<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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<div><img src="/images/stories/broadway2.jpg"></div>
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<div>
Judith Neilson, the founder of the White Rabbit Collection, one of the world's most significant collections of Chinese contemporary art, has spent $7,975,000 (including GST) on another Chippendale warehouse (pictured above). But Title Tattle gleans the O’Connor Street warehouse – formerly the Simona fashion headquarters set directly opposite the upcoming exiting Frasers Central Park precinct – will be her new private residence. The three-storey building has 1,375 square metres of warehouse space, plus the adjoining Dick Street 220-square-metre car park holding. It’s mostly open plan with soaring high ceiling and minimal pillars with a glass façade across its 26 metre frontage. Her White Rabbit Gallery is just 50 metres away, a converted former knitting factory on Balfour Street, which has four floors of exhibition space as well as a theatrette, a library and a teahouse. It cost her $4.6 million in 2007. Only a fraction of the collection can be shown at any time, with the entire contents of the gallery are rehung twice a year. For a while last year<a target="_blank" href="https://www.propertyobserver.com.au/residential/heather-ridout-%E2%80%93-now-on-the-reserve-bank-of-mosman-%E2%80%93-has-ridden-out-recessionary-downturns-title-tattle/2011120952768"> there was premature speculation</a> that Neilson would be placing her personal serene Alice in Wonderland world-style art pieces around the penthouse and pool now atop The Residence, the newly completed apartment block overlooking Hyde Park. The selling agent of the Chippendale warehouse, Deans Property Broadway selling agent Justin Rose, isn’t saying much since the sale, but his marketing described it as “without a doubt the hottest property offering of the year with untold future potential for an owner-occupier, developer, investor or anyone who can identify a great opportunity.” It last sold in 1988 for $1.32 million when bought by the family company headed then by designer Inge Fonagy and her late husband, George, who founded Simona in 1963. Now spanning three generations, Simona will continue the tradition of creating classic garments for women of all ages at a nearby Ultimo.</div>
<div><img src="/images/stories/buddaroo.jpg"></div>
<div>
<img style="border-style: initial; border-color: initial; float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">Bong Bong (pictured above), the Burradoo home of Lynette Harvey, the former wife of retail entrepreneur Gerry Harvey, was passed in on a $1.5 million vendor bid last weekend through McGrath Bowral agent Sue Hunter. The 9405-square-metre estate had been listed with $1,995,000 plus hopes given its views over the Wingecarribee River. The four-bedroom, four-bathroom residence comes with large living, dining and entertainment areas, an open-plan kitchen with a butler's pantry and cool room. There’s also an indoor heated swimming pool. The Moss Vale Road property last traded at $2 million in 1999 when Lynette Harvey bought it from prominent medico Bruce Shepherd.</div>
<div><img src="/images/stories/werrinton.jpg"></div>
<div>
<img style="border-style: initial; border-color: initial; float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">Author Bryce Courtenay and wife Christine Gee, the director of the Australian Himalayan Foundation, have yet again reduced price expectations on their Burradoo home (pictured above) in the NSW southern highlands. Set on 8,572 square metres of garden, the house comes with a library, courtyard and five bedrooms. McGrath Bowral’s Anne Stone and Kathie Frost have the listing with $1,955,000-plus hopes for its April 21 auction. It was initially listed with $3.3 million-plus hopes in 2010, then at $2.8 million last August. The property has been listed as Courtenay and Gee have relocated to live at their other home in Canberra. The couple bought the Werrington Street property for $2.8 million in March 2008 from the retired barrister Graham Martin and his wife, Judy.</div>
<div><img src="/images/stories/ruskin.jpg"></div>
<div>
<img style="border-style: initial; border-color: initial; float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">A 1950s modernist Avalon cottage (pictured above) has been sold, for the first time since it was built. Set on a 1,571-square-metre Ruskin Rowe holding, the property was sold by the Russell family, who built the house in 1958. The following year it featured on the cover of Australian House &amp; Garden magazine. No sale price has been given for the house, which was expected to sell for more than $1.3 million through David Edwards of LJ Hooker Palm Beach.</div>
<div><img src="/images/stories/liverpoolst.jpg"></div>
<div>
<img style="border-style: initial; border-color: initial; float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">The Ingham family has pulled its long-held apartment (pictured above) in The Connaught, a high-rise residential tower opposite Hyde Park in the city, from auction this weekend. McGrath agents Ben Forsyth and Ben Collier had $2.6 million hopes for the 24th floor three-bedroom apartment with a 17-metre balcony. Title Tattle recalls it last traded for $505,000 in 1984, the year the Liverpool Street building was completed. When the 239 apartments came onto a depressed market in the early 1980s, they were initially slow sellers and prices realised were low.</div>
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<div>
<img style="border-style: initial; border-color: initial; float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">Rabbitohs fullback Greg Inglis and his wife, Sally, have bought in Coogee, paying $1.11 million for a semi-detached house having been renting an apartment nearby. There had been a makeover to the house since it last traded for $965,000 in 2004.</div>
<div><img src="/images/stories/threetowers.jpg"></div>
<div>
<img style="border-style: initial; border-color: initial; float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">Socrates Vasiliades, the international commodities trader, has relisted his house at 3 Towers Road, Toorak (pictured above). With 22 rooms, a lift, home theatre, gym, pool, basement parking and well-kept gardens, it came with record-setting $30 million hopes last May. Kay &amp; Burton agent Ross Savas advised several months later that he’d received two $25 million offers but Vasiliades was holding out for the full amount for the 2,140-square-metre property. It was then withdrawn from marketing until this week. No new price indication has yet accompanied the latest marketing campaign, which began this week. Vasiliades, who had had tradespeople flown in from around the world to work on the house during its six-year construction, now gives his address as London. The property was bought by his wife, Celeste, in 2002 for $4.6 million from Peter Thomas. Vasiliades has been the chief executive of Core Mining since its 2003 establishment. The iron ore explorer is backed by Glencore International Plc and has Russian steelmaker OAO Severstal as an investor. He has over 23 years’ experience in the steel industry and prior to forming Core Mining he traded steel and bulk raw materials worldwide. The Victorian price record remains with the 2010 Portsea sale of Ilyuka for $26 million.</div>
<div><img src="/images/stories/onetowers.jpg"></div>
<div>One Towers Road, Toorak (pictured above), owned by former JPMorgan Australia chairman Brian Watson, remains listed for sale. Set on 3,900 square metres, the six-bedroom house was once owned by businessman John Elliott. Its Kay &amp; Burton listing agent Michael Gibson expected the house to attract more than $26 million when it was listed last October.</div>
<div><img src="/images/stories/yarnambe.jpg"></div>
