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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Prices paid for vineyards have hit rock bottom and are likely to start heading up next year, according to Colliers’ latest rural and agribusiness survey. 
The past two years have been characterised by very few sales, and where they have occurred “the sale price has represented a significant decline in value demonstrating the real impact of the downturn,” the report says.
“Property values in the wine/vineyard sector have been hit the hardest and are now well and truly at the bottom. There has been a significant amount of restructuring here and not just portfolio sell downs but demergers and consolidations,” the report says. 
“Most of this is now complete. Moving forward, the final outcome of the Great Southern Vineyard Portfolio and Cheviot Kirribilly Vineyard Portfolio sales will provide the last indication of any final adjustments. 
“This sector should re-emerge in a stronger position in 2012 as it begins to consolidate. At this time, some expansion may occur as selective institutional investors reconsider increasing their exposure to the sector.” 
According to Colliers, transactions are now being reported following 24 months of virtually no activity. 
“Demand is still strong … and with the release of some major and interesting portfolios recently … might actually return to a much stronger position by the end of the year,” the report says. 
This forecasted recovery does not hold true for south west of Western Australia, according to David Able, a rural divisional manager at Herron Todd White. 
He says the market for vineyards in this region has been depressed for the past two years, “and there doesn’t appear to be any light at the end of the tunnel”. 
“The massive oversupply of wine in Australia and across the world is anticipated to continue for at least the next few years and could well extend beyond this unless there are significant reductions in the number of vineyards, particularly in the cooler climate regions. 
“Any sales that have occurred have generally been forced sales and have shown no added value for the vines. In fact in many cases the vines were earmarked for removal.” Able says. 
Expressions of interest for the Cheviot Kirribilly Vineyard Property Group (CKP) 953-hectare South Australian vineyard portfolio closed mid-August, with the sale being conducted by Colliers agents Tim Altschwager and Nick Dean. Details of the sale are pending. In June 2009 Knight Frank valued the six vineyards at $42.3 million. Outcome of the negotiations have yet to result in a sale.
Altschwager and Dean are also seeking buyers for the 2,574-hectare Great Southern Vineyard Portfolio on behalf of liquidators with expressions of interest closing on November 12. The portfolio comprises 12 properties, including South Australian-based Galerita, Boh River and Sovereign in the Riverland, Woodside Ridge in the Adelaide Hills and Chapel Gate in Langhorne Creek as well as vineyards in NSW's Riverina and WA's Margaret River region.
In Geelong, Knight Frank agents Michael Hede and Leigh Morris, acting on behalf of receivers are seeking buyers for the collapsed Pettavel and Strathmore vineyards. Hede expects a price of between $5 million and $6 million for the historic Pettavel Vineyard and between $2 million and $3 million for the Strathmore Vineyard.
Prominent deals this year include: 
<ul>
<li>In August, San Francisco-based The Wine Group announced it would buy the 100,000-ton Loxton winery from Australian Vintage Limited located in the Riverland Wine Region in South Australia for about $27 million. </li>
</ul>
<ul>
<li>Poplars Winery in the Coonawarra sold in May 2011 for $4.2 million. The property was owned by Coonawarra Development Company, which purchased the property from Fosters Group in 2007. Coonawarra Development Company went into liquidation in July last year. 
</li>
<li> Cockatoo Ridge Winery in South Australia’s Riverland sold for $3 million to a local investor in February, after it was placed in voluntary administration. The property failed to sell in 2009. </li>
</ul>
<ul>
<li>Constellation Brands sold an 80% share of its Australian and UK business to Australian based company CHAMP Private Equity for about $290 million. Assets sold included Hardy’s Wine Company’s vineyard and winery assets.</li>
</ul>
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lschlesinger-FZcF9M3vE6

