<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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Property investors are showing an increasing interest in investment properties priced under $300,000 in the NSW regional town of Tamworth, most famous for its country music festival held every January.
The increased activity is being spurred on by a combination of strong population growth, low vacancy rates and restricted supply of accommodation, according to a new report from PRDnationwide.
<a target="_blank" href="/news">Tamworth </a>is in the New England region of NSW about five hours (400 kilometres) north of Sydney, with its major economic drivers being manufacturing, health and community services, education, logistics, wholesale trades, and tourism and hospitality.
According to PRDnationwide research analyst Oded Reuveni-Etzioni Tamworth homes priced under $300,000 accounted for 64% of transactions over the six months to August 2012, compared with 54% of transactions for the same period in 2011.
Current Tamworth listings suggest gross yields in excess of 7% are achievable for properties priced well under $300,000
They include this <a target="_blank" href="https://www.realestate.com.au/property-house-nsw-tamworth-111992003">three-bedroom house</a> (pictured below) on a big block on Churchill Street advertised through Richard Jackson of PRDnationwide Tamworth at $192,000. Jackson says the property can generate a rental of around $265 per week – a potential yield of 7.2%.
<img src="/images/stories/2012/11/tworth.jpg">
According to October Real Estate Institute of NSW vacancy rate figures, New England’s vacancy rate eased from 2.3% to 2.6% but is still down on the 3.4% vacancy rate recorded in March this year.
Reuveni-Etzioni says house activity has stabilised over the past 18 months, with 425 houses transacting in the August 2012 half year period.
“This level, while short of the August 2009 peak, represents a balanced market. Enquiries from upgraders and investors have increased in September and October even though first home buyers interest declined following the cessation of the $7,000 first-home owner grant.”
“Demand for properties toward to bottom end of the market originated from first-home buyers and investors. While first-time buyers’ activity has eased, investors are still active, looking for solid yields in the six to seven per cent range.”
Reuveni-Etzioni says median rents for a three-bedroom house in Tamworth, the most common form of accommodation in the region, have increased by 14% in the three years to September 2012, “highlighting a shortage in supply of medium-density accommodation, amid a growing demand.
“While yields for units normally exceed house yields, a lower yield in Tamworth’s case was the result of an increase in the median unit price,” he says.
“The August median unit price of $199,500 represented a 12 months growth of 5.3%, which eroded the yields for some properties but otherwise provided a positive return to investors in the form of capital growth," he says.
According to Dean Cummins, principal of PRDnationwide Tamworth, Tamworth City is a good investment option particularly at the cheaper end of the market.
“Also, employment in the region is sound, with lots of new people moving into the area and vacancy rates of less than 2%,” he says.
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Investor activity on the rise in Tamworth property market with yields of 7% possible

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The 296-room Daydream Island resort in the Whitsundays has been listed by the tourism entrepreneur Vaughan Bullivant.
The businessman who sold the Nature’s Own vitamin company for $137 million in 1997 paid about $25 million for the island in 2000 and has spent nearly $50 million on it, according to the Australian Financial Review.
<img src="/images/stories/2012/11/daydream.jpg">
He hopes to capture emerging Chinese interest in the region displayed when Chinese advertising and media group White Horse <a href="https://www.propertyobserver.com.au/leisure/chinese-mining-tycoon-beats-clive-palmer-to-acquire-lindeman-island-with-plans-to-redevelop/2012042554429" target="_blank">snapped up Lindeman Island</a> on the Great Barrier Reef for about $12 million in April.
Daydream sits among many Queensland resorts that have suffered from the high Australian dollar and also the cheaper airfares to Asian holiday destinations.
<img src="/images/stories/2012/11/vaughan.jpg">
But Bullivant (pictured above) says his four-and-a-half-star resort is now profitable.
“Daydream has always been extremely important to me, and I’ve put many years of my life into making it the beautiful tropical island resort that it is today, as have many staff and my Daydream Island management team,” he told Fairfax Media.
“But I’m 65 now and looking to at some stage put my feet up and enjoy doing other things in life, including more travel and spending time with my family, which has long been my goal.”
International operators – particularly chains with Asian resorts – are expected to chase the opportunity as the island is offered vacant possession through CBRE Hotels Brisbane’s Wayne Bunz, whose expressions of interest campaign closes March 14 next year. No price estimate has been given.
It was Village Roadshow that sold the island in 1999.
<img src="/images/stories/2012/11/daydream2.jpg">
The purchasing syndicate reportedly included Keith Williams and Vaughan Bullivant. Williams was bought out some time ago.
Daydream Island is one of seven islands of the Molle Group, a sub-group of the Whitsunday Islands in Queensland, Australia. The island is small, measuring one kilometre in length and 400 metres at its widest point.
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Daydream Island resort listed for sale by Vaughan Bullivant 

