A new 25-storey apartment tower proposed for Mercer Street would push Geelong’s western gateway skyline higher, with Morphy Birrell Property Group lodging plans for a project directly beside one of the city’s most significant heritage streetscapes.

The <a href="https://www.apartments.com.au/architects/fk-australia">FK</a>-designed development at <a href="https://www.apartments.com.au/new-apartments/65-67-mercer-street-geelong-vic-3220">65-67 Mercer Street</a> has now been referred to Victoria’s Planning Minister. The site sits opposite the Geelong rail corridor and immediately south of the heritage-listed St Peter and Paul’s Catholic Church and Ashby Hall precinct.

Rather than compete with the neighbouring ecclesiastical buildings, the proposal adopts a sculpted podium intended to reference the materiality and scale of the heritage context. Planning documents note the design draws cues from the “dark stone brick” church and surrounding masonry buildings, while the tower above transitions into a softer, curved form oriented toward Corio Bay and the Geelong waterfront.

<img alt="First look: Morphy Birrell Property Group targets 25-storey Geelong tower beside landmark church precinct" data-entity-type="file" data-entity-uuid="b797d10c-d4a6-47af-b8df-1aeaa3b382be" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/public%20square.png?VersionId=QGIpcz1x1hKB6lQLl2iobyHqb6PS2Ztc" />

The development forms “Stage 5” of Morphy Birrell Property Group’s broader Mercer Street precinct strategy, following the completion of the 21-storey Miramar tower on Cavendish Street and several additional approved redevelopment stages nearby. Planning consultants Ratio said the proposal “represents an exemplary development outcome” aligned with the strategic ambitions for Central Geelong’s continued urban renewal.

The mixed-use project would replace an existing low-rise commercial building and surface parking area on the 3,320 sqm corner site. FK’s urban context report describes the proposal as a residential development comprising apartments, resident amenities, commercial space, and integrated landscaping positioned to maximise bay views and northern sunlight access.

Renders show a deeply articulated tower with curved balconies stepping above a lower masonry podium that frames a landscaped forecourt facing Mercer Street. The design intentionally preserves sightlines toward the adjacent church buildings, with the podium scaled to reinforce the heritage edge before the tower recedes upward.

<img alt="First look: Morphy Birrell Property Group targets 25-storey Geelong tower beside landmark church precinct" data-entity-type="file" data-entity-uuid="2bdca91e-66f7-4ac7-8baa-2f93bd5b564e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/geelong%20site.png?VersionId=QOhbino4ZgzKYw5dW3QE14E.2yq.Sv87" />

The planning report highlights the site’s strategic location within 400 metres of key Geelong destinations including Cunningham Pier, the Geelong Station precinct, Deakin University, and the convention centre. Bus services run directly along Mercer Street, while the Corio Bay foreshore sits around 100 metres north of the site.

The proposal arrives amid accelerating redevelopment across central Geelong, where planning policy continues to encourage higher-density housing close to transport infrastructure and the waterfront. Mercer Street in particular has emerged as a focal point for taller apartment development due to its proximity to Geelong Station, the bay, and major civic infrastructure.

Joel Robinson

Morphy Birrell Property Group targets 25-storey Geelong tower beside landmark church precinct

Development giant&nbsp;<a href="https://www.apartments.com.au/developers/hamton">Hamton</a> and joint venture partner Hostplus have revealed the next residential stage of their $3 billion Moonee Valley Park masterplan, lodging plans for 512 more apartments within the precinct on surplus racecourse land at 110 Wilson Street, Moonee Ponds.

The proposed development, dubbed&nbsp;<a href="https://www.apartments.com.au/new-apartments/trackside-house-110-wilson-street-moonee-ponds-vic-3039">Trackside Gardens</a>&nbsp;in the planning application, follows the <a href="https://www.apartments.com.au/news/vic/first-look-exclusive-hamton-and-hostplus-reveal-sixth-stage-of-moonee-valley-park-masterplan">recent unveiling of the sixth-stage Cox Place Precinct</a> and continues the long-running transformation of the Moonee Valley Racecourse into one of Melbourne’s largest urban renewal projects.

Positioned on the north-eastern edge of the racecourse adjacent to CityLink, Trackside Gardens will comprise three residential buildings rising between 61.8 metres and 86.4 metres within a heavily landscaped precinct shaped by Hamton’s Nature Based Cities framework.

The project forms part of the broader Moonee Valley Park redevelopment being delivered by Hamton, Hostplus and the Moonee Valley Racing Club, which is reshaping the 40-hectare racecourse site into a mixed-use neighbourhood with housing, retail, commercial space, hotels, parkland and community infrastructure.

Trackside Gardens sits separately to the recently proposed Cox Place Precinct, a five-building stage comprising around 1,100 residences, two build-to-rent buildings, two build-to-sell towers, retail, office space, and a hotel overlooking the racetrack. Together, the projects continue to accelerate housing delivery across the precinct.

