<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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Peter Bushby has been elected the new president of the Real Estate Institute of Australia, replacing Pamela Bennett.
Bushby began his career in real estate in 1972 and has worked in the northern Tasmanian market of greater Launceston for the past 40 years.
He was a partner in Bushby First National and opened his own real estate agency in 1997.
Responding to October housing data, Bushby says the RBA’s recent cash rate cut last week was justified, and that there has been a modest housing market response to previous cuts.
“In trend terms, increases were recorded in all states and territories except the Australian Capital Territory, which remained flat. The largest increase was in the Northern Territory, up 3% in trend terms,” Bushby says.
He also called on the RBA to further cut rates in early 2013.
“The RBA’s rate reduction in December was justified. With inflation within the RBA’s target zone, I hope they act in the interest of home owners with an early 2013 reduction. That would certainly make it a happy new year,” he says.
Bushby has been a member of the Real Estate Institute of Tasmania state executive since 2003 and was the REIT’s president from 2007 to 2010. He is also an associate and fellow member of the Real Estate Institute of Australia.
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Peter Bushby elected REIA president

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Sydney vendors' continued last-minute rush to sell before Christmas paid off with a strong boost in the clearance rate over the initial December weekend clearance rate slump. There were 632 scheduled auctions across Sydney on the weekend, with results of 459 tabulated.
"Sydney housing market bounced back with an auction clearance rate of 61.7% from the highest number of properties offered so far this spring," Dr Andrew Wilson, senior economist for Australian Property Monitors noted.
There was a 51.3% clearance rate in the prior weekend across Sydney, after an initial result put at 54%.
Wilson blamed the volatility in Sydney on the prestige market, saying the middle to low end of the market had “held up consistently throughout the year”.
In Melbourne the auction clearance rate sat at 60% from 875 reported auctions. The results of a further 94 auctions are yet to be reported. Last week's 60% rate fell to 59% after late results were counted.
The REIV expects about 920 auctions next weekend and about 120 in the week before Christmas, many of them mid-week twilight auctions. Melbourne's overall auction clearance rate is expectetrek conclude at 61% for 2012, two points higher than 2011, but five points lower than the long-term 30-year average of 66%, according to the REIV.
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Weekend auctions bring Sydney comeback while Melbourne remains steady

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The son of Melbourne’s former lord mayor John So, John So Jnr, reportedly spent $2.21 million at weekend auction on two double-storey Victorian terrace houses combined into a single property on William Street in West Melbourne (pictured below).
<img width="470" src="/images/stories/2012/12/johnso.jpg">
The combined seven-bedroom ornate Victorian terrace came with mixed-use zoning. Set overlooking William Street gardens, it sold through Hocking Stuart agents Kim Shannon and Trevor Gangem who had $2 million-plus expectations.
The <a target="_blank" href="https://www.realcommercial.com.au/property-other-vic-west+melbourne-5379026">474-476 William Street </a>land area was 421 square metres. It last sold at $1.6 million in 2008 when bought by Mark Fraser, the chairman of auction house Bonhams.
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 John So Jnr snaps up West Melbourne mixed-use terrace offering

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Located in the historical Segenhoe Valley of the Upper Hunter Region, Brooklyn Lodge, a landmark boutique broodmare stud farm renowned for the breeding of high-class racehorses, has been listed for sale..
It's located directly next to the Darley operation of Sheik Mohammed al-Maktoum, Crown Prince of Dubai.
The property comprises 963 acres including 400 acres of undulating irrigated post and rail horse paddocks. There's a further 350 acres of similar arable loam country, which lends itself to development. There is also 25 acres of alluvial river flats under irrigation and used for lucerne production are situated on the Hunter River, and 188 acres of the property is primarily hilly grazing country.
The Hunter River flows alongside the 388-hectare property, which last changed hands in 1999.
Behind Kentucky, the Hunter is home to the second-largest concentration of thoroughbred breeding studs in the world, with more than 100 stallion and broodmare farms.
The Rouchel Road, Aberdeen, buildings completed in the early 2000s are the work of equine architect John Ladd-Hudson.
The stud farm boasts a 20-box stable barn fully rubber lined, air-conditioned foaling unit also fully rubber lined, night watch facilities, lunging ring, parade ring, feed sheds with silos, quarantine facilities and an administration centre.
Throughout the farm’s history, Brooklyn Lodge has produced many successful racehorses, winning premier Group 1 races like the STC Golden Slipper, VRC Crown Oaks, MVRC Cox Plate and many other stakes races.
Brooklyn Lodge dispersed some of its Australian bloodstock interests at weekend auction at Newmarket in Sydney. Brooklyn Lodge offered nine entries with prices between $500 and $130,000 at the Inglis sale. The Best Western Group, owned by a Chinese family, is diversifying itself of most of its Australian bloodstock assets.
"The sale of Brooklyn Lodge provides a rare opportunity to purchase a quality horse farm with size, scope and uncapped potential. Suited for use as a stallion station, broodmare or spelling farm, Brooklyn Lodge is a must to inspect for those looking to expand, or establish a foothold in the heart of thoroughbred country," says Michael Burke, the MacCallum Inglis Scone listing agent.
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Upper Hunter Valley's Brooklyn Lodge horse stud listed with $12.5 million expectations

