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

<main data-perf-region="main">
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

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>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

Off-the-plan property explained: What is stamp duty?

<html><body>
Anambah House, the 1889 residence on 29 hectares of prime Maitland grazing land with Hunter River frontage, has been sold for $1.75 million to Jann Zappacosta, the general manager of Wayne Cooper clothing, and her husband, Maurizio.
It was listed for sale at $1.79 million through Rhonda Nyquist of PRDnationwide Hunter Valley.
The Berry family has owned the property for three decades. It was built for grazier John Mackay, whose family also owned Redleaf House in Woollahra, now Woollahra Council Chambers.
Visitors through the years have included Dame Nellie Melba in 1908; she sang Home Sweet Home on the staircase. Two governor-generals, the Earl of Dudley and the Earl of Gowrie, visited over the years; and radio entertainers Roy "Mo" Rene and Jack Davey stayed in the 1950s when Anambah was the home of Hal Lashwood, one of the greats of Australian radio.
It was the setting for the film Country Life, starring Greta Scacchi and Sam Neill, in 1994.
The two-storey Victorian-era mansion retains all the original features, including its cedar joinery, 10 marble fireplaces, and servants' bell-pushes. Its cedar staircase has two large stained-glass windows on the first landing. It has pressed metal ceilings in upstairs bedrooms, a slate roof, sandstock bricks and original cast-iron lace veranda rails.
There is a separate billiard room built in 1906, along with stable and servants quarters. Its gated grounds have several Bunyah pines and a 1993 tennis pavilion.
</body></html>

jchancellor-FAypfDUnLy

Anambah House sells to Wayne Cooper GM

<html><body>
{yoogallery src=[images/stories/september28connecticut]}
A private island off the coast of the ritzy Connecticut town of Stanford has been listed for sale with price hopes of $18.9 million. The 1.2-hectare island is connected to the mainland US by a bridge and includes a 1,300-square-metre, 11-bedroom main house, guest house, greenhouse and staff quarters to look after it all. The property is being marketed by <a target="_blank" title="Houlihan Laurence" href="https://www.houlihanlawrence.com/real-estate/propertydetail/79166/STAMFORD/140-WALLACKS-DR,ST,-Greenwich,-CT-06902">Houliahan Lawrence</a> estate agents. 
Those with deep pockets who would like their own private island but don't want to withstand the metres of snow a New England winter can bring could consider buying closer to home, as <a href="https://www.propertyobserver.com.au/rural/nsw-farming-island-hoped-to-attract-luxury-buyers/2011082851314" title="Rural island up for sale" target="_blank">Urunga Island</a> off the coast of NSW and <a href="https://www.propertyobserver.com.au/retail/not-so-perfect-islands-for-sale-in-fnq/2011090751465" title="NQR islands in FNQ" target="_blank">Dunk and Beddara islands</a>, slightly storm-damaged but still in tropical far north Queensland, are also up for sale.
</body></html>

cknowlton-QnEa6ntUYP

Island offering for $18.9 million

<html><body>
{yoogallery src=[images/stories/september27vaucluse]}
Sunny Brea, an elegant family home set on an elevated 1,140-square-metre parcel of land at Vaucluse overlooking Sydney Harbour, has been listed for upcoming auction.
Its been in the Pfeiffer family since its construction in 1905 – home to five generations.
The house with five bedrooms plus study boasts water views from most rooms.
There’s a spacious formal lounge and dining with timber floors along with a large entertaining area.
Its been listed through Michael Dunn and James Dunn  at Richardson &amp; Wrench Double Bay in conjunction with Michael Finger and Gavin Rubinstein at Ray White Double Bay.
It comes with $6.5 million plus hopes.
Recent Fitzwilliam Road sales have ranged between $4.48 million and $6,005,000.
</body></html>

Sunny outlook for 1905 Vaucluse listing

<html><body>
{yoogallery src=[images/stories/september27jet]}
Drummer Christopher J. Cester has listed his four-bedroom, two-bathroom Hollywood house at $1,075,000. Cester paid $1.01 million for the property on Holly Hill in May 2005. The 209-square-metre Spanish-style home was built in 1937. Judith Ledford of <a target="_blank" title="Rodeo Realty" href="https://www.rodeore.com/claw_featured.asp">Rodeo Realty</a> is the listing agent.
Cester who formed the band Jet with his brother Nic Cester,  grew up in Dingley Village, a suburb just out of Melbourne. The listing is billed as Old Hollywood glamour in a gated 1930s estate on a private cul-de-sac.
</body></html>

