South East Queensland developer&nbsp;<a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a>’s entry into the Gold Coast apartment market has progressed from pipeline to market, with its Chevron Island project Bronze on Chevron now formally available to purchase ahead of a planned 2029 completion.

The 119-apartment development on Mawarra Street marks the Brisbane-headquartered builder-developer’s first residential play in the Gold Coast, following its expansion south from Brisbane and the Sunshine Coast.

<a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-surfers-paradise-qld-4217">Bronze on Chevron</a> comprises a mix of two-, three- and four-bedroom residences, with pricing starting from just over $1.5 million. The project is being delivered under Gardner Vaughan’s fully integrated model, with the group acting as both developer and builder, a structure it has consistently applied across its South East Queensland portfolio.

[smartcode_project:default project_id=107520 project_image_fid=367182]

Architecture has been designed by <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jeremy-ferrier-landscape-design">Jeremy Ferrier</a>. The building presents as a single-tower scheme, with a focus on maximising outlook across both the Surfers Paradise skyline and the Nerang River.

Apartments have been planned with open-plan living zones extending to generous balconies, a response to the site’s dual-aspect positioning between river and ocean. Interiors follow a restrained coastal palette, with two colour schemes offered, and an emphasis on natural light and cross-ventilation.

[smartcode_project:default project_id=107520 project_image_fid=367181]

Resident amenity is concentrated across more than 1,250 sqm and includes a resort-style pool, gym, yoga lawn and rooftop entertaining areas. A function space with catering facilities forms part of the upper-level offering, alongside north- and south-facing outdoor areas.

Ground level will incorporate two retail tenancies, intended to extend the existing village character of the surrounding streets.

&nbsp;

[smartcode_project:default project_id=107520 project_image_fid=367200]

The project sits within walking distance of Thomas Drive’s established dining strip, while maintaining proximity to <a href="https://www.apartments.com.au/developments/surfers-paradise-qld-4217">Surfers Paradise</a> beach and broader Gold Coast amenity. The location, positioned on Chevron Island between the river and coastline, has increasingly attracted mid- to high-density development in recent years as the precinct evolves beyond its low-rise origins.

Gardner Vaughan’s move into the Gold Coast was first signalled in 2025, with the group identifying the region as a natural extension of its operations. Chief Executive Officer Simon Betteridge described the expansion as both “strategic and natural”, citing demand for well-designed apartments in lifestyle-driven markets.

Construction is expected to complete in early 2029.

[smartcode_project_cta:default project_id=107520]

Joel Robinson

Gardner Vaughan brings Bronze on Chevron to market as Gold Coast debut

One of the penthouses at Lily Lane, the latest stage of Carrington Place by Ellipse Property, has set a new local apartment price record.

The four-bedroom residence, purchased by a local downsizer, sold for $5.75 million—around 75 per cent higher than the previous record of $3.3 million.

Over 40 per cent of the first release of apartments at&nbsp;<a href="https://www.apartments.com.au/new-apartments/lily-lane-at-carrington-place-castle-hill-32-carrington-road-castle-hill-nsw-2154">Lily Lane</a> have already been snapped up just six weeks since it launched to the market.

&nbsp;

Located at 32 Carrington Road, <a href="https://www.apartments.com.au/developments/castle-hill-nsw-2154">Castle Hill</a> and designed by award-winning architects <a href="https://www.apartments.com.au/architects/ptw">PTW</a>, Lily Lane is directly opposite the Hills Showground Metro station. It offers a total 213 units over two 12-storey towers - a mix of 67 one-bedroom, 100 two-bedroom and 46 three-bedroom apartments - with a ground-floor retail offering.

[smartcode_project:default project_id=151821 project_image_fid=368352]

Blake Schulze, National Director – Residential at <a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a>, says around 44 per cent of buyers are&nbsp;owner occupiers, with 35 per cent being investors and 21 per cent first homebuyers.

“Developments of this calibre are very rare in the Hills District, and Lily Lane’s sales success demonstrates the depth of demand for over-sized apartments that genuinely compete with freestanding homes," Schulze says.

"We are seeing particular demand from downsizers who want to remain in the area but transition into spacious, high-quality apartment living."

On the penthouse sale, it says it shows buyers&nbsp;are prepared to pay a premium for scale, quality, and direct access to the Metro.

[smartcode_project:default project_id=151821 project_image_fid=368351]

One-bedroom apartments are sized from 50-72 sqm with prices starting at $745,000, while two-bedrooms are priced from $990,000 with sizes from 75 to 132 square metres. Three-bedroom floorplans are sized between 97 and 182 sqm,, with prices starting at $1,395,000.&nbsp;

The three remaining penthouses, spanning up to 262 sqm, are priced from $2.9 million.

