International developer&nbsp;<a href="https://www.apartments.com.au/developers/spg-land">SPG Land</a> is preparing to re-launch its long-awaited $1.5 billion <a href="https://www.apartments.com.au/new-apartments/paradiso-place-surfers-paradise-103-ferny-avenue-surfers-paradise-qld-4217">Paradiso Place</a> development at Budds Beach, bringing a new price point to the Surfers Paradise apartment market.

The developer will release one-bedroom apartments from $825,000 and two-bedroom apartments from $1.24 million in the three-tower development.

According to Urbis, the starting price for the two-bedroom apartments is more than $400,000 below the weighted average sale price for comparable two-bedroom apartments in Surfers Paradise during 2025, which was pinned at $1.7 million.

&nbsp;

Urbis reported quarterly average sale prices for new two-bedroom, two-bathroom apartments ranged from around $1.2 million to $1.7 million throughout 2025, peaking in the December quarter.

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Paradiso Place is now moving into its formal sales campaign, with a limited early-release opportunity available ahead of the public launch.

The development will comprise 845 apartments across three towers rising 40, 41 and 44 storeys from a 1.15-hectare site spanning an entire city block. The towers will sit above a new retail precinct.

"Paradiso Place represents a rare opportunity in today's market, offering premium apartments at a price point that is significantly more competitive than anything else currently available," SPG Land Sales Director Brad McMahon said.

"When you look at comparable new developments across Surfers Paradise, Main Beach and the Southern Beaches precinct, buyers are typically paying hundreds of thousands more for a similar product.

"The scale of this project and the developer-builder construction model allows us to unlock efficiencies that smaller developments simply cannot achieve. We are passing those benefits directly to buyers, while still delivering a five-star residential experience with an unmatched lifestyle."

[smartcode_project:default project_id=106566 project_image_fid=374280]

Each of the three towers designed by Rothelowman will have its own podium, connected by an elevated skybridge network to create a beachside village for residents. The resident amenity has been designed to rival a five-star hotel, with private dining rooms, resident lounges and entertainment spaces.

McMahon said the pricing strategy was a deliberate response to the current market.

"What Paradiso Place offers is a unique balance, genuine value within a premium market. Buyers are not compromising on quality, design or amenity, they are gaining access to it at a more competitive price point at a time when prices across the Gold Coast continue to reach new highs."

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Located around 100 metres from the beach and within walking distance of the Surfers Paradise North light rail station, Paradiso Place occupies one of the Gold Coast's most tightly held beachfront precincts.

Construction is continuing to progress, with eight of the project's 112 foundation piles now complete. Excavation has also commenced on the first diaphragm wall panel, with the first concrete poured on 15 June, marking a key milestone in the project's early works program.

[smartcode_project_cta:default project_id=106566]

Joel Robinson

SPG Land launches $1.5 billion Paradiso Place at attractive price point

Luxury developer-builder <a href="https://www.apartments.com.au/developers/lowe-living">Lowe Living</a> has achieved a new Victorian benchmark for an off-the-plan apartment, with the sale of two penthouses at its ultra-exclusive Maison Savoy development in Brighton.

The two penthouses achieved a combined sale rate of $49,926 per sqm. Both transactions eclipsed the previous identified Victorian off-the-plan price-per-square-metre benchmark, set by the 449 sqm apartment at Como Toorak, which sold at $46,659 per sqm.

[smartcode_project:default project_id=140818 project_image_fid=366473]

<a href="https://www.apartments.com.au/new-apartments/maison-savoy-brighton-150-esplanade-brighton-vic-3186">Maison Savoy</a>, Lowe Living's redevelopment of the former Brighton Savoy Hotel on absolute beachfront land at 150 The Esplanade, Brighton, has gained significant momentum since launching just eight weeks ago. Around 30 per cent of the project's 19 residences have already been secured, generating approximately $45 million in sales.

"Securing two of the three penthouse sales at this stage, within eight weeks of launching to market speaks to the confidence our clients place in Lowe Living," Lowe Living co-founder Emma Lowe said.

"They know we'll be with them through every stage of the journey, and that assurance is something we've worked hard to earn and never take for granted."

[smartcode_project:default project_id=140818 project_image_fid=366474]

Lowe said Maison Savoy was conceived as a genuine alternative to a prestige Brighton home, combining house-scale proportions with the convenience, security and lock-up-and-leave appeal of apartment living.

Lowe Living co-founder Tim Lowe said the early sales success demonstrated the resilience of Melbourne's prestige market and highlighted the growing demand for house-sized apartments among ultra-high-net-worth buyers.

"The Melbourne market has definitely been tested in recent years, with interest rates and global economic factors all creating a period of uncertainty across the real estate sector. The sales success at Maison Savoy however demonstrates that confidence remains exceptionally strong at the top end of the market.

"The prestige market is being driven by long-term lifestyle decisions rather than short-term market sentiment, which continues to create a level of certainty that befits an absolute beachfront property in a blue-chip location like Brighton.

"Brighton's fundamentals remain among the strongest in Melbourne, with limited new supply, enduring demand from an overwhelmingly local owner-occupier market, and a rare combination of beachfront amenity and proximity to the CBD."

[smartcode_project:default project_id=140818 project_image_fid=374378]

According to Cotality, Brighton remains one of Melbourne's most tightly held prestige suburbs, with an average ownership tenure of 15.3 years for houses and 12.3 years for units, while more than 73 per cent of homes are owner-occupied.

Tim Lowe said selling two of the project's three penthouses so early in the campaign was an uncommon result.

"This sales result is a reflection of quality and understanding the local market. It's incredibly rare to transact the penthouses so early in a sales campaign in any project so to have sold two of the three penthouses at Maison Savoy so soon after launch, all in-house without any external sales agency appointed, is reflective of our careful consideration of our buyers' needs and lifestyle.

"This is knowledge that is accumulated not just from data and demographic analysis, but via a deeply embedded understanding of how this type of buyer wants to live and feel in their home. We pride ourselves on getting to know our clients personally, and over the last 10 years we have been able to refine our product offering by talking one-on-one with our clients about their design and floorplan preferences.

"Being a fully integrated developer-builder with an in-house design and sales team allows us to lead every part of the process and ensure the highest quality of product and service at every touchpoint. It's a really important part of our DNA and the recent sales success at Maison Savoy indicates that our clients and purchasers are resonating with this point of difference.

