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

Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

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

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

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

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

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

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

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

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

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<img src="/images/stories/2012/1620york.gif" alt="1620york" height="225" width="400">
An art deco apartment with a sleek bathroom is going under the hammer this weekend with strong buyer interest.
For those who want to have a harmless punt, there's now a tipping website, <a target="_blank" href="https://www.propertytycoon.com.au/">www.propertytycoon.com.au</a>, where punters can guess auction five results in Melbourne and Sydney, with no outlay. It's mostly about testing your market knowledge with a small cash prize as a sweetener.
You will be hard pressed to find a better bayside apartment than <a href="https://propertytycoon.cmail4.com/t/r-l-hkijuiy-ekdeljij-j/">2/16-20 York Street, St Kilda West</a>. Only minutes walk to the beach and Fitroy St shops the two bedroom apartment has an open plan kitchen, dining and living area. It also has its own separate entrance and a lock up garage.
The apartment has been tightly held with no recorded sales over the last 30 years. Agent Daen Ziegler from Chisolm Gamon has indicated the vendors reserve will be between $600,000 - $650,000.
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St Kilda West offering in Property Tycoon auction tipping competition

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The new Gold Coast Mayor Tom Tate wants to rid Surfers Paradise of its last few blackholes signalling out the Sultan of Brunei, Hassanal Bolkiah, whose investment company has sat on a prime vacant commercial holding for 16 years.
One of the world's richest men, the Sultan of Brunei paid $15 million in 1996 for the vacant land. It has a current $15.5 million land valuation.
The Gold Coast Bulletin suggested the Sultan had done nothing more with it than taking a quick look ath 3241 Gold Coast Highway when on his annual holiday. Cr Tate has expressed concern the 7558 square metre site is still being used for nothing more than a council car park.
"I will put pen to paper and invite him to invest in this city," he said. "I want to welcome him to start developing the land." Cr Tate said he could understand why the Sultan and others had failed to develop land here in recent years. "The city was not moving forward before but there are so many things happening here now," he said. "There has been a change of government at local and state level and things like infrastructure charges will be lowered on developments. "We have the Commonwealth Games coming and the light rail being built. All these ingredients are coming together." Member for Moncrieff Steve Ciobo has suggested the site was ideal for a casino-resort development. There are few opportunities left for major tourism projects with the Bulletin pinpointing the prime sites remaining in Surfers Paradise as the 1.18 hectare site owned by Thakral at Budds Beach, the Raptis Group's Iluka site, the central Surfers Paradise Boulevard Orix site and The Forum and Lido Arcade site.
The Sultan also bought a Brisbane property in 1996 paying $32.5 million for the iconic Royal on the Park hotel. Its latest land valuation sist at $50 million.
The properties are held through Dermajaya Properties (Southern Pacific) Sdn Bhd with directors including Hjh Hartini binti Haji Abdullah, who until last week was the acting managing director of The Brunei Investment Agency, which is the financial and investment arm of the oil-rich sultanate. Brunei Investment Agency is the main agency that holds and manages the Government of Brunei's General Reserve Fund and their external assets.
Last week The Brunei Times reported by command of His Majesty the Sultan that Hjh Hartini Hj Abdullah was being transferred to the Ministry of Finance (MoF) as senior special duties officer.
The local company's last reported annual profit was $236,000 after income tax. 
Lawyers for Dermajaya Properties have written August 13, 2012 to clarify information contained in a recent article concerning land at Gold Coast Highway, Surfers Paradise. "The land in question has nothing to do with the Sultan of Brunei but is in fact owned by Dermajaya Properties (SP) Sdn Bhd, a Bruneian company which has various investments in Australia. The company is wholly-owned by the Brunei Investment Agency. "The whole of the land is presently subject to a three-year lease to Gold Coast City Council to enable Council to operate a car park. Former Gold Coast Mayor Ron Clarke personally approached Dermajaya Properties (SP) Sdn Bhd in December 2011 and requested the company grant a lease to Council to provide parking for Surfers Paradise business patrons after Council's car park opposite the site was closed for use by Gold Coast Light Rail. "Although the land is leased to Council until 2015 and despite property development being difficult considering current market conditions on the Gold Coast, the company is constantly reviewing opportunities for the land as part of good corporate governance.
"All necessary approvals were obtained in respect of the original purchase of the property by the company and have been complied with, including FIRB." the lawyers advised. 
 
