Toorak's dress circle St Georges Road, home to some of the city's priciest homes, is set for a rare new apartment development.

Blood Diamond Group, an entity tied to Tina Brandi, wife of David Brandi who has been a prolific bidder on The Block over the years, has filed plans for an ultra-exclusive development across an amalgamated 3,662 sqm site at <a href="https://www.apartments.com.au/new-apartments/104-106-st-georges-road-toorak-vic-3142">104 and 106 St Georges Road</a>.

The proposal would replace two existing homes on the riverfront site with a five-level apartment building cascading down the steeply sloping land toward the Yarra River. Designed by Charles Wright Architects, the development has been carefully shaped around the site’s topography and river environs, with the upper levels stepping back to reduce visual bulk from both St Georges Road and the Yarra corridor.

Planning documents describe the proposal as “a site layout and building typology that is consistent with the emerging character of the area and which provides exceptional amenity for future residents without compromising that of neighbouring properties.”&nbsp;

<img alt="First look: Blood Diamond Group unveils riverfront apartment plans for Toorak Pavilion" data-entity-type="file" data-entity-uuid="ea19a17e-7528-4fa8-b727-05f2f7c025e5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Toorak%20pavilion%20a_0.png?VersionId=rZ2IjdoUL_UrRl1sZ4wZHnQXbYUaEmUQ" />

The scheme comprises 12 apartments, including 10 three-bedroom residences, one one-bedroom apartment, and a substantial split-level five-bedroom penthouse. A 624 sqm communal rooftop terrace will crown the building, while three undercroft levels embedded into the hillside will accommodate apartments and basement parking.

The design leverages the site’s dramatic northern outlook across the Yarra River, with living areas and balconies oriented toward the water. A central atrium running the full height of the building is intended to draw natural light deep into the residences and improve internal amenity.

Landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jack-merlo">Jack Merlo Design &amp; Landscape</a> will play a major role in softening the built form, particularly along the river edge where significant setbacks have been introduced. The proposal includes a minimum 30-metre setback from the Yarra River boundary, preserving a substantial landscaped buffer between the development and the waterway.

While a mature English Oak near the front of the site is proposed for removal, the plans retain a large English Elm closer to the riverfront, alongside other established vegetation in the lower section of the property.

<img alt="First look: Blood Diamond Group unveils riverfront apartment plans for Toorak Pavilion" data-entity-type="file" data-entity-uuid="ed3bf19b-5bc7-482f-bde7-41f709a13c3a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Toorak%20pavilion%20b.png?VersionId=SG_kBGu4rOaSPY8FtVcmPJfSCrstuOfg" />

Architecturally, the building adopts strong horizontal forms with expansive glazing and curved balcony edges facing the river. Planning documents note the upper levels “adopt a receding form” to ensure the building responds appropriately to the Yarra River environs overlay controls.&nbsp;

The surrounding streetscape is characterised by large contemporary homes embedded into the hillside, many presenting as modest one or two-storey forms to the street before expanding toward the river frontage below. The planning report notes this established pattern heavily influenced the massing strategy for Toorak Pavilion.&nbsp;

Until the recent sale of the landmark Clendon Road mansion Coonac for around $130 million, St Georges Road held the state's most expensive home, the $80,000,088 derelict "Ghost House" mansion that was bought by crypto king Ed Craven.&nbsp;

Blair House, also on St Georges Road, sold for $74.5 million in 2022.

Joel Robinson

First look: Toorak Pavilions slated for dress circle St Georges Road

Six months after a development site on Kangaroo Point’s Shafston Avenue sold for $6.55 million, plans have been lodged for a 23-storey apartment tower.

A company named JMT Mega Capital, understood to be interstate investors when the 1,222 sqm double block traded late last year through Patona Property, is proposing an 84-apartment development in place of the existing low-rise buildings.

The slender tower at <a href="https://www.apartments.com.au/new-apartments/212-220-shafston-avenue-east-brisbane-qld-4169">212–220 Shafston Avenue</a>, overlooking the Brisbane River, has been designed by <a href="https://www.apartments.com.au/architects/aplus-design-group">Aplus Design Group</a>. It will comprise a mix of one-, two- and three-bedroom apartments above six basement levels, topped by rooftop resident amenities.

<img alt="First look: 23-storey Kangaroo Point tower planned for Shafston Avenue riverfront precinct" data-entity-type="file" data-entity-uuid="7e17ba9e-553e-42ef-92b6-22081671521a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium_3.png?VersionId=hlVUf99vrOjUs.vhQs0qV0DhOncUy9T8" />

The development has been designed as a vertically articulated tower with recessed balconies, curved façades and planted edges intended to soften its scale within the evolving Shafston Avenue skyline. In the submitted Urban Design Report, Aplus Design Group said the tower had been “shaped with a slender vertical expression, articulated façades, recessed balcony zones, integrated planting and a clearly defined podium relationship, helping to reduce perceived bulk and create a more elegant contribution to the Shafston Avenue streetscape and broader Kangaroo Point skyline.”

The scheme comprises 84 apartments, including 25 one-bedroom units, 34 two-bedroom apartments and 25 three-bedroom residences. A total of 104 car spaces are proposed across six basement levels, including resident, visitor and accessible parking.

