Melbourne developer Spacious Group has completed Voyage Altona, one of the closest new apartment developments to Altona Beach.

Off the plan purchasers have started moving into the 49-apartment project on Pier Street, with the remaining move-in-ready one-, two- and three-bedroom apartments starting from just over $500,000.

Display apartments have now been fitted out, allowing prospective buyers to inspect the completed residences by appointment.

[smartcode_project:default project_id=112195 project_image_fid=372638]

The completed apartments feature open-plan living and dining areas which extend onto private balconies and terraces, while full-height glazing maximises natural light throughout the interiors.&nbsp;

Hybrid timber-look flooring, stone benchtops, Miele appliances, porcelain-tiled bathrooms and generous storage feature throughout the building which also features landscaped communal areas, expansive shared terraces, lift access and secure on-grade parking.

Drawing inspiration from its bayside setting, Voyage adopts a restrained palette of warm neutral tones and textured finishes. Many of the apartments take advantage of views across Port Phillip Bay, while the indoor-outdoor living spaces have been designed to make the most of the coastal outlook.

[smartcode_project:default project_id=112195 project_image_fid=3286]

Voyage was developed to address what Spacious Group identified as an undersupply of higher-quality apartment product in Altona, with a focus on owner-occupiers looking to remain within the bayside community.

"Voyage responds to very strong local buyer demand for quality, owner-occupier-focused product," says Barry Plant Projects Director Jarrod Farey, who has handled sales since the project's launch.

"The project delivers an elevated lifestyle proposition, with its design and quality of finish far exceeding anything previously produced in the area, as well as its proximity to Pier Street Village and the beach."

The majority of purchasers have been local downsizers and owner-occupiers looking to stay within the Altona community but who previously had limited opportunities to buy a brand-new apartment.

[smartcode_project_cta:default project_id=112195]

Joel Robinson

Spacious Group completes Voyage Altona in Altona's beachside precinct

Homecorp has secured approval for a $360 million apartment development at Budds Beach, paving the way for one of the Gold Coast's most amenity-rich residential projects to launch later this year.

Gold Coast City Council has approved Lýon Residences, a 32-level tower that will deliver 178 two and three-bedroom apartments across a prominent corner site at 8-10 Acacia Avenue and 25-27 Oak Avenue.

The approval comes as developers continue to invest in premium lifestyle-driven apartment projects on the Gold Coast, where owner occupiers are increasingly prioritising amenity as much as apartment size and location.

<a href="https://www.apartments.com.au/new-apartments/l-on-residences-25-27-oak-avenue-surfers-paradise-qld-4217">Lýon Residences</a> has been designed around a resort-style wellness offering, headlined by a Moroccan-inspired spa precinct featuring treatment rooms, a Nordic sauna and steam room, hot and cold plunge pools, a soaking pool and a residents-only juice bar.

The rooftop will include a heated infinity pool and spa, residents' lounge with private kitchen and bar, gymnasium, yoga and Pilates studio, outdoor entertaining areas and barbecue facilities overlooking the Surfers Paradise skyline.

<img alt="Lyon" data-entity-type="file" data-entity-uuid="2d3e29af-8793-486e-a684-52cef862241f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-15%20at%204.32.26%E2%80%AFPM.png?VersionId=ayG2zpLf3SS6Zy8XmKDcQods4kVWb0gm" />

Homecorp Founder and CEO Ron Bakir said Budds Beach provided the ideal location for the company's latest luxury apartment project.

"Budds Beach represents one of the most unique and sought-after pockets of the Gold Coast, and Lýon Residences has been designed to reflect that sense of rarity and refinement," Bakir said.

The project arrives as wellness continues to become a defining feature of new residential developments both in Australia and internationally.

The latest Global Wellness Institute figures show wellness real estate remains the fastest-growing segment of the global wellness economy and is forecast to exceed $1.8 trillion by 2030. Australia continues to rank among the world's 15 largest wellness real estate markets, with developers increasingly integrating health, recreation and community facilities into apartment projects.

Queensland is also experiencing strong population growth, with the Gold Coast continuing to outperform many other Australian cities as demand for new housing remains elevated ahead of the 2032 Olympic and Paralympic Games.

Bakir said the project had been designed to respond to that shift in buyer expectations.

"Strong population growth and sustained demand across the Gold Coast continue to highlight the need for well-designed new housing supply. Lýon Residences responds directly to this demand while setting a new benchmark for residential living," he said.

Each apartment has been designed to maximise views across the coastline, the Nerang River and the Gold Coast hinterland.