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<img style="border-style: initial; border-color: initial; float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">The Darling Point penthouse (pictured above) of the late Jeanette Solomon, the mother of high-profile publican Bruce Solomon, sold after its mid-week auction. It was passed in at $6.8 million, then sold soon after at a higher price by Ken Jacobs of Christie's and Bill Malouf of LJ Hooker, whose Double Bay agency tweeted it has recorded a record month of sales since the gfc. Occupying the top floor of an eight-storey waterfront building in Yarranabbe Road, the three-bedroom, three-bathroom apartment had been expected to sell for more than $6 million. The apartment last traded in 1999 for $3.9 million when sold by the Kelly family following the death of businessman Sir Theo Kelly, a former Woolworths chairman, who lived in the apartment with his late wife, Nan.</div>
<div>{yoogallery src=[images/stories/feb22mcmahon]}</div>
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<img style="border-style: initial; border-color: initial; float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">The Bellevue Hill home of the late Lady (Sonia) McMahon (pictured above) has come down from websites, but Title Tattle gathers it hasn’t sold. Her three children, Julian, Deborah and Melinda, <a href="https://www.propertyobserver.com.au/new-south-wales/lady-sonia-mcmahons-bellevue-hill-home-passed-in-at-%245.9-million-at-weekend-auction-but-not-far-from-expectations-title-tattle/2012032553997">knocked back $5.9 million when it went to weekend auction</a>. The Bellevue Hill property had been listed with $6 million-plus hopes. Sonia McMahon, the widow of former prime minister Sir William McMahon, bought the building block for $3 million in 1991 and subsequently constructed a French Riviera-inspired residence on its 1,252-square-metre holding. It’s understood there’s been a marginally higher offer since the auction from one of the three bidders. It’s listed through Sally Hampshire of Laing+Simmons Double Bay and Victoria Morish of Di Jones Real Estate.</div>
<div>{yoogallery src=[images/stories/feb27simone]}</div>
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<img style="border-style: initial; border-color: initial; float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">Former model Simone Callahan didn’t sell her clifftop Mornington Peninsula retreat, Clahane (pictured above), when it went to weekend auction. The former wife of cricketer Shane Warne, who wants $1.5 million plus for the four-bedroom, 332-square-metre Arthurs Seat house, placed a $1.4 million vendor bid. It was last traded in 2008 at $1,225,000. She’d initially sought $2 million in early 2010, which was subsequently revised to $1.59 million-plus hopes for the 4,700-square-metre property, which comes with self-contained guest accommodation, tennis court and swimming pool. There are views towards the CBD and over the Mornington Peninsula from the renovated single-level Scenic Place house, which had its Fasham-Johnson-makeover done before its last sale. It’s listed through Harcourts Rosebud agent Grant McConnell.</div>
<div>{yoogallery src=[images/stories/march27normandie]}</div>
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<img style="border-style: initial; border-color: initial; float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">Normandie, a French-inspired castle estate at Dural (pictured above), has been sold. Offers of $3 million plus were most recently being sought by Sandy Ward at Ray White Dural, who posted its sale announcement on realestate.com.au this week. No sale price was given. It was a mortgagee-in-possession sale, having been initially listed in September 2009 by its owners with $6.25 million-plus hopes. The imposing sandstone residence was built in 1985 by Bronte Douglass – a founder of Douglass Pathology – and his wife, Darlene. The manor house was built after the couple bought the almost-bare block in the early 1980s for $130,000. They had studied books on French chateaux before finalising their concept for the house with the assistance of designer Darryl Lock, who drew the plans. Lock also created many of the interior finishes, such as the four chandeliers suspended from the 10-metre-high cathedral ceiling in the great hall at the centre of the residence.</div>
<div>The house has a slate roof imported from the Pyrenees, external walls made from Sydney sandstone and interior walls of rendered brick. Designed to maximise its north and easterly aspects, it has forest and rural vistas from every room. At entry level is its great hall with a minstrel's gallery, a huge formal sitting room, banquet-sized dining room, large study panelled with American oak, family room, open-plan kitchen and breakfast area. It comes with four bedroom suites. Its 2.2-hectare grounds have sweeping lawns, ornamental trees, a tennis court and swimming pool. A recent search of the property’s title revealed mortgages to St George Bank and the National Australia Bank. Considered the most exclusive street in Dural, Jane Place has eight properties of 2.2 hectares each. The most recent sale was sold by car dealer Phil Gilbert for $3.75 million. The Douglass house was almost sold last April to the Belmonte family but they bought eslewhere instead.</div>
<div><img src="/images/stories/frantzis.jpg"></div>
<div>
<img style="border-style: initial; border-color: initial; float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">And Title Tattle aims to tell readers first – even if it takes times before the official confirmation – so it was the McGrath upper north shore principal Shane Smollen who has emerged as the mystery $6.45 million buyer of the palatial residence (pictured above) of Perth-bound lawyer Amanda Kailis, of the MG Kailis Group, and her former husband, George Frazis, the Auckland-based chief executive of Westpac New Zealand who is almost famous across the ditch for being New Zealand's highest-paid executive. It had been listed with price hopes of more than $7 million through McGrath agent Simon Exleton, <a href="https://www.propertyobserver.com.au/residential/heather-ridout-%E2%80%93-now-on-the-reserve-bank-of-mosman-%E2%80%93-has-ridden-out-recessionary-downturns-title-tattle/2011120952768">with the December purchaser details being kept tightly under wraps</a>. Built five years ago on a 530-square-metre block in Pacific Avenue, the four-level house has seven bedrooms, a climate-controlled 1,000-bottle wine cellar, a home theatre and large living areas overlooking the beach. The property last traded for $1,367,500 in June 1998. Tamarama’s most recent sale was the residence of Peter Scutt, a former partner of Bankers Trust in New York, which sold at an undisclosed price the day before its scheduled auction. Title Tattle estimates $7.55 million. But despite the four-bedroom, four-bathroom house having been renovated since it last traded for $4.8 million in 2003, the Thompson Street house is set to be rebuilt by its mystery eastern suburbs businessman buyer.</div>
<div>{yoogallery src=[images/stories/march30bassing]}</div>
<div>
<img style="border-style: initial; border-color: initial; float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">And don’t say that Title Tattle told you but singer Natalie Bassingthwaighte and husband, the former Rogue Traders drummer Cameron McGlinchey, are now set to upgrade homes in Melbourne to accomodate their young daughter, have secured $830,000 for their redundant 48 sq m Elizabeth Bay apartment through Scott Aggett from Belle Property. It had cost $749,000 in 2009. Apparently its buyer was a trainee surgeon moving to Sydney from Melbourne. The one-bedroom unit had been rented, currently for $810, for most of the time. The apartment sits on the ground floor of one of Elizabeth Bay's more historic buildings, and its lower level containing the lounge room and bathroom had been converted from a tidal pool. Bassingthwaighte has been a longtime owner in Elwood, buying out Ryan Eckersley, the former Neighbours' assistant director, for his half share in 2005 for $297,500.</div>
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jchancellor-FAypfDUnLy

