The Gold Coast economy has grown by 25 per cent since 2020/21 to surpass $55 billion, but perhaps the more significant story is what sits behind the headline number.

For decades, the Gold Coast has been viewed through the lens of tourism, lifestyle and population growth. The latest State of the City Report suggests that perception is increasingly out of step with reality.

Released by Invest Gold Coast, the report ranks the Gold Coast as Australia's largest non-capital city economy and, perhaps more notably, second nationally behind Sydney for Economic Complexity, a measure that assesses the diversity and sophistication of an economy.

It's a result that places the Gold Coast ahead of Melbourne, Brisbane, Perth and Adelaide, highlighting the extent to which the city's economic base has broadened beyond its traditional industries.

Today, the Gold Coast supports more than 350,000 jobs, is home to over 83,000 businesses and generates $19 billion in annual exports. Manufacturing now accounts for 62 per cent of international export growth, while sectors including health, education, advanced manufacturing, technology and professional services are becoming increasingly important contributors to the local economy.

[smartcode_project:default project_id=150017 project_image_fid=372547]

Gold Coast Mayor Tom Tate said the report confirmed the city's evolution into one of Australia's most significant economies.

"The Gold Coast economy continues to grow at an incredible pace. This is no surprise to those of us who have watched the evolution up close," Mayor Tate said.

"As one of the most entrepreneurial, investment driven and opportunity focused economies in the country our ambition has been realised and possibilities are endless.

"The Gold Coast has built a reputation as the city that says yes. We say yes to investment, yes to opportunity and yes to people who want to build something.

"It's this mindset helping us drive major growth across health, advanced manufacturing, screen production, marine, technology and the knowledge economy."

[smartcode_project:default project_id=149670 project_image_fid=360975]

While population growth has been one of the defining stories of the past decade, the report points to a broader economic transformation taking place.

The city's knowledge economy now contributes $7.9 billion annually and supports around 31,000 jobs, while the health and wellbeing sector contributes $5.2 billion and employs more than 42,000 people. Together, the six priority sectors identified in the report account for almost $24 billion in economic output and more than 145,000 jobs.

One of the strongest examples is the Gold Coast Health and Knowledge Precinct at Southport. The 200-hectare precinct now contains more than $5 billion worth of health, education, research and innovation infrastructure and supports over 16,000 jobs.

The report also highlights the growing role of advanced manufacturing, particularly in aerospace, defence and modular construction.

Gold Coast-based Gilmour Space Technologies recently became the first Australian commercial company to attempt an orbital launch, while companies including Modscape and ModnPods are helping establish the Yatala-Stapylton corridor as one of Australia's fastest-growing advanced manufacturing hubs.

The city's entrepreneurial culture is also translating into business growth.

Since 2019/20, the number of businesses operating on the Gold Coast has increased by 22 per cent, while firms employing more than 200 people have grown by 80 per cent. The report suggests the next challenge is converting more local start-ups and medium-sized businesses into nationally significant companies.

Development activity remains another key indicator of confidence.

There are currently more than $23 billion worth of major projects underway across the Gold Coast, supported by a record 75 active cranes, a figure that now exceeds Brisbane and represents a 150 per cent increase since 2016.

[smartcode_project:default project_id=112024 project_image_fid=343235]

Importantly, the report notes the next phase of investment will need to extend beyond residential development.

While 93 per cent of crane activity is currently tied to housing, Invest Gold Coast argues future investment will increasingly need to focus on cultural, civic, infrastructure and industry-enabling projects that strengthen the city's long-term economic resilience.

Invest Gold Coast Chair Will Hodgman said the city was now benefiting from years of economic diversification.

"What is happening on the Gold Coast is the result of the city's economic base broadening, fuelled by industries with long-term, high-growth potential," Mr Hodgman said.

"This is no longer a secondary Australian economy, the Gold Coast is becoming a globally connected city with deeper capability across health, knowledge and creative industries, advanced manufacturing, technology and exports."

[smartcode_project:default project_id=108274 project_image_fid=365786]

Looking ahead, the Gold Coast's population is projected to exceed one million residents by 2046.

For a city that was once largely defined by tourism and lifestyle, the latest figures suggest the Gold Coast is becoming something more significant, one of Australia's most diverse and economically sophisticated urban economies, and increasingly one that national and international investors can no longer afford to overlook.

Joel Robinson

75 cranes, $23 billion pipeline and a $55 billion economy: Inside the Gold Coast economic boom

Ron Bakir's Homecorp has sold more than 75 per cent of the apartments in its wellness-driven Florence Residences in Surfers Paradise following its first weekend release.

The <a href="https://www.apartments.com.au/new-apartments/florence-residences-24-monte-carlo-avenue-surfers-paradise-qld-4217">26-storey project on Monte Carlo Avenue</a>, which commenced construction earlier this year, has seen a flurry of buyers secure their slice of the Gold Coast's latest wellbeing-focused offering in one of the nation's most competitive property markets.

Since the pandemic, the Gold Coast's population has grown by more than 11 per cent, a rate approximately four times faster than Sydney's, driven largely by lifestyle changes and interstate migration. While buyer activity has moderated in some markets nationally, demand for newly built dwellings on the Gold Coast continues to gain momentum as purchasers increasingly prioritise lifestyle, amenity, wellbeing, liveability and long-term investment potential.

&nbsp;

[smartcode_project:default project_id=150414 project_image_fid=372743]

Homecorp CEO Ron Bakir says buyers today are looking for more than just a home.

"What we are seeing is a shift in how people define value in property," Bakir says.

"What attracts residents to new developments is a desire for more than just a residence. They are looking for a place that complements their lifestyle, supports their wellbeing and reflects the way they want to live into the future.

"Lifestyle, longevity, proactive health, wellbeing, connection and a sense of community are increasingly shaping purchasing decisions, particularly on the Gold Coast, where these factors continue to be a major drawcard."

[smartcode_project:default project_id=150414 project_image_fid=372744]

Bakir says Homecorp is responding to this shift through an approach that places greater emphasis on design, amenity and experience working together to create places that feel considered, connected and enduring in value.

Inspired by Eastern European design, Florence Residences will comprise 120 apartments alongside a private residents-only wellness club featuring a resort-style rooftop pool, hot and cold plunge pools, a spa retreat, contemporary gymnasium, and a spacious yoga and Pilates studio.

