ASX-listed developer <a href="https://www.apartments.com.au/developers/stockland">Stockland</a>&nbsp;is continuing its push back into the new apartment market, filing plans for a prominent gateway site between Collingwood and East Melbourne.

The development giant, which moved back into the new apartment space when it announced Stanton Place in Sydney's Rosebery and have since filed plans for a 50-storey tower, are jumping into the off the plan Melbourne market.

They are hoping to create a mixed-use neighbourhood precinct for <a href="https://www.apartments.com.au/new-apartments/79-81-victoria-parade-collingwood-vic-3066">79-81 Victoria Parade</a>, replacing an existing commercial building with a scheme by <a href="https://www.apartments.com.au/architects/john-wardle-architects">Wardle</a>&nbsp;for 478 apartments,&nbsp;ground-floor retail, new public open spaces and a publicly accessible pedestrian laneway.

<img alt="First look: Stockland plans new mixed-use neighbourhood precinct for Collingwood gateway site" data-entity-type="file" data-entity-uuid="72dbbca9-3918-4073-afad-a0c0c35be8e7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/stockland%20pers.png?VersionId=bzMVUKKxvwuNK1m0v_td126Rgct32uk_" />

The design report identifies the public realm as a central driver of the proposal.

"Collingwood has limited access to high-quality parks and public open space, and the proposal delivers valuable new areas for respite, social interaction and fine-grain retail activity."

The development would deliver a diverse mix of housing, including studio, one, two and three-bedroom apartments alongside townhouse-style residences. Two basement levels are proposed beneath the development, providing resident and retail parking as well as extensive bicycle facilities.

Wardle's design draws heavily on Collingwood's industrial character, using articulated building forms, brickwork and robust materials inspired by the suburb's warehouse and manufacturing heritage. The built form has been broken into a series of smaller volumes to better respond to the surrounding streetscape while extensive communal gardens, rooftop amenities and shared resident spaces are integrated throughout the project.

<img alt="First look: Stockland plans new mixed-use neighbourhood precinct for Collingwood gateway site" data-entity-type="file" data-entity-uuid="7b2135ed-65df-4253-ad53-f216f06bd467" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/stockland%20podium.png?VersionId=l1B6Hqn8zs772VxH6L1fDPg0KHshan9v" />

The planning documents describe the existing office building as offering little engagement with the public realm, with the redevelopment intended to create a more permeable and active neighbourhood destination.

"The proposed scheme presents a significant opportunity to deliver a vibrant retail plaza and a local neighbourhood hub serving both existing and future Collingwood residents."

The 79–81 Victoria Parade site occupies a strategic location about 1.5 kilometres east of Melbourne's CBD, at the threshold between Collingwood and East Melbourne. It is well served by tram services along Victoria Parade and sits within walking distance of St Vincent's Hospital, Fitzroy Gardens, the Fitzroy activity centre and a broad range of employment, retail and hospitality destinations.

Joel Robinson

Stockland plans new mixed-use neighbourhood precinct for Collingwood gateway site

An 1880s timber cottage that has survived Kangaroo Point's transformation from riverside suburb to high-density apartment precinct is set to become the centrepiece of <a href="https://www.apartments.com.au/developers/zephyr">Zephyr Group</a>'s proposed Banksia development.

Rather than see the locally heritage-listed Alpha Cottage as an obstacle to navigate, plans integrate the landmark home into a new 18-storey residential tower, giving one of the suburb's oldest surviving residences a new role as the project's communal hub.

The development application covers a 1,177 sqm amalgamated site at 127-133 Lambert Street and 30 Shafston Avenue, where Zephyr Group plans to deliver 64 apartments above three basement levels. Designed by <a href="https://www.apartments.com.au/architects/joe-adsett-architects">Joe Adsett Architects</a>, the proposal carefully weaves the retained heritage cottage into a contemporary residential scheme, with the tower elevated above the historic building to preserve its presence within the Lambert Street streetscape.

<img alt="First look: Zephyr Group's Banksia to wrap new Kangaroo Point tower around 1880s Alpha Cottage" data-entity-type="file" data-entity-uuid="f9dc5bdb-d691-4c60-bf2b-c3ed405a3e75" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Banksia.png?VersionId=Jh4bjlewU.o8HXWt0V4KaFA_lPcF7KWM" />

Named after the native Australian Banksia flower, the project draws inspiration from its distinctive form through curved balconies, sculpted planter boxes and cascading subtropical landscaping that soften the building's profile.

As the design report explains: "The tower's identity is defined by its feature facade, drawing direct inspiration from the Banksia wildflower. The building departs from traditional rigidity through the use of elegant, GRC-moulded planter boxes that appear as if shaped by the breeze."

