An entity directed by HSN's Rafi Assouline and Rebel Property's Allen Linz has filed plans for an impressive new precinct in Woolloomooloo.

The major mixed-use development would transform a prominent William Street site into a new residential village anchored by affordable housing and a large public park.

The proposal, submitted as a State Significant Development Application, covers 164-172 and 174-194 William Street, a 6,398 sqm site between Forbes Street and Dowling Street on the southern edge of Woolloomooloo.

Designed by fjcstudio in collaboration with Bangawarra, Studio Bright and Tribe Studio Architects, the scheme would deliver 227 apartments across four residential buildings ranging in height up to 18 storeys, alongside retail space, public domain improvements and a new publicly accessible park.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="0eb59b7c-914a-4a5c-b849-3a56749f5e93" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.18.51%E2%80%AFAM.png?VersionId=mxM6EEqeoLjrCiTlCzTKTvzpKuh6kSkH" />

It's another design scheme for Rebel, who took <a href="https://www.apartments.com.au/news/nsw/first-look-rebel-property-group-takes-woolloomooloo-precinct-to-nsw-government">concept plans to the NSW Gov late last year</a>.

The latest plans will be a mix of 167 build-to-sell apartments and 60 affordable apartments, with the affordable housing component representing 15 per cent of the project's gross floor area. The apartment mix includes 12 one-bedroom, 53 two-bedroom, 89 three-bedroom apartments and 13 penthouses, while the affordable housing component would comprise 42 one-bedroom and 18 two-bedroom apartments.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="3b3d4553-8a8c-4af5-aa8c-519ffb1e28c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.20.12%E2%80%AFAM.png?VersionId=_Yb6ibN7eDnOtQjCNDK2eviORa4qzgv." />

Rebel Property is seeking to take advantage of the NSW Government's infill affordable housing bonus provisions under the Housing SEPP, which provide additional floor space and height in exchange for the delivery of affordable housing for a minimum of 15 years. The planning pathway allows a 30 per cent increase in floor space ratio and building height where 15 per cent of the development is dedicated to affordable housing.

&nbsp;

At the centre of the development is a 1,356 sqm sunlit public park designed to become a new community gathering space at the gateway to Woolloomooloo. The park would be complemented by a network of pedestrian laneways connecting William Street with the surrounding streets, improving permeability through what is currently a largely impermeable block.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="257af931-a393-4007-8c6d-7219796df58d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.20.51%E2%80%AFAM.png?VersionId=KAHy94GrhaReFsWTGDKfy39EDJ8gEEv4" />

The design team says the public domain has been heavily influenced by the site's topography and Aboriginal cultural heritage, drawing on the escarpments, gullies and landscape characteristics that historically defined the area before urbanisation. The landscape design has been developed in partnership with First Nations consultancy Bangawarra.

The project would be delivered across four separate buildings. The William Street East and William Street West buildings, designed by fjcstudio, would contain the majority of the apartments. Melbourne-based Studio Bright has designed the Forbes Street building, while Tribe Studio Architects is responsible for the Dowling Street building.

Rebel had secured approval for the concept plans late last year.

Joel Robinson

First look: HSN, Rebel, advances Woolloomooloo precinct plans

A locally heritage-listed furniture showroom on Water Street is set to become the centrepiece of a new mixed-use residential development as local developer&nbsp;<a href="https://www.apartments.com.au/developers/keylin-group">Keylin</a> seeks approval for <a href="https://www.apartments.com.au/new-apartments/lotus-on-water-street-290-water-street-fortitude-valley-qld-4006">Lotus on Water Street</a>, a 15-storey project on the Fortitude Valley side of Spring Hill.

The proposal spans 290 Water Street and 137-141 Warry Street, combining several properties into a 2,869 sqm site that sits between Fortitude Valley, Spring Hill and the rapidly evolving Victoria Park precinct. Keylin's plans would deliver 132 apartments alongside new retail, hospitality and commercial space, while retaining and repurposing the historic Brunswick Home Furnishers Showroom that fronts Water Street.