Is this gonna be your house? Jet founder lists Hollywood home

<html><body>
Expatriate Australian billionaire Michael Hintze has added two large irrigation properties in Wee Waa, northern New South Wales, costing $14 million to his ever-expanding east coast farming portfolio.
The London-based hedge fund founder has amassed one of Australia’s fastest-growing farm portfolios, with acquisitions totalling about 50,000 hectares since 2007.
His private pension fund, MHPF, has spent about $141 million on the land and water purchases.
The latest properties Gunedra and Redcamp bought through Ray White Rural agent Bruce Gunning span 2,216 hectares of fertile floodplains adjoining the Namoi River and Pian Creek in the Wee Waa district,  known as the birthplace of Australia’s cotton industry.
Hintze is the founder and senior investment officer of CQS Management, a London-based hedge fund with assets of $US10.5 billion.
The Hintze portfolio has been accumulated and managed by Richard Taylor, a director of Growth Farms Australia. MHPF has been described as "a newly diversified agricultural force taking shape in eastern Australia" by The Land's agricultural writer, Peter Austin. It now has made 17 acquisitions in NSW and <a href="https://www.propertyobserver.com.au/sweet-deal-for-michael-hintze/2011060450346" target="_blank" title="Hintze buys sugar plantations">recently added two sugar cane farms in north Queensland</a>, which marked a shift away from its weighting towards the southern NSW mixed farming of wool, prime lambs, cattle and winter cropping.
The purchases have been driven by the view that rural land in Australia now represents good value in light of the strong global demand for “soft commodities”. A key strategy of the group has been to aggregate parcels of land where possible to achieve efficiencies of scale and cross-property synergies.
Hintze's buying spree began when he spent $12.5 million for a Breadalbane property in July 2007. Despite his acquisitions Hintze is not likely to join the Australian Farm Journal's top 10 landholders, since other new players, Macquarie Group and the British private equity company Terra Firma Capital Partners, have between them spent $740 million buying vast chunks of northern Australia. Hintze's biggest purchase was the 7,700-hectare grazing property Warrane, west of Armidale, costing $22 million in late 2007.
Hintze's wealth has been estimated by Forbes magazine at $US1.4 billion in early 2011. Hintze's estimated $1.4 billion net worth has him ranked 879 in the Forbes Billioniares list, and 12th richest Australian.
Gunning says the vendors of the Wee Waa property have been involved in the cotton industry for decades.
“The vendors were an American family farm business involving 10 owners who commenced operations in 1961 and have been one of the pioneers of the modern cotton industry in Australia,” Gunning notes.
The family members, now mostly in their senior years, took the opportunity to recently sell the properties and due to the high Australian dollar are able to maximise the amount of money they’ll be able to take home.
The offering had been listed for April auction.
Gunedra and Redcamp have water entitlements from the Namoi River supported by bore water, making it one of the safest cotton farms in the district. Gunedra is 1,119 hectares of freehold land with 734 hectares of lasered irrigation fields. Redcamp is a 1,089-hectare freehold with 566 hectares of lasered irrigation fields.
Hintze’s <a target="_blank" href="https://www.propertyobserver.com.au/rural/expat-billionaire-michael-hintze-adds-to-farming-portfolio/2011082151216">most recent purchase</a> was at Young in NSW.
</body></html>