Over 75 per cent of apartments include dedicated studies, multipurpose rooms or family rooms, with select layouts offering walk-in pantries and laundries. Apartments are appointed with premium Miele appliances including ovens, washing machines, dryers, gas cooktops and dishwashers, while larger residences also incorporate integrated Miele microwaves, Fisher &amp; Paykel integrated refrigerators and five-burner Miele cooktops.

[smartcode_project:default project_id=151821 project_image_fid=360285]

Lily Lane will be constructed by award-winning iCIRT-rated builder <a href="https://www.apartments.com.au/builders/decode">Decode Group</a>, with construction to commence in mid-2026 and expected to complete early 2029.

Carrington Place comprises more than 800 apartments and is being delivered across multiple stages, with completion expected in 2032. Integrated with neighbouring bushland, the project will feature over 20,000 sq, of outdoor recreational area, including a one-kilometre boardwalk to Fred Caterson Reserve.&nbsp;

The Hills Showground Metro Station is just a two-minute walk away, offering fast connectivity to Sydney’s CBD, North Sydney, Chatswood, Macquarie Park and Norwest Business Park.

[smartcode_project_cta:default project_id=151821]

Ellipse sets Castle Hill apartment record with $5.75 million Lily Lane penthouse sale

Fresh off completing its Delano Crows Nest development, Lindsay Bennelong has lodged plans for its next project, this time turning its attention back to the beach.

The developer, started 20 years ago by Clarendon Homes founder Peter Campbell, is proposing a 37-apartment scheme at <a href="https://www.apartments.com.au/new-apartments/17-25-ashburner-street-manly-nsw-2095">17-25 Ashburner Street</a>, Manly, positioned between the southern end of <a href="https://www.apartments.com.au/developments/manly-nsw-2095">Manly</a> Beach and East Manly Cove.

Lindsay Bennelong called on local architecture firm Platform Architects to design the new building, given their success at Finn, Lindsay Bennelong's current luxury apartment project on North Steyne.&nbsp;

According to the Design Verification Statement by Bridie Gough of Platform Architects, the proposal “relates to the current context but also the desired future character of taller buildings suitable to the new planning controls.”

The site has been identified as a Low to Mid-Rise Housing (LMR) location, given its position within 400 metres of the Manly Town Centre E1 Business Zone. The LMR controls are intended to unlock additional housing supply in well-located areas close to public transport, allowing developers to seek increased height limits to support greater density.

“The proposal seeks to provide this increased level of housing whilst being respectful of some of the smaller scale buildings also nearby,” the statement reads.

Lindsay Bennelong Development Director Leigh Manser said the project has been carefully aligned with the intent of the LMR controls. The proposal will significantly increase housing yield on the site, replacing four houses and 10 apartments, comprising 25 bedrooms, with 37 new apartments delivering a total of 94 bedrooms, whilst remaining compliant with the LMR controls.

“Sydney is in a severe undersupply, and delivering more dwellings and more bedrooms than what currently exists is exactly what the LMR policy is designed to activate,” Manser said, noting that nine of the apartments will be allocated as affordable housing for frontline workers.

“We have already commenced discussions with our community housing provider to determine the rental levels that frontline workers can realistically afford in this location,” he said. “These will need to sit well below the standard affordable housing benchmark of 20 per cent below market rent, and that has been factored into our feasibility and pricing.”

<img alt="Manly" data-entity-type="file" data-entity-uuid="ad03000f-19f9-48b4-b27d-e85ca800a1da" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-30%20at%208.41.59%E2%80%AFAM.png?VersionId=a.txHwCZgbCInlQ6QXbIrI.umvW1T.r8" />

The design of the building incorporates a wave-like indentation running through the façade, referencing the nearby coastline and anchoring the building within its local context.

The&nbsp;Design Verification Statement says careful consideration has been given to the articulation of the building, ensuring the bulk is broken down to a more human scale through a defined four-storey podium."

The scheme includes a mix of one-, two- and three-bedroom apartments, as well as a full-time building manager's office and wellness facilities including a sauna and a gym.

“The design ensures a high level of amenity, with apartments offering generous private open space, many with expansive views, and all with comfortable proportions."

<img alt="Bennelong" data-entity-type="file" data-entity-uuid="6a7f2812-72a1-4959-84b0-997e8cd88aed" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-30%20at%2010.15.50%E2%80%AFAM.png?VersionId=6iMxU3MkXmHVHAoNhYBjnqgka8CUZNbk" />

<a href="https://www.apartments.com.au/developers/lindsay-bennelong-developments">Lindsay Bennelong</a>&nbsp;is currently developing Finn Manly, just four full-floor luxury apartments on North Steyne. They recently welcomed residents to its 81-unit Delano Crows Nest development, a&nbsp;carefully scaled infill project designed to bridge&nbsp;<a href="https://www.apartments.com.au/developments/crows-nest-nsw-2065">Crows Nest</a>’s lively village centre with its surrounding heritage streets.

