<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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Failed NSW builder Reed Construction has been placed in the hands of a liquidator following a successful winding-up petition to the NSW Supreme Court from creditor SCE Group.
SCE Group is a raw materials management group of companies.
Mark Robinson, partner at PBB Advisory, has been appointed as liquidator of Reed Construction.
Robinson told the Australian Financial Review it was possible that alternatives could be found to liquidating the company that would provide a larger return to creditors.
<a href="https://www.propertyobserver.com.au/industry-news/contractors-must-wait-in-line-as-reed-construction-prepares-to-sue-nsw-government-following-%2470-million-collapse/2012061855164" target="_blank">Reed Construction</a> and another related company RST Nominees were placed in voluntary administration on June 15 with Ferriers Hodgson partners John Melluish and Ryan Eagle appointed as administrators.
Melluish and Eagle will hand over a creditors’ report to the liquidator today.
Reed has debts of $182.1?million after suffering losses <a href="https://www.propertyobserver.com.au/news/st-hilliers-founder-says-government-owes-it-millions-but-reed-group-government-claim-rejected/2012052854859" target="_blank">on several key government contracts.</a>
All payments to creditors were frozen on June 15, with administrators saying at the time that there might be insufficient funds to pay employees their entitlements.
St George Bank is a secured creditor and owed $48.1 million, while trade creditors and over 1,000 subcontractors are owed $78.7 million.
Former employees are owed $5 million.
Founder Geoff Reed blames the collapse on a decision by the NSW government’s Roads and Maritime Services and Department of Education and Communities to prematurely terminate contracts with Reed Construction.
Reed says contractors are owed $60 million on these projects.
The June 27 creditors’ meeting revealed that the company had claims against the NSW government, a claim of $15.5 million against MidCoast Water and $13.4 million from 20 other debtors.
Yesterday, another prominent NSW builder, <a href="https://www.propertyobserver.com.au/industry-news/nsw-builder-baseline-constructions-in-voluntary-administration/2012071055495" target="_blank">Baseline Constructions</a>, was placed into voluntary administration owing $65 million, joining <a href="https://www.propertyobserver.com.au/news/kell-rigby-one-of-australia-s-oldest-most-respected-building-companies-set-for-voluntary-administration/2012020853012" target="_blank">Kell &amp; Rigby</a> and <a href="https://www.propertyobserver.com.au/industry-news/st-hilliers-construction-arm-placed-in-voluntary-administration/2012051554713" target="_blank">St Hilliers Construction,</a> which have also collapsed recently.
A second creditors’ meeting was due to be held on July 20, where it was to be decided whether to execute a deed of company arrangement or whether the company would be wound up.
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Liquidator appointed for collapsed NSW builder Reed Construction

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An ivy-clad streetfront 18-square-metre Point Piper lock-up garage in Sydney’s eastern suburbs has been listed with a $120,000 asking price.
<img src="/images/stories/2012/07/garagepp.jpg">
The non-waterfront garage, at Lot 8, 39 Wolseley Rd, is listed through Park Properties agent Jake O'Neil.
The vendor owns the garage on a 99-year leasehold that expires in August 2100.
There are no body corporate fees or rates given it does not come with its own title.
<img src="/images/stories/2012/07/garagepp2.jpg">
Title Tattle is aware of a $125,000 storage space sale in a basement garage on the other side of Wolseley Road.
The 17-square-metre storage space was bought by the Curran family in 2009. The family negotiated their purchase in a deal involving right-of-way access with the neighbouring Sienna development. 
The Wentworth Courier notes garages have the potential to fetch the same prices as new luxury cars as the demand for parking and/or storage in high-density areas spikes.
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Point Piper lock-up garage listed for luxury car price of $120,000: Title Tattle

