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.

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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."

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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.

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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, 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.

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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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Socceroos goalkeeper Mark Schwarzer, who plays in the English Premier League with Fulham, has listed Boongarre, his Watsons Bay property, for rent at $3,500 a week, which is a snip compared with the $10,000 being sought for the nearby Vaucluse residence, Coolongatta, the Vaucluse four-bedroom Art Nouveau waterfront.
<a target="_blank" href="/news">The Schwarzer harbourfront property has been on the market with price hopes of more than $12 million through Pillinger Real Estate</a>, but it hasn't sold so Schwarzer is now seeking a tenant. The two-storey, five-bedroom, four-bathroom weatherboard house sits on a 1,214-square-metre Pacific Street block.
Schwarzer bought Boongarre for $10.2 million in 2009.
Schwazer and his wife, Paloma , who are staying in Europe, had it previously available for rent in March last year at the same asking price.
Boongarre was the childhood home of the renowned author Christina Stead, and it was owned by the Stead family from 1918 until 1980, when it was bequeathed to the National Trust.
It’s for lease through Camilla Piggott at Laing + Simmons Double Bay Executive Leasing.
Coolongatta, the Vaucluse waterfront that last sold at $10.5 million in 2002 to the Dalley family, is a 1,750-square-metre Coolong Road property. It’s best remembered for its $5.25 million sale in 1987 by the stockbroker Anthony Crichton-Brown to stockbroker Brent Potts, who sold in 2000 for $8.5 million.
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jchancellor-FAypfDUnLy

Socceroos goalkeeper Mark Schwarzer passes Watsons Bay home to rental market after buyers play hardball

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The small coastal Sydney suburb La Perouse has recorded its first house sale since mid-2010.
An architectural designed Endeavour Avenue house overlooking Frenchmans Bay sold for $1,595,000 last week. 
It was bought by the Channel Nine television sports identity Tim Gilbert and his wife, Josie who recently sold their Maroubra home for $1.16 million through Raylean Ellison of Ellison Zulian Property.
<img src="/images/stories/2012/07/laperouse.jpg">
Starting off with a $2 million-plus asking price, the property had been on the market by the Reid family for 460 days with two different agencies and two auction campaigns before selling last month through private treaty.
<img src="/images/stories/2012/07/laperouse2.jpg">
Its McGrath selling agent said it was hard to set a price due to the lack of comparable sales in the area.
The suburb notched up its first $1 million-plus sale in 2002. There have been six subsequent sales, with the highest price being $1.6 million in mid-2010, the suburb’s last house sale.
The Endeavour Avenue house previously sold in 1999 at $540,000.
<img src="/images/stories/2012/07/laperouse3.jpg">
The sale of the water-view contemporary four-bedroom home has been heralded as a sale that will start a significant demographic change in the next few years in the district, which has just 86 residential properties.
<img src="/images/stories/2012/07/laperouse4.jpg">
"As the older generation starts to sell up and move out, you'll see real change here. It will be really exclusive," selling agent Damon Anasta said.
"Like in Kangaroo Point (in Sydney’s Sutherland Shire), the change will happen almost overnight," he told the Southern Courier.
Within a stone’s throw of the developing infrastructure and amenities of neighbouring Little Bay, La Perouse is 14 kilometres from the CBD.
Randwick Council has recently upgraded the foreshore. The La Perouse tram line from the inner city closed in 1961 after about six decades in operation.
Anatsa door-knocked every house in Endeavour Avenue after he listed the recent offering but didn’t find any other home owners interested in selling.
“The most common response was: ‘You’ll carry me out in a box!’”
Presumably the reason no plans are yet mooted for McGrath to open its 49th office at La Perouse.
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Sportscaster Tim Gilbert puts La Perouse back on track after first house sale in two years fetches $1,595,000