<img alt="First look: Hamton expands Moonee Valley Park masterplan with 512-home Trackside Gardens precinct" data-entity-type="file" data-entity-uuid="5fc1941e-52d3-41c6-abc4-0f13fe8ae5ea" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/DA%20Edits%20%281%29.png?VersionId=7qwRHq5dcvXWNot2hNOgoQhN2GIWudNK" />

Designed by <a href="https://www.apartments.com.au/architects/dko-architecture">DKO Architecture</a> with landscape architecture by Tract, Trackside Gardens has been conceived as a botanical-style residential precinct prioritising canopy planting, communal green space, and vertical landscaping.

“The architectural vision for the proposed development centres around buildings in a botanical park setting that champions the important role of nature,” the planning submission states.

“The proposal incorporates principles of biophilic design, with landscape and environmentally sustainable development influencing the ultimate design response of the buildings and prioritising the ground plane to ensure a high amenity for both occupants and visitors.”&nbsp;

Trackside Gardens will deliver 512 apartments across the three buildings, alongside 518 basement car spaces and 523 bicycle spaces. Around 20 per cent affordable housing is proposed across the broader North East Precinct, equating to around 158 dwellings.&nbsp;

The affordable housing component will be concentrated within the Wilson East building, while the remaining apartments are expected to be delivered as build-to-sell residences.

Trackside Gardens has been designed around Hamton’s Nature Based Cities initiative, founded by Executive Chair Paul Hameister OAM in partnership with the University of Melbourne, Urbis, Ark Resources and Tract. The initiative promotes integrating higher-density urban development with significant biodiversity, tree canopy and landscape outcomes.

<img alt="First look: Hamton expands Moonee Valley Park masterplan with 512-home Trackside Gardens precinct" data-entity-type="file" data-entity-uuid="89353449-7b3c-42fd-8fd8-8bf64a5ef80f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_4.png?VersionId=X8jRt0P2L7fIWjLhfX6gPknXToXIBeLj" />

A comprehensive landscape strategy would introduce deep soil planting, vertical greening, communal gardens, and new pedestrian links throughout the site.

Planning documents state the development is targeting a 5 Star Green Star Buildings rating, a 7.5-star average NatHERS rating, and “Exemplary” Nature Based Cities certification.&nbsp;

The proposal joins an expanding pipeline of approved and proposed buildings within Moonee Valley Park, including the recently launched Eveline apartments and the approved Grandstand North and South towers.

Hamton has increasingly focused on precinct-scale, nature-led communities across Melbourne’s middle-ring suburbs, with projects spanning Hawthorn, Kew, and Moonee Ponds.

Hampton unveils Trackside Gardens, latest stage of $3 billion Moonee Valley Park masterplan

The Paul Gedoun-led <a href="https://www.apartments.com.au/developers/ss-projects">S&amp;S Group</a> has achieved another milestone in its $1 billion transformation of Rainbow Bay on the southern Gold Coast with the completion of the company’s third project in four years, the $160 million <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a> residences.

Delivered by <a href="https://www.apartments.com.au/builders/hutchinson-builders">Hutchinson Builders</a> and designed by <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker Architects</a>, Esprit buyers have now moved into the 94 apartments across two interconnected buildings at 217-227 Boundary Street.

The successful settlement of Esprit marks another astounding chapter in the S&amp;S story, which launched its highly successful Flow apartments three years ago and created its own ultra-luxury branded fingerprint on an area craving new luxury residences.

Most early purchasers have secured gains of well over $1 million since the project launched in 2021.&nbsp;

[smartcode_project:default project_id=102921 project_image_fid=172129]

S&amp;S Projects Founding Director Paul Gedoun said the completion of Esprit reflects sustained demand for premium apartments in tightly held coastal locations.&nbsp; 
&nbsp;&nbsp; &nbsp; 
“Esprit has attracted buyers seeking a combination of quality design, considered amenity and a location that is becoming increasingly difficult to replicate,” said Gedoun.

“We identified some years ago that Rainbow Bay is a unique market where supply of luxury residences is limited, and we see the settlements in Esprit further underpinning this thinking - that for both owner-occupiers and investors.”&nbsp;

[smartcode_project:default project_id=102921 project_image_fid=172174]

A key feature of the development is ‘Club Esprit’, a 1,000sqm residents-only rooftop level combining wellness and recreation, believed to be a first for the Gold Coast, and which is fast becoming a signature of the S&amp;S brand.

