<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

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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>

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Ellen Walker

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

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An enormous crowd of locals came out on Saturday for the auction of 211 Clarke Street, Northcote, which was featured in the second round of Property Tycoon's auction tipping competition.
There's now a website, <a href="https://mail.privatemedia.com.au/owa/redir.aspx?C=KgoIydkbbkqcxEmtHCpjYzenKRip4s8ILx-ixDagf2W2XMdG8J7GWA4FzDXhsR5a7S8fbUw_Jbw.&amp;URL=http%3a%2f%2fwww.propertytycoon.com.au%2f" target="_blank">www.propertytycoon.com.au</a>, where punters can guess five auction results in Melbourne and Sydney, with no outlay. It's mostly about testing your market knowledge with a small cash prize as a sweetener. This season <a style="font-size: 14px;" rel="nofollow" target="_blank" href="https://www.propertytycoon.com.au/join-league/S7S123C487R8OOQF">Property Observer readers have their own competition, which you can access here</a><a rel="nofollow" href="https://www.propertytycoon.com.au/join-league/S7S123C487R8OOQF">.</a> The winner of the overall competition will win $1,000.
When the auction for 211 Clarke Street started, it soon became clear only two parties had come with the clear intention to call the house (pictured below) home.
<img alt="tippingmarch4one" height="349" width="470" src="/images/stories/2013/03/tippingmarch4one.jpg">


When the bidding reached $2.2 million, auctioneer Arch Staver took a break to have a chat to his vendors. The vendors believed the property was worth more and so it was put back to the market.
Bidding took off again before stalling at $2.3 million and the house was officially passed in and then sold after auction for an extra $90,000. 

Palm Beach in NSW does not see many auctions, so when the waterfront property at 1173 Barrenjoey Road (pictured below) was nominated to go under the hammer on Saturday it generated a lot of interest. 
<img alt="tippingmarch4two" height="348" width="470" src="/images/stories/2013/03/tippingmarch4two.jpg">
McGrath Real Estate agent Gillian McGrath said nine contracts had been requested by interested buyers but late in the campaign it emerged that one buyer was head and shoulders above the rest.
An offer was put to the vendor that was too good to refuse and the property was sold prior to auction. 

The exact sale price is known only to the agent, vendor and purchaser however it is believed to be significantly above the $3 million quote.
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po-LsXgBTHBmX

Northcote home sold post-auction in Property Tycoon tipping's second week

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Fashion designer Alannah Hill’s South Yarra terrace sold for $4.365 million under the weekend auction hammer.
The Marshall White agent Marcus Chiminello said the property sold for $150,000 above the reserve price.
There were five bidders for Risby, the chic 1880s Victorian residence that sits within the Domain precinct across from Fawkner Park.
The three-bedroom, two-bathroom 1887 Victorian home had been expected to fetch $4 million-plus, before Hill's intended bayside move.
The two-storey house with retained period features has double garaging and a pool.
It cost a reported $4.31 million in late 2009 when sold by Virginia Monahan, who imports fine cashmere from Scotland to make into sweaters, and her husband Brad.
Ms Hill renovated after she bought the three-bedroom, two-bathroom 1887 Victorian home in late 2009.
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jchancellor-FAypfDUnLy

Alannah Hill secures $4.3 million in South Yarra

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Sydney actor and producer Claudia Karvan has sold her Bondi Beach apartment for $908,000 through Raine &amp; Horne.
Karvan, who has lived for eight years in a warehouse at Redfern with her husband, Jeremy Sparks, and two children, bought the two-bedroom apartment for $285,000 in 1997 from former restaurateur Sue Burrows.
It's been described as "more like a semi in layout and ambiance" by its marketing agent Mary Anne Cronin and Sam Ryba at Raine &amp; Horne Bondi Beach.
"We sold the property for a fantastic result......for $58,000 over reserve," Sam Ryba said.
<a target="_blank" href="https://www.domain.com.au/Property/For-Sale/Apartment-Unit-Flat/NSW/Bondi-Beach/?adid=2010249102">The two-bedroom Art Deco apartment </a>with decking is set on the top floor of a block of four on Beach Road.
Before Karvan's purchase the flat had previously traded at $235,000 in 1995; $165,000 in 1991 and $85,000 in 1987.
Some nine parties registered to bid for the first-floor 1925 unit, with bidding kicking off at $800,000.
It's in a block of four units in Beach Road.
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Claudia Karvan sells Bondi Beach apartment

