<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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Brisbane house prices have remained relatively steady over 2012, according to the latest quarterly median house price data released by the Real Estate Institute of Queensland (REIQ).
Median house prices are up 0.4% in the December 2012 quarter to $510,000.
This is the second consecutive quarterly increase for Brisbane house prices.
REIQ chief executive Anton Kardash says the latest quarterly result demonstrates that the second half of 2012 was one of improvement.
“This is the second consecutive quarter where the market has exceeded expectations,” he says.
“Historically the December quarter is quieter than the September quarter - and we did have a very strong September quarter last year – but what these figures are showing us is that buyers continue to be more active than the year before.”
The volume of houses sold in Queensland is up 8%, year-on-year.
“There is no doubt that the Queensland market is improving due to the low interest rate environment, increasing confidence levels, an element of pent-up demand, as well as a more settled economic outlook here and overseas,” Kardash says.
“Upgrader suburbs in Brisbane did particularly well over the period, with many buyers taking advantage of low interest rates to make their move,” he says.
“Unfortunately, however, the numbers of first-home buyers active in the Queensland market continues to trend down following the removal of the first-home owners’ grant in October last year.”
One of the better-performing Brisbane suburbs over the quarter was Ashgrove, where median house prices jumped 11.9% in the quarter to end the year 3.2% up on 2011 at $755,000.
Bracken Ridge also finished the year strong, with median house prices up 13.9% for the quarter and 2.7% for the year to $428,750.
The median house price in the suburb of Nundah is $631,250 in December, up 9.8% for the December quarter and 9% for the year.
The median Brisbane house price fell 0.4% over 2012 from $512,000 in the December quarter 2011.
In the December quarter of 2011 the median Brisbane house price fell 0.2% to $499,000.
Photo by bertknot, courtesy of Flickr
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Brisbane house prices steady in 2012: REIQ

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It is more expensive to rent office space in Mumbai’s financial district than in the Melbourne or Brisbane CBD, according to the latest global office report from Cushman &amp; Wakefield.
The report refers specifically to Mumbai’s Bandra Kurla Complex (BKC), a planned commercial complex in India’s financial capital.
It consists of a number of commercial buildings with tenants including Dow Chemicals, ICICI Bank and Citibank, as well as being home to the Mumbai Cricket Association's cricket ground and the United States Mumbai Consulate.
Annual rents in Mumbai are around US$80 per square foot per year, compared with around $70 per square foot per year in the Melbourne CBD.
Mumbai ranks as the eighth most expensive Asia Pacific location to rent office space with Brisbane ranking ninth and Melbourne 10th.
 <img alt="mumbai-melbourne_offices" height="470" width="642" src="/images/stories/2013/feb21/mumbai-melbourne_offices.gif">
Photo by Deepak Gupta, courtesy of Flickr
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Mumbai hits Melbourne for six on office rents: Cushman & Wakefield

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Frasers Property Australia has approval to develop a riverfront site at Parramatta, just east of the Parramatta CBD.
The five-hectare site, which is currently an industrial park tenanted by Toshiba, will have 774 apartments across 10 towers.
Ranging from two to 12 storeys, the contemporary Morton Street residential precinct has been designed by the architectural firm Smart Design Studio, following a design competition.
<img alt="frasersfeb21" src="/images/stories/2013/02/frasersfeb21.jpg" width="470" height="264">
The site includes 1.2 hectares of foreshore land which will be remediated and landscaped and then gifted to the city of Parramatta.
The site is close to the University of Western Sydney.
The area was re-zoned for residential, mixed-use, public open space and waterway uses in 2011 under the Parramatta local environment plan (LEP) 2011.
The recent planning consent for Frasers’ Morton Street masterplan and stage one works was given by the NSW Joint Regional Planning Panel following a period of <a href="https://mortonstreetconsultation.com.au/" target="_blank">community consultation</a> co-ordinated by Urbis.
Building heights are generally equal to or less than the heights permissible in the Parramatta City Council development control plan 2011 and the Parramatta local environmental plan.
The development will take place in three stages, with each stage assessed by council. Stage one works include three buildings with around 277 apartments, plus associated open space and landscaping.
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jchancellor-FAypfDUnLy

