<a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a> offers plenty of reasons to live vertically, but moving from a substantial family home into an apartment can expose the compromises of high-density living. Privacy, room for guests and usable living space tend to matter more when an apartment is intended as a permanent home rather than an occasional coastal base.

A typical residential floor at <a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a>, on Surf Parade,&nbsp;contains just four apartments. The 94-residence development by <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> is predominantly made up of expansive three-bedroom homes, with a limited collection of half-floor penthouses above.

Across the apartment floors, <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has used the relatively limited number of residences to give each home greater access to natural light and outlook. Living spaces extend towards full-height glazing, while a series of bay windows frame selected views across the Pacific Ocean, city and hinterland rather than treating the building edge as a continuous wall of glass.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360965]

“The apartment floors deliver a collection of homes that embrace controlled outlook via a series of bay windows deliberately framing moments of view,” Rothelowman Director Kim Lowman said.

From outside, those projecting forms contribute to the tower’s faceted profile. Strong horizontal and vertical elements establish its proportions, while the changing position of the sun alters the light, shadow and reflection across the façade throughout the day.

The same attention moves inside the apartments, where the material palette combines warm timber, natural stone, metallic detailing and softer curved forms. Kitchens sit within the main living zone, with stone island benches, integrated joinery and European appliances, before the living areas extend towards the glazing and the outlook.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360981]

Three genuine bedrooms provide room to accommodate family and guests, while two secure car spaces and storage address some of the practical considerations that can become more noticeable when moving from a larger home. Feedback from the display suite has centred on the warmth and restraint of the interiors, with buyers commenting that the residences feel like homes rather than conventional coastal apartments.

A limited collection of half-floor penthouses occupies the upper levels, increasing the scale of the living spaces and adding private balconies and elevated finishes. From this position, the outlook extends between the ocean and hinterland.

Outside the private residences, The Eveleigh separates its shared spaces between the podium and rooftop. The podium is centred on wellness, with subtropical landscaping surrounding a swimming pool and pool terrace, yoga garden, private gymnasium, sauna and hot and cold plunge facilities. Landscaped retreats and pavilions provide additional places to sit away from the main recreation areas.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360966]

Higher in the building, a rooftop pavilion and private dining suite sit alongside resident lounge, barbecue and outdoor dining areas, opening towards panoramic views across the ocean, city and hinterland.

“Buyers are no longer just looking for an apartment, but a lifestyle where they can relax, reset, and enjoy a balanced way of living,” Hirsch &amp; Faigen Director of Sales Matt George said.

Interest to date has come from established owner-occupiers and interstate lifestyle purchasers, including buyers planning a future move to the Gold Coast. Many are coming from larger homes and want to reduce ongoing maintenance without giving up space for family and guests, privacy, two car spaces or the ability to entertain at home.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360969]

Much of that daily life can also take place beyond the building without requiring a drive. Kurrawa Beach and Pratten Park are an easy walk from Surf Parade, while Pacific Fair, Oracle Boulevard, The Oasis, restaurants, cafés, entertainment and public transport are also within walking distance.

The Eveleigh is Hirsch &amp; Faigen's fourth Gold Coast development since entering the market in 2021, following The Hemingway at Palm Beach, The Emerson at Kirra and Yves at Mermaid Beach. Each of the preceding projects sold out before completion.

“Broadbeach had been on our radar throughout our time operating on the Gold Coast,” the developer said. “Following our projects in Palm Beach, Kirra and Mermaid Beach, Broadbeach represented the natural next step for the business.”

The Surf Parade site brought together proximity to the beach, protected coastal outlooks and walkability to dining, shopping and recreation. Hirsch &amp; Faigen also identified the street as an emerging premium residential address, with enough separation from Broadbeach's busier destinations to retain a quieter environment at home.

The Eveleigh is now under construction by Maxcon, with completion forecast for mid-2028. Three-bedroom residences are currently available from $2.87 million.

[smartcode_project_cta:default project_id=149670]

Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

A long-stalled Campbelltown development site is back in play, with new plans for 139 apartments set to supersede a mixed-use scheme approved almost a decade ago but never built.

