Longstanding Gold Coast and Canberra developer <a href="https://www.apartments.com.au/developers/morris-property-group">Morris Property Group</a> is continuing to roll on with its Glitter Strip apartment pipeline, seeking to return to Mermaid Beach with a new 68-apartment development.

Morris, founded by Barry Morris in 1978 and one of the Gold Coast’s most prolific apartment developers over the past two decades, has filed plans for a 12-storey mixed-use building at <a href="https://www.apartments.com.au/new-apartments/36-seabeach-avenue-mermaid-beach-qld-4218">34-36 Seabeach Avenue</a>, on the prized eastern side of the Gold Coast Highway.

The 1,227 sqm site occupies a prominent corner position at Seabeach Avenue and the Gold Coast Highway, opposite the Mermaid Plaza retail and office precinct and around 140 metres walking distance from the future Mermaid Beach South light rail station.

<a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser &amp; Partners</a> has designed the project, which will comprise 68 apartments across a mix of 48 two-bedroom and 20 three-bedroom residences.

The building will rise 12 storeys, reaching a maximum height of 36 metres, with the apartments accounting for a total of 156 bedrooms. The development application also seeks approval for short-term accommodation across the 68 apartments, while two office tenancies are proposed at ground level.

The plans show 108 car spaces across the development, with parking accommodated at ground level and within a three-level basement accessed from Seabeach Avenue.

<img alt="Seabeach Avenue and the Gold Coast Highway" data-entity-type="file" data-entity-uuid="c2175c99-12fd-4a3c-9be1-89bbf258a90d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-20%20at%202.59.41%E2%80%AFPM_0.png?VersionId=iNLzWcE6gaAE76rafhEXfHve.4g4Se0p" />

Resident amenity will be concentrated on level two, where Fraser &amp; Partners has designed a recreation deck with a swimming pool, 90 sqm pool terrace, outdoor barbecue area and gym.

The broader communal offering will also incorporate landscaped spaces, with the planning documents noting the amenity has been designed to provide areas for recreation, social interaction and outdoor living.

The proposal would continue the transformation of the Gold Coast Highway corridor through Mermaid Beach ahead of the arrival of the light rail.

The site is zoned Neighbourhood Centre and sits within the Mermaid Beach/Broadbeach Light Rail Corridor neighbourhood plan. While the prescribed building height is 24 metres, the site is identified within an Urban Neighbourhood context providing for a 50 per cent height uplift to 36 metres.

Planning documents describe the stretch of the Gold Coast Highway between Broadbeach and Nobby Beach as increasingly characterised by medium and high-rise development, with the proposed Morris tower joining projects including Ventura, The Alfred, Oceans and Otto.

<img alt="Seabeach Avenue and the Gold Coast Highway" data-entity-type="file" data-entity-uuid="911f193f-e381-4a55-be08-58be87fcf978" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-20%20at%202.59.48%E2%80%AFPM.png?VersionId=oxVvLJaY.SOXEdXrIcogfyEXDfvCmmpM" />

The development would mark Morris Property Group's latest investment in Mermaid Beach, where it has already delivered two apartment projects.

Otto, at 1 Bondi Avenue on the western side of the Gold Coast Highway, comprises 70 apartments across nine storeys. The project was completed in 2019 and includes a residents' gym, recreation deck and swimming pool.

Morris also developed Oceans at 46 Ocean Street, a nine-storey, 70-apartment build-to-rent development completed in 2019. Oceans was the group's first build-to-rent project and incorporates commercial space at ground level.

The two existing Morris projects sit further north along the same Gold Coast Highway corridor as the proposed Seabeach Avenue development. Fraser &amp; Partners' planning analysis specifically identifies both Otto and Oceans among the established built-form precedents surrounding the site.

<img alt="Seabeach Avenue and the Gold Coast Highway" data-entity-type="file" data-entity-uuid="14925119-7b71-4812-8149-340317512c7c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-20%20at%203.00.15%E2%80%AFPM.png?VersionId=aEJqYuw_nTCjcin17BSD0piB1EFotTlj" />

Mermaid Beach represents only part of Morris' considerable Gold Coast footprint.

The family-owned developer has been particularly active in neighbouring Broadbeach, delivering projects including Sierra Grand, Eclipse, Synergy, Qube, Koko, Opus and Malo, while its current pipeline includes Maison and the two-tower Crest development.

