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>.

Joel Robinson

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.

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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

One of the penthouses at Lily Lane, the latest stage of Carrington Place by Ellipse Property, has set a new local apartment price record.

The four-bedroom residence, purchased by a local downsizer, sold for $5.75 million—around 75 per cent higher than the previous record of $3.3 million.

Over 40 per cent of the first release of apartments at&nbsp;<a href="https://www.apartments.com.au/new-apartments/lily-lane-at-carrington-place-castle-hill-32-carrington-road-castle-hill-nsw-2154">Lily Lane</a> have already been snapped up just six weeks since it launched to the market.

&nbsp;

Located at 32 Carrington Road, <a href="https://www.apartments.com.au/developments/castle-hill-nsw-2154">Castle Hill</a> and designed by award-winning architects <a href="https://www.apartments.com.au/architects/ptw">PTW</a>, Lily Lane is directly opposite the Hills Showground Metro station. It offers a total 213 units over two 12-storey towers - a mix of 67 one-bedroom, 100 two-bedroom and 46 three-bedroom apartments - with a ground-floor retail offering.

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Blake Schulze, National Director – Residential at <a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a>, says around 44 per cent of buyers are&nbsp;owner occupiers, with 35 per cent being investors and 21 per cent first homebuyers.

“Developments of this calibre are very rare in the Hills District, and Lily Lane’s sales success demonstrates the depth of demand for over-sized apartments that genuinely compete with freestanding homes," Schulze says.

"We are seeing particular demand from downsizers who want to remain in the area but transition into spacious, high-quality apartment living."

On the penthouse sale, it says it shows buyers&nbsp;are prepared to pay a premium for scale, quality, and direct access to the Metro.

[smartcode_project:default project_id=151821 project_image_fid=368351]

One-bedroom apartments are sized from 50-72 sqm with prices starting at $745,000, while two-bedrooms are priced from $990,000 with sizes from 75 to 132 square metres. Three-bedroom floorplans are sized between 97 and 182 sqm,, with prices starting at $1,395,000.&nbsp;

The three remaining penthouses, spanning up to 262 sqm, are priced from $2.9 million.

Over 75 per cent of apartments include dedicated studies, multipurpose rooms or family rooms, with select layouts offering walk-in pantries and laundries. Apartments are appointed with premium Miele appliances including ovens, washing machines, dryers, gas cooktops and dishwashers, while larger residences also incorporate integrated Miele microwaves, Fisher &amp; Paykel integrated refrigerators and five-burner Miele cooktops.

[smartcode_project:default project_id=151821 project_image_fid=360285]

Lily Lane will be constructed by award-winning iCIRT-rated builder <a href="https://www.apartments.com.au/builders/decode">Decode Group</a>, with construction to commence in mid-2026 and expected to complete early 2029.

Carrington Place comprises more than 800 apartments and is being delivered across multiple stages, with completion expected in 2032. Integrated with neighbouring bushland, the project will feature over 20,000 sq, of outdoor recreational area, including a one-kilometre boardwalk to Fred Caterson Reserve.&nbsp;

The Hills Showground Metro Station is just a two-minute walk away, offering fast connectivity to Sydney’s CBD, North Sydney, Chatswood, Macquarie Park and Norwest Business Park.

[smartcode_project_cta:default project_id=151821]

Ellipse sets Castle Hill apartment record with $5.75 million Lily Lane penthouse sale

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?

<html><body>
Construction has begun on the new Sandpiper development on Hastings Street at Noosa.
Just three full-floor apartments and two retail shops will be built on the site.
<img src="/images/stories/sandpip.jpg">
R&amp;W Noosa co-principal Peter Butt <a target="_blank" href="https://www.propertyobserver.com.au/queensland/sale-of-%2414-million-apartments-as-tide-turns-for-better-in-noosa/2011072650927">has already sold two of the apartments</a>.
The penthouse pricing has been revised to $9.25 million, down from its $10 million hopes last July.
Overlooking Laguna Bay, Sandpiper is positioned in the centre of the busy main street. There are also view lines to First Point as well as the Noosa North Shore and river mouth.
<img src="/images/stories/sandpip2.jpg">
"The Noosa market has shown good signs of an early revival in recent months, and this new project on the beachfront is exactly the confidence booster the area needs," Butt told Noosa News.
<img src="/images/stories/sandpiperflicker.jpg">
Developed by a Victorian property investor, the Sandpiper construction is being undertaken by Calty Constructions with an expected mid-2013 completion.
The mid-floor apartment is under contract at $8 million and the ground-floor apartment at $6 million.
</body></html>

jchancellor-FAypfDUnLy

Construction begins on Noosa triplex Sandpiper: Title Tattle

<html><body>
The Brisbane unit market fared worse than the house market in the last six months of 2011 and, like Melbourne, faces an oversupply of this type of property.

Real Estate Institute of Queensland figures for the December quarter 2011 show that rental vacancies in inner Brisbane – where most of the stock is apartments – increased from 1.4% in the September 2011 quarter to 1.9% in the December 2011 quarter while the overall city vacancy rate remained unchanged at 2.3%

In addition, valuation firm LandMark White is warning that a combination of too many projects and historically low demand could result in an oversupply of new apartments in inner-city Brisbane suburbs like Fortitude Valley and Bowen Hills. 

The firm’s property valuers believe affordable “entry-level” apartments within five kilometres of the CBD will continue to appreciate in value but expect values in prestige units in new complexes to continue to fall.

“We have seen demand for prestige units decline again, with extended marketing periods or heavy price reductions,” says WBP. 