Designed by <a href="https://www.apartments.com.au/architects/jackson-teece">Jackson Teece</a>, Lotus on Water Street comprises a 12-storey residential tower rising above a three-storey podium and communal rooftop terrace. The development includes 76 apartments classified as multiple dwellings and a further 56 units proposed as short-term accommodation, designed to be flexibly used as either accommodation or permanent residences. The apartment mix comprises six one-bedroom, 54 two-bedroom and 16 three-bedroom homes.

<img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="9822bb79-6c49-49c9-95ba-319e8c8d81c3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20front.png?VersionId=ioW8zbN4UVebbLetTFuv92t.HkdgfR5e" />

Residents would have access to an extensive rooftop recreation level spanning more than 1,200 sqm of communal open space. Plans include a pool, gym, sauna, infrared sauna, yoga area, library, private dining room, barbecue facilities and landscaped entertainment spaces, making the rooftop the project's largest shared amenity offering.

At street level, the proposal focuses on the adaptive reuse of the heritage buildings along Water Street, where 518 sqm of retail and commercial space is planned across shop, office and food and drink outlet uses. A permeable residential lobby would be positioned between the retained heritage buildings, creating a pedestrian connection between the historic streetscape and the new tower behind.

<img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="269cf3e0-7d13-48bf-a318-05a00deb5c10" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20podium.png?VersionId=DLXmTCLsp6GOcLpQ0h.0z7wKCw59EhN_" />

The heritage retention strategy is central to the scheme. The development application notes that the Brunswick Home Furnishers Showroom and adjoining heritage buildings will remain, with only non-significant structures on the site earmarked for removal under a previously issued Heritage Exemption Certificate. Levels one and two of the new podium are recessed behind the heritage façades to maintain their prominence within the streetscape.

Jackson Teece has drawn inspiration from the site's manufacturing history when designing the podium. The planning documents state that the façade incorporates perforated metal screening that references the woven and rattan furniture historically produced on the site. Cascading and climbing plants are integrated throughout the podium to soften the building's presentation and screen parking levels behind. The landscape strategy also informs the project's name, Lotus on Water Street, drawing on the historic Spring Hollow waterholes that once ran through Spring Hill and the blue water lilies associated with Meeanjin, Brisbane's traditional name.

The proposal also incorporates the neighbouring property at 141 Warry Street, currently occupied by a healthcare service. The existing building would remain, with nine dedicated parking spaces allocated within the new development to support its ongoing operation. In total, Lotus on Water Street proposes 117 car spaces, including 110 resident spaces and seven visitor bays, alongside 100 bicycle spaces.

<img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="70cf07bc-4fd8-4e70-92dd-be8b21c4e4f0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20site.png?VersionId=txlxrJImM0Sm_vTzHVKh5DDUkyL_CiiA" />

The site sits within the Spring Hill East Precinct of the Spring Hill Neighbourhood Plan and is positioned around 650 metres from both Fortitude Valley Station and Exhibition Station. It is also within walking distance of the King Street precinct, Royal Brisbane and Women's Hospital, Herston Quarter and Victoria Park, which is earmarked to become a major venue precinct ahead of the Brisbane 2032 Olympic and Paralympic Games.

Planning documents describe the location as a key gateway between Spring Hill and Fortitude Valley and highlight the area's increasing importance as new transport infrastructure and Olympic-related investment reshape Brisbane's inner north. The development team argues the project will contribute additional housing supply while activating a section of Water Street that has historically received less investment than other parts of the Valley.

Keylin has become increasingly active across Brisbane and southeast Queensland, assembling sites in strategic inner-city locations. They are currently selling and delivering <a href="https://www.apartments.com.au/new-apartments/oria-spring-hill-447-gregory-terrace-spring-hill-qld-4000">Oria Spring Hill</a>, just over 140 apartments due for completion in 2027.

