<a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a> offers plenty of reasons to live vertically, but moving from a substantial family home into an apartment can expose the compromises of high-density living. Privacy, room for guests and usable living space tend to matter more when an apartment is intended as a permanent home rather than an occasional coastal base.

A typical residential floor at <a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a>, on Surf Parade,&nbsp;contains just four apartments. The 94-residence development by <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> is predominantly made up of expansive three-bedroom homes, with a limited collection of half-floor penthouses above.

Across the apartment floors, <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has used the relatively limited number of residences to give each home greater access to natural light and outlook. Living spaces extend towards full-height glazing, while a series of bay windows frame selected views across the Pacific Ocean, city and hinterland rather than treating the building edge as a continuous wall of glass.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360965]

“The apartment floors deliver a collection of homes that embrace controlled outlook via a series of bay windows deliberately framing moments of view,” Rothelowman Director Kim Lowman said.

From outside, those projecting forms contribute to the tower’s faceted profile. Strong horizontal and vertical elements establish its proportions, while the changing position of the sun alters the light, shadow and reflection across the façade throughout the day.

The same attention moves inside the apartments, where the material palette combines warm timber, natural stone, metallic detailing and softer curved forms. Kitchens sit within the main living zone, with stone island benches, integrated joinery and European appliances, before the living areas extend towards the glazing and the outlook.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360981]

Three genuine bedrooms provide room to accommodate family and guests, while two secure car spaces and storage address some of the practical considerations that can become more noticeable when moving from a larger home. Feedback from the display suite has centred on the warmth and restraint of the interiors, with buyers commenting that the residences feel like homes rather than conventional coastal apartments.

A limited collection of half-floor penthouses occupies the upper levels, increasing the scale of the living spaces and adding private balconies and elevated finishes. From this position, the outlook extends between the ocean and hinterland.

Outside the private residences, The Eveleigh separates its shared spaces between the podium and rooftop. The podium is centred on wellness, with subtropical landscaping surrounding a swimming pool and pool terrace, yoga garden, private gymnasium, sauna and hot and cold plunge facilities. Landscaped retreats and pavilions provide additional places to sit away from the main recreation areas.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360966]

Higher in the building, a rooftop pavilion and private dining suite sit alongside resident lounge, barbecue and outdoor dining areas, opening towards panoramic views across the ocean, city and hinterland.

“Buyers are no longer just looking for an apartment, but a lifestyle where they can relax, reset, and enjoy a balanced way of living,” Hirsch &amp; Faigen Director of Sales Matt George said.

Interest to date has come from established owner-occupiers and interstate lifestyle purchasers, including buyers planning a future move to the Gold Coast. Many are coming from larger homes and want to reduce ongoing maintenance without giving up space for family and guests, privacy, two car spaces or the ability to entertain at home.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360969]

Much of that daily life can also take place beyond the building without requiring a drive. Kurrawa Beach and Pratten Park are an easy walk from Surf Parade, while Pacific Fair, Oracle Boulevard, The Oasis, restaurants, cafés, entertainment and public transport are also within walking distance.

The Eveleigh is Hirsch &amp; Faigen's fourth Gold Coast development since entering the market in 2021, following The Hemingway at Palm Beach, The Emerson at Kirra and Yves at Mermaid Beach. Each of the preceding projects sold out before completion.

“Broadbeach had been on our radar throughout our time operating on the Gold Coast,” the developer said. “Following our projects in Palm Beach, Kirra and Mermaid Beach, Broadbeach represented the natural next step for the business.”

The Surf Parade site brought together proximity to the beach, protected coastal outlooks and walkability to dining, shopping and recreation. Hirsch &amp; Faigen also identified the street as an emerging premium residential address, with enough separation from Broadbeach's busier destinations to retain a quieter environment at home.

The Eveleigh is now under construction by Maxcon, with completion forecast for mid-2028. Three-bedroom residences are currently available from $2.87 million.

[smartcode_project_cta:default project_id=149670]

Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

A long-stalled Campbelltown development site is back in play, with new plans for 139 apartments set to supersede a mixed-use scheme approved almost a decade ago but never built.

The new proposal for 28 Cordeaux Street would deliver 116 market and 23 affordable apartments in a part 14-storey building, bringing a substantial new project into a Campbelltown market where new apartment supply remains limited.

Plans have been filed over the 3,092 sqm corner site at Moore-Oxley Street, around 600 metres from Campbelltown Railway Station and the city-centre retail core.