The White Rabbit's Judith Neilson emerges with $8 million Chippendale warehouse as her intended home: Title Tattle

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A Queensland Supreme Court judge has ruled that Gold Coast property developer Rod Lambert must close down his website, which Ray White claims was damaging its brand.
An application to have the website shut down was submitted by Ray White on March 21 and a ruling issued by Chief Justice Paul de Jersey on March 27.
The ruling applies until the trial of the matter is heard or an earlier order is made by the court.
A search on Google shows that the website is no longer available.
<img src="/images/stories/donttrust.jpg">
The court order restrains Lambert, “his servants or agents” from “maintaining or causing to maintain the internet domain www.dontrustraywhite.com or an internet domain or website with the same or similar name”.
The judge has also ruled that Lambert must not distribute or publish any “leaflets, flyers, newsletters or any other similar publications” that promote the website or any similar website.
In previous online postings, Lambert made allegations of misconduct against Gold Coast prestige sales agent Michael Kollosche, who was previously contracted to the Ray White Broadbeach. Lambert accused Ray White of not taking appropriate action against Kollosche.
In this matter, the judge ruled that Lambert must not publish statements that allege that Ray White will not respond in an appropriate manner to “allegations that Mr Michael Kollosche has engaged in fraudulent conduct”.
The injunction does not prevent Lambert from “making formal complaint or giving a statement to the police or statutory bodies with powers relating to the regulation of the real estate industry”.
A spokesperson for Ray White says it could take up to 12 months for the trial to be heard.
Ray White is seeking to have the website permanently shut down.
 
 
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lschlesinger-FZcF9M3vE6

Court compels Rod Lambert to shut down anti-Ray White website

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The City of Ipswich recently topped an RBA list of the regions with the highest rates of mortgage arrears.
But land values have remained surprisingly unchanged over the past year.
According to the Queensland Valuer-General’s annual valuation released this week land values in 66 Ipswich localities stayed steady from October 2010 to October 2011.
There was a jump in just one locality across the City of Ipswich since last year, which was Deebing Heights.
Medium prices in the rural locality of Deebing Heights increased 1.3% from $197,500 in 2010 to $200,000 in 2011, according to the valuer general Neil Bray.
Bray found over the whole region land values increased 0.1%, reflecting the static market in the area.
Bray said allowances made in 2010 for flood affected properties had been carried for into the new valuations.
“Apart from isolated changes to reflect environmental changes or local sales evidence residential valuations are predominantly unchanged,” Bray says.
“Minor changes were recorded in commercial values with some neighbourhood shopping centre values increasing slightly.”
 
<table cellpadding="0" cellspacing="0" border="0" style="width: 460px;"><tbody>
<tr>
<td valign="top" width="91">
Residential localities
</td>
<td valign="top" width="133">
Previous median value ($)
</td>
<td valign="top" width="120">
New median value ($)
</td>
<td valign="top" width="116">
Change in median value (%)
</td>
</tr>
<tr>
<td valign="top" width="91">
Deebing Heights
</td>
<td valign="top" width="133">
197,500
</td>
<td valign="top" width="120">
200,000
</td>
<td valign="top" width="116">
1.3
</td>
</tr>
<tr>
<td valign="top" width="91">
Amberley
</td>
<td valign="top" width="133">
86,000
</td>
<td valign="top" width="120">
86,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Ashwell
</td>
<td valign="top" width="133">
97,500
</td>
<td valign="top" width="120">
97,500
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Augustine Heights
</td>
<td valign="top" width="133">
207,000
</td>
<td valign="top" width="120">
 
