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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A two-tier unit and townhouse market is set to emerge in the NSW Riverina town of Wagga Wagga, with a number of new developments under construction aimed at the upwardly mobile and retiree end of the market, as the region benefits from economic growth and resource-related activity.
Located 450 kilometres from both Sydney and Melbourne, <a target="_blank" href="/news">Wagga Wagga </a>is NSW’s largest inland city, with a population of 63,500 people.
A recent Sydney Morning Herald report notes the development of a strong restaurant culture in Wagga Wagga, the launch of the National Art Glass Gallery and the city becoming a conferences hosting hub, with accommodation offerings such as Carlyle Suites featuring 21 upmarket suites and apartments.
In his column on Property Observer today, <a href="https://www.propertyobserver.com.au/new-south-wales/regional-property-markets-outperformed-capital-cities-in-2012-terry-ryder/2012121258440" target="_blank">Terry Ryder </a>names Wagga Wagga alongside <a target="_blank" href="/news">Dubbo</a>, <a target="_blank" href="/news">Tamworth</a>, <a target="_blank" href="/news">Gunnedah</a>, <a target="_blank" href="/news">Mudgee</a>, <a target="_blank" href="/news">Orange</a>, <a target="_blank" href="/news">Goulburn </a>and <a target="_blank" href="/news">Albury </a>as regional locations in NSW that he expects to outperform capital city markets.
"NSW is blessed with many strong regional centres that are a lot more affordable than Sydney and have provided much better capital growth over recent years," says Ryder.
Two of the biggest developments under construction in Wagga Wagga are the Mill Residence and The Grange Village, which will add 282 units and townhouses to the Wagga market by 2014- 2015.
<img src="/images/stories/2012/12/waggamill2.jpg">
The Mill Residence is being built on the historic Murrumbidgee Flour Mill site (pictured above), with the first stage consisting of 52 apartments ranging from modern two-bedroom apartments through to luxury penthouse apartments.
Two-bedroom units in The Mill Residences, being developed by Interlink Wagga Central, are priced from $360,000, with a three bedroom selling from $470,000.
“The higher prices asked by the developer of this project are a show of confidence in the Wagga market. Sales levels in this unique development will determine the strength of demand for luxury strata-titled product in this regional market," says PRDnationwide NSW analyst Oded Reuveni-Etzioni.
The Grange Village (pictured below) is being developed by Nash Bros Constructions and set within 22 hectares of landscaped gardens and is aimed at over-55 retirees featuring two- and three-bedroom villas.
<img src="/images/stories/2012/12/grangewagga.jpg">


<hr class="system-pagebreak">
Another retiree community, Estella's Settlers Village, is expected to expand with new townhouse to be built with serviced apartments selling from $139,000 and self-contained villas from $259,000.
Both retiree developments come as the healthcare and retirement sector expands in the region, led by the Wagga Wagga Base Hospital redevelopment and an increase in the number of retirement units across the city.
The new developments are set to create a dichotomy between high- and low-end products, says Reuveni-Etzioni, with older villas remaining an affordable option to first-home buyers, investors and retirees.
In the past six months to September 2012, 45% of medium-density dwellings have sold for less than $200,000, while 47% of villas and units have sold in the $200,000 to $300,000 price range.
Sales in the $300,000-plus bracket averaged 12% of sales.
Reuveni-Etzioni says there is evidence of the region's economic growth across all major property sectors.
"The expansion of the [Bomen] Business Park is underpinned by a new oil refinery and an integrated oil-seed processing plant, while on the retail front a new Masters Warehouse has entered construction phase," he says.
“This stable and diversified economy provides employment for locals and attracts new residents from other parts of the state.”
In RP Data’s Rent vs Buy report, three Wagga Wagga locations are included where buying could be cheaper than renting.
These include <a href="/news">Lake Albert</a>, where the median unit rent is $275 per week and the median unit value is $196,000, <a href="/news">Ashmont </a>(median rent of $164, median value of $146,000) and <a href="/news">Tolland</a> (median rent of $162, median value of $137,000).
About 250 properties were flooded when the Murrumbidgee River burst its banks in early March this year.
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lschlesinger-FZcF9M3vE6

Luxury unit and retiree communities emerging in Wagga Wagga as local economic grows