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If you fancy lounging in a 29-degree heated beachfront pool these summer holidays, Nautica at Palm Beach on the Gold Coast ought to be yours for $20,230 a week.
However, its availability is confined to the week before Christmas or over the Australia Day long weekend in January at $1,490 a night.
Located at 129 Jefferson Lane, <a target="_blank" href="/news">Palm Beach</a>, Queensland, the $6 million property has been featured on Channel 9’s A Current Affair and Channel 7’s Sunrise and has been voted as one of the country's best in the Australian Traveller Magazine.
<img src="/images/stories/2012/12/nautica2.jpg">
Apparently Jefferson Lane is a magnet for families, movie/sports stars, business leaders and heads of state.
With five bedrooms spread out on the four-storeys, <a href="https://www.dreamholidayhomes.com.au/rates-and-bookings" target="_blank">you and nine friends can stay here for a minimum of four nights</a>.
The contemporary design boasts 180-degree uninterrupted sea views and has a four-floor elevator.
A night between Sunday and Thursday will cost $2,890 but almost quadruples to $11,560 a night if you opt for a Friday or Saturday.
<a href="https://www.youtube.com/watch?v=e6Fz9j-ZUpY" target="_blank">Nautica</a> last sold in 2007 for $2.9 million after being listed for 337 days.
It's been built as part of the luxury homes rental division of entrepreneur Kym Illman, the managing director of The Message Group.
He is a leader in <a href="https://www.youtube.com/watch?v=Hwk2NXI8gd0" target="_blank">marketeering</a>.
 
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Countdown to summer: Kym Illman's Nautica at Palm Beach on the Gold Coast

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Chateau Le Marais, situated 300 kilometres north of Sydney on Wallis Island, has been listed for sale.
It's an imposing neo-classical five-bedroom residence built of stone masonry on its 105-hectare estate.
<a href="https://www.harcourts.com.au/Property/426358/NCD2565/Sydney" target="_blank">Le Marais</a>, which comes with a 1.5-kilometre beach, is set with an orchard and botanical gardens.
There's also a savanna, and dry and sub-tropical forest, fringed by three ponds, two lagoons and wetlands.
There are deer that can be observed or hunted across the mid-north coast property.
Harcourts Chatswood agent Andrew Huang has the five-bedroom, seven-bathroom listing. The weekend classified paper gave its asking price as in the realm of $20 million.
Former Queen Street, <a href="/news">Woollahra</a>, antique dealers Andre and Cecile Fink appear to have offered the mansion for sale without furniture.
It's been their labour of love for 15 years, seemingly taking some inspiration from <a href="https://www.chateaudumarais.com/" target="_blank">Le Chateau du Marias</a>, the late 18th-century French castle that replaced the Huraults’ castle, of which nothing remains but the moats and the dungeon on the Marais. Henri Hurault was count of Cheverny and the military treasurer of King Louis XI.
The Wallis Island land cost $290,000 in 1996.
Elsewhere on the island, a 143-hectare parcel of land and an airstrip has been listed for sale. The north-facing site with wharf is surrounded by water and bushland.
It features a 1,500-metre long airstrip and hangar.
"I think it's everybody's dream to own their own private getaway, and this is one with its own airstrip no less," says Godfrey Franz at Matrix Property Group, the marketing agents for the island.
Although the private sanctuary has a master plan concept for a total of seven waterfront residential holdings. Some 87.9 hectares of land and 4.9 hectares of foreshore are zoned to be given back to the community to establish public amenity in the area.
Matrix Property is the marketing agency for the property in conjunction with Ray White Forster.
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Chateau Le Marais, the Fink family's Wallis Island $20 million mansion listing

