<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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A Dallas buyer has bought the luxury French chateau Champ d'Or in Texas, which went to auction last Friday with a US$10.3 ($9.86 million) million reserve price. Its sale price by a mobile phone mogul vendor has gone undisclosed.
Champ d'Or was modeled after Vaux-le-Vicomte in Paris, the elaborate French chateau built by Nicholas Fouquet, the finance minister of Louis XIV, which inspired the design of Versailles.
It sits in front of a 6,070-square-metre lake on the 16-hectareTexas property surrounded by a fence that reputedly cost $1 million about 45 minutes north of Dallas.
The six-bedroom house cost US$46 million ($44 million) and took five years to build, according to <a target="_blank" href="https://www.forbes.com/sites/morganbrennan/2012/03/13/a-dallas-palace-that-cost-46-million-to-build-now-asks-10-million/">Forbes</a>, and has been sitting on the market for nine years having $72 million hopes along the way. One critic called it "the biggest little teardown in Texas” and noted at about 3,2500 square metres, the Goldfields’ house could contain 20 median US homes. The writer of the Dmagazine article Mark N Vamos reported that about a half-mile from the main gate was the entrance to Hickory Creek Estates, a mobile home community featuring a badly rutted road, dead cars, and severely weather-beaten trailers.
Local real estate experts say the property likely sold close to its reserve price of $10.3 million, based on surrounding property prices.
New York City-based Concierge Auction oversaw the auction of the house, which has its own <a target="_blank" href="https://en.wikipedia.org/wiki/Champ_d'Or_Estate">Wikipedia page</a>.
It says the baroque French chateau located in Hickory Creek takes its name "anglised as Field of Gold," from the surname of Alan and Shirley Goldfield, who built the house in 2002, and reportedly opted instead to live close by rather than in the house. It’s been reported that the Brooklyn, NY-born Goldfield founded his business in 1969 as National Tape and Record Center. In late 1997, as CellStar’s stock rode the tech and telecom boom, his 34% stake in the company was worth $500 million.
The Forbes magazine-featured house also appeared in several books on French architecture and interior design.
Its ballroom has mirrors patterned after Versailles, its indoor swimming pools have Lalique doors and the master bedroom suite has a two-story "hers" closet modelled after the Chanel boutique in Paris. The rooftop pool at the Hôtel de Paris in Monte Carlo inspired the couple’s pool facilities.
Joan Eleazer of Briggs Freeman Sotheby's International Realty was the listing agent. The buyer was represented by Clay Stapp of CLAY STAPP+CO.
“It is a remarkable achievement to have sold this estate — and particularly to have done so in a five-week time span,” stated Robbie Briggs, the owner of Briggs Freeman Sotheby’s.
Joan Eleazer, who was the first agent to try to sell the house indicated had previously indicated: “There’s a very narrow market for a home like this.”
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Luxury Texas chateau Champ d’Or sells for about US$10 million – a quarter of its build cost

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Prahran is one of Melbourne’s auction hotspots, with its 2012 clearance rate running at 75%.
The suburb, which has a good supply of Victorian houses, is attracting buyers who just can’t find anything as affordable in Toorak, Armadale or South Yarra.
''The better streets of Prahran and East Prahran, where there's been some market activity of late, are drawing what we call 'lateral buyers','' Marshall White agent Marcus Chiminello told Fairfax Media.
''They are buyers who are happy to compromise on postcode if they can get similar amenity nearby.''
{yoogallery src=[images/stories/april3grandview]}
RT Edgar agent Jeremy Fox, who sold the top-selling house at the weekend in Prahran, at 4 Grandview Grove (pictured above), says the market appears to be improving.
The house was described as a stunning single-level Italianate Victorian residence renovated and extended under supervision of Carr Design and featuring pool and spa, high ceilings, floor to ceiling glass, return driveway and two street frontages.
With three bidders, the house on 918 square metres fetched $4.57 million, having been listed with initial $4 million-plus hopes. It was announced on the market at $4.32 million, according to the James Buyers Advocates report.
Fox says there are a lot of people trading up their houses now and a lot of people coming from overseas.
Prahran had the highest number of auctions on the weekend, with 13 out of 17 reported results sold, reflecting a 76% weekend clearance rate.
Real estate agency hockingstuart says <a target="_blank" href="https://www.propertyobserver.com.au/residential/prahran-the-hockingstuart-mid-autumn-2012-property-review/2012040254120">Prahran will continue to have strong capital growth.</a>
 