Keylin plans heritage-led Lotus on Water Street apartment development in Fortitude Valley

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]

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

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As a wave of urban greenery and urban food systems starts to tumble over our cities, it is no wonder that people are increasing the instances of urban beekeeping.

Whether it be tucked away in a public reserve, down the side of a North Fitzroy garden or teetering above Lonsdale Street, urban beehives are popping up all over Melbourne, and following a national and international movement towards urban beekeeping.

The humble bee, an ally for our food systems and horticulture, is the great pollinator that we desperately need. Amidst horror headlines of <a href="https://edition.cnn.com/2017/03/20/world/bees-eco-solutions/index">declining bee rates</a>, it's no wonder that our instinct is to adapt critters to our <a href="/news/city-of-melbournes-urban-forest-fund-will-open-up-to-second-phase-grants-on-aug-27th">curated urban world</a> – for our benefit and theirs.

Bees benefit from our agricultural, market gardens, and orchards, food systems both in the urban centre and outside, an encouragement of bee numbers is required to sustain these systems. With bees pollinating a least <a href="https://magazine.melbourne.vic.gov.au/rooftop-honey-harvest/">65% of the fruit and veggies</a> we eat, as Melbourne <a href="https://www.propertyobserver.com.au/https://www.abc.net.au/news/2018-07-18/melbournes-food-bowl-at-risk-as-housing-developments-grow/10006834">slowly grows into its own food bowl,</a> urban food systems will become important, but we can't do it without the bees.

Sure, everyone loves honey, but many people flinch if a bee buzzes past on its merry way, or shriek at the thought of swarming mass of honey bees floating through a park.

The preconception that bees will ultimately cause nuisance is the enemy of urban beekeeping, but there are standards in place to reduce the occurrence and reap the benefits.

With Australia as one of the last safe havens for the humble honey bee, the encouragement of them into urban areas is truly a no brainer. The Varroa mite is a parasite that feeds on the larvae on bees and has been devastating bee colonies all over the world. Australia can be seen as the "<a href="https://www.propertyobserver.com.au/https://www.abc.net.au/radionational/programs/earshot/the-last-golden-age-of-the-bee-people/11473396">last golden age of beekeeping"</a> as it has not yet reached our shores. Many people in the industry talk about 'when' rather than 'if' in regards to a Varroa invasion, a solemn group of people preparing for the inevitable introduction of this monstrous devourer of our beloved bee colonies, both rural and urban.

Therefore, the encouragement of bees in urban areas to bolster numbers and educate people about their importance is imperative in our golden age. Amongst this are the trailblazers, pushing apiary into the mainstream when a few years ago, most people were replying "Api-what?"

<a href="https://www.rooftophoney.com.au/">Melbourne City Rooftop Honey</a> are amongst the pioneers, encouraging bees back to the city and suburbs since 2010. The collective has 130 hives across Greater Melbourne and 30 in the central city, meaning there are tiny soldiers buzzing above our heads as you stroll down Lonsdale Street.

You can find hives above emporium, on top of famous Melbourne cafés and restaurants and stretched between suburbs and streets. You can sponsor hives, establish your own and purchase honey to taste the difference between a Northcote honey and Brunswick honey, a Little Bourke Street honey and a Lonsdale Street honey.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/picture_2.png" rel="gallery-all" title="Melbourne City Rooftop honey hives in action above the busy city streets. Credit: The Urban List"><img alt="" class="image-article-full-width-580px" height="381" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/picture_2.png?itok=AMsNpvbY" title="Melbourne City Rooftop honey hives in action above the busy city streets. Credit: The Urban List" width="580"></a>

<figcaption>Melbourne City Rooftop honey hives in action above the busy city streets. Credit: <a href="https://www.theurbanlist.com/melbourne/a-list/rooftop-honey">The Urban List</a></figcaption></figure><a href="https://www.backyardhoney.com.au/">Backyard Honey</a> is also paving the way with an urban apiary service allowing city dwellers to establish bees in their own backyard. Providing both skills and equipment to prospective urban apiarists and a support network for backyard bee information. It is a non-daunting approach to establishing bees with a whole lot of help and guidance from these guys.