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Mirvac has spent four decades developing its client base and branding, as much as its impressive residential property portfolio.
Now it has launched a project-specific brand loyalty-royalty scheme for their returning or new clientele.
Their offering, Black Label by Mirvac, accompanies Mirvac’s Array apartment tower at Yarra’s Edge. The campaign comes complete with a one-off, Array-inspired couture garment; Reflection, created for Array by Bowie, with the gown aiming to reflect the architectural beauty of the tower, and to capture the movement and evolving moods of the Yarra, which spelt backwards is Array.
<img height="620" width="470" src="/images/stories/2013/03/mirvacmarch4one.jpg" alt="mirvacmarch4one">
Mirvac launched its on-going loyalty program set for purchasers suggesting it presented a gateway to a "lifestyle of culture, fashion and luxury" through collaborations with premium brands.
<a target="_blank" href="https://www.arraybymirvac.com/black-label">The </a><a target="_blank" href="https://www.arraybymirvac.com/black-label">Black Label by Mirvac</a> partners include furniture and design powerhouse, Coco Republic, which will deliver a range of bespoke interior design services for Array purchasers during March. The March buyer will received a $20,000 choice of fitout.
The other major partners include BMW, Bang &amp; Olufsen, Mont Blanc, Georg Jensen, De’Longhi, Moet Hennessy and Tag Heuer, which will offer Array purchasers access to style, design and VIP experiences extending well past the initial March offering.
<img height="268" width="470" src="/images/stories/2013/03/mirvacmarch4three.jpg" alt="mirvacmarch4three">
The fusion of  fashion and architecture comes in an eight kilogram Swarovski crystal dress design collaboration with the Paris-bound couture fashion designer, Bowie Wong, who is known for his high-end couture aspirational signature garment designs.
"Mirvac has always been an aspirational developer," says Mirvac residential chief, John Carfi.
"It is through collaborating with leaders in culture and design that are synonymous with Mirvac’s reputation for elegance, style and luxury that we’re able to create a value offering that’s completely unique to Array."
<img height="430" width="470" src="/images/stories/2013/03/mirvacmarch4four.jpg" alt="mirvacmarch4four">
The loyalty offering program, officially launched last week, runs throughout March with the current other, with later offers to be available for its participants. To date, <a target="_blank" href="https://www.propertyobserver.com.au/developments/half-of-apartments-in-mirvacs-array-development-in-docklands-sold/2013021459351">50% of apartments at Array have sold</a>, with works on site now underway. Full settlement is expected in 2015. While more than half the sub-penthouses have been sold, its two $8 million penthouses remain on the market.
Buyers get to decide on their fitouts with the apartments labelled various aspirational cities including the Paris, London or New York options.
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Nothing backward about Mirvac's Black Label loyalty offering at Array