The development will also feature a residents-only lounge with private dining facilities and a rooftop bar, premium outdoor entertaining areas, a hotel-style lobby lounge, generous bike parking, and pet-friendly amenities including a heated dog wash.

[smartcode_project:default project_id=150414 project_image_fid=372742]

A limited number of apartments remain available, with an exclusive collection of four-bedroom sub-penthouses set to be released in the coming months.

Florence is one of the latest additions to Homecorp's expanding multi-billion-dollar property portfolio, which also includes plans for a <a href="https://www.apartments.com.au/news/qld/homecorp-lodges-plans-for-260-million-moroccan-bathhouse-inspired-tower-in-budds-beach">$260 million development in Budds Beach</a> tailored to the growing wellness market.

A development application has been lodged for a 27-storey, 156-residence tower at 8–10 Acacia Avenue and 25–27 Oak Avenue, featuring a residents-only Moroccan spa-inspired sanctuary.

Apartments at Florence Residences are priced from $1,249,000, with construction expected to be completed by late 2027.

[smartcode_project_cta:default project_id=150414]

Buyers rush to Homecorp's Florence Residences as Gold Coast wellness trend gains momentum

The NSW Government has expanded its $1 billion Pre-sale Finance Guarantee program, broadening access for affordable housing providers and smaller residential developments as it seeks to accelerate housing delivery across the state.

The Minns Government says the program has already helped bring forward more than 600 homes across Sydney and regional NSW since launching in September 2025, with similar models now adopted in South Australia and Western Australia.

The latest changes, announced by Treasurer Daniel Mookhey and Minister for Planning and Public Spaces Paul Scully, are designed to improve access to finance for projects that have planning approval but are struggling to secure funding.

Among the key changes is an expansion of support for community housing providers. The program will now support up to 100 per cent affordable housing projects valued at up to $30 million when delivered by not-for-profit providers, while support for larger affordable housing developments will increase for projects worth up to $80 million.

The government says the changes will help accelerate the delivery of housing for low-income workers, older people, people living with disability, and those at risk of homelessness, while reducing reliance on direct grants or subsidised loans to bridge funding gaps.

The eligibility criteria for smaller residential developments have also been broadened. The previous $5 million minimum project value threshold has been removed and replaced with a requirement that projects deliver at least four homes.

Support has also increased for projects delivering fewer than 20 homes, with the guarantee now able to cover up to 75 per cent of dwellings in a development, capped at $30 million per project.

The changes are expected to particularly benefit smaller-scale and regional developments, which often face greater challenges meeting pre-sale requirements imposed by lenders.

Treasurer Daniel Mookhey said the scheme demonstrates how government can use its balance sheet to stimulate housing supply without relying solely on taxpayer-funded grants.

"The Pre-sale Finance Guarantee shows how this Government is using its balance sheet to reduce risk and unlock private investment, enabling new homes to move from design to construction faster," Mookhey said.

"This landmark reform allows us to deliver homes for working families at a lower cost to taxpayers, while also maintaining strong financial discipline."

Planning Minister Paul Scully said the program had already proven effective in bringing stalled projects to market.

"The Pre-sale Finance Guarantee has already proven it can unlock stalled projects and accelerate housing delivery by giving lenders the confidence they need to back good developments," Scully said.

"These changes will allow more affordable housing and smaller developments to access support so more homes can be built faster where communities need them most."

Housing Minister Rose Jackson said the expansion would help community housing providers overcome financing barriers that often delay projects.

"We know community housing providers are ready to build more homes, too often they're held back by barriers to finance," Jackson said.

"Expanding the Pre-sale Finance Guarantee helps remove those barriers so more affordable homes can get off the ground sooner."

The announcement was welcomed by the Property Council of Australia, which has long advocated for measures aimed at improving project feasibility and access to finance.

Property Council NSW Executive Director Katie Stevenson described the expansion as a practical intervention that addresses one of the most immediate constraints on housing delivery.

"This is exactly the kind of practical intervention we need right now, focused on getting projects out of the ground, not just approved," Stevenson said.

"It builds on a model the Property Council has worked closely with government to develop following calls for such a scheme ahead of last year's NSW Budget, so it's great to see it being expanded."

Stevenson said the reforms would help unlock projects that are ready to proceed but have been delayed by financing challenges. However, she noted that broader feasibility issues remain a significant barrier to increasing housing supply.

"The biggest challenge in NSW housing today is delivery. Too many projects have planning approval but are simply not financially viable to proceed under current settings," she said.

Speaking at the Property Council's NSW Housing Summit, Housing Minister Rose Jackson acknowledged that feasibility and financing pressures continue to constrain housing delivery, while reaffirming the government's commitment to work with industry on solutions.

Stevenson said the government's recognition of those challenges was encouraging ahead of next week's state budget.

"It's positive to see the government clearly recognising that feasibility pressures are now a binding constraint on supply," she said.

"With the Budget just days away, the focus must be on backing delivery, making sure projects stack up, finance can flow, and more homes can move from approval to construction."

The expanded Pre-sale Finance Guarantee forms part of the NSW Government's broader housing agenda, which also includes planning reforms, the NSW Housing Pattern Book, and a series of rezonings intended to increase housing capacity across the state.

NSW expands Pre-sale Finance Guarantee to unlock more affordable and regional housing

Design-led developer-builder Lowe Living has unveiled its latest residential development, Jardin House, marking its first foray into Melbourne's blue-chip City of Boroondara.

Located a short walk from Camberwell Junction, <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House</a> has been designed to appeal to affluent local downsizers and established families seeking a low-maintenance alternative to the large homes that have long defined Camberwell and surrounding suburbs.

The project will comprise a collection of two and three-bedroom apartments ranging from 92 sqm to 280 sqm, alongside a limited number of penthouse residences featuring rooftop terraces spanning more than 100 sqm, with optional private pools.

&nbsp;

[smartcode_project:default project_id=146717 project_image_fid=372212]

Lowe Living Co-Founder and Managing Director Tim Lowe said Camberwell represented a natural next step for the developer as it expands into some of Melbourne's most tightly held residential markets.

"Jardin House is an important project for our team as it marks the next evolution of our portfolio into different well-established blue-chip pockets of Melbourne," Lowe said.

"Camberwell, with its incredible walkability, family-led neighbourhood feel and superb access to education and transport, makes it a natural choice for us."

