Roseville is poised for a wave of new apartment development following the NSW Government's rezoning of land around Roseville Station under its Transport Oriented Development program.

The new planning controls have unlocked significant development potential within walking distance of the station, with a number of sites expected to be amalgamated and redeveloped in the coming years as developers seek to take advantage of the increased density allowances.

One of the more restrained developments in the precinct, and set among the first to be delivered having commenced well before the recent changes, is Hyecorp's Juliet. The boutique apartment project is already well under construction and remains on track to welcome residents by the end of the year, offering a markedly different proposition to many of the larger-scale developments now likely to emerge across the suburb.

[smartcode_project:default project_id=7395 project_image_fid=278194]

<a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet</a> will comprise just&nbsp;34 one-, two-, and three-bedroom apartments opposite Roseville Station. For Hyecorp, which has delivered projects across Sydney's Lower North Shore for more than three decades, Roseville presented a rare opportunity to address a growing gap in the market.

"<a href="https://www.apartments.com.au/developments/roseville-nsw-2069">Roseville</a> has long been one of the North Shore's most tightly held and desirable suburbs, offering a unique combination of village charm, established greenery, excellent transport connections, and proximity to some of Sydney's best schools and lifestyle amenities," Hyecorp said.

"We recognised a growing demand from local homeowners seeking to downsize without leaving the community they have built their lives around. The location presented a rare opportunity to create homes that cater specifically to that buyer profile."

[smartcode_project:default project_id=7395 project_image_fid=278196]

The six-level development has been designed by <a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a> as a collection of residences that feel more like homes than apartments. The brief centred generous floorplans, abundant natural light, quality finishes, and strong connections to outdoor space.

PBD Architects drew inspiration from Roseville's established garden suburb character, creating a building that sits comfortably within its surroundings rather than dominating them. The architecture incorporates natural materials, soft forms, layered landscaping, expansive balconies, and generous setbacks to strengthen the connection between residents and the suburb's leafy environment.

"The focus was on designing spacious, house-like residences for discerning owner-occupiers and downsizers who wanted to remain on the North Shore without compromising on comfort, privacy, or design," PBD said.&nbsp;

"Every apartment was to feel considered, timeless, and highly functional."

[smartcode_project:default project_id=7395 project_image_fid=278195]

Inside, residences feature engineered timber flooring, stone kitchen benchtops and splashbacks, integrated Fisher &amp; Paykel appliances, ducted air conditioning, and large outdoor entertaining areas designed to take advantage of district and treetop views.

Residents will also have access to a rooftop barbecue and lounge area, alongside practical amenities including parcel lockers, EV charging capability, bicycle storage, a dog wash bay, and a basement car wash facility.

The majority of purchasers so far have been local owner-occupiers from Roseville, Lindfield, Chatswood, Killara, and the broader Upper North Shore, many of whom are transitioning from larger family homes.

"Buyers are looking for spacious, house-like apartments that allow them to downsize without feeling like they are sacrificing comfort or functionality," Hyecorp noted.

"They value large kitchens, generous living areas, ample storage, quality finishes, secure parking, lift access, and low-maintenance living."

[smartcode_project:default project_id=7395 project_image_fid=278204]

Juliet sits directly opposite Roseville Train Station and within walking distance of Roseville Village, while Chatswood's retail and dining precinct is only minutes away. The development is also surrounded by some of Sydney's most established schools, including Roseville College, Ravenswood, Pymble Ladies' College, and Knox Grammar, as well as nearby parklands and golf courses.

Juliet is currently more than 75 per cent sold ahead of its anticipated completion in late 2026.

[smartcode_project_cta:default project_id=7395]

Joel Robinson

Juliet to sit quietly amid Roseville apartment boom

Sherpa Property Group has unveiled the third instalment of its Flourish series, securing full approval for the two-tower, $500 million Flourish Soleira development in Palm Beach.

<a href="https://www.apartments.com.au/new-apartments/flourish-soleira-1150-1154-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> will rise from a prominent site in the commercial heart of Palm Beach, the long-time home of Cash Converters and a range of local retailers.

The project will introduce a new retail and dining precinct at ground level, beneath 286 apartments.

[smartcode_project:default project_id=150017 project_image_fid=370959]

“We’re very committed to not only providing affordable residential offerings that are much needed in Palm Beach, but also delivering a vibrant new commercial heart that complements the extraordinary growth of the southern Gold Coast,” Sherpa Property Group founder Christie Leet said.

The development will sit under Sherpa's Flourish brand, which is aimed at providing a pathway into the beachside suburb for locals, first-home buyers and downsizers. In a move designed to assist first-home buyers entering the market, Sherpa has reserved all one and two-bedroom, one-bathroom apartments exclusively for eligible first-home buyers.

[smartcode_project:default project_id=150017 project_image_fid=370964]

“Our vision through Flourish is to create a vibrant retail and lifestyle focal point within the Palm Beach centre zone, delivering thriving communities underpinned by lifestyle-rich locations,” Leet said.

“So far, Flourish has been an incredible success, and we hope to carry this momentum as we progress the next two Flourish projects in Palm Beach.”

[smartcode_project:default project_id=150017 project_image_fid=371430]

Located across 1150-1164 Gold Coast Highway and 3 Sixth Avenue, the development will comprise two towers. The northern tower will deliver 154 apartments, while the southern tower will add a further 132 residences, helping address ongoing demand for new apartments in the tightly held coastal suburb.

