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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A trophy mansion in Strathfield has sold for $6,050,000.
The home, at 32-34 Barker Road, features five bedrooms, five bathrooms, twin fireplaces, a pizza oven, gym, sauna, an in ground pool, and floodlit tennis court.
It has 660 square metres of internal living space, with the entire block comprising 1,889 square metres.
It last traded in 2001, when it sold for $2.4 million.
Strathfield's median house price is $2.1 million.
Sam Georges and Joseph Georges, from Georges Ellis &amp; Co Strathfield, listed the property.
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j.ballantyne1990-6AQqhLzZaK

Barker Road, Strathfield trophy home sells for over $6 million

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The Burradoo house price record is set to be broken with the latest listing of a palace-style trophy home.
It could be the first home to break the $6 million barrier in the Southern Highlands locality.
The <a href="https://www.realestate.com.au/property-house-nsw-burradoo-132454310" target="_blank">6,290 sqm Werrington Street estate</a> last traded for $1.1 million in 2009 before a full scale renovation and extension saw another level added.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/11/19/Burradoo%204.jpg" alt="">
Now the home, marketed as an elegant country residence, has an asking price of $6.25 million through Drew Lindsay agent Karl Zabel.
The open plan living area, the centre-point of the home, features Egyptian limestone flooring and ornate antique fireplaces.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/11/19/Burradoo%202.jpg" alt="">
There are four bedrooms, including a master retreat with dressing room, ensuite and a garden-view balcony, accessed through timber French doors.
The wide wrap around verandahs and paved entertainment spaces and pergolas on the ground level all overlook the gas heated swimming pool. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/11/19/Burradoo%203.jpg" alt="">
The Burradoo record currently belongs to Burradoo House, the <a href="/news/recently-upgraded-burradoo-house-listed">recently upgraded 1920's Burradoo residence</a> which is aiming to take out consecutive records.
It last sold for $5.38 million in 2017 to the the tourism entrepreneur Rose Deo who is now seeking a buyer. 
 
 
 
 
 
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jrobinson-rf4aSBido9

Burradoo set for record with $6.25 million trophy listing

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Global recruitment firm Robert Walters has released its salary expectations for Australian professionals in 2020, with roles in certain sectors set to experience wage growth.
The Robert Walters Salary Survey for 2020 predicts NSW as the state to see the greatest salary increases with property, infrastructure, and the energy sectors dominating the wage growth leaderboard.
“With Australia committed to long-term nation-building programs throughout 2020, it is not surprising that wages will continue to fluctuate and stimulate demand for specialist roles in the property, infrastructure and energy sectors,” said James Nicholson, Robert Walters Managing Director ANZ.
The top five wage growth roles are a mix of permanent and contract roles in NSW within the property, infrastructure and energy sectors.”
The renewables sector will witness strong wage growth, albeit from a small labour pool. There are currently 103 projects that are in construction (or due to start) in Australia, which are expected to deliver over $27 billion in investment and create over 16,000 jobs.
However, “While the emerging renewables sector is showing signs of promise, and the creation of some new jobs, uncertainty may linger until the Australian government articulates a more comprehensive energy policy,” said Mr Nicholson.
Technology and transformation continues to dominate the larger Australian wage narrative with roles such as Business Analyst positions in Victoria and Developer roles in South Australia to see 18-20% annual growth respectively, while broader sector conditions will see some roles in oversupply, confirming a two-speed market environment.
“Technology transformations are continuing unabated across every industry in Australia. As a result, 2020 will see employers vying for professionals with expertise in development, UX, data management and cyber security. Concerns about widespread unemployment due to automation and artificial intelligence have, so far, proved unfounded.” Mr Nicholson said.
Rounding out the top three industries for wage growth nationally is the financial services sector, which remains under enormous pressure from regulators, legislators, government, media and their customers.
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wdavis-8cCN98p7xp

Property industry predicted to lead 2020 in wage growth 

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The third stage of the Gold Coast's light rail project has been approved after securing extra Federal funding to the tune of $157 million. The total Federal Government contribution to the project will total $269 million with the Queensland Government set to contribute $351 million and the Gold Coast City Council contributing $89 million. From the existing southern terminus at Broadbeach, the Stage 3A extension will utilise the Gold Coast Highway median and include an extra 8 stops along the 7km of new tram track to be built.

