="312" width="470" src="/images/stories/2013/02/coppinsfeb26one.jpg">
The Coppins estate had previously always sold as two titles on Telegraph Road, but <a href="https://www.stivesre.com.au/1P0965" target="_blank">this month's sale</a> is the sandstone house on 5716 square metres.
The house was built for the Pratten who ran a printing business. Title Tattle recalls even the dog kennel bore the Griffin design stamp.
<img alt="coppinsfeb26two" height="309" width="470" src="/images/stories/2013/02/coppinsfeb26two.jpg">
The Coppins estate was sold to the Dening family, who then sold it for $6.1 million in 2001 to property developer Michael Kwok.
<img alt="coppinsfeb26three" height="307" width="470" src="/images/stories/2013/02/coppinsfeb26three.jpg">
Kwok tried unsuccessfully to sell it for more than $8.5 million, but by mid-2012 it was listed for sale by HSBC Bank after Kwok's bankruptcy.
Kwok's failed Australian business ventures included the Fairmont Resort at Leura in the Blue Mountains.
The 3927-square-metre adjoining block with a 1950s two bedroom cottage and a tennis court remains listed for about $1.6 million through Luschwitz.
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Walter Burley Griffin's Pymble design, Coppins subdivided and sold 

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All the headlines centred on the weekend's stellar highest priced sale of $5.15 million for a six-bedroom, five-bathroom home in Vaucluse.
The Derby Street house, which has harbour views taking in the Opera House and bridge, attracted six Chinese buyers when auctioned by the <a target="_blank" href="https://www.realestate.com.au/property-house-nsw-vaucluse-112822139">Sotheby's agent Michael Pallier</a> inconjunction with <a target="_blank" href="https://www.domain.com.au/Property/For-Sale/House/NSW/Vaucluse/?adid=2010237325">Ray White Double Bay agent Daniel Ungar</a>.
"We thought it would go for $4.5 million," he told Fairfax Media, after bidding on the property had started at $3.9 million.
Mr Pallier attributed the improved prestige market partly to section 188 visa changes last July, which speed up entry for foreigners who spend $5 million in approved investments. The improving sharemarket was another factor.
Its last sale price was $3.2 million in 2002, reflecting 4.5% annual growth.
The weekend's cheapest sale was $368,000 at Carramar. The three-bedroom, original-condition 1960s Ruby Street offering sold under public trustee instructions through <a target="_blank" href="https://www.homehound.com.au/9+ruby+street+carramar+nsw+2163/">Century 21 Southwest Fairfield </a>agent Nickolas Papadopoulos.
It was marketed as "calling all renovators and property investors/developers."
The brick house on 556 square metres was marketed as an "excellent money spinner."
Having last sold for $93,500 in 1987, its price reflected 5.38% annual growth.
For more on the allure of Australian property to Asian buyers, <a href="http://propertyobserver.com.au/ebooks/free-ebook-australias-allure-for-asian-residential-property-investment" target="_blank">download our free eBook. </a>The eBook is also available for<a href="http://propertyobserver.com.au/ebooks/australias-allure-for-asian-residential-property-investment-free-ebook" target="_blank"> free download in Chinese.</a>
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Cheapest $380,000 Sydney sale yields better than $5.15 million Vaucluse prestige

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The historic St John’s church site, one of the most well-known properties on Sydney’s Oxford Street strip, is well under way in its transformation into a boutique residential and retail project.
The St John’s Paddington project comes with eight dwellings of which half have been sold by Savills.
<img src="/images/stories/2013/02/stjohnsfeb26one.jpg" alt="stjohnsfeb26one" width="470" height="286">
Peter Coulton, from Savills Residential Projects NSW, says the start of 2013 had seen a "significant pick up" in market confidence, mainly from downsizers from the North Shore looking for a more centralised living lifestyle.
"St John's Residences in Paddington has received over 30% of its enquiries from downsizers who are looking to move from the North Shore," he said.
Two of the four properties now sold have been snapped up by this demographic – people from the lower and upper North Shore – including the church penthouse at $2.45 million.
<img src="/images/stories/2013/02/stjohnsfeb26two.jpg" alt="stjohnsfeb26two" width="470" height="285">
"The penthouse was sold to a couple who have older children and wanted to downsize from the family home," Peter Coulton said.
"Paddington is becoming increasingly attractive to downsizers due to its central location, host of cafes and restaurants, markets, proximity to art galleries and theatres, together with an active and lively community.
“The driver for downsizers is predominantly the release of equity for their child’s first home but increasingly it is the attractiveness of an easier lifestyle within a community and the downscaling of land without compromising on internal space.”
<img src="/images/stories/2013/02/stjohnsfeb26three.jpg" alt="stjohnsfeb26three" width="470" height="290">
The <a href="https://www.stjohnspaddington.com.au/" target="_blank">St John’s Paddington residences </a>have proportions ranging from 171 square metres to 339 square metres.
Pricing for the remaining three-bedroom apartments start at $1.725 million and range up to $2.75 million.
The freestanding home within the 261-263 Oxford Street project had been listed at $3.5 million, but sold earlier this month. 
The free-standing former manse was a Torrens title offering - a two-storey Federation Arts and Crafts property on Regent Street.
<div class="property_detail_copy">The development comes with retail and café spaces fronting the busy Sydney pedestriuan hub.</div>
The project is being developed by Australasia Properties Pty Ltd and marketed through <a href="https://www.savillsresidential.com.au/Buying/Property-Search/PropertyDetails.aspx?pfresults=True&amp;id=3058" target="_blank">Savills residential projects divisional director, Peter Coulton</a>.
The site was sold by Savills in 2010 year for $9 million to the developers who have since worked with designers Ancher Mortlock Woolley and architects Marchese Partners.
They have adjusted the initial 2005 conditional development consent for the redevelopment granted by the Land &amp; Environment Court.
“For almost two decades the buildings have been left vacant, subject to vandalism and in an increasing state of deterioration,” its April 2011 Graham Brooks &amp; Associates heritage impact statement says.
It has frontages to Oxford and Regent streets, and at the rear, Renny Lane.
“These historic Paddington landmarks will be given a new lease of life,” Mr Coulton says.
The St John’s manse was built in 1845, with later additions, making it one of Paddington’s oldest buildings. The colonial Georgian manse was built at a cost of 240 pounds. In 1859 the Gothic-style St John’s church was built next door to a design by Henry Robertson.
In 1885 it was extended by the church hall at the rear. It was deconsecrated as a Presbyterian church in 2000.
The church sold in 2004 for $8.3 million to a syndicate headed by Tony Braham. The syndicate offloaded the project in 2010.
It sits within the Sydney City Council municipality.
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North Shore downsizers seek out St John's Paddington offerings through Savills

