<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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Investing in property over the last two decades has delivered strong compared with shares and other asset classes, according to the latest Long Term Investing report from fund manager Russell Investments. The fund manager says taxation policies have been a key factor in the sector’s long-running attractiveness.
Over the past 10 years to December 2011 residential investment property has outperformed all other asset classes at the lowest and highest tax rate at 7.2% p.a. and 5.8% p.a. respectively.
Over the 20-year period, Australian shares returned 9% p.a. and 7% p.a. at both the lowest and highest marginal tax rates respectively, with residential investment property achieving the second highest return of 8.1% p.a. and 6.6% p.a. at the lowest and highest marginal tax rates respectively.
Click to enlarge
<a title="Click to enlarge" rel="shadowbox" href="/images/stories/2012/06/russell1.gif"><img src="/images/stories/2012/06/russell1thumb.gif"></a>
Cash had the lowest returns under both tax regimes of all asset classes over 20 years.
Calculations by Russell Investments over the 20-year period show that the effective tax rate for top marginal tax payers is most favourable for Australian shares at 20%, with residential investment property at 26% and Australian REITs and 23%.
In comparison, the effective tax rate for overseas shares is 28%, it rises to 36% for global REITS and is at 49% for cash and bonds.
“The impact of personal taxation on residential investment property has also been less significant as a result of the tax deductibility of expenses relating to residential investment property,” says the Russell Investments report.
“All three asset classes (Australian shares, residential investment property and Australian REITS) also provide tax deferral benefits and qualify individual and superannuation investors for a capital gains tax discount on liquidation, which contributes to their after-tax attractiveness relative to bonds and cash,” the report continues.
Earlier this week, Prime Minister Julia Gillard ruled out removing generous tax break offered to property investors who negatively gear their investments over concerns it would “distort the market”.
Russell Investments does caution investors that residential property is no longer a risk free asset class or a sure bet for future growth.
“The investment fundamentals of residential property are becoming less attractive compared to listed shares,” says Greg Liddell, Russell’s director of consulting and advisory services. 
“The main risks for residential property relate to relatively high valuations and the prospect of further deleveraging by Australian households.
“Low rental yields will make it difficult for residential property to outperform listed shares as an investment over the next decade,” he says.
At the Prime Minister’s Economic Forum in Brisbane yesterday, Westpac boss Gail Kelly said compound growth in house prices were over for good and Australia would not see another housing boom.
Share board image courtesy of <a target="_blank" href="https://www.flickr.com/">Flickr</a>.
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lschlesinger-FZcF9M3vE6

Residential property investment outperformed all other asset classes for past 10 years: Russell Investments 

