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

Goldfields sets the stage as Quartet Milton launches

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

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

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

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

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

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A Wategos Beach property on Byron Bay's outskirt has been sold for close to $10 million, five years after its initial listing.
It marks a return of the far north coast NSW location as one of the priciest beachfront residential locations on the east coast of Australia.
It's a Brisbane family who've bought Watermark at Wategos last week.
Watermark at Wategos consists of a residence, an apartment and two beach suites.
It sits on a 655-square-metre Marine Parade block directly opposite Wategos Beach.
The property last sold in late 2004 for $5.14 million and was listed in 2007 after its renovation.
On a small exclusive pocket beneath Cape Byron Lighthouse, the six-bedroom, six-bathroom contemporary house's modernisation was completed in early 2006. It was sold by publican Geoff Smith, whose tourism industry property portfolio includes Northey's at Cronulla and The Grand Hotel on the Gold Coast.
Watermark has four bedrooms upstairs and two self-contained one-bedroom suites on the ground floor that have been available for lease. It was listed with hopes of a sale in the double-digit millions.
The two-level property was bought in 2004 from the Stone family, who bought it in 1999 from the Dwyer family. Sydney property developer Danny Goldberg set a local record of $15.68 million in 2006 for what was a somewhat dated colonial-style house set back from the beach. The Watermark holding has a 37-metre beachfront reserve frontage.
Selling agent Graham Dunn from Byron Bay Property Sales told the local press that the luxury market in Byron Bay had picked up dramatically in the last six weeks.
"We have had six sales in this past week totalling $26 million, the cheapest of which was $1.5 million and the most expensive being Watermark at $10 million," he told the Northern Star.
Subsequent reports in the Gold Coast Bulletin cut the price range of the sales.
"The contracted deals, handled by Byron Bay Property Sales, range from $1.15 million to a $9 million-plus sum paid for Watermark at Wategos Beach, a premier residential address," it noted. of the sal
Sydney property developer Danny Goldberg set a local record a few doors along of $15.68 million in 2006 for what was a somewhat dated colonial-style house set back from the beach.
 
 
 
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Watermark at Wategos Beach sells five years after initial listing for just shy of $10 million

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Academy Award-nominated actor Toni Collette and her musician husband, David Galafassi, are next back in the NSW Supreme Court on June 6 after being sued over the failure to settle on an alleged $6 million Paddington terrace purchase.
The initial directions hearing into the matter was scheduled in mid-March.
{yoogallery src=[images/stories/november8collette]}
Last October the couple were all set to buy a double-fronted Paddington terrace (pictured above) from Susie Kelly, the co-founder and owner of Industrie clothing with her husband Nick.
The Stewart Street house was snapped at an undisclosed price – but understood to be slightly more than $6 million.
{yoogallery src=[images/stories/november7toni]}
After struggling to find a buyer of their Bronte house (pictured above), <a href="https://www.propertyobserver.com.au/new-south-wales/fickle-toni-collette-being-sued-over-property-change-of-heart-in-paddington/2012031353824">Collette and Galafassi are accused of changing their mind on the Paddington purchase</a> instead buying again at Bronte (pictured below) from the buyer of their own house.
{yoogallery src=[images/stories/april24collettenew]}
Their <a href="https://www.propertyobserver.com.au/residential/actor-toni-collette-and-muso-david-galafassi-fall-for-the-charms-of-contemporary-inner-city-paddington/2011110752250">1885 Bronte weatherboard cottage that cost $4.4 million in mid-2009</a> had been tipped to sell for around $3.5 million through its McGrath Estate Agents listing agent Bethwyn Richards. The recent transfer indicates it did finally sell for $3.5 million on its March settlement. Their new Bronte home cost a bullish $5.5 million when settled last month with a NAB mortgage.
Property lawyers say the Supreme Court could find the Paddington contract binding and the entertainment industry couple could be forced to pay any shortfall if the Paddington terrace sells again at less than its last sale price.
 
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Toni Collette back to court in June over Paddo property deal as she settles Bronte house swap: Title Tattle 

