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.

Joel Robinson

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]

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Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

A collection of just 25 large-format apartments and penthouses overlooking Goodwin Park is entering the Coolangatta market, with <a href="https://www.apartments.com.au/new-apartments/marea-residences-coolangatta-27-27a-dixon-street-coolangatta-qld-4225">Maréa Residences</a> combining a low-density, residential-only approach with uninterrupted park and Pacific Ocean outlooks.

Located at 27 Dixon Street, Maréa comprises three and four-bedroom residences alongside a limited number of dual-level penthouses, with the project positioned between Goodwin Park and <a href="https://www.apartments.com.au/developments/coolangatta-qld-4225">Coolangatta</a>’s coastal precinct.

Construction has commenced, with completion currently estimated for late 2027. Three-bedroom residences are priced from $1.8 million.

[smartcode_project:default project_id=150999 project_image_fid=374005]

The project has been designed around its northern outlook across the park, with the building’s architecture, landscaping and material palette intended to establish a connection with the neighbouring green space. The residences have been configured to maximise natural light and views across Goodwin Park towards the ocean.

Inside, the material palette incorporates timber, stone and brushed brass, complemented by curved detailing and ambient lighting. Kitchens and bathrooms carry the same natural material approach, while residences also include basement parking, storage and lift access.

Maréa’s penthouses are arranged over two levels and include private pools, adding another layer to the project’s focus on larger-format apartment living. Across the development, residences are configured with three or four bedrooms rather than the broader mix of smaller apartment types commonly found in larger projects.

[smartcode_project:default project_id=150999 project_image_fid=374010]

Resident amenity is concentrated at rooftop level, where landscaped entertaining terraces and pools take advantage of elevated views across Coolangatta and the Pacific Ocean.

The project has so far been particularly well received by local owner-occupiers and downsizers, according to Urban Activation Property Sales and Marketing Director Matt George, with the residential-only format, construction quality and northern park outlook among the features resonating with purchasers.

“The uninterrupted northern aspect overlooking Goodwin Park has been a key point of difference, with buyers attracted to the sense of serenity and open space the park provides, while still enjoying easy access to the ocean and being within walking distance of the lifestyle and amenities Coolangatta has to offer,” George said.

[smartcode_project:default project_id=150999 project_image_fid=374002]

“The combination of high-quality construction, a residential-only building, park outlook and proximity to the beach has resonated strongly with the local downsizer market.”

The Dixon Street address is within walking distance of Coolangatta Beach and the broader southern Gold Coast coastline, including the surf breaks at Snapper Rocks and Kirra. Coolangatta’s cafés, restaurants and retail are nearby, while Gold Coast Airport is also within close proximity.

[smartcode_project_cta:default project_id=150999]

Maréa Residences brings parkside apartments to Coolangatta

Melbourne developer PDG has secured Victorian Government approval for its $1.5 billion Southbank development <a href="https://www.apartments.com.au/new-apartments/the-one-1-queens-bridge-street-southbank-vic-3006">The One</a>, clearing the way for the long-dormant riverfront site opposite Crown to finally be developed.

The Minister for Planning has approved the project at 1-29 Queens Bridge Street, with the Department of Transport and Planning issuing the planning permit following its assessment.

The approval will allow PDG to develop the prominent 5,059 sqm site with a major mixed-use tower comprising premium apartments, including branded residences, a luxury hotel and boutique office space.

PDG acquired the site in late 2024, with its position directly opposite Crown's main entrance and near Melbourne's Arts Precinct making it one of Southbank's most significant remaining development opportunities.

<img alt="PDG" data-entity-type="file" data-entity-uuid="3933013e-6332-4386-b9be-089df05caf17" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.22%E2%80%AFAM.png?VersionId=sITIgBqDL0N3VNSMwWEmF5UA.uvcsRyu" />

Designed by COX in collaboration with ODO and PDG, the tower's architecture draws on the movement of the Yarra River, with six vertical pleats running the height of the sculpted facade.