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Wyatt Roy, the youngest federal Member of Parliament, has bought his first home.
It’s a $340,000 unit in Bribie Island, Queensland.
<img src="/images/stories/2012/07/bribieisland.jpg">
Roy’s apartment initially sold at $460,000 off the plan in 2004.
The Federal Member for Longman was born in May 1990.
The apartment is on the surf beach, although Roy’s apartment enjoys limited bay views.
<img src="/images/stories/2012/07/woorim2.jpg">
It was listed through Richardson &amp; Wrench Bribie Island agent Margaret Watkins.
In 2008 towards its completion the development had secured $22 million worth of sales, with only three apartments then unsold.
All  five other recent sales in the block of 37 have also been at less than initial sale.
2004: $470,000 2011: $340,000
2004: $470,000   2011: $352,500
2006: $485,000     2011: $380,000
2004: $540,000  2011: $500,000
2006: $840,000  2011:  $520,000
Its penthouse has yet to sell.
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Parliament’s youngest federal MP, Wyatt Roy, now a 22-year-old home owner as on the beach Bribie Island prices fall

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Teralla, the occasional Double Bay residence of embattled Gold Coast merchant banker Mark McIvor, the former managing director of Equititrust, has been sold by receivers.
Set on a 746-square-metre Cooper Street block, the four-bedroom Victorian house was bought by MM Capital Pty Ltd for $4.7 million in 2005.
Its Laing+Simmons Double Bay agent Bart Doff had it listed with hopes of securing more than its last sale price given its renovation. No sale price has been disclosed.
{yoogallery src=[images/stories/august16mcivor]}
The Alex Popov-designed Cronin Island Gold Coast home (pictured above) of McIvor and his wife, Stacey, sold to Fulton Transport boss Gary Fulton company, Vitago Pty Ltd earlier this year is back in the news.
Its official paperwork showed a $6.75 million sale price which stumped seasoned Gold Coast property experts, who'd imagined something closer to its $ 4.4 million auction passed in highest offer.
Now its emerged the lenders on the purchase, the Commonwealth Bank, commenced <a href="https://www.propertyobserver.com.au/https://apps.courts.qld.gov.au/esearching/FileDetails.aspx?Location=BRISB&amp;Court=SUPRE&amp;Filenumber=4173/12">Queensland  Supreme Court</a> proceedings against Fulton and Vitago in May.
The Gold Coast Bulletin inspection of the court document shows the Commonwealth Bank says it lent Vitago $4.758 million in first-mortgage funding on the Cronin Island house.
Its action seeks possession of the property and repayment of the mortgage, plus interest.
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Mark McIvor's house sales – Cronin Island and Double Bay – keep everyone guessing

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The Rabbitohs five-eighth John Sutton, a prominent Bra Boys member, has spent $870,000 on a Maroubra semi.

It sold last month through Century 21 South East's Paul Karasalidis after 160 groups came through the open for inspections.

There were six registered bidders seeking the three-bedroom home when about 100 attended its recent auction. The reserve price was $825,000. Sutton and partner Stacey Shumack were proudly photographed outfront by the local paper.
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Rabbitoh John Sutton buys in Maroubra brotherhood territory