Billionaire Michael Hintze dons cotton in Wee Waa rural acquisition

<html><body>
The record-setting Woolwich riverfront mansion that last sold for more than $11 million in 2007 has been resold for a reported $9.2 million.
The five-bedroom, six-bathroom Italianate home with a pool, beach, jetty and pontoon <a target="_blank" href="https://www.propertyobserver.com.au/new-south-wales/record-setting-woolwich-riverfront-mansion-back-on-the-market-as-saga-continues/2011080150989">had been listed under bank instructions through David Ward at Ward Partners</a>.
National Australia Bank repossessed the Angelo Street house.
<img src="/images/stories/woolwich2.jpg">
Internal water damage and garden poisoning were detected earlier this year at the then-vacant house, with police investigating a break-in at the property during which taps in the kitchen and several of the six bathrooms were left running for days, causing serious damage.
Just before Christmas 2010 Judy Obeid, the wife of the recently retired NSW Labor powerbroker Eddie Obeid, entered into a contract to buy the property from the vendor, the mobile phone company director Mick Hakim.
The off-market transaction was cloaked in secrecy, with the Hunters Hill peninsula rife with whispers about the deal at an unconfirmed $8.5 million price.
The sale unravelled as Hakim’s financiers sought to control the sale process with the NSW Supreme Court Justice Ian Gzell giving Equititrust Limited, the second mortgagee, an order for possession at one point in the process.
<img src="/images/stories/woolwich3.jpg">
It is understood the Obeids were not the latest buyers, but it did sell to other locals.
For much of 2010 the house had been on the market with a price tag of $13.5 million.
The five-bedroom Angelo Street house designed by Wolski Coppin Architecture comes with 650 square metres of space.
It was built by home builder Peter Campbell, who sold for $10.35 million in 2004 to Xiaoquin Jin.
The 2,087-square-metre north-facing block had been bought for $3.75 million from internet entrepreneur Sean Howard in 1998.
The Hakims had liberty to apply to the court if they were of the view that a property was to be sold at an undervalue, Gzell notes.
</body></html>

Record-setting Woolwich mansion sold for loss as saga winds down

<html><body>
Victorian Premier Ted Baillieu has moved to allay fears about the impact of increasing Chinese investment in Australia as he embarked on a trip of China last week.
He says the Foreign Investment Review Board is protecting “strategic interests”.
“Obviously the investment review board is in charge of these issues. Suffice to say work is being done so that we can keep an eye on our strategic interests, and I think that is a good thing,” Bailleu says.
Approved Chinese investments in Australia have totalled an estimated $60 billion since late 2007 including the purchase of farms, wineries and office towers.
This year, Chinese investment firms have continued buying up both rural properties and offices.
Recent transactions include Chinese conglomerate <a href="https://www.propertyobserver.com.au/office/chinese-investors-snap-up-sydney-office-tower-for-%24117-million/2011091351519" target="_blank">HNA Group purchasing the 1 York Street office tower</a> in the Sydney CBD for $117 million from Colonial First State, <a href="https://www.propertyobserver.com.au/rural/chinese-investors-buy-another-hunter-valley-winery/2011083051347" target="_blank">Chinese investors buying the Capercallie vineyard</a> in the NSW Hunter Valley for around $2 million, and another <a href="https://www.propertyobserver.com.au/new-south-wales/burraga-island-sells-to-chinese-interests/2011070150670" target="_blank">Chinese group buying Burraga Island</a>, a 121-hectare Shoalhaven River island for about $2.5 million.
In August Baillieu unveiled a strategy of Victoria increasing the promotion of its agricultural, manufacturing and financial services in China.
Bailleu says Chinese investment should be welcomed as it will help farmers sell their products in the second biggest and fastest growing economy in the world.
"I don't think we should be shy in any way ... about investment in Victoria," he says.
In a speech at the Australia-China Business Week forum in August, former premier of Victoria John Brumby said China's investment in Australia must be viewed as an opportunity, not a threat.
“The Australia-China Business Council has shown that trade with China generated the equivalent of $10,000 per Australian household in the past year alone. So this is, by any measure, an important relationship,” Brumby said.
</body></html>

lschlesinger-FZcF9M3vE6

Chinese investment important for Australian property: Baillieu

<html><body>
The Dutch Pension Fund for the Construction Industry reportedly believes Australia offers some of the best opportunities in Asia, as it gets set to boost its international real estate portfolio.
Most of the pension fund’s €5.3 billion property assets are concentrated on direct investments in its domestic market, but about 20% is dedicated to international markets.
The fund wants to double its global portfolio, which currently stands at €1.3 billion, by 2014, according to a Citywire Global report.
"Right now we are increasing our international portfolio in Europe, but we are also looking at the US and Asia-Pacific," says Stephen Tross, Bouwinvest’s director of international investment. Bouwinvest is the property manager for the Dutch Pension Fund for the Construction Industry.
"In the Asia-Pacific region we have already invested in a number of funds and we expect to make our first investment in the retail and office sectors in Australia.
"The country has good fundamentals, it is a market where the population is still growing and the economic prospects look good.
"The economy is holding up well and you can also see it is profiting from its rich base of resources and the Chinese growth story.’
Despite the pension fund’s Asia expansion plans, Tross says the fund was run using a defensive risk profile.
"In our expansion we are looking more towards Australia as it is a mature market, as well as Japan. It is more the developed Asia than the developing one we are keen to invest in."
Tross told Citywire that the majority of the pension fund’s international exposure was gained via unlisted real estate funds as they often offered better options than listed real estate funds.
"The benefit of unlisted funds is that we have more influence as we are big investors and often hold advisory board seats.
"Also these investments are not directly influenced by stock market sentiment."
The management of the real estate assets, which account for 18% of the fund’s €29 billion, was spun off from the broader fund into a separate company, Bouwinvest, in 2003.The fund’s current international exposure is focused on Europe and the US, which make up 64% and 31% respectively.
Tross joined the board of managing directors in September 2010 and previously worked as director for KPMG. Before KPMG he filled several functions for PwC.
</body></html>