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Barellan Point
</td>
<td valign="top" width="133">
202,500
</td>
<td valign="top" width="120">
202,500
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Basin Pocket
</td>
<td valign="top" width="133">
131,000
</td>
<td valign="top" width="120">
131,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Bellbird Park
</td>
<td valign="top" width="133">
148,000
</td>
<td valign="top" width="120">
148,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Blackstone
</td>
<td valign="top" width="133">
140,000
</td>
<td valign="top" width="120">
140,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Booval
</td>
<td valign="top" width="133">
132,000
</td>
<td valign="top" width="120">
132,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Brassall
</td>
<td valign="top" width="133">
152,500
</td>
<td valign="top" width="120">
152,500
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Bundamba
</td>
<td valign="top" width="133">
128,000
</td>
<td valign="top" width="120">
128,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Calvert
</td>
<td valign="top" width="133">
67,000
</td>
<td valign="top" width="120">
67,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Camira
</td>
<td valign="top" width="133">
182,500
</td>
<td valign="top" width="120">
182,500
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Churchill
</td>
<td valign="top" width="133">
136,000
</td>
<td valign="top" width="120">
136,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Chuwar
</td>
<td valign="top" width="133">
165,000
</td>
<td valign="top" width="120">
165,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Coalfalls
</td>
<td valign="top" width="133">
144,000
</td>
<td valign="top" width="120">
144,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Collingwood Park
</td>
<td valign="top" width="133">
127,000
</td>
<td valign="top" width="120">
127,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Dinmore
</td>
<td valign="top" width="133">
115,000
</td>
<td valign="top" width="120">
115,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
East Ipswich
</td>
<td valign="top" width="133">
126,000
</td>
<td valign="top" width="120">
126,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Eastern Heights
</td>
<td valign="top" width="133">
149,000
</td>
<td valign="top" width="120">
149,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Ebbw Vale
</td>
<td valign="top" width="133">
123,000
</td>
<td valign="top" width="120">
123,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Ebenezer
</td>
<td valign="top" width="133">
93,000
</td>
<td valign="top" width="120">
93,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Flinders View
</td>
<td valign="top" width="133">
155,000
</td>
<td valign="top" width="120">
155,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Gailes
</td>
<td valign="top" width="133">
115,000
</td>
<td valign="top" width="120">
115,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Goodna
</td>
<td valign="top" width="133">
124,000
</td>
<td valign="top" width="120">
124,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Grandchester
</td>
<td valign="top" width="133">
68,500
</td>
<td valign="top" width="120">
68,500
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Haigslea
</td>
<td valign="top" width="133">
130 750
</td>
<td valign="top" width="120">
130 750
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Ipswich
</td>
<td valign="top" width="133">
150,000
</td>
<td valign="top" width="120">
150,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Ironbark
</td>
<td valign="top" width="133">
108,000
</td>
<td valign="top" width="120">
108,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Karalee
</td>
<td valign="top" width="133">
172,500
</td>
<td valign="top" width="120">
172,500
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Karrabin
</td>
<td valign="top" width="133">
124,000
</td>
<td valign="top" width="120">
124,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Lanefield
</td>
<td valign="top" width="133">
93,000
</td>
<td valign="top" width="120">
93,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Leichhardt
</td>
<td valign="top" width="133">
125,000
</td>
<td valign="top" width="120">
125,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Lower Mount Walker
</td>
<td valign="top" width="133">
100,000
</td>
<td valign="top" width="120">
100,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Marburg
</td>
<td valign="top" width="133">
94,000
</td>
<td valign="top" width="120">
94,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Moores Pocket
</td>
<td valign="top" width="133">
107,000
</td>
<td valign="top" width="120">
107,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Mount Forbes
</td>
<td valign="top" width="133">
70,000
</td>
<td valign="top" width="120">
70,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Mount Marrow
</td>
<td valign="top" width="133">
156,250
</td>
<td valign="top" width="120">
156,250
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Muirlea
</td>
<td valign="top" width="133">
141,000
</td>
<td valign="top" width="120">
141,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Newtown
</td>
<td valign="top" width="133">
150,000
</td>
<td valign="top" width="120">
150,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
North Booval
</td>
<td valign="top" width="133">
120,000
</td>
<td valign="top" width="120">
120,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
North Ipswich
</td>
<td valign="top" width="133">
125,000
</td>
<td valign="top" width="120">
125,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
North Tivoli
</td>
<td valign="top" width="133">
87,000
</td>
<td valign="top" width="120">
87,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
One Mile
</td>
<td valign="top" width="133">
125,000
</td>
<td valign="top" width="120">
125,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Peak Crossing
</td>
<td valign="top" width="133">
93,500
</td>
<td valign="top" width="120">
93,500
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Pine Mountain
</td>
<td valign="top" width="133">
183,000
</td>
<td valign="top" width="120">
183,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Purga
</td>
<td valign="top" width="133">
132,000
</td>
<td valign="top" width="120">
132,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Raceview
</td>
<td valign="top" width="133">
138,000
</td>
<td valign="top" width="120">
138,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Redbank
</td>
<td valign="top" width="133">
130,000
</td>
<td valign="top" width="120">
130,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Redbank Plains
</td>
<td valign="top" width="133">
142,000
</td>
<td valign="top" width="120">
142,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Ripley
</td>
<td valign="top" width="133">
136,000
</td>
<td valign="top" width="120">
136,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Riverview
</td>
<td valign="top" width="133">
110,000
</td>
<td valign="top" width="120">
110,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Rosewood
</td>
<td valign="top" width="133">
119,000
</td>
<td valign="top" width="120">
119,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Sadliers Crossing
</td>
<td valign="top" width="133">
155,000
</td>
<td valign="top" width="120">
155,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Silkstone
</td>
<td valign="top" width="133">
134,000
</td>
<td valign="top" width="120">
134,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
South Ripley
</td>
<td valign="top" width="133">
80,000
</td>
<td valign="top" width="120">
80,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Springfield
</td>
<td valign="top" width="133">
165,000
</td>
<td valign="top" width="120">
165,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Springfield Lakes
</td>
<td valign="top" width="133">
160,000
</td>
<td valign="top" width="120">
160,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Tallegalla
</td>
<td valign="top" width="133">
117,000
</td>
<td valign="top" width="120">
117,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Thagoona
</td>
<td valign="top" width="133">
108,500
</td>
<td valign="top" width="120">
108,500
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Tivoli
</td>
<td valign="top" width="133">
107,000
</td>
<td valign="top" width="120">
107,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Walloon
</td>
<td valign="top" width="133">
150,000
</td>
<td valign="top" width="120">
150,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
West Ipswich
</td>
<td valign="top" width="133">
120,500
</td>
<td valign="top" width="120">
120,500
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Willowbank
</td>
<td valign="top" width="133">
134,000
</td>
<td valign="top" width="120">
134,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Woodend
</td>
<td valign="top" width="133">
142,000
</td>
<td valign="top" width="120">
142,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Wulkuraka
</td>
<td valign="top" width="133">
139,000
</td>
<td valign="top" width="120">
139,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Yamanto
</td>
<td valign="top" width="133">
157,500
</td>
<td valign="top" width="120">
157,500
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
All residential localities
</td>
<td valign="top" width="133">
139,000
</td>
<td valign="top" width="120">
139,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
</tbody></table>
</body></html>

