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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A holiday house on tropical Hamilton Island – known at The Whitehouse – is among the country's pricest rentals at $24,000 a week.
Located at 8 Melaleuca Drive, the six-bedroom, seven-bathroom residence can sleep a maximum of 16 people.
With imported marble floors throughout, the sunken lounge has electronic doors opening the view to the blue water of The Great Barrier Reef.
The house is split into two, with the north and south wing mirror images of each other.
The 900-square-metre residence sits on 6,286 square metres of manicured gardens and has a swimming pool and tennis court.
There is also a buggy garage that hosts three buggies, since they are the main form of transport on the island.
The Whitehouse traded in 2006 for $5.25 million and received an extensive makeover in 2007.
It resold in 2011 for $6.35 million, some $650,000 shy of the owners $7 million asking price.
It was sold after being <a href="https://www.hamiltonislandrealestate.com.au/pol/property/search.asp?f_propertyID=1625235&amp;xsl=4973" target="_blank">relisted for sale </a>earlier this year with a $7.5 million asking price.
The Whitehouse was built in the early 1990s by a group of Melbourne architects as an island getaway and rental investment.
If you choose to rent, the minimum stay at the property is one night.
A stay from Sunday to Thursday could cost you $3,500 a night or $7,000 a night if you stay Friday or Saturday.
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ntrotman-Et3xWpamVh

Summer rental holiday countdown: The Whitehouse on Hamilton Island

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Property owners and investors on Palm Beach on the Gold Coast are struggling to come to terms with the extent to which property prices have declined in the region since the GFC, according to a new report by PRDnationwide.
“Whilst many vendors acknowledge diminished capital values especially over recent years, and have priced their property accordingly, a large proportion of vendors remain under the illusion that their properties are undoubtedly worth more now than three to five years ago," says PRDnationwide analyst Robert Matta, author of the report.
“Whilst this may be the case for few properties in the area, this is definitely an extraordinary circumstance which has contributed to a lack of reasonable priced property on the market,” he says.
He also notes that buyers who purchased since 2007 are restricted by how much they can revise their pricing due to possible equity shortfalls.
“There is also evidence to suggest that unencumbered vendors have become increasingly reluctant to negotiate on the fire sale cash offers floating around in the market, which is exacerbating the level of well-priced stock in the market,” he says.
PRDnationwide’s investigation of the coastal area of Palm Beach, which includes the suburbs of <a href="/news">Palm Beach</a>, <a href="/news">Elanora</a>, <a href="/news">Currumbin</a>, <a href="/news">Currumbin Waters</a> and <a href="/news">Tugun</a> south of Surfers Paradise, reveals a marked  downwards shift in property values.
In June 2010 nearly two-thirds (65%) of properties that traded in the Palm Beach area sold for between $500,000 and $700,000, with the remainder trading between $400,000 and $500,000.
Figures for June 2012 show that only 45% of sales were in the $500,000 and $700,000, with the majority priced under $500,000
<img src="/images/stories/2012/12/prddec14.gif">
PRDnationwide recorded a small increase in residential sales in the Palm Beach area in the first half of 2012 with 220 sales negotiated, but says the market remained idle, “despite a marked correction in the median price over the past five years”.
For Palm Beach investors, the rental market has remained stagnant over the past three years, “with little to no movement in price growth across the house and unit markets”.
“Buying well is the key for investors to achieve a competitive rental yield in the marketplace with low rental price growth anticipated over the coming year,” says Matta.
According to Matta, active investors and owner-occupiers have become increasingly price-conscious, with the sub $350,000 price range accounting for 65% of the total sales recorded in the June 2012 period, in contrast to 35% recorded in the June 2010 period.
The unit market has been more resilient than the wider Gold Coast municipality, with a median unit price for June 2012 of $355,000.
Palm Beach rents range from $300 per week for a two-bedroom apartment to $490 per week for a four-bedroom house.
Elanora recorded the highest number of sales for the six month to the end of June with 67, up 20% one more than Palm Beach, a 20% fall on the same period in 2011.
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lschlesinger-FZcF9M3vE6