Plans propose 64 apartments, comprising 32 two-bedroom and 32 three-bedroom residences, across an 18-storey tower. Residents would have access to rooftop amenities including a swimming pool, spa, gym, sauna, private cinema, dining spaces and landscaped recreation areas, while more than half the site is dedicated to planting and open space.

<img alt="First look: Zephyr Group's Banksia to wrap new Kangaroo Point tower around 1880s Alpha Cottage" data-entity-type="file" data-entity-uuid="16041b5f-033e-47fa-8fbe-9886e072c1f2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pool.png?VersionId=kpx5w4EbLx0_TdWfDoD1vrSs0_cZ5Ao1" />

The heritage component is the defining feature of the proposal. Constructed in the early 1880s and occupied from at least 1883, Alpha Cottage is recognised by Brisbane City Council as an important surviving example of Kangaroo Point's nineteenth-century residential development and as a representative transverse-gable timber cottage. Despite extensive redevelopment across the peninsula, the building has retained a high degree of its original form and internal fabric.

As part of the redevelopment, the cottage will be carefully relocated a short distance within its original allotment to facilitate construction before being returned to a prominent position along Lambert Street. Original verandah elements will be dismantled, catalogued and reinstated, while significant internal features, including timber flooring, wall linings, joinery, doors, windows and hardware, will be retained. Later additions, including the enclosed rear verandah, will be removed to better reveal the building's original form.

Once restored, Alpha Cottage will accommodate the building manager's office, mail room and parcel facilities, providing an active everyday use that supports its long-term conservation rather than preserving it as a static display. The heritage strategy also maintains landscaped space around the building, allowing it to remain visually distinct beneath the new tower.

<img alt="First look: Zephyr Group's Banksia to wrap new Kangaroo Point tower around 1880s Alpha Cottage" data-entity-type="file" data-entity-uuid="43b027e1-576e-4624-a66c-7cc54ea8b7be" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/banksia%20tower.png?VersionId=2W6E2yfkj2AQlWlLeV986grA5zB9f817" />

The Heritage Impact Assessment concludes that "the proposal secures the ongoing occupation, maintenance and conservation of Alpha Cottage," finding the development would result in "no more than a minor impact on the cultural heritage significance" of the building while ensuring its long-term future.

Joe Adsett Architects have designed the tower to sit above the heritage building rather than overwhelm it, creating a clear visual separation between old and new. The development's flowing balconies, integrated planting and organic façade respond to Brisbane's subtropical climate while complementing the restored cottage below.

Banksia occupies a prominent corner in Kangaroo Point within walking distance of the Kangaroo Point Bridge, Brisbane River, ferry services, QUT, the CBD and the Woolloongabba precinct. The site also benefits from direct access to active transport infrastructure and sits within an area earmarked for continued higher-density residential growth.

Zephyr Group's Banksia to wrap new Kangaroo Point tower around 1880s Alpha Cottage

Buying into a masterplanned community often means committing to a vision still years from taking shape. At <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a>, that vision is already visible.

Residents have moved into the completed first stage, landscaped spaces are established, and the next chapter is now underway. Stage 1 has been completed and settled, with Stage 2 now selling off-the-plan.

Designed by <a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a>, <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> combines attainable apartment living with sustainability initiatives rarely seen at this price point, including rooftop solar, battery storage and a resident EV-sharing program.

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Located on Schofi​elds Road, just moments from Tal​lawong Metro Station and Schof​ields Train Station, <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> has been designed to appeal to a broad mix of buyers, from first-home purchasers looking for a foothold in Sy​dney's property market to downsizers seeking a connected, low-maintenance lifestyle.

<a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> has been conceived as a thoughtfully planned masterplanned community that will evolve over multiple stages, with buyers now able to secure one, two and three-bedroom apartments within a neighbourhood that is already beginning to establish its identity.

One of the project's defining features is its focus on sustainability. Solar energy systems, battery storage and future EV charging infrastructure have been incorporated throughout the development, reflecting a long-term approach to both environmental performance and everyday convenience.

Sustainability sits at the centre of the development's vision, with solar energy systems, battery storage and future EV charging infrastructure integrated throughout the community.

That emphasis on future-ready living extends beyond the technology. Landscaped communal gardens, outdoor gathering spaces and plans for a future retail precinct aim to create a neighbourhood where residents can access daily conveniences without travelling far from home.

[smartcode_project:default project_id=149637 project_image_fid=351027]

The apartments themselves have been designed with liveability front of mind. Rather than chasing maximum density, the focus has been placed on creating practical homes with generous natural light, usable layouts and strong connections to outdoor space.

Importantly, these design principles have been applied consistently across the one, two and three-bedroom apartment offerings.

