South East Queensland developer&nbsp;<a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a>’s entry into the Gold Coast apartment market has progressed from pipeline to market, with its Chevron Island project Bronze on Chevron now formally available to purchase ahead of a planned 2029 completion.

The 119-apartment development on Mawarra Street marks the Brisbane-headquartered builder-developer’s first residential play in the Gold Coast, following its expansion south from Brisbane and the Sunshine Coast.

<a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-surfers-paradise-qld-4217">Bronze on Chevron</a> comprises a mix of two-, three- and four-bedroom residences, with pricing starting from just over $1.5 million. The project is being delivered under Gardner Vaughan’s fully integrated model, with the group acting as both developer and builder, a structure it has consistently applied across its South East Queensland portfolio.

[smartcode_project:default project_id=107520 project_image_fid=367182]

Architecture has been designed by <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jeremy-ferrier-landscape-design">Jeremy Ferrier</a>. The building presents as a single-tower scheme, with a focus on maximising outlook across both the Surfers Paradise skyline and the Nerang River.

Apartments have been planned with open-plan living zones extending to generous balconies, a response to the site’s dual-aspect positioning between river and ocean. Interiors follow a restrained coastal palette, with two colour schemes offered, and an emphasis on natural light and cross-ventilation.

[smartcode_project:default project_id=107520 project_image_fid=367181]

Resident amenity is concentrated across more than 1,250 sqm and includes a resort-style pool, gym, yoga lawn and rooftop entertaining areas. A function space with catering facilities forms part of the upper-level offering, alongside north- and south-facing outdoor areas.

Ground level will incorporate two retail tenancies, intended to extend the existing village character of the surrounding streets.

&nbsp;

[smartcode_project:default project_id=107520 project_image_fid=367200]

The project sits within walking distance of Thomas Drive’s established dining strip, while maintaining proximity to <a href="https://www.apartments.com.au/developments/surfers-paradise-qld-4217">Surfers Paradise</a> beach and broader Gold Coast amenity. The location, positioned on Chevron Island between the river and coastline, has increasingly attracted mid- to high-density development in recent years as the precinct evolves beyond its low-rise origins.

Gardner Vaughan’s move into the Gold Coast was first signalled in 2025, with the group identifying the region as a natural extension of its operations. Chief Executive Officer Simon Betteridge described the expansion as both “strategic and natural”, citing demand for well-designed apartments in lifestyle-driven markets.

Construction is expected to complete in early 2029.

[smartcode_project_cta:default project_id=107520]

Joel Robinson

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

One of the penthouses at Lily Lane, the latest stage of Carrington Place by Ellipse Property, has set a new local apartment price record.

The four-bedroom residence, purchased by a local downsizer, sold for $5.75 million—around 75 per cent higher than the previous record of $3.3 million.

Over 40 per cent of the first release of apartments at&nbsp;<a href="https://www.apartments.com.au/new-apartments/lily-lane-at-carrington-place-castle-hill-32-carrington-road-castle-hill-nsw-2154">Lily Lane</a> have already been snapped up just six weeks since it launched to the market.

&nbsp;

Located at 32 Carrington Road, <a href="https://www.apartments.com.au/developments/castle-hill-nsw-2154">Castle Hill</a> and designed by award-winning architects <a href="https://www.apartments.com.au/architects/ptw">PTW</a>, Lily Lane is directly opposite the Hills Showground Metro station. It offers a total 213 units over two 12-storey towers - a mix of 67 one-bedroom, 100 two-bedroom and 46 three-bedroom apartments - with a ground-floor retail offering.

[smartcode_project:default project_id=151821 project_image_fid=368352]

Blake Schulze, National Director – Residential at <a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a>, says around 44 per cent of buyers are&nbsp;owner occupiers, with 35 per cent being investors and 21 per cent first homebuyers.

“Developments of this calibre are very rare in the Hills District, and Lily Lane’s sales success demonstrates the depth of demand for over-sized apartments that genuinely compete with freestanding homes," Schulze says.

"We are seeing particular demand from downsizers who want to remain in the area but transition into spacious, high-quality apartment living."

On the penthouse sale, it says it shows buyers&nbsp;are prepared to pay a premium for scale, quality, and direct access to the Metro.

[smartcode_project:default project_id=151821 project_image_fid=368351]

One-bedroom apartments are sized from 50-72 sqm with prices starting at $745,000, while two-bedrooms are priced from $990,000 with sizes from 75 to 132 square metres. Three-bedroom floorplans are sized between 97 and 182 sqm,, with prices starting at $1,395,000.&nbsp;

The three remaining penthouses, spanning up to 262 sqm, are priced from $2.9 million.

Over 75 per cent of apartments include dedicated studies, multipurpose rooms or family rooms, with select layouts offering walk-in pantries and laundries. Apartments are appointed with premium Miele appliances including ovens, washing machines, dryers, gas cooktops and dishwashers, while larger residences also incorporate integrated Miele microwaves, Fisher &amp; Paykel integrated refrigerators and five-burner Miele cooktops.

[smartcode_project:default project_id=151821 project_image_fid=360285]

Lily Lane will be constructed by award-winning iCIRT-rated builder <a href="https://www.apartments.com.au/builders/decode">Decode Group</a>, with construction to commence in mid-2026 and expected to complete early 2029.

Carrington Place comprises more than 800 apartments and is being delivered across multiple stages, with completion expected in 2032. Integrated with neighbouring bushland, the project will feature over 20,000 sq, of outdoor recreational area, including a one-kilometre boardwalk to Fred Caterson Reserve.&nbsp;

The Hills Showground Metro Station is just a two-minute walk away, offering fast connectivity to Sydney’s CBD, North Sydney, Chatswood, Macquarie Park and Norwest Business Park.

[smartcode_project_cta:default project_id=151821]

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

Fresh off completing its Delano Crows Nest development, Lindsay Bennelong has lodged plans for its next project, this time turning its attention back to the beach.

The developer, started 20 years ago by Clarendon Homes founder Peter Campbell, is proposing a 37-apartment scheme at <a href="https://www.apartments.com.au/new-apartments/17-25-ashburner-street-manly-nsw-2095">17-25 Ashburner Street</a>, Manly, positioned between the southern end of <a href="https://www.apartments.com.au/developments/manly-nsw-2095">Manly</a> Beach and East Manly Cove.

Lindsay Bennelong called on local architecture firm Platform Architects to design the new building, given their success at Finn, Lindsay Bennelong's current luxury apartment project on North Steyne.&nbsp;

According to the Design Verification Statement by Bridie Gough of Platform Architects, the proposal “relates to the current context but also the desired future character of taller buildings suitable to the new planning controls.”

The site has been identified as a Low to Mid-Rise Housing (LMR) location, given its position within 400 metres of the Manly Town Centre E1 Business Zone. The LMR controls are intended to unlock additional housing supply in well-located areas close to public transport, allowing developers to seek increased height limits to support greater density.

“The proposal seeks to provide this increased level of housing whilst being respectful of some of the smaller scale buildings also nearby,” the statement reads.

Lindsay Bennelong Development Director Leigh Manser said the project has been carefully aligned with the intent of the LMR controls. The proposal will significantly increase housing yield on the site, replacing four houses and 10 apartments, comprising 25 bedrooms, with 37 new apartments delivering a total of 94 bedrooms, whilst remaining compliant with the LMR controls.

“Sydney is in a severe undersupply, and delivering more dwellings and more bedrooms than what currently exists is exactly what the LMR policy is designed to activate,” Manser said, noting that nine of the apartments will be allocated as affordable housing for frontline workers.

