Australia’s housing debate has rarely been more urgent. The National Housing Supply and Affordability Council forecasts the country could fall around 262,000 homes short of housing needs by 2029, underscoring the scale of the challenge facing planners, governments and developers.

In response, much of the conversation has centred on high-density towers around transport corridors and strategic centres.

Diversified developer Coronation Property, while also focused on well-located, strategic sites, is incorporating an arguably underutilised typology, the terrace.

Difficult to integrate into true high-rise developments, terraces have become a defining feature of Coronation’s lower-rise portfolio, including projects in Ashbury and Erskineville. <a href="https://www.apartments.com.au/buildings/ashbury-terraces-165-171-milton-street-ashbury-nsw-2193">Ashbury Terraces</a> places a stronger emphasis on this housing type, forming part of a broader community mix.

At its Erskineville development, <a href="https://www.apartments.com.au/new-apartments/lillian-erskineville-9-metters-street-erskineville-nsw-2043">Lillian</a>, terraces are more limited, with just a handful&nbsp;included within the wider, predominantly apartment-led precinct, one of the first developments to launch in Erskineville in several years.

[smartcode_project:default project_id=135149 project_image_fid=368392]

Terrace residents at Lillian benefit from many of the same advantages as apartment owners, the lock-up-and-leave lifestyle and access to shared amenities like the rooftop wellness space, but with significantly more space.

Spanning multiple levels, the terraces also feature front and rear courtyards, providing direct access to the central landscaped gardens within the precinct.

<h3 data-end="212" data-section-id="1n97jye" data-start="191">The terrace model</h3>

Terrace housing has long been part of Australia’s urban fabric. From Paddington and Surry Hills to Glebe and Annandale, rows of terrace homes have shaped neighbourhood streets, offering a housing form that sits between detached houses and apartments.

The contemporary terrace, however, addresses many of the limitations of older designs, where narrow staircases and constrained layouts often compromised liveability.

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“Terraces represent one of the city’s most intelligent housing models,” says Joe Nahas, Managing Director of Coronation Property.

“They deliver density without losing the human scale that makes neighbourhoods liveable. In many ways, they provide a bridge between the Sydney we know and the Sydney we need to build. If Sydney is going to grow well, it can’t rely on towers alone.”

<hr data-end="1090" data-start="1087" />
<h3 data-end="1124" data-section-id="1a7l0gw" data-start="1092">The evolution of the terrace</h3>

That thinking has shaped Coronation’s approach at Ashbury Terraces, where the terrace typology has been reinterpreted for modern living.

Designed by SJB, the project recently received recognition at the 2026 Better Future World Design Awards, acknowledging its architectural clarity and response to the surrounding suburban context.

SJB Director Adam Haddow says the intent was to evolve a familiar housing form rather than reinvent it.

“The terrace is one of Sydney’s most familiar housing forms, so our approach at Ashbury was to reinterpret that typology in a contemporary way,” Haddow says.

“The homes are designed to sit comfortably within the existing neighbourhood while introducing more light, landscape and shared spaces that support modern living.”

Ashbury Terraces combines terraces, apartments and penthouses across a series of low-rise buildings, integrating contemporary architecture with landscaped communal spaces and resident amenity.

That same typology is now being carried into Coronation’s Lillian development in Erskineville, where a smaller number of terraces sit within a predominantly apartment-led precinct.

<hr data-end="2269" data-start="2266" />
<h3 data-end="2289" data-section-id="cazuws" data-start="2271">Buyer response</h3>

Coronation’s decision to include terraces at Lillian was informed by strong buyer feedback from Ashbury Terraces, where purchasers were drawn to the flexibility and scale the housing type offers.

One resident, Sweta Pursem, purchased a terrace as a single buyer, citing its long-term versatility.

“As a single buyer, it might seem surprising that I chose a terrace over an apartment, but I was thinking long term,” Pursem says.

“The terraces are incredibly versatile, catering to a range of lifestyles while still offering the space and privacy of a house.”

For Pursem, the multi-level layout provides a level of functionality not typically found in apartment living.

“Having a separate living area from the bedroom and home office makes everyday living feel both functional and comfortable. When friends and family come to visit, the layout gives a sense of privacy while still feeling open and spacious.”

Her terrace also supports a more connected, lifestyle-driven way of living.

“I love entertaining, and the courtyard is ideal for relaxed weekend drinks with friends. I tend to use each level differently throughout the day, it creates a natural rhythm between work, downtime and entertaining, which I didn’t have in apartment living.”