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What a difference a week makes! Yesterday the Australian stock market posted a 53 – month high where the benchmark S&amp;P/ASX 200 index lifted 1.34 percent to 5104.1 points, and the All Ordinaries index rallied to finish at 5120.4 points. Who would have thought – there she blows?
The most challenging dilemma facing the business community in 2013 is actually navigating the many markets that determine our economy – after all everyone is always seeking an opinion. The best way I’ve found to circumvent this is to religiously read – <a title="CEO PULSE." href="https://www.businessspectator.com.au/bs.nsf/Business-Spectator-GA-Research-CEO-Pulse-Report-Qtr4-2012.pdf" target="_blank">CEO PULSE.</a> The views from Australia’s leading chief executives on:
<ul>
<li>Predictions for 2013</li>
<li>Economic Outlook</li>
<li>Outlook for their organisation</li>
<li>What keeps them awake at night</li>
<li>What advice they’d give to Julia Gillard and Tony Abbott.</li>
</ul>
<a title="CEO PULSE: Snapping the wallets shut" href="https://www.businessspectator.com.au/bs.nsf/Article/CEO-Pulse-capex-profits-AUD-Australian-dollar-Gill-pd20121211-2UQN5?OpenDocument&amp;emcontent_ceopulse" target="_blank">CEO PULSE: Snapping the wallets shut</a> – Australian CEO’s are much more confident in 2013 although the survey found that those expecting a rise in operating expenditure rose from 33 to 49 percent and those expecting a decrease in operating costs dropped from 37 to 29 percent. It is most apparent that many Australian businesses are being hit hard by the high Australian dollar – <a title="RBA documents show bank considers $A overvalued" href="https://www.businessspectator.com.au/bs.nsf/Article/RBA-documents-show-bank-considers-A-overvalued-pd20130228-5BVF7?OpenDocument&amp;src=hp4" target="_blank">RBA documents show bank considers $A overvalued</a> by 4 to 15 percent. In unison to the CEO thoughts in CEO PULSE it came as little surprise to see <a title="CAPEX falls against expectations in December." href="https://www.businessspectator.com.au/bs.nsf/Article/CAPEX-falls-in-Dec-quarter-pd20130228-5C2FU?OpenDocument&amp;src=hp3" target="_blank">CAPEX falls against expectations in December.</a> According to the Australian Bureau of Statistics (ABS) CAPEX fell 1.2 percent in the December quarter seasonally adjusted to $40.988 billion during the quarter. Private capital expenditure is now 10 percent higher than it was in the previous December quarter.
<a title="Steady growth forecast for Aussie economy " href="https://news.smh.com.au/breaking-news-national/steady-growth-forecast-for-aussie-economy-20130227-2f5ei" target="_blank">Steady growth forecast for Aussie economy </a>– “The economy holds a large amount of offshore debt, households retain substantial debt because of high house prices and its banks are reliant on foreign investor funding.’’ They went on to say – “Our base case is that Australia’s economic growth will remain close to trend over the coming years.” Macquarie Bank recently stated in their Global market outlook for 2013 – according to Macquarie Private Wealth, there are four investment themes that will drive the investment market in 2013.
<ul>
<li>The commodity price boom is over – It’s now clear that the commodity boom ended in 2011 – but that isn’t necessarily bad news for investors because that doesn’t necessarily mean that China has stopped growing</li>
</ul>
Click to enlarge
<a title="Click to enlarge" href="/images/stories/2013/03/simeonmarch4.gif" rel="shadowbox"><img src="/images/stories/2013/03/simeonmarch4thumb.gif"></a>
<ul>
<li>The rise of the Chinese consumer – While large – scale Chinese demand continues, the composition of Chinese growth is changing. A historic shift away from investment spending and towards consumer spending will require investors to think very differently about ways to gain exposure to China</li>
</ul>
<ul>
<li>Markets learning to live with a Europe in crisis – While the European debt crisis is far from over, the level of investor concern has dwindled.</li>
</ul>
<ul>
<li>Is this the beginning of a US housing recovery? – It’s no secret that the US economy continues to face some hurdles, including high unemployment of more than seven percent and the impact of austerity measures, but evidence of a housing recovery continues to build. The potential benefits to employment and investor confidence may prove to be some of the positive surprises for markets in 2013.</li>
</ul>