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The 1950 and 1960s fashion model Margot McKendry and her American plastic-surgeon husband, Michael Hogan, who typically have split their time between Santa Barbara, California and New York's Upper East Side, have listed their occasional Sydney base.
It’s a three-bedroom Darling Point apartment listed for May 8 auction through Brad Caldwell-Eyles of 1st City Hasesmer+Caldwell Eyles with $3 million-plus hopes. The whole-floor 225-square-metre unit is on the fourth floor of Torrington, the tightly held 1986 Mirvac-built Darling Point Road block of nine apartments, where the last recorded sale was in 2004.
It has north-westerly views across Elizabeth Bay towards the city and Harbour Bridge. It cost $900,000 when bought in 1986.
<img src="/images/stories/margotmckendry.jpg">
During the 1950s and 1960s, McKendry modelled and even did a few film tests when she worked overseas, with works including a session with <a href="https://www.propertyobserver.com.au/https://h-rust.livejournal.com/267818">Cary Grant photographed by Bob Willoughby</a> (pictured above). Her portrait in a Tommy Harrison hat <a href="https://www.powerhousemuseum.com/collection/database/?irn=150264&amp;search=Fashion+models&amp;images=&amp;c=&amp;s=1">taken by Helmut Newton on a Flinders Lane, Melbourne</a> rooftop in 1954 (pictured below) is held at the Powerhouse Museum.
<img src="/images/stories/margotmckendry2.jpg">
In 1960, after being discovered internationally following an Australian Women’s Weekly cover, McKendry was earning £27 an hour while modelling in New York.
Hogan, who often visited Tasmania to fish, periodically hit the headlines himself, given his clients included Jackie Onassis and Kerry Packer.
 
 
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Sixties fashion model Margot McKendry lists Darling Point apartment: Title Tattle

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Wagga Wagga’s status as a property hotspot may come under threat in 2012 with the current oversupply of rental properties expected to persist despite an increase in demand for temporary accommodation due to the March floods. 
Located 450 kilometres from both Sydney and Melbourne, Wagga Wagga is NSW’s largest inland city, with a population of 63,500 people. 
About 250 properties were flooded when the Murrumbidgee River burst its banks in early March this year. 
Research carried out by PRDnationwide has found there are currently 230 houses and 100 units available for rent in the city. 
The property group expects that some of these properties will be rented by residents whose houses have been flooded. 
However, the long-term forecast is for rental vacancies to rise due to the completion of nearby Sturt and Hume highway upgrade projects, during which workers have vacated their rental properties in Wagga Wagga. 
In addition, the expansion of Charles Sturt University in North Wagga, due for completion next year, will add about 160 bedrooms, further adding to the supply of properties in the region. 
In 2011 there was a 10% drop in housing transactions in 2011, with 463 properties sold, according to PRDnationwide. 
Over this time the median house price declined by 3.4% to $259,000 while units were more resilient, recording a 0.9% decline to $217,000. 
Despite the drop in house prices, vendors selling detached houses in 2011 still recorded solid capital gains of around 5.9%. 
The most sought-after locations were suburbs closest to the city, with the Wagga Wagga town centre accounting for nearly half of all sales, followed by nearby Kooringal, Glenfield Park and Lake Albert. 
A smaller number of sales was recorded in newer suburbs like Springvale and Tatton.
Click to enlarge
<a href="/images/stories/prdapril16.gif" rel="shadowbox" title="Click to enlarge"><img src="/images/stories/prdapril16thumb.gif"></a>
House prices between $250,000 and $299,000 accounted for nearly one in four sales while there was also strong appetite for properties prices up to $450,000. 
There are currently 207 properties for sale in this price bracket according to realestate.com.au including <a href="https://www.realestate.com.au/property-house-nsw-wagga+wagga-109518801">this original three-bedroom Federation cottage</a> (pictured below) on the market for $295,000 complete with pressed ceilings and an outdoor toilet.
It last sold for $132,500 in 1996.
It is being sold by Grant Harris of Raine &amp; Horne Wagga Wagga.
<img src="/images/stories/wagga1.jpg" width="470">
A more modern offering aimed at investors is <a href="https://www.realestate.com.au/property-house-nsw-glenfield+park-109045836">this three-bedroom house in Glenfield Park</a> (below) available through Mark Steel from PRDnationwide Wagga Wagga. It is on the market for $269,500 with rental potential of $300 per week, a yield of around 5.8%.
<img src="/images/stories/wagga2.jpg" width="470">
Wagga Wagga was picked as a hotspot in the top 100 suburbs list by Your Investment Property magazine in 2011, with the publication noting that house prices had risen by 9% every year for the past 10 years. 
According to Hotspotting.com.au director Terry Ryder, the appeal of Wagga Wagga includes its standing as a regional centre for a very wide area, its status as an educational hub and as a good place to retire to due having a number of very good medical facilities. 
“It has got a multi-faceted economy, and some of the big impetus comes from the RAAF base – there is an army base outside of Wagga Wagga that is expanding. 
“These expansions will generate economic activity, jobs, demand for housing,” he says. 
Wagga Wagga is one of seven cities that form part Evocities, a project funded by the Australian government aimed at encouraging more people to relocate from Sydney and other metro regions to one of seven regional cities. The others are Albury, Armidale, Bathurst, Dubbo, Orange and Tamworth and take advantage of the NSW government’s $7,000 regional relocation grant. 
Evocities lists Wagga Wagga employment prospects as being “medical and allied health, aviation, education &amp; training, engineering, construction, retail, property and business services, public sector and hospitality”. 
It says there are 20 primary schools and eight secondary schools in Wagga Wagga as well as the a number tertiary education facilities including the aforementioned Charles Sturt University, the University of NSW Rural Clinical School, the University of Notre Dame Rural Clinical School, TAFE NSW and Australian Airline Pilot Academy. 
Wagga Wagga is a one-hour flight from Sydney, with 58 flights per week.
 