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Buyers have secured the purchase of 117 apartments within the 142-unit stage two of the Platinum project at Victoria Park on the weekend.
The sales ranged from $499,000 for a one-bedroom units to $1.3 million for three-bedroom apartments through Link Marketing Services, who maintained strong Asian buyer connections.
The initial 180 apartments in the first stage of Platinum sold off-the-plan within 30 days of release in late 2012.
<img alt="paycefeb25one" src="/images/stories/2013/02/paycefeb25one.jpg" width="470" height="314">
Payce has started construction of Platinum, which comprises five buildings, each with its own identity and colour scheme. The first stage is slated for completion by July 2014.
The project was designed by architect Nick Turner, with interiors by Koichi Takada.
The current 142 apartments are within a 15-storey complex which has an inter-connecting eight level building.
Payce’s earlier buildings at Victoria Park – Apex and East Village – sold out within four and two months respectively in mid-2011.
“The only thing Victoria Park lacks is shopping facilities, and that will change early next year when Payce completes a major fresh food and retail centre called the East Village Urban Marketplace,” said Basil Klevansky, managing director of LINK Marketing Services.
“It will have up to 50 specialty shops with an emphasis on fresh produce, a Coles supermarket, and a health and fitness club with a 25-metre indoor swimming pool,” he said.
For more about Australia's allure for Asian residential property investment, <a target="_self" href="http://propertyobserver.com.au/ebooks/free-ebook-australias-allure-for-asian-residential-property-investment">click here for our free ebook</a>.
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Payce secures snappy weekend sale of 117 in its latest 142 Platinum, Victoria Park apartment offering

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The iconic NSW Northern Tablelands property Jeogla Station, purchased by Roche Group in 1998, and nearby Wallamumbi which was acquired in 2001, have been listed for sale with offers due April 4.
In 2008 the two properties, together with a few smaller landholdings acquired over a number of years, were amalgamated covering a 13,340 hectare total with a carrying capacity of 16,000 head of cattle.
The cattle on <a href="https://www.rochegroup.com.au/retailcommercial/jeogla-and-wallamumbi" target="_blank">Jeogla and Wallamumbi Station </a>is primarily Shorthorn Beefmaker with some cattle cross-bred with Angus and Charolais.
<img alt="jeoglafeb25two" height="277" width="470" src="/images/stories/2013/02/jeoglafeb25two.jpg">
The purchases by Bill and Imelda Roche came after the 1997 sale of the skin care company Nutri-Metics International to the United States food and consumer products giant Sara Lee.
The rural <a href="https://www.jeogla.com.au/index.php" target="_blank">New England cattle breeding properties </a>had been previously owned by members of the Wright family.
Wallamumbi was for many years the childhood home of the poet and environmentalist, Judith Wright.
The Wright family pastoral dynasties date back to around 1827 with the family among the first to import hereford cattle into Australia. The Jeogla and Wallamumbi herd has developed from a Hereford stud established in the 1830s.
<img alt="jeoglafeb25one" height="234" width="470" src="/images/stories/2013/02/jeoglafeb25one.jpg">
The historic V1V brand of Jeogla and the V2V brand of Wallamumbi, one of the oldest brands in Australia, are still in use.
Bi-annual production sales established on both properties by the Wrights are still conducted, the first for 2013 scheduled for March 13 when 2500 head of EU-accredited steers and heifers  go under the hammer.
It was Charlotte and Albert Wright who moved into the Armidale area establishing the family homestead at Wallamumbi, about 45 kilometres east of the town. After the death of her husband, Charlotte ran the property alone and purchased the rich adjacent grazing property Jeogla.
Jeogla is an Aboriginal word meaning "warm crossing".
Wallamumbi is an Aboriginal word meaning "big waterfall".
Elders have the listing in conjunction with Philip Jarvis and Associates of Armidale.
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