The appeal of <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> is also closely linked to its location within Syd​ney's rapidly evolving north-west growth corridor. Over the past decade, major infrastructure investment has transformed the area, with new transport links, business precincts and community facilities reshaping suburbs like Talla​wong and Schofiel​ds.

The agent says buyers are increasingly recognising the area's long-term potential.

"Typical buyers that we're finding across <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> especially are your first-home buyers, your investors, your upsizers as well as your downsizers," Hawes says.

Connectivity remains one of the project's strongest drawcards. Residents have access to both Tallaw​ong Metro Station and Schofi​elds Train Station, providing links to the Sydn​ey CBD, Norw​est Business Park, Macquari​e Park and other major employment hubs. Retail centres including Rous​e Hill Town Centre and Sch​ofields Village are also nearby, alongside schools, parks and future healthcare infrastructure.

[smartcode_project:default project_id=149637 project_image_fid=351031]

For Stage 1 resident Roji, it is the balance between convenience and comfort that has defined the experience of living at Kew.

"For me, it's a balance of quality and convenience," she says. "Everything I need is right here."

"If I wanted to catch the train, Scho​fields Station is just around the corner. Tallaw​ong Metro connects me to the city."

More importantly, she says, the development has delivered something that cannot be measured in floorplans or specifications.

"<a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> feels like home."

[smartcode_project:default project_id=149637 project_image_fid=351024]

As Stage 2 enters the market, that lived experience may be one of the project's strongest selling points. Buyers are not purchasing into an untested concept or a future promise. They are joining a community that is already taking shape.

Ongoing investment in transport, retail, healthcare and public open space continues to strengthen the appeal of Syd​ney's north-west growth corridor, while <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a>'s established first stage provides buyers with a tangible sense of the community's future direction.

For a limited time, buyer can secure a new home at <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> with just a $10,000.

[smartcode_project_cta:default project_id=149637]

Kew Tallawong: A growing community taking shape in Sydney's north-west

<a href="https://www.apartments.com.au/developers/freecity">Freecity</a> has received development approval for its 51-storey mixed-use tower at 153-157 Walker Street, North Sydney, set to be one of the tallest mixed-use residential-led buildings in one of Sydney’s most sought-after commercial and residential addresses.

Lodged as a State Significant Development Application (SSDA) through the Housing Delivery Authority (HDA) pathway and approved by the NSW Department of Planning, Housing and Infrastructure following a comprehensive public exhibition and submissions process, <a href="https://www.apartments.com.au/new-apartments/153-walker-street-north-sydney-nsw-2060">the project</a> will deliver 296 apartments, alongside a 170-room, luxury hotel, activated retail and significant public domain improvements.

Situated just 200 metres from Victoria Cross Metro Station, on one of the largest developable sites in North Sydney, the development will rise to 234 metres, making it one of the tallest buildings in the suburb. With an end value of approximately $1.5 billion, the project responds directly to the NSW Government’s mandate to accelerate housing delivery in well-located, transit-connected areas.

<img alt="Freecity gets green light for mixed-use residential and hotel tower in North Sydney" data-entity-type="file" data-entity-uuid="192ec455-94bf-4e01-83ef-922b1b269d67" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Freecity%20-%20Walker%20Street%20North%20Sydney%201%20RESIZED%20.jpg?VersionId=Bzqp0SBHCDvLAHjA4QXkjuGoOEIh73Jl" />

The apartment mix will cater to a broad range of buyers, with 65 studio and one-bedroom apartments, 139 two-bedroom residences, 35 three-bedroom apartments, 48 four-bedroom homes, and nine penthouses. Residents will have access to a dedicated amenity level on Level 33, featuring a swimming pool with views towards the Harbour Bridge, Sydney Opera House and North Sydney CBD, as well as a gym, library, shared kitchen, lounge and outdoor entertaining areas.

The hotel will occupy the lower six levels of the building and include meeting and function spaces, a wellness centre with gym, yoga studio, swimming pool and sauna, further strengthening North Sydney's growing hospitality offering.

At ground level, the development has been designed to improve pedestrian connections through the precinct. More than 700 sqm of retail space will activate the street frontage, while a landscaped through-site link connecting Walker Street, Little Walker Street and Doris Fitton Park will provide new public open space with seating, paving and extensive native landscaping.

Freecity Group Co-Founder and Joint CEO Tony Sun said the project represents one of the most significant development opportunities currently available in North Sydney.

"This is one of the most significant development sites in North Sydney and it comes at a pivotal moment for the precinct," Sun said.

"North Sydney is undergoing a genuine transformation, and this project will contribute housing the city urgently needs while creating a landmark destination."

Executive Director of Development Michael Romano said demand for both residential and hotel accommodation would continue to strengthen as the Metro precinct matures.