Upon completion, Mermaid Beach, Miami and Burleigh Heads will be connected to Broadbeach, Surfers Paradise, Southport, and the tram-train interchange at Helensvale by rail for the first time.

A media release from the Prime Minister and Queensland Premier states that the project will create more than 760 jobs during construction.

The investment in the Gold Coast Light Rail extension project sits beside other initiatives in Queensland including the Federal government contributing $50 billion to the relocation of Loganlea station as well as various road upgrades around the state.

<iframe allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="350" scrolling="no" src="https://www.youtube.com/embed/ltnQyCVHu8g" width="100%"></iframe>

There are several projects already in the pipeline along the path of the light rail extension project.

Together Mermaid Beach, Miami and Burleigh Heads have several apartment and townhouse projects either underway or waiting for the go-ahead, including the multi-tower <a href="/new-apartments/2605-gold-coast-highway-mermaid-beach">Elegance project</a> located at the existing Broadbeach South light rail terminus and the <a href="/buildings/sandbar-burleigh-heads-1969-1971-gold-coast-highway-burleigh-heads">Sandbar Burleigh</a> project that is located near the new Christine Avenue stop.

Not to be outdone by other suburbs, the bulk of the Gold Coast's pipeline of higher-density residential and commercial projects are located in the arc spanning Southport, Surfers Paradise and Broadbeach.  

<iframe frameborder="0" height="500" scrolling="no" src="https://www.urban.com.au/developments/miami-qld?embeddable=list-map" width="100%"></iframe>

No specific start dates for the extension project were mentioned in media releases from the various levels of government but funding will flow 'immediately' and local Queensland media are reporting the likely start for the extension will be in 2020 with a 3-year construction timeframe. 

Lead image credit: <a href="https://en.wikipedia.org/wiki/G:link">wikipedia</a>
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Alastair Taylor

Gold Coast Light Rail Stage 3A to start soon after securing extra Federal Government funding

