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]

Joel Robinson

The Rothschild reinterprets Rosebery’s industrial DNA into residential form

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

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

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

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

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

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

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A former convent property in <a target="_blank" title="Wynnum" href="/news">Wynnum</a> has been sold for $1.6 million – a record residential sale for the bayside Brisbane suburb.
The Brisbane congregation of the Sisters of Mercy sold the 20-room former 1915 hillside convent, which overlooks Moreton Bay.
Mount Carmel Convent, replete with Arts and Crafts-style timber balustrades and joinery, was built at a cost of £8000.
Its selling agent Robert Dunne of Savills Queensland said the property attracted 79 inspections with eight subsequent offers.
It was purchased by Ivan Simon, of production company IJS Logistics, who plans to restore the former convent into a prestige residence.
It already features decorative external design features, including cast iron and timber balustrades and glazed face brick walls with rendered sections.
It interiors have pressed metal ceilings, stained glass and leadlight windows.
It design dates back to the architectural partnership of Hall and Dods, who were highly regarded for their early 20th century ecclesiastical work.
The partnership of Hall and Dods was established in 1896 and continued until 1916. Dods was also architect to the Anglican Diocese of Brisbane and the firm oversaw the construction of St John's Cathedral.
It was heritage listed in 1999.
Robert Dunne said the Wynnum property no longer provided suitable accommodation for the two sisters who were living there.
Established primarily as a teaching order in 1831 in Ireland by Catherine McAuley, the first Sisters of Mercy arrived in Queensland in 1861.
Savills Queensland has sold convents at Paddington and West End for the order.
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Convent sale fetches highest Wynnum price bar nun

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Tony De Leede, who recently featured at number 90 on the Queensland Top 100 Rich List, has listed his redundant Mermaid Beach retreat for sale.
The three-level, four-bedroom, four-bathroom Hedge Avenue house – with massive but empty walk-in master bedroom wardrobe – is being marketed by Kingfisher Realty agent Conal Martin.
“Properties of this calibre rarely become available on tightly held Hedges Avenue, and we expect the property to stir up a lot of interest within the prestige real estate market here on the Gold Coast,” Martin says.
De Leede was the founder and former managing director of Fitness First Australia. He paid $7.3 million in 2009 after the property downturn hit the Gold Coast in late 2008. It was $1.5 million less than the asking price of its vendor, Lisa Frawley, the wife of the former Roamfree executive director Mark Frawley. Leede has says he is willing to take a small loss on the property.
The 607-square-metre house was constructed four years ago.
“It’s been only sparingly used due to Tony De Leede’s heavy business schedule, so he has reluctantly decided to sell the home,” Martin says.
“At the time of purchase, I considered this property was the best value on Hedges Avenue and made the decision to buy it the moment I viewed the home with the intention of living in it.” De Leede says.
“Business commitments intervened with my plans, due mainly to guiding the explosive development of my new business venture, Fit ‘n’ Fast Fitness Clubs.
“This has constrained my presence on the Gold Coast to far less than originally planned, resulting in the property being under-utilised.
“With two other beachfront properties in Burleigh Heads and a love of spending time at my award-winning health retreat Gwinganna in the Tallebudgera Valley, I have reluctantly decided to sell my home on Hedges Avenue.” De Leede says.
The house has a four-car garage.
The top floor exclusive parents’ area also has a contemporary en suite with spa and a private balcony overlooking the beach.
The first floor has three bedrooms, two bathrooms, a kitchenette area and a casual lounge area plus an open balcony.
The ground floor living area has a kitchen with granite tops and Miele appliances and walk-in pantry. A dedicated office is located on the ground level.
The grounds have a lap pool and spa pool.
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Fitness First founder seeks to shed overweight Gold Coast property portfolio

