<a href="https://www.apartments.com.au/developers/mrcb">MRCB International</a> has commenced construction on its latest Gold Coast apartment development, Maris, on the site of the former Sundale Motel in Southport.

The start of construction by <a href="https://www.apartments.com.au/builders/binah-constructions">Binah</a> follows an exceptionally strong sales campaign, with more than 90 per cent of apartments sold since launch. Every purchaser has been local, an&nbsp;indicator of confidence in both the development and Southport's evolution into a thriving CBD.

<a href="https://www.apartments.com.au/new-apartments/maris-southport-20-queen-street-southport-qld-4215">Maris</a> will deliver 192 residences across 20 levels. The project forms part of MRCB's Australian and New Zealand development pipeline now exceeding $1.6 billion in gross development value, alongside a growing portfolio of projects globally.

[smartcode_project:default project_id=134403 project_image_fid=350663]

The company also commenced construction on its $600 million 26 Vista residences in Surfers Paradise last year, following strong sales momentum, with over 70 per cent of residences sold.

Maris has been designed to meet evolving buyer demand, offering architecturally designed layouts suited to long-term liveability. The approach reflects a growing preference for quality and adaptability among Gold Coast buyers.

Positioned next to the Broadwater in the <a href="https://www.apartments.com.au/developments/southport-qld-4215">Southport</a> CBD, Maris sits directly opposite the Broadwater Parklands light rail station and within easy reach of retail, dining and lifestyle precincts, placing residents at the centre of one of the Gold Coast's most connected and rapidly maturing urban centres.

[smartcode_project:default project_id=134403 project_image_fid=372756]

Maris will offer a full suite of resort-style residential amenities, including a pool, gym and sauna, along with a rooftop level featuring decks, lounges and dining and yoga areas that command sweeping views across the Broadwater and out to the ocean.

Binah, a New South Wales headquartered company co-founded by Amen Zoabi and Khalil Hafza in 2008, has expressed its excitement at establishing its first partnership with MRCB.

Binah's Managing Director Khalil Hafza said partnering with MRCB on Maris is a significant moment for Binah.

"MRCB's financial strength and a track record that speaks for itself give this project a solid foundation, and this marks the beginning of what will be a long and successful relationship.

"With the right people, systems and partnerships behind it, Maris is set to become a significant addition to the Gold Coast's premium residential market."

[smartcode_project:default project_id=134403 project_image_fid=350664]

MRCB International CEO Ravi Krishnan said the project's progression to construction reflects both sustained demand and tightening conditions across the apartment sector, as well as MRCB's continued confidence in the Gold Coast market.

"Commencing construction at Maris is a significant step and reflects the depth of demand for quality apartments in well-connected urban locations," said Krishnan.

"Across Southeast Queensland, new apartment supply remains constrained, particularly in established precincts with infrastructure and amenity already in place. Projects like Maris are increasingly critical in meeting that demand, especially on the Gold Coast and in the city's CBD precinct."

[smartcode_project:default project_id=134403 project_image_fid=372761]

Krishnan said Southport's ongoing transformation, supported by infrastructure investment and long-term planning, was underpinning renewed buyer confidence.

"We're seeing a clear shift back towards well-located urban centres where infrastructure, connectivity and amenity are already established," said Mr Krishnan. "Southport is evolving into a more mature CBD environment, and that is being reflected in buyer behaviour."

Construction at Maris is anticipated to be completed in 2029.

[smartcode_project_cta:default project_id=134403]

Joel Robinson

Construction commences on MRCB’s $200m Maris Residences in Southport

Moonee Valley Park’s latest residential release <a href="https://www.apartments.com.au/new-apartments/the-eveline-at-moonee-valley-park-moonee-ponds-100-thomas-street-moonee-ponds-vic-3039">The Eveline</a>, has achieved a new benchmark for off-the-plan apartment sales in the suburb, with the sale of The Alexandra penthouse selling for $5,435,000.

Positioned on the top floor of a 16-level residential building, the three-bedroom, three and-a-half-bathroom penthouse features uninterrupted city skyline views across the future Valley racetrack.&nbsp;

The landmark sale comes as momentum at the precinct continues to build, with the Moonee Valley Racing Club progressing works on its new racetrack ahead of the 2027 Cox Plate. The transformative development will see MVRC reimagine the beloved Valley as a vibrant year-round entertainment and lifestyle destination.

Alongside a world-class racing experience, the historic precinct will be activated with events, hospitality and public green spaces designed to attract broader audiences, while breathing new life into one of Melbourne’s most iconic destinations.&nbsp;

[smartcode_project:default project_id=142519 project_image_fid=372786]

Development partners <a href="https://www.apartments.com.au/developers/hamton">Hamton Property Group</a> and Hostplus have delivered five residential stages over the past four years, the most recent in November 2025 with Trackside House and Stonepine House. The flourishing community is now home to almost 500 families.&nbsp;

The latest residential release, The Eveline, has recorded strong demand since launching publicly last July, securing more than $200 million in sales to date, satisfying its pre sales hurdle for construction to commence.&nbsp;

Hamton Founder and Executive Chairman, Paul Hameister OAM said, the sales&nbsp;team have been overwhelmed by demand for these unique homes in this unique project.

"Buyers continue to be predominantly hyperlocal and attracted by the 40 hectare botanic masterplan in Melbourne’s inner north west," Hameister said.

[smartcode_project:default project_id=142519 project_image_fid=372788]

Hamton’s Sales and Marketing Director Fergus Humphries said the team has achieved more than 70 sales over the past eight weeks, including the penthouse purchase by a local buyer.

"These results reinforce that, even in a challenging market, purchasers continue to be drawn to quality projects that offer more than just a home, they offer a lifestyle.”

