<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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The Kahlbetzer family’s Twynam Group has sold the 35,600-hectare Collymongle rural property at Collarenebri in northern NSW.
Its reported sale price of the Morree Plains farm is more than $40 million.
The neighbouring Zell family of Taroo farm purchased the property that produces cotton, oilseeds and wheat and breeds Angus cattle.
It sits on the Gwydir River and Barwon River.
About 14,400 hectares of Collymongle is arable, of which 7500 hectares is developed for irrigation.
Some <a href="https://www.propertyobserver.com.au/https://trove.nla.gov.au/ndp/del/article/52267675?searchTerm=collymongle&amp;searchLimits=l-decade=194" target="_blank">very old Aboriginal carved trees were removed to museums</a> from the property in the late 1940s while it was under the ownership of the Tompkins family.
The sale last week was through Phil Rourke and Paul Thomas of Landmark Harcourts, and its price was undisclosed.
Twynam acquired Collymongle in 1999 when it assumed full ownership of Colly Cotton, having previously held a 25% stake.
It subsequently sold the ginning and marketing interests of Colly Cotton but retained the property, although the Land's Peter Austin reported the bulk of the water entitlements were offloaded in 2009 as part of Twynam’s $300 million sale of surface water rights to the federal government.
The sale of Collymongle leaves Twynam with just its Jemalong and The Mount properties at Forbes, Merrowie at Hillston and Gundaline and Cobran in the Riverina.
The Collymongle Collarenebri Cup meeting has been one of the jewels in bush racing.
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Kahlbetzer family’s Twynam Group sells Collymongle in northern NSW

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The founder of internet travel website Club Freedom, Ron Litherland, has further reduced the asking price to $12.5 million for his European Gothic-inspired castle built on Sovereign Islands on Queensland's Gold Coast.
He once wanted $20 million for the not quite majestic Paradise Point property.
It’s currently for sale through several local agents including Zlata Becic at Mint Properties.
The recently built four-level imitation castle, complete with balustrades and turrets, has seven bedrooms and nine bathrooms.
It also has two studies, a home theatre, a library and a billiard room. There is an entertainment area on the roof and in the basement there is a garage for up to 20 vehicles.
The house has floors of polished Travertine marble, fireplaces in Sahara Gold granite and hand-crafted, mahogany-mullioned windows.
One of its earlier listing agents, George Bobolas of Ray White Paradise Point, indicated an offer of $14.1 million was knocked back during his 2010 listing.
The house is on a 1,458-square-metre block on Knightsbridge Parade West, which was bought for $3.75 million in 2007 by the Phuket-based former truckie from Brisbane.
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Paradise Point castle: Most Discounted Trophy Home of the week