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NSW property investors should not rush to exchange off-the-plan properties ahead of the June 30 end to state stamp duty concessions unless they have completed all the necessary research and due diligence, according to research and investment firm the Aviate Group. 
From July 1 investors buying off the plan will only get a $5,000 handout from the government instead of saving up to $22,490 under the zero stamp duty option under the soon-to-end NSW home builders' bonus, <a href="https://www.propertyobserver.com.au/landlords/nsw-property-investors-condundrum-take-the-%2422490-housing-bonus-now-or-just-%245000-after-july-1/2012061255081" target="_blank">creating a conundrum</a> about whether to buy now or wait in the expectation of unit property market having staggered growth over the next few years. 
They are likely to be encouraged by some developers to complete their purchases over the next two weeks and take the bigger incentive. 
Meriton boss Harry Triguboff says he will be going “hell-for-leather” to sell to investors before July 1 “because they’ll still get something”. 
Developers have the added impetus of getting as many investors over the line before July 1, as the first-home buyers’ market is also expected to retreat for three months between July 1 and October 1, until the double $15,000 first-home owners’ grant for a new property purchases kicks in. 
But Aviate Group managing director Neil Smoli says property investors should never make a rushed decision to purchase an investment property, no matter how tempting the incentive. 
An investment property, he says, is a long-term prospect, “and the right property will always deliver long term growth”. 
“If an investor has undertaken all the necessary research and due diligence on an investment property that falls within the concession price bracket, they should by all means proceed with a purchase before the end of the financial year and pocket the stamp duty saving,” Smoli says. 
“However, it is never a good idea to make an investment decision based purely on an incentive. If a property does not have the potential to deliver reliable returns and capital growth opportunities over the long term, no government incentive at the time of purchase will change this fact.” 
According to Smoli, a rushed decision before July 1 may jeopardise an investor’s security down the track. 
“The short-term benefit of an incentive will pass relatively quickly, but the shortcomings of an ill-informed investment property purchase may have a lasting negative impact. 
“At the end of the day, an investor must analyse their capacity to meet repayments, considering the complete range of factors such as the likely rental, cost of different insurance requirements and strata fees, to name a few. An investment decision influenced solely by a government incentive is perhaps a sign that the investor is not ready to invest.” 
“While growth in property prices may be subdued at present, astute investors still recognise that good properties with the right attributes still have the potential to outperform other investment alternatives,” Smoli says. 
“It’s important to recognise that price growth statistics, even when confined to individual suburbs, can be misleading. Each development – indeed each apartment within each development – has variables that determine its capacity to perform as a quality investment over the long term. Some developments merely streets apart can have entirely different capital growth outlooks, depending on the investment criteria applied.” 
Aviate is also calling for stamp duty to be abolished, calling it “an unnecessary burden for buyers”.
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Property investors should not rush NSW purchases ‘purely for the incentive’: Aviate

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<a target="_blank" href="https://www.propertyobserver.com.au/tax/nsw-doubles-its-first-home-grant-for-new-homes/2012061255075"><img src="/images/stories/2012/06/35420.gif"></a>
The amount a <a target="_blank" href="https://www.propertyobserver.com.au/tax/nsw-doubles-its-first-home-grant-for-new-homes/2012061255075">NSW first-home buyer who purchases a $550,000 new home will get in government assistance</a> from October 1 this year. But if it is not new, the first-home buyers will secure nothing.
 
<hr>
 
<a target="_blank" href="https://www.propertyobserver.com.au/news/brisbane-unit-prices-ease-37-but-17-wipe-out-in-cairns-and-whitsundays-reiq/2012060855041"><img src="/images/stories/2012/06/17percent.gif"></a>
The fall in villa, apartment and townhouse prices in <a target="_blank" href="https://www.propertyobserver.com.au/news/brisbane-unit-prices-ease-37-but-17-wipe-out-in-cairns-and-whitsundays-reiq/2012060855041">Cairns in the 12 months to March 2012</a>, according to the Real Estate Institute of Queensland.  The median unit price in Cairns was March 2012 was $212,500, compared with $265,000 in March 2011.
 
<hr>
<a target="_blank" href="https://www.propertyobserver.com.au/residential/falls-creek-and-mount-hotham-best-for-ski-properties-with-prices-cooling/2012060855039"><img src="/images/stories/2012/06/22point8percent.gif"></a>
The amount that house prices in <a target="_blank" href="https://www.propertyobserver.com.au/residential/falls-creek-and-mount-hotham-best-for-ski-properties-with-prices-cooling/2012060855039">Victoria's Alpine region have fallen in the year to March</a>, according to the Real Estate Institute of Victoria. 
<hr>
<a target="_blank" href="https://www.propertyobserver.com.au/residential/house-prices-fall-in-26-countries-in-march-quarter-with-australia-in-longest-downturn-in-a-decade-global-property-guide/2012061255071"><img src="/images/stories/2012/06/26.gif"></a>
The number of countries that experienced house price falls during the March quarter,<a target="_blank" href="https://www.propertyobserver.com.au/residential/house-prices-fall-in-26-countries-in-march-quarter-with-australia-in-longest-downturn-in-a-decade-global-property-guide/2012061255071"> according to the Global Property Guide's latest house price indices survey</a>. House prices rose in only 10, and Australian house prices fell for the fifth straight quarter to be down 6.04% from a year earlier, the longest downturn for a decade.
 
