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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"We’re in the coal business," Queensland Premier Campbell Newman famously quipped.

And now, to emphasise that point, his government is calling for tenders to explore for coal in the resource-rich Bowen Basin in central Queensland.

The minister for Natural Resources and Mines, Andrew Cripps, has announced the first ever non-cash tender for coal exploration at the Mining 2013 Convention in Brisbane.

"The seven areas of land being made available for coal exploration cover more than 1,292 square kilometres in the northern Bowen Basin," Cripps said.

"We understand that a vibrant exploration sector is critical to uncovering the mineral deposits and mines of the future, and non-cash tender processes offer the opportunity for junior explorers to make their mark."

The new framework for permits allows the government to assess and compare potential tenderers to ensure land goes to those best able to explore for potential resources.

Cripps said DNRM officers would assess applications for land based on the competitiveness of the ‘work programs’ submitted by explorers – without a requirement for cash bids.

He said the work programs would establish how and when an exploration company carries out its activities to ensure timely discovery of a prospective deposit. 

"Applicants will be assessed according to their proposed work program and the associated technical and financial capability to meet that work program."

Cripps said this tender process represented the first land release for competitive coal tendering since legislative changes allowed them to be allocated via tender as opposed to ‘over-the-counter’ applications.  

"It is crucial that the Queensland Government ensures the best stewardship of the state’s resources into the future," he said.

"Tenders of this type support the next wave of exploration discovery. They ensure that investment practices promote the long-term prosperity of Queensland and our resource industries."

Tender applications can be lodged up until Wednesday, March 5, 2014.

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First ever non-cash exploration tenders, as land released in coal rich Bowen Basin

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Mackay investors may start a class action law suit against the council for levying higher rates against property investors.
A protest group headed by investors Ayril Paton and Peter Crossan have petitioned against the council’s move to increase rates by $200 to $500 a year for investor properties.
There is reportedly more than $20,000 in a trust fund ready to bankroll a possible law suit.
“We're waiting to try and raise enough funds before we take the (Mackay) council on,” Crossan told the Central Telegraph.
“We delivered about 1200 objections to the council about a month ago and they said they couldn't change the budget for this year and it was a fair chance they wouldn't change it for the next year.
“If we're successful I'm sure it will flow onto other councils. By doing this it will probably set a precedent.”
It reports 12 councils have adopted the new rates policy, including the Central Highlands council which raised $1.2 million from the levy in one year.
Crossan says any legal challenge would be based on Xstrata's win against the former Bowen council, in which a judge ruled the miner had been rated as a multi-billion dollar entity and not on its true land value.
Mackay council have imposed the new rates system on about 10,000 properties.
Harcourts principal and property owner Mandy Hall previously told the paper it would deter people from investing in the region.
“We should be trying to encourage people to buy in our region, not discourage them," she said. "Their timing is poor, with the market the way it is at the moment and landlords are achieving less rent than they have achieved in years.”
 
Rents in <a href="/news">Mackay</a> have reportedly dropped between $50 and $100 over the past six months.
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Mackay investors gear up for council rates legal challenge

<html><body>Australian Property Monitors (APM) has released a list of auction results in Brisbane for the weekend of October 26. <a href="https://www.homepriceguide.com.au/saturday_auction_results/Brisbane.pdf" rel="nofollow" target="_blank" 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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APM's Brisbane auction results for October 26 weekend

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Queensland's Blackwater East has had a Priority Development Area's (PDA) draft plan released for public consultation today, with proposals to provide 100 hectares for new properties.
Deputy Premier and Minister for State Development, Infrastructure and Planning, Jeff Seeney, said that this particular PDA was requested by the council.
"The Blackwater East Priority Development Area was requested by council and is an exciting proposal that may see people working in Blackwater able to purchase a home close to where they work," said Seeney.
Residents, those interested in the community and local businesses are able to view the proposed development scheme and make a written submission.
The public notification period extends from today until 6 December 2013.
The PDA calls for a mix of densities, types, designs, tenures and levels of affordability of housing.
It can <a href="https://www.dsdip.qld.gov.au/infrastructure-and-planning/blackwater-east" target="_blank">be viewed online</a>, with submissions made to the <a href="https://www.dsdip.qld.gov.au/resources/plan/pda/blackwater-east-proposed-development-scheme.pdf" target="_blank">Queensland department website here</a>.
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Blackwater East draft plan released today

