<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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Transport company owner Peter Smith has listed his home on the Isle of Capri. The property at 31-33 The Corso will be auctioned March 17 through McGrath agents John Natoli and James Ledgerwood.

Peter Smith was the buyer when <a href="https://www.mcgrath.com.au/buy/house-southport-qld-4215/168449/?searchID=26362426" target="_blank">Alston, the $9.8 million Southport mansion </a>sold under bank instructions.

The businessman started his trucking business in the 1960s with a Bedford truck and went on to form Cubico, which was sold to multinational Mayne Nickless.

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In 1974 Smith started SCT (Specialised Container Transport) and built it into a national logistics operation. It offers road, rail, sea, refrigerated transport, contract warehousing, distribution, and contract management services. In September 2010 Specialised Bulk Rail was formed as a subsidiary to haul iron ore from Calm Hill Mine for IMX Resources.

<a href="https://www.mcgrath.com.au/buy/house-isle-of-capri-qld-4217/176321/?searchID=26362389" target="_blank">His three-level riverfront house comes with five bedrooms and six bathrooms, plus a five-car basement garage.</a>

It cost $5.6 million in 2005 with Smith then demolishing the existing home and building a new home designed by leading Gold Coast architect David Denham. The home, of about 160 squares, was completed in 2006.
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Transport entrepreneur Peter Smith lists on Isle of Capri

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Purrumbete, the 10-bedroom bluestone homestead in Victoria's Western District, has been sold.
It comes nine months after being relisted with <a href="https://www.propertyobserver.com.au/victoria/six-walter-withers-murals-%E2%80%93-with-a-10-bedroom-victoria-western-district-homestead-thrown-in-%E2%80%93-listed-for-%246-million/2012050254531" target="_blank">a $6 million asking price</a>, which was then revised to $5.5 million. <a href="https://charlesstewart.com.au/view-property?OID=3933547" target="_blank">Andrew Rice at Charles Stewart Geelong</a> has advised the sale, with undisclosed sales price, on the agency website.
Andrew Rice, the agency director of rural property sales, advised Property Observer its sold to an undisclosed Geelong district family.
The estate on 170 hectares, some 75 minutes from <a href="/news">Geelong</a>, initially hit the market in late 2010. It was listed by B&amp;B operators Max and Ann Magilton, who've occasionally quipped that they bought six paintings with a house and farm attached. They paid $2 million in 2000.
Set on Lake Purrumbete, the house comes with a 1902 great hall lined with six Walter Withers murals telling how the Manifold family settled the area in the 1830s.
The Manifolds replaced the original slab hut with a bluestone and weatherboard house in the 1840s, which was incorporated into a larger residence in the 1850s and then in 1901 the architect Guyon Purchas undertook extensions and renovations for it to become a striking example of Art Nouveau architecture.
Later in Purrembete's ownership the late Sydney stockbroker Rene Rivkin, attracted by the Withers murals, bought the 170-hectare property for $1.5 million from David Marriner in 1987 and then followed it up with his purchase of the Walter Withers painting Allegory to Spring, which the Manifolds had commissioned to hang in the adjoining Purrembete room. Against a background of blossom-laden wattle and peach trees, it depicts a young girl clad in blue and white gossamer garments stirred by the winds of spring, who is moving with swift step past two shorn lambs to the destiny of love, which inevitably awaits her, according to Fanny Withers’ short biography of Walter. The painting cost $190,000 at a 1987 auction at Joel's.
The murals had gained public attention in the late 1980s and again in the early '90s when the two consecutive high-profile owners, David Marriner and Rene Rivkin, tried to strip them from the house.
With its Withers murals still intact, the bluestone homestead was resold by Rivkin in May 1991 for $950,000 and then later during the same recession Rivkin sold the painting at Sotheby's for $66,000. The property sale represented a 36% net loss; the painting, 60%.
Andrew Rice has enjoyed a close association with the Purrumbete property, having been involved in the sale back in 1987. He suggested the latest result would be an enormous injection of confidence for the rural sector.
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Purrumbete, with its Walter Withers farming murals, sold in Victoria's Western Districts

