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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The new Nepean Rise apartment project in Jamistown, near Penrith’s CBD, is set to be sold by 'Emma'…a virtual real estate agent powered by artificial intelligence. 
Emma has been hailed as the country’s most advanced virtual selling agent, with a depth of AI learning capacity drawn an extensive data lake. 
It is actually little more than live chat.
There is no illustrative graphic representation of the so-called selling agent, Emma.
Laing+Simmons Projects, in collaboration with Laing+Simmons Penrith, has just launched Emma to coordinate off-the-plan sales at Nepean Rise with the guiding principle being a better user experience. 
“The pace of change in AI since the first virtual agents were employed until now has been exponential,” says Jason Salter of Laing+Simmons Projects.
“It amounts to a vastly enhanced quantum of data for Emma to tap into, delivering a more targeted and individual service to customers at any time that suits them, which of course is the key reason for AI being the future of service industries like real estate," Salter 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/2019/11/20/Emma%20Jamistown.jpg" alt="">
Emma can navigate a buyer’s journey from initial enquiry through to purchase and settlement, depending on the customer’s preferences. A human agent can enter the transaction at any time, and Emma will let he or she know the optimal time for this to happen. 
Nepean Rise at <a href="https://www.realestate.com.au/property-apartment-nsw-jamisontown-128690810" target="_blank">47-51 Preston Street in Jamisontown</a>, is just minutes from Penrith’s CBD. 
“These new homes will be moments from what is a vast commercial centre, with access to transport, shopping and dining options, sport and recreational facilities, community amenities and more,” Salter says. 
“The capital growth prospects for the Nepean Rise apartments are clear but for owner-occupiers, the lifestyle benefits are equally compelling.”   
Developed and being built by Devcon Partners, Nepean Rise will comprise 46 architecturally designed two and three-bedroom apartments, in a variety of configurations. 
The apartments are targeted at investors and owner-occupiers, and construction is expected to kick off next year.
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Jamistown apartments for sale through virtual real estate agent 'Emma'

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No. 1 Grant Avenue, which is owned by the Aniko Group, has taken the top spot in Gold Coast sales over the last quarter, according to the latest Urbis data.
The $140 million development was launched in mid-August.
It has reached 40 per cent sold in the September quarter with over $24 million in sales.
Aniko Group founder George Mastrocostas said the quality and affordability of No. 1 Grant Avenue together with its prime waterfront position had translated to swift sales.
"This has certainly resonated with the market,” said Mr Mastrocostas.
“No. 1 Grant Avenue is all about affordable luxury.”
The development follows the success of Three72 Marine Parade apartment project, also owned by Aniko, in Labrador which reached sell-out prior to construction completion and was the fastest selling project on the Gold Coast in 2018.
“We are thrilled to have followed the success of Three72 Marine with strong sales at our latest project and look forward to continuing to build on the success we’ve experienced so far,” Mr Mastrocostas said.
When complete, No. 1 Grant Avenue will comprise 210 apartments. Buyers will have access to a residents’ lounge, expansive pool with sundecks, a fully equipped gymnasium overlooking a children’s indoor play area, zen garden, private media room, barbecue facilities, a pet wash bay, secure basement parking and bridge free access to the Broadwater and the seaway.
The first stage is expected to be completed by mid-2020 and will comprise 105 apartments, ranging from one-bedroom, plus study to three-bedroom, plus study residences.  Apartments will range in size from 86 square metres to 199 square metres.
Prices start from $369,000.
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Aniko Group's No. 1 Grant Avenue tops Gold Coast sales

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The veteran film producer Glenys Rowe sold her longtime Coogee bolthole for a bullish $5.1 million at weekend auction.
Rowe produced the late 1980s cult film Dogs in Space, as well as God's Girls: Stories from an Australian Convent, Idiot Box and Feeling Sexy. 
There were 10 registered bidders who took the sale well past its $4.3 million reserve.
Auctioneer Damien Cooley took bids from half its interested parties.
She had bought the hillside Beach St property for $790,000 in 1994.
The four-bedroom home with ocean views has been an investment in recent years since Rowe has settled in Adelaide.
Ballard Property agent James Ball had an initial $4 million guide then raised this to $4.2 million, when they brought forward the auction by a week given the heightened level of buyer interest.
Realestate.com.au calculates Coogee’s median house price sits at $2.46 million, based on just 32 sales over the past year, according to realestate.com.au. 
Based on five years of sales, Coogee has seen a compound price growth rate of 6.7 percent for houses. Some years have seen 60 house sales.
This article was first published in the Daily Telegraph. 
 