Further south, Morris has also developed a string of projects in Burleigh Heads, including Element, Boardwalk and Sandbar, while Essentia expanded its footprint north into Surfers Paradise.

The Seabeach Avenue application has been lodged by PMM Broadbeach Pty Ltd and seeks a development permit for a Material Change of Use for multiple dwellings, short-term accommodation and office uses. Zone Planning Group prepared the planning application, with Fraser &amp; Partners commissioned as architect.

The project comes as the developer continues to expand its Gold Coast pipeline while retaining a significant presence in Canberra. Morris now has more than $2.5 billion of development in its national pipeline and has delivered more than 7,000 homes during its near five-decade history

Joel Robinson

First look: Morris Property Group returns to Mermaid Beach with new Seabeach Avenue apartment development

<a data-saferedirecturl="https://www.google.com/url?q=https://www.apartments.com.au/developers/fortis&amp;source=gmail&amp;ust=1787272340808000&amp;usg=AOvVaw3hvFB2uWTRfEyEcpTSnnK9" href="https://www.apartments.com.au/developers/fortis" target="_blank">Fortis</a>&nbsp;is continuing its stronghold on Sydn​ey’s eastern suburbs apartment market, launching&nbsp;in September&nbsp;its latest boutique&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://www.apartments.com.au/developments/double-bay-nsw-2028&amp;source=gmail&amp;ust=1787272340808000&amp;usg=AOvVaw0GI5S9-wNeiLUnM-d1uYkw" href="https://www.apartments.com.au/developments/double-bay-nsw-2028" target="_blank">Double Bay</a>&nbsp;development,&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://www.apartments.com.au/new-apartments/55-william-double-bay-55-william-street-double-bay-nsw-2028&amp;source=gmail&amp;ust=1787272340808000&amp;usg=AOvVaw2YNouJQcFjiTTgVHbgDLA-" href="https://www.apartments.com.au/new-apartments/55-william-double-bay-55-william-street-double-bay-nsw-2028" target="_blank">55 William</a>.

55 William presents&nbsp;just eight north-facing&nbsp;two-bedroom, three-bedroom and full-floor&nbsp;residences to the market, priced from $4.5 million.

The upcoming launch comes just weeks after Fortis secured approval for the $80 million development, its third eastern suburbs approval in two months. Construction is already underway, with completion targeted for 2028.

[smartcode_project:default project_id=152579 project_image_fid=376250]

55 William adds to a growing concentration of Fortis projects in and around Double Bay, a market the developer has become increasingly active in over recent years.

Fortis previously completed the nine-residence Marmont on New South Head Road, while it is currently developing a mixed-use residential and retail project at 12 Cross Street. Its wider Double Bay footprint also extends into commercial and retail development.

The developer's broader Sydney residential pipeline is particularly concentrated across the eastern suburbs, with projects spanning Doub​le Bay, Ro​se Bay, Wo​ollahra, Dar​ling Point, Poi​nt Piper and Eli​zabeth Bay.

[smartcode_project:default project_id=152579 project_image_fid=376253]

At 55 William, Fortis has again turned to MHN Design Union, the architecture practice behind several of its eastern suburbs projects, while London-based 1508 London has been appointed to handle the interiors and Wyer &amp; Co the landscaping.

The six-level building will comprise a combination of two and three-bedroom apartments, including a garden residence, full-floor apartments, a sub-penthouse and penthouse. Each residence will have secure basement parking and private outdoor space.

A rooftop terrace for all residents, along with select apartments, enjoys views across Double Bay Harbour and toward the Sydney skyline.

Ceiling heights will reach up to three metres&nbsp;in select residences, while the kitchens will feature natural stone and integrated Gaggenau appliances.

&nbsp;

&nbsp;

The boutique nature of the project reflects the type of stock Fortis has increasingly targeted across Sydney's eastern suburbs, where larger apartments and smaller buildings are being pitched primarily toward local owner-occupiers and downsizers.

Fortis Group General Manager Ed Eve said the developer continues to see demand from buyers wanting to remain in the eastern suburbs but move into newer, lower-maintenance housing.

