<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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<img src="/images/stories/flagtitletat.jpg" style="margin: 5px; float: left;">
The much-admired 1904 Nyrang Homestead at Molong has been listed for sale with $1.5 million hopes.
Regarded as one of the finest examples of Australian architecture and construction, it's a 34-room, 120-square (1,116-square metre) mansion built of bluestone that was hand-cut on the property west of Orange.
<img src="/images/stories/2012/11/molong.jpg">
It was built for the Kater pastoralist family, with Mount Canobolas forming the backdrop for views from its veranda in the hamlet of Borenore.
Nyrang was once a 6,000-acre sheep-grazing property on some of the richest soil on the western side of the Great Divide.
The <a target="_blank" href="https://www.williamsmachin.com.au/Real-Estate-Search/Rural-Real-Estate?id=ORR138&amp;lid=1953&amp;page-type=detail-rural">12-bedroom house </a> has polished floorboards, high ceilings, 14 fireplaces and stained glass windows. It was the work of craftsmen who built the gracious asymmetrical bungalow in the classical revivalism style of the period possibly to a design by Cyril Blacket, son of the architect Edmund Blacket.
<img src="/images/stories/2012/11/peabody4.jpg">
There's a school house restored for guest accommodation and a workmans cottage.
The Urbanski family bought it in the mid-1990s purchase and turned the house into <a target="_blank" href="https://www.nyranghomestead.com.au/">high-class heritage bed-and-breakfast accommodation</a> with oversite by Stephen Sykes, the onetime chair of Central NSW Tourism. It's offered as an "early Australian homestead experience." 
<img src="/images/stories/2012/11/peabody6.jpg">
Its grounds also comes with five hectares of productive vineyard given water from Boree Creek. It has plantings of shiraz, cabernet sauvignon, ruby cabernet, sauvignon blanc, merlot, chardonnay, pinot noir and sangiovese. The eight-variety vineyard has the wine label, Barton Creek.
There's old stables and a shearing shed on the 60 hectare holding.
There are 40 acres of creek flats suitable for lucerne. Tenders close late January 2013 with Jim Oates at First National Williams Machin Orange .
The property's original demolished homestead was built for Robert and Emily Barton, the setting for the marriage in 1863 of their daughter Rose Isabella Barton and Andrew Bogle Paterson.
 The son they had the following year, Andrew Barton (Banjo) Paterson, who went on to write some of our best-loved ballads like Waltzing Matilda, The Man From Snowy River and Clancy Of The Overflow.
<img src="/images/stories/2012/11/peabody8.jpg">
Together with the adjacent Boree Cabonne property, Nyrang was regarded at the time as one of the best sheep stations in the colony.
It changed hands in 1865 with John Smith of Gamboola, Molong, buying 17,000 acres (6,880 hectares) of the original 66,560-acre holding.
His eldest son controlled it until 1900 when 6000 acres of Boree Nyrang was sold to Sir Norman Kater MLC, who built the present Nyrang homestead in 1904.
The Katers sold in 1918 to George Rutherford, the son of James Rutherford, who expanded the Cobb &amp; Co stagecoach company throughout Australia.
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jchancellor-FAypfDUnLy