The project will also see the heritage-listed Queens Bridge Hotel restored and incorporated into the development&nbsp;with new hospitality and public uses, including a rooftop venue.

A significant component of The One will be its residential amenity.

More than 5,000 sqm of resident facilities will be delivered across a single level, making it one of the largest consolidated residential amenity offerings proposed in an Australian apartment development.

The planning approval also incorporates a major upgrade of Queensbridge Square, which PDG will deliver in partnership with the City of Melbourne.

<img alt="PDG" data-entity-type="file" data-entity-uuid="73167fcd-1031-4b6f-a408-a064cfe45ed1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.17%E2%80%AFAM.png?VersionId=Pf1AEWxw6SNmBqR0zQW5lyEze.MtxgFp" />

The existing square will be revitalised as a new civic and pedestrian space along the Yarra River, strengthening the connection between the project, Southbank and the riverfront.

PDG Founder and Managing Director Vince Giuliano said the approval represented a major milestone for a site which has remained largely underutilised for more than 15 years.

“This is the most significant Planning Permit approval Melbourne has seen in recent years,” Giuliano said.

“For more than 15 years, this site has remained underutilised. This approval enables us to deliver a project that will contribute meaningfully to the revitalisation of Southbank, restore and reactivate an important heritage building, and create a new civic and hospitality destination for Melbourne.”

The latest approval follows an earlier planning permit issued by the City of Melbourne covering demolition works across part of the site at 9-29 Queens Bridge Street. Those demolition and early works are already underway.

PDG has also started generating early interest in the residential component from owner-occupiers ahead of a planned public launch in early 2027.

PDG secures approval for $1.5bn Southbank apartment development, The One

Local developer Harridan is seeking to turn its Woolloongabba apartment project into the first stage of a broader transformation of Burke Street, using a new 16-storey mixed-use building to establish a greener pedestrian connection toward the rapidly evolving Boggo Road transport and knowledge precinct.

The South East Queensland developer has filed plans for 154 apartments on the <a href="https://www.apartments.com.au/new-apartments/4-burke-street-woolloongabba-qld-4102">southern side of Burke Street</a>, where its proposal has been designed alongside a wider vision by LatStudios for the street.

That vision positions the southern side of Burke Street for buildings of 15 storeys and above, while envisaging lower-rise development of up to five storeys on the northern side to transition into Woolloongabba's existing character housing. It also proposes wider pedestrian verges, deep planting, new street trees and upgrades to the pedestrian approach to Boggo Road Station.

The Harridan development itself has been designed by Brisbane-based Arqus Design and will comprise 154 apartments across 16 storeys. The mix is weighted heavily toward two-bedroom apartments, with 121 proposed alongside 10 one-bedroom and 23 three-bedroom residences. There will typically be around 14 units per floor.

A lower-ground car park and three podium levels will accommodate 156 resident parking spaces, along with visitor and commercial parking. There will also be 154 resident bicycle spaces and 40 visitor bicycle parks.

&nbsp;

Harridan is a family-owned developer and part of the Holmwood Highgate Group, with more than three decades of development activity across South East Queensland. Its portfolio spans residential, commercial and industrial property, with current residential projects including Riverbank on Byron in Bulimba, Esperance Residences in Carina and The Precinct at Kinross Road in Thornlands.

Wooloongabba has been popular for apartment developers, particularly since the announcement of the 2032 Summer Olympics games in Brisbane.

While there have been a lot of development applications, it has failed to materialize into real supply.&nbsp;

Sarazin has been the major player in the area. They are under construction at Murcia Residences, on the fringe of East Brisbane and Woolloongabba. They have just launched <a href="https://www.apartments.com.au/new-apartments/the-stanley-residences-woolloongabba-8-trafalgar-street-woolloongabba-qld-4102">The Stanley Residences</a>, in Woolloongabba on Trafalagar Street. They also have Nuage coming soon on the nearby <a href="https://www.apartments.com.au/new-apartments/nuage-woolloongabba-14-wellington-road-woolloongabba-qld-4102">Wellington Road</a>.

