<a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> has lodged plans for a $750 million, three-tower mixed-use precinct that would complete the long-running redevelopment of Carlton's former Carlton United Breweries site.

The proposal at <a href="https://www.apartments.com.au/new-apartments/185-195-queensberry-street-carlton-vic-3053">46-78 Bouverie Street and 185-195 Queensberry Street</a> spans a 6,468 sqm site, the last remaining undeveloped parcels within the former brewery's 2007 masterplan.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the development will comprise two purpose-built student accommodation towers and a third build-to-sell apartment tower above a shared commercial podium and basement.

Across the three towers, SP Setia is proposing 606 build-to-sell apartments and 1,499 student accommodation units containing 2,009 beds.

The apartments will sit in the tallest tower, which will rise nearly 200m and 55 storeys. It will become&nbsp;one of the more substantial new build-to-sell apartment projects at the northern edge of Melbourne's CBD.

The apartment mix is weighted toward smaller inner-city product, with 188 studios, 206 one-bedroom apartments, 192 two-bedroom apartments and 20 three-bedroom apartments

<img alt="First look: SP Setia plans three-tower finale for Carlton’s former CUB precinct" data-entity-type="file" data-entity-uuid="8271bc87-1b0a-41b7-ac73-a425ee375261" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/3_2.png?VersionId=G4lw23o90B1boX4k4dj7rdz2ZEajS9wy" />

Part of the precinct will be a large-scale&nbsp;3,684 sqm supermarket and a further 2,198 sqm of speciality retail, creating close to 5,900 sqm of new commercial space within the precinct.

But one of the biggest components of the proposal is what sits between the buildings.

Around 4,650 sqm, or roughly 72 per cent of the site, will be publicly accessible open space, incorporating plazas, pedestrian connections, landscaped laneways and retail spill-out areas.

The ground plane is intended to finally complete pedestrian connections envisaged when the CUB masterplan was first approved nearly two decades ago, stitching together Victoria Street, Queensberry Street, Bouverie Street and Swanston Street through the former brewery precinct.

Urbis said the development would "complete the CUB precinct", with the public realm providing important north-south and east-west connections through what is currently the final undeveloped portion of the masterplanned site.

SP Setia is also exploring a new linear park within the Bouverie Street road reserve, with the concept to be developed further with the City of Melbourne through the planning process.

The proposal is being pursued through the Victorian Government's Development Facilitation Program under Clause 53.23 for significant residential development with affordable housing.

The planning report acknowledges the proposed heights exceed those contemplated under the original Comprehensive Development Plan and masterplan, but argues the built-form context has changed considerably over the past two decades.

Urbis said the three towers would instead create a stepped transition between Carlton and the Hoddle Grid, rising progressively from the 94.1-metre Tower One along the Queensberry Street edge to the 199.44-metre Tower Three closer to the established CBD-scale buildings to the south.

<img alt="SP Setia" data-entity-type="file" data-entity-uuid="e885a07a-592c-40fc-bf82-e6dbaf32da54" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.52.24%E2%80%AFAM.png?VersionId=7s_ErUkSKAdY1mAWp3GRZgMNCGtwhk5m" />

SP Setia plans to deliver the development across three stages.

Stage One would deliver the basement, podium and retail areas for the entire precinct alongside the first student tower. Tower Two would follow in Stage Two, before the 606-apartment Tower Three is delivered as the final stage.

If approved and delivered, the project would close out a redevelopment process that has been underway since the former brewery masterplan was approved in 2007, adding more than 2,600 student beds and apartments to a precinct already home to Swanston Central, the Barak Building, RMIT Design Hub and several large student accommodation developments.

&nbsp;

&nbsp;

Joel Robinson

SP Setia plans three-tower finale for Carlton’s former CUB precinct

Melbourne developer Lowe Living is seeking to add to its growing bayside apartment pipeline, filing plans for a boutique eight-residence development in tightly held Middle Park.

Lowe Living, which has built much of its development portfolio across Melbourne's affluent bayside and south-east suburbs, is behind the plans for the 730 sqm site at <a href="https://www.apartments.com.au/new-apartments/123-125-erskine-street-middle-park-vic-3206">123-125 Erskine Street</a>, just off Armstrong Street and within the Armstrong Street Neighbourhood Activity Centre.

The developer is seeking approval for a five-storey residential building above two basement levels, with just eight large-format apartments and 18 car spaces.

“This is a deliberately very different proposition for us,"&nbsp;Tim Lowe, Co-Founder of Lowe Living, said.

"Eight residences is exceptionally boutique, but that's precisely what this site calls for.

“There is a strong community in Middle Park and the surrounding suburbs who have spent decades building a life here. They no longer want the maintenance of a large period home, but they aren't prepared to compromise on space, quality or location. We think there is a real opportunity to capture that hyper local market. A site like this rarely comes to market.”

<img alt="Lowe " data-entity-type="file" data-entity-uuid="875fe572-0f14-4d90-9e11-55b28dd07731" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.42.49%E2%80%AFAM.png?VersionId=GDNQRv9BfpR9r1zkZ5UDyUM4ZvpIksut" />

The low-density proposal has been designed by Cera Stribley and is being progressed through the Victorian Government's Great Design Fast Track pathway, having already secured eligibility from the Minister for Planning.

