<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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Tregoyd, the seven-bedroom 1890s Mosman mansion, has been listed for $5,500 weekly rental.
It last sold to the Paris-based O’Brien family for $3.25 million in 1999 when they became its fourth owner.
The residence was part of the 1.1-hectare estate sold for $11 million in 1996 by Pioneer Concrete founder Sir Tristan Antico, who was quite the gentleman when he showed Title Tattle through the house before its sale. It was where Sir Tristan and Lady Antico raised their seven children.
Antico, who died at 81 in 2005, arrived at Sydney's overseas terminal in 1930, aged seven, with just three words of English – "yes, no and toilet". He swam, well into his 70s, each morning at Balmoral Beach, just below Tregoyd. It was his love of horses – through Bernborough Breeding and Racing Ltd – that bought him fiscal problems when in the early 1990s horse prices dropped by 50% or more. His personal losses were considerable so in 1991 he sold almost all of his Pioneer shares but remained in the honorary capacity of president until the Pioneer he had built in 1950 with a few wheelbarrows and shovels and an Oldsmobile was consumed by Lord Hanson's group in 2000 for around $4 billion.
The National Trust-listed mansion was built for Sir William Cullen, the Chief Justice of NSW. Author Ethel Turner, of Seven Little Australians fame, spent much of her time at Tregoyd visiting Lady Cullen and finding inspiration in the gardens and views overlooking Balmoral Beach.
Tregoyd's second owner was Mosman Daily newspaper founder Arthur Walker, who bought the Raglan Street property in 1917. Walker sold to Sir Tristan and Lady Antico for £11,000 in 1953.
Despite hard-fought opposition from locals, the estate was carved into a luxury residential compound with 11 pavillion-style houses designed by Allen Jack &amp; Cottier architect Keith Cottier.
The 120-year-old residence sits on a 2,800-square-metre curtilage.
The townhouse project was undertaken by the Malaysian-backed Dealruby group, known for its $180 million high-rise apartment towers at Moore Park Gardens in South Dowling Street, Redfern.
It’s listed through Ray White Neutral Bay/Mosman leasing agent Nick Yates.
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jchancellor-FAypfDUnLy

Mosman 1890s mansion Tregoyd listed for $5,500 weekly rental

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Melbourne bookmaker Mark Read and wife Shari are having another go at selling their Sunshine Coast acreage retreat at Cooroy Mountain.
It’s been listed for June 22 auction through Ray White Rural agents Peter Douglas and Barry Quinn.
Read, who’s been involved in the sports betting industry for about four decades, once run his business out of the property.
The 10-year-old, double-story Queenslander homestead has 1,340 square metres of space across 16 rooms.
The 44-hectare cattle stud property, known as Beauty Falls, sits in the foothills of Cooroy Mountain in the Noosa hinterland.
Horse lovers will be attracted by its Olympic dressage arena, 18 seven-metre stables with four full-size horse boxes, separate tack room, wash bay and a 75-square-metre holding yard and water.
With 15 paddocks and a three-bedroom cottage, the farm improvements include a set of 125-head steel yards, loading ramp, veterinary handling crush, calf cradle and floodlights.
In the last marketing campaign around $4,875,000 was sought. There were $7 million-plus hopes on its initial 2009 listing.
The latest marketing includes commentary from Read that the property had “been on the market far too long”.
“I cannot expect even replacement cost in the current market, but in my game you do not win on every race.
“The auction will judge its value,” he said.
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Bookie Mark Read tries again to sell Cooroy Mountain horse retreat on the Sunshine Coast