The site already carries a mixed-use residential approval dating to 2016. Doroch Architects has now been engaged on a larger replacement scheme, which is progressing as a State Significant Development Application following a Housing Delivery Authority determination in August 2025.

The apartment mix comprises 39 one-bedroom, 72 two-bedroom and 28 three-bedroom residences. Two-bedroom apartments make up just over half of the project, while three-bedroom homes account for 20 per cent.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="136dd5b9-3791-4da6-9e31-76f533f5b4de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da2.png?VersionId=LgOSy9nwf5u.MGswBBwaGGxuX8QpHSl_" />

Of the 139 apartments, 23 will be delivered as affordable housing under the in-fill affordable housing provisions of the Housing SEPP. The affordable component represents 15 per cent of the residential gross floor area and will be managed by a registered Community Housing Provider.

Doroch has sought to break the scale of the building into two distinct elements, with a masonry podium of around four storeys establishing the street edge before the residential tower steps back above.

The corner position has shaped that approach. Cordeaux Street faces toward the commercial and civic centre, while Moore-Oxley Street leads into the lower-scale residential neighbourhood to the south, and the design verification report describes the site as "bridging the commercial core to the north and established residential areas to the south."

The podium will be expressed predominantly in face brick, while the upper levels shift to brushed and grooved concrete cladding with darker metal detailing. Recessed sections, deep balcony edges and landscaping break down the upper form, with an approximately 11.8-metre setback to the northern boundary addressing the adjoining St Peters Anglican School.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="c8b3d2d3-c561-4bfc-a5d9-a68c0c10dac1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da1.png?VersionId=AeAEyJU02Gk2k5noUj2StziCvdQ7fW4B" />

Campbelltown has been starved of new residential developments in the last decade.

The only other notable development set to come to market this year is ALAND's Queen Square, a mixed-use precinct on over two hectares that will comprise apartments above a vibrant ground-level retail and hospitality dining precinct.

First look: New 139-apartment plans revive long-stalled Campbelltown city centre site

First Look: Sherlock Construction pitches apartments for low-rise Deception Bay

Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

First look at MAYD's North Kirra mixed-use precinct

<main data-perf-region="main">
Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

&nbsp;

[smartcode_project_cta:default project_id=152737]

<h3 data-end="3697" data-section-id="q3n5ak" data-start="3672">&nbsp;</h3>
</main>

Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

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>

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?

<html><body>
Certain Victorian suburbs deemed to have significant local character will be protected from towering apartment developments as part of changes to residential zoning.
Residential zones 1,2 and 3 will be replaced by neighbourhood residential, general residential and residential growth zones.
The 'neighbourhood residential' zone, billed as the strictest zoning in Australia, was created to ensure that any developments in areas with character that are of predominately single and double storey residences “respect the identified neighbourhood character, heritage, environmental or landscape characteristics".
New residential developments will have an eight metre height limit, if there is no other height limit in the area, as well as lot size restrictions.
The zone also allows for easier approval of medical centres and convenience stores to cater to an aging population.
The zone prohibits brothels, cinemas, nightclubs, certain retail premises, offices and others.
The boundaries of the zoning will be revealed with its implementation on July 1.
“This is the first time we will have a zone to genuinely protect neighbourhoods from inappropriate development,” planning minister Matthew Guy told The Herald Sun.
“It provides mandatory controls for councils on the numbers of lot, and on height – it is a very strong zone and it will help communities protect their streetscapes.”
Higher density residential development and office and retail projects will be restricted to the other two new zones – general residential and residential growth.
The reforms may prove unpopular with developers depending on where the boundaries fall.
“Melbourne is home to many important thoroughfares and activity centres which are ideal locations for appropriate housing developments,” Property Council of Australia state executive director Jennifer Cunich told The Herald Sun.
“It is important these areas be zoned correctly in order to provide housing choice for our growing population.”
Guy told The ABC the criteria councils will use to determine the new zones will be developed over the next two months.
"We will work with the Municipal Association and councils to make sure we have a criteria that looks at heritage issues, environmental issues, areas around existing transport links," he said.
The general residential zone will allow moderate housing growth and diversity with a nine metre height limit. The residential growth area will allow for medium density unit developments and will enable minor commercial uses.
</body></html>