<a href="https://www.instagram.com/honey_fingers/?hl=en">Honey Fingers</a> is another bee driven collective, combining urban beekeeping with art and education. Honey Fingers run talks and introduction to beekeeping courses for when it all looks a bit intimidating. This is a valuable tool for encouraging more people to consider the establishment of hives in their own urban spaces. There are many companies paving the way and bringing the bees back to the city, encouraging the everyday person to consider establishing hives in their backyards or roofs for the benefit of our mutual future.

If you want to follow in the footsteps of the many urban beekeepers in Victoria, then your bible will be <a href="https://www.propertyobserver.com.au/https://vgls.sdp.sirsidynix.net.au/client/search/asset/1145118">The Apiary Code of Practice</a>, prepared by the Department of Planning and Community Development.

There are standards, as with anything, to harmonize the activity with its surrounding context. The Apiary Code of Practice stipulates requirements for beekeeping within Victoria. All beekeepers keeping one hive or more must register with the Department of Primary Industries, and maintain all hives in a healthy condition.

An apiary can be used on land without a planning permit if all requirements of the Apiary Code of Practice can be met.

The common type of apiculture in urban areas is permanent occupation, popular with hobbyist beekeepers where apiaries are kept in small quantities for the extraction of honey and beeswax.

Hives must be managed appropriately, and in doing so can reduce problems associated with keeping bees.

Swarming is the natural instinct of the bee, usually occurring in spring, and is a way of reproduction when the single colony splits into two and departs for a new nest.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/picture_3.png" rel="gallery-all" title="Swarm in tree – Image Credit: Peace Bee Farm"><img alt="" class="image-article-full-width-580px" height="461" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/picture_3.png?itok=uXQpvr6l" title="Swarm in tree – Image Credit: Peace Bee Farm" width="580"></a>

<figcaption>Swarm in a tree. Credit: <a href="http://peacebeefarm.blogspot.com/2016/04/swarm-season">Peace Bee Farm</a></figcaption></figure>I remember walking to eat my lunch in the nearby park last spring to find it completely devoid of people. A couple of stragglers were hanging on the outskirts, milling about but I couldn't work out what was happening until I heard it, the low, deep buzz. A swarm had rested in a nearby tree and thousands were flying around the entirety of the park.

People were freaking out, but I was entranced. I sat and ate and watched as bees buzzed above my head in huge numbers. To me, it was a sight to behold – the exodus of so many bees, all collected in this tiny park wedged between a tram line and houses. It was cheering when the usual instances of bees in urban areas is a sad one nudging at your floral-printed bag or squirming in the dirt having been stepped on. Instead, there they were, present and resilient.  

Swarming is an instinct, and a feat to admire, but when the swarm attaches to your car door, or your letterbox or child's cubby house, you can see why people are fearful.

The use of artificial swarming can help to prevent swarms, by splitting up the hives yourself and reuniting them at a later time, simulating the act while removing the bee's impulse to do it.

Similarly, the expectation of the angry hordes of bees is managed by the utilisation of young queens of docile bee strains in urban areas and the use of smoke to aid in subduing bees while conducting maintenance on hives.

For the most part, bees are misunderstood and are generally not aggressive in the way that wasps can be. A considerable part of many urban beekeeping initiatives is teaching people to respect and even admire bees and understand them to take away the often misplaced fear.

As mentioned above, no planning permit is required, but all beekeepers must abide by the statutory requirements as detailed in the Apiary Code of Practice.

<ul>
<li>Hives density is enforced to reduce interactions between bees and people who live in urban areas.</li>
	<li>The 500m2 or less block are only allowed to have 1, with 500-1000 allowed to have 2 etc.</li>
	<li>Hives can be kept 3 metres from a boundary fence unless there is more than 2m, or impenetrable vegetation, and there are no windows to an adjoining boundary.</li>
</ul>
There are only a few statutory requirements for beekeeping, the rest is good management of hives, which is stipulated in the Apiary Code of Practice and is taught through beekeeping clubs, books and associations.