Dutch pension fund eyes up Australian property investment

<html><body>
The former Hollywood Hills house of the late Heath Ledger has been listed for sale. Nicknamed "The Tree House", it’s been given a US$2,995,000 asking price by the soap opera star Adrian Bellani, currently in the Brad Pitt-led Moneyball.
It’s a 173-square-metre 1951-built pad that features two bedrooms, two bathrooms – even an outdoor theatre – all surrounded by sycamore trees.
Ledger bought the<a target="_blank" href="https://idx123.realtytech.com/rodeo/PrintProperty.aspx?searchID=72ae67b3-7ac9-4b46-b0d8-976fb85cf19d&amp;mlsid=11-534735"> Laurel Canyon property </a>from Ellen DeGeneres in 2005 for US$2.1 million – and he and girlfriend Michelle Williams lived there until their split in 2007. The house was then sold to its current owner in July 2008 for US$2.5 million after Ledger's death from an accidental overdose of prescription drugs in January 2008.
It was briefly listed in 2009 at a US$3,695,000 asking price. It's listed through John Galich at <a href="https://woodrowwilsonestate.com/" title="Rodeo Realty" target="_blank">Rodeo Realty</a>. Ellen DeGeneres paid US$1,275,000 in 2004.
</body></html>

Heath Ledger's former house on the market

<html><body>
<img src="/images/stories/emdur.jpg">
<img src="/images/stories/flagtitletat.jpg" style="float: left; margin: 5px;">Channel 7 Morning Show co-host Larry Emdur and his wife, Sylvie, have listed their redundant Dover Heights residence (pictured above). It follows their <a href="https://www.propertyobserver.com.au/residential/larry-edmur-says-good-morning-to-breathtaking-cliff-top-property/2011090251402">recent $6.8 million upgrading to a nearby mansion</a> with dramatic oceanfront cliff-top views over the Pacific (pictured below).
{yoogallery src=[images/stories/september2dover]}
The Emdurs have owned at Dover Heights since 1994, when they spent $770,000. They then rebuilt what its McGrath listing agent Bethwyn Richards describes as a contemporary house remaining true to its classic P&amp;O style heritage. It is set on 417 square metres, whereas the Emdurs’ new home is on 1,062 square metres of cliff-top land.
"Defined by its unique park-side position and all-encompassing coastal and ocean views from each level, this architecturally renovated home is exquisitely finished, presenting a rare opportunity in a one-of-kind location," Bethwyn Richards' marketing spiel says of the current listing. It has been listed for October 29 auction, but Richards won't be drawn on price. However, based on their purchase, Title Tattle would suggest more than $5 million could be reasonably expected. The residence they've just bought was bought from the Moss family who had paid $7.1 million in February 2007.
<img src="/images/stories/constance.jpg">
<img src="/images/stories/flagtitletat.jpg" style="float: left; margin: 5px;">New Fortescue Metals boss Neville Power has sold in Hawthorn East (pictured above). Power and wife Irma have moved from Melbourne to Perth, where the company is based. The sale price hasn't been disclosed, but it was listed in the hope of achieving more than $2.9 million. The Powers spent more than a year designing the four-bedroom, four-bathroom house, which has sweeping city views. There's a home theatre, a wine cellar, a pool and a gym and a four-car garage. All top-grade building material was used, since Nev was chief executive of Smorgon Steel Reinforcing at the time. Fraser Cahill of Thomson Real Estate secured the sale of the Grant Maggs Architects-designed house after it was passed in at $2.77 million.
<img src="/images/stories/lockyeroutside.jpg">
<img src="/images/stories/flagtitletat.jpg" style="float: left; margin: 5px;">Darren Lockyer, the 36-time Queensland State of Origin team hero, has found the Brisbane property market as enduringly tough as his recent on-field experience. His Paddington residence (pictured above) listed for early August auction remains for sale in the city’s challenging market.
The contemporary Paddington property cost Lockyer $1.49 million in 2004. It now comes with $2,275,000 hopes. The five-bedroom, three-bathroom place had been expected to fetch $2 million plus based on the standard growth (and then decline) experienced in Brisbane over the past seven years. A nearby $2.15 million sale will have given Lockyer some comfort. No official public price estimate has been given by its listing agents Tim Douglas and Gail Miller at Place Estate Agents.
