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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<img src="/images/stories/barangaroo-cropped.jpg">
The Barangaroo waterfront development project on Sydney’s western CBD foreshore ought to proceed, even if the nearby Wynyard station faces being overloaded after the project’s completion, the project's lead architect says.
“Would it be better with more public transport? The answer is yes,” Lord Richard Rogers said when asked if there was a public transport deficit surrounding the project.
“You have to go ahead, even without it, as otherwise the precinct will be even less sustainable,” Lord Rogers said in an interview proceeding the release of the NSW Auditor-General's report that suggests an extra 13,000 commuters a day will pass through Wynyard station to get to work at Barangaroo within a decade.
The Auditor-General's report highlighted the transport challenge of delivering 22,700 people to Barangaroo, with the former government lacking any specific transportation initiatives.
“It was a pity they (the Labor government) haven’t done more and I hope [the Coalition government] go ahead now, especially with the light rail,” Lord Rogers said.
He said all he could assume was if the density was increased “then ideally a visionary government will put the public transport”.
“It will all help – using the harbour more would be wonderful. I don’t understand why it’s used so little,” he said.
Lord Rogers describes the renewal of the 22-hectare stretch of concrete and East Darling Harbour wharves as ''turning Sydney's back door into another front door''.
“The water is critical, the public space is critical, the city is growing and you need more public space,” he says.
The Barangaroo Development Authority has set a target that 63% of commuters will travel to the precinct by train.
“You could also persuade people to go by bicycle … and you wouldn’t have a congestion problem here if 37% went by bike like in Copenhagen.
“It would help if Sydney had more walking, better roads, beautiful trees and safer footpaths,” he says.
“I have been delighted to see there’s a lot of stress on new infrastructure and public transport (from the new government), which I think is really critical,” Lord Rogers says.
“It would be wrong to restrict the development to existing infrastructure,” said Ivan Harbour, a partner at London-based architectural firm Rogers Stirk Harbour + Partners, whose design was selected for the project.
Lord Rogers spoke about the development when he was in Sydney in May to review the project and to meet NSW Planning Minister, Brad Hazzard.
Wynyard, which opened in 1932, averages about 108,000 passenger movements a day between Monday and Friday. As the third-busiest station on the CityRail grid, it has more than 37,000 people arrive there every morning.
The Auditor-General’s report revealed that even without the Barangaroo development, Wynyard would hit capacity by 2017.
''The success of Barangaroo depends very much on people being able to get there and leave with ease,'' Auditor-General Peter Achterstraat says.
The NSW Planning and Infrastructure Minister, Brad Hazzard welcomed the AuditorGeneral’s report on Barangaroo, stressing it highlighted issues Labor failed to address when in government.
“Barangaroo is a bold project for Sydney and this report confirms the government’s view thatthe former Labor government failed to address all aspects needed to maximise the potentialof this project,” Mr Hazzard says.
“The report also confirms the government was right to instigate a ‘short?sharp review’ of theprocesses involved in Barangaroo.
“What is contained in the Auditor-General’s report comes as no surprise to the newgovernment, but is a very valuable tool in ensuring the best possible outcome forBarangaroo.
“Barangaroo is a golden opportunity for world?class development and working with Lend Lease, the NSW Government will ensure Sydney becomes number one again.
“I will be working with my colleagues, including Transport Minister, Gladys Berejiklian toaddress the issues necessary to make the outcome of Barangaroo the very best.”
The Australian Institute of Architects NSW Chapter says there is an urgent need to analyse the transport requirements for the development site and for the government to be satisfied that the requirements would be met within the timeframe of the proposed development of Barangaroo South.
“A full transport plan is required,” the institute says in its submission to Brad Hazzard’s review of the project.
“The government has an obligation to co-ordinate adequate infrastructure to respond to the transport needs of the site’s development.
“While the proposed ferry service will be a welcome addition to the transport mix, what is needed for the anticipated peak-hour demand is a second heavy rail line or a Metro, and possibly both.
“There is a possibility at Barangaroo of creating a new precinct that fundamentally alters the public/private transport mix in favour of public transport.“But a shift of this kind requires careful long-term planning and infrastructure funding.
“The Transport Management and Accessibility Plan submitted with the developer’s concept plan modification proposal was largely completed in 2008, prior to the cancellation of the City Metro.
“The 2010 update acknowledged the need for a new high-volume pedestrian tunnel from Barangaroo to Wynyard Station and George Street and two bridges over Hickson Road.
“The problem is that Wynyard Station is known to be over capacity already.
“The design of the platforms has been assessed as being critically narrow to the point of risk to life.
“There needs to be an analysis of the loading capacity of light rail from the CBD to Circular Quay via Sussex Street and Hickson Road and of the ferry service to and from Margaret Street, particularly at peak hours.
“In addition, an appropriate area needs to be set aside for transport purposes at the southern end of the site to safeguard future heavy rail and future metro services,” the institute says.
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jchancellor-FAypfDUnLy