The Office of the Victorian Government Architect supported its eligibility after finding the proposal demonstrated consistency with the program's seven design principles, while the project's financial feasibility has also been independently confirmed by Invest Victoria.

The project is targeting the downsizer market, with the planning documents describing the homes as larger-format residences and noting the two penthouses could otherwise have been configured as four separate apartments.

<img alt="Lowe 2" data-entity-type="file" data-entity-uuid="60ab0987-2da6-4175-adac-315dcf6053c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.15%E2%80%AFAM.png?VersionId=bOCPH0B2MFwlmaRW.TTCF9TzyifgVoQI" />

The site has dual frontage to Erskine Street and Canterbury Place and currently comprises a collection of commercial buildings used as offices, including a former heritage bakehouse, a former stable, a later gabled addition and a central courtyard.

It sits within the Commercial 1 Zone and the Armstrong Street Commercial Precinct heritage overlay, with the existing property classified as a contributory heritage place.

Heritage has subsequently played a significant role in Cera Stribley's design.

The front section of the former bakehouse facing Erskine Street will be retained, including its return walls, street-facing hipped roof and chimneys, while the Erskine Street façade and part of the western return wall of the former stable will also be incorporated into the new development.

Levels four and five will be set back five metres from the retained stable façade, while bricks removed through demolition are proposed to be salvaged and reused within the new building where possible.

<img alt="Lowe 3" data-entity-type="file" data-entity-uuid="e97927a9-a2de-4a0f-83b6-65451238abfa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.06%E2%80%AFAM.png?VersionId=VR44AChLrX9q1XPB9GvVQV.ALXXbe4gC" />

Rather than presenting as a single five-storey building to Erskine Street, Cera Stribley has broken the development into a series of distinct forms.

A three-storey infill element will sit between the retained bakehouse and stable façades, with the upper levels recessed behind the heritage fabric. Canterbury Place will similarly feature two three-storey podium forms, separated by a central pedestrian accessway, before the upper two levels step back from the street.

A pedestrian through-link will run through the centre of the project between Erskine Street and Canterbury Place, creating entrances from both sides of the site and introducing landscaping and communal areas through the ground plane.

Landscape architect Acre has designed planting across the ground level, private terraces and upper levels, including a feature canopy tree at level three and integrated planting and arbours across the level four terraces. Five existing Erskine Street trees are proposed to be retained.

Sustainability is also a significant component of the Great Design Fast Track application. The apartments are targeting an average eight-star NatHERS rating, with no residence below 6.5 stars, while the project has achieved a 75 per cent BESS score. Seven of the eight apartments are designed for cross-ventilation, with the remaining residence using mechanically assisted natural ventilation.

The plans also incorporate an 8kWp rooftop solar system, a 5,000-litre rainwater tank and infrastructure allowing future electric vehicle charging for every residence.

Lowe has a strong portfolio across Melbourne's blue-chip suburbs. They recently launched <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House by Lowe Living</a> in Camberwell, their first development in the Stonnington LGA.

Lowe Living unveils Middle Park apartment development

Article summary

<ul data-end="888" data-start="289">
	<li data-end="442" data-section-id="8tsh6o" data-start="289">DVB Projects is preparing to launch its second Gold Coast apartment development, with demolition now underway at 137 Old Burleigh Road, Broadbeach.</li>
	<li data-end="573" data-section-id="1nyxl3e" data-start="443">The 34-level tower will comprise just 49 ultra-luxury residences, including half-floor, full-floor and penthouse apartments.</li>
	<li data-end="717" data-section-id="oiyimj" data-start="574">The launch follows strong demand at DVB's nearby Sea Glass project, which is more than 50 per cent sold and currently under construction.</li>
	<li data-end="888" data-section-id="epk9o9" data-start="718">The development adds to the transformation of Old Burleigh Road, with premium beachfront apartment projects continuing to reshape the tightly held Broadbeach strip.</li>
</ul>

<a href="https://www.apartments.com.au/developers/dvb-projects">DVB Projects</a> is preparing to launch its second Gold Coast apartment development, with demolition now underway on the Broadbeach site as the Sydney developer moves closer to bringing the ultra-luxury project to market.

The 34-level tower at <a href="https://www.apartments.com.au/new-apartments/137-old-burleigh-road-broadbeach-qld-4218">137 Old Burleigh Road</a> will comprise just 49 residences, ranging from half-floor apartments through to full-floor homes and a penthouse. The launch follows the strong sales performance of DVB's nearby Sea Glass development. More than half of the apartments at Sea Glass, on the other side of Broadbeach, have been snapped up, well ahead of its late 2027 completion

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="2944b4be-c84e-4b54-8dc1-c712e76704c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E02_Exterior_Street%20Level%20Entrance.jpg?VersionId=YoNig7pRdrE3HCue7sUj78LzJteeQf3H" />

The start of demolition at 137 Old Burleigh Road signals DVB Projects’ underlying confidence in the Gold Coast’s luxury beachside apartment sector.