"It reinforces that demand remains strong for thoughtfully designed residences that offer rarity, lifestyle and long-term value in tightly held locations, which ultimately validates Maison Savoy's positioning as creating a new benchmark for house-scale, wellness-led apartment living on Brighton's beachfront."

&nbsp;

[smartcode_project:default project_id=140818 project_image_fid=366480]

The residences at Maison Savoy start from 295 sqm, with most enjoying uninterrupted views across Port Phillip Bay. The project sits moments from the Brighton Bathing Boxes, Royal Brighton Yacht Club, Middle Brighton Baths and Church Street's retail and dining precinct.

A key feature of the development is its private residents-only bathhouse, curated by the founder of Aurora Spa &amp; Bathhouse and modelled on traditional European bathing rituals and the award-winning Sorrento bathhouse.

The wellness offering includes a hydrotherapy pool, salt room, sauna, steam room, cold plunge pool, foot activation zone and a Vichy rainfall bed, one of only a handful in Australia. Residents will also have access to a Technogym studio, lounge spaces and a dedicated concierge service offering everything from morning coffee delivery and restaurant bookings to dry cleaning and home coordination.

"Wellness-led design has become a defining factor for luxury buyers," Emma Lowe said.

"Purchasers increasingly value homes that enhance wellbeing through thoughtful design, private amenity, privacy and liveability."

The penthouse purchasers are now undertaking a bespoke customisation process curated personally by architect Pete Kennon and the Lowe Living team, one of the developer's signature service offerings.

Construction on the $160 million transformation of the former Brighton Savoy Hotel site commenced last month, with completion expected in early 2028. The project has secured funding from NAB alongside development partner Monark.

Just one penthouse remains available, along with a limited number of two and three-bedroom residences starting from $3.75 million.

Lowe Living currently has eight projects on the market across Melbourne and recently celebrated its 10th anniversary, having grown a $1 billion development pipeline alongside a $350 million construction pipeline.

&nbsp;

[smartcode_project_cta:default project_id=140818]

Lowe Living set new Melbourne off the plan apartment record

For more than three decades, Hyecorp has been delivering residential projects across Sydney's Lower North Shore, building a portfolio centred on design-led apartment living in some of the city's most established neighbourhoods.

Hyecorp recently launched the latest in its long line of apartment developments, Celine, a 29-storey tower on Archer Street in Chatswood. Like the majority of the developer's projects, Celine caters to a broad buyer demographic, offering a mix of one, two, three and four-bedroom apartments, all designed with owner-occupiers in mind.

Functionality and flexibility are often buzzwords in the new apartment market, but they sit at the core of Hyecorp's design philosophy.

Hyecorp Joint Managing Director Stephen Abolakian says the developer understands it isn't designing apartments for today's needs alone, but for how buyers will live several years into the future.

"When we launch our projects we need to be aware that these developments aren't finished for several years," Abolakian says.

"That home office in the here and now might be a nursery by the time the project completes for a prospective buyer, so we need to think about how the apartment spaces function for future uses so there's longevity in the ownership."

Celine's architects, Fuse, followed the same philosophy, saying the design extends well beyond aesthetics.

"Celine focuses on timeless architectural form and functionality, with a strong emphasis on light, proportion and materiality. The design responds to the urban context of Chatswood while delivering calm, highly liveable interiors that feel both contemporary and enduring. The floorplans have been carefully resolved to maximise usability and outperform typical market offerings in terms of efficiency and liveability."

Most apartments incorporate multipurpose rooms designed for flexibility. Each includes an integrated desk and a standard Murphy pull-down single bed, allowing the space to transition from a home office or study to guest accommodation as needs change. The layouts have also been designed to maximise natural light, storage and overall functionality.

One and two-bedroom apartments feature Miele appliances, while three and four-bedroom residences are appointed with integrated Gaggenau appliances and Taj Mahal stone benchtops.

Buyers who purchase early in the construction process can also take advantage of Hyecorp's "Live Your Way" interior design service, allowing them to personalise finishes and tailor elements of their home to suit their own lifestyle. It's a feature designed to appeal to owner-occupiers who want their apartment to feel uniquely theirs from the day they move in.

[smartcode_project:default project_id=149594 project_image_fid=362614]

While flexible floorplans have become a hallmark of Hyecorp's apartment design, the developer has also continued to place significant emphasis on resident amenity.

As buyers increasingly expect more from apartment living, shared spaces have evolved beyond a gym and barbecue area. They are now an extension of the home, providing spaces to relax, exercise, entertain and connect with neighbours.

At Celine, the resident amenity has been designed with a focus on wellness, centred on the level six podium. An infinity-edge swimming pool, spa, sauna and fully equipped gym are complemented by barbecue facilities and a residents' lounge, creating a range of spaces for relaxation, recreation and social connection above the streets of Chatswood.

Practical conveniences have also been integrated throughout the building, including EV charging provisions, smart parcel lockers, bicycle storage, a pet wash station and dedicated car wash bays, reflecting the project's focus on making everyday living as seamless as possible.

[smartcode_project:default project_id=149594 project_image_fid=362633]

"Celine has been designed to deliver a refined residential experience that reflects the evolution of Chatswood into a premium urban centre,"&nbsp;Abolakian says.

"With over 30 years of experience delivering projects across Sydney's Lower North Shore, Hyecorp brings a deep understanding of what local buyers value. Every detail has been considered to balance luxury, functionality and long-term liveability. This is not just about apartments, but about creating a lasting residential address for discerning buyers."

Hyecorp, vertically-integrated builder-developer, is anticipating construction commencement later this year.

[smartcode_project_cta:default project_id=149594]

Hyecorp brings 30 years of Lower North Shore experience to Celine in Chatswood

Burgeoning South East Queensland developer <a href="https://www.apartments.com.au/developers/frank-developments">Frank Developments</a> is continuing to pad out its capital city development pipeline.

The developer, led by Frank Licastro, has its sights set on Kingsford Smith Drive in Hamilton, where it is planning <a href="https://www.apartments.com.au/new-apartments/avela-60-kingsford-smith-drive-albion-qld-4010">AVELA</a>, a 166-apartment development across three towers that tier down from 28 storeys to 19 and 17.

The towers will rise above the iconic Breakfast Creek Hotel.