“We have already commenced discussions with our community housing provider to determine the rental levels that frontline workers can realistically afford in this location,” he said. “These will need to sit well below the standard affordable housing benchmark of 20 per cent below market rent, and that has been factored into our feasibility and pricing.”

<img alt="Manly" data-entity-type="file" data-entity-uuid="ad03000f-19f9-48b4-b27d-e85ca800a1da" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-30%20at%208.41.59%E2%80%AFAM.png?VersionId=a.txHwCZgbCInlQ6QXbIrI.umvW1T.r8" />

The design of the building incorporates a wave-like indentation running through the façade, referencing the nearby coastline and anchoring the building within its local context.

The&nbsp;Design Verification Statement says careful consideration has been given to the articulation of the building, ensuring the bulk is broken down to a more human scale through a defined four-storey podium."

The scheme includes a mix of one-, two- and three-bedroom apartments, as well as a full-time building manager's office and wellness facilities including a sauna and a gym.

“The design ensures a high level of amenity, with apartments offering generous private open space, many with expansive views, and all with comfortable proportions."

<img alt="Bennelong" data-entity-type="file" data-entity-uuid="6a7f2812-72a1-4959-84b0-997e8cd88aed" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-30%20at%2010.15.50%E2%80%AFAM.png?VersionId=6iMxU3MkXmHVHAoNhYBjnqgka8CUZNbk" />

<a href="https://www.apartments.com.au/developers/lindsay-bennelong-developments">Lindsay Bennelong</a>&nbsp;is currently developing Finn Manly, just four full-floor luxury apartments on North Steyne. They recently welcomed residents to its 81-unit Delano Crows Nest development, a&nbsp;carefully scaled infill project designed to bridge&nbsp;<a href="https://www.apartments.com.au/developments/crows-nest-nsw-2065">Crows Nest</a>’s lively village centre with its surrounding heritage streets.

Designed by&nbsp;<a href="https://www.apartments.com.au/architects/ajc-architects">AJC Architects</a>,&nbsp;<a href="https://www.apartments.com.au/new-apartments/delano-crows-nest-27-57-falcon-street-crows-nest-nsw-2065">Delano</a>&nbsp;is arranged across three low-rise buildings, incorporating a mix of one, two, and three-bedroom apartments alongside a limited number of townhomes addressing Hayberry Lane. The architectural approach drew on the area’s Art Deco lineage, reinterpreted through contemporary detailing and framed by landscaped communal gardens.

The developer also has a development site in Maroubra.

First look: Lindsay Bennelong's new Manly apartment development revealed

Fifty-nine residences across 37 levels. No more than two per floor. With 80 per cent now sold, what remains at <a href="https://www.apartments.com.au/new-apartments/madeline-by-mosaic-broadbeach-22-mary-avenue-broadbeach-qld-4218">Madeline by Mosaic</a> is a short list.

Madeline was always conceived at a scale that sits outside the normal register of Gold Coast apartment living. The residences are half- and full-floor configurations, with the largest spanning more than 400 sqm, dimensions that place them closer to the penthouse end of the market regardless of where they sit in the building.

That scale is the organising principle of everything else: how the floorplans are laid out, how the materials read, how the connection between inside and outside works.

[smartcode_project:default project_id=150135 project_image_fid=355941]

The interiors were developed in collaboration with <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser &amp; Partners</a>, the architecture practice&nbsp;<a href="https://www.apartments.com.au/developers/mosaic-property-group">Mosaic</a> brought in as design partner for the first time on this project. The palette runs to natural stone, textured timbers, and soft metallics, materials chosen as much for their tactile quality as their appearance.

Light cleverly shifts across surfaces through the day, and the design is explicit about wanting that to be noticed. Full-height glazing runs across the primary living areas, and where the building faces east toward the ocean, those walls of glass are doing real work: framing a view corridor that the site's position directly opposite Broadbeach State School's playing fields keeps permanently open.

That outlook is the site's most consequential asset. In a suburb where new towers continue to rise, a protected view line is genuinely rare, and the Mary Avenue address secures it. Residents at Madeline will look out over open parkland rather than the rear of another building, a distinction that becomes more meaningful with each new development approved nearby.

[smartcode_project:default project_id=150135 project_image_fid=355939]

The private outdoor spaces are sized to match the residences themselves. Terraces on the upper levels frame uninterrupted ocean panoramas, and the planning ensures that living areas extend into those outdoor zones rather than treating them as separate attachments. The flow between the two is part of the design intent, not an afterthought.

Inside, the finish specification reflects the same approach. Rich stone benchtops, warm timber joinery, bespoke hardware, each element specified to hold up over time rather than read as a moment in a particular trend cycle.

[smartcode_project:default project_id=150135 project_image_fid=3409]

Beyond the residences, the amenity offering extends that register. A lap pool and sun deck anchor the outdoor space, alongside a magnesium pool, cold plunge, steam room, and sauna.

A commercial-grade gymnasium, residents' lounge, library, and boardroom round out a programme that functions more like a private members club than a standard building amenity floor.

Construction has commenced under Mosaic's in-house building arm, with completion scheduled for late 2028.

[smartcode_project_cta:default project_id=150135]

Madeline by Mosaic delivers penthouse-level living across every apartment

Developer Fortezza Group is the latest to take its new apartment development, <a href="https://www.apartments.com.au/new-apartments/the-belvedere-5-7-church-street-nelson-bay-nsw-2315">The Belvedere in Nelson Bay</a>, to the NSW Government.

Fortezza, predominantly a South East Queensland developer, is the latest to apply for State Significant Development&nbsp; status through the NSW Government's Housing Delivery Authority, a pathway becoming favoured by developers to speed up the approval process.

They are planning 57 two- and three-bedroom apartments across 5-7 Church Street and 42 Donald Street, near d'Albora Nelson Bay Marina. The diverse apartment mix has sizes from just over 80 sqm to the largest three-bedroom penthouses that reach nearly 200 sqm.

<img alt="Fortezza" data-entity-type="file" data-entity-uuid="090360e1-66d7-43ad-b686-aba81f173bf2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-29%20at%2010.22.40%E2%80%AFAM.png?VersionId=DMqF96eBZolqSAAAcugX0l66ueWng66m" />

Fortezza calls the project a "piece of Istria in Nelson Bay,"&nbsp;referring to the largest peninsula in the Adriatic Sea, shared by Croatia (90%), Slovenia, and Italy, which is known for its Roman history, Venetian-style coastal towns and inland hilltop villages.

They say the The Belvedere is strategically positioned at the apex of Nelson Bay, offering unrivalled views of the ocean, the bay and captivating topography of the area.

"Our commitment to maintaining the integrity of every view and sight line has been relentless," Fortezza Group says.

"Through extensive modelling and analysis, we ensure that each apartment enjoys the natural beauty of Nelson Bay, regardless of future developments. Each design element is carefully curated to harmonise with our European heritage, drawing profound inspiration from the Roman architectural marvels in Istria. The arches, the cascades of greenery and the stonework that define our project pay homage to the structures that once exemplified Roman grandeur."

Residents will have access to a pool, communal green spaces, an office and a coffee shop.

First look: Fortezza Group takes The Belvedere, Nelson Bay apartment development, to NSW Government

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

&nbsp;

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Staff Writer

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

Off-the-plan property explained: What is stamp duty?