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10 buyers sought $5.1 million Coogee hillside home

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The iconic <a href="/new-apartments/sydney-house-194-204-pitt-street-sydney">City Tattersalls Club</a> in central Sydney has been given the seal of approval by the Central Sydney Planning Committee to undergo Stage 1 of redevelopment.

The building that is almost 125 years old, falls within a significant heritage overlay, meaning that the heritage façade will be thoughtfully preserved, with an additional modern tower planned to be seamlessly integrated within the site.

Developer <a href="/developers/icd-property">ICD Property</a> has worked closely with architecture firm <a href="/architects/fjmt">fjmt</a> to ensure the design carefully reflects the heritage of the site and surrounding area.

<blockquote>
“This is a site of great significance with three interconnected heritage buildings and a series of beautiful interiors which can be restored to their original grandeur. It has been a home to the club since 1891. Now after working closely with the City, ICD and the Club we have a vision that will restore and reinvigorate the heritage buildings and give new life to this historic club and this important place in our City.”
</blockquote>

Richard Francis-Jones, fjmt Design Director

After overcoming previous permit hurdles, the newly acquired approval has granted permission for the developer to rejuvenate the entire clubhouse – including retail, restaurants, hotel and club reception, as well as an including a brand-new events space, premium co-working space, health and wellbeing facilities, and more.

<blockquote>
“Not only will our work breathe life back into this site, but we hope that it will contribute heavily to the surrounding CBD streetscape, alongside the upcoming redevelopment of the neighbouring David Jones site by Scentre Group and CBUS and introduction of a new tram network on nearby George Street.”
</blockquote>

Matthew Khoo, ICD Property Managing Director

<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/city_tattersalls_club_-_hero_-_rev_c_-_with_note.jpg" rel="gallery-all" title="City Tattersalls Club render"><img alt="" class="image-article-full-width-580px" height="850" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/city_tattersalls_club_-_hero_-_rev_c_-_with_note.jpg?itok=6sVctF0j" title="City Tattersalls Club render" width="580"></a>

<figcaption>City Tattersalls Club render</figcaption></figure>The plans also show scope for a new 49-storey tower comprising of around 246 residential apartments and a 100-room hotel above the historic site.

<blockquote>
“We are excited to be part of Sydney’s growth, contributing a development that will greatly enhance the CBD by including an activated ground floor, home to a number of businesses and amenities that will bring people together and give back to the local streetscape.”
</blockquote>

Located at 194-204 Pitt Street, the prime location makes this development a highly sought-after development project and is a very unique residential and hotel opportunity for all parties involved.

ICD Property is currently collaborating with fjmt to create an exciting design competition process which will commence in 2020. The competition will see a prestigious line-up of architects vying for the job to design the City Tattersalls Club.

<blockquote>
“City Tattersalls Club’s rejuvenated premises will be a modern multi-purpose facility for inner-city residents and a tremendous new base from which the Club can continue to serve the city and its many thousands of members well into a second century.”
</blockquote>

Patrick Campion, City Tattersalls Club Chairman
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Olivia Round

Sydney’s City Tattersalls Club gains approval for redevelopment

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The eagerly awaited <a href="/new-apartments/parramatta-nsw">Parramatta</a> development <a href="/buildings/west-village-88-church-street-parramatta">West Village</a> celebrated its grand topping out ceremony on Tuesday, reaching a towering 40-levels. The construction milestone was commended by Lord Mayor Bob Dwyer, who joined the <a href="/developers/ecoworld-international">EcoWorld International</a> and <a href="/builders/parkview">Parkview</a> management teams in a ceremonial tree planting.