<img src="/images/stories/clock-brisbane-units.jpg">
On the other hand, “entry-level units are being purchased by single professionals who require affordable housing and access to the Brisbane CBD. We have recently seen volumes of sub-$400,000 unit sales increase.”

Michael Yardney is very bearish about Brisbane units, placing the market in the relatively early stages of a property downturn at three o’clock.

“There are a large number of off-the-plan apartments available in the Brisbane CBD and surrounding suburbs. Many of these remain unsold, and this oversupply of properties will put downward pressure on prices and rentals,” he says.

“Many of the apartments that have been sold off the plan are coming on stream in the next few years and have been purchased by investors. 

“Some will have difficulty getting finance and settling their purchase. Others will be disappointed to see the end value of their properties is less than their purchase price,” Yardney says.

“There will be an oversupply of inner-CBD and near-CBD apartments in Brisbane for a few years, causing prices to fall slightly.”
Population: 2 million 
Median unit price: $355,000 
Unit price growth in February 2012: 0.3% 
Annual unit price growth to December 2011: -6.5% 
Annual unit price growth to July 2011: -4.3% 
Rental yield: 5.2%
To find out where your capital city's house or unit market is on the property clock, <a href="http://propertyobserver.com.au/ebooks/free-ebook-australias-autumn-2012-property-clock" target="_blank">download our free eBook.</a>
Property Observer also tracks <a target="_blank" href="https://www.propertyobserver.com.au/queensland/brisbane-house-market-at-five-o-clock-and-yet-to-bottom-out-experts/2012041154227">Brisbane houses on the property clock</a>.
 
 
</body></html>

lschlesinger-FZcF9M3vE6

Brisbane unit market at four o'clock, with prices still falling: Experts

<html><body>
As the house price growth figures from RP Data show, Brisbane’s housing market continues to fall.

House prices were flat over the final quarter of 2011, according to figures compiled the Real Estate Institute of Queensland, which says that one year on from the floods, the housing market is showing signs of stabilising.

Michael Yardney, Louis Christopher and Charles Tarbey all believe Brisbane has some way to go before it bottoms out.

“House prices in Brisbane have dropped for the last two years. Brisbane buyers are lacking confidence to re-enter the market and are sitting on the sidelines waiting for signs that the market has bottomed before they make a purchase,” says Yardney.

“This may occur later this year as Brisbane prices stabilise. Prices are unlikely to start rising until the second half of this year or 2013.”

<img src="/images/stories/clock-brisbane-houses.jpg">
Time: 5 o'clock
Christopher says the market does not “not look as dark” as it did in mid-2011. “Stock levels have peaked a bit, but there is still a fair amount of stock on market. It’s not as bad as Melbourne, but not as good Sydney.” 

“Brisbane still has an oversupply of properties over this time last year, which continue to linger.  

“Once mortgage repayments reach parity with rental payments, I suspect the market will move quickly to seven or eight o’clock [and into an upswing],” says Tarbey.
Population: 2 million 
Median house price: $435,000 
House price growth in February 2012: -0.4% 
Annual house price growth to December 2011: -6.8% 
Annual house price growth to July 2011: -7% 
Rental yield: 4.7%
To find out where your capital city's house or unit market is on the property clock, <a href="http://propertyobserver.com.au/ebooks/free-ebook-australias-autumn-2012-property-clock" target="_blank">download our free eBook.</a>
Property Observer also tracks <a target="_blank" href="https://www.propertyobserver.com.au/queensland/brisbane-unit-market-at-four-o-clock-with-prices-still-falling-experts/2012041154228">Brisbane units on the property clock</a>.
 
</body></html>

Brisbane house market at five o'clock and yet to bottom out: Experts

<html><body>
Sanctuary Cove’s latest impressive listing is at 5685 Anchorage Terrace, which comes with adjusted $13.75 million price hopes through Ray White Sovereign Islands agent Ali Mian. It’s 1,000 square metres of symmetrical designer interiors from its grand double-wing staircase entrance to its heated pool on its 43-metre river frontage.
In between are power rooms lined with Ralph Lauren wallpaper, hallways reflecting the strong black-and-white palette of the French fashion house Chanel, the latest home technology system, plus tepanyaki bar, home cinema and Swarovski crystal chandeliers.
The land was consolidated by tourism entrepreneur Chris Scott who bought two neighbouring houses.
After demolition and the construction of the subterranean garage and a few walls, the receivers had moved in to take control of the 2,836-square-metre holding.
It’s been finished off by UK-based businessman John Baines and his wife, Elizabeth, who paid $4.3 million in 2009.
They re-engineered the design with architect Greg Reid. The Baines have previously sought $17.5 million for the property on earlier listings.
 