<html><body>
Queensland's Valuer-General released the annual land valuations for properties in the Gold Coast City Council area this week.
Of the 73 localities in the Gold Coast City region, 43 went down in value, 28 had no change in value and <a target="_blank" href="https://www.propertyobserver.com.au/queensland/the-only-two-gold-coast-suburbs-where-values-have-gone-up-in-2011/2012032954069">two increased in value</a>.
The area had an overall decrease in median values of -5.1%, from $247,500 to $235,000.
Valuer-General Neil Bray says the Gold Coast City Council area’s land values reduced by 8% overall since the last valuation in 2011.
Residential values continued to fall in most localities within the local government area, Bray says.
“Generally land values in the central coastal areas of Surfers Paradise and Broadbeach have declined in value by almost 50% since the 2008 peak,” he says.
Decisions on future planned construction projects along with weakening retail, industrial and tourism markets have had negative flow-on effects in spending and growth within the wider community, Mr Bray noted.
 
<table cellpadding="0" cellspacing="0" border="0" style="width: 470px;"><tbody>
<tr>
<td valign="top" width="111">
Localities
</td>
<td valign="top" width="136">
Median value at 1/10/2010 ($)
</td>
<td valign="top" width="136">
Median value 1/10/2011 ($)
</td>
<td valign="top" width="148">
Change in median value (%)
</td>
</tr>
<tr>
<td valign="top" width="111">
Paradise Point
</td>
<td valign="top" width="136">
490,000
</td>
<td valign="top" width="136">
417,500
</td>
<td valign="top" width="148">
-14.8
</td>
</tr>
<tr>
<td valign="top" width="111">
Runaway Bay
</td>
<td valign="top" width="136">
415,000
</td>
<td valign="top" width="136">
360,000
</td>
<td valign="top" width="148">
-13.3
</td>
</tr>
<tr>
<td valign="top" width="111">
Arundel
</td>
<td valign="top" width="136">
247,500
</td>
<td valign="top" width="136">
217,500
</td>
<td valign="top" width="148">
-12.1
</td>
</tr>
<tr>
<td valign="top" width="111">
Labrador
</td>
<td valign="top" width="136">
255,000
</td>
<td valign="top" width="136">
225,000
</td>
<td valign="top" width="148">
-11.8
</td>
</tr>
<tr>
<td valign="top" width="111">
Surfers Paradise
</td>
<td valign="top" width="136">
790,000
</td>
<td valign="top" width="136">
700,000
</td>
<td valign="top" width="148">
-11.4
</td>
</tr>
<tr>
<td valign="top" width="111">
Clear Island Waters
</td>
<td valign="top" width="136">
560,000
</td>
<td valign="top" width="136">
500,000
</td>
<td valign="top" width="148">
-10.7
</td>
</tr>
<tr>
<td valign="top" width="111">
Molendinar
</td>
<td valign="top" width="136">
240,000
</td>
<td valign="top" width="136">
215,000
</td>
<td valign="top" width="148">
-10.4
</td>
</tr>
<tr>
<td valign="top" width="111">
Ashmore
</td>
<td valign="top" width="136">
270,000
</td>
<td valign="top" width="136">
242,500
</td>
<td valign="top" width="148">
-10.2
</td>
</tr>
<tr>
<td valign="top" width="111">
Elanora
</td>
<td valign="top" width="136">
245,000
</td>
<td valign="top" width="136">
220,000
</td>
<td valign="top" width="148">
-10.2
</td>
</tr>
<tr>
<td valign="top" width="111">
Hollywell
</td>
<td valign="top" width="136">
270,000
</td>
<td valign="top" width="136">
242,500
</td>
<td valign="top" width="148">
-10.2
</td>
</tr>
<tr>
<td valign="top" width="111">
Jacobs Well
</td>
<td valign="top" width="136">
220,000
</td>
<td valign="top" width="136">
197,500
</td>
<td valign="top" width="148">
-10.2
</td>
</tr>
<tr>
<td valign="top" width="111">
Benowa
</td>
<td valign="top" width="136">
345,000
</td>
<td valign="top" width="136">
310,000
</td>
<td valign="top" width="148">
-10.1
</td>
</tr>
<tr>
<td valign="top" width="111">
Yatala
</td>
<td valign="top" width="136">
345,000
</td>
<td valign="top" width="136">
310,000
</td>
<td valign="top" width="148">
-10.1
</td>
</tr>
<tr>
<td valign="top" width="111">
Main Beach
</td>
<td valign="top" width="136">
1,000,000
</td>
<td valign="top" width="136">
900,000
</td>
<td valign="top" width="148">
-10
</td>
</tr>
<tr>
<td valign="top" width="111">
Parkwood
</td>
<td valign="top" width="136">
225,000
</td>
<td valign="top" width="136">
202,500
</td>
<td valign="top" width="148">
-10
</td>
</tr>
<tr>
<td valign="top" width="111">
Woongoolba
</td>
<td valign="top" width="136">
140,000
</td>
<td valign="top" width="136">
126,000
</td>
<td valign="top" width="148">
-10
</td>
</tr>
<tr>
<td valign="top" width="111">
Alberton
</td>
<td valign="top" width="136">
131,000
</td>
<td valign="top" width="136">
118,000
</td>
<td valign="top" width="148">
-9.9
</td>
</tr>
<tr>
<td valign="top" width="111">
Springbrook
</td>
<td valign="top" width="136">
142,000
</td>
<td valign="top" width="136">
128,000
</td>
<td valign="top" width="148">
-9.9
</td>
</tr>
<tr>
<td valign="top" width="111">
Gilberton
</td>
<td valign="top" width="136">
143,000
</td>
<td valign="top" width="136">
129,000
</td>
<td valign="top" width="148">
-9.8
</td>
</tr>
<tr>
<td valign="top" width="111">
Steiglitz
</td>
<td valign="top" width="136">
232,500
</td>
<td valign="top" width="136">
210,000
</td>
<td valign="top" width="148">
-9.7
</td>
</tr>
<tr>
<td valign="top" width="111">
Norwell
</td>
<td valign="top" width="136">
135,000
</td>
<td valign="top" width="136">
122,000
</td>
<td valign="top" width="148">
-9.6
</td>
</tr>
<tr>
<td valign="top" width="111">
Helensvale
</td>
<td valign="top" width="136">
212,500
</td>
<td valign="top" width="136">
192,500
</td>
<td valign="top" width="148">
-9.4
</td>
</tr>
<tr>
<td valign="top" width="111">
Bundall
</td>
<td valign="top" width="136">
430,000
</td>
<td valign="top" width="136">
390,000
</td>
<td valign="top" width="148">
-9.3
</td>
</tr>
<tr>
<td valign="top" width="111">
Burleigh Heads
</td>
<td valign="top" width="136">
325,000
</td>
<td valign="top" width="136">
300,000
</td>
<td valign="top" width="148">
-7.7
</td>
</tr>
<tr>
<td valign="top" width="111">
Stapylton
</td>
<td valign="top" width="136">
125,000
</td>
<td valign="top" width="136">
117,000
</td>
<td valign="top" width="148">
-6.4
</td>
</tr>
<tr>
<td valign="top" width="111">
Currumbin Waters
</td>
<td valign="top" width="136">
237,500
</td>
<td valign="top" width="136">
222,500
</td>
<td valign="top" width="148">
-6.3
</td>
</tr>
<tr>
<td valign="top" width="111">
Tugun
</td>
<td valign="top" width="136">
270,000
</td>
<td valign="top" width="136">
255,000
</td>
<td valign="top" width="148">
-5.6
</td>
</tr>
<tr>
<td valign="top" width="111">
Tallebudgera Valley
</td>
<td valign="top" width="136">
186,250
</td>
<td valign="top" width="136">
176,250
</td>
<td valign="top" width="148">
-5.4
</td>
</tr>
<tr>
<td valign="top" width="111">
Coolangatta
</td>
<td valign="top" width="136">
375,000
</td>
<td valign="top" width="136">
355,000
</td>
<td valign="top" width="148">
-5.3
</td>
</tr>
<tr>
<td valign="top" width="111">
Currumbin Valley
</td>
<td valign="top" width="136">
187,500
</td>
<td valign="top" width="136">
177,500
</td>
<td valign="top" width="148">
-5.3
</td>
</tr>
<tr>
<td valign="top" width="111">
Tallebudgera
</td>
<td valign="top" width="136">
251,250
</td>
<td valign="top" width="136">
238,750
</td>
<td valign="top" width="148">
-5
</td>
</tr>
<tr>
<td valign="top" width="111">
Broadbeach Waters
</td>
<td valign="top" width="136">
510,000
</td>
<td valign="top" width="136">
485,000
</td>
<td valign="top" width="148">
-4.9
</td>
</tr>
<tr>
<td valign="top" width="111">
Mount Nathan
</td>
<td valign="top" width="136">
255,000
</td>
<td valign="top" width="136">
242,500
</td>
<td valign="top" width="148">
-4.9
</td>
</tr>
<tr>
<td valign="top" width="111">
Southport
</td>
<td valign="top" width="136">
255,000
</td>
<td valign="top" width="136">
242,500
</td>
<td valign="top" width="148">
-4.9
</td>
</tr>
<tr>
<td valign="top" width="111">
Miami
</td>
<td valign="top" width="136">
310,000
</td>
<td valign="top" width="136">
295,000
</td>
<td valign="top" width="148">
-4.8
</td>
</tr>
<tr>
<td valign="top" width="111">
Ormeau Hills
</td>
<td valign="top" width="136">
207,500
</td>
<td valign="top" width="136">
197,500
</td>
<td valign="top" width="148">
-4.8
</td>
</tr>
<tr>
<td valign="top" width="111">
Bilinga
</td>
<td valign="top" width="136">
340,000
</td>
<td valign="top" width="136">
325,000
</td>
<td valign="top" width="148">
-4.4
</td>
</tr>
<tr>
<td valign="top" width="111">
Currumbin
</td>
<td valign="top" width="136">
330,000
</td>
<td valign="top" width="136">
317,500
</td>
<td valign="top" width="148">
-3.8
</td>
</tr>
<tr>
<td valign="top" width="111">
Robina
</td>
<td valign="top" width="136">
275,000
</td>
<td valign="top" width="136">
265,000
</td>
<td valign="top" width="148">
-3.6
</td>
</tr>
<tr>
<td valign="top" width="111">
Carrara
</td>
<td valign="top" width="136">
237,500
</td>
<td valign="top" width="136">
232,500
</td>
<td valign="top" width="148">
-2.1
</td>
</tr>
<tr>
<td valign="top" width="111">
Biggera Waters
</td>
<td valign="top" width="136">
280,000
</td>
<td valign="top" width="136">
275,000
</td>
<td valign="top" width="148">
-1.8
</td>
</tr>
<tr>
<td valign="top" width="111">
Palm Beach
</td>
<td valign="top" width="136">
305,000
</td>
<td valign="top" width="136">
300,000
</td>
<td valign="top" width="148">
-1.6
</td>
</tr>
<tr>
<td valign="top" width="111">
Ormeau
</td>
<td valign="top" width="136">
207,500
</td>
<td valign="top" width="136">
205,000
</td>
<td valign="top" width="148">
-1.2
</td>
</tr>
</tbody></table>
</body></html>