Flourish Soleira will also feature the most extensive rooftop amenity offering ever delivered in Palm Beach.

The two towers will be connected by a skybridge, with residents gaining access to a rooftop recreation deck featuring a full-width swimming pool, hot and cold plunge pools, wellness spaces, a gymnasium, private dining facilities, massage treatment rooms, barbecue areas, a basketball court, golf simulator, indoor and outdoor dining spaces, sun lounges and extensive landscaping.

LPS Group is expected to start construction later this year.

Sherpa is already well advanced on construction of its debut Flourish project, Flourish Amargo, located just around the corner from Soleira. Meanwhile, Flourish Oasis, positioned opposite Amargo, recently commenced construction and has nearly sold out its collection of 47 apartments.

[smartcode_project_cta:default project_id=150017]

Sherpa unveils $500m mixed-use Palm Beach precinct, Flourish Soleira

Are mortgage holders set to get a reprieve from the RBA in 2026?

Big Four bank NAB believes so. They are now expecting the next move from the RBA to be a cut, rather than a hike, which they had pencilled in for August. They are unsure of the timing of the cut however, they note in their latest&nbsp;NAB Economics RBA Watch.

NAB Chief Economist, Dr Sally Auld, said recent data suggests the economy has lost momentum and the outlook for rates has shifted, noting that the broader economic backdrop has changed since earlier in the year.

“The next move in the cash rate is likely to be down, but the timing is uncertain," Dr Auld said.

"In February, growth was above trend, the economy was operating above capacity and there was uncertainty over the restrictiveness of rates. None of these conditions exist today,” she outlined.

Dr Auld said recent data pointed to softer momentum across the economy while acknowledging that at the same time, uncertainty remains a key feature of the outlook.

“Both Q1 GDP data and the NAB business survey suggest momentum in the economy has slowed, meaning that growth has likely peaked for the cycle. That said, we are cognisant there is still considerable uncertainty around the outlook, both with respect to activity and inflation.”

Dr Auld said inflation risks and labour market outcomes would be important to watch.

“On the prices side, we are still forecasting above target core inflation through to mid-2027. Margins will compress and weaker labour market outcomes are a risk.”

She said tighter financial conditions are expected to weigh on housing and activity.

“Tighter financial conditions will be reflected in a slowing in house price growth and housing credit growth. In summary, we have greater conviction that the next move in rates is down, but less conviction on the timing.”

Mortgage relief? NAB forecasts RBA rate cut, not hike, after softer economic conditions

A local downsizer has splashed $6.5 million on a penthouse in Perifa's Alex &amp; Willow development in Crows Nest. 
&nbsp; 
The purchaser sold their long-held family home in the area before embarking on a six-month search for the right apartment. After inspecting a range of options across the Lower North Shore, the buyer returned to <a href="https://www.apartments.com.au/new-apartments/alex-willow-crows-nest-82-90-alexander-street-crows-nest-nsw-2065">Alex &amp; Willow</a>. 
&nbsp; 
The buyer profile reflects the project’s broader purchaser mix. <a>Alex &amp; Willow</a> has attracted predominantly local downsizers looking to transition from larger homes without compromising on space or quality, alongside a smaller cohort of upsizers and investors drawn to the project’s location and design credentials. 
&nbsp; 
The milestone sale comes as the project, developed by&nbsp;<a href="https://www.apartments.com.au/developers/perifa">Perifa</a>&nbsp;and delivered by <a href="https://www.apartments.com.au/builders/versatile-made-construction">Versatile Construction</a>, both part of Versatile Group, reaches 60 per cent sold.

[smartcode_project:default project_id=6680 project_image_fid=371325] 
&nbsp; 
Eddie Mansour, Managing Partner of <a href="https://www.apartments.com.au/project-marketer/ray-white-projects">Ray White Projects</a>, said the result demonstrates not only a headline price but also depth of demand. 
&nbsp; 
“This is an exceptional outcome and a clear reflection of sustained buyer demand for premium, well-located downsizer product,” Mansour said.

“We’re seeing a consistent pattern of local homeowners selling family residences and reinvesting into high-quality apartments that allow them to remain within their community. Alex &amp; Willow has resonated strongly with this group because it offers genuine scale, thoughtful design and immediate proximity to the village.” 
&nbsp; 
The sale reflects a broader and consistent trend of local downsizers actively seeking high-quality, low-maintenance residences close to established village centres. Agents report that demand for this product type has remained resilient, particularly where developments offer a rare combination of scale, design quality and walkable amenity. 
&nbsp;&nbsp; 
Fabrizio Perilli, Managing Director of Perifa and Versatile Group, said the sale marks a defining moment for the project. 
&nbsp; 
“The penthouse sale is a strong endorsement of the quality we have delivered, alongside our partners, and the clear demand from local downsizers for premium, boutique residences in this location,” Perilli said.&nbsp; 
&nbsp; 
“Most importantly, we’re proud to see the Alex &amp; Willow community beginning to take shape. As we move closer to completion, we’re looking forward to welcoming residents and seeing the project come to life.”&nbsp;

[smartcode_project:default project_id=6680 project_image_fid=338516] 
&nbsp; 
Designed by <a href="https://www.apartments.com.au/architects/nettletontribe">Nettleton Tribe</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/richards-stanisich">Richards Stanisich</a>, Alex &amp; Willow is a boutique collection of generously sized two- and three-bedroom residences in the heart of Crows Nest village.&nbsp;

Completion is slated for early 2027.