Barangaroo must proceed, even with Wynyard woes: Lord Rogers

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Property developer Frasers has entered an agreement with Japanese construction firm Sekisui House to jointly develop the majority of the $2 billion Central Park project in central Sydney.
While the value of the deal has not been disclosed, a spokesperson confirmed that it is 50/50 joint venture.  “Both parties are equal partners in the joint venture,” she told Property Observer.
Work on the 5.8-hectare, mixed-use site began in late 2008 and completion of the project is expected to take between eight and 10 years.
To date, more than 500 apartments have been sold off-the-plan for the first residential stage, ‘One Central Park’, which is due for completion by mid-2013. The 116-metre, 33-storey tower will comprise a 632 apartments upon completion and has been designed by French architect Jean Nouvel.
The first batch of 228 apartments, priced between $460,000 and $1 million, was sold off-the-plan within six weeks of being released in August 2010.
A second batch of 100 apartments was released in October 2010, priced between $515,000 and $1.2 million, and a third batch of 150 apartments was released in December 2010 between $610,000 and $1.25 million.
Central Park is 1.5 kilometres from the Sydney Town Hall and is defined by Broadway, Abercrombie Street, O’Connor Street, Wellington Street and Kensington Street in Chippendale.
Upon completion Central Park will comprise about 1,900 apartments, student housing, a hotel, a 16,000-square-metre multi-level retail centre and a 75,000-square-metre commercial office campus.
Due to the demand, construction of Central Park’s second residential stage, ‘Park Lane’, has been brought forward, with construction expected to begin shortly.
Frasers is currently involved in similar joint ventures with Sekisui House in Singapore.
Sekisui House Limited has a market cap of 541 billion yen ($6.76 billion) and recently marked the completion in Japan of two million homes.
Under the terms of the joint venture, which will come into effect after satisfaction of relevant conditions, Frasers will continue as development manager, project manager and sales and marketing manager for the project.
Frasers Property Australia CEO Guy Pahor says the joint venture will allow Frasers to recycle capital into other development opportunities in line with the company’s strategic growth objectives.
Frasers purchased the site in 2007, began demolition and early infrastructure works in 2008 and achieved master plan approval in early 2009.</body></html>

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Japanese developers partner with Frasers on Central Park 