awalsh-7Ub9EypybQ

Paradise Point tops the 43 worst-performing Gold Coast localities in 2011

<html><body>
The Queensland Valuer-General has released the annual land valuations for properties in the Gold Coast City Council area this week.
Valuer-General Neil Bray says the Gold Coast City Council area’s land values had fallen by 8% overall since the last valuation in 2011.
Residential values <a href="https://www.propertyobserver.com.au/queensland/the-43-worst-performing-gold-coast-localities-in-2011/2012032954070" target="_blank">continued to fall in most localities</a> within the local government area, Bray says. <a target="_blank" href="https://www.propertyobserver.com.au/queensland/twenty-eight-localities-on-the-gold-coast-with-values-going-nowhere/2012051354265">They remained stable in two localities</a>.
“Generally land values in the central coastal areas of Surfers Paradise and Broadbeach have declined in value by almost 50 per cent since the 2008 peak,” he says.
Decisions on future planned construction projects along with weakening retail, industrial and tourism markets have had negative flow-on effects in spending and growth within the wider community, Bray notes.
Of the 73 localities in the Gold Coast City region, 43 went down in value, 28 had no change in value and two increased in value.
<table style="width: 470px;" cellpadding="0" cellspacing="0" border="0"><tbody>
<tr>
<td valign="top" width="133">
Residential localities
</td>
<td valign="top" width="137">
Median value at 1/10/2010 
</td>
<td valign="top" width="163">
Median value at 1/10/2011 
</td>
<td valign="top" width="125">
Change in median value (%)
</td>
</tr>
<tr>
<td valign="top" width="133">
Numinbah Valley
</td>
<td valign="top" width="137">
$147,250
</td>
<td valign="top" width="163">
$168,750
</td>
<td valign="top" width="125">
14.6
</td>
</tr>
<tr>
<td valign="top" width="133">
Lower Beechmont
</td>
<td valign="top" width="137">
$131,500
</td>
<td valign="top" width="163">
$138,000
</td>
<td valign="top" width="125">
4.9
</td>
</tr>
</tbody></table>
</body></html>

The only two Gold Coast suburbs where values have gone up in 2011

<html><body>
The Brisbane home that no one wanted to buy finally got sold last month.
The house that was Australia's most heavily discounted property for much of 2011 – 1350 Wynnum Road, Tingalpa – fetched $315,000.
The modest post-war home on an 1,158-square-metre block started its listing in November 2010 with $700,000 hopes, thereby reflecting a 55% price adjustment.
The deceased estate was under contract in August last year, <a href="https://www.propertyobserver.com.au/residential/bank-stop-overlooked-ugly-duckling-from-selling-in-deteriorating-brisbane-market/2011090251401">but the buyers were unable to get finance</a>. It has recently sold to an investor.
Property analyst Louis Christopher of SQM Research has said that discounting remains rife across the country, <a href="https://www.propertyobserver.com.au/queensland/treasure-island-avenue-home-heads-list-of-most-discounted-properties-in-queensland-sqm-research/2012032754036">with many vendors being forced to accept offers far lower than they hoped</a>.
<img src="/images/stories/wynnum3.jpg">
“Properties from certain pockets within Queensland have definitely undergone harsher discounting in comparison to other states and regions across the country and as we can see from these homes' individual advertisements, there some desperate vendors trying to sell within the area,” he says.
“Although these homes do generally only show the extremities of the market place, it has become evident in recent times that real estate in particular locations within this state has genuinely decreased in value over the last 12 months.”
There had been multiple offers during 2011 for the house but being on an industrial main road, it had its challenges.
“And it was probably listed too high in the beginning,” one of its former listing agents noted.
RP Data says the median house price in Tingalpa is currently about $426,000, which is up on the $425,000 median last August.
The original asking price was at the owner's directive.
The latest selling agent was Scott Watson at Ray White Birkdale.
<img src="/images/stories/wynnum4.jpg">
He marketed the property is being a “prime position 1,158-square-metre block is ready to be split into two with a massive 22-metre frontage, rent out or live in until you’re ready to cash in.
“The three-bedroom, one-bath, one-car home is very solid and surprisingly very quiet, when inside you will think you are in the suburbs.
“Never being sold before, this a chance of a life time and the owner is coast-bound and want this sold now,” he said.
“So if you like making money then you will need to be quick as this will make the phone run hot,” Watson advised potential buyers.
</body></html>

jchancellor-FAypfDUnLy

Long overlooked ugly duckling Brisbane house finally finds buyer

<html><body>
The property at 121 Treasure Island Avenue, Karragarra Island, tops SQM Research's list of the most discounted properties in Queensland. Its neighbour 700 metres down the road, 60 Treasure Island Avenue, still appears on realestate.com.au for sale but does not appear on SQM's list.
"At the moment there are a number of forces out there which could have either a positive or negative influence on the Queensland property market," says SQM director Louis Christopher.
"They include factors such as the recent change of government (which could have a positive impact on the housing market) or issues such as the fact that there is still an elevated supply of real estate on the market, particularly in north Queensland and south-east Queensland, which has already had a negative impact on house prices and will most likely continue to unless stock levels decrease."
1
<a target="_blank" href="https://www.realestate.com.au/property-house-qld-karragarra+island-106914618">121 Treasure Island Avenue, Karragarra Island, Queensland, 4184</a>
On the market since: October 23, 2010
Initial asking price: $335,000
Current asking price: $200,000
Reduction: 40%
Days on market: 511
 