<hr>
<a target="_blank" href="https://www.propertyobserver.com.au/new-south-wales/nathan-tinkler-sells-merewether-home-to-his-executive-troy-palmer-for-a-friendly-%E2%80%93-and-possibly-underpriced-%E2%80%93-%2428-million/2012061255087"><img src="/images/stories/2012/06/2point8m.gif"></a>
The price <a target="_blank" href="https://www.propertyobserver.com.au/new-south-wales/nathan-tinkler-sells-merewether-home-to-his-executive-troy-palmer-for-a-friendly-%E2%80%93-and-possibly-underpriced-%E2%80%93-%2428-million/2012061255087">Hunter Sports Group boss Troy Palmer has paid for his boss Nathan Tinkler’s redundant beachside Merewether property</a> as Tinkler moves to Singapore. It's a very friendly price, as Tinkler bought the four-bedroom, three-bathroom 2006-built Merewether house for a then bullish record-setting $4.3 million in 2008 from the rugby league legend Andrew Johns.
 
<hr>
<a target="_blank" href="https://www.propertyobserver.com.au/landlords/nsw-property-investors-condundrum-take-the-%2422490-housing-bonus-now-or-just-%245000-after-july-1/2012061255081"><img src="/images/stories/2012/06/22490.gif"></a>
The <a target="_blank" href="https://www.propertyobserver.com.au/landlords/nsw-property-investors-condundrum-take-the-%2422490-housing-bonus-now-or-just-%245000-after-july-1/2012061255081">potential stamp duty savings for NSW property investors who buy before July 1 this year</a>. It’s available if buyers put a deposit down for an off-the-plan purchase or new house costing less than $600,000. Of course, taking the bonus and buying now requires a punt on the future of house prices.
 
<hr>
<a target="_blank" href="https://www.propertyobserver.com.au/trends/time-to-buy-a-dwelling-sentiment-improves-but-unlikely-to-flow-through-to-purchases-westpacs-bill-evans/2012061355096"><img src="/images/stories/2012/06/8point2percent.gif"></a>
The amount by which the <a target="_blank" href="https://www.propertyobserver.com.au/trends/time-to-buy-a-dwelling-sentiment-improves-but-unlikely-to-flow-through-to-purchases-westpacs-bill-evans/2012061355096">"time to buy a dwelling" index in the Westpac Melbourne Institute Index of Consumer Sentiment</a> rose in June. The “time to buy a dwelling” index now stands at 128, compared with 118.2 in May and 115.4 in June last year, well above the historical average of 122.3.
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cknowlton-QnEa6ntUYP

The 7 must-know numbers of the week, starting with NSW's new first-home buyer grant

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Damian Smith, a regular commentator on mortgage trends, has resigned as CEO of financial comparison website RateCity.com.au after three years at the helm.

He will remain at RateCity.com.au. until the end of the month before taking up a new opportunity at Telstra’s Application Venture Group (AVG) with the aim of developing an offering in the consumer health space.


Andrew Willink, founder of RateCity.com.au.and chairman and founder of the Canstar group of companies, will take over from Smith as interim CEO while a replacement is recruited.
Michelle Hutchinson, RateCity.com.au’s public relations manager and consumer advocate, has taken over as spokesperson for the website.


“I am leaving RateCity with a heavy heart,” Smith tells Property Observer.


“I have loved my time here.”


Since his appointment as CEO in 2009, Smith has been the spokesperson for the website and a regular media commentator on mortgage trends and interest rates.


