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

Joel Robinson

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

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

Goldfields sets the stage as Quartet Milton launches

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

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

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

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

<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.

[smartcode_project:default project_id=509 project_image_fid=365684]

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;

[smartcode_project:default project_id=509 project_image_fid=365687]

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.

[smartcode_project:default project_id=509 project_image_fid=365689]

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.

[smartcode_project_cta:default project_id=509]

Heritage-led design anchors Far East Consortium’s 640 Bourke St, Melbourne

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

&nbsp;

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Staff Writer

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

Off-the-plan property explained: What is stamp duty?

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Stud cattle breeders Peter and Margie Mullins are selling St Clair, their 1882 Victorian homestead on 101 hectares at Lake Bathurst.
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The mansion, located on Braidwood Road some 80 kilometres north of Canberra, has eight bedrooms and four bathrooms. 
It was built for the Badgery family, who left the property in 1904.
The property has had four owners since including the Coombes family until the early 1920s during, which it was known as Font Hill.
The story goes that the Coombes spent half the year in Italy and introduced the Italian influence of the terracing in the garden.
The Maple-Brown family took over from the Coombes for the next 20 years and developed the Font Hill merino sheep bloodline.
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Upstairs pictures on page 2
 
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The Crace family purchased the property in 1944 after selling the last leases of their family property, Gunghalin Station, in the ACT.
The Craces renamed the property Bongalabi in 1959 as the Maple-Brown family took the name Font Hill when the family and merino stud moved to Springfield some 10 kms away.
The current owners purchased the property in 1985 and developed one of Australia’s leading poll Devon cattle studs.
The garden comes with more than 400 rose bushes amid seven acres (2.8 hectares) of parkland-style grounds developed over 120 years, and for two decades part of Australia's Open Garden Scheme.
The grounds comes with ant-bed tennis court built in the 1920s, original coach house comprising tool shed, garages, tack and feed rooms, along with three stables, large sand round-yard, standard sand dressage arena, machinery shed and six horse paddocks.
There are two weatherboard 1940s cottages that are currently tenanted.
<a target="_blank" href="https://www.tronnalstergren.com/index/stclairlakebathurst">St Clair </a> is listed with Helen Cheetham and Tronn Alstergren of Tronn Alstergren Real Estate at $2.85 million.
They suggest while the offering is currently home to a Devon cattle stud, St Clair would be an equally fine sheep property. A further 927 acres (375 hectares) is available on separate title, including cattle yards for 300 head and a four-stand woolshed.
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St Clair, an 1882 grand Victorian homestead listing at Lake Bathurst

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The Hermitage, the 1840s Denistone colonial homestead built for merchant John Blaxland, the eldest son of the explorer Gregory Blaxland, has been listed for auction.
The seven-bedroom, five-bathroom house has all the classic hallmarks of Georgian colonial architecture, including high ceilings, ornate cornices and marble fireplaces.
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The John Bibb-designed house, conserved with input over the years by Clive Lucas and Partners and Perumal Murphy Wu, is a rare survivor from the early settlement period of Ryde, being one of about five pre-1850 buildings surviving in the municipality, which ranks as the second oldest farming settlement area near Sydney, after Parramatta.
"The Hermitage has weathered well," says the NSW Heritage website.
The hilltop house, with views to the Blue Mountains, sits on a 7,096-square-metre holding that's been subdivided off its larger holding by developers Maksim Holdings and Denistone Corp.
More pictures on page 2 
 