 
 
 
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lschlesinger-FZcF9M3vE6

Wagga Wagga rental market still oversupplied despite flooding of 250 homes: PRDnationwide

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Rowardennan, the 1913 Warrawee residence originally known as Maiala, has been listed for sale with $4.5 million-plus hopes.
Positioned at the end of a gravel driveway, the home was designed by architect BJ Waterhouse on 2,313 square metres of parklike gardens on Warrawee Avenue.
Its listing agent, Chana Scotcher at Chana Scotcher Realty, has sold the heritage listed house twice – firstly in 1996 when publisher Herbert Hillary sold and then again in 2000 when it was bought by the Mary Kay Pacific cosmetics boss, KK Chua. He then sold it on to the present vendors.
It was built along the principles of a French chateau for Joseph Beresford Grant. Beresford Grant is credited as being responsible for Warrawee being shop-free, as he bought the land earmarked for retail construction but preferred to keep it residential.
Designed in 1913, Rowardennan was initially set on 1.6 hectare. It came with rolling lawns, a vast garden that extended to Bangalla Avenue, and even a pony paddock. When the property was sold in 1936 Grant and his wife moved to the house they'd built on neighbouring land, and took the Maiala name with them to the Professor Leslie Wilkinson-designed residence.
 
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Warrawee 1913 residence Rowardennan listed with $4.5 million-plus hopes: Title Tattle

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Claremont, the 16-hectare Bellingen property with a Keith Cottier-designed house, has been sold for $2.2 million through Peter Stone at Real Estate of Distinction at Coffs Harbour.
With views over green fields and the Bellingen River towards the Dorrigo Mountains, the four-bedroom house won the Royal Australian Institute of Architects (RAIA) NSW Blacket Award for a country building of outstanding merit in 1986. It was built for the Berry family.
The international-style residence has interior living area of 100 square metres. The property comes with a timber guest house next to the pool. The house makes expansive use of glass and stone, along with high cathedral ceilings. The master bedroom faces east, separated from the living areas by a study and dressing room. All rooms in the house have been designed to take advantage of cross-ventilation from the cooling north-east breeze and warming winter sun.
Stone says the success of the architect’s design lay in “its marriage of traditional form, intelligent planning, effective environmental performance and careful siting within its landscape”.
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Award-winning Bellingen property Claremont with Keith Cottier-designed house sells for $2.2 million

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The Eliza penthouse, spanning three levels overlooking Hyde Park, is the latest Sydney skyhouse being marketed with $15 million hopes.
Developed by Edward Doueihi of Ceerose, with an architectural hint in its balconies of Antoni Gaudi's Casa Mila, the penthouse is due for completion in mid-2013. Its the building site with the crane that currently swings across Elizabeth Street just down from the intersection with Market Street.
<img src="/images/stories/elizapenthouse.jpg">
The 460-square-metre, three-level penthouse will sit atop a 17-storey building designed by the architects Tony Owen Partners.
It features four bedrooms, five bathrooms, a home theatre, a private lift, 3.5-metre-high ceilings, a massive 13.5-metre frontage overlooking the park and full automation through C-Bus.
<img src="/images/stories/elizapenthouse4.jpg">
The top level comprises the entertainment terrace with a 10-metre lap pool.
<img src="/images/stories/elizapenthouse2.jpg">
It’s being marketed by Jean-Paul Markopoulos of CBRE. Just 7 of the 19 apartments remain for sale, including six full floor apartments with prices around $4.5 million each.
<img src="/images/stories/elizapenthouse3.jpg">
The site – whose neighbours are Hermes and the Sheraton on the Park – was originally to be used for a building named The Elizabeth. Its then developer Andrew Richardson however lost his record $20.1 million off-the-plan penthouse buyer in 2008. Richardson had accepted a $100 deposit for the proposed three-storey penthouse from now-bankrupted businessman Rodney Price.
<img src="/images/stories/elizapenthouse5.jpg">
The vacant Elizabeth Street site cost $13 million in 2003 when bought by Richardson and his initial partner, Tjeerd La Grouw, who exited the project several years later. Edward Doueihi, from the Dural construction company, Ceerose, paid $8.5 million in December 2009 to Richardson and his subsequent partner, Multiplex.
<img src="/images/stories/elizapenthouse7.jpg">
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Eliza penthouse finally getting off the ground with $15 million hopes: Title Tattle