Positioned to capture views across Snapper Rocks, Rainbow Bay and the Tweed River, the rooftop includes a 25-metre lap pool, gym, yoga lawn, sauna and steam facilities, ice bath, private dining spaces, outdoor cinema and landscaped areas for residents.&nbsp;

<a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a> Director Jayde Pezet, who led the sales campaign for Esprit and S&amp;S’s Flow and Awaken apartments, said the project’s performance reflects both the strength of the product and the depth of demand for premium apartments on the southern Gold Coast.&nbsp;

“In some cases, we’ve seen values double since launch, which is a clear reflection of how tightly held Rainbow Bay has become and the level of demand for well-executed projects in this market,” said Pezet.&nbsp;

“Buyers recognised early what S&amp;S Projects was delivering here, and that conviction has been rewarded as the project has progressed towards completion.”&nbsp;

[smartcode_project:default project_id=102921 project_image_fid=214819]

Esprit offers a mix of two- three and four-bedroom apartments and sits within walking distance of the beachfront, cafés and local amenities, reinforcing its appeal as both a lifestyle and investment destination.

The project is the third completed by S&amp;S Projects in Rainbow Bay, following Flow Residences and Awaken Residences, which together have contributed to the suburb’s emergence as one of the Gold Coast’s most sought-after coastal pockets. &nbsp;

S&amp;S Projects is continuing its investment in the area with Radia, a $215 million development currently under construction.&nbsp;

[smartcode_project:default project_id=102921 project_image_fid=172175]

Gedoun said the completion of Esprit signals continued confidence in the southern Gold Coast market.&nbsp;

“We’ve seen strong interest in well-located, high-quality apartments, particularly in areas where future development opportunities are limited."

“That’s been a key factor in the performance of Esprit and the broader Rainbow Bay market”.

[smartcode_project_cta:default project_id=102921]

Owners move in as Esprit completes at Rainbow Bay

Few developers can boast a portfolio across South East Queensland's luxury markets quite like <a href="https://www.apartments.com.au/developers/mosaic-property-group">Mosaic Property Group</a>.

The builder-developer, founded in 2004 by Managing Director Brook Monahan, has projects in planning, on the market, and under construction, from Burleigh Heads and Broadbeach to Kangaroo Point and South Brisbane.

With a pipeline exceeding $2 billion, Mosaic remains highly selective when it comes to development sites, having spent years refining its strategy around feasibility research and product planning. The group is set to continue growing into 2026 and beyond.

In Brisbane, Mosaic currently has three projects in the market. It is in the final release stage at <a href="https://www.apartments.com.au/new-apartments/the-bedford-by-mosaic-16-30-prospect-street-kangaroo-point-qld-4169">The Bedford</a> in Kangaroo Point, which is approaching complete sellout ahead of its late 2027 completion.

[smartcode_project:default project_id=134792 project_image_fid=328123]

Designed in collaboration with <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, The Bedford comprises 128 two- and three-bedroom residences. A selection of ultra-luxury Masterpiece Series Skyhomes, positioned across the top levels, offer expansive floor plans and sweeping views of the river and city.

High-end inclusions, such as natural stone benchtops, bespoke cabinetry, and Miele appliances, feature throughout all apartments, alongside the Rooftop Recreation &amp; Retreat Sky Terrace. This includes a resort-style pool with sun deck and loungers, spa, cold plunge pool, sauna, steam room, private dining room with a full kitchen, residents' lounge, multiple barbeque and relaxation zones, an outdoor viewing deck, and landscaped gardens with water features, all oriented to sweeping city and river views.

A gym with indoor and outdoor zones, and a golf simulator, further enhances recreational choice within the building.

[smartcode_project:default project_id=134792 project_image_fid=328119]

A defining feature of the development is its integrated mixed-use component, which will deliver Kangaroo Point's first major supermarket, alongside a café and liquor store, bringing long-awaited convenience to the peninsula.

Monahan says The Bedford represents the culmination of a near-decade-long journey, after first identifying the A-grade Prospect Street site in 2016. While they came close to acquiring it at the time, the site was ultimately purchased by Woolworths' development arm, Fabcot. The opportunity resurfaced in 2024 when the site, vacant for nearly three decades, was brought back to market.

Monahan says Mosaic projects often begin years before any formal plans are drawn. Their new South Brisbane development is no exception, with the site first earmarked in 2018.

"We aren't opportunistic," Monahan says. "Every site purchase is carefully considered. As seen with Kangaroo Point and South Brisbane, it can take years to eventuate. There are sites we're looking at now that we may not secure for several years."

[smartcode_project:default project_id=141711 project_image_fid=353495]

A similar story unfolded at <a href="https://www.apartments.com.au/new-apartments/the-carter-by-mosaic-77-linton-street-kangaroo-point-qld-4169">The Carter</a> in Kangaroo Point, opposite The Gabba. Like The Bedford, it is also approaching sellout of its 125 two- and three-bedroom apartments. The majority of sales are attributed to returning customers and referrals, with a balanced mix of investors and a strong majority of owner-occupiers.