“We see the Gold Coast as one of the most compelling lifestyle markets in Australia, particularly at the premium end where demand continues to deepen,” said Dean Brown, Managing Director of DVB.&nbsp;

“This project has been carefully designed to respond to that demand - delivering large-format residences with a level of quality, privacy and amenity that is still relatively rare in the apartment market on the beachside."

Brown says the site itself is "exceptional."

"Old Burleigh Road is one of the most tightly held beachfront strips, and opportunities to deliver a project of this scale and calibre in this location are extremely limited.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="398f377a-c037-455e-9250-0c5e0d84c35b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/I12_FF%20Balcony.jpg?VersionId=NwOiRWGMubR1c8wthuEfggklcja7al9." />

The project will comprise 40 half-floor residences of approximately 260 sqm, alongside eight full-floor residences spanning around 524 sqm.

A single penthouse will crown the building, featuring a private pool, barbecue area, indoor gym and dedicated entertaining spaces.

Residents will have access to a resort-style suite of amenities, including a 20-metre pool with daybeds, a gymnasium, hot and cold plunge pools, a sauna, and private residents’ lounge and dining facilities.

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="d1642bb0-9a66-4427-a022-dfc0988c6287" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A02_Pool%20to%20View.jpg?VersionId=c0IXPyn_Gp_Kn3XCwzMrqIVkAdCEwVXP" />

Sales agent Todd Matheson, of <a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a>, which is marketing both 137 Old Burleigh Road and Sea Glass, said 137 Old Burleigh Road would address a clear gap in the market for genuine luxury products.

“There are very few opportunities on the Gold Coast where buyers can secure a residence of this size and quality in a new building,” Matheson said.

“What we’re seeing is a growing cohort of downsizers and interstate buyers who still want space - they’re not willing to compromise on living area, entertaining or finishes.

“This project has been designed with that buyer in mind. It offers the scale of a home, combined with the convenience and security of apartment living, in one of the coast’s most desirable positions.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="59aae0ca-5639-4320-8aca-d0bf60f48e43" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E01_Exterior%20Hero.jpg?VersionId=DS8Zfy2WtgUEtdfe0TEUuf1W1GfcZq8S" />

Located on a 1,156 sqm site one block from the beachfront, the development will replace an ageing walk-up building and is expected to contribute to the ongoing transformation of the Old Burleigh Road strip into one of the Gold Coast’s most prestigious residential corridors.

With the development moving into the delivery phase, 137 Old Burleigh Road is slated to hit the market later this year.

[smartcode_project_cta:default project_id=145141]

DVB Projects to launch second Broadbeach apartment tower as demolition commences

<a data-end="327" data-is-only-node="" data-start="250" href="https://www.apartments.com.au/developers/norus-projects" rel="noopener" target="_new">Norus Developments</a> has lodged plans for a new apartment development in Clayton that would add further momentum to the suburb's emerging Green Street corridor.

Plans have been lodged for the consolidated site at <a href="https://www.apartments.com.au/new-apartments/1359-1365-centre-road-clayton-vic-3168">1359-1365 Centre Road</a>, where Norus is seeking approval for 218 apartments across a 12-storey apartment building designed by <a href="https://www.apartments.com.au/architects/life-architecture-and-urban-design">Life Architecture</a>.

The proposal sits within the Clayton Major Activity Centre at the threshold of the planned Green Street corridor, a landscaped pedestrian connection intended to improve links through the precinct towards Clayton Railway Station.

The development would replace the site's existing collection of low-scale residential and commercial buildings with a single consolidated building, introducing significantly greater housing density to this part of Centre Road.

A retail tenancy is proposed at ground level to activate the Centre Road frontage, accompanied by transparent street interfaces and landscaping intended to create a more pedestrian-focused edge to the development.

<img alt="First look: Norus Developments plans landscape-led apartment project for Clayton’s emerging Green Street" data-entity-type="file" data-entity-uuid="0a5a763a-d9e9-4253-af2f-88008de27ebf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Clayton%20a.png?VersionId=S2WJJbat1XVkZwB9SnYtygirXgWHiklX" />

The building has been designed with stepped massing and upper-level setbacks to manage its transition towards surrounding residential properties. The planning report describes the approach as one that integrates the building into the landscape rather than treating landscaping as a secondary element.

"A strong landscape and public realm strategy underpins the proposal," Urbis states in the planning report.

"Public benefits include an affordable housing contribution, a new pocket park, generous landscaped setbacks, deep soil planting and integrated Water Sensitive Urban Design."

The report adds that these elements are intended to create "a permeable, pedestrian-focused ground plane that enhances walkability, supports urban cooling and reinforces the emerging Green Street character."

Biophilic and passive design principles extend through the residential levels, with planting, daylight, natural ventilation and views towards landscaped areas forming part of the amenity strategy.

Parking would be concentrated away from the public realm, with 145 car spaces proposed from the rear laneway rather than dominating the Centre Road frontage.