 
 
<h2 style="font-size: 18px; line-height: 21px;"></h2>
<h2 style="font-size: 18px; line-height: 21px;">2</h2>
<a target="_blank" href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2009242341">102 Bancroft Terrace, Deception Bay, Queensland, 4508</a>
On the market since: September 26, 2011
Initial asking price: $645,000
Current asking price: $419,000
Reduction: 35%
Days on market: 175
 
 
3
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2009417474" target="_blank">320 Redbank Plains Road, Bellbird Park, Queensland, 4300</a>
On the market since: December 19, 2011
Initial asking price: $1,499,000
Current asking price: $975,000
Reduction: 35%
Days on market: 91
 
4
<a target="_blank" href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.realestate.com.au%2Fcgi-bin%2Frsearch%3Fa%3Do%26id%3D105609896">40 Courageous Court, Newport, Queensland, 4020</a> (pictured)
On the market since: March 29, 2003
Initial asking price: $1.75 million
Current asking price: $1.15 million
Reduction: 34%
Days on market: 1,084
 
<h2 style="font-size: 18px; line-height: 21px;">5</h2>
<a target="_blank" href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2008986804">64 Beckwith Street, Ormiston, Queensland, 4160</a>
On the market since: May 15, 2011
Initial asking price: $779,000
Current asking price: $525,000
Reduction: 33%
Days on market: 308
 
 
<h2 style="font-size: 18px; line-height: 21px;">6</h2>
<a target="_blank" href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.realestate.com.au%2Fcgi-bin%2Frsearch%3Fa%3Do%26id%3D107475501">65 Brentford Road, Richlands, Queensland, 4077</a>
On the market since: June 18, 2011
Initial asking price: $525,000
Current asking price: $359,000
Reduction: 32%
Days on market: 273
 
<h2 style="font-size: 18px; line-height: 21px;">7</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.realestate.com.au%2Fcgi-bin%2Frsearch%3Fa%3Do%26id%3D107603313" target="_blank">34 Seraya Court, Closeburn, Queensland, 4520</a>
On the market since: August 13, 2011
Initial asking price: $1,450,000
Current asking price: $995,000
Reduction: 31%
Days on market: 217
 
8
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.realestate.com.au%2Fcgi-bin%2Frsearch%3Fa%3Do%26id%3D106322479" target="_blank">1255 Gympie Road, Aspley, Queensland, 4034</a>
On the market since: February 20, 2010
Initial asking price: $510,000
Current asking price: $350,000
Reduction: 31%
Days on market: 756
 
<h2 style="font-size: 18px; line-height: 21px;"></h2>
<h2 style="font-size: 18px; line-height: 21px;">9</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.realestate.com.au%2Fcgi-bin%2Frsearch%3Fa%3Do%26id%3D107227469" target="_blank">36 First Avenue, Beachmere, Queensland, 4510</a>
On the market since: March 5, 2011
Initial asking price: $450,000
Current asking price: $310,000
Days on market: 378
 
<h2 style="font-size: 18px; line-height: 21px;">10</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.realestate.com.au%2Fcgi-bin%2Frsearch%3Fa%3Do%26id%3D106826848" target="_blank">226-228 West Mount Cotton Road, Cornubia, Queensland, 4130</a>
On the market since: October 2, 2010
Initial asking price: $1.2 million
Current asking price: $860,000
Reduction: 28%
Days on market: 532
 
<h2 style="font-size: 18px; line-height: 21px;"></h2>
 
<h2 style="font-size: 18px; line-height: 21px;"></h2>
SQM Research also offers a list of the <a href="https://www.sqmresearch.com.au/top100bargains.php" title="SQM Research" target="_blank">Top 100 Biggest Bargains in Australia </a>for sale.
 
 
 
 
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cknowlton-QnEa6ntUYP

Treasure Island Avenue home heads list of most discounted properties in Queensland: SQM Research

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Boothville House, the stately six-bedroom mansion in the Brisbane suburb of Windsor, remains listed for sale. It has a $4.5 million asking price.
It was built in 1887 for the Queensland National Bank to provide residential accommodation for managers, starting with Henry Wallis Glenny. It took its name after its purchase by William Booth, the son of the founder of the Salvation Army, in 1923. It was The Salvation Army-run Boothville Maternity Hospital for 70 years before it was closed in 1994. Some 80,000 babies were born at Boothville.
It was the transformed into a large family home after its restoration by Carbone Developments, which built villas in its then extended grounds. It has sweeping views across Brisbane, plus glass chandeliers, bay windows, fireplaces and crafted timberwork, and its listing agent Gabrielle Trickey of Ray White Paddington says there’s been much buyer interest. Boothville boasts 29 rooms including six bedrooms and seven bathrooms, a gym and a home theatre.
It retains many historical features, from the servants’ bell in the formal dining area to the oxygen panel in the gym, formerly the hospital operating theatre. It was bought by Melita and Drew Mattsson for $2.05 million in 2004. It sold in 2008 for $3.65 million and again in late 2008 to the current vendor, Queensland gas mining magnate Richard Cottee and his wife, Shauna, who paid $4.1 million. The couple divide their time between the UK and a farm outside Lorne on Victoria’s surf coast, where Shauna raises llamas and sheep.
 
 
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Stately Brisbane mansion Boothville House, formerly Boothville Maternity Hospital, listed for sale

