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 number of property analysts say the Cairns property market is on the verge of a recovery, but mainly for houses.
Property prices in the far north Queensland town suffered greatly during the global financial crisis but it may be about to spring back.
“The Cairns market is improving. Once again detached housing very much so, with units there isn't much improvement there. It’s much more investor driven and run by employment,” Tim Lawless says.
“Cairns is benefiting from more air travel coming in from China which is having a real impact on the local economy but values are still a lot lower than 2007. It will take a long time.”
Herron Todd White say the market there is nudging close to a recovery but there are still low priced opportunities to be found.
“Pockets of low priced housing exist in a number of suburbs, but the traditionally cheaper areas are <a href="/news">Manoora</a>, <a href="/news">Woree</a>, <a href="/news">White Rock</a> and the lower parts of <a href="/news">Mooroobool</a>,” Herron Todd White’s latest monthly report says.
“House prices in these areas tend to start at around $200,000 and show median prices of around $270,000. Also worthy of consideration are <a href="/news">Manunda</a>, <a href="/news">Bungalow</a> and <a href="/news">Westcourt</a>, which are in a better ranked socio-economic stratum but still show median prices sub $300,000.
“The unit market is showing large numbers of properties for sale and units have become extremely difficult to sell unless at bargain basement prices.”
Buyers agent Rich Harvey says investors are still slightly.
“I have put a couple of clients into the Cairns market many years ago, and it's coming back on a few peoples radar but it's very tourism reliant. There's a bit of agriculture, but it's not as diverse as Townsville. Townsville has defence, education, mining and agriculture.”
Data from the REIQ released on September 6 shows house prices remained unchanged for the year ending June 2013 across the Cairns LGA. Over the quarter house prices fell 2.6%.
But certain suburbs have performed quite well. House prices in <a href="/news">Clifton Beach</a> rose 18.5% over the year, 10.3% in <a href="/news">Gordonvale</a> and 9.7% in <a href="/news">Smithfield</a>.
Over the quarter <a href="/news">Mount Sheridan</a> was the strongest performer, followed by <a href="/news">Bentley Park</a> at 9.4% followed by <a href="/news">Bayview Heights</a> at 8.7%.
The unit market didn’t perform quite so well with prices fall 9.3% for the year across Cairns and 10% over the past quarter.
<a href="/news">Manoora</a> and <a href="/news">Trinity Beach</a> were the only unit markets to increase in value over the quarter, going up 9.4% and 5.1% respectively. Compare that to Cairns City where prices fell 38.1%.
The current median house price in <a href="/news">Clifton Beach</a> is $523,000.
A four bedroom home with a swimming pool at <a href="https://www.realestate.com.au/property-house-qld-clifton+beach-111009839">5 Spur Close</a> is listed for sale at $509,000. It’s been on the market for more than a year. In 2005 it sold for $385,000, according to RP Data.
A five-bedroom home with an even bigger pool at <a href="https://www.realestate.com.au/property-house-qld-clifton+beach-114749659">50 Endeavour Road</a> is on the market for $530,000. In 2005 it was on the market, but didn’t sell, for $420,000, according to RP Data.</body></html>

awalsh-7Ub9EypybQ

Cairns property market poised for recovery in houses

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Letter 1
From: The Ponz
Def bubble. Oz has had one for a while. The only reason we still have one is because of too many vested interests. All those who are in a position to make any changes have their nose in the trough.
Letter 2
I am continually hearing about the housing bubble about to burst, prices being driven up, first home buyers driven out of the market by investors. I find these comments generally unfounded and almost laughable.
I have a house for sale in Mount Tamborine, Queensland and it is valued less than what I paid six years ago. I also have one for sale in Westlake, Queensland and it is valued at $150 less than what it was five years go.
Where are these stories of high prices coming from, certainly not Queensland?
In further correspondence
The houses in question are:An investment house I bought on Mount Tamborine, Queensland some six years ago for $485,000. 
I am now wanting to sell and it has been valued to list at $450,000 to $470,000. 
The other is my family home in Westlake, Queensland. Since the passing of my wife it is time to move on, I find that in the four years since the price of my house has dropped from an $850,000 value to a max of perhaps $700,000. 
I'm not saying that this price drop is catastrophic as I have had he house for much longer than the four years and there is no loss to me in that valuation. 
These are everyday values of houses of two different parts of Queensland, one an executive area and one a semi-rural area, and I would say a reasonable cross section. 
I've seen many real estate stats including RP Data Stats for both areas and they certainly don't show an increase in price, indeed they show a decrease in the areas.
Letter 3
We have several investment properties in Cairns and one in Mackay. I know it’s hard to predict hotspots but I enjoy the banter about what determines a hotspot. I believe that you do know your own market better because you live and breathe it everyday.
Times have been quite bad for Cairns but it is gradually turning with rental vacancy around 1% at present and the Aquis hotel casino in the mix the next few years should be interesting.  
Mackay on the otherhand has gone off the boil, where big returns have calmed and rental vacancy at 8%.  Just goes to show how relatively quickly things change!
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jduke-EHk3XBmHkn

