<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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Queensland property tycoon Kevin Seymour has partnered with mining magnate Gina Rinehart to form a mining joint venture.
The two have partnered on a coal project in central Queensland where drilling is under way to test the extent of the reserves.
Seymour says it will be some time before extraction starts.
Seymour made his fortune in property but has recently been turning towards the resource sector.
Last year he set up Seymour Energy, which acquired mining exploration rights over areas in Queensland’s Galilee and Adavale basins.
Seymour recently backed out of plans to build his tower at 300 Queen Street in Brisbane.
"We are just looking at buying it, subdividing it and selling it off," Seymour told The Australian.
"Right at the moment, we are not that bullish on property -- we are treading very carefully.
"We've got seven coal exploration areas, four gas areas, and one oil area."
He says his current mining interests could total more than one billion tonnes of coal reserves.
"The potential worth is huge.”
He has interests at the Gilmore gas fields, Augathella, covering an area of more than 400,000 square kilometres.
"They could produce an enormous amount of gas," he says.
Seymour features on the BRW rich list with an estimated fortune of $585 million. Rinehart tops the list with an estimated fortune of $29.17 billion.
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Property tycoon Kevin Seymour partners with Gina Rinehart in coal project

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Two hundred years ago a French dude called Joseph de Maistre commented that “toute nation a le gouvernement qu’elle merite”. These days it’s usually expressed as “you get the government you deserve”. 
That we do. Australians like to grizzle about politicians who break promises, but we deserve no better because we don’t punish those who do. 
John Howard had a poor record on keeping promises. but we kept re-electing him. The more he got away with, the more liberties he took. He even came up with the epic rationalisation that it was OK to break a promise that wasn’t a “core promise”. 
Many Australians are miffed at Julia Gillard over her broken promise on the carbon pricing scheme. But until we punish mendacious politicians at the ballot box, they will go on deceiving us. 
It created barely a murmur that Campbell Newman’s decision to lift the 30-year ban on uranium mining in Queensland breached a solemn vow made in the election campaign earlier this year. No one who has studied the man’s record as lord mayor of Brisbane will be surprised.
The uranium decision (which brings Queensland into line with most other states) bothers me on two grounds: it’s a broken promise, and I’d prefer they left the uranium in the ground where it can’t do any damage. 
Having gotten that off my chest, there are consequences for real estate from the Queensland Premier’s decision to allow uranium mining – although he says he won’t allow nuclear power or waste disposal in the state. Seriously. No, really, he means it. He kept a completely straight face when he said it.
 Queensland’s uranium resources (estimated by the Queensland Resources Council to be worth $18 billion) mostly lurk in the state’s north-west, a lot of it not too far from Mount Isa. One of the largest known reserves is just 35 kilometres outside the town. 
 
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I haven’t been a huge fan of <a href="/news">Mount Isa</a> as a place to invest in recent years because the rental returns have been little better than in capital cities. You don’t buy in mining towns unless you’re compensated for the higher risk by yields big enough to generate positive cashflow. 
Even then I would be reticent about Mount Isa, which has built a reputation as the most polluted town in the nation. Indeed, it’s the very place I’d expect the dirty business of uranium mining to flourish. 
But from the cold perspective of pure bloody-minded investment potential Mount Isa has improved of late. Rents have risen, yields have improved and over the long term it has a good capital growth record (the various suburbs of Mount Isa have long-term growth averages ranging from 11% to 16% per year, according to Australian Property Monitors). 
There are a number of new resources projects in the general area for which Mount Isa is the key regional centre – and as they’re neither iron ore nor coal projects, they’re not so concerned about the recent decline in world prices for those commodities. 
Mount Isa is about copper, gold, lead, zinc – some of them metals you don’t want to be living near when the processing is going on. And, now it seems, uranium. 
Mount Isa mayor Tony McGrady, previously a minister for mines and energy in an ALP state government, supports uranium mining and says it will spark a mining boom in the region. 
That remains to be seen, particularly as nuclear power has taken a popularity dive following the Fukushima event in Japan. 
Any impact that evolves from the decision will take some years to be felt. Mines don’t become operational overnight. 
Anyone inclined to take a punt on this becoming a major new industry in a couple of years can expect to pay somewhere in the $300,000s for a Mount Isa house. Typical rents are around $500 per week and gross returns are about 8%. 
Cloncurry, not far from Mount Isa, is moving into a growth phase because of surrounding mining enterprises. It may also get some economic impact from an evolving uranium industry and has cheaper buy-in prices (median house price about $250,000).
Terry Ryder is the founder of <a target="_blank" rel="nofollow" href="https://www.hotspotting.com.au/">hotspotting.com.au</a> and can be <a target="_blank" rel="nofollow" href="https://www.twitter.com/hotspotting">followed on Twitter</a>.
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terryryder-YECXbqmri2