[smartcode_project_cta:default project_id=6680]

Alex & Willow, Crows Nest penthouse sells off the plan for $6.5 million

Fresh from launching the first stage of its Wollongong precinct, <a href="https://www.apartments.com.au/new-apartments/keira-place-wollongong-120-122-smith-street-wollongong-nsw-2500">Keira Place</a>, builder-developer Urban Property Group has unveiled plans for the next phase of the masterplanned community.

Now on public exhibition through the NSW Government's Housing Delivery Authority pathway is a State Significant Development Application for a further 657 homes on the prominent gateway site opposite Beaton Park.

The proposal comprises three buildings, including two build-to-sell towers rising 25 and 30 storeys, delivering 391 apartments, alongside a 12-storey co-living building with 266 residences, making it one of the largest co-living proposals currently planned in regional New South Wales.

Of the apartments proposed in the build-to-sell towers, the majority, 310, are two-bedroom dwellings. The balance comprises 44 one-bedroom apartments and 37 three-bedroom residences. Apartment sizes range from around 50 sqm for one-bedroom homes to approximately 90 sqm for three-bedroom apartments.

<img alt="Smith St" data-entity-type="file" data-entity-uuid="19347059-1612-41a0-9c74-b86a657237f8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-10%20at%2010.02.18%E2%80%AFAM.png?VersionId=sWXnaCcA.cIC6N8YT1dg5pJ2e1V3Z6z7" />

The submission says the proposal has evolved significantly from its original Housing Delivery Authority application following extensive consultation with the State Design Review Panel and Wollongong City Council.

The final scheme has been designed to align with the emerging vision for the Flinders Street Precinct, an area identified by Council as a future high-density mixed-use neighbourhood capable of accommodating substantial housing growth close to transport, employment and community infrastructure.

According to the design report prepared by COX Architecture, the development aims to "deliver a built outcome consistent with the future character of the Wollongong CBD while responding to the site's unique constraints and opportunities."

"Our vision for the next phase of the site evolution in Wollongong is grounded in three design pillars that guide the design response: place, natural environment and celebration," COX said.

"Inspired by its surroundings and grounded in the stories of place on Wodi Wodi Country, the design proposal acknowledges the established character of its setting while creating a unique and timeless identity that sits harmoniously within it.

"The design proposal responds to its specific site conditions, acknowledging the vegetation, climate, wind conditions and solar access of the site."

The architecture responds directly to the site's position between Wollongong's urban core and its natural landscape setting.

COX identified views towards Mount Keira and the Illawarra Escarpment as defining features of the site, while the upper levels of the towers will also capture expansive views across the city and out to the Pacific Ocean.

The design team has positioned the tallest buildings closer to the rail corridor, where overshadowing impacts can be better managed while establishing a landmark built form on the northern approach into the city.

<img alt="Smith St" data-entity-type="file" data-entity-uuid="79580d5b-500c-4ebf-9629-797146a4a694" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-10%20at%209.51.59%E2%80%AFAM.png?VersionId=WbTB1EKSG.KDfsfz0F3wp1QVa2oCMGR5" />

Urban Property Group secured the 11,000 sqm Smith Street site in 2022 and has since progressed plans for the broader Keira Place precinct.

Construction recently commenced on the first stage of Keira Place, which will deliver 150 apartments across two residential buildings, including 27 affordable housing apartments and 18 specialist disability accommodation dwellings, alongside activated ground-floor retail and commercial space.

Urban Co-CEO Patrick Elias said the commencement of construction marked a significant milestone for Wollongong and reflected the developer's long-term commitment to regional cities.

"Today's groundbreaking is about turning approvals into homes and moving quickly to deliver much-needed housing in Wollongong's city centre," Elias said.

"Keira Place will provide a diverse mix of homes close to jobs, transport and services, while setting a high benchmark for quality, durability and consumer protection."

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/groundbreaking-marks-start-of-construction-at-keira-place-in-wollongong-cbd">Groundbreaking marks start of construction at Keira Place in Wollongong CBD</a>

&nbsp;

&nbsp;

&nbsp;

Urban Property Group unveils trio of towers for next stage of new Wollongong precinct, Keira Place

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

&nbsp;

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Staff Writer

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

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

<html><body>
<h2>Stockwell's South Brisbane Twin-Towner</h2>

<a href="/developers/stockwell" target="_blank">Stockwell</a> have recently lodged plans for a twin-tower residential development along Fish Lane, at 30 Merivale Street in <a href="/developments/south-brisbane-qld-4101">South Brisbane</a>.

From architects <a href="/architects/mode">MODE Design</a>, the development application features two thin residential towers, standing at 23 and 27 storeys tall. Incorporating 124 apartments and ample ground floor retail space, the project would further activate the already thriving Fish Lane precinct.