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Tanderra, one of Sydney’s few remaining houseboats and which dates back to the 1920s, has been listed for August 4 sale.
It was one of 32 houseboats moored in Middle Harbour near The Spit at Pearl Bay during the 1930s depression, but now there’s just four.  
A Mosman heritage study said the houseboats were "rare examples of a now unconventional form of living still in use".
 Maureen Young's Pearl Bay houseboat, aka HB8, has been listed after securing a 40-year lease with Roads and Maritime Services.
<img src="/images/stories/mosman/mosman.jpg" alt="mosman" width="470">
There was recent controversy when the Mosman deputy mayor Simon Menzies suggested it should be "towed out to sea and sunk" given its was a visual eyesore.
“It is visual pollution in one of Sydney’s most picturesque bays,” he said.
Young told the Mosman Daily it was badly in need of a makeover but she had been unable to renovate until security of tenure was finalised.
Young paid about $150,000 in 1983 and then rebuilt the 65-tonne pontoon. Its listing agent Sandie Dunn says Young bought the houseboat from adman John Singleton who then went onto buy the much-publicised Spec houseboat.
Tanderra is an Aboriginal word for resting place.
When the war began in 1939, there were 15 houseboats remaining on Sydney Harbour and then immediately after, with a housing shortage and high rents, houseboat applications soared.
The biggest houseboat colonies were on the Parramatta River, near Gladesville Bridge and Meadowbank, and on the Hawkesbury River at Berowra Waters. Catalina flying boat hulls were often used.
<img src="/images/stories/2012/07/houseboat.jpg">
There are three houseboats at Pearl Bay, including Spec and Lodestar, and a houseboat moored at Clontarf. The last known houseboat sale was Spec, an Ian Kiernan-designed floating home, in 1996.
Its listing agent Sandie Dunn won't be drawn on price.
<img src="/images/stories/2012/07/houseboat2.jpg">
Dunne, of Dunne Mosman, says the value of the houseboat was not in its structure but in the length of its lease and existing use rights status.
 <img src="/images/stories/mosman/more_mosman.jpg" alt="more_mosman" width="470" height="313">
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Pearl Bay, Middle Harbour houseboat Tanderra, which dates back to the 1920s, listed for auction

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The redundant Dover Heights home of Channel Seven Price Is Right presenter Larry Emdur – passed in on a $3.8 million vendor bid at its May auction attempt – has been sold.
No sale price has been revealed by the gameshow host.
It's taken nine months – with the ocean clifftop property initially listed for sale late last year after Emdur and his wife, Sylvie, upgraded to a $6.8 million Dover Heights clifftop residence.
<a href="https://www.propertyobserver.com.au/https://www.propertyobserver.com.au/auctions/larry-emdur-withdraws-redundant-dover-heights-holding-from-weekend-auction/2011102852109" target="_blank">Last October when Emdur pulled the house from auction</a> its price hopes were around $5 million.
The extensively renovated P &amp; O-style house was relisted recently with Daniel Baran and Reece Coleman of BHR Estate Agents, who had $4.2 million hopes.
It is set on 417 square metres, whereas the <a href="https://www.propertyobserver.com.au/https://www.propertyobserver.com.au/residential/larry-edmur-says-good-morning-to-breathtaking-cliff-top-property/2011090251402" target="_blank">Emdurs’ new home is on 1,062 square metres of clifftop land.</a>
The Emdurs have owned at Dover Heights since 1994 when they spent $770,000 on another clifftop property.
Baran's last landmark sale in Dover Heights was in late 2010 when $5.05 million was secured for the iconic Butterfly House on Military Road designed by Ed Lippman.
It had views over Sydney Harbour to the Bridge and Opera House. 
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After nine months, gameshow host Larry Emdur finally secures his desired Dover Heights price, but keeps it secret 