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1 Port Douglas Rainforest Estate, <a target="_blank" title="Port Douglas" href="/news">Port Douglas</a>, Queensland, 4877
Rainforest Estate, a four-hectare luxury property in far north Queensland’s tropics, is on the market as either short-stay accommodation or a private residence.
Vendors Allen Perry and Christine Brinkley, who founded software development company Coglin Mill, are hoping for $5 million for the property but have “realistic expectations”, according to <a href="https://www.ljhooker.com.au/AFFF4A" title="LJ Hooker Port Douglas" target="_blank">LJ Hooker Port Douglas</a> agent Michael Samson, who is marketing the property. The property has five bedrooms, four bathrooms, a kidney-shaped pool and luxurious fittings and fixtures.
The property comprises four interconnected buildings, undisturbed rainforest and enough cleared land for a helipad. When Brinkley and Perry rented out the property it had a 30% occupancy rate, which generated annual income over $100,000.
When Brinkley and Perry bought the property it was in a neglected state, and the couple spent several million dollars reclaiming it from the surrounding rainforest and creating a luxury home. They now plan to turn their attention to building an 81-hectare eco-resort in Port Douglas.
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Rainforest retreat with $5 million hopes

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40-42 The Peninsula Parade, Sovereign Islands, Queensland, 4216
On a 1,412-square-metre block with 43 metres of waterfront, this mansion is built in the style of prestige properties in New York enclave of the rich and famous The Hamptons. The five-bedroom, six-bathroom property includes vast open spaces, a resort-style swimming pool, wet bar and all of the luxurious brand-name and marble extras you would expect from a property being marketed with $4.25 million hopes. The property includes broadwater access, as well-heeled yachties are its target demographic. It is being marketed by <a target="_blank" title="Caldwell Banker Ledgerwood " href="https://www.cblrealty.com.au/buying/QLD/Gold-Coast-and-Hinterland/SOVEREIGN-ISLANDS/House/31P0186">Caldwell Banker Ledgerwood Realty</a> agent James Ledgerwood. 
 
{module 238}
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Resort-style living in Sovereign Islands

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1 Newstead Terrace, <a target="_blank" title="Newstead" href="/news">Newstead</a>, QLD, 4006
The price of this riverfront property with panoramic city views has been reduced from $3 million to $2.4 million. The three-bedroom, two-bathroom property across 400 square metres offers luxury lifestyle extras like smart wiring, top-of-the-range fittings and a concierge. The development has a pool and state-of-the-art gym, and the property has a vast balcony. It is being sold by <a target="_blank" title="Sissons" href="https://www.sissons.com.au/property-Apartment-QLD-Newstead-1672017">Sissons </a>agent John Sheehan. 
 
{module 238}
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Discounted luxury in Newstead

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Melbourne businessman Paul Preat, who heads a helicopter adventure tourism company, has spent $8 million on an Airlie Beach retreat.
He has bought Mandalay Coral Gardens, a record-setting waterfront residence in tropical North Queensland, which comes with its own helipad.
It was sold by Whitsundays developer Bill Sharpe and his wife, Kirsty.
It won the Australian Master Builders Association house of the year award for 2007-08.
It took four years for the Sharpes to complete building on the 4749-square-metre property, to designs by architect Peter Connelly.
The four-bedroom main building has two levels with sliding glass walls, plus huge outdoor terraces and a marina berth.
It comes with a 40-metre infinity-edge pool that wraps around three sides of the house and has a swim-up wet bar. Informal living areas extend to a private beach with a teppanyaki pavilion.
Ken Jacobs and Darren Curtis at Christie's International oversaw the listing in conjunction with Rob Taylor at PRD Nationwide Whitsundays. It was initially listed in 2008, with the Preats being the keenest buyers when it didn’t sell at its June 2010 auction on Hayman Island.
The 1000-hectare Larundel farm, the Preat family residence in Victoria's Western District, remains listed through Jock Langley at Abercromby's Real Estate Armadale.
Most recently priced at $14 million, it was initially listed with $20 million hopes in late 2009.
The Larundel homestead is at Cargerie, near Meredith. Its interiors are by designer John Coote, and it is now set in Paul Bangay gardens. It was built by the Austin family, founders of the Larundel psychiatric and Austin hospitals.
Mr Preat, who has been associated with veterinary products, has indicated previously he and his wife Gabrielle were selling to pursue a new tourism opportunity in Queensland.
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Melburnian shells out $8m for Whitsundays winter escape 