The proposal follows an extensive pre-application process with the City of Monash. Three formal meetings were held between the project team and Council from December 2025 to March 2026, with the scheme evolving through several concept iterations before the current design was lodged.

The project arrives as Clayton prepares for substantial change around its established activity centre and the wider Suburban Rail Loop precinct. Its position on Centre Road places the development within an existing concentration of shops, services and public transport, while the Green Street connection is intended to strengthen pedestrian access towards Clayton Railway Station.

First look: Norus plans landscape-led apartment project for Clayton’s emerging Green Street

<a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> has officially commenced construction on Bronze on Chevron, celebrating the sod turning of its first-ever Gold Coast development and marking a significant milestone in the company's continued expansion across South East Queensland.&nbsp;

Following the successful delivery of premium residential developments throughout Brisbane and the Sunshine Coast, <a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-chevron-island-qld-4217">Bronze on Chevron</a> represents Gardner Vaughan Group's entry into the Gold Coast market. Bronze will deliver 119 one, two, three and four-bedroom apartments above two ground-level retail tenancies.

[smartcode_project:default project_id=107520 project_image_fid=367193]

The recent sod turning ceremony was attended by Deputy Mayor Mark Hammel, President of the Surfers Paradise Surf Life Saving Club, Cassandra Sedgman, project consultants, purchasers, project partners and invited guests to celebrate the commencement of construction.&nbsp;

Gardner Vaughan Group Chief Executive Officer Simon Betteridge said Bronze on Chevron represented an exciting new chapter for the business.&nbsp;

"We've spent almost four decades building homes that respond to the way people want to live, and we're excited to bring that experience to <a href="https://www.apartments.com.au/developments/chevron-island-qld-4217">Chevron Island</a>," Betteridge said.

"Bronze on Chevron is particularly significant because it marks Gardner Vaughan Group's first development on the Gold Coast following many successful projects across Brisbane and the Sunshine Coast."

[smartcode_project:default project_id=107520 project_image_fid=367183]

Betteridge said the ground breaking is a proud moment for the&nbsp;team and their purchasers, who can now see their future homes beginning to take shape.&nbsp;

"As both developer and builder, we're able to oversee every aspect of the project from design through to construction, ensuring the quality and attention to detail Gardner Vaughan Group has become renowned for."&nbsp;

Designed by acclaimed architectural practice <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, Bronze on Chevron has been thoughtfully designed to complement Chevron Island's evolving streetscape while embracing its relaxed coastal lifestyle.

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029.&nbsp;

[smartcode_project_cta:default project_id=107520]

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029

Gardner Vaughan Group breaks ground on first Gold Coast development, Bronze on Chevron

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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Developer Sunland Group has purchased a 4.7 hectare urban renewal site at Palm Beach on the Gold Coast for $18.4 million.
Sunland managing director Sahba Abedian said it would start on medium rise construction in early 2015 at the Palm Beach Mobile and Tourist Park on the Gold Coast Highway.
The Palm Beach development will comprise 162 luxury apartments in buildings under nine stories and 86 town homes.
Mostly targeting owner-occupiers, the town homes will be priced from around $600,000 and the apartments from around $500,000. 
It was sold by the Pryke family for the past four decades since costing $300,000 in 1973. 
It will close in August following the sale through Darrell Irwin of Colliers International.
The Palm Beach project follows a strong sales by Sunland at its latest medium-rise Gold Coast project, the Marina Residences at Royal Pines.
Sunland, developer of the Q1 superpower, had its last foray in the southern Gold Coast at The Parc residential community adjacent to John Flynn hospital, which was completed about four years ago.
The Palm Beach project brings to about $1 billion the value of new development projects planned by Sunland for the Gold Coast, including a major $350 million redevelopment planned for Mariners Cove at the Southport Spit that has yet to be revealed.
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jchancellor-FAypfDUnLy

Palm Beach, Gold Coast mobile home site sells to rejuvenated Sunland

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If you’re a property owner in Cairns, then you must be prepared for the G20 Finance Ministers Meeting next month, according to Archers Body Corporate Management’s North Queensland regional manager Stephen McCulloch.
This is particularly the case for those in the CBD, usually unit owners, who will be facing increased security, traffic and some restrictions.
However, McCulloch said that Cairns residents will not face quite as many inconveniences as Brisbane from their G20 meeting.
“While the impact on the city will be minimal for the Finance Ministers’ Meeting compared to the G20 Leaders Summit in Brisbane, we are encouraging all residents to just be prepared and keep in mind that it won’t be a typical weekend,” he said.
“Now is the perfect opportunity for all residential complexes, especially those around the CBD and Cairns Convention Centre, to review security, Work Health and Safety and emergency procedures to ensure everything is up-to-date.”
Here are their four tips for residents in the lead up to the meeting:
<ol>
<li>Take this opportunity to review complex policies including security, insurance, Work Health and Safety and emergency procedures to ensure everything is current in the unlikely event of an emergency.</li>
<li>Plan travel carefully for the duration of the conference – traffic will be heavy around the Cairns Convention Centre and there will be some restrictions so keep in mind that there may be some non-typical delays to your travel.</li>
<li>Monitor parking at your complex – if you don’t have a controlled or secure car park it’s a good idea to consider hiring a security or parking officer to keep across parking issues that might arise from the influx of traffic such as unauthorised use of your parking areas.</li>
<li>Be aware but not alarmed – visible security will be tighter in the city and around the conference vicinity. Police presence is expected to triple for the event as an extra 700 police officers move into the city so residents shouldn’t be concerned if they see extra police and security around.</li>
</ol>
Source: Archers Body Corporate Management.
Picture public domain.
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jduke-EHk3XBmHkn