</body></html>

Sanctuary Cove stunner listed with $13.75 million price tag

<html><body>
Hopefully southern holidaymakers don’t rush into buying so-called Gold Coast high-rise property bargains during their current vacations.
At least not before reading the latest report from valuers Herron Todd White.
“This is a very depressed market at present, particularly for new and near new stock,” was the stark conclusion on the Surfers Paradise, Southport and Broadbeach markets.
It notes the Gold Coast historically ranked as one of the most volatile property markets in Australia.
“The extremes between peaks and troughs are far more pronounced and keenly felt than in many other markets around the country.
“When times are good, on the Gold Coast they’re great, but when times are tough, on the Gold Coast they are grim.”
It all makes knowing when and where to strike all the more important.
HTW suggests the Gold Coast market is very hard to predict most of the time, however past experience with “boom and bust” suburbs and cycles gives savvy investors an insight.
The April report spells out that a new, major project can take up to five years to complete from concept to completion.
“The prudent buyer should know that buying off the plan in the midst of a property boom (which is often when most major construction projects are proposed and funded) may have adverse consequences four or five years later at settlement if the market has taken a turn for the worse, as it has at present,” HTW explains.
“Being able to spot trends and changes in the market direction on the Gold Coast is as much as a black art as it is a science.
“There are many factors which influence the property cycle between the Tweed and Logan rivers.”
It notes some factors impact small sectors of the market while others have a much broader impact.
As HTW notes market cycles are an ever-present talking point of those interested in the market; from amateur investors and would-be first-home buyers to professional valuers, developers and real estate agents, to sophisticated investors with multiple property portfolios.
“Everyone would like to get the jump on their competition when the market is on the up and equally be the first to rein in their spending when the market goes into decline.”
Notwithstanding the further into the future you have to look, the more uncertain you will become, HTW proffers that the lesson for buyers is to consider future scenarios, good and bad, for a project at settlement and to not buy only in “the here and now”.
 
The valuation firm’s discussions with other valuers and real estate agents have given indications that there are an increasing number of transactions as “vendors begin to accept that it is currently a buyers’ market”.
But it notes there are still a large number of property owners who are of the belief that their property has increased in value over the last three to five years.
“While this may be the case in other states, i.e. Melbourne and Sydney, there is a clear weight of evidence indicating that in the vast majority of instances, this is not the case on the Gold Coast,” the valuers note.
The report notes the most consistent market segments are the price points of $160,000 to $200,000 for one-bedroom units usually located in Southport, Surfers Paradise and Chevron Island, close to shops and amenities.
In closing, HTW suggests the “Gold Coast market appears to be bumping along the bottom and looks likely to continue to do so for a few years”.
Not quite the same sentiment from the local newspaper headlines, which recently suggested “the Gold Coast property market is coming back on the boil as investors give Melbourne, Sydney and Perth the cold shoulder”.
Even the local property commentator Andrew Winter was giving out advice over Easter to the locals on the possibility of luring out of state buyers.
“And remember, as the Gold Coast is traditionally a holiday destination and there are plenty of tourists about wishing their Easter holidays could turn into a complete lifestyle change, now is actually a pretty good time to sell as people seriously think about turning their dreams into reality,” Winter suggested.
The Ray White group has proffered that buyers who may be nervous after recent events should remember that buying property in a subdued environment is like buying bikinis in winter – less competition, less stress and more room to negotiate a good deal.
But my advice is by all means dream, ogle at the offerings the real estate window displays, and pop into the glamorous off-the-plan display suites, but buy next time, and only after much research.
After all, it’s likely to be long cold winter.
</body></html>

Southern holidaymakers can dream and ogle on the Gold Coast, but wait and research thoroughly before buying