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Yamba, the idyllic Pittwater retreat, has been listed for sale.
Accessible only by boat, the 7,463-square-metre Scotland Island property has three separate waterfront titles, with two residences, a cute cabin and a vacant parcel of waterfront land.
It's one of Pittwater's most significant landholdings, set on the north-western side of the island.
It was built for the Robertson family of Angus &amp; Robertson bookstores, with later owners including the Moran healthcare family. 
<img src="/images/stories/2012/11/scotlandisland.jpg">
The first A&amp;R bookstore was opened in 110½ Market Street by David Angus in 1884, selling only secondhand books and then from 1886 in partnership with fellow Scot George Robertson.
The island retreat last sold when Kym Bermingham sold to the international art consultant Vivienne Sharpe and her partner, antiquarian bookseller Tim McCormick, in 2006.
Its been listed through David Watson of <a target="_blank" href="https://avalon.ljhooker.com.au/B3RF58">LJ Hooker Avalon </a>and Ken Jacobs of <a target="_blank" href="https://www.kenjacobs.com.au/603580/">Christie's International</a>.
Yamba's 1915 renovated and extended five-bedroom house flows onto level lawns, a sandy beach where there are two boat sheds and two deepwater jetties.
The property is listed with $10 million plus price expectations. It's the largest holding on the 49-hectare island.
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Historic Pittwater retreat Yamba seeking new bibliophile owners – BYO boat

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Current Moranbah residential listings offer investors the potential to earn rental returns approaching 20%, but the Queensland mining town remains at the mercy of mining companies when it comes to signing new leases.
Moranbah topped the latest list of 40 localities with the highest rental yields for houses, according to information provided by RP Data, with a<a target="_blank" href="https://www.propertyobserver.com.au/landlords/east-coast-australia-s-top-40-highest-rental-yield-suburbs-from-moranbah-to-tregear/2012112057965"> gross rental yield of 12.9%.</a>
Rents are still be advertised as high as<a target="_blank" href="https://www.realestate.com.au/property-house-qld-moranbah-408246811"> $3,500 per week for a four-bedroom house</a> but also as low as $400 per week for <a target="_blank" href="https://www.realestate.com.au/property-house-qld-moranbah-407750317">a three-bedroom house</a> with local agent John Wood of Moranbah Real Estate telling Property Observer "Moranbah has changed over to last few months with now a lot of rental stock on the market".
In June it was reported that mining giant BHP Billiton Mitsubishi Alliance (BMA) was refusing to sign new leases in <a target="_blank" href="/news">Moranbah, </a>with controversial plans for a mining camp to cheaply house 3,200 workers.
The dependence of Moranbah on mining companies paying big rents was revealed in the official census 2011 data, which shows that households (mining employees) are paying just $80 per week to rent in Moranbah, with the bulk of the rental bill picked up by their employers.
Even if mining companies do not build cheap housing, they can also reduce demand for housing by increasing fly-in-fly-out (FIFO) arrangements for their employees.
<img src="/images/stories/2012/11/moranbahmap.gif">
Indeed, in a recent Property Observer webinar, <a href="/news">Hotspotting.com.au’s Terry Ryder named the Whitsundays</a> as a fly-in-fly-out (FIFO) hotspot servicing mining towns like Moranbah. Terry Ryder did not include Moranbah on his list of investment hotspots despite returning average annual capital growth of 25% over the past 10 years.
All of this highlights what investors in single-industry mining towns should already know – that they are very high-risk investments in locations where prices and rents can be transitory and most probably have been artificially inflated.
 