LETTERS TO THE EDITOR: Property bubble; Regional Markets

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The Brunswick Street, New Farm, property received more than 180 enquires as 28 offers during an expressions of interest campaign.
At 587 square metres in total, the property consists of 227 square metres of retail space on the ground level, with two upper levels of residential units, and basement parking.
Ray White New Farm's Matt Lancashire bought the property for more than $3 million.Hunter Higgins, from Colliers International, negotiated the sale on behalf of Receivers and Managers Grant Thornton. Buyer interest was attributed to the type, but also largely to the location.
“New Farm is a very sought after suburb, for all types of property,” Higgins said.
“It is located less than two kilometres from the CBD, and has a plethora of services and amenities, including a well-integrated public transport system with regular bus services and City Cat stops and a wide variety of bars, restaurants providing an array of dining and entertainment options."
The buyer mix was a range of investors and owner-occupiers.
“The building was for offered for sale in one line, or in individual components, and we had a variety of buyers looking at it, with a mixture of owner-occupiers and investors, with different ideas as to their plans for it,” he said.
“First of all, the residential market is well on the way to recovery, and with New Farm being such a sought after suburb, residential units in this suburb are always going to be a good investment,” he said.
“Secondly, in the current market many buyers are looking for properties with a ‘twist’ – that is, those that have some sort of upside, such as development potential, or the opportunity to increase the income stream for the investment."
Lancashire, who bought the property, intends to relocate his Ray White office to the ground floor retail space, and will rent out the six apartments on the floors above as investments.
The property also has the opportunity for further development, with scope for additional parking. Currently there are 13 car parks.
“We had a number of owner-occupiers including doctors, dentists and real estate agents looking at the property, and they particularly liked its exposure to Brunswick Street, as well as the car parking,” said Higgins.
“Yields are starting to sharpen for quality stock, but at the moment investors can still get in at an elevated rate, with current prime yields on average in the 8.5 to nine per cent range,” he said of commercial assets in the area.
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Mixed-use $3 million property snapped up by Ray White agent

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Yokogawa Australia Pt Ltd has leased a warehouse/office unit at Murarrie in Brisbane’s east.
The industrial automation and instrumentation company took out a two year lease, at 4/16 Metroplex Avenue (pictured below).
{yoogallery src=[images/stories/2013/10/02/mur]}
The warehouse/office unit is part of a complex, which is located in the heart of the Brisbane Trade Coast commercial hub of "Metroplex on Gateway"' said Stephen Ferguson of Ray White Industrial Milton, who negotiated the lease.
“The property includes a 480 square metre commercial grade office/showroom over 3 levels and a 20 square metre storage area accessed via a container height roller door, " he added.
The lease was struck at a net rental of $105,000 per annum.
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Yokogawa lease Murarrie warehouse office unit

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<div>
Swimming champion Libby Trickett and her husband Luke have listed their Seven Hills, Brisbane abode just 18 months after moving into the custom built home.
</div>
The four-time Olympic gold medallist, currently appearing on Dancing With The Stars on Channel Seven, had <a target="_blank" href="https://www.eplace.com.au/property.cfm?propertyID=2485496&amp;realestate=29_Aventine_Street_Seven_Hills_QLD_4170">the three-bedroom contemporary home</a> built on a sloping 804 square metre block that cost $695,000 in 2010.
Place New Farm agent Judy Goodger has its scheduled for October 31 auction.
<div>
The Trickett's are selling to move closer to Luke’s South Brisbane business interests.
It was designed by Brisbane architect Shaun Lockyer who was asked by the couple to create an open, breezy design.
</div>
The house features decking, floors and ceilings using recycled tallowwood from the Hornibrook Bridge at Redcliffe following its 2010 demolition.
The home has been designed to accommodate an underneath extension underneath and a backyard pool at a later date.
<a target="_blank" href="/news">RP Data has the suburb's median house price at 0,000</a>.
<img alt="PO_Strap_new" height="60" width="470" src="/images/stories/2013/08/PO_Strap_new.jpg">
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jchancellor-FAypfDUnLy