Ashbury Terraces is now complete and ready to move in, while Lillian in Erskineville is under construction and expected to welcome residents in mid-2027.

Joel Robinson

Coronation champions terraces as a key piece of Sydney’s housing mix

Private equity real estate firm Conquest has entered into a $220 million partnership with Woolworths’ development arm, Fabcot, to deliver its long-awaited Waterloo project on Bourke Street.

The Bourke Street development was first flagged by Fabcot back in 2021 as part of its push into Sydney’s residential market. However, progress has since stalled, with no activity on site amid a number of design revisions in consultation with the City of Sydney.

<a href="https://www.apartments.com.au/developers/conquest">Conquest</a>, which is actively planning more than $6 billion worth of new developments, predominantly mixed-use precincts, is now set to move the project forward.

The current plans include between 110 and 120 apartments across two buildings designed by Bates Smart at <a href="https://www.apartments.com.au/new-apartments/923-935-bourke-street-waterloo-nsw-2017">923 Bourke Street</a>. The scheme will incorporate a portion of apartments reserved for key workers, alongside premium commercial space at ground level, including a full-line Woolworths supermarket.

Construction is expected to commence in the second half of 2026.

Michael&nbsp;Akaawi, CEO of Conquest, said the partnership reflects the firm’s commitment to "convenience-led" urban renewal."

"We are preparing to commence construction in the second half of this year," Akaawi says.

"Along with Woolworths, we look forward to delivering the first major supermarket to the growing Waterloo community, integrated with premium new apartments and specialty retail shops. Our focus is on creating a seamless lifestyle hub where essential services are at the doorstep, saving residents time and enhancing their quality of life."&nbsp;

<img alt="Conquest" data-entity-type="file" data-entity-uuid="d8beee83-ef9b-446b-a3b3-1e2fe596512b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-01%20at%2011.08.46%E2%80%AFAM.png?VersionId=raYhGepiLUJfx4InLPRRJduA3ftDJ_kS" />

The news comes just a week after Conquest went to the NSW Government to upsize its plans for Castlecrag's Quadrangle Shopping Centre.

Conquest purchased the site for just shy of $70 million last year, with existing plans in place for a mixed-use residential and retail precinct comprising 38 luxury apartments.

Those plans have now been significantly expanded, with the developer lodging a State Significant Development Application with the NSW Government’s Housing Delivery Authority for 150 apartments across two 11-storey buildings. The apartments will sit above a four-storey podium, incorporating specialty retail tenancies and five levels of basement car parking, on the 5,166 sqm site at&nbsp;<a href="https://www.apartments.com.au/new-apartments/100-edinburgh-road-castlecrag-nsw-2068">100 Edinburgh Road</a>.

Conquest has been increasingly active in the development space in recent years. The group acquired the&nbsp;<a href="https://www.apartments.com.au/developments/eastlakes-nsw-2018">Eastlakes</a>&nbsp;Shopping Centre redevelopment, where it plans to deliver more than 1,000 apartments above a new retail precinct, and has also lodged a $900 million State Significant Development Application for a&nbsp;<a href="https://www.apartments.com.au/news/nsw/conquest-unveils-900m-stanmore-village-vision-for-landmark-inner-west-site">mixed-use precinct in Stanmore</a>.

Conquest partners with Woolworths to deliver mixed-use Waterloo project

A shift away from Sydney’s industrial past has left parts of the inner south defined by contrast, brick warehouses repurposed into dining precincts, former factory streets softened by landscaping and pedestrian activity.

Rosebery is one of those suburbs. Over the past decade, it has undergone significant gentrification, anchored by The Cannery, which has helped reposition the area as one of the inner city’s most sought-after lifestyle pockets.

What hasn’t kept pace with that transformation is new residential supply, which has remained relatively limited. Builder-developer Deicorp identified that gap early, securing a site in 2019 and delivering what is now one of the suburb’s most architecturally distinctive developments.

To realise the vision, Deicorp engaged Candalepas Associates to design The Rothschild, a project that is immediately recognisable from the street.

Completed in 2025, The Rothschild comprises two buildings across Rothschild and Mentmore Avenues, delivering 176 apartments. The development replaces a former industrial site, retaining a material and structural dialogue with its past while introducing a more resolved residential framework. The scale is deliberate but not monolithic, broken into forms that engage both street frontages, with retail at ground level and two levels of basement parking below.