<blockquote>
“West Village is our first Australian project to top out and it was an honour to celebrate the occasion alongside Lord Mayor Bob Dwyer. We have always held the view that Parramatta would be the next growth area for Sydney due to its central geographical location in New South Wales and its excellent infrastructure and amenities.”
</blockquote>

Yap Foo Leong, CEO of EcoWorld International Australia

<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/datoteowleongecoworld-tansriliewkeesinecoworld-bobdwyerlordmayor-tonytoumaparkview-yapfooleongecoworld.jpg" rel="gallery-all" title="Dato Teow Leong (EcoWorld), Tan Sri Liew Kee Sin (EcoWorld), Bob Dwyer (LordMayor), Tony Touma (Parkview), Yap Foo Leong (Ecoworld)"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/datoteowleongecoworld-tansriliewkeesinecoworld-bobdwyerlordmayor-tonytoumaparkview-yapfooleongecoworld.jpg?itok=iQRm6zw8" title="Dato Teow Leong (EcoWorld), Tan Sri Liew Kee Sin (EcoWorld), Bob Dwyer (LordMayor), Tony Touma (Parkview), Yap Foo Leong (Ecoworld)" width="580"></a>

<figcaption>Dato Teow Leong (EcoWorld), Tan Sri Liew Kee Sin (EcoWorld), Bob Dwyer (LordMayor), Tony Touma (Parkview), Yap Foo Leong (Ecoworld)</figcaption></figure>Designed by award-winning architecture firm <a href="/architects/woods-bagot">Woods Bagot</a>, with grounds by celebrity landscape architect Miles Baldwin, West Village has been a success among buyers with a 95% sale rate.

The tower features 398 luxury, one, two and three-bedroom apartments, which rise from a vibrant ground-floor retail precinct. Encompassed in a façade of elegant glazing, each apartment boasts ample natural light, grand balconies and stunning views across Parramatta.

<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/westvillage_home_greenspaces_01.jpg" rel="gallery-all" title="West Village alfresco dining precinct. Image supplied."><img alt="" class="image-article-full-width-580px" height="595" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/westvillage_home_greenspaces_01.jpg?itok=N-VwA6ql" title="West Village alfresco dining precinct. Image supplied." width="580"></a>

<figcaption>West Village alfresco dining precinct. Image supplied.</figcaption></figure><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/westvillageparamatta_s030_int_penthouse-1030x686.jpg" rel="gallery-all" title="West Village apartment. Image supplied."><img alt="" class="image-article-full-width-580px" height="386" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/westvillageparamatta_s030_int_penthouse-1030x686.jpg?itok=E7zcutO-" title="West Village apartment. Image supplied." width="580"></a>

<figcaption>West Village apartment. Image supplied.</figcaption></figure><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/westvillage_home_rooftopgarden_02-v1.jpg" rel="gallery-all" title="West Village resident garden podium. Image supplied."><img alt="" class="image-article-full-width-580px" height="595" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/westvillage_home_rooftopgarden_02-v1.jpg?itok=RV1N5hZU" title="West Village resident garden podium. Image supplied." width="580"></a>

<figcaption>West Village resident garden podium. Image supplied.</figcaption></figure>Atop the tower is a tranquil rooftop Skydeck and garden terrace, giving residents a space to relax and unwind. Other amenities include barbeque facilities, virtual golf simulator, a piano room and an on-site supermarket.

<blockquote>
“Parramatta truly suits our hallmark for rolling out quality developments in prime locations that can cater to the local needs of the residents and the success West Village has experienced confirms the prediction that Parramatta is set to become the new CBD.”
</blockquote>

Yap Foo Leong, CEO of EcoWorld International Australia

Situated in the heart of Parramatta’s growing urban village West Village sits alongside skyscrapers such as Altitude, Skyrise and the soon to be completed 4 Parramatta Square. The enviable location has been a hit among buyers who have been drawn to the area due to the prolific infrastructure projects set to commence within the area to cater to Parramatta’s growing population.