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Tucked away in a special little corner of Queensland is a luxurious utopia with beautiful houses, native animals roaming freely and a prized level of environmental sustainability.
It is a rich man’s hideaway where strict design codes and by-laws ensure it remains an Australian paradise by the sea.
Sunrise at 1770 is near the exclusive Agnes Water between Bundaberg and Gladstone. It takes more than five hours to drive from Brisbane.
Remote by design, the project aimed to become the nation’s premier ecologically sustainable community.
In 2007 and 2008 the UDIA voted it the Best Sustainable Development in Queensland and then Australia. In 2009 at FIABCI’s Prix d’Excellence World Awards it was the first runner-up in the environmental category.
Twenty-five houses have been built in the community, which will allow a maximum of 172 homes on the site, which is surrounded by protected wetlands, beaches and reserves. One of its finest houses has been listed for sale with $2.95 million hopes.
The contemporary Springs Road house, which is owned by property investors Mark and Janene Hulst, was named both Queensland Home of the Year (2002) and Custom Home of the Year.
Noosa designer Steven Kidd of Kidd+co Designers designed this and several other glamorous houses at Sunrise.
“We had a great brief and we did a few houses in a row, which makes a nice vision. Mark’s house has a beautiful internal garden in a wonderfully unique environment. We decided to keep the existing vegetation and turn the house inside out,” Kidd says.
‘The balconies hang off the house. The design concept works with circulation areas plus breakout spaces. It is a timber-framed house with exceptional timberwork inside that was crafted by the builder Mike Murray.”
Given the house is positioned at a 45-degree angle, two faces take in views of the Coral Sea and the famous Springs Beach surf break.
Clean lines create a tree house style of living where sections of space with cantilevered balconies act as a floating canvass with a pristine bushland or the sea as a frame. It is minimalism without forsaking any cosy comforts, since the house is technically savvy and equipped with rain sensors on the atrium windows, an external rooftop sprinkler system for fire control, under-garage water tanks, auto sensor bathroom lighting and in a nod to summertime necessities, climate-controlled wine storage behind the kitchen.
“We built it together and love living at Sunrise. It was a great challenge so we are looking to buy another block of land here and do it all again,” says Mark Hulst.
Sunrise at 1770 has raised boardwalks to two beach clubs with three pools, barbecue pavilions and tennis courts.
To buy into Sunrise, where the Smorgan family owns property alongside bankers, a film producer and a couple surfing identities, is to buy into a body corporate with a green future. The primary water supply comes from rainwater tanks and wastewater is used to supply toilets, a communal car wash and firefighting.
A “dark sky” policy prevails so turtles use their rookeries. Non-native pets are verboten, so local wildlife and Godzilla, the resident two-metre-long goanna, can roam unmolested.
The three-bedroom, three-bathroom Hulst house is listed for sale through Gordon Christian at Harcourts Agnes Water.
 
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andreadixon-oif3j7eKne

Sustainable Agnes Water award winner listed on Queensland’s Discovery Coast

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I like David Koch. I must confess I like Mel, Natalie and Fifi more, but David, by my standards, is a cut above the rest when it comes to daytime television.
But, and this is a big BUT, I like David far less <a target="_blank" href="https://www.propertyobserver.com.au/residential/kochie-sets-his-sights-on-estate-agents-and-journalists-in-queensland-property-catastrophe-stoush/2012013053183">when he delivers blanket statements</a> such as a “property catastrophe is underway in places like the Sunshine and Gold coasts”. I was going to stay out of this, but the negative impact of David’s comments has been substantial. The power of celebrity these days cannot be underestimated, and with it should come much more care.
Yes, both coasts have experienced a sustained property downturn. And for generic lifestyle-orientated property in both locations, the decline in value might not yet be over. For well- understood reasons, the current situation is warranted.
But there are always markets within markets and available advice beyond “just don’t go there”. As I <a target="_blank" href="https://www.propertyobserver.com.au/residential/seven-positive-signs-for-australias-property-markets/2012021453387">wrote a few weeks back</a>, a property’s value is only partially dependent on the broader market conditions. Studies show that about 40% of growth (or otherwise) can be explained by trends in the overall market. The all-important 60% comes down to more individual factors such as location, the style of housing, its design and inclusions, and the income/demographics of the area.
A major driver behind this 60% is new infrastructure. I have googled David Koch and discovered that on many occasions, he supported such claims. David and Libby’s investment advisory columns frequently advocate such.
So why, David, is a place like Kawana (which is on the Sunshine Coast) up shite creek, when one of the largest infrastructure projects in Australia –the sixth largest teaching hospital in the world – is about to start construction? And in support, there is a hell of a lot more going on in the Kawana area on the Sunshine Coast than most know about. It is, after all, about a kilometre away from the beach, so maybe the Sunrise cameras couldn’t find it.
The statistics are somewhat mind blowing. Let me bore you for a minute or two while I recite some of them:
Click to enlarge
<a title="Click to enlarge" rel="shadowbox" href="/images/stories/matus.jpg"><img src="/images/stories/matusthumb.jpg"></a>
<ul>
<li>The Sunshine Coast University Hospital or SCUH for short will be a private-public partnership with Queensland Health. The short-listed partnership consortiums are Lend Lease, Thiess/AbiGroup and Lang O’Rourke. Construction is planned to start in 2013, with stage one of 450 beds completed in 2016, expanding to 738 beds in 2021. The hospital will create 2,000 construction jobs and 3,500 permanent jobs once complete. It is expected that more than 15,000 people will visit the hospital each and every day.</li>
<li>
Ramsay Private Hospital Co-located with SCUH. Construction is now underway and in late 2013 this 200-bed private hospital will house 700 permanent employees and create 360 jobs during construction.</li>
<li>
SARC or the Skills, Academic and Research Centre, will provide teaching and research within the hospital campus. A $61 million capital investment, with 150 academic and support staff catering for 1,300 students each year.</li>
<li>
KHIP (don’t you love all these acronyms), or Kawana Health Innovation Park, will be a commercial precinct distributed across a number of sites across the hospital campus.</li>
<li>
Kawana Town Centre and medical precinct. The town centre – adjacent to the SCUH, will commence in 2013 too. The town centre incorporates 80,000 square metres of retail, commercial, community and entertainment facilities as well a medium-density residential sites. The town centre is expected to generate about 5,000 jobs during construction and similar in permanent positions upon completion.</li>
</ul>
The “Kawana Health Hub” – for the sake of calling it something – is a very big regional initiative, comparable with a major resources project. Yet few know about it. It is a game changer, a recovery catalyst, a smart job generator, which the likes of David Koch should be spruiking rather than carpet bombing.
For those who are a little poor at maths, the Kawana Health Hub will employ around 2,000 construction workers at any one time between now and at least 2016. In addition, it is projected – yet international case studies of similar major infrastructure projects suggest a higher multiplier – that 10,000 permanent jobs with be created in the locality. The vast majority will be new jobs.
The back-of-an-envelope demand analysis – relax, I have been doing them for close to 25 years and rarely get this stuff wrong – suggests that 10,000 new jobs will create the demand for between 5,500 and 6,000 new dwellings. Yet the approved residential offerings in the region suggests that 3,500 new dwellings can be supplied in the adjacent Birtinya neighbourhood and a further 1,000 new residents on the beachfront parcel known locally as “Bokarina”.
The projected 10,000 permanent jobs, by the way, exclude those generated from new housing construction, which most readers know can also be substantial.
The average daily spend in the Kawana area over the next five years will be $1.5 million. I repeat – $1.5 million per day.
The Sunshine Coast University Hospital alone is valued at $2 billion and represents almost a quarter of the current Sunshine Coast regional economy. It is estimated that it will inject about $700 million into the Sunshine Coast economy every year and will be the coast’s single largest employer.
Now for the life of me, I don’t see how this part of the Sunshine Coast can be labelled “catastrophic”. Oh, and by the way, three-quarters of the Sunshine Coast’s permanent population of 340,000 actually live within the Kawana catchment area.
So, David, instead of labelling the Gold and Sunshine coasts as “property catastrophes” maybe a more subtle message is needed. May I suggest something like:
“There is little doubt that both the Gold and Sunshine coast residential property markets are doing it tough. Buyers do have a lot of choice and for generic lifestyle-orientated stock; asking prices are still under pressure.
“Astute buyers of older second-hand stock, however, can now buy below replacement cost. Investors should always focus on property adjacent to existing and especially new infrastructure. The most successful residential investors also hold for the long term.
“There are buying opportunities on both coasts. You just need to do your homework first.”
Now, I wonder if this column will get me a gig on Sunrise?
Michael Matusik is the director of independent property advisory Matusik Property Insights. Matusik has helped over 500 new residential developments come to fruition and writes the weekly  <a href="https://matusikmissive.wordpress.com/" target="_blank" title="Matusik's Missive">Matusik's Missive</a>.
 
