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>
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Ellen Walker

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

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McGrath Estate Agents have announced the opening of a new office in Cooma NSW. 
This will be the third new regional office in the past two months, following opening in Albury/Wondonga and Mansfield in Victoria.
Founder John McGrath believes that affordability provides a huge incentive for regional migration as families reassess their lifestyle options.
Mr McGrath said, “COVID has definitely accelerated the ability to work remotely and areas within a two hour radius of large towns and cities I believe will be very much sought after, particularly as a commute has never been easier with new infrastructure that connects the modern worker more readily and easily.”
The Snowy Monaro Shire’s roots are rich in history dating back to the 1800’s, however Cooma’s name and reputation has been highlighted as it is at the centre of Australia’s largest engineering project, the Snowy Mountains Hydro Electricity Scheme. The Shire itself is the main gateway to the Snowy Mountains, Kosciuszko National Park and within close proximity to Canberra and Queanbeyan, and just 1.5 hours to the south coast beaches.
Christopher Mourd, Head of Franchise Network for McGrath Estate Agents said, “We see real growth and opportunity in these key regional areas as they have outperformed their capital city counterparts through COVID.” (source: CoreLogic July 2020)
He adds, “The Snowy Mountains of NSW are a key lifestyle market for our ACT and NSW client base, who are increasingly attracted by its relaxed way of life, affordable housing, and sense of community. Cooma is central to this market, serviced by a local airport, excellent infrastructure and connectivity, the Goulburn Bombala Rail line as well as good health and educational facilities.
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“The region traditionally is a mixed grazing area, however it has benefitted greatly from the Snowy Hydro Scheme, and the ski resorts within an hour of Cooma. However, 2020 has seen the full approval of the nation’s largest renewable energy project, Snowy 2.0 which is expected to create more than 2,000 jobs during the construction peak with thousands of jobs generated indirectly. With its added employment opportunities, we believe it offers excellent opportunity for growth in the next few years as a major regional hub for treechangers and young families.”  
McGrath Cooma will service the area from Michelago in the north to Delgate in the south; and Bemboka in the east to Thredbo in the west. Key suburbs will include Cooma, Bredbo, Berridale, Jindabyne and Thredbo.
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McGrath Cooma will be led by Principal Shannon Fergusson previously operating his own agency Fergusson Real Estate and Property with his wife, Rachel since 2010. Shannon has been in the industry for more than 20 years, and living in Cooma since 2005. 
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The average median house price for Cooma is $320,000 with Shannon Fergusson achieving recent sales results in the last six months including:
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44 Kiah Avenue Cooma – A street record for a four-bedroom home sold for $615,000
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6 Stratos Place Cooma – A street record for a four-bedroom home sold for $597,000
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9 Tulong Avenue Cooma – A street record for a five-bedroom home sold for $499,000
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McGrath pushes further into regional lifestyle areas with a new office in Cooma, NSW

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Hart House, at Great Mackerel Beach, has sold for a record equalling $3.3 million.
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Located just 10 metres from the ocean, the home was built by Nick and Louisa Hart after they paid $900,000 to buy entrepreneur Sam Ballas’s 630 square metre building block in 2014.
The Casey Brown design ­delivers the illusion from inside that the house is floating on the water, while the rear has views of the bush landscape.
Adjoining Ku-ring-gai Chase ­National Park, the building block had been bought by Ballas for $760,000 in 2001 from architect Lawrence Neild, who had paid $143,000 in 1986.
It was the same year when the ­retired corporate raider Sir Ron Brierley bought his longtime holiday home for $430,000.
The latest sale through LJ Hooker agent Peter Robinson matched the strip’s highest price 15 doors away in 2006 paid by Warwick White, the former managing director of Coca-Cola Amatil.
The highest in the interim was $2.7 million in 2009.
The futurist Anders Sorman-Nilsson, with his fiance, Nicole Banning, the designer-founder of Ephemera, bought the last weekender property that fetched more than $1 million last year.
Of the 100 homes, there are just 32 located on the “dress circle”. With access only by boat, listings are typically low and sales are slow.
Local agent Kathryn Hall has the latest shoreline listing.
This article was first published in the Sunday Telegraph. 
<a href="https://www.realestate.com.au/sold/property-house-nsw-great+mackerel+beach-131835494"> </a>
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Hart House at Great Mackerel Beach fetches $3.3 million

