<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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The artist David Bromley and his partner, Yuge Yu, having adjusted price expectations on their current Byron Bay abode, have found a buyer.
Bromley, one of Australia's most prolific artists, and Yu, a fashion designer, cut the asking price on the Jonson Street property from $1.55 million <a href="https://www.propertyobserver.com.au/new-south-wales/artist-david-bromley-knocks-%24150000-off-his-byron-bay-asking-price/2013010758639" target="_blank">to $1.4 million earlier this year</a>.
The property was bought by Bromley's former partner of 17 years, Tori Dixon-Whittle, who paid $1.15 million in 2007. Dixon-Whittle and their three children now live in Vietnam.
The original three-bedroom cottage comes with outbuildings that allow for, all up, five bedrooms. There is commercial zoning.
It was sold through Ray White agent David Gordon who had its listed in conjunction with Bangalow Real Estate.
The property is being offer with painted murals in the courtyard, on the side of the house, in two bedrooms and in the living area.
In its backyard, there’s a vintage AirStream caravan with a deck and Japanese hot tub, and a Studebaker ute decked out with tropical plants.
The selling price has not been revealed.
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jchancellor-FAypfDUnLy

Artist David Bromley finds Byron Bay buyer 

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Can someone please tell the Victorian state government that Kevin Costner is an actor, not a policy maker?
Costner’s infamous theory of “Build it and they will come” worked a treat for him in the 1989 film Field of Dreams, when he built a baseball field on a cane farm in the middle of nowhere, then attracted a crowd to see his team relive their glory days. But in Melbourne, where it’s not baseball diamonds that successive governments are building but too many greenfield housing estates and high-rise apartments, the “Build it and they will come” theory is way off base.
Melbourne has around 41,000 properties for sale right now – that’s a whopping 74% more than Sydney’s 23,467. And yet, Sydney’s population is 12% higher.
Melbourne’s glaring error is that the “baseball field” it has built is now bigger than two MCGs put together, yet the number of people who’ve turned up at the "game" could comfortably fit inside Rod Laver Arena. It’s construction on steroids!
You could say Melbourne’s property market won the "World Series" in 2009 and 2010. The $155,000 (38%) increase in the median value of established houses topped the table in Australian property terms and rightly created jubilation for its fans.
Then, property owners in Melbourne hit a home run when the Victorian government added significant stamp duty incentives to the federal government’s GFC stimulus package incentives. It created a buyer frenzy, which was further fuelled by an influx of Indian students needing somewhere to live.
"Sign me up for season tickets!" was the call of many DIY property investors looking to join a winning team. Instead, they’ve witnessed successive wooden spoons, with Melbourne’s property market performing abysmally over the past two years. In Costner terms, we could say the crowd numbers are way down. In property parlance, we can say Melbourne’s got high vacancy rates and low rental yields right now.
The problem with Victoria’s "field of dreams" strategy is that, while they certainly have "built it", they no longer have the people to come. Large-scale job cuts in the public service, manufacturing, and financial services sectors are putting punters out of action. This "field of dreams" is fast turning into a "boulevard of broken dreams".
I love Melbourne for its culture. But as a property market, unless it can rid itself of its addiction to construction steroids, its performance is more likely to resemble a B-grade spaghetti western than an Oscar-winning epic. And even Kevin Costner couldn’t save it.
Simon Pressley is managing director of <a href="https://www.propertyology.com.au/" target="_blank">Propertyology</a>, a full-time property market analyst, accredited property investment adviser, and 2012 REIA / REIQ Buyer’s Agent of the Year.
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spressley-sBoeMhannA

If you build greenfield housing estates, they won't necessarily come: Simon Pressley