Designed by&nbsp;<a href="https://www.apartments.com.au/architects/ajc-architects">AJC Architects</a>,&nbsp;<a href="https://www.apartments.com.au/new-apartments/delano-crows-nest-27-57-falcon-street-crows-nest-nsw-2065">Delano</a>&nbsp;is arranged across three low-rise buildings, incorporating a mix of one, two, and three-bedroom apartments alongside a limited number of townhomes addressing Hayberry Lane. The architectural approach drew on the area’s Art Deco lineage, reinterpreted through contemporary detailing and framed by landscaped communal gardens.

The developer also has a development site in Maroubra.

First look: Lindsay Bennelong's new Manly apartment development revealed

Fifty-nine residences across 37 levels. No more than two per floor. With 80 per cent now sold, what remains at <a href="https://www.apartments.com.au/new-apartments/madeline-by-mosaic-broadbeach-22-mary-avenue-broadbeach-qld-4218">Madeline by Mosaic</a> is a short list.

Madeline was always conceived at a scale that sits outside the normal register of Gold Coast apartment living. The residences are half- and full-floor configurations, with the largest spanning more than 400 sqm, dimensions that place them closer to the penthouse end of the market regardless of where they sit in the building.

That scale is the organising principle of everything else: how the floorplans are laid out, how the materials read, how the connection between inside and outside works.

[smartcode_project:default project_id=150135 project_image_fid=355941]

The interiors were developed in collaboration with <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser &amp; Partners</a>, the architecture practice&nbsp;<a href="https://www.apartments.com.au/developers/mosaic-property-group">Mosaic</a> brought in as design partner for the first time on this project. The palette runs to natural stone, textured timbers, and soft metallics, materials chosen as much for their tactile quality as their appearance.

Light cleverly shifts across surfaces through the day, and the design is explicit about wanting that to be noticed. Full-height glazing runs across the primary living areas, and where the building faces east toward the ocean, those walls of glass are doing real work: framing a view corridor that the site's position directly opposite Broadbeach State School's playing fields keeps permanently open.

That outlook is the site's most consequential asset. In a suburb where new towers continue to rise, a protected view line is genuinely rare, and the Mary Avenue address secures it. Residents at Madeline will look out over open parkland rather than the rear of another building, a distinction that becomes more meaningful with each new development approved nearby.

[smartcode_project:default project_id=150135 project_image_fid=355939]

The private outdoor spaces are sized to match the residences themselves. Terraces on the upper levels frame uninterrupted ocean panoramas, and the planning ensures that living areas extend into those outdoor zones rather than treating them as separate attachments. The flow between the two is part of the design intent, not an afterthought.

Inside, the finish specification reflects the same approach. Rich stone benchtops, warm timber joinery, bespoke hardware, each element specified to hold up over time rather than read as a moment in a particular trend cycle.

[smartcode_project:default project_id=150135 project_image_fid=3409]

Beyond the residences, the amenity offering extends that register. A lap pool and sun deck anchor the outdoor space, alongside a magnesium pool, cold plunge, steam room, and sauna.

A commercial-grade gymnasium, residents' lounge, library, and boardroom round out a programme that functions more like a private members club than a standard building amenity floor.

Construction has commenced under Mosaic's in-house building arm, with completion scheduled for late 2028.

[smartcode_project_cta:default project_id=150135]

Madeline by Mosaic delivers penthouse-level living across every apartment

Developer Fortezza Group is the latest to take its new apartment development, <a href="https://www.apartments.com.au/new-apartments/the-belvedere-5-7-church-street-nelson-bay-nsw-2315">The Belvedere in Nelson Bay</a>, to the NSW Government.

Fortezza, predominantly a South East Queensland developer, is the latest to apply for State Significant Development&nbsp; status through the NSW Government's Housing Delivery Authority, a pathway becoming favoured by developers to speed up the approval process.

They are planning 57 two- and three-bedroom apartments across 5-7 Church Street and 42 Donald Street, near d'Albora Nelson Bay Marina. The diverse apartment mix has sizes from just over 80 sqm to the largest three-bedroom penthouses that reach nearly 200 sqm.

<img alt="Fortezza" data-entity-type="file" data-entity-uuid="090360e1-66d7-43ad-b686-aba81f173bf2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-29%20at%2010.22.40%E2%80%AFAM.png?VersionId=DMqF96eBZolqSAAAcugX0l66ueWng66m" />

Fortezza calls the project a "piece of Istria in Nelson Bay,"&nbsp;referring to the largest peninsula in the Adriatic Sea, shared by Croatia (90%), Slovenia, and Italy, which is known for its Roman history, Venetian-style coastal towns and inland hilltop villages.

They say the The Belvedere is strategically positioned at the apex of Nelson Bay, offering unrivalled views of the ocean, the bay and captivating topography of the area.