Four tips to help Cairns property owners prepare for G20

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The Real Estate Institute of Queensland believe that Brisbane is preparing for its first consecutive sales increase in more than two decades for the June quarter.
Unusually robust winter sales are a sign the market is gathering momentum, explained REIQ acting CEO Antonia Mercorella.
<img src="/images/2014/07/28/graph%20july%2028%20one.jpg" alt="">
“Brisbane is set to record its first consecutive increase in June quarter sales since 1991-92,” said Mercorella.
“Traditionally this is one of Brisbane’s quieter selling periods but there has been a reversal of that trend over the last two years, as buyers grow more confident.”
She said that in fact demand is so strong that a shortage of stock is being reported across Brisbane. Sales growth of almost 10% was recorded  in the June 2013 quarter.
“Sales statistics haven’t been finalised for the current June quarter, but they are looking very encouraging,” she said.
Price growth is also being seen in Brisbane, with RP Data recording them as up 6.8% on 2013.
“Despite this growth, Brisbane still has a very significant affordability edge over Sydney, Melbourne and Perth where median prices remain much higher,” she said.
“With interest rates still at record lows, the outlook for Brisbane real estate is very positive and buyers can expect the market to continue performing strongly.”
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Brisbane on track to record consecutive quarter sales increase for first time in over 20 years

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Brisbane's median house price increased by 6.9% in the year to June 2014, according to new data from Australian Property Monitors.
On a quarterly basis, Brisbane's median house price rose by 1.5% - the eighth consecutive quarter of price growth for the city. The city exhibited the third highest quarterly and yearly rate of growth of any capital cities (behind Melbourne and Sydney).
The median house price of $477,352 is a record high for Brisbane, eclipsing its June 2010 peak. However, the figure is still below the national median of $627,940. Australian Property Monitors' results show that Brisbane's house market is the third cheapest in the country, with only Hobart and Adelaide having lower median house prices of $329,186 and $462,129 respectively.
Andrew Wilson, senior economist for Australian Property Monitors and the Domain Group, said the Brisbane housing market is "gathering momentum".
"Over the June quarter, the Brisbane median house price increased by +1.5% - a similar result to the +1.8% growth recorded over the March quarter," said Wilson.
"Having finally recovered from its previous price peak recorded in June 2010, the Brisbane median house price is now at a new record level of $477,352. Brisbane house prices increased by +6.9% over the year ending June which was the highest annual result for the city in four years."
Those <a href="/news/qld/brisbane-should-you-be-looking-at-a-house-or-unit">considering a unit or house in Brisbane </a>will note that rather than increasing, Brisbane unit prices actually decreased on a yearly basis, by 0.7%. The median price of a unit in Brisbane is now $364,641. In the quarter to June, the median unit price increased by 0.8%.
<img src="/images/2014/07/24/apm-chart-july-24-one.gif" alt="">
<img src="/images/2014/07/24/apm-chart-july-24-two.gif" alt="">
Source: Australian Property Monitors
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jrichardson-uRX5hFdKfN

