<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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Live music venue the Sandringham Hotel, in Sydney’s Newtown, has been sold for just short of $3 million.
It was sold at an undisclosed price by receivers Ferrier Hodgson who were appointed to the King Street property in July.
The new owners have indicated an intention to run the business as a live music venue.
The purchaser details were kept confidential, but according to <a href="https://www.tonedeaf.com.au/news/local-news/217446/sando-controversially-sold-bank-newtown-social-club.htm">TonedDeaf website </a>it was sold to Tim Northeast, Matthew Everett, Richard Ludbrook, and Andrew Mansfield, who own Melbourne’s Corner Hotel and Northcote Social Club.
The pub will reportedly continue to operate in the hands of the receivers until December, at which time it will be closed for extensive renovations before reopening as the Newtown Workers Club.
The sale will ends ownership by Tony Townsend who was forced out of the business by his bank, BankWest. He paid $3.28 million in 2005. 
Several hotel sales in Newtown in recent months have included The Marlborough which sold to <a href="https://www.propertyobserver.com.au/leisure/john-singleton-backed-riversdale-group-adds-marlborough-hotel-in-newtown-to-%2485-million-pub-portfolio/2012090656439">John Singleton's consortium for $12.175 million </a> and The Bank sold to pub baron Bruce Solomon for about $11 million.
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jchancellor-FAypfDUnLy

Newtown's Sando Hotel sells to Melbourne syndicate

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The Brisbane residential market slipped further into undersupply in the September quarter as the vacancy rate tightened from 2.1% to 1.7%. according to the latest data from Real Estate Institute of Queensland (REIQ).
A balanced market between landlords and renters is said to exist at a vacancy rate of 3%.
In the Brisbane suburbs, the rental vacancy rate tightened noticeably from 2.4% to 1.9% while in the already tightly held inner Brisbane market (within five kilometres of the CBD), the vacancy rate fell from 1.6% to 1.5%.
<img src="/images/stories/2012/10/reiqoct23.gif">
Property managers attributed the further tightening in the inner-Brisbane market to slower market activity over the three-month period, with tenant interest highest for new properties.
In the suburbs, estate agents attributed the fall in vacancy rates mostly to do with a lack of buying activity from investors as well as some investors opting to sell their properties instead of renting them out.
The tightening of the rental market extended into the outer reaches of the Brisbane market, with the Brisbane surrounds, which includes <a target="_blank" href="/news">Ipswich</a>, <a target="_blank" href="/news">Logan</a>, Moreton Bay and Redland City, posting a vacancy rate of 2.2%  – down from 2.7% at the end of June.
REIQ chief executive Anton Kardash says vacancy rates are continuing to trend into undersupply territory as investor activity slowly swings back into life.
REIQ analysis of ABS data shows there were about 3,900 dwellings financed to Queensland investors in August – up 19% on the same period last year – but still well below the historical figure of 5,000 dwellings financed per month.
‘‘The rental market across Queensland has been constricted for more than two years now,’’ Kardash says.
‘‘The reasons for this have been the low numbers of investors in the marketplace as well as the generally slow property sales market over the period.
‘‘With the reduction in the numbers of properties being added to the rental pool, we are seeing more demand for a much smaller supply of properties.’’
The Gold Coast posted a vacancy rate of 3.5% – an improvement on 4% in June, while on the Sunshine Coast the vacancy rate tightened from 3%to 2.5%.
On the Gold Coast, the REIQ says demand is predominantly for houses over units, while higher-end properties are also doing well.
“The majority of rental properties [on the Sunshine Coast] are taking one to two weeks to relet and are attracting between two and five applicants,” says the REIQ.
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lschlesinger-FZcF9M3vE6