Nyrang Homestead, the much-admired Molong property, listed for sale

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The Victorian Baillieu government is drawing up plans for the future of Melbourne. 
And it’s got quite a task ahead, as Melbourne's population is expected to increase by half again from the current 4.1 million. This means an extra 2 million residents in less than 40 years.
This influx is sobering when you consider the amount of infrastructure required to support that many new inhabitants.
A planning report, Planning for Community Infrastructure in Growth Areas, has revealed we’ll need eight new hospitals, 67 secondary schools, 125 new maternal and child health centres and 222 kindergartens by 2050 to cater for Melbourne's booming population.
Melbourne today
 There are just over 4.1 million people living in Melbourne today, and its population is projected to grow by about 65,000 new residents each year over the next decade.
Currently there are 1.63 million private dwellings in Melbourne, of which about 15% are apartments. Over 70% of Melburnians own their own homes, with almost half of these owning their homes outright (with no mortgage.)
While on average there are 2.6 people per dwelling, almost one-quarter of the city’s residents live alone.  In fact less than half of Melbourne’s homes have children living in them.
What about the future?
 These figure suggest we’re going to need around 760,000 new dwellings built in Melbourne in less than 40 years, of which close to 250,000 could be apartments.
Our changing lifestyles mean more Victorians are going to trade their quarter-acre block for a balcony and the percentage of apartments in Melbourne is likely to grow closer to 30%.  As a point of comparison, currently 25% of all dwellings in Sydney are apartments.
We already know that Melbourne has been voted as one of the world’s most liveable cities, but in order to maintain this mantle our federal and state governments as well as local councils will have an important role to play by investing in key infrastructure in a timely manner.
Melbourne will start to look like many other large international cities, with high-rise apartment building dotting the landscape.
What does this mean for property investors?
 Melbourne’s strong population growth, together with the increasing affluence of its residents, coupled with the fact that many of them will want to live in the same suburbs close to where all the action is, will ensure the value of well-located properties will keep increasing over the long term. 
The trick will be to own the type of property that will be in continuous strong demand by a large demographic of these new residents, and for many, this is likely to be well-located apartments.
Michael Yardney is a director of <a href="https://www.metropole.com.au/">Metropole Property Strategists</a>, which creates wealth for its clients through independent, unbiased property advice and advocacy. He is best-selling author, one of Australia's leading experts in wealth creation through property and writes the <a href="https://propertyupdate.com.au/category/property-investment/">Property Investment Update</a> blog. Subscribe today and you'll receive a free video, The Golden Rules of Property Investment.
 
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myardney-DFoGhGbSJX

What kind of property you should invest in as Melbourne grows by 2 million people

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{qtube vid:=bMfBjqsOdK8&amp;feature=plcp}
In our Purchase of Pass segment this week, Chris Gray is joined by John Edwards, CEO of Residex, to look at multiple properties on a single title.
<img src="/images/stories/2012/11/pptriplex.jpg">
Is buying a single property with multiple streams of income a good investment strategy, or are there some downsides that you might not be aware of?
This <a target="_blank" href="/news">Bondi Beach </a>property consists of a three-bedroom, two-bedroom and a one-bedroom unit in a converted house style property with double frontage. It’s 6.9 kilometres from the city and one kilometre from the action. The property has recently been renovated and receives $2,200 per week rent and it has an asking price of $1.5 million plus.
Chris Gray: John, what’s the main attraction of going for a property with multiple streams of income on the one title?
John Edwards: What this is all about is the yield that's available, and the yield is very attractive. I had a look at this particular property on the internet, and I was a little bit, frankly, disturbed by it. There looked to me to be some inherent problems with it. I also had a question whether it was, in fact, approved by council, and that's something that everybody ought to consider very carefully. Then I looked at the structure of it all and can see some cracking above some windows and some other things, and so I was a little concerned about the property. Would the rate of return really be there once I fixed it up, and would I be really able to rent it out as it currently was and get the income stream? If I couldn't, I wouldn't think it is worth $1.5 million. There are a couple of lessons in that: you need to check your council, and make sure the building is really sound. Remember one other thing: unless you can strata this, you're not going to get the capital growth out of it that you really ought to get.
Chris Gray: Because ultimately you can't sell it.
John Edwards: Absolutely. And there are rules with regard to strata-ing that you  have to remember. I didn't think this particular property was strata-able at the end of the day. I was a bit concerned about its structure. I loved its return, however, I passed.
Chris Gray: Typically with niche properties, is it something that might get capital growth, or is it a function of that particular property?
John Edwards: Capital growth is a function of demand, and by definition, for a niche property the number of people who are going to look at it or bid for it is smaller. You are unlikely to get the same level  of capital growth out of it. These properties are return properties. Make sure you get a sufficient return to account for the fact that your capital growth is going to be less.
Chris Gray: Certainly the other downside you've got to think of is quite often the banks will treat these as commercial, so they might only lend 70% and there might be higher interest rates as well. This is not an investment for the everyday investor and will only suit a certain type of person that has extra cash for deposit and who wants a higher yield as well as some growth. It’s a fantastic yield in an ok area of a great suburb, so for some diversification I would purchase, subject to checking out some comparable sales to confirm price.
Chris Gray is a buyer’s agent at <a href="https://www.yourempire.com.au/">Empire</a>. He is host of Your Property Empire on Fridays on the Sky News Business Channel.
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chrisgray-pn7di3ceFk