 
  
 
 
 
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Gold Coast mayor suggests the Sultan of Brunei rid Surfers Paradise of his dormant building site

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In a move that comes after Darrell Lea being placed into voluntary administration and closing 32 shops, Haigh’s Chocolate is opening a second Sydney store in the Queen Victoria building.
The company’s first Sydney store opened seven years ago in the Strand Arcade and say the latest opening comes in response to strong consumer demand.
“An opportunity arose in the iconic QVB building and the company believed that this site and the Haigh’s brand were an ideal fit,” great-grandson of the founder Albert Haigh, and current joint managing director, Alistair Haigh told Fairfax Media.
“We are now awaiting approval from council.”
Darrell Lea was placed into administration in July after 85 years of business in Australia. The company blamed the expansion of chocolatiers and chocolate cafes like Haigh’s, Max Brenner, Gânache Chocolate, and Theobroma.
Darrell Lea’s administrators, PPB Advisory, have announced that they will close 32 of their shops, making 198 casual, part-time and full-time staff redundant. The closures include the Darrell Lea QVB store.
Darrell Lea stores to be closed
ACT: Belconnen Mall, Tuggeranong Hyperdome and Woden Plaza
NSW: Blacktown Westpoint, Bondi Westfield, Broadway, Burwood Westfield, Carlingford, Gorokan Lake Haven, Liverpool Westfield, Merrylands, Miranada Fair, Parammatta Westfield, QVB Sydney, Roselands Centro, Rouse Hill and St Ives Shopping Town.
VIC: Doncaster Shopping Town, Highpoint West Shopping Centre, Swanston Street, Northland Shopping Centre and Southland Shopping Centre.
QLD: Broadbeach Pacific Fair, Southport Australia Fair, Upper Mt Gravitt, Robina Town Centre and Toombul Westfield.
SA: Westfield Tea Tree Plaza.
WA: Hilarys Whitford City, Morley Galleria, Cannington Westfield, Joondalup
It leaves 34 Darrell Lea stores set to remain open, some of these as franchises.
PRB Advisory’s Mark Robinson says closing underperforming stores will make it easier to sell the business.
“While this is a very unfortunate development, our objective at this time is to make Darrell Lea more attractive to potential purchasers, and help protect the interests of the remaining 480 employees,'' he says.
He says even prior to being placed in administration, the company was already considering closing stores.
The new Haigh’s store will be in the premises currently occupied by Adidas which is due to move out. The space fills the ground floor at the southern entrance to the building.
Haigh’s was founded in Adelaide by Alfred E. Haigh in 1915. They claim to be the oldest family-owned chocolate manufacturing retailer in Australia. It currently has six Adelaide stores, six Melbourne stores and one in Sydney They have more than 300 employees across their 13 stores.
It’s flagship Melbourne store is located in the historic Block Arcade in Collins Street.
The flagship Adelaide store opened in 1915 in the historic Beehive Corner building on the corner of Rundle Mall and King William Street.
Darrell Lea was founded in 1927 and up until now employed about 700 staff through its manufacturing and retail divisions.
 
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Haigh's sweet success in Sydney, as Darrell Lea closes 32 shops including Bondi Westfield

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Kubba Roonga, the Blue Mountains guest house where Sir Donald Bradman took Jesse for their 1932 honeymoon, remains listed for sale after its auction scheduling last month.
It’s a rambling 1915 Blackheath guest house with seven ensuited bedrooms that comes with a $750,000 plus asking price.
Normally associated with Bowral, Australia's most famous sportsman had a soft spot for Blackheath, having knocked up his fastest century – off 22 deliveries – at the local cricket oval shortly before his 1932 stay.
<img src="/images/stories/kubba1.jpg">
Kubba Roonga has a AAA four-star rating.
Set about 120 kilometres from Sydney, Kubba Roonga sits on 1,315 square metres of English-style gardens close to the spectacular Grose Valley.
The house has open fireplaces, polished timber floors and stained glass windows. There’s a commercial kitchen and restaurant dining space for house guests.
Ray White Blackheath agent Peter Torok had it listed along with the adjoining 695 square metre Arcadia Road property, which after its 1915 construction served as the manager’s cottage.
The manager's cottage has a $440,000 asking price.
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Kubba Roonga, the Don's Blue Mountains honeymoon retreat, remains listed