<html><body>
Median property values in the mining-focused town of Gladstone increased 19% from 2010 to 2011 according to the Queensland Valuer-General Neil Bray’s annual report.
The locality of Bororen performed best in the area, increasing 69.7% from $33,000 to $56,000, according to Bray.
Gladstone mayor Gail Sellers told Property Observer the value rise was driven by LNG and mining investment in the area with vacancy rates less than 1%.
Of the 44 localities within the municipality 30 increased in value, 13 had no change and one property decreased in value.
Bray says residential values have generally risen by 10-50% in Gladstone and surrounding towns.
Despite the value increases Sellers anticipates that council rates will not rise dramatically.
“I don’t expect they will go up quite a lot. I certainly do not. But we have to think about our requirements for revenue,” she says.
“Most councils are mindful of the amount that they increase but they have to look at the needs for the region and they have to take into account what is needed to run the organisation.”
She says the difference in value changes through the region would make it hard to set rates.
"The rise has not been uniform across the region. If the rise had been uniform, we could have dropped the rate in the dollar. So that would help everyone. But because it’s been different in all the towns, it’s going to be extremely difficult.”
A lot of the growth in land value was driven by LNG developments.
“Some localities such as Gladstone and surrounding towns reflected large increases in median values due to large industrial and liquefied natural gas (LNG) developments in those localities,” Bray says.
“The Gladstone region is experiencing significant growth driven by the establishment of LNG industries on Curtis Island and port expansion at Fishermans Landing and Wiggins Island.
“This growth is limited to the northern section of the local government area with softer market conditions existing in southern areas.”
Bray found changes in Agnes Water and 1770 have been variable with some increases and some decreases.
Sellers says tourism in 1770 has suffered recently.
“They had a bad year in 1770 with the floods. They happened over Christmas at the major time for tourists. The floods meant no one could get in so they missed their usual tourist rush.”
Despite this, she says hotel vacancies during the week in the Gladstone region have been exceptionally tight.
“During the week we have no vacancies, you have to book weeks and weeks in advance.”
“Some of the hotels have been bought by industry and they use them as a workers camp. So that’s taken two or three motels off the market.”
Bray found commercial lands commercial lands have increased in value while industrial lands had less change.
<table cellpadding="0" cellspacing="0" border="0" style="width: 480px;"><tbody>
<tr>
<td valign="top" width="151">
Residential localities
</td>
<td valign="top" width="127">
Previous median value ($)
</td>
<td valign="top" width="111">
New median value ($)
</td>
<td valign="top" width="131">
Change median  value (%)
</td>
</tr>
<tr>
<td valign="top" width="151">
Bororen
</td>
<td valign="top" width="127">
33,000
</td>
<td valign="top" width="111">
56,000
</td>
<td valign="top" width="131">
69.7
</td>
</tr>
<tr>
<td valign="top" width="151">
Miriam Vale
</td>
<td valign="top" width="127">
47,750
</td>
<td valign="top" width="111">
71,500
</td>
<td valign="top" width="131">
49.7
</td>
</tr>
<tr>
<td valign="top" width="151">
Kirkwood
</td>
<td valign="top" width="127">
160,000
</td>
<td valign="top" width="111">
225,000
</td>
<td valign="top" width="131">
40.6
</td>
</tr>
<tr>
<td valign="top" width="151">
Toolooa
</td>
<td valign="top" width="127">
119,000
</td>
<td valign="top" width="111">
165,000
</td>
<td valign="top" width="131">
38.7
</td>
</tr>
<tr>
<td valign="top" width="151">
Kin Kora
</td>
<td valign="top" width="127">
130,000
</td>
<td valign="top" width="111">
180,000
</td>
<td valign="top" width="131">
38.5
</td>
</tr>
<tr>
<td valign="top" width="151">
Sun Valley
</td>
<td valign="top" width="127">
125,000
</td>
<td valign="top" width="111">
172,500
</td>
<td valign="top" width="131">
38
</td>
</tr>
<tr>
<td valign="top" width="151">
Boyne Valley
</td>
<td valign="top" width="127">
44,000
</td>
<td valign="top" width="111">
60,000
</td>
<td valign="top" width="131">
36.4
</td>
</tr>
<tr>
<td valign="top" width="151">
Gladstone City
</td>
<td valign="top" width="127">
136,000
</td>
<td valign="top" width="111">
185,000
</td>
<td valign="top" width="131">
36
</td>
</tr>
<tr>
<td valign="top" width="151">
Calliope
</td>
<td valign="top" width="127">
129,000
</td>
<td valign="top" width="111">
175,000
</td>
<td valign="top" width="131">
35.7
</td>
</tr>
<tr>
<td valign="top" width="151">
West Gladstone
</td>
<td valign="top" width="127">
130,000
</td>
<td valign="top" width="111">
172,500
</td>
<td valign="top" width="131">
32.7
</td>
</tr>
<tr>
<td valign="top" width="151">
South Gladstone
</td>
<td valign="top" width="127">
137,000
</td>
<td valign="top" width="111">
175,000
</td>
<td valign="top" width="131">
27.7
</td>
</tr>
<tr>
<td valign="top" width="151">
New Auckland
</td>
<td valign="top" width="127">
130,000
</td>
<td valign="top" width="111">
165,000
</td>
<td valign="top" width="131">
26.9
</td>
</tr>
<tr>
<td valign="top" width="151">
Telina
</td>
<td valign="top" width="127">
145,000
</td>
<td valign="top" width="111">
182,500
</td>
<td valign="top" width="131">
25.9
</td>
</tr>
<tr>
<td valign="top" width="151">
Barney Point
</td>
<td valign="top" width="127">
119,000
</td>
<td valign="top" width="111">
149,000
</td>
<td valign="top" width="131">
25.2
</td>
</tr>
<tr>