 
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Prahran a Melbourne auction hotspot as buyers trade down from Toorak

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The Real Estate Institute of Victoria has released a list of the 10 Victorian suburbs with the highest capital growth rates over the past five years and over the past one year. Only the north-eastern Melbourne suburb of Ivanhoe appears on both lists, with 7% capital growth in the past year and a remarkable 94% capital growth over the past five years.
One-year capital growth Victorian hotspots:
<img src="/images/stories/15percent.gif">
The capital growth in the past year in Derrimut, according to the Real Estate Institute of Victoria. House prices increased from a median of $400,000 in 2010 to a median of $460,000 in 2011.
 
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<img src="/images/stories/13percent.gif">
The capital growth in the past year in Healesville, according to the Real Estate Institute of Victoria. House prices increased from a median of $372,500 in 2010 to a median of $421,000 in 2011.
 
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<img src="/images/stories/9percent.gif">
The capital growth in the past year in Fitzroy, according to the Real Estate Institute of Victoria. House prices increased from a median of $835,000 in 2010 to a median of $912,500 in 2011.
 
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<img src="/images/stories/9percent.gif">
The capital growth in the past year in Taylors Lakes, according to the Real Estate Institute of Victoria. House prices increased from a median of $470,000 in 2010 to a median of $510,000 in 2011.
 
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<img src="/images/stories/8percent.gif">
The capital growth in the past year in Melton, according to the Real Estate Institute of Victoria. House prices increased from a median of $470,000 in 2010 to a median of $510,000 in 2011.
 
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<img src="/images/stories/8percent.gif">
The capital growth in the past year in Cairnlea, according to the Real Estate Institute of Victoria. House prices increased from a median of $482,000 in 2010 to a median of $519,750 in 2011.
 
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<img src="/images/stories/8percent.gif">The capital growth in the past year in Toorak, according to the Real Estate Institute of Victoria. House prices increased from a median of $2,385,000 in 2010 to a median of $2,567,500 in 2011.
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<img src="/images/stories/7percent.gif">
The capital growth in the past year in Chirnside Park, according to the Real Estate Institute of Victoria. House prices increased from a median of $450,000 in 2010 to a median of $483,500 in 2011.
 
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<img src="/images/stories/7percent.gif">  
The capital growth in the past year in Ivanhoe, according to the Real Estate Institute of Victoria. House prices increased from a median of $1,075,000 in 2010 to a median of $1,152,500 in 2011.
 
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Five-year capital growth hotspots
 
<img src="/images/stories/94percent.gif">
The capital growth in the past year in Ivanhoe, according to the Real Estate Institute of Victoria. House prices increased from a median of $595,000 in 2006 to a median of $1,152,500 in 2011.
 
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<img src="/images/stories/87percent.gif">
The capital growth in the past year in Albert Park, according to the Real Estate Institute of Victoria. House prices increased from a median of $717,500 in 2006 to a median of $1,340,000 in 2011.
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<img src="/images/stories/86percent.gif">
The capital growth in the past year in Sunshine North, according to the Real Estate Institute of Victoria. House prices increased from a median of $234,000 in 2006 to a median of $435,000 in 2011.
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<img src="/images/stories/86percent.gif">
The capital growth in the past year in Braybrook, according to the Real Estate Institute of Victoria. House prices increased from a median of $230,500 in 2006 to a median of $428,500 in 2011.
 
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<img src="/images/stories/84percent.gif">
The capital growth in the past year in St Albans, according to the Real Estate Institute of Victoria. House prices increased from a median of $210,000 in 2006 to a median of $386,000 in 2011.
 
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<img src="/images/stories/81percent.gif">
The capital growth in the past year in Sunshine, according to the Real Estate Institute of Victoria. House prices increased from a median of $238,000 in 2006 to a median of $430,000 in 2011.
 