"Our commitment to maintaining the integrity of every view and sight line has been relentless," Fortezza Group says.

"Through extensive modelling and analysis, we ensure that each apartment enjoys the natural beauty of Nelson Bay, regardless of future developments. Each design element is carefully curated to harmonise with our European heritage, drawing profound inspiration from the Roman architectural marvels in Istria. The arches, the cascades of greenery and the stonework that define our project pay homage to the structures that once exemplified Roman grandeur."

Residents will have access to a pool, communal green spaces, an office and a coffee shop.

First look: Fortezza Group takes The Belvedere, Nelson Bay apartment development, to NSW Government

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

<html><body>
Queensland’s central Logan area has once again jumped onto the radar as a potential hotspot, with some developments apparently holding a waiting list for prospective tenants due to the low vacancy rate, and a generally low supply for new stock.
<a href="/news">Marsden</a> and <a href="/news">Browns Plains</a>, in <a href="https://www.propertyobserver.com.au/queensland/suburb-spotlight-logan-investor-activity-surges/2013112466554" target="_blank">Logan</a>, with vacancy rates of sub-2%, have median prices around $300,000 and rents that can bring in up to $240 per week.
In our suburb spotlight on Logan late last year, Australian Property Monitors’ Andrew Wilson warned investors about this area.
"It’s always the ‘curse’ of the hotspot. By saying it’s a hotspot, there could be an overshoot of fundamentals. Gladstone was the flavour of the month, now the direction’s moving to Logan," Wilson said.
"Investors should beware of the ‘hotspot’. What goes up quickly comes down quickly as well," he warned.
Developments such as <a href="https://mintthomes.com.au" target="_blank">Mintt on MaCarthy in Marsen</a> and <a href="https://www.thepromenadeqld.com.au/" target="_blank">The Promenade in Brown Plains</a> (pictured below), are both said to have waiting lists with all currently built and sold properties fully occupied, according to official marketing material. The next stage of properties is apparently being rushed forward to meet demand, seeing rental rates rising above the median.
{yoogallery src=[images/stories/2014/02/04/log]}
Photo: The Promenade in Brown Plains
Urban Development Institute of Australia president (Gold Coast and Logan), David Ransom, said that the Logan corridor is often underestimated as a potential growth area in south-east Queensland.
"A lot of the focus is generally on Brisbane and the Gold Coast, but Logan has plenty to offer in its own right, with its position between two major markets, a growing economy and a solid pipeline of development - including the two new major cities of <a target="_blank" href="/news">Yarrabilba</a> and Greater Flagstone which will help cater for future population growth," Ransom said.
"The Logan region broadly has a lower median house price than its neighbouring cities, which makes it an attractive area for investors and young families looking for an affordable opportunity to position themselves at the centre of south-east Queensland's growth corridor."
However, this isn’t necessarily a brand new hotspot opportunity. Property Observer remembers discussions of Logan being the next area to buy, with some likening it to <a href="https://www.propertyobserver.com.au/new-south-wales/suburb-spotlight-mount-druitt-may-retain-hotspot-label/2014012167284" target="_blank">Sydney suburbs in Blacktown and around Mount Druitt</a> for high yields.
In fact, in October 2012, <a href="https://www.propertyobserver.com.au/queensland/logan-central-tops-list-of-brisbane-suburbs-with-top-unit-yields/2012102857466" target="_blank">Logan Central topped the list for the highest yielding units across Brisbane</a>.
We also featured a debate about this area, with <a href="https://www.propertyobserver.com.au/queensland/brisbane-tipped-for-growth-but-jury-out-on-best-location/2013090564807" target="_blank">Right Property Group’s Victor Kumar calling Logan undervalued due to stigma</a>, presenting good opportunities for buyers. Propertyology’s Simon Pressley, however, said that he does not invest there and considers it for more ‘unsophisticated’ investors.
The Promenade at Browns Plains has 120 three-bedroom townhouses, of which half have been completed and tenanted. The final release sees prices starting from $337,900.
Meawhile, Mintt on MaCarthy, in Marsden, has 20 completed and tenanted three-bedroom townhouses in stage one and 12 in stage two that are currently selling. These are priced from $336,900.
Both feature pools, barbecue areas, playgrounds and on-site managers.
jduke@propertyobserver.com.au
 
 
 
</body></html>

jduke-EHk3XBmHkn

Logan catches attention as ‘hotspot’, but has the boom passed?