<figure><a href="/developers/stockwell" target="_blank"><img alt="" class="image-article_full_width_580px" height="354" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/0_0.jpg?itok=YcC8Uzbx" title="Build. Image supplied." width="580"></a>

<figcaption>Source: Built Brisbane/Linkedin</figcaption></figure>The design features elegant brickwork and planter boxes which bookend the building’s podium, with residential amenities such as the pool, gym, gardens and even a dog park located directly above. The <a href="/developments/west-end-qld-4101">West End</a> and <a href="/developments/south-brisbane-qld-4101">South Brisbane</a> areas have undoubtedly added a significant amount of new residents in the last few years, and the thousands of approved apartments will continue to add even more. With <a href="/developers/aria-property-group" target="_blank">Aria Living</a>'s Fish Lane Town Square also nearing completion, the precinct will further cement its status as a bustling hub offering the best of Brisbane’s food and art scene.

<h2> </h2>

<h2>Cedar Woods Unveiled Greville</h2>

<a href="/developers/cedar-woods" target="_blank">Cedar Woods</a> have unveiled plans for <a href="/new-townhouses/22-morris-street-wooloowin-qld-4030">Greville</a>, a new $180 million+ masterplanned community in <a href="/developments/wooloowin-qld-4030">Wooloowin</a>, which will feature a mix of terrace homes, apartments, and heritage residences. The urban village will be home to over 250 homes and apartments on completion, in addition to plenty of amenities for residents and a 4,000sqm park which will be open to the public.

<figure><a href="/new-townhouses/22-morris-street-wooloowin-qld-4030"><img alt="" class="image-article_full_width_580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/0-1_2.jpg?itok=4ojVbRLu" title="Greville Wooloowin. Cedar Woods." width="580"></a>

<figcaption>Source: Built Brisbane/Linkedin</figcaption></figure>Designed by <a href="/architects/rothelowman" target="_blank">Rothelowman</a>, <a href="/new-townhouses/22-morris-street-wooloowin-qld-4030">Greville</a> will contain three apartment buildings - the tallest of which will top out at six storeys, and its first stage of townhomes will offer city views for residents. With <a href="/architects/form-landscape-architects" target="_blank">Form Landscape Architects</a> also at the helm, the community will feature leafy, tree-lined internal roads and pathways, landscaped to create a lush family-oriented community within Wooloowin.

The name Greville pays homage to prominent architect Francis Drummond Greville Stanley who designed the Holy Cross Laundry situated on the site, which opened in 1889. Stanley’s other noteworthy designs include Brisbane's General Post Office and the Queensland Club.

<h2> </h2>

<h2>Ascot Aurora Construction Progress</h2>

Earthworks and early construction are well underway at Ascot’s massive new development, <a href="/new-apartments/ascot-aurora-104-lamington-avenue-ascot">Ascot Aurora</a> by <a href="/developers/poly-global" target="_blank">Poly Global</a>.

<a href="/architects/bda-architecture" target="_blank">BDA Architects</a> and Latitude 27 have designed a diverse range of 234 townhomes, free-standing residences, and apartments with wellness principles in mind to facilitate air flow, light and consideration for Brisbane’s subtropical climate.

The intertwined green spine, pocket parks, pedestrian walkways as well as bike paths are incorporated to promote ease of movement, walking and biking within the community. <a href="/new-apartments/ascot-aurora-104-lamington-avenue-ascot">Ascot Aurora</a> will also provide residents with an exclusive pool, function space, gym and media room.

All of the community facilities, green spaces and the highly anticipated 6,000m2 park are currently on track for completion in Q1 2021, with the on-site display suite due to open early next year as well.

<figure><a href="/new-apartments/ascot-aurora-104-lamington-avenue-ascot"><img alt="" class="image-article_full_width_580px" height="341" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/0-1_1.jpg?itok=q8q3HnXf" title="Ascot Aurora. Image Supplied." width="580"></a>

<figcaption>Source: Built Brisbane/Linkedin</figcaption></figure> 

For more from Built Brisbane, stay up to date with either <a href="https://www.instagram.com/builtbrisbane/" target="_blank">Instagram</a> or <a href="https://www.linkedin.com/company/builtbrisbane/" target="_blank">LinkedIn</a>.
</body></html>

Olivia Round

Stockwell's South Brisbane Twin-Tower; Cedar Woods Unveiled Greville; Ascot Aurora Construction Progress

<html><body>
Construction of the long awaited Minnippi 18-hole championship public Golf Course and club in Cannon Hill is underway after receiving approval from Brisbane City Council earlier this year. 
The golf course stretches between the Fursden Road playing fields at Carina and the hill beside Cannon Hill Shopping Centre. 
The golf course will be the first of its kind for the area and will have everything for golf beginners to championship professionals, with a standard championship length 18-hole game, two nine-hole courses and a shorter six-hole course. 
The 125 hectare site which the public golf course is being built on is located on the unused Brisbane City Council land on the western side of Bulimba Creek, east of Creek Road and north of Fursden Road at Cannon Hill. Bulimba Creek separates the development site from the existing Minnippi Parklands recreation area. 
Along with construction delivered by one of Australia’s biggest construction companies, BMD, Council have planted 80,000 native trees on the site. The golf course is effectively an expansion of the Minnippi Parklands at Tingalpa and will remain in public hands and be operated by the council.

This year’s pandemic has seen a tough year for construction, however the golf course moves ahead into its next stage, which will provide a great boost for local jobs and supplier opportunities. The course surrounds and brings a picturesque backdrop to Azure Development Group’s recently completed residential enclave, Cornelia Edition. 
Cornelia Edition is an exclusive gated community offering 31 luxury golf course terraces with resort-style amenities for residents. Primely located in the East Brisbane suburb of Cannon Hill, the terraces interact directly with the new golf course and benefit from the areas diverse and amenities with a strong community feel.