Frank has brought on Melbourne architecture practice <a href="https://www.apartments.com.au/architects/rob-kennon-architects">Kennon</a> to design the building, conceived as a “defining architectural marker where the airport corridor meets the inner city.”

<img alt="First look: Frank Developments plans sculptural AVELA for Brisbane's Breakfast Creek gateway" data-entity-type="file" data-entity-uuid="e787c64e-f0a4-4725-891e-e86b40ee5c5c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/AVELA.png?VersionId=1ulwuZ9w2vQ2td7v.J2zUI7Ih_DT4Kwz" />

Kennon describes the project as a once-in-a-generation opportunity.

"Positioned at the northern gateway of Brisbane's primary CBD corridor, this project represents a singular moment in the city's urban evolution, one that will not come again," the architecture practice said in the documents submitted to the Brisbane City Council.

"Where the airport and world beyond meets the city, the building will rise as a sculptural landmark, a defining piece of architecture that signals arrival into Brisbane and anchors the connection between the city and the communities to its north."

<img alt="First look: Frank Developments plans sculptural AVELA for Brisbane's Breakfast Creek gateway" data-entity-type="file" data-entity-uuid="d572bf62-a98d-4847-95d0-889e3d3283e1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/AVELA%20podium.png?VersionId=6.Ax4jBzTbY5ahm55iaMWNR03ODhDQSm" />

The development is centred around owner-occupier apartments, with a mix of two, three and four-bedroom residences designed to capitalise on city and river views.

Four basement levels accommodate resident parking, allowing the podium to prioritise pedestrian activity and public-facing uses like ground-floor retail, a cafe, a&nbsp;neighbourhood grocer, and a public accessible indoor pickleball court and event space.&nbsp;

There will be nearly 2,000 sqm of communal wellness and recreation facilities across three levels.

<img alt="First look: Frank Developments plans sculptural AVELA for Brisbane's Breakfast Creek gateway" data-entity-type="file" data-entity-uuid="c5ac3cbf-3c11-4219-89f3-e12d9e0f9ffd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/AVELA%20podium%20A.png?VersionId=_.4zd1HLCKa1s6I_oxkY4NNqX6o3Yevn" />

&nbsp;

Frank Developments has increasingly focused on design-led residential projects across South East Queensland.

AVELA is Licastro's second on Kingsford Smith Drive following <a href="https://www.apartments.com.au/new-apartments/alba-92-kingsford-smith-drive-hamilton-qld-4007">Alba</a>, 85 apartments just down the road. The developer has <a href="https://www.apartments.com.au/new-apartments/mira-61-garfield-terrace-surfers-paradise-qld-4217">MIRA</a> and <a href="https://www.apartments.com.au/new-apartments/myst-burleigh-heads-270-the-esplanade-miami-qld-4220">MYST</a> on the Gold Coast, as well as <a href="https://www.apartments.com.au/new-apartments/murano-teneriffe-37-wyandra-street-new-farm-qld-4005">Murano</a> coming up in Teneriffe and <a href="https://www.apartments.com.au/new-apartments/bel-air-33-oxlade-drive-new-farm-qld-4005">Bel Air in New Farm</a>.

Frank Developments plans sculptural AVELA for Brisbane's Breakfast Creek gateway

ASX-listed developer <a href="https://www.apartments.com.au/developers/stockland">Stockland</a>&nbsp;is continuing its push back into the new apartment market, filing plans for a prominent gateway site between Collingwood and East Melbourne.

The development giant, which moved back into the new apartment space when it announced Stanton Place in Sydney's Rosebery and have since filed plans for a 50-storey tower, are jumping into the off the plan Melbourne market.

They are hoping to create a mixed-use neighbourhood precinct for <a href="https://www.apartments.com.au/new-apartments/79-81-victoria-parade-collingwood-vic-3066">79-81 Victoria Parade</a>, replacing an existing commercial building with a scheme by <a href="https://www.apartments.com.au/architects/john-wardle-architects">Wardle</a>&nbsp;for 478 apartments,&nbsp;ground-floor retail, new public open spaces and a publicly accessible pedestrian laneway.

<img alt="First look: Stockland plans new mixed-use neighbourhood precinct for Collingwood gateway site" data-entity-type="file" data-entity-uuid="72dbbca9-3918-4073-afad-a0c0c35be8e7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/stockland%20pers.png?VersionId=bzMVUKKxvwuNK1m0v_td126Rgct32uk_" />

The design report identifies the public realm as a central driver of the proposal.

"Collingwood has limited access to high-quality parks and public open space, and the proposal delivers valuable new areas for respite, social interaction and fine-grain retail activity."

The development would deliver a diverse mix of housing, including studio, one, two and three-bedroom apartments alongside townhouse-style residences. Two basement levels are proposed beneath the development, providing resident and retail parking as well as extensive bicycle facilities.

Wardle's design draws heavily on Collingwood's industrial character, using articulated building forms, brickwork and robust materials inspired by the suburb's warehouse and manufacturing heritage. The built form has been broken into a series of smaller volumes to better respond to the surrounding streetscape while extensive communal gardens, rooftop amenities and shared resident spaces are integrated throughout the project.

<img alt="First look: Stockland plans new mixed-use neighbourhood precinct for Collingwood gateway site" data-entity-type="file" data-entity-uuid="7b2135ed-65df-4253-ad53-f216f06bd467" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/stockland%20podium.png?VersionId=l1B6Hqn8zs772VxH6L1fDPg0KHshan9v" />

The planning documents describe the existing office building as offering little engagement with the public realm, with the redevelopment intended to create a more permeable and active neighbourhood destination.

"The proposed scheme presents a significant opportunity to deliver a vibrant retail plaza and a local neighbourhood hub serving both existing and future Collingwood residents."

The 79–81 Victoria Parade site occupies a strategic location about 1.5 kilometres east of Melbourne's CBD, at the threshold between Collingwood and East Melbourne. It is well served by tram services along Victoria Parade and sits within walking distance of St Vincent's Hospital, Fitzroy Gardens, the Fitzroy activity centre and a broad range of employment, retail and hospitality destinations.