"The structural demand for high-quality housing and hotel accommodation in North Sydney is compelling, and will only grow as the precinct continues to evolve around the new Metro station," Romano said.

Architectus has designed the tower, orientating the apartments to maximise views towards Sydney Harbour while introducing a sculpted façade intended to respond to light, wind and the surrounding skyline.

Architectus Principal Marko Damic said the design sought to create a tower that contributes to the public realm as much as the skyline.

"We wanted to design a tower that doesn't just sit in the skyline but actively participates and contributes to city life," Damic said.

First look: Freecity gets green light for mixed-use apartment and hotel tower in North Sydney

<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> and <a href="https://www.apartments.com.au/developers/perifa">PERIFA</a> have celebrated the topping out of <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf,</a> marking a significant milestone in the delivery of one of Syd​ney's most anticipated waterfront communities.

Located on Sydney's harbourfront at <a href="https://www.apartments.com.au/developments/putney-nsw-2112">Putney</a>, the project has now reached its highest structural point, with construction progressing strongly towards completion in 2027. 
&nbsp; 
The milestone was celebrated on-site with project partners Phoenix Property Investors, Mitsubishi Estate Asia, Versatile Construction, <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, consultants and stakeholders, to recognise the collective effort behind the transformation of the historic waterfront site into a vibrant new residential, marina and lifestyle destination.

[smartcode_project:default project_id=13962 project_image_fid=362240] 
&nbsp; 
<a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> will deliver a mix of waterfront residences and terraces, complemented by a private 36-berth marina, waterfront dining opportunities and a revitalised foreshore designed to reconnect the community with the river's edge. 
&nbsp; 
Abadeen Executive Chairman and Founder Justin Brown said the project represented a rare opportunity to create the next chapter in Sydn​ey's long history of successful waterfront precincts. 
&nbsp; 
"Throughout Sydney, some of the city's most sought-after addresses have emerged from carefully considered waterfront precincts such as Woolloom​ooloo Wharf, Walsh Bay and Breakfast Point," Brown said.

[smartcode_project:default project_id=13962 project_image_fid=362566] 
&nbsp; 
"What makes these places so successful is that they become much more than residential developments," Brown said.

"They bring together homes, hospitality, marina facilities, public spaces and a strong sense of community in locations where future supply is incredibly limited."

Brown has long described absolute waterfront land in Sy​dney as "finite."

"Once these opportunities are developed, they are rarely replicated. That's why Syd​ney's waterfront precincts have consistently demonstrated strong demand and long-term value growth over many decades. 
&nbsp; 
"<a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> is one of the few remaining opportunities to secure a residence within a masterplanned waterfront community that combines direct water access, marina ownership opportunities and a genuine village lifestyle just moments from the Sy​dney CBD."

[smartcode_project:default project_id=13962 project_image_fid=362564] 
&nbsp; 
PERIFA Founder and Managing Director Fabrizio Perilli said the project reflected a shared commitment to delivering exceptional places that create long-term value for residents and the broader community. 
&nbsp; 
"The topping out milestone is a significant achievement for the Versatile Group and a testament to the collaboration between all project partners, consultants and contractors involved," Perilli said. 
&nbsp; 
"Beyond the residences themselves, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> will establish a new waterfront destination that celebrates the history, character and lifestyle of this unique location while creating a lasting legacy for future generations."

[smartcode_project:default project_id=13962 project_image_fid=291195] 
&nbsp; 
Construction is being delivered by <a href="https://www.apartments.com.au/builders/versatile">Versatile Construction</a>, with structural works now substantially complete across the precinct. Attention will progressively shift to the construction of the waterview terraces, apartment façades, services and interior fit-out works over the coming months. 
&nbsp; 
With limited residences and marina berths remaining, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> continues to attract strong interest from owner occupiers and downsizers seeking a premium waterfront lifestyle within close proximity to Putne​y Village, Rh​odes, Top Ry​de and the Syd​ney CBD. 
&nbsp; 
As one of the last opportunities to secure a residence within a new masterplanned waterfront community on Sy​dney Harbour, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> is expected to remain a highly sought-after address for years to come.