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GUEST OBSERVATION
Concrete is the most widely used man-made material, commonly used in buildings, roads, bridges and industrial plants. But producing the Portland cement needed to make concrete accounts for 5-8% of all global greenhouse emissions.
There is a more environmentally friendly cement known as MOC (magnesium oxychloride cement), but its poor water resistance has limited its use – until now. We have developed a water-resistant MOC, a “green” cement that could go a long way to cutting the construction industry’s emissions and <a href="https://gccassociation.org/sustainability-innovation/" target="_blank">making it more sustainable</a>.
Producing a tonne of conventional cement in Australia emits about <a href="https://www.researchgate.net/publication/267233444_SCM's_potential_to_lower_Australia's_greenhouse_gas_emissions_profile" target="_blank">0.82 tonnes of carbon dioxide</a> (CO₂). Because most of the CO₂ is released as a result of the chemical reaction that produces cement, <a href="https://www.carbonbrief.org/qa-why-cement-emissions-matter-for-climate-change" target="_blank">emissions aren’t easily reduced</a>. In contrast, MOC is a different form of cement that is carbon-neutral.
<a href="https://images.theconversation.com/files/301205/original/file-20191112-178520-1o0tfjn.PNG?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/301205/original/file-20191112-178520-1o0tfjn.PNG?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
Global CO₂ emissions from rising cement production over the past century (with 95% confidence interval). <a href="https://www.earth-syst-sci-data.net/10/195/2018/" target="_blank">Source: Global CO2 emissions from cement production, Andrew R. (2018)</a>, <a href="http://creativecommons.org/licenses/by/4.0/" target="_blank">CC BY</a>
What exactly is MOC?
MOC is produced by mixing two main ingredients, magnesium oxide (MgO) powder and a concentrated solution of magnesium chloride (MgCl₂). These are byproducts from magnesium mining.
<a href="https://images.theconversation.com/files/301216/original/file-20191112-178498-1i9iftz.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/301216/original/file-20191112-178498-1i9iftz.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
Magnesium oxide (MgO) powder (left) and a solution of magnesium chloride (MgCl₂) are mixed to produce magnesium oxychloride cement (MOC). Author provided
Many countries, including China and Australia, have plenty of magnesite resources, as well as seawater, from which both MgO and MgCl₂ could be obtained.
Furthermore, <a href="https://pubs.acs.org/doi/pdf/10.1021/acs.chemrev.5b00463" target="_blank">MgO can absorb CO₂ from the atmosphere</a>. This makes MOC a truly green, carbon-neutral cement.
MOC also has many superior material properties compared to conventional cement.
Compressive strength (capacity to resist compression) is the most important material property for cementitious construction materials such as cement. MOC has a much higher compressive strength than conventional cement and this impressive strength can be achieved very fast. The fast setting of MOC and early strength gain are very advantageous for construction.
Although MOC has plenty of merits, it has until now had poor water resistance. Prolonged contact with water or moisture severely degrades its strength. This <a href="https://onlinelibrary.wiley.com/doi/abs/10.1002/suco.201800077" target="_blank">critical weakness has restricted its use</a> to indoor applications such as floor tiles, decoration panels, sound and thermal insulation boards.
How was water-resistance developed?
A team of researchers, led by Yixia (Sarah) Zhang, has been working to develop a water-resistant MOC since 2017 (when she was at UNSW Canberra).
<a href="https://images.theconversation.com/files/301217/original/file-20191112-178494-1jalea4.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/301217/original/file-20191112-178494-1jalea4.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=237&amp;fit=clip" alt=""></a>
Adding industrial byproducts fly ash (above) and silica fume (below) improves the water resistance of MOC. Author provided
<a href="https://images.theconversation.com/files/301393/original/file-20191112-178511-1he0duz.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/301393/original/file-20191112-178511-1he0duz.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=237&amp;fit=clip" alt=""></a>
To improve water resistance, the team added industrial byproducts such as fly ash and silica fume to the MOC, as well as chemical additives.
Fly ash is a byproduct from the coal industry – there’s plenty of it in Australia. Adding fly ash significantly improved the water resistance of MOC. Flexural strength (capacity to resist bending) was fully retained after soaking in water for 28 days.
To further retain the compressive strength under water attack, the team added silica fume. Silica fume is a byproduct from producing silicon metal or ferrosilicon alloys. When fly ash and silica fume were combined with MOC paste (15% of each additive), full compressive strength was retained in water for 28 days.
Both the fly ash and silica fume have a similar effect of filling the pore structure in MOC, making the cement denser. The reactions with the MOC matrix form a gel-like phase, which contributes to water repellence. The extremely fine particles, large surface area and high reactive silica (SiO₂) content of silica fume make it an effective binding substance known as a <a href="https://concretecountertopinstitute.com/free-training/the-use-of-pozzolans-in-concrete/" target="_blank">pozzolan</a>. This helps give the concrete high strength and durability.
<a href="https://images.theconversation.com/files/301218/original/file-20191112-178498-1kb1a8v.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/301218/original/file-20191112-178498-1kb1a8v.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
Scanning electron microscope images of MOC showing the needle-like phases of the binding mechanism. Author provided
Although the MOC developed so far had excellent resistance to water at room temperature, it weakened fast when soaked in warm water. The team worked to overcome this by using inorganic and organic chemical additives. Adding phosphoric acid and soluble phosphates greatly improved warm water resistance.
<a href="https://images.theconversation.com/files/301219/original/file-20191112-178516-1qpuacx.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/301219/original/file-20191112-178516-1qpuacx.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=237&amp;fit=clip" alt=""></a>
Examples of building products made using MOC. Author provided
Over three years, the team has made a breakthrough in developing MOC as a green cement. The strength of concrete is rated using megapascals (<a href="https://www.hunker.com/12304046/definition-of-concrete-mpa" target="_blank">MPa</a>). The MOC achieved a compressive strength of 110 MPa and flexural strength of 17 MPa. These values are a few times <a href="https://infostore.saiglobal.com/preview/is/en/2011/i.s.en197-1-2011.pdf?sku=1492629" target="_blank">greater than those of conventional cement</a>.
The MOC can fully retain these strengths after being soaked in water for 28 days at room temperatures. Even in hot water (60˚C), the MOC can retain up to 90% of its compressive and flexural strength after 28 days. The values remain as high as 100 MPa and 15 MPa respectively – still much greater than for conventional cement.
Will MOC replace conventional cement?
So could MOC replace conventional cement some day? It seems very promising. More research is needed to demonstrate the practicability of uses of this green and high-performance cement in, for example, concrete.
When concrete is the main structural component, steel reinforcement has to be used. Corrosion of steel in MOC is a critical issue and a big hurdle to jump. The research team has already started to work on this issue.
If this problem can be solved, MOC can be a game-changer for the construction industry.
Yixia (Sarah) Zhang, Associate Professor of Engineering, Western Sydney University. 
Khin Soe, Research Associate, School of Computing, Engineering and Mathematics, Western Sydney University.
Yingying Guo, PhD Candidate, School of Engineering and Information Technology, UNSW.
This article is republished from <a href="http://theconversation.com" target="_blank">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/green-cement-a-step-closer-to-being-a-game-changer-for-construction-emissions-126033" target="_blank">original article</a>.
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Green cement a step closer to being a game-changer for construction emissions