[smartcode_project:default project_id=146717 project_image_fid=372227]

Designed by Tristan Wong Architects, with interiors by Hecker Guthrie and landscaping by Acre, the development takes inspiration from the Art Deco architecture that remains a defining feature of many of Camberwell's established streets.

A curved facade, arched openings, textured brickwork and sculpted forms reference the suburb's architectural heritage, while extensive landscaping softens the building's presence and creates a strong connection to the surrounding tree-lined streetscape.

The project will be set behind a secure gated entrance, with residents arriving through landscaped gardens designed to create a transition between the public realm and private residences.

Inside, the residences feature natural stone and timber finishes, full-height glazing, Miele appliances and generous open-plan living areas designed for long-term owner occupation.

[smartcode_project:default project_id=146717 project_image_fid=372225]

While the apartments themselves have been designed to attract discerning owner-occupiers, it is the amenity offering that sets Jardin House apart from many other boutique projects currently launching across Melbourne.

The centrepiece is a 350 sqm private bathhouse curated in partnership with Aurora Spa &amp; Bathhouse founder Lyndall Mitchell.

The wellness precinct includes mineral pools, hydrotherapy experiences, a Himalayan salt room, sauna, steam room, cold plunge pools and dedicated relaxation spaces, creating what Lowe Living describes as a private wellness retreat exclusively for residents.

[smartcode_project:default project_id=146717 project_image_fid=372222]

The collaboration follows Lowe Living's recent partnership with Aurora at Maison Savoy in Brighton, although Jardin House is the first project to incorporate both indoor and outdoor wellness experiences.

Emma Lowe, Co-Founder and Managing Director of Lowe Living, said wellness was becoming an increasingly important consideration for apartment buyers.

"Collaborating with Lyndall Mitchell from Aurora Spa &amp; Bathhouse for a second time is an intentional nod to creating residences that are more than just homes, but a way to enrich the lives of our residents through wellness and longevity," Lowe said.

The amenity offering is complemented by a Technogym fitness studio, residents' lounge, private dining spaces and concierge services.

The launch comes as developers increasingly target Melbourne's established eastern suburbs, where rising land values, ageing housing stock and growing downsizer demand are creating opportunities for boutique apartment projects.

Lowe said the company expects significant generational wealth transfer across suburbs such as Camberwell in coming years, creating further demand for luxury apartment living.

"Camberwell is a blue-chip suburb where homes regularly transact for multiple millions of dollars," he said.

"The generational change of wealth in these locations expected in the coming years is significant, so we see an opportunity to create exclusive residences that appeal to older families and downsizers in order to meet this demand."

Apartments at Jardin house start from $1,195,000. The project forms part of Lowe Living's near-$1 billion portfolio of new developments across Melbourne.

[smartcode_project_cta:default project_id=146717]

Lowe Living launches Jardin House in Camberwell

As <a href="https://www.apartments.com.au/developments/north-sydney-nsw-2060">North Sydney</a> continues its transition from a commercial centre into a more layered residential and lifestyle precinct, a new generation of apartment developments is reshaping expectations around scale, amenity, and long-term liveability.

Improved transport connections through the Victoria Cross Metro, continued investment in dining and public spaces, and a constrained supply of new luxury apartments have sharpened demand for homes that combine proximity to the CBD with the privacy and outlook traditionally associated with harbourside houses.

At 177 Walker Street, <a href="https://www.apartments.com.au/developers/aland">ALAND</a>’s new apartment development <a href="https://www.apartments.com.au/new-apartments/the-walden-north-sydney-177-walker-street-north-sydney-nsw-2060">The Walden</a> enters the market with a distinctly residential approach to high-rise living. The 30-level tower will deliver 161 residences, ranging from one-bedroom apartments through to sub-penthouses and a full-floor penthouse, all oriented to capture uninterrupted views across Sydney Harbour, the Opera House, and out toward the Pacific Ocean.

[smartcode_project:default project_id=134323 project_image_fid=6395]

Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, the project takes advantage of the site’s natural topography and elevated position above the harbour. Rather than relying on density alone, the architecture focuses on outlook, orientation, and spatial flow, with every apartment occupying a corner position to maximise natural light and cross ventilation.

Rothelowman says the site itself shaped much of the architectural response.

“The site has a long history in terms of its inevitable transformation and when we came in, we took inspiration from the idea of reestablishing a sense of the site’s natural terrain and fall. Our scheme aims to integrate with the terrain and the landscape, using the undulating site to slowly reveal glimpses and views of the harbour. The rotation of the tower off grid means every apartment has a view and is naturally cross ventilated. The building's colour palette is quintessentially Sydney, with bronze and sandstone and a luminescent green colour in the glass, making it very earthy and grounded in its location.”

[smartcode_project:default project_id=134323 project_image_fid=6399]

Inside the residences, the emphasis moves toward larger-format living typically associated with standalone homes. Kitchens sit at the centre of the apartments, connecting directly to open-plan dining and living areas before extending outward into expansive winter gardens and balconies. Calacatta marble, bespoke joinery, integrated appliances, and custom metal detailing are used throughout, while three distinct interior palettes, Terrace, Opera, and Harbour, allow buyers to personalise the spaces without compromising the architectural consistency of the project.

The larger residences place particular attention on separation between entertaining and private zones. In many apartments, master suites occupy the outer corners of the floorplates, allowing bedrooms to benefit from floor-to-ceiling glazing and harbour outlooks independent of the living spaces. Dressing rooms and ensuites continue the material palette through fluted detailing, freestanding baths, and layered stone finishes.

Rothelowman says the design intent centred on creating homes that feel enduring rather than transient.

“Our philosophy is all about the way people live in these spaces, and we wanted to create homes that reflect the quality of life in this unique Sydney location. The apartments showcase expansive living spaces that are generous, sophisticated, and bold, with the ability to connect with views throughout each apartment.”

[smartcode_project:default project_id=134323 project_image_fid=353235]

A separate four-storey amenity building known as The Pavilion expands the residential offering beyond the apartments themselves. Positioned alongside the tower, the building consolidates wellness, recreation, and social spaces into a dedicated resident retreat. Facilities include a 20-metre rooftop pool and sundeck, sauna, spa, ice bath, wellness studio, gymnasium, concierge service, wine cellar, residents’ lounge, private dining spaces, and dedicated co-working areas with meeting rooms and boardroom facilities.