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Beach bathing box 72 on Brighton beach failed to sell at its weekend auction.
The offer of $176,000 was short of its $190,000 reserve.
''We didn't even really have an auction but we have got some interest and are in discussions with someone,'' Nick Johnstone agent David Urquhart told Fairfax Media.
<a target="_blank" href="https://www.realestateview.com.au/Real-Estate/72-beach-box-brighton/Property-Details-buy-residential-4922749">Its listed at $150,000 plus</a>.
Title Tattle recalls it was listed in late 2011, but without any disclosed price.
Set on one of the most photographed locales in Australia, the priciest of the weatherboard boxes was $260,000 in 2011.
Bathing boxes existed in <a target="_blank" href="/news" title="Brighton">Brighton </a>as far back as 1862, with the 85 boxes at Dendy Street being a throwback to the 19th century, when the increasing popularity of sea bathing clashed with Victorian-era prudishness.
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Brighton bathing box fails to sell

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Company title disputes will be able to be heard in the NSW Local Court instead of the Supreme Court, under changes announced by NSW Attorney-General Greg Smith.
The new system will allow cheaper and more efficient dispute resolution, Greg Smith said.
The state has about 820 apartment blocks under company title, compared with more than 71,000 strata schemes.
“Until now, company title disputes have been typically heard in the Supreme Court with the cost of the proceedings preventing some residents from resolving conflict over issues such as noise, the use of common property and the raising of financial levies,” Mr Smith said. “The NSW Government will enable the small claims division of the local court to deal with company title disputes so that the issues can be resolved quickly and with as little formality as possible.” “The local court will also be able to refer matters to mediation, which could further reduce costs for residents of company title units.” Company title is a system of communal land ownership where a person earns the right to live in a unit in a residential building by acquiring shares in a company that owns the building. Before the introduction of Strata Title legislation in NSW in 1961, most unit blocks were held in company title. “Company title is now relatively uncommon in NSW," Mr Smith said. Strata title differs from company title by allowing people to own a unit in a building.
Disputes involving strata title units can be resolved in the Consumer, Trader and Tenancy Tribunal.
However, a tribunal, such as the Consumer, Trader and Tenancy Tribunal, may not be able to be given the power to resolve Company Title disputes that arise under the Corporations Act 2001, which is a Commonwealth Act.
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Company title disputes now off to the cheaper NSW Local Court

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The celebrity chef Shannon Bennett has spent possibly close to $5 million to buy South Yarra's historic Victorian mansion, Barwon.
<div class="aside">
The Vue de Monde restaurateur and wife, actor Madeleine West, have subsequently sold their home in Kensington over the weekend for a price believed to be $1.6 million plus.
The 1881 Cromwell Road, South Yarra property last traded for $2.8 million in 2005, but now comes with a contemporary extension to the original Percy Oakden designed home.
<img src="/images/stories/2013/02/bennettfeb20.jpg" width="470" height="314" alt="bennettfeb20">
It has four bedrooms, plus two studies along with a self-contained apartment in its pool house on its 1266 square metre holding.
<a target="_blank" href="https://www.kayburton.com.au/property/38-cromwell-road-south-yarra">It was initially listed around August last year with $5.5 million hopes </a>selling quietly to the celebrity couple last December.
Madeleine West has currently put her Lennox Street, Richmond apartment up for sale.
The <a target="_blank" href="/news">Kensington </a>property was listed with price hopes of $1.5 million to $1.65 million. <a target="_blank" href="https://www.propertyobserver.com.au/victoria/chef-extraordinaire-shannon-bennett-lists-home-for-%2415-million-plus/2013013159077?utm_source=po&amp;utm_medium=aida&amp;utm_campaign=latestnews">It's a chef’s dream</a>.
 
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Shannon Bennett and Madeleine West buy the 1881 South Yarra mansion, Barwon