First look: Harridan plans Burke Street transformation beside Boggo Road transport hub

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 Tamworth beef breeding station Goonoo Goonoo, the most historic of properties in the fertile NSW Peel Valley area, seems set for spring sale.
The Goodman family – who paid $25 million in 2006 for the then 5,400-hectare holding – are close to having accepted an undisclosed offer from farmer Tony Haggarty, a coal mining entreprenuer.
Best known for his outstanding santa gertrudis prize-winning cows, Haggarty has told The Land he plans to extend his black baldy breeding program at the farm, which dates back to 1830s, and is typically pronounced gunny gun-oo. Haggarty's major farming property has been Linton Station at Barraba.
From 1833 until 1985 the farm was the headquarters of the Australian Agricultural Company.
It was part of the original land grant by King George IV in the British Parliament.
The station homestead includes a historical mini-village, comprising the original 1830s chapel, post office and store.
The land reports Goonoo Goonoo was now set on 2,250 hectares with a 1,600-hectare eastern portion selling to Hagarty in 2009.
The NZ-based Goodman family headed by Greg and Anna Goodman purchased the property in 2006 from Colonial Pastoral Company.
By rural standards it’s had quick successive owners since the 1985 sale, when the then 5,000-hectare was bought for $5.2 million when Ray Lord outbid the then National Party Leader Ian Sinclair for the property.
The Sydney businessman Ray Lord, who headed Direct Acceptance Corp Ltd but was better known for his extensive international casino interests, sold it in 1990 to the Prudential Assurance Company for about $15 million.
Prudential's purchase was part of a combined $30 million deal involving Ray Lord's 154,000-hectare Queensland Central Highlands pastoral holdings.
The then 4,850-hectare Goonoo Goonoo, considered a pillar of the rural industry, was able to carry up to 5,000 head of cattle.
Photograph by S. Myers
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Historic Goonoo Goonoo cattle station close to sale

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The UK property market keeps splitting into two segments, with high-end property prices currently rising as the rest of the market declines.
Asking prices for prime properties – the top quarter of the market by value –increased by 0.5% in September, continuing a seven-month rally, according to the latest index from property website PrimeLocation.com.
Its monthly index reveals the asking price of a UK prime property is currently £472,340.
The general market – where asking prices fell 0.2% in September –comes with an average asking price of £219,943, reflecting a second consecutive monthly fall.
PrimeLocation notes it means the gap between the top end of the market and the general market is now wider than ever, with the average prime property on the market for 115% more than a typical UK home.
The gap between the two groups has been steadily rising since the index launched at the end of 2007.
The other widening gap is between north and south.
According to the Rightmove house price index average property prices in the south stand at £336,740 – which is more than double those in the north at £164,347.
It was the widest north/south price divide Rightmove has recorded.
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UK housing market divided along price and geographical lines

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{yoogallery src=[images/stories/october25brando]}
The California home that once belonged to two-time Oscar winner and screen legend Marlon Brando is on the market with price hopes of US$1.65 million.
The 1939 house has five bedrooms, four bathrooms, tennis court, pool and sauna. Brando himself built the pool's diving board. 
Property records show that Brando sold the house in February 2004, a few months before he died at age 80, and the Los Angeles Times<a href="https://www.latimes.com/classified/realestate/la-hmw-hotpropbrando4-2009feb04,0,7139075.story" target="_blank"> reports </a>that the current owner is Brando's former housekeeper and the mother of his three youngest children. 
Elena Safronova of<a href="https://www.firstteam.com/propertydetail.aspx?ilookup_no=4146798" target="_blank"> First Team Real Estate</a> is marketing the property.
Brando, born in 1924, was known for iconic roles in films such as A Streetcar Named Desire, On the Waterfront, The Wild One and The Godfather. 
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Marlon Brando's former home on the market

