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?

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Following the launch of Monash Peninsula's sustainable student accommodation, <a href="/developments/frankston-vic-3199">Gillies Hall</a> – Urban.com.au caught up with <a href="/builders/multiplex">Multiplex </a>Project Manager Danielle Savio regarding the use of cross-laminated timber, building material choices and how the team went about meeting construction deadlines for the project. 

Urban.com.au: Given the size of Monash Peninsula’s student accommodation building, were there any challenges associated with using Cross Laminated Timber for a building of this size as opposed to concrete or steel?

Danielle Savio: The new highly sustainable student accommodation complex, Gillies Hall, located at Monash University’s Peninsula Campus was Multiplex’s first foray into cross-laminated timber (CLT) construction, and it was a huge success. The use of CLT has the capacity to halve the embodied carbon in the building in comparison to a concrete structure.

Cross Laminated Timber performs very well structurally and it is growing increasingly more common with several medium-rise buildings now popping up all around the world, including here in Australia. Timber is undoubtedly making a comeback as a building material due to its sustainability and aesthetic.

In terms of structure, building in CLT was simple and efficient. A CLT building is lighter so the foundations and concrete ground slab are simpler and smaller. There are less contractors and labour on site making for a safer working area, and since the material comes to site pre-cut (CLT goes together like a giant 3D timber puzzle), the site is cleaner and much easier to navigate.

There is a lot involved logistically in getting the CLT panels to site in the correct order for installation, however our sophisticated suppliers know how to execute this easily and efficiently. Essentially when it comes to CLT, it is more of an assemble rather than a build. 

<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/monashpeninsula_handover_009_a3.jpg" rel="gallery-all" title="Monash Peninsula Student Accommodation"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/monashpeninsula_handover_009_a3.jpg?itok=VhREcW-r" title="Monash Peninsula Student Accommodation" width="580"></a>

<figcaption>Monash Peninsula Student Accommodation</figcaption></figure>U: What was the reason for sourcing the CLT from Italy rather than Australia?

DS: What was a challenge, particularly in what is a fairly immature supply chain in Australia, was getting the CLT in time for the project and at the speeds were going to be building at. As the Australian market gets more suppliers of CLT on line, supply will steady and large projects won’t be an issue, but at the time we were engaged to deliver the CLT, we really needed to look to Europe for supply.

Our Italian supplier Xlam Dolomiti worked with us to design and deliver the student accommodation. They have a real ‘hands-on’ approach and were heavily involved with our architect and engineering teams and were happy to educate us along the way.

Xlam Dolomiti also has a great relationship with Rothoblaas who supplied all the timber connecting plates and fixings for the project, so there was a seamless delivery of CLT and fixings.

U: How did you manage the logistics of building to such a tight deadline? What would be your plan of action if there was a delay in delivery of the CLT?

DS: While we were building to a tight deadline, we were extremely confident in our supply chain and all parties were very committed to the delivery program. At Multiplex, we believe it’s important to visit the supply at the source – one visit to a factory will immediately tell you whether there is capacity to produce the intended supply. We also build solid relationships with suppliers.

When it comes to potential complications in sourcing the material overseas, one major risk factor is the material’s access into Australia - unfortunately customs aren’t always predictable. There were, however, contingency plans in place in the event of any delays. Monash University was also very understanding of what delays would mean for the project.

Thankfully, intricate planning and collaboration between all parties made for a successful, on-time delivery.

<div class="rtecenter">RELATED ARTICLES</div>

<div class="rtecenter"><a href="/news/monash-university-refreshes-its-20-year-campus-master-plans">MONASH UNIVERSITY REFRESHES ITS 20 YEAR MASTERPLAN</a></div>

<div class="rtecenter"><a href="/news/monash-peninsula-opens-passivhaus-accredited-student-housing">MONASH PENINSULA OPENS PASSIV-HAUS ACCREDITED STUDENT HOUSING</a></div>

<div class="rtecenter"> </div>

U: Do you believe CLT will be used to construct taller buildings in future – such as skyscrapers like The W350 Project in Tokyo?