awalsh-7Ub9EypybQ

Ipswich land values remain static despite high rate of mortgage arrears

<html><body>
There's now a tipping website, <a target="_blank" href="https://www.propertytycoon.com.au/">www.propertytycoon.com.au</a>, where punters can guess auction five results in Melbourne, Sydney and Brisbane, with no outlay. It's mostly about testing your market knowledge with a small cash prize as a sweetener.
One of the five Brisbane properties going to auction this week in round six is 40 Union Street, Clayfield. The property was built in 1926 and has been in the Molphy family since then. The last descendent, Dr Ruth Molphy, was a substantial benefactor of many charities and institutions including Prince Charles Hospital, St Hilda's and the RSPCA.
Mark Armstrong of Property Tycoon says: "40 Union Street, Clayfield, in Brisbanes inner north may not be the best-presented property going to auction in Brisbane, but it does have a few things going for it."


"It has never been sold before as it has remained in the same family since it was built in 1926. The property sits on almost 900 square metres and is located within five kilometres of the city."
He points out that although Brisbane properties <a href="https://www.propertyobserver.com.au/auctions/brisbane-market-struggles-to-maintain-momentum-with-all-five-property-tycoon-properties-passed-in/2012032654002" target="_blank">have struggled to get over the line lately</a>, this one is likely to find a buyer.
"It is a deceased estate, so for auction tippers that means unlike a lot of property in Brisbane it will sell on Saturday."
<img src="/images/stories/unionst.jpg">
If you think you know what it will sell for place a tip at <a target="_blank" href="https://www.propertytycoon.com.au/">Property Tycoon</a>.
 
 
</body></html>

cknowlton-QnEa6ntUYP

Brisbane auction tipping

<html><body>
<div>
Founder(s): Gary Braams Revenue: $3.64 million Started: 2008 Head Office: New South Wales Employees: 1 Website: <a href="https://www.startupsmart.com.au/weblink?cid=5813&amp;fid=36&amp;ord=1" title="www.clikre.com.au">www.clikre.com.au</a>
</div>
<div>
WINNER OF BEST START-UP PRODUCT
<img style="float: left; margin: 5px;" src="/images/stories/garybraams.jpg">
 
When Gary Braams lost everything he had in 2000 as a builder developer, he decided that he would make the most of his misfortune and create a business from the lessons he learned. 
“The issue was that I only relied on one real estate agent to sell off my apartments I was developing,” he explains. 
“He couldn’t sell enough in time. In fact he sold none of the project that was completed. I lost all my equity and went bankrupt.” 
Braams managed to build a multimillion-dollar business from his dining room table by creating a system that allows real estate agents to access stock listed anywhere in Australia and share in the commissions available. 
The commissions to total per sale can be as high as 5.5%, or even higher depending on the motivation of the vendor. 
Each member has a database to call on and therefore if you have 300 members you have 300 databases. Some members are in China. 
Braams says: “This business concept allows any current real estate agent to close up a cost ineffective business such as half the shop front real estate business out there to simply perform all the tasks from a regional based office or a home office.” 
“Shop fronts are already dying. I’m the hero who will eventually give them options to still bring in an income without the expense of an office. Clik is a virtual real estate office on your laptop or iPad.”
This article originally appeard on <a target="_blank" href="https://www.startupsmart.com.au/">StartupSmart</a>.
 
 
</div>
</body></html>

StartupSmart Awards 2012: Clik International

<html><body>
The REIV has recently released the median prices for 2011. This data set differs from the quarterly data in that it compares all of the residential property sales in 2011 with those in 2010 and 2006 rather than just three months’ worth of sales.
This has the effect of smoothing out some of the peaks and troughs evident on a quarterly basis, thereby providing a clearer medium-term picture of the market.
The data showed that the median house price in Melbourne dropped by 1.8% from $550,000 in 2010 to $540,383. It’s important to understand this result in the context of what happened in 2010, when the median price of a house increased by 18% from $465,000 in 2009. Ongoing increases of that order would not be sustainable and it would appear that prices did drop from the peak in December 2010, partly due to concerns about affordability and a lack of confidence in the economy.
Over the same time, the median price of a unit dropped by 1.3% to $456,000 from $462,000 in 2010. This shows that the performance of the unit and apartment market mirrored that for houses.
This contrasted, however, with the outcome in regional Victoria, where the median price of a house increased by 3.6% from $304,000 to $315,000. While regional Victorian house prices do not exhibit the same variability of those in Melbourne, they also do not match the long-term growth, with a 27% increase since 2006 compared with the 46% increase recorded in Melbourne.
Enzo Raimondo is CEO of the <a target="_blank" href="https://www.reiv.com.au/">Real Estate Institute of Victoria</a>.
 