The new proposal for 28 Cordeaux Street would deliver 116 market and 23 affordable apartments in a part 14-storey building, bringing a substantial new project into a Campbelltown market where new apartment supply remains limited.

Plans have been filed over the 3,092 sqm corner site at Moore-Oxley Street, around 600 metres from Campbelltown Railway Station and the city-centre retail core.

The site already carries a mixed-use residential approval dating to 2016. Doroch Architects has now been engaged on a larger replacement scheme, which is progressing as a State Significant Development Application following a Housing Delivery Authority determination in August 2025.

The apartment mix comprises 39 one-bedroom, 72 two-bedroom and 28 three-bedroom residences. Two-bedroom apartments make up just over half of the project, while three-bedroom homes account for 20 per cent.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="136dd5b9-3791-4da6-9e31-76f533f5b4de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da2.png?VersionId=LgOSy9nwf5u.MGswBBwaGGxuX8QpHSl_" />

Of the 139 apartments, 23 will be delivered as affordable housing under the in-fill affordable housing provisions of the Housing SEPP. The affordable component represents 15 per cent of the residential gross floor area and will be managed by a registered Community Housing Provider.

Doroch has sought to break the scale of the building into two distinct elements, with a masonry podium of around four storeys establishing the street edge before the residential tower steps back above.

The corner position has shaped that approach. Cordeaux Street faces toward the commercial and civic centre, while Moore-Oxley Street leads into the lower-scale residential neighbourhood to the south, and the design verification report describes the site as "bridging the commercial core to the north and established residential areas to the south."

The podium will be expressed predominantly in face brick, while the upper levels shift to brushed and grooved concrete cladding with darker metal detailing. Recessed sections, deep balcony edges and landscaping break down the upper form, with an approximately 11.8-metre setback to the northern boundary addressing the adjoining St Peters Anglican School.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="c8b3d2d3-c561-4bfc-a5d9-a68c0c10dac1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da1.png?VersionId=AeAEyJU02Gk2k5noUj2StziCvdQ7fW4B" />

Campbelltown has been starved of new residential developments in the last decade.

The only other notable development set to come to market this year is ALAND's Queen Square, a mixed-use precinct on over two hectares that will comprise apartments above a vibrant ground-level retail and hospitality dining precinct.

First look: New 139-apartment plans revive long-stalled Campbelltown city centre site

First Look: Sherlock Construction pitches apartments for low-rise Deception Bay

Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

First look at MAYD's North Kirra mixed-use precinct

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Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

&nbsp;

[smartcode_project_cta:default project_id=152737]

<h3 data-end="3697" data-section-id="q3n5ak" data-start="3672">&nbsp;</h3>
</main>

Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

&nbsp;

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Staff Writer

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

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Ellen Walker

Off-the-plan property explained: What is stamp duty?

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The historic Camden residence Dr Crookston’s house has been offered for sale for only the second time in the past 100 years, with price expectations of $1 million plus.
Located at <a target="_blank" href="https://www.realestate.com.au/property-house-nsw-camden-112010871">75 John Street, Camden</a>, the two-storey Victorian residence has elevated views over <a target="_blank" href="/news">Camden </a>and the Blue Mountains.
Owners Paul and Margaret Bowring have owned the property for 33 years.
The Macarthur family originally built the house circa 1860s for their overseer Robert Druitt, but an angry bull killed him before he had the chance to live in the house.
The house's name come from its later ownership by Dr R.B. Crookston, who conducted his medical practice at the house from 1913.
Dr Crookston was the mayor of Camden from 1932-1934. 
The property, last sold in 1979 for $145,000, comprises four bedrooms and two bathrooms.
There are 12-foot-high (3.7-metre-high) ceilings, ironbark floor boards, open fire places, French doors, antique light fittings and decorative cast-iron lace.
The grounds have a grass tennis court and rear stables converted into a double garage.
“We’ve had many happy times here with friends but it’s time for another family to enjoy the home now,” says Margaret Bowring.
Dr Crookston’s house is being sold by Stuart Davies from <a target="_blank" href="https://rwmg.com.au/">Ray White Macarthur Group Camden</a>.
“This is a very special offering,” says Davies.
"Rarely does a property of this calibre come on to the market, let alone one situated so close to the heart of the town.”
The house on its 2,536-square-metre holding will be auctioned on December 1.
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ntrotman-Et3xWpamVh