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South Australia has emerged as the state with the highest expectations of strong growth in investor activity.
High rents and lower home values are contributing to higher rental yields, which is what the investor is focusing on at the moment, according to the First National Real Estate survey of its 400-plus member network.
Its 2012 Property Market Outlook mid-year update serves to compare actual market conditions with the predictions of economic commentators and property market analysts.
Across Australia, investor activity is anticipated to increase as this market sector capitalises on great buying opportunities.
"With less to gain from capital growth, investors are looking more at cashflow from rents," Ray Ellis, the First National chief executive officer says.
"The improved affordability levels will make investors and upgraders the big winners as first home buyers remain reluctant to dip their toes in the property market pool, missing out on the improved market conditions."
Nationally, 50% of members expect investor activity to increase in the coming six months, broken down by state, as follows:
WILL INVESTOR ACTIVITY INCREASE IN THE NEXT SIX MONTHS?
<a href="https://firstnationalrealestate.files.wordpress.com/2012/08/screen-shot-2012-08-01-at-4-04-40-pm.png"><img src="https://firstnationalrealestate.files.wordpress.com/2012/08/screen-shot-2012-08-01-at-4-04-40-pm.png?w=630&amp;h=91" title="Screen shot 2012-08-01 at 4.04.40 PM" class="alignleft size-full wp-image-2332" height="70" width="468"></a>
Tasmania, NSW and Alice Springs in the Northern Territory are the only places where less than 50% of members expect investor activity not to increase.
Members say investors and upgraders will be the sectors where the most growth will be experienced.
In Tasmania and Alice Springs, all growth is expected to come from upgraders, while in Victoria, the greater proportion of members expect it to come from upgraders.
The greater proportion of Queensland and New South Wales members say most growth will come from investors, while South Australia is in line with the national average, being evenly split between the two.
Western Australia is the only state where first home buyers are expected to generate the strongest growth.
STRONGEST GROWTH SECTORS
<a href="https://firstnationalrealestate.files.wordpress.com/2012/08/screen-shot-2012-08-01-at-4-06-39-pm.png"><img src="https://firstnationalrealestate.files.wordpress.com/2012/08/screen-shot-2012-08-01-at-4-06-39-pm.png?w=630&amp;h=154" title="Screen shot 2012-08-01 at 4.06.39 PM" class="alignleft size-full wp-image-2333" height="117" width="470"></a>
 
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South Australian investors the most confident across Australia: First National

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Winter may be coming to a close shortly but some agents think it was the wisest time to sell in preparation of buying in spring.
Against popular opinion, selling property in winter might not be such a bad idea, especially on delayed settlement terms.
“Melbourne is iconic for its spring market obviously, when the property looks its best. However, there are a lot of property that is transacted through winter,” Cameron Deal from Infolio Property Advisors told Melbourne Property TV.
“It’s sometimes better for a vendor to sell in winter because there’s less competition amongst other properties.”
The sentiment is echoed by veterans in the industry, like Tim Fletcher from Fletchers.
“If you decide to sell your most important asset over the winter period you’ll join a small number of people who are selling because most people either do it over autumn or spring.”
“So I think it’s a smart move to think about selling when there are fewer properties on the market.”
Brace real estate agent Aldo Verga says winter can make homes much more welcoming.
“A lot of people come spring will do up their garden, but winter is a great time – there’s warmth, the heater is on, the lights are on. It’s beautiful, ” Aldo Verga told Melbourne Property TV.
Paul Keane from Jellis Craig says he always sells his own properties in the winter.
“It just seems there is less stock around. It gives less of a choice to buyers and it attracts the buyers who are prepared to compromise slightly because they want to get into certain areas."
Agent Elizabeth Treonze from Elizabeth Treonze Real Estate says she finds more genuine buyers during the winter.
What everyone seems to agree on if you’re selling in the winter, is to make the property welcoming.
“If it’s cold in your home, light a fire, cheer it up, do things to make people want to walk inside and feel like it’s a real home. Give it that 'wow' factor and you should succeed,” says Fletcher.
REIV’s Robert Larocca puts a chill on things though and says numbers in winter are neither up nor down.
“Our figures show it doesn’t matter when you sell during the year, your outcome is likely to be the same.”
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Why selling property in winter and buying in spring makes sense