Designed by Cera Stribley, the penthouse has been created with entertaining in mind, spanning close to 400 sqm of indoor and outdoor living space, including multiple terraces designed to capture sweeping views across Melbourne’s skyline, the new Valley racecourse and sunset views over Moonee Ponds.

Moonee Valley Park is one of Melbourne’s largest urban renewal projects, transforming the iconic racecourse site into a vibrant mixed-use neighbourhood integrating homes, parklands, retail, racing and community amenities.

[smartcode_project_cta:default project_id=142519]

Moonee Valley Park penthouse sets suburb record as sales surge clears construction benchmark

A company linked to one of Australia's largest privately owned cattle businesses has lodged plans for a new residential tower in <a href="https://www.apartments.com.au/developments/newstead-qld-4006">Newstead</a>, continuing the rapid transformation of one of Brisbane's most sought-after, inner-city precincts.

Bottletree Holdings, an entity associated with Stanbroke Managing Director Brendan Menegazzo, has submitted a development application for a 28-storey mixed-use tower at <a href="https://www.apartments.com.au/new-apartments/9-longland-street-newstead-qld-4006">9 Longland Street</a>, a site that made headlines last year when it changed hands in an off-market transaction that reportedly set a benchmark land rate for the suburb.

The proposal would replace an existing two-storey commercial building on the 1,510 sqm corner site with a Bureau Proberts-designed tower comprising 76 apartments, ground-floor retail, office space and a suite of resident wellness amenities.

<img alt="9 Longland" data-entity-type="file" data-entity-uuid="c710a836-568e-4382-bc91-3c34b8e80a8b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.41.45%E2%80%AFAM.png?VersionId=Vy.mQWBc7GA_a.vIBdxKqRC9XGjWalo2" />

According to planning documents lodged with Brisbane City Council, the development would comprise a mix of 36 two-bedroom apartments, 24 three-bedroom apartments and 16 four-bedroom residences, positioning the project firmly at the premium end of the market. The apartments would sit above a podium containing retail and commercial space, with three levels of communal recreation facilities spread throughout the tower. The proposal also includes 198 car spaces and 95 bicycle spaces.

Bureau Proberts has drawn heavily on Newstead's industrial heritage in developing the architectural response.

"Occupying a prominent corner in the heart of Newstead, the proposal draws from the area's industrial lineage of robust brick warehouses to deliver a distinctly contemporary response," the architects said in the design statement.

"It is conceived as a subtropical sanctuary and elevated private retreat embedded within one of Brisbane's most vibrant lifestyle precincts."

The design seeks to reinterpret the traditional Queensland vernacular through wraparound verandahs, deep shading elements and permeable facades that respond to Brisbane's subtropical climate.

<img alt="9 Longland" data-entity-type="file" data-entity-uuid="25524f59-395c-4825-8fad-9b639822fa8a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.42.09%E2%80%AFAM.png?VersionId=dlWlbpCc_g3Y6yTLGqRVKvGJvO2ubMJ3" />

Planning documents describe the building as embodying the principles of "buildings that breathe", a design approach increasingly favoured in Brisbane's apartment market as developers focus on natural ventilation and outdoor living spaces.

The tower itself would rise above a heavily landscaped podium designed to reference the woolstore architecture that helped define Newstead and neighbouring Teneriffe for generations. At ground level, fine-grain retail tenancies would activate Longland Street, Wyandra Street and the existing Wyatt Street laneway, further extending the pedestrian network that has become a hallmark of the Gasworks precinct.

The application notes that more than 54 per cent of the site would be dedicated to landscaping and deep planting, while approximately 1,750 sqm of communal recreation space would be delivered across multiple levels.

<img alt="Planning" data-entity-type="file" data-entity-uuid="fed3b189-1054-4b68-af5f-b0befc4a66e5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.42.19%E2%80%AFAM.png?VersionId=gqeE3cjsbnLAfeTUKA1HtPZfqDs6S4Xa" />

Bottletree paid $22 million for the 1,510 sqm development site, equating to more than $14,500 per sqm, a reflection of the strong demand for development opportunities in Newstead. The suburb continues to attract both developers and buyers, underpinned by the ongoing evolution of the Gasworks and Teneriffe precincts into some of Brisbane's most sought-after lifestyle destinations.

Brisbane City Council's Sustainable Growth Strategy and Inner City Strategy both identify Newstead as a priority growth precinct capable of accommodating additional housing density due to its proximity to employment hubs, public transport and lifestyle infrastructure.

The proposed tower joins a growing pipeline of high-end apartment developments in the suburb. Fortis recently launched <a href="https://www.apartments.com.au/new-apartments/crest-walker-newstead-12-kyabra-street-newstead-qld-4006">Crest &amp; Walker</a>, a 65-apartment owner-occupier-focused development on Kyabra Street, while Consolidated Properties Group is preparing to launch <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a>, a 227-apartment waterfront project on Skyring Terrace.

Meanwhile, builder-developer BPG is planning its own Newstead project on Maud Street, comprising just over 100 apartments and more than 1,380 sqm of dedicated wellness and resident amenity spaces, further highlighting the shift towards lifestyle-driven apartment developments in Brisbane's inner-city market.

Newstead apartment boom continues with Longland Street tower plans

ALAND has taken the next major step in delivering its vision for Leppington Town Centre, lodging State Significant Development plans for a $549 million residential precinct that would bring more than 1,200 new homes within walking distance of Leppington Station.

The proposal, now on public exhibition, forms the Residential Core Precinct of the broader Leppington Town Centre masterplan and would transform a 4.3-hectare site at <a href="https://www.apartments.com.au/new-apartments/156-166-rickard-road-leppington-nsw-2179">156-166 Rickard Road</a> into a high-density mixed-use neighbourhood comprising nine residential buildings rising between six and 25 storeys.