The amenity mix reflects the buyer profile emerging in North Sydney, where owner-occupiers and downsizers are increasingly prioritising convenience, apartment scale, and long-term usability over purely investment-driven decisions.

The Walden also represents a significant milestone for ALAND, marking the company’s first major move into Sydney’s inner-city luxury apartment market after more than two decades delivering large-scale residential communities across Greater Sydney. Founder Andrew Hrsto says the Walker Street site stood apart because of both its positioning and its rarity.

[smartcode_project:default project_id=134323 project_image_fid=6390]

“As a company, we had been searching for a site in one of Sydney’s blue-chip locations, spanning the Eastern Suburbs, the Sydney CBD and the North Shore, and when we had the opportunity to purchase this site, we immediately recognised that it could be something iconic.”

At launch, The Walden recorded more than $103 million in sales, with buyers drawn to the project’s harbour positioning, apartment scale, and proximity to the Metro, which now connects North Sydney to Barangaroo in three minutes and Martin Place in five.

ALAND has commenced construction, and is expecting a completion date in 2028.

[smartcode_project_cta:default project_id=134323]

The Walden pairs house-scale living with North Sydney connectivity

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

<html><body>
The Andrews Labor Government have just announced a brand-new funding scheme which aims to protect hundreds of vulnerable Australians who live in apartment buildings with hazardous cladding.

A $600 million fund will be administered by a newly-formed body, Cladding Safety Victoria and will strive to rectify at least 500 buildings with high-risk, combustible cladding, with an outlook to raise the additional $300 million over the next five years to cover more buildings which have been deemed unsafe.

The rectification project was recommended by the <a href="https://www.planning.vic.gov.au/building-policy/victorian-cladding-taskforce">Victorian Cladding Taskforce</a> in their most recent report. The Taskforce previously suggested that the Victorian Government ban the use of aluminium cladding panels that have a polyethylene core of more than 30% and expanded polystyrene that is used on buildings with 3 or more levels, and the policy was passed March 2018.

Premier Daniel Andrews commented that the world-first initiative would fix “most buildings at risk” and help protect residents of Victoria against the danger of non-compliant building materials.

<blockquote>
“Combustible cladding is a national problem and we want the Federal Government to be part of the solution here in Victoria.”
</blockquote>

Premier Daniel Andrews

So far, The Taskforce has identified 15 properties which will be first on the list to undergo remedial works. Cladding Safety Victoria will also be contacting owners corporations and property owners to investigate which buildings are at the greatest risk. The government also plan to revise the Building Code to decipher what legislative changes are required in order to provide better protection for all.

<blockquote>
“This isn’t just about safety, it’s about fairness for people who bought apartments in good faith and were let down by dodgy builders or dangerous building products.”
</blockquote>

Minister for Planning Richard Wynne

The Taskforce has suggested that the Victorian Government seek financial contribution from the Commonwealth due to the problem affecting buildings nation-wide.

Lead image: Lacrosse Tower in Docklands, Credit: The Urban Developer
</body></html>

Olivia Round

Cladding rectification: Victorian Government announces new fund to fix hundreds of unsafe homes

<html><body>
The Federal government has refused to give $300 million to help Victoria's efforts to replace combustable cladding on 500 at risk apartment blocks.
"It's a bit rich now for them or any state to say someone else has to fund a problem that they created," Industry Minister Karen Andrews told The Australian Financial Review.
Yesterday it was reported the Andrews government asked to get the Morrison government to match the $300 million that they have put aside for the remediation works.
It is understood that if the Morrison government said no, there would be an increase to the building permit levy over the next five years.
The new body, Cladding Safety Victoria, will oversee the fund and will be getting to work within the next few weeks on the 15 highest risk buildings.
<div class="block-content">
<div class="styles__Container-sc-1ylecsg-0 goULFa">Planning Minister Richard Wynee said it's just as much about safety as it is about fairness for people who bought apartments in good faith and were let down by dodgy builders or dangerous building products.</div>
</div>
The move is among 35 recommendations made to the Victorian Government after 2,227 buildings had been inspected as of July 5.
Of those, seven percent were rated as an extreme risk, 40 percent a high risk and 38 per cent moderate risk.
The data, presented at an industry conference, showed one evacuation order had been issued for a private building.
Emergency orders for urgent works were made on 51 properties with building notices issued on a further 387. 
The 35 recommendations were made by the Victorian Cladding Taskforce, headed up by former Liberal premier Ted Baillieu and former Labor deputy premier John Thwaites.
 
</body></html>

wdavis-8cCN98p7xp

Federal government says no to $300 million Victorian combustible cladding compensation

<html><body>
The NAB have forecast an upcoming stabilization in the housing market, but suggest a flat market in the near future.
"NAB's view is that prices will stabilise in the near term, and remain broadly flat over the next year or so," the big four bank advised.
They had previously expected further falls of around five percent in Sydney and Melbourne.
NAB expect both Sydney and Melbourne to see little change in 2020. They forecast total house price declines of 4.4% over 2019 in Sydney and 5.1% in Melbourne.
<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/2019/7/17/NAB%20House%20Price%20Forecasts.jpg" alt="">
Peak to trough losses in Sydney looks to be around 15% and Melbourne around 11%.
Hobart is forecast to be the strongest performer in 2019 and 2020.
NAB forecast it will be the only capital city with house price growth next year.
The NAB Residential Property Survey for Q2 2019 saw an increase in market sentiment following the federal election.
The seven point jump took the NAB Residential Property Index to a 12 month high, although it still sits in the negative.
<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/2019/7/17/NAB%20Residential%20Property%20Index.jpg" alt="">
Future expectations improved sharply.
"The average survey expectation now is for basically flat national house prices in the next 12 months, reversing expectations for further declines in the last survey," NAB suggested. 
NAB are the second big four bank to amend their house price forecast following a slowing in house price declines.
ANZ <a href="/news/anz-sees-bottoming-of-the-housing-market-in-coming-months">amended their forecast</a>, however suggested, after the imminent bottoming of the market, there will be growth in the bank end of 2019 and prices will jump around three percent over 2020.
</body></html>