<td valign="top" width="151">
Wooderson
</td>
<td valign="top" width="127">
115,000
</td>
<td valign="top" width="111">
144,000
</td>
<td valign="top" width="131">
25.2
</td>
</tr>
<tr>
<td valign="top" width="151">
Burua
</td>
<td valign="top" width="127">
236,250
</td>
<td valign="top" width="111">
295,000
</td>
<td valign="top" width="131">
24.9
</td>
</tr>
<tr>
<td valign="top" width="151">
Beecher
</td>
<td valign="top" width="127">
232,500
</td>
<td valign="top" width="111">
290,000
</td>
<td valign="top" width="131">
24.7
</td>
</tr>
<tr>
<td valign="top" width="151">
Boyne Island
</td>
<td valign="top" width="127">
182,500
</td>
<td valign="top" width="111">
227,500
</td>
<td valign="top" width="131">
24.7
</td>
</tr>
<tr>
<td valign="top" width="151">
O'Connell
</td>
<td valign="top" width="127">
205,000
</td>
<td valign="top" width="111">
255,000
</td>
<td valign="top" width="131">
24.4
</td>
</tr>
<tr>
<td valign="top" width="151">
Clinton
</td>
<td valign="top" width="127">
144,000
</td>
<td valign="top" width="111">
177,500
</td>
<td valign="top" width="131">
23.3
</td>
</tr>
<tr>
<td valign="top" width="151">
Agnes Water
</td>
<td valign="top" width="127">
157,500
</td>
<td valign="top" width="111">
190,000
</td>
<td valign="top" width="131">
20.6
</td>
</tr>
<tr>
<td valign="top" width="151">
West Stowe
</td>
<td valign="top" width="127">
157,500
</td>
<td valign="top" width="111">
190,000
</td>
<td valign="top" width="131">
20.6
</td>
</tr>
<tr>
<td valign="top" width="151">
Tannum Sands
</td>
<td valign="top" width="127">
197,500
</td>
<td valign="top" width="111">
235,000
</td>
<td valign="top" width="131">
19
</td>
</tr>
<tr>
<td valign="top" width="151">
Glen Eden
</td>
<td valign="top" width="127">
149,500
</td>
<td valign="top" width="111">
177,500
</td>
<td valign="top" width="131">
18.7
</td>
</tr>
<tr>
<td valign="top" width="151">
Ambrose
</td>
<td valign="top" width="127">
22,500
</td>
<td valign="top" width="111">
26,000
</td>
<td valign="top" width="131">
15.6
</td>
</tr>
<tr>
<td valign="top" width="151">
Raglan
</td>
<td valign="top" width="127">
26,500
</td>
<td valign="top" width="111">
30,500
</td>
<td valign="top" width="131">
15.1
</td>
</tr>
<tr>
<td valign="top" width="151">
Mount Larcom
</td>
<td valign="top" width="127">
69,000
</td>
<td valign="top" width="111">
79,000
</td>
<td valign="top" width="131">
14.5
</td>
</tr>
<tr>
<td valign="top" width="151">
Yarwun
</td>
<td valign="top" width="127">
56,000
</td>
<td valign="top" width="111">
64,000
</td>
<td valign="top" width="131">
14.3
</td>
</tr>
<tr>
<td valign="top" width="151">
Wurdong Heights
</td>
<td valign="top" width="127">
141,000
</td>
<td valign="top" width="111">
155,000
</td>
<td valign="top" width="131">
9.9
</td>
</tr>
<tr>
<td valign="top" width="151">
Benaraby
</td>
<td valign="top" width="127">
185,000
</td>
<td valign="top" width="111">
202,500
</td>
<td valign="top" width="131">
9.5
</td>
</tr>
<tr>
<td valign="top" width="151">
Curtis Island
</td>
<td valign="top" width="127">
108,000
</td>
<td valign="top" width="111">
108,000
</td>
<td valign="top" width="131">
0
</td>
</tr>
<tr>
<td valign="top" width="151">
Euleilah
</td>
<td valign="top" width="127">
136,000
</td>
<td valign="top" width="111">
136,000
</td>
<td valign="top" width="131">
0
</td>
</tr>
<tr>
<td valign="top" width="151">
Eurimbula
</td>
<td valign="top" width="127">
23,500
</td>
<td valign="top" width="111">
23,500
</td>
<td valign="top" width="131">
0
</td>
</tr>
<tr>
<td valign="top" width="151">
Facing Island
</td>
<td valign="top" width="127">
77,500
</td>
<td valign="top" width="111">
77,500
</td>
<td valign="top" width="131">
0
</td>
</tr>
<tr>
<td valign="top" width="151">
Farmers Point
</td>
<td valign="top" width="127">
108,000
</td>
<td valign="top" width="111">
108,000
</td>
<td valign="top" width="131">
0
</td>
</tr>
<tr>
<td valign="top" width="151">
Gatcombe
</td>
<td valign="top" width="127">
74,000
</td>
<td valign="top" width="111">
74,000
</td>
<td valign="top" width="131">
0
</td>
</tr>
<tr>
<td valign="top" width="151">
Lowmead
</td>
<td valign="top" width="127">
23,750
</td>
<td valign="top" width="111">
23,750
</td>
<td valign="top" width="131">
0
</td>
</tr>
<tr>
<td valign="top" width="151">
Northcliff
</td>
<td valign="top" width="127">
89,000
</td>
<td valign="top" width="111">
89,000
</td>
<td valign="top" width="131">
0
</td>
</tr>
<tr>
<td valign="top" width="151">
Rosedale
</td>
<td valign="top" width="127">
40,000
</td>
<td valign="top" width="111">
40,000
</td>
<td valign="top" width="131">
0
</td>
</tr>
<tr>
<td valign="top" width="151">
Rules Beach
</td>
<td valign="top" width="127">
140,000
</td>
<td valign="top" width="111">
140,000
</td>
<td valign="top" width="131">
0
</td>
</tr>
<tr>
<td valign="top" width="151">
Southend
</td>
<td valign="top" width="127">
100,000
</td>
<td valign="top" width="111">
100,000
</td>
<td valign="top" width="131">
0
</td>
</tr>
<tr>
<td valign="top" width="151">
Turkey Beach
</td>
<td valign="top" width="127">
138,000
</td>
<td valign="top" width="111">
138,000
</td>
<td valign="top" width="131">
0
</td>
</tr>
<tr>
<td valign="top" width="151">
Turtle Island
</td>
<td valign="top" width="127">
810,000
</td>
<td valign="top" width="111">
810,000
</td>
<td valign="top" width="131">
0
</td>
</tr>
<tr>
<td valign="top" width="151">
Seventeen Seventy
</td>
<td valign="top" width="127">
600,000
</td>
<td valign="top" width="111">
480,000
</td>
<td valign="top" width="131">
-20
</td>
</tr>
<tr>
<td valign="top" width="151">
All localities
</td>
<td valign="top" width="127">
139,000
</td>
<td valign="top" width="111">
180,000
</td>
<td valign="top" width="131">
29.5
</td>
</tr>
</tbody></table>
 