[smartcode_project_cta:default project_id=13962]

Abadeen, PERIFA, top out Putney Wharf harbourfront precinct

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 spike in the south-east Queensland auction clearance rate up to 80% has auctioneer Jason Andrews questioning whether the market has reached a tipping point.
Up last week to 80%, from 52% in August, it's currently unclear whether the result is an anomaly or a market of the game changing, Andrews said.
This comes as <a href="https://www.propertyobserver.com.au/queensland/brisbane-tipped-for-growth-but-jury-out-on-best-location/2013090564807" target="_blank">Brisbane has recently been tipped for growth</a> both in a Property Observer poll and by property buying experts.
“There was a completely different energy at last week’s auctions over a broad variety of price segments and geographical locations, with tangible buyer confidence and willing sellers,” Andrew said. “We saw several top-end properties sell for significantly over reserve as well as acreage property, a segment that was previously challenged for some time.” 
With the average number of bidder registrations up significantly, rising to 5.2 last week from 1.6 in August, crowd numbers were also high up to 44 from 18 per auction, he said.
This may mean that competition is heating up significantly for investors looking to achieve bargains. “There was also a sharp increase in vendor motivation for the week, with 80% of vendors describing themselves as highly motivated, up from 47% in August," he said. 
“These results are in stark contradiction to the trends we’ve seen throughout the year with subdued buyer activity has and a high proportion of vendors unwilling to meet the market.”
Next week will be telling if the results continue.
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Potential market tipping point reached in SE QLD

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The Gold Coast’s Broadbeach, and surrounding suburbs, is starting to pick up with more than $2.3 billion worth of development in the pipeline for the area recorded in 2013, compared to a figure of $1.7 billion on 2011, according to Colliers International.
Looking at the value of development in the pipeline in the area, including Broadbeach, Broadbeach Waters, Clear Island Waters, Mermaid Beach and Mermaid Waters, a 25 per cent increase was noted on the last year, from $1.84 billion in 2012.
Stewart Gilchrist, Colliers International Gold Coast director, said that despite the good figures, it’s coming off of a low base.
“Last year we noted that while things were quiet on the development front in the Broadbeach area, the upcoming Commonwealth Games and the light rail project would provide the impetus for further development and activity in the area,” he said.
“This is increasingly becoming the case, with several projects in the pipeline for the Games, including an upgrade to the Broadbeach Bowls Club, which doesn’t have a dollar value yet, and an upgrade to the Gold Coast Convention and Exhibition Centre, which has increased in value from $5 million to $7.3 million. The Convention Centre will host the netball, as well as being the International Broadcast Centre and Main Media Centre for the event.”
Gilchrist said that more projects in Broadbeach are likely to be announced in time to capitalise on the Games and light rail.
“In particular, it is likely there will be accommodation projects, as developers seek to take advantage of the increasing visitor numbers to the area and more people coming to live in the area with the improved accessibility of the light rail,” he said.
“There are already a couple of these projects in the pipeline, and it is very possible these will be fast-tracked so that they come online sooner, and developers will also likely look at getting other developments out of the ground. There are definitely opportunities around transit-oriented developments, as people increasingly choose to live close to public transport.”
Currently, just 2% of development for the area is under construction, Colliers research found.
In the Broadbeach area, there are just four suburbs with development planned or underway. These were noted as Broadbeach, Broadbeach Waters, Clear Island Waters and Mermaid Beach.
 
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$2.3 billion of development for Gold Coast and more to come

<html><body>Australian Property Monitors (APM) has released a list of auction results in Brisbane for the weekend of September 7. <a style="font-size: 14px;" rel="nofollow" href="https://www.homepriceguide.com.au/saturday_auction_results/Brisbane.pdf" target="_blank">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 7 weekend

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Brisbane offers the best investor opportunities in the country, according to leading Sydney real estate agent John McGrath.
If buyers can get physically get to Brisbane and have a look around then now is a good time to buy, McGrath told the audience at the Property Millionaires Tour in Melbourne on Friday which Property Observer attended.
“I can think of no better city other than Brisbane over the next five years, it’s great,” McGrath said.
“But you will have to have the ability to get up there and research it and become an expert in that market. If you don’t have that ability I’d stick closer to home in Melbourne.
“If I was investing today, if someone gave me $1 million today, I would be looking at either Melbourne, Sydney, Gold Coast or Brisbane. They would be my four choices.”
He says the Gold Coast is a good option but there can be significant movement.
“Gold Coast has been hit very hard but while it comes down very quickly but it can go back up very quickly. We have seen prices go for 40% or 50% from the top, it’s now stabilised and we’re seeing it get a bit better up there so we think that’s a good market.”
“The Sydney market under $1 million is leading the way around Australia. The Melbourne market is good, Hobart is terrible at the moment, Gold Coast has been struggling but I think represents some great buying opportunities going forward. Perth is good at the moment but is quite cyclical.”
He says Sydney and Melbourne are both looking strong in the sub $1 million market.
“If you were up in the Gold Coast you would say the strength is under $600,000 and in Brisbane it’s at $750,000.”
In Februrary McGrath opened his <a href="https://www.propertyobserver.com.au/industry-news/mcgrath-estate-agents-opens-another-brisbane-office/2013022559555" target="_blank">fourth real estate office in Brisbane</a> within nine months.
In his autumn property report <a href="https://www.propertyobserver.com.au/queensland/brisbane-residential-market-tipped-for-recovery-mcgrath/2013031959874" target="_blank">he tipped Brisbane for a recovery</a> driven by strong employment and population growth coupled with a supply shortage and rising rents.
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Brisbane offers the best investment opportunities in the country: John McGrath