Marked decline in property values hard to accept by  for Palm Beach vendors on the Gold Coast: PRDnationwide

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Of the two key regional south-east Queensland property markets, the Sunshine Coast property market had a decidedly better year than the troubled Gold Coast market, according to Herron Todd White’s (HTW) year-in-review December report.
However, both remain distinctly buyers' markets, with opportunities for first-home buyers and investors (with a long-term view) to secure discounted purchases while the more expensive end of both markets remains under pressure.
Certainly there is much more upbeat tone to HTW's assessment of the Sunshine Coast than the Gold Coast.
“Well one thing is certain, 2012 has turned out to be much better than 2011. There seems to be an air of optimism around now with more and more people ‘doing things’,” is how HTW began its round-up of the Sunshine Coast market.
In comparison, HTW describes the Gold Coast as a “tough property market” with values having declined “across all property market subcategories with the prestige, unit and acreage markets hit the hardest”.
The Sunshine Coast property market was helped by the building of the $2.03 billion University Hospital at Kawana, with construction of the private hospital due for completion next year and with work now underway on the main hospital.
Another positive factor, according to HTW, was the changes in both the local and state governments earlier in the year, which helped improve confidence levels.
“The resultant effects are that we have seen a significant increase in activity.
“The main market where this has been felt has been the sub-$500,000 house market. Properties have been turning over more quickly, with some agents making noises about running out of stock.
“In this sector it doesn’t feel as if there is going to be a sudden spike in values, but certainly we expect that values will stabilise,” says HTW.
However, the Sunshine Coast resort investment unit market and prestige markets remain “quite tough”.
And while sales are being recorded and activity has improved, HTW says this is from sellers being prepared to meet the market, with buyers “smelling blood in the water and treating these properties harshly”.
 
<hr class="system-pagebreak">
 
In the case of the Gold Coast, HTW says mortgagee in possession (MIP) sales have “significantly impacted the property market, with properties selling in many cases at levels not seen since circa 2003 to 2004”.
As a result, the Gold Coast is still a strong buyer’s market, with most local and informed buyers being “very discerning and taking their time to buy wisely, for example, seeking out the most distressed auction sales”.
“This has caused values in some residential areas to fall more sharply than others as buyers shun areas with perceived issues overshadowed by the more desirable areas. Therefore, we have seen sales in some residential pockets fall very dramatically.”
HTW notes that parts of the Gold Coast like Nerang and Highland Park offer first-home buyers the opportunity to get into the market at below $300,000 as do older-style low rise units in the Surfers Paradise/Broadbeach locality and second-hand townhouse units in the Pacific Pines locality”.
Moving up the price ladder to the $500,000 to $1 million bracket, values have continued to fall, with HTW recording that multiple sales occurring in Isle of Capri in the mid-$600,000s – the “lowest prices we’ve seen for waterfront property in this locality for a few years”.
Apart from the construction of the light-railway impacting on values for nearby property owners, the bigger structural problems for <a target="_blank" href="/news">Surfers Paradise</a> and <a target="_blank" href="/news">Broadbeach </a>is an oversupply of high-rise units for sale with the marketing of the Hilton, Oracle and Soul products.
Head of property for The Oracle Berrick Wilson has a more optimistic view of the market forecasts the 2012-13 summer months will provide “an additional boost to an already rejuvenated luxury apartment market”.
Oracle managed 100 new sale settlements in the 12 months since its relaunch in December 2011.
“With only 10 apartments sold at The Oracle in the 12 months prior to December 2011, and more than 100 apartments sold since at an average price of approximately $900,000, it’s fair to say the market has bottomed and buyers are continuing to capitalise by snapping up luxury stock,” says Wilson.
HTW does have a brighter outlook for the Gold Coast reporting that many agents are clearing much of their dated stock, however values are not set to rise in the short term.
Gold Coast rents have remained strong despite values declining, but this could change, with “many property managers reporting increases in vacancy rates”.
HTW recommends investors look at the following areas on the Gold Coast: <a target="_blank" href="/news">Southport</a>, <a target="_blank" href="/news">Labrador </a>and <a target="_blank" href="/news">Biggera Waters</a>, <a target="_blank" href="/news">Paradise Point</a>, and <a target="_blank" href="/news">Parkwood </a>/<a target="_blank" href="/news">Molendinar</a>.
Looking ahead, the assessment is that the Gold Coast will remain a buyers’ market in 2013 with losses suffered by existing property owners representing “excellent longer term opportunity for those ‘early adopter’ investors who can position themselves against the storm”.
“We still need to be wary of the unknowns, being the macro and micro economic situations, the mining industry and rental markets. There is no indication of any immediate changes in property values and we are predicting stabilisation for 2013,” says HTW.
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Sunshine Coast trumps Gold Coast in 2012 but both still buyers' markets: HTW