<img alt="ALAND" data-entity-type="file" data-entity-uuid="fc20982d-a0a9-4989-8fb3-680ca9fdcd10" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.12.44%E2%80%AFAM.png?VersionId=l5EEyS6Dkf_SLDQkwDeyAU2nXkSZP2RW" />

The development has been designed by Rothelowman and is being pursued through a State Significant Development Application alongside a concurrent rezoning request under the NSW Government's Housing Delivery Authority pathway.

If approved, the project would deliver 1,206 dwellings, including 784 build-to-sell apartments, 208 build-to-rent apartments, 189 affordable housing units and a nine-storey serviced apartment building containing 112 rooms. The proposal also includes around 7,400 sqm of non-residential floor space, new public open space, communal recreation areas and a new internal street network.

<img alt="ALAND" data-entity-type="file" data-entity-uuid="c4f80d3b-cb05-4068-8a87-808317807a99" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.12.36%E2%80%AFAM.png?VersionId=KfPqh1JBuxc53IWntEzGHAeBaCLmRmum" />

<h2 data-end="1990" data-section-id="s6350" data-start="1941">A key piece of Leppington's future town centre</h2>

The site sits around 250 metres from Leppington Station, which opened in 2015 as the terminus of the South West Rail Link and has long been earmarked as the catalyst for the suburb's transformation from a rural fringe location into a major strategic centre for Western Sydney.

Leppington has become increasingly important following the announcement of the Western Sydney International Airport and the emergence of Bradfield City Centre, with government planning identifying the precinct as a significant location for future housing and employment growth.

<img alt="ALAND" data-entity-type="file" data-entity-uuid="8ca0f098-affc-48c0-80d3-468ea090a20c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.12.26%E2%80%AFAM.png?VersionId=o3mwgBFT6H9YUllI0JR.JfLsUYQy1CTa" />

According to Rothelowman, the proposal responds directly to Leppington's unique position between its agricultural past and its urban future.

"The site offers an opportunity to weave together multiple layers of history, from its ancient connections to Country along the ridgeline between two waterways and its origins as part of the Cumberland woodland, to its more recent agricultural uses, and its future as a new residential community," the architects said in the design report.

The architects said the project aims to establish a high-density residential typology that combines apartment living with extensive landscaping and public open space.

"The design responds by establishing a high-density typology that combines the convenience and amenity of contemporary apartment living with a renewed native landscape."

<h2 data-end="3541" data-section-id="1ko88s2" data-start="3485">Nine buildings arranged around parks and public space</h2>

The proposal has been designed around a landscape-led framework rather than a traditional podium-and-tower approach.

Across the site, approximately 7,500 sqm of public open space would be delivered through a network of north-south and east-west linear parks, connecting into the wider Leppington Town Centre open space network. A further 8,000 sqm of communal open space would be provided for residents.

<img alt="ALAND" data-entity-type="file" data-entity-uuid="f5113abf-5440-4610-9cdc-60a0d41a407e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.12.55%E2%80%AFAM.png?VersionId=k8zLMj4yZS4hStmGzZJfosjj5iArwIek" />

Rothelowman said the design seeks to maximise landscaping at ground level by concentrating development into compact tower footprints.

"Buildings are carefully lifted and distributed to minimise disturbance to the natural terrain, allowing the ground plane to remain open, permeable, and led by landscape," the design report states.

Rather than creating a continuous podium edge, the design team has focused on allowing landscaping to extend beneath and around the buildings.

"The ground plane is conceived as an extension of the surrounding environment, allowing landscape to flow up to and beneath the built forms."

The architectural language also draws on the area's natural landscape, with Rothelowman describing a material palette influenced by local gum trees, bark textures, creek systems and sandstone tones.

<h2 data-end="4971" data-section-id="s69utu" data-start="4922">Affordable housing and build-to-rent component</h2>

One of the more significant aspects of the proposal is the diversity of housing typologies.

In addition to traditional apartments for sale, the scheme includes a dedicated 25-storey build-to-rent building with 208 apartments and a 22-storey affordable housing building containing 189 homes.

The affordable housing component represents almost 16 per cent of the total dwellings proposed within the Residential Core Precinct.

<img alt="ALAND" data-entity-type="file" data-entity-uuid="f87e6808-e462-44c6-bfa8-a3de1816f2e3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.33.36%E2%80%AFAM.png?VersionId=WTsRKiUAyWw18S5S98yQB5oVuDcnJTxB" />

Community consultation undertaken ahead of the lodgement found support for additional housing in the area, particularly given ongoing affordability challenges across South West Sydney. Survey work conducted with local residents found housing affordability was one of the poorest-rated aspects of living in Leppington, while a majority of respondents were open to additional housing within the local government area.

The site's proximity to Leppington Station was identified as the most positively viewed aspect of the proposal, while public open space and affordable housing provisions also received majority support.

<h2 data-end="6184" data-section-id="1ngkie4" data-start="6140">Part of Leppington's broader expansion</h2>

ALAND will be a significant contributor to the broader vision for Leppington Town Centre, which is expected to accommodate more than 25,000 residents as the precinct evolves over the coming decades.

Located within Sydney's South West Growth Area, the 440-hectare Leppington Town Centre has been identified by the NSW Government as a strategic centre spanning both the Liverpool and Camden local government areas.

In 2023, Liverpool City Council and Camden Council, supported by the NSW Department of Planning and Environment, prepared a draft planning proposal to rezone land and amend development controls across a number of sites within the town centre.