West Village is EcoWorld International’s first Australian project, with Yarra One in Melbourne also currently under construction and set to top out by February 2020.
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Parramatta’s West Village tops out at 40 levels

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South Sydney Rabbitohs boss Shane Richardson and wife Kate are selling their Little Bay penthouse.
The couple are set to downsize again within the neighbourhood where they moved after selling their $1.68 million Coogee semi in 2014.
Their initial Little Bay abode was a three-bedroom house they sold in 2017 for $1.9 million.
The three-bedroom penthouse with rooftop garden, bought in 2017, has been listed by McGrath agent Marnie Seinor.
The fifth-floor apartment has ocean views from what is currently the highest spot within the precinct.
Inspectees spotted next year’s NRL fixture on the fridge door.
It was Nick Pappas who recruited Richardson from Penrith to South Sydney in 2004, where along with Russell Crowe and Peter Holmes a Court, he helped turn the team into an NRL powerhouse.
He rejoined in 2016 after a brief stint at NRL’s headquarters.
Little Bay has seen 3.9% compound growth for houses and 5.1% for units, according to realestate.com.au over the past five years.
This article was first published in the Sunday Telegraph. 
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Rabbitohs boss Shane Richardson lists Little Bay penthouse

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Former Socceroo turned property developer Jason Culina and his interior designer wife Terri, pulled their Lindfield offering from its scheduled weekend auction.
The property has since gone under offer.
It was one of just 33 withdrawals across Sydney, according to CoreLogic, compared to 101 on the same Saturday last year.
It was a rebuild project Culina had not got around to doing.
There are plans for a modern five-bedroom home with a pool, cabanas — and even a soccer field.
A five-bedroom 1920s home sits on the 1355 square metre parcel that was bought for $2.35 million last year.
Stone Real Estate had a guide of $2.5 million to $2.7 million for the twice-delayed auction.
Culina, who played 58 games for the Socceroos, has previously completed residential projects in Putney and Denham Court.
After retiring in 2013, he and Terri founded property staging and styling website 80 Spaces.
Following that they set up Culina Design Group.
This article was first published in the Saturday Daily Telegraph.
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Former Socceroo Jason Culina's Lindfield project under offer

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An Abbotsford, Victoria mortgagee apartment has been sold for $351,000.
The home last sold for $429,000 when it was purchased off the plan in 2011.
As a result this sale marks a $78,000 loss for the vendor.
Chris O'Shaughnessy and Emily Sayers of Biggin &amp; Scott marketed the one bedroom one bathroom apartment.
Situated at <a href="https://www.realestate.com.au/sold/property-apartment-vic-abbotsford-132085578" target="_blank">107B/609-615 Victoria Street</a>, the home was built in 2014.
Featuring 50 square metres of internal space, the home was offered to the market seeking $320,000.
Located in the Green Square complex, the north facing home has access to services like a heated pool, gym, communal gardens, BBQ, library, meeting rooms and private entertainment facilities.
The home was first listed as a rental shortly after its purchase in 2014 seeking $390 per week and later that year and in 2015 for $380 per week. 
Later in 2016 it sought $390 per week and most recently in 2018 $395 per week. However according to the listing the unit has "rent potential up to $450 per week".
<a href="https://www.propertyobserver.com.au/subscribe" target="_blank"><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/2019/1/Subscriber%20strip%20ad.jpg" alt=""></a>
The median sale price for a unit in <a href="/developments/abbotsford-vic-3067">Abbotsford</a> is $496,500, according to the latest CoreLogic data.
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Abbotsford, Victoria mortgagee home sold for $78,000 loss

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NRL stars spending their earnings in Queensland can often end up with a fiscal injury.
Retired player Greg Inglis is the latest to suffer a loss when he offloaded his long-held Bundaberg district investment property.
The Bargara property market has yet to recover from the GFC.
Inglis bought the two-bedroom ocean-facing Manta apartment for $590,000 in 2008, just before the full impact.
He has just sold for $465,000, after he was a realist in listing it at $475,000.
Inglis has been reshuffling his property portfolio following his retirement from the NRL.
He recently sold his Coogee semi for $2,475,000 through McGrath agent Marnie Seinor, having paid $1.11 million in 2012.
Inglis and his estranged wife Sally Robinson recently spent $920,000 on a resort-style home in Shorncliffe, a coastal suburb northeast of Brisbane.
Elsewhere in Queensland, former NRL superstar Bryan Fletcher, who played for the Roosters and Rabbitohs, has sold his Gold Coast investment for $450,000 — not much more than his entry price.
Situated 230 metre from Burleigh Heads beach, the two-bedroom apartment had been bought off the plan in 2003 for $435,000.
Brisbane Bronco James Segeyaro is selling his Cairns property, which has been a $530-a-week rental after he paid $560,000 in 2016. 
This article was first published in the Saturday Daily Telegraph.
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Greg Inglis takes hit on Bargara, Queensland investment