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The Queensland property market was showing early signs of improvement, the Bank of Queensland chairman Neil Summerson told the bank’s annual general meeting in Brisbane today.
Mr Summerson said economic conditions remained subdued but had stabilised.
“The bank is seeing some early indication that the downward movement in property values has started to reverse,” he said. 
But he added over the last month there had been commentary from various market participants and commentators including Stockland, Mirvac and the Insolvency and Trustee Service Australia, which reiterated the difficulties of 2012 for the State of Queensland.
"With over 60% of our business is sourced in Queensland, I would like shareholders to appreciate that this bank is unique in that no other listed bank in Australia has the same concentration of business as we have in this State.
"Notwithstanding the above, the Queensland State Government is predicting 4% growth over the next year.
"In addition, tourism numbers on the Gold Coast and the Sunshine Coast in the period from September to November were up substantially on the previous year and the current State Government has initiated various programs (the boost in first home owners grant for new homes, as an example) to stimulate the economy.
"Indeed, the Premier stated only last Friday that he thought that Queensland should see some positive economic signs within 12 months.
"In addition, the bank is seeing some early indication that the downward movement in property values has started to reverse.
“With borrowers better able to meet their mortgage commitments as a result of successive interest rate reductions, including that of last week, we have reason to be optimistic about recovery in the important housing market.”
"Unemployment is expected to rise modestly over the next two years.
"Combined with a shift in Australians saving more than ever, credit growth for the banking sector is expected to remain subdued.
"Nevertheless, we are expecting to deliver growth in top and bottom line and after the first three months of this financial year we are comfortably meeting our internal targets.," Mr Summerson said.
BoQ reported a $17.1 million loss in the 2012 financial year as it felt weakened economic conditions in Queensland.
With property prices especially on the Gold Coast and the Sunshine Coast falling, BoQ’s impaired loans doubled to $401 million over the year.
"Prior to 2008 the bank did not have a history of having large write offs for bad debts.
"The onset of the Global Financial Crisis saw this all change," he said.
Until 2011 thebBank only made specific provisions against its outstanding debts, but in February of 2011, with the full impact of the economic slowdown, Cyclone Yasi, and the Brisbane floods, the board considered it prudent to take an "economic overlay" in our provisioning of $32.5m.
"In early this year the board and management became aware of a continuing fall in property values particularly in Queensland.
"As over 60% of our business is in this State, the board decided to take an additional economic overlay of $175 million during the year to provide a buffer against falling property values," he said.
 