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Highlighting the trend of wealthy private schools buying up their neighbours, the 1911 Darling Point mansion Duntrim, which was expected to fetch more than $15 million, has been sold to neighbour Ascham School for $12.25 million.
The 4500-square-metre Darling Point Road property in Sydney’s inner eastern suburbs was listed under instructions from the former NSW Labor state government through Colliers agents Guillaume Volz and Robert McCuaig.
“We believe this site will be the key that unlocks the school so we continue to offer our students the best possible education and school experience,” Diane Grady, chairwoman of the Ascham council of governors says.
“This is an important step in our long-term strategic planning.”
After necessary renovations the school plans to use the existing three buildings to expand its residential boarding facilities.
The school also plans to build classrooms on the site to enhance its science facilities.
Website schoolschoice.com.au suggests Ascham has 1000 students with 100 boarding places.
Now occupying about 3.7 hectares, Ascham, one of the oldest girls’ schools in Australia, was founded by Miss Marie Wallis in 1886 with nine pupils in a Marathon Avenue, Darling Point terrace.
Miss Wallis named the school after Roger Ascham, tutor to Queen Elizabeth I.
The school moved to its current location in 1909 with the purchase of the two-storey Victorian Italianate 1870s house Glenrock, which came with a Moreton Bay fig tree, now thought to be more than 150 years old.
The school’s website suggests the tree embodies the school’s continuity and growth, with Ascham appreciative of the contributions of all who worked toward the school’s development during the past 125 years.
“Such a unique and large parcel of land in a prestigious eastern suburbs location provided a once-in-a-generation opportunity,” McCuaig said on the Duntrims listing.
“The proposed heritage listing would make it a significant challenge to secure buyer interest.”
The NSW Department of Health, which housed a renal dialysis unit at the arts and crafts-style mansion, bowed to public pressure in November 2010, withdrawing demolition plans that would have maximised its value.
Engaging Urbis heritage consultant Stephen Davies, Ascham School was the major opponent to the demolition of Duntrim when it came before Woollahra Council’s consideration.
The house, built for hardware merchant William Macpherson, was a private home until Sydney Hospital began using it as a nurses home in 1954.
In 1989 then Liberal Government Minister for Health Peter Collins included Duntrim in a long list of departmental property that he was seeking to sell, with funds invested in building new hospitals and health facilities.
Ascham has previously conserved and adapted for school residential use the Yeomerry residence in nearby St Marks Road and Duntrims architect Maurice Halligan designed another house within the school grounds, Raine, now the junior boarding facility.
Sydney Church of England Grammar School (Shore), heads the list of schools on the recent acquisition trail. 
 It offered the $35.2 million winning bid for the 2.65-hectare Graythwaite site in North Sydney in 2009, which took the portfolio of the wealthy private school to around 86 different titles.
 Shore had bought 12 properties in the prior decade around its 5.65-hectare campus near North Sydney's business district and nine hectares of playing fields in Northbridge. 
 Other well-heeled private schools that have spent up on property include The Scots College, which bought a house in Bellevue Hill for $4.1 million in 2008.
 Newington College spent $5.2 million on the Braeside Anglican Hospital site after the $3.51 million purchase in 2007 of the Concordia Club site on Stanmore Road. 
 Ascham’s purchase was overseen by the school board’s treasurer Steve Harker, the chief executive officer of Morgan Stanley Australia.
 After graduating from the University of Sydney with a Bachelor of Economics and a Bachelor of Law, Mr Harker was a research officer for the Federated Ironworkers Association of Australia from 1979-1983 and was then a research officer with the Reserve Bank of Australia.
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Ascham School snaps up Darling Point neighbour

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{yoogallery src=[images/stories/june27bayviewst]}
27 Bay View Street, Lavender Bay, McMahons Point, NSW, 2060
This four-bedroom, two-bathroom house has been sold for $2,105,000 through <a href="https://www.rwlns.com/" title="Ray White" target="_blank">Ray White Lower North Shore</a> agent Marshall Mullen. It’s a Victorian era terrace with a Sydney Harbour backdrop located a short walk away from the heart of the village and the convenience of ferries. It has bright interiors over its four levels and is in the most sought-after foreshore suburb. It last sold in April 2000 for $1,293,000, thereby reflecting 4.4% annual growth.


 
{module 238}
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Harbour bridge backdrop in Lavender Bay yields 4.4% annual growth

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{yoogallery src=[images/june26jonnelpark]}
14112 Pacific Highway, Nabiac, NSW, 2312
Comprising 14 hectares of excellent farmland, Jonnel Lodge has plenty of sheds, bores and good grazing land. The property currently has more than 30 head of cattle, but would also be good as a horse farm or used for hospitality. It is a 20-minute drive from the town of Forster and an hour and a half from Sydney. The beach is a 15-minute drive away. The house itself has 590 square metres of space and includes four bedrooms and three bathrooms. The games room, currently set up with a full-sized pool table and wet bar, overlooks paddocks and the nearby Wallamba River. <a href="https://www.ljhooker.com.au/7P7F85" title="LJ Hooker" target="_blank">LJ Hooker Wigham</a> agent Peter Sayers is marketing the property, which has a price expectation of $1.4 million plus. 
 
{module 238}
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cknowlton-QnEa6ntUYP

Rural haven in Nabiac

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{yoogallery src=[images/stories/june27bayviewst]}
5 Torrington Road, Maroubra, NSW, 2035
Not far from the picturesque Maroubra coastline, this four-storey contemporary home has been sold for $2,395,000. It comes with roof terrace and  four double bedrooms. It sold through <a target="_blank" title="Century 21" href="https://www.century21.com.au/southcoogee/">Century 21 Coastline Properties </a>agent Richard Movsessian. It last sold for $2.35 million in September 2008.
 