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The Victorian planning minister Matthew Guy has approved another $200 million Lend Lease office building proposal within the Victoria Harbour precinct of Melbourne’s Docklands.
Dubbed Y4, the proposal comprises a nine-level building with 34,000 square metres of space on Collins Street, near the impressive ANZ headquarters.
The building includes a central atrium linking Collins Street to the Yarra.
Late last year Mr Guy approved its neighbour, Y3, a $200 million building with 56,000 square metres of office space.
The Australian Financial Review says neither project has yet secured the anchor tenants needed to kick-start construction.
The Bates Smart-designed complex will sit alongside the 21-storey Y3, the Denton Corker Marshall-designed project.
The latest approval is for two towers which allows for multi-tenancy occupation.
 
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Lend Lease gets Y4 Docklands go-ahead, while Y3 awaits tenants

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<img alt="collierslogo" height="94" width="470" src="/images/stories/2013/02/collierslogo.jpg">
Tim Mutton will have a first-hand view of what will happen to the Canberra office market as the federal election campaign gets into full swing.
He tells Property Observer about the forces shaping the market and that he would invest a spare $750,000 in an office property in Fyshwick that offers double-digit yield potential. 
<img src="/images/stories/2013/02/timmutton.png" width="232" height="177" alt="timmutton" style="margin: 5px; float: left;">
Agent: Tim Mutton
Position: Director, investment services and office leasing
Company: Colliers International
Office Location: Canberra 
How long have you been in the industry? Joined Colliers International as a graduate in 2003.
What’s happening in the area you specialise in? Investment sales activity over the first half of 2012 has been strong, with four major transactions completed. Total sales volumes have already surpassed the total sales of the past two years, with $377.8 million having been transacted. Offshore investors have been particularly attracted to the Canberra market, dominating total sales volumes for the first half of the year as they seek the relative safety of government leased investments.
Describe the most interesting property you have sold. The most interesting property I have been involved with the sale of was a farm on the outskirts of Canberra where we were involved in finding a joint venture partner for the development of a 6,000-lot community called Googong. Over time this property will turn into its own township with shops, schools, community facilities in addition to a variety of housing options. 
What are the ingredients to being successful in your job? I strongly believe that to be a good agent you need an enquiring mind. You need to be able to think laterally and not be afraid to spend time understanding your clients and their properties. I also think you have to be patient. A lot of people get into real estate for rapid results, but you need to spend time learning your market, understanding the personalities operating in it and then turning this information into winning investment ideas for your clients. 
What aspects of your role do you enjoy the most? Uncovering value for my clients in areas overlooked by the majority. The number of times we have had good investment and development properties available but people have overlooked them to follow the herd into substandard assets baffles me. 
Where would you invest a spare $750,000? With interest rates falling I would invest in well-located light commercial in the Canberra suburb of <a target="_blank" href="/news">Fyshwick</a> with double-digit yield.
Which football team do you support? ACT Brumbies 
What’s your favourite app or techno gadget? I would be lost without my Sharp EL 735 calculator. Very old fashioned but faster than any app I have found to calculate values. 
How do you use social media? I use social media to keep track of colleagues and friends but also to better understand my clients and customers. The amount of information available in social networks is growing exponentially and to be able to have this information at my fingertips is amazing.</body></html>

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In profile: Tim Mutton, Colliers International’s Canberra office specialist

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It's taken just a fortnight for the legendary Dire Straits bass guitarist John Illsley to sell his <a href="/news">Point Piper</a> apartment.
The three-bedroom Wolseley Road apartment came with $3 million-plus hopes, with its selling agents Sally Hampshire of Laing+Simmons Double Bay and McGrath agent Bethwyn Richards now sworn to secrecy.
It cost $690,000 shortly after Dire Straits' 1986 tour of Australia.
The stylishly reinvented 241-square-metre apartment is atop a Wolseley Road block of seven called Harbour Gate.
<a href="/news">There's also a private boat shed on title with access to Seven Shillings Beach</a>.
These days the English-born Illsley, who lives in Hampshire, paints, having promised himself to pursue that passion when the time came in 1993 for Dire Straits to finish its touring. The band broke up in 1995.</body></html>