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<img src="/images/stories/80percent.gif">
The capital growth in the past year in Brunswick East, according to the Real Estate Institute of Victoria. House prices increased from a median of $430,750 in 2006 to a median of $776,000 in 2011.
 
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<img src="/images/stories/80percent.gif">
The capital growth in the past year in Doveton, according to the Real Estate Institute of Victoria. House prices increased from a median of $183,000 in 2006 to a median of $329,500 in 2011.
 
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<img src="/images/stories/79percent.gif">
The capital growth in the past year in Airport West, according to the Real Estate Institute of Victoria. House prices increased from a median of $315,000 in 2006 to a median of $565,000 in 2011.
 
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<img src="/images/stories/78percent.gif">
The capital growth in the past year in Springvale, according to the Real Estate Institute of Victoria. House prices increased from a median of $265,000 in 2006 to a median of $472,000 in 2011.
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lschlesinger-FZcF9M3vE6

Top 10 Victorian capital growth hotspots, with Ivanhoe a shining star for past five years: REIV

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A Melbourne real estate agent discriminated against a female employee when it dismissed her because of her “overall young look”, the Fair Work Ombudsman has found.
Real estate agency Buxton Sandringham has agreed to pay the woman $1200 compensation and to revamp its workplace policies.
The woman was employed as a personal assistant on a casual basis in June, 2010 - when she was 23 - but dismissed a month later, shortly after she had assisted at an auction by recording bids.
One of Buxton’s male sales consultants told her that some of the company’s directors who had seen her at the auction were concerned she looked “too young”, was “too short” and would not have the presence to effectively negotiate at auctions.
He said he “needed someone he could turn into a sales person and that this was not possible for her because of her overall young look.”
The consultant terminated her employment, saying: “The reason I have done this now is because the training I would need to do would be a waste of time if I then have this concern six months later”.
The Fair Work Ombudsman investigated the matter after the woman lodged an official complaint and said Buxton had to apologise to the woman and pay her $1200 compensation.
Buxton has also agreed to develop new recruitment and termination policies, commission workplace relations compliance training for its directors and alert other Buxton Group franchisees to its breach.
Fair Work Ombudsman Nicholas Wilson says it is important for employers to treat their employees fairly and be aware of their obligations under workplace laws.
“Employers who have fair and transparent selection processes for recruitment, promotion, training and other business systems will be well-placed to cultivate fair workplaces free of discrimination,” says Wilson.
Buxton Sandringham were unable to respond to our request for comment in time for publication.
This article originally appeared on <a href="https://www.smartcompany.com.au/index.php" target="_blank">SmartCompany</a>.
 
 
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cknowlton-QnEa6ntUYP

Melbourne estate agent admits sacking worker for being 'too young' and 'too short'

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Rose Porteous placed a $4.5 million vendor bid when her redundant Toorak abode went to weekend auction. The Perth socialite bought the Irving Road house for $4.75 million in 2007. The Georgian-style residence comes with a double-height entrance hall. It was listed with Phillip French and Jeremy Fox at RT Edgar.
<img style="border-style: initial; border-color: initial;" src="/images/stories/porteous2.jpg">
The three-bedroom, four-bathroom house comes with lift access. Any sale will draw the curtain on Porteous's plentiful Toorak property plays, which have filled the city's society columns for much of the past decade.
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Rose Porteous’s Toorak home passed in at weekend auction: Title Tattle

