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.

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The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

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

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

Ellen Walker

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

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The modest 1920s brick home that was used for external shots in the 1980s Mother and Son ABC television series starring Ruth Cracknell and Garry McDonald has been listed for sale for the first time in 85 years.
Some $1.475 million is being sought for the Rickard Street, Rodd Point property in Sydney’s inner west.
It’s been listed by Peter Cockerill, whose grandfather built the two-bedroom house in 1927 on its 594-square-metre block.
Unfortunately the crowds at its recent auction were mostly sticky-beaks.
The shots of the kitchen and lounge room were filmed in a television studio.
The property is currently on the market with Anthony Natoli from Century 21 Natoli Real Estate. The street’s last sale was $1.54 million in October 2011, which followed a $1.55 million sale in April 2011.
Rodd Point, set between Five Dock and Drummoyne, is among Sydney's smaller suburbs.
It has just 15 streets, seven of which run north-west off Henley Marine Drive.
Rodd Point was originally part of Five Dock Farm, a 600-hectare parcel of land granted to military surgeon John Harris in 1806 by Governor Philip King.
In 1836, Harris sold the property to Samuel Lyons for £4,000. In 1837 Bruce Clements Rodd bought Lot 130, which had waterfrontage to both Iron Cove and Iron Creek, plus what was described in the original auction advertisements as "a remarkable tongue of land", now Rodd Park.
Brent Clements Rodd and his wife, Sarah Jane, raised eight sons and four daughters at Barnstaple Manor, the home they built in Five Dock. Many streets and features are named after the Rodd family including Brent, Brisbane, Burnell, Clements, Janet, Lenore, Rodd, Barnstaple, Trevanion and Undine.
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Rodd Point home that starred in ABC series Mother and Son seeking a new family

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Jackie O, the top-rating 2Day FM breakfast announcer, and her farmer husband, Lee Henderson, spent about $2.7 million last month on their family home in Vaucluse, in Sydney's posh eastern suburbs.
It’s a cosy five-bedroom 1920s abode, suggesting there's plenty of room for siblings for their baby daughter Catalina. It sits on almost 800 square metres with a substantial back yard even if they extend out using the current architect-designed development approved plans.
It was marketed by the Laing &amp; Simmons Double Bay agent Bart Doff as an "under-capitalised blank canvas awaiting an imaginative buyer". There are harbour glimpses from the upper level and polished floors throughout.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/stories/2012/06/jackieo2.jpg">
Its purchase belatedly <a href="https://www.propertyobserver.com.au/https://www.propertyobserver.com.au/news/title-tattle-jackie-o-swaps-paddington-pad-for-highlands-hideaway/2011071450812">follows the $2,897,500 sale of their 1890s four bedroom Paddington terrace in July last year.</a>
The three-level, four-bedroom Paddington terrace that sat on a 210-square-metre block had been bought in 2009 for $2.75 million from Shine producer Jane Scott. Their redundant Karori, Elizabeth Bay apartment sold for $910,000 in 2009 having paid $512,500 in 2001 for the two-bedroom, top-floor unit.
Until the renovation, t<a href=""></a><a href=""></a><a href=""></a>he couple are presumed to continue to rent at Vaucluse in the interim while maintaining a 42-hectare Kangaroo Valley farm.
The Vaucluse property was sold by the Drexler family of the Matt Blatt store group. <a href=""></a><a href=""></a>
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2Day FM's Jackie O buys family home in Vaucluse with five bedrooms

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The Bellevue Hill house of the late charity queen Elizabeth Symonds was passed in when auctioned last night, having had initial price hopes of about $7 million. The executors placed a $6.25 million vendor bid.
The five-level, five-bedroom, five-bathroom mansion was last traded in 1996 when bought by the longtime Pied Piper Committee stalwart and her solicitor husband, the late Cedric Symonds, for $3.85 million following their $8.5 million sale of Cardigan, the now demolished Elizabeth Bay harbourfront residence.
Its 1996 vendor was rag trader Ray Pillion.
Set on both Carrington Avenue and Cranbrook Road, the house, which has elevator access and guest accommodation, has a backdrop of Sydney Harbour and the Royal Sydney Golf Course.
The house was offered this week through Elliott Placks of Ray White Double Bay in conjunction with Pillinger Property agent Brad Pillinger.
The 1,200-square-metre holding comes with a tennis court and pool.
Bellevue Hill's top recorded sale this week was on Kambala Road, when a tad over $4.6 million was secured through McGrath agent Paul Ephron for a four-bedroom contemporary house relisted recently with $4.7 million hopes. It had been listed at $5.8 million in March last year with another agent.
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Late charity queen Elizabeth Symonds’ Bellevue Hill home passed in on $6.25 million vendor bid

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Australia’s tallest private home has been sold after two years on the market.

