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?

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A North Queensland members of Parliament insurance action plan discussion has revealed that the system into insurance premiums and insuring properties in the area is set to undergo rigorous changes.
Cairns Member, Gavin King said that rising insurance premiums are a significant problem for the future development of North Queensland.
“The insurance premium crisis has reached a level that some homeowners are no longer taking out insurance on their properties because they cannot afford the dramatic rise in premiums,” King said. The insurance action plan calls for several proposals to look at the issue.
Proposals under the action plan includes the need for greater awareness and education for consumers, a call for the federal government to consider expansing the Australian Reinsurance Pool Corporation to segments of the market facing acute pricing issues, a central online database to assist insurers provide more accurate calculations, greater transparency and a call to review risk assessment methodologies used by insurers.
"Currently, insurance companies use post codes rather than individual property information to determine insurance premiums. The lack of a sophisticated system means that properties face premiums in-excess of the actual peril/risk of damage," the action plan reads.
It notes that in the same way insurers current take into account the detailed data on home security when calculating premiums (down to deadlocks and security screens), the same should occur for the resilience of individual properties to natural disasters.
"Once insurers install more sophisticated systems it is anticipated that consumers will be able to provide more detail, data and information about their properties to insurers so that their premiums can be priced fairly," it notes.
Calling for a review into risk assessment methodologies used by insurance companies they noted that the focus should be on strata insurance premium calculations and the driver behind increases. Three potential reasons included:
- A failure to consider changes in building codes
- The costs of reinsurance, historically inaccurate or inadequate assessment and pricing of risk
- The result of market forces, including heavy discounting.
A more rigorous analysis is expected.
<a target="_blank" href="mailto:jduke@propertyobserver.com.au">jduke@propertyobserver.com.au</a>
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Queensland targets homeowners put off insurance by premium rises

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A split-level house in Queensland's Normal Park is set to go to auction this month, and it brings along a heritage story.
The <a target="_blank" href="https://www.realestate.com.au/property-house-qld-norman+park-115373963">10 Power Street</a> home was built in 1904 by the historic Galloway family.
We're told that the historical events and details of this time are not extensively documented, however the Galloway family bought the land in the late-1800s from a Courier Mail advertisement at the time, noting it as "prime agricultural land admirably adapted for sufar or cotton growers, market gardeners, dairymen and general farmers."
John James "JJ" Galloway was a progressive dairyman in the area. Galloway's Hill is named after JJ Galloway.
The five-bedroom, four-bathroom house will be auctioned at 6.30pm on December 12 in East Brisbane having been on the market for two weeks.
Marketing the property for sale is Place's Matthew Hackett who said that colonial-style homes are hard to find.
“The house has been renovated many times over the years, with a full renovation last taking place around 15 years ago, and the most recent update taking place in 2012, but the original components of the house have been retained," he said.
“This property has all the normal features of turn of the century Queensland houses, including tongue and groove walls, wide polished timber floors, French doors and a wide front verandah.”
The 810 square metre property also includes a four-car garage, an oversized pool deck, an in-ground pool and a poolside entertainment room.
The Ascot-Neiman Brafords family history website notes that it was in 1850 when Cornelius 'Con' Galloway moved from Scotland to Sydney, and worked as a journalist for the Sydney Herald. He later chased gold throughout Australia and into New Guinea. He moved to Brisbane, Ipswich, Hympie and Roma and commenced and was part of the newspapers in those localities.
His son was JJ Galloway who became a timber man and blacksmith in the area.
RP Data notes the last sale as the 15 September 2007 for $1,825,000, having previously transacted in August 1997 for $450,000. Previous to that, in March 1987, the property sold for $180,000.
<a target="_blank" href="mailto:jduke@propertyobserver.com.au">jduke@propertyobserver.com.au</a>
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Historic Norman Park colonial house to be auctioned mid-December