<a title="Let the good times roll again, says Bair" href="https://www.smh.com.au/nsw/let-the-good-times-roll-again-says-baird-20130224-2ezmk" target="_blank">Let the good times roll again,</a> says Baird – an improving international outlook means the backdrop for the state economy is better than at anytime since the beginning of the global financial crisis six years ago. <a title="With $40b of profits in the bag, the recovery gains momentum" href="https://www.brisbanetimes.com.au/business/earnings-season/with-40b-of-profits-in-the-bag-the-recovery-gains-momentum-20130227-2f69p" target="_blank">With $40b of profits in the bag, the recovery gains momentum</a> it is quite apparent that earnings growth has well and truly moved into the positive.
Click to enlarge
<a href="/images/stories/2013/03/simeonmarch4one.gif" rel="shadowbox" title="Click to enlarge"><img src="/images/stories/2013/03/simeonmarch4onethumb.gif"></a>
Again volumes are down with patterns emerging that our demographic housing markets remain in a holding – pattern. Something will eventually break so my prediction is that we will see a run on the property market. There won’t be a cash rate reduction when the Reserve Bank of Australia (RBA) meets this month as <a title="Global housing hots up." href="https://afr.com/f/free/blogs/christopher_joye/global_housing_hots_up_rvHOwz4IGhU782PDMb9SRL" target="_blank">Global housing hots up.</a>
Source: Domain Property Monitors
<h4>MOSMAN – 2088</h4>
• Number of houses on the market this time 2012 – 139 • Number of houses on the market last week – 103 .Number of houses on the market this week – 105
• Number of apartments on the market this time 2012 –126 • Number of apartments on the market last week – 80 .Number of apartments on the market this week – 76
<h4>CREMORNE – 2090</h4>
• Number of houses on the market this time 2012– 17 • Number of houses on the market last week – 15 .Number of houses on the market this week – 17
• Number of apartments on the market this time 2012– 23 • Number of apartments on the market last week – 21 .Number of apartments on the market this week – 20
<h4>NEUTRAL BAY – 2089</h4>
• Number of houses on the market this time 2012 – 22 • Number of houses on the market last week – 14 .Number of houses on the market this week – 15
• Number of apartments on the market this time 2012 – 63 • Number of apartments on the market last week – 38 .Number of apartments on the market this week – 39
For this week’s sales in Cremorne real estate, Cremorne Point real estate, Mosman real estate, Beauty Point real estate, Clifton Gardens real estate, Balmoral real estate, Neutral Bay real estate, Cammeray real estate. • <a title="Click Here" href="https://www.rwm.com.au/news/" target="_blank">Click Here</a>
For this week’s open for inspections. • <a title="Click Here" href="https://www.rwm.com.au/sales-list/open_times_sales/" target="_blank">Click Here</a>
 <a title="Signs of rebound in property " href="https://www.theage.com.au/business/property/signs-of-rebound-in-property-20130224-2ezik" target="_blank">Signs of rebound in property </a>keep watching the clearance rates which are closing in on 80 percent which previously indicated that property markets are booming. This time around following the Global Financial Crisis (GFC) it is apparent that the lower end markets are booming with the top – end markets showing much more caution. Having said that, there are clear indications – <a title="Views and lifestyle lure buyers back to waterfront properties." href="https://smh.domain.com.au/real-estate-news/views-and-lifestyle-lure-buyers-back-to-waterfront-properties-20130222-2ewta" target="_blank">Views and lifestyle lure buyers back to waterfront properties.</a> It should be noted that the vast majority of Mosman’s top – end acquisitions have gone to Chinese buyers.
With Australia (and other institutions) focused on what is happening in China it must be reassuring that Chinese buyer’s see our property markets as a ‘buy recommendation’ – There she blows &amp; there she goes!
Robert Simeon is a director of <a target="_blank" href="https://www.rwm.com.au/" title="RWM" rel="nofollow" style="font-size: 14px;">Richardson  Wrench Mosman and Neutral Bay </a>and has been selling residential real estate in Sydney since 1985. He has also been writing real estate blog <a target="_blank" href="https://www.rwm.com.au/news/" title="Virtual Realty News" rel="nofollow" style="font-size: 14px;">Virtual Realty News</a> since 2000. The RWM real estate model has sold in excess of $1 billion in database sales globally.
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robertsimeon-hRNTwJyXkQ