<html><body>
According to the Real Estate Institute of Queensland (REIQ), vacancy rates are up across most of the state as the sales market picks up.
The vacancy rate in the Brisbane City local government area was at 3.2% at the end of December, up from September’s 2.3%, displaying “healthy levels of supply and demand”, according to the REIQ. The highest quarterly increase in the vacancy rate was recorded in inner Brisbane (suburbs within 5 kilometres of the CBD), which climbed 1.7 percentage points to 4.1%.
According to REIQ chairman Rob Honeycombe, new developments in Brisbane’s inner suburbs may have led to a slight oversupply of rental stock, while a decrease in interest from tenants is typical of the final quarter of the year.
“At end of the year we generally experience lower tenant demand as residents vacate for work transfers or the end of the university year. From mid-January, demand increases again as tenants begin their search for their new property,” he said.
The REIQ Residential Rental Survey was conducted in December across all of the state’s REIQ accredited agencies. Across the greater Brisbane area, about 40% of agents surveyed reported that investor activity had increased, but demand from tenants had remained strong, allowing vacancy rates to remain low.
The REIQ survey data shows that regional Queensland’s mining towns are experiencing substantially higher vacancy rates. Gladstone agents surveyed noted a surplus of rental property, with the Gladstone vacancy rate at 7.7% at the end of December. In September 2013, the vacancy rate in Gladstone was recorded as 5.8%, while it sat at 2.1% in December 2012.
Mackay also recorded a vacancy rate of 7.7%, due to a combination of oversupply and job losses. September’s vacancy rate for Mackay was at 5%. REIQ agents reported low application numbers for rental properties, with properties taking more than four weeks to fill.
However, conditions were favourable for landlords in Toowoomba, where a vacancy rate of 1.3% was recorded for December. Vacancy rates were also low in the Gold Coast, with a decrease of 0.4 percentage points since September, and the Sunshine Coast, where vacancy rates were down 0.3 percentage points.
Honeycombe noted that Queensland’s rental market has performed well in recent years, especially in comparison to the sales market.
“Over the past few years, it has been the rental sector which has been the better-performing segment of the market,” Honeycombe said.
“Now while the sales market returns to healthy levels of activity after a period of subdued volumes, the rental market is experiencing a slight easing of vacancy rates after a long period of tight rental conditions.”
<a href="mailto:jrichardson@propertyobserver.com.au" target="_blank">jrichardson@propertyobserver.com.au</a>
 
 
</body></html>

jrichardson-uRX5hFdKfN

Queensland’s rental market easing: REIQ

<html><body>
It’s cyclone seasons for some unfortunate residents in Australia; however, the recovery process can be smooth for those who are prepared.
Archers Body Corporate Management North Queensland regional manager, Stephen McCulloch, said that more than 75% of their clients between <a target="_blank" href="/news">Townsville</a> and <a target="_blank" href="/news">Airlie Beach</a> would be in some way affected.
<hr>
YOU MIGHT ALSO WANT TO READ:
<a target="_blank" href="https://www.propertyobserver.com.au/news/suncorp-receives-4500-insurance-claims-as-anxious-queensland-and-northern-nsw-homeowners-await-rising-flood-waters/2013012959009">Suncorp receives 4,500 insurance claims</a> as anxious Queensland and northern NSW home owners await rising flood waters
<a target="_blank" href="https://www.propertyobserver.com.au/finance/reducing-queensland-cyclone-insurance-premiums-independent-strata-study/2013102865992">Reducing Queensland cyclone insurance premiums</a>: Independent strata study
<hr>
The rebuilding and repairing process, as well as navigating insurance, will be the challenge for those ahead, said McCulloch.
“Insurance and the cost of repair has been a big issue for unit owners and bodies corporate in North Queensland since Cyclone Yasi,” he said.
“Depending on the type of body corporate, most policies will cover the structure of the building including internal fixed cupboards and walls but will normally exclude cover for carpets and air conditioners.”
Some policies may exclude flood cover, he noted, unless your body corporate chooses to include it. Ensure you check the policy document of your scheme’s insurance so there aren’t any surprises around what is and isn’t covered.
Tips for unit owners and bodies corporate post-cyclone damage: 
1) Act quickly – secure trades people and contractors to repair any damage as soon as possible. 2) If trades people aren’t immediately available, but the damage is urgent, contact the SES or other emergency services. 3) Use emergency provisions within the Body Corporate Act to authorise expenditure where appropriate. 4) Lodge insurance claims quickly to ensure any necessary assessment is carried out as soon as possible and refunds are received expediently. 5) Communicate with owners and occupiers in the complex, clarify the extent of the damage and what actions are underway, provide updates regularly and encourage owners to seek guidance and advice from the body corporate. 6) If the building is evacuated, determine an effective way to remain in contact with owners and occupiers. 7) Mr McCulloch said after the event it was a good idea to integrate these steps into an emergency procedure to mitigate damage if such an event were to occur again. 8) Alert occupants to check and secure any loose items on balconies. Ensure all outdoor furniture is secured. 9) Review past flood levels and consider what may be damaged if such levels are experienced again. Can assets be relocated to a higher floor? Can the lift be reprogrammed so it does not automatically descend into the flood waters upon power loss? 10)  Inform residents to prepare an emergency kit with a torch, battery operated radio, spare batteries, emergency contact details and first aid materials. 11)  Review existing insurance policies and ensure adequate cover is in place. 12)  Formulate a cyclone mitigation plan to be distributed to all owners and occupiers and consider what action will be taken in the event of a future emergency.
<ol></ol>
Source: Archers Body Corporate
 