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The Australian Competition and Consumer Commission has approved Fairfax Media’s 50% merger with Antony Catalano’s Metro Media Publishing business, publisher of Melbourne real estate advertising glossy The Weekly Review.
The ACCC said last night on its website it was not opposed to the $35 million cash and assets arrangement that sees Fairfax’s 32-mastehead suburban stable rolled in to the new entity, valued at around $125 million. The regulator commenced its review under its Merger Review Process Guidelines in February, and later sought more information from both sides of the tie-up and other interested parties.
The Weekly Review, which first hit footpaths two years ago, competed in parallel with Fairfax’s Melbourne Weekly for property ad supremacy in Melbourne’s leafy eastern, bayside and north-eastern suburbs. It had ripped more than $20 million out of Fairfax’s treasured real estate ad revenue, which it partly uses to subsidise its journalism initiatives.
Fairfax’s existing community footprint of 1.25 million households will now be combined with The Weekly Review’s 220,000 circulation, creating a bolstered entity to take on News Limited’s REA Group.
The merger, <a target="_blank" href="https://www.crikey.com.au/2011/11/09/real-estate-wars-fairfax-set-to-buy-back-half-of-catalanos-weekly-review/">foreshadowed by Crikey last November</a>, will leave Catalano as CEO of MMP. Fairfax acquired its stake by securing stakes from a number MMP shareholders that included leading real estate agents.
In an <a target="_blank" href="https://media.crikey.com.au/wp-content/uploads/2012/05/All.pdf">internal email to Fairfax staff</a>, obtained by Crikey, Fairfax “Marketplaces” executives Nic Cola and Tony Blamey said that “The ACCC decision is a great outcome for both businesses, staff and clients, because it presents us with opportunities for growth and ensures a positive, customer-focused future for our FCN business.
“Fairfax and MMP are both committed to further development of the business model that includes providing real estate agents with the opportunity to participate in product development. Therefore, the merger will also mean that our clients are much more aligned to our future business.”
Catalano was equally effusive: “The merger will position the new entity as a significant media player in the Victorian market,” he said.
“The scale of the merged businesses will provide us with the opportunity to grow into new markets and to develop new products to better suit readers and advertiser needs.
“On a personal level, I am thrilled to reconnect with the enormous talent pool that exists within Fairfax. I spent 18 years working for Fairfax and have great regard for its people and its brands. I am looking forward to the many talented Fairfax Community Network and Metro Media Publishing staff coming together and continuing to grow our business.”
Rumours were circulating this morning that a new Catalano-helmed website will be set up to complement Domain.
It is not known if the merger will lead to synergy sackings. Staff briefings will be held tomorrow morning at Fairfax’s Media House HQ and tomorrow afternoon at Dandenong and Airport West.
Fairfax shares closed at a record low of 65¢ last night.
This article originally appeared on <a target="_blank" href="https://www.crikey.com.au/">Crikey</a>.
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cknowlton-QnEa6ntUYP

ACCC approves Fairfax-Weekly Review deal

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The Victorian branches of the Urban Development Institute of Australia (UDIA) and the Property Council of Australia (PCA) have welcomed plans to introduce a more transparent and standardised developer contribution system.
The contributions are levied on property developers and are used to pay for essential infrastructure such as roads, sewers, drains and utilities.
They can vary widely from council to council.
The PCA estimates that development charges levied on Melbourne developers as part of council development contribution plans (DCPs) increased about 26% over the past year
The reforms will be released by Victorian Planning Minister Matthew Guy tomorrow and will include a new fee structure and payment timeline determined by an independent committee.
They follow a year-long review of the contribution system.
The committee will shortly be appointed by the minister tasked with putting together the details of the new scheme.
Under the current scheme introduced in 2003 Victorian councils have individual and differing contribution plans.
The new system will feature five categories: community facilities, open space facilities, transport infrastructure, drainage and public land.
Levies will be set for six different categories of development these being greenfield, infill, regional, rural, residential and non-residential development.
Guy told the Australian Financial Review the new model would reduce red tape, improve transparency and provide certainty around the amounts developers must pay.
According to Tony De Domenico, executive director of the UDIA Victoria, getting the reforms right will “put Victoria ahead of the pack”.
“The new system will be a lot fairer because it will clearly set out what developers are responsible for and what should be a council’s responsibility,’’ he says.
Developers have been calling for a reform of the contributions system since 2010.
 