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Baseline Constructions, another NSW builder, has gone into voluntary administration.
The company was founded in 1993 by civil engineer Nicholas Bettar from small Bankstown/Canterbury foundations. In peak construction years it has had $65 million-plus revenues, according to statement of financial position obtained by Property Observer.
Click to enlarge
<a rel="shadowbox" href="/images/stories/2012/07/baseline4.jpg" title="Click to enlarge"><img src="/images/stories/2012/07/baseline4thumb.jpg"></a>
(Source Bankstown Canterbury Torch) 
Its general manager is his brother Paul Bettar.
Andrew Cummins and Brian Silvia from BRI Ferrier will hold the first creditors meeting tomorrow, July 11.
Northern Rivers traders are owed hundreds of thousands of dollars for works undertaken on the $22 million renovation of Ballina Central shopping centre.
<a target="_blank" href="https://www.northernstar.com.au/story/2012/07/09/hundreds-of-thousands-owed-as-company-goes-bust/">The Northern Star</a> reports the Sydney-based company Baseline Constructions contracted the tradespeople by letter to advise of the receivership last week.
They were renovating the Ballina building, which is owned by Melbourne-based Harbig Holdings.
“Unfortunately we are one of the contractors in Sydney that received one of these letters,” one contractor posted by email on the Star’s website.
“We found it hard enough to receive payments from Baseline last year for two separate projects completed early in late 2010 and then early 2011 – the only alternative was to sit and wait in their offices for a cheque to be cut.
“After chasing retention for the past 6 months and many emails going out to project managers and the accounts department at Baseline we find this letter sent to us when I only had contact with the company just two weeks ago confirming our payment was forth coming,” the contractor said.
Click to enlarge
<a rel="shadowbox" href="/images/stories/2012/07/baseline.jpg" title="Click to enlarge"><img src="/images/stories/2012/07/baselinethumb.jpg"></a>
ASIC documents indicate Ferrier was approached by Baseline in late April with a scoping meeting to discuss a possible insolvency appointment.
Ferrier then met with the major secured creditor.
NAB and St George were Baseline’s bankers. St George have held a first mortgage over a Chiswick residential family property.
Click to enlarge
<a rel="shadowbox" href="/images/stories/2012/07/baseline1.jpg" title="Click to enlarge"><img src="/images/stories/2012/07/baseline1thumb.jpg"></a>
Baseline Constructions moved into three levels of the Gloucester Street, The Rocks, building Science House last year.
Its projects through the years included the Clarence House, Belmore function centre, Campbelltown Plaza, FSU refurbishment, Blackfrairs offices, Chippendale, the Hotsprings, Minchinbery project and Belmore meat processing works.
Baseline Constructions specialised in the use of precast concrete, which allowed the design and construction to be delivered in efficient time.
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NSW builder Baseline Constructions in voluntary administration 

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Another of The Block 2011 Richmond cottages has been listed for rent – and its asking rental reflects around 4.7% rental growth over the past year.
<img src="/images/stories/2012/07/cameron41ad.jpg">
The Cameron Street cottage is for lease at a $995 asking rent a week through RT Edgar Boroondara agent Bianca Brooks.
It’s the three-bedroom cottage renovated by Katrina and Amie.
<img width="470" src="/images/stories/2012/07/cameron41.jpg">
It sold post-auction last August for $860,000 and was then the cheapest rental in the row of cottages – listed at $950 a week through Hocking Stuart.
Its $950 a week asking rent reflected a 5.74% gross yield last September.
It’s available for rental from July 21.
In June another of the four Richmond properties on the hit Channel 9 renovation series The Block 2011 was available for rent.
It was at a lower rental asking price that its initial post-auction asking rent.
It was the dearest home sold at last year's auction – <a target="_blank" href="https://www.propertyobserver.com.au/victoria/take-two-auction-frenzy-as-only-one-offering-left-on-the-block/2011082351266">the three-bedroom 37 Cameron Street Edwardian cottage, which Josh and Jenna sold for $1 million.</a>
<img src="/images/stories/cameronimpression.jpg">
<a href="https://www.propertyobserver.com.au/victoria/friday-form-guide-yields-of-up-to-7.5-on-the-block/2011081851199">Before last September's auction buyers were given guidance</a> that the property could be expected to fetch between $1,200 and $1,300 per week in rent and came with price hopes of $900,000 to $990,000.
<a target="_blank" href="https://www.propertyobserver.com.au/landlords/block-richmond-properties-hit-the-rental-market-with-yields-of-up-to-6.3/2011092851717">It was initially for lease</a> with a weekly $1,250 asking rent last September after the auction.
It was available for rent at $1,100 a week in June after being initially listed at $1,200 a week.
Its initial asking rent post-auction reflected a 6.3% gross yield.
<a target="_blank" href="http://propertyobserver.com.au/ebooks/free-ebook-lessons-from-the-block-and-other-property-reality-television-shows">For lessons property investors can learn from property reality TV, download our free eBook.</a>
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Katrina and Amie’s Block 2011 Richmond renovated cottage up for rent – reflecting 4.7% annual growth