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It was March 2007 when Soumershell, the ultra-contemporary house on the shores of Gunnamatta Bay of longtime Cisco operative Frank Maly and wife Monica, hit the market.
"The owner wants $10 million and we've had interest from two or three parties above the $8 million mark," the initial listing agent advised at the time.
A year earlier a $6.6 million Burraneer record had been set, so as the five-bedroom Shell Road house was deemed superior, so to were its price expectations.
But even before the global financial crisis impacted on prestige pricing, the Port Hacking property faced the headwinds of negative price sentiment with belated price adjustments being periodically made along the way.
On its second auction campaign, in October 2007 auction, the reserve was $8.5 million. By June 2008, the hopes were put as $7.5 million plus. The land cost $1.63 million in 1999.
In 2009 there was some price guidance across the fence when $3.8 million was achieved the neighbouring house. The two-level 1964 house with boatshed and pool on a 2,112 square metre block was sold by executors of the late Joseph Boseley, the inventor of the Bosclip Lawn Barber'n Edge Trimmer, hair clippers and the boomerang pillow, having been listed with $3.5 million-plus hopes.
Soumershell was available at $2,700 a week rental in mid-2009.
The $7.5 million-plus asking price stayed until October 2011 when the price expectation was adjusted under its fourth marketing agent to $6 million plus.
When marketing began for its March 31 auction the conjunctional agents were suggesting $5 million plus for the high-end contemporary deep waterfront house.
The tri-level house set on 1,184 square metres with 20-metre heated lap and plunge pools, level lawns, slip rail with cradle and pontoon with poles.
Inside there’s triple lock-up garage, heated limestone floors, gym and home theatre.
"A motivated vendor ensures all this is available at below replacement cost," said its conjunctional listing agent David Highland from Highland Property Agents pre-auction.
After Saturday’s auction, when the property sold for $4.95 million, conjunctional McGrath agent Kieren Bresnahan said, “Previously it would have been worth a lot more, but in the current climate that was about what we thought”.
The sale of the Sutherland Shire property <a target="_blank" href="https://www.propertyobserver.com.au/auctions/melbourne-passes-super-saturday-auction-acid-test-while-sydney-results-were-weaker/2012033054094">was the highest known weekend auction result</a>.
 
 
 
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After five years, super Saturday's $4.95 million highest sale represents a half-price haircut on Port Hacking

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Macquarie Group’s new farmland fund has spent $15.9 million to buy grain farming property Kealandi near Moree in northern NSW.
The fund purchased the 4,000-hectare property from the Taylor family in an off-market transaction brokered by Peter Houlahan from stock and station agents Houlahan Young.
Market sources have suggested the indicative $4,000 per hectare was a strong sales result for Moree, which is renowned for its highly productive black soil.
The fund’s directors include former Twynam Agricultural executive chairman Christine Campbell.
Macquarie has become one of Australia’s largest landholders in recent years, held through its pastoral fund, which has aims of acquiring $1 billion worth of grazing land.
Another rural property transaction near Esperance in Western Australia, worth more than $20 million, is believed to have added to the new fund, according to The Australian Financial Review.
Macquarie declined to comment to the AFR on the transactions as it is at a sensitive stage in raising up to $700?million for the purchase of other grain-producing farms in Australia and Brazil.
 
 
 
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Macquarie Group buys Moree grain farm for $15.9 million

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The Block renovation television series seems set to return home to Sydney after the current South Melbourne series.
The production company has bought four single-level semis at Bondi, close to the southern end of the coastal strip.
The hush-hush purchase which echoes its previous property acquisitions of four adjacent properties has possibly cost $4.4 million or more. Each of the three-bedroom semis (pictured below) sits on a 260-square-metre holding.
<img src="/images/stories/theblockproperties.jpg">
The $1.32 million sale of an adjacent semi indicates its partial renovation potential, although The Block is likely to add a second level subject to council permission.
<img style="float: left; margin: 5px;" src="/images/stories/blockposter.jpg">
The <a href="https://www.propertyobserver.com.au/renovating/father-daughter-and-mother-son-teams-in-channel-9-s-upcoming-the-block-2012/2012032954015">next soon-to-air series is set in South Melbourne</a> which commences Monday April 16 features four two-storey terrace houses getting an extra floor. It follows the previous top-rating Richmond series during 2011.
The first series that aired in 2003 was closer to the heart of the beachside strip, on Roscoe Street, Bondi Beach, with four flats undergoing renovation.
It was followed by series at coastal Manly and Vaucluse, where blocks of four flats underwent renovation.
 