Approval for Frasers' riverfront project at Parramatta

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As the initial advertising of the four Bondi cottage offerings gets further underway, The Block All Stars ratings have picked up a tick, with four consecutive nights above one million viewers.
But it  still can't get close to the Channel 7 juggernaut, My Kitchen Rules.
Wednesday night's Block audience was 1.041 million to MKR's 1.75 million. The Block was the night's third most popular show, excluding news and current affairs.
Estate agents have been limited in rolling out all the internal images as just two rooms have been revealed, although the floor plans give more than a hint of what's to come with the $1.4  million plus inspection by appointment listings.
In a demure strategy, McGrath agent Chris Volpatti has been marketing <a target="_blank" href="https://www.mcgrath.com.au/buy/house-bondi-nsw-2026/176408/?searchID=26595604">6 Tasman Street</a>, but without any reference to The Block what-so-ever. It's the cottage renovated by his clients, the Melbourne couple, Dan and Dani. The ad does say its been renovated in a "signature style."
<img height="333" width="470" src="/images/stories/2013/02/theblockfeb21two.jpg" alt="theblockfeb21two">
By contrast, Phil and Amity kicked off their marketing with fanfare last week for 12 Tasman Street through <a target="_blank" href="https://www.1stcity.com.au/Sales-Detail.aspx?id=HCES280&amp;wlid=b059dba1-f68f-41c9-a078-0e6e7e4922ed">1st City - Hasemer + Caldwell.Eyles</a>.
<img height="451" width="470" src="/images/stories/2013/02/theblockfeb21one.jpg" alt="theblockfeb21one">
Ray White agent Cameron Airlie has begun marketing <a target="_blank" href="https://rwre.com.au/nsw/bondi/927853/">8 Tasman Street</a>, the Josh and Jenna renovation set for March 19 auction. He plays down the Block association, with just the one pic of the renovation couple.
<img height="453" width="470" src="/images/stories/2013/02/theblockfeb21three.jpg" alt="theblockfeb21three">
BresicWhitney have yet to post any marketing for 10 Tasman, which was renovated by the tradies, Mark and Duncan.
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The Block All Stars audience builds, but Sydney listing agent overlooks Dan and Dani

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Asian investment house Bright Ruby is reportedly eying an office tower purchase in Sydney’s central business district.
It has approached the owners of 420 George Street, seeking to acquire the $500 million office component of the premium development.
The Australian Financial Review says the owners of the complex, Fortius Funds Management (75%) andLend Lease’s APPF investment unit (25%) have not formally offered 31-level tower to the market.
Comprising 37,733 square metres of A Grade office space, it tenants include State Street and AECOM.
It was Sydney CBD’s first five-star Green Star Design v2 office building.
Last year, the co-owners appeared to be ready to bring 420 George Street and MidCity shopping centre to market in one line, which could have reaped them $700 million, the AFR reported.
The Singapore-domiciled Bright Ruby has been chasing major Sydney office towers showing interest in the half share of the MLC Centre that GPT Group offered to the market in 2011.
Bright Ruby’s initial foray was the $62.5 million purchase of 10 Barrack Street in the Sydney from BlackRock.
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Singapore's Bright Ruby seeks out more Sydney office acquistions 

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The luxury Southbank penthouse of the Olympic swimmer Grant Hackett and his estranged wife pop-singer Candice Alley has been listed for sale.
More than $2.7 million is being sought through RT Edgar, according to Fairfax Media.
The 57th floor apartment is in the Freshwater Place tower.
It comes with three-bedrooms and three-bathrooms.
The apartment cost $2.755 million in 2009.
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Grant Hackett and Candice Alley list Freshwater Place, Southbank apartment 