jrobinson-rf4aSBido9

NAB forecast flat property prices in Sydney and Melbourne

<html><body>
Former ABC chairman Justin Milne and Anna Cicognani are selling Erinagh, their Rozelle home.
They've had the home for nearly two decades, having paid $1.15 million in 2000 for an original late 1800s farmhouse with a period cottage.
No word on where to next, but Cobden &amp; Hayson Balmain agents Danny Cobden and Samantha Elvy have a $4.8 million guide for a July 27 auction.
<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/2019/7/31/milne%20rozelle%202.jpg" alt="">
The fully modernised home has five bedrooms and four bathrooms across its two levels, as well as a parking for four cars.
Comprising high ceilings and an Indian limestone paved terrace, the home features a private lounge and a custom office.
The ground level master wing has its own designer ensuite.
Late last year, Milne resigned from the ABC after allegations he asked for a number of journalists to be sacked after the fallout of managing director Michelle Guthrie's departure.
Milne had been in the ABC's top job since 2017. He moved to New South Wales in the 1980s having bought a film company in Sydney. He more recently had senior roles at Telstra, Microsoft and NBN.
He and Cicognani married in 1996.
In 2014 they spent $1,212,500 on a two bedroom investment home across the road that has been a $720 a week rental.
Milne previously owned houses in Balmain and Lindfield. 
The Erinagh property was the longtime 1800s home of the Toohey family who were the caretakers of Glebe Island Bridge.
This article first appeared in The Daily Telegraph.
</body></html>

firstname1-iYD4UYzvBa

Former ABC chairman Justin Milne lists Rozelle trophy home Erinagh

<html><body>
A common misconception with apartment living is that you have to give up having a garden. The beauty of modern developments today is that many developers employ award-winning landscape architecture firms to design world-class outdoor living spaces for residents to enjoy. 

We took a look at 5 of Australia's most beautiful gardens on the market right now.

#1 BURWOOD BRICKWORKS, VIC

Developer: <a href="/developers/frasers-property">Frasers Property</a>

Landscape Architect: GROUP GSA, OCCULUS

<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/burwood-1.jpg" rel="gallery-all" title="Credit: Frasers Property"><img alt="Credit: Frasers Property" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/burwood-1.jpg?itok=R8cUdqti" style="width: 580px; height: 319px;" title="Credit: Frasers Property"></a>

<figcaption>Credit: Frasers Property</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/burwood-2.jpg" rel="gallery-all" title="Credit: Frasers Property"><img alt="Credit: Frasers Property" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/burwood-2.jpg?itok=XiPSaA5J" style="width: 580px; height: 326px;" title="Credit: Frasers Property"></a>

<figcaption>Credit: Frasers Property</figcaption></figure>Burwood Brickworks is the exciting new development planned for Melbourne, which is also <a href="/expert-insights/burwood-brickworks-set-to-become-the-world-s-most-sustainable-retail-development">set to become the world’s most sustainable retail development</a>. For those who plan to buy one of the 700 off-the-plan homes within the precinct, they will be able to enjoy 2.5 hectares of open space and parklands, featuring sprawling lawns, native trees, expansive boardwalks and even a rooftop urban farm.

<hr>
#2 <a href="/buildings/live-brighton-1-bryson-avenue-brighton">NO. 1 BRYSON</a>, VIC

Developer: Circa Property Group

Landscape Architect: CBG Architects

<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/no1bryson-1.jpeg" rel="gallery-all" title="Credit: Circa Property Group"><img alt="Credit: Circa Property Group" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/no1bryson-1.jpeg?itok=GpOiY_Fs" style="width: 580px; height: 327px;" title="Credit: Circa Property Group"></a>

<figcaption>Credit: Circa Property Group</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/no1bryson-2.jpeg" rel="gallery-all" title="Credit: Circa Property Group"><img alt="Credit: Circa Property Group" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/no1bryson-2.jpeg?itok=bohZCSfh" style="width: 580px; height: 327px;" title="Credit: Circa Property Group"></a>

<figcaption>Credit: Circa Property Group</figcaption></figure>No.1 Bryson is a luxury collection of eight boutique apartments in Brighton, Melbourne. The development features delicate creeper vines, lush mature trees, manicured lawn and shaded seating area complete with a brazier. A dynamic range of shrubs, hedges and tall trees provide optimum privacy, shelter and create a restful environment for residents to enjoy year-round.

<hr>
#3 <a href="/buildings/riverlight-320-macarthur-avenue-hamilton">RIVERLIGHT</a>, QLD

Developer: <a href="/developers/frasers-property">Frasers Property</a>

Landscape Architect: Lat27

<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/riverlight-1.png" rel="gallery-all" title="Credit: Frasers Property"><img alt="Credit: Frasers Property" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/riverlight-1.png?itok=bj4jTcEA" style="width: 580px; height: 388px;" title="Credit: Frasers Property"></a>

<figcaption>Credit: Frasers Property</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/riverlight-2.png" rel="gallery-all" title="Credit: Frasers Property"><img alt="Credit: Frasers Property" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/riverlight-2.png?itok=7mZAP7AW" style="width: 580px; height: 329px;" title="Credit: Frasers Property"></a>

<figcaption>Credit: Frasers Property</figcaption></figure>Riverlight apartments are situated within the Hamilton Reach precinct in Queensland, which has been designed with a sustainable focus and to reflect the area's natural surroundings. The grounds of Riverlight feature a fantastic selection of raised moss beds, creating a quirky and unique aesthetic, as well as plenty illuminated concrete garden beds which double as seating areas. The development also draws inspiration from its coastal setting with tall palm trees, shingle pathways, wooden boardwalks and decorative pier pilings.

<hr>
#4 <a href="/buildings/the-langston-epping-12-22-langston-place-epping">THE LANGSTON TOWER</a>, NSW 

Developer: <a href="/developers/cbus-property">Cbus Property</a>

Landscape Architect: Arcadia

<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/langstontower-1.png" rel="gallery-all" title="Credit: Cbus Property"><img alt="Credit: Cbus Property" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/langstontower-1.png?itok=nSUyG0cq" style="width: 580px; height: 306px;" title="Credit: Cbus Property"></a>

<figcaption>Credit: Cbus Property</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/langstontower-2.png" rel="gallery-all" title="Credit: Cbus Property"><img alt="Credit: Cbus Property" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/langstontower-2.png?itok=k0Jx9z4p" style="width: 580px; height: 342px;" title="Credit: Cbus Property"></a>

<figcaption>Credit: Cbus Property</figcaption></figure>The Langston Tower in Epping, New South Wales features multiple beautifully curated areas of greenery with plenty of designated zones for residents to connect. The aesthetic combines a stunning fusion of an English garden (bright blue an purple wildflowers, raised garden beds, delicate vines and flowering trees) with beach-style succulents and natural wooden decking.