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The regions have outperformed the capital cities in 2012, with Sydney and New South Wales providing one of the best examples.
While Sydney house prices have barely budged this year – with the ABS, Australian Property Monitors, the REIA and RP Data all giving Sydney growth of around 1% in their various price measures for the 12 months to October – several of state’s regional centres have done much better.
<a href="/news">Dubbo</a>, <a href="/news">Orange </a>and <a href="/news">Mudgee</a> are among those that have performed solidly in the past 12 months, with median price growth in the 7% to 10% range.
Sydney’s underperformance is a long-term factor. It has been the worst of the capital cities for capital growth over the past 10 years.
A comparison with Brisbane illustrates how bad Sydney has been: the top suburb in Brisbane has a long-term growth rate of 14%, and most suburbs have double-digit growth rates. In Sydney, the best performer has averaged 7% and most have been between 4% and 5%.
Many of the upmarket suburbs have done worse than that: <a href="/news">Mosman</a>, median price over $2 million, has averaged 3.6% a year; <a href="/news">Longueville</a>, median price $2.3 million, has averaged 3.8%; <a href="/news">Vaucluse</a>, median price $2.7 million, has averaged 3.2% a year (which means it takes 23 years for values to double).
The best growth rate across Sydney has been achieved by humble <a href="/news">Canley Vale </a>(median house price $450,000) with a growth rate of 7% a year. <a href="/news">Cabramatta </a>($427,000) and <a href="/news">Canley Heights</a> ($440,000) also made the top five. Five of the top seven had median prices below $460,000.
Many regional centres have done much better than Sydney over the past decade. <a href="/news">Gunnedah</a> and <a href="/news">Lismore</a>, for example, have averaged 12% a year, <a href="/news">Singleton</a>, <a href="/news">Branxton</a>, <a href="/news">Yass </a>and <a href="/news">Casino </a>have managed 11%, while <a href="/news">Scone </a>and <a href="/news">Muswellbrook </a>have recorded an average of 10%.
Sydney will do better in 2013. Recent figures show the first glimmers of recovery in Sydney, with moderate growth in average prices and rentals. I’m expecting to this to carry into 2013 and become stronger.
But the best prospects will continue to be found beyond the state capital. NSW is blessed with many strong regional centres that are a lot more affordable than Sydney and have provided much better capital growth over recent years.
Ones I expect to continue achieving include Dubbo, Tamworth, Gunnedah, Mudgee, Orange, <a href="/news">Goulburn</a>, <a href="/news">Albury</a> and <a href="/news">Wagga Wagga</a>.
Dubbo presents a typical case. It’s the regional centre for an important region, it has a substantial and growing population, its economy has strength and diversity, its council is energetic and proactive, money is being spent on infrastructure, and there is a growing influence from major resources projects.
As a bonus for investors, houses are affordable (median price $275,000). Dubbo presents the win-win-win situation that attracts me to solid regional centres, compared with capital cities: cheaper prices, better rental returns and strong prospects for ongoing capital growth.
Terry Ryder is the founder of <a href="https://www.hotspotting.com.au/" rel="nofollow" target="_blank">hotspotting.com.au</a> and can be <a href="https://www.twitter.com/hotspotting" rel="nofollow" target="_blank">followed on Twitter</a>.
For more, watch Terry's free webinar <a target="_blank" href="/news">Regions vs capital cities: Where to invest in 2013</a>
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terryryder-YECXbqmri2