Brisbane vacancy rate tightens to 1.7% as investors hold back or sell: REIQ

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Cast your mind back to 2004 and some may recall the Lombard paper factory in Travancore looking a little worse off after a big night on the gaspers. 
<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/lombards_1311_wideweb__430x207.jpg" rel="gallery-all" title="image courrtesy The Age"><img alt="" class="image-large" src="http://urbanmelbourne.info/sites/urbanmelbourne.info/files/styles/large/public/pictures/article-images/lombards_1311_wideweb__430x207.jpg" title="image courrtesy The Age" typeof="Image"></a>
Fast forward to late 2012 and Bensons Property Group successfully delivered ALT, the third and final stage of the Lombard site redevelopment. Designed by Fender Katsilidis and built by Hickory, the complex stands as a monument to urban renewal. At 25 levels and bound by Mt Alexander Rd, Railway, Creek and Citylink/Flemington Bridge station, ALT's exposed position and pronounced form makes for an imposing sight and an interesting backdrop to ‘the cheese stick’ as drivers enter the City of Melbourne.
Of particular interest are three commissioned art pieces throughout the complex, whilst another sits atop the pedestrian entrance facing Mt Alexander Rd. ALT's website blurb reads as follows:
“The company's philosophy that fine art inspires and stimulates our senses as well as reflecting our society. The Alexander Lombard Tower will exhibit specially commissioned art and sculpture that enhances the Travancore experience. Distinctive sculptures 'Roaring Bull' by <a href="http://www.avanderzweep.com.au/" target="_blank">Anthony Van der Zweep</a>, 'Distilled Space' by <a href="http://augustinedallava.com.au/" target="_blank">Augustine Dall'Ava</a> and ''Le Chevalier aux Miroirs" by <a href="http://alexanderknox.com/" target="_blank">Alexander Knox</a> are just three of these commissioned works.”
 
<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/Img_5004.jpg" rel="gallery-all" title="Roaring Bull"><img alt="" class="image-article-full-width-702px" src="http://urbanmelbourne.info/sites/urbanmelbourne.info/files/styles/article_full_width_702px/public/pictures/article-images/Img_5004.jpg?itok=zGoPBKfj" title="Roaring Bull" typeof="Image"></a>
<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/Img_5005.jpg" rel="gallery-all" title="Distilled Space"><img alt="" class="image-article-full-width-702px" src="http://urbanmelbourne.info/sites/urbanmelbourne.info/files/styles/article_full_width_702px/public/pictures/article-images/Img_5005.jpg?itok=ikeQOgMi" title="Distilled Space" typeof="Image"></a>
<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/Img_5013.jpg" rel="gallery-all" title="Le Chevalier aux Miroirs"><img alt="" class="image-article-full-width-702px" src="http://urbanmelbourne.info/sites/urbanmelbourne.info/files/styles/article_full_width_702px/public/pictures/article-images/Img_5013.jpg?itok=lpsKES2G" title="Le Chevalier aux Miroirs" typeof="Image"></a>
<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/Img_5012.jpg" rel="gallery-all" title="Le Chevalier aux Miroirs"><img alt="" class="image-article-full-width-702px" src="http://urbanmelbourne.info/sites/urbanmelbourne.info/files/styles/article_full_width_702px/public/pictures/article-images/Img_5012.jpg?itok=hxvfVKBW" title="Le Chevalier aux Miroirs" typeof="Image"></a>
<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/Img_5008.jpg" rel="gallery-all" title="A further artwork facing Mt Alexander Rd"><img alt="" class="image-article-full-width-702px" src="http://urbanmelbourne.info/sites/urbanmelbourne.info/files/styles/article_full_width_702px/public/pictures/article-images/Img_5008.jpg?itok=mpjo-KMp" title="A further artwork facing Mt Alexander Rd" typeof="Image"></a>
Whilst not world beaters, these pieces represent a concerted effort by the developer to enhance the social/urban experience and stimulate passers-by; a stance not often taken by developers and not often championed by local councils. A variety of pictures of the completed Lombard development are below.
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silvermb

The Paper Castle

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Sydney entrepreneur Drew Muirhead is now seeking to sell his unsold five-bedroom Cottage Point waterfront on Sydney's Pittwater in 12 shares, each costing more than the average Sydney home.

It has been given a nominal $7.8 million value, with each portion listed in $650,000 part ownership shares, while he would retain two himself.
The house was briefly listed for sale in late 2006 and then almost ever since April 2010 with $10 million plus hopes through four different estate agencies.
It's possibly the biggest house within one of Sydney's smallest suburbs, Cottage Point, complete with infinity-edge pool, spa, jetty and pontoon.
Last traded for $1.7 million in 2005, the vendor has previously rejected the suggestion the almost $3.5 million he spent building his dream home was an overcapitalisation.
He says when he had hopes of selling for more than $10 million, he had interest at $8 million.
Designed by architect Richard Cole, it has water views from every room with its pitched ceiling expanding the view to include the bushland behind.
Fractional ownership is a model used in the US and Europe.
"It is not time share," Drew Muirhead says.
“I have chosen this method because the market is at an all-time low and the top end is getting hammered, so I have been researching for the last 12 months to see what else I can do.
"There are few people who have $6 million to $8 million to buy a holiday house these days, and the strength of the Australian dollar is killing the greenback, so we have no expats investing – which is probably where I would expect the buyer to originate,” Muirhead says.