jduke@propertyobserver.com.au
</body></html>

12 steps for property owners in cyclone areas: Tips from body corporate

<html><body>
With signs of recovery being seen in 2013, BIS Shrapnel is forecasting further strengthening of the off the plan apartment market in Brisbane over 2014 and 2015 before a period of softening.
Low vacancy rates, low interest rates, attractive yields and a strengthening Brisbane residential market are set to push the off the plan market from strength to strength, the research house believes.
Interstate demand will also help fuel this industry, according to the Inner Brisbane Apartments 2013 to 2020 report.
Subdued rent and prices are then expected to be seen by 2016, as a historic peak is seen in the inner Brisbane apartment market, with the potential to ease supply strains.
Senior project manager and report author, Angie Zigomanis, said that the inner Brisbane apartments are increasingly attractive with yields in many of these projects around the 5% mark and above.
“However, with many expecting that the Brisbane market has now bottomed out and the risk of further price declines is dissipating, the impetus to enter the market has increased,” said Zigomanis.
The high prices in Sydney and prospect of oversupply in Melbourne may be pushing interstate buyers towards this market.
“In previous market upturns, interstate investors have accounted for up to 40% of off the plan sales in inner Brisbane,” he said.
“In particular, buyers from New South Wales are likely to find the value proposition for apartments in Brisbane more attractive compared to prices of apartments in inner Sydney after the recent rises that have occurred there.”
Currently, BIS Shrapnel estimates that as of November 2013, over 4,000 apartments in inner Brisbane were under construction in projects scheduled for 2015/2016 completion, with 3,000 expected to see pre-sales hurdles before proceeding to completion around this time.
New apartment completions are therefore looking to increase from 1,300 dwellings in 2012/2013 to more than 2,000 in 2013/2014 and 2014/2015. This could see the numbers exceeding 3,000 in 2015/2016.
“This level of completions is likely to result in excess supply pressures emerging in the inner Brisbane market by 2015/16,” said Zigomanis.
“Together with the likelihood of interest rate policy being well into a tightening phase by this point, this will signal the peak of the market and the window for developers will begin to close.”
The peak will then put pressure on older stock to soften prices and rents. The one factor left undetermined in calculating this length of the weaker period is the number of projects that see hurdles and that are also restricted to certain tenants, such as through the National Rental Affordability Scheme (NRAS).
Price growth up until the 2015/2016 peak is expected to be around 5% per annum.
<a target="_blank" href="mailto:jduke@propertyobserver.com.au">jduke@propertyobserver.com.au</a>
</body></html>

Investor warning: Brisbane apartment prices expected to soften in 2015/2016

<html><body>
The sale of a waterfront property in Brisbane’s inner east has reached the record price for a Brisbane residence in 2013.
Negotiated by Place, the Hawthorne property sold through an extensive campaign, with tenders received by international and local investors.
The six bedroom home was completed on a 1,654 square metre block in 2008. With three storeys, it includes five bathrooms, a pool, a designated media room and a six-car garage with lift access. The riverfront property at <a href="https://www.realestate.com.au/property-house-qld-hawthorne-114475147" target="_blank">114 Virginia Avenue</a> also features a boat shed and patio.
{qtube vid:=TX5PIRRPdMU}
According to Place chief executive Damien Hackett, there was significant movement in Brisbane’s residential market last year.
“We saw great strength in the market over the last few months of the year, which has continued into 2014, with properties selling quickly as confidence markedly improves amongst both buyers and sellers,” he said.
“The sub-$1 million price bracket led the way in Brisbane’s regaining strength, but we have also seen a significant improvement in the top end, which started towards the end of 2013.”
Hackett says that the city’s prestige market had a stronger performance than expected, with the $7.5 million Virginia Avenue sale one of four properties that sold for more than $4 million each in a single week in December. He noted that the market for top end properties is generally linked to activity in the stock market.
“As long as the stock market keeps performing it will be positive for the higher end of the property market,” he said.
<a href="mailto:jrichardson@propertyobserver.com.au" target="_blank">jrichardson@propertyobserver.com.au</a>
 
 
 
</body></html>

Waterfront Brisbane home makes late run to take out Brisbane's most expensive sale of 2013

