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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Former prime minister Paul Keating – and former chairman of the Barangaroo Design Excellence Review Panel – has told James Packer that his planned hotel and casino complex at Barangaroo should not be built on an area earmarked for public open space.
Keating met Packer yesterday to discuss the proposal for a new high-rise, six-star hotel in the middle of the 22-hectare harbourfront development site.
In a statement released last night, Keating said he had taken Packer through the history of the Barangaroo site and its important design principles.
''I told him that the principal civic dividend from the project was its near 60% public open space – and that I regarded the public amenity of these lands as inviolate,'' Keating said.
He said Packer ''respected that view but to the extent that Lend Lease failed to reach an agreement with him, he was commercially bound to press for an alternative hotel site which may devolve to those lands, or part of those lands, currently earmarked for theatres and entertainment within the Barangaroo Centre precinct''.
When contacted by the The Daily Telegraph, Packer said: "I was heartened by some of Mr Keating's comments.

"I always enjoy spending time with Mr Keating. He's an Australian who has made a huge contribution to the country."
Their meeting followed criticism of the Packer plan by Sydney lord mayor Clover Moore.
<a target="_blank" href="https://www.propertyobserver.com.au/leisure/barry-ofarrell-endorses-barangaroo-casino-concept/2012022653561">Premier Barry O'Farrell is set to be further briefed</a> on Packer's proposal.
''Any premier would be a mug if people are saying we want to invest a billion dollars in NSW not to at least hear those proponents out,'' he told ABC radio.
''There are a whole range of regulatory hurdles that Mr Packer's company would have to go through that are decided at arm’s length from government before any of this comes to government for a decision.''
 
 
 
 
 
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jchancellor-FAypfDUnLy

Paul Keating urges James Packer to reconsider Barangaroo hotel and casino but definitely keep it off the grass

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Central Coast properties make up a large portion of SQM Research's list of the top 10 most discounted properties in New South Wales.
The list features one property in Magenta, one in Gorokan and two in Green Point. The last time the research firm compiled a NSW most discounted list, <a href="https://www.propertyobserver.com.au/new-south-wales/nsw-central-coast-market-in-a-slump-as-vendors-offer-discounts-sqm-research/2011101751962" target="_blank">in October last year</a>, there were also four Central Coast properties on it. However, no Central Coast properties are repeated from October's list. 
Last year's list featured two Blue Mountains properties, whereas this time around there is just one, 9 Brentwood Avenue, Blackheath, which has been on the market since February last year and featured on October's list. 
Four other discounted properties on the New South Wales list are in the Sydney suburbs – Thornleigh, Bondi Junction, Clovelly and Kyeemagh – but SQM director Louis Christopher says Sydney has been spared the price reductions apparent in many other capitals. None of these properties featured on the October list. 
"Sydney appears to be suffering a little less than other capital cities in terms of recent house price declines, which is of course in many ways good news to current Sydney home owners," Christopher says.
"Many of the homes on this list are not located in the capital city's inner and middle rings but rather in less populated localities in New South Wales where the market is obviously not as high in demand as it appears to be towards the inner-urban areas."
1
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2007217761" target="_blank">1302 Birkdale Place, Magenta, NSW, 2261</a>
On the market since: June 17, 2008
Initial asking price: $700,000
Current asking price: $450,000
Reduction: 36%
Days on market: 1,341
 
 
<h2 style="font-size: 18px; line-height: 21px; text-align: left;"></h2>
<h2 style="font-size: 18px; line-height: 21px; text-align: left;">2</h2>
<a target="_blank" href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2007736307">26a Paling Street, Thornleigh, NSW, 2120</a>
On the market since: May 16, 2009
Initial asking price: $1.1 million
Current asking price: $730,000
Reduction: 34%
Days on market: 1,008
 
3
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.realestate.com.au%2Fcgi-bin%2Frsearch%3Fa%3Do%26id%3D106483661" target="_blank">257 Avoca Drive, Green Point, NSW, 2251</a>
On the market since: May 22, 2010
Initial asking price: $1.3 million
Current asking price: $879,000
Reduction: 32%
Days on market: 637
 
 
4
<h2 style="font-size: 18px; line-height: 21px; text-align: left;"></h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2008850003" target="_blank">3 Wharf Road, Green Point, NSW, 2251</a> (pictured)
On the market since: March 5, 2011
Initial asking price: $950,000
Current asking price: $649,000
Reduction: 32%
Days on market: 350
 