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Mirvac has secured three $5 million plus penthouse sales in the past month at its Waterfront Newstead development, meaning all nine penthouses have now been snapped up in the Pier release.
Three Queensland buyers bought the remaining penthouses, with two located on level five and a penthouse-style river home located on level one.
"These are unique premium apartments, in terms of design, finish and location," says John Carfi Mirvac chief executive officer of residential.
"To make three sales in excess of $5 million each in a single month is positive in any market, so given the soft conditions we've experienced in Brisbane over the past few years, it is a clear sign that we are turning a corner.
"We had been steadily making these top end sales, however we've seen a definite spike in activity for our absolute premium properties in the last 12 months,” says Carfi.
The nine penthouses in the <a href="https://www.propertyobserver.com.au/news/mirvac-secures-%24234-million-in-sales-at-waterfront-newstead-including-%2414-million-penthouse-sale/2013091164964" target="_blank">stage one Pier</a> ranged from $5.3 million to $14.25 million.
The grand penthouse sold in 2008 for over $14 million and set a record for the most expensive apartment sold off the plan in Brisbane, a title it still holds.
Mirvac has sold in excess of $217 million worth of apartments at Pier.
Located two kilometres from the Brisbane CBD in the Newstead Riverpark community, the 10.6-hectare Waterfront Newstead site will feature six residential precincts once complete, accommodating over 1,000 residents.
Construction on the first release, Pier, began in 2009 with construction starting on the second release, Park, in 2010.
Mirvac’s <a href="https://www.propertyobserver.com.au/news/mirvac-secures-%24234-million-in-sales-at-waterfront-newstead-including-%2414-million-penthouse-sale/2013091164964" target="_blank">Waterfront Newstead community</a> will take around 15 years to complete.
The residential community will be part of the larger scale Newstead Riverpark, which will feature FKP’s $1.1 billion Gasworks development.
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Mirvac secures three $5 million plus penthouse sales at Pier