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{yoogallery src=[images/stories/october24quinton]}
Quinton, the sheep and cattle grazing property with bluestone homestead situated between Bathurst and Orange in NSW, has been listed for sale for the first time in three decades.
The 586-hectare holding was originally part of the Glasson family’s pastoral operation, and then belonged to the Gordon family, before being purchased by the Bathurst Development Council.
The property was then purchased by the current owners 30 years ago.
The Mitchell Highway property is 32 kilometres from Bathurst and 22 kilometres from Orange, and about 3.5 hours’ drive from Sydney via the Blue Mountains.
The historic bluestone homestead, with stone quarried from the property, was completed in the 1870s as the vicarage for the minister of the Anglican Church north of the farm.
A sympathetic renovation and extension to the homestead was completed during 2008 under the guidance of local heritage architect Sue McGregor.
The original section of the homestead was designed by colonial architect William Gell in the Gothic Revival style.
Gell’s other buildings locally included St Stanislaus and the Bathurst Court House.
It comes with an established hedge maize – with its 1.5 kilometres trail of similar design to that of Hampton Court Hedge, UK.
Working improvements include the three-stand electric woolshed and two sets of sheep yards, steel cattle yards and several machine sheds and machinery sheds, plus three horse stables with run out yards.
There is a 20-hectare irrigated walnut plantation.
From a grazing standpoint, its Meares and Associates listing agent Sam Triggs estimated the property would carry between 6,000 and 6,500 dse (dry sheep equivalent).
It comes with 27 paddocks with a laneway system.
“Substantial investment in the homestead alone plus irrigation development create a modern working farm with an enviable homestead and gardens means that at $3.5 million plus, the buyer is enjoying a substantial discount from establishment costs,” Triggs says
“Furthermore, given the absolute size of the farm, there is substantial subdivision potential,” he says.
It’s listed for November 10 auction.
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Sheep and cattle property Quinton on the market for first time in 30 years

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Twynam Agriculture's Riverina holdings, Gundaline and Cobran, were passed in at recent auction without a bid.
The 14,928-hectare Gundaline at Carathool and the 17,201-hectare Cobran at Hay were expected to fetch more than $50 million.
Both properties are now for private sale at undisclosed price through Ray White Rural Sydney agent Bruce Gunning.
"Some interested corporate parties were unable to participate," Gunning told The Weekly Times.
The interested parties included both international and Australian companies, along with private individuals.
Both properties, part of the Kahlbetzer family’s rural portfolio, are expected to be sold in the next month.
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Two multimillion-dollar Riverina offerings passed in at auction

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{yoogallery src=[images/stories/october16belgravia]}
Lowndes House, an imposing double-fronted white stucco freehold house located in Belgravia, London has been listed at £40 million through Savills. This freehold SW1X property handy for Harvey Nicholls and Harrods sits on 815 square metres. Its two rear mews houses comprise 286 square metres.
Set on Lowndes Place, the seven-bedroom house has classical interior design decorated by Stephane Boudin, the Parisian interior designer. It was the home of Lord Forte, regarded as Britain's greatest hotelier, who started his career as the owner of a London milk bar to become the head of a worldwide empire of hotels and restaurants, Trusthouse Forte. He retired from the position of chairman of THF in 1992 to be succeeded by his only son, Rocco, with the company takeover by Granada in 1996.
Charles Forte was born in 1908 in the small hillside village of Monforte, near Rome, and died in 2007. He was 18 when he entered the family business, running a restaurant, progressing through a series of seaside resorts. At 21 he was put in charge of a run-down seafront cafe, the Venetian Lounge in Brighton. He next bought his own milk bar in Upper Regent Street and by 1938 Forte owned five milk bars in London. In 1943 he married Irene Chierico, a Venetian, and during the post-war years expanded into tea rooms. It was not until 1958 he bought his first hotel, the Waldorf, according to the Daily Mail.
It was listed last month as his widow, Irene, Lady Forte of Ripley, much loved mother, grandmother and great-grandmother, died peacefully at home on in September last year. Their first meeting before they married in 1943 was unpromising as he had come into the shop where she was working to ask for prosciutto and received the quick retort: “If I had any prosciutto I’d eat it myself! Don’t you know there is a war on?”
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Forte family's London residence for £40 million