awalsh-7Ub9EypybQ

New Victorian zoning rules to keep high-rise developers out of heritage suburbs

<html><body>
Property development group Sunland will build $700 million worth of new residential projects across Australia this year with more than half of those in south east Queensland.
Of the nine projects Sunland will undertake this year, five will be in south east Queensland with $378 million worth of developments planned, adding 389 luxury homes, apartments and town houses.
Sunland’s Queensland projects include a new development at Mariners Cove and a 47-storey apartment building in the Brisbane CBD.
Victoria is the next biggest development hotspot with $221 million worth of developments planned adding 479 luxury homes on land purchased last year in Point Cook and another Melbourne suburb.
And in Sydney Sunland will start work on their $100 million ‘Dahlia’ development with 170 homes in North Kellyville, in the city’s outer north west, on the 10 hectare site it paid $10.6 million for in February this year.
Managing director Sahba Abedian told The Australian Financial Review Sunland had been “very selective in our acquisitions” and said he was expecting the Queensland market to make a cautious recovery.
In an ASX release he said the announcements were fuelled by strong first-half financial results for the company.
The Sunland portfolio now comprises 3,248 apartments, residential homes and land allotments with a realisable value of $1.4 billion, excluding Gold Coast multi-storey developments.
Last month, Sunland reported a <a href="https://www.propertyobserver.com.au/industry-news/palazzo-versace-hotel-sale-helps-lift-sunland-interim-profits-as-residential-sales-slow/2013021459356" target="_blank">strong rise in interim profits</a> for the half-year to December 31 on the sale of the Palazzo Versace hotel on the Gold Coast for $68.5 million at the end of 2012.
This was up from profits of just $185,000 in the previous corresponding period.
</body></html>

Sunland's unveils $700 million pipeline of mainly SE Queensland residential projects

<html><body>
There is a debate among those who study cities as to whether success depends on cities fruitfully competing, or co-operating. The answer is that the most successful do both.
Much commentary, however, focuses on competition, often stoked by rankings – how well is my city doing in the latest list? This may be important to mayors, but does it matter to the businesses responsible for creating and developing a city’s economy?
This reminds me of the unfounded furore a little over a decade ago, when it was announced that the European Central Bank was to be located in Frankfurt. There was much speculation about whether Frankfurt would overtake London as Europe’s leading financial centre, and the media was full of stories anticipating London’s imminent decline. But were the two cities really in competition with each other?
For financial workers in the two cities, the question seemed ludicrous. Typically, their firms had offices in Frankfurt and London, and used them for different types of business. They were complementary centres, and most emphatically not rivals.
It was this example that convinced me that cities are inherently cooperative; they connect through city networks where success depends on mutuality. Competition between cities is a contingent occurrence, depending on specific circumstances.
Competition is often related to national boundaries that define a market where there is a limited demand for key business services. Small state economies can usually only support a single major city: for example, Portugal and Lisbon, Ireland and Dublin and Austria and Vienna.
In larger countries, the demise of second stock exchanges commonly leads to a competitive advantage for one city over another. Instances of this include Sao Paulo and Rio de Janeiro, Sydney and Melbourne, and Toronto and Montreal.
But while cities may be competing at a national level, internationally they appear to be getting closer. In fact, one analysis identifies the United States plus London as a single central region of economic globalisation, coining the compound name “USAL”.
It is true that London is not only more connected to New York through its business service firms than it is to other major British cities, it is also closer to Chicago and San Francisco.
But while London’s tendency to cleave to USAL – rather than to other parts of the UK – sums up the difficulties facing those who want to harness all British cities to boost future UK economic growth, it also suggests that leading cities may have less to fear from their so-called competitors than some might imagine.
Professor Peter Taylor, founder of the Globalization and World Cities Research Network at Loughborough University and now Professor of Human Geography at Northumbria University. His latest book, Extraordinary Cities: Millennia of Moral Syndromes, World-Systems and City/State Relations, was published in early 2013.
<a href="https://www.knightfrank.com/wealthreport" target="_blank">Republished as part of the issuance of the 2013 Knight Frank Wealth Report</a>. 
</body></html>