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The alluvial Windsor district turf, dairy and polo farms - that total 282 hectares - of the failed corporate companies associated with Achilles "Big Al" Constantinidis have been listed for receivership sale.
It follows four court cases over recent years in which the receiver, David Clout sought to affirm the validity of the appointment of receivership, then who was entitled to exercise water licence rights and then more recently proceedings to secure vacant possession.
The farms are set to sell from $2.4 million upwards, starting with a 58-hectare holding comprising seven lots.
The latest holding, a 127-hectare Richmond lot, has $4 million-plus expectations.
<img src="/images/stories/2012/07/polo.jpg">
A 100-hectare turf farm (pictured above) at Windsor has $5 million-plus hopes.
Tender offers are due August 8 through David Nolan at Webster Nolan Rural Real Estate.
The land cost $21 million plus in 2007. Mark McIvor's Queensland-based lender, Equititrust, has a mortgage over the land and is believed to be owed $22 million plus, having been involved as  quasi joint venturers with Constantinidis.
The NSW Office of State Revenue had launched a criminal prosecution against Constantinidis, where he was convicted and fined in February 2011 for failing to pay more than $720,715 in stamp duty on the purchases, but the conviction was in early 2012 quashed and he was acquitted, with the state government department paying the costs of the solicitors for Constantinidis, Beazley Singleton Lawyers.
Much of the land, 63 kilometres from Sydney, is on the Richmond Lowlands overlooking the Hawkesbury River and includes some of the best areas for turf farms and agriculture.
The land is flood-affected, and the zoning prohibits construction on large parts of it. A request for rezoning was made in October 2009 with a view to parts of the land being rezoned “Housing Zone” pursuant to a new local environmental plan, but understood not to have been approved.
In the wider Windsor area there are 17 polo fields.
Constantinidis, a former accountant, was a consultant to the Bulldogs during the Liverpool rugby league Oasis development.
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Alluvial Windsor district turf, dairy and polo farms of Achilles 'Big Al' Constantinidis listed for receivership sale

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Comedian Des Dowling’s Albert Park residence sold after negotiations following its weekend auction for an undisclosed price. It had been passed in at $1.36 million.
The double-storey Moubray Street terrace house has three bedrooms, two bathrooms and a gourmet kitchen, plus a north-facing landscaped courtyard.
The renovated property, close to the beach, was initially marketed by Marshall White with $1.35 million-plus hopes. Selling agent Kaine Lanyon was advising about $1.4 million. Dowling, who hosts the Melbourne Property TV program on TV4ME at 7.30pm on Tuesdays and Thursdays, spent $505,000 in 1998 on the corner terrace. Another Moubray Street terrace also sold on the weekend, also at an undisclosed price, understood to be around $40,000 less than Dowling's renovated terrace through Greg Hocking Real Estate. 
RP Data has the <a target="_blank" href="/news">Albert Park</a> median sale price at $1.4 million, up 14.6% over the past year.
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Comedian Des Dowling cracks a smile after selling Albert Park home in post-auction negotiations 

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Melbourne businessman Steve Vizard and wife Sarah are having another go at selling their St Kilda mansion, Clendore, sticking with their $8 million-plus hopes.
The three-storey Italianate Victorian terrace, with an infinity pool on the roof, was bought for $3.96 million in 2004 by Vizard's company, Fitzroy Holdings. There is a rooftop Paul Bangay-designed garden above the grand colonnaded building, which sits on a 782-square-metre Fitzroy Street block.
The seven-bedroom, 10-bathroom property with a 15-person Schindler commercial double-door lift that connects all four floors was initially listed last November. It comes with a 12-seat home cinema.
One of the original three adjoining terraces was the home of Sir Graham Berry, the distinguished radical politician, for several years.
The Vizard family sold their Orrong Road, Toorak, mansion for about $17.75 million in 2007 to The Good Guys boss Andrew Muir.
It's been listed through Gross Waddell Melbourne commercial agents Andrew Waddell and Jonathan McCormack, given its potential as offices, hotel/leisure or medical consulting rooms. Jock Langley and Tim Derham of Abercromby’s are the conjunctional agents.
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