BDA Architecture was again engaged to design the 22-storey building, which will feature a suite of wellness and lifestyle amenities, including a golf simulator and cinema, a commercial-grade gym, and a rooftop recreation level with a pool, steam room, sauna, cold plunge, teppanyaki bar, private dining spaces, and landscaped terraces.

Construction is on track for completion in mid-2027.

[smartcode_project:default project_id=151614 project_image_fid=362759]

Mosaic's latest offering is its most ambitious yet, boasting a rare, north-facing riverfront position on Montague Road in South Brisbane.

<a href="https://www.apartments.com.au/new-apartments/the-riversdale-by-mosaic-south-brisbane-91-montague-road-south-brisbane-qld-4101">The Riversdale by Mosaic</a> is a 39-storey tower comprising just over 200 residences and Masterpiece Series Sky Homes. Designed in partnership with Bureau Proberts, it will feature nearly 3,000 sqm of genuine, internationally benchmarked six-star, hotel-style amenities, including a wellness precinct, pool, gym, massage and treatment rooms, cinema, golf simulator, and extensive outdoor dining areas across a two-level rooftop deck.

Early works are underway, with full construction expected to commence in the second half of 2026, and an anticipated late 2029 completion.

[smartcode_project:default project_id=151614 project_image_fid=362759]

Since 2012 alone, Mosaic has completed more than $2 billion in projects and is set to deliver another $2 billion worth of developments, comprising hundreds of luxury apartments, each defined by Mosaic's signature standards of quality, detail, and delivery.

"We never arrive, there is no finish line," says Monahan. "Our ambition is to keep evolving what luxury means, creating design- and lifestyle-led residences in incredible locations, places people genuinely aspire to and want to live, homes that are loved deeply and endure long beyond their moment."

Mosaic's Midas Touch

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> (Urban) has broken ground at Keira Place, its new major mixed-use residential precinct in the heart of Wollongong CBD.

Held at 120-122 Smith Street, the groundbreaking marked the commencement of construction on Stage 1 of <a href="https://www.apartments.com.au/new-apartments/keira-place-120-122-smith-street-wollongong-nsw-2500">Keira Place</a>, with the opening of the new display suite. 
&nbsp; 
Keira Place is a State Significant Development that will deliver new housing supply, affordable homes and inclusive living options within walking distance of Wollongong’s CBD, coastline, transport, hospital and education precincts.

[smartcode_project:default project_id=144442 project_image_fid=369868] 
&nbsp; 
Stage 1 is now under construction and will deliver 150 apartments across two residential buildings, including 27 affordable housing apartments and 18 specialist disability accommodation dwellings, along with activated ground-floor retail and commercial space. 
&nbsp; 
Urban Co-CEO Patrick Elias said the groundbreaking represented a significant milestone for Wollongong and reflected Urban’s long-term commitment to regional cities.

“Today’s groundbreaking is about turning approvals into homes and moving quickly to deliver much-needed housing in Wollongong’s city centre,” Elias said. 
&nbsp; 
“Keira Place will provide a diverse mix of homes close to jobs, transport and services, while setting a high benchmark for quality, durability and consumer protection.”

[smartcode_project:default project_id=144442 project_image_fid=369869] 
&nbsp; 
Hon. Paul Scully MP, Minister for Planning and Public Spaces, Member for Wollongong said Keira Place is exactly the kind of development Wollongong needs – delivering new homes close to transport, employment and services, while supporting the continued growth and renewal of the CBD.

"This project reflects the Minns Labor Government's commitment to increasing housing supply in well-located areas." 
&nbsp; 
Wollongong Lord Mayor Cr Tania Brown said Keira Place would deliver lasting community benefits for the city. 
&nbsp; 
"Keira Place is a welcome addition to Wollongong's CBD delivering new housing, affordable homes and activated street-level spaces that will benefit our community for years to come," Brown said. 
&nbsp; 
"Urban Property Group's investment reflects the confidence that quality developers have in Wollongong's future, and I look forward to seeing this precinct come to life."

[smartcode_project:default project_id=144442 project_image_fid=369867] 
&nbsp; 
Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a>, with interiors by <a href="https://www.apartments.com.au/interior-designers/dko">DKO,</a> Keira Place prioritises liveability and long-term performance, with landscaped shared spaces, generous apartment layouts and a pedestrian-friendly streetscape along Smith Street. 
&nbsp; 
Residents will have access to landscaped podium areas, communal rooftop amenities with views to Mount Keira and the Wollongong skyline, and convenient ground-level retail.

The development will have 10-year Latent Defects Insurance by Resilience Insurance.

[smartcode_project_cta:default project_id=144442]

Groundbreaking marks start of construction at Keira Place in Wollongong CBD

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?