Located just minutes from Surfers Paradise beach and the Broadwater, the development also offers easy access to the light rail network, Broadbeach and Burleigh Heads.

Early site works are underway, with construction expected to commence later this year.

Homecorp approved for Budds Beach apartment tower, Lýon Residences

New apartment developments with uninterrupted, north-facing views over Perth's Swan River are exceptionally rare.

Recognising just how limited those opportunities are, <a href="https://www.apartments.com.au/developers/edge-visionary-living">Edge Visionary Living</a>, one of Perth's most respected builder-developers, targeted <a href="https://www.apartments.com.au/developments/applecross-wa-6153">Applecross</a>, assembling an unrepeatable 6,342 sqm riverfront site on the corner of Moreau Mews and Canning Beach Road to create one of Perth's only new north-facing apartment developments directly overlooking the Swan River.

Today, <a href="https://www.apartments.com.au/buildings/riviere-residences-applecross-59-canning-beach-road-applecross-wa-6153">Rivière Residences</a> offers buyers a unique opportunity to choose between completed residences ready to move into now and off-the-plan homes in the final stage, Rivière West.

[smartcode_project:default project_id=28384 project_image_fid=3823]

Across the completed East and Central buildings, residents are already enjoying the development's luxury amenity, while two of the precinct's hospitality venues are now open.

The completed component of the development gives buyers the advantage of experiencing the finished product firsthand, including its uninterrupted river views, while still having the opportunity to secure a residence in the final stage.

"People are wowed by the view and the quality of the apartments,"&nbsp;Edge Visionary Living Sales Executive, Holly McSweeney, says.

"They're looking for the convenience of lock-and-leave living, but they're not looking to downsize on quality."

[smartcode_project:default project_id=28384 project_image_fid=3826]

The rarity of the development hasn't been lost on prospective buyers, McSweeney says.

For McSweeney, it all comes back to a location that is becoming increasingly difficult to replicate.

"Location, location, location," she says. "We are nestled right on the front of the Swan River. You can never get built out, so wherever you are in Rivière Residences, you've got views of the river forever."

The unique waterfront position has resonated particularly strongly with local downsizers. McSweeney says many buyers are long-time Applecross residents looking to transition from large family homes into a luxury apartment without sacrificing space, quality or the lifestyle they've enjoyed for decades.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/N_FowNW0wu8?si=vb25XFq1wZ-iufAW" title="YouTube video player" width="560"></iframe>

A major focus for Edge in recent years has been resident amenity. Across its apartment portfolio, from beachfront developments in Scarborough to luxury towers in South Perth, the developer has increasingly invested in the spaces beyond the apartment itself.

The strategy has largely been shaped by downsizer demand. Many buyers are moving from large family homes with swimming pools and established gardens. While they're looking to leave the maintenance behind, they don't want to compromise on lifestyle.

At Rivière, <a href="https://www.apartments.com.au/architects/hillam-architects">Hillam Architects</a> designed the resident facilities as an extension of each apartment. A 25-metre heated swimming pool takes advantage of the north-facing river outlook, complemented by a large gym, sauna and steam rooms, private dining spaces, residents' lounges, a cinema, games room, and dedicated wine and whisky rooms.

[smartcode_project:default project_id=28384 project_image_fid=372542]

The waterfront location has also proved to be a major drawcard. Residents are within walking distance of the Raffles Hotel, South of Perth Yacht Club, the Heathcote Cultural Precinct and the cafés, restaurants and boutiques along Ardross Street.

Beyond the location and amenity, McSweeney says many buyers take confidence from Edge's fully integrated development model.

Having delivered apartments across Perth for decades, Edge now designs, develops and constructs its projects in-house, giving the company greater control over quality, delivery and the finished product.

"What I love is when people walk through their apartment for the first time and say, 'This is better than what we imagined,'" McSweeney says. "We hear that all the time."

Completed apartments in the East and Central buildings are now available to inspect by appointment, while Rivière West, the final stage of the precinct, is expected to be completed in the first quarter of 2027.

[smartcode_project_cta:default project_id=28384]

North-facing Swan River views drive demand at Rivière Residences in Applecross

Nearly 60 per cent of apartments at McNab Group's $220 million The Tannery development in Brisbane's West End have sold ahead of the project's public launch, including a suburb-record $2.57 million sale for a two-bedroom apartment.

The early sales campaign has secured buyers for 50 of the project's 87 apartments, highlighting continued demand for larger owner-occupier apartments that combine generous floorplans with premium lifestyle amenities in one of Brisbane's most tightly held inner-city suburbs.

[smartcode_project:default project_id=143337 project_image_fid=374768]

McNab Group Executive Chairman Michael McNab said selling more than half the project before launch reflected changing buyer expectations.