Cornelia Edition brings resort living inspired by the Palms Springs lifestyle with resident amenities including a large resort-style pool, outdoor lounge, fireplace, and open leisure area with a selection of terraces enjoying uninterrupted views of the parklands. 
Residents of Cornelia Edition will benefit from the lush green views of the high end golf course by having a direct interface to one of the holes and the natural amenity of the community. Parks, connected bikeways and the convenience of good public transport provides residents with a peaceful and easy lifestyle.

Construction on the exclusive housing enclave has completed and work on the golf estate is expected to be finished in 2022.
</body></html>

Nick Dante

Construction of Brisbane's first new and highly anticipated golf course in 70 years has begun

<html><body>
Duke Ventures' latest residential development, Duke Apartments, is primely located in the popular northern Melbourne suburb of Collingwood and only a few minutes from the CBD. 

Designed by DP Toscano Architects, this collection welcomes a modern aesthetic and air of sophistication that embraces top quality fixtures and fittings throughout the luxury build. 

We caught up with David Lamond, Director at Noorden Property to learn more about the inspiration behind the project and some of its stand-out features that make this such a sought after development. 

<figure><a href="/buildings/duke-apartments-collingwood-93-wellington-street-collingwood"><img alt="" class="image-article_full_width_580px" height="445" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/duke-apartments-93-wellington-street-collingwood-f0ac0ddc5e631a9ca9cbd15da42ab7bb_0.jpg?itok=eENn1Za8" title="Dukes. Image supplied." width="580"></a>

<figcaption>Duke Apartments. Image supplied.</figcaption></figure>Urban: Which aspects of <a href="/buildings/duke-apartments-collingwood-93-wellington-street-collingwood">Duke Apartments</a> are you most proud of and why?

David Lamond: Our building design responds to contemporary life and, in particular, to our society’s changing expectations to residential living within an urban context. We are offering apartments of a size, layout and quality that make a significant contribution to the inner city area, and which also form a key part of our commitment to an integral sustainable development model.  
  U: If a buyer was deciding between Duke Apartments and a similar residential development in the area, what do you think makes Duke Apartments unique and the favourable option?

DL: You own a whole level property – your own private lobby when you step out of the lift in your own apartment. Also high ceilings opening up and letting in so much natural light.

<figure><a href="/buildings/duke-apartments-collingwood-93-wellington-street-collingwood"><img alt="" class="image-article_full_width_580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/duke-apartments-93-wellington-street-collingwood-cb376059853f73cbc08cd7cb58596004_0.jpeg?itok=ysJ8QPH3" title="Dukes. Image supplied." width="580"></a>

<figcaption>Duke Apartments. Image supplied.</figcaption></figure>U: In your opinion, what are some of the best amenities on-site or nearby? 

DL: You live in Collingwood – so many options of great coffee (my favourite is from Mr Peel on Peel street) walking distance to the CBD, public transport and restaurants of Smith Street (right around the corner)

U: What was the inspiration behind the design of the development?

DL: We bring a total design-oriented approach to property development 
The design for Duke Apartments, Collingwood, presents an architecturally crafted, small residential development that speaks directly to the context of the site and surrounds, and to its industrial history.

<figure><a href="/buildings/duke-apartments-collingwood-93-wellington-street-collingwood"><img alt="" class="image-article_full_width_580px" height="483" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/duke-apartments-93-wellington-street-collingwood-94e2fddb388949deadbb462acb7d84d6_0.jpg?itok=HEbncDkx" title="Dukes. Image supplied. " width="580"></a>

<figcaption>Duke Apartments. Image supplied.</figcaption></figure>U: If you had to use only five words to describe Duke Apartments, what would they be? 

DL:

<ul>
<li>Design</li>
	<li>Quality</li>
	<li>Style</li>
	<li>Sustainability</li>
	<li>Liveability</li>
</ul>
</body></html>

linda_53241

Melbourne apartment of the week: Duke Apartments, Collingwood

<html><body>
Championed by the NSW Building Commisioner and Urban Taskforce as a project which is "setting the standard" for off-the-plan developments in Sydney, Billbergia's <a href="/buildings/rhodes-central-stage-1-8-walker-street-rhodes">Rhodes Central</a> masterplanned precint is designed to become a future Sydney landmark.

We caught up with Rick Graf, Development Director at Billbergia, to learn more about what buyers can expect from the highly anticipated luxury residences. 

[smartcode_project:default project_id=21701]

Urban: Which aspects of the <a href="/buildings/rhodes-central-stage-1-8-walker-street-rhodes">Rhodes Central</a> development are you most proud of and why?

Rick Graf: First and foremost, as the latest news, we have just finished an OC audit inspection for Rhodes Central. David Chandler, the NSW Building Commissioner and Urban Taskforce published an official statement praising Billbergia for its effort and setting a benchmark for the industry in developing and building Rhodes Central. We’re very proud of this achievement because we’re committed to delivering high-quality buildings. Please read the excerpt from the statement below:

<blockquote>
Already the OC Audit program is revealing examples of both excellent and poor practice. Often the good practices are under reported. It is these projects that set the benchmarks that those who have yet to make a commitment to building trustworthy buildings must seek to aspire. While it is important to call out poor practice players, it is equally as important for consumers to understand that the majority of developers and builders are committed to delivering high quality buildings.