Mount Isa's property investment potential has improved due to the dirty business of uranium mining: Terry Ryder

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AMP Capital managed funds have acquired Westfield's interest in three of Australia’s best known retail assets, the Macquarie Centre in Sydney, Pacific Fair on the Gold Coast and Garden City Booragoon in Perth, for $1.025 billion.
At the same time, the Westfield entities WDC and WRT have acquired AMP Capital managed funds’ interests in four centres – Garden City Mt Gravatt in Brisbane, a part interest in Warringah Mall in Sydney and Knox and Casey Central in Melbourne – for A$710 million.
It's a restructure of their long-standing joint venture, with the price for all acquisitions and divestments supported by independent valuations. 
AMP Capital managed funds will be a $315 million net buyer of assets and following the simplification of its partnerships with Westfield, the number of co-owned shopping centres is reduced from 10 to four.
AMP Capital has attracted A$872 million in new equity from the Canada Pension Plan Investment Board (CPPIB) and Harina Company Limited, a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA).
The new equity will be invested in the AMP Capital Retail Trust (ACRT), which has interests in Macquarie Centre and Pacific Fair.
Their respective investments will allow these highly regarded international investors to participate in the growth of leading shopping centres located in high population growth areas with significant development opportunities.
AMP Capital managed funds will also invest A$970 million on the redevelopment of Macquarie Centre and Pacific Fair.
The redevelopment of Macquarie Centre will begin immediately and plans for the redevelopment of Pacific Fair are being finalised.
The redevelopments will create premier retail and leisure destinations, positioning both assets in the top 10 of Australian leading regional shopping centres. Planning is also underway for a proposed redevelopment at Garden City Booragoon.
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jchancellor-FAypfDUnLy

Canadian and Abu Dhabi investment injection accompanies Westfield and AMP Capital's $1.7 billion shopping centre restructure

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Property Observer put a straightforward question to leading real estate agents and property industry observers: what practical strategies should agents adopt to sell more residential property?
We hope this eBook, written by veteran personal finance and property journalist Michael Laurence, can help give your sales a much-needed boost in the months ahead during spring 2012.
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Property Observer is Australia's number one property investment website for investors and savvy buyers, featuring property news, property information, market forecasts and expert commentary and analysis.
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We deliver to readers the best property news, advice and analysis from Australia's residential and commercial property markets.
Our industry leading experts deliver wisdom on winning ways in property and provide the fundamental knowledge you need to play the property game.
The site is published by Private Media, an internet publishing company that is owned by some of Australia's most experienced media practitioners including Eric Beecher, John Addis, Chong Weng-Ho and James Thomson.
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amills-dJiEgfh6xZ

50 smart tips for real estate agents to sell more in spring 2012: Free eBook

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Australian property companies have been cutting staff numbers as part of austerity measures in response to a slowing economy, according to a report by human resources group Adviev.
The report found 59% of the 113 surveyed property companies had introduced austerity measures, with most reducing head count by a median of 10% and some by up to 20% over the last six months.
Staff at property development and property finance companies were hardest hit by austerity measures, while property consultants and funds management staff fared the best.
Adviev managing director Rita Avdiev, who has been tracking property company employment since 1987, says a lack of liquidity in the market was affecting property finance and development.
“A new reality has set in as the slowing economy continues to worry companies in the property industry.”
“The forecast slowdown in the resources sector has become a concern and measures are being taken to ride out falling business conditions.”
A range of austerity measures was introduced, including cutting annual pay rises to a median of 3% for senior staff and 3.5% for others.
The cuts, aimed at reducing cost of operations and focusing on corporate expenditure, also included reducing travel expenditure, forcing people to take outstanding leave and axing business or division operations and reducing benefits.
The report found short-term incentives, usually paid in the form of performance bonuses, have remained stable for 59% of companies, with 22% increasing incentives and 19% decreasing them.
The average short-term incentive paid was 18% of total fixed remuneration.
Short-term incentives are forecast to drop next year, while overall median remuneration increases by 3.6%.
 