Regional property markets outperformed capital cities in 2012: Terry Ryder

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Celebrity builder Scott Cam is seeking $3100 a week tenants at his redundant Rosebery house following his $4.6 million Vaucluse mansion purchase.
Cam will thrown in a gardener and pool man for the new occupants who take up the rental.
<a href="https://www.realestate.com.au/property-house-nsw-rosebery-409349331" target="_blank">It's a contemporary, custom-built family residence</a>. The previous residence on the site is pictured below.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/stories/2012/12/scottcamold.jpg">
There's huge open-plan living, dining and family entertaining zones with soaring ceilings, glass walls and louvres, polished concrete floors and two Jetmaster fireplaces.
Its Caesarstone kitchen comes with Ilve appliances, five-burner gas hob, double oven, dishwasher and walk-in pantry.
The private master suite occupies the entire upper level features double walk-in-robes, sunroom, adjoining study/nursery and Japanese-inspired ensuite.
There are an additional four double bedrooms, all with built-ins.
The grounds have north facing grassed garden with solar-heated saltwater pool complete with decking, sunbeds and a separate cabana with kitchen/wet bar, living room, home theatre, guest bedroom, bathroom and steam room.
It comes with "big workshop space" (pictured below) plus office.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/stories/2012/12/camtoolroom.jpg">
Last month Scott Cam, Channel 9's top-rating host of The Block, and his wife, Ann, bought a Tuscan-inspired Vaucluse home (pictured below). And neighbours have noticed utes descend on the upmarket suburb.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/stories/2012/12/camnew.jpg">
The property was sold by pub baron Peter Wadsworth.
"Scotty said that he grew up around Vaucluse and that he's always wanted to come back to the area," said Ray White Double Bay agent Daryl Rosen.
<a href="/news/the-block-2012-presenter-scott-cam-spends-670-000-on-a-mollymook-retreat-title-tattle">The couple spent $670,000 for a retreat at Mollymook on the south coast earlier this year.</a>
Their not-so modest home in Rosebery cost $750,000 in 2001.
The celebrity builder, who launched his TV career in 2000 alongside Jamie Durie on Backyard Blitz, also appears on Backyard Blitz, Domestic Blitz, Random Acts of Kindness and Renovation Rescue.
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jchancellor-FAypfDUnLy

Celebrity builder Scott Cam seeks $3,100 weekly rent for Rosebery house as he moves to Vaucluse

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Lend Lease has been selected as preferred bidder by the New South Wales government to deliver the Sydney International Convention, Exhibition and Entertainment Precinct (SICEEP) at Darling Harbour.
It's among the winning Destination Sydney consortium consisting of Lend Lease, HOSTPLUS, Capella Capital, AEG Ogden and Spotless.
The two losing bidders were Key Partners comprising Laing O'Rourke Australia Construction Ltd, John Laing Investments Ltd, Macquarie Capital Group Ltd, GL Events and Honeywell Ltd; and the VeNuSW consortia comprising Plenary Group Ltd, Brookfield Multiplex P/L, Brookfield Multiplex Services Pty Ltd and Suntec Int. Convention &amp; Exhibition Services Pte Ltd.
Lend Lease and Destination Sydney will work with Infrastructure NSW (INSW) to enter into a $1 billion public private partnership to design, construct, finance, maintain and operate the convention, exhibition and entertainment facilities.
The state government had concluded the existing facilities at Darling Harbour have served Sydney well since the 1980s and been the backbone of the growth in the major events industry.
<img src="/images/stories/2012/12/icc3.jpg">
"However, Sydney needs to respond to the substantial improvement in the standard of equivalent facilities in Australia and the Asia-Pacific if the city is to realise its full potential in the convention and exhibition markets," the government says.
The project aims to revitalise the 20-hectare precinct that runs north-south from Haymarket through to Cockle Bay, and east-west from the CBD to Ultimo.
<img src="/images/stories/2012/12/icc2.jpg">
The project's commitments are fully underwritten, and Lend Lease will invest 50% of the equity alongside the national industry super fund for tourism and hospitality, HOSTPLUS, with debt being provided by a syndicate of local and overseas banks.
Lend Lease, which has the nearby Bangaraoo project, will also work with INSW to enter into project development agreements to develop a mixed-use site of approximately five hectares adjacent to the SICEEP site with an anticipated end development value in excess of $1.5 billion.
<img src="/images/stories/2012/12/icc1.jpg">
The mixed-use site includes a landmark hotel of up to 900 rooms and approximately 1,400 residential apartments, 23,000 square metres of student accommodation, 7,000 square metres of retail, 15,000 square metres of commercial space, a 400-bay public car park, and up to 2,000 square metres of community space and public realm upgrades.
Lend Lease Group chief Steve McCann, said the commencement of site works was scheduled for December 2013. 
The existing Sydney Convention &amp; Exhibition Centre will close December 2013. The new facilities and the improved public spaces at Darling Harbour will be opened in December 2016. Construction will commence on The Haymarket in 2014, allowing the existing Sydney Entertainment Centre to remain open until December 2015.
Premier Barry O’Farrell said today the transformation of a 20-hectare precinct at Darling Harbour would generate about $5 billion in economic benefit for NSW.
Click for the <a target="_blank" href="https://www.siceep.com/home/about-the-project/about-the-preferred-consortia.aspx">preferred consortia details</a>.
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Lend Lease wins $1 billion Darling Harbour project over Macquarie and Multiplex rival consortia