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It was in 1813 when Gregory Blaxland led the first known European expedition across the area of the Great Dividing Range, now known as the Blue Mountains along with William Lawson, and William Charles Wenwtorth, on a journey that opened up the inland of the continent.
The property developers, who have restored the homestead over the past three years, expect more than $3.5 million through <a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/house-denistone-nsw-2114/151160">McGrath</a> agent Wayne Vaughan at its September 29 auction.
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The development site was initially sold by the CSIRO in 2000 for $3.1 million. It had previously been the home of the Scobie family for a long time. 
The colonial homestead was built between 1838-42 and sits on a high point in the Denistone/Ryde area.
It has its own <a href="https://en.wikipedia.org/wiki/The_Hermitage,_Ryde,_Sydney">Wikipedia</a> page outlining that John Blaxland was born in 1799 in Kent, England.
The family immigrated to Australia in 1805 and John's father, Gregory, bought land in Ryde and built Brush Farm, which also still stands.
<img src="/images/stories/2012/09/hermitage3.jpg">
Shortly after The Hermitage was built on its 48-hectare holding John Blaxland married in 1845.
John and Ellen Blaxland had six sons and three daughters, all of whom were born at The Hermitage.
The Hermitage was the residence of the Blaxland family until the death of John Blaxland in 1884, as his widow, Ellen, took up residence with her daughter Lucy at  Minimbah in Longueville.
<img src="/images/stories/2012/09/hermitage4.jpg">
The Hermitage lay virtually unoccupied until 1905 – two years after Ellen's death.
Professor James Pollock, who held the chair of physics at the University of Sydney, bought The Hermitage in 1910 and lived there until his death in 1922.
The Nicholson family bought it in 1923 and sold it on two acres in 1952 to the CSIRO, and the house became its wool textile research laboratory unit.
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Blaxland's well-weathered Hermitage still gets Blue Mountain views

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Commercial property investors James Dawson and Anthony?Pangallo are selling Koreelah, their five-bedroom 1905 Byron Bay hinterland farmhouse. 
It's an original Arts and Crafts-style house nestled on the hill below St Helena at Skinners Shoot.
All its rooms home featuring mahogany and teak floors and rosewood detailed ceilings open onto verandas.
The location was first settled in 1890, with the 1905 house trading for the only time in 1998 when bought from the original owners, the Raywards, one of Byron’s oldest families .
It had a sympathetic renovation to make it all quite luxurious.
There's a pool in its  two-hectare Skinners Shoot Road grounds. 
Its short stay rates are from $750 per night in the low season to $1,500 per night in the peak.
The property is listed through <a href="https://www.uniqueestates.com.au/Homes/Detail.aspx?id=ue277&amp;wlid=ea8be237-2fbf-4c6e-b7b1-b3632ce8033f">Nicolette van Wijngaarden of Unique Estates </a> with $5 million-plus hopes when expressions of interest close October 31.
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Koreelah, authentic Arts and Crafts home at Skinners Shoot

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Long-established horse riding school Samarai Park in Terrey Hills, NSW, has been listed by LJ Hooker with a $3 million price guide.
Located at 90 Booralie Road Terrey Hills, just 20 minutes from the Sydney CBD, Samarai Park offers expansive northerly bushland views over its two-hectare holding.
The horse riding school opened in 1956 and still offers agistment, lessons, riding camps and children’s birthday parties.
Samarai Park was founded by Thelma Budrodeen.
Her most prized assistant was the white Arab-Crossed horse named Bell Boy who was used to teach children to ride.
Samarai Park was the first registered riding school with the Equestrian Federation of Australia (EFA), and Budrodeen received a Medal of the Order Award (OAM) for her charity work with the Riding for Disabled Association.
The property was sold by the Budrodeen family in 1998 for $1.25 million, with it onselling again in 2000 at $1.6 million.
Samarai Park is now owned by the Frawley family, who bought the park in 2007 for $3.28 million.
It still operates as a riding school and offers boarding for horses for $235 per week. Float storage is also available for an extra $15 per week.
Samarai Park is centred close to the Ku-ring-gai Chase National Park, with direct access to national park riding trails.
The property comprises of an office and shops, staff quarters/self-contained flat, two full-size dressage arenas and a full-size jumping area with lighting.
Samarai Park has 33 stables, 24 day yards, tack, feed and storage rooms, a lunging area, wash bays and three work sheds plus a dam.
The three-bedroom home located on the property consists of a study, two bathrooms and an outdoor swimming pool. The outside parking accommodates for 20-plus vehicles.
Despite the increased residential density in the district, Property Observer looked at six riding schools operating nearby in the mid-1980s and found that four are still operating today.
Boonaroo Riding Club in Terrey Hills has since changed its name to Green Fields Equestrian Centre, but Otford Valley Farm, Palomino Corral Riding School in Belrose and Scenic Hills Riding Ranch in Ingleburn are still operating under their original names.
Jackeroo Ranch in Kenthurst is no longer operating after a bushfire in 2002 ripped through the property and destroyed the ranch. Jackeroo Ranch was a respected tourist facility established in 1961, and the iconic house on the property was used in the pilot for the television series Home and Away. Wayandah Riding School in Ingleside has since closed down.
Many of the districts horse related proeprties participate in The North Shore Horse and Pony Association, which was formed in 1975 to ensure that horses and horse-riding activities continue to form a vital part of the community.
Samarai Park has been listed for sale by Kevin Packham from LJ Hooker Terrey Hills.
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Samarai Park riding school on Sydney's outskirts listed