“We're seeing continued demand from local owner-occupiers and downsizers looking for high-quality homes that allow them to remain in the eastern suburbs, close to the lifestyle and community they know,” Eve said.

55 William is also one of the early projects to respond directly to the NSW Government's Low and Mid-Rise Housing reforms. Fortis had previously secured approval for just two townhouses on the 599 sqm site before revising the scheme to eight apartments following the planning changes.

Situated one street back from Double Bay's water's edge, the project enjoys an enviable harbourside setting within walking distance of Double Bay Village and the ferry wharf.

[smartcode_project:default project_id=152579 project_image_fid=376252]

Fortis has increasingly made the eastern suburbs a major focus of its Sydney pipeline. Beyond Double Bay, it recently completed the 14-residence Piper in Point Piper and has projects underway or planned across Rose Bay, Woollahra and Darling Point.

The developer recently secured approval for Verano in Rose Bay, a six-level development comprising 21 two, three and four-bedroom apartments, also designed by MHNDU.

55 William&nbsp;is soon to be release to the market with VIP appointments commencing early September,&nbsp;with residences priced from $4.5 million.

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Fortis continues eastern suburbs push with 55 William launch

UAE-based developer Arada has unveiled plans for a $2 billion twin-tower apartment development in Broadbeach, marking its first move into Queensland as it continues its rapid expansion across Australia.

Arada will develop 952 apartments across two towers on a prominent site opposite the Gold Coast Convention and Exhibition Centre, with the project targeted for completion ahead of the Brisbane 2032 Olympic and Paralympic Games.

The project represents Arada's largest commitment to the Australian market since arriving in the country in 2024 and significantly expands a local pipeline that has now grown to eight projects and more than 5,000 homes.

It will also be the first major Queensland project delivered by Roberts Co since the tier-one contractor was acquired by Arada Group in 2025.

Plus Studio has designed the Broadbeach development, which will comprise one, two and three-bedroom apartments across two towers connected by a landscaped podium.

A significant resident amenity offering will include lagoon and lap pools, a gym, sauna and steam room, alongside a mist room, infrared room and salt scrub facilities. Communal terraces, private dining areas, a library, residents' lounge and work-from-home spaces are also planned. Around 1,200 sqm of retail and hospitality space will occupy the ground floor.

The site puts Arada in one of the Gold Coast's most active apartment markets, directly opposite the convention centre and within walking distance of Pacific Fair, The Star Gold Coast and Broadbeach's dining and retail precinct.

It also has immediate access to the Gold Coast light rail network and sits just a few blocks from the beach.

Arada Group Chief Executive Ahmed Alkhoshaibi said Broadbeach represented an opportunity for the developer to expand beyond its initial NSW pipeline.

“Broadbeach is a world-class address that gives us the canvas to create a community of exceptional design and lifestyle quality that genuinely enriches the daily lives of the people who call it home,” Alkhoshaibi said.

“This is our first development outside New South Wales, and it reflects our growing ambition to grow in key urban markets around the country.”

Alkhoshaibi said bringing Roberts Co into the project would give Arada greater control over the development and construction process.

“Delivering this project through Roberts Co, our own tier-one construction business, means we can bring the quality, pace and accountability that our buyers expect.”

The move into Broadbeach comes as Arada accelerates its Australian expansion following its entry into the market two years ago. The developer has assembled a pipeline of eight projects comprising more than 5,000 homes, while the acquisition of Roberts Co last year gave the group its own Australian construction capability.

Globally, Arada has a development portfolio valued at $50 billion comprising more than 55,000 homes across the UAE, United Kingdom and Australia.

The Gold Coast is emerging as the next major market for the developer, with strong population growth and infrastructure spending ahead of the 2032 Games continuing to underpin significant apartment development across the coastal strip.

Arada plots $2 billion Broadbeach towers in major Queensland move

Sydney’s downsizer market is changing, with a growing cohort of buyers prioritising the right home over simply finding a smaller one.

Coronation Property Head of Sales Cam Porter says the traditional idea of downsizing does not necessarily reflect what many buyers are now looking for, particularly those moving from established family homes across Sydney.

Instead, he says they are increasingly becoming “right-sizers”, seeking lower-maintenance homes without sacrificing the space, amenity or quality they have become accustomed to.

“We are increasingly seeing buyers who are not motivated by the idea of simply moving into a smaller property,” Porter says.