Stockland plans new mixed-use neighbourhood precinct for Collingwood gateway site

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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When researching the market, it is important to understand what demand drivers can push up property prices in the long term. But an often underestimated factor is the supply side of the equation.  
An oversupplied market can jeopardise that important growth you are looking for when investing in property for the long-term. But how do you factor in future supply? 
A first good indicator of a future supply issue can be uncovered by asking yourself how easily your investment can be replicated by others. In other words, how much competition will your property have in the future? This is important to know, as high supply signals more competition in the market, therefore your ability to command a premium price is reduced. 
Take for example the areas on the fringe of suburbia, with large tracts of undeveloped land nearby. Achieving a high price for a property in these areas may prove difficult, because similar properties are readily available in new land subdivisions nearby. 
If you are looking for capital growth, it is often a better choice to go for a property in an established area with high demand and little room for expansion. Similarly, high-demand areas that are “land-locked” by hills or bodies of water can limit future supply and put upwards pressure on prices. 
It is also a good idea to check the zoning regulations of any area you believe is of interest. 
Local councils use residential zoning to regulate housing density. An area that is zoned to allow high-density apartments or townhouses could raise some red flags, because development could bring an oversupply of these dwelling types to the area which could negatively impact your own investment plans. It is very easy for others to build properties much the same as yours nearby. 
At Momentum Wealth, we carefully consider supply factors when assessing potential properties for clients. We identify localities in which there is likely to be little competition and we focus on properties with unique and highly valued features. We also tend to avoid areas in which there is a lot of free land for expansion while keeping an eye on zoning and development issues. 
If you would like to learn more about professional research strategies, <a href="https://wvw.momentumwealth.com.au/ResearchEbook?utm_source=Property+Observer&amp;utm_medium=Ebook&amp;utm_campaign=Ebooks" target="_blank">check out our new ebook ” How to find investment-grade properties using professional research principles”.</a> 
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jonathanchancellor-7SQnKwU6yx

Supply: the forgotten part of the property investment equation

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SPONSORED POST
<img src="https://www.urban.com.au/images/2017/09/05/Trustbond%20logo1%20small.png" alt="">
 
Younger people face discrimination based on their age - that is, they're worried their rental applications won't be accepted, and that their landlords won't trust them because of their limited rental history.
Landlords can be reluctant to leave their property with younger people, because these young tenants cannot prove they have successfully rented before.
A new start-up called <a href="https://trustbond.com.au/" target="_blank">Trustbond</a>, is changing this dynamic by allowing tenants to share their online reputations to prove their trustworthiness. Trustbond measures trustworthiness using online data including networks, ratings and reviews from Facebook, Twitter, LinkedIn, Airbnb, eBay and Uber to determine a tenant’s TrustScore.      
“Online reputation is the loyal handshake of today. A new kind of trust, based on the principles of old. Every time we connect online with someone to shop, sell, ride share, house share and interact within an online community we are earning trust and building reputation. We are showing our character and the type of people we are. This reputation can be used to prove trust in new contexts like renting,” Trustbond Country Manager, Will Soutar, said.
Based on focus groups conducted by George Patterson Y&amp;R, in May 2017:
-       70% of participants said  "I would trust somebody based on their digital reputation."
-       90% of participants said "I believe my digital reputation is an accurate reflection of who I actually am." 
Trustbond enables tenants to harness their digital reputation to help rent a home. Tenants can easily build a free online reputation profile that can be easily shared with agents and landlords to build trust. Trustworthy tenants can replace the cash bond with a Trustbond for a small premium.TRUSTBOND
For more information, watch the video below or go to <a href="https://trustbond.com.au/" target="_blank">Trustbond</a>.
<iframe src="https://www.youtube.com/embed/WlzfGI_7cJE?rel=0&amp;controls=0&amp;showinfo=0" frameborder="0" width="450" height="315"></iframe>
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spost-fCfKtoCdFu

How to trust the young first time renters? 

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SPONSORED POST
<img src="https://www.urban.com.au/images/2017/09/05/Trustbond%20logo1%20small.png" alt="">                           
A world-first technology will make renting more accessible to trustworthy Australians and save them thousands of dollars in the process.
Fintech company Traity has partnered with Australia’s leading landlord insurance specialist Terri Scheer Insurance to this month launch <a href="https://trustbond.com.au/" target="_blank">Trustbond</a>. Trustbond lets tenants avoid paying a traditional bond and instead pay a premium, which is a proportion of the rent paid for the term of the lease.
Instead of paying what can often be thousands of dollars up front renters instead would pay as little as hundreds. A renter paying a $2000 bond would instead pay a one off fee of $250. It covers the same breaches of a tenancy agreement including unpaid rent, damage, broken leases and associated costs.
Trustbond uses blockchain to measure the potential trustworthiness of a renter using data from social networks like Facebook, Twitter, LinkedIn, Airbnb, eBay and Uber to determine a tenant's TrustScore. 
“In addition to the financial incentives, Trustbond is a better way for tenants to show who they really are. Tenants can use their online accounts to show they are trustworthy. It’s a way to build stronger relationships between tenants, landlords and property managers based on trust,” Traity Country Manager, Will Soutar, said. 
There are also key incentives for landlords to choose tenants who are eligible for Trustbond.      
“Trustbond is based on the premise that only tenants with a high TrustScore are eligible,” said Terri Scheer Insurance Executive Manager, Ms Carolyn Parrella.
“Landlords who use Trustbond can save time with automatic verification and screening, fill their properties faster by appealing to a broader pool of tenants and make better decisions for tenant selection.”                                                        
“Trustbond also gives landlords and property managers the ability to rate and review tenants. This encourages tenants to be responsible and motivates them to take care of their landlord’s property, in order to keep their TrustScore high.”
For more information, watch the video below or go to <a href="https://trustbond.com.au/" target="_blank">Trustbond</a>.
<iframe src="https://www.youtube.com/embed/WlzfGI_7cJE?rel=0&amp;controls=0&amp;showinfo=0" frameborder="0" width="450" height="315"></iframe>
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World-first digital technology to end cash rental bonds                         