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Forget chic Bondi Minimalism, Australia’s most extravagantly gaudy home has been discovered, given it's been listed for sale.
With peacocks, mermaids, statues and chandeliers aplenty, one Bondi chiropractor turned a late 1800s four-bedroom home into a real-life house of almost hallucinatory showiness.
And it can be bought in one line!
Over the past 35 years, vendor Kevin Du Val has pumped more than $1 million of trinketry, tack, pomp and artifacts into this cabinet of curiosities.
The former saddlery, butcher's shop and grocery store now includes a 270-year-old chandelier, various taxidermies, painted leadlight windows and an impressive collection of assorted gaudy antiques.
In the courtyard, a statue of Poseidon looms over a heated spa, which is festooned with crude ocean scenes.
Inside the pink and purple lounge room, a cast iron spiral staircase leads up to a cosy attic bedroom dominated by what looks like a fox fur-covered bed.
Du Val has been using the home as a part residence, part studio for his osteopathy, iridology (diagnosing ailments from the shape and colour of a person's eyes) and chiropractor business.
The ostentatiously ornamented property is being listed for sale by Troy Deviesseux from Ray White Wentworth Point.
“You’d be hard pressed to find another property like this,” Deviesseux says.
He is looking to sell the property for upwards of $2.5 million, not including the furnishings.
“That doesn’t include the furnishings and the various artworks which give the property its character.”
“The first preference would be for it to sell as one package, which would be worth in the high $3 million.
He insists the property has had strong interest for its October 12 auction.
“The interest comes from collectors mainly. People who have an art collection and people who are just looking for something a little bit different.”
Du Val has set the 205-square-metre property up as a three-bedroom house, with the fourth used as his practice.
Pressed metal front doors lead into a formal entry. Downstairs is a formal lounge with a mahogany bar, a formal dining room and an eat-in kitchen.
Upstairs are three bedrooms, a TV rooms and a main bathroom. There is an upstairs terrace that looks down onto the courtyard.
There are four open fireplaces spread throughout the property.
The sale includes parking for up to three vehicles.
Du Val says he created the home around his artworks.
The decision to sell had been a difficult one, Du Val told News Limited
"It's fairly emotional, probably more so than I'm letting on. But sometimes you just need a change and it's just time. They say the two most difficult things you can go through in life are selling a home and getting divorced, and this is like both."
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Australia’s most extravagantly gaudy home for sale

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Photographer Chris Colls and his wife, Ferne, have listed their Harry Seidler-designed Gissing House at Wahroonga.