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With the election at our doorstep, property experts are weighing up election issues and what they mean for certain areas.
Kim Clarke, developer of Plantation Palms, says the abolition of the mining and carbon taxes could positively affect Mackay.
“We’ve witnessed a decline in the number of mining jobs over the past six months, and the Mackay economy is feeling the impact,” says Clarke.
“Abolishing both the mining and carbon taxes could completely turn this area on its head and result in increased investment in our community and economy.
“China and India need our coal, how can we operate as a world without coal?” says Clarke.
Clarke says there’s a lack of confidence in the Mackay area and although there’s stock, people aren’t buying.
Clarke says the drawing out of the election was one of the biggest mistakes the Labour government made as people always slow down before an election.
“Mining towns are small compared to Sydney and Melbourne and therefore anything that happens within the local papers, people think that’s happening.
“People just aren’t buying, once we have an election, people will become more certain and confidence will start to come back."
Clarke also emphasises the Australian dollar, although more so related to the RBA than the election.
“The dollar coming down is fabulous, it’s very very important for the mining industry, I’d like to see if come down even further.
“The mining industry has been having to suffer with a dollar at parity to the US dollar, a lower dollar means we’re more competitive with the rest of the world.
“The low dollar helps with tourism also, it stops Aussies getting more for their money overseas and it means foreigners get more for their money here,’” says Clarke.
Clarke says the mining industry boom is over, in terms of building new mines but mines will still work if they’re economical to produce.
“At the moment we’re going through a phase that will make the mines more productive by employing more productive people.
“Just like a shopping centre, they change shops around so they can get more traffic… we have to do the same with mines. We have to get smarter and do a better job” says Clarke.
The median house price in <a href="/news">Mackay </a>is $399,000, a 14.8% change in the past five years, according to RP Data.
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Abolition of the mining and carbon taxes a positive for Mackay

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The Brisbane housing market continues to record gradual increases in housing market activity, according to Australian Property Monitor's latest housing market report.
"Following a surge in activity last year due to local changes in the first home buyers grant, first home buyer levels are unsurprisingly at their lowest on record," the report says.
"Buyer activity in the lower-price ranges, particularly in the outer-northern suburbs, remains subdued. 
"Properties in Brisbane’s established inner and middle ring suburbs however remain popular with buyers, with investors attracted by high yields, rising rents and solid capital growth potential."
The report found Brisbane’s median house price rose by just 0.3% over the June quarter and was up by 1.8% over the 2013 financial year.
"Brisbane has recorded four consecutive quarters of house price growth for the first time in three years, although the increases have been incremental. Brisbane’s median house price remains 6.7% below its previous price peak, which is the worst performance of all the capitals."
"The local Brisbane economy can be expected to provide one of the best performers over the medium-term, with benefits from the lower dollar translating into increased activity in the mining and tourism industries and also attracting international investment.
"The expected surge in jobseekers from the southern states will lift population significantly in South-East Queensland."
<img height="394" width="470" src="/images/stories/2013/08/aug27apm/apm-aug-26-chart-1.gif" alt="apm-aug-26-chart-1">
 
 
<img height="369" width="470" src="/images/stories/2013/08/aug27apm/apm-aug-26-chart-2.gif" alt="apm-aug-26-chart-2">
 
<img height="331" width="470" src="/images/stories/2013/08/aug27apm/apm-aug-26-chart-101.gif" alt="apm-aug-26-chart-101">
 
 
<img height="341" width="470" src="/images/stories/2013/08/aug27apm/apm-aug-26-chart-202.gif" alt="apm-aug-26-chart-202">
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Brisbane's continuing recovery: APM