The proposal outlines a new vision for Leppington Town Centre, reducing the amount of land allocated for business park uses while increasing land zoned for commercial development, housing and open space. The changes are designed to optimise land use across the precinct and support the delivery of a more walkable, transit-oriented centre anchored by Leppington Station.

&nbsp;

ALAND plots 1,200-home Leppington masterplan

Brisbane-based developer <a href="https://www.apartments.com.au/developers/trk-property-group">TRK Property Group</a>&nbsp;has enlisted renowned architecture firm Koichi Takada Architects to design its latest new apartment development.

The new 34-storey tower at <a href="https://www.apartments.com.au/new-apartments/57-berwick-street-fortitude-valley-qld-4006">57 Berwick Street, Fortitude Valley</a>,&nbsp;will have 189 apartments, complete with interiors by <a href="https://www.apartments.com.au/architects/byculprit">byCULPRIT</a>. The upper levels&nbsp;capturing views across the Story Bridge, city skyline, ranges, bay and river.

Residents will have access to a rooftop amenity floor with facilities including a pool, spa, sauna, hot and cold treatment, meditation garden, gym, yoga studio, private dining, BBQ, games lounge, wine display wall, work library, meeting rooms and outdoor work areas.

<a href="https://www.apartments.com.au/developers/trk-property-group">TRK</a> Founder and Managing Director, Arpan Kohli, said it will be a project "Brisbane hasn't seen before."

&nbsp;

"To deliver a project of this calibre, you need the right people involved," Kohli said.

"Koichi Takada Architects and byCULPRIT set the benchmarks for design excellence, and this project reflects that - a building of genuine architectural significance in one of Brisbane's most coveted locations, sitting between Howard Smith Wharves and the James Street precinct."

TRK recently launched <a href="https://www.apartments.com.au/new-townhouses/laya-residences-taigum-203-beams-road-taigum-qld-4018">LAYA Residences in Taigum</a>, 88 three-bedroom townhouses starting from $1,495,000. They have another apartment site in Indooroopilly, at <a href="https://www.apartments.com.au/new-apartments/140-central-avenue-indooroopilly-qld-4068">140 Central Avenue</a>. That will have 131 apartments.&nbsp;

&nbsp;

TRK proposes Koichi Takada-designed apartment development in Fortitude Valley

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

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The shortlist for the 2019 Victorian Architecture Awards has been announced. The list includes Melbourne Jetbase, nominated for Commercial Architecture award, after its design by Cox Architecture. (Photographed above)
It features 89 projects across 14 categories celebrating public, residential, heritage and regional architecture.
Victorian Chapter President Amy Muir says that building sustainable communities is important for the state’s long-term panning needs.
“At a time where we are acutely aware of the issues that our industry is facing due to increased procurement and economic pressures, the awards provide an opportunity to acknowledge the significant efforts made by architects, clients, consultants and contractors to provide quality built outcomes,” said Muir.
Muir said that the number of heritage projects that made the shortlist doubled over the past year.
“Most importantly, sustainability in design needs to be understood through the lens of longevity, going beyond short-term gains and visions. This is a prevailing message highlighted in our shortlisted projects this year.
“All good buildings require a considered and collaborative design process. It is these projects that provide the best outcomes for delivering permanent benefits to communities at large.”
Public architecture also saw a rise in recognition – 11 projects listed this year compared to the prior year’s four.
“The design outcomes achieved via the shortlisted public architecture projects define the important role that the public realm plays in providing exemplar-built outcomes that support our growing communities and provide a legacy for future generations,” adds Muir.
“With population density rising across our cities, public space becomes an incredibly valuable commodity – not only from an economic perspective, but more importantly for the wellbeing of our communities.”
The winners of the 2019 Victorian Architecture Awards will be announced at the official awards dinner on 28 June.
Winners of each category will then be eligible for the National Architecture Awards program.
The shortlisted projects for the 2019 Victorian Architecture Awards are:
Public Architecture
Buxton Contemporary – Fender Katsalidis
Caulfield to Dandenong Level Crossing Removal – Cox Architecture
Frankston Station – Genton
Melbourne Convention and Exhibition Centre Expansion – NH Architecture and Woods Bagot
Melbourne Jetbase – Cox Architecture
Parliament of Victoria Members’ Annexe – Peter Elliott Architecture and Urban Design
Port of Sale – FJMT
Rosanna Station – MGS Architects and Jacobs Architects
St Albans Station – Hassell
The Club Stand – Bates Smart
West Gippsland Arts Centre – Williams Ross Architects
Public Architecture jury: Rosemary Burne (Chair, Conrad Gargett) Simon Knott (BKK Architects) and Anne Clisby (Denton Corker Marshall)
 
Urban Design
Caulfield to Dandenong Level Crossing Removal – Cox Architecture with Aspect Studios
Parliament of Victoria Members’ Annexe – Peter Elliott Architecture and Urban Design
Rosanna Station – MGS Architects and Jacobs Architects
South Melbourne Primary School – Hayball
Swan Street Bridge Upgrade – BKK Architects with McGregor Coxall and Relume
Urban Design yury: Adam Pustola (Chair, Lyons) Veryan Curnow (Jackson Clements Burrows Architects), Jocelyn Chiew (Monash University)
 
Educational Architecture
Albert Park College Liberal Arts Centre – Jackson Clements Burrows Architects
Biomedical Learning and Teaching Building, Monash University – Denton Corker Marshall
Braemar College Stage 1, Middle School – Hayball
Christ Church Grammar School Main Campus Redevelopment – Sally Draper Architects in association with Mcldowie Partners
Monash University Caulfield Library Refurbishment – John Wardle Architects
Moot Court Learning Precinct for the Monash Faculty of Law – Jackson Clements Burrows Architects
Northcote High School Performing Arts and VCE Centre – Kerstin Thompson Architects
Prahran High School – Gray Puksand
South Melbourne Primary School – Hayball
Educational Architecture jury: Michael McKenna (Chair, Michael McKenna), Emily Chalk (Kosloff Architecture) and Sean van der Velden (Peter Elliott Architecture and Urban Design)
 