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Although Brisbane and Gold Coast are two very different markets, they are both moving in the same direction – and that is upwards.
Colliers International’s research and forecast report for the second half of 2013 says sales rates are improving and general sentiment is positive. The new apartment market is definitely picking up the pace.
Lynda Campbell, manager research, says key factors all bode well for investors and owner-occupiers to take advantage of the affordable loans on offer.
She says residential vacancy rates are tightening which puts upward pressure on rents, interest rates are at their lowest level in decades, dwelling approvals are rising and the population is increasing.
And, the latest figures from the Australian Bureau of Statistics show housing finance for owner occupation and investment purposes are trending upwards.
‘’While the Gold Coast is just lifting off the bottom of the property cycle, Brisbane is well on its way with elevated sales rates throughout the year resulting in total sales for the 12 months to the end of September of 2,300,’’ Campbell said.
‘’Total sales on the Gold Coast for the same period are just over 700. Both markets are tracking above five-year-average figures, with Brisbane significantly above and Gold Coast just starting to gain traction.’’
Campbell said new projects recently launched in Brisbane are achieving strong sales rates while, on the Gold Coast, new projects are scarce. Going into 2014 this should change for the Gold Coast with several projects expected to be launched late this year and early 2014.
‘’Both Brisbane and the Gold Coast have a strong pipeline of future supply. With sentiment improving and key indicators positive, developers will start to move forward with projects that may have been on the back burner for several years,’’ she said.
‘’At the same time, projects which have been on the market for a number of years are starting to see an increase in sales rates and stock is being taken up at a faster rate than over the last few years.’’
Major infrastructure projects under way in both Brisbane and the Gold Coast will have a positive impact on residential markets. ‘’On the Gold Coast the $1.8 billion light rail project will create a corridor of transit oriented developments through the suburbs of Southport, Surfers Paradise and Broadbeach,’’ Campbell said.
‘’In Brisbane, the newly proposed underground rail and bus network, to cost $5 billion, will deliver a double-decked tunnel connecting Dutton Park in the south and Victoria Park in the north. These projects will see connectivity around both cities improve.’’
<a target="_blank" href="https://mce_host/staylor@propertyobserver.com.au"> staylor@propertyobserver.com.au</a>
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Brisbane and Gold Coast trending upwards

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A fully leased commercial building at Maleny in the heart of the Sunshine Coast hinterland is set to go under the auctioneer's hammer next month. 
The recently refurbished property, at 4/45 Maple Street, is 189 square metres and has two established 94.5 square metre tenancies on one title. The tenants are Maleny Optical and the South Indian Continental Restaurant.
The property is being marketed by Peter Capps of Ray White Commercial Caloundra.
{qtube vid:=dHocA5e60i0}
“Both the tenants are on long term leases, making this an opportunity to secure an investment property in a tightly held hinterland town,” said Mr Capps. 
“This is an attractive proposition for a self-managed superannuation fund or an addition to an existing investment portfolio".
The auction is being held on 5 December.
<a href="mailto:news@propertyobserver.com.au">news@propertyobserver.com.au</a>
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Sunshine Coast hinterland commercial property to go under the hammer next month

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A NSW investor has paid $1.125 million for a freehold commercial property at Noosaville on the Sunshine Coast.
The property offers two separate buildings, at 33 and 33a Rene Street, and is leased to established tenant - Bissell’s Paint &amp; Panel - which has traded out of the site for more than 20 years. The current lease doesn't expire until July, 2016.

The sale reflected a yield of about 9.9%.
John Petralia and Paul Forrest of Ray White Commercial Noosa negotiated the sale.

Mr Petralia said the property offers two separate buildings totalling about 934 square metres, on two titles with an area of 2110 square metres. 


“On one of the sites is a large open plan steel warehouse used for the main panel beating work and the other site houses modern rendered block offices with an area behind used for spray painting, storage and other associated work,” he said.


<a target="_blank" href="mailto:news@propertyobserver.com.au">news@propertyobserver.com.au</a>
 

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Noosaville freehold commercial property sells to NSW private investor