DS: Yes, I believe CLT will be used to construct taller buildings in the future as CLT has amazing capabilities. The material has already been utilised on many existing taller buildings where the old foundations could only take so much concrete and steel weight.

In my opinion, the potential of timber is endless as it is sustainable, sturdy and architects love it for its character. As engineers and developers become more familiar with CLT, I’m sure it will become extremely common in construction, in particular for high-rise buildings.  

U: Japan passed a bill to ensure all government buildings up to three-stories tall should be constructed with wood or utilising wood. Do you believe this is a rule Australia could adopt in future to achieve sustainability and build efficiency?

At this stage it would be a hard rule to adopt in Australia given our limited supply chain, however a progressive movement could create the demand necessary to encourage Australia to produce more mass timber products.

Monash Peninsula was built using CLT in line with Monash University’s net zero carbon emissions strategy. The University was driven to use innovative and highly sustainable construction methods as it wanted the accommodation to be built to the most efficient and highest performance criteria possible.

For this project, we adopted a German Passive House standard for our build, which is a performance standard which sets the bar extremely high in terms of thermal performance and building envelope. The building has just been awarded Passive House certification and is now the largest Passive House building in the Southern Hemisphere.

I would love to see more large-scale Passive House projects here in Australia and I’m sure CLT will be a really big part of that.

<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/gillies_hall_monash_certification_seal.png" rel="gallery-all" title="The Passiv-haus accredited building."><img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/gillies_hall_monash_certification_seal.png?itok=wUpp6iVp" title="The Passiv-haus accredited building." width="580"></a>

<figcaption>The Passiv-haus accredited building.</figcaption></figure>U: The building features multiple solar panels, which is great for the planet and for the campus’ energy-efficiency credentials. How many Multiplex buildings have recently requested solar panel installation?

DS: Many of our projects at Multiplex, particularly our institutional work, feature large solar arrays and many others have the capacity to link future solar electrical supply. It’s great to see such significant projects adopt such a positive initiative, however as always it ultimately comes down to client objectives.  

U: Does Multiplex have a lot of say when it comes to choosing materials used?

DS: Multiplex and other builders are increasingly being engaged early in projects to influence and assist with best building practices and building outcomes for a project. In that capacity we often think outside of the box with regards to how projects will come together and this often helps a client or architect realise a design or functional outcome. And it often leads to a better financial outcome.

In this capacity, yes, we often influence what materials or construction methods will be used to deliver a project. I think this is great for a client who wants to get the best out of our expertise and the best bang for their buck.

This could include using steel or CLT in lieu of traditional construction methods or prefabricated methodologies instead of ‘build on site’.

<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/monashpeninsula_handover_003_a3.jpg" rel="gallery-all" title="Communal student areas"><img alt="" class="image-article-full-width-580px" height="383" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/monashpeninsula_handover_003_a3.jpg?itok=6UveytFJ" title="Communal student areas" width="580"></a>

<figcaption>Communal student areas</figcaption></figure>U: Which Monash building are you most proud of and why?

DS: So far, Gillies Hall is the only project we have worked on at Monash Peninsula campus, however Multiplex has completed many projects for the University including various student accommodation complexes, innovative new learning spaces, and contemporary art facilities. Recent projects include the prestigious new $81 million Biomedical Learning and Teaching Building.

I believe the new student accommodation at Monash Peninsula has set a new benchmark for student accommodation, particularly receiving Passive House certification on such a large scale. Designed by high-profile architects <a href="/architects/jackson-clements-burrows-architects">Jackson Clements Burrows</a>, Gillies Hall includes communal kitchens, games rooms and principle apartments with a total floor area of 6,000 square metres.