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The latest Australian Property Institute Property Directions Survey has found the commercial property market in Brisbane has declined over the past 12 months and is currently at the bottom of the property cycle.  
In contrast, the Sydney and Melbourne commercial property markets saw little change in the 12 months to October.  
The six-monthly survey, by the API’s NSW branch, measures the sentiment and expectations of valuers, fund managers, property analysts and property financiers on a range of topics affecting the property industry.  
It found that, generally, commercial, industrial, retail and residential property markets in Sydney, Melbourne and Brisbane are progressing along the upswing of the property cycle and will do so over the next two years.  
Brisbane retail property is seen as having begun the upswing, and remaining at a similar stage next year and progressing further along in two year’s time. That city’s industrial and residential property sectors are also seen as having begun the upswing and advancing along it next year.  
However, 76% of respondents believe effective rentals will decline in the Brisbane CBD – a strong deviation from the previous survey in May. The Melbourne figure was 68%.  
A stronger performance is predicted over the next two year’s making industrial and residential the strongest performing of the four classes of property in Brisbane. The residential property markets are furthest along the upswing in Sydney and Melbourne.  
Tyrone Hodge, the API’s NSW president, said most respondents were confident the residential property market in the three cities would continue to surge ahead. “Respondents saw this improvement in the residential property market continuing in the next two years, while 70% believe that the changing Australian dollar will have a positive impact on foreign investment in Australian property.  
“Respondents believe commercial property markets in the three cities will improve slowly over time, but that Sydney will be the strongest performing market in the next two years,” Hodge said.  
Respondents indicated that, over the next 12 months, they expect market values for commercial properties in the Sydney CBD, Sydney suburban CBDs and Melbourne CBD to increase above CPI, but at a slower rate than predicted in the previous Australian Property Directions Survey.  
“The tough conditions are reflected in the greater incentives required and slowing market values and with rental increases at a slower pace indicated by survey respondents,” he said.  
A majority of respondents forecast at least moderate investment growth for both the Australian listed and unlisted property trusts and syndicates over the next 12 months but fewer respondents predicted strong growth than in the May survey. Overall, the expected growth for domestic trusts and syndicates to remain strong over the next 12 months.  
Most expect at least moderate investment growth in international listed and unlisted trusts and syndicates in the next 12 months.   For new leases, respondents were split on the forecast movement of effective rents over the next six months in Sydney. “56% of respondents believe that effective rents (which take incentives into account) will remain stable, while 44% of respondents believe they will decline,” Hodge said.  
All respondents saw leasing incentives as a feature of capital city rental markets.  
Across the Sydney and Melbourne CBDs and suburban CBDs, and the Brisbane CBD,
there is a trend towards increasing incentives. Most respondents reported leasing incentives of 20-29%, with leanings towards levels of more than 30% across prime, A grade and lower grade properties. Overall, respondents believe that, even while incentives grow, rents are unlikely to benefit.  
79% of respondents believe there will be moderate investment growth in both listed and unlisted domestic trusts and syndicates. Respondents indicated that they are continuing to see greater inflows from domestic institutions, while others believe that self-managed super funds will boost the supply of funds into the unlisted sector.  
As to major factors impacting the Australian economy, most respondents believe that interest rates and inflation will be similar for the next 12 months, while a large majority believe they will trend higher over the next three years.  
Many believe that the federal election result provides more certainty of government which has positively influenced business confidence. Others believe that the recovery of the share market will result in increased investment in property by superannuation funds to balance their portfolios.
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Brisbane at the bottom of the cycle: API survey

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The historic Gracemere Hotel at Gracemere in central Queensland has been slated for sale.
Constructed in 1885, the double storey building is located on the Old Capricorn Highway and is adjacent to the recently opened Gracemere Shopping World, which has Woolworths and Best &amp; Less as anchor tenants.
The hotel - about 11 kilometres from the Rockhampton CBD - is being marketed by Tony Bargwanna and Leon Alaban of Ray White Hotels Australia.
Mr Bargwanna said the hotel enjoys a reliable trade and no immediate competition in a diverse local economy.
“The hotel in the 2012-13 financial year generated turnover of approximately $7 million plus gaming revenue,” he said.
The hotel, which has had multiple refurbishments, comprises of a sports bar, a bistro and dining area accommodating around 175 patrons, a gaming lounge with 30 EGMs, PubTAB, Keno, a bottle shop, commercial kitchen, children’s playground and eight hotel guest rooms. The land area is about 2,829 square metres.
“The current owners have identified that the sports bar and beer garden would be next areas of growth for the Hotel; concept plans for future works to these areas have already been prepared, added Mr Bargwanna.
While Mr Alaban said the gaming room could easily accommodate an additional 10 electronic gaming machines, subject to approval. “For strategic purchasers, we also believe the acquisition of a vacant block of land adjacent to the hotel car park could be targeted to construct a motel or expand the bottleshop and the car park area,” he said.
Expressions of interest close on November 13.
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Central Queensland's historic Gracemere Hotel slated for sale

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A private investor has snapped up a new industrial warehouse in the northern Brisbane suburb of Banyo for $420,000.
Located just 12 kilometers north of the Brisbane CBD, the warehouse, at 5/368 Earnshaw Road, features a 5x5 metre roller shutter door and four allocated car parks.
Tim Langford of Ray White Industrial Milton sold the property.
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Private investor snaps up new industrial warehouse in Banyo, Brisbane