Commercial Architecture
ArtBank – Edition Office
Melbourne Central Arcade – Kennedy Nolan
Melbourne Jetbase – Cox Architecture
Private Women’s Club – Kerstin Thompson Architects
Pt Leo Estate – Jolson
RACV Cape Schanck Resort – Wood Marsh Architecture
United Places Botanic Gardens South Yarra – Carr
Commercial Architecture jury: Tim Leslie (Chair, Bates Smart), Anna Maskiell (Public Realm Lab), Domenic Cerantonio (Cera Stribley Architects)
 
Heritage
Albert Park College Liberal Arts Centre – Jackson Clements Burrows Architects
Bendigo Soldiers’ Memorial Institute – Lovell Chen
Classical Gas - Original Stereo Version – Multiplicity with Mel Ogden Landscapes
Flinders Street Station Façade Strengthening and Conservation – Lovell Chen
Kagan House – Kennedy Nolan
Loch Street House – Donald Gallagher and Shelley Penn Architect
Monash Caulfield, Buildings D, E and G – NMBW Architecture Studio
Parliament of Victoria Members’ Annexe – Peter Elliott Architecture and Urban Design
Royal Mint Wall Remediation – HLCD with Ingegnaria and Oculus
Sacred Heart Building Abbotsford Convent Foundation – Kerstin Thompson Architects
The Bank, Vaughan – Maria Danos Architecture
Heritage jury: Matt Gibson (Chair, Matt Gibson Architecture and Design), Janet Beeston (Frontier Heritage), adn Vicki McLean (Heritage Victoria).
 
Interior Architecture
2 Southbank – BVN
Denton Corker Marshall Studio – Denton Corker Marshall
Kia Ora Apartment – Baracco and Wright Architects
Melbourne Central Arcade – Kennedy Nolan
Parliament of Victoria Members’ Annexe – Peter Elliott Architecture and Urban Design
Powell Street House – Robert Simeoni Architects
Private Women’s Club – Kerstin Thompson Architects
The Club Stand – Bates Smart
United Places Botanic Gardens South Yarra – Carr
Whitlam Place – Freadman White in collaboration with Anon Studio
Interior Architecture jury: Karen Alcock (Chair, MAA), Eugene Cheah (Cheah Saw Architecture), and Oliver Duff (Clare Cousins Architects).
 
Residential Architecture – Houses (New)
Ballarat House – Eldridge Anderson
Bluff House – Rob Kennon Architects
Canopy House – Leeton Pointon Architects and Interiors
Cornerstone House – Splinter Society Architecture
Daylesford Longhouse – Partners Hill
Fitzroy Lane – Kennedy Nolan
Hawthorn House – Edition Office
House in the Hills – Sean Godsell Architects
North Melbourne House – NMBW Architecture Studio
Point Lonsdale House – Edition Office
Sandy Point House – Kennedy Nolan
Springhill House – Lovell Burton Architecture
St Andrews Beach House – Austin Maynard Architects
Residential Architecture – Houses (New) jury: Rodney Eggleston (Chair, March Studio), Andrew Simpson (Andrew Simpson Architects), and Claire Humphreys (Kerstin Thompson Architects).
 
Residential Architecture – Houses (Alterations and Additions)
182 Rose – Fieldwork
Acheson Place – Workshop Architecture
Brick and Gable House – Breathe Architecture
Caroline House – Kennedy Nolan
Cascade House – Atelier Red and Black
Edsall Street – Ritz and Ghougassian
Fitzroy Terrace – Taylor Knights
Garden Wall House – Make Architecture
Grant House – Austin Maynard Architects
Light Corridor House – Figr
Oak House – Kennedy Nolan
Powell Street House – Robert Simeoni Architects
South Yarra House – AM Architecture
Storybook House – Folk Architects
York St Residence – Jackson Clements Burrows Architects
Residential Architecture – Houses (Alterations and Additions) jury: Jane Caught (Chair, Sibling Architecture), Antony Martin (MRTN Architects), and Michael Roper (Architecture Architecture)
 
Residential Architecture – Multiple Housing
Clyde Mews – Six Degrees Architects
Farmer Street – MA Architects
Hawke and King – Six Degrees Architects
Iglu Franklin Street – Bates Smart
Little Oxford – Kennedy Nolan
Nth Fitzroy Apartments – Fieldwork
Scarborough and Welkin – Justin Mallia Architecture
Whitlam Place – Freadman White in collaboration with Anon Studio
Residential Architecture – Multiple Housing jury: Richard Middleton (Chair, Hassell), Bonnie Herring (Breathe Architecture), and Jesse Linardi (DKO Architecture).
 
Small Project Architecture
Doubleground – Muir and Openwork
Jock Comini Reserve Amenities – Kerstin Thompson Architects
New Agency – Sibling Architecture
Smiths Beach Surf Life Saving Tower – MRTN Architects
Sunda Bar and Restaurant – Kerstin Thompson Architects
Super Field – Baracco and Wright Architects
Tiny Home – Maddison Architects
Together Apart – Architecture Architecture
Small Project Architecture jury: Keith Streames (Chair, Streames Architects), Natalie Miles (Austin Maynard Architects), and Jamie Sormann (Foomann Architects).
 