Navigating markets a key challenge for 2013: Robert Simeon

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The newly formed Australian Pastoral Group, set up by former Macquarie Pastoral Services managing director Alan Hayes, has bought Deltroit Station at Wagga Wagga, for $15.5 million million from the former Lumley Insurance chairman Anthony Crichton-Brown.
The 2,545 hectare station, with a capacity for 30,000 dry sheep, was passed in on a vendor bid at its December 2011 auction at $15 million, <a href="https://www.propertyobserver.com.au/rural/prized-wagga-wagga-deltroit-station-hoped-to-round-off-spring-selling-season-bookending-with-billabong-sale/2011111352339" target="_blank">at the lower end of its $15 million to $18 million expectations</a>.
While the bush telegraph news of its sale since just before Christmas 2012, the official price has only just become known.
Set east of Wagga Wagga in Mundarlo, midway between Sydney (409 kilometres) and Melbourne (474 kilometres), it comes with a 1903 Federation brick homestead designed by Sydney architect William Nixon along with a stone-built, modernised four-bedroom Cobb and Co. coaching inn, The Junction Hotel.
Deltroit was listed by Anthony Crichton-Brown, a former chairman of Lumley Insurance, who also owns Tooronga in the Riverina and Humula Station near Yass. 
Three generations of the Richardson family developed Deltroit over 100 years, creating a commercial Shorthorn herd and fine wool Merino flock.
In 1963 Robert Kleberg, president of US company King Ranch, who had long coveted the Deltroit Shorthorn that had won worldwide acclaim, purchased Deltroit and its entire herd for internationally renowned King Ranch Group.  With the death of Kleberg, King Ranch sold all its Australian properties, including Deltroit, in the late 1970s.  The property last traded in 1990.
The Australian Financial Review has reported the new pastoral group has four major institutional investors backing it, including the Michigan-based Municipal Employees' Retirement System and a fund based in Switzerland.
Its board includes Washington H Soul Pattinson chairman Robert Millner. Its advisory committee includes the founder of valuation firm Herron Todd White, Kerry Heron, along with cattleman Alister McClymont and lamb producer John Fowler.
The Australian Financial Review reported its first purchase included the 353,000-hectare Neumayer Valley Station in far northern Queensland from ageing farmer Syd Faithful for about $30 million.
Alan Hayes was responsible for identifying, selecting, aggregating and operating properties for the Prudential/Colonial/Commonwealth Bank Pastoral Fund from 1989-2001, and for the Macquarie Pastoral Fund from 2006-2009.
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Deltroit Station sells to newly formed Australian Pastoral Group

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<div>
An expatriate Neighbours fanatic living in the UK paid $867,000 to secure his second 'Ramsay Street' house at weekend auction.
</div>
Andrew Whitney, who directs a private jet and helicopter charter flight company in the UK, outbid seven for the Pin Oak Court, Vermont South offering.
Also known as 30 Ramsay Street, the home of Jarrod 'Toadie' Rebecchi, it was offered through <a href="https://www.barryplant.com.au/property.cfm?propertyID=2272561" target="_blank">Barry Plant Real Estate</a>.
The former Blackburn North resident bought another Pin Oak Court house 16 years ago before moving to the UK.
Mr Whitney told the Herald Sun that he knows the street better than anyone.
"I record every episode of Neighbours," he said.
It was sold by the downsizing vendor Faye Pierce, with the buyer able to join the other court residents who are paid a substantial annual fee by the show's producers in agreeing to avoid changes to their facades without consultation and allowing external regular filming.
<a href="/news">The four-bedroom home was built with her husband in 1973</a> with its expansive covered rear deck having elevated views over Billabong Park.
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Neighbours fanatic buys second 'Ramsay Street' house