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Race car enthusiast Scott Shearman has listed his Double Bay beachfront reserve residence in Sydney's east, with $10 million hopes. It was bought from the Loblay family in 2007 for $7 million. The 565-square-metre block, with Gerry Rihs-renovated residence, has been listed through Jamie Upton of Savills.
<img src="/images/stories/gerry1.jpg">
It's the reputed site of the first 18-Footers Club. The property was held by rugby league pioneer Dally Messenger's family until 1985, when it sold for $330,000. It was sold to the Loblays in 1993 for $1.15 million. Shearman sold his David Katon-designed unit in Billyard Avenue, Elizabeth Bay, for about $1.4 million through Upton in 2007. Expressions of interest close April 23 on the Stafford Street Double Bay holding. Shearman, who runs the Melbourne-based family business, initially wanted $10 million plus when he briefly listed in 2009.
Prospective buyers are being advised the nearest comparable sale was when Westfield scion Peter Lowy, the Los Angeles-based co-chief executive of the Westfield Group, spent $10.35 million earlier last year.
<img src="/images/stories/gerry2.jpg">
<img src="/images/stories/gerry3.jpg">
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Gerry Rihs-designed contemporary residence on Sydney Harbour listed with $10 million hopes 

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Cockatoo Island could become an active recreational-commercial maritime hub with the Sydney Harbour Trust looking to lease the 2.5-hectare docks precinct.
Its envisaged the new public maritime facilities could include short-stay berthing for small vessels.
The Harbour Trust executive director Geoff Bailey said the available space includes 15 buildings with 4500 sq m floor space and a 400m stretch of wharf frontage.
Bailey says the existing small cultural, accommodation and tourism businesses would be complemented by a maritime precinct that acknowledge the island’s maritime past.
The available space is about an eighth of the island which began its colonial settlement usage as a penal colony in the mid 1800s.
It is Sydney’s largest island.
"It would cost millions to get a business plan off the ground, with especially difficult access," one marina industry commentator said.
Previously one of the nation's biggest shipyards, Cockatoo Island has 160 years of maritime history following the construction of the Fitzroy Dock in 1857.
The larger Sutherland Dock was constructed in the 1880’s and by World War I the island had become the naval dockyard of the Royal Australian Navy.
For the next 78 years, Cockatoo Island was Australia’s most significant shipbuilding and marine repair facility with the HMAS Success, launched in 1984, being the last ship to be built on the island. The dockyard closed in 1992, lying dormant until control was vested in the Trust in 2001.
It was briefly on the late Kerry Packer's radar as a potential casino site in the mid-1980s.
It was opened to the public in 2007, and has since hosted festivals, art installations and tourists, including Cockatoo Island Film Festival, Biennale of Sydney, Project Outpost and Cockatoo Island Camping and Accommodation, with up to 300,000 people visiting annually.
Fitzroy Dock, the only remaining dry dock built using convict labour, is not included in the lease opportunity.
 
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Maritime to return to long dormant Cockatoo Island

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The former Parramatta Eels chief executive Paul Osborne has now listed his Byron Bay property investment for May 5 auction.
The timing of the marketing campaign is aimed at snaring interest over Easter from tourists in the Northern NSW town. 

It failed to sell at its December 2011 auction when there were $1,499,000 hopes. It was subsequently listed at $1.395 million. It cost $1.9 million in January 2011 having previously sold at $1,475,000 in 2007.

Osborne claims to have been the victim of a <a target="_self" href="https://www.propertyobserver.com.au/new-south-wales/cash-strapped-parramatta-eels-ceo-paul-osborne-lists-in-byron-bay/2011111452351">Byron Bay property de</a><a target="_self" href="https://www.propertyobserver.com.au/new-south-wales/cash-strapped-parramatta-eels-ceo-paul-osborne-lists-in-byron-bay/2011111452351">al</a> that went sour.

Last year Osborne's financial situation was made public by SMH investigative reporter Kate McClymont after leaks that Osborne had borrowed money from the Parramatta chairman Roy Spagnolo.

The Massinger Street, Byron Bay property has been listed through Ray White Byron Bay agent Brett Connable.

Set opposite the Top Shop Cafe in Massinger Street, it comes with ocean views to the North over Byron Bay. It has three upstairs bedrooms plus downstairs is a one bedroom guest quarter.
 
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