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{yoogallery src=[images/stories/2012/07/8MyooraRoad]}

Event promoter Andrew McManus has relisted his Toorak mansion which failed to sell at its August 2011 auction. It opened on a  bid of $9.8 million before passing in on a vendor bid of $11 million but with a $13 million asking price.
The <a href="https://www.domain.com.au/Property/For-Sale/House/VIC/Toorak/?adid=2009904616">house</a> last sold in 2008 mid-construction for $8.75 million. 
The house, with a seven car garage, had been initially commissioned for construction in 2007 by David Fox, the youngest son of trucking magnate Lindsay Fox, who sold before the property was completed.
There’s also a study, gym, home theatre, billiards room and cabana and pool on its 1,389 square metre block.
Justin Long of Marshall White and Bennison Mackinnon's Nathan Waterson are long gone from the listing.
The Myoora Road property is now listed with Kay &amp; Burton agent Andrew Baines, who tells Title Tattle he's seeking $10 million plus. Offers are due September 3.
Readers of Suzanne Carbonne's column in The Age would know its a matrimonial matter between McManus and his Perth-based lawyer wife, Jacqueline O'Sullivan.
Apparently McManus is looking to move bayside.
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Event promoter Andrew McManus lists his Toorak mansion for encore appearance

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While the data may be scant, Deakin University’s Philip Soos says there is enough in the most recent annual report of the Foreign Investment Review Board (FIRB) to suggest foreigners investors are not the one’s driving up real estate prices.
Soos, researcher at the School of International &amp; Political Studies at Deakin University, says even using the “scant” information in the FIRB’s 2010-2011 annual report “a picture emerges that is at odds with the conception that a foreign horde is responsible for a flood of investment into the real estate market”.
“It is impossible to mount a case that foreign investment is a driver of increasing housing prices.
“This is no different to the National Housing Supply Council suggesting that homeless people and caravan park residents are a cause of an undersupply, pushing up prices,” he says in an article for academic commentary site The Conversation.
“The blame game in the US says that the Chinese were partially responsible for the housing and financial crises on the basis that the Chinese government’s purchases of US bonds kept interest rates artificially low, setting off the housing boom.
“Blaming foreigners for astronomical prices is nothing but a scapegoat for the policies enacted by government on behalf of bankers and landowners that makes housing unaffordable. Those who are discontented with the current states of affairs should focus their attention on our own government rather than searching for foreign influences.”
Soos says the annual report shows that the residential real estate was the primary target of investment comprising 98% of the 9,771 real estate applications made to FIRB.
However real estate applications totalled only $42 billion (23%) out of $177 billion of investment across all sectors.
“This is due to the relatively small nature of investment in real estate, compared to the larger scale of business investment,” he says.
Soos says Victoria was the target for most real estate applications, at 4,398 (45%), with New South Wales coming in at a distant second with 2,598 (27%).
“Given Victoria’s 2.2 million dwellings, with an estimated 40,000 new dwellings constructed last year, the number of foreign applications amounts to 11% of all new dwellings, a fraction compared to the total dwelling stock.
The report shows that the top country by real estate investment is the UK at $4.6 billion, followed by China at $4.1 billion, and the US in third place with $3.4 billion.
China headed the pack with the largest number of applications across all sectors, at 5,033 (47%) of the total.
Soos says the appeal of Australian property to Chinese investors combined with a steadily growing Chinese economy has resulted in concerns about foreigners “interfering” in the health of the property market.
“The evidence, however, shows that foreign investment in real estate is relatively small. Apprehension of Chinese influence (the “yellow peril”) is unwarranted, as the US and UK are collectively responsible for double the amount of Chinese investment,” he says.
Soos also noted the reluctance of the FIRB to reveal more details about foreign investment applications, highlighting that Chris Vedelago, The Age’s property reporter, used a Freedom of Information Act (FOI) request in an attempt to gain some insight into this issue, but was rebuffed by the FIRB.
 