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The Reject Shop intends opening a record number of new stores during 2013.
The discount variety retailer today reported a 21.2% increase in net profit to $20.1 million in the December half after stronger sales.
The retailer has opened six stores since December 2012.
It plans a further 10 openings before Easter and then seven before July, lifting the number of new stores in the current financial year to a record 40.
Its opening rate, which is twice its historic growth rate, seeks to take advantage of troubles at Retail Adventures which has closed around 100 stores since its administration last October.
Reject Shop has picked up 14 Retail Adventures stores.
"The strong performance of our new stores opened during the period reflects the robustness of our business model and the continued appeal of The Reject Shop brand,' the company said today.
"During the half, we opened 17 new stores, as well as relocating two existing stores."
The store openings were widespread with: five each in Queensland and New South Wales; three in Victoria; and two each in Tasmania and Western Australia.
The company said the new stores had performed above expectations while the trial of a temporary second store in an existing major shopping centre has provided significant learnings for our future store growth strategy.
"We are extremely pleased at the trading in the majority of our existing stores, with only a small number of stores, primarily in larger centres, dragging down overall sales growth."
The company also advised it had achieved "positive outcomes" on renewal of leases and will continue to negotiate strongly on all future renewals.
"As previously indicated, we are prepared to exit stores where occupancy costs are unrealistic or the long term viability of the retail precinct is questionable. Some of our stores within larger shopping centres are high on our priority list for further discussion with our landlords," the managing director Chris Bryce said.
 
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The Reject Shop intends opening a record number of new stores

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Brookfield Multiplex has been appointed to design and construct The University of Melbourne’s (UOM) $100 million Faculty of Architecture, Building and Planning Building (FABP) in Parkville.
Spanning six levels and 17,488 square metres, construction of the FABP building will commence in May this year to be completed in time for the 2015 academic year.
<img height="335" width="470" src="/images/stories/2013/02/brookfieldfeb20.jpg" alt="brookfieldfeb20">
John Wardle Architects in Melbourne and NADAAA from Boston were the successful winners of a design competition for the building which received more than 130 submissions from 15 countries.
Brookfield Multiplex will work to create a Living Lab in the building which will enable students to learn about building and architecture on site while the FABP is being constructed.
"We have a successful model established from our work at UNSW, RMIT and the Melbourne Brain Centre and will implement similar strategies on this site," said Graham Milford-Cottam, the regional managing director of Brookfield Multiplex Victoria.
Its heritage listed facade, originally from the old Bank of NSW built on Collins Street in 1856 and relocated to the University Of Melbourne in 1932, will be incorporated in the new building.
The building will also feature a suspended studio that will hang from the atrium.
There will be a Japanese room with cladding that alludes to traditional Japanese construction. Another element of the building will be an underground library with glazed skylights that will open into the building.
"The project is a once-in-a-lifetime opportunity for the Faculty, including the Melbourne School of Design, to articulate its strategic objectives, demonstrating a commitment to innovation through the design and delivery of an outstanding centrally located campus building," said Tom Kvan, Dean of FABP, University of Melbourne.

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Brookfield Multiplex appointed to construct The University of Melbourne’s $100 million Faculty of Architecture, Building and Planning Building