Residents will have access to rooftop communal open space and shared amenities, while the development also incorporates deep planting zones and subtropical landscaping throughout the podium and tower levels. The project includes 35 per cent communal space coverage across the site and a 17.5 per cent deep soil zone allocation to support urban greening outcomes.

The application exceeds the mapped building height under the Kangaroo Point Peninsula Neighbourhood Plan and is being assessed under Brisbane City Council’s impact assessment pathway. The design team argues the additional height is supported by the site’s strategic inner-city location, existing high-density zoning, and proximity to transport and employment hubs.

“The design has been developed to make better use of a well-serviced urban site within an established high-density residential setting, while improving the street presentation and overall quality of the public realm interface,” the report states.

<img alt="First look: 23-storey Kangaroo Point tower planned for Shafston Avenue riverfront precinct" data-entity-type="file" data-entity-uuid="1ab44b1e-ff45-4bf3-8da8-8aa0cd79db33" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_10.png?VersionId=tSxeGekZOqj1e9g3PEn_yFoC3taKDp3U" />

The proposal adds to a growing pipeline of apartment developments reshaping Kangaroo Point ahead of the 2032 Brisbane Olympic Games, with demand continuing to strengthen for new housing supply in well-connected inner-city precincts.

Mosaic has nearly sold out its under-construction <a href="https://www.apartments.com.au/new-apartments/the-bedford-by-mosaic-16-30-prospect-street-kangaroo-point-qld-4169">The Bedford by Mosaic</a>&nbsp;and <a href="https://www.apartments.com.au/new-apartments/the-carter-by-mosaic-77-linton-street-kangaroo-point-qld-4169">The Carter</a>,&nbsp;while Pikos recently completed <a href="https://www.apartments.com.au/buildings/skye-residences-by-pikos-kangaroo-point-8-river-terrace-kangaroo-point-qld-4169">Skye Residences</a> nearby. Pikos is also delivering <a href="https://www.apartments.com.au/new-apartments/gaia-kangaroo-point-108-lambert-street-kangaroo-point-qld-4169">Gaia</a>, over 230 three- and four-bedroom apartments on Lambert Street.

First look: 23-storey Kangaroo Point apartment tower planned for Shafston Avenue riverfront precinct

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.

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

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?

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The need for a work or study area has been the most important desire of homebuyers since the pandemic.

"More flexible working arrangements have driven the change in preferences, with commute times becoming less of a factor," NAB Executive, Home Ownership, Andy Kerr says.

It follows NAB research, which surveyed 330 property professionals, including investors, real estate agents, &amp; developers.

It revealed around nine in 10 (86%) see a study or work area as more important now to homebuyers than it was pre-pandemic.

Other factors to hold greater value include good local shopping, restaurants and amenities (75%), the size of the property (65%), buying a house over an apartment (63%) and access to good public transport (51%).

[smartcode_project:default project_id=6201]

“Lockdowns have reshaped how we live and with many at home for longer periods, the desire for a little more space has grown,” Mr Kerr said.

“This may mean a larger living room for the kids to play, a dedicated study to separate work from home life or a bigger backyard for the new puppy to run around.”

The factor that has shown the greatest decline in importance is the need to be in a metro area, with 57 per cent saying this is now less important. 

Victorians are seen most willing to move away from metro areas on the back of Melbourne’s longer lockdown.

In a similar vein, consideration of a move to regional areas is swelling, with 85 per cent listing this as a more important factor.

Buyers in NSW, home to Australia’s most expensive capital, are seen to be keenest to consider a regional move. 

This shows up in price data as regional NSW outpaces all other regions.

“The idea of a sea change or tree change is exciting to many Australians and a large number of customers have made the move in recent months as hybrid working models become more common,” Mr Kerr said.

“Our data shows more than one in 10 Australians expect to buy a home this year, and more and more will be looking further out than we have seen historically.”
</body></html>

New NAB data details the factors that have become more important to Australian homebuyers since the pandemic.

jchancellor

Work space has been the biggest desire on the homebuyer list since pandemic: NAB

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One of Australia's premier municipalities, the City of Stonnington comprises Melbourne's inner-south-eastern suburbs. 

Known for its leafy streets and good schools, the region also has beautiful new properties entering the market for luxury buyers. 

Stonnington suburbs have a long history of outperforming the average capital growth in Melbourne, according to Michael Yardney.

Urban takes a look at three luxury properties with three-bedrooms for families, downsizers and investors.

1. Hurstmon, Malvern East 
Address: 3 Hurstmon Street, Malvern East VIC 3145 
Three-bedroom apartments from $1,599,500

[smartcode_project:default project_id=4807]

Delivered by Landream, Hurstmon boasts 39 residences in two and three-bedroom configurations in Malvern East.

The development, designed by Telha Clarke, delivers a restrained design to transition between the commercial building and two-storey brick homes that border it.

Each residence includes double-glazing, ducted heating and a butler’s pantry, with floorplans responsive to changes and requests from homebuyers.

Handcrafted lighting by Richmond-based studio Articolo also features in the project’s foyer.

2. 661 Chapel Street, South Yarra 
Address: 661 Chapel Street, South Yarra VIC 3141 
Three-bedroom apartments from $1,841,000

[smartcode_project:default project_id=600]

Located just three-kilometres south-east of the Melbourne CBD, 661 <a href="/buildings/661-chapel-street-661-chapel-street-south-yarra">Chapel Street</a> provides investors with great opportunities to capitalise on high-income professionals who are renting in Melbourne.