[smartcode_project:default project_id=106843 project_image_fid=221665]

From the street, the architectural intent is clear. Off-form concrete columns run through the façade, establishing a repeated structural rhythm that gives the building its visual weight. These are paired with deep-set arches and sections of exposed brickwork, creating a layered elevation that reads less like a typical apartment block and more like a reinterpretation of industrial architecture.

The material palette is intentionally restrained, with concrete left exposed and brick used to define mass rather than decoration. The result is a building that stands out through proportion and repetition, rather than height or glazing.

This approach continues internally. A central landscaped courtyard sits between the two buildings, anchored by an olive grove that acts as both a visual and spatial focal point. Rather than functioning as residual space, the courtyard is designed as a shared ground plane, where circulation paths, seating areas and planting come together to create a usable communal environment. Its positioning allows natural light to penetrate deep into the site while maintaining separation between residences.

[smartcode_project:default project_id=106843 project_image_fid=221666]

Within the apartments, the planning follows a clear and functional logic. Entry points lead directly into open-plan living areas, with kitchens positioned as central elements alongside dining and lounge spaces. These zones extend to balconies or external openings, maintaining a visual connection to either the courtyard or the street.

Kitchens prioritise practicality, with generous bench space, ample storage and European appliances configured for everyday use. Bedrooms are typically set back from the main living areas, creating quieter zones within each residence, with separation achieved through layout rather than material change. Bathrooms are compact but efficient, incorporating mirrored cabinetry and integrated storage to maximise space. Across all residences, the emphasis is on clarity of movement and functional planning.

[smartcode_project:default project_id=106843 project_image_fid=221669]

At ground level, retail and hospitality uses extend the building’s presence beyond its residential function. A café or restaurant space, alongside communal amenities such as a music room and rooftop areas, positions the development as part of a broader urban network rather than a standalone project. These shared spaces reinforce a lifestyle where the building operates as an extension of the surrounding neighbourhood.

Rosebery’s proximity to Green Square, The Cannery and nearby parklands supports this model of living, where much of daily life is within walking distance. The Rothschild sits comfortably within that network, contributing to the streetscape through its distinctive architecture, while internally organising space around light, structure and communal use.

The Rothschild is now complete and ready to move in, with limited residences remaining.

[smartcode_project_cta:default project_id=106843]

The Rothschild reinterprets Rosebery’s industrial DNA into residential form

KTQ has unveiled&nbsp;<a href="https://www.apartments.com.au/new-apartments/casilia-16-marine-parade-coolangatta-qld-4225">Casilia</a>, the final residential release within the Kirra Point precinct which really kicked off the boom in the area back in 2019.

The final stage comprises&nbsp;87 residences and marks the culmination of a long-term, family-led vision for Kirra Point, as the precinct moves toward completion in tandem with the development.

Around $100 million in sales have been achieved already, close to 35 per cent of the residences secured ahead of launch. There have been a significant number of buyers returning from the first stage of the development, Miles Residences, securing another property within Kirra Point.

[smartcode_project:default project_id=152295 project_image_fid=368410]

Selling agent Tim Keenan from Keenan Byrne said the response reflects both the scarcity of the offering and Kirra’s growing reputation as a premium coastal market.

“This is effectively Kirra’s final act, the last release within what has become one of the Southern Gold Coast’s most tightly held beachfront precincts,” Keenan said.

“We’ve seen exceptionally strong pre-sale interest, from VIP waitlists through to off-market enquiry, which speaks to both the quality of the product and the confidence buyers have in the precinct. What’s particularly compelling is the number of buyers returning from Miles, either upgrading or investing again, which is a strong signal of how the precinct has been received."

Keenan adds that at the same time, north-facing beachfront remains exceptionally rare in Australia, limited to places like Noosa, Byron and Kirra, which is underpinning long-term value.

[smartcode_project:default project_id=152295 project_image_fid=368415]

Positioned along one of Australia’s few true north-facing beaches, Casilia offers a mix of two and three-bedroom residences with pricing ranging from $1.87 million to $7.15 million and two exclusive penthouses. Residences are oriented to capture varying outlooks, from uninterrupted Pacific Ocean views across Kirra Beach to hinterland vistas, with upper levels and shared amenity taking in sweeping perspectives along the Gold Coast coastline.

At rooftop level, a north-facing pool deck captures expansive, uninterrupted views over Kirra Beach and north towards Surface Paradise. The space incorporates a heated resort-style pool, mineral spa, sun lounges and a covered BBQ cantina.

Buyer profiles are broad, typically aged between 40 and 70, with a strong skew toward second-home ownership, drawn by a combination of lifestyle, relative value, proximity to Gold Coast Airport and lower congestion compared to more established markets such as Byron Bay and Noosa.