 Companies ranging from the big end of town right through to small players are setting the standard with projects like Ora Doll’s Point by Helm, Meriton Suites Waterloo, Billbergia’s Rhodes Central, St Leonard’s Square by Mirvac. These companies have stable teams of managers, designers and contractors. For the consumer as well as the builders and surveyors, these are vital considerations in selecting a property to purchase.

 “We’re not just here to spot the problems,” says David Chandler. “We’re here to inspire excellence. That’s how we’ll rebuild consumer confidence and get our industry firing on all cylinders. I want people to know what we expect and what to aim for. We all want to be proud of what is being achieved and I know our industry can be world-class.
</blockquote>

Another aspect is that we have created a centrepiece for the entire Rhodes peninsula and an iconic landmark building in collaboration with renowned Architects SJB. We are also in a unique position where we can contribute to the infrastructure by upsizing the train station, fix the roads, operate a free community shuttle bus, build 3 levels of retail, the Community Recreation Centre, parks and schools.

So we’re not just an “in and out” kind of developer. We are committed to the Rhodes community long term. And Rhodes Central is crowned be the latest technology heliostat – that has only been done once before, a decade ago in the Sydney CBD.

<figure><a href="/buildings/rhodes-central-stage-1-8-walker-street-rhodes"><img alt="" class="image-article_full_width_580px" height="322" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/rhodesstationprecinctupdate_s010_ext_superman_final2000.jpg?itok=J7bpqy3g" title="Rhodes Central. Image supplied. " width="580"></a>

<figcaption>Rhodes Central. Image supplied.</figcaption></figure>U: If a buyer was deciding between Rhodes Central and a similar residential development in the area, what do you think makes Rhodes Central unique and the favourable option? 

RG: By buying in Rhodes Central you are making a statement to yourself. Iconic building with high-quality build and finishes, by a trusted developer &amp; builder. There is no comparable development in the area. Rhodes Central brings the first brand new apartments available since 2015!

It is however, comparable to our award-winning Marina Square in Wentworth Point and Brisbane Skytower in Brisbane – Project-of-the-Year 2020, which also took central stage in the respective areas and maintain a commanding presence. In addition, all our standard features like ILVE kitchens, Villeroy &amp; Boch vanities, double glazed windows, thick stone benchtops, smart-home Urmet technology, etc…

<figure><a href="/buildings/rhodes-central-stage-1-8-walker-street-rhodes"><img alt="" class="image-article_full_width_580px" height="370" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/blbg3425_rhodes_in03_apt.a.27.07_kitchen_dawn_upgrade_copy.jpg?itok=z1OE0Qei" title="Rhodes Central. Image supplied." width="580"></a>

<figcaption>Rhodes Central. Image supplied.</figcaption></figure>U: In your opinion, what are some of the best amenities on-site or nearby?

RG: On-site: Level 4 podium garden exclusively for residents, 3 levels shopping centre in the complex, full-size Woolworths, retail and residential is connected directly to the train station via a pedestrian overpass, recreation centre coming in Stage 3 (under construction) 
Nearby: an abundance of parks and waterways, with Rhodes central offering the best water and city views in the whole peninsula. Steps from IKEA and Cinema (Reading), cycleways, gyms, many dining options.

<figure><a href="/buildings/rhodes-central-stage-1-8-walker-street-rhodes"><img alt="" class="image-article_full_width_580px" height="527" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/blbg3425_rhodes_in05_apt.a.34.09_bathroom_dawn_upgrade_copy.jpg?itok=C-psDGAT" title="Rhodes Central. Image supplied. " width="580"></a>

<figcaption>Rhodes Central. Image supplied.</figcaption></figure>U: What was the inspiration behind the design of the development?

RG: Contemporary architectural design for the dominant building in the absolute centre of the Rhodes Town Centre, connected directly into Rhodes Railway Station. The highest standards of sustainability are integrated into the tower’s powerful form as the centrepiece of the Station Gateway Precinct. The top of tower is crowned by golden bands and a heliostat to focus full sunlight into the Union Square forecourt.

<figure><a href="/buildings/rhodes-central-stage-1-8-walker-street-rhodes"><img alt="" class="image-article_full_width_580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/blbg3425_rhodes_in04_apt.b.27.07_kitchen_dawn_std_copy.jpg?itok=cbu4yUVW" title="Rhodes Central. Image supplied. " width="580"></a>

<figcaption>Rhodes Central. Image supplied.</figcaption></figure>U: If you had to use only five words to describe Rhodes Central, what would they be? 