 
 
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lschlesinger-FZcF9M3vE6

New Victorian developer contribution system welcomed by industry bodies

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Failed mortgage broker Refund Home Loans has been sold to the listed non-bank lender Homeloans Ltd.
The company has signed a sales agreement and is set to acquire the business in early June, Property Observer has learned
It will acquire the Refund mortgage book, distribution network and other selected assets of the business.
Refund Home Loans franchise holders will have the opportunity to become brokers with Home Loans Ltd.
The holding company Refund Pty Ltd has been placed in liquidation.
Refund Home Loans, which was founded by Wayne Ormond, collapsed in October last year.
Homeloans Ltd was founded by Tim Holmes and Rob Salmon in 1985. It was previously named International Financing and Investment (IF&amp;I) and originated mortgages for RESI Building Society, which later became The Bank of Melbourne.
In late 1993 it was rebranded as WA Home Loans and then expanded Australia-wide with the development of five similar state-based brands; Homeloans VIC, Homeloans NSW, Homeloans QLD, Homeloans SA and Homeloans Canberra Pty Ltd.
In March 2001 the company was publicly listed on the Australian Stock Exchange.
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Wayne Ormond's Refund Home Loans sold to non-bank lender Homeloans Ltd

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One of the four <city>Richmond</city> properties on the hit Channel 9 renovation series The Block 2011 is back on the rental market, but with a lower rental asking price.
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 <street>37 Cameron Street</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.
Its is now available for rent at $1,100 a week.
It’s listed for rent through Woodwards Carnegie.
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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Top-selling Block 2011 Richmond property reduces asking rent: Title Tattle 

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Property developer Bruce Tilley has listed his <street>Hedges Avenue</street>, <place><placename>Mermaid</placename><placetype>Beach</placetype></place> house. It's a tall house on a narrow block. The Inarc Design house was finished in 2008 to specifications that it be a high-quality residence with rock-star quality, according to its listing in the architecture gallery on the <a href="https://www.architecture.com.au/awards_search?option=showaward&amp;entryno=2009046593" target="_blank">Australian Institute of Architects website.</a>
It was noted on completion that the client had a "no pockets in a shroud philosophy" and set the budget as required to enable the desired result.
Ross Spencer and Daniel Dziadyk worked on the project, which was built by Vitto Ulliana. The interiors were undertaken by Sue Hiscox, with Tony Dowthwaite responsible for its lighting.
The McGrath selling agent Rob <city>London</city> says it’s a landmark on the Gold Coast's premier beachfront street. He suggests the four-level residence blends powerful architecture with a sleek interior ambience from its dramatic black granite foyer inwards towards the beach level entertaining area with billiards and bar, along with eco fireplace in its beachfront lounge.
It comes with an opulent master bedroom with dressing room and spa ensuite and one king bedroom suite per level. Its oak flooring was recycled from a French chateau.
There's a basement six-car garage with turntable.
Tilley, who recently turned 60, is the managing director of the First State Group, which was founded in 1992 and mostly specialises in the construction of commercial, residential and industrial property.
Offers close July 11. The 405-square-metre block cost $1.4 million in 2000.
 
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No-expenses-spared Mermaid Beach property hits the market  

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Australia’s economy is forecast to grow by 3% over the next two years on the back of the mining boom but house prices could fall further, according to the latest economic outlook from the OECD.
In comparison, the US economy will grow by just 2.4% and Britain 0.5%, with Italy and Greece sliding further into recession. The report notes that Australia is one of a number of countries including Canada, Belgium and France where house prices are now “very high” relative to rents and incomes “pointing to possible price corrections at some point or further price corrections in those countries where house prices are already declining".
Australian households remain heavily geared with a high ratio of household debt to disposable income of 183.7%, but this has declined from the pre-GFC level of 186.4%.
In 2000 the ratio was 124%.
The Netherlands has the highest household debt to income ratio of the OECD countries of 290% with the OECD average being 98%.
The report highlights that Australia will continue to reap the benefits of the mining boom, but notes “sharp sectoral disparities”.
It says the high exchange rate, the cautious consumer consumption and investment behaviour of households since the GFC and continued fiscal consolidation are weighing down on many sectors of the economy.
It also notes the recent May 1 rate cut by the RBA of 0.5 percentage points, which although not being passed on fully by the banks due to funding costs, has been an “accommodative stance”
The OECD says that prices of financial assets and property have levelled off since the start of 2012.
 