Nothing dire about Point Piper as John Illsley snappily sells Point Piper apartment

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Peter Barker, the outgoing chief financial officer at Computershare Australia, has listed his <a target="_blank" href="/news">South Melbourne</a> penthouse residence, which comes with views over Albert Park Lake and the CBD.
He is moving to Asia for work to take up a new appointment.
It's been listed through <a target="_blank" href="https://www.kayburton.com.au/property/15-182-albert-road-south-melbourne">Gary Ormrod and Peter Kudelka at Kay &amp; Burton South Yarra</a>. More than $2 million is tipped when offers for the Albert Road, South Melbourne close March 5.
It's within a boutique development of 15 apartments, the Laguna building which was designed by Rothelowman.
It was bought in 2009 and then totally renovated. The spacious apartment offers a generous open-plan living and dining area, which opens onto the terrace.
It has three bedrooms, the main with walk-in wardrobe and ensuite.
The second level has a generous family room with bar area opening onto an enormous rooftop with outdoor cinema facility with surround sound system.
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Outgoing Computershare Australia CFO Peter Barker lists South Melbourne penthouse

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There has been the recent discovery of shale oil deposits located in the Arckaringa Basin, in north-east South Australia. The discovery has been verified by geologists and independent researchers, and is expected to be in the value of AUD $20 trillion dollars.<a href="https://www.propertyobserver.com.au/https://www.abc.net.au/news/2013-01-24/major-oil-discovery-in-outback-sa/4481982" target="_blank"> See further detail on the verification here.</a>
<img alt="ackaringa2" height="332" width="400" src="/images/stories/2013/02/ackaringa2.jpg">
Even at worst-case scenario, if the oil quality is poor, it is still expected to have a value and worth in the "low" trillions of dollars. In fact, this is such big news that it bumps Australia into second place on a chart where we once appeared at position number 29. Wikipedia is yet to update, but<a href="https://en.wikipedia.org/wiki/List_of_countries_by_proven_oil_reserves" target="_blank"> historically this is where Australia has ranked in terms of "proven" natural oil reserves.</a>
We are now only second to Saudi Arabia in terms of sheer volume. The biggest question mark around it, though, is related to extraction. The shale rock is difficult to break up and extract oil from, making it a costly process. However, US technologies developed and in use in Canada/North America could ease the cost challenges of such drilling plans. Regardless, most experts are confident that any drilling project would be very profitable from day one onwards.
So just how significant is this discovery for Australian real estate investors? In my mind, the potential is huge for investors, for three reasons:
1. Unlike other resources boom areas around the country (such as the iron ore and uranium deposits), oil is the highest-demand of all of these resources yet. Additionally, the sheer volume of it means that these mining sites, once opened, won’t be drying up any time quickly. This means that much of the "high-risk" nature of investing in property located around mining sites is minimised, because these sites will likely be "in town" for decades to come, not just a handful of years.
2. Some resource-driven towns (but not all) only exist because of the mining discoveries made around them. This means that towns have had to pop up "overnight", with little to no infrastructure, town planning or resources available. With this comes a higher cost for property, due to the need to develop at least some minimal basic infrastructure in order to house those residents living in the mining town conditions. The Arckaringa Basin area has the benefit of having an existing town there, with already built infrastructure. Though the area is huge and there’s no way of yet knowing which towns specifically will become the unofficial "capital" of the Arckaringa region, the fact that some exist right in the centre already is music to a property investor’s ears.
3. This will very likely change the South Australian economy significantly. With the existing incentives that Adelaide city (along with the entire state government of SA) are offering interstate migrants already, in coming years SA could become one of the highest demand states for employment in Australia. The knock-on effect for subdued prices in Adelaide and other regional cities in SA such as Ceduna and Port Augusta is very significant, with capital growth and rental return figures alike both offering huge potential.
 