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<img src="/images/stories/scenichwy.jpg">
<img src="/images/stories/flagtitletat.jpg" style="float: left; margin: 5px;">The most spectacular new house on the NSW central coast (pictured above) – with state-of-the-art mod cons including self-cleaning glass – has been snappily sold for $6.5 million to Ian Norman, the co-founder of the Harvey Norman discount store chain that dates back to its earliest days in 1961.The mansion had been listed for sale with $6.75 million-plus hopes last October through Mat Steinwede of McGrath Terrigal. It’s set on a 586-square-metre block on cliffs just south of The Skillion. The recently completed three-level residence was built by the rag trader Ghassan Ghazal, who bought the Scenic Highway vacant block for $1.5 million in January 2010. Title Tattle gathers there was exchange and settlement all within a fortnight.
<iframe border="0" frameborder="0" id="Scenic Highway" marginheight="0" marginwidth="0" name="Scenic Highway" src="https://imagetrack.com.au/pv/view.php?sc=2708f0a4a8&amp;fetch_embed_code=https://imagetrack.com.au/pv/embed_code.php?sc=2708f0a4a8" style="height: 291px; width: 470px;"></iframe>
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It beat the central coast’s previous $5.6 million Avoca record. It’s set to be Norman’s semi-permanent residence. It features vast expanses of glass to take full advantage of the ocean and coastal views. The four-bedroom, six-bathroom house has a glass lift, a floating glass staircase (with LED lighting), an aquarium, a cinema room (fitted with electronically operated recliner chairs) and a climate-controlled, 1,000-bottle wine cellar. The open-plan living and dining areas open onto a cliff-edge garden with terraces, lawn and an infinity-edge pool. On the nearby Wamberal beachfront, Gazal has built another house, which he apparently intends to keep. Norman is the low-key co-founder of the Harvey Norman retail chain with Gerry Harvey. Filings lodged with the corporate regulator show Dimbulu Pty Ltd, a private company controlled by Ian Norman and his wife, Shirley, is Harvey Norman’s second largest shareholder, with a stake worth some $350 million.
<img src="/images/stories/flagtitletat.jpg" style="border-style: initial; border-color: initial; float: left; margin: 5px;">Alastair Provan, the long-time Bell Potter Securities executive, and his, wife, Jan have spent $8.8 million on their high-rise apartment in newly completed complex The Residence overlooking Hyde Park. The one-time headquarters for the NSW Police has been gutted and refurbished by architectural firm Scottcarver to accommodate 87 upmarket apartments. The College Street complex was marketed by CBRE with the initial sales through Laing Real Estate, Pagdens, and Christies International. 
<img src="/images/stories/flagtitletat.jpg" style="border-style: initial; border-color: initial; float: left; margin: 5px;">Interior decorator Garth Barnett has spent $2,254,500 to buy into the Altair, Rushcutters Bay complex. It last sold at $2.1 million in 2007, and was briefly listed in 2010 through Di Jones at $2.3 million. The 17th-floor apartment comes with three bedrooms and two bathrooms totalling 206 square metres. It was first sold in 2001 by the developer, Walker Corp, at $1,375,000.
<img src="/images/stories/bennett.jpg">
<img src="/images/stories/flagtitletat.jpg" style="border-style: initial; border-color: initial; float: left; margin: 5px;">Byron Bay-bound businessman Neville Miles and his wife, artist Beryl, want $5 million plus for their Surry Hills warehouse (pictured above and below) at its February 25 auction.
<img src="/images/stories/bennett2.jpg">
The Bennett Place warehouse that dates back to the 1870s was most recently renovated in 2009-10 by Hare + Klein. It sits on a 247-square-metre block at the corner of Bennett Place and Marshall Street. The building spans three levels with 780 square metres of living space. It last sold at $3.1 million in early 2009.
<img src="/images/stories/clydecottage3.jpg" style="border-style: initial; border-color: initial; font-size: 14px; text-align: left; max-width: 480px;"> 
<img src="/images/stories/flagtitletat.jpg" style="border-style: initial; border-color: initial; float: left; margin: 5px;">Clyde Cottage (pictured above), the one-time Queen Street, Woollahra childhood home of Dame Joan Sutherland, has been sold for $4 million. The much-admired yet dilapidated, house in a prime position on the cafe strip had last sold for $6.45 million in late 2007. The 803-square-metre property that comes with Stephen Dunkley-secured development approved plans will have its restoration and extension undertaken by Singaporean businessman Ronald Ooi,  who in January 2011 oversaw the sale of his 40-year-old family company the securities and investment broker, Kim Eng, for a sum of S$1.8 billion ($A1.35 billion) to Maybank.