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<img src="/images/stories/dutruc.jpg">
<img style="float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">Silverton, the freestanding 1884 Italianate residence at Randwick in Sydney’s east (pictured above), has been listed for November 5 auction by the fashion designer Lisa Ho. The four-bedroom Dutruc Street property, with elegant French provincial adornments, was bought for $4 million from the interior designer Ros Palmer early last year. Palmer paid $266,000 in 1985.
Ho has undertaken some renovations, although the stately English oak-panelled living room remains. There is also a detached teenagers' retreat on the 630-square-metre holding. It's one of three original homes known collectively as the judges' houses in Randwick's sought-after northern precinct. It’s been listed through Pauline Goodyer at GoodyerDonnelly in conjunction with Alain Waitsman from LJ Hooker Double Bay. The street's last comparable sale was when Earlswood, the 1891 residence, was sold in September last year for $4.3 million.
<img src="/images/stories/putney.jpg">
<img src="/images/stories/flagtitletat.jpg" style="float: left; margin: 5px;">Channel Seven television host Kylie Gillies and her husband, Tony Gillies, editor-in-chief of AAP, have sold their Putney residence (pictured above) for $1,325,000 through McGrath Hunters Hills agent John Paranchi. More than $1.15 million had been expected for the 696-square-metre property, which the couple bought for $315,000 in 1996. It’s a single-storey brick residence and has three bedrooms, two bathrooms, a formal sitting room and an open-plan kitchen and family living zone.
It now means both Kylie and her Morning Show co-host Larry Emdur are on the move. <a href="https://www.propertyobserver.com.au/residential/larry-edmur-says-good-morning-to-breathtaking-cliff-top-property/2011090251402" target="_blank">Emdur of course recently splashed out $6.8 million on a huge, modern clifftop mansion at Dover Heights</a>. No words yet on where the Gillies are off to.
<img src="/images/stories/keppos.jpg">
<img style="float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">Peter Everett, who was the ebullient host of Ready Steady Cook, the Channel Ten afternoon cooking show, has yet to sell his East Redfern residence (pictured above and below). The Kepos Street terrace comes with three bedrooms and two bathrooms. About $1.4 million is now being sought through Pauline Goodyer and Brighid Fitzsimons at GoodyerDonnelley.
<img src="/images/stories/keposstredfern2.jpg" style="border-style: initial; border-color: initial;">
The stately Victorian terrace retains its original façade, but the interior of the house has been completely rebuilt by a master builder in 2008. The house is set on a deep dual access block with rear off-street parking.
{yoogallery src=[images/stories/october17sammitchell]}
<img src="/images/stories/flagtitletat.jpg" style="float: left; margin: 5px;">The West Hawthorn home (pictured above) of former Hawthorn AFL premiership captain Sam Mitchell remains listed at $1.25 million, having been passed in at its weekend auction. The onsite auction concluded with a $1.15 vendor bid through Jellis Craig agent Peter Vigano. Mitchell paid $920,000 in early 2007, a year before his engagement to long-time girlfriend Lyndall Degenhardt. The couple now have three children. Mitchell did not attend the auction.
{yoogallery src=[images/stories/october19inxs]}
<img src="/images/stories/flagtitletat.jpg" style="border-style: initial; border-color: initial; float: left; margin: 5px;">The Potts Point investment apartment (pictured above) of actor Russell Crowe has been listed for sale after being withdrawn from recent auction. More than $2 million is being sought for the top-floor apartment with Harbour Bridge and Opera House views through lattice-framed balconies accessed through three french doors. It’s in a walk-up strata-titled triplex terrace on leafy Victoria Street. There’s secure parking with the two-level apartment, which has two bedrooms and two bathrooms. It’s been listed by Jason Boon at Richardson &amp; Wrench Elizabeth Bay and Hamish Robertson at McGrath Estate Agents.
It was bought in 2001 from the theatre director Jim Sharman, who had bought it in 1984 for $310,000. In early 2011 after a four-year search, Crowe and his wife, Danielle Spencer, spent $10 million on a Rose Bay property, Te Puke, a 1909 house updated with a 1927 Arts and Crafts-style additions. They have kept his substantial Woolloomooloo apartment.