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The Block All Stars got over 1 million viewers – but fell short of winning its timeslot on its first Sunday night outing.
Its overall audience was 1.11 million, beaten by Channel Seven's Sunday Night, which rated 1.18 million in the 6.30pm to 7.30 timepm.
Although winning the ratings within many key demographic groups, it's only the second time above 1 million for the show amid its initial 10 shows.
Perhaps there's not the ongoing curiosity there since the audience knows all the contestant characters.
The overall weakened viewing is certainly not for want of getting straight into the renovations, as there have already been two quick room reveals by the so-called All Stars.
The first time over 1 million was achieved was last Monday night's first room reveal.
The Monday night room reveal had a 1.13 million audience, according to OzTAM.
The four couples to star in The Block: All Stars season hark back to Adelaide's Phil and Amity (2003), then Sydney's Mark and Duncan (2010), Melbourne's Josh and Jenna (2011), and Melbourne's Dan and Dani (2012).
It was in March last year when Property Observer first wrote The Block renovation television series was set to return home to Sydney after its South Melbourne series.
The production company bought four single-level semis at Bondi, with its hush-hush purchase costing an estimated $4.4 million or more.
The two first seasons were hugely successful in the ratings, with the first season averaging 2.4 million viewers an episode, and over 3 million watching the 2003 season finale.
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Room reveals secures million-plus The Block All Stars audience

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Barry Station at Nundle has been listed for sale with offers due March 28.
Its a large-scale cattle breeding farm in the rain-favoured north-east of NSW, set south-east of Tamworth.
Barry Station is an 8,522 hectare (21,058 acre) aggregation being sold by former earthmover, Ian Anderson, who bought it 21 years ago from Australian Goat Breeders Ltd, after the latter ran into difficulties.
<img height="225" width="400" src="/images/stories/2013/02/barrystationfeb18.jpg" alt="barrystationfeb18">
Australian Goat Breeders had paid $1.7 million in 1988. Anderson paid $2.35 million in 1995.
Much earlier in its hostory it was held  by Australian Agricultural Company (AACo), which used it to breed young cattle for finishing on its inland properties.
On its unsuccessful 2009 listing, Mr Anderson recalled Barry Station was a “blackberry farm” when it was bought in 1992.
It had price indications of $10 million plus on its 2009 listing after nearby New England big ticket sales in the prior period including Wombramurra Station.
No price indication has been given by its mortgagee, Provident Capital which has it listed through Peter Etheridge at <a target="_blank" href="https://peproperties.com.au/">Peter Etheridge Properties </a>and <a target="_blank" href="https://rea.colliers.com.au/property-livestock-nsw-nundle-7514371">Craig Young at Colliers International</a>.
"It is the policy of the receivers and managers,  PPB Advisory not to give any price estimations or expectations on the property.
"The property is for sale by tender, with the hope of letting the market find the true value.
"Inquiry has been strong to date with requests for full particulars from more than 30 interested parties from virtually every state, being both rural and city based investors.
"Barry Station presents an excellent  opportunity to invest in a large scale grazing operation, being just over 1 hour from Tamworth, in a high rainfall area and with the potential to add value by further development," the sales team advised.
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Barry Station at Nundle for sale

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Apartment living has found its way to the south-western suburb of Altona Meadows, where a new apartment building has been proposed for 390-394 Queen Street and 83-91 Merton Street. Designed by Mills Gorman Architects and developed by Noordenne Constructions, the development if approved will include 80 dwellings comprising of one, two and three bedrooms within a 4 storey complex, reaching a maximum height of 13.3 metres. 
<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/merton_0000_0.jpg" rel="gallery-all" title="Noordenne Constructions proposed development"><img alt="" class="image-article-full-width-702px" src="http://urbanmelbourne.info/sites/urbanmelbourne.info/files/styles/article_full_width_702px/public/pictures/article-images/merton_0000_0.jpg?itok=LrdETDKf" title="Noordenne Constructions proposed development" typeof="Image"></a>
Accompanying the planned apartments, will be 82 resident car spaces and 2 gymnasium car spaces which will be located in a basement level; there are no guest car parks associated with the building. Incorporated into the proposed development will be a new gymnasium which is slated for the busy corner of Merton and Queen Streets, directly opposite the controversial flower sculpture “Grow”, as well the local shopping centre, Central Square, also owned by Noordenne Constructions. If the green light is given to the proposal, construction will not proceed until after Noordenne completes the new ALDI supermarket, currently being built within the Central Square Shopping Centre car park.
While proposals of this magnitude are relatively new to Altona Meadows, it is not the first medium-high density apartment project that has come before the Hobson’s Bay Council with 2 new apartment complexes currently nearing settlement in Pier Street, Altona. The 5 level apartment building at 105-113 Pier Street will hold 95 dwellings and associated retail upon completion, meanwhile a 4 story development across the road at 112-114 Pier Street will add a further 45 dwellings and 5 new retail tenancies.
Apartment living in areas such as Altona raises an interesting question:
Would you rather live in an apartment within a short walk to public transport, beach, retail and services or the other side of Geelong Rd in a new estate such as Truganina where you have, well....a house, car and not much else?
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melbournee12