 
<h2 style="font-size: 18px; line-height: 21px; text-align: left;">5</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2009290335" target="_blank">120 Glendiver Road, The Oaks, NSW, 2570</a>
On the market since: October 15, 2011
Initial asking price: $1,595,000
Current asking price: $1.1 million
Reduction: 31%
Days on market: 126
 
<h2 style="font-size: 18px; line-height: 21px; text-align: left;">6</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.realestate.com.au%2Fcgi-bin%2Frsearch%3Fa%3Do%26id%3D107195829" target="_blank">9 Brentwood Avenue, Blackheath, NSW, 2785</a>
On the market since: February 26, 2011
Initial asking price: $1,425,000
Current asking price: $990,000
Reduction: 31%
Days on market: 357
 
7
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2008805959" target="_blank">69/257 - 269 Oxford Street, Bondi Junction, NSW, 2022</a>
On the market since: February 12, 2011
Initial asking price: $2.5 million
Current asking price: $1.75 million
Reduction: 30%
Days on market: 371
 
<h2 style="font-size: 18px; line-height: 21px; text-align: left;">8</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2007871851" target="_blank">18 Marks Road, Gorokan, NSW, 2263</a>
On the market since: July 1, 2009
Initial asking price: $640,000
Current asking price: $450,000
Reduction: 30%
Days on market: 962
<h2 style="font-size: 18px; line-height: 21px; text-align: left;"></h2>
<h2 style="font-size: 18px; line-height: 21px; text-align: left;"></h2>
<h2 style="font-size: 18px; line-height: 21px; text-align: left;">9</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2009066241" target="_blank">103 General Holmes Drive, Kyeemagh, NSW, 2216</a>
On the market since: June 25, 2011
Initial asking price: $1.4 million
Current asking price: $1 million
Reduction: 29%
Days on market: 238
 
 
<h2 style="font-size: 18px; line-height: 21px; text-align: left;">10</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2009154691" target="_blank">26/44 Melrose Parade, Clovelly, NSW, 2031</a>
On the market since: August 13, 2011
Initial asking price: $1,295,000
Current asking price: $959,000
Reduction: 26%
Days on market: 189
 
<h2 style="font-size: 18px; line-height: 21px; text-align: left;"></h2>
 
<h2 style="font-size: 18px; line-height: 21px; text-align: left;"></h2>
SQM Research also offers a list of the <a href="https://www.sqmresearch.com.au/top100bargains.php" title="SQM Research" target="_blank">Top 100 Biggest Bargains in Australia</a> for sale.
</body></html>

cknowlton-QnEa6ntUYP

Central Coast still heavily represented on SQM's most discounted properties in NSW list

<html><body>
The doyenne of Australian theatre Robyn Nevin has sold her much-loved Paddington terrace for $1,315,000.
The three-bedroom Windsor Street terrace had been bought in 1983 for $145,000. Title Tattle seems to recall it was bought through her mother's generosity in giving her a big deposit.
Nevin and her partner, actor Nicholas Hammond, who played Friedrich von Trapp in the film The Sound Of Music, met during a 1987 Sydney Theatre Company production.
Their  two-bedroom 1960s-built Pearl Beach, Central Coast cottage that cost $190,000 in 1993 was sold at its $675,000 asking price through Stuart Gan of PRDnationwide  several years ago, with the couple, who spend much of their time working in theatre and film in Melbourne, signalling plans to buy a similar cottage in Victoria.
The Paddington terrace has been recently listed at a $1,190 a week rental through Cantor Real Estate.
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Australian theatre doyenne Robyn Nevin sells Paddington terrace: Title Tattle