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Allans Music and Billy Hyde’s Sydney flagship stores will continue trading in their current locations after being leased by Australian Musical Imports.
The three sites are located in the Sydney CBD, Parramatta and Alexandria.
Managing director Peter Karam from Ray White Commercial Parramatta negotiated the deal.
Australian Musical Imports (AMI) successfully purchased the bulk of Allans Music and Billy Hyde’s failed assets earlier this month.
These include the trading names Allans Music and Billy Hyde, Allans Billy Hyde, Australian Music Group, Musiclink and Intermusic.
“AMI confirmed when it successfully purchased Allans Music and Billy Hyde that their flagship stores would continue trading,” says Karam.
The 1,200-square metre outlet at 108 Botany Road Alexandria has been leased for three years with an annual rent of $190,000.
The 1,300-square metre Sydney CBD site at 228 Pitt Street - located in a character building close to The Hilton - secured a five-year lease.
And the 1,500-square metre outlet at 1/197 Church Street Parramatta has been leased for three years.
The <a target="_blank" href="https://www.propertyobserver.com.au/retail/receivers-of-music-chain-allans-billy-hyde-to-close-all-27-stores/2012101757234">company collapsed earlier this year</a>, after an injection of capital failed to save the business and investors called in receivers.
Allans Music and Billy Hyde closed a total of 27 stores nationally.
“It’s another positive for these businesses that the new owners have secured new leases from their Sydney premises,” Karam says.
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ntrotman-Et3xWpamVh

Allans Music and Billy Hyde's Sydney outlets leased

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An Avalon property has been listed for sale with price expectations over $2.8 million.
Designed by architect Laurence Eastwood following his $90,000 land purchase in 1983, the still strikingly modern home, which almost appears suspended over the Pittwater bushland, it features a suspended fireplace in the open-plan living and dining room.
Located at <a target="_blank" href="https://www.realestate.com.au/property-house-nsw-avalon-112119855">38 Chisholm Avenue,</a> the four-bedroom, four-bathroom home offers twin views over Pittwater and the ocean.
Eastwood, who worked on the design in a number of films, including Crocodile Dundee 2, has his own architecturally designed home located on the western foreshores of Pittwater.
The <a target="_blank" href="/news">Avalon </a>house has a wine cellar, a home cinema, and an infinity-edge pool.
Located on 1,909 square metres, the property last sold in 2009 for $1,542,500 and before that in 2007 for $1,525,000.
Bill James from LJ Hooker Avalon has listed the listing.
It was around 2007 when Eastwood returned to architecture after a career designing for theatre, film and television.
Eastwood had studied architecture in London before taking up theatre design and production, migrating to Australia in 1970 where he joined John Bell, Ken Horler and Richard Wherrett in the formation of the Nimrod Theatre Company.
He later worked at Belvoir Theatre and the Sydney Theatre Company before then moving into the world of film and television.

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Laurence Eastwood-designed Avalon house listed for $2.8 million sale

<html><body>
Chateau Le Marais, situated 300 kilometres north of Sydney on Wallis Island, has been listed for sale.
It's an imposing neo-classical five-bedroom residence built of stone masonry on its 105-hectare estate.
<a href="https://www.harcourts.com.au/Property/426358/NCD2565/Sydney" target="_blank">Le Marais</a>, which comes with a 1.5-kilometre beach, is set with an orchard and botanical gardens.
There's also a savanna, and dry and sub-tropical forest, fringed by three ponds, two lagoons and wetlands.
There are deer that can be observed or hunted across the mid-north coast property.
Harcourts Chatswood agent Andrew Huang has the five-bedroom, seven-bathroom listing. The weekend classified paper gave its asking price as in the realm of $20 million.
Former Queen Street, <a href="/news">Woollahra</a>, antique dealers Andre and Cecile Fink appear to have offered the mansion for sale without furniture.
It's been their labour of love for 15 years, seemingly taking some inspiration from <a href="https://www.chateaudumarais.com/" target="_blank">Le Chateau du Marias</a>, the late 18th-century French castle that replaced the Huraults’ castle, of which nothing remains but the moats and the dungeon on the Marais. Henri Hurault was count of Cheverny and the military treasurer of King Louis XI.
The Wallis Island land cost $290,000 in 1996.
Elsewhere on the island, a 143-hectare parcel of land and an airstrip has been listed for sale. The north-facing site with wharf is surrounded by water and bushland.
It features a 1,500-metre long airstrip and hangar.
"I think it's everybody's dream to own their own private getaway, and this is one with its own airstrip no less," says Godfrey Franz at Matrix Property Group, the marketing agents for the island.
Although the private sanctuary has a master plan concept for a total of seven waterfront residential holdings. Some 87.9 hectares of land and 4.9 hectares of foreshore are zoned to be given back to the community to establish public amenity in the area.
Matrix Property is the marketing agency for the property in conjunction with Ray White Forster.
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Chateau Le Marais, the Fink family's Wallis Island $20 million mansion listing