The building is innovative and beautifully detailed and is a statement piece for the Peninsula Campus. We are thrilled to be a part of such progressive and highly-sustainable student accommodation and together, with Monash University, we have set a new industry standard for environmentally sustainable and economic construction.
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Olivia Round

Multiplex's Danielle Savio gives insight into the benefits of using cross laminated timber

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Former rugby league star Ben Barba is selling his Brisbane investment property.
Barba, whose fall from grace has seen him swap a $500,000-a-year league career to being a labourer, paid $769,000 in 2013 for <a href="https://www.realestate.com.au/property-house-qld-everton+park-130905414" target="_blank">the Everton Park home</a>.
It was bought after his move to the Broncos.
Barba only spent one season at Red Hill before moving to the Cronulla Sharks when the four-bedroom home became a $750 a week rental.
Innov8 Property Sales ­Albany Creek agent Michael Spillane is seeking offers above $849,000.
The vast 1985-built home sits on 1100 square metres.
Barba retains his $1.18 million Caringbah South home that became a rental after the winger headed to France to play rugby union in 2017.
The former Dally M Medallist currently faces two charges of public nuisance following an alleged domestic violence incident on Australia Day at the Townsville Casino with his partner Ainslie Currie, which led to his sacking by the North Queensland Cowboys.
With his league career in tatters, Barba has been a lab­ourer at a Mackay garage door manufacturing business owned by his cousin Adam Doull.
Meanwhile, Barba plays soccer for the Mackay Rangers in the Mackay Premier League.
This article was first published in the Sunday Telegraph.
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firstname1-iYD4UYzvBa

Former NRL star Ben Barba lists Queensland investment

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The sale price of the Woollahra investment apartment of Today Show host Georgie Gardner and her investment banker husband Tim Baker has emerged as $862,500.
It failed to find a March auction buyer and sold later at an undisclosed price.
The couple had initially hoped agent Bethwyn Richards would ­secure $900,000.
The top floor two-bedroom 1930s Edgecliff Road apartment cost $346,000 in 1998, four years before Gardner joined Nine.
They have also sold their Culburra Beach ­retreat for $800,000 through Ray White to Crookwell buyers.
The three-bedroom getaway cost $560,000 in 2007.
The listings came just weeks after the couple upgraded after eight years in Artarmon to a $6 million Mosman home.
This article was first published in the Sunday Telegraph.
 
 
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Today Show's Georgie Gardner scores subdued Woollahra sale

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LJ Hooker took down the video marketing of a luxury Padstow home after its raunchy marketing trended on Twitter last month.
The video was marketing a newly built home by its agent Sam Nader, who claimed the video had 60,000 views in its first 24 hours.
But it has paid off having sold for $1.72 million prior to this weekend's auction.
The luxury <a href="https://www.realestate.com.au/property-house-nsw-padstow-130990534" target="_blank" title="www.realestate.com.au">Padstow home at 42 Chamberlain Road</a> sold to a 23-year-old first homebuyer.
<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/2019/5/31/pad%202.jpg" alt="">
The Daily Telegraph reported the buyer saw the home after his brother told him about the property’s video.
It shows a man in a white Jaguar arrive and park in the driveway of the four bedroom, two bathroom home.
The cinematic offering then turned 50 shades of grey film-style as he's met inside by the blond female occupant, then dancing through the property's loungeroom, prowling across the kitchen benchtop, taking a swim, and then settling into bed as they tuned out the lights.
All cut to a thudding dirty dancing R&amp;B beat.
No simple walkthrough that most estate agency videos offer they vendors.
LJ Hooker apologised for the sexy two minute video saying it "missed the mark".
“LJ Hooker Bankstown is always looking for new ways to market our listings; however, this time we missed the mark,” it said in a statement.
“We live and we learn," adding the video had been "taken out of context by some".
Nader had earlier indicated marketed needed something different “in this property market to make it stand out.”
The home in south-western Sydney home replaced a 1950s fibre home following its $875,000 sale in 2016 to the vendor, Adam Ibrahim.
It was produced by the Sydney photography studio Opticool Studios. 
<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/2019/5/31/pad%203.jpg" alt="">
The ultra contemporary home comes with striking marble flooring and chandelier entry.
The rear of of the 550 square metre holding has a "glistening L-shaped saltwater swimming pool".
Padstow's four bedroom median house price has slipped over the past year for $1.1 million to $975,000.
 