 
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It’s back to Bondi for The Block home renovation reality series after they sell South Melbourne

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Listed Hong Kong property developer Sun Hung Kai Properties Limited (SKHP) will continue to operate as normal following the arrest of joint chairmen and brothers Thomas and Raymond Kwok on bribery charges by Hong Kong’s anti-corruption watchdog.
According to Bloomberg, SKHP is the second-biggest property company in the world by value and was worth HK$290 billion ($36 billion) with assets of HK$442 billion ($55 billion) as of December 2011.
SKHP specialises in developing residential projects, offices and shopping centres and employs more than 35,000 people.
Forbes magazine lists the Kwok family as the third-richest in Hong Kong, with combined wealth of US$15.4 billion ($14.8 billion).
Thomas and Raymond took over the running of the company from another brother, Walter Kwok, in 2008 after ousting him in a boardroom battle.
<img src="/images/stories/hktower.jpg">
Among the company’s most prized assets is the 108-storey International Commerce Centre in Kowloon (pictured above), the fourth-tallest building in the world, which it jointly developed and owns with the MTR Corporation Limited.
Shares in SKHP were suspended at 9.51am Hong Kong time yesterday (12.51 AEST) at the request of the company following the arrest of the two Kwok brothers by Hong Kong’s Independent Commission against Corruption (ICAC) in connection with an “investigation into suspected offences allegedly committed under the Prevention of Bribery Ordinance”.
SKHP has requested that the share resume trading at 9am Hong Kong time today.
Shares were down 15% in early trading from HK$111.10 to HK$94.
“The company wishes to clarify that the abovementioned arrests have not affected and will not affect the normal business and operations of the group,” says SKHP in a statement on its website.
“Subject to undertakings being provided to abstain from voting in respect of any matter relating to the allegations, the board has resolved that it is in the best interests of the company for Messrs Thomas and Raymond Kwok to continue to undertake and discharge their duties to the group including their duties as joint chairmen and managing directors of the company.
“Such resolution was unanimously passed by the 10 directors who participated in a board meeting of the company today.
“Messrs Thomas and Raymond Kwok did not participate in that board meeting.
“The executive committee continues to be responsible for the day-to-day management and operation of the company as usual.”
SKHP has re-constituted a special committee made up of three executives – Mike Wong Chik-wing, (executive director), Michael Wong Yick-kam (non-executive director) and Professor Richard Wong Yue-chim (independent non-executive director) to “handle all matters which may arise from and relate to the investigation”.
The special committee was originally set up on March 19 following the arrest of executive director and board member Thomas Chan Kui-yuen under suspicion of similar offences alleged against Thomas and Raymond Kwok.
Separately, SKHP’s current chief executive Donald Tsang is being investigated by ICAC for allegedly accepting trips on the yachts and planes of tycoons.
SHKP has been listed on the Hong Kong Stock Exchange since 1972.
Bloomberg lists US mall owner the Simon Property Group as the world’s biggest property company by market value worth US$44.3 billion ($41.6 billion).
Image courtesy of Sun Hung Kai Properties Limited
 
 
 
 
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Hong Kong property giant SKHP to operate as normal following arrest of joint chairmen

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Both Neometro’s luxury Forty One Darling Street South Yarra duplex terrace abodes have now sold.
<img src="/images/stories/41darling.jpg">
The latest sale was a four-bedroom, three-bathroom house with multiple living areas with 344 square metres of internal space and terraces of 50 square metres plus plunge pool.
<img src="/images/stories/41darling2.jpg">
It was a design collaboration between Neometro and interior designer Kerry Phelan with warm greys and honey tones, timber flooring, quality stone and bespoke timber cabinetry and detailing. There’s a lift from its basement car parking.
<img src="/images/stories/41darling3.jpg">
Its lush gardens include a palm tree.
<img src="/images/stories/41darling4.jpg">
It was the latest in the offerings from the Neometro’s 25-year track record. Possibly Neometro's best-known development is the Luxe building on Inkerman Street in St Kilda, which won the Royal Australian Institute of Architects national award for commercial architecture in 2000.
<img src="/images/stories/41darling5.jpg">
It sold through Ben Khong at Neometro for just over $4.1 million. The slightly larger north-facing adjacent terrace fetched $4.4 million of the plan in 2010.
<img src="/images/stories/41darling6.jpg">
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