Brisbane house prices reach record high: APM

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All eyes are on Brisbane at the moment.
Many commentators are tipping price growth for the city, which some say is at an <a href="/expert-insights/terry-ryders-20-reasons-the-countrys-property-boom-isnt-over">earlier stage in its price cycle</a> than Sydney or Melbourne.
According to RP Data-Rismark's Home Value Index, Brisbane has seen a 7% increase in dwelling values in the 12 months to June, with a median dwelling price of $455,000. Brisbane's median price sits below Sydney's, Melbourne's, Perth's, Darwin's and Canberra's, and the city has exhibited much more price growth in the past year than the slightly cheaper Adelaide, where dwelling values increased only 2.9%
But if you're considering a Brisbane purchase, should you be looking at a house or unit? Property Observer breaks down the data.
Houses
The median price for a house in Brisbane and the Gold Coast was $480,000 for the quarter to June, according to RP Data. If you're looking for a property around that price, you might see something like <a href="https://www.realestate.com.au/property-house-qld-the+gap-116695639" target="_blank">1256 Waterworks Road in The Gap</a>, pictured below.
<img src="/images/2014/07/24/brisbane%20house.jpg" alt="">
About 20 minutes from the Brisbane CBD, the 1970s weatherboard three bedder sits on a 683 square metre block. It sold for $490,000 earlier this month.
If you are intending to rent out your Brisbane house, you can expect to see 4.5% yields. For houses, Brisbane offers the third best gross rental yields of all the capital city markets, behind Darwin and Hobart.
Asking rents for Brisbane houses have increased by 1.4% in the past 12 months, according to SQM Research's Weekly Rents Index, to $443.70 per week. For a three bedroom house, you can expect to attract around $419.90 per week. Houses have seen a 4.5% increase in asking rents in the past three years (5.1% for three bedroom houses) Brisbane currently sees a 2.4% vacancy rate for all homes. Houses in Brisbane increased in value by 7.2% in the last 12 months, according to RP Data.
For our take on Brisbane units, see the next page.
<hr class="system-pagebreak">
Units
While Brisbane house prices have increased by 7.2% in the last year, Brisbane's units have seen slightly more modest growth in the same time. Units in the city have increased 5.4% in price on a year-on-year basis, and now have a median price of $385,000.
For that price, you might see a unit like this <a href="https://www.realestate.com.au/property-apartment-qld-enoggera-117011319" target="_blank">two bedroom apartment in Enoggera</a>, about 15 minutes from the Brisbane CBD.
<img src="/images/2014/07/24/brisunit.jpg" alt=""> It sold for $390,000 in early June. For a two bedroom unit in Brisbane, you can expect $352.40 per week in rent. The median weekly asking rent for all units in the city is $366.70. Unit asking rents have actually decreased slightly on yearly basis, down 0.1%. But three-year asking rent growth was higher for units than houses in the city, with a 4.6% increase against a 4.5% increase. You're likely to see more rent per dollar spent on purchase with a unit than you will with a house in Brisbane. Units in the city yield 5.4% according to RP Data, above 4.5% from houses. Brisbane's units offer the second highest yields of any capital city, with only Darwin units on top. House or unit? Houses have shown stronger price growth than Brisbane units in the past year, but units currently offer better rental yields.
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Brisbane: Should you be looking at a house or unit?

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Though eclipsed in confidence by New South Wales, the Queensland property industry remains positive about the next financial year, according to the Property Council/ANZ Property Industry Confidence Survey.
In a national poll of 2,300 property and construction professionals, the Property Council and ANZ found that Queenslanders had a bullish perspective this quarter, with confidence measuring above the national average.
Chris Mountford, Queensland deputy executive director of the Property Council of Australia, says Queensland's outlook has remained stable, despite "a turbulent period of state and federal budget announcements".
“This quarter Queensland sentiment rose one point, up to 136 on the scale – five points above the national index,” says Mountford.
“Queensland’s bullish outlook is second only to New South Wales which continues its run as the most positive state in the country.
“There is a sense of optimism about the financial year ahead with respondents upbeat about the state’s economic growth prospects for the next 12 months."
He says the state's confidence levels parallel state budget forecasts.
“The industry is anticipating positive increases in capital values across the residential, retail, industrial, hotel and retirement property sectors.  
“This aligns with the Queensland State Budget projections which rely heavily on the property industry to support a predicted 3 per cent growth over the next 12 months.
“This is further evidence that a healthy property industry is the foundation of a strong Queensland economy," he explains.
ANZ Senior Property Analyst, David Cannington, says some sections of the state's economy have shown promise, despite a downturn due to the decline of the mining sector.
“In particular, improved global economic conditions and a lower AUD have provided a boost to Queensland’s tourism industry, with international tourism arrivals increasing in recent months," says Cannington.
"Housing market conditions have also broadly improved, although remain divergent across the state, with upbeat conditions in Brisbane and south east Queensland, while regions exposed to the mining and resources sectors are underperforming.
“The outlook for Queensland’s commercial property sectors also reflects divergent conditions across industries, with the secondary office sector in particular weighed down by weak office employment and elevated vacancy rates," Cannington says.
"In contrast, the outlook for employment and capital growth in the retail, hospitality and health sectors are more buoyant.”
Mountford also singles out the office sector as a source of concern.
“The only segment that remains in negative territory is the office sector due to a unique and challenging blend of issues confronting the Brisbane CBD and Fringe office markets," says Mountford.
“Tackling these challenges will require a collective focus from industry and government in the coming months to ensure growth and prosperity in Brisbane’s CBD," he explains.
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Queensland's property industry the country's second most confident: PCA/ANZ