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Promoted by its listing agents as packed with possibilities, the almost nondescript Concord cottage that's been home to the Packed to the Rafters clan on the Channel 7 series was passed in at weekend auction.

The three-bedroom Sydney inner-west house, which has been leased for several years by Channel 7, passed in on a $1.2 million vendor bid after proceedings began at $1 million.

It last sold for $1 million in 2006.

But Riverview Street, <a href="/news">Concord</a>, isn't yet the equivalent of Melbourne's Ramsay Street.

Obviously fans drive by to see what is going on, but not with the force of international numbers that accompany the Neighbours location in <a href="/news">Vermont South</a>'s Pin Oak Court.

Packed To The Rafters premiered on Seven in August 2008 and has often been the Tuesday night highest rating show.

With its television future subject to speculation, the keenest weekend auction party wants to <a href="https://www.realestate.com.au/property-house-nsw-concord-112185419" target="_blank">bulldoze the Californian bungalow</a> and replace it with something contemporary.

The series follows the lives and challenges confronting the Rafter family, headed  by the parents Julie (Rebecca Gibney) and Dave (Erik Thomson).

<div class="story-promo story-promo-middle">[smartcode_project:default project_id=32227]</div>

Ready to become "empty-nesters'' after 25 years of marriage, the couple are forced to put their plans on hold when their two eldest children – Rachel (Jessica Marais) and Nathan (Angus McLaren) – move home.

Their youngest son, Ben (Hugh Sheridan), rented the nominal home next door with housemates Nick (George Houvardas) and Melissa (Zoe Ventoura),where there are the replicas of their houses.

Seven initially took a three-year rental on the Rafter family home on Riverview Street and kept it vacant. Title Tattle recalls its 2008 asking rental was $600 a week through Dean Kalos Real Estate.

The small rustic home has been freshly painted and the grass is fake – so that it always looks green.

It was offered for sale through Time Realty Five Dock agents Adam Scappatura and Frank Settineri.
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Concord's Packed to the Rafters house fails to sell