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Current listings show very high yield potential but many listings have leases expiring within the next few months.
Whether new leases can be renegotiated at similar weekly rental rates remains uncertain.
Current listings include <a href="https://www.realestate.com.au/property-house-qld-moranbah-110289249" target="_blank">this new four-bedroom house</a> (pictured below) listed at $759,000 by Vikki Oldfield of Vision Real Estate and rented at $2,900 per week until February.
<img src="/images/stories/2012/11/hannay.jpg" width="470">
This equates to a gross rental yield of 19.8%.
Another property offering these sorts of returns is <a target="_blank" href="https://www.realestate.com.au/property-house-qld-moranbah-111433843">this three-bedroom house</a> situated in a cul-de-sac on Bowen Court which is listed at $590,000 and is currently rented at $2,000 per week – a gross yield of nearly 18%.
<img src="/images/stories/2012/11/boewn.jpg" width="470">
RP Data records show the property last sold for $445,000 in May last year, indicating capital growth of over 30% (should it sell at the advertised price), but more staggering are the rental increases.
Three years ago, the property was listed for rent at just $650 per week.
Not all properties are offering such generous returns, with yields ranging from around 7% including <a href="https://www.realestate.com.au/property-house-qld-moranbah-111723591" target="_blank">this three-bedroom house on Ney Street (pictured below) </a>being offered at $515,000 through Julie Williamson Real Estate. The property is rented at $750 per week until February. It last sold for Last sold for $335,000 in 2005.
<img src="/images/stories/2012/11/ney.jpg" width="470">
Another listing (pictured below) by Vikki Oldfield <a target="_blank" href="https://www.realestate.com.au/property-house-qld-moranbah-112222627">is asking $710,000</a> with a current weekly rental of $1,600 per week.
<img src="/images/stories/2012/11/naumann.jpg" width="470">
However, RP Data records show the property was available for rent in April 2010 and June 2011 at the same weekly rate – suggesting anecdotally that rents may have reached their upper limit.
 
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Moranbah current listings offer yields nearing 20%, but future returns less certain

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Bill Bridges at Ballard Property has scored a coup in securing an editorial on the Wall Street Journal (Asia) website for his highly conjunctional Altona, Point Piper, listing.
<img src="/images/stories/2012/11/wsj.jpg">
The report says the owners, Deke Miskin and his wife, Eve, are a magazine publisher and bikini designer, respectively. It notes, other than the exterior, few of the original architectural features of the house remain. The interiors have oak parquet floors, French doors, high ceilings and five marble fireplaces.
Its amenities include a pool, a cabana, a private jetty and a rooftop deck with views that take in the Sydney Harbour Bridge and the Sydney Opera House.
{yoogallery src=[images/stories/2012/09/sept12altona]}
The website says the <a href="/news">Point Piper</a> property came back on the market in late 2010, but the A$55 million (US$57.3 million) asking price was only revealed in September by agents in a renewed drive to achieve a sale.
<img src="/images/stories/2012/11/wsj2.jpg">
It reports its $35 million for the house and $20 million for the extra land.
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Point Piper's US$57.3 million Altona gets WSJ (Asia) house of the day status

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Le Chateau, a landmark manor house at Dural, remains for sale, having been listed last month with $6.5 million hopes. Mixing modern with medieval, the prestige listing in the semi-rural Hills District north-west of Sydney is best recognised as the location of the Channel 7 television show Beauty and the Geek. 
Owned by telco millionaire Colin Marland and his wife, Julie Anne, the vast French-inspired mansion is set on two hectares of manicured grounds. I<a target="_blank" href="https://www.kenjacobs.com.au/598825/">t is for sale through Christie's agents Ken Jacobs and Darren Curtis.</a>
The two-storey residence has five bedrooms, each with a travertine en suite and walk-in wardrobe.
There is a grand entry foyer leading to formal and informal living, dining and entertainment areas, including a family room with an eight-metre-high ceiling, all designed by American architectural firm Design Traditions.
The vast 1,770-square-metre Vineys Lane residence was built in 1997 for Ian Beilby, who made his money from hair-care products, electrical appliances and property development, and his wife, Jill, who sold Le Chateau for $4 million to the Marlands in 2000.
 