po-LsXgBTHBmX

Do global city rankings matter? Professor Peter Taylor looks at the facts

<html><body>
Yarroma, the 1872 Hawthorn garden estate, has been subdivided with the tennis court building block sold.
The garden block with coach house covered 3,082 square metres.
The Coppin Grove riverfront mansion remains on 2,930 square metres which has been retained by the O’Brien family, and remains for sale.
<img alt="yarromamarch7one" height="708" width="470" src="/images/stories/2013/03/yarromamarch7one.jpg">
The historic Victorian mansion in the renowned St James Park Estate precinct came with $10 million plus hopes when <a target="_blank" href="https://www.propertyobserver.com.au/residential/title-tattle-john-symond-buys-in-elizabeth-bay/2011101351930">Title Tattle reported on its October 2011 offering</a> through Marcus Chiminello at Marshall White Armadale. The entire estate had reported $18 million total value estimates.
Chiminello was recently named Australian Agent of the Year for the third consecutive year and inducted into the AREA Hall of Fame.
No price indication has been given for the building block sale.
With elevated city skyline views, the house was built in 1872 to a design by James T. Conlan in a Romanesque revival style.
Gracing one of Melbourne's finest positions featuring absolute river frontage, it has superb botanical environs and city skyline views.
It is understood the vacant block with tennis court has been bought by a boat loving Southbank mortgage broker executive. So presumably he might take the opportunity to construct a home with cantilevered boatshed and mooring.
</body></html>

jchancellor-FAypfDUnLy

Yarroma, Hawthorn garden block sells

<html><body>
If Rockhampton was located somewhere else – like Toowoomba or Cairns or Townsville – it would be blipping on investor radar screens across Australia.
Not that there’s anything fundamentally wrong with Rockhampton’s location. It’s just that it shares its spot in central Queensland with a couple of headline acts in the national property sphere, Gladstone and Mackay.
Gladstone has been the market everyone has wanted to be in lately, although many have discovered its rising market a couple of years too late, as Australia’s No.1 industrial city is heading into a correction phase, as bulk new supply floods into the market.
Mackay is the rising star, nicely located to benefit from activity in the established Bowen Basin mining province and the emerging new boom region of the Galilee Basin. It has significant export facilities, which will be expanded soon, and new rail links are planned from the Galilee Basin west of Emerald.
Mackay’s rents have risen significantly, and so have sales volumes, so price rises appear inevitable.
Meanwhile, Rockhampton is flying under the radar screens of most investors. But its time will come – and soon.
Rocky has greater significance than many realise. It’s larger than Mackay and Gladstone, with a population around 110,000, and is the admin capital of central Queensland (a recent State Government strategic plan nominated Gladstone as the industrial hub and Rockhampton as the government and business capital).
It markets itself as the beef capital of Australia. One or two places around the nation might challenge that, but there’s no doubt that a large chunk of the local economy spins on Rockhampton’s links to the beef cattle industry. In May 2012 Queensland Premier Campbell Newman was one of 20,000 people to attend the opening day of Beef Australia 2012. There are two large abattoirs in Rockhampton.
The Rockhampton district is also supported by horticulture, magnetite mining &amp; magnesia production, salt, silica sand &amp; limestone extraction, explosives manufacture, electricity generation, defence training &amp; logistics, retail trade, education services, health &amp; community services and tourism.
Queensland Rail has a large workforce in the city, which is the meeting point for the main north coast rail line and the line to the major coalfields to the west. Coal trains regularly pass from the west to the coal port of Gladstone to the south.
The coal-fired 1,440mw Stanwell Power Station is 30km west of Rockhampton. The station's electricity generation units were given a $27 million overhaul in mid-2012.
Tourism is a large employer, boosted by the Keppel group of islands off the Capricorn Coast,
A key part of Rockhampton’s appeal is its relative affordability. While typical houses in both Gladstone and Mackay cost in the $400,000s, it’s still fairly easy to find homes in the $200,000s in Rockhampton.
There are some major economic boosts on the Rockhampton horizon. Two new export port facilities in planning, both located halfway between Rocky and Gladstone. Both are billion-dollar projects promising thousands of jobs.
Both have attracted considerable opposition on environmental grounds – but, this is Queensland, where ruling politicians don’t even know how to spell environment much less make a decision on ecological grounds.
There are a number of new property developments happening in Rockhampton, including a new Quest serviced apartments hotel, several medium-sized retail developments and new housing estates. Infrastructure upgrades includes local roads, an electricity substation and local medical facilities.
One note of warning for investors who like Rockhampton’s prospects: the city has been whacked by the weather in recent years and you would be advised to check out which locations are most likely to flood and which are not, as the city sits on the banks of the Fitzroy River.
Terry Ryder is the founder of <a target="_blank" href="https://www.hotspotting.com.au/">hotspotting.com.au</a>
</body></html>