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For many businesses 2013 will go down as a complete disaster – the disaster is actually their business model, not the markets. The question that businesses need to face is a simple one: face the truth and then dare to be different.
Next year will identify market shifts from the previously dominant print advertising market to online advertising marketing campaigns. <a target="_blank" href="https://www.smh.com.au/technology/technology-news/internet-use-rockets-as-australians-dependence-grows-20121206-2ax3g" title="Internet use rockets as Australians’ dependence grows">Internet use rockets as Australians’ dependence grows</a> – Australians, it seems, are increasingly addicted to the internet: a report from the communications regulator shows we are sucking down hundreds of thousands of terabytes more than we were a year ago. In the year to June 30, 2012, Australians downloaded 421,147 terabytes of data, an increase of 52%, while total internet subscribers increased to 28.23 million. Nearly half of us (10.8 million) are going online at least once a day, and the typical Aussie spends 82 hours a month on the internet.
Follow the bouncing eyeballs, where <a target="_blank" href="https://www.smh.com.au/business/online-shopping-costs-thousands-of-jobs-says-retailer-20121204-2at82" title="online shopping costs thousands of jobs, says retailer ">online shopping costs thousands of jobs, says retailer, </a>which is directed at the Gillard government’s decision – <a target="_blank" href="https://www.brisbanetimes.com.au/opinion/political-news/threshold-for-online-goods-stays-20121203-2ar4m" title="Government rules out immediate cut to GST on online purchases.">Government rules out immediate cut to GST on online purchases.</a> At some point in time this will come to fruition given approximately 58 million online purchases each year take advantage of this GST loophole. Given it is an election year in 2013 watch for a major backflip on this decision to grab the small business vote.
Should businesses not have a reinvigorated online marketing platform strategy in place for 2013 it will be yet another dismal year to such an extent by this time next year in all probability their doors won’t be open. In 2013, Richardson &amp; Wrench Mosman &amp; Neutral Bay (RWM) will be rolling out our <a target="_blank" href="https://www.rwm.com.au/" title="Mosman.tv">Mosman.tv</a> site as well as <a target="_blank" href="https://www.rwm.com.au/" title="Cremorne.tv ">Cremorne.tv </a>and <a target="_blank" href="https://www.rwm.com.au/" title="Neutral Bay.tv">Neutral Bay.tv</a> online platforms. Some years ago, we acquired these URLs with the knowledge when online evolves these platforms would be the next must have online positions.
<a target="_blank" href="https://www.rba.gov.au/speeches/2012/sp-dg-051212" title="What is Normal?">What is Normal?</a> a very good question given so many businesses are struggling in the “new normal” ? This can be addressed quite simply: truth or dare! Australia’s markets have moved to the online models. Real estate markets are struggling simply because the property pie is getting smaller as fewer transactions are being recorded given the high cost of moving. Last week, we noted that apartment sales in Mosman have reduced by 22% when compared with 2011. <a target="_blank" href="https://www.propertyobserver.com.au/residential/wednesday-catherine-cashmore/2012120458282" title="Real estate agents doing it tough amid economic woes and vendor – led marketing alternatives: ">Real estate agents doing it tough amid economic woes and vendor – led marketing alternatives: </a>this reality being that real estate agents and agencies simply don’t understand or comprehend this “new normal”.
Click to enlarge
<a href="/images/stories/2012/12/rpdec3.jpg" rel="shadowbox" title="Click to enlarge"><img src="/images/stories/2012/12/rpdec3thumb.jpg"></a>
<a href="/images/stories/2012/12/rpdec31.gif" rel="shadowbox" title="Click to enlarge"><img src="/images/stories/2012/12/rpdec31thumb.gif"></a>
<a href="/images/stories/2012/12/rpdec32.gif" rel="shadowbox" title="Click to enlarge"><img src="/images/stories/2012/12/rpdec32thumb.gif"></a>
We have <a target="_blank" href="https://www.smh.com.au/business/property/house-prices-on-bumpy-road-of-recovery-20121203-2apzv" title="house prices on bumpy road to recovery">house prices on bumpy road to recovery</a> although it is important to note that top-end markets are now being valued at 2004 base dates. Property markets are simply being recalibrated given the dominance of investment bankers who drove top-end property values from 2004 – 2008. They, like the property values, are no longer there today and are being substituted by the new market, that being Chinese investors. Fascinating how property markets change and evolve. Once upon a time home buyers struggled to compete with property developers (now extinct), then it was merchant bankers (now fighting for survival), where today the fastest growing market is the Chinese buyer demographic.
Robert Simeon is a director of <a title="RWM" href="https://www.rwm.com.au/" target="_blank">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 title="Virtual Realty News" href="https://www.rwm.com.au/news/" target="_blank">Virtual Realty News</a> since 2000. The RWM real estate model has sold in excess of $1 billion in database sales globally.
<div> </div>
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Real estate businesses must dare to be different or perish in 2013

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Campanui, the Romsey Road, Woodend, property of the late publicist Suzie Howie has been listed for December 15 auction.
<img src="/images/stories/2012/12/campanui.jpg">
Its a 1930s cottage on 4050 square metres with views of Mount Macedon.
The three bedroom house comes with an open fireplace in the sitting room, plus a country-style kitchen and meals area.
John Keating of Keating's Real Estate will auction <a target="_blank" href="https://www.realestateview.com.au/Real-Estate/8-romsey-road-woodend/Property-Details-buy-residential-4724019">the property</a> with a disclosed $685,000 reserve price on behalf of her husband, Paul Taylor.
The couple recently sold their Marina Terraces, Port Douglas unit for $267,500 to the Papasoulis family of Prahran.
 