<html><body>
An April opening has been announced for the new Marian Town Centre in Queensland.
Developers Tipalea Partners have announced that the retail and services centre is soon to be completed and will open for business on April 5 this year. Tenants, which will include the only full-range Woolworths supermarket west of Mackay, will have access to their tenancies from early February, about eight weeks prior to the centre’s launch.
<img width="470" height="253" src="/images/stories/2014/01/23/marian-jan-23-two.jpg" alt="marian-jan-23-two">
Photo: Supplied
The Marian Town Centre will also include a dentist, a medical centre, a gym and various food retailers. According to Tipalea Partner’s managing director Scott Spanton, the developers have worked to deliver a diverse mix of tenants. Five vacant tenancies are left, with Tipalea still seeking a hair salon, a bakery, a real estate agency and more food retailers.
“The construction of the centre has gone well and it has provided a major economic boost for the Mackay region with the creation of approximately 210 direct jobs during the build phase,” Spanton said.
“Once the centre is up and running we estimate that it will generate approximately 250 permanent positions.”
The development will also include 280 car parks on the 7.5 hectare site. Spanton estimates that the centre will cater to about 8,900 people, a figure that he expects to increase to 12,000 by 2026.
<a href="mailto:jrichardson@propertyobserver.com.au" target="_blank">jrichardson@propertyobserver.com.au</a>
</body></html>

Marian Town Centre set to open in April

<html><body>
Coast Broadwater, the latest residential high-rise offering from Queensland’s Heran Building Group, has been launched to the market.
The Gold Coast development is to be released over three stages, and is a $100 million multi-tower development that provides waterfront apartments to those looking to purchase in the controversial Gold Coast market at <a target="_blank" href="/news">Broadwater</a>.
This may be a positive boost for the area after Harry Triguboff said he would quit the market last July, after the <a target="_blank" href="https://www.propertyobserver.com.au/developments/harry-triguboff-to-quit-volatile-gold-coast-market-after-one-last-high-rise-hurrah/2013072363516">release of the final stage of a $1 billion Brighton on Broadwater project</a>. However, it appears he then amended his outlook in December - <a href="https://www.goldcoastbulletin.com.au/news/gold-coast/highrise-harry-triguboff-returns-to-the-gold-coast-to-break-ground-on-400-million-luxury-tower-in-southport/story-fnj94idh-1226773876258" target="_blank">re-entering the market with another development in Southport</a>, as reported by the Gold Coast Bulletin.
Located on Labrador’s Marine Parade, the views are across Gold Coast Seaway and will potentially be onto the proposed Cruise Ship Terminal. It is close to Charis Seafoods and Grand Hotel.
The Cruise Ship Terminal has seen <a target="_blank" href="https://www.propertyobserver.com.au/news/eight-bid-for-broadwater-gold-coast-cruise-ship-development/2013021459343">a number of bids over the past year for its development</a>.
Stage one is to be released first with 124 resident-only apartments on 12 levels. There will be 45 one-bedroom, seven one-bedroom plus study and 72 two-bedroom units with prices from $299,000 upwards. This price was noted as 30% below other new apartments in the area, which was said to be achievable by disregarding "wants" and re-focusing on what property owners "need", said development manager Tim Kelly.
The construction on this stage has started with a completion date slated for September 2014.
The project should appeal to both owner occupiers and investors due to the value and location said Kelly. Stage one in particular will appeal to first home buyers, single occupants or couples looking to get into the market.
“Prior to developing Coast Broadwater, we undertook extensive market research and found there was a strong need for affordable new residential one and two bedroom apartments on the northern Gold Coast,” said Kelly.
“According to recently conducted research by Australian property expert Michael Matusik, 34% of local residents currently live alone and a further 31% live as a couple, which means the need for one bedroom apartments in the area is on the rise,” he said.
“We have achieved this by ensuring each apartment caters for what a buyer ‘needs’ rather than ‘wants’, allowing us to offer quality apartments well below the average asking price.”
Senior architect, Ian Hosking, said that the design is based on spacious, contemporary, open plan living.
“Each apartment has been designed to encompass fresh, neutral tones to reflect the development’s coastal ambiance, with the addition of large floor-to-ceiling windows and doors and expansive balconies,” said Hosking.
“Modern fixtures and finishes will feature throughout, including Caesar stone kitchen bench tops, stainless steel European appliances and ceramic tiles, while all bedrooms are generously sized, and come complete with built-in robes.”
Stage one also has a salt-water swimming pool, barbeque and social area, residents’ lounge and underground car parking. On-site management is also included.
jduke@propertyobserver.com.au
For the latest development listings, brought to you by Property Observer and partners, see our <a href="https://showcase.propertyobserver.com.au/" rel="nofollow">Investor Showcase</a>.
Images are artist impressions.
 