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Concept of “foreign horde” responsible for driving up Australian house prices misplaced: Philip Soos

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There are no regions in and around Sydney that favour vendors but three markets - Blacktown, Outer South Western Sydney and the premium Eastern Suburbs market – offer a balanced market place, according to the May quarter update to the Commonwealth Bank-RP Data Home Buyer’s Index (HBI).
Overall Sydney market conditions favour the buyer in most regions, indicating the amount of stock available for sale is greater than the number of mortgage applications.
“Sydney's selling conditions have improved slightly over the last quarter, however buyers remain better positioned in negotiations than vendors. Given these conditions vendors will likely have to set more competitive prices in order to attract purchaser interest,” says the report.
Extreme buyer’s market conditions are prevalent in the Gosford-Wyong region.
<img height="315" width="407" src="/images/stories/2012/hbisydney.jpg" alt="hbisydney">
The Index is based on the ratio of properties available for sale compared with the number of housing loans that are being committed to by clients of the Commonwealth Bank.
Where the number of properties being advertised for sale outweighs the number of mortgage commitments (adjusted for market share), the market is considered to be in favour of the buyer; effective supply is outweighing demand. Where new home loans are outweighing the number of homes available for sale, market conditions generally favour the seller.
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Sydney market favours buyers except in outer West and Eastern suburbs: CBA-RP Data Home Buyers Index

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<img alt="487971-crown-towers" src="/images/stories/2012/487971-crown-towers.jpg" height="263" width="465">
James Packer’s Crown Limited has secured approval for a $568 million hotel and entertainment complex in Perth.
The 500 room new luxury hotel will add to the suite of hotel accommodation already at Burswood Entertainment Complex. 
Crown Limited says it's committed to making Crown Perth a world class entertainment precinct to compete not only in the region, with the mega resorts in Singapore and Macau, but also globally, where large integrated resorts are increasingly being developed in an endeavour to capture a share of the expanding tourism market, particularly out of China.
The development of the new hotel will take Crown Limited’s investment in the Burswood complex to over $1.3 billion dollars since acquisition in 2004.
Crown Towers Perth will be the largest hotel in Perth and will take hotel room capacity at Burswood to nearly 1,200 rooms. Construction is expected to commence in early 2013 and take three years to complete.
The deal involves land to be acquired from the State Government at a $60 million cost. 
The hotel will be located on land currently owned by Burswood as well as land to be acquired from the State, adjacent to the existing complex and currently part of the golf course, and provisions will be made for the future development of serviced apartments and, potentially, mixed and retail facilities.
Since 2004, the number of people employed at the resort has grown from 2,400 to over 5,200 with a total annual wages bill of over $310 million making the resort the State’s largest single-site private sector employer.
Upon completion, the hotel and accompanying facilities are expected to provide employment for over 500 people and create an additional 700 construction and construction related jobs over the three year build.
The Government has agreed not to oppose an application for 500 additional gaming machines and 130 additional gaming tables, including a new private gaming salons. This increase in gaming product will be rolled out over the next five years and is subject to the approval of the Gaming and Wagering Commission of Western Australia, Crown said in a statement to the Australian Securities Exchange on Wednesday afternoon.
Mr Packer, who had been in negotiations with West Australian premier Colin Barnett for eight months, said the deal would help Australia compete with the Asian gaming haven of Macau.
“I am doing this because I want to create a global luxury brand,” Packer told The Australian Financial Review.
Crown is also trying to buy a quarter of Echo Entertainment, which owns Sydney’s The Star casino. Crown and Echo, which holds an exclusive casino licence in New South Wales until 2019, have also canvassed the option of a joint venture over high-roller gamblers.
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