terryryder-YECXbqmri2

Rockhampton's time will come soon: Terry Ryder

<html><body>
A local Chinese buyer secured the weekend's highest Sydney auction offering when a Lavender Bay property sold in negotiations for $5.6 million within an hour of being passed in.
The McGrath agents Michael Coombs and Nigel Mukhi had marketed the<a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/apartment-lavender-bay-nsw-2060/175279"> four-bedroom, three-bathroom home</a> with more than 80 groups inspecting the home.
It contributed the weekend's 75% cleareance rate based on initial results from Australian Property Monitors.
There had reportedly been nine contracts issued with four bidders competing for the house with agent Michael Coombs confirming it was bought by a local Chinese buyer. 
The McGrath agents said the property attracted inquiries from local downsizers from eastern suburbs and upper north rather than overseas Asian buyers in this instance.
Sydney's second highest sale was on John Dykes Avenue in <a target="_blank" href="/news">Vaucluse</a> at $3.35 million.
It followed last month's auction as six Chinese buyers battled for a Vaucluse mansion that sold for $5.15 million.
Several private treaty sales have occured in the interim including about $15 million on Vaucluse Road, Vaucluse which had been around two years in negotiations with its Chinese buyer.
Set in Annie Wilkes designed formal gardens, complete with a pool, sculpted hedges and level lawns, the Spanish Mission home had been designed by F. Glynn Gilling for the Arnott family in the 1920s.
A Seaforth Crescent, <a target="_blank" href="/news">Seaforth</a>, property sold to Chinese buyers at around $6.5 million.
Coombs says he usually has strong interest from overseas Asian buyers in properties like the Lavender Bay one. He says there has been a recovery in the luxury apartment market above $5 million.
</body></html>

Local Chinese buyer snaps up Sydney's highest weekend auction offering

<html><body>
If it's not property the world's wealthy investors  look for assets that satisfy both head and heart, the Knight Frank Wealth Report report noted.
<a href="https://www.knightfrank.com/wealthreport" target="_blank">Across Asia, a net balance of 19% of HNWIs spent more last year on luxury goods than in 2011</a>.
James Lawson, head of industry analyst Ledbury Research, says this was reflected in the number of new luxury store and boutique openings around the world.
The firm’s research shows that Asia-Pacific’s share of the world’s leading luxury brand outlets increased from 39% in 2009 to 44% in 2012, while North America’s fell from 30% to 24%.
Europe’s quota remained relatively stable, but this was “not due to European consumers, but to tourists and their passion for shopping in the luxury capitals of Milan, Paris, and London,” says Mr Lawson.
Australia’s luxury market has also benefitted from the trend, with an increase in spending by tourists from China and other regional hotspots like Indonesia and Malaysia, according to Melinda O’Rourke, managing director of Sydney-based luxury consultancy MO Luxury.
However, Ms O’Rourke says Australians still account for 65% of luxury purchases, and relying too heavily on overseas wallets is a risky strategy.
“The industry here learned a hard lesson after the Japanese economy stagnated.”
When asked to select the most collected passion investments, respondents in all regions of the world chose fine art.
The next most-collected asset overall was watches with the average Chinese super-rich male owning six luxury timepieces, according to Hurun.
Wine was the third most popular passion investment, scoring highly in all areas bar the Middle East.
Jewellery and classic cars complete our global top five.
</body></html>

If its not property, the rich spend it on art, watches, wine, jewellery and classic cars: Knight Frank Wealth Report  