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Gladstone has entered a downturn.
<a href="https://matusikmissive.com.au/wp-content/uploads/2014/06/Image.png"><img class="alignnone size-full wp-image-7346" src="https://matusikmissive.com.au/wp-content/uploads/2014/06/Image.png" alt="Image"></a>
Yesterday
The market peaked in 2012, with values, rents and new supply overshooting the local area’s property fundamentals.
Much of this overshoot was influenced by the need for workers for the construction of gas and coal-related infrastructure.
Also the area, about five years ago, was undersupplied with new stock. Exaggerated rents were being paid by energy and construction workers. Many were desperate to find accommodation, often at almost any cost.
This mismatch between supply and demand, in concert with the lacklustre outlook for the markets in South East Queensland post 2008, saw investment sellers oversell Gladstone’s potential.
New supply increased and future investment returns detached from reality.  A real estate bubble formed and a much needed correction has now taken place.  A rapid fall in weekly rents, and in many cases, prices and sales, has occurred over the last 12 months.
Many property commentators and investors – as a result – have written Gladstone off.
Today
That is premature, and shows a distinct misunderstanding of how a property cycle, especially in a regional city, works.
At today’s prices, the city has the potential for price growth in the short-to-medium term.  However, we believe that this is unlikely to happen over the next 12 to 24 months, given the current misconception of the Gladstone market and the area’s current oversupply.
Yet, now is a great time to buy investment property in Gladstone.
Prices are negotiable, rents are at the bottom of their cycle and sales volumes are likely to increase in coming years.  In addition, there is a lot of stock from which to choose.  Counter-cyclical investors, with the mindset to hold for a full cycle or more, should seriously look at Gladstone.
Tomorrow
<a href="https://matusikmissive.com.au/wp-content/uploads/2014/06/Gladstone-Page-12.jpg"><img class="alignnone size-full wp-image-7349" src="https://matusikmissive.com.au/wp-content/uploads/2014/06/Gladstone-Page-12.jpg" alt="Gladstone Page 12"></a>
Our mid-to-long term outlook for Gladstone is very positive – a rising Matusik Property Pulse™; strong population growth; high and growing underlying demand and the need for more rental property.
Job creation – despite what is reported – is improving and the area has a much lower unemployment rate when compared to the Queensland average.
Gladstone has a young demographic profile – this will drive the need for affordable homes and more attached property.
What to buy
Investors, for mine, need to buy close to the Gladstone CBD.  They are better off buying attached product or small-lot homes in prime locations.  In most cases, limit expenditure to $400,000 for second-hand stock and under $500,000 for a new property or off-plan purchase.
Up to $600,000 for high quality, furnished, downtown property is also worth considering.
Furnished apartments – again in the CBD – are likely to find a tenant more quickly than unfurnished product.
Final word
Price and rental growth will return to Gladstone, but this is likely to take some time.  Also, when it returns, the growth tangent is likely to be much less than what the region experienced between 2009 and 2012.
A 5% per annum growth rate is more realistic and sustainable.
Visit Michael's <a href="https://www.matusik.com.au/" target="_blank">website</a>, read <a href="https://www.matusikmissive.com.au/" target="_blank" rel="nofollow">his blog</a>, follow him on <a href="https://www.facebook.com/ThinkMatusik?fref=ts" target="_blank" rel="nofollow">Facebook</a> and <a href="https://www.twitter.com/michaelmatusik" target="_blank" rel="nofollow">Twitter</a>, or connect via <a href="https://www.linkedin.com/in/michaelmatusik" rel="nofollow">LinkedIn</a>.
<a href="https://matusik.com.au/products/gladstone-market-outlook-report/" target="_blank">Go here</a> for the full Matusik Market Outlook Report on Gladstone.
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michaelmatusik-49YzLvdmNv

Gladstone in a downturn, but positive medium outlook means it could be a great opportunity for investors

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Queensland’s regional areas have seen the launch of the RegionsQ Framework this morning, with Deputy Premier and Minister for State Development, Infrastructure and Planning Jeff Seeney, saying he recognises the importance of the regions.
This plan’s framework has identified nine initial projects of regional significance that will provide a boost to their areas and much needed services.
These projects are:
<ol>
<li>North West Minerals Province</li>
<li>Galilee Basin Development</li>
<li>Gulf Rivers Agricultural Zone</li>
<li>Burdekin Catchment Development</li>
<li>Charlton-Wellcamp Precinct near Toowoomba</li>
<li>Cairns Airport Aviation and Commercial Precinct</li>
<li>Charlton-Wellcamp Precinct near Toowoomba</li>
<li>Springfield Health Precinct</li>
<li>Sunshine Coast University Hospital/ Kawana Health Precinct.</li>
</ol>
“Our government recognises that Queensland’s regions are the economic powerhouse of the state, with more than $140 billion worth of output produced outside Brisbane in 2010-11,” Seeney said.
“Since we were elected in 2012, our government has restored respect for the important role that regional Queenslanders plan in driving our state’s economy.”
They have six priority action areas for the regional areas, including planning for development, infrastructure services, capitalising on economic drivers and attracting/retaining people.
“We promised to support growth in the four pillars of the economy – tourism, resources, agriculture and construction and we are delivering on that promise,” Seeney said.
“We’ve simplified complex planning regulations, boosted investment in infrastructure, and untangled the red tape that had been strangling industry, business and landholders.”
The framework is based on the Governing for Growth Economic Strategy and Action Plan and looks to achieve the goals from The Queensland Plan.
11 forums will be held around Queensland’s regional areas over the next few months to seek feedback on the priorities. 
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The nine projects at the centre of Queensland’s regional framework