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With renting increasingly the new normal for many, an innovative fintech company has come up with a way to reduce the pesky rental bond payment.
The product, called Trustbond and created by the startup Traity, lets tenants avoid paying a traditional bond and instead pay a premium, which is a proportion of the rent paid for the term of the lease.
The innovative fintech company has partnered with landlord insurance specialist Terri Scheer Insurance to launch Trustbond.
Trustbond provides security to landlord without freezing the savings of tenants in a rental bond using world-first technology that "will ensure trustworthy Australians save thousands of dollars."
A traditional bond is a large sum that is tied up for the duration of the lease while Trustbond will allows tenant to pay a relatively small fee upfront to cover the protection their landlord required.
The Trustbond system will also allow estate agents and landlords to determine a person’s suitability as a tenant while providing landlords with the same level of protection as a traditional cash bond.
Trustbond is being launched initially in South Australia and it is expected will roll out to other states in the coming months. In NSW around 80,000 residential rental bonds, totalling $1.31 billion are held by the NSW Rental Bond Board.
The new product is marketed as a five step process:
<ul>
<li>Go to <a href="https://www.trustbond.com" target="_blank">www.trustbond.com</a>
</li>
<li>Prove you are a trustworthy tenant by building your reputation profile</li>
<li>Replace the cash bond with a Trustbond</li>
<li>Share the Trustbond with your real estate agent or landlord for their agreement</li>
<li>Keep your cash in your pocket for when you need it most</li>
</ul>
Trustbond measures trustworthiness using online data including networks, ratings and reviews from Facebook, Twitter, LinkedIn, Airbnb, eBay and Uber to determine a tenant’s TrustScore.
Once eligibility has been established, the tenant pays an upfront fee that is a percentage of what a conventional rental bond would cost.
As a traditional cash bond might require a tenant to pay $2000, with Trustbond, the tenant might pay around $250 that still covers their landlord for the $2000, freeing up $1750 for the tenant.
The most recent census data revealed the trend towards renting as Australians renting increased from 29.6 to 30.9 per cent in 2016.
The inspiration for Trustbond came from the Traity CEO, Juan Cartagena's own experience of renting property.
As a new resident of the United States with no local rental or employment history, landlords were requesting rental cash bonds of up to $14,000.
He was untrusted as a foreigner, and his landlords requested very expensive bonds as they did not have enough information to trust him.
“Trustbond recognises a person’s digital profile as an asset, putting money back in tenants’ pockets to spend on the things that matter to them,” Traity executive Will Soutar, said.
“It allows people who may have an unconventional working life, such as freelancing, or who have no rental history, greater access to the property rental market.
“In addition to the financial incentives, Trustbond is a better way for tenants to show who they really are.
“It’s a way to build stronger relationships between tenants, landlords and property managers based on trust.”
Terri Scheer Insurance executive manager, Ms Carolyn Parrella, said there were key incentives for landlords to choose tenants who are eligible for Trustbond.
“Trustbond is based on the premise that good online citizens will also be good tenants. Only tenants with a high TrustScore are eligible,” Ms Parrella said.
“Trustbond gives landlords and property managers the ability to rate and review tenants.
“This encourages tenants to be responsible and motivates them to take care of their landlord’s property, in order to keep their TrustScore high.
“Landlords who use Trustbond can save time with automatic verification and screening, fill their properties faster by appealing to a broader pool of tenants and make better decisions for tenant selection.
“These benefits can be achieved with the same level of protection as a conventional cash bond.
“Trustbond covers the same breaches of a tenancy agreement including unpaid rent, damage, broken leases and associated costs, without the need to go to a tribunal.
“We want to take the stress out of investing for landlords, support tenants to feel trusted and remove barriers to entry for renting,” Ms Parrella said.
Visit <a href="https://www.trustbond.com" target="_blank">www.trustbond.com </a>to check your TrustScore and Trustbond eligibility.
<iframe src="https://www.youtube.com/embed/WlzfGI_7cJE?rel=0&amp;controls=0&amp;showinfo=0" frameborder="0" width="450" height="315"></iframe>
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jchancellor-FAypfDUnLy

Costly rental bond outlay foregone in fintech Trustbond revolution 

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Camelot in Coomera is the latest residential community in the heart of the booming Northern Gold Coast growth corridor suburb of Coomera.
Location-wise, <a href="https://www.choicehomes.com.au/estate/camelot" target="_blank">Camelot</a> offers everything for growing families. The area is home to numerous primary and secondary schools, the Coomera Marine Precinct and a modern TAFE campus.
Stage 1 of the billion dollar Coomera Town Centre – designed over 60ha with a focus on business, livability and community – has now opened.
The centre features 140 specialty shops, including Woolworths, Coles, Target, Kmart and a cinema; it will transform Coomera into a benchmark dining, lifestyle and entertainment destination.
The flagship of the town centre is a new Westfield shopping centre, anchored by a Myer department store.
The centre also includes government and commercial offices, medical facilities, alfresco dining precinct, and world-class retail, all close to the existing Coomera Railway Station.
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Coomera train station is the multimillion- dollar transport hub of the Northern Gold Coast, providing train station and rapid commuter services to Brisbane and Robina.
Stage 2 of the Gold Coast Light Rail is now complete, linking the Northern Gold Coast via light rail to the centres of Surfers Paradise, Broadbeach and Griffith University.
Its progress is set to unlock around $1 billion of development along the route.
The hub and interchange is also serviced by Gold Coast buses and links with the Gold Coast’s three major theme parks.
Camelot in Coomera also puts on your doorstep the natural wonders of South Stradbroke Island, the Coomera River, and the Gold Coast’s Broadwater and its sundrenched beaches. Each is a must to experience first-hand, where you can share and enjoy a special piece of paradise.
To download Choice Homes Urban Appeal 2019 magazine, <a href="https://www.choicehomes.com.au/estate/sovereign-estate" target="_blank">click here</a>.
 