Sustainable Architecture
Bendigo Soldiers’ Memorial Institute – Lovell Chen
Eltham North Adventure Playground – Gardiner Architects with Jeavons Landscape Architects
Hawke and King – Six Degrees Architects
Loch Street House – Donald Gallagher and Shelley Penn Architect
MPavilion – Estudio Carme Pinos and Zilka Studio
Parliament of Victoria Members’ Annexe – Peter Elliott Architecture and Urban Design
Rivergum Residential Treatment Centre – Guymer Bailey Architects
Scarborough and Welkin – Justin Mallia Architecture
Tiny Home – Maddison Architects
Sustainable Architecture jury: Marika Neustupny (Chair, NMBW), Emma Gauder (Architects EAT), and Andrew Walter (Woods Bagot).
 
Melbourne Prize
Caulfield to Dandenong Level Crossing Removal – Cox Architecture with Aspect Studios
Parliament of Victoria Members’ Annexe – Peter Elliott Architecture and Urban Design
Private Women’s Club – Kerstin Thompson Architects
South Melbourne Primary School – Hayball
The Club Stand – Bates Smart
Melbourne Prize jury: Jane Williams (Chair, John Wardle Architects), Alix Smith (Hassell), and Stefano Scalzo (Victorian Health and Human Services Building Authority).
 
Regional Prize
Cobram Library and Learning Centre – Cohen Leigh Architects
Jock Comini Reserve Amenities – Kerstin Thompson Architects
Port of Sale – FJMT
Pt Leo Estate – Jolson
Regional Prize jury: Kim Irons (Chair, Irons McDuff Architecture), Sarah Zahradnik (NH Architecture), and Kim Bridgland (Edition Office).
 
Colorbond Award for Steel Architecture
House in the Hills – Sean Godsell Architects
Peter Mathieson Pavilion – CO-OP Studio
Rosanna Station – MGS Architects and Jacobs Architects
Springhill House – Lovell Burton Architecture
The Cinema Complex at the District Docklands – NH Architecture
Colorbond Award for Steel Architecture jury: Dr Leanne Zilka (Chair, Zilka Studio), Aimee Goodwin (Project 12 Architecture), and Tim Wilson (Folk Architects).
Main photo: Melbourne Jetbase, nominated for Commercial Architecture award. Cox Architecture. Photographer: Peter Clarke.
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Victorian Architecture Awards 2019 shortlist revealed

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The $5.4 billion Cross River Rail project which aims to provide a more interconnected network of train lines for Queenslanders, now has an award-winning team to bring the plans to fruition.

Queensland government has appointed the following consortia (out of 89 submissions):

<h2>PULSE</h2>

The CIMIC Group led consortia includes Pacific Partnerships, CPB Contractors and UGL with international partners DIF, BAM and Ghella.

Under the title ‘Tunnel, Stations and Development’ (TSD), the team will deliver the underground sector of the project, including constructing a tunnel from Dutton Park to Normanby, the construction of four new underground stations at Boggo Road, Woolloongabba, Albert Street and Roma Street. They will also provide a property development opportunity above the Albert Street Station.

<blockquote>
“Queensland’s landmark Cross River Rail project will reinforce CIMIC Group’s reputation as Australia’s leading rail provider.”

- CIMIC Group 
</blockquote>

<h2>UNITY</h2>

Unity Alliance is a collaboration of CPB Contractors, UGL, AECOM and Jacobs, as well as HASSELL, RCS Australia, Acmena, Martinus Rail and Wired Overhead Solutions. Under the title ‘Rail, Integration and Systems’ (RIS), the group will be responsible for delivering the design, supply and installation of the rail system, as well as the integration into Queensland Rail’s train network and the upgrade of Exhibition Station.

<h2>HITACHI RAIL STS</h2>

Hitachi Rail STS will work under the title ‘European Train Control System’ (ETCS) and will focus on enabling increased capacity on the inner-city rail network, safety enhancement, and facilitate network efficiency measures.

<blockquote>
“Organisations in the preferred consortia have a track record of delivering complex rail and transport projects and have the know-how to leverage local content. We expect the benefits of the project will flow to many local suppliers and businesses throughout Queensland.”

- Steve Abson, Infrastructure Association of Queensland’s Chief Executive Officer
</blockquote>

<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/190329-6pp-station-render4.jpg" rel="gallery-all" title="Concept render of Roma Street Station. Credit: Cross River Rail"><img alt="" class="image-article-full-width-580px" height="410" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/190329-6pp-station-render4.jpg?itok=mUGFOxwH" title="Concept render of Roma Street Station. Credit: Cross River Rail" width="580"></a>

<figcaption>Concept render of Roma Street Station. Credit: Cross River Rail</figcaption></figure>The Cross River Rail will deliver a 10.2km train line which will run from Dutton Park to Bowen Hills. The project will also include a 5.9km twin tunnel under the Brisbane River and CBD - a significant infrastructure project which will take five years to complete but an exceptional enhancement to the existing railway system for Queensland commuters.

<blockquote>
“This activity will necessitate high levels of collaboration across government organisations such as the Delivery Authority, Queensland Rail, Transport and Main Roads and TransLink and it’s worth acknowledging the enormous effort already going on behind the scenes to get this right.”

- Steve Abson, Infrastructure Association of Queensland’s Chief Executive Officer
</blockquote>

<blockquote>
"This transformational project will improve our quality of life, help our economy keep growing, generate thousands of jobs and activate urban development, across the whole of South East Queensland."

- <a href="https://crossriverrail.qld.gov.au/info">Queensland Government</a>
</blockquote>

The teams are expected to begin site-work from late 2019, with an estimated 7,700 jobs created over the five-year construction time frame.