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Units in Brisbane and the Gold Coast sold for a median price of $370,000 in the three months to June, according to RP Data-Rismark.
Brisbane and the Gold Coast have the cheapest median unit price on the eastern seaboard and are behind Perth, which has a median unit price of $440,000. For the month, Brisbane and Gold Coast unit values were up 1.6%.
Property Observer looks at recent sales to see just what a $370,000 unit looks like in Brisbane and the Gold Coast.
<ol>
<li>
<a href="https://www.realestate.com.au/property-apartment-qld-hope+island-116215299" target="_blank">8418 Magnolia Drive East, Hope Island</a>
<img src="/images/2014/07/07/brisbane_0004_bris%20july%207%20one.jpg.jpg" alt="">   This two bedroom unit sold for $375,000 late last month. Overlooking the <a href="/news">Hope Island</a> Golf Club and Lake Lugano, the unit is “a short buggy ride” to the nearby Marina shopping village. The apartment has two bathrooms, an open plan living area, two basement car spaces and 24 hour manned security. It was advertised as “FIRB [Foreign Investment Review Board] approved to buy for non-Australian residents”.
Price: $375,000
Bedrooms: Two
Drive to CBD (Gold Coast): 31 minutes
</li>
<li>
<a href="https://www.realestate.com.au/property-unit-qld-palm+beach-114501115" target="_blank">4/75 Jefferson Lane. Palm Beach</a>
 <img src="/images/2014/07/07/2.jpg" alt="">
A <a href="/news">Palm Beach</a> apartment, metres away from the beach, sold for $368,000. The tiled living area and each of the apartment’s two bedrooms have ocean views. The apartment also has one garage space, a separate workshop and a balcony overlooking the beach.
Price: $368,000
Bedrooms: Two
Drive to CBD (Gold Coast): 25 minutes
</li>
<li>
<a href="https://www.realestate.com.au/property-unit-qld-annerley-117083903" target="_blank">4/20 Sarah St, Annerley</a>
 <img src="/images/2014/07/07/3.jpg" alt="">
Sold in late May, this <a href="/news">Annerley</a> apartment secured $365,000. The unit has two bedrooms and one bathrooms, with views from Toohey Forest to Mount Cootha. The newly renovated top floor apartment has open plan living areas and an updated kitchen. The single car garage also includes an internal laundry and storage space.
Price: $365,000
Bedrooms: Two
Drive to CBD (Brisbane): Nine minutes
</li>
<li>
<a href="https://www.realestate.com.au/property-unit-qld-toowong-116920647" target="_blank">7/31 Bayliss Street, Toowong</a>
 <img src="/images/2014/07/07/brisbane_0001_bris%20july%207%20four.jpg.jpg" alt="">
This apartment in a brick block of 12 sold for $364,500 last month. The unit is located in <a href="/news">Toowong</a>, five kilometres west of the Brisbane CBD. Tiled throughout, the upper-floor, newly renovated apartment has two bedrooms, an air conditioned lounge and an updated bathroom. The vendors purchased the home ten years ago, for $210,000.
Price: $364,500
Bedrooms: Two
Drive to CBD (Brisbane): 10 minutes
</li>
<li>
<a href="https://www.realestate.com.au/property-apartment-qld-brisbane+city-116361711" target="_blank">128 Charlotte St, Brisbane City</a>
 <img src="/images/2014/07/07/5.jpg" alt="">
This one bedroom apartment with river views is situated right in the <a href="/news">Brisbane</a> CBD in Charlotte Towers. Located one block from the Queen Street Mall, the building has a gym, heated lap pool, outdoor plunge pool sauna and barbecue areas. The buyer can expect to pay $4,300 per year in body corporate fees and $1,900 a year in council rates and urban utilities costs.
Price: $365,000
Bedrooms: One
Located in CBD.
</li>
</ol>
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What can you buy for Brisbane and the Gold Coast’s median unit price?

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“How much should I be paying?” It’s a common question that investors are right to ask about every aspect of real estate.

For Queensland investors looking to rent out their property, it’s all about the agent’s fee. Property Observer has looked to Fair Trading Queensland to determine what fees your agent should be charging you. This is for both residential and holiday lettings, and agents fees can be a number of charges including commission on rent and a letting commission.

Letting commission, or that once-only cost you pay at the start of each tenancy agreement, is for the agents costs of advertising the property and setting up the new tenancy. 
Of the rent your tenant pays, your property manager takes their portion and provides the rest to you.

In this case, Fair Trading notes that it’s the length of the tenancy that determines the cost. We note that the figures cited by Fair Trading are the maximum allowed commissions in all instances, and not necessarily the industry norms.

[smartcode_project:default project_id=27575]

For tenancies two weeks or shorter, the maximum is 50% of one week’s rent.

For more than two weeks to three weeks it is 75% of one week’s rent.

For more than three weeks to one year it totals one week’s rent.

For one to five years, the fee is 5% of one year’s rent. And for more than five years, it’s 7.5% of the average annual rent.

For commission on rent, this depends on whether they have charged you a letting commission.

If so, then it will be 5% of the rent for the first year, and 7.5% from then on. If not, then it will be 7.5%.

[smartcode_project:default project_id=26730]

Other charges may be seen for repairs or replacements at the property if they are required to supervise. This has to be agreed to in writing.

Finally, Fair Trading notes that for holiday letting the maximum for three months or more is 9% of the total rent, and for less than three months it comes to 12%.

They also note that some agents do not charge a letting commission on holiday rentals, which makes sense considering how many holiday rentals utilise online listings sites to find clients.
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