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There are highs and lows in any industry – especially property. No sooner do things go up than they come down.
Take the port city of Gladstone in Queensland, for instance. Elders Real Estate’s property manager, Nikki Nation, said increasing industrial activity over the past few years had caused rentals to rise sharply - but they are now dropping back sharply.
"It all depends on the property, of course, but we are now offering brand new four-bedroom houses for $50-$100 a week less than previously, with a property that was $550 now $500; a self-contained townhouse that was $850 now $550 a week."
Gladstone, with a population of around 32,000, is 550 kilometres north of Brisbane. Settled in 1853 it is the state’s largest commodity port. The local commerce is primarily industrial-based and includes large-scale alumina refineries, aluminium smelting, heavy chemicals and shale oil. And therein lies the reason for the rental declines.
An oversupply of rental properties was caused when a large dredging company’s contract ended recently and it quit the town. This resulted in the company handing back 200 properties formerly used by its fly-in-fly-out workforce, flooding the market. Elders had exposure to 75 of these properties. "Of course this has driven rents down," Nation said. "However, we are still managing to rent out 50-70 properties each month."
Resource companies – and their FIFO workers - are still moving into the district with a LNG project just getting off the ground at nearby Curtis Island, the Wiggins Island coal export terminal development and the establishment of a shale oil plant being explored. Workers at these projects will still require housing.
"The drop in rents has affected us,’’ Ms Nation said. ‘’But lots of families are coming here.’’
‘’There are still healthy returns, just probably not as high. I’m told that lots of investors are getting 6% to 8% returns.’’
Elders is renting <a target="_blank" href="https://www.realestate.com.au/property-house-qld-south+gladstone-410798767">4/12 Leonard Street South Gladstone</a> (pictured below) for $450 per week. The house has three bedrooms, two bathrooms and a double garage. The townhouse is one of seven in the complex.
{yoogallery src=[images/stories/2013/10/22/glad]}
 
Having developed into a prosperous regional centre for business and government services, Toowoomba is attractive for renters working in its broad-based economy.
The south-east Queensland city is 127 kilometres west of Brisbane in the Darling Downs with an estimated district population of 157,023. Settled in the 1840s it is Australia's second most populous inland city and the most populous non-capital inland city, <a target="_blank" href="https://www.abs.gov.au/AUSSTATS/abs@.nsf/DetailsPage/3218.02009-10?OpenDocument">according to ABS statistics</a>.
Fastrack Property Managers’ Grant Beveridge said present rental vacancy rates were only 1%-1.5% - much lower than the usual 3% - with demand for property strong all year. ‘’This is a region that lives with its own hub. So, for investors, we are not greatly affected by what happens in the rest of the country.’’
With a strong industrial base, such as mining in the Surat Basin two hours to the west, and the nearby Acland coal mine, workers are being drawn from the Toowoomba region and strengthening demand for rentals. As a further sign of confidence, the long established Wagner concrete company is planning to build a $100 million airport at nearby Charlton next year to import and export its products.
Beveridge said this was expected to provide 2000 jobs in the initial stages - and obviously boost demand for rental accommodation. The airport is expected to generate up to $318 million yearly in economic output.
"All these projects are making it good to invest in the west side of town. If you haven’t invested in Glenvale, Harristown or Kearneys Springs in the next six-to-12 months, you might be too late," Beveridge said. "Prices will skyrocket as banks free up lending."
The establishment of a $300 million shopping centre in the centre of town, and adventurous plans to combine it with two existing shopping centres - Garden Town and Grand Centre, by the end of next year, will also be a catalyst for higher rental prices.
Beveridge said renters were typically chasing four bedroom, two bathroom houses with two car spaces and paying $380-$420 per week. He said increasing prices meant landlords were achieving higher yields, often as high as 5.5%-6%.
"These properties make up 65%-70% of our stock as we are a management agency only – we don’t sell property," he said.
"Rentals depend on location and there are some good yields being achieved at Kearneys Springs and Harristown. Investors paying in the 'high two’s to low three’s' for property there were receiving $330-$340 a week in rent," he said.
Fastrack is renting <a target="_blank" href="https://www.realestate.com.au/property-house-qld-glenvale-411530219">7 Candlebark Court, Glenvale</a> (pictured below) from November 6, for $320 per week. The three bedroom brick house has one bathroom and a single car space.
<img width="470" height="248" alt="glenvale-opct-22-two" src="/images/stories/2013/10/22/glenvale-opct-22-two.jpg">
 