 
 
 
 
 
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michaelmatusik-49YzLvdmNv

Wait a minute, Kochie, there are bright spots for property investment on the Gold and Sunshine coasts

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Experienced property developer Jack Ray has become the latest Mermaid Beach millionaire’s row sales victim.
His two-bedroom Hedges Avenue beachfront cottage has been sold after being listed with $4.2 million-plus hopes through Michael Kollosche at Ray White Broadbeach.
No sale price has been revealed.
He had paid $5.85 million for the property in September 2008, buying from a company linked to another high-profile developer, Mike Moorhead.
Moorhead had done a full renovation on the house, so Ray’s only additions were to enclose the garage.
The home is on a 405-square-metre block opposite the Republic Café.
The cottage’s peak sale was $6.75 million in 2007 when sold by hypnotherapist Carolyn Balanda, having previously traded at $5.97 million in 2006.
Moorhead and Balanda had also been involved in a 2007 sale when she sold to Moorhead on Albatross Avenue for $8.45 million.
Moorhead then sold it for $7 million in 2008, and Kollosche had the 782-square-metre vacant block recently listed at $5.9 million plus until its withdrawal earlier this month.
When he listed last October Ray indicated the likelihood that he would buy again in Mermaid Beach possibly on nearby Albatross Avenue with rebuilding intentions with his partner, high-profile television personality Natalie Gruzlewski, the host of The Farmer Wants a Wife.
 
 
 
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Property developer Jack Ray and Natalie Gruzlewski looking elsewhere on Mermaid Beach despite copping loss

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Toowoomba is one of just <a href="https://www.propertyobserver.com.au/hotspots/queensland-towns-dominate-list-of-hotspot-kings-for-three-years/2012030553676">nine locations</a> that has been listed as an investment hotspot three years running (2010-2012) by Australian Property Investor magazine in its annual Hot 100 list.
As Australia's second-largest inland city (after Canberra), Toowoomba could benefit from providing services to the Surat Basin about 160 kilometres to the north west, Australia’s largest coal seam gas (CSG) mine.
However, the town is still recovering from the devastating effects of the 2011 inland tsunami that claimed 22 local lives and caused $7 billion worth of damage to homes and infrastructure in the town and neighbouring Lockyer Valley. Residents complain that the pace of reconstruction remains slow while some home owners continue to battle with insurers to rebuild their homes.
Location and demographics
Toowoomba is located 127 kilometres west of Brisbane. It is bounded by the South Burnett region in the north, the Somerset region and the Lockyer Valley region in the east, the Southern Downs region and the Goondiwindi region in the south, and the Dalby region in the west.
It has an estimated district population of about 150,000, which is expected to reach 231,000 by 2031 and possibly as high as 250,000 under a high-growth scenario (Canberra has a current population of 358,000).
The Queensland government forecasts Highfields, 14 kilometres north of Toowoomba, along with Toowoomba south-east, Toowoomba west and Westbrook, 12 kilometres south of Toowoomba, to grow the fastest over the next four years.
According to ABS statistics, the Toowoomba municipality’s unemployment rate dropped from 3.5% to 1.6% between 2005 and 2009, and its population grew by 7%.
 Key property data
According to RP Data, Toowoomba is more affordable than nearby Chinchilla (also a mining hotspot) and significantly more affordable than hotspot king Gladstone, though returns are lower.
<table cellpadding="0" cellspacing="0" border="1" style="width: 470px;"><tbody>
<tr>
<td valign="top" width="123">
 
</td>
<td valign="top" width="123">
Median house price
</td>
<td valign="top" width="123">
Yield
</td>
<td valign="top" width="123">
Median unit prices
</td>
<td valign="top" width="123">
Yield
</td>
</tr>
<tr>
<td valign="top" width="123">
Moranbah
</td>
<td valign="top" width="123">
$510,000
</td>
<td valign="top" width="123">
12%
</td>
<td valign="top" width="123">
SNR
</td>
<td valign="top" width="123">
SNR
</td>
</tr>
<tr>
<td valign="top" width="123">
Rockhampton
</td>
<td valign="top" width="123">
$217,500
</td>
<td valign="top" width="123">
6%
</td>
<td valign="top" width="123">
$447,500
</td>
<td valign="top" width="123">
5%
</td>
</tr>
<tr>
<td valign="top" width="123">
Gladstone
</td>
<td valign="top" width="123">
$437,000
</td>
<td valign="top" width="123">
5%
</td>
<td valign="top" width="123">
$350,000
</td>
<td valign="top" width="123">
7%
</td>
</tr>
<tr>
<td valign="top" width="123">
Toowoomba
</td>
<td valign="top" width="123">
$275,000
</td>
<td valign="top" width="123">
5%
</td>
<td valign="top" width="123">
$233,500
</td>
<td valign="top" width="123">
5%
</td>
</tr>
<tr>
<td valign="top" width="123">
Chinchilla
</td>
<td valign="top" width="123">
$320,000
</td>
<td valign="top" width="123">
5%
</td>
<td valign="top" width="123">
$252,500
</td>
<td valign="top" width="123">
8%
</td>
</tr>
</tbody></table>
 
About a third (31%) of residents in Toowoomba and the Lockyer Valley rent.
Hotspotting.com.au director Terry Ryder warns against investing in locations solely reliant on the resources boom.
In this respect, Toowoomba is more than just a base for mining companies. It has a diverse economy with major industries including manufacturing, agriculture and education. Toowoomba has more than 23 private schools and a technical college, as well as being home to a campus of the University of Southern Queensland.
Ryder describes Toowoomba as a “prime example of a strong regional economy that benefits from the resources boom but doesn’t rely on it – making it a safe long-term bet for investors.
“Toowoomba has a diverse economy, a secure water supply … and an exciting future given everything that is happening in the neighbouring Surat Basin, Australia’s new resources boom province,” Ryder explains as part of his reason for selecting Toowoomba in Smart Property Investment magazine’s 2012 list of 50 locations with the most price growth potential.
Toowoomba was also one of <a href="https://www.propertyobserver.com.au/australian-capital-territory/of-15000-suburbs-21-rise-to-the-top-as-worth-a-look-for-investors/2011072750933" target="_blank">only 21 locations to be included on hotspot lists</a> of both Your Investment Property magazine and Australian Property Investor last year.
Toowoomba is the top pick of RP Data’s David Williams, who says “Toowoomba is quickly becoming a base town for [CSG] mining companies”.
Current state of the market
According to the January 2012 ANZ Australian Housing Chart book, Toowoomba was one of the better-performing regional locations in Queensland, with price growth of around 3%. This is well below that of hotspot king Gladstone, but it is higher than the overall regional Queensland market and Brisbane.
Click to enlarge
<a href="/images/stories/qldgrowth.gif" rel="shadowbox" title="Click to enlarge"><img src="/images/stories/qldgrowththumb.gif"></a>
Source: ANZ January 2012 Housing Chart Book
Demand for property in Toowoomba will likely be underpinned by strong population growth in the neighbouring Lockyer Valley, which is one of Australia’s fastest-growing regional areas:
Click to enlarge
<a href="/images/stories/fastregional.gif" rel="shadowbox" title="Click to enlarge"><img src="/images/stories/fastregionalthumb.gif"></a>
Source: ANZ January 2012 Housing Chart Book
What local estate agents say
Lynn McLean, owner of Realpoint Property owner, reports an increase in sales in January. "It's all starting to finally happen for the Surat Basin," she told the Toowoomba Chronicle. "Last week I sold five other blocks of land specifically to cater for the mining industry.”
McLean says she has “a waiting list of people looking for blocks of units and duplexes” and has been taking delegations of interstate and overseas investors on tour of the city's real estate.
She is currently marketing a two-bedroom house on Jellicoe Street (pictured below) on a 1,400-square metre-lot for $315,000 as a development opportunity suited for mine workers.
<img width="470" src="/images/stories/toow1.jpg">
“At the very western end of Jellicoe Street, so is perfectly situated for accommodation units for the mining workers,” she writes.
It is currently rented at $205 per week, reflecting a yield of 3.38%
“You could divide it into two lots, both lots would have good street frontage or you could remove the house and build five units,” she says.
A pick-up in activity has also been noted by Collier International's Dominic Ryan, after a slow 2011.
According to Ryan there has been a lot of interest of late from investors in towns near the Surat Basin. Ryan expects rents to start rising.
Another agent, Daniel Steinberg from Ray White Toowoomba is selling this four-bedroom house on Winning Street currently rented at $355 per week at an asking price of $345,000.
This equates to a yield of 5.35%.
<img width="470" src="/images/stories/toow2.jpg">
“Act now before the mining rental boom hits the west side of Toowoomba,” he writes.
Reasons to buy:
<ul>
<li>Growing reputation as gateway to Surat Basin driving up residential sales</li>
<li>More affordable than other regional locations near mining activity</li>
<li>Growing population </li>
<li>Not just reliant on mining but a thriving multi-sector regional town</li>
<li>Investors in new homes in Toowoomba can take advantage of the $10,000 building boost until April</li>
</ul>
Reasons not to buy:
<ul>
<li>Physical scars still remain from the devastating inland tsunami </li>
<li>Reports that buyers remain “spooked” about buying in flood-affected towns.</li>
</ul>
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lschlesinger-FZcF9M3vE6