<html><body>
Promoted by its listing agents as packed with possibilities, the almost nondescript Concord cottage that's been home to the Packed to the Rafters clan on the Channel 7 series was passed in at weekend auction.

The three-bedroom Sydney inner-west house, which has been leased for several years by Channel 7, passed in on a $1.2 million vendor bid after proceedings began at $1 million.

It last sold for $1 million in 2006.

But Riverview Street, <a href="/news">Concord</a>, isn't yet the equivalent of Melbourne's Ramsay Street.

Obviously fans drive by to see what is going on, but not with the force of international numbers that accompany the Neighbours location in <a href="/news">Vermont South</a>'s Pin Oak Court.

Packed To The Rafters premiered on Seven in August 2008 and has often been the Tuesday night highest rating show.

With its television future subject to speculation, the keenest weekend auction party wants to <a href="https://www.realestate.com.au/property-house-nsw-concord-112185419" target="_blank">bulldoze the Californian bungalow</a> and replace it with something contemporary.

The series follows the lives and challenges confronting the Rafter family, headed  by the parents Julie (Rebecca Gibney) and Dave (Erik Thomson).

<div class="story-promo story-promo-middle">[smartcode_project:default project_id=32227]</div>

Ready to become "empty-nesters'' after 25 years of marriage, the couple are forced to put their plans on hold when their two eldest children – Rachel (Jessica Marais) and Nathan (Angus McLaren) – move home.

Their youngest son, Ben (Hugh Sheridan), rented the nominal home next door with housemates Nick (George Houvardas) and Melissa (Zoe Ventoura),where there are the replicas of their houses.

Seven initially took a three-year rental on the Rafter family home on Riverview Street and kept it vacant. Title Tattle recalls its 2008 asking rental was $600 a week through Dean Kalos Real Estate.

The small rustic home has been freshly painted and the grass is fake – so that it always looks green.

It was offered for sale through Time Realty Five Dock agents Adam Scappatura and Frank Settineri.
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Concord's Packed to the Rafters house fails to sell

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Set on Sydney's Pittwater, Scotland Island – with a median house price of $573,750 – is New South Wales’s slowest selling suburb with an average of 229 days on the market, according to RP Data.
Following close behind is Peak Hill, the former mining town near Parkes, with a median price of $64,000 and an average of 228 days on the market.
In third place is Jindabyne, at the foot of the Snowy Mountains, with an average of 223 days on the market and a median house price of $339,000.
<table cellpadding="0" cellspacing="0" border="1"><tbody>
<tr>
<td width="106" valign="top">
Suburb
</td>
<td width="106" valign="top">
Postcode
</td>
<td width="106" valign="top">
Median Price
</td>
<td width="106" valign="top">
Time on market
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Scotland Island</a>
</td>
<td width="106" valign="top">
2105
</td>
<td width="106" valign="top">
$573,750
</td>
<td width="106" valign="top">
229
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Peak Hill</a>
</td>
<td width="106" valign="top">
2869
</td>
<td width="106" valign="top">
$64,000
</td>
<td width="106" valign="top">
228
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Jindabyne</a>
</td>
<td width="106" valign="top">
2627
</td>
<td width="106" valign="top">
$339,000
</td>
<td width="106" valign="top">
223
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Barham</a>
</td>
<td width="106" valign="top">
2732
</td>
<td width="106" valign="top">
$208,000
</td>
<td width="106" valign="top">
210
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Kandos</a>
</td>
<td width="106" valign="top">
2848
</td>
<td width="106" valign="top">
$156,000
</td>
<td width="106" valign="top">
205
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Clareville</a>
</td>
<td width="106" valign="top">
2107
</td>
<td width="106" valign="top">
$1,385,000
</td>
<td width="106" valign="top">
197
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Suffolk Park</a>
</td>
<td width="106" valign="top">
2481
</td>
<td width="106" valign="top">
$592,500
</td>
<td width="106" valign="top">
197
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Culcairn</a>
</td>
<td width="106" valign="top">
2660
</td>
<td width="106" valign="top">
$115,000
</td>
<td width="106" valign="top">
196
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Wolumla</a>
</td>
<td width="106" valign="top">
2550
</td>
<td width="106" valign="top">
$261,500
</td>
<td width="106" valign="top">
191
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Iluka</a>
</td>
<td width="106" valign="top">
2466
</td>
<td width="106" valign="top">
$295,000
</td>
<td width="106" valign="top">
191
</td>
</tr>
</tbody></table>
Source: <a target="_blank" href="https://www.rpdata.com/">RP Data</a>
Little-known <a target="_blank" href="/news">Yarrawarra suburb tops NSW's fastest-selling suburbs</a> 
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Scotland Island tops the NSW's 10 slowest-selling suburbs: RP Data