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jchancellor-FAypfDUnLy

LJ Hooker Padstow sale after raunchy house video trended on Twitter 

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Renovation queen Cherie Barber, a regular on Channel 10’s The Living Room and the Your Money network, is selling her five-level Birchgrove investment.
With a $6.5 million guide, Barber hopes to make a tidy profit on the 2009 built, four-level harbourfront.
Since spending $4.05 million in 2014, Barber has undertaken a full renovation.
She relocated the internal lift and moved the stairway to enhance the views.
Barber seeks a buyer through Cobden &amp; Hayson agent Mark Bowis.
Set on 210 square metre on the Louisa Road dress circle, the home has over 300 square metres of living space.
Barber, who says she loves the harbourside suburb, has been getting $850 a night on Airbnb.
“There are lots of little vintage stores and eclectic housing and I’m very much into retro,” she says.
Her property portfolio stretches from Mount Druitt to Byron Bay where, in 2014, she bought from jeweller John Calleija for $3.4 million.
This article was first published in the Sunday Telegraph. 
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Renovation queen Cherie Barber lists modern Birchgrove home

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Known for their ultra-luxurious residences, <a href="/developers/gurner">GURNER™</a> will be making their debut into the hotel market, with plans for a New York-inspired 4.5 star hotel <a href="/developments/collingwood-vic-3066">development in Collingwood</a>.

The $120 million multi-use development will feature 95 luxury residential inspired hotel rooms, as well as 65 high-end residential apartments, and 700 square meters of ground floor retail.

<a href="/developers/gurner">GURNER™</a> aims to deliver year-round hotel services to residents to ensure all on-site amenities are offered across the board, meaning owner-occupiers can enjoy valet parking, right through to turn down and room service as they please.

This unique offering was born out of a synergistic partnership between <a href="/developers/gurner">GURNER™</a> and hospitality group Veriu, whose goals and visions aligned perfectly.

<blockquote>
“We will maintain close control over the concepts, design and experiences within the hotels which is why we have partnered with Veriu as the operator; their vision is closely aligned with ours to deliver high-end boutique hotels of a world-class standard.” 
</blockquote>

- Tim Gurner, founder and CEO of GURNER™

The design process is still underway with plans expected to be submitted late 2019, however, <a href="/developers/gurner">GURNER™</a> have eluded that the development will reference elements of Kit Kemp’s opulent Crosby Street Hotel in Manhattan, drawing inspiration from Kemp's bold, colourful luxe spaces. 

Located in central Collingwood at <a href="/buildings/atelier-22-33-johnston-street-collingwood">23-33 Johnson Street</a>, and across from the <a href="https://creative.vic.gov.au/showcase/co-working-and-collaboration/collingwood-arts-precinct">Cultural Arts Precinct</a> (designed by <a href="/architects/fieldwork">Fieldwork</a> + <a href="http://sbla.net.au/about-1">SBLA studio</a>), the goal is to attract travellers and visitors outside the CBD to embrace the wonderful arts and culture Collingwood has to offer.

Tim Gurner has personally delivered over 20 developments in the Collingwood area, with plans for even more residential buildings to be delivered in the near future.

<blockquote>
“[I] feel such an affinity for the area, but development sites here are becoming increasingly challenging to acquire so our strategic move into hotels will allow us to retain ownership in these assets into the future.” 
</blockquote>

- Tim Gurner, founder and CEO of GURNER™

<h2>OTHER COLLINGWOOD DEVELOPMENTS BY GURNER™</h2>

<a href="/buildings/107-cambridge-street-collingwood">107 Cambridge Street</a>

Architect: <a href="/architects/fraser-partners-0">Elenberg Fraser</a>

Status: Complete

<figure><img alt="" class="image-article-full-width-580px" height="380" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/107_cambridge_street_collingwood.jpg?itok=bnRSoxBu" title="107 Cambridge Street" width="580">

<figcaption>107 Cambridge Street</figcaption></figure><a href="/buildings/28-stanley-street-collingwood">24-28 Stanley Street</a>

Architect:<a href="/architects/warren-and-mahoney"> Warren and Mahoney</a> 
Status: Completed

<figure><img alt="" class="image-article-full-width-580px" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/24-28_stanley_street_collingwood.jpg?itok=cOgLgqav" title="24-28 Stanley Street" width="580">

<figcaption>24-28 Stanley Street</figcaption></figure><a href="/buildings/victoria-vine-1-57-wellington-street-collingwood">1-35 Wellington Street</a>