Purchase or Pass? A one-title triplex Bondi Beach offering

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The Gold Coast waterfront home of Gary Diamond has sold at mortgagee auction after his Pets Paradise businesses went into receivership in July.
The Paradise Waters property, with 20 metres of water frontage and its own beach, fetched $1.74 million among the 12 sales totalling $9.7 million at today’s Ray White Surfers Paradise auction.
<img src="/images/stories/2012/11/petsparadise.jpg">
Some 16 residential properties were offered under the hammer in front of 81 registered bidders, reflecting a clearance rate of 75%.
<a target="_blank" href="https://www.michaelwillems.com.au/pol/property/search.asp?f_propertyID=1949432&amp;xsl=2611&amp;f_st=1&amp;f_ct=1,2,3,4&amp;f_ps=2">Ray White Prestige Gold Coast </a>agent Robert Graham and Michael Willems sold Diamond's four-bedroom Admiralty Drive mansion.
It had been briefly listed last year and for an extended period in 2009 through the Lucy Cole agency. It had $3.75 million expectations on its initial 2008 listing.
<img src="/images/stories/2012/11/petsparadise2.jpg">
PPB Advisory's David Leigh and Grant Sparks, the receivers, sold the house to recoup some of the estimated $11 million owed to Bank of Queensland.
Diamond bought the 733-square-metre block for $2 million in 2006 before commissioning the house, which was finished two years later.
Ray White Surfers Paradise Group chief Andrew Bell said buyer activity was "continuing to strengthen across the property spectrum and buyers are identifying unrivalled value in Gold Coast property.”
“We are now feeling the effects of this year’s interest rate drops and this is adding to the perception buyers should get into the market.
“This was evidenced today, in what was a very active auction room – competition amongst buyers is certainly on the increase,” Bell said.
RWSP Group will hold its final residential and commercial auction for 2012 on December 13 and its annual two-day auction showcase, The Event, on January 27 and 31 next year.
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Pets Paradise boss Gary Diamond's Gold Coast house sold

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Ben Graham, the former Geelong  AFL player, has taken another shot at selling Raasay, his house in the leafy Melbourne suburb of Canterbury. It's listed for December 8 auction.
The former Geelong captain and the first Australian to play in the NFL Super Bowl in the US expects more than $3?million.
The 1900s <a target="_blank" href="/news">Canterbury </a>residence, set on a 1,945-square-metre block, features an Art Nouveau veranda with timber fretwork. Inside there are ceiling roses and Wunderlich ceilings.
It has been listed through Marshall White agent Joe?Muinos and James Tostevin, having last traded at $2.45 million in 2006 with its classic William Morris wallpaper. It was previously for sale through Kay &amp; Burton.
Graham played for the Geelong team for 11 years before departing to the US, where he played in the National Football League in 2005 as a punter. He has since played for the New York Jets, New Orleans Saints, Arizona Cardinals and, more recently, the Detroit Lions.
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Former Cat Ben Graham takes another punt at selling his Canterbury house