Among its 116 one, two, three and four-bedroom apartments, the development features extensive hotel-inspired resident amenity.

A four-level private lobby, 25-metre pool, grand library and winter garden are among the numerous features available to residents.

The project is delivered by Gamuda Land and designed by local architecture firm Bird de le Coeur.

3. 107 Darling Street, Malvern East 
Address: 107 Darling Street, Malvern East VIC 3145 
Three-bedroom townhomes from $1,750,000

[smartcode_project:default project_id=29921]

107 Darling Street is a boutique development of just nine three-bedroom townhomes in Melbourne’s Malvern East.

The homes feature lofty ceilings, full-height glass doors and open-plan kitchens.

Inspired by Malvern’s verdant streetscape, the contemporary homes feature plenty of outdoor space, including terraces, balconies and courtyards, perfect for entertaining.
</body></html>

One of Australia's premier municipalities, Stonnington has beautiful new properties entering the market for luxury buyers

max.kwok_55688

Three luxury three-bedroom residences on the market in Melbourne’s Stonnington 

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The Melbourne Cup-winning jockey Mick Dittman has committed to buying an apartment in the $2.3bn Imperial Square development in Southport. 

Dittman made the decision after being asked to become an ambassador for the mixed-used project.

The project includes the southern hemisphere’s tallest tower, and a 45-storey “twister” tower.

[smartcode_project:default project_id=29350]

It has been popular with locals who have made up 50 per cent of sales in the development's first stage.

The $155 million Regal Residences has secured $34 million in sales, with the developer, Azurra Investments, securing 53 sales of the 145 apartments by last month, and now sees commitments to more than half.

Azzurra is headed by Robert Badalotti.

Architect Kris Kowalski has worked on the project for five years.

The Gold Coast Bulletin reported in January that the developer, Azzura Investments, was set to fast-track construction commencement before June.

Sales director Jason Paris indicated buyers who work in the Health and Knowledge precinct at Griffith University and the Gold Coast Hospital see the opportunity to buy with work and lifestyle options.

Paris said apartments are selling for an average of $6000 a square metre, with prices for a one-bedroom apartment starting at $359,000, rising to $745,000 for three bedrooms.

The projects shared amenities include a rooftop pool terrace, a sauna, spa, steam room, gym, a barbecue terrace, dining area and executive lounge.

<a href="/new-apartments/regal-residences-imperial-square-59-73-meron-street-southport" target="_blank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/imperial_square_tall.jpg" style="width: 950px; height: 1692px;"></a>

Imperial Square is located on a 1.34ha site bounded by Ferry Road, Meron Street and Gillian Lane.

It will have three landmark towers on completion, including the 108-storey Imperial Tower and the 54-level Monarch Place.

In 2018 Dittman sold his purpose-built horse stable complex on the Gold Coast for $2.5 million.

The 3001-square-metre Racecourse Drive, Bundall facility was part-owned by Dittman, who was listed in the Australian Racing Hall of Fame in 2002.
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Queenslander Mick Dittman has committed to buying an apartment in the southern hemisphere’s tallest tower project

Jockey legend Mick Dittman secures off the plan apartment in Southport's Imperial Square 

Auburn Square is the latest development from Tian An in Sydney&rsquo;s west, receiving development approval for six mixed-use buildings.

Comprising a total 427 residences in one, two and three-bedroom configurations, the apartments will include nine retail and commercial suites as well as numerous amenities.

[smartcode_project:default project_id=7317]

Designed by acclaimed architects Rothelowman, each apartment has been designed for day-to-day liveability with high-end finishes and premium inclusions.

Auburn Square apartments feature open concept living and dining areas, offering an overall sense of space.

<a href="/buildings/auburn-square-26-36-northumberland-road-auburn"><img alt="" height="2059" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/auburn-square-26-36-northumberland-road-auburn-fc1da8c6dd1b19c37a402bb0fddd771f.jpg" width="3500" /></a>

The design focus was on increasing natural light through apartment orientation, tiled flooring and deep balconies.

&ldquo;Large format floor tiling in neutral colours provides a seamless transition from the kitchen through to the living area and out onto the balcony or terrace&rdquo;, the project marketing reads.

The project&rsquo;s landscape design has been developed as an integral part of the project.

Designed by Ground Ink, 2,000 sqm of green space will be featured to provide common areas between buildings and a high level of amenity for occupants and local residents.

<a href="/buildings/auburn-square-26-36-northumberland-road-auburn"><img alt="" height="2059" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/auburn-square-26-36-northumberland-road-auburn-f346b84fc7a9a0425ab7ab67f5997758_0.jpg" width="3500" /></a>

Homebuyers will also rejoice at communal spaces on the first-floor podium and on the rooftop terrace.

Communal dining areas, custom-built bench seating, planter beds, barbeque facilities, an outdoor cinema and exercise equipment will feature across the two resident areas. 
&nbsp;

<h2>Finishes</h2>

Residents at Auburn Square can select between two colour schemes for either a predominantly light or contrasting finish which carries into the bathrooms, cabinetry and flooring.