Dr Crookston's Camden house offered for only the second time in 100 years

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Rock legend Jimmy Barnes and his wife, Jane, have adjusted the asking price of their NSW Southern Highlands riverfront weekender, Riverbend.
The <a target="_blank" href="/news">Berrima </a>property hit the market in July last year with <a href="https://www.propertyobserver.com.au/new-south-wales/jimmy-barnes-lists-highlands-weekender-on-eve-of-cold-chisel-tour/2011080251008" target="_blank">$2.5 million hopes</a>, but they recently revised their expectations to $2.25 million.
The Barneses, who live in a <a target="_blank" href="/news">Botany </a>warehouse compound, just don’t make enough use of the sandstone house on 2,758 square metres.
The Berrima house cost the Cold Chisel frontman $1.85 million in 2008.
Gwen Meredith, the scriptwriter for Australia's longest-running and much-loved radio serial Blue Hills, once owned the property on the Wingecarribee River, a retreat from her <a target="_blank" href="/news">Seaforth </a>home, Braybrook.
It is located in a quiet setting just a short stroll from the historic village.
Listing agent Drew Lindsay at <a href="https://www.drewlindsay.com.au/properties/DLRE-Riverbend" target="_blank">Drew Lindsay Bowral </a>describes it as three solid sandstone pavilions linked by long covered verandas that jut over the river.
It is most notably missing any recording studio, a feature in Barnes' current Botany property and his earlier Southern Highlands retreat. They had quit the highlands in 1994 when their <a target="_blank" href="/news">Mittagong</a> house was bought for $1.4 million by property developer and muso Andrew Richardson.
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jchancellor-FAypfDUnLy

Jimmy Barnes reduces Southern Highlands retreat asking price

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Preliminary data indicates that Perth’s median house price for the September quarter is currently below the June quarter figure, largely due to earlier settlements from strong first-home buyer activity.
This is a preliminary call on the state of the market, and data from reiwa.com suggests it will lift back to the June quarter median of $484,000 with late settlements.
First-home buyers now account for almost 30% of all sales, and there is no doubting their impact in the market as they eagerly purchase the more affordable properties.
The reasonably stable prices and low interest rates over the last nine months have resulted in overall turnover picking up by almost 20% on the same time last year, but sales from trade-up buyers fell by around 4% during the quarter.
Significant falls in turnover were reported in <a target="_blank" href="/news">Rockingham</a>-<a target="_blank" href="/news">Kwinana</a>, the eastern and western parts of <a target="_blank" href="/news">Stirling</a>, northern <a target="_blank" href="/news">Joondalup </a>and the western suburbs.
Despite a drop in turnover for the September quarter, a number of sub-markets defied the trend with increased sales. These included <a target="_blank" href="/news">Armadale</a>-<a target="_blank" href="/news">Serpentine</a>, <a target="_blank" href="/news">Swan</a>, <a target="_blank" href="/news">Cockburn</a>, <a target="_blank" href="/news">Vincent</a>, the north-east part of <a target="_blank" href="/news">Wanneroo </a>and south east section of Stirling.
Our REIWA members are reporting a 3% increase in sales of flats, units, apartments and villas, but with no movement in the overall median price of $390,000. Once again, this preliminary figure is likely to lift when revised to be level with the June figure.
REIWA data for the September quarter show that the stock of listings has fallen 14% to just 10,400 properties and the number of days on market has dropped a little to 71 days.
The more stable conditions have resulted in fewer sellers reducing their asking price and the average variance between the asking price and eventual selling price has also come down, now sitting at just under 6%.
In the regions, the median house price came down slightly to $360,000, while units and villas grew marginally to a median of $327,000. Results are patchy across the breadth of the state.
 