[smartcode_project:default project_id=152295 project_image_fid=368414]

The project is being delivered by <a href="https://www.apartments.com.au/developers/ktq-group">KTQ Group</a>, a family-owned Australian property group with a diverse portfolio spanning residential, hospitality and commercial developments. The group has delivered a number of notable projects across sectors, including the award-winning Elements of Byron resort, demonstrating its depth of experience across both hospitality and residential development.

Known for its long-term approach to place-making, KTQ Group retains a vested interest in its projects, often holding assets within its portfolio, which has also helped build trust among buyers and reinforced confidence in both the vision and delivery certainty of the precinct.

“Casilia represents the final opportunity to secure a residence within Kirra Point and brings to market the last release within our long-term vision for the precinct," KTQ Group's Jeremy Holmes said.

"Kirra Point has been more than a decade in the making, and that timeframe reflects the care behind each decision, it takes listening, balance and vision to arrive at something that feels right for the location.

“Our approach has always been to deliver Kirra Point as a destination in its own right, a connected coastal neighbourhood integrating residential, hospitality and wellness, rather than a standalone project. It’s a vision that respects place, pace and permanence, and contributes to a sense of community that feels authentic to Kirra.”

[smartcode_project:default project_id=152295 project_image_fid=368411]

Once complete, the Kirra Point masterplan will incorporate a mix of dining establishments, bars and cafés, alongside the Kirra Point Health Club and a future 91-room independent resort hotel, creating a walkable, integrated lifestyle precinct.

Architecutue and interiors at Casilia have been designed by the experienced design houses of <a href="https://www.apartments.com.au/architects/little-boat-projects">Little Boat Projects</a> and O’Neil Architecture &amp; Interior Design, The design moves beyond the conventional coastal apartments, instead taking cues &nbsp;from the surrounding landscape - layering natural materials, soft curves and warm textures to create spaces that respond to light, airflow and the rhythms of coastal living.

Residences are designed with an array of floorplates, generous proportions and intuitive flow, while at ground level Casilia connects into the broader precinct, where future laneways, retail and hospitality offerings will contribute to a neighbourhood defined as much by how people live day-to-day as its beachfront position.

[smartcode_project_cta:default project_id=152295]

The final residential release within the Kirra Point masterplan is set to launch, as strong pre-sales signal sustained demand for the Southern Gold Coast

A decade in the making: KTQ launches Casilia at Kirra Point

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]

Gardner Vaughan brings Bronze on Chevron to market as Gold Coast debut

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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Unit prices in Brisbane have remained steady over the last year, according to the latest Real Estate Institute of Queensland (REIQ) data report.
Some 1060 unit sales were recorded over the March quarter. The median unit price stands at $390,000, which is the same figure as last quarter.
The $396,000 annual median unit price to March 2013 represented a 0.8% decrease on the $399,000 last March.
Suburbs that recorded significant growth included Kangaroo Point.
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Brisbane unit prices steady over March quarter: REIQ

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Sales activity of units and townhouses in Queensland have increased over the past year, with Cairns, Gold Coast and the Sunshine Coast the strongest performers, according to the latest preliminary report by REIQ.
The number of unit sales in the March quarter increased by 2% when compared to the same period last year.
“The popularity of units and townhouses in our major tourist precincts has returned,” says REIQ chief executive officer Anton Kardash.
The sale of units and townhouses in Cairns increased by 54.5% when compared to the March quarter last year, with the strongest activity seen in the sub $250,000 price bracket.
The Sunshine Coast increased by 22.6% sales with growth in activity in the $350,000 to $500,000 price bracket.
The Gold Coast sales activity increased by 19.4% compared to the March quarter last year, with an increase in recorded sales in the $250,000 to $350,000 price range, as well as in the upper-end market.
“These areas have experienced the highs and lows of the GFC and the strength of the Aussie dollar, more than most over the past four years so it is heartening to see them stepping back into light.
“Many of these areas have become more affordable, even those with unique seaside locations, so this is no doubt spurring buyers into action before the tide has turned to the positive completely.”
Sales within the prestige market on the Gold Coast have increased nearly 30% when compared to the same period last year.
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Increased sales activity as unit and townhouse demand strengthens in Queensland: REIQ