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Trinity Beach Palace, the luxury holiday rental in Far North Queensland, has sold.
The retreat of Otto Buttula, one of the pioneers of boutique fund management, and wife Virginia, has been listed since 2016.
Abercromby's Armadale agent Jock Langley took over the listing recently and secured the sale, believed to be around $6 million.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/11/29/trinity%201%201.jpg" alt="">
The five bedroom private beachfront estate, north of Cairns, was bought by the Buttula's in 2008, a year after Otto sold IWL, the online share brokerage he co-founded, to Commonwealth Bank. 
There's two outdoor bars and a pool on the 7,585 square metre absolute beachfront parcel.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/11/29/trinity%202%201.jpg" alt="">
They'd spotted the tropical haven after seeing its picture in newspaper marketing when it was offered by Josef Roberts who introduced Australians to Red Bull.
Trinity Beach Palace had been fetching $1,250 a night on holiday rental sites, having become a holiday let since the Buttula's relocated to Brisbane's Ashgrove.
It's around 1,000 square metres and has a safari-themed den, a library, gym, sauna and golf practice range. 
This article was first published in the Weekend Australian. 
 
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firstname1-iYD4UYzvBa

Fund management pioneer Otto Buttula sells Trinity Beach retreat

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Tyneside, the historic Willoughby East residence, has been snapped up before its scheduled auction this Saturday for $2.93 million.
It was for sale for the first time in 50 years following the death of the former Australian Jockey Club vice-chairman Noel Bracks, who owned the much-acclaimed stayer Donegal Mist.
The heritage-listed house was last sold to Bracks and his widow Ellen for $25,000 in 1969 by hotelier Ernest Cooper.
Belle Property agent Patrick Lang and Forsyth agent Jimmy Psaltis gave an initial $2.5 million price guide, which was progressively raised to more than $2.9 million.
The home dates back to its construction by Robert Forsyth, whose brother Tom lived at nearby Rosewall.
After the 1890s depression, the brothers lost their tannery.
Then in 1903, the bank foreclosed on Tyneside. It was Tom and Ann’s seventh child Robert Todd Forsyth who established enduring estate agency in 1898.
This article first appeared in The Daily Telegraph. 
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jchancellor-FAypfDUnLy