 
 
 
</body></html>

enzoraimond-7fvRFHPR52

Regional Victoria prices play catchup, but the city remains the powerhouse since 2006

<html><body>
<div>
Founder(s): David Whitfield, Steve Cahill Revenue: $930,000 Started: 2009 Head Office: New South Wales Employees: 6 Website: <a href="https://www.startupsmart.com.au/weblink?cid=5780&amp;fid=36&amp;ord=1" title="www.enlighten.com.au">www.enlighten.com.au</a>
</div>
<div>
<img src="/images/stories/whitfield.gif" style="float: left; margin: 5px;">
EnLighten specialises in designing, marketing, distributing and installing low-energy lighting solutions. 
By combining efficient LED design with intelligent “point of use” control systems, enLighten is able to achieve world-leading energy efficiency outcomes for its clients. 
The first product in this space is a multifunction light marketed under the name “Chamaeleon”, first installed in January last year, with an updated version released in May. 
<img style="float: right; margin: 5px;" src="/images/stories/cahill.gif">
According to Whitfield, Chamaeleon regularly achieves energy savings of more than 90% and is being snapped up by the commercial property market. 
“EnLighten has already been approached by companies wanting to distribute the product in Europe and the USA,” he says. 
“Chamaeleon invariably provides ROI outcomes of less than three years and has achieved a project ROI of as little as six months.” 
During the first half of 2012, enLighten is expected to release four other products into the market, and has several larger product groups being developed. 
“EnLighten projects are resulting in record energy and cost savings for its clients,” Whitfield (pictured left) says. 
“While the LED lighting industry is exploding with copycat products that attempt to duplicate existing technologies, enLighten embarked on a course of product development that focused on achieving maximum outcomes by identifying deficiencies in ‘methods of use’ and/or existing products within the lighting industry.” 
“The suite of patented products that enLighten will release to the market over the next two years will see it emerge as a world leader in energy-efficient lighting solutions.” 
Whitfield says it can be challenging for a new product group to gain acceptance in the market, so perseverance is essential in order the challenge the “accepted way of doing things”.
 
 
 
</div>
</body></html>

StartupSmart Awards 2012: EnLighten Australia

<html><body>
Queensland's Valuer-General released the annual land valuations for properties in the Gold Coast City Council area this week.
Of the 73 localities in the Gold Coast City region, 43 went down in value, 28 had no change in value and <a target="_blank" href="https://www.propertyobserver.com.au/queensland/the-only-two-gold-coast-suburbs-where-values-have-gone-up-in-2011/2012032954069">two increased in value</a>.
The area had an overall decrease in median values of -5.1%, from $247,500 to $235,000.
Valuer-General Neil Bray says the Gold Coast City Council area’s land values reduced by 8% overall since the last valuation in 2011.
Residential values continued to fall in most localities within the local government area, Bray says.
“Generally land values in the central coastal areas of Surfers Paradise and Broadbeach have declined in value by almost 50% since the 2008 peak,” he says.
Decisions on future planned construction projects along with weakening retail, industrial and tourism markets have had negative flow-on effects in spending and growth within the wider community, Mr Bray noted.
 