"Selling more than half the project before public sales open tells us buyers are actively seeking apartments that offer something genuinely different," McNab said.

"Today's buyers are looking beyond four walls. They want homes that genuinely enhance the way they live, with spaces that support health, connection and everyday wellbeing."

[smartcode_project:default project_id=143337 project_image_fid=374767]

A key point of difference for the project is the adaptive reuse of the heritage-listed Dixon's Tannery building, which will become The Retreat, a residents-only wellness precinct rather than being redeveloped into additional apartments.

The Retreat will feature a sauna and steam room, hot and cold plunge pools, a commercial-grade gym, Pilates studio, cinema, library, co-working spaces and private dining room. Rooftop amenities will include a swimming pool, landscaped gardens, outdoor entertaining areas and dog-friendly spaces.

[smartcode_project:default project_id=143337 project_image_fid=374760]

Designed by Cottee Parker Architects with interiors by Tom Mark Henry and landscape architecture by Aspect Studios, The Tannery comprises 87 two, three and four-bedroom apartments across 11 levels overlooking the Brisbane River.

Cottee Parker principal Dee Passenger said preserving the original tannery building had been central to the project's design.

"The easy option would have been to maximise the site's development potential with additional apartments. Instead, McNab has chosen to preserve the original tannery as a shared wellness retreat, ensuring this important piece of Brisbane's history remains at the heart of the community."

Passenger said sustainability also played a key role in the design, with materials from the original industrial site salvaged and repurposed throughout the development.

[smartcode_project:default project_id=143337 project_image_fid=374761]

Motiv CEO Carly Cottam said buyers had responded strongly to the combination of larger apartments, wellness facilities and the West End lifestyle.

"We are seeing more buyers looking for homes in the sky that provide the space and functionality of a traditional home, while benefiting from the convenience and lifestyle that apartment living brings," Cottam said.

She said purchasers included both owner occupiers and investors, with demand coming from local buyers as well as interstate purchasers.

Coinciding with the public launch, McNab also announced a partnership with Queensland Ballet, whose neighbouring Thomas Dixon Centre shares historical ties with the original Dixon family.

Located on a 4,465 sqm site at 439 Montague Road, The Tannery overlooks the Brisbane River and is around 10 minutes from the CBD.

Construction is underway, with completion expected in the second half of 2027.

[smartcode_project_cta:default project_id=143337]

More than half of residences sold before public sales as McNab announces significant partnership with Queensland Ballet

McNab's The Tannery nears 60 per cent sold before public release, sets two-bedroom West End record

Iwan Sunito's vision for a landmark mixed-use precinct in Sydney's Inner West has taken a major step forward, with approval granted for the $1.9 billion Five Dock development first unveiled earlier this year.

The approved scheme by <a href="https://www.apartments.com.au/developers/one-global-capital">One Global Capital</a> will deliver an 80,500 sqm mixed-use precinct comprising 840 apartments, integrated hotel accommodation, commercial and retail space, alongside publicly accessible open space designed to create a new destination for the growing suburb.

"This is a significant milestone for One Global Capital and for the future of housing delivery in Sydney," Sunito said.

"The Housing Delivery Authority was established to identify major housing projects capable of delivering meaningful supply more efficiently, and we are delighted that Spencer Street has been recognised as one of those projects.”

He said the declaration reflected the rapid progress achieved since acquiring control of the site.

"In less than seven months we have progressed from taking control of the site to securing entry into one of the NSW Government's most important planning pathways. It reflects the experience of our team, the strength of our consultant group led by Urbis, and our long-term commitment to delivering transformational projects that contribute to Sydney's future."

When the project was revealed earlier this year, Sunito described the opportunity as one of the strongest development sites he had worked on.

"I probably hadn't appreciated the uniqueness of the site until more recently when putting together the concept plans," Sunito said.

"The proximity to the water, and the golf course opposite, is unlike any other part of Parramatta Road. We have a unique position and view corridors over the water that makes this one of the best sites I've worked on."

The development has evolved since its initial announcement, with the approved plans increasing the residential component from the originally proposed 750 apartments to 840 homes while retaining the project's focus on creating an integrated neighbourhood rather than a standalone residential development.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/a-city-within-a-city-iwan-sunito-flags-1-5-billion-mixed-use-precinct-in-five-dock">"A city within a city": Iwan Sunito flags $1.5 billion mixed-use precinct in Five Dock</a>

The precinct will combine apartments with hotel accommodation, commercial workplaces, retail offerings and public spaces, creating a mixed-use environment intended to serve both residents and the broader Five Dock community. The proposal also continues the collaboration between One Global Capital and internationally recognised architect <a href="https://www.apartments.com.au/architects/koichi-takada-architects">Koichi Takada</a>, whose previous work with Sunito includes Infinity, Arc and Skye North Sydney.