 
</body></html>

awalsh-7Ub9EypybQ

Gladstone property values officially up 20% in a year, while investors await rate revisions

<html><body>
The Queensland town of 1770, the site of Captain Cook’s second landing in Australia, is the only locality in the area of boom Gladstone municaplity where land values decreased over the last year, according to Queensland’s valuer-general.
Land values in the ugly duckling locality decreased 20%, while neighbouring towns increased by an average of 19%, with Bororen, 40 kilometres east, increasing a stellar 70%.
Valuer-General Neil Bray found median land values decreased from $600,000 in October 2010 to $480,000 in October 2011.
The town has traditionally been a tourism hotspot, with tourists seeking the beaches, coral reefs and local wildlife. When Captain Cook landed here he shot and ate a pelican, afterwards saying it was the best bird he’d eaten since he left England.
A recent report by Colliers found as overseas trips by Australians soared, <a target="_blank" href="https://www.propertyobserver.com.au/leisure/dollar-hurting-tourism-especially-queensland-coastal-hotel-occupancy-rba/2012030653721">the Queensland hotel business suffered significantly</a>.
Local agent James White remains upbeat about the future of 1770. So confident, in fact, that he just bought a $1 million house in the area.
“Tourism did die a bit during global financial crisis, but it has definitely picked up recently,” he says.
White says while property prices have decreased significantly over the last years, clearance rates have doubled.
“The prices here were very high. The land prices three or four years ago were $800,000 for a 600-square-metre vacant lot,” he says.
“It’s a reduction, but it’s part of the whole price adjustment.”
Sales in the area were previously driven by people buying holiday homes, but White has seen a shift to local buyers.
“We’re selling twice as much as three or four years ago, mostly to local buyers.”
He says “95% of the buyers are from the Gladstone region. It used to be around 60%.
“Local buyers are sustainable. They invest in the area and support local businesses. Southern buyers tend to come and go again.”
He recently sold 14 Endeavour Street for $498,000, a property he had previously sold in 2008 for $774,000.
He also recently sold 6 Endeavour Street for $850,000, a three-bedroom home that last traded for $535,000 in 2001. RP Data reports it was on the market for 174 days.
Realestate.com.au reports that the average sale price in 1770 is $850,000.
But he thinks prices will bounce back with the liquefied natural gas (LNG) and mining projects in the Gladstone area.
“All of the activity here comes from the confidence from the mining and LNG region. Ever since the five LNG plants were fully announced 14 months ago property sales have started soaring.”
“There are $91 billion worth of projects going on around here and more and more are announced all the time. In fact a nickel [project] was just announced last week.”
“That’s where I think this area will experience fantastic growth.”
The land tax threshold in Queensland is $600,000 for individuals and $350,000 for companies and trustees.
The tax Queensland Office of State Revenue calculates tax using the total value of all land owned, with exemptions for properties used as a home or for farming.
Photograph by Pierre Pouliquin courtesy of <a target="_blank" href="https://www.flickr.com/">Flickr</a>.
 
 
</body></html>

Property values on the rocks in 1770, site of Captain Cook’s second landing

<html><body>
The outlook for the new Brisbane apartments market remains healthy with supply and demand evenly matched, but the Gold Coast market continues to struggle with sales of new apartments still at post-GFC lows, according to the latest Midwood Report.
Unconditional sales of new Brisbane units increased from 74 in the November quarter 2011 to 186 in the February 2012 quarter.
Stock levels have declined to 1,446 from a peak of 1,683 in May last year, which equates to two-and-a-half years’ worth of supply at current sales rates.
Investors have been spurred on by rising rental returns, with one-bedroom inner-Brisbane flats registering rental growth over the past 12 months of 9% to a median of $300 per week, with a smaller 4% increase in two-bedroom flats ($380).
Click to enlarge
<a title="Click to enlarge" rel="shadowbox" href="/images/stories/midwood.gif"><img src="/images/stories/midwoodthumb.gif"></a>
Midwood Report author Bill Morris says the Brisbane market has been characterised by a sustained level of sales over the past two years, averaging 200 sales per quarter
Brisbane remains the fastest-growing state capital, with current growth rate of 2% per annum and is also experiencing an influx of employees in the inner city, with both trends being driven by the Queensland resources boom.
The strongest-selling project was David Devine’s Metro Property Madison Heights development in Bowen Hills, which clocked up 57 sales with prices ranging from $350,000 for a one-bedroom apartment to $434,000 to $556,000 for a two-bedroom apartment. Madison Heights features 296 apartments, with 200 sold since launch of the project in March 2011.
There were also 15 sales at Metro Property’s The Chelsea development also in Bowen Hills, with 190 out of 195 apartments now sold in the project. Prices range from $355,000 for a one-bedroom apartment to $546,000 for a two-bedroom apartment, and there were 20 sales recorded for Brooklyn on Brookes in Fortitude Valley, Metro’s joint development with Indian-based developer Pearls.
The other strong performer was Meriton’s 81-storey Infinity Tower, currently under construction, with 34 sales recorded and prices ranging from $470,000 for a one-bedroom apartment to $650,000 for a two-bedroom unit. To date 123 out of the 287 apartments in the tower have been sold.
Meriton’s other high-rise Brisbane project the 74-storey Soleil registered no unconditional sales over the quarter. It has sold 216 of the 414 apartments marketed to date with prices ranging from $347,000 for a one-bedroom apartment to $806,000 for a three-bedroom apartment with two car spaces.
In comparison the Gold Coast managed continued to struggle to attract buyers. with just 52 sales recorded over the February quarter, half of these for units in Southport Central 3 on Lawson Street in Southport, currently in the hands of administrators.
“Sales are being sustained almost entirely by mortgagee sales,” says Morris, who adds that the Gold Coast market is showing “no signs of improving”.
While stock on market has reduced from 723 to 500 over the past 12 months due to no new projects in the pipeline, the slow rate of sales means that there is still two years of stock available.
The Midwood report notes that quarterly sales have averaged just 60 since the start of the GFC in 2008.
In the year to February 2008, before the onset of the GFC, the Gold Coast averaged around 25 new unit sales per week, equating to a total of just under 1,200 over the 12 month to February 2008.
Click to enlarge
<a href="/images/stories/midwood2.gif" rel="shadowbox" title="Click to enlarge"><img src="/images/stories/midwood2thumb.gif"></a>
According to Morris, most of the stock of new apartments (351 out of 500) is priced above $600,000, which explains the flat sales volumes. 
He says there is demand for lower-priced units, as demonstrated by Meriton’s Brighton on Broadwater and Southport Central, where most of the apartments are priced below $600,000. 
“The market demand for larger three- and four-bedroom apartments has been constrained by lenders, who are wary of price softening at the upper end of the price range. Future development sites such as the City Planners/ Lotte group site on Ferney Avenue and the Aussie Blue site opposite should aim to satisfy the demand for smaller, more affordable high rise units,” he says. 
</body></html>