The 10-storey Girvan Estate house in the NSW Upper Hunter has been sold to undisclosed family buyers from Singleton.

At 30 metres, it’s Australia's tallest private house, possibly the tallest in the southern hemisphere, but a shadow of  the northern hemisphere’s Antilia, the 27-floor personal home in South Mumbai belonging to businessman Mukesh Ambani, the billionaire chairman of Reliance Industries.

The Girvan tower was built at a cost of more than $2 million by local Peter Grey atop a hill on a back road between Stroud and Bulahdelah.

Approved by Great Lakes Council in 2002, the house comprises an entrance foyer with an indoor pool, a whole floor tennis court, a lift, six bedrooms and six bathrooms. Several members of the extended family occupy the various floors.

The fifth floor has a kitchen and dining area, which takes up the entire floor, while the 10th floor has been Grey's office.

It was advertised with $1.75 million hopes through Webb Bros Property &amp; Livestock, Stroud.

The tower sale is on a 33.5-hectare (100-acre) holding, along with a timber 89 hectare holding.

<h2>NSW properties on the market right now:</h2>

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[smartcode_project:default project_id=24323]

[smartcode_project:default project_id=29140]
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Girvan Estate, Australia’s tallest private home, sold after two years

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Clearview, the 1885 Chatswood residence built by Alexander Simpson, exhibits some expertise with sandstone.
It was Simpson who also subsequently built the Northbridge suspension bridge across Long Gully in 1892. <a target="_blank" href="https://nla.gov.au/nla.cs-pa-http%253A%252F%252Fwww3.photosau.com%252FWilloughby%252Fscripts%252FExtSearch.asp%253FSearchTerm%253D6542019">He went on to become mayor of Willoughby in 1889.</a>
The Mowbray Road property, which was restored in the early 1990s, has four double bedrooms, three bathrooms, a study and downstairs guest room.
Its Shead Property Chatswood listing agent Nick Separovich says it’s one of the area's finest examples of affluent late Victorian architecture.
It’s listed with $1.6 million-plus hopes, with offers closing July.
It last sold to the Chen family for $1.42 million in 2005, having sold at $550,000 in 1994.
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Alexander Simpson’s 1885 Chatswood sandstone property Clearview listed

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Packed to the Rafters star Rebecca Gibney and her husband, artist Richard Bell, have sold their Clareville home for an undisclosed price.
The couple didn’t have the time to turn it into their dream home so the four-bedroom house on a 948-square-metre block had $1.3 million hopes on its listing last year.
With views of Pittwater towards Ku-ring-gai Chase national park, it cost $1.22 million in 2009, so a small loss after costs seems probable.
The family, who sold in Tasmania last year, have suggested they were likely to upgrade to a contemporary house in the Pittwater precinct north of Sydney.
“Due to increasingly busy schedules, we have decided not to renovate our home on the northern beaches,'' Gibney has told the local press on listing the initial October 2011 property through Andrew Blake and Cathy Agosti from Andrew Blake Real Estate.
“It has been a real haven, and we will miss the privacy and great views. We love the area,” Gibney noted.
The couple’s renovation plans, which had been approved by Pittwater Council, included a new pool, enclosing the carport and first-floor additions and had been projected to cost $414,000.
{yoogallery src=[images/stories/november9gibneytassie]}
Their four-bedroom Tamar Valley home, River Point House (pictured above) – which cost $650,000 in 2003 – was sold for $1.15 million in February 2011 having been listed with a $1.3 million price through Roberts Tamar agent Kerry Sanders in late 2009.
It had been available as a $1,700 weekly holiday rental since it came with private beach, boat ramp and boathouse. The couple had paid $650,000 in 2003 for the 1981 house set on seven hectares on a bend of the Tamar River at Kayena, north of Launceston.
In 2007 Gibney shot to local and national attention after attending anti-pulp mill rallies in Launceston protesting against Gunns Limited's planned pulp mill on the Tamar River at Long Reach, some five kilometres downstream from Gibney's then home.
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Rebecca Gibney packing up after selling in Clareville