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With our poll yesterday seeing a majority of respondents believing Brisbane is the best capital city to be investing in currently, it’s the specific location that’s contentious.
Yesterday’s poll recorded 39% of votes pointing to Brisbane as the next best investment buying location, followed closely by Sydney at 22% and Melbourne at 11%.
<img src="/images/stories/Jen_uploads/poll-results-sept-5.jpg" width="470" height="460" alt="poll-results-sept-5">
Propertyology’s Simon Pressley told Property Observer that he does expect Brisbane to outperform the growth in the rest of the market by about 4% overall.
He also said that he has only recently begun looking at the market again.
“It had been rare for us to be buying in Brisbane over the last couple of years and in the last couple of months we have actually started again,” Pressley said.
With a GFC and two floods having softened the Brisbane property market, it had been running at a lag on the rest of the market for some time, however now stock is being soaked up.
“What I have seen is that it has been frustrating because of falling stock on market and when we do find that needle in a haystack sometimes it already has an offer on it."
“We’ve seen those dynamics before and it means competition and often leads to some decent price growth.”
When looking in and around Brisbane for the best location, however, it’s a contentious topic.
Right Property Group’s Victor Kumar pointed to best buying in <a target="_blank" href="/news">Logan</a>, an area that has a stigma with the locals and that he sees as undervalued as a result.
With townhouses up for $180,000 receiving rent of $240 to $250 a week, or around 7% yield, Right Property Group has purchased between 45 and 50 properties for clients over this year.
“The very first thing when you’re buying in Logan is that it’s a street by street thing and you need to avoid the flood streets,” Kumar explained.
“The whole of Logan didn’t go under and it’s easy to see on the Council websites where the flood zones are.”
For this reason, insurance premiums can also be a little higher.
Pressley, however, warns against buying in Logan noting that the numbers may look attractive to interstate buyers but that the opportunities are not as they seem.
“Logan has copped a bit of airplay. I personally don’t invest there."
“It’s traditionally had higher unemployment than the national average of Queensland’s capital, a low socio-economic demographic and, historically, crime and those sorts of things. It’s a mortgage belt area and has a lot of attraction from a less sophisticated investor with the low-entry point, particularly with people that aren’t local to Brisbane,” he said.
He said that it mirrors the area out in Sydney’s western suburbs, and this is why he does not invest there.
However, Kumar said that this is exactly the reason that he has turned his attention to the area.
“It’s just like western Sydney. There’s huge tenant demand and it has a stigma to the locals that is fading. It will turn a full circle in five to seven years,” he said.
“We’re already seeing growth. There’s one really easy way to find out whether there’s a sudden spur of activity and it’s when agents start not returning your calls. October last year we could put any price on it and now we have to be more realistic.”
Asked why other investors in Brisbane might not see Logan in the same light, he said it was once again the stigma.
“There’s one simple reason for that. You can’t see the woods for the trees. If you’re there you’re not seeing the changes that are happening in the areas. We’re coming in from an outside perspective and we’re seeing the fundamentals without the stigma."
“The cause for the stigma is part of basic investing in terms of fundamentals; you want to invest in areas with stigma where the cause has long gone. This is an area where locals haven’t caught up and the price hasn’t either.”
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Brisbane tipped for growth but jury out on best location

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The successful auction of 10 out of 12 rural properties compulsorily acquired for the abandoned Traveston Dam project could signal a revival of the property market in the Mary Valley, north of Brisbane.

The 12 properties were being sold by the Queensland Government which bought them along with 466 others in 2007 for the dam project which was eventually scuttled by Pater Garrett – the environmental minister at the time.

Of the 12 properties taken to auction, nine sold under the hammer and one sold in post-auction negotiations.

Prices for the predominantly grazing land ranged from $310,000 to $840,000.

The properties were sold by three different agencies – John Bambling from Bambling Rurual, Lex Townsend from Professionals Gympie and Matthew Condon from Landmark Harcourts Gympie.

Reports varied but there were anywhere from 200 to 400 people there on the day in what was a surprisingly strong turnout for the agents. 

“We think it was a terrific result in the context of our current market because it’s been so poor for the past couple of years. The prices on auction day were better than expected for the current market for rural properties,” Amanda Bambling told Property Observer.

Many of the properties sold to local buyers though some went to interstate investors. None of the properties sold to previous owners. Agents say it’s a sign of things to come in the area.

“It’s a good indication. There haven’t been many rural sales for quite a few years because of all the government owned up here. It’s a good here for the area and it’s good to see those places get back into production and be utilised,” Townsend said.

“The area we are selling is quite a sought after area, only minutes from Noosa and Sunshine Coast and Brisbane. I think it will pick up. 

“Once people see these sales they’ll be a little more confident to spend. There won’t necessarily be more dollars but there should be more sales. They have something to base it on.”

In 2012 the Newman government said the properties acquired by the Bligh government for $445 million were now worth just $220 million.

Saturday’s auction suggests prices haven’t dropped quite that far. Although previous sale prices were not released, agents said the properties sold for a lot more than half their previous prices.

The $1.7 billion dam which was initiated in 2006 after a prolonged drought. It would have held 153,000 square kilometres of water but was denied approval from the federal government following extensive environmental concerns.