The five-bedroom home was featured on Grand Designs Australia in 2010.
It has been rented out for $20,000 a week in the peak season, with Australian actress Kim Wilson once calling it her "perfect piece of Sydney paradise".
Muirhead is offering the property under a co-ownership agreement drawn up by PodProperty chief executive Jeremy Levitt, who says the method has become more popular especially for holiday homes.
"The owners will have a deeded share of the title of the bricks and mortar and can use their share for their own holiday stay, or rent out your time for a great return," Levitt says.
Trent Brewer of Ray White Terrey Hills says there is usually only one sale a year in <a href="/news">Cottage Point</a>, the highest being $6.45 million in 2008.
Have you had experience with part ownership in a holiday property? <a href="mailto:news@propertyobserver.com.au">Tell us your thoughts.</a>
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Cottage Point waterfront carved up into 12 portions with expatriate buyer expectations

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Brownlow medalist Jobe Watson's Melbourne investment property play has been sold.
His three-bedroom <a href="/news">Albert Park</a> investment cottage had lingered unsold on the market since its early August listing, then passed in on a vendor bid of $970,000 at its September 1 auction.
The Richardson Street was purchased for $930,000 in December 2007, having previously traded at $880,000 in mid-2007.
Late September inspectees were told there was a flexible $980,000 asking price on the attractive freestanding double-fronted Edwardian brick residence.
Its most recent price indication was $959,000, but Property Observer gathers it might have sold at around $905,000.
No sale price has been declared by the <a href="https://www.realestateview.com.au/Real-Estate/richardson-street-albert-park/Property-Details-sold-residential-4276135">Cayzer Real Estate Albert Park listing agency, </a>which secured the sale on October 18.
Watson lives elsewhere in Albert Park, where he paid $780,000 in 2009.
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Jobe Watson sells Albert Park investment cottage 

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The auctions market has continued to show signs of ongoing strength, with clearance rates remaining above 60% in the major capital cities.
The moves comes after several weeks of positive property data, including price rises recorded by RP Data, Rismark International and the Australian Bureau of Statistics. Clearance rates have also remained above 60% and are up compared to the same time last year.
Analysts also suggest another rate cut will help boost sentiment even further, following on from the Reserve Bank's decision to slash rates by 25 basis points earlier this month.
According to the Real Estate Institute of Victoria, Melbourne recorded a clearance rate of 62% compared to 60% last week and 53% this same time last year. But chief executive Enzo Raimondo said the main test for the market is yet to come.
"A significant test for the market will occur next weekend when around 1,200 auctions are expected, the highest number for a weekend since December in 2010."
SQM Research managing director Louis Christopher says it's a good sign – and says clearance rates could reach as high as the high 60s or even low 70s by February or March if conditions continue.
"We're really seeing that results are higher than at this time last year, and it's been happening for a large number of consecutive weeks."
"We could see auction clearance rates reach even higher next year, if conditions continue."
Sydney recorded a clearance rate of 56%, down from last week's rate of 60%, but up from last year's 52% result.
A report out today from BIS Shrapnel suggests housing market conditions in the capital cities will continue to improve, but that a small boom in prices wouldn't actually help long-term recovery.
This article first appeared on SmartCompany
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pmcstafford-pr9eMARWoN

Weekend auctions show continued signs of strengthening

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Whispers of a $17 million Toorak sale all point to funds manager Ron Dewhurst selling his Landale Road mansion in an off-market deal through Kay &amp; Burton earlier this month.
The home was built by Sir Macpherson "Mac" Robertson, of MacRobertson's Chocolates fame.
The initial report of its sale,  just a day after contracts were signed, suggested a $16 million sale, which on finalisation could rank as Melbourne's highest sale this year.
<a href="/news">It had stood at $12.5 million in Hawthorn</a>.
The mooted Toorak buyer is the chief executive of listed pharmaceuticals supplier Ascent Pharmahealth Dennis Bastas and his wife, Georgina, who currently live in Brighton.
It would represent a quick relocation as their contemporary Brighton abode was only bought through Hockingstuart late last year and settled in January this year for $3.12 million. 
The Toorak mansion had been listed by the head of global investment management at Legg Mason Inc., Ron Dewhurst, who now lives in New York.
At the time of its 2003 purchase Ron Dewhurst and wife Katie were returning from New York where he'd been with JP Morgan Fleming to give their children a Melbourne education.
They purchased the Landale Road home in 2003 from former television personality Steve Vizard for $6.4 million.
Steve Vizard had bought Victor and Loti Smorgon's Landale Road house for $5.6 million in 2001 before the downsizing Smorgons moved into their Hotel Como apartment.
The Toorak home has up to eight bedrooms, a tennis court and a lift.
No official confirmation has yet been coming from Kay &amp; Burton.
Noting the reputed sale, the buyers agent Mal James suggested the top of the top end in Melbourne  was "by no means flying."
"It’s still on life support numbers-wise, but there is a pulse," he wrote on his website.
Robertson died in 1945 and in 1967 his heirs sold the company, which made Cherry Ripe, Freddo, Old Gold and Snack, to the English confectioner Cadbury.
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Reputed $17 million Toorak sale takes the chocolates