<hr>
#5 <a href="/buildings/one-248-flinders-street-adelaide">ONE</a>, SA 

Developer: <a href="/developers/guavalime">Guavalime</a>

Landscape Architect: Loucas Zahos

<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/one_1.jpg" rel="gallery-all" title="Credit: Guavalime"><img alt="Credit: Guavalime" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/one_1.jpg?itok=lSrGerNX" style="width: 580px; height: 812px;" title="Credit: Guavalime"></a>

<figcaption>Credit: Guavalime</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/one_2.jpg" rel="gallery-all" title="Credit: Guavalime"><img alt="Credit: Guavalime" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/one_2.jpg?itok=bvf99XQx" style="width: 580px; height: 359px;" title="Credit: Guavalime"></a>

<figcaption>Credit: Guavalime</figcaption></figure>ONE apartments are located at 248 Flinders Street in Adelaide and feature a stunning rooftop garden with panoramic views extending out across the city. The urban oasis features soft ferns which border the periphery of the deck and vertical greenery to create a lush forest effect, while mature trees in wooden planter boxes act as a centrepiece as well as a place to sit and relax amongst nature.

Lead image: No.1 Bryson
</body></html>

5 of Australia's top apartment gardens

<html><body>
Choosing a commute that will boost your happiness, fitness and your bank balance seems like a logical option. However, avid cyclist, Christopher Jones believes infrastructure improvement, cyclist safety and storage security are a few areas which need attention before more Australians ditch their cars anytime soon.

<blockquote>
“Politicians and motorists tend to be fearful that by improving cycling infrastructure, it will disadvantage drivers. Instead, safer and convenient cycling infrastructure directly benefits motorists. Not only are there fewer vehicles and less congestion, but the traffic guidance is also clearer and safer for all road users.”
</blockquote>

- Christopher Jones, Bicycle Network Australia Founder

Christopher Jones is the founder and author of Bicycles Network Australia – the country’s leading cycling platform, with 220,000+ monthly readers, and a thriving forum where passionate cyclists can connect and discuss pertinent topics. After noticing a significant trend towards amplified bicycle parking in brand new apartment developments, we reached out to Christopher Jones to find out whether Australian cities are equipped to cater to a reinvigorated cycling movement.

Urban.com.au: Have you noticed a growth in the cycling culture in Australia in recent years? Do you believe this could be due to environmental reasons?

Christopher Jones: Although Australia has a strong heritage in sports cycling, functional cycling is slowly coming back into favour because it can be the most convenient available travel option. The environmental benefits of cycling may still be a secondary benefit for many however consumers who are rethinking their lifestyles in the face of climate change (and taking action to reduce plastic waste or buying local produce), bike riding naturally aligns with the ideals of sustainability. On Bicycles Network Australia, we have recognised an interest in cycling for transport with the interest in the E-bike discussion forum and based on demand to create a new ‘Cargo and Utility Bikes” discussion forum.

U: Do you believe there are sufficient cycle tracks for commuting in Australia?

CJ: The state of cycling infrastructure in Australia is embarrassing when considering the comparatively low costs and wide-reaching benefits. With the exception of Canberra, Australian states/territories allocate <a href="https://theconversation.com/cycling-and-walking-are-short-changed-when-it-comes-to-transport-funding-in-australia-92574">less than 1.5% of their roads budget on cycling infrastructure</a>. In New South Wales the combined budget of cycling and pedestrian infrastructure is about 0.5% of the roads budget and Government doesn’t publicise how the money is actually spent. Without safe and convenient cycling infrastructure and facilities, travel by bike is simply not an option for people and the reliance on private vehicles remains. In Canberra, the spending on bicycle infrastructure is significantly higher than across the rest of the nation and the result is that there is also a higher percentage of people commuting by bike. As there are fewer cars, the roads are less congested and travel across the board (by car, public transport or bike) is more convenient for all. Some municipalities and regions such as Newcastle have however taken initiatives to improve local infrastructure for recreational and commuter bike riders. 

U: What are the best facilities new apartment developments could provide for cyclists?

CJ: Theft is a continuing risk for a bike owner, even when they have access to shared bike-storage rooms or private lockable cages. As a result, security precautions are also important and for apartments, this can include video surveillance, access control (to restrict access), permanent security attachments (such as rings/hoops to which a bike can chain) as well as screen/liners for cages to stop prying eyes from easily seeing personal contents. The adoption of utility bikes is increasing, for example, a family living in a city or town can replace a car with a cargo bike that has space to ferry young children about town and also go shopping. For these type of utility bikes, sufficient parking should be provided. A further consideration is that charging outlets for e-bikes should be provided. Electricity costs are marginal for e-bikes (typically a complete charge for an e-bike is well below 10 cents) so it would be reasonable to provide the e-bike battery charging outlets.

U: Which country do you believe best accommodates cyclists in terms of safety, routes and infrastructure/landscaping?

CJ: Holland and Denmark are world leaders in cycling infrastructure and social integration of cycling. Progressive transport, however, can also be very regional and in the example of San Francisco, the congestion prompted the city to move aggressively towards mixed-modal transport and reduce the reliance on private cars. 

U: You mentioned in an article on <a href="http://bicycles.net.au/" target="_blank">bicycles.net.au</a> that "Infrastructure, and changing driver’s attitudes, are where we think the government needs to begin making a serious effort." What are some changes in government policy and infrastructure improvements that you would like to see made?