Takada previously said the design was driven by a philosophy of integrating nature into the built environment.

"The concept for this development is born from our design approach to naturalising architecture," Takada said.

"The public realm benefits from biophilic design that integrates generous landscaping, and the development is optimised for natural daylight, airflow and water views to foster wellbeing, sustainability and spaces that foster community interaction."

Sunito has consistently described the project as a "city within a city", with a strong emphasis on creating a destination that extends beyond housing.

"We want to create a development that's not only to be seen, but to be experienced by the whole local community," he said.

The approval comes as Five Dock continues its transformation ahead of the opening of the Sydney Metro West line, with the new Five Dock station set to significantly improve connections between the Inner West, Parramatta and the Sydney CBD.&nbsp;

The precinct will also benefit from its proximity to the Parramatta Road corridor, nearby waterfront parklands and established retail and dining offerings that have made Five Dock one of Sydney's most tightly held Inner West suburbs.

Iwan Sunito secures approval for $1.9 billion Five Dock mixed-use precinct

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.

[smartcode_project:default project_id=114215 project_image_fid=204874]

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>

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Ellen Walker

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

Work is expected to resume later this year on the Nightcliff apartment complex Seabreeze in Darwin.

The project stopped construction in 2016 given the ailing Northern Territory economy and a downturn in the apartment market.

Sunbuild has reportedly lodged a reapplication permit for the site on the corner of Progress and Dick Ward drives.

Sunbuild owner Neil Sunners has begun the process of completing the five-storey, 92-apartment development.

About a third of the project had been completed, the NT News reported.

Sunners said it had taken until now for confidence in the economy to return.

“I believe the time is right in Darwin to get going again, as the economy is stronger than a few years ago and confidence is continuing to grow,” Sunners told the NT News.

He expects it will take about eight months to complete with works likely to begin around August.

The project was first mooted in 2009

Darwin, which is a small town and relies on big oil and mining projects, has seen a weak apartment market.

According to the latest data from real estate firm Raine & Horne, the number of properties hitting the market for sale in Darwin is about 75% higher than the capital city’s historical January average.

Glenn Grantham, at Raine & Horne, noted there had been a surge of vendors releasing their properties for sale in January, "after many recognised last year had been very good for capital growth.” 

In 2021, Darwin’s real estate values increased by almost 15%, its highest annual growth rate in many years.

"Many of the properties for sale are long-term rentals. 

“Given the transient nature of Darwin’s workforce, plenty of tenancy agreements end at this time of year and rather than seeking to find a new tenant, the owners are deciding to put the properties on the market for sale
.
“This decision makes plenty of sense as it is often more straightforward to show a vacant property to buyers than a home with a tenant.”

"Around 85% of buyers in Darwin are currently owner-occupiers seeking to a first home or to upgrade. 

"If there is a lease in place on a property, first home buyers and upgraders will look elsewhere.

“We’ve even seen an increase in off-market sales to tenants.

“These off-market sales not only take the tenant out of the rental market but also take the long-term investment properties out too.”

 “The silver lining is that a smaller pool of rental properties combined with strong tenant demand will push up investment yields in Darwin which is great news for investors.”

Sunbuild stopped construction at the site in 2016 

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Seabreeze, Darwin apartment block set for 2022 construction restart