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The philanthropic former newspaperman James Fairfax intends to subdivide, then gift his historic Retford Park estate in the NSW Southern Highlands.
Its envisaged the Italianate 1887 residence will sit within a protected 32-hectare heritage curtilage.
It will be preserved in perpetuity for the community with some funds from the neighbouring prestige residential development being directed into a trust which will pay for the long-term upkeep of the home and gardens.
The gifting won't take place until all approvals are given and development sales take place, the project director Allen Robinson told Title Tattle.
The Australian Financial Review estimates the subdivision could have a gross realisation of $50 million as the planning proposal changes the zoning from mostly rural to urban.
The Old South Road property, which sits on the southern edge of Bowral’s rapidly suburban expansion, comes with about 100 hectares including land zoned for subdivision.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/stories/2013/03/retfordmarch1one.jpg" alt="retfordmarch1one" width="470" height="468">
Under the proposal before <a href="https://www.wsc.nsw.gov.au/uploads/1721/council-report-and-resolution-retford-park.pdf" target="_blank">Wingecarribee Shire Council</a>, the 29-hectare eastern part of the estate will be subdivided into rural-inspired lots ranging from 8000 square metres to four hectares lots.
The 27-hectare western portion will have a 150-lot residential estate with three parks.
The project director, Allen Robinson told The AFR Mr Fairfax was determined to maintain the integrity of Retford Park with plans that were sympathetic to the heritage property and surrounding areas.
The philanthropic former chairman of the ailing publishing company that bears his family name had previously advised he would bequeath Retford Park for the benefit of the public.
The story was written by me in 2009 in the Sydney Morning Herald. It was his idea for at least three decades.
Retford Park has been the country home of the arts patron, who turns 80 this month, since he paid £15,000 in 1964 for it on a then four-hectare holding.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/stories/2013/03/retfordmarch1two.jpg" alt="retfordmarch1two" width="470" height="468">
In 2009 estate agents suggested its value was about $35 million, but substantially higher with any housing subdivision.
The Southern Highlands' highest-priced property sale was in 2007, when Reg Grundy bought Comfort Hill, a 200-hectare Sutton Forest property, for $15 million.
Retford Park, with an Italianate revival-style mansion, dates back to the 1880s when it was the summer retreat of the <a href="https://www.wsc.nsw.gov.au/uploads/1721/w_appendix-7-sue-rosen-final-retford-park-report_resize.pdf" target="_blank">retailing Hordern family</a>. The history of the property has been researched by Sue Rosen &amp; Associates.
In December 1957, Jack Hickson took a series of black and white photographs of Retford Park, some of which are shown in the gallery below.
{yoogallery src=[images/stories/2013/03/march1retford]}
It sits in well maintained gardens that include three Wollemi pines and a Guilford Bell swimming pool pavillion.
"I think Retford Park is an important part of the heritage of the Wingecarribee Shire area and provision has been made in my will for the house and the immediate surrounding land, including the garden, to be left in trust to be viewed by future generations," Mr Fairfax told me in 2009.
Listed on the register of the national estate since 1980, Retford Park takes its name from the village in Nottinghamshire, the northern England town from where Anthony and Ann Hordern immigrated in 1825.
The grounds have many heritage oaks, an enduring association with the Hordern's retailing business, whose emblem was an oak tree under which were the words "While I live, I'll grow".
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/stories/2013/03/retfordmarch1three.jpg" alt="retfordmarch1three" width="470" height="310" style="font-size: 0.8em;">
It was first sold after Anthony's great-grandson, Sir Samuel Hordern, died in 1956, leaving an estate of $279,000. It was briefly owned by the cattle stud operator King Ranch (Australia), of which Edwina Hordern's husband, Peter Baillieu, was managing director.
In his 1991 book, Regards to Broadway, Mr Fairfax recollected he'd had no plans to buy a country house. "But chatting to Peter Baillieu at a cocktail party in December 1963, I learned that Retford Park and 10 acres [four hectares] of land were to be sold." 
It occurred to James that it might be a suitable place for his mother to stay on her annual six month visits from England.
Mr Fairfax, the eldest son of the late Sir Warwick Fairfax and his first wife, Betty Wilson, then set about regularly buying adjoining rural land.
He also set about enlivening the house. 
"When my offer of £15,000 for the house and 10 acres with an option to buy another 10 in three years was accepted, I went into the usual ‘What on earth have I taken on?’ syndrome, but soon
recovered as I got involved in the redecoration which was being done by Leslie Walford," he recalled to Sue Rosen in 2011.
"Some six months later, in the winter of 1964, I commissioned Donald Friend to paint a mural in the dining room," he said.
Leslie Walford, who died earlier this year, recalled in a 2011 interview with Rosen that he recalled flying up to Mittagong with James to inspect the house.
His first impressions of it was "the garden choking the house."
"The house was a sort of cow-pat colour, a very unappealing colour. It had thick walls and narrow long slit windows and a tower, a rectangular piece of work with lots of frilly balconies, cast-iron lace and a pretty porte cochere. It had some delicate prettiness added to the strength of the architecture … it was a wonderful looking house."
It all made Retford Park one of the highland's prized properties on the edge of the expanding town.
Mr Fairfax also maintains a home in Woollahra, along with Ginahgulla, his house at Bilgola and Stanbridge Mill at Dorset, England.
The planning proposal contemplates the handing over Retford Park to the public via possibly either the National Trust or Historic Houses Trust NSW.
Colour photos courtesy of <a href="https://www.highlifemagazine.com.au/" target="_blank">Highlife Magazine</a>, which reports on life in the Southern Highlands of Australia
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James Fairfax plans to subdivide, then gift historic Retford Park