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jchancellor-FAypfDUnLy

BOQ sees brighter Queensland property market in 2013

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Located at the mouth of the Endeavour River, Cooktown – with a median house price of $300,000 – is Queensland’s slowest-selling suburb, with property lingering on the market for an average of 258 days.
Chambers Flat is the second slowest, with an average of 233 days on the market and a median house price of $477,000.
Third place is a draw between Mission Beach and Yarraman, with an average time on the market of 220 days.
Mission Beach – a small village along the Coral Sea – has a median house price of $395,000.
Located 181 kilometres northwest of Brisbane, Yarraman has a median price of $192,000.
<table cellpadding="0" cellspacing="0" border="1"><tbody>
<tr>
<td width="106" valign="top">
Suburb
</td>
<td width="106" valign="top">
Postcode
</td>
<td width="106" valign="top">
Median Price
</td>
<td width="106" valign="top">
Time on market (days)
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Cooktown</a>
</td>
<td width="106" valign="top">
4895
</td>
<td width="106" valign="top">
$300,000
</td>
<td width="106" valign="top">
258
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Chambers Flat</a>
</td>
<td width="106" valign="top">
4133
</td>
<td width="106" valign="top">
$477,000
</td>
<td width="106" valign="top">
233
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Mission Beach</a>
</td>
<td width="106" valign="top">
4852
</td>
<td width="106" valign="top">
$395,000
</td>
<td width="106" valign="top">
220
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Yarraman</a>
</td>
<td width="106" valign="top">
4614
</td>
<td width="106" valign="top">
$192,000
</td>
<td width="106" valign="top">
220
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Vetern</a>
</td>
<td width="106" valign="top">
4570
</td>
<td width="106" valign="top">
$366,000
</td>
<td width="106" valign="top">
218
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Heathwood</a>
</td>
<td width="106" valign="top">
4110
</td>
<td width="106" valign="top">
$4983,000
</td>
<td width="106" valign="top">
209
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Laidley Heights</a>
</td>
<td width="106" valign="top">
4341
</td>
<td width="106" valign="top">
$338,750
</td>
<td width="106" valign="top">
205
</td>
</tr>
<tr>
<td width="106" valign="top">
<a href="/news">Ocean View</a>
</td>
<td width="106" valign="top">
4521
</td>
<td width="106" valign="top">
$600,000
</td>
<td width="106" valign="top">
199
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Babinda</a>
</td>
<td width="106" valign="top">
4861
</td>
<td width="106" valign="top">
$174,000
</td>
<td width="106" valign="top">
198
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Boyland</a>
</td>
<td width="106" valign="top">
4275
</td>
<td width="106" valign="top">
$545,500
</td>
<td width="106" valign="top">
198
</td>
</tr>
</tbody></table>
Source: <a target="_blank" href="https://www.myrp.com.au/">RP Data</a>
A property located at 20 Flinders Street, Cooktown (pictured below), was listed for sale in July 2011 for $440,000.
<img src="/images/stories/2012/12/flinderscooktown.jpg">
The  four-bedroom, one-bathroom home has been listed for 490 days.
The price hopes have dropped from $450,000 to $395,000 in that time.
Grant Freeman from Premium Property Specialists has listed the property for the full 490 days.
A property located on 133 Charlotte Street was originally listed for $400,000 in March 2011.
Its asking price has reduced by 25% to $300,000.
It was bought in 2008 for $535,000.
A property at 15 Boundary Street has failed to attract a buyer, having been listed for sale for a total of 981 days.
The four-bedroom, two-bathroom house was listed in March 2010 with a $375,000 asking price and is currently asking $290,000 – a reduction of $85,000.
Jill Williams from Rainforest Real Estate Cooktown has held the reins on the property for the duration of its listing.
Wonga is Queensland's fastest selling suburb, with a speedy 35 days on the market.
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Cooktown Queensland's slowest-selling suburb