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<img src="/images/stories/branson3-cropped.png">
Makepeace Island, Virgin tycoon Richard Branson's getaway off the Sunshine Coast, has now been opened to the luxury resort hire market.
It costs $7,900 a night for a party of eight guests and up to $16,890 a night in peak season for up to 22 guests. It’s a bit cheaper than Branson’s Necker Island in the British Virgin Islands, which costs $US53,000 ($A49,380) per night to hire.
Once a muddy patch of land floating on the Noosa River, the 9.2-hectare heart-shaped island has been transformed into an ultra-luxurious Balinese-style retreat with 11 bedrooms.
Sir Richard, along with Virgin Blue executives Brett Godfrey and former colleague Rob Sherrard, bought it for $2.86 million in 2007.
On its purchase Sir Richard said he had purchased it as a present to his employees.
"It's incredible when you think of the achievement that all of the staff have done down here. Airfares have halved and hundreds and thousands of more people are travelling," he said.
"None of that could have been possible had it not been for our magnificent staff.
"As a thank you, we have bought a beautiful island off Noosa for the staff to use with their friends to come and party," Sir Richard said. 
But the initial plans to develop it as a luxury staff resort failed to gain Noosa Council approval. In 2008 work finally began to renovate the old timber cottage on Noosa's only privately owned island.
The subtropical island, six kilometres upstream from the coast, originally featured a classic 1911 Queenslander residence with corrugated iron roof dating back to the days when the island was known as Pig Island.
The property now comes with a main long house with a giant bar, a four-bedroom guesthouse, several two-bedroom villas, a boathouse and a lagoon pool with a lap lane, dive spots and a 15-person spa.
The island has its own riverboat to transfer guests, a full-sized tennis court, outdoor cinema, two-storey open-air Balinese wantilan, a games room and office facilities.
Sir Richard, who says Noosa is his "favourite place in Australia", says Makepeace is available for whole-of-island rental only. It comes with staff, who prepare all meals. 
"When neither Brett nor myself are visiting Makepeace, we will make the island and its facilities available for others to enjoy the tranquility of what is a very special place," Branson said.
The house had been the home of artist Brian Spencer and his wife, Beverley, between 1980 and 1997.
Makepeace Island was first owned by Charles Nicholas, who built the Queenslander in 1924. The island, alongside the Sheep and Goat islands, was renamed after a spinster housekeeper named Hanna Makepeace who inherited the house after starting work there in 1924. 
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Sir Richard Branson’s Noosa getaway for hire – for $17,000 a night

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As we look to what's ahead for 2012, Property Observer is republishing some of our most noteworthy stories of 2011.
 
Brisbane’s serviced apartment market is mounting an exceptionally strong recovery, in direct contrast to dwindling numbers on the Gold Coast and Sunshine Coast.
Serviced apartment occupancy ratios in Brisbane soared during the March quarter of 2011, rising 65% in January 2011 to 83%, according to ABS data.
Guests spent just over 123,000 nights staying in the city’s 4,800 rooms in March 2011, compared with about 93,000 in January.
While guests are staying for slightly shorter periods (three days in March, down from 3.5 days in January), average takings per room have increased from $147 a night to $172.
The figures suggest the Brisbane market may present opportunities for investors.
Earlier this year, property analyst Michael Matusik suggested investors look at the serviced apartments sector ahead of the lacklustre residential sector.
Matusik calls serviced apartments “residential assets wrapped up in a commercial lease” and says most of the 900-plus serviced apartment projects are taking place in Queensland.
According to the CBRE Hotels Traveller Accommodation Property Database, Queensland makes up nearly half (47.6%) of Australia’s serviced apartment market.
Brisbane is one of the epicentres of growth, with the city accounting for nearly a quarter of all serviced apartment accommodation in the state.
“Serviced apartment products have several advantages over traditional residential investments,” Matusik says.
“Apart from offering pre-tax returns between 1% and 2% higher than standard residential properties, serviced apartments also offer a commercial lease arrangement.”
Furthermore, Matusik says the number of people who stayed in an Australian serviced apartment last year increased to 2.3 million, from just one million a decade ago.
The recovery in Brisbane serviced apartments’ mirrors a strong comeback in the corresponding hotel sector on the back of strong corporate demand.
According to CBRE research, serviced apartments in CBD locations are favoured by corporate travellers while those in regional centres are used predominantly by leisure travellers.
CBRE Hotels senior director for Queensland, Wayne Bunz, said in June the strength of the Brisbane market was spurring strong demand from hotel investors and could push forward a number of major development projects.
Gold Coast languishes
In contrast, the Gold Coast apartment market is starting to wear the basket-case label analysts have placed around its neck.
In the space of three months, occupancy rates have plummeted by 20%, falling from 78% in January to 58% in March, while the revenue generated per night’s accommodation fell equally dramatically – down from $165 to $129.
It’s a similar story on the Sunshine Coast, where serviced apartment blocks are less than half full (48%) compared with 61% in January 2011 and 70% in January 2010.
Serviced apartments currently up for sale on the Sunshine Coast include the 37-apartment Mirage Alexandra Headland at 6 Mari Street, up for sale for $2.9 million by Glenn Millar from Resort Brokers.
Millar is also selling a 49-apartment complex at Coolum Beach on the Sunshine Coast for $2.85 million. Further up the coast, the North Queensland market is faring better, with occupancy ratios holding steady at 65% in March compared to 66% in January.
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Brisbane serviced apartments fill up, while coast empties out