RateCity.com.au was set up in 2006 as a free financial comparison service for consumers. It earns money by generating qualified leads for financial institutions.
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RateCity.com.au to lose CEO Damian Smith to Telstra venture capital opportunity

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The Block 2011 contestants Rod and Tania Walsh, have bought a $570,000 renovator’s delight in Port Melbourne with the assistance of their prize money.
Last traded six decades ago, the cottage was described as a “premium opportunity that astute developers, renovators and investors will find too good to refuse”.
It was offered as an ultra-modern townhouse site but the couple are set to utilise the home's period-inspired charm by restoring the home to its former glory.
It was sold by Buxton agent Rowan Lee.
The two-bedroom cottage, with high ceilings and baltic timber floors, comes with potential city views, subject to council-approved plans.
“We don't plan on renovating our new property for a year or so,” Tania says <a href="https://www.rodandtania.com.au/index.php/blog" target="_blank">on the couple's blog</a>, as the Gippsland-based couple are actually about to start a major renovations on their Warragul home first.
The couple tweeted they’d undertaken a mini-makeover this week to ensure the Port Melbourne cottage was habitable by a family member in the meantime.
It’s within walking distance of bustling Port Melbourne’s main street and foreshore, set between Bay Street and Pickles Street.
“Rod and I have been looking for a reno property in Melbourne since after we finished at The Block last year,” Tania says.
“We loved living in Melbourne, so it made our mind up that we should try to find a bargain to do up.
“The only suburbs we were looking at were Richmond, South Melbourne, the site of the new Block series, and Port Melbourne,” she says.
She says she expects to do the “most amazing” renovation.
“And of course we will be doing the majority of it ourselves,” she says.
Rod and Tania Walsh's property at 43 Cameron Street was bought at $922,000 by a Melbourne couple as an investment through Jellis Craig agent Clayton Smith last August. It was $72,000 over reserve, but not officially counted as the winning renovation as it was several days after the auction night. The couple got to keep the $72,000 above reserve amount.
Only one house – 39 Cameron Street, Richmond, renovated by Polly Porter and Waz Jones – actually sold under the hammer, at $855,000, which was $15,000 above the reserve. They kept the $15,000, along with the $100,000 overall prize.
Amie and Katrina – the sisters from rural NSW – sold subsequent to auction at its $860,000 reserve.
The Block's Richmond dearest offering, with a $950,000 reserve, was Josh and Jenna's double-fronted property, which the couple sold for $1 million.
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jchancellor-FAypfDUnLy

Having pocketed $72,000 in Richmond, The Block 2011 contestants Rod and Tania take their DIY skills to Port Melbourne

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The Hunter Sports Group boss Troy Palmer is the immediate direct beneficiary of his boss Nathan Tinkler’s decision to quit Newcastle for Singapore.
Palmer has bought one of Tinkler’s redundant beachside Merewether properties (pictured below) for $2.8 million – at under the commonly believed market value.
<img src="/images/stories/2012/06/bermer.jpg">
Tinkler bought the four-bedroom, three-bathroom 2006-built Merewether house for a then bullish record-setting $4.3 million in 2008 from the rugby league legend Andrew Johns.
Palmer’s same-day exchange settlement was in wife Emma’s name last month. The 34% price drop shocked several estate agents. “It turns out Nathan Tinkler's sale was a 'friendly deal', so should be seen as out of line by valuers,” one agent has tweeted.
<img src="/images/stories/2012/06/bermerflicker.jpg">
Prior to working at the Tinkler Group, the Newcastle-born and raised Troy Palmer was the chief financial officer of Bluetongue Brewery, another well-known Newcastle organization.
Palmer was responsible for the acquisition of the Newcastle Knights and Newcastle Jets.
Tinkler retains his other Merewether holding, a two-block 1,587-square-metre amalgamation overlooking Bar and Dixon Park beaches, which cost an $8.8 million total in 2008. Locals reports it’s been in limbo since a development application for a six-bedroom Rosie Stollery-designed compound was approved in June last year.
Title Tattle understands the modern house was vacated by the family shortly after the theft last year of his $500,000 Ferrari California, which was stolen from his garage and later torched.
Tinkler, who built his fortune with three big coal deals, has an estimated $915 million wealth according to the latest BRW. According to Forbes magazine, Tinkler is Australia’s 26th-richest person, with a net worth of around $825 million in 2012.
His major NSW family home is at Coffs Harbour.
"His principal place of residence would now be described as Singapore," his spokesman, Tim Allerton, told Fairfax Media.
"He just wants to be closer to the markets, to Asia."
Allerton said Tinkler's wife, Rebecca, and their four school-age children were also preparing to leave for Singapore.
Allerton has advised the move was to be closer to some of his key investors, the operations of his investments would remain in Australia.
Singapore is “an essential part of Asia … and he’s got some financiers and investors in Singapore - he just feels it’s more comfortable, he enjoys the city and wants to base himself there,” Allerton said.
Singapore is known for its relatively low tax and pro-business environment, with wealthy foreigners drawn by its low crime rate and high privacy without local tabloid media excesses.
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Singapore-bound Nathan Tinkler sells Merewether property to his executive Troy Palmer for a friendly – and possibly underpriced – $2.8 million