These colour schemes will run through the whole apartment, according to the project marketing, &ldquo;including a stylish feature wall that sets the tone for your living, dining, and kitchen spaces.&rdquo;

You can view the finishes below

Light Scheme

<img alt="" height="212" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-04-15_at_6.14.04_pm.png" width="838" />

Contrasting&nbsp;Scheme

<img alt="" height="212" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-04-15_at_6.14.17_pm.png" width="838" />

1. Kitchen benchtop and splashback 
2. Kitchen joinery &ndash; feature shelf 
3. Kitchen joinery &ndash; island bench 
4. Kitchen/ bathroom joinery 
5. Floor tile 
6. Bathroom wall tiles 
7. Bathroom feature tiles 
8. Bedroom carpet

Designed by acclaimed architects Rothelowman, each apartment has been designed for day-to-day liveability with high-end finishes and premium inclusions.



The design features we love about the Auburn Square homes

New South Wales investors have been on red alert since the launch of Miles Residences on the Gold Coast&#39;s Kirra Beach late last year.

Miles Residences, the apartment component of the luxury $180 million redevelopment of the Kirra Beach Hotel, are offering investors strong yields in one of the most sought-after locations in the country at the moment, with many forecasting the demand to continue for years to come.

The development of 118 apartments, which will sit above the new pub pavilion, is being developed by the Peggy Flannery-led KTQ Group, who are behind the award-winning Elements of Byron.

The affordable entry point has Sydneysiders considering an investment bolthole intrastate, with the option of taking a holiday or moving to the area permanently upon retirement.

[smartcode_project:default project_id=27575]

KTQ have calculated solid net rental yields for investors based on a 75 per cent occupancy rate, which doesn&#39;t account for higher demand and peak rates over summer, school holidays and in particular Christmas.

The Real Estate Institute of Queensland predicts the relaxation of border restrictions will make it even harder to find a rental property on the Gold Coast. In November, the vacancy rate was 1.6 percent. Vacancy rates are predicted to remain as tight in 2021.

And Mark Smith from PRDnationwide Burleigh Heads, reckons the Gold Coast is very attractive, especially for investors.

&quot;Even with our market gaining and theirs falling, we still have a long way to go before we reach the level of unaffordability experienced in Sydney and Melbourne.&rdquo;

<h2>Sea Apartments</h2>

The Sea Apartment collection of Miles Residences, facing the beach, start from $545,000, considerably below Sydney&#39;s median apartment price of $755,360.

The one bedroom Sea Apartment, with an occupancy rate of just under 75 per cent for a calendar year, will offer investor owners a return of 6.7 per cent.

Based on an average daily rate of $220, the 82 sqm apartment will yield $1,157 a week and over $60,000 a year.

<a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta"><img alt="" height="896" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/miles_kirra_views_1.jpg" width="1200" /></a>

After the property management fees such as body corp, letting management fees and council rates, investors are likely to secure a net return of five per cent, just under $30,000.

There&#39;s the same net return on offer for a two bedroom Sea Apartment, which would warrant a $275 daily rate, $1,447 a week and over $75,000 a year.

With the same occupancy rate of 75 per cent, an investor would see a net return of over $39,000, a five per cent net return.&nbsp;

The two bedroom Sea apartments, with an internal area of 91 sqm and 33 sqm external, are priced from $795,000.

<h2>Stone Apartments</h2>

The larger Stone Apartments are forecast to see a net return of four per cent if a 75 per cent occupancy is achieved.

The two bedroom apartments with multi-purpose room, priced from $1.13 million, are set to command an average daily rate of $330, which would mean $1,736 a week and over $90,000 a year.

<a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta"><img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kirra_point_miles_residences_pool_1.jpg" width="1600" /></a>

The apartments, spanning 106 sqm of internal living space and 18 sqm external area, would see a net return after fees of $50,665 per annum.

The three bedroom stone apartments with 132 sqm of internal area and 28 sqm of balconies could see investors pocket over $61,000 in net income.

Those apartments are forecast to fetch $385 a day, over $2,000 a week or $105,366 a year.

To find out more, <a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta">click here</a>.

&nbsp;

The development of 118 apartments is being developed by the KTQ Group, who are behind the award-winning Elements of Byron.



Why New South Wales investors are eyeing Kirra’s Miles Residences

The local&nbsp;Gold Coast developer Sherpa Property Group are the latest to benefit from the continued Gold Coast apartment boom.

They&#39;ve secured a sell-out at their $35 million Palm Beach apartment development Perspective 488 within just three months of its early 2021 launch.

Buyers snapped up the seven full floor apartments, which sold for more than $3 million each, as well as the beach homes which fetched between $4.1 million and $4.5 million.

Named after its location at 488 The Esplanade, Perspective 488 was popular among local buyers looking to upgrade. Only one interstate buyer managed to grab a key.

<a href="/buildings/perspective-488"><img alt="" height="1131" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/perspective_beach_houses.jpg" width="1600" /></a>

Sherpa, led by former real estate agent Christie Leet, are now plotting a sister development on an adjacent site at Twenty Seventh Avenue, with plans expected to be released later this month.

&ldquo;We&rsquo;ve been blown away by the response to Perspective 488, which is encouraging as we prepare for our newest development,&rdquo; Leet said.

&ldquo;From the outset we took an innovative approach to the Perspective 488 site to ensure it blended perfectly with the laid-back lifestyle Palm Beach is known for. It&rsquo;s especially rewarding for the Sherpa team to know that our vision has been so warmly received by our buyers and in particular by locals.&rdquo;

About the developer

Christie Leet, formerly principal of PRD Whitsundays, is a property industry veteran, with an eye for lifestyle buyers. He timed his entry to the Gold Coast market perfectly three years ago by acquiring prime development sites at Palm Beach to Cabarita.