<html><body>
A large crowd of eager bidders and onlookers is expected to gather at the corner of Lygon Street and St Phillip Street this Friday when a rare Lygon Street corner property goes to auction in  Melbourne's Italian food heartland.
Property investors and restaurateurs seeking a trophy retail property asset are likely to be among those bidding for the vacant shop and upstairs residence to be auctioned at noon on March 8.
<img alt="lygonmarch6one" height="351" width="470" src="/images/stories/2013/03/lygonmarch6one.jpg">
"We have received over 100 enquiries and sent out around 15 contracts," says Colliers International agent Tom Noonan who is marketing the property alongside colleague Jeremy Gruzewski.
Noonan expects a price in excess of $2 million.
The 70 Lygon Street property stands at on the corner of Lygon and St Phillip Streets. It comprises 226 square metres of space, of which 75 square metres is ground floor retail on a site measuring 230 square metres. 
The second floor has a three-bedroom residence. 
It has stood vacant since being acquired by the owners of DOC Pizza in late 2010. 
The owners had planned to turn it into a restaurant or café but never went ahead with these plans. 
It previously operated as a florist, which is the signage that remains on the building. 
According to RP Data the property was last listed for rent in October 2010 at $75,000 per annum. 
A sale price of $2 million would equate to a yield of around 3.75% if tenanted. 
In October last year, the historic Lygon Street premises of <a target="_blank" href="https://www.propertyobserver.com.au/retail/lygon-street-premises-of-donatis-fine-meats-slices-records-with-emotion-driven-%24289-million-auction-sale/2012103057521">Donati’s Fine Meats</a> sold for $2.89 million at auction, with a private investor paying nearly $1.4 million above pre-auction expectations – a yield of just 2.3% amid “emotionally-driven” bidding. 
Gruzewski and Noonan also marketed the Lygon Street butchery last year. 
“The sale of the Donati’s premises last year represented only the third commercial property to change hands on Lygon Street in the past two and a half years,” says Noonan. 
“The opportunity to be part of the vibrant, popular precinct that is Lygon Street doesn’t come along often, so when it does, interest is high. 
“We are expecting this new listing to attract strong interest from food and beverage retailers keen to be part of the gentrification of this pocket of Melbourne’s northern suburbs. 
“Serious foodies are now venturing into the north, following the lead of quality restaurants and cafes such as Hellenic Republic, Albert Street Food and Wine and Pope Joan.” 
“This is a versatile property suited to an investor, owner-occupier or developer.
“Vacant possession is also beneficial to investors who are looking to lease out the tenancy as it allows for immediate occupation. The location and current configuration would suit a number of tenancy profiles,” says Noonan.
</body></html>

lschlesinger-FZcF9M3vE6

Vacant Lygon Street shop goes to auction with $2 million plus hopes

<html><body>
The former Surfers Rowers Hotel at Bundall has been listed for sale under instructions from receivers and managers. 
The restaurant and function centre on the Nerang River stopped trading last month after receivers were appointed to property owner, Brisbane-based Alfanian Pty Ltd. 
According to RP Data records, the hotel was acquired by Alfanian for $2.88 million in July 2006. 
The Gold Coast Bulletin reported that business owner Mario Sherri had looked into buying the property in August last year until a valuation found that it was worth half of the agreed price.
The sales campaign is being steered by Glenn Price and Joel Fisher, of CBRE Hotels. 
The 150 Bundall Road property stands of 3,145 square metres of riverfront land across two titles and is two kilometres from the Surfers Paradise CBD. 
“The campaign is expected to generate significant interest from both owner operators and investors,” says Price. 
“The large site area means it could also be a land bank play for a developer who could potentially look to lease the site while pursuing planning approvals.” 
Situated on the corner of Bundall Road and Holden Place, the site currently comprises a two level building overlooking the Nerang River. The property has approval for 40 gaming machines, although no operating approvals are included in the sale. 
There is a split level public bar, a covered alfresco deck area, a formal restaurant,  a first floor function room and two large commercial kitchens. 
Adjoining the property are two additional parcels of land which are currently used for car parking. 
The properties are available to be purchased in one line or separately. 
Expressions of interest close at 4pm on April 4.
</body></html>

Receivers put Surfers Rowers Hotel on Gold Coast up for sale

<html><body>
Peter Perini, from Corinthian Industries, Australia's largest door maker and manufacturer, and his wife, Rosslyn, have relisted their Neutral Bay residence, Keynsham.
<a href="https://www.realestate.com.au/property-house-nsw-neutral+bay-107728811" target="_blank">The 1921 Arts and Crafts house</a> sits on a reduced 1,300 square metres overlooking the harbour.
The restored Shellcove Road house has three bedrooms including a whole-floor main suite. There’s also a billiard room.
Its Ray White LNS agent Kingsley Yates wants buyers with $7 million plus.
It had $8 million-plus hopes in March last year.
Its been refurbished by Ridley Smith of NBRS Architects to maximise its bay views.
</body></html>

Latest Property News

The Eveleigh brings house-like apartments to Broadbeach

Guides

Editor's Picks

Guides

Developments

New apartments

New townhouses

News

Latest Property News

The Eveleigh brings house-like apartments to Broadbeach

Guides

Editor's Picks

Receive the latest news stories to your inbox

Guides

Developments

New apartments

New townhouses

News