“They are right-sizers. They want a home that is easier to manage and better connected, but they still expect generosity, quality and a floorplan that supports the way they live.”

It is a subtle but important distinction in a market where apartment developers are increasingly targeting established owner-occupiers.

[smartcode_project:default project_id=135149 project_image_fid=377495]

For many of these buyers, moving from a house to an apartment is not driven by a desire to dramatically reduce their living space. Instead, the appeal is in removing some of the maintenance associated with a larger home while retaining generous living areas, storage and enough flexibility to accommodate family and friends.

Coronation’s sales team is seeing buyers place particular importance on natural light, practical storage and additional rooms that can be used as guest bedrooms, home offices or secondary living spaces.

Kitchens and dining areas are also playing an increasingly important role, particularly for buyers who regularly entertain or have children and grandchildren visit.

[smartcode_project:default project_id=135149 project_image_fid=377494]

“These buyers still want their home to feel generous,” Porter says.

“They may want less maintenance, but they are not looking for less life.”

The challenge for the broader housing market is providing enough of the right stock to encourage that move.

While much of the discussion around Sydney’s housing shortage has centred on the number of homes being delivered, Porter says the diversity of those homes is equally important.

Older homeowners can remain in large family houses for longer when they cannot find an appropriate alternative in the neighbourhoods where they have built their lives.

“The decision is rarely as simple as wanting fewer bedrooms,” Porter says.

“People are weighing up their connection to a neighbourhood, the space they need for family, the quality of the home and whether it will continue to work for them over the long term.”

It also has implications beyond the downsizer market. Providing suitable apartments for smaller households can free up established houses for families who need the additional bedrooms and land, creating greater movement through the housing market.

<h2>Lillian targets the next stage of apartment buyer</h2>

It is a buyer Coronation is targeting at <a href="https://www.apartments.com.au/new-apartments/lillian-erskineville-9-metters-street-erskineville-nsw-2043">Lillian</a>, its new collection of apartments, terraces and penthouses at Erskineville Village.

Designed by Silvester Fuller, Lillian has been shaped around larger living spaces, natural light and flexible floorplans, alongside landscaped areas, wellness amenity and communal spaces for residents.

The development will form part of Coronation’s broader Erskineville Village precinct, which will combine new homes with green space, retail, hospitality and new pedestrian connections.

[smartcode_project:default project_id=135149 project_image_fid=377688]

McPherson Park will sit at the centre of the precinct, creating a significant new green space alongside the project’s retail and hospitality offering.

For Porter, the opportunity is to give buyers another housing option without forcing them to leave the part of Sydney they already know.

“People should be able to change the type of home they live in without having to change their entire life,” he says.

“For many buyers, Lillian offers the opportunity to remain connected to the Inner West and the city, while gaining access to a more convenient, walkable and considered way of living.”

[smartcode_project:default project_id=135149 project_image_fid=377687]

Coronation will explore the changing <a href="https://lillianresidences.com.au/news/lillian-x-space-x-downsizers-event-27-august/">right-sizer market at an event on August 27</a>, bringing together experts across property, design and lifestyle.

Held in partnership with SPACE, Poliform and Downsizer.com.au, the event will include a property market outlook from economist Michael Blythe alongside discussion around the considerations facing buyers planning their next move.

Attendees will also be able to learn more about the residences and amenity planned at Lillian Erskineville.

[smartcode_project_cta:default project_id=135149]

From downsizing to right-sizing: What Sydney buyers want from their next home

Family-owned builder and developer <a href="https://www.apartments.com.au/developers/omaya">Omaya</a> is bringing its 27-storey The Maybelle development to market, with the 229-apartment tower rising alongside Ismay Reserve near North Strathfield.

<a href="https://www.apartments.com.au/new-apartments/the-maybelle-21-parramatta-road-homebush-nsw-2140">The Maybelle</a> will comprise one, two and three-bedroom apartments, with its height providing elevated outlooks towards the Sydney skyline and Harbour Bridge, while other residences will look across neighbouring Ismay Reserve.

Designed by <a href="https://www.apartments.com.au/architects/squillace-architects">Squillace Architects</a>, the tower combines its parkside setting with proximity to the established retail, dining and transport amenity around North Strathfield.