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Cheaper mortgage rates across the Tasman have helped New Zealand house prices recover over the past 12 months to levels last seen around the time of the GFC.

The benchmark Real Estate Institute of New Zealand (REINZ) Housing Price Index rose 1.7% in May to be 6.4% up on the same time last year – 0.3% higher than the previous peak recorded in November 2007.

During this period house prices have increased by 5.4% to a median of NZ$369,000 (A$287,000).

In Australia, house prices were down 4.74% across the five major capital cities, according to RP Data- Rismark.

Mortgage rates are noticeably cheaper across the ditch, with the Reserve Bank of New Zealand offering a cash lending rate of just 2.5%, unchanged since March 2011 – 100 basis points lower than the RBA’s June cash rate of 3.5%.

Westpac New Zealand is offering a standard variable rate of 6.24%, compared with the 6.89% it is offering in Australia, according to www.interest.co.nz.

ANZ offers a “simple” variable mortgage of 5.74%, compared with the 6.8% standard variable rate it is offering in Australia.

ASB, the Commonwealth Bank’s New Zealand brand, has a standard variable rate of 5.75%, compared to the 6.8% offered in Australia.

According to the REINZ there were 7,175 sales in May, a 24.4% rise on the same month last year.

Jane Turner, economist at ASB, says the low interest rates are “stoking demand” and helping drive a trend of “gradual improvement” in the housing market.

The total value of residential sales was NZ$3.30 billion in May, compared with NZ$2.57 billion in April and NZ$2.46 billion in May 2011. 

The Auckland market, New Zealand’s biggest housing market, has performed particularly well of late, with house price index up 3.7% from a July 2007 high in May 2012.

Auckland recorded 2,792 sales over May, a 28% rise on the same time last year, with the median sale price rising 7.8% over this time to a record NZ$500,000 (A$389,000).

Auckland’s largest real estate agency, Barfoot and Thompson, posted its busiest May in seven years, recording 1,165 sales during the month – up 31% from May 2011 – with sales prices rising 2.5% over the month to $582,285.

Managing director Peter Thompson attributes the jump in sales to significant number of new listings, “keenly priced mortgage lending rates, fine weather and a larger pool of potential buyers”.

Barfoot and Thompson listed 1,421 properties during May, up 12.2% from April.

REINZ chief executive Helen O'Sullivan says sales volumes have been surprisingly strong in May, with all regions recording increases in sales over April and over May last year.

O’Sullivan says May is typically stronger than April but the May 2012 increase was “considerably stronger than normal seasonal trends would suggest”.
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Lower mortgage rates drive up NZ median house prices 5.4% for year to May: REINZ