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House prices on the Gold Coast and Sunshine Coast declined relatively modestly over 2012 and showed signs of recovering in the final quarter of the year, according to new figures released by the Real Estate Institute of Queensland (REIQ).
The figures suggest these tourism-dependent, retiree-friendly coastal markets averted the “catastrophe” suggested by Sunrise presenter and finance guru David Koch and his wife Libby a year ago.
House prices on the Gold Coast declined by 3.1% over the year with the median price declining from $480,000 to $465,000 on an annualised basis.
This compares with a steeper decline of 4.8% recorded over the 2011 calendar year.
Over the final three months of the year, Gold Coast house prices lifted by 1.1% - a better result than the Brisbane city market, where house prices gained just 0.4% over the final quarter of the year.
On the Sunshine Coast, house prices fell 2.9% over the year with the median price declining from $445,000 to $432,050 on an annualised basis.
In 2011, Sunshine Coast house prices fell 5.3%, according to the REIQ.
There are indications that house price declines may be slowing down with the Sunshine coast recording just a 0.2% decline over the final three months of 2012.
<table cellpadding="0" cellspacing="0" border="1"><tbody>
<tr>
<td valign="top" width="111">
Region
</td>
<td valign="top" width="94">
Median sale price Dec 2012
</td>
<td valign="top" width="76">
Qrtly change
</td>
<td valign="top" width="95">
Median sale price for 12 months to Dec 2012
</td>
<td valign="top" width="104">
Median sale price for 12 months to Dec 2011
</td>
<td valign="top" width="104">
1yr change 2012
</td>
<td valign="top" width="104">1yr change 2011</td>
</tr>
<tr>
<td valign="top" width="111">
Gold Coast
</td>
<td valign="top" width="94">
$465,000
</td>
<td valign="top" width="76">
+1.1%
</td>
<td valign="top" width="95">
$465,000
</td>
<td valign="top" width="104">
$480,000
</td>
<td valign="top" width="104">
-3.1%
</td>
<td valign="top" width="104">-4.8%</td>
</tr>
<tr>
<td valign="top" width="111">
Sunshine Coast
</td>
<td valign="top" width="94">
$429,000
</td>
<td valign="top" width="76">
-0.2%
</td>
<td valign="top" width="95">
$432,050
</td>
<td valign="top" width="104">
$445,000
</td>
<td valign="top" width="104">
-2.9%
</td>
<td valign="top" width="104">-5.3%</td>
</tr>
<tr>
<td valign="top" width="111">
Brisbane City
</td>
<td valign="top" width="94">
$510,000
</td>
<td valign="top" width="76">
+0.4%
</td>
<td valign="top" width="95">
$510,000
</td>
<td valign="top" width="104">
$512,000
</td>
<td valign="top" width="104">
-0.4%
</td>
<td valign="top" width="104">-5.2%</td>
</tr>
</tbody></table>
Source: REIQ
REIQ CEO Anton Kardash said the latest quarterly result demonstrated that the second half of 2012 was one of improvement.
“This is the second consecutive quarter where the market has exceeded expectations,” he said.“Historically the December quarter is quieter than the September quarter- and we did have a very strong September quarter last year - but what these figures are showing us is that buyers continue to be more active than the year before.
The REIQ also reported increased buyer activity in Queensland’s tourism centres with the numbers of house sales up 27% on the Sunshine Coast and 19% on the Gold Coast compared to the December 2011 quarter.
“Buyers are once again looking at our beautiful tourism regions, perhaps attracted by the lower price-points that are now available in some of these areas,” says Kardash.
REIQ Gold Coast zone chair John Newlands said the positive results show signs that the housing market on the Gold Coast is now in a period of stabilisation.
“Recovery appears to be on its way with both the lower end and prestige markets performing well over the quarter,” he said.
Commenting on the Sunshine Coast, zone chair Lloyd Edwards said market conditions generally are faring well, with a very upbeat and positive sentiment in the marketplace.
"We are seeing more completed sales, most likely due to buyers being frustrated by the tight rental market conditions in the region," he said.
“The month of December saw uncharacteristically high activity despite the dramatic decrease in properties coming onto the market as interest rates reduced their holding costs.
"The beach community of Buddina appears to be back in favour with buyers with its median house price increasing by 14.9% over the year ending December, possibly attributed to the varying number of waterfront properties sold.
A year ago <a href="https://www.propertyobserver.com.au/queensland/sunshine-coast-mayor-slams-kochie-for-catastrophic-warning-to-property-investors/2012012353114" target="_blank">Sunrise presenter and finance guru David Koch and his wife Libby</a> outraged Gold Coast and Sunshine Coast estate agents and developers by describing the two South East Queensland coast markets as “catastrophes” He said an oversupply of apartments on the Gold Coast and Sunshine Coast was “nothing short of devastating” and that it would be years before there would be any sort of recovery.
Coastal Queensland estate agents took to the parochial local newspapers to vent their anger at Kochie.
But he remained unfazed, responding with a <a href="https://kochie.com.au/20120129527/why-gold-coast-real-estate-agents-are-the-worlds-supreme-optimists-or-loose-with-the-truth">barrage of real estate data</a>, including quoting figures from RP Data showing that Gold Coast house prices had fallen 15.1% from their peak in March 2010, with units were down 15% from December 2011 quarter.
On the Sunshine Coast, he said, house prices were down 13.9 % from their peak in December 2009 with units falling even further, down 16% from their peak in March 2010.
The figures out today from the REIQ suggest the worst may has passed for these two markets, though early indications about the Gold Coat unit market suggest falls will be greater than those experienced in the detached housing market.
Figures released in the December quarter Prodap report, which looks at new housing,says Gold Coast house prices fell by 4.5% over 2012 with units down 7.3%.
Bill Morris, author of the Prodap Report, said he had not seen such a grim picture of the new housing production market since the 1981-82 recession.
The problem for the Gold Coast land market, said Morris, was that “established houses are cheaper and in many cases better located than new houses”.
“In other words, replacement costs are higher than the price of older homes,” he said.
REIQ figures till the end of September 2012, record a 5.5% decline in the median price of Sunshine Coast units to $325,000, with Gold Coast City units down 2.8% to a median of $330,000
Residex provides a collective Gold Coast unit figure in its regional property update.
It records that Gold Coast unit prices fell 4.34% for the year to October to a median value of $325,000.
As a point of comparison, country Queensland unit values fell by less than half of that - down only 1.95% over the same period to a median of $278,500.
However the Gold Coast unit price correction in 2012 was less than half the 8.74% fall recorded over the previous 12 month period to October 2011, suggesting the market may be close to bottoming out.
RP Data has Surfers Paradise unit prices down 2.8% over 2012, but Broadbeach units up 2.3%.
These suggest modest price corrections over 2012.
Telling though, sales volumes continued to fall steeply, indicating the market remains severely depressed in terms of sales activity.
This most likely reflects a disconnected market with vendors unwilling to set realist price expectations (and take a loss on their investments) combined with buyers in search of an expecting to secure big discounts off the previous selling price.
RP Data records 728 unit sales in Surfers Paradise in 2012, a 12% decline compared with the already low figure of 831 sales recorded in 2011.
Putting this in context, RP Data recorded 2,359 sales on Surfers Paradise in 2007 – that’s more than three times as many as there were last year.
Sales picked up a little on Broadbeach – rising from 295 in 2011 to 317 in 2012 – but this is less than half the 714 sales recorded in 2007 before the GFC began to bite.
Certainly new and off the plan apartment sales on the Gold Coast remain very weak.
The November quarter Midwood Report reported on a deeply troubled Gold Coast apartment market with developers reporting only 19 high-rise apartment sales over the November quarter, a 70% plunge from sales figure a year ago, according to the latest Midwood Report.
Quarterly sales figures were more than double the paltry eight sales recorded in the August quarter, but just a fraction of the 73 sales recorded in November quarter of 2011.
In total there are 705 high-rise apartments available for purchase on the Gold Coast, which at current sales rates would take close to a decade to clear.
The Midwood report classifies high-rise sales as those developments of 40 storeys and higher.
All but three of the sales over the quarter were in the Brookfield Multiplex-constructed $700 million Hilton Surfers Paradise (pictured below), following prices being reduced by up to a third.
There were no sales reported in the two other major high-rise apartments – Niecon’s Oracle and Juniper’s Soul, both of which are in the hands of receivers.
Midwood records 47 unit sales on the Sunshine coast over the November quarter with 40 of these sales occurring at Saltwater, being developed by RGD Property group in Birtinya with prices starting from $360,00 for a one bedroom apartment. 38 units remain up for sale.
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David Koch “catastrophe” comments revisited: Gold Coast and Sunshine Coast house prices record modest declines in 2012