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Campanui, Suzie Howie's Woodend retreat, listed for December 15 auction 

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Collapsed Victorian non-bank lender Banksia Securities Limited may have traded and written new loans whilst insolvent, according to a creditors report from receivers McGrath Nicol, which attributes its collapse in part to high-risk loans secured against rural property and land that had not received development approval.
The report paints a picture of a poorly managed business, which at the time of its collapse had an equity to debt ratio of just 3.5%, around $146 million of loans in arrears, but was still writing new loans up until the end of September.
The non-bank lender was profitable in the past three years – though profits had declined from $2.8 million in 2010 to $881,000 in 2012 - but it had underestimated bad debts by about $34 million.
The receivers have made their first distribution to debenture holders representing 20 cents for every dollar invested and have estimated a total repayment to debenture holders of between 50 and 65 cents in the dollar.
The first distribution was made from cash holdings of around $136 million.
A second distribution of between 5 cents and 10 cents in the dollar is expected to be repaid by June 30.
<a target="_blank" href="https://www.propertyobserver.com.au/industry-news/victorian-non-bank-lender-banksia-securities-collapses/2012102657456">Banksia, incorporated in 1968 collapsed in October</a> putting $660 million of small investor debenture funds at risk.
Over 16,000 small investors invested in Banksia’s fixed interest debenture funds.
The receivers report that due to a current lack of liquid assets they can make no immediate repayments to investors in a smaller Banksia-managed fund, Cherry Fund Limited, which began in 2003 and raised $10 million, but estimate a future return of 55 cents to 70 cents in the dollar.
“From our analysis of Banksia’s loan book…it is clear that the company is insolvent and may have been insolvent for some time prior to our appointment,” report McGrath Nicol joint receivers Tony McGrath, Joseph Hayes, Matthew Caddy and Robert Kirman.
They add that Banksia was “thinly capitalised throughout the period examined with an equity ratio of approximately 3.5%” and was exposed to “immediate solvency concerns in the event of even minor losses on its loan portfolio”.
The report notes that there was a “decrease in cash from 30 June 2012 to 30 September 2012” due to Banksia advancing funds to third party borrowers as loans (increasing its loans receivable)”.
“These loans were made in the ordinary course of business” with the report noting that while Banksia raised much of its money through its nine office regional Victoria branch network, it used mortgage brokers to source borrowers throughout Australia.
At the same time as Banksia was advancing loans, the report notes that “in broad terms if more than 3.5% of total assets were unrealisable as at 30 September 2012, the company would have insufficient resources to meet its total obligations to debenture holders”.
Among the matters being investigated by McGrath Nicol receivers is whether the directors traded the companies at a time when they were insolvent or likely to become insolvent; whether there were any uncommercial transactions entered into with related or unrelated parties; and whether company directors and officers complied with their statutory obligations “to exercise care and diligence, discharge duties in good faith and avoid conflicts of interest”.
The receivers report that at the time of their appointment, Banksia’s main asset was its loan portfolio totalling approximately $527 million.
This consisted of a portfolio of 956 loans made to third party borrowers throughout Australia and being generally secured by first ranking real property mortgages.
The bulk of the lending was done in Victoria ($260 million, 548) followed by NSW ($167 million, 243 loans), South Australia ($50 million, 94 loans) and Queensland ($48 million, 56 loans).
Just over a quarter (28%) of loans in the Banksia portfolio were in arrears with 6% of loans in the Cherry Fund portfolio also arrears.
However, the receivers note that while the remainder of the companies’ loan books are classified as performing, “we understand that a number of loans are subject to capitalised interest (or interest funded with the facility)”.
“Once capitalised facilities are fully expended, this may lead to further loans entering into arrear.”
The receivers attribute the collapse of the non-bank lender as due to relatively high risk lending to borrowers where the underlying security property is “in a rural or regional location (where the general decline in the domestic property market has been most significant)”.
In addition, loans were advanced for vacant land that in some cases had not yet received development approval and so did not generate an income stream to support interest/loan repayments.
Other reasons for its collapse were high levels of loan arrears (around $146 million), a substantial number of mortgagee in possession properties (around $112 million), low equity levels as well as global credit and property market conditions making it harder for borrowers to refinance upon maturity of their loans.
The receivers will hold an information session for debenture holders in Kyabram, Shepparton and Ballarat on Friday (December 14).
Debenture holders need to register their interest in attending by calling 1800 722 079.
The information sessions will also be webcast on the McGrathNicol (www.mcgrathnicol.com) and BSL (www.banksiagroup.com.au) websites.
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