CJ: In 2013, the Australian Government published the <a href="https://www.infrastructure.gov.au/infrastructure/pab/active_transport/files/infra1874_mcu_active_travel_report_final.pdf">'Walking, Riding and Access to Public Transport' report</a> which shows that on a federal level they understand the benefits however they have not taken any substantial action.  Most of the transportation infrastructure is guided by State Government policy who traditionally prioritise private vehicles above all else. This needs to shift towards a mixed modal transport focus which is about providing people with accessible, convenient and sustainable transport options. The advantage is that this doesn’t simply take away private cars, rather it introduces other transport options such as improved public transport, pathing the way for electric cars and autonomous cars and building convenient and safe cycling infrastructure. The result is the transport balance is improved and it delivers option and convenience for people travelling.  To accomplish this, State Governments need to significantly increase their budgets for cycling and pedestrian infrastructure. They also need to be accountable and be able to show how the money has been spent. New road developments along with private developments and public facilities need to be evaluated for accessibility and end-of-trip facilities. Local councils need to be supported particularly for creating linked cycling networks the crossed different municipalities. In addition to spending, road user education is a significant challenge as there is a concerning trend of animosity towards bicycle riders; too many drivers do not drive with an awareness of bike riders (e.g. safe passing) and some behave dangerously. Road user education begins with “safe travel” curriculum in schools, continues through to licensing of new drivers and public safety messaging. Law enforcement needs to be improved so that traffic violations can be reported and that the police are proactive in enforcing the laws which protect the safety of bicycle riders. Financial incentives such as tax deductions for bike commuters would also encourage more people to travel by bike. And finally, following the lead of New Zealand, Australia has an untapped potential for cycle recreation and tourism. Increasing the availability and attractiveness of cycling for recreation goes hand-in-hand with functional cycling.

Thank you to Christopher Jones for providing insights and commentary. Lead image credit: Mark Haughton

<hr>
<h2>THE LOW DOWN ON CYCLING</h2>

<ul>
<li>
	The Australian Bicycle Council took a look at the amount spent on cycling per capita in the years 2011 and 2016. They found that while there was no change in NSW, there was a substantial drop in Victoria and rapid increase for Northern Territories and ACT.
	</li>
</ul>
<table border="1" cellpadding="1" cellspacing="1" style="width:500px;"><tbody>
<tr>
<td>STATE</td>
			<td>2011</td>
			<td>2016</td>
		</tr>
<tr>
<td>NSW</td>
			<td>$10</td>
			<td>$10</td>
		</tr>
<tr>
<td>VIC</td>
			<td>$11</td>
			<td>$7</td>
		</tr>
<tr>
<td>QLD</td>
			<td>$15</td>
			<td>$17</td>
		</tr>
<tr>
<td>SA</td>
			<td>$7</td>
			<td>$5</td>
		</tr>
<tr>
<td>WA</td>
			<td>$12</td>
			<td>$14</td>
		</tr>
<tr>
<td>TAS</td>
			<td>$2</td>
			<td>$9</td>
		</tr>
<tr>
<td>NT</td>
			<td>$15</td>
			<td>$36</td>
		</tr>
<tr>
<td>ACT</td>
			<td>$10</td>
			<td>$79</td>
		</tr>
</tbody></table>
Source: <a href="https://theconversation.com/cycling-and-walking-are-short-changed-when-it-comes-to-transport-funding-in-australia-92574">The Conversation</a>

A common reason for a lack of cycling infrastructure investment could be due to the anticipated effort associated with retrofitting our roads to accommodate cycle lanes.

<blockquote>
"Our cities, which have some of the widest roads in the world, are supposedly too difficult to retrofit for walking and cycling. Many older cities overseas have redesigned much narrower streets for active transport."
</blockquote>

- The Conversation, Cycling and walking are short-changed when it comes to transport funding in 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/bicycles-4245347_1920.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="386" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/bicycles-4245347_1920.jpg?itok=FaJAVDce" width="580"></a></figure><ul>
<li>
	Monash University recently embarked on a <a href="https://www.monash.edu/news/articles/more-than-a-stripe-of-paint-needed-to-keep-cyclists-safe">research study</a> which saw 60 cyclists in Melbourne carry a MetreBox while riding to establish how closely motor vehicles would get to them in passing. Results found that one in every 17 passing events came within one metre of the cyclist, and 124 of the 18,500 passed with less than 60cm. In zones with a speed limit greater than 60kmph, almost one in every three passing cars was considered a 'close' pass. 
	</li>
</ul>
<blockquote>
“We know that vehicles driving closely to cyclists increases how unsafe people feel when riding bikes and acts as a strong barrier to increasing cycling participation."
</blockquote>

- Dr Ben Beck, Monash University's Deputy Head of Prehospital, Emergency and Trauma Research and President of the Australasian Injury Prevention Network 

The study concluded that in order to keep cyclists in Australia safe, there would need to be something more substantial installed as opposed to a strip of paint on the road.

<ul>
<li>
	Cycling two abreast (side by side) is currently legal across the country and <a href="https://au.news.yahoo.com/two-abreast-side-by-side-bicycle-rider-road-rule-motorist-rage-230454606?guccounter=1&amp;guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&amp;guce_referrer_sig=AQAAACVnNJDDZuHewfNvlvkBvZK-anqwhdKNPAM1ej_4qMQcQBKPQCjUU-WDX6_UskxJT7-RcVLWgfr53VUhwZCEuLM1tc1OoO3MCtnmJ14REK4kcljN9XzJ-UZLX2H_s8FFGmxmAA0S4wldynupC7yaTt2UPxzTqHML6ZSm6cToMGNH">encouraged by authorities</a>, despite its controversy.
	</li>
	<li>
	Car spaces within an apartment building can add <a href="https://reiv.com.au/policy-resources/latest-news/car-space-adds-more-than-%24100,000-to-apartment-pri">anywhere up to $100,000</a> to the cost of your apartment. While many people specifically require motorised vehicles for a number of reasons, <a href="https://participate.melbourne.vic.gov.au/transportstrategy/car-parking">recent data</a> shows that parking spaces outnumbered vehicles by approximately 40%, with up to one-third vacant residential parking spots.
	</li>
	<li>
	There has also been a <a href="https://s23705.pcdn.co/wp-content/uploads/2019/04/Bicycle-Network_2019-Federal-election-priority-paper-1.pdf">recent request</a> by Bicycle Network to incentivise cycling to work, through the form of government grants. The request asked that commuters receive a government benefit of $5 for every trip made to work via bicycle.
	</li>
	<li>
	Another <a href="https://thenewdaily.com.au/life/wellbeing/2019/07/05/cycling-walking-work/">recent study</a> conducted found that of the 1,121 employees surveyed (based in Melbourne, Sydney and Brisbane) felt more "relaxed, calm, enthusiastic, and satisfied with their commuting trips, and were more productive".
	</li>
</ul>
<h2>Will we see a shift from car-centric infrastructure to a 'complete streets' which incorporate cycling as a main mode of transport?</h2>

As dialogue regarding the safety and inclusivity of cycling is regularly brought up in the mainstream media, it's clear that there is room for improvement and investment. <a href="https://www.theguardian.com/lifeandstyle/2019/jun/24/making-cycling-safer-and-more-appealing">Newcastle Cycling Campaign Chair Sally Watson commented</a> that she wouldn't let her children cycle in the designated lanes on the roads as they are not safe enough and don't give everyone the option of cycling if they wish to commute this way.