They bought it in early 2008 for $2.66 million from the restauratuer Bill Granger and his wife, Natalie Elliott, who had bought it a few months earlier from the Gissing family at $2.65 million.
The Colls had a brief attempt in late 2010 to sell <a target="_blank" href="https://www.modernhouse.co/property/1134264-gissing-house">the 1972 house </a>with $2.9 million-plus hopes.
The house, which sits on a private 1,688-square-metre Water Street holding, reportedly attracted attention from actor Eric Bana at the time. Other lesser entertaiment industry stars, Tom Williams and Tim Ross, were also spotted at its then open for inspections. 
It's now listed through Marcus Lloyd-Jones at Modern House Estate Agents.
The five-bedroom, three-bathroom house – built for a family of five – remains in original yet modern condition.
The large, lofty lounge, with fireplace and wet bar, flows to a north-facing terrace, pool and level lawn. 
The original landscape scheme by landscape architect Bruce Mackenzie has been maintained through the decades.
The interiors feature oak ceilings, concrete pillars, quartzite floors and walls of glass opening outdoors.
The three-level residence came to be after Janet Gissing came to admire Harry Seidler’s architecture.
Her husband, John Gissing, bought land at Wahroonga and as dinner guests at the Seidlers in the Harry and Penelope Seidler House, they asked Seidler if he could design them a house just like theirs.
The family live there until its 2008 .
The couple operate an international company, with Ferne, the CFO at Chris Colls Photography.
Photography: ©<a target="_blank" href="https://www.chriscolls.com/"> Chris Colls</a>
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Harry Seidler's Gissing house at Wahroonga listed 

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A newly designed Andrew Tzannes home in Cammeray has been listed for sale with $3 million-plus hopes.
The two-level, four-bedroom, four-bathroom abode has sleek interiors with about 330 square metres of space internally.
Its master bedroom suite comes with terracing.
Justin Ferguson at <a target="_blank" href="https://www.justinferguson.com.au/index.cfm?pagecall=property&amp;propertyID=2147425&amp;realestate=9_Alan_Street_CAMMERAY_NSW_2062&amp;menuItemID=">Justin Ferguson Property Specialists </a>has the Alan Street listing which comes with striking bitumen shingled mansard roofing. Interiors were done by Julia Ferguson Interiors.
The 467-square-metre block cost $1.5 million in 2010 when bought by Russell Barwick, the ESPN sports broadcaster and his wife, the onetime account director with Clemenger Communications, Suzanne Ferguson.
Andrew Tzannes is the design director at <a target="_blank" href="https://www.s-tz.com.au/projects/single-dwelling/item/64-alan">Smith &amp; Tzannes</a>. Prior to Smith &amp; Tzannes Andrew had 10 years of experience with the renowned architects Alexander Tzannes and Associates.
The house was one of the first developments done in Cammeray under the new complying development regulations. 
<a href="https://www.planning.nsw.gov.au/LinkClick.aspx?fileticket=YmguXBS4GJI%3D&amp;tabid=104">https://www.planning.nsw.gov.au/LinkClick.aspx?fileticket=YmguXBS4GJI%3D&amp;tabid=104</a>
 
 
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Andrew Tzannes Cammeray design home listed by ESPN sports presenter Russell Barwick