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Businessman Greg Jones and his wife, Kim, who now live in Hong Kong and rent in Potts Point, Sydney had hoped their Vaucluse mansion would fetch $14 million.
Official records lodged this week show it fetched $12 million when bought by the Hasson Lederer family.
The mansion on a 1448-square-metre Wentworth Road block traded at $12.5 million in late 2008.
<img height="350" width="470" src="/images/stories/2013/03/jonesmarch1one.jpg" alt="jonesmarch1one">
The SMH investigative reporter Kate McClymont wrote that Jones, who has been featured in the Obeid ICAC inquiry, told friends in an email that he was off to pursue the "increasingly sophisticated Hong Kong and Chinese wine markets and the expansion of our tertiary education investment into Hong Kong and Beijing".
<img height="349" width="470" src="/images/stories/2013/03/jonesmarch1two.jpg" alt="jonesmarch1two">
The property website <a target="_blank" href="https://radicalterrace.com/post/19783036862/21-wentworth-road-vaucluse-lists-with-12m-hopes">Radical Terrace considered the property </a>was likely to sell at a loss when it was written up last May.  It was listed in March, and sold last August on extended settlement terms.
It sold through Alain Waitsman at LJ Hooker.
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Businessman Greg Jones secures $12 million in small Vaucluse loss

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Kubba Roonga, the Blue Mountains guest house where Sir Donald Bradman took Jesse for their 1932 honeymoon, has been sold for $695,000.
It’s a rambling 1915 Blackheath guest house now with seven ensuited bedrooms. It last sold at $585,000 in 2006.
<img height="351" width="470" src="/images/stories/2013/03/kubbamarch1one.jpg" alt="kubbamarch1one">
Normally associated with Bowral, Australia's most famous sportsman had a soft spot for Blackheath, having knocked up his fastest century – off 22 deliveries – at the local cricket oval shortly before his 1932 stay.
Property Observer gathers Kubba Roonga, which has a AAA four-star rating, will continue trading as a guesthouse..
Set about 120 kilometres from Sydney, Kubba Roonga sits on 1,315 square metres of English-style gardens on Brentwood Avenue close to the spectacular Grose Valley.
The house has open fireplaces, polished timber floors, and stained glass windows. There’s a commercial kitchen and restaurant dining space for house guests.
Ray White Blackheath agent Peter Torok had it for July 2012 auction, along with the adjoining 695-square-metre Arcadia Road property, which after its 1915 construction served as the manager’s cottage.
<a target="_blank" href="https://www.propertyobserver.com.au/leisure/kubba-roonga-sir-donald-bradmans-blue-mountains-honeymoon-destination-listed/2012051154660">The guest house was initally tipped to fetch more than $800,000</a>. It’s asking price was reduced post-auction to $750,000 plus. The former manager's cottage fetched $410,000.
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