Brisbane new apartment market well balanced but Gold Coast still struggling to find buyers: Midwood Report

<html><body>
A Queensland Supreme Court judge has ruled that Gold Coast property developer Rod Lambert must close down his website, which Ray White claims was damaging its brand.
An application to have the website shut down was submitted by Ray White on March 21 and a ruling issued by Chief Justice Paul de Jersey on March 27.
The ruling applies until the trial of the matter is heard or an earlier order is made by the court.
A search on Google shows that the website is no longer available.
<img src="/images/stories/donttrust.jpg">
The court order restrains Lambert, “his servants or agents” from “maintaining or causing to maintain the internet domain www.dontrustraywhite.com or an internet domain or website with the same or similar name”.
The judge has also ruled that Lambert must not distribute or publish any “leaflets, flyers, newsletters or any other similar publications” that promote the website or any similar website.
In previous online postings, Lambert made allegations of misconduct against Gold Coast prestige sales agent Michael Kollosche, who was previously contracted to the Ray White Broadbeach. Lambert accused Ray White of not taking appropriate action against Kollosche.
In this matter, the judge ruled that Lambert must not publish statements that allege that Ray White will not respond in an appropriate manner to “allegations that Mr Michael Kollosche has engaged in fraudulent conduct”.
The injunction does not prevent Lambert from “making formal complaint or giving a statement to the police or statutory bodies with powers relating to the regulation of the real estate industry”.
A spokesperson for Ray White says it could take up to 12 months for the trial to be heard.
Ray White is seeking to have the website permanently shut down.
 
 
</body></html>

Court compels Rod Lambert to shut down anti-Ray White website

<html><body>
The City of Ipswich recently topped an RBA list of the regions with the highest rates of mortgage arrears.
But land values have remained surprisingly unchanged over the past year.
According to the Queensland Valuer-General’s annual valuation released this week land values in 66 Ipswich localities stayed steady from October 2010 to October 2011.
There was a jump in just one locality across the City of Ipswich since last year, which was Deebing Heights.
Medium prices in the rural locality of Deebing Heights increased 1.3% from $197,500 in 2010 to $200,000 in 2011, according to the valuer general Neil Bray.
Bray found over the whole region land values increased 0.1%, reflecting the static market in the area.
Bray said allowances made in 2010 for flood affected properties had been carried for into the new valuations.
“Apart from isolated changes to reflect environmental changes or local sales evidence residential valuations are predominantly unchanged,” Bray says.
“Minor changes were recorded in commercial values with some neighbourhood shopping centre values increasing slightly.”
 
<table cellpadding="0" cellspacing="0" border="0" style="width: 460px;"><tbody>
<tr>
<td valign="top" width="91">
Residential localities
</td>
<td valign="top" width="133">
Previous median value ($)
</td>
<td valign="top" width="120">
New median value ($)
</td>
<td valign="top" width="116">
Change in median value (%)
</td>
</tr>
<tr>
<td valign="top" width="91">
Deebing Heights
</td>
<td valign="top" width="133">
197,500
</td>
<td valign="top" width="120">
200,000
</td>
<td valign="top" width="116">
1.3
</td>
</tr>
<tr>
<td valign="top" width="91">
Amberley
</td>
<td valign="top" width="133">
86,000
</td>
<td valign="top" width="120">
86,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Ashwell
</td>
<td valign="top" width="133">
97,500
</td>
<td valign="top" width="120">
97,500
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Augustine Heights
</td>
<td valign="top" width="133">
207,000
</td>
<td valign="top" width="120">
 