Architect: <a href="/architects/koichi-takada-architects">Koichi Takada Architects</a> 
Status: Concept stage

<figure><img alt="" class="image-article-full-width-580px" height="346" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/1-35_wellington_street_collingwood.jpg?itok=ZxrYDXfy" title="1-35 Wellington Street" width="580">

<figcaption>1-35 Wellington Street</figcaption></figure><a href="/buildings/e-s-smith-368-374-smith-street-collingwood">368-374 Smith Street</a>

Architect: <a href="/architects/warren-and-mahoney">Warren and Mahoney</a> 
Status: Approved

<figure><img alt="" class="image-article-full-width-580px" height="327" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/368-374_smith_street_collingwood.jpg?itok=WHOARnd6" title="368-374 Smith Street" width="580">

<figcaption>368-374 Smith Street</figcaption></figure><a href="/buildings/victoria-vine-1-57-wellington-street-collingwood">1-57 Wellington Street</a>

Architect: <a href="/architects/cox-architecture">Cox Architecture</a> 
Status: Approved

<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/1-57_wellington_street_collingwood_0.jpg" rel="gallery-all" title="1-57 Wellington Street"><img alt="" class="image-article-full-width-580px" height="382" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/1-57_wellington_street_collingwood_0.jpg?itok=3bIrmIWj" title="1-57 Wellington Street" width="580"></a>

<figcaption>1-57 Wellington Street</figcaption></figure>
</body></html>

GURNER™ makes first foray into hotel industry with New York-inspired Collingwood development

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"Really they were a dressed up private seller platform that was purported to be something else."
That's the view of REIA deputy president Hayden Groves, who told Ross Greenwood's 2GB last night that the exit from the Australian market confirmed yesterday, was good news.
"It hasn't worked here," Groves said.
Its Australian website had about 1400 property listings.
It had 3,600 verified five star reviews.
"They were really trying to take the real estate agents out of the process of real estate professional transactions, purporting the fact they were real estate agents which was curious.
Groves said in actual fact they were a dressed up private seller platform, pretending to be something else.
"It's great news for consumers of professional real estate services in the country because they were duped by false and misleading advertising by Purple Bricks purporting to be something they're not.
"They were saying that real estate practitioners in the traditional sense were nothing more than commission collectors and not undertaking their role correctly.
"They were saying they were real people and real real estate agents that they were going to be holding the hand of the consumer, seller, client in the selling process the process
"But of course their model, their agents weren't incentivised to get an outcome.
"Effectively these poor consumers, who were expecting something else, were left without any of the proper services and support services they needed to get the job done.
Purplebricks dubbed themselves a low commission agency, having had previous success in the UK property market, they entered Australia just two years ago.
The group sought to disrupt the old fashion way of paying an estate agent commission of between two and three percent of the sale price. 
The saving on a $900,000 sale was put at $11,300, given an all up fee of $8,800.
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There were around 30 agents across New South Wales who will find themselves out of work, and 30 o so in Queensland. 
Purplebricks sponsored House Rules last year, however a cost-cutting measure saw them hand it over to Century21 for the current series.
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The NSW have 240 properties for sale, having sold 1,038 in two years, buoyed by an advertising campaign for listings by the celebrity builder, Barry Du Bois.
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</div>
Their revised so-called 'first-class package' was priced at $4,400, which pays for the marketing, with a further $4,400 payment when the sale of the property is successful.
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It was pitched towards typically outer-suburban and regional listings.
Its most upmarket listing was in Vaucluse, albeit a dump, which belonged to the socialite mortgage broker Lizzie Buttrose. 
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Vic Darvey, the London-based Purplebricks Group CEO said after much consideration it had "made the difficult decision to close the Australian business."
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</div>
</div>
</div>
"We’ve been operating here for two and half years and, unfortunately, we have been unable to make the progress in the Australian market that we’ve wanted, despite the tireless efforts of our employees.
"We will take no further listings in Australia, but intend to engage with our customers to finalise all existing agreements.
"This is not a decision we have taken lightly, but with market conditions becoming increasingly challenging, we do not believe that the prospective returns in Australia are enough to justify continued investment."  
Only last week UBS said the company was not likely to make money in Australia until 2022.
It was forecast that Purplebricks would potentially have to close its Australian operations to save the UK mothership.
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Michael Bruce, the group's founder and chief executive officer is stepping down from the business with immediate effect.
 