[smartcode_project:default project_id=134873 project_image_fid=376196]

Residences will feature open-plan living spaces and a choice of two interior schemes, while communal amenity is spread across two elevated levels of the building.

Level 8 will be home to the Garden Pavilion, a full-floor resident space incorporating communal entertaining and breakout areas, seating and recreation spaces. Further up the tower, a landscaped Sky Terrace on Level 14 will provide another communal area with panoramic views towards the Harbour Bridge and Sydney skyline.

At ground level, the development sits directly alongside Ismay Reserve, where lawns, walking paths, children's play areas, picnic spaces and recreational facilities extend the green space available immediately around the project.

[smartcode_project:default project_id=134873 project_image_fid=376194]

The Maybelle is also within walking distance of North Strathfield and the Bakehouse Quarter, which provides a mix of cafés, restaurants, shops and everyday services.

Existing rail and bus services provide connections across Sydney, while the future North Strathfield Metro and access to the M4 will add to the transport options available around the precinct. Walking and cycling routes also extend via Powells Creek towards Sydney Olympic Park and its sporting, entertainment and parkland precincts.

Families are also well positioned for access to a broad selection of established schools and education options across Strathfield and the surrounding Inner West.

[smartcode_project:default project_id=134873 project_image_fid=376181]

Omaya has operated in Sydney for more than 35 years, managing projects from acquisition and design through to construction and delivery. The family-owned company is both developer and builder of The Maybelle.

Apartments start from $560,000, with the development protected by 10-year Latent Defects Insurance.

Construction is well underway, with completion expected by the end of 2026 and move-in anticipated from Q1 2027.

[smartcode_project_cta:default project_id=134873]

The Maybelle brings 27-storey parkside tower to market near North Strathfield

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>

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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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{yoogallery src=[images/stories/november1noosaheads]}
A five-bedroom, four-bathroom plantation-style house in Noosa Heads has been listed with price hopes of $3.95 million. 
The vendor is Tom Forde, owner of LJ Hooker Commercial Noosa and now an LJ Hooker residential branch in Noosa. 
The 21,000-square-metre sprawling property includes two separate one-bedroom cabanas, a lagoon-style swimming pool with pool bar, tennis court and gym all against a rainforest backdrop.
Forde, now an empty-nester, plans to downsize to a location closer to the beach. 
Graeme Halsey from <a href="https://www.ljhooker.com.au/2HD3" target="_blank">LJ Hooker Noosa</a> is marketing the property.
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Resort-style plantation in Noosa Heads listed for $3.95 million

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{yoogallery src=[images/stories/october28brisbane]}
Brisbane’s 1938 landmark nautical Moderne-style residence – designed by the architect Mervyn Rylance – is on the market for only the second time.
Inspired by the Art Deco style of Miami Beach, Florida, the house sits on a 736-square-metre block in Hamilton Hill with views from Moreton Island to the city skyline.
Level one offers living areas, kitchen, media room and a utility room.
The second level has the master bedroom with a dressing room and ensuite, plus two other bedrooms each with ensuites. A study is also located on this level.
“It’s a rare opportunity to secure this much-admired Brisbane landmark,” says listing agent Alma Clark of Alma Clark Real Estate Ascot.
She says dedicated attention to detail has been employed to bring this home into the modern era.
It was briefly listed last spring but didn’t sell.
Hamilton prices have ranged between $700,000 and $3.2 million this year.
The property last traded in 1993 at $490,000.
It has an official unimproved $2.4 million land value.
The last known sale of a house designed by Mervyn Rylance was the heritage-listed Oogarding, the Bardon house, which is considered among the best examples of his work in the Mediterranean style of architecture. It sold for $1.86 million in 2006.
Very few pure Mediterranean-style houses were built in Brisbane, and Rylance was also responsible for the design of Blanchard House at New Farm, which was demolished amid controversy in 2009.
The bulldozers – accompanied by three police officers – moved in at 6.30am to demolish the unlisted 1934 Spanish Mission home on Maxwell Street.
Developer John Lynch and wife Monica Blinco, an interior designer, bought it in 2004 for $3.75 million and the adjoining block in July 2007 for $5.9 million with plans for a seven-storey apartment block.
There’s debate on Maxwell Street at the moment over the proposed demolition of a heritage- listed Mock-Tudor apartment block at 42 Maxwell Street.
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jchancellor-FAypfDUnLy