Saturday’s sales:
{yoogallery src=[images/stories/2013/09/03/sept3coles]}
 Bambling Rural - John Bambling

687 Coles Creek Road, Coles Creek 74.4 hectares - $535,000

2433 Bruce Highway, Coles Creek 37.61 hectares with dwelling - $425,000(pictured above)

568 Coles Creek Road, Cooran 41.65 hectares with dwelling - $625,000 (pictured below)

830 Coles Creek Road, Coles Creek 2 hectares with dwelling – passed in at $312,000
{yoogallery src=[images/stories/2013/09/03/sept3coo]}
The Professionals Gympie - Lex Townsend

388 Kandanga Creek Road, Kandanga 8.09 hectares with dwelling - $320,000

Lot 2 Bergins Pocket Road, Kandanga 30.65 hectares - $454,000

172 Ironstone Creek Road, Tuchekoi 102.5 hectares - $595,000

245-437 Newspaper Hill Road, Belli Park 123.53 hectares with dwelling - $840,000

Landmark Harcourts Gympie - Matthew Condon

45 Frayne Road, Amamoor 7.85 hectares with dwelling – sold after auction for $310,000

Lot 11 Summerville Road, Kandanga 58.51 hectares with dwelling – $405,000 

80 Traveston Crossing Road, Kybong 38.06 hectares – passed in

199 Melawondi Road, Melawondi 38.06ha with dwelling – $506,000

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Traveston Dam auctions signal possible market revival

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Brisbane’s popular suburb of Carindale is out of reach for many buyers but buying a house in Tingalpa, just seven kilometres away, is 33% cheaper, according to Westpac.
Westpac has compiled a list of ten Brisbane suburbs where it’s cheaper to buy than in their more popular neighbouring suburbs.
Click to enlarge
<a title="Click to enlarge" href="/images/stories/2013/08/brisbane-house-aug-27-big.gif" rel="shadowbox"><img src="/images/stories/2013/08/brisbane-house-aug-27-small.gif"></a>
The hidden gem suburbs are close to the popular suburb but have a lower cost median house or unit price. The most popular suburbs were determined by the most searched for suburbs on realestate.com.au.
“Buyers who want to truly own their home sooner can find real value by simply considering a suburb which is just a stone’s throw away from their first preference,” says Westpac’s Gai McGrath.
With a median house price of $1.02 million New Farm is out of reach for many buyers but nearby Kangaroo Point is 38% cheaper. For units Fortitude Valley is a better alternative to New Farm with median prices 16.5% less.
If you wanted to buy a unit in the seventh most popular suburb in Brisbane, Redcliffe, you could consider travelling just four kilometres down the road to Kippa-Ring where the average unit price is 21% cheaper.
You could own your home 13 years and one month sooner and save $66,436 in purchase price and $91,535 in interest repayments over time, according to Westpac.
Click to enlarge
<a title="Click to enlarge" href="/images/stories/2013/08/brisbane-units-aug-27-big.gif" rel="shadowbox"><img src="/images/stories/2013/08/brisbane-units-aug-27-small.gif"></a>
<hr>
Image courtsey of <a id="yui_3_7_3_3_1377754463409_929" href="https://www.flickr.com/photos/bertknot/">Bert Knot</a>/ flickr.
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Brisbane's most popular suburbs too expensive? Try the 10 hidden gem suburbs

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A five-bedroom architecturally designed property in Jollys Lookout is scheduled to go under the hammer on September 14.
Located at 948 Mt Nebo Road, the property sits on 21 hectares and offers views to Moreton Bay and the Glass House Mountains.
Designed by Dion Seminar Architects, the Asian-influenced home features imported large timber doors, 140-year-old imported polished teak timber floors and a landscaped courtyard with stone monuments and water features.
The residence comes with a home theatre with an automated blackout ceiling and retractable walls as well as a commercial grade kitchen.
Property Observer featured the home in its <a href="https://www.propertyobserver.com.au/design/cool-off-with-queensland-s-hottest-infinity-pools" target="_blank">hottest infinity pools</a> story back in January.
The property last traded in 2011 for $3.3 million.
Victor Sabados of Champ Realty says the property has received a lot of interest, but with a national marketing campaign kicking off today, the next week will say more.
It is listed with price expectations in excess of $4 million.
<a href="https://www.propertyobserver.com.au/data-map?utm_source=Property+Observer+List&amp;utm_campaign=bed190e75c-June_17_1_29_2013&amp;utm_medium=email&amp;utm_term=0_a523fbfccb-bed190e75c-" target="_blank"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/stories/2013/07/yieldsbanner.jpg" alt="yieldsbanner" width="470" height="127"></a>
Victor Sabados of <a href="https://www.propertyobserver.com.au/https://www.champrealty.com.au/property/details/19" target="_blank">Champ Realty</a> has the listing.
Jollys Lookout is located 35 minutes from the Brisbane CBD.
<a href="https://www.propertyobserver.com.au/residential/trophy-homes/" target="_blank"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/stories/2013/08/PO_Strap_new.jpg" alt="PO_Strap_new" width="470" height="60"></a>
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