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Melbourne real estate network, the Barry Plant Group has 100 jobs on offer throughout its 80 office network.
The tally came after a survey of its current recruitment ads.
The survey found that there were positions available for 60 sales people, 16 property managers, eight administration staff and 16 mortgage brokers.
Barry Plant CEO Mike McCarthy said the offices were targeting candidates with and without industry experience.
"Contrary to the trend in the market, the Barry Plant Group has sold more properties this year than last year and is looking for both experienced and new to industry people.
"Also with over 25,000 properties to manage, we are seeking people wanting careers in property management."
The experienced mortgage brokers were being sought following the launch of their new mortgage broking division.
The dates and locations of careers evenings are on the website <a href="https://www.barryplant.com.au">www.barryplant.com.au</a>.  
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Barry Plant Group has 100 jobs on offer

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South Australian first-home buyers have the chance to secure $23,500 from the state government, provided they build a new home.
The $23,500 handout comprises a doubled first-home owner grant of $15,000 for contracts entered into on or after October 15 and up to a value of $575,000, plus a further $8,500 housing construction grant (HCG). The housing construction grant replaces the $8,000 first-home bonus grant.
The HCG is available to all builders of new homes for properties valued up to $400,000, phasing out for properties valued up to $450,000 where contracts are entered into between October 15, 2012, and June 30, 2013, inclusive.
Concessions could rise by $21, 330 if first-home buyers buy an apartment off the plan in the Adelaide CBD. This part of a new stamp duty concession scheme available on the transfer of a new CBD apartment or a "substantially refurbished apartment" for a contract entered into from May 31, 2012, to June 30, 2014, capped at stamp duty payable on a $500,000 apartment.
The reforms were announced by South Australian Premier Jay Weatherill and Treasurer Jack Snelling, who said they were “unashamedly about trying to kick start investment in new-built homes”.
In the last financial year, 8545 new homes were approved in SA, down from 12,560 in 2009-10.
Here’s a run-down of what’s available in each state:
NSW
A first-home buyer who purchases a $550,000 new home will get $35,240 in assistance.
This comprises a $15,000 grant for first-home owners who purchase or build a new home valued at up to $650,000. The grant is available until December 31, 2013, reducing to $10,000 from January 1, 2014.
Non-first-home buyers who buy a new home are eligible for $5,000 whether the new home is off the plan or newly built with a value up to $650,000, The $5,000 grant is also available to buyers of vacant land that is intended to be the site of a new home valued up to $450,000.
First-home owners are also eligible for a maximum stamp duty saving of $20,240 for homes up to a value of $550,000 with duty concessions for new homes valued between $550,000 and $650,000. The transfer duty exemption cap on vacant land is $350,000, with duty concessions for vacant land valued between $350,000 and $450,000.
 