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<h3>Top 50 areas in Australia by annual income</h3>
Toorak residents recorded the highest average income in Australia in 2009-10, according to<a href="https://www.propertyobserver.com.au/australian-capital-territory/australia-s-highest-income-suburbs-revealed-toorak-tops-the-list-followed-by-double-bay-bellevue-hill/2012112858152?utm_source=po&amp;utm_medium=aida&amp;utm_campaign=news" target="_blank"> figures released </a>by the Australian Bureau of Statistics (ABS) with an average $132,252 income.
<table style="width: 528px;" border="0" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Toorak</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
VIC
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$132,252
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Double Bay</a> - <a target="_blank" href="/news">Bellevue Hill</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
NSW
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$129,116
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Mosman</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
NSW
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$126,956
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Hunters Hill</a> - <a target="_blank" href="/news">Woolwich</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
NSW
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$123,869
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Woollahra</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
NSW
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$120,199
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Dover Heights</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
NSW
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$115,387
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Rose Bay</a> - <a target="_blank" href="/news">Vaucluse</a> - <a target="_blank" href="/news">Watsons Bay</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
NSW
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$115,148
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Cottesloe</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
NSW
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$113,892
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Nedlands</a> - <a target="_blank" href="/news">Dalkeith</a> - <a target="_blank" href="/news">Crawley</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
WA
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$106,981
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">City Beach</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
WA
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$102,971
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Willoughby</a> - <a target="_blank" href="/news">Castle Cove</a> - <a target="_blank" href="/news">Northbridge</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
NSW
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$102,791
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Brighton </a>(Vic.)
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
VIC
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$101,776
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Paddington</a> - <a target="_blank" href="/news">Moore Park</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
NSW
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$100,337
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Mosman Park</a> - <a target="_blank" href="/news">Peppermint Grove</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
WA
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$99,609
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Balmain</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
NSW
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$98,734
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Lindfield </a>- <a href="/news">Roseville</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
NSW
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$97,633
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">North Sydney</a> - <a target="_blank" href="/news">Lavender Bay</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
NSW
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$97,038
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">East Melbourne</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
VIC
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$95,349
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Gordon</a> - <a target="_blank" href="/news">Killara</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
NSW
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$94,339
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Albert Park</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
VIC
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$91,871
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Ascot</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
WA
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$90,945
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Hamilton</a> (Qld)
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
QLD
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$90,900
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Claremont </a>(WA)
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
WA
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$90,534
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a href="/news">Swanbourne</a> - <a target="_blank" href="/news">Mount Claremont</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
WA
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$90,517
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Armadale</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
VIC
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$89,534
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Cremorne</a> - <a target="_blank" href="/news">Cammeray</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
NSW
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$88,512
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Terrey Hills</a> - <a target="_blank" href="/news">Duffys Forest</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
NSW
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$87,676
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Red Hill</a> (ACT)
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
ACT
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$87,496
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Forrest</a>
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
ACT
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$87,488
</td>
</tr>
<tr>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
<a target="_blank" href="/news">Griffith </a>(ACT)
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
ACT
</td>
<td style="background-color: #caffff; width: 200px; border: #009894 1px solid;" valign="bottom">
$87,473
</td>
</tr>
</tbody></table>
Source ABS, ATO</body></html>

Australia's 50 highest income earning suburbs

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Freemasons Victoria has appointed Mirvac Group to redevelop its East Melbourne Masonic Centre of Victoria.
Occupying the north-west corner of the site on the prominent Victoria Parade frontage, it will come with 250 new residential dwellings in a mix of one, two and three bedroom apartments.
<img src="/images/stories/2012/11/freemasons.jpg">
The redevelopment is anticipated to include new state of the art Masonic facilities to cater for Lodges and the organisation’s secretariat.
Changes to the site are not expected to take place for at least 12 to 18 months.
The Grand Master of Freemasons Victoria, Bob Jones said the redevelopment was subject to members’ ratification and planning approvals and that should the decision be ratified by members of Freemasons Victoria on December 19.
Its a Bates Smart designed project that will replace the exisiting Dallas Brooks Hall which is imposing a heavy burden on the state's 149 lodges.
The 2500-seat auditorium has hosted countless performances since built in 1967.
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Freemasons Victoria appoint Mirvac to redevelop Dallas Brooks Hall site