</body></html>

Coast Broadwater $100 million residential highrise hits the market

<html><body>
Experts are <a target="_blank" href="https://www.propertyobserver.com.au/finance/which-capital-city-will-do-best-this-year-an-exclusive/2014011667218">increasingly saying that Brisbane is the city to watch this year</a>, and so it's not surprising that the predictions are coming rolling in as to the specific suburbs to buy into. Where <a target="_blank" href="/news">Logan</a> was the investor favourite last year, Lachlan Walker, Place Advisory Director, said that his suburb picks are actually those in the inner city.
He tipped the following for growth:
1)<a target="_blank" href="/news">Woolloongabba</a>
2) <a target="_blank" href="/news">Newstead</a>
3) <a target="_blank" href="/news">Spring Hill</a>
4) <a target="_blank" href="/news">Kelvin Grove </a>
5) <a target="_blank" href="/news">West End</a>
Walker said that these are about good old fashioned common sense, with an investor just needing to think about what they would want in an area themselves to quickly find out what would be desirable for a prospective tenant.
“The suburbs we’ve picked are likely to meet the key investment criteria over the coming years, which is proximity to the following things – the CBD; public transport; retail and entertainment options; parks, walkways and bike paths; and educational facilities," he said.
“These areas will artfully balance gentrification with green space, lifestyle options with employment opportunities and walkable amenity with an abundance of transport options.”
While each of the locations he has tipped have different aspects, he noted that the key criteria will consistently perform as they remain attractive to future buyers.
“Put simply, people are always attracted to blue and green; parks and rivers,” he said.
“Whether for aesthetics or practicality, these natural components will always be more appealing than built up industrial areas."
With traffic worsening in Brisbane, this is also fast becoming a consideration with the river providing another alternative away from the roads.
“A good location is the bread and butter when it comes to securing a profitable investment,” he said.
“The first step every investor needs to take when determining whether a precinct will be the home of a successful investment is to ask the question: what makes people choose one area over another?”
Which areas in Brisbane are you expecting growth from?
jduke@propertyobserver.com.au
</body></html>

Five inner city Brisbane suburbs tipped: Place Estate Agents

<html><body>
The Property Council of Australia - ANZ Property Industry Confidence Survey, which saw Queensland's confidence surge by 10 points over the March quarter, has attracted the notice of Premier Campbell Newman.
With the result noting that property confidence in Queensland is now stronger than that of any other state or territory, Newman said that it outlined the capacity to do business in the state.
“It’s also great to see that Queensland is the only State where the majority of industry professionals believe the State Government is doing a good job in planning and managing growth," he said.
The survey also saw the highest expectation for economic growth for Queensland over the coming year, which Acting Treasurer John McVeigh said is a marked change over the last six months.
“Planned property construction for the March quarter has also surged ahead, particularly for the residential sector," said McVeigh.
The Government's reform agenda, that including a new planning policy, assessment and referral agency, two regional plans and the creation of a number of Priority Development Areas, is being noted by Acting Minister for State Development Infrastructure and Planning, Ian Walker, has having an effect.
“This year we will be focusing on finalising the local infrastructure charges system, introducing a new concise planning act to replace the current convoluted legislation, finalising the Cape York regional plan, preparing a new southeast Queensland regional plan, and reforming the structure and content of future local government planning schemes," said Walker.
<a target="_blank" href="mailto:jduke@propertyobserver.com.au">jduke@propertyobserver.com.au</a>
</body></html>

Queensland property confidence attracts Premier's attention

<html><body>
Queensland homeowners have been alerted to a new phone scam in Brisbane that is related to a 'solar rebate'.
The scammers lure people in with the attraction of a $2,000 rebate on solar, and then request the homeowners' bank details.
Minister for Energy and Water Supply, Mark McArdle, said that residents in the Aspley area had been receiving calls from scammers claiming to be part of the Queensland Government's "renewable energy team".
"This is a scam. The Queensland Government makes no direct payments to residents under the solar rebate scheme" McArdle said.
"The best way to beat the scammers is for people to not be drawn into a conversation and immediately hang up if they receive a phone call like this."
Anyone who has received a similar call should speak to the Office of Fair Trading on their hotline - 13 74 68.
"The old adage that if something looks too good to be true, it probably is, certainly applies in this case," he said.
"Payments would only be made to a consumer by an electricity retailer – not the Government – if electricity is generated above and beyond a household’s electricity use."
Homeowners should not be providing their bank details to people they do not know or trust, regardless of the institution they claim to be from.
<a target="_blank" href="mailto:jduke@propertyobserver.com.au">jduke@propertyobserver.com.au</a>
</body></html>

Latest Queensland Property News

Gardner Vaughan brings Bronze on Chevron to market as Gold Coast debut

Editor's Picks

Developments

New apartments

New townhouses

News

Latest Queensland Property News

Gardner Vaughan brings Bronze on Chevron to market as Gold Coast debut

Editor's Picks

Receive the latest news stories to your inbox

Developments

New apartments

New townhouses

News