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<div>Yarrawarra - with a median house price of $655,000 - is NSW's fastest selling suburb with an average of 31 days on the market.</div>
<div>It's a little known suburb in the Sutherland Shire.</div>
<div>The nine sales this year have ranged between $590,000 and $880,000.</div>
<div></div>
<div>In second place is Hillsborough, near Newcastle, with a median house price of $355,000 and an average of 33 days on the market.</div>
<div></div>
<div>Sitting in third place is East Ryde with a median house price $934,000 and an average of 35 days on the market.</div>
<div></div>
<div></div>
<div></div>
<div>
<table cellpadding="0" cellspacing="0" border="1"><tbody>
<tr>
<td width="106" valign="top">
Suburb
</td>
<td width="106" valign="top">
Postcode
</td>
<td width="106" valign="top">
Median Price
</td>
<td width="106" valign="top">
Time on market
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Yarrawarrah</a>
</td>
<td width="106" valign="top">
2233
</td>
<td width="106" valign="top">
$665,000
</td>
<td width="106" valign="top">
31
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Hillsborough</a>
</td>
<td width="106" valign="top">
2290
</td>
<td width="106" valign="top">
$355,000
</td>
<td width="106" valign="top">
33
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">East Ryde</a>
</td>
<td width="106" valign="top">
2113
</td>
<td width="106" valign="top">
$934,000
</td>
<td width="106" valign="top">
35
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Loftus</a>
</td>
<td width="106" valign="top">
2232
</td>
<td width="106" valign="top">
$610,000
</td>
<td width="106" valign="top">
36
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Kotara South</a>
</td>
<td width="106" valign="top">
2289
</td>
<td width="106" valign="top">
$405,000
</td>
<td width="106" valign="top">
36
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Teralba</a>
</td>
<td width="106" valign="top">
2284
</td>
<td width="106" valign="top">
$316,000
</td>
<td width="106" valign="top">
38
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Yellow Rock</a>
</td>
<td width="106" valign="top">
2777
</td>
<td width="106" valign="top">
$452,000
</td>
<td width="106" valign="top">
39
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Heathcote</a>
</td>
<td width="106" valign="top">
2233
</td>
<td width="106" valign="top">
$610,000
</td>
<td width="106" valign="top">
39
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Crows Nest</a>
</td>
<td width="106" valign="top">
2065
</td>
<td width="106" valign="top">
$1,100,000
</td>
<td width="106" valign="top">
40
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Jannali</a>
</td>
<td width="106" valign="top">
2226
</td>
<td width="106" valign="top">
$630,000
</td>
<td width="106" valign="top">
41
</td>
</tr>
</tbody></table>
</div>
<div></div>
<div>Source: <a target="_blank" rel="nofollow" href="https://www.rpdata.com/" style="outline-style: none; outline-width: initial; outline-color: initial; text-decoration: underline; color: #6888b1;">RPData</a></div>
<div> </div>
<div>
<a target="_blank" href="/news">Scotland Island tops NSW's 10 slowest-selling suburbs.</a> 
</div>
<div></div>
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