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After digging deeper to find out the areas that could be in high demand for renters in coming years, I’ve come up with a short list of towns in South Australia that are worth keeping an eye on, along with an anecdote for each of where I see the biggest potential:
<a href="/news">Coober Pedy, SA</a> This is an established town that is pretty much in the heart of the Arckaringa Basin. Already benefiting from unrelated resources-driven operations in the vicinity, Coober Pedy has the benefit of being an established town with a population of 1,700 and is full of properties on the market that offer scope for extension, room-letting and renovation. With some of these properties, there is potential to cosmetically update them to achieve greater yields in the future, along with room additions (particularly for properties that are part above-ground, part underground ‘dugout’ style). Additionally, with median buy rates being $130,000 and median rent being $255 per week, strong rental return from day one is assured.
<a href="/news">Marree, SA</a> Maree is another established town which is around 375 kilometres due east of Coober Pedy. With a 2011 census population of just 70, Marree does not seem like it has the infrastructure needed to houses resources-worker tenants, however these numbers can be deceptive as the town does indeed have hundreds of resources-industry workers residing there.
<a target="_parent" href="/news">Oodnadatta, SA</a> This town is the northern-most town of the shale rock perimeter area of the Arckaringa Basin. It has a few hundred permanent residents, most of them working in the resources sector. The town also has adequate infrastructure considering its remote location; with twice-weekly trucks delivering food, petrol, and other supplies, along with a medical clinic and general store/post office. The township is heavily involved in mining sector, though the availability of property is the problem here.
<a target="_blank" href="/news">Roxby Downs, SA</a> Property investors have already entered this town in a big way due to the existing mining dominance. This means that rental returns can be expected to be in the 7-9% range, so not as glamorous as some of the above towns. Additionally, entry points are quite high, with median house rates around the $440,000 price point. However, further future growth could be possible if the shale oil projects extend as far south as Roxby Downs.
After reading through several forums and other blogs, the general feedback of investor experience in these areas can be summarised as being:
Pro: A high-risk area, but with great capital growth potential, and solid rental return rates.
Pro: Low entry-point buy rates, coupled with all-time-low finance costs, means the properties can be paid off very quickly, and are positively geared from day one.
Con: Tenant quality is consistently poor and cannot be easily improved due to the lack of good-quality managing agents operating in that region. Some towns do not even have any estate agents, meaning your manager could be working remotely from Adelaide. This means that inspections rarely ever occur and tenant screening can be very poor/non-existent.
Con: Repairs and works come at extortionately high costs. Investors are at the mercy of potentially "dodgy" repairmen who charge hundreds and thousands of dollars above acceptable rates to repair these properties.
Cameron McEvoy is a NSW-based property investor and maintains a blog, <a href="https://propertyspectator.blogspot.com.au/" rel="nofollow" target="_blank">Property Correspondent.</a> 
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What the discovery of oil at Arckaringa Basin means for property investors: Cameron McEvoy