<img src="/images/stories/bentbrook1.jpg">
<img style="border-style: initial; border-color: initial; float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">The former Collingwood Magpies wingman Graham Wright has sold his Mont Albert North house (pictured above. The price of the two-storey, four-bedroom, three-bathroom house hasn't been revealed, but Tim Picken of Kay &amp; Burton expected more than $1 million. Wright played 200 games for Collingwood from 1988 to 1998 and missed out on the Brownlow Medal by a single vote in 1990. The property was renovated three years ago.
<img src="/images/stories/forbes.jpg">
<img src="/images/stories/flagtitletat.jpg" style="border-style: initial; border-color: initial; float: left; margin: 5px;">The Darlinghurst terrace (pictured above) of Jon Hutchison, the recently appointed chairman of the Business Events Council of Australia, and his wife Jill, the proprietor of Ruby and Min, a Woollahra fashion boutique, has been sold at an undisclosed price through the BresicWhitney agent William Phillips. Last traded for $550,000 in 1997, the three-bedroom terrace, with city views, on 82 square metres had been expected to sell for more than $1.4 million.  Jon is an adjunct professor, School of Leisure, Sport and Tourism, Faculty of Business at University of Technology Sydney.
<img src="/images/stories/lucretia.jpg">
<img src="/images/stories/flagtitletat.jpg" style="border-style: initial; border-color: initial; float: left; margin: 5px;">The 1923 Longueville home (pictured above) of Windeyer family has now been listed with a $2.6 million plus asking price after failing to sell at its scheduled auction last weekend. Last traded for $770,000 in 1995, the four-bedroom house set high above Woodford Bay had been the childhood home of the artist Brett Whiteley. Whiteley's parents owned it between in 1941 and 1960. It’s listed through Scott Henry of Holgate First National.
<img src="/images/stories/nundah.jpg">
<img style="border-style: initial; border-color: initial; float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">The Lane Cove home of the artist Liz Cuming is now listed with $1.3 million plus hopes through Hamilton &amp; Co, which had initial $1.5 million plus hopes for the custom-built three-bedroom home. It comes with a huge 150-square-metre studio with bushland outlook.
<img style="border-style: initial; border-color: initial; float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">The designing inventor Sally Dominguez, who was a regular panellist on the recently axed ABC television show The New Inventors, and her husband, Simon Dominguez, want $1.5 million for their home at Edgecliff because they want to develop their American design business. Now living in San Francisco, the couple have listed the three-level house, which has been marketed as a fusion of sleek contemporary design and sustainable architecture. They initially had hoped their Di Jones agent Ann Ramsey-Arkins could have secured $1.6 million plus for the freestanding, three-bedroom residence.  Sally’s modular rainwater tank was featured on The New Inventors in 2005. Her original prototype rainwater tanks are still installed at the Edgecliff property, which the couple bought for $635,000 in 2000. Sally's multi-award-winning Nest high chair, which is sold worldwide, is held in Sydney's Powerhouse Museum.
<img style="border-style: initial; border-color: initial; float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">Title Tattle aims to tell you as soon as we know – often before it happens – and we keep hearing rumours from the southern highlands. It's a reputed $8 million farm sale in the sleepy hamlet of Sutton Forest, <a href="https://www.propertyobserver.com.au/new-south-wales/coal-mine-anxiety-for-nicole-kidman-s-sutton-forest-property/2011062150555" target="_blank">close to the retreat of actor Nicole Kidman</a>. The only issue is that the buyer of the 425-hectare holding is reputedly linked to the ever-encroaching coal miners. Locals say the purchasing company is linked back to Sydney solicitors who represent coal interests. "It will create havoc if it's been bought by the coal company," one agent suggested.
Settlement is due later this month. The Canyonleigh selling agent Beat Schwarzenbach told Title Tattle that he could not speak about the sale. “It's not finalised... it's exchanged but not settled," he said.
 