&ldquo;It was evident to me at the time that local buyers had an appetite for a unique style of development that combined a bespoke design with an unparalleled location &ndash; a recipe that defines the ultimate in coastal living,&rdquo; said Mr Leet.

&ldquo;We&rsquo;re pleased with the success of Perspective 488 and look forward to bringing another unique offering in this pocket of paradise.&rdquo;

Sherpa has an extensive history of successful developments in the Whitsundays and Funnel Bay apartment and land sub-division.

<h2>Other developments for sale on the Gold Coast</h2>

Shoreline, Surfers Paradise

[smartcode_project:default project_id=22057]

Shoreline is the latest Surfers Paradise tower to be created by Marquee Development Partners.

The boutique 27 apartment development across 17 levels offers residents a luxury unseen in the between Surfers Paradise and Broadbeach for a number of years.

Miles Residences, Kirra Beach

[smartcode_project:default project_id=27575]

The Miles Residences Kirra Point will be one of Kirra Point&#39;s most impressive towers when it&#39;s completed in 2023.

The development of 118 apartments is part of the redevelopment of the&nbsp;Kirra Beach&nbsp;Hotel. The brains behind the operation is the family-ran KTQ Group, led by Peggy Flannery, who are behind the award-winning Elements of Byron Bay.

Sherpa, led by former real estate agent Christie Leet, are now plotting a sister development on an adjacent site at Twenty Seventh Avenue

Sherpa sell out Palm Beach residential development Perspective 488 in three months

<html><body>The extension of updated NSW’s short-term letting rules has been delayed.

The rules were proposed by Planning and Public Spaces Minister Rob Stokes to start from July.

They involved the extension of the 180-nights-a-year cap for unattended holiday lettings from within the greater Sydney area into regional and holiday hotspots.

The 180-day cap dated back to 2018, when the NSW government announced it would cap the use of Airbnb/Stayz-style lettings to control rental affordability and to give respite to neighbours from party homes.

The rule has applied only applied to greater Sydney, with regional councils initially set to impose their own caps.

The extension proposed in locations such as Newcastle, Bega, Dubbo and Ballina would see absentee landlords be allowed to rent out their homes for only up to 180 nights a year. 

The Byron Shire would face the restriction from 31 January 2022.

The rules will allow people living in an apartment or house to rent out a part of their home for 365 days a year.

After suggesting the new rules were “simple”, Stokes has announced that “in the interest of conciliation, and to give the policy the best chance to succeed, we’re happy to extend the date for implementation to November 1.” 

Stayz corporate affairs director Eacham Curry noted the NSW tourism industry was only starting to bounce back after a months dominated by COVID-19 and bushfires.

“The expansion of night caps to further regions is a blow to the tourist economy, and the NSW government should rethink their approach in the face of an uncertain outlook for tourism,” Curry said.

But Stokes said the industry should have been prepared for the implementation of the new rules.

“I maintain that the introduction of the policy should not come as a surprise, as we have been working with industry and councils on short-term rental accommodation since 2017.”</body></html>

The extension of short term rental limits in NSW has been delayed by three months to November 1.

NSW delays extension of short term accomodation rules into the regions

<html><body>
A South Yarra triplex has been listed for sale in one line.

The Marne Street comes with a $11.5 million to $12.5 million price guide.

It is for sale through Kay &amp; Burton agent Peter Kudelka who said it was a rare chance to secure a whole block of apartments in the heart of the Botanic Gardens precinct.

Offers are due 12 May.

The marketing seeks buyers who will either iInvest or re-develop.

Its land size is 885 sqm.

Apartment three, a rear one bedroom garden apartment, was up for rent at $350 a week last June.

Apartment one was last advertised in 2012 at $1500 a week.

[smartcode_project:default project_id=600]

South Yarra has a $620,000 median price for units that rent for $410 PW with a rental yield of 3.4%. 

Based on five years of sales, South Yarra has seen a compound growth rate of 0.7% for units, according to realestate.com.au.
</body></html>

The Marne Street, South Yarra block comes with a $11.5 million to $12.5 million price guide

South Yarra triplex listed with $12.5 million hopes

Demand for apartments&nbsp;is not letting up on the Sunshine Coast.

Cube Developments, led by veteran developer Scott Juniper, have secured a sell out of their $27 million apartment&nbsp;project One Prosperity in the small waterfront suburb of Birtinya, and are soon to sell all of the apartments in their boutique Mooloolaba project Picasso.

Picasso saw high demand from investors from Sydney and Melbourne, and Juniper says the trend, which he&#39;s seen across the whole of the portfolio,&nbsp;isn&#39;t slowing down.

[smartcode_project:default project_id=29372]

&quot;The demand on the Sunshine Coast has been exceptional,&quot; Juniper says.

&quot;We had a much higher increase in both investor demand and owner occupier demand from Melbourne and Sydney,&quot; Juniper says, adding that there are still high number of owner-occupiers moving from the southern states to the Sunshine Coast.

&quot;People are still not tied to the city, there&#39;s been no change to that&quot;, Juniper says.