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Casa Casuarina, the ornately decorated South Beach Miami mansion built for the late fashion designer Gianni Versace, has been listed with US$125 million (A$126.5 million) hopes.
<img src="/images/stories/2012/06/casa1.jpg">
The iconic Mediterranean-style estate has 10 bedrooms and 11 bathrooms – all Versace’s design – with the style kept by its current vendor, the telecommunications entrepreneur Peter Loftin.
<img src="/images/stories/2012/06/casa2.jpg">
The mansion was built in 1930 by architect Alden Freeman, an heir to the Standard Oil fortune, in tribute to the Alcazar de Colon, Christopher Columbus's family home in the Dominican Republic.
<img src="/images/stories/2012/06/casa3.jpg">
The Italian designer was gunned down on the steps of his home in 1997 by Andrew Cunanan.
<img src="/images/stories/2012/06/casa4.jpg">
He’d purchased the 1930s property in 1992 for US$2.05 million and spent around US$33 million to renovated and extend it into a residence of over 2,140 square metres after his 1993 purchase of the now-demolished Revere Hotel for $3.7 million.
<img src="/images/stories/2012/06/casa5.jpg">


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The mansion at 1116 Ocean Drive was sold to Peter Loftin for $19 million shortly after Versace’s death in 2000, making it his private residence until 2009 when he transformed it into a boutique hotel and restaurant. Loftin is fighting a foreclosure action.
<img src="/images/stories/2012/06/casa6.jpg">
It’s been reported the foreclosure action on the property was filed last December by VM South Beach LLC, which bought a $25 million mortgage on the property from a German bank, WestLB.
<img src="/images/stories/2012/06/casa7.jpg">
VM South Beach is affiliated with the Nakash family of New York, which controls Jordache Enterprises. Jordache is involved in assorted ventures from denim jeans to various hotels, including several on Miami Beach.
<img src="/images/stories/2012/06/casa8.jpg">
Ralph Bekkevold, an attorney with Greenberg Traurig, who represents VM South Beach in the foreclosure action, confirmed that the mortgage holder "purchased the promissory note from the German bank and is seeking to foreclose”.
<img src="/images/stories/2012/06/casa9.jpg">
It’s been listed by the luxury property superbrokers Jill Hertzberg and Jill Eber of Coldwell Banker Residential Real Estate, who operate as The Jills.
<img src="/images/stories/2012/06/casa19.jpg">
Its hotel operators the Villa by Barton G have an eight-year lease. Barton G. Weiss, the proprietor of the Miami Beach hotel business, says a 10-year lease was signed in 2010 with an option to extend for 10 additional years.
Photographs copyright <a target="_blank" href="https://www.thejills.com/blog/2012/6/coldwell-banker-residential-real-estate's-the-jills-list-the-casa-casuarina-for-%24125-million.htm">TheJills</a>
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Miami mansion Casa Casuarina, built for Gianni Versace, listed with US$125 million hopes as owner fights foreclosure

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The weekly TV show about the property market, MPTV, has moved to a new channel and new time as of today, when it starts on TV4ME at 7.30pm.
Melbourne Property TV will now be broadcast nationally on free-to-air TV twice a week: on Tuesdays at 7.30pm and again on Thursdays at 7.30pm.
The show is in its third season.
Past episodes can be found online at <a href="https://www.reiv.com.au">www.reiv.com.au</a>.
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Melbourne Property TV has a new home and a new time

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Property Observer, the online source of independent news and information for property investors and astute buyers, has celebrated its first birthday by becoming Australia’s number-one investment website, according to the latest figures from Nielsen Market Intelligence. 
Property Observer now has 106,000 domestic unique browsers a month and 123,000 UBs in total. 
Private Media, owner of Crikey and SmartCompany, launched propertyobserver.com.au in June 2011. 
"We saw a gap to set up an online publication dedicated to investors in residential and commercial property," Private Media CEO Amanda Gome says. 
“We’re thrilled with the growth of the site and the way Australia’s passionate property community has embraced it.” 
Publisher James Thomson says the aim was to be Australia's largest property investment website within a year. 
"We did that a few months ago and have now overtaken InvestSMART to take the lead in the broader investment category." 
A recent site-based survey of Property Observer’s readers found: 
<ul>
<li>65% of readers own at least one investment property. </li>
</ul>
<ul>
<li>45% intend to purchase an investment property in the next 12 months.</li>
</ul>
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