<hr class="system-pagebreak">
 
In Mandurah-Murray, this weak market is definitely on the mend, with sales up by% on the same time last year. Initial readings suggest a rise in their median price but we need further data before we can confirm this.
In <a target="_blank" href="/news">Bunbury </a>turnover is up by 25% on the same time last year and with a 3% lift in the median house price.
<a target="_blank" href="/news">Albany </a>has had negligible movement in price or turnover, and the number of listings is down by 17% during the quarter.
<a target="_blank" href="/news">Kalgoorlie</a>–<a target="_blank" href="/news">Boulder </a> turnover increased by 25% on last year, but with a stable median price. Listings came down significantly by 35% during the quarter, which also happened this same time last year.
<a target="_blank" href="/news">Geraldton</a>-<a target="_blank" href="/news">Greenough </a>seems to be the weakest of the regional markets. Although sales turnover is up by a huge 75% on last year, the median price seems to have dropped by around 3% and the mid-west city is awash with listings, including 325 blocks of land.
REIWA members in the Pilbara are reporting that the housing pressure has come off in <a target="_blank" href="/news">Karratha</a>, with a jump in listings and the vacancy rate for rentals blowing out to 6%.
Despite a slowdown in the mining and resources sector, population growth in WA is stronger than anywhere else in the country and this does not appear to be slowing.
Investors still seem hesitant to return to the WA market, but there are signs of this starting to turn around as rental yields improve on the back of rising rents, low interest rates and stable prices.
Despite the large number of first [home buyers exiting the rental system to secure their own home, pressure continues on the metropolitan rental system through strong population growth.
Our data show that in metropolitan Perth the vacancy rate has tightened from 1.9% in the June quarter to 1.8% in the September quarter, with the median rent sitting at $450 per week, an increase of $20 on June.
David Airey is president of the <a href="https://reiwa.com.au/home/default.aspx" target="_blank">Real Estate Institute of Western Australia.</a> This article was originally published on <a href="https://reiwa.com.au/Faq/Pages/Feature.aspx">reiwa.com</a>.
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dairey-MVZf5ZguQC

Strong first-home buyer activity in WA as sales turnover trends down

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West Head House, designed and built by Peter Stutchbury in the Clareville bushland, has been listed for sale.
Designed 25 years ago over a two-year period, it's one of Stutchbury's earliest houses, and his home until its upcoming sale.
Peter Stutchbury has since designed houses around the world, most famously for the Japanese fashion designer Issey Miyake.
Stutchbury recently recalled it was in 1980 that 75 Hudson Parade, a vacant battleaxe block, was bought by the family who'd holidayed at <a target="_blank" href="/news">Clareville </a>from the early 1960s.
It was after graduating from Newcastle University that Stutchbury decided to live in the pristine bushland environment where koalas roamed in the adjacent spotted gum forest.
Its views overlook Pittwater toward Longnose Point and the Ku-Ring-Gai Chase National Park.
With its small façade to the west minimising sun and wind load, the house was designed on return from an extended stay living in and studying the highland villages of Papua New Guinea.
"The house has a wonderful sense of the lightness of being," Stutchbury suggests about the house, which is a composite of timber and steel lightweight construction.
"The house is simply a conduit for healthy living, for anyone who seeks serenity this house promotes that quality," says the marketing material prepared by Marcus Lloyd-Jones at <a target="_blank" href="https://www.modernhouse.co/property/1204807-west-head-house">Modern House Estate Agents</a>.
It has been home to a family for over 23 years – the three children: Bronte, 21, Noah, 19, and Cleapatra, 12, all born and nurtured in and around the West Head House environment.
It's five bedrooms with its gross internal area of 213 square metres and an 111-square-metre gross external area. Its set on a 746-square-metre block with landscaping by Phoebe Pape.
It's been featured in numerous books including Peter Stutchbury: Of People and Places: Between the Bush and the Beach, Pesaro.
The family are hopeful of $1.5 million plus after which they will head to the oceanside of the Pittwater peninsula to build a new home. 
Photography: © Michael Nicholson
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West Head House, the Peter Stutchbury Clareville family retreat, listed

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The Radisson Resort Gold Coast will be rebranded Mercure Gold Coast Resort from December 18, making it Accor’s 200th Australian property.