Flat vineyard sales to sparkle next year: Colliers

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{yoogallery src=[images/stories/september6rodney]}
1049 Rancho Drive, Ojai, California
Architect Rodney Walker built this glass-walled, four-bedroom house for himself in 1959. Walker, who designed three homes for Art &amp; Architecture magazine's Case Study project, was an early proponent of indoor-outdoor living, and his striking residence brings the outside in and vice versa. Cuttinge-edge for its time, the house on 1.4 hectares offers 270-degree panoramic views over the Ojai Valley. 
Like Frank Lloyd Wright, Walker used equilateral triangles in many of his designs, including a sweeping overarching triangular roof on this property.
The house is being marketed by<a href="https://walkerresidence.com/index.php" title="Crosby Doe" target="_blank"> Crosby Doe</a> Associates with price hopes of US$3.95 million plus. 
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cknowlton-QnEa6ntUYP

Architect's glass house for sale

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Farmers are pessimistic about the future, but according to Colliers, the agricultural property market has turned the corner.
The real estate group’s latest National Rural &amp; Agribusiness Research Report says the agricultural property sector has turned positive for the first time in 18 months.
The release of the Colliers report comes at the same time as survey of 1,200 farmers by Rabobank finds that overall farmer confidence has plummeted due to global and policy concerns,  though “inside the gate” expectations of a strong production season remain high.
According to Rabobank, more than a third of farmers (35%) expect conditions to worsen in the coming year, a significant increase from the 12% who held that view in the previous quarter. Only 18% of farmers expect the agricultural economy to improve (down from 42%), while 42% expect conditions to stay the same.
The Colliers report acknowledges that challenges lie ahead, but says property values are holding firm and there has been a “clear improvement in overall sentiment, underpinned by rising food and commodity prices during the last 12 months.
“The shift has been significant, but it has finally rolled over to the rural sector, providing a much needed boost to confidence levels and extending the tenure for some property owners.”
According to Colliers, the sectors to watch include pastoral, livestock and grazing with “an abundance of opportunity on offer here at the moment and interest in the sector is high”.
“Concerns regarding live cattle exporting will have an impact and will most likely to slow down any decision making over the short term. Overall though, demand is there and strong enquiry will continue to come through from offshore investors looking for expansion opportunities in Australia,” the report says.
The Rabobank survey did not question farmers on their intentions regarding the sale of land, but did question them on their investment intentions.
While this has declined since the last quarter, investment intentions remain robust, with 87% of farmers intending to maintain or increase the level of investment in their businesses.
“This does not suggesting a trend of an increase in farm sales.  The overall fundamentals of the agricultural sector – seasonal conditions and commodity prices – are also very favourable,” a Rabobank spokesperson told Property Observer.
Rabobank general manager Rural Australia Peter Knoblanche says the fall in farmer confidence appears to have been influenced more heavily by factors “outside, rather than inside, the farm gate”.
“Inside the farm-gate, from a production point of view, things are shaping up for an overall good season,” he says.
While the decline in confidence was reflected across all sectors, cattle farmers reporting the lowest confidence, with only 8% expecting conditions to improve in the next 12 months.
Dairy producers are most confident with 39% expecting conditions to improve.
According to Knoblanche, an expectation of favourable commodity prices and seasonal conditions had kept dairy producers positive.
“Good seasonal conditions continue to assist a strong finish to the milk production year. Most processors have announced opening milk prices for southern producers with prices slightly above where they were at last year,” he says.
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Farmers worried about agricultural outlook but plan to invest anyway 