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Gold Coast property owners - who are  in some cases years behind on their rates payments - face the prospect of losing their homes unless they enter into a payment plan with the Gold Coast City Council.
The Gold Coast City Council is owed around $73 million in unpaid rates and water bills in 23,950 overdue accounts - around 10% of the 241,548 properties the council rates.
Council will seek approval to sell 180 properties to recover some of the lost revenue.
Five houses were sold by the council in 2012 for the recovery of rates, but none were sold in 2011,2010 or 2009, reports the Gold Coast Bulletin.
There were two properties sold by the council in November, 2007, seven properties sold in May, 2008 and five houses sold by the council in March last year.
In some instances, ratepayers are in arrears whilst owning their homes outright.
The amount owed to the council in unpaid rates and water bills increased following the GFC, but has recently been reducing as the market shows tentative signs of recovery.
The Gold Coast property market – particularly the high-rise apartment market – was one of the worst hit property markets following the financial crisis with sales stalling and values tumbling.
House prices have started recovering this year though units continue to struggle.
According to the latest Prodap Report, average Gold Coast house price rose from $515,941 to $554,263 (7.4%) in the March 2013 quarter, partially reversing an 8.4% fall over 2011 and 2012 combined.
In contrast the unit market fell by 3% in the March quarter, based on 895 settlements following falls of 11.3% of the past two years.
Prodap Report author Bill Morris expects the Gold Coast property market to start recovering from 2015 in line with a seven year recovery cycle.
Chairman of the council’s finance committee William Owen-Jones said the decision to sell the homes was the last resort after years of chasing ratepayers to make payments or enter into a payment arrangement with the council, if they are in financial distress.
He said the preference was always to enter into a negotiated arrangement for those struggling to make their payments rather than undertake a recovery action.
Should the council seek to recover rates through the sale of a property, a reserve price for each land parcel is set by chief executive Dale Dickson.
Property owners have until the morning of the auction to enter a payment plan or arrangement with the council.
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Gold Coast City Council seeks to sell 180 homes as last resort to reduce $73.5 million rates arrears bill

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A one-of-a-kind family home in Balmoral, Queensland is for sale.
Gail Babbage has listed her circular four-bedroom home with three bathrooms.
It used to be a water tank - part of the Balmoral Reservoir.
Its conversion into the unique property in the 1990s was undertaken by the architects Conrad Gargett Riddell.
The house has concrete walls, and features three levels with a hollow centre. The entrance is on the ground level via a normal door.
A garage and play areas are also on the ground floor. Windows are strategically placed, as the property offers beautiful views all around.
On the upper levels are the bedrooms and bathrooms, kitchen, and dining area with a fireplace. There are also open balcony areas offering 360-degree views of the city.
The master bedroom also has a private office that can be accessed by internal stairs.
The <a target="_blank" href="https://www.eplace.com.au/property.cfm?propertyID=2342010&amp;realestate=11_Apex_Street_Balmoral_QLD_4171">property</a> is listed through Sarah Hackett of Place Real Estate.
The house went to May 9 auction but did not sell. The tank is 900mm thick reinforced concrete at the base tapering off to 200mm thick at the top, with an  industrial structure facade designed to stand the test of time.
"There were three registered bidders, but it didn't sell as we're trying to get the best possible price for the owners," Hackett told Property Observer.
Hackett revealed bidding began at $2 million and ended at "the very early $2s [million]."
She added that the property's main value is land value. While the water tank itself is hard to price, she reiterated that the views are second to none.
According to the <a target="_blank" href="/news">latest report by RP Data</a>, the median house price in Balmoral currently stands at $800,000, up by 9.6% on last year. The average discount required a sell a house is 8.1%, and private treaty sales average 104 days on market.
The median asking rent for houses is $598 a week, and the average rental yield stands at 3.9%.
<img alt="trophyhomesstrapone" src="/images/stories/2013/05/trophyhomesstrapone.jpg" width="470" height="57">
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Formerly part of Balmoral Reservoir, converted Brisbane water tank house listed

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There are some signs of an improvement in the Brisbane property market with a number of suburbs south and north of the city offering good investment options around the median house price, says property valuers Herron Todd White.

The median house value in Brisbane is around $442,000 according to RP Data-Rismark with values up just 1.4% over the past 12 months.

“Brisbane remains fairly price accessible despite some anecdotal strengthening this year, says Herron Todd White in its May market wrap.

“There is a slight spring in the step of agents although few are putting a deposit down on a Bentley just yet. 

“Enquiry is up and open homes are more crowded in most instances.”

Herron Todd White writes that market sentiment “seems to be improving with agents reporting greater interest but they still need to work at getting together the buyer and seller on a contract”.

However, there are few signs recent interest rate cuts have resulted in a spike in the number of sales. 