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There is a diverse array of homes and apartments to buy under the magical $300,000 mark, according to valuers from Herron Todd White (HTW).
According to July ABS housing finance figures, the average size of an owner-occupier home loan in Australia fell $1,100 over the month to sit just above this benchmark at $300,500.
In Sydney, recommendations range from studio apartments in the highly regarded inner suburbs of Potts Point, Darlinghurst and Surry Hills to less fashionable 1960s and 1970s units in The Shire.
Current listings under $300,000 include this Potts Point north-facing studio (pictured below) with “a pleasant outlook over a common courtyard and located only minutes to the action and chic nightlife off Potts Point or Darlinghurst”.
<img width="470" src="/images/stories/2012/09/wardave.jpg">
It is being offered for sale by James Peach from BresicWhitney Estate Agents Darlinghurst, who is seeking offers in excess of $245,000. It last sold for $166,000 in September 2005. Local agents Laing Real Estate have no listings under $300,000 on its website, but did sell an <a href="https://www.laing.com.au/wp-content/plugins/Realty/display/elements/print_property_pdf.php?property_id=154387">$280,000 Roslyn Gardens </a>studio Aquarius apartment earlier this year. It was a 26 sq m apartment which was shortly after available for $320 a week.
For investors looking for something around $300,000 mark in the Shire, Justin Buck from Cronulla Real Estate is offering a one-bedroom apartment in an older-style brick block of 10 with an asking price of $310,000 (pictured below). The property last sold for $114,000 in 1997. It sold for $18,500 in 1976.
<img width="470" src="/images/stories/2012/09/croydonst.jpg">
According to <a target="_blank" href="https://www.htw.com.au/">HTW</a>, rental returns for a $300,000 investment can be fairly attractive in inner Sydney.
“You can generally expect to get a 5% to 7% rental return on your property and vacancy rates are extremely low for most areas of inner Sydney.
“The type of property purchased at this price point is likely to be low maintenance due to the basic level of accommodation being either a studio or one-bedroom unit.”
HTW says it sees many investors at the $300,000 price point lured in by these low vacancy rates and good yields and they therefore tend to dominate this price point.
“The downside of investing in these types of properties is the relatively low capital growth.”
Here’s a rundown of what you can buy with $300,000 in your “Hello Kitty coin purse” in NSW:
1. Cronulla (southern suburbs): a basic 1960s or 1970s with no car accommodation
2. Lakemba and Wiley Park (outer inner-west ring suburbs):  standard two-bedroom unit with a car space
3. Potts Point, Darlinghurst and Surry Hills (inner city): a studio unit of 30 square metres or less
4. Ultimo (inner city): Accommodation in Unilodge complex is leased to students with prices starting from $160,000 for a 14-square-metre, very basic room
5. Penrith and St Mary’s (outer west): plenty of two- bedroom units under $300,000. However, in certain pockets just under $300,000 can secure an entry-level dwelling (fibrous or vinyl clad) on a good-sized land parcel.
6. Blacktown/Mount Druitt (outer north): units in this price range with $350 to 400 per week
7. Liverpool and Fairfield: lots of affordable units under $300,000, with a high rental return and plenty of public transport and shops, investors and first-home owners are potential buyers
8. Wollongong: older-style houses in southern suburbs such as Unanderra, Cringila, Berkeley, Warrawong, Dapto, Warilla, Mount Warrigal and Barrack Heights. These will generally be 1950s to 1960s brick or fibro two and three- bedroom dwellings in fair condition and without major updates. Those properties closer to the beach offer better long-term capital growth and rental returns of around 5% gross.
9. Wollongong CBD and North Wollongong: One and two-bedroom units. These will be older 1960s to 1970s walk-up style units generally with off street or single car parking.
10. Central Newcastle: Around $300,000 will buy you an older style small unit comprising one or two- bedrooms.
11. Kurri Kurri, Weston, Cessnock, Medowie and Telarah (Newcastle satellite areas): entry level properties
12. Wyong (central coast): recent sales under $300,000 include an older, three- bedroom home with garage and carport, a two- bedroom villa
13. Halekulani, next to Budgewoi (central coast): bursting with properties priced at around the $300,000 mark, with HTW calling these two locations “the unsung heroes of the region” with good shopping, schools, lake and beaches. A partly renovated three-bedroom hardiplank with garage recently sold for $281,000, which HTW says is a good representation of the values. Gross yields in this area are approaching 6%.
14. NSW mid-north coast: Houses can be picked up for $215,000 in Taree and $200,000 in Kempsey. In both of these inland centres vacant land typically sells for around $75,000 to $125,000, meaning “all but the most modern of dwellings can be acquired for under $300,000". HTW says former Department of Housing dwellings usually sell for under $150,000 while a wide selection of houses dating from the 1960s and 1970s are affordably priced at around $200,000.
15. Taree West: HTW recommends solid 1980s brick houses in and around Ritchie Crescent that are priced around $225,000.
16. Port Macquarie: detached houses are limited to smaller, older houses in central locations around Hills Street and Hudson Avenue. “We consider these quite reasonable value for money given their good location and potential for redevelopment,” says HTW. Alternatively the valuation firm says location can be traded for comfort, and a small modern three- bedroom single garage house on the city fringe in areas near Sherwood Road or Greenmeadows Drive on small blocks of land under 400 square metres in size.
17. Forster: a wide selection of small dated houses on small blocks that can be acquired for around $225,000 in and around Short Street. HTW recommends property in and around Forster Primary School for just under $300,000.
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From Potts Point to the central coast: 17 property investment options in NSW for under $300,000: HTW 