<iframe width="560" height="315" src="https://www.youtube.com/embed/eIbTWtF7HAw" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

<a href="https://www.propertyobserver.com.au/https://vimeo.com/328350881">Cross River Rail New Station Concepts Revealed</a> from <a href="https://vimeo.com/crossriverrail">Cross River Rail</a> on <a href="https://vimeo.com">Vimeo</a>.
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Olivia Round

Brisbane’s Cross River Rail development consortia appointed by Queensland government

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Retired racing driver Jason Bright and wife Lucy are selling their Richmond home.
They're asking for offers between $2 million and $2.2 million for the townhouse that was designed by Melbourne designer Stephen Akehurst in the late 1990s.
There was no hiding Bright's ownership in the marketing. The games room features a shelf with dozens of race helmets Bright collected over his near two decade career.
The three bedroom, two bathroom family home features an entertaining terrace with built-in barbecue.
Kay &amp; Burton Bayside agents Tim Blackett and Alex Schiavo have the listing.
Bright completed in the Virgin Australia Supercars Championship, driving for Britek Motorsport then Brad Jones Racing.
He retired in 2017, with his greatest achievement coming in 1998 when he won the Bathurst 1000.
Bright runs Taskforce, a trades and services franchise which he set up in 2013.
This article was first published in The Weekend Australian.
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firstname1-iYD4UYzvBa

Retired racing driver Jason Bright lists Richmond home

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An architectural South Coogee residence with 270-degree panoramas over the coastline and beaches has been listed with suburb record hopes.
Last traded for $7.12 million in 2010, the four level home with views over Lurline Bay has undergone a full renovation.
It has five bedrooms, two kitchens, a sauna and a home theatre room.
An outdoor barbecue entertaining terrace features a heated swimming pool. 
No price guide has been offered by Nader Hotait and Phillip Elmowy from Ray White, but their comparable sales in the area range from $10.5 million to $12.5 million.
Even at the lower end of that price range it would beat out the suburb record holder, a four bedroom Alexandria Parade home that sold for $8.5 million in 2015.
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j.ballantyne1990-6AQqhLzZaK

South Coogee record to be broken with Seaside Parade trophy home

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Westpac is cutting fixed rates on owner occupier and investor home loans by up to 0.20 percent, effective tomorrow.
Westpac’s decision comes after the nation’s largest bank, CBA, who cuts rates on Tuesday.
It is the second time this year that Westpac has cut some of its fixed home loans, after cutting some of its 2-year fixed rates in February.
<img src="https://www.urban.com.au/images/2019/4/11/Westpac%20Rate%20Cuts.JPG" alt="">
(Source: RateCity.com.au)
RateCity.com.au research shows 40 lenders have cut fixed rates on around 450 products since the beginning of the year. 
ANZ is the only big bank to have not cut its fixed rates this year.
The Commonwealth Bank has cut interest rates on its fixed-rate loans for home owners and investors.
Lenders to cut their fixed rates since the start of the year include Macquarie, St George Bank, Adelaide Bank, AMP, Bankwest and, from this Friday, Bendigo Bank.
<div class="_1665V undefined">
<p data-gtm-vis-recent-on-screen-6236702_632="1554930972862" data-gtm-vis-first-on-screen-6236702_632="1554930972862" data-gtm-vis-total-visible-time-6236702_632="4000" data-gtm-vis-has-fired-6236702_632="1">CBA has also cut 0.1 percentage points off its three-year and four-year fixed-rate loans for owner-occupiers, to take the new rates to 3.79 per cent and 4.09 per cent respectively.
The bank has also sliced 0.1 per cent off its investment loans, with its two-year loan now sitting at 3.89 per cent, its three-year fixed at 3.99 per cent and five years at 4.39 per cent.
The cuts apply to principal and interest loans and are "packaged" rates, where those applying for the loans have other products with the bank, and apply to those taking out a new fixed-rate loan.
</div>
<div class="_1lC_G">As demand for home loans slows, the cuts apply to a range of fixed-rate home loans, with the biggest cut of 0.3 percentage points to its five-year owner-occupied loan to a new rate of 4.09 per cent.</div>
Figures from comparison site Mozo show that a home buyer with a $400,000 loan would save $4260 over the five-year fixed period.
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Westpac joins other big two to cut fixed home loan interest rates

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Former Pandora Australia jewellery boss Karin Adcock has sold her Manly investment apartment. 
Adcock, who calls a Newport waterfront home, secured $1.85 million for the apartment that cost $1.3 million in 2010.
In recent years it has been a $1300-a-week rental.
Set on the top floor of The Grant on East Esplanade, the two-level, two-bedroom apartment sold through Ray White agent Mark Clarke.
Adcock sold Pandora Australia for about $100 million in 2012 but continued her work in jewellery — although her latest pursuit has been in wines. 
This article was first published in the Saturday Daily Telegraph. 
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Former Pandora boss Karin Adcock sells Manly investment