<img alt="" height="770" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cube_2.jpg" width="2228" /> 
Cube&#39;s sell-out One Prosperity development. Image supplied 
 
Investors are still keen from Sydney and Melbourne, with the vacancy rate holding firm at record lows of around 0.5 per cent.

Cube&#39;s latest offering is Seasons by Cube, which Juniper says is a much more budget conscious apartment development in Birtinya.

The majority of stock in the development of 146 apartments is under $600,000, with it focused on bringing an affordable product to the market.

<img alt="" height="884" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/seasons_by_cube.jpg" width="1486" /> 
Seasons by Cube, designed by Cottee Parker. Image supplied

Prices start from $495,000.

Cube only have a handful of apartments left at another one of their Birtinya developments, Curve, which is set for completion in July.

&quot;There are quite a few people in the market looking to move immediately, reflected by the area&#39;s very low vacancy rate&quot;, Juniper suggests, adding that that gives Curve an advantage in the current market that the product will be available to move in in just a few months.

Cube have their&nbsp;premium product,&nbsp;Nature at Cotton Tree in Maroochydore, overlooking&nbsp;Rotary Park and the Maroochy River.

Juniper told Cottee Parker Architects to deliver&nbsp;the best the Sunshine Coast has ever seen.&nbsp;

<a href="/buildings/nature-by-cube-maroochydore"><img alt="" height="700" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/nature_juniper.jpg" width="733" /></a> 
The luxury Nature development. Image supplied

&quot;Nature allowed me to do some things you couldn&#39;t do in other developments&quot;, Juniper says of the boutique 13 apartment development. The ground floor is dedicated tp communal space and facilities&nbsp;including a 25-metre lap pool, gym, steam room and sauna and&nbsp;yoga studio, as well as barbecue areas and a private dining area.

Cube are also in the planning stages of one of their best projects to date in Alexandra Headland.

Cube's latest offering is Seasons by Cube, which Juniper says is a much more budget conscious apartment development in Birtinya



Sunshine Coast apartment demand continues as Cube sell-out one development, launch another

Queer visibility in the workplace remains just as necessary as it was ten years ago to normalise LGBTQI+ leaders as corporate role models that young people can look up to.&nbsp;

Only 21 per cent of LGBTQI+ leaders are &lsquo;out&rsquo; to the whole of their organisation, according to global data from <a href="https://www.accenture.com/us-en/blogs/accenture-research/the-surprising-reasons-most-lgbt-people-are-not-out-at-work" target="_blank">Accenture Research</a>.

But visible &lsquo;out and proud&rsquo; leaders provide a path for others to follow, with over 70 per cent of queer professionals claiming that these role models help&nbsp;them to thrive.&nbsp;

Broader conversations about equality and representation have been a catalyst for more inclusive practices in the workplace. However, the property industry is indeed lagging behind.&nbsp;

&ldquo;Unless LGBTQI+ people see people like them having successful careers in property and construction they&rsquo;ll look elsewhere,&rdquo; said Lendlease special projects executive Aaron Spicer.

Urban sits down with four change-makers transforming the face of the property industry to discuss the importance of queer visibility, the targets currently in place and what&rsquo;s next for the property industry. 
&nbsp;

<h2>Who are they?</h2>

<hr />
&nbsp;

<figure class="align-right "><img alt="" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/untitled_design.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=237&amp;fit=clip" srcset="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/untitled_design.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=600&amp;h=970&amp;fit=crop&amp;dpr=1 600w, https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/untitled_design.jpg?ixlib=rb-1.1.0&amp;q=30&amp;auto=format&amp;w=600&amp;h=970&amp;fit=crop&amp;dpr=2 1200w, https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/untitled_design.jpg?ixlib=rb-1.1.0&amp;q=15&amp;auto=format&amp;w=600&amp;h=970&amp;fit=crop&amp;dpr=3 1800w, https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/untitled_design.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;h=1218&amp;fit=crop&amp;dpr=1 754w, https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/untitled_design.jpg?ixlib=rb-1.1.0&amp;q=30&amp;auto=format&amp;w=754&amp;h=1218&amp;fit=crop&amp;dpr=2 1508w, https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/untitled_design.jpg?ixlib=rb-1.1.0&amp;q=15&amp;auto=format&amp;w=754&amp;h=1218&amp;fit=crop&amp;dpr=3 2262w" />
<figcaption>Michael Vavakis</figcaption>
</figure>

Michael Vavakis, Chief Operating Officer &ndash; Europe, Lendlease: Michael has worked in Human Resources roles for over 25 years at Hewlett-Packard and Lendlease. Formerly the Lendlease Australia CPO, Michael played pivotal roles in implementing initiatives to build a true culture of inclusiveness, where diverse employees are not only represented but truly engaged and integrated into their workplace. These include the Property Male Champions of Change collaboration.