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jrobinson-rf4aSBido9

Purple Bricks was a 'dressed up private seller': REIA deputy president

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South Sydney Rabbitohs legend Greg Inglis has turned his focus off field as the Bunnies work out a new role at the Redfern club for the recently retired champion.
The 32-year-old is <a href="https://www.realestate.com.au/property-house-nsw-coogee-131104790" target="_blank">offloading his 1910 Coogee home</a>, which has been tenanted in recent times.
Inglis, who now rents at Little Bay, secured the Coogee semi after his move from Melbourne at the end of 2010.
The Maroons and Kangaroos centre paid $1.1 million for the Bream St property, just around the corner from the beach and the Coogee Pavilion.
It had previously sold at $965,000 in 2004, so Inglis bought at the right time, just ahead of the five-year house price boom where Sydney prices typically rose by around 75 per cent.
The then two bedroom federation semi has been completely transformed from its drab state, but still sits behind its period facade.
<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/2019/5/7/Inglis2.jpg" alt="">
McGrath Coogee agent Marnie Seinor is marketing the property for a June 1 auction with buyers told the price guidance was $2.8 million.
The rental estimate is $1900 a week.
Now, with a grand scale extension, it homes four bedrooms and two bathrooms across its now three levels and features designer interiors.
The top level is a dedicated entertaining space which opens to a wrap around terrace.
At the rear is a covered outdoor entertaining area with a fireplace.
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Inglis wasn’t forgotten by his red and green former teammates this week as his former side crushed the Brisbane Broncos 38-6.
Cody Walker, Adam Reynolds and John Sutton all celebrated their tries in Inglis fashion with the goanna crawl, replicating Inglis’ iconic try celebration in the 2014 grand final win.
Inglis and his estranged wife Sally, who recently moved back to Queensland, own investment properties across the state.
They have a renovated 1920s workers cottage in Sandgate, northwest of Brisbane, which cost $440,000 in 2014.
There is an apartment in Bargara, in the Bundaberg region, which cost $590,000 in 2008.
He sold his Altona Meadows home, southwest of Melbourne, for $423,000 in 2011 upon his move to Sydney. He had paid $375,500 in 2006, shortly after making his debut with the Storm.
The Kempsey-born NRL star signed with the Canberra Raiders at 15 but didn’t play a game. He moved to Brisbane and played for Melbourne Storm’s feeder club Norths Devils before being added to the Storm’s full-time playing roster in 2004.
This article was first published in the Saturday Daily Telegraph.
 
<a href="https://www.realestate.com.au/property-house-nsw-coogee-131104790"> </a>
 
 
 
 
 
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NRL legend Greg Inglis lists transformed Coogee home

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Film editor David Gross is selling the Queens Park home he co-owned with former partner, actor Brooke Satchwell, who is now living in an Art Deco Coogee duplex.
Gross took sole ownership of the Californian bungalow in February, shortly after the couple split.
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Gross and Satchwell paid $1.65 million in 2010 and secured approved plans for a George Matsos-designed two level home.
The three-bedroom Yenda Ave home with pool, spa and gazebo on its 300 square metre parcel, has a guide of $2.25 million for its May 25 auction through agent Edward Brown.
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This article was first published in the Saturday Daily Telegraph. 
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Film editor David Gross lists Queens Park home bought with actor Brooke Satchwell

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Film editor David Gross has sold the Queens Park home he co-owned with former partner, actor Brooke Satchwell, who is now living in an Art Deco Coogee duplex.
Gross took sole ownership of the Californian bungalow in February, shortly after the couple split.
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Gross and Satchwell paid $1.65 million in 2010 and secured approved plans for a George Matsos-designed two level home.
The three-bedroom Yenda Ave home with pool, spa and gazebo on its 300 square metre parcel, had a guide of $2.25 million for its recent auction through agent Edward Brown.
The price has not been revealed.
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