<html><body>
Former St George Bank chief Paul Fegan and his wife, Leonie, have listed their  hillside Mosman residence for March 31 auction.
The Alex Popov-designed Burran Avenue house last traded at $10.75 million in late 2007 when he was the St George chief executive.
Fegan, who was briefly Telstra's executive in charge of strategy and corporate services, is now a non-executive director of AMP Limited.
“Expectations are around the $10 million mark at this stage,” says McGrath listing agent Priscilla Ouvrier.
“It’s an inspired Alex Popov creation that has resulted in sophisticated contemporary residence with light-filled interiors, superior finishes and breathtaking water views.
“Its’ a very private home upon 1,130 square metres,” she says.
The matrimonial property comes with a 20-metre pool.
Burran Avenue’s most recent non-waterfront sales include a $7.4 million to Joris and Adriane Lugtenburg. He’s been associated with the Cape Town based Allan Gray Capital, a South African investment management company, since 1989.
“It was an inspired collaborative design by 4d Architects and its artist owners that created a supremely private and aesthetically exhilarating home offering a sequence of indoor and outdoor living zones and a flexible dual-level layout,” its Raine &amp; Horne selling agent Brendan Warner gushed.
Another hillside Burran Avenue house listed with $5 million-plus hopes in 2010 has been sold at $3.2 million on its third agency marketing campaign.
Mosman has been <a target="_blank" href="https://www.propertyobserver.com.au/residential/mandalong-house-listing-set-to-test-mosman-market-after-banking-bonuses-dry-up/2012022753564">among the hardest hit suburbs since the global financial crisis</a>.
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Former St George boss lists Alex Popov-designed Mosman house

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Actor Nicole Kidman has seemingly sold the final piece of her beachfront holding on the NSW far south coast. 

About $800,000 was expected when the last portion <a href="https://www.propertyobserver.com.au/new-south-wales/nicole-kidman-s-south-coast-nsw-beachfront-land-fails-to-sell-at-auction/2012021753426">went to February 11 auction</a>.

With the post-auction negotiation sale paperwork now underway, the website now says “Under Contract”.

<img src="/images/stories/kidmanbeach.jpg">
The vacant 1,009-square-metre block had been for sale since 2008 at $1.2 million plus through Michael Skuse of LJ Hooker Batemans Bay. It has 21 metres of beach frontage on Knowlman Road. 

It was 2004 when Angus Hawley, Nicole's then brother-in-law, first swooped into town by helicopter to bid on the rare beachfront offering offered by the Knowlman farming family from Goulburn, who had paid £35 in 1929. Rosedale locals say Kidman has been there only a handful of times since 2004.
Kidman purchased the Rosedale holding as part of a $4 million outlay on the coastal strip in 2004. She has already recouped $3 million, selling two of the properties to Canberrans.
 
 
 
 
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Nicole Kidman finds buyer for NSW far south coast beachfront holding 