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Receivers have been appointed to sell two Queensland golf courses bought in 2002 by a Babcock &amp; Brown investment syndicate.
 The Robina Woods golf course, considered by many to be the most picturesque on the Gold Coast, has been listed for receivership sale through CB Richard Ellis and McVay Real Estate, along with the nearby The Colonial course.
 The courses have been listed for sale under instructions from Joseph Hayes and Jamie Harris from McGrathNicol as receivers and managers of Playmore Golf Pty Ltd.
 Former Babcock &amp; Brown chief executive Phil Green has been one of the three directors of Playmore since 2002, along with Sydney entrepreneur Danny Goldberg, and Malta-based Eric Lucas.
 The property was bought in 2002 for $7.28 million from the American Golf Corporation.
A recent meeting of creditors was attended by 16 creditors with claims totalling $3.86 million.
Reporting on its purchase, the Australian Financial Review noted the investment syndicate was managed by Babcock &amp; Brown.
Noting Babcock &amp; Brown was one of Australia’s savviest property investors, the newspaper quoted Babcock director Michael Maxwell as saying golf was a sector with growth potential as a wave of people retired from the main cities.
Maxwell said Robina Woods and The Colonial were examples of golf courses where there was a mature environment that could generate acceptable investment returns.
“It’s not a sector you can just waltz into,” Mr Maxwell told the AFR.
The highly rated championship golf courses are within a few kilometres of each other in the master-planned residential community of Robina.
 Offers are due by August 18, with agents Mark Witheriff and Paul Nyholt of CBRE, with McVay Real Estate’s Will and Sam McVay, expecting international interest.
“Courses of this standard are rarely offered to the market, with Royal Pines being the last Gold Coast course to change hands in 2009,” Mr Witheriff said.
 Prospective purchasers could include time-share and hotel operators.
 Robina Woods is an 18-hole, par 71 course on 61 hectares.
 The Marsh Waston-designed course opened in 1990 and incorporates a landmark clubhouse with food and beverage facilities and banquet rooms. There are tennis courts and access to a wedding chapel.
 The Colonial is an 18-hole, par 72 course on 75 hectares designed by Mitsuaki Kobayashi, which opened in 1992. Built by Nara Australia Pty Ltd, the course opened as Paradise Springs Golf Course. Its facilities include a Queenslander-style clubhouse, pool and spa.
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Babcock and Brown’s Queensland golf course investment caught in the rough

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Mining magnate Clive Palmer, Queensland's richest man, has bought the Hyatt Regency resort at Coolum on the Sunshine Coast.
"The Hyatt Regency is one of the state's leading resorts and has a rich history," Mr Palmer said.
The purchase price has not been revealed but it was expected to fetch considerably more than the recently sold $35 million Sheraton Mirage at Port Douglas, which Mr Palmer gave consideration to buying.
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