“Any median priced buyer would have great options available and if you’re cashed up and ready to move, then you’d be an attractive option for sellers.

“For detached homes, you will be within the five to 10 kilometre radius of the CBD. 

“This isn’t bad for a capital city and despite the common complaints about rush hour you would be hard placed to locate a commuter who considers 10 kilometres to be an inaccessible distance from the CBD. 

For those looking south of the city, Herron Todd White recommends the suburbs of Tarragindi, Holland Park and Salisbury  where planned infrastructure works and pending town planning changes will make them “even stronger as options for the median priced buyer.

“A typical three-bedroom, three-bathroom post-war cottage on an average size allotment will fall within the $350,000 to $400,000 price bracket. 

“The home may not set your heart a-flutter, but it will rent and should prove a solid investment over the medium to long term. Many of these properties do have renovation potential, but this style of house will mean a reasonable sized living area,” says Herron Todd White

There are also opportunities north of the city, but a little further rout.

“Perhaps you’ll pick up some older stock in McDowall or a touch closer in. 

“Less traditionally sized allotments might help your price-point if you were to move closer to the CBD and wanted to be in a well serviced location, but renovation is highly likely.

Apartments are a more affordable investment option for those who don’t want to head further away from the city.

“For somewhere over $300,000 you will get yourself a 1980s two-bedroom unit that will find a ready tenant base and should prove very accessible to transport and services. 

“Try the areas of Coorparoo and Greenslopes on the south side or perhaps the student accommodation end of St Lucia and Indooroopilly/Taringa. The trip to the city centre isn’t that far and you will have no trouble finding somebody to take on the lease.”

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Brisbane property market improving with good investor opportunities around the median price: Herron Todd White

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Once a boom mining town housing over 3,000 people before the local nickel mine closed, Greenvale, in the Dalrymple shire in Queensland, is now home to just 289 residents according to the latest census data. 
Yesterday, Terry Ryder wrote in his <a href="https://www.propertyobserver.com.au/residential/smart-investors-diversify-across-australia-s-many-different-property-markets-terry-ryder-hotspotting/2013060361880?utm_source=po&amp;utm_medium=aida&amp;utm_campaign=upperright" target="_blank">column</a> published in Property Observer that he met a man at the Brisbane Home Buyer and Property Investor Show who once owned 30 units and 16 houses in Greenvale at the height of the mining boom. 
When the mine closed down and the train line was removed, he then had to sell his properties for a song. 
Ryder highlighted this as a reminder that investors should not put all eggs in one basket. Instead, he recommends “having a geographical spread” of investment properties. 
Located approximately 220 kilometres northwest from Townsville, Greenvale lies on the banks of the Burdekin River on Gregory Developmental Road. It once had a nickel mine with ore carried by train to a processing plant in Yabulu between 1974 to 1993. The railway tracks were removed in mid-2000. 
Despite the fact that nickel mining operations have ended, more mining operations in the area have commenced. In particular, north Queensland mining company Metallica Minerals Ltd discovered one of the world’s largest deposits of the rare earth, Scandium, at a former Greenvale nickel mine. They are planning to launch the <a href="https://metallicaminerals.com.au/sconi" target="_blank">SCONI project</a> in the near future. 
Scandium is vital for making solid oxide fuel cells, which are used for generating electricity from natural gas and renewable fuels. 
With Metallica Minerals Ltd looking to reopen the mine, Lisa Palmer of Raine and Horne Charters Towers is optimistic about the Greenvale property market. 
“It’s not a hot market; it’s a specialist area. It’s not something that’s going to sell overnight. With the prospect of the mine opening, in the next six to twelve months investors will be more interested in these areas,” she told Property Observer. 
Palmer adds that movement in the market mostly comes from home owners who have decided to move on, or investors looking to buy in the area. 
While Greenvale is only about 220 kilometres from Townsville, Palmer feels the area is best for retired couples, young families who enjoy being away from the city, or people working in the grazing industry who are looking to be close to their place of work. 
According to the <a target="_blank" href="/news">latest report by RP Data</a>, an average discount of 10.9% is required to sell a house in Greenvale, and private treaty sales average 48 days on market. 
 