Ooi, who had a 15% stake, has assumed a new role as executive advisor at Maybank Kim Eng, which has adopted the tiger symbol as its corporate logo. Clyde Cottage has been bought by Ooi and his wife, Erica. Clyde Cottage had been listed through Damien Bickmore-Hutt at Bickmore-Hutt Realty, who was initially seeking $6 million-plus buyers. Buyers were advised that the costs of repair and extensions were at least $3.75 million before landscaping based on a Heymann Cohen quantity surveyor report. A $5 million total project cost was forecast by the valuer Jason Smith who in 2009 envisaged a $15 million completion value. 
The two-level, four-bedroom house became Sutherland’s home after her father died suddenly on her sixth birthday in the early 1930s. It was the home of her grandfather, Alexander Alston, a master builder who built the upper storey and extensions at the back. It currently has 270 square metres of space on both levels. It was her home for 19 years – where she was inspired by listening to the voices of Dame Nellie Melba and Enrico Caruso on a borrowed gramophone. Its been reported Sutherland, as a child, sang to the birds from a swing under a camphor laurel tree in the backyard of Clyde Cottage, which is National Trust classified because of its historic importance and its architectural interest. Several years before her death Sutherland noted: "Unfortunately, from the time my family gave up the house, the deterioration set in.”
<img src="/images/stories/cootescastle.jpg">
<img src="/images/stories/flagtitletat.jpg" style="border-style: initial; border-color: initial; float: left; margin: 5px;">Sadness is being expressed at the death of John Coote, one of the great interior designers who buoyed Melbourne's property credentials, especially during the 1980s. His Melbourne client list included the Lews, Foxes, Elliotts and Kimberleys. His 1987 Corrie Perkin Good Weekend piece was headlined - John Coote turns new money into old. The Australian born, RMIT-trained, Pimlico Road, London interior designer died last weekend in Indonesia of a suspected heart attack. He was 62 years old, and only recently embarked on his latest project - a 17th century villa in Italy. He was last in the local headlines during his 1991 divorce from Andrea Coote over the settlement of "Coote Castle", the 18th-century Irish mansion Bellamont Forest (pictured above), which John had reclaimed as his family's ancestral home. The property is officially known as Bellamont Forest, and Coote, who was born in Victoria's Wimmera, bought back the 400-hectare family estate in 1987 after 100 years out of family ownership and then embarked on a 22-year restoration. The <a href="https://william-montgomery.com/properties/bellamont.htm">Palladian villa</a> was listed at €4.5 million on its early 2010 listing through Knight Frank inconjunction with William Montgomery/Sotheby's. John and Andrea, who's since remarried, apparently later made up. A memorial service will be held for him at St John's Anglican Church in Toorak on February 6.
<img src="/images/stories/flagtitletat.jpg" style="border-style: initial; border-color: initial; float: left; margin: 5px;">Title Tattle aims to tell you as soon as we know – often before it happens – so the word is that Maggie Beer has expanded her Barossa Valley holdings. It’s a neighbouring eight-hectare stone fruit orchard. It seems the South Australian food industry icon couldn't face seeing it turned into grape vines. It was the late 1970s when the former Sydney urbanite packed up for the Barossa Valley with husband Colin,  who is now CEO of the food business that reputedly turns over more than $10 million a year and employs 74 staff, as well as running vineyards in the Riverland district and a winemaking business. Title Tattle recalls when Colinwon a Churchill Fellowship to study pheasant farming.
<img src="/images/stories/flagtitletat.jpg" style="border-style: initial; border-color: initial; float: left; margin: 5px;">And don’t say that Title Tattle told you, but one Sydney eastern suburbs entertainment industry couple is in a bit of a property conundrum after they upgraded first without selling. Then to secure their own sale they rather bizarrely bought the intending buyer’s own house in an interesting twist on the increasingly used ''subject-to-sale'' transaction trend. So now burdened with two properties they are considering just what to do on the big buy, which is shortly due for settlement.
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Harvey Norman co-founder Ian Norman snaps up NSW central coast's most spectacular mansion: Title Tattle