Hotspots: Toowoomba could be headed for recovery

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Remote north Queensland mining towns dominate a list of the state’s top-performing suburbs in 2011, according to RP Data’s list of top 100 house price growth suburbs.
Reflecting the underperformance of the Queensland housing market in 2011, there are only 12 sunshine state locations on the list, with nine of these having strong ties to mining and natural resources activity.
All nine mining towns rank inside the top 50 with four inside the top 10 suburbs <a href="https://www.propertyobserver.com.au/queensland/hotspot-high-yields-and-price-growth-in-moranbah-but-best-time-to-buy-may-have-passed/2012022753563" target="_blank">led by top placed Moranbah</a> in the Isaac region coal belt as well as nearby Clermont, which ranked 22nd.
Moranbah is followed by a cluster of towns around Gladstone, the epicentre of $75 billion worth of liquefied natural gas, rail and port projects. These include New Auckland (third), Clinton (sixth) and West Gladstone (eighth).
Ray White Gladstone principal Andrew Allen says investors make up 60% of buyers in the region, with vacancies in 2011 below 1% despite a record number of dwellings approved by the council.
About 10,000 new workers are expected in Gladstone over the next 12 months, with mining companies building 4,000 accommodation units and the Queensland government developing about 1,000 blocks.
“Demand outweighs supply two to one,” Allen tells The Australian.
The mining outlier is Roma, 515 kilometres west of Brisbane in the Darling Downs, a town swept up in the coal seam gas (CSG) boom and the home of Origin Energy's Spring Gully Coal Seam Gas Development and the outer end point of the 434-kilometres Roma-to-Brisbane gas pipeline.
The three remaining locations are the Brisbane suburbs of Red Hill (17th), Indooroopilly (70th) and Coorparoo (77th).
Red Hill, just three kilometres from the Brisbane CBD, recorded impressive house price growth of 12% to a median house price of $705,000 and is the only one of the tree Brisbane suburbs to rank higher than some of the remote mining locations.
Queensland locations in the RP Data Top 100 
<table cellpadding="0" cellspacing="0" border="1" style="width: 470px;"><tbody>
<tr>
<td valign="top" width="123">
Rank
</td>
<td valign="top" width="123">
Location
</td>
<td valign="top" width="123">
Median value in 2010
</td>
<td valign="top" width="123">
Median value in 2011
</td>
<td valign="top" width="123">
% change
</td>
</tr>
<tr>
<td valign="top" width="123">
1st
</td>
<td valign="top" width="123">
Moranbah
</td>
<td valign="top" width="123">
$474,000
</td>
<td valign="top" width="123">
$612,000
</td>
<td valign="top" width="123">
29%
</td>
</tr>
<tr>
<td valign="top" width="123">
3rd
</td>
<td valign="top" width="123">
New Auckland
</td>
<td valign="top" width="123">
$379,000
</td>
<td valign="top" width="123">
$459,000
</td>
<td valign="top" width="123">
21.2%
</td>
</tr>
<tr>
<td valign="top" width="123">
6th
</td>
<td valign="top" width="123">
Clinton
</td>
<td valign="top" width="123">
$385,000
</td>
<td valign="top" width="123">
$452,000
</td>
<td valign="top" width="123">
17.4%
</td>
</tr>
<tr>
<td valign="top" width="123">
8th
</td>
<td valign="top" width="123">
West Gladstone
</td>
<td valign="top" width="123">
$353,000
</td>
<td valign="top" width="123">
$412,000
</td>
<td valign="top" width="123">
16.7%
</td>
</tr>
<tr>
<td valign="top" width="123">
11th
</td>
<td valign="top" width="123">
Roma
</td>
<td valign="top" width="123">
$274,000
</td>
<td valign="top" width="123">
$317,000
</td>
<td valign="top" width="123">
15.7%
</td>
</tr>
<tr>
<td valign="top" width="123">
12th
</td>
<td valign="top" width="123">
Blackwater
</td>
<td valign="top" width="123">
$310,000
</td>
<td valign="top" width="123">
$357,000
</td>
<td valign="top" width="123">
14.9%
</td>
</tr>
<tr>
<td valign="top" width="123">
18th
</td>
<td valign="top" width="123">
Red Hill
</td>
<td valign="top" width="123">
$629,000
</td>
<td valign="top" width="123">
$705,000
</td>
<td valign="top" width="123">
12%
</td>
</tr>
<tr>
<td valign="top" width="123">
21st
</td>
<td valign="top" width="123">
Boyne Island
</td>
<td valign="top" width="123">
$421,000
</td>
<td valign="top" width="123">
$470,000
</td>
<td valign="top" width="123">
11.8%
</td>
</tr>
<tr>
<td valign="top" width="123">
22nd
</td>
<td valign="top" width="123">
Clermont
</td>
<td valign="top" width="123">
$317,000
</td>
<td valign="top" width="123">
$353,000
</td>
<td valign="top" width="123">
11.3%
</td>
</tr>
<tr>
<td valign="top" width="123">
35th
</td>
<td valign="top" width="123">
Emerald
</td>
<td valign="top" width="123">
$354,000
</td>
<td valign="top" width="123">
$385,000
</td>
<td valign="top" width="123">
8.6%
</td>
</tr>
<tr>
<td valign="top" width="123">
70th
</td>
<td valign="top" width="123">
Indooroopilly
</td>
<td valign="top" width="123">
$653,000
</td>
<td valign="top" width="123">
$692,000
</td>
<td valign="top" width="123">
6%
</td>
</tr>
<tr>
<td valign="top" width="123">
76th
</td>
<td valign="top" width="123">
Coorparoo
</td>
<td valign="top" width="123">
$602,000
</td>
<td valign="top" width="123">
$634,000
</td>
<td valign="top" width="123">
5.4%
</td>
</tr>
</tbody></table>
Source: RP Data
Photo courtsey of <a target="_blank" href="https://www.flickr.com/">Flickr.</a>
 
 
 
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