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Properties listed for sale in Greenvale include: 
<a target="_blank" href="https://www.reiq.com/House/for-sale/greenvale/2505369.aspx">8 Tristana Court</a>, a four-bedroom house listed for $185,000 by Raine &amp; Horne Charters Towers. The house last sold for $120,000 in 2008. It was also listed for sale in the same year for $145,000; and again in 2010 for $160,000 according to RP Data records. 
<a target="_blank" href="https://www.reiq.com/House/for-sale/greenvale/2504287.aspx">4 Grevillea Court</a>, a three-bedroom house (pictured below) listed for $100,000 by Raine &amp; Horne Charters Towers. The house last sold for $35,000 in 2004, and was sold at $69,990 in 1996.
<img src="/images/stories/2013/06/woollahrajune5one.jpg" width="470" height="262" alt="woollahrajune5one">
<a href="https://www.reiq.com/House/for-sale/greenvale/2163881.aspx">12 Grevillea Court</a>, a three-bedroom house listed for $260,000 by Jensen’s Real Estate &amp; Livestock. The house last sold for $105,000 in 2005. It has been listed for sale since March 2010. 
<a target="_blank" href="https://www.realestate.com.au/property-unit-qld-greenvale-113061431">2 Hakea Court</a>, a two-bedroom unit (pictured below) listed for $120,000 by Ray White Townsville. The unit last sold for $40,000 in 2011, and was also sold for $30,000 in 2007 according to RP Data records.
<img src="/images/stories/2013/06/greenvalejune5two.jpg" width="470" height="286" alt="greenvalejune5two">
<a target="_blank" href="https://www.realestate.com.au/property-apartment-qld-greenvale-109490016">7 Hakea Court</a>, a two-bedroom unit listed for $115,000 by Jensen’s Real Estate &amp; Livestock. The unit last sold for $41,000 in 2011, and was also sold for $42,000 in 1996. It has also been listed for sale since February last year. 
Properties that have recently been sold in Greenvale include: 
<a target="_blank" href="https://www.realestate.com.au/property-house-qld-greenvale-111379103">8 Grevillea Court</a>, a three-bedroom house (pictured below) that sold for $87,000 last year. The house was sold in 2005 for $52,000, in 2004 for $27,000, in 2002 for $22,000, and in 1997 for $69,990. It was also listed for sale in 2008 for $170,000, according to RP Data records.
<img src="/images/stories/2013/06/greenvalejune5three.jpg" width="470" height="227" alt="greenvalejune5three">
<a target="_blank" href="https://www.realestate.com.au/property-other-qld-greenvale-108768196">1 Geranium Court</a>, a three bedroom house that sold for $89,000 last year. The house was sold in 2004 for $65,000, and in 1998 for $59,990 according to RP Data records.
Image of Greenvale railway track works courtesy of the National Library of Australia.
 
 
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Lessons from Greenvale, a former mining hotspot now tracking at a slower pace

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Australian adventurer and author Denis Bartell has listed his canal home on Bribie Island for $1.09 million.
The four-bedroom property on Banksia Beach was built by architect Brad McLachlan.
Situated on an 839-square-metre allotment, the property includes an in-ground pool and a 10-metre fully serviced pontoon.
“The moment you walk through the secure gatehouse, you will be overwhelmed by the attention to detail, design, fixtures and fittings throughout,” says listing agent <a target="_blank" href="https://raywhitebribieisland.com.au/qld/banksia-beach/969413/">Shane C Richards of Ray White</a>.
“There are many prestigious homes on the island attracting some of Australia’s wealthiest due to its privacy and secluded lifestyle,” says Richards.
The property has been on and off the market since 2008.
Bartell has raised tens of thousands of dollars for the Royal Flying Doctor Service and the National Breast Cancer Foundation.
The median house price in <a target="_blank" href="/news">Banksia Beach</a> is $475,000.
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Aussie adventurer and author Denis Bartell lists his Bribie Island home

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The champion jockey Jeff Lloyd is selling his five-bedroom waterfront villa overlooking the estuary at Hope Island on the Gold Coast.
More than $1.7 million - and as much as $2.1 million - is tipped for the house with marble bathrooms, a modern?kitchen and a pool.
The house has?Foreign?Investment Review Board approval for purchase by an offshore buyer.
Philip Chillemi of McGrath Surfers Paradise holds <a href="https://www.mcgrath.com.au/buy/house-hope-island-qld-4212/184768/?searchID=29495701" target="_blank">the June 30 auction listing</a>.
Lloyd recently returned from a racing stint in Hong Kong.
The jockey, who has won more than 4,500 races to date in his career, has been ill since his return when he intended to ride in the Brisbane metropolitan area.</body></html>

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Hope Island, Gold Coast champion jockey Jeff Lloyd is selling his five-bedroom waterfront villa