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This column is likely to get me shot, and mostly likely with both barrels, especially given that tomorrow is Australia Day, but the Gold Coast 2018 Commonwealth Games is likely to do more damage than good. It is an absolute waste of money and diverts attention away from the things that really need doing. But that, of course, is part of the government’s plan. Since the birth of Christ, at least, it has been that way.

It all started in AD80, with the inaugural games of the Flavian Amphitheatre, on the orders of the Roman Emperor Titus, to celebrate the completion of the Colosseum (then known as the Flavian Amphitheatre). Vespasian began the construction of the amphitheatre around AD70 and it was completed by Titus soon after Vespasian’s death in AD79.  After Titus’ reign began with months of disasters – including the eruption of Mount Vesuvius, a fire in Rome and an outbreak of plague – he inaugurated the building with lavish games that lasted for more than 100 days, in an attempt to appease the Roman public and the gods.

And the Roman games continue today, having morphed into their own modern-day “cargo cult” – stage a sporting event and the money will come. Today, we don’t waste public money appeasing the gods, but we do so in an attempt to make the public feel good and distract us when things aren’t going so well.

The Gold Coast is just the latest city to sign up for membership with its rejoicing in hosting the Commonwealth Games. The idea that a city will gain wealth – or in the Gold Coast’s case, rebuild confidence and rejuvenate the city – by building sporting arenas and paying athletes, while often going into considerable debt, is bordering on laughable. All the more so when the event lasts just two weeks, is contested and watched by very few (and especially not by the Chinese), and won’t address what really needs to be done to improve the Gold Coast.

<a href="https://www.propertyobserver.com.au/residential/jury-is-still-out-on-claims-of-commonwealth-games-boost-for-gold-coast/2012011753057">Earlier this month </a>we asked readers to provide us with their thoughts on this matter. Three out of five respondents thought that the games would not have any real impact on the local property market. Those who did – and some sent through some quite lengthy emails – could only really offer wishy-washy statements about it improving the “mood, sentiment and confidence” as a means of boosting the Gold Coast economy. What tripe!

Most telling was that 85% of our respondents would not invest on the Gold Coast because of the games. The more gullible think that property prices will rise on the Gold Coast as they did in the lead-up to the Sydney Olympics and especially after the 2006 Melbourne Commonwealth Games. But broader review of the statistics shows that prices rose much faster in many other locations at the time, suggesting that property prices are influenced by much wider factors than a local sporting event.

Critical analyses of the claims about new job growth, the boost in retail spending and lift in tourist numbers that apparently come from such events will also reveal similar findings. Look back through the history of economic impact reports from major events and you’ll quickly find examples of economic disasters that had been painted as bonanzas.

Brisbane City residents are still burdened with the upkeep of underused sporting facilities left over from the 1982 Commonwealth Games. Queensland Treasury doesn’t even know if the cost of those games has ever been repaid. More recently, a survey of New Zealand businesses found that nine out of 10, and many of them retail and tourist-based, didn’t experience any boost in trade as a result of last year’s Rugby World Cup.

There is little doubt that “hallmark” events, which can include sporting events, can help revamp urban landscapes. That might have been the case in Hambantota, had it won the right to host the 2018 games. But given where the money is planned to be spent on the Gold Coast, its capacity to overhaul is limited at best. Maybe in the future an “urban revamp measure” should be the key judging criteria for sports-related events, rather than just how much money is thrown at the event.

For mine, the Gold Coast faces some serious issues. The $2 billion games budget would have been much better spent on fixing its problems. The coast – with close to 600,000 permanent residents and close to 4 million overnight visitors per year – needs the be governed accordingly and not as a tin-pot local authority; it needs to retool its tourism offering to suit the Chinese audience; it needs to dramatically increase its industrial land bank; get a bio-tech based industry (or similar) flourishing; facilitate fly-in/fly-out workers and build many more detached and semi-detached homes.  It doesn’t need to blow $1.97 billion on a two-week sports carnival in seven years’ time.

We just don’t have that kind of money to waste on such things anymore. No, I am not anti-sports; I just think it is time to do much more with taxpayers’ money.

I will leave you to enjoy your Australia Day tomorrow with two more thoughts.

Firstly, anyone in property who talks up the virtues of the 2018 games on the Gold Coast property market isn’t worth your trust. There had better be much more to their sales track than just that. Secondly, hallmark events should be treated like “gravy”. At present, the Gold Coast is close to starving. It needs meat and potatoes on its plate, not trimmings.

And surprise, surprise – the latest annual instalment of US-based Demographia’s <a href="https://propertyobserver.us2.list-manage.com/track/click?u=24bd0766a834290948593f5aa&amp;id=98acfcd992&amp;e=735ed4729e" target="_blank">global housing affordability report</a>, shows that despite an improvement in affordability in 2011, Australian housing remains “severely unaffordable”.  Sydney and Melbourne are third and fourth on the list of most unaffordable major markets, below Hong Kong and Vancouver. Well you know what we think – but if you missed it, try clicking <a target="_blank" href="https://matusikmissive.wordpress.com/2011/02/09/affordability/">here </a>and <a target="_blank" href="https://www.propertyobserver.com.au/residential/housing-affordability-in-australia-is-not-as-dire-as-you-think/2011121352823">here.</a>
Michael Matusik is the director of independent property advisory Matusik Property Insights. Matusik has helped over 500 new residential developments come to fruition and writes the weekly  <a href="https://matusikmissive.wordpress.com/" target="_blank" title="Matusik's Missive">Matusik's Missive</a>.
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The Commonwealth Games are a waste of Gold Coast taxpayers' money: Michael Matusik