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Houses in Darwin’s Stuart Park took an average of 148 days to sell last year, the longest of any locality in the Northern Territory, according to RP Data. This was closely tailed by Humpty Doo near Darwin, <a target="_blank" href="https://www.propertyobserver.com.au/hotspots/humpty-doo-home-of-the-big-boxing-crocodile-among-eclectic-mix-of-25-post-gfc-hot-spot-kings/2012032253977">home of the Giant Boxing Crocodile</a>, where it took 131 days to sell. There were just 26 sales in Darwin last year.
<table border="0" cellspacing="0" cellpadding="0" width="187"><tbody>
<tr>
<td width="84" nowrap valign="bottom">
Locality
</td>
<td width="103" nowrap valign="bottom">
Days on Market
</td>
</tr>
<tr>
<td width="84" nowrap valign="bottom">
<a target="_blank" href="/news">Stuart Park</a>
</td>
<td width="103" nowrap valign="bottom">
148
</td>
</tr>
<tr>
<td width="84" nowrap valign="bottom">
<a target="_blank" href="/news">Humpty Doo</a>
</td>
<td width="103" nowrap valign="bottom">
131
</td>
</tr>
<tr>
<td width="84" nowrap valign="bottom">
Herbert
</td>
<td width="103" nowrap valign="bottom">
123
</td>
</tr>
<tr>
<td width="84" nowrap valign="bottom">
<a target="_blank" href="/news">Gray</a>
</td>
<td width="103" nowrap valign="bottom">
116
</td>
</tr>
<tr>
<td width="84" nowrap valign="bottom">
<a target="_blank" href="/news">Lyons</a>
</td>
<td width="103" nowrap valign="bottom">
109
</td>
</tr>
<tr>
<td width="84" nowrap valign="bottom">
<a target="_blank" href="/news">Ludmilla</a>
</td>
<td width="103" nowrap valign="bottom">
105
</td>
</tr>
<tr>
<td width="84" nowrap valign="bottom">
<a target="_blank" href="/news">Rapid Creek</a>
</td>
<td width="103" nowrap valign="bottom">
105
</td>
</tr>
<tr>
<td width="84" nowrap valign="bottom">
<a target="_blank" href="/news">Moil</a>
</td>
<td width="103" nowrap valign="bottom">
100
</td>
</tr>
<tr>
<td width="84" nowrap valign="bottom">
<a target="_blank" href="/news">Wagaman</a>
</td>
<td width="103" nowrap valign="bottom">
98
</td>
</tr>
<tr>
<td width="84" nowrap valign="bottom">
<a target="_blank" href="/news">Rosebery</a>
</td>
<td width="103" nowrap valign="bottom">
94
</td>
</tr>
</tbody></table>
Source: RP Data
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Stuart Park slowest-selling locality in Northern Territory: RP Data

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Vendors in the Northern Territory have not been forced to offer discounts as deep as those in other states and territories, according to SQM Research. 
The most discounted property in Tasmania, 588 White Beach Road, White Beach, has had its price expectations dropped a whopping 49%, and the vendors of the most  discounted property in WA, 146 Maddington Road, Maddington, have dropped their price hopes by 36%. In contrast, the most discounted property in the Northern Territory, 35 Flinders Drive, Stuart Park, has been discounted by a more modest 20%.
"Upon quick glance, it is evident that the discounting for this particular capital city appears somewhat muted in comparison to other capital cities that we have examined," SQM director Louis Christopher says.
However, he is quick to point out that the pecentage of discounting is not necessarily the best indicator of a state's market.
"As stated many times by SQM Research, our top 10 most discounted properties list is not necessarily an accurate representation of the property market overall, however this minimal level of discounting can be explained due to the number of mining towns in the NT where a property boom is still occurring, preventing the market from suffering substantial declines," he says.
 
<h2 style="font-size: 18px; line-height: 21px;">1</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.realestate.com.au%2Fcgi-bin%2Frsearch%3Fa%3Do%26id%3D106984366" target="_blank">35 Flinders Drive, Stuart Park, NT, 0820</a> (pictured)
On the market since: November 13, 2010
Initial asking price: $1.15 million
Current asking price: $925,000
Reduction: 20%
Days on market: 350
 
<h2 style="font-size: 18px; line-height: 21px;"></h2>
<h2 style="font-size: 18px; line-height: 21px;">2</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.realestate.com.au%2Fcgi-bin%2Frsearch%3Fa%3Do%26id%3D107082335" target="_blank">1/26 Lakeside Drive, Alawa, NT, 0810</a>
On the market since: January 1, 2011
Initial asking price: $395,000
Current asking price: $325,000
Reduction: 18%
Days on market: 301
 
3
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2008926190" target="_blank">5/78 Kurrajong Crescent, Nightcliff, NT, 0810</a>
On the market since: April 9, 2011
Initial asking price: $380,000
Current asking price: $319,000
Reduction: 16%
Days on market: 203
 
<h2 style="font-size: 18px; line-height: 21px;">4</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.realestate.com.au%2Fcgi-bin%2Frsearch%3Fa%3Do%26id%3D107302548" target="_blank">29 Bayview Boulevard, Bayview, NT, 0820</a>
On the market since: April 9, 2011
Initial asking price: $1.9 million
Current asking price: $1.6 million
Reduction: 16%
Days on market: 203
 
<h2 style="font-size: 18px; line-height: 21px;">5</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.realestate.com.au%2Fcgi-bin%2Frsearch%3Fa%3Do%26id%3D106271967" target="_blank">365 Lot 3731 Launceston Road, Dundee Beach, NT, 0840</a>
On the market since: January 30, 2010
Initial asking price: $389,000
Current asking price: $329,000
Reduction: 15%
Days on market: 637
 