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<img src="/images/stories/billabong1.jpg">
Billabong Station, the 1,875-hectare Eurongilly Valley cropping and pastoral property, has been listed for October 13 auction.
It is in Nangus, 50 kilometres from Wagga Wagga.
The property, which is 90% arable, has a diversified production including cattle breeding, fat lamb production and soft commodities including cereals, lupins and canola.
“It is arguably one of the best developed agricultural holdings in the region,” its listing agent Chris Meares of Meares &amp; Associates says. It has been listed in conjunction with Bill Schulz at Landmark Harcourts Wagga Wagga.
<img src="/images/stories/billabong4.jpg">
It has been listed by the Sydney lawyer and property group director David Baffsky. Billabong has been his family's farming enterprise for 31 years.
The Eastern Riverina property had been in the Beveridge family for 76 years. The Beveridge family had strong links to the Country Women's Association.
It’s been Baffsky’s sole rural holding since 1997, when he sold the 892-hectare Oura Station, east of Wagga Wagga, to American billionaire Barbara Cox-Anthony for $2.5 million. Cox-Anthony owned several other nearby properties.
The listing suggests a change in emphasis for Baffsky and his wife, Helen, who spent $6 million late last year on Runnymede, an 18-hectare property at Glenquarry in the NSW Southern Highlands through Bowral agent Drew Lindsay.
<img src="/images/stories/billabong2.jpg">
The property, with Billabong Creek frontage, comes with a five-bedroom homestead plus additional houses. The homestead was renovated in 1979 and extended in 2007 with additional accommodation.
It has a six-stand woolshed, four sets of sheep yards, and two sets of cattle yards.
<img src="/images/stories/billabong3.jpg">
Its highly developed agricultural productions comprises a mix of established perennial and annual pastures prescribed by agronomist Mark Lucas. Traditionally 800 hectares of cereal and dual-purpose crops are sown annually, with up to 1,400 hectares in some years. The standing crops are to be given in with the sale.
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jchancellor-FAypfDUnLy

Billabong Station at Wagga Wagga listed for October auction

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{yoogallery src=[images/stories/september5alley]}
Actress Kirstie Alley has listed her five-bedroom, four-bathroom cottage in rural Maine with $2.35 million hopes. The Dancing With the Stars contestant and Fat Actress star bought the house, which has a flowery pink interior design, in 2003 for $1.15 million. <a href="https://www.sothebysrealty.com/eng/sales/detail/180-l-910-4305533/living-room-islesboro-me-04848" title="Sotheby's" target="_blank">Sotheby's International </a>agent Jackie Hall is marketing the 190-square-metre cutesy cottage, whose interiors somewhat resemble a life-sized dollhouse.
The 6.5-hectare property includes a private wooden dock for flower-festooned (or otherwise) boats and includes lush English-style gardens. It also has beach frontage.
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Kirstie Alley thinks pink in Maine retreat