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The 1860s South Melbourne terrace of the AFL's No.2 man, Gillon McLachlan and his wife Laura has been listed for sale.
Its been listed by Rob Vickers-Willis of Abercromby's Real Estate Armadale.
The Georgian terrace comes with contemporary living and kitchen area with sliding doors that open to leafy courtyards.
<img src="/images/stories/2013/02/mclachlan1.jpg" width="470" height="353" alt="mclachlan1">
The three bedroom, two bathroom house also comes with rear contemporary studio apartment with private entrance above its two car garage.
The terrace cost $3.6 million in 2007. Set on a 460-square-metre block, it was formerly owned and restored by broadcaster Peter Couchman, who then bought next door.
<img alt="mclachlan2" height="353" width="470" src="/images/stories/2013/02/mclachlan2.jpg">
When Couchman bought it in the 1970s, it was divided into flats, but underneath plaster boards and layers of paint were fine period features.
The terrace, one of a pair built for a locksmith overlooking a little park, had previously traded at $1,925,000 in 2004, then $785,000 in 1996 and $625,000 in 1992.
<img alt="mclachlan3" height="353" width="470" src="/images/stories/2013/02/mclachlan3.jpg">
It was mid-last year that McLachlan, the AFL  deputy chief executive, knocked back the job as chief executive of the ARL Commission in Sydney.
He married, Laura, the daughter of Spotless chief Brian Blythe in 2003.
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