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The Queensland residential house market is on the move with sales growing and prices firming in many areas, according to the Real Estate Institute of Queensland.
Further evidence of recovery is in reduced vendor discounts in most regions and the rapidly falling days-on-market. For example, in Brisbane, the average vendor discount has fallen over the past year from 7.9% to 6.5%. Likewise, days-on-market has reduced from 90 days to 78.
The REIQ September Quarter Median House Price Report, released yesterday, found that preliminary numbers of house sales across the state grew by 9% over the September quarter. Quarterly sales growth was recorded across south-east Queensland as well as in far north Queensland.
However, the run of good times for mining districts appears to be slowing with quarterly sales volumes falling in Central Queensland and associated regions over the past year.
REIQ CEO Anton Kardash said that, as the Queensland market had been posting promising results for the past year, there was now no doubt that most of the market was well into a growth phase.
“REIQ accredited agents had been waiting a long time – nearly five years in some areas – to finally experience some good times again,” he said.
“Unfortunately, the Queensland market has never been consistent across the board. We often experience phases of recovery and growth in some regions, while others simultaneously experience patches of more stable activity.
“Of course, our mining districts were performing exceptionally while the majority of the state was in the doldrums not so long ago. It’s good to see that we all still get a turn at the good times at some point.”
But Kardash said that, unlike Sydney and Melbourne, which appeared to be experiencing levels of relatively unsustainable price growth, the Queensland market was taking a more measured approach.
“The majority of our regions experienced mostly unchanged median prices over the September quarter, although over the year we are starting to see some healthy median increases,” he said.
“It’s also important to remember that house prices in Queensland still remain slightly below their most recent peak, so we are not talking about significant gains taking place over short timeframes.
“Given the price increases in the southern states, there is no doubt that Queensland remains one of the most affordable places to buy or invest in property. With this in mind, we are likely to see an increase in interstate investors and migrants taking advantage of these excellent opportunities.”
Over the quarter there was an increase in sales for under $350,000 across the state – potentially to investors – which has temporarily impacted some median house prices.
According to the report, the median house price in Brisbane rose 0.6% to $530,000 over the quarter. Over the year ending September, Brisbane’s median house price rose 3.4%. The preliminary numbers of house sales in Brisbane rose 13% over the quarter and were up 18% over the year.
The median house price on the Gold Coast dipped by 0.6% over the quarter but increased 4.8% over the year. Likewise, on the Sunshine Coast, the median house price fell 1.3% over the quarter but grew 2.3% over the year. Both regions had more house sales – up 12% and 10% respectively over the quarter.
The Cairns property market continued its recovery over the September quarter with the numbers of house sales increasing 10%. Over the year, sales numbers rose by 7%. Median house prices dipped 1.8% over the quarter but rose 1.1% over the year.
The Gladstone, Mackay and Townsville markets had fewer house sales over the year ending September. But Mackay posted a 5% increase in activity over the quarter, as well as a steady rise in medians.
The heat in the Gladstone market continues to dissipate with its median house price dropping 8.5% in the quarter to $437,000. More affordable house prices, however, are likely to attract buyers back into the market in 2014.
<a href="mailto:staylor@propertyobserver.com.au" target="_blank">staylor@propertyobserver.com.au</a>
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Queensland residential market back into growth phase: REIQ

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Heather Filippini from the Gold Coast has been fined $9,000 by the Southport Magistrates Court this month after being found guilty of conducting negotiations around buying and selling properties at Paradise Point acting as a real estate salesperson without a current certificate.
Filippini was fined $9,000 and was ordered to pay costs of $1,500, with a recorded conviction.
The Office of Fairtrading initially brought the charges against Filippini, and she had already been disqualified from holding a real estate license in 2010 after an investigation found her working unlicensed at an agency run by her daughter, Sarah Filippini.
In 2006, Heather Filippini had been disqualified for four years and fined $11,250 after obtaining a beneficial interest in property and selling without being property appointed.
In 2007, the ban was overturned. In 2008, the <a target="_blank" href="https://www.propertyobserver.com.au/https://statements.qld.gov.au/Statement/Id/57736">Court of Appeal upheld</a> the original disqualification.
In 2009, she was given a 'life ban' by the Commercial and Consumer Tribunal (CCT).
In October 2009, Minister for Fair Trading Peter Lawlor said that Filippini is a serial offender who blatantly flaunted the law by operating unlicensed.
"Ms Filippini had previously been disqualified from holding a licence for four years after the tribunal found her guilty in 2006 on two disciplinary charges relating to beneficial interest provisions," he said.
At the time, disciplinary action was also initiated against Sarah Filippini as she employed an unlicensed person. Sarah Filippini was reprimanded and ordered to pay a $6,000 fine.
Filippini had previously been the topic of a Today Tonight investigation as well as a Courier Mail story five years before her ban.
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Previously disqualified "agent" found working without license