RG:

<ul>
<li>Iconic</li>
	<li>High-quality </li>
	<li>Industry praised (awarded) </li>
	<li>Connected</li>
	<li>Convenient</li>
</ul>
</body></html>

Sydney's apartment of the week: Rhodes Central, Rhodes

declan.gregory

11 New Apartments in Brisbane under $750k 

<html><body>
EXPERT OBSERVER
The Reserve Bank (RBA) maintained its targets for the cash rate and 3-year government bond yield at 0.25 per cent (quarter of a per cent or 25 basis points). The Reserve Bank left the door open to further easing.
What has changed since the last Board meeting on September 1?
After slipping by 0.3 per cent in the March quarter, the Australian economy contracted by 7.0 per cent in the June quarter (survey -6 per cent). It was the biggest quarterly decline in output since quarterly records began in 1959.
The NAB business confidence index improved from -8.2 points to -3.8 points in September. The business conditions index improved from -6.2 points to an 8-month high of +0.4 points.
The US President and First Lady both tested positive for the COVID-19 virus.
Employment rose by 111,000 in August (survey forecast: -35,000). The unemployment rate fell from a 22-year high of 7.5 per cent to 6.8 per cent in August (survey forecast: 7.7 per cent). It was the biggest monthly fall in the jobless rate in 32 years (July 1988).
The US Federal Reserve left the target range for the federal funds rate between zero and 0.25 per cent. All but four policymakers expect rates to remain near zero through to 2023. The Fed will target an inflation rate a little above 2 per cent.
Retail trade fell by 4 per cent in August after rising by 3.2 per cent in July. Retail trade is up 7.1 per cent over the year.
The CoreLogic Home Value Index of national home prices fell by just 0.1 per cent in September. Prices were up 4.8 per cent over the year.
Private sector credit (effectively outstanding loans) was broadly unchanged in August (survey: -0.1 per cent) to be up 2.2 per cent on the year – the slowest annual growth rate in over 10 years.
Total household wealth rose by 1.5 per cent to $11,131.8 billion in the June quarter, a partial reversal of the 2.5 per cent fall in the March quarter.
The Aussie dollar has eased from US74 cents to US70-72 cents.
The assessment
The Reserve Bank has left the door open to more stimulus. But at present there is no reason to be contemplating options. The Reserve Bank may consider further ‘monetary easing’ but that may not mean more rate cuts, rather bond purchases.
Perspectives on interest rates
The Reserve Bank has left the cash rate at a record low of 0.25 per cent after previously cutting rates on March 3 and March 19, 2020, each by 25 basis points. There have been 17 rate cuts since November 2011 with the cash rate cut from 4.75 per cent. Previously rates rose seven times from October 2009 to November 2010 from 3.00 per cent to 4.75 per cent.
What are the implications of today’s decision?
Interest rates will remain at record low levels until at least 2023. That is the good news for the business sector and home buyers. People can go about their lives and not have to worry about rates rising or falling.
The Federal Budget is handed down in a few hours’ time. The intention is to create and maintain jobs, and that is better achieved by fiscal measures rather than monetary policy. The Reserve Bank noted that ‘addressing the high rate of unemployment’ was a ‘national priority.’
There are actually two key factors that will influence economic recovery: jobs and confidence. And the best way the Reserve Bank can boost confidence is to leave interest rate settings unchanged. Consumers must have confidence to spend and business must have confidence to employ, spend and invest.
If the job market was to weaken markedly, the Reserve Bank could certainly contemplate a modest rate cut from 25 basis points to 10 basis points. Or increase government bond purchases. Discussion about negative interest rates would probably return as well. But it is clear that the Bank now can only do so much – stimulus is more a matter for federal, state and territory governments.
And of course, success at achieving solid economic recovery is to a large extent out of policymaker hands. It’s all about ‘flattening the curve’, virus treatments and vaccines.
Craig James, Chief Economist, CommSec
</body></html>

cjames-5S2v74qSNK

RBA's focus is on jobs: CommSec's Craig James

<html><body>
The trend of ­Melburnians buying in Byron Bay continues. The latest is the South Melbourne-based comedian turned producer Santo Cilauro.
Best known for his portrayal of Geoffrey Slater, the weatherman in the ABC comedy series Frontline, Cilauro has paid $2.2 million for a retreat, set within the private compound The Villas of Byron.
<div class="mod" lang="en-AU" data-md="61">
<div class="LGOjhe" data-attrid="wa:/description" data-hveid="CAwQAQ">
<div class="g">
<div class="rc" data-hveid="CA4QBQ" data-ved="2ahUKEwjtxJ628oLsAhVlzjgGHcMkBW0QFSgCMAJ6BAgOEAU">
The project is the brainchild of local tourism entrepreneur Sein Lowry and his interior stylist wife and creative director Taliah Lowry, where cottages have been used as holiday lets with net incomes exceeding $80,000 annually.
Cilauro’s two-bedroom home with a separate home office is set in lush tropical rainforest.
The open-plan living area opens to the courtyard with pool.
First ­National Byron Bay agents Su Reynolds and Luke Elwin sec­ured the sale, with CoreLogic indicating the contracts were formally exchanged in August.
There are normally around 80 house sales every year at Byron Bay, which has 45 properties currently for sale.
The tourist town has recorded a $1.5 million med­ian house price over recent months, up on the $1.3 million during 2019, according to realestate.com.au.
Based on five years of sales, Byron Bay has seen a compound growth rate of 8 per cent for houses and 5 per cent for units. 
The latest prestige Byron Bay offering fronts ­Wategos Beach, the retreat of the Mosman headhunter, Geoff Morgan, co-founder of recruitment firm Morgan &amp; Banks, and his wife Ros.
The dress circle 664sqm Marine Parade property, tipped to fetch more than $20 million, last traded in 1994 at $1.24 million. It was built with recycled one-hundred-year-old timber.
This article first appeared in The Sunday Telegraph
</div>
</div>
</div>
</div>
</body></html>