Rockhampton, never a boom-or-bust town, is having a 'bit of a hiccup' now as mining slows in nearby regional cities Gladstone and Mackay and reduces demand for local rentals. As a result, vacancy rates in ‘Rocky’ are the highest they’ve been for a while at 3.6%, instead of their customary 1%-1.5%.
Rebecca Trott, property department manager at Pat O’Driscoll Real Estate, said: "During the 18 months that our vacancy rate was under 1% we saw an increase in rent of around $20 per week to $40 per week. It’s now stabilised with less demand and increased vacancy rates."
But that’s now changed with a lot of people who had moved into the area over the past few years to work in the mines now moving onto green pastures. "Things are a bit different here now," she said, with people moving out – and not in – to the town, which has fewer FIFO (fly in fly out) workers than, say Gladstone, which is 100 kilometres away.
Rockhampton, settled in 1858, is 640 kilometres north of Brisbane on the Fitzroy River. It has a population of around 70,000 and is about a 30-minute drive from the coast.
All is not doom and gloom in the town which prides itself on its sunny climate. "I can certainly see it picking up because Rockhampton has a broad range of industries and usually rises steadily," Trott said.
"Construction work at the public hospital will create more employment opportunities in the near future, as well as many high-rise developments currently under construction and new estates being established in the Rockhampton area."
The most popular rental properties are units or townhouses, with the average weekly rent for units at $280-$300 a week. Average rental prices, which include houses, is around $350 a week. Good news for prospective tenants is that the high vacancy rates have ensured there is "plenty of everything" available at the moment.
The usual tenants are families or professional couples who have arranged employment before arriving in the town.
"Yes there’s been a bit of a hiccup at the moment but things will improve as Rockhampton is a great place to live."
Pat O’Driscoll Real Estate is seeking tenants for <a target="_blank" href="https://www.realestate.com.au/property-house-qld-the+range-408520895">10 Bolton Street, The Range</a> (pictured below), at $320 per week. The high-set weatherboard has two bedrooms, sleep-out, bathroom and single carport. There’s an updated kitchen, polished floors, fans throughout, deck at the front, plus a carport at the rear. Trees behind the front fence add privacy.
<img width="470" height="353" alt="rockhampton_oct_22_one" src="/images/stories/2013/10/22/rockhampton_oct_22_one.jpg">
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What's happening in Gladstone, Rockhampton and Toowoomba?

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Residential development sites in south east Queensland are being snapped up, according to Ray White Special Projects.
It reports there is a shortage of good quality residential sites  given strong demand.
“Sites attracting the most interest include in-fill sites, particularly those with development approvals in place, and sites which can demonstrate demand for the completed product and generate a reasonable rate of sale,” Ray White’s Mark Creevey says.
He says high profile developers including public companies as well as interstate and overseas developers are becoming more aggressive.
“Since the middle of the year we have seen more confidence in the market as a result of lower interest rates, more favourable lending conditions, improved take up of completed residential stock and the end of political uncertainty,” Creevey says.
"There is now a shortage of good quality residential development sites in SEQ due to the depth of demand for the product.”
But development sites with uncertain development approval futures or delivery timelines are still struggling to attract interest.
"There are still challenges in securing funding to purchase properties without approvals in place but banks do have a growing appetite to lend for qualified sites," Ray White’s Tony Williams says.
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