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<img src="/images/stories/cottles.jpg">
<img style="float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">A Joe Chindarsi-designed house (pictured above) at Cottesloe Beach – which appeared in the book 100 More of the World’s Best Homes – has been listed for sale through Justin Davies at Space Real Estate. The WA property been listed by Robina Black and husband, Martin , the director of parenting support organisation Ngala Family Services. The four-bedroom house comes with wine cellar and swimming pool. When advertised as The Butterfly Residence by Mack Hall and Associates, it had a $3.55 million asking price in mid-2011. The book, by Robyn Beaver, was published in 2008.
<img src="/images/stories/earlwood.jpg">
<img style="float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">The Michelin star-awarded Thai food chef David Thompson has sold his family home at Earlwood (pictured above), in Sydney’s inner west. He owns the renowned Nahm restaurants in Bangkok and London, which ranks as the only Thai restaurant ever to be awarded a Michelin star. Thompson grew up in the Homer Street house, which has views across Cooks River to the city skyline. Thompson is looking to buy something in Thailand. The recently renovated house sold with an undisclosed price through BresicWhitney Estate agent Darren Pearce and Daniella Sarkis, who were expecting more than $750,000. Thompson made his culinary mark at Darley Street Thai restaurant in Sydney with his business partner, the late Peter Bowyer, and then at Sailors Thai at The Rocks.
<img src="/images/stories/box40.jpg">
<img style="float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">Box 40 (pictured above), one of the 85 Brighton bathing boxes, has been snapped up before this weekend’s scheduled auction for $210,000. It had been listed with $190,000-plus expectations having been last sold at $170,000 two years ago. Set on one of the most photographed locales in Australia, Box 40 comes with new weatherboards and a Balinese-style ceiling. It sold through Katie Reid at Nick Johnstone Real Estate. Bathing boxes existed in Brighton as far back as 1862. The record price for a newly built bathing box was set in June at $260,000.
<img src="/images/stories/dover3.jpg">
<img style="float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">They must talk about nothing but real estate in the Channel Seven Sydney canteen at the moment. Not only has star Morning Show presenter Larry Emdur spent $6.8 million on a trophy home (pictured above) in Dover Heights, but its sports news presenter Tony Squires and his wife, Kate Pascoe, have been active in the Sydney market. But Squires and Pascoe are yet to sell their house at Clovelly (pictured below).
<img src="/images/stories/squires.jpg">
The large three-bedroom Federation semi overlooking the ocean in Sydney’s coastal eastern suburbs had been tipped to fetch more than $1.7 million when scheduled for auction last weekend. The Surfside Avenue property remains listed through Debbie Donnelley and Angus Gorrie at goodyerDonnelley Real Estate. Squires and Pascoe are upgrading to a larger $2.6 million three-level residence at Bondi Junction sold by the art gallery owner Richard Martin through Ben Collier at McGrath Eastern Suburbs.
<img src="/images/stories/brissenden.jpg">
<img style="float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">The Buckle car dealership family are selling on of their Sydney northern beaches residences. Maemont, the five-bedroom Collaroy Basin extended bungalow (pictured above), is for sale at $2.95 million through Matt Morley at Doyle Spillane Real Estate.
<img style="float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">Title Tattle aims to tell you as soon as we know – often before it happens – so the word from Rose Bay is that retired High Court justice Michael Kirby is set to sell his long-time home on Sydney Harbour. It’s been his home since 1976. Its listing presumably means Michael and his partner of 41 years, Johan van Vloten, will now be able to buy something in both their names.
<img src="/images/stories/gilb.jpg">
<img style="float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">And don't say that Title Tattle told you, but Western Bulldogs defender Lindsay Gilbee is not likely to make much money on his 1955 Ashburton house (pictured above), which failed to sell at last weekend's auction. The renovated two-bedroom 1950s house, set on a 705-square-metre block, is listed through Marshall White agent Andrew Gibbons, who passed the property in at $880,000. Gilbee now has price hopes of $950,000 for it. The property last sold in October at $925,000 with the stamp duty costing $50,000.
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Chance to buy one of the 200 best homes in the world: Title Tattle

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19 Henrietta Street, Hawthorn, VIC, 3122
{yoogallery src=[images/september2hawthorn]}
Gee, Mal, how do you give 800 points to a plain Jane? Well, because the characteristics are first rate - big land for Hawthorn and a double fronter with a northern orientation. Quiet location - actually very quiet yet central Hawthorn - could hear little noise in the backyard. Neighbors close but not intrusive. Home sits back on the block.
Good feel as you enter. Floor plan flows well. Front kid's bedrooms work well to bathroom. I like the living areas - they are a good locale to heart of the home. Laundry and parents' retreat section work well - good sunny master bedroom. The home is not built to the highest quality, but you are not buying a trophy home you are buying above. From the front tandem parking - not brilliant but OK. Fiberglass pool. Kitchen cupboards are just OK- need an update. Rear deck is nicely elevated. Possible access to boulevard.
Overall a very, very good family home offering - even if it's not sexy - actually it is sexy because of its land, flow and positional characteristics.  Should attract a fair bit of interest and a number of buyers, even in this market. It will appeal to those approaching $2 million.
- Mal James
Very good property this one. Good feel, functional floor plan, good land size (space is enhanced by fact there is no neighbour over the back fence) and ideal rear orientation. Facade is just OK, street narrow, surrounding properties not brilliant and the pool may turn some people off. We have seen some very strong recently in this Urquhart Estate precinct in the past and regardless of market sentiment this should attract good interest.
- Adam Woledge
James Buyer Advocates gives this property a rating of 800 out of 1000, which puts it in the category of exceptional. It will go to auction on Saturday, September 3 at 11am. Scott Patterson of <a target="_blank" title="Kay &amp; Burton" href="https://www.kayburton.com.au/?page=Page&amp;load=properties&amp;do=view&amp;id=2989201">Kay &amp; Burton South Yarra </a>is marketing the property with price hopes of $1.5 million plus. 
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maljames-vHwm28JUAa