It is hard work, and even though nearly everyone can own a beehive, the reality is that it is a big responsibility and cannot be left unmaintained. However, as with most endeavours, good things take work. To <a href="/news/high-yield-produce-gardens-with-next-to-no-maintenance-are-set-to-transform-australias-apartment-gardens">benefit our food systems</a> and to bolster the bee population in Australia, urban beekeeping is vital.

Urban beekeeping and <a href="/news/environmental-stewardship-deserves-commendation-as-advocates-push-eco-accreditation">education</a> are so tightly entwined in order to reduce stigma and to harmonise bees in urban areas. So consider not calling the council if your neighbour has a beehive, because if you are grateful for the apple in your hand or the lavender growing on your windowsill and you might have some urban bees nearby to thank for that.

Lead image: Peter Dyer, found of Backyard Honey tending to urban bees. Credit: <a href="https://www.domain.com.au/news/backyard-beekeeping-australias-latest-urban-craze-20150823-gj5uu7">Domain</a>
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Plan Bee: everything you need to know about urban beekeeping

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Radio host Jackie O’s matrimonial Vaucluse home been listed with a $6.5 million price guide ahead of its March 31 Ray White auction.
She vacated the five-bedroom, three-bathroom home at 9 Cambridge Avenue home when she separated from her husband, photographer Lee Henderson in 2018.
The couple who'd been married for 18 years had transformed the home after they bought it <a href="/news/nsw/2day-fms-jackie-o-buys-family-home-in-vaucluse-with-five-bedrooms">for $2.7 million in 2012</a>.
<img src="https://www.urban.com.au/images/2020/3/5/Jackie%20O%20former%20home.JPG" alt="">
Woollahra Council records indicate dwelling house alterations and additions; a new swimming pool; and a new front fence and landscaping works costing $430,000 were approved in late 2012. In 2015 works for further alterations and additions including rear dormer to the attic and boundary fencing were approved at a $350,000 cost.
There is now 350 sqm internal space.
The rear garden has a children's cubby house of their only daughter.
The Domain website currently gives its price estimate as between $4.27 million to $5.45 million based on the estimate from APM of comparable sales data in the area.
It suggests the house is estimated to be worth around $4.86 million.
The realestate.com.au does not give a price estimate in accordance with their practice that once a listing goes live the estimate is de-activated.
Domain are bearish on Vaucluse's median price calculating it as down 7.5 percent in 2019 from $5,230,000 to $4,840,000.
Realestate.com.au calculate Vaucluse has 37 properties for sale. 
They put the median Vaucluse property price over the last year at $4,779,590 for houses.
The Bondi based renter has yet to be known as buyer although she missed out last year on a $5.86 million Vaucluse auction offering.
The Vaucluse home images show her walk-in still having her clothes, half empty racks of shoes and some jewellery along with Hermes and Chanel shopping bags.
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Jackie O seeks $6.5 million for former Vaucluse matrimonial home

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A major planning milestone was achieved last night when the City of Melbourne's Future Melbourne Committee unanimously backed the planning application for the Southbank by Beulah development - a proposal that if built would be Melbourne and Australia's next tallest building.

The UNS + Cox design was a result of one of Melbourne's most prominent design competitions to date and has been covered extensively here on Apartments.com.au. The planning application was lodged back in <a href="/news/beulah-international-submits-planning-application-for-southbank-by-beulah">August 2019</a>.

While the ultimate aye or nay is signed off by the Victorian Planning Minister - as the responsible authority for planning application of this scale, the City of Melbourne is a referral authority, and their endorsement will go a long way in helping the Minister make his decision.

There are some other planning hurdles to work through. Notably, aviation authorities are yet to sign off on the proposal as the East Tower's height - 365.1 metres - breaches the <a href="/news/aviation-impact-on-building-development-in-the-melbourne-cbd">PANS-OPS</a> controls for Southbank.