The 308-room property which features conference facilities for up to 700 delegates, marks the French hotel firm’s sixth venture into the Gold Coast.
Accor also has Artique Surfers Paradise, Grand Mercure at Coolangatta, Soul's Sea Temple in Surfers Paradise and the Sofitel Broadbeach.
The Mercure Gold Coast Resort will join Accor's 30 other Australian properties accredited as providing "optimum service standards" to Chinese guests.
Accor was the first hotel group in Australia to introduce the standards to meet the expectations of Chinese travellers and its venues feature Chinese dishes on menus, and offer Chinese newspapers and television channels, and Chinese language welcome kits.
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Accor's Mercure Gold Coast will provide optimum service to Chinese guests

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This table shows the number of residential sales in Melbourne on an annual basis since 1974.
It also shows the proportion of those sold at auction using the Valuer-General and Real Estate Institute of Victoria data.
The median price is also displayed along with its annual variation.
<table style="width: 470px;" border="0"><tbody>
<tr>
<td>
Year 
</td>
<td>Total metro sales* </td>
<td>% Auction sales**</td>
<td>Median house price** </td>
<td>Change in median %</td>
</tr>
<tr>
<td>2011</td>
<td>
71,868
</td>
<td>
24
</td>
<td>$540,383</td>
<td>
1.7
</td>
</tr>
<tr>
<td>2010</td>
<td>
86,339
</td>
<td>
28
</td>
<td>$550,000</td>
<td>
18.3
</td>
</tr>
<tr>
<td>2009</td>
<td>
100,027
</td>
<td>
20
</td>
<td>$465,000</td>
<td>
7.4
</td>
</tr>
<tr>
<td>2008</td>
<td>
84,880
</td>
<td>
21
</td>
<td>$433,000</td>
<td>
3.1
</td>
</tr>
<tr>
<td>2007</td>
<td>
109,857
</td>
<td>
24
</td>
<td>$420,000</td>
<td>
11.3
</td>
</tr>
<tr>
<td>2006</td>
<td>
87,217
</td>
<td>
20
</td>
<td>$377,500</td>
<td>
5.0
</td>
</tr>
<tr>
<td>2005</td>
<td>
87,185
</td>
<td>
17
</td>
<td>$359,500</td>
<td>
-2.3
</td>
</tr>
<tr>
<td>2004</td>
<td>
81,015
</td>
<td>
16
</td>
<td>$368,000</td>
<td>
2.2
</td>
</tr>
<tr>
<td>2003</td>
<td>
93,311
</td>
<td>
24
</td>
<td>$360,000</td>
<td>
7.5
</td>
</tr>
<tr>
<td>2002</td>
<td>
97,286
</td>
<td>
26
</td>
<td>$335,000</td>
<td>
11.7
</td>
</tr>
<tr>
<td>2001</td>
<td>
105,544
</td>
<td>
26
</td>
<td>$300,000</td>
<td>
19.8
</td>
</tr>
<tr>
<td>2000</td>
<td>
88,910
</td>
<td>
22
</td>