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The Prichard name, which has been associated with Sydney eastern suburbs real estate since 1927, has disappeared.
Bradfield &amp; Prichard has been rebranded BradfieldCleary, highlighting the latest appointment of a principal to the Double Bay agency, Georgia Cleary.
Estate agent Bob Guth acquired Bradfield and Prichard in 1980 from Peter Bradfield and Barry Prichard, whose fathers, Percy Bradfield and Roy Prichard, established the company in 1927.
The agency retains the Bradfield name which is held in huge esteem given Percy’s father was John Job Crew Bradfield the engineer, town planner and dedicated public servant, best known for his pivotal role in the construction of the Sydney Harbour Bridge.
Since 1980 the agency has gone from strength to strength with mid-tier sales reliability. It also manages one of the largest property portfolios in the eastern suburbs.
The name change follows the 2012 appointment of salesperson Georgia Cleary as a partner and director.
During 23 years selling eastern suburbs real estate, Cleary has worked for McGrath, WJ Bridges and Di Jones before merging her own agency with B&amp;P in February 2006.
The avid eastern suburbs sales enthusiasts have a network of loyal clients.
They even suggest there's hardly a street in the eastern suburbs in which they haven't sold property.
The agency has a database of 12,000 who receive the weekly realestatement email newsletter.
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Prichard name, stalwart of Sydney eastern suburbs real estate, disappears in BradfieldCleary rebranding

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Clyde Cottage, the one-time Queen Street, Woollahra childhood home of Dame Joan Sutherland, has been sold for $4 million. The much-admired yet dilapidated, house in a prime position on the cafe strip had last sold for $6.45 million in late 2007.
<img src="/images/stories/clydecottage.jpg">
The 803-square-metre property that comes with Stephen Dunkley-secured development approved plans will have its restoration and extension undertaken by Singaporean businessman Ronald Ooi,  who in January 2011 oversaw the sale of his 40-year-old family company the securities and investment broker, Kim Eng, for a sum of S$1.8 billion ($A1.35 billion) to Maybank.
Ooi, who had a 15% stake, has assumed a new role as executive advisor at Maybank Kim Eng, which has adopted the tiger symbol as its corporate logo. Clyde Cottage has been bought by Ooi and his wife, Erica. 
<img src="/images/stories/clydecottage2.jpg">
Clyde Cottage had been listed through Damien Bickmore-Hutt at Bickmore-Hutt Realty, who was initially seeking $6 million-plus buyers. Buyers were advised that the costs of repair and extensions were at least $3.75 million before landscaping based on a Heymann Cohen quantity surveyor report. A $5 million total project cost was forecast by the valuer Jason Smith who in 2009 envisaged a $15 million completion value.
The two-level, four-bedroom house became Sutherland’s home after her father died suddenly on her sixth birthday in the early 1930s. It was the home of her grandfather, Alexander Alston, a master builder who built the upper storey and extensions at the back. It currently has 270 square metres of space on both levels.
<img src="/images/stories/clydecottage3.jpg">
It was her home for 19 years – where she was inspired by listening to the voices of Dame Nellie Melba and Enrico Caruso on a borrowed gramophone. 
Its been reported Sutherland, as a child, sang to the birds from a swing under a camphor laurel tree in the backyard of Clyde Cottage, which is National Trust classified because of its historic importance and its architectural interest.
Several years before her death Sutherland noted: "Unfortunately, from the time my family gave up the house, the deterioration set in.”
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Clyde Cottage, once home to Dame Joan Sutherland, sells for $4 million to Singaporean buyers: Title Tattle