The FMC meeting noted that should aviation authorities reject the proposal as it stands, it is expected the east tower's height will likely be reduced by 11 metres in order to comply with aviation regulations government Essendon airport as they stand.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sbb2_0.jpg" rel="gallery-all" title="Southbank by Beulah. Image: UNS/Cox, Beulah"><img alt="" class="image-article-full-width-580px" height="497" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/sbb2_0.jpg?itok=GzPqY2vQ" title="Southbank by Beulah. Image: UNS/Cox, Beulah" width="580"></a>

<figcaption>Southbank by Beulah. Image: UNS/Cox, Beulah</figcaption></figure>341 one-bedroom apartments, 263 two-bedroom apartments, 146 three-bedroom apartments, 24 four-bedroom apartments and 15 penthouses will see the total apartments to 789 in the East tower. In terms of hotel rooms, there will be 202 and a further 120 hotel residences in the west tower, sending the total number of residential and hotel units over the 1000 mark.

The development will include just over 27,000 square metres of net leasable floor space for office uses. It will consist of over 32,000 square metres of gross lettable area for retail uses that includes food and drink premises and a supermarket.

A childcare centre will be present in the development which will take up 1,200 square metres of the net leasable area - enough space for 100 children. An exhibition centre (1438 square metres) and conservatory (1,758 square metres) are also included in the planning application.

The east tower, subject to aviation and Ministerial approval, will be 365.1 metres high over 102 levels.  The west tower will measure 250 metres across 59 levels.

For perspective, the west tower will be approximately the same height as the 80s-built Rialto Tower at 525 Collins Street. The east tower - subject to aviation approval - will be approximately 48 metres taller than Australia 108, the tower that is in the final stages of construction and the current tallest building in Melbourne.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sbb3.jpg" rel="gallery-all" title="Southbank by Beulah. Image: UNS/Cox, Beulah"><img alt="" class="image-article-full-width-580px" height="425" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/sbb3.jpg?itok=FWwrfD3P" title="Southbank by Beulah. Image: UNS/Cox, Beulah" width="580"></a>

<figcaption>Southbank by Beulah. Image: UNS/Cox, Beulah</figcaption></figure>Councillor Rohan Leppert endorsed the application,

<blockquote>
"I think the thought that has gone into the ground plane and the multistory activation - with the public access not just to the ground floor but further up the fragmented podium, if you like - of the building is brilliantly well thought through."
</blockquote>

Lord Mayor Sally Cap highlighted the accessibility and pedestrian thoroughfare benefits of the proposal - especially as it will create a thoroughfare for pedestrians from City Road, through the site and Freshwater Place and the river.

<blockquote>
"I think that those sorts of ways of providing accessibility through what could otherwise be viewed as fortresses in the sky, are really important and they do add considerably [...] to the sense of vibrancy and human activity."
</blockquote>

The Lord Mayor also noted council officers recommended several conditions and that they are aimed at improving the outcomes for Southbank and the city while retaining the vision for the project.

To view the Committee's deliberations, you can check out <a href="https://www.melbourne.vic.gov.au/about-council/committees-meetings/meeting-archive/pages/Future-Melbourne-Committee-3-March-2020.aspx">this video</a> on the City of Melbourne's website, the Southbank by Beulah discussion starts at 32 minutes and 36 seconds into the video.
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Alastair Taylor