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No makeover needed for Dural’s Beauty and the Geek location Le Chateau

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Noorinya sits at the top of the list of Nathan Tinkler's private property assets, should he seek funds to get himself out of his current business liquidity situation.
But having paid $11.5 million, it's in a league of its own when it comes to the prestigious second home coastal market.
The mining magnate smashed the mid north coast record in 2008 when he purchased Noorinya, on a Sapphire Beach headland, for $11.5 million from Microsoft pioneer Jaybe Ammons.
Noorinya, with 1.8 hectares of private headland, comes with lap pool and a secluded beach.
The following year Stockland’s David Pitman and ABN Amro’s Simon Perrott purchased oceanfront properties from developer Barry France on the next headland along at Sapphire Beach.
{qtube vid:=BYSuZ5PkBg8&amp;feature=plcp}
Ammons and his wife, Shelly, had spent about $2.75 million on the site amalgamation, including a $1.85 million purchase from hospital industry operator Paul Ramsay in 1999. Locals say the family used it regularly during the early years of ownership, but not much recently since the family relocated from their Newcastle base to Singapore.
Video source LJ Hooker 
Video prepared by HTM Digital
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Nathan Tinkler could fall back on record-setting Noorinya on mid-north coast if times get tougher 

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The recent buyers of Mintaro, the 1882 Monegeetta mansion, have listed their own Diggers Rest property with a reserve price of $3.25 million.
Brian and Cheryl Glassel have listed the seven-bedroom, four-bathroom Pinewood for December 13 auction.
Located at <a href="https://www.realestate.com.au/property-house-vic-diggers+rest-112328323" target="_blank">829 Black Hill Road</a>, the 1870s house sits on 97 hectares with formal gardens and farmland. The property has nine main paddocks and sheep and cattle yards.
The bluestone, brick and weatherboard construction comprises of classic drawing and dining rooms, conservatory, library, sewing room, four bedrooms and two bathrooms.
There's a second brick veneer residence for guest accommodation.
<a href="https://www.propertyobserver.com.au/victoria/mintaro-the-1882-monegeetta-sunbury-district-mansion-has-been-sold-at-its-%243-million-reserve-price/2012111457817" target="_blank">Last week the Glassels bought Mintaro</a>, the Sunbury district mansion, for its $3 million reserve price shortly after it had been passed in at $2.85 million.
The Glassels plan their own “Country House Rescue” with tours and dining experiences set to make the “property pay for itself”.
The Pinewood, Toolern Vale, auction will be conducted by John Keating from Keatings Real Estate Woodend.
It's only the second time in Pinewood's history since 1848 that it's available for sale.
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Mintaro, Monegeetta, mansion buyers list their Diggers Rest property