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Keith Johnson, one of NSW's largest property developers, has headed to Bahrain to assist authorities gain an insight into the alleged international swindler Ahsan Ali Syed, who Johnson claims fleeced him of $3.6 million. Johnson says the money was handed to Ali's company Western Gulf Advisory (WGA) to obtain a $155 million loan in 2010 that never eventuated.
Melbourne lawyer Andy Bryce, who represents more than 15 Australian clients who have lost more than $30 million, has accompanied Johnson to Bahrain to present affidavits from several Australian victims to the Bahrain Public Prosecutor.
A Malaysian fraud victim has also been invited to present evidence to the public prosecutor this week.
In a judgement handed down on October 9, 2011, the Bahrain Chamber for Dispute Resolution ordered WGA and Ali Syed to repay Johnson $3.627 million plus interest. WGA has appealed the decisions of the BCDR, and the appeal was heard on January 23, 2012.
In previous hearings Johnson secured a freezing order in May against the organisation in Bahrain, although it is understood there were not huge funds within the accounts.
From his offices in Bahrain, Switzerland and more recently The Netherlands, Ali– whose website is still actively seeking clients – reputedly orchestrated a scam where upfront fees were paid for loans that never eventuated.
Ali's company <a target="_blank" href="https://www.westerngulfadvisory.com/our-investments.php">Western Gulf Advisory</a> claimed it had money in its Swiss coffers that could assist Johnson’s stalled NSW residential development projects.
SMH reporter Kate McClymont wrote that over the past few years, dozens of Australian businessmen, thwarted in their attempts to refinance loans locally, had made the fateful pilgrimage to Ali’s office in Bahrain, buoyed by the promise of a financial lifeline.
They met a sophisticated scam whereby Ali, a former Hyderabad, India lawyer, pocketed each borrower's 1.6% establishment fee.
The operators of Queensland's financially troubled Cubbie Group, the country's biggest irrigator, paid about $3 million in fees to WGA, according to The Australian.
New Zealand businessman Gary McNabb of McNabb Property Group and the collectable coin firm New Zealand Mint is another victim but his success in freezing WGA's accounts in Switzerland caused international sporting headlines with WGA subsequently defaulting on the purchase of Spanish La Liga team Racing Santander. The McNabb funding was intended to finance a $30 million hotel development in Auckland and the stalled $20 million tourism venture Waihi Gold Discovery Centre.
Australian fertiliser importer Interfert and Megafert were also caught in the web.
The Indian entrepreneur also briefly backed the English football team Blackburn in until several financial irregularities were exposed by the BBC. Ali's lawyer says some of the BBC's allegations are false and misleading.
WGA has rejected the fraud accusation, and at one point on the home page of the corporate website, Ali strenuously denies the allegations against him.
"Western Gulf Advisory Asset and Wealth Management, Western Gulf Advisory, based in Zug, Switzerland, and their founder and president Mr Ahsan Ali Syed strongly refute allegations about their businesses being propagated by the fraudsters," the website advised last year.
Bryce told Fairfax Media that as a result of WGA's fraudulent activities his clients had suffered further losses of about $100 million, with three companies having gone into liquidation.
''It's an international fraud,'' Bryce advised.
''There are inquiries under way with Interpol and the NZ Serious Fraud Office,'' as well by Swiss authorities, he said.
Leading a team of financial analysts, legal consultants and investment experts, Ali pitched WGA’s credentials at reversing financial inabilities of many companies hit by the credit crunch.
“Starting with an investment capital of US$53,000, the company is today worth US$275 million – becoming one of the most progressive companies from the Kingdom of Bahrain,” his website advised.
His website CV notes WGA was founded in 2008, following in the footsteps of his family, who have over 150 years of history in private sector lending across Asia.
“Mr Ali has been self-employed since the age of 16 and closed his first significant deal worth $1.5 million at the age of 18.
“Mr Ali now plays a role in the management and the boards of over 133 companies worldwide.
“Mr Ali considers himself and his company to be experts in turnaround stories by converting non-performing assets into performing assets.
“Between 2003 and 2004 he bought a Canadian company for C$ 565.000 and transformed it into a valuable vehicle worth C$ 8 million within only 16 months.
“Mr Ali’s expertise and professionalism is highly recognised in the financial world, which is why he acts as a financial adviser to sovereign wealth, royalty, as well as many high net worth individuals.
“Mr Ali understands entrepreneurial needs and prides himself on being a reliable partner for all his clients,” the website says.
“One of the main reasons he started his own asset management company was because he believed in his own ability and qualifications to manage and invest his own wealth carefully.
“Mr Ali strongly believes that investments are not just about profit-making and capital preservation but also about selflessness and creating social welfare,” the website says.
“Mr Ali holds a bachelor degree in law as well as a master degree in finance from universities in India as well as abroad.”
 