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j.ballantyne1990-6AQqhLzZaK

Booming Coomera to be home to residential community Camelot 

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SPONSORED POST
Discover Choice Homes' latest display home by the beach in Mackay at Royal Sands.
Living in a beachside community comes complementary with the Australian dream.
Royal Sands is <a href="https://www.choicehomes.com.au/estate/royal-sands-1" target="_blank">Mackay’s favourite land estate</a>, offering you a once-in-a-lifetime opportunity to have the seachange you’ve always dreamed about.
The Royal Sands estate is a masterplanned seaside neighbourhood that integrates beautifully into the natural surrounds.
This well-planned estate will allow you to enjoy less time in your car and increase your time living life.
Royal Sands is only five minutes walk to the golden sandy beaches of Mackay’s Northshore, Bucasia Beach and Seaside Parklands, all well-known holiday destinations and well withing walking distance.
It’s easy to see why Royal Sands is a great lifestyle location, providing residents with the best of both worlds.
</div>
<div class="column">
Living in a tropical haven with natural parklands on one side and beaches on the other... you’ll feel like you’re a world away but with an abundance of amenities close by. Only minutes from the Mackay Precinct. You’ll never be left wanting.
Major shopping centres, doctors, primary and secondary schools, both private and public, are all just a few minutes drive, which is made all the more pleasant with new roads and infrastructure, implemented in Mackay’s Northern Beaches.
Resurgence in the resources sector is also propelling Mackay forward, adding to the long list of benefits that make Royal Sands the ideal place to buy.
Elegance surrounds the Royal Sands estate, with a vast array of residential allotments, abundant parklands with play equipment and tree-lined streets
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Mackay is a picturesque regional city set on the Pacific Ocean amidst lush sugar cane farms and straddling the turquoise blue Pioneer River.
</div>
<div class="column">
Australians are searching for a sea change to escape the hustle and bustle of city life and there are few better places than Mackay to make a new start.
It's these great qualities that made Mackay the inaugural Wotif Town of the year. Locals know that it's a hidden gem, but it won't be hidden for long.
To download Choice Homes Urban Appeal 2019 magazine, <a href="https://www.choicehomes.com.au/estate/sovereign-estate" target="_blank">click here</a>.
 
 
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Royal Sands is Mackay’s favourite seaside neighbourhood

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EXPERT OBSERVATION
The construction sector is in a cyclical downturn led by the housing sector, where conditions have swung from boom-to-bust.
Private new home building work fell by a further 3.4%, meeting our expectations, to be 11.6% below the peak of mid-2018. Renovations were broadly flat, -0.2%. The housing downturn still has further to go and will weigh on conditions into 2020.
Public works returned to adding to growth, increasing by 5.4% in the quarter. That follows a moderation over the past year (down 13.4%) reflecting a gap in the investment project pipeline. Our view has been and remains that public investment will be supportive of growth over the near-term, with governments continuing to commit to additional projects.
Private infrastructure provided a downside surprise, declining by 4.6%. The outlook is for some improvement. Commencements have picked-up somewhat (eg some iron ore projects have proceeded in response to the recent elevated prices) and the work pipeline has increased – pointing to an emerging lift in activity during the year ahead.
ANDREW HANLAN is a senior economist for Westpac
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Construction activity declined for a 5th consecutive quarter: Andrew Hanlan