In March the Broncos captain announced he will retire from all forms of rugby league at the end of the NRL season, his 17th season in first grade. Brisbane’s auction clearance rates have hovered around 25% in the first nine months of this year, according to Australian Property Monitors, although for the past three weeks there has been a notable improvement from 25% to 30% and a 42% clearance rate last weekend.
<img src="/images/stories/macleay.jpg">
<img src="/images/stories/flagtitletat.jpg" style="float: left; margin: 5px;">The Potts Point apartment (pictured above) of the slain Sydney racing identity Les Samba has been listed for sale with $2.75 million hopes through Richardson &amp; Wrench Elizabeth Bay. The Macleay Street unit cost $1.7 million when bought off the plan by Samba Group Pty Ltd in 2003 from the Winten development group. The Pomeroy apartment with extensive terracing but still no potted plantings settled in August 2004. Samba was shot dead as he tried to flee from a gunman police believe lured him to an ambush on a busy street in Melbourne's bayside suburb of Middle Park in February this year. Sydney-based Samba, a former horse trainer, was considered an expert judge of yearlings and was a big spender at sales around the country for many years. He and his family owned several top racehorses and had success with the 2006 Victoria Derby runner-up Gorky Park.
<img src="/images/stories/tamarama3.jpg">
<img src="/images/stories/flagtitletat.jpg" style="float: left; margin: 5px;">At Tamarama, the architect-designed house (pictured above) owned by Dan White, a great-grandson of the founder of the Ray White real estate empire, and his wife, Sam, fell short of its desired $7 million selling hopes when passed in at auction through Ray White Double Bay's Elliott Placks. The couple are selling because they're upgrading to a 2,460-square-metre Victoria Road Bellevue Hill property sold by the Sallick family. It’s a two-storey, period-style residence with tennis court. Placks hopes to secure a buyer in coming days for the house, which was completed three years ago. The interiors of the four-bedroom, four-bathroom residence were by Briony Fitzgerald, the interior designer daughter of the acclaimed designer Ann Gyngell.
{yoogallery src=[images/stories/september21lewis]}
<img src="/images/stories/flagtitletat.jpg" style="float: left; margin: 5px;">The much-anticipated listing of the Sydney Harbour home of the late arts patron Ann Lewis has made its way onto the market (pictured above). But it comes at a time when there are two other premium Rose Bay harbourfront offerings. The Lewis family residence, Amaroo, comes with direct access to a sandy beach and private deepwater jetty, was her home for about 55 years. It has now been listed for October 27 auction by her four children, Amanda Zsebik, Tony Lewis, Annalise Scanlan and Daniel Lewis, following her death in May. Mossgreen is set to sell the contents at a forthcoming auction. Title Tattle heralded the listing in mid-July.
The Australian Financial Review speculates its pricing will exceed Rose Bay's $18.2 million top sale at its auction through Ken Jacobs at Christies International in conjunction with Andrew Livingston at McGrath Estate Agents.
{yoogallery src=[images/stories/september16rosebay]}
The Bayview Hill Road house faces competition from two listings on Dumaresq Road, as Title Tattle has reported. There's the <a href="https://www.propertyobserver.com.au/new-south-wales/leisure-entrepreneur-bill-bursill-s-rose-bay-house-up-for-auction/2011091651576">double-block offering of the late Bill Bursill</a>, whose 1950s house (pictured above) has been listed for November 3 auction, with more than $16 million being sought by Wayne Yates from Laing &amp; Simmons Double Bay. The family purchased the waterfront land in 1950 when it was being used as tennis courts.
And of course the neighbouring<a href="https://www.propertyobserver.com.au/residential/title-tattle-chance-to-buy-one-of-the-100-best-homes-in-the-world/2011090251403"> organic Modernist residence of former Justice of the High Court of Australia Michael Kirby</a> and his partner, Johan van Vloten, has been listed for sale. Designed by one of Sydney's most influential Modernist architects, Neville Gruzman, the house was revolutionary when it was built in 1949 for Gruzman's aunt. The house with direct access to a sandy beach was  bought for $190,000 in August 1976. It has been listed for sale with Belle Property's David Vereker who expects to sell for about $12 million.