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The troubled Equititrust's Wirrina Cove in South Australia is on the market again under instructions from David Whyte of BDO.
The resort, conference centre and surrounding land on South Australia’s Fleurieu Peninsula, 75 minutes south of Adelaide.
The 485-hectare property includes 89 hotel rooms, a convention centre, a golf course and a caravan park.
Other facilities include a restaurant, bar, café and a swimming pool.
Karen Seeto of Ray White Commercial is coordinating the sale in conjunction with Ray White Hotels, Ray White Marines, Ray White Mt Barker and Century 21 Normanville.
“This is the first time the whole complex has been offered to the market in separate titles and at the same time on behalf of the mortgagee,” says Seeto.
Also on offer are 76 residential land lots with settlements of up to 12 months available.
Some 100 long-term sub-leases of up to 35 years are also available for the marina.
Wirrina Cove Resort is still acting as a conference centre, hosting a number of state government events during 2013.
“The situation at the resort is encouraging and continues to improve on an ongoing basis,” says Keeto.
Recent court proceedings indicated it was cost $35,000 a week to keep the resort open.
Wirrina Cove is being offered through expression of interest, and offers close December 19.
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Equititrust's Wirrina Cove, South Australia, on the market under instructions

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The founder of the collapsed Gold Coast lender Equititrust, Mark McIvor is now bankrupt.

The Federal Magistrates Court, Brisbane ruling ordered the sequestration against Mark McIvor’s remaining estate.
It ruled the bankruptcy effective from October 22.
Mark McIvor was bankrupted by his former long-term lawyer and confidante, David Tucker, who once served on the board of Equititrust, over unpaid legal bills.
About 1400 investors lost all or part of their savings when the $260 million fund collapased.
His private assets, both residential and commercial, have been randomly sold off by mortgagees.
Its included his Cronin Island, Gold Coast place of residence and a house in Double Bay. 
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Equititrust's Mark McIvor bankrupt

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The author Linda Wilde, who listed her Gold Coast home in 2010 to fund the publicity of her book, Sex, Do you want more? Yes please, actually never got to sell her investment property.
The Vaggelas Crescent property auction appeared in a repeated televising of the Michael Caton Hot Property series this week on Channel 9.
On its October 2010 auction it was reported Wilde was downsizing her Biggera Waters, Gold Coast, home in order to fund the publicity of her book. 
It was passed in at auction some $50,000 short of her expectations as she was seeking to make a small profit of her initial outlay.
She had bought the waterfront duplex unit as new for $725,000 in 2003.
Featuring Campbell Moore at Harcourts Broadbeach, the auction first aired on Channel 9 in July 2011 when there were $800,000 hopes. It then had a $769,000 post-auction marketing asking price.
An envisaged May 2012 auction didn't proceed as the property's appearance had deteriorated during its tenancy.
"Tenants wrecked the place," one agent advised Property Observer.
After the auction it became available for $650 a week rental. Tenancy changes triggered a new rental marketing campaign at $620 a week in July this year.
Positioned on a tranquil canal just metres from the Broadwater, it was a  two-storey duplex unit.
The north-to-water abode home features a tiled open-plan living space that incorporated a granite kitchen with cream cabinetry, stainless steel appliances and a breakfast bar.
It came with tidy lawn and a shared pontoon which bridges a private sandy beach to the canal.
The ground level also accommodates a bedroom with a two-way bathroom and a walk-in wardrobe, a laundry and internal access to the double garage.
She bought the waterfront duplex unit as new for $725,000 in 2003.
It was here that she penned her <a target="_blank" href="https://www.lindawilde.com/">debut book </a>Sex, Do you want more? Yes please under the nom de plume Linda Wilde.
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