Apartments in the Meadows

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Australia’s financial markets are off to a swashbuckling start in 2013, hitting a 33-month <a href="https://www.businessspectator.com.au/bs.nsf/Article/Aust-stocks-open-at-fresh-33-month-high-pd20130213-4UV59?opendocument&amp;src=rss">high</a> and thus conquering a psychological barrier. This was quickly followed by another <a href="https://www.businessspectator.com.au/bs.nsf/Article/Aust-stocks-open-pd20130214-4VV5M?opendocument&amp;src=rss">breakthrough</a>, which was the benchmark index's highest point since August 2008. The most interesting point is that investors were running scared last year, but once they saw the coast was clear they came flocking back in. You see the same behavioural pattern in real estate: when the market is booming, buyers are prepared to pay well over the reserve, but when the market is falling they are mesmerised by fear.
<a title="As banks’ cash piles grow, so does the pressure to share with investors" href="https://www.smh.com.au/business/as-banks-cash-piles-grow-so-does-pressure-to-share-with-investors-20130211-2e8u2" target="_blank">As banks’ cash piles grow, so does the pressure to share with investors</a>. Last Wednesday, the country’s largest lender the Commonwealth Bank announced it was headed for another year of record earnings. It’s hard to fathom why gloomy former <a title="RBA board member Bob Gregory predicts cash rate to fall to 1.5%" href="/news" target="_blank">RBA board member Bob Gregory predicts the cash rate to fall to 1.5%</a> (although other bank economists are more circumspect). Given the Reserve Bank of Australia (RBA) currently has the cash rate at 3.00% - which is what the bank terms “emergency levels” - one can only assume that at 1.50% our economy would be in intensive care. I can’t see that happening, however. The only positive is that at 3.00 % the RBA still has plenty of fat to cut from the cash rate. Weak outlook <a title="Weak outlook weighs on business confidence: CEO’s" href="https://www.businessspectator.com.au/bs.nsf/Article/Weak-outlook-weighs-on-business-confidence-CEOs-pd20130208-4QQNP?opendocument&amp;src=rss" target="_blank">weighs on business confidence: CEOs</a>, although the RBA is preparing for a slightly weaker economy.
So our fascination with markets continues to confuse given the balance of arguments are both for and against, which translates into the dreaded consumer confusion. <a title="Housing values maintain build – up" href="https://afr.com/f/free/blogs/christopher_joye/housing_values_maintain_build_up_N2u1LtLLkNmHCKvZXOxlFJ" target="_blank">Housing values maintain build – up</a> where the much-maligned “housing affordability” presently sits at a ten year low. Australia’s property markets consist of thousands and thousands of individual niche markets, as shown in the graphs below.
<a href="https://www.rwm.com.au/2013/02/mirage-markets-continue-to-stifle-consumer-confidence/bb67f820-71a0-11e2-8dce-b19ab989915d_09p29sm_joye/" rel="attachment wp-att-7429"><img alt="bb67f820-71a0-11e2-8dce-b19ab989915d_09p29sm_joye" src="https://www.rwm.com.au/wp-content/uploads/2013/02/bb67f820-71a0-11e2-8dce-b19ab989915d_09p29sm_joye.png" width="470" height="244"></a>
<a href="https://www.rwm.com.au/2013/02/mirage-markets-continue-to-stifle-consumer-confidence/12-02-2013-10-25-46-am/" rel="attachment wp-att-7423"><img alt="12-02-2013 10-25-46 AM" src="https://www.rwm.com.au/wp-content/uploads/2013/02/12-02-2013-10-25-46-AM.jpg" width="470" height="796"></a>
In the late 1980s, the Mosman property market was dominated by property developers who were eventually wiped out in the early 1990s with the "recession we had to have". Our markets were benign until 1995 when Sydney was announced as the host of the 2000 Olympics, marking the rise and rise of merchant bankers – a group who were to be severely impacted by the Global Financial Crisis. The new dominant buyer in Sydney’s top–end markets <a href="https://www.propertyobserver.com.au/trends/chinese-signal-property-buying-intentions-in-australia-as-permanent-arrivals-numbers-rise-and-visitor-numbers-jump-dramatically/2013020659187">are the Chinese</a>. According to the Australian Bureau of Statistics (ABS), 17,580 Chinese people settled permanently in Australia in 2012, up from 15,780 in 2011 and 14,720 in 2010. We have seen anecdotal evidence at the top–end that the Chinese are the new main players, which explains why last week we added a Chinese translation to our website.
Yet again, vendors in Sydney's lower north shore are not being drawn into selling, with numbers of houses and apartments well down on this time last year. Given the volumes in 2012 were significantly up when compared to 2013 it is indeed difficult to explain why vendors are not attracted to sell. We believe the reason is many people think that property markets are set to jump significantly and, given the low stock levels, they are concerned about selling and then seeing prices jump and being caught in a vacuum. This takes me back to what I said earlier: you see the very same behavioural patterns with real estate. When the market is booming, buyers are prepared to pay well over the reserve, butwhen the market is falling they are mesmerised by fear.
Robert Simeon is a director of <a target="_blank" href="https://www.rwm.com.au/" title="RWM">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">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