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With all its media attention on the Bondi Beach unit measuring just 16 square metres, 14/68 Gould Street's auction offering ended up as a no-bid auction.
Marketed as Sydney's tiniest apartment, it had $270,000 price hopes -  about $17,000 a square metre.
It has been recently rented at $300 a week, and RP Data records show at around $190 a week five years ago.
At $270,000 it would represent a gross 5.7% yield.
The property last traded for $165,000 in 2001, and before that $100,000 in 1999 and $96,000 in 1996.
The block's most recent studio sale was January when the 16-square-metre unit 9 sold fetched $220,000, having initially sought $300,000 – and it was available for rent recently at $280 a week. It had been available for rent at $190 a week five years ago.
Before that the 18-square-metre unit 22 sold for $210,000 in August 2010; the 18-square-metre unit 8 fetched $230,000 in 2010, and the priciest of 16-square-metre units, number 15, sold for a record $240,000 in 2009.
<a href="https://www.domain.com.au/Property/For-Sale/Studio/NSW/Bondi-Beach/?adid=2009930696" target="_blank">The listing, </a> described as ''intimate'', was through Kiel Glass of Ray White Balmain, who had previously worked in the Bondi region.
"Some of the media might have scared off interest," he said yesterday, confirming just the two registered bidders attended the auction.
The kitchen space comes with a sink, a brown bar fridge, a plywood box pantry with a curtain, a couple of cupboards and an electric oven with two hotplates.
The mirror on the back of the door adds to the illusion of space. The laundry is communal, as is the rooftop terrace.
"This is an ideal chance for the first-home buyer or an astute investor seeking a beach pad and looking to enter a blue-ribbon beachside locale," Glass says.
Off-the-plan Bondi Beach prices tipped $45,000 a square metre last weekend in sale at the <a target="_blank" href="https://www.propertyobserver.com.au/developments/pacific-bondi-beach-buyers-riding-the-property-wave-through-to-the-2015-tide/2012090956465">Campbell Parade Pacific Bondi Beach </a> development.
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Old-fashioned studio fails to ride the Bondi Beach property wave

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The Retford Hall, Darling Point, penthouse of the late retailer arts philanthropist Mollie Gowing has been sold for $5.7 million.

Occupying the entire 18th level of the Thornton Street high-rise tower,<a target="_blank" href="https://www.propertyobserver.com.au/https://www.raineandhorne.com.au/doublebaybondibeach/properties/234920"> the four-bedroom penthouse </a> was on the market for the first time in 30 years.
It sold at auction last night through Cooley Auctions. There were three bidders after five contracts. Bidding opened at $4 million, with two bidders taking its passed the undisclosed reserve.
It has about 260 square metres of indoor-outdoor living space with harbour views.
It had overly ambitious $7 million expectations when listed for November auction last year.
It was listed by Tony Barron at Barron &amp; Dowling Real Estate.
"This dream blank canvas combines house sized proportions with panoramic point blank views of Sydney Harbour," according to Daphne Sauvage, the Raine &amp; Horne Double Bay conjunction selling agent.
 
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