<table cellpadding="0" cellspacing="0" border="0" style="width: 470px;"><tbody>
<tr>
<td valign="top" width="111">
Localities
</td>
<td valign="top" width="136">
Median value at 1/10/2010 ($)
</td>
<td valign="top" width="136">
Median value 1/10/2011 ($)
</td>
<td valign="top" width="148">
Change in median value (%)
</td>
</tr>
<tr>
<td valign="top" width="111">
Paradise Point
</td>
<td valign="top" width="136">
490,000
</td>
<td valign="top" width="136">
417,500
</td>
<td valign="top" width="148">
-14.8
</td>
</tr>
<tr>
<td valign="top" width="111">
Runaway Bay
</td>
<td valign="top" width="136">
415,000
</td>
<td valign="top" width="136">
360,000
</td>
<td valign="top" width="148">
-13.3
</td>
</tr>
<tr>
<td valign="top" width="111">
Arundel
</td>
<td valign="top" width="136">
247,500
</td>
<td valign="top" width="136">
217,500
</td>
<td valign="top" width="148">
-12.1
</td>
</tr>
<tr>
<td valign="top" width="111">
Labrador
</td>
<td valign="top" width="136">
255,000
</td>
<td valign="top" width="136">
225,000
</td>
<td valign="top" width="148">
-11.8
</td>
</tr>
<tr>
<td valign="top" width="111">
Surfers Paradise
</td>
<td valign="top" width="136">
790,000
</td>
<td valign="top" width="136">
700,000
</td>
<td valign="top" width="148">
-11.4
</td>
</tr>
<tr>
<td valign="top" width="111">
Clear Island Waters
</td>
<td valign="top" width="136">
560,000
</td>
<td valign="top" width="136">
500,000
</td>
<td valign="top" width="148">
-10.7
</td>
</tr>
<tr>
<td valign="top" width="111">
Molendinar
</td>
<td valign="top" width="136">
240,000
</td>
<td valign="top" width="136">
215,000
</td>
<td valign="top" width="148">
-10.4
</td>
</tr>
<tr>
<td valign="top" width="111">
Ashmore
</td>
<td valign="top" width="136">
270,000
</td>
<td valign="top" width="136">
242,500
</td>
<td valign="top" width="148">
-10.2
</td>
</tr>
<tr>
<td valign="top" width="111">
Elanora
</td>
<td valign="top" width="136">
245,000
</td>
<td valign="top" width="136">
220,000
</td>
<td valign="top" width="148">
-10.2
</td>
</tr>
<tr>
<td valign="top" width="111">
Hollywell
</td>
<td valign="top" width="136">
270,000
</td>
<td valign="top" width="136">
242,500
</td>
<td valign="top" width="148">
-10.2
</td>
</tr>
<tr>
<td valign="top" width="111">
Jacobs Well
</td>
<td valign="top" width="136">
220,000
</td>
<td valign="top" width="136">
197,500
</td>
<td valign="top" width="148">
-10.2
</td>
</tr>
<tr>
<td valign="top" width="111">
Benowa
</td>
<td valign="top" width="136">
345,000
</td>
<td valign="top" width="136">
310,000
</td>
<td valign="top" width="148">
-10.1
</td>
</tr>
<tr>
<td valign="top" width="111">
Yatala
</td>
<td valign="top" width="136">
345,000
</td>
<td valign="top" width="136">
310,000
</td>
<td valign="top" width="148">
-10.1
</td>
</tr>
<tr>
<td valign="top" width="111">
Main Beach
</td>
<td valign="top" width="136">
1,000,000
</td>
<td valign="top" width="136">
900,000
</td>
<td valign="top" width="148">
-10
</td>
</tr>
<tr>
<td valign="top" width="111">
Parkwood
</td>
<td valign="top" width="136">
225,000
</td>
<td valign="top" width="136">
202,500
</td>
<td valign="top" width="148">
-10
</td>
</tr>
<tr>
<td valign="top" width="111">
Woongoolba
</td>
<td valign="top" width="136">
140,000
</td>
<td valign="top" width="136">
126,000
</td>
<td valign="top" width="148">
-10
</td>
</tr>
<tr>
<td valign="top" width="111">
Alberton
</td>
<td valign="top" width="136">
131,000
</td>
<td valign="top" width="136">
118,000
</td>
<td valign="top" width="148">
-9.9
</td>
</tr>
<tr>
<td valign="top" width="111">
Springbrook
</td>
<td valign="top" width="136">
142,000
</td>
<td valign="top" width="136">
128,000
</td>
<td valign="top" width="148">
-9.9
</td>
</tr>
<tr>
<td valign="top" width="111">
Gilberton
</td>
<td valign="top" width="136">
143,000
</td>
<td valign="top" width="136">
129,000
</td>
<td valign="top" width="148">
-9.8
</td>
</tr>
<tr>
<td valign="top" width="111">
Steiglitz
</td>
<td valign="top" width="136">
232,500
</td>
<td valign="top" width="136">
210,000
</td>
<td valign="top" width="148">
-9.7
</td>
</tr>
<tr>
<td valign="top" width="111">
Norwell
</td>
<td valign="top" width="136">
135,000
</td>
<td valign="top" width="136">
122,000
</td>
<td valign="top" width="148">
-9.6
</td>
</tr>
<tr>
<td valign="top" width="111">
Helensvale
</td>
<td valign="top" width="136">
212,500
</td>
<td valign="top" width="136">
192,500
</td>
<td valign="top" width="148">
-9.4
</td>
</tr>
<tr>
<td valign="top" width="111">
Bundall
</td>
<td valign="top" width="136">
430,000
</td>
<td valign="top" width="136">
390,000
</td>
<td valign="top" width="148">
-9.3
</td>
</tr>
<tr>
<td valign="top" width="111">
Burleigh Heads
</td>
<td valign="top" width="136">
325,000
</td>
<td valign="top" width="136">
300,000
</td>
<td valign="top" width="148">
-7.7
</td>
</tr>
<tr>
<td valign="top" width="111">
Stapylton
</td>
<td valign="top" width="136">
125,000
</td>
<td valign="top" width="136">
117,000
</td>
<td valign="top" width="148">
-6.4
</td>
</tr>
<tr>
<td valign="top" width="111">
Currumbin Waters
</td>
<td valign="top" width="136">
237,500
</td>
<td valign="top" width="136">
222,500
</td>
<td valign="top" width="148">
-6.3
</td>
</tr>
<tr>
<td valign="top" width="111">
Tugun
</td>
<td valign="top" width="136">
270,000
</td>
<td valign="top" width="136">
255,000
</td>
<td valign="top" width="148">
-5.6
</td>
</tr>
<tr>
<td valign="top" width="111">
Tallebudgera Valley
</td>
<td valign="top" width="136">
186,250
</td>
<td valign="top" width="136">
176,250
</td>
<td valign="top" width="148">
-5.4
</td>
</tr>
<tr>
<td valign="top" width="111">
Coolangatta
</td>
<td valign="top" width="136">
375,000
</td>
<td valign="top" width="136">
355,000
</td>
<td valign="top" width="148">
-5.3
</td>
</tr>
<tr>
<td valign="top" width="111">
Currumbin Valley
</td>
<td valign="top" width="136">
187,500
</td>
<td valign="top" width="136">
177,500
</td>
<td valign="top" width="148">
-5.3
</td>
</tr>
<tr>
<td valign="top" width="111">
Tallebudgera
</td>
<td valign="top" width="136">
251,250
</td>
<td valign="top" width="136">
238,750
</td>
<td valign="top" width="148">
-5
</td>
</tr>
<tr>
<td valign="top" width="111">
Broadbeach Waters
</td>
<td valign="top" width="136">
510,000
</td>
<td valign="top" width="136">
485,000
</td>
<td valign="top" width="148">
-4.9
</td>
</tr>
<tr>
<td valign="top" width="111">
Mount Nathan
</td>
<td valign="top" width="136">
255,000
</td>
<td valign="top" width="136">
242,500
</td>
<td valign="top" width="148">
-4.9
</td>
</tr>
<tr>
<td valign="top" width="111">
Southport
</td>
<td valign="top" width="136">
255,000
</td>
<td valign="top" width="136">
242,500
</td>
<td valign="top" width="148">
-4.9
</td>
</tr>
<tr>
<td valign="top" width="111">
Miami
</td>
<td valign="top" width="136">
310,000
</td>
<td valign="top" width="136">
295,000
</td>
<td valign="top" width="148">
-4.8
</td>
</tr>
<tr>
<td valign="top" width="111">
Ormeau Hills
</td>
<td valign="top" width="136">
207,500
</td>
<td valign="top" width="136">
197,500
</td>
<td valign="top" width="148">
-4.8
</td>
</tr>
<tr>
<td valign="top" width="111">
Bilinga
</td>
<td valign="top" width="136">
340,000
</td>
<td valign="top" width="136">
325,000
</td>
<td valign="top" width="148">
-4.4
</td>
</tr>
<tr>
<td valign="top" width="111">
Currumbin
</td>
<td valign="top" width="136">
330,000
</td>
<td valign="top" width="136">
317,500
</td>
<td valign="top" width="148">
-3.8
</td>
</tr>
<tr>
<td valign="top" width="111">
Robina
</td>
<td valign="top" width="136">
275,000
</td>
<td valign="top" width="136">
265,000
</td>
<td valign="top" width="148">
-3.6
</td>
</tr>
<tr>
<td valign="top" width="111">
Carrara
</td>
<td valign="top" width="136">
237,500
</td>
<td valign="top" width="136">
232,500
</td>
<td valign="top" width="148">
-2.1
</td>
</tr>
<tr>
<td valign="top" width="111">
Biggera Waters
</td>
<td valign="top" width="136">
280,000
</td>
<td valign="top" width="136">
275,000
</td>
<td valign="top" width="148">
-1.8
</td>
</tr>
<tr>
<td valign="top" width="111">
Palm Beach
</td>
<td valign="top" width="136">
305,000
</td>
<td valign="top" width="136">
300,000
</td>
<td valign="top" width="148">
-1.6
</td>
</tr>
<tr>
<td valign="top" width="111">
Ormeau
</td>
<td valign="top" width="136">
207,500
</td>
<td valign="top" width="136">
205,000
</td>
<td valign="top" width="148">
-1.2
</td>
</tr>
</tbody></table>
</body></html>