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Judith Neilson, the founder of the White Rabbit Collection, one of the world's most significant collections of Chinese contemporary art, has lodged a $6.78 million residential dwelling development application for her recently acquired $7,975,000 Chippendale warehouse.
The $14.75 million O’Connor Street warehouse project was formerly the Simona fashion headquarters now set directly opposite the upcoming Central Park precinct.
{yoogallery src=[images/stories/2012/06/june19neilson]}
The warehouse last sold in 1988 for $1.32 million when bought by the family company headed then by designer Inge Fonagy and her late husband, George, who founded Simona in 1963.
<img src="/images/stories/2012/06/neilson1.jpg">
The three-storey building has 1,375 square metres of warehouse space, plus the adjoining Dick Street 220-square-metre car park holding.
Neilson’s renovation seeks to replace the dowdy warehouse façade with a walled sculptural display “alive to the changes wrought by light, shade, sun and cloud”.
It seeks to add a “unique backdrop” to the Frasers-Sekusui House Central Park residential precinct under construction across the road.
The William Smart design – currently before Sydney City Council – has been dubbed Indigo Slam.
The application to Sydney City Council says the warehouse will be instilled with a sculptural quality of its public streetside facade to “actively participate in the reinvigoration of Chippendale as an urban environment”.
William Smart’s submission to the council says the intention was to provide the new urban park with a piece of interesting architecture on its southern flank, as a unique backdrop to public life.
<img src="/images/stories/2012/06/neilson2.jpg">
To be environmentally sustainable the building will have thick masonry walls and recessed windows to provide natural light without excessive heat gain.
Arrays of photovoltaic cells will be placed on the roof, allowing the building to generate much of its own power independently and sustainably.
Click to enlarge
<a rel="shadowbox" href="/images/stories/2012/06/neilson3.jpg" title="Click to enlarge"><img src="/images/stories/2012/06/neilson3thumb.jpg"></a>
It comes with four bedrooms with ensuites, second-floor living and entertainment area, plus courtyard garden, lift, ground floor studio and guest quarters above the garage.
It’s currently mostly open plan with soaring high ceiling and minimal pillars with a glass façade across its 26-metre frontage.
Her White Rabbit Gallery is just 50 metres away, a converted former knitting factory on Balfour Street, which has four floors of exhibition space as well as a theatrette, a library and a teahouse. It cost her $4.6 million in 2007.
Now spanning three generations, Simona will continue the tradition of creating classic garments for women of all ages at a nearby Ultimo.
Shortly after Neilson bought the warehouse, her daughter Beau bought her own 310-square-metre warehouse nearby for $3.1?million.
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Judith Neilson unveils her sculptural $14.75 million residential warehouse wonderland to enliven Chippendale

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The Balmoral Boatshed, a residential and commercial leasehold property on the Middle Harbour foreshore at Mosman, has been sold by the accountant John Bennett.
<a target="_blank" href="https://www.propertyobserver.com.au/new-south-wales/balmoral-boatshed-cafe-and-apartment-listed-with-%245-million-plus-hopes/2012032554000">More than $5 million was being sought </a>through its Richardson &amp; Wrench Mosman selling agent Robert Simeon.
The leasehold will be transferred to another local Mosman family.
Bennett bought the leasehold of the property in 1995 when it was the rundown Walton's Boatshed. It had previously sold in boomtime 1987 at $1.1 million. It was rebuilt around 2005 with a beachside café downstairs and a 200-square-metre three-bedroom apartment upstairs.
The sale of the lease, which has 15 years left to run, includes the apartment, the cafe, a boat hire and tender service as well as management rights for 56 moorings.
In the 2010-11 financial year, the mooring business generated a gross income of $285,000, and the cafe business grossed about $900,000.
“It’s had a long history dating from the 1930s,” Simeon says.
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Balmoral Boatshed sells to another Mosman family