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The Brisbane residential property market is strengthening – especially in the sub-$1 million price bracket, according to a leading agent.  
More than $80 million worth of residential property was sold in transactions negotiated by just two of Place real estate’s offices – in the city’s east and inner north – in October, making it a record month for sales.  
And, while the ‘heat’ is in the sub-$1 million price bracket in the Brisbane residential market, the top end is experiencing its best conditions in more than three years.  
Damien Hackett, Place CEO, said this showed the city’s residential property market was ‘’firmly on the way up’’, and that the data demonstrated that the sub-$1 million price bracket was where most of activity was taking place.  
“Greater than 80% of the 97 properties sold (were) in this category, which demonstrates it is undoubtedly leading the recovery in Brisbane’s residential market,” he said.  
“Fifty-two per cent of homes sold by Place across these two offices during the month of October were priced between $600,000 and $1 million, while a further 28% were under $600,000.  
“With only 17% of the houses priced over $1 million, it is evident buyers are most active in the more affordable price brackets - which makes sense.  
“These buyers are increasingly confident in the economy and their economic circumstances – their employment is relatively secure and their salaries are stable, and this, combined with record low interest rates, is propelling them into the market.”  
In addition to the strong sales figures recorded by Place in the inner east and inner north, the real estate agency has also found that time on the market for listed properties has significantly reduced, and their auction clearance rate has also increased.  
“The number of days homes in the sub-$1 million price bracket were sitting on the market in October was 41 - far less than the average for the six-month period from January to June, which was 68,” Hackett said.  
“Meanwhile, the clearance rate for auctions between the beginning of October and now is 81%, which is very high.  
“Essentially, the strength in the market that we are witnessing in Brisbane is contrary to recent reports that suggest the recovery is only taking place in Sydney. The Brisbane market is exceptionally strong, and we expect to see it only improve from hereon in, with all the fundamentals lined up for a solid 2014.”  
Hackett said the Brisbane market was benefitting from pent up buyer demand that has been building since the city’s floods in 2011.  
“Buyers were extremely cautious after that, and sellers were also reluctant to put their properties up for sale, fearing they would be sold under value, so, across the board, activity was subdued,” he said.  
“That period of uncertainty is now behind us. We have been seeing a gradual improvement in the market since it bottomed in 2011, but now it is clear that it has well and truly turned a corner.  
“In line with the rise in activity in the sub-$1 million sector, we are actually seeing values begin to rise again, which is extremely positive.”  
Recent sales in the sub-$1 million price bracket reflecting the recovery in the market include:
<ul>
<li>
A 3-bedroom, 2-bathroom house in Cannon Hill – The comparable sales for this property were between $470,000 and $499,000 and it sold within the first four days of being on the market for $550,000.
</li>
<li>
A 2-bathroom, 1-bedroom cottage in Petrie Terrace – Two years ago it failed to sell for $540,000 yet recently it sold for $590,000 within the first week of being listed.
</li>
<li>
A 3-bedroom, 1-bathroom house in East Brisbane – This property was bought for $620,000 last year and, after some minor improvements, it sold for $730,000 this year in a very short time frame.
</li>
</ul>
Hackett said that while the ‘heat’ was in the sub-$1 million price bracket in the Brisbane residential market, the top end was currently experiencing its best conditions in more than three years.  
“There is activity in the $1 million-plus price bracket and stock is turning over – we have seen a number of sales even in the $4 million-$6 million dollar range,” he said.  
“But, despite the rise in activity in this sector, so far we have seen limited growth in values for top-end properties. The market is starting to move in this regard, but greater price growth will come in time when the global economy – including in Australia and elsewhere - is more stable.”
     
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Brisbane residential market kicking off

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Premier Campbell Newman turned the first sod on the new Toowoomba Ring Road today.
The Victoria Street extension is the final link in Toowoomba’s Outer Circulating Road system and involves the construction of a new four-lane road to connect Victoria and Russell Streets with Chalk Drive and Ruthven Street.
“Construction of a new Toowoomba ring road will better protect the CBD from floods and make it easier to get from one side of the city to the other,” Newman says.
“The Toowoomba Regional Council will receive $45 million and a further $5 million for flood mitigation works on the West Creek Railway Bridge through our Government’s landmark Royalties for the Regions program.”
It should be open to traffic by the end of 2014.
Flood mitigation measures include the construction of a three span bridge and widening of the creek channels in the area.
The Outer Circulating Road Victoria Street extension project includes
•             A new four lane sub-arterial road extending Victoria Street from Russell Street through Queensland Rail land to connect with the Chalk Drive-Ruthven Street intersection, including a major three span bridge over the West and East creeks;
•             An upgrade of the Russell-Victoria Street intersection, including an upgrade of the existing Russell Street drainage structure;
•             An upgrade of the Ruthven Street-Chalk Drive intersection and an upgrade of West Creek channel; and
•             Widened shoulders for cyclists, and a separate footpath for pedestrians on the new section.
 
<a target="_blank" href="mailto:awalsh@propertyobserver.com.au">awalsh@propertyobserver.com.au</a>
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Toowoomba ring road construction starts

<html><body>Australian Property Monitors (APM) has released a list of auction results in Brisbane for the weekend of November 23. <a target="_blank" rel="nofollow" href="https://www.homepriceguide.com.au/saturday_auction_results/Brisbane.pdf" style="font-size: 14px;">Click here</a> for the auction results, and click on each street address to see the property's marketing.</body></html>

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