City of Melbourne unanimously endorses Southbank by Beulah planning application

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The University of Sydney has announced new measures to reduce the growing financial impacts of the COVID-19 crisis, demonstrating the widespread effect the epidemic is having on economic confidence.
Current estimates predict that the University is facing a shortfall of more than $200 million as part of the $2.8 billion budget, according to Vice Chancellor Dr Michael Spence.
“We’ve always made responsible financial planning a priority and have a range of strategies in place to allow us to respond to a number of different financial scenarios, including this current one,” Mr Spence said.
“Our focus remains on the health and welfare of all our students and staff, both on campus and overseas, and in ensuring our world leading research and teaching can continue.”
“We know these measures will create some challenges, but they are aimed at ensuring we can continue to contain the financial impact of this ongoing global health crisis.”
The Vice Chancellor said the measures, which are drawn from the University’s longstanding financial risk mitigation plan, include a pause on all capital spending, project spending, recruitment, international travel, and a basis-by-basis revaluation of a contractors and consultants.
Two scenarios were modelled, with the first based on whether 8700 affected international students would have to defer one semester (Scenario 1) or 15,000 affected international students deferred the whole year (Scenario 2).
Under Scenario 1 we would see a reduction of approximately $1.4 billion to the NSW Gross State Product (GSP) with approximately 10,700 full time jobs impacted.
Under Scenario 2 we would see a reduction of approximately $2.2 billion to the NSW Gross State Product (GSP) with over 15,000 full time jobs impacted.
The top four affected sectors would be retail trade, accommodation and food services, professional, scientific and technical services and administrative and support services.
“This modelling makes clear that the benefits international students bring when they choose to study in Sydney go far beyond the university sector. For the state more broadly, for retailers, hospitality workers and tradespeople, international students are helping to keep the NSW economy turning,” the Vice Chancellor added.
“As always, the health and safety of our staff and students, whether here on campus or overseas, remains our highest priority and we will continue to follow NSW Health advice. As part of that we’ve stepped up the frequency of cleaning across campus; put up signage regarding hygiene practices and installed a large number of hand sanitiser units.”
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wdavis-8cCN98p7xp

Coronavirus threat compels Sydney University to introduce protective measures 

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The NSW Government will provide stamp duty relief for people who lost their homes during the bushfires and who choose to purchase a replacement home elsewhere rather than rebuild.
People purchasing replacement homes will only begin paying stamp duty once the amount payable exceeds $55,000. Stamp duty will therefore be paid on homes with a value $1.3 million or higher.
Deputy Premier and Minister responsible for Disaster Recovery John Barilaro, and Treasurer Dominic Perrottet, said the latest NSW Government assistance would enable people to get back on their feet and back into a new home faster.
“This is about ensuring people have the ability to buy a home to replace the one destroyed by fire and not have to worry about the substantial cost of stamp duty which can be tens of thousands of dollars,” Mr Barilaro said.
Mr Barilaro said 2448 homes were destroyed during the bushfires, with the Government-funded clean-up now well underway across the State.
Treasurer Dominic Perrottet said the stamp duty relief package would allow people much more flexibility and financial freedom as they made one of their most important decisions in the recovery process.
Information on how to apply for a refund and eligibility requirements will be available from Service NSW and Revenue NSW websites from March 10. Eligible people who have already paid duty will be able to apply for a refund.
HIA applauded the NSW Government for this decision.
“The Housing industry Association (HIA) welcomes the NSW governments announcement it will provide stamp duty relief for those people who have been directly impacted by the tragic bushfires that have swept across the state”, Executive Director NSW HIA David Bare said.
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j.ballantyne1990-6AQqhLzZaK