<td>$250,500</td>
<td>
NA
</td>
</tr>
<tr>
<td>1999</td>
<td>
88,920
</td>
<td>
27
</td>
<td>
NA
</td>
<td>
NA
</td>
</tr>
<tr>
<td>1998</td>
<td>
81,210
</td>
<td>
26
</td>
<td>
NA
</td>
<td>
NA
</td>
</tr>
<tr>
<td>1997</td>
<td>
86,702
</td>
<td>
23
</td>
<td>
NA
</td>
<td>
NA
</td>
</tr>
<tr>
<td>1996</td>
<td>
67,904
</td>
<td>
20
</td>
<td>
NA
</td>
<td>
NA
</td>
</tr>
<tr>
<td>1995</td>
<td>
62,517
</td>
<td>
18
</td>
<td>
NA
</td>
<td>
NA
</td>
</tr>
<tr>
<td>1994</td>
<td>
68,783
</td>
<td>
20
</td>
<td>
NA
</td>
<td>
NA
</td>
</tr>
<tr>
<td>1993</td>
<td>
63,085
</td>
<td>
19
</td>
<td>
NA
</td>
<td>
NA
</td>
</tr>
<tr>
<td>1992</td>
<td>
57,248
</td>
<td>
NA
</td>
<td>
NA
</td>
<td>
NA
</td>
</tr>
<tr>
<td>1991</td>
<td>
53,922
</td>
<td>
NA
</td>
<td>
NA
</td>
<td>
NA
</td>
</tr>
<tr>
<td>1990</td>
<td>
53,575
</td>
<td>
NA
</td>
<td>
NA
</td>
<td>
NA
</td>
</tr>
<tr>
<td>1989</td>
<td>
60,211
</td>
<td>
NA
</td>
<td>
NA
</td>
<td>
NA
</td>
</tr>
<tr>
<td>1988</td>
<td>
85,739
</td>
<td>
NA
</td>
<td>
NA
</td>
<td>
NA
</td>
</tr>
<tr>
<td>1987</td>
<td>
70,347
</td>
<td>
NA
</td>
<td>
NA
</td>
<td>
NA
</td>
</tr>
<tr>
<td>1986</td>
<td>
62,701
</td>
<td>
NA
</td>
<td>
NA
</td>
<td>
NA
</td>
</tr>
<tr>
<td>1985</td>
<td>
72,308
</td>
<td>
NA
</td>
<td>
NA
</td>
<td>
NA
</td>
</tr>
<tr>
<td>1984</td>
<td>
70,739
</td>
<td>
NA
</td>
<td>
NA
</td>
<td>
NA
</td>
</tr>
<tr>
<td>1983</td>
<td>
63,275
</td>
<td>
NA
</td>
<td>
NA
</td>
<td>
NA
</td>
</tr>
<tr>
<td>1982</td>
<td>
50,006
</td>
<td>
NA
</td>
<td>
NA
</td>
<td>
NA
</td>
</tr>
<tr>
<td>1981</td>
<td>
57,610
</td>
<td>
NA
</td>
<td>
NA
</td>
<td>
NA
</td>
</tr>
<tr>
<td>1980</td>
<td>
56,089
</td>
<td>
NA
</td>
<td>
NA
</td>
<td>
NA
</td>
</tr>
<tr>
<td>1979</td>
<td>
48,890
</td>
<td>
NA
</td>
<td>NA</td>
<td>
NA
</td>
</tr>
<tr>
<td>1978</td>
<td>
45,913
</td>
<td>
NA
</td>
<td>NA</td>
<td>
NA
</td>
</tr>
<tr>
<td>1977</td>
<td>
48,864
</td>
<td>
NA
</td>
<td>NA</td>
<td>
NA
</td>
</tr>
<tr>
<td>1976</td>
<td>
59,502
</td>
<td>
NA
</td>
<td>NA</td>
<td>
NA
</td>
</tr>
<tr>
<td>1975</td>
<td>
57,991
</td>
<td>
NA
</td>
<td>NA</td>
<td>
NA
</td>
</tr>
<tr>
<td>1974</td>
<td>
47,278
</td>
<td>
NA
</td>
<td>NA</td>
<td>
NA
</td>
</tr>
</tbody></table>
<h4></h4>
 Source: Valuer-General and REIV data
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Melbourne's residential sales activity from 1974 to 2011