Hawthorn gem ticks all the right boxes

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LJ Hooker has confirmed it has terminated the franchise agreement with its Pymble and Lindfield office franchisee, Johnson Prestige Realty Pty Ltd, due to a breach of the franchise agreement.
The office has secured the sale of many prestige upper north shore listings, including  a then-record of $5.4 million in Pymble in 2004.
A search of LJ Hooker's website for Pymble returns a "Page not found" message.
<img src="/images/stories/ljhookerpymble.jpg">
LJ Hooker’s other businesses on Sydney’s north shore are among the strongest and stable businesses within the network, an LJ Hooker spokesperson says.
“As one of the leading real estate network we will continue provide our customers and the residents of the north shore the same service as always.”
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LJ Hooker terminates Pymble franchise office

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The Phillip Island site of the fire-destroyed historic Isle of Wight Hotel has been listed for sale. It comes with approval for a nine-storey residential-resort development and has $9 million plus hopes.
The historic hotel played host to Fred Astaire, Ava Gardner and Gregory Peck during their filming of the 1959 movie On the Beach in 1958.
<img src="/images/stories/onthebeach.jpg">
The 1920s Cowes hotel was destroyed in May 2010, after which the hotel's owner, David Gearing, expressed his hope to rebuild.
Its redevelopment was first flagged in the early 1980s. The development application was first approved 2005, with subsequent amendments earlier this year.
There has been a hotel on the main street site since the 1870s.
<img src="/images/stories/philhotel.jpg">
The 9,197-square-metre site on The Esplanade has been listed through CB Richard Ellis agents Paul O’Connell and Scott Callow.
Offers are due October 11. The marketing says it is for outright sale or the vendor will consider a joint venture.
It has been in the Gearing family since 1982.
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Iconic Phillip Island resort development site for sale - and it's on the beach

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{yoogallery src=[images/stories/september1fitness]}
Tony De Leede, who recently featured at number 90 on the Queensland Top 100 Rich List, has listed his redundant Mermaid Beach retreat for sale.
The three-level, four-bedroom, four-bathroom Hedge Avenue house – with massive but empty walk-in master bedroom wardrobe – is being marketed by Kingfisher Realty agent Conal Martin.
“Properties of this calibre rarely become available on tightly held Hedges Avenue, and we expect the property to stir up a lot of interest within the prestige real estate market here on the Gold Coast,” Martin says.
De Leede was the founder and former managing director of Fitness First Australia. He paid $7.3 million in 2009 after the property downturn hit the Gold Coast in late 2008. It was $1.5 million less than the asking price of its vendor, Lisa Frawley, the wife of the former Roamfree executive director Mark Frawley. Leede has says he is willing to take a small loss on the property.
The 607-square-metre house was constructed four years ago.
“It’s been only sparingly used due to Tony De Leede’s heavy business schedule, so he has reluctantly decided to sell the home,” Martin says.
“At the time of purchase, I considered this property was the best value on Hedges Avenue and made the decision to buy it the moment I viewed the home with the intention of living in it.” De Leede says.
“Business commitments intervened with my plans, due mainly to guiding the explosive development of my new business venture, Fit ‘n’ Fast Fitness Clubs.
“This has constrained my presence on the Gold Coast to far less than originally planned, resulting in the property being under-utilised.
“With two other beachfront properties in Burleigh Heads and a love of spending time at my award-winning health retreat Gwinganna in the Tallebudgera Valley, I have reluctantly decided to sell my home on Hedges Avenue.” De Leede says.
The house has a four-car garage.
The top floor exclusive parents’ area also has a contemporary en suite with spa and a private balcony overlooking the beach.
The first floor has three bedrooms, two bathrooms, a kitchenette area and a casual lounge area plus an open balcony.
The ground floor living area has a kitchen with granite tops and Miele appliances and walk-in pantry. A dedicated office is located on the ground level.
The grounds have a lap pool and spa pool.
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