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NSW property investors should not rush to exchange off-the-plan properties ahead of the June 30 end to state stamp duty concessions unless they have completed all the necessary research and due diligence, according to research and investment firm the Aviate Group. 
From July 1 investors buying off the plan will only get a $5,000 handout from the government instead of saving up to $22,490 under the zero stamp duty option under the soon-to-end NSW home builders' bonus, <a href="https://www.propertyobserver.com.au/landlords/nsw-property-investors-condundrum-take-the-%2422490-housing-bonus-now-or-just-%245000-after-july-1/2012061255081" target="_blank">creating a conundrum</a> about whether to buy now or wait in the expectation of unit property market having staggered growth over the next few years. 
They are likely to be encouraged by some developers to complete their purchases over the next two weeks and take the bigger incentive. 
Meriton boss Harry Triguboff says he will be going “hell-for-leather” to sell to investors before July 1 “because they’ll still get something”. 
Developers have the added impetus of getting as many investors over the line before July 1, as the first-home buyers’ market is also expected to retreat for three months between July 1 and October 1, until the double $15,000 first-home owners’ grant for a new property purchases kicks in. 
But Aviate Group managing director Neil Smoli says property investors should never make a rushed decision to purchase an investment property, no matter how tempting the incentive. 
An investment property, he says, is a long-term prospect, “and the right property will always deliver long term growth”. 
“If an investor has undertaken all the necessary research and due diligence on an investment property that falls within the concession price bracket, they should by all means proceed with a purchase before the end of the financial year and pocket the stamp duty saving,” Smoli says. 
“However, it is never a good idea to make an investment decision based purely on an incentive. If a property does not have the potential to deliver reliable returns and capital growth opportunities over the long term, no government incentive at the time of purchase will change this fact.” 
According to Smoli, a rushed decision before July 1 may jeopardise an investor’s security down the track. 
“The short-term benefit of an incentive will pass relatively quickly, but the shortcomings of an ill-informed investment property purchase may have a lasting negative impact. 
“At the end of the day, an investor must analyse their capacity to meet repayments, considering the complete range of factors such as the likely rental, cost of different insurance requirements and strata fees, to name a few. An investment decision influenced solely by a government incentive is perhaps a sign that the investor is not ready to invest.” 
“While growth in property prices may be subdued at present, astute investors still recognise that good properties with the right attributes still have the potential to outperform other investment alternatives,” Smoli says. 
“It’s important to recognise that price growth statistics, even when confined to individual suburbs, can be misleading. Each development – indeed each apartment within each development – has variables that determine its capacity to perform as a quality investment over the long term. Some developments merely streets apart can have entirely different capital growth outlooks, depending on the investment criteria applied.” 
Aviate is also calling for stamp duty to be abolished, calling it “an unnecessary burden for buyers”.
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lschlesinger-FZcF9M3vE6

Property investors should not rush NSW purchases ‘purely for the incentive’: Aviate

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The Hunter Sports Group boss Troy Palmer is the immediate direct beneficiary of his boss Nathan Tinkler’s decision to quit Newcastle for Singapore.
Palmer has bought one of Tinkler’s redundant beachside Merewether properties (pictured below) for $2.8 million – at under the commonly believed market value.
<img src="/images/stories/2012/06/bermer.jpg">
Tinkler bought the four-bedroom, three-bathroom 2006-built Merewether house for a then bullish record-setting $4.3 million in 2008 from the rugby league legend Andrew Johns.
Palmer’s same-day exchange settlement was in wife Emma’s name last month. The 34% price drop shocked several estate agents. “It turns out Nathan Tinkler's sale was a 'friendly deal', so should be seen as out of line by valuers,” one agent has tweeted.
<img src="/images/stories/2012/06/bermerflicker.jpg">
Prior to working at the Tinkler Group, the Newcastle-born and raised Troy Palmer was the chief financial officer of Bluetongue Brewery, another well-known Newcastle organization.
Palmer was responsible for the acquisition of the Newcastle Knights and Newcastle Jets.
Tinkler retains his other Merewether holding, a two-block 1,587-square-metre amalgamation overlooking Bar and Dixon Park beaches, which cost an $8.8 million total in 2008. Locals reports it’s been in limbo since a development application for a six-bedroom Rosie Stollery-designed compound was approved in June last year.
Title Tattle understands the modern house was vacated by the family shortly after the theft last year of his $500,000 Ferrari California, which was stolen from his garage and later torched.
Tinkler, who built his fortune with three big coal deals, has an estimated $915 million wealth according to the latest BRW. According to Forbes magazine, Tinkler is Australia’s 26th-richest person, with a net worth of around $825 million in 2012.
His major NSW family home is at Coffs Harbour.
"His principal place of residence would now be described as Singapore," his spokesman, Tim Allerton, told Fairfax Media.
"He just wants to be closer to the markets, to Asia."
Allerton said Tinkler's wife, Rebecca, and their four school-age children were also preparing to leave for Singapore.
Allerton has advised the move was to be closer to some of his key investors, the operations of his investments would remain in Australia.
Singapore is “an essential part of Asia … and he’s got some financiers and investors in Singapore - he just feels it’s more comfortable, he enjoys the city and wants to base himself there,” Allerton said.
Singapore is known for its relatively low tax and pro-business environment, with wealthy foreigners drawn by its low crime rate and high privacy without local tabloid media excesses.
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