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Queensland Premier Annastacia Palaszczuk placed tighter restrictions on auction gatherings in Gold Coast homes from 8am, on Saturday, 29 August. 
“Coming into effect from 8:00am Saturday, we are going to extend those limits of people inside your homes to 10 people, and those gatherings outside to 10,” Ms Palaszczuk said.
“I think everyone would agree, we acted very swiftly when it came to those earlier cases with the Brisbane Youth Detention Centre and we know people travel a lot from the Gold Coast to Brisbane, and it makes sense to extend that.”
The Real Estate Institute of Queensland (REIQ) issued guidelines:
“Owners, tenants and agents must continue to take reasonable steps to encourage visitors to any premises to practise physical distancing and hygiene practices as required and that open home inspections, rental inspections and auctions be limited as required by the new directive.
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Gold Coast gets tightened auction restrictions amid COVID-19 concerns

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Despite weakened ratings over the opening week, Channel 9 is happy with The Block, now in its 16th season.
It part because it is not as expensive as other shows the network puts to air.
The Block premiered last Sunday with a subdued 947,000 viewers which was the weakest debut for a series since 2015 in South Yarra. It was down on 2019 when 991,000 tuned into the Oslo. The four interim years were all over one million viewers.
The Block then had 762,000 tune in last Tuesday night which was an increase on the 738,000 the show had on Monday night.
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Last week it was revealed the Nine Network was looking to dump some of its pricey shows such as The Voice.
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With the free-to-air television market struggling, the broadcaster’s parent Nine Entertainment has been focused on costs.
On an investor call after Nine delivered full-year results on Thursday, Nine chief executive Hugh Marks singled out The Voice, featuring singers Delta Goodrem, Guy Sebastian and Boy George, saying it was a “$40m cost in the schedule”.
“As you go forward those shows just, you know, get a little bit more difficult to hold onto,” Marks said.
Marks later told The Australian that Nine long-running renovation competition reality show The Block is “a third of the cost per hour of something like The Voice”, yet delivered an equivalent audience.
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The Block gets endorsement from Nine Network boss Hugh Marks

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The Sydney glamour couple Jennifer Hawkins and Jake Wall are the rumoured buyers of the prized oceanfront Rocca Bella estate at Whale Beach.
The oceanfront estate involves a huge renovation project ahead if it is the couple who recently secured the bullish $24.5 million sale of their home on Pittwater.
Rocca Bella was listed after its Point Piper-based owner Lorraine Tarabay decided not to proceed with ambitious new weekender plans.
It was offloaded for $6.95 million last month.
It previously sold in 2015 for $6.9 million, five years after the death of the soprano Dame Joan Sutherland.
On the peninsula’s largest oceanfront estate of 3300 square metres, the three-storey house remains in a 1950s time warp.
It had traded in 1977 for $167,000, but was seldom used by Sutherland and her widower conductor Richard Bonynge, who called Montreux, Switzerland, home along with a bolt hole in Potts Point.
It was 1990 when the opera world’s La Stupenda took her last standing ovation after an operatic career spanning almost five decades.
There are approved Campbell Architecture plans available for the next buyer.
The works cost for the four-pavilion home were estimated by architect Hugh Campbell to total $3.6 million, and would include gardens designed by Hugh Main at Spirit Level Landscapes. Also reinstated would be the overgrown tennis court.
Rocca Bella was listed back in late 2018 with $8 million hopes then returned to the market with revised $7.5 million hopes last February through LJ Hooker Palm Beach’s David Edwards.
The billionaire Atlasssian co-founder Michael Cannon-Brookes and wife, Annie were the mystery buyers of Casa Paloma, the Newport waterfront home of Jennifer Hawkins and Jake Wall.
It sold in late June the last days of what was the quietest of financial years for prestige sales having been listed with $20 million hopes.
It sold for $24.5 million, a new record for the northern beaches after a spike of buyer interest through Christie's International selling agent Ken Jacobs.
The prior highest sale was when the late Sam Chisholm’s Palm Beach home was sold to Caledonia fund manager Mike Messara for $24 million in February. 
It took the glamorous couple eight months to secure their buyer of Casa Paloma, which many inspectees suggested was the best built home on the pricey peninsula.
The four-level residence, designed by Koichi Takada on its 3360 square metre holding, sold just two days before June 30, and just short of three years after they moved in.
 