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Uprooting with ease
There are few people that can genuinely say they feel no stress when moving house. It’s a big deal. These websites and apps take some of the ordeal out of packing up your whole home and shifting. Maybe after trying these you too can be one of those people who feel no stress.
This moving company runs <a href="https://www.movinghouse.com.au/moving_home_checklist" target="_blank">a very handy checklist</a> for things to do when moving house. Ultimately it’s an ad for their services but it’s useful and well layed out.
<a href="https://itunes.apple.com/us/app/moving-list/id316092879?mt=8" target="_blank">Moving List</a> is an app that has prepopulated moving lists. Allows you to check things off as you go and keep track of things.
<a href="https://itunes.apple.com/us/app/moving-van/id357418069?mt=8" target="_blank">Moving Van</a> helps you keep track of what’s in each box. Take photos of everything in the box and it stores and categorises it for you.
Article continues on next page. Please click below.
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Vacations
Sometimes you need a break from looking at the property market. Everybody does – unless you’re Property Observer. These two sites will help you during holiday periods.
<a href="https://www.airbnb.com/" target="_blank">Airbnb</a> allows users to rent their own home out to holidaying people. You can use the site to find reasonably priced accommodation while you go on holiday, or make a bit of money by renting out your spare room. The American site started off in California but has since spread internationally with a strong presence in Australia. Prices in Australia range from more than $1,500 a night down to just $11 a night. Take your pick.
<a href="https://www.homeaway.com.au/" target="_blank">Home Away</a> the holiday site tied to realestate.com.au has a similar offering. There are 18,944 properties in Australia to choose from and similarly you can list your own property for rental. It’s more geared towards properties run by hotels and resorts but it’s a solid part of any search for holiday accommodation.
<a href="https://www.stayz.com.au/" target="_blank">Stayz</a> is Fairfax’s contribution to holiday rentals. The choice is quite varied in Australia. A search of Phillip Island and surrounds returns more than 200 results ranging from $46 to $900 a night. Listing your own holiday property costs $164 a year + commission for each booking.
<a href="https://houseswapholidays.com.au/" target="_blank">House Swap Holidays</a> is a website that allows users to swap houses for easy holidays. You can browse the listings for free and there are some good offerings up there. Melbourne alone has many options – some better than others.
<a href="https://www.homelink.com.au/" target="_blank">Home Link</a> is a website that’s been around for some time now. They have a huge database of people who are willing to house swap although it seems somewhat marketed towards retirees. A remarkable number of the users specifically preclude children from their homes.
Joining the ranks of house-swap websites is <a href="https://www.homeexchange.com" target="_blank">Home Exchange</a>. They claim the most international listings of any house swap website – 41,000 around the world. At publication the site had 1913 listings for Australia.
<a href="https://adioso.com" target="_blank">Adioso</a> is hands down the best flight search engine we’ve encountered. Run by a bunch of Melbournians this upstart is set to explode. It trawls the websites of every budget airline to find the absolute cheapest flights imaginable and present it in a simple form. It’s a natural language search engine which means you can type in “Sydney to Perth in late March” and it will bring up a list of the cheapest flights to Perth in late March. 
Article continues on next page. Please click below.      
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Websites
If you need to buy property you look online. There are countless listing websites in Australia but here are the main ones.
Realestate.com.au is the largest property website in Australia. It’s where most searches for property begin and end. It’s hard to remember what buying property was like without this website. The choice of properties available here is genuinely astonishing.
One just needs to click the Inspections tab and put in a postcode to be inundated with open homes in your area. At the time of writing Property Observer put our postcode in and found four pages of open homes a walk from our house.
The site lists more than x properties for sale but it’s not just for buying houses. The site facilitates finding an agent to sell or rent your house, it provides access to expert musings on the property related matters, it provides search engines for travel and insurance and provides an easy place to buy off the plan. This is just the tip of the iceberg. The company is growing and plans are afoot to expand their international operations.
Their search refine tools are fantastic and allow you to really narrow down to the property you want. Property Observer particularly likes the eco friendly search refines which allow you to find properties with certain ‘green’ features. Use this alongside the keyword search and you can really find the exact house you’re looking for.
The site lets you shortlist your favourites and mark a property as ‘visited’ to keep track of which homes you have visited. You can organise your property inspection and auction times so you don’t miss anything
Their iPhone app offers the functionality of their website tied in the with smart-phone tools. It makes finding property a breeze. You can contact an agent directly from listing in the app.
When looking at rental properties the website allows you to apply for properties online, using the application website <a href="https://itunes.apple.com/au/app/realestate.com.au-australias/id404667893?mt=8" target="_blank">1form.com.au</a>. Gone are the days of printing 16 forms to apply for every house. It’s a real time saver and a great partnership by realesate.com.au.
Fairfax-owned Domain is the second largest real estate website in Australia. There is an overlap for many properties with realestate.com.au but Domain does carry a significant number of unique properties and it should be part of every property search. As discussed in the Alerts section of this guide the website is great at filtering out properties. The website is quite clear with its layout and you can do very specific property searches.  The quickest way to apply the many search criteria is through their radar search, accessible from the front page. The many filters can applied and then viewed as overlays on Google Maps.
The website includes a directory section which lists local businesses in an area. It’s like a stripped down Yellow Pages aimed at current and future property owners. It even includes a section for relocatable homes for the indecisive amongst you.
Being owned by Fairfax the website does have a strong news section including video news.
And of course Domain have their own app. It’s a handy app with all the functionality of the website built in, but not a lot extra. You can quite easily plan your inspection times with their Inspection Planner tool. If you’ve got a Domain.com.au account you can also sync your short listed properties so you never lose track of a property.
Realestateview.com.au is the third biggest property website, though it falls far behind the other two in terms of properties listed. However, it makes up for its lack of numbers with its slick interface. Where the other two main players sometimes seem to place property information wherever it may fall in an mid-2000s MySpace style hodgepodge, Real Estate View lays things in a pleasant and intelligible way. The search criteria aren’t quite as discerning as Domain but they do the job.
There is a great selection of market data available on the site, some of it free, some it costs. The website also runs a competitor to Gumtree’s online classified ads section which is worth a quick look.
Real Estate View also run Rural View which is the rural counterpart to the website with a great selection of hobby farms but a little lacking in the larger stations.
Ultimately Real Estate View a much more pleasant site to use than either realestate.com.au or domain.com.au but it just doesn’t have quite the selection of properties as the other two main players.
They have also recently released a new mobile app. The app comes with the expected features for finding properties for sale but in a predictably smoother way. Where the app excels though is in its presentation of suburb information. There’s a section of the app devoted to market information about areas that is incredibly intuitive and easy to understand. It comes with additional iPad functionality that really make use of the extra screen real estate.
Top 10
Here are the top 10 Australian real estate websites as ranked by Google Ad Planner. Google Ad Planner is a web analytics tool that allows potential advertisers to research what are the biggest sites. These sites are ranked by unique users.
<ol>
<li style="line-height: 17.280000686645508px;">
<a href="https://realestate.com.au/">https://realestate.com.au</a> 
</li>
<li style="line-height: 17.280000686645508px;">
<a href="https://domain.com.au/">https://domain.com.au</a> 
</li>
<li style="line-height: 17.280000686645508px;">
<a href="https://realestateview.com.au/">https://realestateview.com.au</a> 
</li>
<li style="line-height: 17.280000686645508px;">
<a href="https://homehound.com.au/">https://homehound.com.au</a> 
</li>
<li style="line-height: 17.280000686645508px;">
<a href="https://onthehouse.com.au/">https://onthehouse.com.au</a> 
</li>
<li style="line-height: 17.280000686645508px;">
<a href="https://realcommercial.com.au/">https://realcommercial.com.au</a> 
</li>
<li style="line-height: 17.280000686645508px;">
<a href="https://thehomepage.com.au/">https://thehomepage.com.au</a> 
</li>
<li style="line-height: 17.280000686645508px;">
<a href="https://reiwa.com.au/">https://reiwa.com.au</a> 
</li>
<li style="line-height: 17.280000686645508px;"><a href="https://homesales.com.au/">https://homesales.com.au</a></li>
<li>
 <a href="https://rent.com.au/">https://rent.com.au</a>
</li>
</ol>
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Xero
Personal finances can be hard to manage. All those excel spreadsheets and the multitude of bank statements can be an absolute dog if you’re not an accountant. And let’s face it, who wants to be an accountant?
<a href="https://www.xero.com/accounting-software/" target="_blank">Xero</a> is a personal finance app. While there are plenty of offerings around this really is an interesting contender. It imports all your bank transactions, financial data and online accounting and consolidates it into one very visual interface. It automatically keeps track of invoices and upcoming bills to help you stay on top of things. The software lets you photograph receipts and automatically upload them. It even lets you send invoices on the go. There is a guide on the website for configuring it for property professionals.This really is a great way to manage your money. 
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Yelp – divide with neighbourhood
<a href="https://www.yelp.com.au" target="_blank">Yelp</a> isn’t the prettiest website around but that doesn’t mean it’s not a great resource. Yelp provides listings for every sort of business imaginable. It’s like the Yellow Pages supercharged. It’s fully of user reviews for every sort of listing. It’s only recently expanded to Australia but it’s gathering momentum quickly. There app is well worth a look as well. If you’re in a new part of Australia and need to find the local hardware shop, technical bookshop or record store this is the go.
<a href="https://truelocal.com.au" target="_blank">True Local</a> is a similar tool that’s been around for a while. Use this site to find a hairdresser before you enter sale negotiations. Again they have an app which is well made. The reviews can be really helpful.
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Zillow
The USA was the start of the online real estate revolution and is the basis for a lot of property trends covered in this ebook.
<a href="https://www.Zillow.com" target="_blank">Zillow</a> is the ultimate app if you wish to buy property in the USA. It aggregates all the houses for sale and allows the user to search them in an intuitive display. Filtering results is exceptionally quick and simple. They provide quite an accurate estimate of properties if no data is available in what’s called a Zestimate. The site is the inspiration for many real estate apps available today and continues to drive technological developments in real estate listings. If you want to see what local listing sites will look like in the future, check Zillow. There are no announced <a href="https://www.propertyobserver.com.au/news/packer-plunges-%24330-million-into-american-real-estate-portal-zillow-has-he-found-the-next-rea/2013090564809" target="_blank">plans to move to Australia yet</a>…
<a href="https://itunes.apple.com/us/app/costargo/id438575593?mt=8" target="_blank">Costargo</a> is the American website CoStar’s foray into the world of apps. It’s an amazing front-end interface that takes a lot of data and makes it easily readable.
RELATED ARTICLES:
<a href="https://www.propertyobserver.com.au/resources/the-a-to-z-of-property-apps-part-one/2014021867864" target="_blank" data-cturl="https://www.google.com/url?q=https://www.propertyobserver.com.au/resources/the-a-to-z-of-property-apps-part-one/2014021867864&amp;sa=U&amp;ei=0ToZU9ikIc3boASt_YKIDA&amp;ved=0CAcQFjAB&amp;client=internal-uds-cse&amp;usg=AFQjCNEIkDNrNoLJspRNPCVLVfAp_yGeUA" data-ctorig="https://www.propertyobserver.com.au/resources/the-a-to-z-of-property-apps-part-one/2014021867864">The A to Z of property apps: Part one</a>
<a href="https://www.propertyobserver.com.au/resources/the-a-to-z-of-property-apps-part-2/2014022367865" target="_blank" data-cturl="https://www.google.com/url?q=https://www.propertyobserver.com.au/resources/the-a-to-z-of-property-apps-part-2/2014022367865&amp;sa=U&amp;ei=0ToZU9ikIc3boASt_YKIDA&amp;ved=0CAkQFjAC&amp;client=internal-uds-cse&amp;usg=AFQjCNEY2vpY9iVW4yjHbPd0kv_sFUw5ZA" data-ctorig="https://www.propertyobserver.com.au/resources/the-a-to-z-of-property-apps-part-2/2014022367865">The A to Z of property apps: Part two</a>
<a href="https://www.propertyobserver.com.au/news/the-a-to-z-of-property-apps-part-three/2014030267866" target="_blank" data-cturl="https://www.google.com/url?q=https://www.propertyobserver.com.au/news/the-a-to-z-of-property-apps-part-three/2014030267866&amp;sa=U&amp;ei=0ToZU9ikIc3boASt_YKIDA&amp;ved=0CAYQFjAA&amp;client=internal-uds-cse&amp;usg=AFQjCNFLNUjgvNImqRF-mySDcJASOGen7g" data-ctorig="https://www.propertyobserver.com.au/news/the-a-to-z-of-property-apps-part-three/2014030267866">The A to Z of property apps: Part three</a>                        
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The A to Z of property apps: Part four