<h2 style="font-size: 18px; line-height: 21px;">6</h2>
<a target="_blank" href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2008877486">38 Dwyer Circuit, Driver, NT, 0830</a>
On the market since: March 19, 2011
Initial asking price: $555,000
Current asking price: $470,000
Reduction: 15%
Days on market: 224
 
<h2 style="font-size: 18px; line-height: 21px;">7</h2>
<a target="_blank" href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.realestate.com.au%2Fcgi-bin%2Frsearch%3Fa%3Do%26id%3D106704843">33/184 Forrest Parade, Rosebery, NT, 0832</a>
On the market since: July 24, 2010
Initial asking price: $430,000
Current asking price: $365,000
Reduction: 15%
Days on market: 462
 
 
<h2 style="font-size: 18px; line-height: 21px;">8</h2>
<a target="_blank" href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.realestate.com.au%2Fcgi-bin%2Frsearch%3Fa%3Do%26id%3D107167249">1/66 Stuart Highway, Stuart Park, NT, 0820</a>
On the market since: February 12, 2011
Initial asking price: $346,000
Current asking price: $300,000
Reduction: 13%
Days on market: 259
 
<h2 style="font-size: 18px; line-height: 21px;">9</h2>
<a target="_blank" href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.realestate.com.au%2Fcgi-bin%2Frsearch%3Fa%3Do%26id%3D106295188">273/8 Gardiner, Darwin, NT, 0800</a>
On the market since: February 6, 2010
Initial asking price: $1.25 million
Current asking price: $1,086,195
Reduction: 13%
Days on market: 630
 
<h2 style="font-size: 18px; line-height: 21px;">10</h2>
<a target="_blank" href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2008822194">8 Costello Court, Farrar, NT, 0830</a>
On the market since: February 19, 2011
Initial asking price: $538,000
Current asking price: $470,000
Reduction: 13%
Days on market: 252
 
SQM Research also offers a list of the <a target="_blank" title="SQM Research" href="https://www.sqmresearch.com.au/top100bargains.php">Top 100 Biggest Bargains in Australia </a>for sale.
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Darwin house price discounts muted in comparison with other capitals: SQM

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Lonely Planet has named Darwin as one of the top 10 cities in the world to visit, suggesting the tourism and hotel industry could be set for a boost in the Northern Territory capital. 

It was the only Australian city to rate a mention in the Best in Travel publication’s top 10. 
Darwin came in last behind big names like London, Muscat, Bangalore, Cadiz, Stockholm, Guimaraes, Santiago, Hong Kong and Orlando. 
Lonely Planet described Darwin as a “hip city to visit” with a “pumping nocturnal scene, magical markets and world-class wilderness down the road”. 
As tourism operators struggle to cope with the high Australian dollar and the growing appeal of cheap Asian holidays, perhaps Darwin represents some hope for the leisure sector.
This article originally appeared on<a target="_blank" href="https://www.propertyobserver.com.au/https://www.startupsmart.com.au/business-ideas/darwin-tourism-just-dandy/201111074455"> StartupSmart.</a>
 
 
 
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Darwin named one of top 10 cities for tourists

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{yoogallery src=[images/stories/july19cullen]}
68 Cullen Bay Crescent, Larrakeyah, NT, 0820
In the Darwin suburb of Cullen Bay, this six-bedroom, three-bathroom house would be perfect for yachties and those who love messing about in boats, as it has marina frontage and a 10-metre berth. The lagoon-style pool overlooks the marina, and the house has low-maintenance tropical gardens. The 931-square-metre property is within walking distance of many of Darwin's attractions. The house is being marketed by<a href="https://www.raywhite.com/nt/cullen-bay/493227/" title="Ray White Darwin" target="_blank"> Ray White Darwin</a> agent Warren Pope with price hopes of $2.5 million plus. 
 