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The Carss Park mansion of the champion boxer Kostya Tszyu and his wife, Natasha, is under offer after its weekend auction following post-auction negotiations.
It had been listed with $3 million-plus auction hopes and passed in at $3.25 million through Mark Kourouche of First National Real Estate Greenacre.
There were six registered birders, with four bidders involved.
The highest price paid in Carss Park was $2.45 million in late 2008 for a five-bedroom, seven-bathroom house on a 1,865-square-metre Gnarbo Avenue block.
The Russian-born Tsyzu has never officially retired, although he hasn't fought since 2005.
<a target="_blank" href="https://www.propertyobserver.com.au/new-south-wales/boxer-kostya-tszyu-seeks-to-knock-out-carrs-park-record/2012062655273">His six-bedroom, eight-bathroom residence </a>has been renovated and extended since the couple bought it for $785,000 in 2000. He had previously lived at Sans Souci.
The 2,400-square-metre Benwerrin Avenue property has resort-style facilities including a tennis court and heated saltwater pool.
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Boxer Kostya Tszyu’s Carss Park mansion under offer as former champ aims to knock out suburb record

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Seven Gables, a 1902 English Revival-style Chatswood house, has been listed for sale with $2.4 million-plus hopes.
Set on 1,391 square metres, it last sold in 2005 at $1,800,120. And before that at a record $1.7million when bought by the Cambridge family in 2002, some 22 years after it set an earlier suburb record of $200,000.
<img src="/images/stories/2012/07/sevengable.jpg">
The Mowbray Road house was originally built on 2,500 square metres for the German accountant Albert Borchard and his wife, Phoebe, who sold after building another new house in Wollstonecraft  in 1910 to flour miller Daniel Cadwallader for £2,000.
Borchard had migrated to Australia in 1884 and travelled across NSW to do the books for a number of country stores, and was regarded as the king accountant of Sydney when he died in 1926.
He’d nostalgically named his new house Heidelberg, after the town where he grew up.
During World War I, Cadwallader changed the house's name from Heidelberg to Werribeen.
The name changed later to Seven Gables arising from its distinctive hipped roof.
The lot dates back to the initial 65-hectare 1940 Crown grant made to James Blackett and Richard Read and then its 4.8-hectare sale to a local farmer, Frederick Holland, in April 1902.
It was named Oakfield Estate with its smaller building parcels hived off at a time that the road was a dirt thoroughfare.
A fire gutted the roof of the property three years ago which triggered its lengthy restoration.
Seven Gables was approved for classification by the National Trust in 1983, as it was considered "an important and extremely interesting house for its period, being of a more modern architectural style than the Federation-style houses of the same period which surround it".
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Chatswood 1902 house Seven Gables listed with $2.4 million-plus hopes

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Breakfast radio star Jackie O and her husband Lee Henderson have listed their cosy farmhouse with breathtaking views over Kangaroo Valley.
With wide wrap-around verandas, Glen Athan is marketed as being one of the NSW South Coast's most stylish country properties.
It's been their retreat since the land was bought in 2005 and<a target="_blank" href="https://www.propertyobserver.com.au/new-south-wales/2day-fm-s-jackie-o-buys-family-home-in-vaucluse-with-five-bedrooms/2012062255231"> its listing follows their recent Vaucluse purchase.</a>
It's been marketed through Shaine Hilaire at Ray White Berry, who has issued four contracts after 15 inspections over the past month.
Blending Australian homestead heritage design and contemporary luxuries, the six-year-old house comes with wide-board flooring, timber-lined walls and ceilings, South Australian slate hearths and 150-year-old convict-hewn sandstone. There are four bedrooms and three bathrooms - all with underfloor heating. The master bedroom comes with open fire, ensuite bathroom and private wardrobe area.
It has a bespoke kitchen featuring marble benchtops and walk-in pantry; a scullery; and a laundry and mud room. There’s also a library with custom joinery and fireplace, a large open study area and a separate home office.
The 42-hectare retreat comes with a “world-class” resort-style swimming pool with district views. There’s an entertaining courtyard nearer the house with a pizza oven facility.
Its one of the 100 properties within the unspoilt Wattamolla Valley, where prices in recent times have ranged upwards of $3 million, albeit for Gladstone Estate, the district’s 203-hectare holding, which sold last year with development approval for nine small lifestyle blocks and four large parcels over 40 hectares.
The farm, through which Ryder’s Creek flows, comes with a fully irrigated kitchen herb garden along with a 90,000-litre underground rainwater tank plus 10,000-litre spring-fed tank for garden watering. There’s a fox-proofed chook shed and fully fenced paddocks.  
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Jackie O lists cosy Kangaroo Valley farmhouse after Vaucluse acquisition 