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Sydney suburbs, many of them on the outer fringes of the city, account for one in three suburbs on RP Data’s list of the top 100 locations for house price growth, with the Hunter Valley and Newcastle region also making a strong showing.
Mining towns in far north Queensland featured strongly on the top 10, led by Moranbah (1st), New Auckland (3rd), Clinton (6th) and West Gladstone (8th).
The top-ranking Sydney suburb is Arncliffe, about 11 kilometres south of the CBD, which comes in at number nine on the list.
Over the past year house prices in Arncliffe have risen 16.3% from $601,000 to $699,000.
Arncliffe is followed by 10th placed Riverstone, 48 kilometres west of Sydney in the Blacktown municipality where house prices have risen 16% from $364,000 to $422,000 over the course of 2011.
Rounding out the top 10 ranking Sydney suburbs on the list are:
<table style="width: 470px;" border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td width="107" valign="top">
Suburb
</td>
<td width="100" valign="top">
Rank
</td>
<td width="107" valign="top">
Distance from Sydney CBD
</td>
<td width="105" valign="top">
Median price in 2010
</td>
<td width="105" valign="top">
Median price in 2011
</td>
<td width="92" valign="top">
% change
</td>
</tr>
<tr>
<td width="107" valign="top">
Arncliffe
</td>
<td width="100" valign="top">
9
</td>
<td width="107" valign="top">
11 km south
</td>
<td width="105" valign="top">
$601,080
</td>
<td width="105" valign="top">
$699,296
</td>
<td width="92" valign="top">
16.3%
</td>
</tr>
<tr>
<td width="107" valign="top">
Riverstone
</td>
<td width="100" valign="top">
10
</td>
<td width="107" valign="top">
48 kms south west
</td>
<td width="105" valign="top">
$364,377
</td>
<td width="105" valign="top">
$422,412
</td>
<td width="92" valign="top">
15.9%
</td>
</tr>
<tr>
<td width="107" valign="top">
Granville
</td>
<td width="100" valign="top">
16
</td>
<td width="107" valign="top">
22 km west
</td>
<td width="105" valign="top">
$399,000
</td>
<td width="105" valign="top">
$451,000
</td>
<td width="92" valign="top">
12.9%
</td>
</tr>
<tr>
<td width="107" valign="top">
Canley Heights
</td>
<td width="100" valign="top">
20
</td>
<td width="107" valign="top">
31 km south west
</td>
<td width="105" valign="top">
$405,000
</td>
<td width="105" valign="top">
$453,000
</td>
<td width="92" valign="top">
12%
</td>
</tr>
<tr>
<td width="107" valign="top">
Blaxland
</td>
<td width="100" valign="top">
32
</td>
<td width="107" valign="top">
60 km west
</td>
<td width="105" valign="top">
$389,230
</td>
<td width="105" valign="top">
$424,254
</td>
<td width="92" valign="top">
9%
</td>
</tr>
<tr>
<td width="107" valign="top">
Mona Vale
</td>
<td width="100" valign="top">
34
</td>
<td width="107" valign="top">
30 km north
</td>
<td width="105" valign="top">
$851,195
</td>
<td width="105" valign="top">
$926,678
</td>
<td width="92" valign="top">
8.9%
</td>
</tr>
<tr>
<td width="107" valign="top">
Greenacre
</td>
<td width="100" valign="top">
37
</td>
<td width="107" valign="top">
17 km south west
</td>
<td width="105" valign="top">
$491,000
</td>
<td width="105" valign="top">
$532,000
</td>
<td width="92" valign="top">
8.4%
</td>
</tr>
<tr>
<td width="107" valign="top">
Earlwood
</td>
<td width="100" valign="top">
39
</td>
<td width="107" valign="top">
12 km west
</td>
<td width="105" valign="top">
$754,000
</td>
<td width="105" valign="top">
$817,000
</td>
<td width="92" valign="top">
8.3%
</td>
</tr>
<tr>
<td width="107" valign="top">
Hinchinbrook
</td>
<td width="100" valign="top">
48
</td>
<td width="107" valign="top">
39 km south west
</td>
<td width="105" valign="top">
$437,000
</td>
<td width="105" valign="top">
$470,000
</td>
<td width="92" valign="top">
7.6%
</td>
</tr>
<tr>
<td width="107" valign="top">
Macquarie Fields
</td>
<td width="100" valign="top">
52
</td>
<td width="107" valign="top">
42 km south west
</td>
<td width="105" valign="top">
$304,000
</td>
<td width="105" valign="top">
$325,000
</td>
<td width="92" valign="top">
7.2%
</td>
</tr>
</tbody></table>
Source: RP Data
Outside of Sydney, NSW investors should look north towards the Hunter Valley region and the regional city of Newcastle, where a growing demand for mining accommodation is driving up house prices and rents.
The highest-ranking location in the Hunter region was Medowie, a suburb of Port Stephens in the Hunter region, which ranked 24th on the list and recorded house price growth of 10.6% in a year. During 2011 house prices in Medowie increased from $327,000 to $362,000.
Kurri Kurri placed 33rd on the list, with house price growth of 8.9% ($234,000 to $255,000). The small town, which has population of about 6,000, is home to the Kurri Kurri aluminium smelter and is surrounded by wineries.
Raymond Terrace, about 26 kilometres north of Newcastle on the Pacific Highway and administrative centre of the Port Stephens municipality, ranked 44th on the list, with the median house price rising 7.9% from $269,000 in 2010 to $290,000 in 2011.
New Lambton, less than six kilometres from the city centre, ranks 50th on the RP Data list, with house prices up 7.3% over the past 12 months to a median of $441,000.
Also on the list is the north-western Newcastle suburb of Mayfield, where house prices are up 5.1% for the year to $342,000.
Thornton, a suburb in the City of Maitland, ranked 62nd (house prices up 6.4% to $393,000) while Muswellbrook in the Upper Hunter Valley region comfortably made it into the top 100 with house prices up 5.3% for the year to a median of $292,000.
Photo by Sam Gao, courtesy of <a href="https://www.flickr.com/photos/shanna_shattan/4896204381/" target="_blank">Flickr.</a>
 
 
 