 
{module 238}
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Pretty as a picture in Maroubra

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{yoogallery src=[images/stories/june27spruson]}
11 Spruson Street, Neutral Bay, NSW, 2089
This four-bedroom, three-bathroom house was designed by architect B.J. Waterhouse and has early 1900s charm. Just a five-minute walk from Hayes Street Wharf, the 639-square-metre property includes tranquil gardens and a pool. It was sold by <a href="https://www.rhnb.com.au/" target="_blank">R</a><a href="https://www.rhnb.com.au/" title="Raine&amp;Horne" target="_blank">aine &amp; Horne Neutral Bay</a> agent Terry Howard for $2.65 million on Thursday, June 23, 2011. The latest marketing suggested a price expectation of $2.5 million plus, having been listed in 2010 with $3.3 million hopes. It last traded at $2,325,000 in November 2003, reflecting  1.7% growth.
 
{module 238}
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Waterhouse-designed beauty in Neutral Bay

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{yoogallery src=[images/stories/june26beresford]}
2/1B Beresford Road, Rose Bay, NSW, 2029
Designed by Weir Philips Architects and Pyke Designs, this penthouse apartment in prestigious Rose Bay has all the luxuries. The four-bedroom apartment has 400 square metres of interior space and 300 square metres of exterior space, five marble bathrooms, a Miele kitchen and a rooftop entertainment area. The penthouse has its own entrance and an internal lift, and it has harbour views from floor-to-ceiling windows, its extensive balconies and the mosaic-tiled swimming pool. The property is being sold by <a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/128721" title="McGrath" target="_blank">McGrath </a>agents  Steven Chen and Paul Ephron with price hopes of $4.7 million plus.
 
{module 238}
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Harbour views in Rose Bay

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{yoogallery src=[images/stories/june26floridard]}
69 Florida Road, Palm Beach, NSW, 2108
Every room in this luxurious five-bedroom, six-bathroom house has water views. On a 1,200-square-metre block, this is one opulent beach house, just 200 metres from the water. Its northerly aspect means it is filled with light, and the 4o-square-metre covered veranda would be ideal for entertaining. The house is being marketed by <a target="_blank" title="Richardson and Wrench" href="https://www.propertyobserver.com.au/https://www.rwm.com.au/134391">Richardson &amp; Wrench</a> agent Richard Simeon in conjunction with Raine &amp; Horne agent Glenn Lee, with price expectations of $5.95 million plus. 
 
 
{module 238}
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Tranquility and water views in Palm Beach

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Coal mining executive Peter Bond from Linc Energy has spent $2,125,000 to buy the landmark 125-year-old former Redfern post office, now an office building, as an investment. It was sold recently by Max Markson, the publicist who had used the Redfern Street heritage property as the base for publicity business Markson Sparks for five years. The building, which has a clock tower and bell, sold through McGrath agents Paul Ephron and Ben Forsyth. Markson had bought it from Sorin Dascalu &amp; Associates in 2006 for $1.9 million.
“This commercial opening comes at a time of exciting regeneration and rapid development to the vibrant city fringe location,” Ephron says.
The former Redfern Post Office, in Redfern, NSW, was built in 1882. It has a two-storey Victorian Italianate building plus a dominant four-and-half-storey corner clock tower. The post office included a telegraph office, parlour, drawing room, three bedrooms, kitchen, a servant’s room, bathroom, scullery, washhouse, fuel shed and two stall stables. In 1880, £3000 was provided for the erection of the Redfern post office, and then the Public Works added a clock tower for an estimated extra £700.
The building has 480 square metres of internal space on its 330-square-metre Redfern Street block. Markson is looking for bigger space, and the upstairs tenant, Andrew Forrest’s Generation One Aboriginal employment initiative, retains occupancy of the upstairs space.
Redfern’s recent sales include Fiona Lochtenberg, the wife of Cockatoo Coal director Mark Lochtenberg, spending $2,215,000 through Cushman &amp; Wakefield agent<a title="Cushman &amp; Wakefield - Sydney" href="https://www.realcommercial.com.au/sold-leased/by-abcsyi/list-1"> </a>Lindsay Sturrock for a two-storey premises with 702 square metres of space on its 493-square-metre holding.
The Turner Street premises are opening as upmarket cabintery premises, Studio Becker, after a refurbishment overseen by Dale Jones-Evans Architects.
Bond has been an active player in the coal and gold mining industries in Australia for about two decades and overseas after building on his early engineering background. He gained a unique knowledge and understanding of the coal mining industry over the course of a diversified career spanning more than 20 years. Linc Energy is a Brisbane-based energy company specializing in coal and synthetic fuel production.
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