NSW Government providing stamp duty relief for homes lost in bushfires

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WestBeef, a modern beef cattle feedlot in the Wheatbelt region is for sale by expressions of interest.
It is registered for 7,500 standard cattle units with over 900ha of farming country located at Burakin near Lake Moore, 250km north-east of Perth.
Colliers International’s Jesse Manuel and Greg O’Meara have been appointed to sell WestBeef.
WestBeef has been operating as a custom feeding operation, currently holding around 7,000 head on feed.
Jesse Manuel, Colliers International Director of Agribusiness said the facility also can offer other livestock logistics services.
He said, “in addition to cattle finishing WestBeef can also be utilised as a quarantine depot and spelling facility, with these two important service offerings providing additional revenue opportunities."
“As a result of the highs in red meat prices in recent years, an increase in the production and marketing of branded beef products and the national dry conditions result in lower grass feed volumes, demand for lot feeding is currently strong," Mr Manuel concluded.
Rawdon Briggs, Colliers International’s Head of Agribusiness Transactions, said through his team’s work in the feedlot sector, there had been a noticeable trend towards custom feeding facilities, largely driven be beef producers seeking a finishing system to ensure they can provide a consistent product to the market year-round.
“Custom feeding has also allowed feedlot operators to de-risk their businesses by removing the need to fund the purchase of cattle on feed."
“While demand has been improving, buyers remain focused on quality assets within strategic locations to fodder sources and/or their preferred source of cattle, and in this regard, WestBeef is well-placed,” He concluded.
The property is for sale by expressions of interest closing March 19 2020.
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Modern Burakin beef cattle feedlot WestBeef listed

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Winners of The Block 2018 Hayden and Sara Vale have sold their North Bondi home for well above expectations.
The aparmtment went to auction in late February with with $1 million plus hopes and sold for $1.225 million.
It last sold for $975,000 in 2018.
The couple, who took out the top prize refurbishing an apartment at St Kilda’s former Gatwick Hotel, sold the property at <a href="https://www.realestate.com.au/sold/property-apartment-nsw-north+bondi-132812122" target="_blank">2/62 Blair Street</a>.
Located within walking distance of the beach the unit has been renovated by the couple.
Before the auction Ms Vale told Domain she and Hayden were more nervous about the upcoming auction than the one for The Block 2018.
They have plans to move down the caost to Stanwell park in northern Wollongong and are in the midst of building their "forever home."
It will be a 5-storey affair 500 metres from the beach.
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The Block 2018 winners sell North Bondi apartment

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Australian actress Asher Keddie and her artist husband Vincent Fantauzzo have listed their Elwood home.
The home of the former Offspring star is set for auction later in March.
It comes with a $2.4 million - $2.6 million price guide.
Caitlin Payne-Clarke, Matthew Pillios and Kaine Lanyon of Marshall White are marketing the four bedroom, two bathroom home at 57 Milton Street.
The couple purchased the home in 2015 for $2.061 million.
Marshall White Bayside partner Matthew Pillios said, "the Edwardian-style home, including the kitchen, has been meticulously renovated with one of the four bedrooms converted to an art studio where Fantauzzo, an Archibald prize winning artist, paints."
Pillios adds that the couple planned to be based in Melbourne.
Not too long ago, in 2017, they offloaded their 40-acre Ravenswood country retreat on Romsey Road for $2.1 million.
Asher Keddie is now starring in a new ABC and Netflix series Stateless.
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Australian actress Asher Keddie and artist husband list in Elwood

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Former NRL player Dave Shillington has listed his Grange home.
The Brisbane homstead is set for sale by auction in mid march.
Alistair Macmillan and Sam Hagen of Ray White are marketing the house.
Situated on Myrtle Street the abode holds significant history within the local area as the original dairy house.
Set on a level 810 sqm block, the listing notes that the home is full of Queenslander features and "ripe for a major renovation."
Built in 1929, Dave purchased the home for $680,000 in 2012.
He rented out the home through parts of 2013 - 2015 seeking $595/pw - $620/pw
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Former NRL player Dave Shillington has listed his Brisbane home

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Legendary surfboard maker Barry Bennett and his wife Margaret have bought a $10.3 million Manly penthouse.
It is in the recently completed Shoreline complex.
John Shanahan, former chief of market research firm Colmar Brunton and now chairman of the Advantage group, and his wife Michele have paid $8.5 million for the sub-penthouse
The Bennetts sold their Firelight apartment overlooking Fairlight Beach for $6.4 million.
The Bennetts had previously owned in the Waillea block on Fairy Bower which was sold in 2015 for $4.7 million.
The Manly record remains the Waillea building's $12.2 million sale in 2008 to former Greenville Caliburn chairman Peter Hunt and his wife, Ellie.
 
 
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