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lschlesinger-FZcF9M3vE6

Arncliffe leads Sydney suburbs on RP Data top 100 hotspot list 

<html><body>
The total land value of the 55,907 properties in Shoalhaven was put at $13.512 billion for July 2011 by NSW Valuer-General Philip Western.
The figure was down 3.3% from $13.977 billion in 2008.
Western says land values generally remained steady over the three years.
Year on year median business land values decreased 0.5% from $302,000 in 2010.
Median industrial land prices decreased 5% from $260,000 in 2010.
Median residential land values increased 1.3% from $150,000 in 2010.
Median rural prices also increased, up 1% from $297,000 in 2010.
Landowners and rate-paying-lessees received a notice of valuation earlier this month.
The valuations are used to determine rates and land taxes on investment properties.
Typical residential land values were:
<ul>
<li>1,334 square metres at Addison Road, Culburra Beach valued at $239,000</li>
<li>1,008 square metres at Admiralty Crescent, Huskisson valued at $1,390,000</li>
<li>740 square metres at Albert Street, Berry valued at $281,000</li>
<li>816 square metres at Government Road, Sussex Inlet valued at $135,000</li>
<li>1,012 square metres at Karowa Street, Bomaderry valued at $118,000</li>
<li>544 square metres at Knapp Avenue, Nowra valued at $80,000</li>
<li>683 square metres at Martin Avenue, Ulladulla valued at $182,000</li>
<li>930 square metres at Quay Road, Callala Beach valued at $1,000,000 </li>
</ul>
Typical commercial land values were:
<ul>
<li>821 square metres at Boree Street, Ulladulla valued at $391,000</li>
<li>468 square metres at Island Point Road, St Georges Basin valued at $150,000</li>
<li>462 square metres at Kinghorne Street, Nowra valued at $450,000</li>
<li>190 square metres at Owen Street, Huskisson valued at $670,000</li>
<li>251 square metres at Queen Street, Berry valued at $517,000</li>
<li>645 square metres at Weston Street, Culburra Beach valued at $160,000 </li>
</ul>
Typical industrial land values were:
<ul>
<li>4,330 square metres at Aroo Road, Ulladulla valued at $284,000</li>
<li>2,077 square metres at Concorde Way, Bomaderry valued at $160,000</li>
<li>4,936 square metres at Cumberland Avenue, South Nowra valued at $288,000</li>
<li>2,100 square metres at Erina Road, Huskisson valued at $181,000 </li>
</ul>
Typical rural land values were:
<ul>
<li>70.2 hectares at Bundewallah Road, Bundewallah valued at $1,250,000</li>
<li>40 hectares at Croobyar Road, Croobyar valued at $760,000</li>
<li>40.7 hectares at Princes Highway, Broughton valued at $1,290,000</li>
<li>55.2 hectares at Mount Scanzi Road, Kangaroo Valley valued at $1,060,000</li>
<li>42.8 hectares at Turpentine Road, Tomerong valued at $508,000</li>
<li>58.6 hectares at Jack Reid Road, Termeil valued at $500,000 </li>
</ul>
Typical rural residential land values were:
<ul>
<li>2.7 hectares at Culburra Road, Wollumboola valued at $390,000</li>
<li>2 hectares at McArthur Drive, Falls Creek valued at $246,000</li>
<li>2 hectares at Pointer Road, Yatte Yattah valued at $327,000</li>
<li>1 hectare at Scotts Road, Upper Kangaroo River valued at $412,000</li>
<li>2 hectares at Stringybark Road, Nowra Hill valued at $293,000</li>
<li>1 hectare at Beach Road, Berry valued at $500,000 </li>
</ul>
Typical hobby farm land values were:
<ul>
<li>10 hectares at Coolangatta Road, Coolangatta valued at $701,000</li>
<li>27.6 hectares at Devitts Lane, Meroo Meadow valued at $782,000</li>
<li>16.2 hectares at Jacks Corner Road, Kangaroo Valley valued at $574,000</li>
<li>16.2 hectares at Princes Highway, Termeil valued at $418,000</li>
<li>16.2 hectares at Bayly Road, Tomerong valued at $399,000 </li>
</ul>
Typical village land values were:
<ul>
<li>911 square metres at Cullen Crescent, Kangaroo Valley valued at $226,000</li>
<li>607 square metres at Cyrus Street, Hyams Beach valued at $1,000,000</li>
<li>613 square metres at Edwin Avenue, Lake Conjola valued at $799,000</li>
<li>607 square metres at Surf Tide Avenue, Bawley Point valued at $270,000</li>
<li>699 square metres at Torquay Drive, Lake Tabourie valued at $140,000</li>
<li>2,390 square metres at Bellfield Place, Tomerong valued at $174,000</li>
</ul>
 