Landmark Group has paid Landcom more than $135 million for a 1.8-hectare high-density site at Lachlan&#39;s Line at Macquarie Park.

The inner north-west site was likely t have up to 950 units across six to nine buildings over the next decade.

The sale by Landcom, the NSW government&#39;s land and property development organisation, was cnfirmed by Landcom&#39;s executive general manager projects, Tasha Burrell.

It was one of the largest high-density land sites sold in Sydney in the past two years.

The site, at 2-5 Halifax Street in the Lachlan&rsquo;s Line precinct at Macquarie Park, was purchased by Landmark Group in a deal facilitated by Knight Frank.

&quot;Landmark Group has demonstrated its capacity to deliver quality outcomes and we are confident they will deliver on the vision for Lachlan&#39;s Line,&quot; Ms Burrell said.

&quot;With the completion of the major infrastructure that now supports the area, and the sale of stages two and three, Landcom will consider the sale of stage four, which is 17,918sq m and will support 826 dwellings.&quot;

Frasers Property Australia was the first to buy at Lachlan&#39;s Line in 2013, then in late 2014, Greenland Australia secured a 1.2-hectare, mixed-use site.

It has so far developed 584 apartments, eight townhouses and 4500sq m of retail, including a Coles supermarket.

Landmark&#39;s site is zoned R4 High Density in accordance with the Ryde Local Environment Plan, with a total allowable gross floor area of 82,212sqm with buildings heights of between 33 and 99 metres.

Head of development at Landmark Group, Joseph Scuderi said they were attracted to the site because we see it as a &quot;fantastic opportunity to be able to provide the market with a high-quality residential product, at an affordable price point, in an area that will require greater supply.&quot;

&ldquo;Landmark Group will be able to leverage off the many improvements to the Lachlan&rsquo;s Line precinct already delivered by Landcom, including all lead infrastructure and services, high-quality public domain spaces, completed regional road infrastructure and the Lachlan&rsquo;s Line &lsquo;helix&rsquo; pedestrian and cycle bridge,&rdquo; Mr Scuderi said.

&ldquo;The precinct will become a vibrant community close to the city, providing jobs and sought-after amenities.

&ldquo;Macquarie Park is one of the most accessible and sought-after residential development locations in Sydney, being close to major amenities and we are proud to be involved in this project.&rdquo;

Landcom's executive general manager projects, Tasha Burrell, said it was one of the largest high-density land sites sold in the city in the past two years

jchancellor-FAypfDUnLy

Landmark Group spends $135 million for Lachlan's Line, Macquarie Park apartment site

The national property&nbsp;developer Gallery Group are the latest to submit plans for a residential apartment tower on the Gold Coast.

They&#39;ve submitted plans for their recently acquired site at 203-211 Surf Parade for a 35-level, 102-apartment tower dubbed Chalk.

Gallery are targeting the owner-occupier, with no one-bedroom apartments. There will be 17 two-bedroom apartments, which start in size from 105 sqm, and 85 three-bedroom apartments.

<img alt="" height="764" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/chalk_surf_parade_2.jpg" width="1200" />

Levels six to 19 will have four apartments per floor, one-two-bedroom apartments and three three-bedroom apartments. The three-bedder will each have two sitting areas and a king-sized mater suite, complete with walk-in wardrobe and ensuite.

Those three-bedders start at 178 sqm.

From there levels 20 to 30 will have just three three-bedroom apartments, no smaller than 209 sqm. The biggest is over 254 sqm.

<img alt="" height="1063" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/chalk_surf_parade_4.jpg" width="1200" />

The skyhomes crown the development, across levels 31 to 34, each with three bedrooms, a study and a media room.

The northern penthouse is over 385 sqm and also has its own cellar. The king even has its own walk in shoe storage room

Raunik Design has drawn up the plans to feature a recreation level on level four, complete with a gym with sauna, pool and spa and pool deck.&nbsp;The landscaped gardens by FORM feature barbecue and dining areas. There are two apartments on that level, one with its own plunge pool.

There&#39;s a level 35 roof terrace with indoor and outdoor seating and dining, a communal kitchen, a boardroom or private dining area and a shared office space with a breakout area.

The entry lobby will home a cafe, surfboard racks, dog wash and water feature.

In the design intent, Raunik say the tower is inspired by art deco fused with a contemporary feel.&nbsp;

&quot;Precise geometric shapes integrated with simplistic design elements achieve timeless results&quot;, it reads.

&quot;Naturally formed materials such as concrete, glass and stone are intertwined carefully with earthy tones to create a grounded atmosphere both in and around the building.&quot;

[smartcode_project_cta: project_id=108363]

They've submitted plans for their recently acquired site at 203-211 Surf Parade for a 35-level, 102-apartment tower dubbed Chalk

Gallery Group lodge plans for Surfers Paradise apartment development, Chalk

The masterplanned community&nbsp;Azure, in Forest Glen in the Sunshine Coast region, is set to have a number of rainforest-style villas bookend its mini-masterplan.