{module 238}
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Messing about in boats in Cullen Bay

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{yoogallery src=[images/stories/june26paddlesack]}
23 Packsaddle Road, Marlow Lagoon, NT, 0830
This 5,840-square-metre property is a 20-minute drive from Darwin and just five minutes to Palmerston. It comprises four bedrooms and two bathrooms, and its knockout feature is its 11.5-metre wet-edge pool with a full-length shade sail. The property offers absolute privacy, with rural tree views from its wrap-around balcony, entertainment area and pool. The house is being sold through <a target="_blank" title="LJ Hooker Palmerston" href="https://www.ljhooker.com.au/1GT5H8Z">LJ Hooker Palmerston</a> agent Michael Oesterheld, with price expectations of $1,157,000 plus. 
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Privacy and space in Marlow Lagoon

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Not many investors may have heard of Tiwi, the small coastal suburb 12 kilometres north of the Darwin CBD with about 3,000 residents.
But its inclusion alongside the more fashionable big-name suburbs of Potts Point, Sydney and Carlton in Melbourne in the St George National Hotspots 2011 report suggests investors cast their nets northwards.
Rod Hass, residential sales manager at Knight Frank in Darwin, calls Tiwi one of the city’s “sleeping giants”.
He says houses on large blocks of about 800 square metres generally sell in a range between $480,000 and $600,000, mostly via private treaty.
“Currently, houses are selling mainly in line with the market, between $450,000 and $550,000,” Hass says.
Tiwi is within walking distance or a short commute from the Casuarina Coastal Reserve and beach, Charles Darwin University the Royal Darwin hospital and the biggest shopping mall in the Northern Territory, the Casuarina Square, which Hass says all adds to the appeal of the suburb.
The suburb is served by good bus services to the city, and the St George report says private vehicle access to the suburb is good via Trower Road. In addition, the smaller population in Darwin lends itself to less public transport, and people primarily use private vehicles to travel around the city.
Hass says growth in Tiwi house prices is being boosted by the new sub-division in the neighbouring suburb of Lyons, where Defence Housing Australia houses are being built.
Hass describes it as an established suburb popular with families and owner-occupiers. 
A buoyant market
Nick Mousellis, realtor at Ray White Darwin, tells Property Observer the Tiwi market is “very buoyant” at the moment.
He recently sold a four-bedroom, two-bathroom house at 52 Tiwi Gardens Road with landscaped gardens, after holding the listing for two months.
After “careful renovations” Mousellis says the property achieved a sale price in excess of the asking price – it was listed at $570,000.
“The owner is an out-of-towner who has bought the property as an investment for now and somewhere to move into when they eventually relocate,” Mousellis says.
According to the St George report, “Tiwi’s houses often have significant renovation potential, both internally and externally, while the large land sizes can allow for extensions of dwellings, construction of pools, or possible subdivision”.
Like Hass, Mousellis also highlights Tiwi’s proximity to local amenities as well as its relaxed feel and affordability.
RP Data currently lists the median price in Tiwi at $526,500. House prices have appreciated by 16.9% over the past 12 months, significantly higher than 0.2% recorded for Darwin over the year to March 2011. 
Tiwi versus Darwin prices
<table cellpadding="0" cellspacing="0" border="1"><tbody>
<tr>
<td valign="top" width="195">
 
</td>
<td valign="top" width="207">
Tiwi 
</td>
<td valign="top" width="215">
Darwin
</td>
</tr>
<tr>
<td valign="top" width="195">
Median house price
</td>
<td valign="top" width="207">
$526,500
</td>
<td valign="top" width="215">
$470,000
</td>
</tr>
<tr>
<td valign="top" width="195">
Median weekly rent
</td>
<td valign="top" width="207">
$490
</td>
<td valign="top" width="215">
$190
</td>
</tr>
<tr>
<td valign="top" width="195">
Yield
</td>
<td valign="top" width="207">
4.8%
</td>
<td valign="top" width="215">
5.6%
</td>
</tr>
<tr>
<td valign="top" width="195">
12 month capital growth
</td>
<td valign="top" width="207">
16.9%
</td>
<td valign="top" width="215">
0.2%
</td>
</tr>
</tbody></table>
Source: RP Data
More than two-thirds (72%) of homes are detached houses, and due to the climate, most have swimming pools.
There is strong investor interest already in Tiwi, with 41.4% of all dwellings rental properties. The percentage of houses that are rentals is 29.3%.
According to RP Data, the median weekly rent has risen to $490, which when combined with the median house price translates into a gross rental yield of 4.8%.
Although the suburb is is adjacent to the ocean, no houses are on the waterfront and according to St George it is “highly unlikely any have a view of the ocean”.
However, as many of the houses offer scope for substantial renovations, extensions or rebuilds, the suburb is well positioned for future median house price growth. 
According to the St George report, houses close to amenities are likely to be the most desirable.
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Hotspot: Darwin's Tiwi a 'sleeping giant'