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Jennifer Hawkins and Jake Wall the $6.95 million rumoured buyers of Dame Joan Sutherland's Whale Beach estate

Kevin Parker has bought a house at Yallingup that has a recording studio overlooking the Indian Ocean and the Leeuwin -Naturaliste National Park.&nbsp;

Parker, who writes, records, performs and produces Tame Impala, has paid $2.75 million for Wave House, which is where he recorded the band's ARIA-award-nominated debut album, Innerspeaker, and his 2015 follow-up Currents.

The home has been a music mecca since it was built by US music producer Ken Eichenberg in the 1980s.

Through the years its attracted the Beastie Boys, The Waifs and Fatboy Slim to its in-house music studio.

It had a&nbsp;for $3.7 million asking&nbsp;price&nbsp;in June

It was sold to Parker and&nbsp;his wife Sophie, who live in Fremantle, through&nbsp;Lee York&nbsp;of JHY Realty.

The main residence sits over three levels, including four bedrooms which sleep up to 12 people and a main living area. There are a further two bedrooms in a second residence.&nbsp;

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Wave House, Yallingup sold to Tame Impala's Kevin Parker

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Danny Pavlovich, an entrepreneur and former elite bodybuilder, and his wife Suzie are set to emerge as the buyer of the iconic Dalkeith mansion once owned by late entrepreneur Alan Bond.

Their $27.5 million offer was accepted by its vendor, Sue Wyatt, who bought the property with her then-husband Steve for $39 million in 2011.

Pavlochich came to national attention when he was in the final stages of selling Nutrition Systems, a distributor of sport supplements &amp; nutritional products, to OBJ for $85 million late last year when COVID-19 hit and the deal fell through. 

Established in 1991, Nutrition Systems was one of the first companies in Australia to import health, wellness and sports nutritional products from the United States of America.

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Pavlovich, 51, has twice been a finalist in the EY Entrepreneur of the Year competition.

He also won the 2017 ICN World Natural Bodybuilding Championship. 

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The 6,405 sqm was subdivided in to six parcels, but sold in one line. 
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<div>Originally designed by renowned Perth architect Geoffrey Summerhayes and updated by Andrew Boughton, the 6406sqm estate is spread over six titles on a quiet cul-de-sac and takes in 270-degree views of the Swan River.</div>

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The iconic 3000sqm house is probably the most opulent property in WA, with six bedrooms, a 21-seat home theatre, a ballroom for 400 guests, a 10,000-bottle wine cellar, three luxury kitchens, 17 toilets, a gym, a billiards room, a sauna, a pool house, a children’s playroom, underground parking for 12 cars, a tennis court and a resort-style pool with swim-up bar.

The Pavlovich's will be moving from Nedlands where he only recently had a mansion built. 

It was sold by Bond's daughter Jody Fewster declined to confirm the sale price or the identity of the new owners.

“I don’t have any emotional attachment to the house other than a lot of memories of fantastic parties and [having] lots of friends over,” Ms Fewster said.

“It was so much fun for me to sell because it’s full of great memories – I got married on the tennis court and my husband proposed to me there."
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Danny Pavlovich and wife Suzie buy the iconic Alan Bond, Dalkeith mansion

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The retail veteran, former Woolworths and Myer boss Bill Wavish and wife Vonnie have snappily sold their Palm Beach weekender.
<a href="https://www.propertyobserver.com.au/%20%20%20%20https:/www.realestate.com.au/sold/property-house-nsw-palm+beach-134099254" target="_blank">The award-winning Bynya Road home</a> had a guide of $7.5 million with its buyer found in under two two weeks through LJ Hooker's Peter Robinson.
Wavish paid $5.45 million for the Michael Robilliard-designed home in 2009, shortly after he stepped away from his Myer chairmanship.
Back then it was known as Koombahla.
But the Wavish's haven't been using it much, and over their 11 year ownership it's been a pricey rental at times, fetching $25,000 a week in peak season.
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The hilltop 2,370 sqm tropical estate homes a six bed mansion built outs of timber, natural stone and glass.
The downsizing Wavish's have also sold their Kurrabba Point mansion.
 