Historic Tyneside, Willoughby sells pre-auction

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Former NRL champion Jarryd Hayne finally secured the sale of his Darlinghurst investment terrace on the weekend.
Hayne secured the deal after he reduced the asking price for a third time to $2.2 million last month, with the buyer paying $2.15 million. It was initially offered in July with $2.35 million hopes.
The two-time Dally M Medal winner had recently sought to have it rented out at $1100 a week.
The renovated terrace cost $1.58 million in 2013. The three-bedroom, two-bathroom 1890s property was bought when the suburb’s median house price was $1.05 million.
The current median for three-bedroom Darlinghurst terraces sits at $2 million, according to realestate.com.au, which tallied just 10 similar house sales over the past year.
Adam Regan and Ellen Trojkovic at the Our Estates agency were marketing the three-level terrace as “a chic inner-city haven”.
The West Avenue property was the priciest property in a portfolio that totalled $5 million at its 2013 peak exposure.
Hayne is currently in Perth, living and training with an evangelical Christian ministry organisation, Youth With A Mission, on a six-month course. He is on bail for aggravated sexual assault charges relating to an alleged incident in the Hunter Valley on grand final night last year.
Hayne, who contests the charges, has been excused from attending court until the call-over date in April next year.
Sydney estate agents reported 436 weekend auction sales, adding to the 1300 private treaty sales of the past week across NSW. CoreLogic calculated that the clearance rate dipped to 78%.
The priciest Saturday result was on Marine Parade, Maroubra, which sold for $7 million through Phillips Pantzer Donnelley agent Alexander Phillips. The four-bedroom 1950s home on a 544 square metre block was offered for the first time in half a century with a $6.5 million guide.
Home loan arrears listings continue to decline, according to Standard &amp; Poor Global ratings. The latest Australian prime mortgage defaults data showed a decline in the Standard &amp; Poor’s Performance Index (SPIN) to 1.36% in September down from 1.41% a month earlier.
The report warned self-employed borrowers could put pressure on mortgage arrears in any weakening economic environment, given the greater sensitivity of business cash flows.
NSW arrears fell. However, arrears rose in Western Australia, South Australia and Tasmania.
S &amp; P noted that “stronger refinancing activity and recent tax cuts are having a positive effect on debt serviceability”.
The improvement was more pronounced for owner-occupier loan mortgage arrears, which declined to 1.58% from 1.61% a month earlier.
Mortgage arrears on investor loan remained unchanged at 1.38%.
This article first appeared in The Daily Telegraph.
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Jarryd Hayne secures $2.15 million Darlinghurst buyer

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Sunrise presenter Natalie­ Barr has bought back in to Mosman, a year after she sold her last home.

This is the third house she and her husband, TV commercial­ editor Andrew Thompson have owned in the pricey suburb.

While the ink hasn’t yet dried on the purchasing paperwork, they are tipped to have paid somewhere near its $2.8 million guide.

The renovated 1920s home on 430 square metres, behind a picket-fenced front garden and classic facade, has four bedrooms and two bathrooms.

Upstairs there’s a full-floor parents retreat with an ensuite.

Its asking price was consistent during its lengthy 400 days on the market.

[smartcode_project:default project_id=8590]

The couple and their two sons have rented in Mosman since selling their nearby Federation­ home for $3.6 million last December.

Barr has been at Seven for more than two decades, having joined Seven News as a reporter in 1994.

She’s been the news presenter on Sunrise since 2003. Mosman is the location­ where fellow Sunrise panellist Mark Beretta has lived and also traded homes for a number of years.

The suburb has also been popular among presenters at the besieged Nine network.

The recently departed Today host Georgie Gardner moved in to a $6 million home last year.

Sonia Kruger, who is jumping from Nine to Seven, also calls Mosman home.

And Karl Stefanovic rents there with his wife, designer Jasmine.

The Barr family has been renting a five-bedroom home near Sirius Cove for about $2500 a week.

Their previous abode was a 1910 home which had been renovated after they paid $3,235,000.

The couple were upsizing at the time, selling their nearby first Mosman home for $2,891,999.

They had paid $1.28 million in 2002.

[smartcode_project:default project_id=28100]

Mosman’s four-bedroom median price is currently $3.6 million. Mosman has 117 properties for sale listed on realestate­.com.au.

Based on five years of sales, Mosman has seen a compound growth rate of 5.7 per cent for houses.

It’s the busiest auction suburb­ this weekend, according to CoreLogic, with 17 homes under the hammer.

This article was first published in the Saturday Daily Telegraph. 
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Sunrise presenter Natalie Barr buys back into Mosman

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Now based back in Melbourne as a coach, former Sydney Swans premiership winner Rhyce Shaw and his wife Lia have sold their redundant Maroubra townhouse.
The couple secured the $1,225,000 sale pre-auction, having paid $870,000 at the end of the 2014 season — a year before Shaw retired and became an assistant coach.
The two-level property in a renovated art deco block of six has two bedrooms, one bathroom and a landscaped garden.
Belle Property Bondi Junction’s Lucas McKay sold the unit in three weeks.
This article was first published in the Saturday Daily Telegraph. 
 
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