<hr class="system-pagebreak">
 
Queensland
A $15,000 first-home owner construction grant (FHOCG) is available. The FHOCG applies to new property bought or built at a value under $750,000.
First-home buyers also pay no duty on purchases up to $500,000, with a phasing-out rebate applicable for values up to $600,000. 
For non-first-home buyers, the Queensland government offers a concessional stamp duty rate of 1% up to a value of $350,000, with stamp duty charged at normal rates for the remaining value of the home purchase. The buyer must occupy the home for a period of 12 months – an applicant may lose the concession if he sells or leases part or all of the home before moving in or within a year of moving in.
Victoria
A $7,000 first-home owner grant remains in place for both existing and new homes where the price of the property or construction of the home does not exceed $750,000.
From January 1, 2013 the <a href="https://www.sro.vic.gov.au/sro/sronav.nsf/LinkView/C88211C9E07486F0CA2578B70001025018E490D796850F8ECA2575C1008187C7">existing 20% stamp duty discount first-home buyers spending less than $600,000 on a house purchase will be increased to 30%.</a>
The stamp duty discount will rise to 40% on January 1 2014 and to 50% on September 1, 2014.
To qualify for the stamp duty discount, first-home buyers must also qualify for the federal $7,000 first-home owners’ grant.
WA
A $7,000 first-home owner grant remains in place for a newly constructed or established home. It does not apply to vacant land purchased to build a new home. The total value of the home must not exceed $750,000 if the property is located south of the 26th parallel of South Latitude, or $1 million if located north of the 26th parallel of South Latitude. First-home buyers eligible for the $7,000 grant pay no stamp duty on homes valued up to $500,000 and up to $300,000 for vacant land.
ACT
A $7,000 first-home owner grant remains in place for both existing and new homes where the price of the property or construction of the home does not exceed $750,000.
Tasmania
A $7,000 first-home owner grant remains in place for both existing and new homes, with no cap on the value.
Northern Territory
A $12,000 first home owner grant is available up to a maximum of $600,000 if the home is an established home in the urban area.
An urban area means all land located wholly within the boundaries of:
<ul>
<li>the Darwin, Palmerston or Litchfield municipalities;</li>
<li>Wagait Shire;</li>
<li>the Darwin Waterfront Precinct;</li>
<li>the “prescribed area” for the Darwin Rates Act.</li>
</ul>
Outside of urban areas, the grant amount is $25,000.
South Australia
South Australian first-home buy­ers buying off the plan have the chance to secure up to $23,500 from the state govern­ment, provided they buy or build a new home.
The $23,500 handout comprises a doubled first-home owner grant of $15,000 for contracts entered into up to a value of $575,000, plus a further $8,500 housing construction grant (HCG) available until June 30 2013.  
The HCG is available to all builders of new homes for properties valued up to $400,000, phasing out for properties val­ued up to $450,000 where contracts are entered into between October 15, 2012, and June 30, 2013, inclusive.
If you are purchasing a new or substantially refurbished apartment:
<ul>
<li>within the area of the Corporation of the City of Adelaide;</li>
<li>on any land within the area where the Bowden Redevelopment project (Bowden Village); or</li>
<li>on any land located within the area known as 45 Park, Gilberton;</li>
</ul>
you may be eligible for an off the plan stamp duty concession of up to $21 330 (capped at stamp duty payable on a $500 000 apartment), if your contract to purchase was entered into between 31 May 2012 and 30 June 2014. This concession is in addition to the first home owners grant.
If eligible, no stamp duty will be payable where the apartment has a market value of $500 000 or less. Where an apartment purchased has a market value greater than $500 000, you will be entitled to a stamp duty concession of $21 330. A calculator is available on the RevenueSA.sa.gov.ua website to determine the stamp duty payable and concession that could be applicable.
A partial concession will be available for contracts entered into between 1 July 2014 and 30 June 2016.
South Australian first-home buyers of established homes are entitled to a $5,000 first home owner grant expiring on June 30 2014.
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State-by-state guide to first-home buyer grants as SA offers $23,500 new home carrot

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The historic Victoria Street residence Overcliffe has been finally sold at about $2.75 million. It recently passed in at auction on a $2.8 million vendor bid.
It’s the 1876<a target="_blank" href="/news"> Potts Point</a> cottage of master mariner George Kenny.
The landmark house was restored by the Fink family, who built a modern rear three-storey extension designed by architects Clinton Murray and Shelley Penn.
Leon Fink had previously secured permission to substantially demolish the timber cottage but then had second thoughts for the 299-square-metre block.
Before Fink it was the barrister Charles Waterstreet who'd bought the cottage in 1980 for $112,000, selling it reluctantly to the Fink family for $842,000 in 1988.
It was the house briefly in the headlines when actress Kate Fitzpatrick unsuccessfully sought Supreme Court orders in 1996 claiming a 10% stake dating back to her relationship with Waterstreet between 1979 and 1982.
The latest vendors were Bob and Helen Hargreaves, who were the 1985 founders of Le Forge, the hand-forged furniture manufacturers.
<a target="_blank" href="https://www.mcgrath.com.au/buy/house-potts-point-nsw-2011/164149/?searchID=22949841">Overcliffe</a> had been listed through with initial $3.7 million-plus hopes in February 2012.
It sold through McGrath agent Chris Chung.
It last traded at $3.1 million in 2009.
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