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Whispers that coal miners boring into Nicole Kidman's NSW rural neighbourhood: Title Tattle

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<img src="/images/stories/barringtonavenue.jpg">
7 Barrington Avenue, <a href="/news">Kew</a>, Vic 3101
Great street, great façade, good land size but the floorplan needs some work as I don't think the sleeping rooms work for modern requirements. That said, don't give up on it as there are some real positives - lovely powerful feel as you enter. Slate roof and tuck pointing. Love the wallpapers. Dual access. Private backyard. Botanical garden.
But back to the floorplan - the sitting and dining rooms are great but the master for me should be where the sitting room is - the rooms are little on the north side and rear living area is also a little small with a bedroom in the way. I think going up is the best answer if you are a multiple-child family, with the staircase in one of the smaller northern rooms - that way you have the space to rework the majesty of downstairs. An atmospheric home that needs a smart renovator.
A stately, single-level Queen Anne  home thathas a series of wonderful formal rooms. Other key pluses for me were the ornate period detailing, private front yard, expansive entry and dual car access. Given the land size some buyers may like to see a bigger backyard area or even a larger rear informal area. Going up seems the logical idea, yet that may not be that easy. Although this property enjoys a western rear orientation (which is quite good for afternoon sun) the house does turns its back on the north, which is not ideal and therefore results in dark feel internally.
James Buyer Advocates gives the property a rating of 666 out of 1,000, which is in the category of a good average home. The property sold before auction at an undisclosed price above $3 million.
Adam Woledge is a registered architect and principal buyer advocate of <a target="_blank" title="James Buyer Advocates" href="https://www.james.net.au/">James Buyer Advocates.</a> 
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maljames-vHwm28JUAa

Sold Kew property has a lovely feel, but the floorplan needs work

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{yoogallery src=[images/stories/october20berry]}
Cedarvale, the rural lifestyle property at Jaspers Brush on the NSW south coast, has been listed for November 6 auction with $3 million plus price hopes through Adam Guthrie from Adam Guthrie Lifestyle Property.
Set on the outskirts of Berry township, the 19.5-hectare property is being sold. The Cedarvale Lane property cost $2.05 million in 2003, and Murray has since extensively renovated the three-bedroom house and added a pool to the newly landscaped grounds that come with a helipad, tennis court, lake and separate self-contained guest cottage.
The main residence has wide verandas with views across rolling green hills towards the Pacific Ocean.
The neighbouring nine-hectare property with modern house fetched $2.7 million in late 2009. On Eagles Wings, the escarpment residence, likewise has rural and ocean views from the five-bedroom residence designed by Altis Architecture seven years ago.
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NSW south coast property Cedarvale on the market

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Leighton Holdings, parent company of property developer Leighton Properties, has disputed a decision by Standard &amp; Poor’s to downgrade its credit rating from “BBB/A-2” to “BBB-/A/3”.
Leighton Holdings chief financial officer Peter Gregg says the downgrade is not a true reflection of the company’s credit quality.
“The decision has been made primarily on the back of S&amp;P’s assessment of the credit quality of our German-based parent Hochtief AG and their potential influence over the business,” Gregg says.
“We believe this is an unfair assessment and one that is not borne out either by the governance arrangements that we have in place or many years of practice.”
Gregg highlighted S&amp;P’s acknowledgement that Leighton’s standalone credit quality remains satisfactory, its “liquidity profile is adequate” and its “current capital structure should enable it to withstand potential cost increases arising from performance risks related to its project portfolio”.
“We believe that for all of these reasons S&amp;P should have retained Leighton’s BBB credit rating and we will continue to advocate that Leighton deserves a higher credit rating given our inherent strength,” Gregg says.
For the year ending June 2011, the Leighton Group made a loss before tax of $491 million, compared with last year’s profit before tax of $843 million.
Leighton Properties recorded a loss of $100 million over this period.
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