Developer Michael Cullen&nbsp;has lodged plans for 15 boutique villas in the Owen Creek Road development, which when completed&nbsp;will comprise of six stages across 20-acres, with communal parks, walking tracks and large open spaces.

Cullen has had Paul Butterworth Architect draw up the plans for the villas which will&nbsp;sit on blocks of land ranging from 164 sqm to 504 sqm. There are four different styles of villas, each having three bedrooms.&nbsp;

<img alt="" height="833" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/azure_land_main.jpg" width="1200" />

There will be villas at the other end of the townhouse community, which has 90 lots ranging from 195 sqm to 391 sqm. Buyers will have the option of building their own home, or buying as part of a house and land package.

Town Property sales agent Craig Morrison has been marketing the sought-after estate.

Last year, in the midst of the COVID-fuelled demand for the area, Morrison sold the first stage of the development, 21 lots, in one weekend when it launched.

There&rsquo;s now just a handful of lots remaining, starting from $365,000.

There will be villas at the other end of the townhouse community, which has 90 lots ranging from 195 sqm to 391 sqm

Sunshine Coast land development Azure set for rainforest villa collection

The local Sunshine Coast developer&nbsp;Habitat&nbsp;Developments are set for a 200-apartment development on the Maroochy River.

Habitat, led by director Cleighton Clarke, has lodged plans with the Sunshine Coast Council for St Clair Apartments at 930 &amp; 931 Birtinya Boulevard, located directly adjacent to Lake Kawana.&nbsp;

There will be 100 apartments in each eight-level building, made up of 46 two-beds, 119 three-bedroom apartments, making up 60 per cent of the development, and 35 four-bedroom and penthouse apartments.

Habitat Development Group managing director Cleighton Clark said they are excited about the project and look forward to Habitat playing its part in the growth and evolution of the Birtinya lakeside precinct.

"There’s already been some exciting momentum created by Stockland and other strong local developers," Clark said, adding that the Birtinya precinct was awarded the 2020 National UDIA Award for Master-planned Development.

K Architecture designed the buildings which curve in sync with each other, and are separated by a walkway to the water.

<img alt="" data-entity-type="" data-entity-uuid="" height="674" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/st_clair_habitat_6.jpg" width="1200" />

Each building will rise eight levels from the ground, with a further two-levels of basement parking which will hav over 400 parking spaces.

“St Clair has a really elegant design and will capitalise on its prime waterfront location," Clark said.

"This prime waterfront development promises stunning ocean views and across Lake Kawana to the east as well as committed green space to the west."

There will be 13 apartments on each level, apartment from the ground floor which will have 12 and level eight which will have 10.

Some of the bigger penthouse-style apartments have over 50 sqm plus outdoor space, with a handful of courtyard apartments&nbsp;with over 90 sqm of gardens.

The ground floor homes the amenity, including a 25 metre swimming pool, communal dining room and a games and play lawn. The rooftop terrace will have seating and dining areas.

<img alt="" data-entity-type="" data-entity-uuid="" height="672" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/st_clair_habitat_4.jpg" width="1200" />

Habitat are hoping the project will start in mid to late 2022, and will be completed in Q1 2024, pending approval.

Habitat recently sold out&nbsp;their $83 million&nbsp;Maroochydore&nbsp;project Market Lane, and are set to launch another Maroochydore&nbsp;project, The Corso, next year.

Clark said his enthusiasm for the Sunshine Coast has been reinforced by the strong market interest in Habitat’s existing projects under construction which are all completely sold out.

“We’ve been building on the Sunshine Coast for the past 16 years and this is the most buoyant market I’ve ever seen," Clark said.

“Rental vacancy rates have been low on the Sunshine Coast for a number of years, but vacancy is incredibly tight and we’ve witnessed very strong rental growth in the last year. Apartments are renting for 20% more than they were 12 months ago in projects we’ve completed and continue to manage.

"St Clair provides us another project to commence alongside some of our other exciting projects we’re planning in 2022."

“We’ve been building on the Sunshine Coast for the past 16 years and this is the most buoyant market I’ve ever seen," Habitat boss Cleighton Clark said.

Habitat Development Group set for 200 apartment St Clair Apartments in Birtinya on the Sunshine Coast

Owner-occupiers seeking an apartment can now find it more easily than ever, with renowned developer Central Equity offering personalised online tours of their Southbank tower, FOCUS.

Online tours commence September 8th at the FOCUS Sale Event - with access to an exclusive offer to purchase with 5% deposit, no more to pay until settlement.