&nbsp;

<hr />
&nbsp;

<figure class="align-left "><img alt="" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/3_copy.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=237&amp;fit=clip" srcset="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/3_copy.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=600&amp;h=970&amp;fit=crop&amp;dpr=1 600w, https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/3_copy.jpg?ixlib=rb-1.1.0&amp;q=30&amp;auto=format&amp;w=600&amp;h=970&amp;fit=crop&amp;dpr=2 1200w, https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/3_copy.jpg?ixlib=rb-1.1.0&amp;q=15&amp;auto=format&amp;w=600&amp;h=970&amp;fit=crop&amp;dpr=3 1800w, https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/3_copy.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;h=1218&amp;fit=crop&amp;dpr=1 754w, https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/3_copy.jpg?ixlib=rb-1.1.0&amp;q=30&amp;auto=format&amp;w=754&amp;h=1218&amp;fit=crop&amp;dpr=2 1508w, https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/3_copy.jpg?ixlib=rb-1.1.0&amp;q=15&amp;auto=format&amp;w=754&amp;h=1218&amp;fit=crop&amp;dpr=3 2262w" />
<figcaption>Meg Patten</figcaption>
</figure>

Meg Patten, Marketing Manager, Riverlee | Co-Founder, Queers in Property: Current Chairperson and Co-Founder of Queers in Property, an independent network connecting LGBTIQ+ people in the property industry, Meg has sought to foster safe spaces and empower the community. They also sit on the Property Council of Australia&rsquo;s diversity and inclusion committee.&nbsp;

&nbsp;

<hr />
&nbsp;

<figure class="align-right "><img alt="" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/2_copy.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=237&amp;fit=clip" srcset="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/2_copy.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=600&amp;h=970&amp;fit=crop&amp;dpr=1 600w, https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/2_copy.jpg?ixlib=rb-1.1.0&amp;q=30&amp;auto=format&amp;w=600&amp;h=970&amp;fit=crop&amp;dpr=2 1200w, https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/2_copy.jpg?ixlib=rb-1.1.0&amp;q=15&amp;auto=format&amp;w=600&amp;h=970&amp;fit=crop&amp;dpr=3 1800w, https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/2_copy.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;h=1218&amp;fit=crop&amp;dpr=1 754w, https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/2_copy.jpg?ixlib=rb-1.1.0&amp;q=30&amp;auto=format&amp;w=754&amp;h=1218&amp;fit=crop&amp;dpr=2 1508w, https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/2_copy.jpg?ixlib=rb-1.1.0&amp;q=15&amp;auto=format&amp;w=754&amp;h=1218&amp;fit=crop&amp;dpr=3 2262w" />
<figcaption>Aaron Spicer</figcaption>
</figure>

Aaron Spicer, Special Projects Executive, Lendlease: Aaron has been very involved in progressing LGBTQ+ inclusion at Lendlease and more broadly in the property sector over the last few years. Aaron is the present Chair of the Lendlease Pride Network, where he has driven numerous strategies that helped the company to be recognised in the Australian Workplace Equality Index (AWEI) Awards. Lendlease was named a Platinum Employer at the 2020 Australian LGBTQ Inclusion Awards.

&nbsp;

<hr />
&nbsp;

<figure class="align-left "><img alt="" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/1_copy.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=237&amp;fit=clip" srcset="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/1_copy.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=600&amp;h=970&amp;fit=crop&amp;dpr=1 600w, https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/1_copy.jpg?ixlib=rb-1.1.0&amp;q=30&amp;auto=format&amp;w=600&amp;h=970&amp;fit=crop&amp;dpr=2 1200w, https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/1_copy.jpg?ixlib=rb-1.1.0&amp;q=15&amp;auto=format&amp;w=600&amp;h=970&amp;fit=crop&amp;dpr=3 1800w, https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/1_copy.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;h=1218&amp;fit=crop&amp;dpr=1 754w, https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/1_copy.jpg?ixlib=rb-1.1.0&amp;q=30&amp;auto=format&amp;w=754&amp;h=1218&amp;fit=crop&amp;dpr=2 1508w, https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/1_copy.jpg?ixlib=rb-1.1.0&amp;q=15&amp;auto=format&amp;w=754&amp;h=1218&amp;fit=crop&amp;dpr=3 2262w" />
<figcaption>Marcus Skeggs</figcaption>
</figure>

Marcus Skeggs, Account Manager, DisplaySweet | Board Member, Queers in Property: Marcus is a committee member on the Diversity and Inclusion Committee for the Urban Development Institute of Australia (UDIA) NSW, and is the Chair of their subcommittee for diversity, inclusion, and leadership. Marcus also sits on the Queers in Property board, alongside Meg.

&nbsp;

<hr />
&nbsp;

<h2>Why visibility makes all the difference</h2>

Young queer people want to know they can be themselves at work and that being LGBTQI+ will not hold back their careers.

According to a <a href="https://offers.indeed.com/AU_en_081820_DIReport_CON-EBOOK_CM" target="_blank">2020 report by Indeed</a>, 61 per cent of LGBTQI+ Australian workers say they either some or all of the time feel the need to hide their sexual orientation at work.

For over half of all LGBTQI+ employees to hide this part of their identity points to an underlying fear of stigmatisation &ndash; that perhaps there is a price to pay for being openly queer. Many workers hold a&nbsp;<a href="https://everfi.com/blog/workplace-training/lgbt-workplace-issues-hide-their-identity/" target="_blank">persistent feeling of being unwelcome</a>, while others remain &#39;closeted&#39; due to&nbsp;<a href="https://theconversation.com/coming-out-at-work-is-not-a-one-off-event-101118" target="_blank">legitimate career risks</a>, including fewer job opportunities and fears of discrimination.