 
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Bill Wavish sells Koombahla, Palm Beach weekender

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In the week that it launched No.17 William Street zoomed to the top of the realestate.com.au charts as the most viewed home in Tasmania.
Then over the past three weeks the circa 1900 cottage has piled up near 16,000 views on the property site — and counting. That’s a figure heading toward Tassie’s Top 10 most viewed of the year.
Property representative Brad Stephens from Devine Property said he had shown over 100 groups through the property and received over 50 email inquiries.
“It is such a unique little property … but the response, that has blown me away,” Brad said.
“And the consensus among my colleagues is that it’s among the worst they’ve seen. It fits that ‘worst house, best street’ moniker."
“Interestingly, the majority of interest we’ve had is from people who want to restore what is there. They want to rebuild it from the inside out and restore it to its former glory."
<div class="sc-pZzYQ sc-oTcDH gPJTIP"><img class="sc-qYHHM dyhwPj size-full wp-image-609617" src="https://www.realestate.com.au/blog/images/1280x720-fit,progressive/2020/08/27100901/capi_72e7cb2de240e8406d868844054a690c_2309f6b1e92f5f3fc6203f583a4ca5f6.jpeg" alt="" width="884" height="497" data-capiid="2309f6b1e92f5f3fc6203f583a4ca5f6"></div>
The 77sq m weatherboard cottage offers a two-bedroom single-bathroom floorplan.
There is a combined living and dining space, a kitchen and a separate outhouse.
Mr Stephens said while the property was not listed on the Tasmanian Heritage Register, he recommends prospective purchasers make their own inquiries prior to bidding at auction.
No.17 William Street, West Hobart is heading to auction on Saturday August 29 at noon.
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Why a West Hobart dump is a top viewed Tasmanian listing in 2020

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The Tuscany home of the late, famed Australian painter Jeffrey Smart, has been relisted for sale by its Australian owners, telecommunications entrepreneurs, Steven and Leanne Grives.
The 600-year-old Tuscan villa was sold five years ago following Smart's death in 2013 aged 91.
It was art dealer Philip Bacon who secured the Australian buyers of Posticcia Nuova which had been bought in the early 1970s by Smart and his partner Ermes De Zan.
Christie's International's Ken Jacobs had listed it with an A$2,658,000 asking price in 2015.
The Fonebox telecommunications entrepreneurs, Steven and Leanne Grives are now seeking €3.2 million (AU$5.29 million).
The stone farmhouse in the Chianti Hills, near the town of Greve, and about 1.5 hours from Florence, was originally part of the noble Florentine Sierristori family estate.
With the great agricultural reform ordered by Grand Duke Leopold II the land which nowadays houses the villa entered the possession of the Serristori family, owners at the time of a great villa in Figline Valdarno which was then gifted for the creation of a hospital (named Ospedale Serristori) which still remains the reference point for Valdarno.
Its old barn was turned in to a painting retreat. 
The grand estate sits in 15.7 hectares of private botanical garden surrounds, with one hectare of agricultural land. 
In the grounds is a 14 metre swimming pool, accompanied by a two-level, self-contained pool house with gym and accomodation.
The income from the olive grove, in a good harvest year, is around €10,000 (AU$16,500).
There is also a small return on eggs and vegetables.
The estimated production of a vineyard of one hectare could be around 70 hectolitres.
There is an employee at the property – as the owners do not live in Italy – working five days a week plus a couple of hours in the weekend looking after chickens. His salary is €2,300 (AU$3,800) 
At the time Smart bought the historic farmhouse there was "no lavatory and one tap", he told ABC Radio a few years before he died. "I just adore it here."
In the 43 years following that purchase Smart and his partner Ermes De Zan restored the historic farmhouse, and have run a successful olive and sheep breeding operation on the 18 hectares.
There were 1500 olive trees, and six hectares dedicated to woods, leaving the remainder to breeding pedigree Suffolk sheep.
It is only the fourth time listed in six centuries.
 
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