[smartcode_project:default project_id=3260 project_image_fid=62315]

There are 15 different apartment layouts which can be selected as part of the tour.

Another bonus for owner-occupiers looking to buy in the building is that they can save up to $51,000 in stamp duty on their brand new apartment.

[smartcode_project:default project_id=3260 project_image_fid=62317]

Investors haven&#39;t been left in the cold by Central Equity, who are offering a two-year rental guarantee to investors - available during the online Sale Event.

Investors can also save up to $27,000 in stamp duty savings as part of the government initiative.

Prices for one-bedroom apartments&nbsp;start from $499,000. Two-bedroom apartments start from $699,000&nbsp;and three-bedders are priced from $899,000.

FOCUS apartments have been designed with space in mind, with near three metre ceilings in the apartments, which have floor to ceilings windows to let in light and take in views of the city.

Resident amenity at FOCUS will include a luxury 17-seat theatre, a glass-roofed&nbsp;heated&nbsp;indoor swimming pool, and a gym with a sauna. There will be a communal lounge space, complete with a fireplace, kitchen and dining area which opens to an&nbsp;outdoor space with further dining and a barbecue.

Buyers can <a href="https://focusmelb.com.au/event?utm_source=urban&amp;utm_medium=portal&amp;utm_content=story">book a spot for a personalised tour of FOCUS</a>, which includes chatting with consultants, seeing the latest designs, floorplans, views and interiors, <a href="https://focusmelb.com.au/event?utm_source=urban&amp;utm_medium=portal&amp;utm_content=story">here</a>.

[smartcode_project_cta: project_id=3260]

Experience 15 different apartment layouts at Central Equity's Sale Event from September 8

Tour FOCUS, Southbank apartments without leaving your home

Apartment developers are getting wise to how important amenities are in developments, with residents expecting to spend more time at home than ever before.

Working from home seems to be here to stay, and the importance of having amenity such as a swimming pool and gym within the same community is an attractive proposition for the time-poor workers.

One of the biggest trends slowly coming through is the virtual golf simulator, allowing keen golfers or beginners to golf privately, inside, and in the same building they live.

Urban has picked out some of the best new apartment developments across Melbourne, currently on the market, which have a golf simulator.

<h2>Ivanhoe Gardens</h2>

Address:&nbsp;43 Linden Avenue, Ivanhoe VIC 3079

[smartcode_project:default project_id=22308 project_image_fid=75041]

Residents at Blue Earth Group&#39;s latest apartment development, Ivanhoe Gardens in Melbourne&#39;s north-east, have more than just virtual golf access with over 2,000 sqm of dedicated amenity space.

The development, built across two stages by leading builder Hamilton Marino to designs by CHT Architects, has 13 different entertainment zones.

Ivanhoe Gardens is situated just off Bell Street, Ivanhoe&rsquo;s main arterial road. It is near&nbsp;a significant employment hub, with Victoria&rsquo;s largest medical precinct and La Trobe University within a 4-kilometre radius.

<h2>Riverbank -&nbsp;Park House</h2>

Address:&nbsp;631 Victoria Street, Abbotsford VIC 3067

[smartcode_project:default project_id=4136 project_image_fid=166459]

The Salta Properties Abbotsford apartment development Riverbank,&nbsp;on the banks of the Yarra River immediately opposite Kew and Studley Parklands, has a golf simulator for its residents.

It&#39;s also located across the river from Yarra Bend Public&nbsp;Golf Course and Studley Park Par 3 Golf Course.

Riverbank is part of the recently completed Park House development, which has been popular with buyers who want to be close to the city.

The nine-level building was&nbsp;designed by SJB Architects and has been&nbsp;finished with interiors by renowned Sue Carr of Carr Design Group.&nbsp;

Prices start from $505,000 for one-bedroom apartments. Salta are currently offering buyers 50 per cent stamp duty savings until the end of September,&nbsp;after the VIC government stopped the first home buyer stamp duty initiative earlier in the year.

<h2>Australia 108</h2>

Address:&nbsp;70 Southbank Boulevard, Southbank

[smartcode_project:default project_id=582 project_image_fid=10405]

All Australia 108 residents have access to the 70th floor facilities inside the Star Club including vaunted virtual golf and even&nbsp;an infinity pool where it&rsquo;s possible to look down on an Australia Open match, as well as many more.&nbsp;The Star Club offers&nbsp;2,800 square metres of amenities.

Designed by Fender Katsalidis, it is the tallest residential building in the southern hemisphere and plays host to some of Melbourne&#39;s priciest sky-high penthouses.

The&nbsp;World Class Land development is located a three minute walk from the Crown Casino and entertainment complex, and a seven minute walk to Flinders Street Station.