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One of Gold Coast's most exclusive residential offerings – the riverfront Southport mansion Alston – has been listed for sale.
But rather than its past $20 million-plus asking price, the home of bankrupt developer Graham Spottiswood and his wife, Suzanne, has been ordered by Commonwealth Bank-appointed receivers, who have more subdued expectations.
The Gold Coast Bulletin suggests the likely price benchmark was set two doors away, when $9.5 million was paid for the former Quinlivan home at June auction when sold to the semi-retired cotton farmer Ted Hadley.
Alston, an European-style house, will go to auction on January 27 through John Natoli and James Ledgerwood of <a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/house-southport-qld-4215/168449" target="_blank">McGrath Broadbeach</a> under instructions by Grant Sparks and Craig Ticehurst of PPB Advisory
The 3,442 square metres of land Alston sits on was bought from split-cycle engine inventor Rick Mayne for $2.35 million in 1998, where a house on the site was demolished to make way for Alston.
Completed in 2010, Alston boats six bedrooms, seven bathrooms and seven fireplaces spaced over 2,225-square metres of floor area.
Also included is a 15-metre indoor heated pool, gymnasium, basement cinema, a bar of five-star hotel quality with a six-metre-long marble bar top and a two-level library with a spiral staircase.
“The second you step into this property it is more than obvious that the quality of design, inclusions and meticulous attention to detail positions this very special home as one of world-class standing,” says Natoli.
Alston is fenced with exclusive mansions of Riverina Marine founder Bill Barry-Cotter to the south and former V8 supercar executive chairman Tony Cochrane to the north.
“This dress circle riverfront address is one of the Gold Coast’s premier enclaves and has been tightly held and rarely available,” says Ledgerwood.
In July 2011 Spottiswood listed Alston without success with $20 million price expectations through Christies International.
In February this year Spottiswood was sill holding out for a buyer happy to splash out more than $20 million for his Southport mansion.
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Southport mansion Alston listed for receivers' sale

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If you’re dreaming of cocktails in a swimming pool overlooking the Whitsunday Islands, the Round House on Hamilton Island is the vacation rental for you. 
Perched high on the eastern side of One Tree Hill and overlooking Catseye Bay, the Round House boasts a distinct circular design.
<img src="/images/stories/2012/12/roundhouse2.jpg">
Designed by Peter Conley and Associates, the Round House offers 12 hours of tropical sunshine “around the house”.
With four bedrooms and five bathrooms, the property can sleep a maximum of eight adults and six children.
Located on Melaleuca Drive, the property has a 12-metre salt-water solar heated infinity pool that wraps itself around the exterior.
Its 3.6-metre-high glass bi-fold doors encase the whole lower floor, and double-storey ceilings offer spacious living. 
The Round House is seemingly only available to rent from January 17 to January 21 within the 2012-2013 summer vacation season.
A minimum of four nights applies at a total of $6,000, or $7,000 for the five-night stay.
During the Audi Hamilton race week in August, a nine night block applies for $14,850.
A separate cottage is available to rent on the property for $300 a night and can accommodate four adults.
The beachfront home also offer two four-seater buggies a means for transport around the tropical island.
Yesterday we featured Kym Illman's beach house <a href="https://www.propertyobserver.com.au/queensland/countdown-to-summer-kym-illman-s-nautica-at-palm-beach-on-the-gold-coast/2012120958347" target="_blank">Nautica</a>, located at Palm Beach in Queensland.
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Countdown to summer: Round House on Hamilton Island

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If you fancy lounging in a 29-degree heated beachfront pool these summer holidays, Nautica at Palm Beach on the Gold Coast ought to be yours for $20,230 a week.
However, its availability is confined to the week before Christmas or over the Australia Day long weekend in January at $1,490 a night.
Located at 129 Jefferson Lane, <a target="_blank" href="/news">Palm Beach</a>, Queensland, the $6 million property has been featured on Channel 9’s A Current Affair and Channel 7’s Sunrise and has been voted as one of the country's best in the Australian Traveller Magazine.
<img src="/images/stories/2012/12/nautica2.jpg">
Apparently Jefferson Lane is a magnet for families, movie/sports stars, business leaders and heads of state.
With five bedrooms spread out on the four-storeys, <a href="https://www.dreamholidayhomes.com.au/rates-and-bookings" target="_blank">you and nine friends can stay here for a minimum of four nights</a>.
The contemporary design boasts 180-degree uninterrupted sea views and has a four-floor elevator.
A night between Sunday and Thursday will cost $2,890 but almost quadruples to $11,560 a night if you opt for a Friday or Saturday.
<a href="https://www.youtube.com/watch?v=e6Fz9j-ZUpY" target="_blank">Nautica</a> last sold in 2007 for $2.9 million after being listed for 337 days.
It's been built as part of the luxury homes rental division of entrepreneur Kym Illman, the managing director of The Message Group.
He is a leader in <a href="https://www.youtube.com/watch?v=Hwk2NXI8gd0" target="_blank">marketeering</a>.
 