<blockquote>
"We need to design cycling infrastructure that works for everyone, not just the 3% of the population who cycle already."
</blockquote>

- Sally Watson, Newcastle Cycling Campaign Chair

The concept of complete streets is an infrastructure design which provides a safe and efficient way for motorists, cyclists and pedestrians to navigate roads in a harmonious way. A great example of this is the Bondi Junction – Waverley Council in NSW engaged placemaking and urban design firm RobertsDay to design a <a href="https://www.robertsday.com.au/places/bondi-junction/">Bondi Junction Complete Streets Strategy</a> that would transform the area from car-centric to people-centric.

<figure><img alt="" class="image-article_full_width_580px" height="317" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/robertsday-bondi-junction-complete-streets-nsw-1.jpg?itok=eIoXSsPh" title="Bondi Junction Complete Streets NSW. Credit: RobertsDay" width="580"><figcaption>Bondi Junction Complete Streets NSW. Credit: RobertsDay</figcaption></figure>The strategy involved a 20-year masterplan, however, a pop-up demonstration enabled residents to experience what the transformative project could be like. The trial resulted in 60% of retailers reporting an increase in business in the first 3 months, and the project received overwhelming support from the public. 

What infrastructure upgrades would you like to see made in Australia? Share your opinion in the comments.

Lead image credit: Mark Haughton
</body></html>

Bicycles Network Australia's Christopher Jones discusses the future of cycle-culture in Australia

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Screenwriter and producer Stephen Irwin and wife Sarah have sold their Brisbane home.
Irwin, whose writing and production work includes ABC's Harrow and the Netflix series Tidelands, secured $1.07 million for the Samford Village home in the Moreton Bay region.
The couple paid $1.07 million three years ago.
On the 8,160 square metre grounds is a late 1990s built four bedroom main residence, a separate two bedroom self-contained granny flat, and art studio and a swimming pool.
Coronis Arana Hills agents Tamika Kent and Sam Scott sold the home.
Irwin is also a novelist and is the author of supernatural thrillers The Dead Path which was named the Top Horror Title in the American Library Association's 2011 reading list.
This article was first published in the Weekend Australian.  
<div class="mod" lang="en-AU" data-attrid="kc:/people/person:born" data-md="1001" data-hveid="CBIQBA" data-ved="2ahUKEwjgs_Sut_TiAhXaV30KHQa9Az4QkCkwJHoECBIQBA"> </div>
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Harrow screenwriter Stephen Irwin sells Brisbane home

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House prices in Townsville have declined with the collapse in mining investment, according to the BIS Oxford Economics Residential Property Prospects 2019 to 2022 report.
With investment now troughed and vacancy rates beginning to tighten, house price growth is expected to slowly return.
A rise of 9% is forecast in the three years to June 2022.
The Gold Coast and Sunshine Coast have each enjoyed solid house price rises, benefiting from strong migration inflows and an undersupplied market. 
Vacancy rates are low, but supply is rising, the report suggested.
This will slow price growth, with total rises of 9% and 7% respectively forecast in the three years to June 2022.
Cairns has not been as exposed to the resource sector and has experienced moderate price growth in recent years.
This is expected to soften some of the upside to house prices with a total rise of 6% forecast in the three years to June 2022.
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j.ballantyne1990-6AQqhLzZaK

Townsville house prices in decline after collapse in mining investment: BIS Oxford Economics  

<html><body>
Sebastian Monsour, the former chief executive of real estate development firm Majella Group, is selling his Brisbane home.
Monsour along with wife Megan, paid $590,000 for the Enogerra home brand new in 2005.
Set on 425 square metres, the home has five bedrooms, three bathrooms and two entertaining patios. 
Estate agent John Kyranis had scheduled a June auction, but will now take offers over $930,000.
<div>
<source media="(min-width: 1024px)" srcset="https://static.ffx.io/images/$zoom_0.361%2C$multiply_1%2C$ratio_1.776846%2C$width_1059%2C$x_0%2C$y_68/t_crop_custom/w_800/q_86%2Cf_auto/a2617cea51de1098376e0d773f913222e0448540, https://static.ffx.io/images/$zoom_0.361%2C$multiply_1.51%2C$ratio_1.776846%2C$width_1059%2C$x_0%2C$y_68/t_crop_custom/w_1600/q_62%2Cf_auto/a2617cea51de1098376e0d773f913222e0448540 2x"></source><source media="(min-width: 768px)" srcset="https://static.ffx.io/images/$zoom_0.361%2C$multiply_1%2C$ratio_1.776846%2C$width_1059%2C$x_0%2C$y_68/t_crop_custom/w_728/q_86%2Cf_auto/a2617cea51de1098376e0d773f913222e0448540, https://static.ffx.io/images/$zoom_0.361%2C$multiply_1.37%2C$ratio_1.776846%2C$width_1059%2C$x_0%2C$y_68/t_crop_custom/w_1456/q_62%2Cf_auto/a2617cea51de1098376e0d773f913222e0448540 2x"></source>
</div>
This article was first published in the Weekend Australian.  
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Former Majella Group boss Sebastian Monsour lists Brisbane home

<html><body>
A Sorrento five bedroom house with water views listed for $3.28 million last year has been sold for $2,888,000.
It was offered through Ray White Surfers Paradise agent Ben Illes.
It last sold in 2011 for $2.35 million having been built in 2008.
<a href="https://www.realestate.com.au/property-house-qld-bundall-128781194" target="_blank">Located at 72 Blair Athol Crescent, Bundall</a>, the house comes with five generously sized bedrooms, media room, wine cellar, working office, kitchen with Miele appliances, living with crystal chandelier and alfresco with water views.
<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/2018/7/10/BUNDALL%202.jpg" alt="">
Other features include the pool and ourdoor area.
The suburb's median house price sits at<a href="/developments/bundall-qld-4217"> $1.03 million</a>, according to CoreLogic.
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