 
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OECD warns of further Australian house price corrections but expects strong overall growth

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Brad and Lara's South Melbourne The Block 2012 terrace has been listed for 2pm June 30 auction.
It’s being marketed as bigger than the other three offerings in ads the appeared on realestateview.com.au.
“And appointed to a higher level than the other offerings,” its listing agent Karl Gillon at Buxton Albert Park says.
It’s billed as a stunning home with an extensive rear decking with built-in pizza oven and barbecue.
“Nothing has been overlooked with a formal lounge room, powder room, sparkling second bathroom and separate laundry,” Gillon says.
“Brad and Lara's magnificent 'Block' home comes with state of the art electronics and a wealth of energy saving and modern conveniences.”
Just as with <a href="https://www.propertyobserver.com.au/renovating/hockingstuart-very-quick-out-of-the-block-with-channel-9-reality-show-south-melbourne-marketing/2012052254782" target="_blank">403 Dorcas Street, which hit hockingstuart internet marketing </a>earlier, the marketing for 405 Dorcas Street does not reveal any photos of as yet untelevised room reveals.
<img src="/images/stories/405dorcasad1.jpg">
Buxton requests that none of the inspectees take interior photographs of the property while on their by appointment-only inspections.
“The home has been perfected top to bottom with the greatest of everything and is located in one of the best areas in Melbourne with close proximity to all manner of shops, restaurants, schools and of course the beach close by.
“The stunning home features three double bedrooms, main with en-suite and two with walk-in robes.
“The 'wow factor' third level deck soaks in 180 degree views to the city and surrounds; a must see!
“Putting a value on the perfected home is one thing but putting a value on the expert advice, build quality and resultant interior layout with insightful furniture, colour schemes and accessory choices is quite another,” <a href="https://www.realestateview.com.au/Real-Estate/405-dorcas-street-south-melbourne/Property-Details-buy-residential-4020713" target="_blank">says the marketing on realestateview.com.au.</a>
“Leaving the other 'Block' homes in their wake, Brad and Lara's home is bigger and appointed to a higher level than the other offerings, suffice to say, this is the one you want!”
The open day for viewers to attend the Dorcas Street properties is the 16 June/17 June weekend.
<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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Buxton bangs on about having the best in The Block's Dorcas Street, South Melbourne auction offerings 

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The NSW Department of Finance and Services will assume management of 13 state social housing projects in regional NSW that were to be completed by failed builder St Hilliers Construction.
<a target="_blank" href="https://www.propertyobserver.com.au/industry-news/st-hilliers-creditors-meeting-set-for-may-25-as-hundreds-of-contractors-still-await-payment-on-projects/2012051854750">NSW Finance Minister Greg Pearce has come under fire for awarding the $25 million contract to St Hilliers Construction</a> just a few months <a target="_blank" href="https://www.propertyobserver.com.au/industry-news/st-hilliers-construction-arm-placed-in-voluntary-administration/2012051554713">before it collapsed</a> and following the collapse of the previous contractor, Sydney-based building company Perle, in February last year.
Administrators of St Hilliers Construction Trent Hancock and Michael Hird of Moore Stephens Sydney Corporate Recovery Group along with St Hilliers executive chairman Tim Casey said they were disappointed with this decision as they had advised the department that the company was in a position to reopen all 13 sites under the original contracts and to meet all subcontractor payments, which will become due at the end of May. The administrators say they would have been able to complete the projects on time and on budget.
“We are disappointed with this decision as we were ready and able to reopen all 13 sites. Regardless, St Hilliers will provide full support to the Department and to NSW Public Works to ensure all information is transferred and we will do everything we can do to support the reopening of the Project sites as soon as possible,” says Casey.
A number of St Hilliers staff will be available to NSW Public Works to ensure a smooth transition.
Casey says the decision in no way impacts upon its objective to reopen other project sites for all clients, which we are working towards doing as soon as possible.”
To date eight St Hilliers construction sites have been reopened <a target="_blank" href="https://www.propertyobserver.com.au/industry-news/four-st-hilliers-sites-being-built-for-department-of-defence-to-reopen-today/2012052154764">following the reopening of four Department of Defence sites</a> where training facilities are being built.
 
 
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