Fear of price jump holding back north shore vendors

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The Rae's on Watego"s guesthouse at <a target="_blank" href="/news">Byron Bay </a>is back on the market after its $20 million purchaser failed to settle the October 2012 pre-auction deal.
''We had much genuine interest in Rae's at the auction, and I'm annoyed about this situation, having exchanged a signed contract with guarantees from a reputable international businessman who has not delivered,'' owner Vincent Rae told Fairfax Media, having returned from his Paris base to undertake the re-marketing of the beachfront property.
The Marine Parade, Wategos Beach property had been scheduled for early 2013 settlement, but denied whispers began to circulate that the sale was not proceeding.
 In January Rae told News Ltd papers that he intended to meet with the intending buyer, the hedge fund manager William Morris in London in late January to discuss the delayed settlement.
Only last Thursday Property Observer was advised the sale was proceeding.
"News to me," a conjunctional selling agent said when Property Observer suggested the sale was not proceeding.
<a target="_blank" href="https://www.propertyobserver.com.au/news/rae-s-at-wategos-sold-in-the-hour-before-its-auction/2012102657462">During the marketing campaign</a>, the conjunctional agents issued 25 contracts to local and international parties, but just minutes before the auction, there was an announcement that contracts had just been exchanged and the property was sold.
Located on a prized 1,049-square-metre beachfront Marine Parade block, the property was set for auction through Ray White Hotels agents Tony Bargwanna and Andrew Jolliffe in conjunction with Gerald Delany of Kay &amp; Burton in Melbourne.
The auction was scheduled for 2pm but following last minute negotiations, the auctioneer Andrew Bell, of Ray White Surfers Paradise, announced <a target="_blank" href="https://www.realcommercial.com.au/property-hotel+leisure-nsw-byron+bay-500448523">the property </a>had sold.
"It's a momentous day," he told the large waiting curious crowd which included representatives of a Chinese investor with coalmining interests in Australia.
The selling agents have declined to give any indicative pricing, although the local paper says it fetched more than $21 million.
The agents expected interest from hoteliers, but it would mostly likely attract considerable residential buyer interest. There is recent approval for a new underground car park, cocktail bar, lift, sub-penthouse, spa area and a 200-square-metre entertaining terrace.
It charges between $600 to $1,380 a night.
Rae's is opposite the 1,406-square-metre record-setting holding bought by property developer Danny Goldberg for $15.68 million in boomtime 2006.
It was 1994 when the Rae's property sold for $1.37 million.
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