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<col width="246">
<col>
<col>
<col>
<col width="86">
<col>
<col>
<col>
<col width="136">
<col>
<col>
<col>
<col width="163">
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<tr height="65">
<td height="65" width="246">Position</td>
<td width="86">East coast average March 2012</td>
<td width="136">Median % increase for last reviews to September 2012</td>
<td width="163">Predicted % increase for next reviews, October 2012 - September 2013</td>
</tr>
<tr height="20">
<td height="20">Funds manager (under $1 billion)</td>
<td align="right">370000</td>
<td align="right">4</td>
<td align="right">3</td>
</tr>
<tr height="20">
<td height="20">Portfolio manager</td>
<td align="right">288000</td>
<td align="right">4</td>
<td align="right">3.1</td>
</tr>
<tr height="20">
<td height="20">Development manager</td>
<td align="right">175000</td>
<td align="right">4</td>
<td align="right">3.2</td>
</tr>
<tr height="20">
<td height="20">Operations/property manager (senior)</td>
<td align="right">135000</td>
<td align="right">3</td>
<td align="right">4</td>
</tr>
<tr height="20">
<td height="20">Centre manager</td>
<td align="right">150000</td>
<td align="right">2.8</td>
<td align="right">3.5</td>
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<tr height="20">
<td height="20">Specialist valuer</td>
<td align="right">152000</td>
<td align="right">2.5</td>
<td align="right">4.5</td>
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<td height="20">Assistant architect</td>
<td align="right">50000</td>
<td align="right">3.8</td>
<td align="right">3</td>
</tr>
<tr height="20">
<td height="20">Senior project manager</td>
<td align="right">147000</td>
<td align="right">3.1</td>
<td align="right">3.5</td>
</tr>
<tr height="20">
<td height="20">Consultant</td>
<td align="right">75000</td>
<td align="right">3.5</td>
<td align="right">3</td>
</tr>
<tr height="20">
<td height="20">Contract administrator</td>
<td align="right">120000</td>
<td align="right">3.8</td>
<td align="right">4</td>
</tr>
<tr height="21">
<td height="21">Design manager</td>
<td align="right">134000</td>
<td align="right">3.8</td>
<td align="right">3.9</td>
</tr>
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</table>
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Property companies cut jobs given difficult market conditions

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Westfield Group has sold its stake in the nine-hectare Bradford Centre development site in northern England to London-based investment manager Meyer Bergman.
Meyer Bergman and two major Canadian pension funds bought the property for book value, reportedly around £200 million ($320 million).
Meyer Bergman’s purchase of the centre is subject to the start of the development, which is now expected to cost £260 million from the second half of 2013.
<a target="_blank" href="https://en.wikipedia.org/wiki/Westfield_Bradford">Bought by Westfield in 2004</a>, the site was earmarked for a £300 million Westfield mall but the project did not proceed nor a scaled-back £275 million scheme.
Meyer Bergman has appointed Westfield to develop, design, build and then manage the centre, which comprises 550,000 square feet of space anchored by Debenhams, Marks &amp; Spencer and Next.
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Westfield Group sells stake in nine-hectare northern England development site

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After his seven year term the Australian Tax Commissioner Michael D’Ascenzo will step down at the end of the year to join the Foreign Investment Review Board.
It will conclude 35 years at the Australian Taxation Office.
Mr D’Ascenzo’s departure adds to other departures by tax officers in the ATO’s upper echelons as two of the three second commissioners – the next most senior level – departed earlier this year.
Jennie Granger headed off to the UK revenue authority, while David Butler left to private consultation.
The remaining second commissioner, Bruce Quigley is tipped to retire next year, when his term expires, according to the Australian Financial Review.
Treasurer Wayne Swan said Mr D’Ascenzo had positioned the ATO for a strong future by driving online, service, cultural and technological change, and has put the taxpayer at the heart of the ATO’s thinking.
In an email to the ATO’s 24,000 staff, Mr D’Ascenzo said he would “sincerely miss the institution.”
Mr D'Ascenzo will act as a non-executive member of FIRB for five years from January 2013.
"The impact of foreign investment proposals on taxation is one of the national interest considerations taken into account in assessing foreign investment applications," Treasurer Wayne Swan said in a statement.
 
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Tax Commissioner Michael D’Ascenzo to join FIRB

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As two properties within the portfolio are under offer, Provident Capital's creditors have voted to liquidate the $130 million subprime lender, rejecting the proposal of its directors to continue via a deed of company arrangement.
The court appointed administrators were sought by Australian Executor Trustees Limited (AET) in July this year following concerns raised with the Federal Court by AET that there was a deficiency in net tangible assets available to meet the claims of debenture holders.
AET indicated it did not support the deed of arrangement proposal on the basis that it was not in the best interests of debenture holders.
The Australian newspaper said Provident's receivers, PPB Advisory, were likely investigate the actions of directors in the lead-up to the collapse.
Its focus will be on why the group appeared to have failed to report tens of millions of dollars in paper losses.
It's also said to look at why Provident didn't sell more than $50 million worth of properties it has repossessed to recoup some of those losses nor apparently mark down the values on those properties as values declined.
Provident collapsed with over 90% of loans by value totalling around $100 million in arrears.
As at September 30, 2012, 95% of the loan portfolio by value was comprised of non-performing loans to borrowers.
The court-appointed administrators were sought by Australian Executor Trustees Limited (AET) in July this year. 
They are currently in possession of 18 loans, after taking possession of a further two loans in September.
The receivers are in the process of making an application to the Federal Court of Australia in order to seek clarification in respect of  aspects of the trust deed in relation to the mechanics of convening formal meetings and making distributions to debenture holders.
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Provident Capital's creditors vote to liquidate 