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Bisley, an impressive 4ha English-inspired mature parkland at Mount Wilson, has been sold two years after hitting the market. 
It's been sold by Graham and Beverly Thompson to an Otford couple, who have a small weekender in the Blue Mountains.
The most recent price guidance for the showpiece garden was $2 million to $2.2 million.
Now in autumnal colours, its first disclosed asking price was $2.75 million.
<div id="attachment_18418" class="wp-caption alignright">Bisley is landscaped in the style of an English country park with two lakes, clipped hedges, sweeping lawns and avenues of trees.</div>
<div class="wp-caption alignright"> </div>
<div class="wp-caption alignright"><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/2019/4/11/Bisley1.jpg" alt=""></div>
<div class="wp-caption alignright"> </div>
<div class="wp-caption alignright">Among the many elements of this superb estate are two natural rock gardens at the location, 4-10 Beowang Road.</div>
<div class="wp-caption alignright"> </div>
<div class="wp-caption alignright">Thee is a 2m tall sandstone sculpture, Motherhood, by Blue Mountains sculptor Tom Coley.</div>
The trees are a feature, especially in autumn.
Gardening critics have suggested there’s a dense backdrop of stringybarks along the boundary and stands of other tall eucalypts by the large lake, creating mesmerising reflections on the water.
<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/2019/4/11/Bis5.jpg" alt="">
The tulip trees and gingko dazzle yellow at this time, and nyssas, liquidambers , claret ash, Japanese maples among others wear their brilliant red cloaks.
"Without peer Bisley is Mount Wilson's finest garden property to be offered to the market in recent years," <a href="https://www.realestate.com.au/property-house-nsw-mount+wilson-126031122" target="_blank">selling agent Martin Schoedderrt said</a>.
<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/2019/4/11/Bis4.jpg" alt="">
"Showing remarkable depth of insight into garden planning and a no-expense spared approach to it's execution, the current owners have transformed this thorn covered paddock into one of NSW's premier properties with over 30 years of love and toil," he said.
The first major plantings commenced in 1984 and have continued ever since, on a grand scale with excellent positioning and emphasis on the art of colour blending. 
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jchancellor-FAypfDUnLy

Bisley, Mount Wilson trophy garden estate sold after almost two years on market

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The Sydney based property tycoon Lang Walker has abandoned plans to build a $400 million office tower in Brisbane’s Fortitude Valley.
Fund manager EG has bought the site at 801 Ann Street from Walker Corporation for $27.72 million.
Walker paid $22.2 million in 2015.
Designed by COX Architecture, the proposed tower (above and below) consisted of 46,659 sqm of gross floor area (commercial and retail).
<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/2019/4/11/Ann-St3.jpg" alt="">
Walker general manager for Queensland development Peter Saba had previously believed the tower would raise the bar for commercial property.
A previous development application was lodged for the site by Walker Corporation in December 2014 which consisted of two 19 and 23 storey residential towers.
In mid-2017 Saba said the slowdown in the inner-city high-rise residential market due to oversupply had been behind the decision to scrap the residential towers plan.
"The outlook for the commercial property sector is brighter," Mr Saba said at the time.
<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/2019/4/11/Ann-St2.jpg" alt="">
The asset will be acquired for the Yield Plus Infrastructure No.2 fund which was launched in August 2016 with a $750 million real estate mandate. 
Ann Street, Fortitude Valley is the 8th asset to join the fund which has now acquired approximately $330 million of assets across Australia. The fund strategy is to acquire yield producing real estate with repositioning potential, near new or upgraded infrastructure.  The transaction was brokered off market by Seb Turnbull of JLL Brisbane.
EG associate director capital transactions, Sean Fleming noted the island site allowed "a number of opportunities to enhance the value of the asset over the long term." 
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Backflipping tycoon Lang Walker finally quits Brisbane’s Fortitude Valley

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The shadow treasurer, Chris Bowen has defended the accuracy of his costings of the opposition’s signature negative gearing reform. 
It follows reports in the Australian Financial Review and the Australian questioning whether the policy was based on accurate numbers on the extent of new home acquisitions by investors.
Labor has said it would remove negative gearing for people who <a href="/news/labor-sets-january-1-2020-start-date-for-its-cgt-and-negative-gearing-policy-implementation">purchase existing properties from 1 January 2020</a> and halve the capital gains tax discount for properties bought after the same date – measures expected to raise $2.9bn over four years or $35.1bn over 10.
Bowen said in February the Grattan Institute had stated that “around 90% of investment lending is for existing housing”, implying that 10% is for new housing – a figure he has stated publicly for three years.
Bowen angrily rejected the reported black hole, arguing that his public statements about the current rate of investment loans for new housing were designed to show the policy rationale of negative gearing to stimulate new housing had failed but the figures used in costing the policy were “quite separate”.
Bowen revealed the PBO had originally calculated that 12% of negatively geared dwellings would be new properties, which they had now updated to 22% in the first year, rising over time.
The PBO had reached a “prudent assumption” based on “the best evidence available to them”, including Australian Bureau of Statistics data but supplemented by “unpublished data” from the Reserve Bank and big four banks.
“We have the most rigorous costings process of any opposition, ever,” he said. “The PBO stands by their costings and I stand by the PBO.”
Bowen said Labor would provide full costings of its revenue measures “in good time during the election campaign”. 
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Shadow treasurer Chris Bowen defends negative gearing data assumptions

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The long-time Darlinghurst home of the late costume designer and early Sydney Mardi Gras activist Ron Muncaster has been listed for sale.
Affectionately known as the Master of Sequins, Muncaster paid $110,000 for the 1860s built home in 1985, shortly after he started created costumes for the parade.
A number of its 1800s features have been retained, such as its raw brick and sandstone walls, fireplaces, high ceilings and exposed original beams.
The <a href="https://www.realestate.com.au/property-terrace-nsw-darlinghurst-130954586" target="_blank">four bedroom terrace</a> sits behind a sandstock brick facade on its 180 sqm Crown Street parcel. 
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The terrace has its own courtyard, and there's rear lane access to a fully self-contained loft-style apartment with balcony.
Now 18 months after his death, Matt Marano of Oxford Agency has a price guide of $2.5 million. Matt and Michael Marano have the May 11 auction listing.
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The 2003 documentary Queen of Sequina followed his life, from a tourist in the early 1960s to becoming one of the most well known names on Oxford Street.
He received a lifetime achievement award from Sydney Mardi Gras in 2014.
His costumes often took months to complete. 
<a href="https://www.realestate.com.au/property-terrace-nsw-darlinghurst-130954586"> </a>
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