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Property investors should be wary of investing in the Darwin property market, based on the latest Real Estate Institute of Australia’s Real Estate Market Facts report.
The stock of available rental properties has jumped by 2.3% over the March 2011 quarter, pushing the overall vacancy rate in Darwin to 4.6%.
This represents about double what the vacancy rate was at the start of the year.
According to the REIA, vacancy rates above 3% generally reflect an oversupply of rental accommodation while those under 3% indicate strong demand for rental accommodation.
Hobart is the only other capital city where vacancy rates have risen over the quarter, up by a comparatively modest 0.3% to 2.3%.
The troubled Brisbane market has experienced the biggest quarterly drop in vacancies, down 1.6% over the quarter to 1.8%.
Sydney, which maintains its position as the tightest rental market, has fallen a further 0.3% t0 just 1.1%.
<img src="/images/stories/reiajune15.gif">
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Darwin rental vacancy rate doubles in three months

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Buyer’s market conditions prevailed for cattle station listings in the Northern Territory before the Federal Government’s recent decision to suspend live cattle exports to Indonesia in the wake of a Four Corners investigation that showed graphic animal cruelty and inhumane treatment.
It was evidenced by the sale of a smaller scale Katherine cattle station, Mathison Station, which sold after its recent auction for $2.2 million, according to valuers Herron Todd White.
Mathison is a 625-square-kilometre holding in a fairly underdeveloped state.
“Nevertheless, with frontage to the sealed Victoria Highway at around 100 kilometres from Katherine, this same property would have fetched a much higher price back in 2008-2009 when conditions were at their peak,” Herron Todd White valuer Frank Peacocke says.
The neighbouring 60,000-hectare Stapleton Station, also part of the former East Mathison, was passed in at the same auction. It is now listed at $3.7 million through Ray White Katherine agent Bernie Brosnan.
“Although there have been few sales in the northern half of the territory, each progressive sale has been marked with a pronounced drop in value, a direct response to the lack of competitive tension in the market,” Peacocke noted.
Peacocke points to the recent auction of Tanumbirini Station on the Carpentaria Highway at Daly Waters in the western half of the Gulf region as another test of the market.
The 5,001-square-kilometre station was passed in at $30 million late last month through Andrew Adcock at Ray White Rural.
Macquarie Pastoral's trading entity Paraway Pastoral was reputedly among the pre-auction inspectees, having accumulated 3 million hectares of land across Australia in recent years. It now has 200,000 cattle and 200,000 sheep under management.
AACo was not thought to be interested in Tanunbirini, as its current preference was to lease, rather than buy, grazing country.
Tanumbirini last sold in 2007 for $31 million on a walk in, walk out basis at about $1000 per beast area value (bare), according to HTW.
It was listed by cattle baron Sterling Buntine, whose personal fortune is estimated in the BRW rich list at $385 million. Buntine owns Bedford Dows near Halls Creek, and also recently purchased Amburla Station in Central Australia for about $6 million.
Tanumbirini, about 400km southeast of Katherine, is being sold with up to 30,000 head.
More than 90% of Top End cattle were exported live to Indonesia from Darwin. But Jakarta had slashed import quotas and slapped a maximum 350kg weight limit on the cattle before the current ban on live exports to the country.
In central Queensland the Comely and Mapala aggregation has been listed with an asking price of $35 million.
Its viewed as an iconic central Queensland cattle station, located south west of Moura and covering 23,159 hectares. It includes large areas of top-quality brigalow and softwood scrub country, with the reported capacity to run more than 12,000 young cattle.
The vendors are hoping to gain interest from national and international corporate interest.
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Live export ban to trigger more tender offerings in cattle station market

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Figures put out by RP Data and Rismark showing that capital dwelling values in Darwin increased by 2.4% in April should not be taken as a sign the market has rebounded, according to SQM founder Louis Christopher.
Christopher told Property Observer he does not trust monthly numbers and will wait to see Australian Bureau of Statistics and Australian Property Monitors quarterly figures.
However, his view of Darwin is that the market remains weak, with residents susceptible to interest rate rises given current house price levels.
“I don’t believe this is a turnaround,” he says. “The indicators we have say Darwin is susceptible to a correction.”
Christopher bases his bearish outlook on high stock levels and a rapid increase of stock on the market.
The average price of a house in Darwin is $470,000 – more expensive than Brisbane ($449,000) and Adelaide ($400,000) and not far off Perth ($481,000).
According to RP Data?Rismark Hedonic Home Value Index, Darwin, Sydney (0.3%) and Canberra (1.4%) were the only capital cities to record positive capital growth figures in April. Perth suffered the biggest monthly drop of -1.8%.
Hotspotting.com.au director Terry Ryder says that after five or six strong years, Darwin’s market has finally paused and there is evidence of price decline. “Recovery will be swift, however, once major gas projects move into the construction phase,” he says.
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Seabreeze, Darwin apartment block set for 2022 construction restart

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