Retired swimmer Libby Trickett lists pool-less Seven Hills, Brisbane home

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Yeppoon’s oceanfront ‘Oshen’ has seen investors from Western Australia buying up the a number of remaining apartments in the $35 million development.
Concept Living Properties, the developer of Oshen, has totalled $4.5 million in sales over the last three months, within which five sales adding up to $2.1 million were to resources workers from WA.
Sales in the development add up to $24 million at present, with one-bedroom apartments from $329,000 and two-bedroom from $589,000.
It is the first apartment development in Yeppoon since 2009 and included one-, two- and three-bedroom apartments.
Project marketing agent, Ross O’Reilly, put this down to their expectations for growth in Central Queensland, after having seen the strength of their own mining industry-driven areas.
“Astute investors have identified tremendous upside in the region and this has galvanised them into action,” O’Reilly said.
However, Central Queensland is said to offer a more diverse economy than that seen in many WA towns.
“A host of major projects, including the $600 million redevelopment of Great Keppel Island has shone the spotlight on the region and greatly enhanced its national profile,” he said.
Similarly, the merging of Central Queensland University with Central Queensland TAFE in January 2014 has provided an uplift in interest.
A supply issue has been felt on the Capricorn Coast, he said, with a lack of stock coming online.
“In Yeppoon, the population is rising at a rate of 3.8 per cent annually, double the Queensland average,” he noted.
“Now that the building is rising, buyers know the project will be delivered and they have the certainty of a fixed construction timeline.”
The development will be complete by the end of December this year, and will include business facilities, a pool, barbecue area and onsite management.
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WA investors purchasing in Central QLD

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Brisbane investors should be prepared to outlay enough to buy a blue-chip investment if they wish to take advantage of a looming property recovery, according to Herron Todd White.
Brisbane’s fundamentals are strong but it’s real estate is still affordable, Herron Todd White says in its latest report.
“If history is set to repeat, than it would be fair enough to think we might start to see some reasonable growth going into 2014, particularly as the election will be well and truly behind us,” it says.
The report advises investors to look at properties as blue chip as possible.
“We realise this can be a little bit tough when the kick-off price for property in a suburb like Paddington now sits mostly over $700,000, but maybe now is the time to aim for true entry level in good locations,” it says.
“Stay as close as you can to town and try to be near great lifestyle facilities. Once you’ve found your favoured locale, check the budget and buy the best quality property you can afford.”
Those with slightly less to invest should be looking at second hand units near city locations away from busy roads and train lines.
They are usually quite big and any dodgy floor plans can be easily changed.
“If you have $350,000 to $400,000 there is most defiantly something out there for you in this sector. The great thing is these properties makes terrific starters for first home buyers.”
First home buyers are advised to buy these properties then hold on to them when they buy again.
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Brisbane investors should buy blue chip: Herron Todd White

<html><body>Australian Property Monitors (APM) has released a list of auction results in Brisbane for the weekend of September 28. <a rel="nofollow" href="https://www.homepriceguide.com.au/saturday_auction_results/Brisbane.pdf" 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 September 28 weekend

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There were six bidders when the Mermaid Beach, Queensland home of LM Investment Management founder Peter Drake sold at weekend auction.
On its initial listing, <a target="_blank" href="https://www.propertyobserver.com.au/trophy-homes/peter-drake-s-mermaid-beach-trophy-mansion-remarketed/2013080463825">Oceanview</a> had ambitious $20 million price hopes which ranked among the highest prices paid for a home on the Gold Coast. No one is too sure of the cicumstances regarding the reputed onetime $37 million valuation.
But the mortgagees of Mr Drake’s property were prepared to accept $7.35 million through McGrath agents James Ledgerwood and John Natoli who took over the marketing in August after it had been on the market for almost four months. They had reported $9 million revised hopes.
The property was announced on the market at $7.3 million with two higher bids lodged.
{yoogallery src=[images/stories/2013/04/april17mermaid]}
The six bedroom, eight bathroom Paul Uhlmann-designed house which appeared in the book Beach Houses Down Under  has a 25-metre beach frontage.
There was an entertaining level with bar, gym and cellar, and a home theatre with a dance floor.
Equating to around $4,500 a square metre, the modern mansion on its 1600 square metre Albatross Avenue millionaires' row holding was featured on the television show Great Australian Sandcastles.
The property is mortgaged to ANZ, so the 12,000 investors whose savings were frozen when LM Investment Management collapsed are unlikely to share in the proceeds.
There has been only two sales at $5 million of higher in the past 17 months at Mermaid Beach, including $7.3 million on Surf Street in April last year. The strip's top sale was $19 million in 2006 with an $18 million sale in 2009.
Last week the Supreme Court of Queensland ordered the surrender of the passport of LM Investment Management founder Peter Drake.
Following application by ASIC, the court also froze his assets as ASIC’s investigation into the collapsed Gold Coast-based fund manager continues. LM Investment Management went into administration in March 2013, with the company responsible for managing at least $750 million on behalf of almost 12,000 investors in Australia and overseas. The Supreme Court of Queensland made interim orders last week which include preventing Mr Drake from travel out of Australia.
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Peter Drake's Mermaid Beach mansion sells for $7.35 million

<html><body>Australian Property Monitors (APM) has released a list of auction results in Brisbane for the weekend of September 21. <a rel="nofollow" href="https://www.homepriceguide.com.au/saturday_auction_results/Brisbane.pdf" 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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