<img src="/images/stories/lyon1.jpg">
<img src="/images/stories/flagtitletat.jpg" style="float: left; margin: 5px;">Former Melbourne AFL champion and now Footy Show host Garry Lyon has sold his Hawthorn abode (pictured above) to Washington DC-based buyers. The four-bedroom, three-bathroom period house in one of the suburb’s premier heritage streets had been passed in on a vendor's bid of $3.6 million. Lyon, who bought it in 2005 for $2.74 million, has been expecting $3.5 million plus through Jellis Craig Glen Iris listing agent Paul Keane. No price has yet emerged in The preliminary sale paperwork, which was lodged earlier this month.
<img src="/images/stories/balmoral1.jpg">
<img src="/images/stories/flagtitletat.jpg" style="float: left; margin: 5px;">Software entrepreneur Simon Clausen, who debuted on the 2009 BRW Rich List with a $180 million fortune after selling his software company, listed his Balmoral Slopes. abandoned construction site (pictured above) a few weeks back with no desire to proceed on his envisaged expansive three-level Mosman mansion. It was listed as 2,560-square-metre vacant block through McGrath agent Nigel Mukhi.  The block cost $19 million to amalgamate. Title Tattle notes its marketing now suggests it could be divided into four separate holdings.  The block sizes are 620 square metres, 638 square metres, 664 square metres and 638 square metres. Mostly Europe based these days, Clausen, who featured in eight spot on the latest BRW Young Rich list, reportedly dedicates part of his estimated $207 million fortune to creating the next generation of tech companies through incubator Startive.
<img src="/images/stories/flagtitletat.jpg" style="float: left; margin: 5px;">Title Tattle aims to tell you first – and sometime before it has happened – so it was imperative that the mid-week second auction of the Bellevue Hill residence of Tim Clarke be attended.  It’s been the home that everyone had an opinion about. With lavishly appointed Marco Meneguzzi interiors, the five-bedroom, four-bathroom house was again being offered through Richardson &amp; Wrench Double Bay agents James McCowan and Michael Dunn. There was a $5.8 million opening bid, then a $6 million vendor bid at which proceedings concluded. In between a casually attired registered bidder standing next to the auctioneer asked twice if it was on the market, without himself lodging any offer. Word is that a deal at around $6.41 million was soon secured with the obvious would-be buyer.
In June Title Tattle recalls there was a $6.3 million opening bid of $6.3 million and a vendor bid of $6.4 million with the auctioneer Peter Baldwin accepting incremental increases of $5,000 until the property was passed in at $6.52 million. The Clarkes had paid $2.55 million in 2005 and possibly spent quite a bit more than $3 million on the project. The buyer was none other than Darren Harvey – widely regarded as Australia’s best fixed-income trader and his wife, Jaz, who sat in the front row of the auction. They'd been perennials in recent months getting close to buying on Kambala Road and Victoria Road, elsewhere in Bellevue Hill.
Maybe it’s just the industry in which he worked, but the eastern suburbs property market was alight with speculation that he'd been offered $200,000 by the underbidder to sell soon afterwards— but said no. Harvey was at Deutsche Bank in Sydney and London, where he was head of derivatives, and now runs a very successful fixed-income fund called Bower Capital, which has generated spectacular returns over the last five years.
<img src="/images/stories/gates.jpg">
<img src="/images/stories/flagtitletat.jpg" style="float: left; margin: 5px;">And don't tell anyone that Title Tattle told you but barring last-minute contractual gremlins, Bill Gates will be staying on the Point Piper harbourfront (pictured above) during his upcoming Sydney sojourn. Apparently he's set to stay at car-dealing yachtsman Neville Crichton's property. This week Bill Gates topped Forbes' list of the 400 richest Americans for the 18th year in a row.
</body></html>

Latest Property News

First look at MAYD's North Kirra mixed-use precinct

Guides

Editor's Picks

Guides

Developments

New apartments

New townhouses

News

Latest Property News

First look at MAYD's North Kirra mixed-use precinct

Guides

Editor's Picks

Receive the latest news stories to your inbox

Guides

Developments

New apartments

New townhouses

News