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A five-bedroom property in New South Wales Londonderry has been pushed to the top of this week’s top ten most discounted properties with a 44% discount, according to SQM Research.
The push comes after former list topper <a target="_blank" href="https://www.realestate.com.au/property-house-wa-fremantle-112917623">18 South Street Fremantle</a> went under contract.
The Londonderry property was first listed in August 2010 with a $2.3 million price tag.
After spending a whopping 959 days on the market, the Hughes Street property is now asking $1.29 million. 
The 2.83-hectare property is DA approved for a detached dual occupancy and farm shed.
Coming in second place with a discount of 43% is a one-bedroom Redbank Plains property.
The Barry Drive property was first listed in late February this year for $350,000 and after 84 days on the market has been slashed to $199,000.
Queensland continues to dominate the list with five properties listed, however SQM says although the bloodbath up north is over the aftermath may continue for some time to come.
The top ten discounted properties are
1.
 
<a target="_blank" href="https://www.realestate.com.au/property-other-nsw-londonderry-7296375">9 Hughes Street Londonderry 2753</a>
 
Days on the market: 959
Initial asking price: $2,300,000
Current asking price: $1,290,000
Reduction: 44%
 
2.
 
<a target="_blank" href="https://www.realestate.com.au/property-house-qld-redbank+plains-113103983">1 Barry Drive Redbank Plains 4301</a> 
Days on the market: 84
Initial asking price: $350,000
Current asking price: $199,000
Reduction: 43%
 
3.
 
<a target="_blank" href="https://www.realestate.com.au/property-house-qld-tangalooma-104624146">7 Cassidae Crescent Tangalooma 4025</a>
Days on the market: 1,511
Initial asking price: $1,495,000
Current asking price: $875,000
Reduction: 41%
 
4.
 
<a target="_blank" href="https://www.realestate.com.au/property-house-qld-lamb+island-112206275">4 Edgewater Place Lamb Island 4184</a>
Days on the market: 1,022
Initial asking price: $425,000
Current asking price: $249,000
Reduction: 41%
 
5.
 
<a target="_blank" href="https://www.realestate.com.au/property-house-qld-lamb+island-105155213">79 Perulpa Drive Lamb Island 4184</a>
Days on the market: 1,091
Initial asking price: $499,000
Current asking price: $298,000
Reduction: 40%
 
6.
 
<a target="_blank" href="https://www.realestate.com.au/property-other-tas-taranna-106879142">5756 Arthur Highway Taranna 7180</a>
Days on the market: 951
Initial asking price: $499,000
Current asking price: $299,000
Reduction: 40%
 
7.
 
<a target="_blank" href="https://www.realestate.com.au/property-house-qld-doolandella-112978863">38 Cloverdale Road Roolandella 4077</a>
Days on the market: 98
Initial asking price: $1,650,000
Current asking price: $1,000,000
Reduction: 39%
 
8.
 
<a target="_blank" href="https://www.realestate.com.au/property-house-wa-two+rocks-106211228">15 Gretel Two Rocks 6037</a>
Days on the market: 1,239
Initial asking price: $1,100,000
Current asking price: 699,000
Reduction: 36%
 
9.
 
<a target="_blank" href="https://www.realestate.com.au/property-house-tas-spring+beach-106968687">368 Rheban Road Spring Beach 7190</a>
Days on the market: 924
Initial asking price: $760,000
Current asking price: $500,000
Reduction: 34%
 
10.
 
<a target="_blank" href="https://www.realestate.com.au/property-acreage+semi+rural-tas-deep+bay-112954503">124 Sky Farm Road Deep Bay 7112</a>
Days on the market: 161
Initial asking price: $599,000
Current asking price: $400,000
Reduction: 33%
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Londonderry the new most discounted property as Fremantle, WA offering under contract: SQM

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Pastoralist Sir Graham McCamley has sold a 26,678-hectare section of his cattle station, Glenprairie, for $28 million.
The property, north of Rockhampton, was purchased by cattleman Peter Camm, who says he will sell off $20 million of his own Queensland properties to pay for the station, which he thinks is the best he’s ever seen.
McCamley, who is battling cancer, listed his property for auction in four separate portions early last year and Glenprairie is the first to sell.
In what was Australia’s biggest private rural property transaction, the cattle baron McCamley and his late wife, Lady (Shirley) McCamley, in partnership with Allen and Carolynne Nobbs, spent $106 million in 2005 buying the holdings of Glenprairie, Fitzroy Vale and Lake Learmonth, along with 26,000 head of cattle from Greek shipping tycoon Gregory Hadjieleftheriadis.
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