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The new and existing house markets of Ipswich and Yamanto on Brisbane’s fringe are expected to benefit directly and indirectly from the recently introduced new $15,000 first-home owners construction grant (FHOCG), according to new research from PRDnationwide.
The property group has released reports on the <a target="_blank" href="/news">Ipswich </a>and <a target="_blank" href="/news">Yamanto </a>property markets and forecasts that both will benefit from an “influx of young budget-conscious buyers since the introduction of the FHOCG on September 21".
The grant applies to new property bought or built at a value under $750,000.
Ipswich is 40 kilometres west of Brisbane and considered part of the greater Brisbane metropolitan area, while the adjoining Yamanto local area comprises the suburbs of <a target="_blank" href="/news">Raceview</a>, <a target="_blank" href="/news">Flinders View</a> and Yamanto.
As the chart below shows, Ipswich house sales are starting to trend up following a number years of declining sales.
Click to enlarge
<a href="/images/stories/2012/10/prdoct25.gif" rel="shadowbox" title="Click to enlarge"><img src="/images/stories/2012/10/prdoct25thumb.gif"></a>
According to the PRDnationwide Ipswich report, a combination of the FHOCG and the reinstatement of transfer duty concessions “provide an exceptional saving for first home buyers who are considering building”.
First-home buyers pay no stamp duty on land valued up to $400,000, an additional saving of $5,520.


<hr class="system-pagebreak">
“The availability of competitively priced house and land offerings in the immediate area is likely to be the key draw card to buying new," say PRDnationwide research analyst and Ipswich report author Robert Matta.
“Already developers are noting an increase in buyer enquiry and have been successfully unloading old stock to bring forward mooted stages in their estates. It is expected that volumes will trend upwards on the back of this new incentive at least for the short term.” 
There is also an expectation among local property analysts of a flow-on effect to the existing house markets as sellers are forced to discount properties in order to compete with developers.
PRDnationwide Ipswich principal Peter Mendoza says activity is trending upwards.
“Sales are up 25% on last year,” he says.
“Over the past few years a lot of people put things on hold but we get the feeling there’s a lot more confidence in the market now and people are starting to list and sell.”
According to PRDnationwide research, 30% of total sales in the Ipswich area occurred in the sub-$250,000 price range in the 12 months to June 2012, compared with 15% in the June 2010 period.
The median Ipswich house price sits at $293,000, which is 35% cheaper than compared with inner Brisbane.
“This is a major draw card even for those who work in the Brisbane CBD or surrounds,” he says.
PRDnationwide also highlights census population data, which shows that the Ipswich municipality has demonstrated the highest average annual population growth rate (3.9%) from 2006 to 2011 across the south-east Queensland region.
In Yamanto, the volume of house sales is up 22.7% over the past 12 months to June 2012.
However, house prices have fallen 4.6% over this period to a median of $310,000, with Yamanto following the trend of the wider Ipswich municipality, with the correction to prices improving buying conditions. 
Activity in the Yamanto Aarea vacant land market has also turned a corner to register 40 settled transactions during the June 2012 period, almost double the number recorded during the June 2011 period.
Land prices were down 12.7% to $165,000 for the June 2012 period.
“In the Yamanto, Flinders View and Raceview region we are experiencing a lift in enquiry for established houses,” says PRDnationwide Yamanto principal Roger Muller.
“There are great buys out there in all styles of homes. More listing are needed to supply buyer’s varying requirements.
“With good land prices, some buyers are opting for house and land packages.”
Rental properties are also in high demand, he says, because of good returns on offer.
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lschlesinger-FZcF9M3vE6

New $15,000 construction grant to spur on recovery of Ipswich property market: PRDnationwide

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The former prime minister Gough Whitlam has listed the Darling Point, Sydney, flat that he and his late wife, Margaret, lived in for more than 35 years.
The three-bedroom, two-bathroom <a target="_blank" href="/news">Darling Point</a> apartment was acquired by Gough and Margaret in 1975, and they moved into the flat after The Dismissal.
Margaret Whitlam died in March this year, and the former prime minister now resides at Lulworth, the St Luke's aged care facility in Elizabeth Bay.
Its McGrath listing agents Ben Collier and Bernadette Berlyn expect around $1.2 million at its November 17 auction.
The vacated apartment has been styled by the agency.
It's in a block of 10 on Marathon Road and comes with a swimming pool.
Title Tattle recalls for privacy Gough identified himself, from time to time, on the building's list of tenants in the lobby as Miltiades, the Greek general victorious at the Battle of Marathon against the Persians in 490 BC.
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