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Countdown to summer: Kym Illman's Nautica at Palm Beach on the Gold Coast

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This one really offered the prospect of sand between the toes regularly over summer, but also bringing plenty of it inside the Newell Beach house.
<a href="https://www.homehound.com.au/11+olive+street+newell+qld+4873/" target="_blank">It sold for $965,000 a few months ago</a>. The four-bedroom Tony Driscoll-designed beach house is positioned to maximise the view and cool sea breezes.
Set on the edge of the Coral Sea and Great Barrier Reef, there's also the rainforest and mountains of the Daintree in the hinterland.
The casual beach house, which is absolute beachfront on secluded Newell Beach, is set just 20 minutes north of cosmopolitan <a target="_blank" href="/news">Port Douglas</a>.
It was being sold fully furnished with the holiday letting business already in place and running.
Mark Flinn of Ray White Port Douglas had the listing from March 2010 until August 2012 when it sold.
The initial asking price was $1.9 million, and this time last year they'd have taken $1.3 million.
The 912-square-metre holding last sold at $566,000 in 2002.
There had been three sales above $1.1 million on the strip of five homes in 2007.
There's the chance to<a href="https://www.propertyobserver.com.au/https://www.raineandhorne.com.au/portdouglas/properties/240851" target="_blank"> buy next door </a> at $795,000 through Raine &amp; Horne Port Douglas Mossman agent David Cotton.
It's The Treehouse, an elevated, two-bedroom holiday home.
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Aussie beach homes with allure: Countdown to the summer holidays

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The series finale of Grand Designs Australia features a "semi-brutalist" contemporary home in Queensland’s Ocean View.
The concrete home is designed to last and was driven by couple Brunella and Carlo’s passion for concrete.
Almost 50 metres of a six-metre-high concrete wall will form the spine of the house.
A concrete gallery style wall will extend the full length inside and polystyrene blocks filled with more concrete will shape the ground floor.
A series of consecutive bedrooms, a kitchen and a main living space will run off one long corridor.
Upon entry to the home, a staircase leads to either the upstairs or bottom level, with the master bedroom and study upstairs.
Upstairs also plays host to an outdoor terrace with an outdoor fireplace.
The outside façade is rendered in concrete gray and is solid and bold.
“In no way does this building look warm and inviting,” says Grand Designs host Peter Maddison.
“A site with no water, no sewerage, termites, bushfires, high winds and soil instability… brutalist seems to be the right way to go,” says Maddison.
<a target="_self" href="/news">Ocean View</a> is a rural suburb of Queensland, located north of Dayboro.
It has a population of 3,720 residents, and separate houses account for 98.5% of dwelling types.
Current market listings range from $459,000 for a <a target="_blank" href="https://www.domain.com.au/Property/For-Sale/House/QLD/Ocean-View/?adid=2009555728">three-bedroom, one-bathroom home</a> to $1,185,000 for a <a target="_blank" href="https://www.domain.com.au/Property/For-Sale/House/QLD/Ocean-View/?adid=2009554845">three-bedroom, two-bathroom home</a>.
Last week’s episode featured a house in the <a href="https://www.propertyobserver.com.au/renovating/people-in-barossa-valley-glass-houses-on-grand-designs/2012112858157http:/www.propertyobserver.com.au/renovating/people-in-barossa-valley-glass-houses-on-grand-designs/2012112858157">Barossa Valley</a> that was virtually all glass in the hope of capturing the Barossa Valley views.
The Ocean View House episode will air on the Lifestyle channel on December 6 at 8.30pm.
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