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Barellan Point
</td>
<td valign="top" width="133">
202,500
</td>
<td valign="top" width="120">
202,500
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Basin Pocket
</td>
<td valign="top" width="133">
131,000
</td>
<td valign="top" width="120">
131,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Bellbird Park
</td>
<td valign="top" width="133">
148,000
</td>
<td valign="top" width="120">
148,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Blackstone
</td>
<td valign="top" width="133">
140,000
</td>
<td valign="top" width="120">
140,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Booval
</td>
<td valign="top" width="133">
132,000
</td>
<td valign="top" width="120">
132,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Brassall
</td>
<td valign="top" width="133">
152,500
</td>
<td valign="top" width="120">
152,500
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Bundamba
</td>
<td valign="top" width="133">
128,000
</td>
<td valign="top" width="120">
128,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Calvert
</td>
<td valign="top" width="133">
67,000
</td>
<td valign="top" width="120">
67,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Camira
</td>
<td valign="top" width="133">
182,500
</td>
<td valign="top" width="120">
182,500
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Churchill
</td>
<td valign="top" width="133">
136,000
</td>
<td valign="top" width="120">
136,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Chuwar
</td>
<td valign="top" width="133">
165,000
</td>
<td valign="top" width="120">
165,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Coalfalls
</td>
<td valign="top" width="133">
144,000
</td>
<td valign="top" width="120">
144,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Collingwood Park
</td>
<td valign="top" width="133">
127,000
</td>
<td valign="top" width="120">
127,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Dinmore
</td>
<td valign="top" width="133">
115,000
</td>
<td valign="top" width="120">
115,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
East Ipswich
</td>
<td valign="top" width="133">
126,000
</td>
<td valign="top" width="120">
126,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Eastern Heights
</td>
<td valign="top" width="133">
149,000
</td>
<td valign="top" width="120">
149,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Ebbw Vale
</td>
<td valign="top" width="133">
123,000
</td>
<td valign="top" width="120">
123,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Ebenezer
</td>
<td valign="top" width="133">
93,000
</td>
<td valign="top" width="120">
93,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Flinders View
</td>
<td valign="top" width="133">
155,000
</td>
<td valign="top" width="120">
155,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Gailes
</td>
<td valign="top" width="133">
115,000
</td>
<td valign="top" width="120">
115,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Goodna
</td>
<td valign="top" width="133">
124,000
</td>
<td valign="top" width="120">
124,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Grandchester
</td>
<td valign="top" width="133">
68,500
</td>
<td valign="top" width="120">
68,500
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Haigslea
</td>
<td valign="top" width="133">
130 750
</td>
<td valign="top" width="120">
130 750
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Ipswich
</td>
<td valign="top" width="133">
150,000
</td>
<td valign="top" width="120">
150,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Ironbark
</td>
<td valign="top" width="133">
108,000
</td>
<td valign="top" width="120">
108,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Karalee
</td>
<td valign="top" width="133">
172,500
</td>
<td valign="top" width="120">
172,500
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Karrabin
</td>
<td valign="top" width="133">
124,000
</td>
<td valign="top" width="120">
124,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Lanefield
</td>
<td valign="top" width="133">
93,000
</td>
<td valign="top" width="120">
93,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Leichhardt
</td>
<td valign="top" width="133">
125,000
</td>
<td valign="top" width="120">
125,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Lower Mount Walker
</td>
<td valign="top" width="133">
100,000
</td>
<td valign="top" width="120">
100,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Marburg
</td>
<td valign="top" width="133">
94,000
</td>
<td valign="top" width="120">
94,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Moores Pocket
</td>
<td valign="top" width="133">
107,000
</td>
<td valign="top" width="120">
107,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Mount Forbes
</td>
<td valign="top" width="133">
70,000
</td>
<td valign="top" width="120">
70,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Mount Marrow
</td>
<td valign="top" width="133">
156,250
</td>
<td valign="top" width="120">
156,250
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Muirlea
</td>
<td valign="top" width="133">
141,000
</td>
<td valign="top" width="120">
141,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Newtown
</td>
<td valign="top" width="133">
150,000
</td>
<td valign="top" width="120">
150,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
North Booval
</td>
<td valign="top" width="133">
120,000
</td>
<td valign="top" width="120">
120,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
North Ipswich
</td>
<td valign="top" width="133">
125,000
</td>
<td valign="top" width="120">
125,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
North Tivoli
</td>
<td valign="top" width="133">
87,000
</td>
<td valign="top" width="120">
87,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
One Mile
</td>
<td valign="top" width="133">
125,000
</td>
<td valign="top" width="120">
125,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Peak Crossing
</td>
<td valign="top" width="133">
93,500
</td>
<td valign="top" width="120">
93,500
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Pine Mountain
</td>
<td valign="top" width="133">
183,000
</td>
<td valign="top" width="120">
183,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Purga
</td>
<td valign="top" width="133">
132,000
</td>
<td valign="top" width="120">
132,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Raceview
</td>
<td valign="top" width="133">
138,000
</td>
<td valign="top" width="120">
138,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Redbank
</td>
<td valign="top" width="133">
130,000
</td>
<td valign="top" width="120">
130,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Redbank Plains
</td>
<td valign="top" width="133">
142,000
</td>
<td valign="top" width="120">
142,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Ripley
</td>
<td valign="top" width="133">
136,000
</td>
<td valign="top" width="120">
136,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Riverview
</td>
<td valign="top" width="133">
110,000
</td>
<td valign="top" width="120">
110,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Rosewood
</td>
<td valign="top" width="133">
119,000
</td>
<td valign="top" width="120">
119,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Sadliers Crossing
</td>
<td valign="top" width="133">
155,000
</td>
<td valign="top" width="120">
155,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Silkstone
</td>
<td valign="top" width="133">
134,000
</td>
<td valign="top" width="120">
134,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
South Ripley
</td>
<td valign="top" width="133">
80,000
</td>
<td valign="top" width="120">
80,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Springfield
</td>
<td valign="top" width="133">
165,000
</td>
<td valign="top" width="120">
165,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Springfield Lakes
</td>
<td valign="top" width="133">
160,000
</td>
<td valign="top" width="120">
160,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Tallegalla
</td>
<td valign="top" width="133">
117,000
</td>
<td valign="top" width="120">
117,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Thagoona
</td>
<td valign="top" width="133">
108,500
</td>
<td valign="top" width="120">
108,500
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Tivoli
</td>
<td valign="top" width="133">
107,000
</td>
<td valign="top" width="120">
107,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Walloon
</td>
<td valign="top" width="133">
150,000
</td>
<td valign="top" width="120">
150,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
West Ipswich
</td>
<td valign="top" width="133">
120,500
</td>
<td valign="top" width="120">
120,500
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Willowbank
</td>
<td valign="top" width="133">
134,000
</td>
<td valign="top" width="120">
134,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Woodend
</td>
<td valign="top" width="133">
142,000
</td>
<td valign="top" width="120">
142,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Wulkuraka
</td>
<td valign="top" width="133">
139,000
</td>
<td valign="top" width="120">
139,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
Yamanto
</td>
<td valign="top" width="133">
157,500
</td>
<td valign="top" width="120">
157,500
</td>
<td valign="top" width="116">
0
</td>
</tr>
<tr>
<td valign="top" width="91">
All residential localities
</td>
<td valign="top" width="133">
139,000
</td>
<td valign="top" width="120">
139,000
</td>
<td valign="top" width="116">
0
</td>
</tr>
</tbody></table>
</body></html>

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