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Keith Johnson in Bahrain to provide evidence against alleged financier swindler Ahsan Ali Syed 

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Actor Nicole Kidman has scheduled a February auction to offload the last piece of her beachfront holding on the NSW far south coast. Kidman purchased the Rosedale holding as part of a $4 million outlay on the coastal strip in 2004. She has already recouped $3 million selling two of the properties to Canberrans.
The last portion is a vacant 1,009-square-metre block. It had been for sale since 2008 at $1.2 million plus through Michael Skuse of LJ Hooker Batemans Bay, who now has scheduled the property for February 11 auction.
Its LJ Hooker marketing says there are “stunning views of Rosedale Beach and Jimmys Island from this gorgeous beachside block”.
It has 21 metres of beach frontage on Knowlman Road.
“It’s the kind of land you will hold for generations,” Skuse’s marketing suggests.
It was 2004 when Angus Hawley, Nicole's then brother-in-law, first swooped into town by helicopter to bid on the rare beachfront offering offered by the Knowlman farming family from Goulburn, who had paid £35 in 1929.
Rosedale locals say Kidman has been there only a handful of times since 2004. Buyers are being told to expect to pay around $800,000.
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Nicole Kidman auctioning last piece of far south coast NSW beachfront: Title Tattle

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A federal government plan to offer HECS-style loans to students studying a trade or technical skill has been welcomed by building groups.
Writing in The Australian, Prime Minister Julia Gillard notes that although university students can study now and pay back their course costs when they get a well-paying job, students getting high-level vocational skills, including trade and technical skills, cannot.
"We will ensure that students have the same right to borrow so they can study, to get a loan they can pay back from increased earnings," Gillard says.
"The most determined have always made their way. Now we're going to make it easier for them, and for others who have been put off by upfront costs."
According to the report, the plan will be put to the Council of Australian Governments meeting in March.
Master Builders Australia national director of training Alex Maroya says the plan would increase training opportunities for the sector, which is welcomed, but the devil will be in the detail.
"The main pathway into the industry is still the apprenticeship system, so this will largely target people in the industry who are better established," Maroya says.
He says the proposal is an expansion of existing program that provide a range of subsidies for higher-level staff.
The plan would likely get through COAG, he adds.
This article originally appeared on <a href="https://www.smartcompany.com.au/index.php" target="_blank">SmartCompany.</a>
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mheffernan-qwBN6uAwZN

Builders welcome proposal for trade students to be offered HECS-style loans

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TV personality and property pundit David Koch and his wife, Libby, have come under fire from the both the Sunshine Coast mayor and the Real Estate Institute of Queensland  for describing the local property market as “catastrophic”.
The Koches <a href="https://www.propertyobserver.com.au/residential/kochie-to-property-investors-avoid-catastrophic-gold-and-sunshine-coasts/2012011953058">warned property investors to avoid both the Sunshine Coast and Gold Coast</a> as part of their forecasts for the year ahead.
Sunshine Coast Regional Council mayor Bob Abbot says what the local market needs is people to “settle and live here, not investors”.
"I like to think we are about mums, dads and their kids and being a place they want to stay and live," he told the Sunshine Coast Daily.
Lloyd Edwards, chairman of the Real Estate institute of Queensland coast branch and local Ray White agent, points out that some of the big-name Sunshine Coast residents include Therese Rein, prominent lawyer and the wife of former prime minister Kevin Rudd; British billionaire Richard Branson and leading Australian playwright David Williamson.
He also says recent building approvals could indicate a turnaround.
According to Sunshine Coast Regional Council figures, building approval figures rose 25% in November, while ABS figures show an 18% improvement.
“These are hard facts, reality – not just an opinion,” he says.
November ABS building approval figures show a 6.6% overall increase for Queensland with private sector house approvals up 10.8%.
Master Builders director of housing policy Paul Bidwell described the improvement as “positive news” but highlighted that the figures are just for one month, with the level of building activity across the state “generally remaining well below last year’s levels, which is why we have welcomed the extension to the state government’s building boost grant”.
“We’re anticipating conditions in the early part of 2012 will remain fairly tough, but providing the European economy holds steady and as more work comes into the market as a result of the extended stimulus, we are confident the worst is behind us and the recovery will really take hold during 2012,” Bidwell says.
 
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