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It's scheduled for mooted late 2015 completion and it doesn't actually have planning approval, but the developers of the Australia 108 tower in Melbourne's Southbank precinct are inviting buyer registrations.
It will cost $1,000. And registrants will get a pre-release briefing at a level 89 Eureka Tower event in February.
Prices start at $425,000 for one-bedroom apartments and from $575,000 for two-bedroom apartments. Its three bedrooms are priced from $775,000.
<a href="https://australia108.com.au/" target="_blank">The 108-storey project</a> was unveiled earlier this month as the southern hemisphere's tallest six-star hotel/apartment building – with its mooted mammoth 388-metre skyscraper high above Melbourne's Yarra River.
<img src="/images/stories/2012/11/australia108.jpg">
The site is set on the corner of City Road and Southbank Boulevard, and the Victorian Civil and Administrative Tribunal (VCAT) gave approval for a 72-storey, 226-metre, 532-unit skyscraper in September 2010 after a battle with Melbourne City Council.
The new project, if approved, will feature 600 apartments, plus the nation's highest hotel and restaurants floating 84 stories above the city.
<img src="/images/stories/2012/11/australia1083.jpg">
The 108-storey tower, which will be the 18th-tallest building in the world, is planned to rise near the 297-metre Eureka Tower, with 91 storeys.
Architects Fender Katsalidis, which also built Eureka, gained planning approval for a 228-metre apartment building on the 70 Southbank Boulevard site in 2010, but architect Nonda Katsalidis has super-sized his plans, by adding a 288-room hotel and sky deck on top.
He says the economy has strengthened and Melbourne is more confident and ready for an iconic centrepiece.
<img src="/images/stories/2012/11/australia1081.jpg">
"Buildings like this change cities, they make the city more dynamic, more interesting, more exciting," he said.
One of Australia 108's most striking features will be a two-storey sky lobby, which is set to house two restaurants and two bars, extending nine metres out of the building, 84 storeys above Melbourne. The hotel check-in and swimming pool will also appear to hang over the city, with sections of glass floor enabling visitors to see all the way to the ground in a much larger version of Eureka's Sky Deck. In July Property Observer<a href="/news"> reported the site was owned by Katsalidis and property developer Adrian Valmorbida </a>from the Valmorbida family.
<img src="/images/stories/2012/11/australia1082.jpg">
Although the project is in its preliminary design stage and will be subjected to a fresh planning application process, Victorian Planning Minister Matthew Guy has already commented that such a project being proposed underlined the confidence in Melbourne. "Australia is coming of age, and our cities are growing upwards," Guy said. "Taller buildings ... are a symbol of a growing nation, a strong economy, and they do have the ability to define a city," he said.
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Fender Katsalidis' Australia 108 tower seeks $1,000 early buyer registrants 

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The tussle over the national licensing of real estate agents shows no signs of abatement with an escalation in press release issuance.
Milton Cockburn at The Shopping Centre Council recently told the association's members that commercial real estate agents will be licensed except for those managing on behalf of related entities, like Westfield Group’s leasing agents, and those acting for “sophisticated property owners.”
It's what the council wanted. 
Cockburn advised that a special committee established by the National Occupational Licensing Authority (NOLA), representing all stakeholders, unanimously agreed that commercial agency work will be included in the new national licence for real estate agents, subject to two exceptions.
"The first exception is that agents managing on behalf of ‘related entities’ would not require a licence; the second exception is that ‘sophisticated property owners’, that is those large owners who fully understand the risks involved in commercial property transactions, would also not be required to use a licensed agent.
"This means only a very small fraction of commercial transactions could be undertaken by unlicensed agents, and all transactions involving ‘small’ commercial property owners would involve licensed agents.
"The committee also resolved concerns about personal probity requirements for licensees.
"There should therefore now be no obstacles to introducing the national real estate licence," Cockburn wrote on <a href="https://www.propertyobserver.com.au/industry-news/commercial-agent-licensing-resolution-a-sensible-compromise-milton-cockburn/2012111857941" target="_blank">Property Observer</a>.
But the Real Estate Institute of Australia president Pam Bennett says some areas remain to be negotiated, with the REIA unwilling to "lower standards".
The REIA suggested contrary to recent reports, the National licensing debate is not resolved.
But some industry analsyts say some 80% of agents currently just have the so-called "lower" standard.
"There are a number of areas still to be negotiated, and REIA will not be pushed into a lowering of standards that will have a negative affect on Australian consumers. Full stop,” Bennett says.
"Stunningly poor analysis of our profession was undertaken before COAG made these proposals and the Occupational Licensing Advisory Committee (OLAC) was a flawed process."
"There’s clearly been a pre-ordained conclusion from the start. When the regulation impact statement (RIS) was released, OLAC was scheduled to meet the very next business day and did not even read REIA’s RIS response, which stated our numerous concerns."
"The RIS made no attempt to quantify the cost to consumers flowing from the proposed removal of commercial property licensing and the abolition of continued professional development (CPD)," Ms Bennett added.
"There is a variety of roles that must be undertaken by real estate agents and the RIS set the education bar far too low. We want to see agents with diploma level qualifications as is the case in four States and Territories – not a dumbed down compromise."
"We refuse to be pushed into a position that would be detrimental to consumers, in order to suit arbitrary timelines."
"REIA wants the status quo option for property industry licensing to allow a revision of the RIS and because REIA supports national licensing, subsequent reconsideration through the second tranche, which contains other property related professions such as valuation, conveyancing, building and surveying."
 
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