Apartment developers are getting wise to how important amenities are in developments, with residents expecting to spend more time at home than ever before


jordan_55689

Golf at home: Melbourne's best new apartment developments with on-site golf simulators

Australia faces a social housing timebomb, with a looming shortfall of almost 200,000 homes by 2031 unless the Federal Government begins investing now.

A report released today by Compass Housing Services finds state governments have limited capacity to house the people on their respective waiting lists and no capacity to cater for future demand.

Report lead-author Professor David Adamson said despite good intentions the states had lost control of the issue and the problem was now too big for them to handle with 196,000 new social housing units needed by 2031.

“There are approximately 169,000 households on social housing waiting lists across Australia and under the current system most of them will never be allocated a property,” he said.

“Over the next decade the states and territories are planning to build just 66,000 social housing properties. Even if they hit their targets, they will have undershot the existing level of demand by 60%, or more than 100,000 homes.

“If you include the additional demand from population growth over the period in question the shortfall increases to more than 196,000 homes.”

Report co-author Martin Kennedy said the problems facing the social housing system were part of a broader housing crisis that had been building for 30 years.

“Home ownership rates have collapsed, the share of renters in housing stress is increasing and social housing waiting lists are out of control,” he said. “The Commonwealth insists social housing is a state responsibility, but that arrangement isn’t working.”

“If we keep expecting the states to fix a problem that is clearly beyond them, an increasing proportion of the population will experience socially damaging levels of inequality and financial hardship.

Everybody’s Home national spokesperson, Kate Colvin, said federal intervention was urgent.

“The federal-state blame game is arid and gets us nowhere. A ballooning number of Australians on low and middle incomes simply cannot compete for housing in the booming private sales and rental market.

“We need a breakthrough in co-operation quickly, otherwise Australia will confront a social catastrophe. State governments simply do not have the fiscal firepower to build enough social housing. Unless the Federal Government steps up, homelessness services and other health and welfare services will be overwhelmed.

The report calls on the Commonwealth to take the lead on a national partnership between all levels of government, community housing organisations, and the private sector.

"We have used a target rate of 6 per cent of dwellings as social housing. 

"This relates to the OECD average of 5.7 per cent but compares unfavourably with other OECD nations."

For example, the UK has a 17.5 per cent share, the Netherlands 32 per cent , Denmark 20 per cent and France 17 per cent.

It advised caution should be exercised with  international comparisons due to different cultural expectations, historical development of housing  policy and different definitions and data categories. 

The report calls on the Commonwealth to take the lead on a national partnership between all levels of government, community housing organisations, and the private sector

Federal Government needs to be investing in social housing: Compass Housing Services 

A Mont Albert North townhouse topped Melbourne&#39;s weekend online results selling at $1,324,500.

The price guide had been $1,100,000 to $1,210,000 by its McGrath listing agents.

The 2/37 Boondara Rd town residence came with four bedrooms and three bathrooms.

There was a double auto garage.

Melbourne apartment vendors secured an 22 percent success rate at weekend auction given a high withdrawal rate.

According to CoreLogic, there was an $626,000 median price for its apartments/townhouses.

There were 196 results, with some 112 results yet to be advised.

Melbourne houses saw a 38 percent success rate.

Nationally units had a 45 percent preliminary success rate, with an $852,500 median price, while houses had a 58 percent success rate an a $1.14m median.

It was set in the Koonung Secondary College zone

Mont Albert North townhouse tops Melbourne's weekend online results

A $2.895m apartment sale in Sydney&#39;s Birchgrove topped weekend auction results.

The three bedroom, two bathroom apartment sold through BresicWhitney.

The 17/26 Grove St offering was listed for online auction.

The 1970s apartment last sold in 2017 at $2.3m.

The 190 sqm apartment, with north-facing water views, came with a tandem-car garage and a single garage.

It also came with a fireplace.

Sydney apartment vendors secured an 80 percent success rate at weekend auction.

According to CoreLogic, there was an $1,180,000 median price for Sydney apartments/townhouses.

There were 397 national results, with some 160 results yet to be advised.

Houses saw a 58 percent success rate, and units had a 45 percent preliminary success rate, with an $852,500 median price.

The Birchgrove apartment sale topped weekend results

Birchgrove $2.895m apartment sale tops weekend results

A three bedroom, three bathroom Brisbane riverfront apartment was sold last week for $5 million through Adcock Prestige.

The 4/91 Moray St, New Farm sale was in Pietra, a Tom Dooley Developments building completed in 2011.

It first sold at $3.5m in 2010 to a family member.

It has city views and bridge views. It features a balcony with BBQ, back patio, and two-car carpark, plus storage.

Pietra comprises seven whole floor residences and one two-level riverhouse.

Tom Dooley Developments targeted the site because it enjoys outstanding views of the city and Story Bridge, which are spectacular at night.

It has been a rental over recent years at around $2300 a week.

The Pietra sale was the highest apartment in Queensland last week

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