firstname1-iYD4UYzvBa

Melbourne comedian Santo Cilauro buys in Byron

<html><body>
Interior des­igner grandads Mitch Edwards and Mark Mc­Kie, who starred in The Block 2019, are trying again to flip their North Bondi project which didn’t find a buyer last year.
The duo paid $855,000 for the 80sqm, two-bedroom apartment in mid-2018, and then revamped the decor.
It’s now back up for sale with just a few further tweaks by the professional property flippers, who have made it a bit more beachy.
Theirs has been the only sale in the tightly held Hardy St block of 16 in the past five years.
Vicki Laing and Steven Bullock at Laing Real Estate have a guide of $900,000, which saw it attract strong interest from first-home buyers at its initial open for inspection yesterday.
“There were no investors,” Laing advised.
North Bondi currently has 13 apartments for sale. Its ­median unit prices over the past year has been $1,250,000, with investment apartments typically being rented for $688 a week, reflecting a 2.9 per cent rental yield.
Based on five years of sales, realestate.com.au calculates North Bondi has seen 6 per cent compound unit price growth.
The duo’s renovation in late 2018 saw them rip up the tired carpet to highlight its whitewash floorboards. There was also a new kitchen, with a wall knocked through so it is now part of the open plan living and dining area.
The apartment has been their home base before and after the television series.
Mitch and Mark brought controversy to The Block last year when they ended up finishing last among the contestant couples, albeit pocketing $384,000 when their terrace home sold for $3.374 million after the conversion of St Kilda’s Oslo Hotel.
Mitch and Mark, who had been backed as favourites ­before the Channel 9 series began given their extensive renovation history, lost out to Queensland newlyweds Tess and Luke Struber, who took home $730,000 after their ­terrace soared past its auction reserve.
The Sydney couple had pocketed $3.5 million in gains from their resales of properties over the prior 14 years, excluding $560,000 in stamp duties plus estate agent and conveyancing fees.
Their latest abode project was bought after the show finished last year when they paid $1.7 million for a four-bedroom 1970s home at Newport with an elevated position and views to the coast.
They recently interrupted their own project to assist Married At First Sight couple Cameron Merchant and wife Jules Robinson who needed a makeover after they spent $1,806,000 on a family home in Cromer.
This article first appeared in The Sunday Telegraph.
</body></html>

The Block's Mitch and Mark relist North Bondi apartment

<html><body>
Rooville, a solid pale-brick home sitting on 6.5ha bushland in Lyonville, Victoria has hit the market with $1.85 million to $2 million hopes.
The postmodern style home at <a href="https://www.realestate.com.au/property-house-vic-lyonville-134378954" target="_blank">121 Frith Mill Road </a>features curved roof line, exposed internal timber pillars and exposed brick walls. 
The home offers centrally located open plan kitchen and lounge/dining with Ned Kelly woodier heater. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/9/14/lyonville%202.jpg" alt="">
The master suite with ensuite opens onto an east-facing deck with lake views. 
At the opposite end of the house, there are two additional bedrooms, bathroom and laundry or wet room.
There is a lakeside studio with loft bedroom and kitchenette. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/9/14/lyonville%203.jpg" alt="">
Additional features of Rooville include triple carport, woodshed, vegetable garden with berries and rainwater tanks. 
It is located close to the popular tourist towns of Daylesford, Trentham, Kyneton and Woodend. 
Kim McQueen and Robert Broadhurst of McQueen Broadhurst Real Estate Kyneton &amp; Dylesford have the listing. 
</body></html>

j.ballantyne1990-6AQqhLzZaK

Lyonville trophy home on 6.5 ha bushland listed

<html><body>
A Hawthorne riverfront home with 360 degree views of the Brisbane city skyline has hit the market. 
The 2,110 sqm site at <a href="https://www.realestate.com.au/property-house-qld-hawthorne-134248634" target="_blank">154 Virginia Avenue</a>, boasting a 27m river frontage with private pontoon, was originally owned by a former Brisbane Lord Mayor, Clem Jones. 
It was traded in 1985 when bought by flamboyant entrepreneur James Penny, who commissioned the five level home.
The current owner doctor, athlete and games designer Peter Hates has just completed a renovation. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/9/14/hawthorne%202.jpg" alt="">
It comprises five bedrooms in three separate wings, open living spaces, games and entertainment zone and five bathrooms. 
The home also features tennis court, riverside pool area with its own sandy beach, self-contained cabana, and rooftop terrace. 
There is latest smart home technology including an up to date Savant Pro system and six separate music zones throughout the house.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/9/14/hawthorne%203.jpg" alt="">
Located just 4km from the Brisbane CBD, the home is within close proximity to riverside parks, cafes, restaurants and cinema. 
Dwight Ferguson and Khaela Hawes of Ray White Ascot have the listing. 
The expressions of interest campaign for the property closes September 24. 
</body></html>

Latest Property News

Juliet to sit quietly amid Roseville apartment boom

Guides

Editor's Picks

Guides

Developments

New apartments

New townhouses

News

Latest Property News

Juliet to sit quietly amid Roseville apartment boom

Guides

Editor's Picks

Receive the latest news stories to your inbox

Guides

Developments

New apartments

New townhouses

News