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The founder of the collpased Equititrust Gold Coast funds manager, Mark McIvor, is facing a bankrupcy application. David Tucker and legal practice partner Richard Cowen from Tucker and Cowen Solicitors have lodged a creditor's petition with the Queensland Supreme Court after the parties were unable to agree on payment for legal costs. Tucker was McIvor's personal lawyer for more than a decade and provided services for Equititrust for many years through his firm, Tucker and Cowen Solicitors. Tucker yesterday declined to comment to the Gold Coast Bulletin on the recent court petition, but McIvor said he would fight to have the document set aside. The action was being taken because of the bad blood that existed between Tucker and himself, he suggested.
Mark McIvor has self-published a novella titled <a href="https://www.propertyobserver.com.au/news/equititrust-s-mark-mcivor-self-publishes-a-novella-to-set-the-record-straight/2012111457831" target="_blank">Strange Animals Come Down to Drink</a>.
 
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Bid to bankrupt Mark McIvor over legal fees billing

<html><body>
The founder of collapsed Gold Coast mortgage fund manager Equititrust, Mark McIvor, has self-published a novella in which he plays the hero ... to set the record straight.

The 62-page part allegory, part autobiographical work, is titled Strange Animals Come Down to Drink.
It was also intended to be anonymous, according to BRW magazine reporter Leo D'Angelo Fisher, who came into possession of a copy.
“To my surprise I have discovered a writer within,” said Mark McIvor in a letter to supporters.
He headed Equititrust whose two principal funds were wound up by the Queensland Supreme Court in November 2011 after the commercial property downturn that followed the global financial crisis. Leaving 1,400 investors, mainly retirees, in the ensuing legal maze, there was some $550 million in funds under management.
Just recently McIvor has attempted to launch a boutique bank, Mi Citizens Union, issuing <a target="_blank" href="https://www.miguardianfiduciary.com/Portals%5CGuardianPartners/071248-Mi-Guardian-Memorandum-FINAL.pdf">an information memorandum </a>offering shareholders a stake in a partner-owned mutual investment banking group under the Mi Guardian Fiduciary banner. 
 <img src="/images/stories/2012/11/macivor.jpg">
“I have purposefully written this story under a non [sic] de plume. It has been my historical preference to eschew public attention. However, these issues are so grave I am obliged to ‘shout from the rooftops’.”
The identities of the players in McIvor’s dramatic corporate saga are disguised with characters including Bully Raconteur, Mr Suntan Man, King Con, Deer in the Headlights, Mr Baklava, King Reptile, the Bumbling Bureaucrat and Grubby Journo.
</body></html>

Equititrust's Mark McIvor self-publishes a novella to set the record straight

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CBRE and Mirvac employees will be among those taking part this Friday November 16 in the second annual Walk For A Wish Charity.
The simultaneous 10 kilometre walks will take part in major cities across Australia and New Zealand.
The event is held to raise funds and awareness for Starlight Children’s Foundation Australia and Make-A-Wish New Zealand.
“The event provides staff with the opportunity to give back to the community within which they work,” says Tom Southern, CBRE’s President and CEO, Australia and New Zealand.
The Sydney leg will take walkers from Martin Place through the Domain, past the NSW Art Gallery and Andrew Boy Charlton Pool to finish at the eastern suburbs Rugby Union Club in Rose Bay.
Mirvac has signed on as a principal sponsor of the Walk for a Wish event.
“We hope that our contribution to the Starlight and Make-A-Wish foundations will help them to continue their work in brightening the lives of sick children,” said the Mirvac chief Susan Lloyd-Hurwitz.
“This year Starlight has an overwhelming number of wish referrals and we hope to be able to let as many children as possibly know before Christmas that their Starlight wish will be granted,” said Starlight chief Louise Baxter.
 
 
</body></html>

Property chiefs participate in Walk for a Wish charity 

<html><body>
Mirvac Group has appointed Jonathan Hannam to its new executive position of group executive, capital.
The creation of the capital role recognised the importance of accessing third-party capital for Mirvac’s growth strategy, Mirvac’s recently appointed chief Susan Lloyd-Hurwitz says.
Allowing Mirvac to retain its relationships and expertise in house, the new position will focus on cultivating wholesale equity relationships to ensure that Mirvac has a broad network from which to source capital.
During two decades in the sector Hannam has raised and invested over A$6 billion with executive positions including most recently the Stockholm-based Andersson Real Estate Investment Management, a Swedish real estate advisory and asset management firm, and the Abu Dhabi Investment Authority where he was the head of Asia real estate. He'd also worked for the Swedish Catella real estate investment management group, and Hannam was also a managing director at ING Real Estate in Asia.
"Having had responsibility for both raising and investing capital all over the world, Jonathan has a clear understanding of how investors think and the key drivers behind their investment decisions," Lloyd-Hurwitz commented.
"Working alongside Bevan Towning, the CEO of platform, Jonathan’s strong relationships with key international investors will help build a focused network for Mirvac," she said.
Last month it was speculated that Mirvac Group was focusing on expanding its funds management business, with Lloyd-Hurwitz tipped to set up new ties with global players.
A $1.3 billion office fund has been touted along with selling some residential lots into funds.
The National Australia Bank analysts said the group’s shift further into this area formalised its moves to find capital partners.
Mirvac is expected to seek further mandates and set up more joint ventures and club deals.
</body></html>

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