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<div>South Australia took the prize for the most expensive house last week with the sale of 4-6 Delamere Avenue, Netherby.</div>
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<div>Quoted between $2.65 million and $2.75 million, the 1950s house fetched $2.7 million on the weekend.</div>
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<div>Selling for just $20,000 more than 6 English Place, Kew, Victoria – the Netherby property was the highest price paid in the country last week, according to sales notified to RP Data.</div>
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<div>Listed by Harcourts Brock Williams, the four-bedroom house has a tennis court, an indoor swimming pool and consists of two titles over 2380 square metres.</div>
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<div>The house is located within walking distance to Mercedes College with close proximity to popular shopping precincts, sporting facilities and the CBD. The property last traded at $347,500 in 2000.</div>
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Most expensive sales
1. <a href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property-overview/4_delamere_avenue_netherby_sa_5062/10162069" target="_blank">4-6 Delamere Avenue, Netherby, SA, 5062</a>, four-bedroom house, sold on February 8 by Harcourts Brock Williams for $2.7 million
2. <a href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property-overview/6_english_place_kew_vic_3101/16062950" target="_blank">6 English Place, Kew, VIC, 3101</a>, four-bedroom house, sold on February 6 by Kew Main Drive for $2.68 million
3. <a href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property-overview/6_moule_avenue_brighton_vic_3186/10016736" target="_blank">6 Moule Avenue, Brighton, VIC, 3186</a>, five-bedroom house, sold at auction on February 9 by Greg Hocking City Residential for $2.55 million
4. <a href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property-overview/31_high_street_strathfield_nsw_2135/6485381" target="_blank">31 High Street, Strathfield, NSW, 2135</a>, five-bedroom house, sold at auction on February 9 by Devine Real Estate for $2.027 million
5. <a href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property-overview/102_allinga_avenue_glenunga_sa_5064/9641545" target="_blank">102 Allinga Avenue, Glenunga, SA, 5064</a>, four-bedroom house, sold at auction on February 9 by Harcourts Brock Williams for $1.91 million
6. <a href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property-overview/2_whitehall_road_kenthurst_nsw_2156/3297726" target="_blank">2 Whitehall Road, Kenthurst, NSW, 2156</a>, five-bedroom house, sold at auction on February 9 by Richardson &amp; Wrench Kenthurst for $1.79 million
7. <a href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property-overview/88_lord_street_richmond_vic_3121/12740171" target="_blank">88 Lord Street, Richmond, VIC, 3121</a>, four-bedroom house, sold at auction on February 9 by Jellis Craig Richmond for $1.61 million
8. <a href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property-overview/20_wyoming_avenue_oatlands_nsw_2117/5147198" target="_blank">20 Wyoming Avenue, Oatlands, NSW, 2117</a>, five-bedroom house, sold at auction on February 9 by McGrath Estate Agents for $1.55 million
9. <a href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property-overview/212_george_bass_drive_lilli_pilli_nsw_2536/3754046" target="_blank">212 George Bass Drive, Lilli Pilli, NSW, 2536</a>, five-bedroom house, sold prior to auction on February 9 by Elders Batemans Bay for $1.428 million
10. <a href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property-overview/82_oatley_avenue_oatley_nsw_2223/5154485" target="_blank">82 Oatley Avenue, Oatley, NSW, 2223</a>, five-bedroom house, sold at auction on February 9 by PRD Nationwide Harvey Oatley for $1.375 million
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Adelaide's Netherby takes the prize for week's top sale: RP Data 

<html><body>The Melbourne skyline is an amazing spectacle when viewed from anywhere around the city, however it becomes so much more remarkable when given the opportunity to view it from above. On the 14th of January 2013, I had this opportunity, enjoying a hot air balloon trip across the centre of Melbourne whilst also capturing its breathtaking vista's at the same time. Departing from Moorabbin, the 90 minute journey travelled through the inner suburbs of Melbourne such as South Yarra and Richmond, offering spectacular views of the Melbourne CBD, Southbank and surrounding areas, before landing perfectly at Essendon Airport. Below are a collection of images taken from the hot air balloon journey, highlighting the magnificent city of Melbourne.</body></html>

melbournee12

Melbourne by Balloon

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The Gold Coast home of international footballer Craig Moore has been sold for $1.9 million.
It's the property he built on Hope Island. The 1,006-square-metre property, which has direct access to the broadwater, has a pontoon for a large boat.
It also features a games room with a built-in bar, an outdoor kitchen and 12-metre pool with a spa. The house was sold to a Gold Coast couple who have lived in the Hope Island area previously and wanted to move back there from The Sovereign Islands.
Moore captained Australia’s Olympic soccer team in 2004 and played with the Socceroos in the 2006 and 2010 World Cups.
His five-bedroom waterfront home had been tipped by its <a href="https://www.mcgrath.com.au/buy/house-hope-island-qld-4212/171809/?searchID=25664384" target="_blank">McGrath listing agent Philip Chillemi </a>to sell for between $1.6 to $2 million.
Chillemi said there was wide interest in the house, with potential buyers from both interstate and overseas. After about 50 people went through the house during open for inspections, there were four bidders at the auction. The house was sold to a Gold Coast couple, who have previously lived in the Hope Island area previously and wanted to move back there from The Sovereign Islands.
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