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Brought to you by
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Choosing an apartment within an off the plan development might seem like a daunting task. However, once you have completed the trickier task of researching the complex that is right for you, finding the right apartment only comes down to a few things.
The number one factor to consider is your price range.
Melbourne Real Estate sales director Georgina Mellick says when potential buyers are choosing between a variety of floor plans within a development, she looks at price range first, and then their wish list.
“First up is the price range and then the outlook, as some people will have a preference for sea views, an easterly view or a garden view,” she says.
“We always have floor plans we prefer and we show those first.”
Property Searchers managing director Scott McGeever says living areas of the unit should be orientated away from the west or south, but Mellick says, come re-sale time, she doesn’t notice a difference with a unit’s aspect.
“I find that when selling them off the plan they tend to be more popular, but in the secondary sales, as long as the outlook is really good, it doesn’t really have an impact whether it’s north or south or west,” she says.
Mellick says higher levels in a complex are always preferred as they have a better outlook, however a lower level is fine if it has a good outdoor area attached.
Research by <a href="/news/apartment-levels-giving-you-more-bang-for-your-buck-which-floor-would-you-choose">Brisbane-based property analyst Think Matusik</a> says levels three to eight sell more quickly and are generally held the longest.
Think Matusik says the best value for money in highrises is the level below the sewerage and water pipes – floors seven to eight – as the ceilings height is slightly higher.
Apartments with a better aspect and/or view will most likely attract a higher rental yield than a lower floor apartment, but it comes down to whether you are purchasing as an owner-occupier or an investor.
If you are purchasing as an investor, it’s important to keep in mind tenants expectations, such as a car space, which could increase your asking rent.
If your chosen development is in a busy area where there is limited street parking available, a car space could be a huge draw card as an investor.
Property investor <a href="/expert-insights/investing/the-10-things-a-tenant-wants-in-a-top-dollar-apartment-cameron-mcevoy">Cameron McEvoy</a> says to ask local agents what the going rental rate is for a unit with parking included compared to one without, and if different parking types attract higher rent.
If you are buying as an owner-occupier and the development is located on a busy road, McEvoy says traffic noise is something to consider in the choosing process.
McEvoy says if double-glazed windows aren’t built in, this should be a negotiation point when buying.
Lastly, Mellick says to avoid apartments that are a ‘dime a dozen’ type.
“The actual development size isn’t really an issue, it’s the quality of the development and whether it has characteristics.
“You want to buy into a development that has a lot of different floor plan options.”
One-bedroom units in high-rise complexes will fall into the trap of competing against a hundred other similar apartments in the same complex, which appeal to the same market.
Remember in order to choose the right apartment, factor in your budget and take the time to write a wish list of things that are important to you. Keep this list with you to ease the confusion in the buying process, and to avoid settling for something you’re not 100% happy with.
 
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How to: Choose the perfect off the plan apartment

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A small retail shop on the fringe of the Melbourne CBD has sold for $630,000. 
Located at 759 Bourke Street, the 57 square metre Docklands shop was sold on a net yield of 5.7%. 
It is leased to hair salon Blow Dry Bar, returning $41,600 plus GST.  
Fitzroys selling agent Andrew Hewett said astute investors were now considering Docklands again following the huge increase in population from rapid development over the past 12 years.
“There is no doubt now that Docklands has cemented itself as a large business precinct, connected to the CBD and boasting a number of attractions,” he said.
The Bourke Street shop is located between the two NAB office towers in Docklands and opposite the new purpose-built Medibank Private development.
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