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The Di Jones real estate agency is being investigated by NSW Fair Trading after using digitally altered photos to advertise a Wollstonecraft apartment, without any advisory of doing so.
The apartment is being advertised for a November 23 auction with a $775,000 price guide.
The Di Jones advertisement has been amended after the ABC began making inquiries and contacted NSW Fair Trading.
It is not known why Di Jones did not rip out the unsightly carpets.
Below is a photo from the listing of one of the master bedroom.
<a href="https://www.propertyobserver.com.au/https://www.abc.net.au/news/2019-11-14/wollstonecraft-bedroom-clean-1/11703346"><img src="https://www.abc.net.au/news/image/11703196-3x2-700x467.jpg" alt="a clean and well lit bedroom" title="Wollstonecraft bedroom" width="700" height="467"></a>
The actual bedroom looked like this.
<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/2019/11/15/Di%20Jones%20bedroom.jpg" alt=""> Source: ABC News
<div class="inline-content photo full">A spokesperson for the state's consumer watchdog, NSW Fair Trading, confirmed real estate agents "must act honestly, fairly and professionally with all parties involved in a property transaction".</div>
"Failure to comply with the rules of conduct also attracts significant penalties."
"It isn't a systemic problem — but like any other industry there are people within real estate who do the wrong thing," the CEO of REINSW Tim McKibbin said.
The kitchen below, used in the marketing, looks relatively tidy, however in person, isn't quite what it seems.
The photos included digitally altered kitchen images.
<div class="inline-content photo full">Large stains on the kitchen and cooker were not visible in the listing's original photos. </div>
<div class="inline-content photo full"><a href="https://www.propertyobserver.com.au/https://www.abc.net.au/news/2019-11-14/wollstonecraft-kitchen-clean-1/11703356"><img src="https://www.abc.net.au/news/image/11703250-3x2-700x467.jpg" alt="a clean and well lit kitchen" title="Wollstonecraft kitchen" width="700" height="467"></a></div>
<div class="inline-content photo full"> </div>
<div class="inline-content photo full"> </div>
<div class="inline-content photo full">The stovetop is rusted and the counter tops unsightly.</div>
<div class="inline-content photo full"> </div>
<div class="inline-content photo full"><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/2019/11/15/Wollstonecraft%20Kitchen.jpg" alt=""></div>
<div class="inline-content photo full">Source: ABC journalist Emma Elsworthy</div>
<div class="inline-content photo full"> </div>
<div class="inline-content photo full">In a text message to prospective buyers, <a href="https://www.propertyobserver.com.au/https://www.abc.net.au/news/2019-11-14/sydney-real-estate-agency-investigated-over-inaccurate-listing/11703152" target="_blank">the ABC reporter Emma Elsworthy</a> said Di Jones announced changes had been made to the online listing "to ensure that we accurately position and represent this property throughout the duration of the sales campaign".</div>
The owner of the apartment was reported to have been a recluse and his death was only discovered months later when neighbours hadn't seen him.
The two bedroom, Selwyn Street apartment spans 86 sqm.
It was bought three decades ago at $205,000.
<div class="page" title="Page 1">
<div class="layoutArea">
<div class="column">
Di Jones has blamed "an administrative error." 
Its CEO Rob Ward stated a third-party supplier engaged by Di Jones Lower North Shore edited the published photos without consent.
“The edits made to the photos were not requested by any member of the DiJONES Lower North Shore team."
He said the agency would cooperate and assist with any investigation by NSW Fair Trading.
</div>
</div>
</div>
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