 
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Shoalhaven land values down 3.3% in three years

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The record-setting $5.71 million Surry Hills, Sydney warehouse sale by businessman Neville Miles and his artist wife, Beryl, to a McMahons Point couple topped the prices in the weekend auctions.
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Marketed as arguably Sydney’s finest single-dwelling warehouse, its McGrath selling agents Ben Collier and Andrew Hackett had been seeking $5 million plus for the Bennett Place warehouse (pictured above) which dates back to the 1870s.
There was a $5.5 million reserve on the backstreet warehouse, which had been extensively renovated by Hare + Klein since the 247-square-metre holding last sold at $3.1 million in early 2009.
The previous Surry Hills warehouse record holder was sold late last year by entrepreneur Duncan Burns for $4 million through D'Leanne Lewis of Laing + Simmons Double Bay and Shannan Whitney of BresicWhitney.
{yoogallery src=[images/stories/feb27riley]}
When the Riley Street property (pictured above) was listed in August, the agents hoped it would fetch more than $5 million.
It’s a 297-square-metre Riley Street block.
The bachelor pad-style abode had a three-level configuration for one person with 750 square metres of living space. On one wall at its open for inspection was a Burns Philp poster of the company that was formed in the 1870s and originally concentrated on Australian passenger and cargo coastal trade.
It’s been bought by Robert Willis, who has recently put it up for rent at an undisclosed price. The BresicWhitney ads suggest a $15,200 bond is required.
It had enormous open-plan living and dining zones, a custom-fitted home cinema, a private outdoor area with a heated plunge pool.
Its basement was a 10-car garage.
While the facade of the original building remains, its interior was rebuilt seven years ago after Burns bought the property for $500,000 in 1994.
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Surry Hills millionaires show a flair for pricey warehouse conversions 

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Cookbook queen Donna Hay and her butcher husband, Bill Wilson, have listed the last of their Windsor Street, Paddington, investment terraces.
The Windsor Street investment terrace - which comes in Tabbereresque all-white - was bought for $1.42 million in 2003.
The couple secured $2.15 million when their unrenovated two-bedroom terrace was auctioned in 2009 some three years after it was purchased for $1,035,000.
The couple also own a $3.85 million Watsons Bay residence. They retain another investment property in Holdsworth Street, Woollahra, which was bought for $1,615,000 in 2008 for Hay’s homewares shop.
The March 4 auction listing comes with $2.4 million hopes through McGrath agent James Dack. McGrath has three other Windsor Street listings.
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Cookbook queen Donna Hay serves up seconds for Paddington terrace buyers: Title Tattle

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Nip/Tuck star Julian McMahon has listed the long-time home of his mother, the late Lady (Sonia) McMahon. The property has been listed for March 24 auction with $6 million-plus hopes by the executors of the estate. Sonia McMahon, the widow of former prime minister Sir William McMahon, bought the building block for $3 million in 1991 and subsequently constructed a French Riviera-inspired residence on its 1252-square-metre holding.
The four-bedroom house has large entertainment areas plus lawn and pool, cabana and a sauna.
It has a northerly aspect and some harbour views from its hillside Victoria Road vantage point.
The house was briefly in the headlines in 1996 after 30 alterations were carried out without council permission.
It’s been listed through Sally Hampshire of Laing+Simmons Double Bay and Victoria Morish of Di Jones Real Estate. Internet advertising for the property was posted this week.
It’s been rented over the past few years.  The house is furnished as Sonia left it.
Sonia McMahon was 77 years old when she died in April 2010. Her husband, who was prime minister between 1971 and the December 1972 election, died in 1988 aged 80. She’d held onto her previous nearby empty 1920s Drumalbyn Road, Bellevue Hill home. Last June <a href="https://www.propertyobserver.com.au/new-south-wales/nip/tuck-star-julian-mcmahon-sells-childhood-home/2011062450590" target="_blank">Julian and his two sisters secured $9 million from the sale of their late mother’s earlier Sydney residence</a>.
The Australian actor and former fashion model grew up in the Bellevue Hill home, which was bought in 1968, the year of his birth.  Julian has an older sister, Melinda, and a younger sister, Deborah.
No doubt the next eventual listing by the executors will be Lady McMahon’s Palm Beach weekender. It cost $975,000 in 1993.
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