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Hollywood actor Julian McMahon and his two sisters are set to share the $6.25 million sale proceeds of their late mother, Lady (Sonia) McMahon’s Bellevue Hill home.
It sold last week, some three months after the Victoria Road residence was passed in on a $5.9 million auction bid.
The Australian actor and former fashion model has an older sister, Melinda, and a younger sister, Deborah.
Lady McMahon, widow of the former prime minister Sir William McMahon, was 77 when she died in April 2010.
Last traded for $3 million in 1991, <a href="https://www.propertyobserver.com.au/new-south-wales/nip/tuck-julian-mcmahon-lists-mother-lady-sonias-second-home-title-tattle/2012022153490">the French Riviera-inspired residence</a> was built on its 1,252-square-metre hillside holding.
It was listed through Sally Hampshire of Laing+Simmons Double Bay and Victoria Morish of Di Jones Real Estate.
Her earlier nearby Bellevue Hill family home sold in May last year for $9 million. It was the Drumalbyn Road house where the McMahons lived with their children, Julian, Melinda and Deborah.
Lady McMahon had bought it for $123,000 in 1968, the year Julian McMahon was born.
The estate retains a Palm Beach property on Sydney’s northern beaches.
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Julian McMahon and sisters to split $6.25 million proceeds from Lady (Sonia) McMahon’s home sale

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The Carss Park mansion of the champion boxer Kostya Tszyu and his wife, Natasha, has been listed with just over $3 million hopes.
It is set for auction next weekend through Mark Kourouche of First National Real Estate Greenacre. Tszyu, who won his first world title in 1995, was inducted into the International Boxing Hall of Fame alongside fellow greats Mike Tyson and Julio Cesar Chavez last year.
The highest price paid in Carss Park was $2.45 million in late 2008 for a five-bedroom, seven-bathroom house on a 1,865-square-metre Gnarbo Avenue block.
The Russian-born Tsyzu has never officially retired, although he hasn't fought since 2005.
His six-bedroom, eight-bathroom residence has been renovated and extended since the couple bought it for $785,000 in 2000. He had previously lived at Sans Souci.
The 2,400-square-metre Benwerrin Avenue property has resort-style facilities including a tennis court and heated saltwater pool.
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Boxer Kostya Tszyu seeks to knock out Carss Park record

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The Corrigan family have snappily sold their Woollahra residence as they head off to the penthouse of Cadigal on the Campbell Parade, Bondi beachfront.
The sale price of their neo-Georgian, Wellington Street, Woollahra residence hasn’t been revealed, but it’s been estimated at about $6.85 million since they were seeking around $7 million. The property, marketed online with no print media advertising, sold to north shore buyers.
It was designed in the early 1990s by the South African architect David Walker for Murray and Serena Crawford, who sold the property to Valerie Corrigan for $4 million in late 2000.
The Vogue Living featured house has five bedrooms, three bathrooms, a grand formal sitting room and a large family living room with wide sandstone fireplace. The 457-square-metre property comes with pool, a separate home office building, a studio apartment and double garaging.
The Bondi Beach purchase jointly made by Valerie Corrigan, the wife of the shipping industry entrepreneur Chris Corrigan and their daughter, Lucinda has not yet been revealed, although its came with $7 million plus hopes.
The savvy push to online-only advertising was spear-headed by <a target="_blank" href="https://www.sallyhampshire.com.au/#!for_sale/cf2y">Sally Hampshire of Laing+Simmons Double Bay</a>, Bill Bridges of Ballard Property and Savills Residential's Martin Schiller
 
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