This is why visibility plays such an important role in breaking down these fears and stigmas, allowing employees to feel more comfortable to bring their whole self to their workplace.&nbsp;

<img alt="" height="3648" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/shutterstock_1177679803.jpg" width="5472" />

As for Riverlee&rsquo;s marketing manager Meg Patten, seeing others gave them the courage to be an &ldquo;out and proud, non-binary lesbian in the workplace.&rdquo;

&ldquo;Visibility has the power to inspire and cultivate change within the property industry which is known to be male-dominated and heteronormative&rdquo;, they said.&nbsp;

<blockquote>
&ldquo;There is nothing more empowering than seeing another LGBTQI+ person letting their individuality shine.&rdquo;
</blockquote>

DisplaySweet&rsquo;s Marcus Skeggs echoed this sentiment, &ldquo;Visibility equals empowerment,&rdquo; he said.&nbsp;

Feeling hopeful that the industry has moved beyond &ldquo;having a conversation&rdquo;, Skeggs has started to see real change and action, including support for Sydney Gay and Lesbian Mardi Gras from development groups by gong rainbow for the festival,&nbsp;and diversity and inclusion training for workplaces.&nbsp;

&ldquo;I would like to see this happen more often and workplaces start to celebrate significant days for the LGBTQIA+ community, like Wear it Purple Day for example where we celebrate our rainbow youth.&rdquo;&nbsp;

&ldquo;It&rsquo;s important we keep the momentum going&rdquo;, he concluded.&nbsp;

[smartcode_project:default project_id=27728]

With industry initiatives like Pride in Diversity, <a href="http://www.interbuild.online" target="_blank">InterBuild</a> and <a href="https://queersinproperty.com.au/" target="_blank">Queers in Property</a>, it is likely we will continue seeing this push for action.

Executives who embrace these initiatives can become more successful leaders and boost the empathy, efficiency, and productivity of their organisations. 
&nbsp;

<h2>The blue-collar identity gap</h2>

While &ldquo;good progress&rdquo; is being made in corporate office roles, more work needs to be done on site-based roles, Spicer said.

Within the construction industry, homophobia was more present than on average, reported <a href="https://www.pwc.com.au/publications/pdf/pwc-workplace-inclusion-report-sep17.pdf" target="_blank">PwC&rsquo;s GLEE team</a>.

<blockquote>
75 per cent of respondents indicated&nbsp;they had observed homophobia, compared to 56 per cent in other sectors.&nbsp;
</blockquote>

&ldquo;The initial focus has been on corporate [and] white-collar environments and much more needs to be done here, but we also need to consider regional, site and blue-collar workforces.&rdquo;&nbsp;

&ldquo;Given the subcontract nature of those environments we can only create truly inclusive workplaces if the industry works together to achieve a base level of expectations and behaviours&rdquo;, he added.

However, Patten, despite co-founding Queers in Property, still feels like they are always learning about how to tackle this issue. It&rsquo;s all a learning curve.&nbsp;

&ldquo;People don&rsquo;t generally understand what they can&rsquo;t see which reinforces how important visibility is&rdquo;, they noted.&nbsp;

Executives and diversity and inclusion teams can follow Patten&rsquo;s lead in adapting initiatives to be &ldquo;as inclusive as possible.&rdquo;

The young change-maker immerses themselves in the community and listens to stories to help drive the change the industry needs.

Chief operating officer at Lendlease, Michael Vavakis adds: &ldquo;Conversation, role models, product design, calling out positive and negative behaviours [&hellip;] is really what creates an inclusive environment and each of these things needs to be relentlessly pursued.&rdquo;

Lendlease is similarly working to increase its focus on inclusion, partnering with UNSW to research the barriers to LGBTQI+ inclusion on construction sites.&nbsp;

&ldquo;We look forward to sharing the results of that research and recommendations for the industry to address later in the year&rdquo;, Spicer said.&nbsp; 
&nbsp;

<h2>Building inclusivity into communities&nbsp;</h2>

According to Vavakis, it is not only employees that developers and industry associations should be helping, but homeowners too.&nbsp;

&ldquo;Outside of all the activities we are doing to create inclusive workplaces, I believe that this point about designing and creating and building with inclusivity in mind is a unique proposition that has only begun to be explored in the property industry.&rdquo;

<blockquote>
&ldquo;[This] is something unique that the property industry can contribute. That is how do we design, create and build places that reflect the importance of inclusiveness and the sometimes uniqueness of the LGBTQI+ community&rdquo;, he said.&nbsp;
</blockquote>

Patten echoed: &ldquo;We have so much influence on the built environment, we need to understand how we can create LGBTQI+ friendly spaces for people as well.&rdquo;

Although it&rsquo;s unlikely we&rsquo;ll be seeing queer design hitting residential projects in the mainstream anytime soon, dialogue about inclusiveness and community-making should continue across the property industry.&nbsp;

&quot;Diversity is more than a box ticking exercise, it&#39;s about creating meaningful change to ensure the homes that we&#39;re building meet the needs of the communities we serve&quot;, said Apartments.com.au CEO Mike Bird.

For Spicer, this might include discussions on&nbsp;the &ldquo;bigger picture,&rdquo; such as &ldquo;are the placemaking needs of our community different and how are they likely to evolve.&rdquo;

&ldquo;Inclusiveness does need more of a conversation across the property industry and [I] think it is starting to happen.&rdquo;

[smartcode_project:default project_id=29358]

Urban sits down with four change-makers transforming the face of the property industry to discuss the importance of queer visibility

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