Paradise Point tops the 43 worst-performing Gold Coast localities in 2011

<html><body>
The Queensland Valuer-General has released the annual land valuations for properties in the Gold Coast City Council area this week.
Valuer-General Neil Bray says the Gold Coast City Council area’s land values had fallen by 8% overall since the last valuation in 2011.
Residential values <a href="https://www.propertyobserver.com.au/queensland/the-43-worst-performing-gold-coast-localities-in-2011/2012032954070" target="_blank">continued to fall in most localities</a> within the local government area, Bray says. <a target="_blank" href="https://www.propertyobserver.com.au/queensland/twenty-eight-localities-on-the-gold-coast-with-values-going-nowhere/2012051354265">They remained stable in two localities</a>.
“Generally land values in the central coastal areas of Surfers Paradise and Broadbeach have declined in value by almost 50 per cent since the 2008 peak,” he says.
Decisions on future planned construction projects along with weakening retail, industrial and tourism markets have had negative flow-on effects in spending and growth within the wider community, Bray notes.
Of the 73 localities in the Gold Coast City region, 43 went down in value, 28 had no change in value and two increased in value.
<table style="width: 470px;" cellpadding="0" cellspacing="0" border="0"><tbody>
<tr>
<td valign="top" width="133">
Residential localities
</td>
<td valign="top" width="137">
Median value at 1/10/2010 
</td>
<td valign="top" width="163">
Median value at 1/10/2011 
</td>
<td valign="top" width="125">
Change in median value (%)
</td>
</tr>
<tr>
<td valign="top" width="133">
Numinbah Valley
</td>
<td valign="top" width="137">
$147,250
</td>
<td valign="top" width="163">
$168,750
</td>
<td valign="top" width="125">
14.6
</td>
</tr>
<tr>
<td valign="top" width="133">
Lower Beechmont
</td>
<td valign="top" width="137">
$131,500
</td>
<td valign="top" width="163">
$138,000
</td>
<td valign="top" width="125">
4.9
</td>
</tr>
</tbody></table>
</body></html>

The only two Gold Coast suburbs where values have gone up in 2011

<html><body>
Socrates Vasiliades, the international commodities trader, has relisted his house at 3 Towers Road, Toorak.
With 22 rooms, a lift, home theatre, gym, pool, basement parking and well-kept gardens, it came with record-setting $30 million hopes last May.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/stories/threetowers.jpg">
Kay &amp; Burton agent Ross Savas Savas advised several months later that he’d received two $25 million offers but Vasiliades was holding out for the full amount for the 2,140-square-metre property. It was then withdrawn from marketing until this week.
No new price indication has yet accompanied the latest marketing campaign, which began this week.
Vasiliades, who had had tradespeople flown in from around the world to work on the house during its six-year construction, now gives his address as London. The property was bought by his wife, Celeste, in 2002 for $4.6 million from Peter Thomas.
Vasiliades has been the chief executive of Core Mining since its 2003 establishment. The iron ore explorer is backed by Glencore International Plc and has Russian steelmaker OAO Severstal as an investor. He has over 23 years’ experience in the steel industry and prior to forming Core Mining he traded steel and bulk raw materials worldwide.
The Victorian price record remains with the 2010 Portsea sale of Ilyuka for $26 million.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/stories/onetowers.jpg">
One Towers Road, Toorak (pictured above), owned by former JPMorgan Australia chairman Brian Watson, remains listed for sale.
Set on 3,900 square metres, the six-bedroom house was once owned by businessman John Elliott.
Its Kay &amp; Burton listing agent Michael Gibson expected the house to attract more than $26 million when it was listed last October.
The empty-nester Watson family bought the Toorak property in 2001 for $11.1 million, a then record-setting price.
Toorak’s highest-priced sale was the reported $24 million sale in 2010 of the former Baillieu family estate on St Georges Road, Toorak when bought by soft-drink magnate Harry Stamoulis.
It was bought from the Inge family, which own the aged-healthcare and property development company Zig Inge Group.
The Inge family had paid $14.8 million for the St Georges Road property in February 2009. The seven-bedroom Federation house had been the home of Diana Baillieu, mother of Victorian Premier Ted Baillieu, until she died aged 93 in 2008.
Building will start this month in Melbourne's blue-chip suburb of Toorak on one of the state's largest and most expensive new homes.
Building was scheduled to start last month one the replacement Stamoulis house to a design by Bruce Henderson.
''The project could be considered one of the largest commissioned single residential projects in recent Victorian history,'' Wayne Krongold from builders Krongold Constructions told The Age.
 
 
 
 
</body></html>

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