Nautical Brisbane Moderne-style house on the market for only second time

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The most discounted property in Queensland is the second-most discounted property in Australia, 1350 Wynnum Road, Tingalpa. It has nearly halved its price but has yet to find a buyer in the nearly year it has been on the market. It's been regularly featured on Property Observer as it struggles to find a buyer even at its reduced pricing.
Last week SQM Research released a<a target="_blank" href="https://www.propertyobserver.com.au/victoria/southbank-properties-raise-price-expectations-but-still-feature-on-sqm-s-victorian-discount-list/2011092751713"> list of the most discounted properties in Victoria</a>, and the difference between the two states is striking. The 10th-place Queensland property, 13 Gawler Street, Rochedale South, is discounted by 25%, which is the same discount as the number one property on the Victoria list, 1/9 Albert Place, Hoppers Crossing.
Queensland vendors are offering steeper discounts, and RP Data analysis recently revealed that <a target="_blank" href="https://www.propertyobserver.com.au/residential/queensland-hit-hardest-post-gfc-as-6.3-of-homes-worth-less-than-their-purchase-price/2011092851719">6.3% of Queensland homes are now worth less than their purchase price</a>. Queensland has been hit hard with the declining tourism market and natural disasters and is struggling to recover from the GFC. 
"We believe that for the moment, houses in Brisbane are still considerably overvalued,” SQM director Louis Christopher says.
“House prices are running at a 27% premium to nominal GDP. On any measure, if this overvaluing continues, prices will correct further this year and possibly next year," Christopher says.
"Annually Brisbane house prices fell by 3.6% already over the period to June 2011, and over the 2011 calendar year SQM Research forecasts house prices for Brisbane to fall anywhere between -7.6% to -9.6%."
 
<h2 style="font-size: 18px; line-height: 21px;">1</h2>
<a target="_blank" title="1350 Wynnum Road" href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.realestate.com.au%2Fcgi-bin%2Frsearch%3Fa%3Do%26id%3D106966579">1350 Wynnum Road, Tingalpa, Queensland, 4173</a>
On the market since: November 6, 2010
Initial asking price: $700,000
Current asking price: $380,000
Reduction: 46%
Days on market: 322
 
<h2 style="font-size: 18px; line-height: 21px;"></h2>
<h2 style="font-size: 18px; line-height: 21px;">2</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2008940771" target="_blank">102 Fountain Road, Burpengary, Queensland, 4505</a>
On the market since: April 17, 2011
Initial asking price: $1.2million
Current asking price: $699,000
Reduction: 42%
Days on market: 162
 
3
<a target="_blank" title="128 Charlotte Street" href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2008735391">3307/128 Charlotte Street, Brisbane, Queensland, 4000</a>
On the market since: December 12, 2010
Initial asking price: $575,000
Current asking price: $399,000
Reduction: 31%
Days on market: 287
 
<h2 style="font-size: 18px; line-height: 21px;">4</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2008648371" target="_blank">190 Halls Road, Luscombe, Queensland, 4207</a>
On the market since: October 31, 2010
Initial asking price: $840,000
Current asking price: $600,000
Reduction: 29%
Days on market: 329
 
<h2 style="font-size: 18px; line-height: 21px;">5</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2009004616" target="_blank">37 Marlborough Road, Wellington Point, Queensland, 4160</a>
On the market since: May 22, 2011
Initial asking price: $1.25 million
Current asking price: $899,000
Reduction: 28%
Days on market: 126
 
<h2 style="font-size: 18px; line-height: 21px;">6</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2008269132" target="_blank">312/51 Hercules Street, Hamilton, Queensland, 4007</a> (pictured)
On the market since: March 14, 2010
Initial asking price: $1.6 million
Current asking price: $1.175 million
Reduction: 27%
Days on market: 560
 
<h2 style="font-size: 18px; line-height: 21px;">7</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%3D107499465">13 Henry Street, Greenslopes, Queensland, 4120</a>
On the market since: June 25, 2011
Initial asking price: $949,000
Current asking price: $699,000
Reduction: 26%
Days on market: 91
 
 
<h2 style="font-size: 18px; line-height: 21px;">8</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%3D106201967">38 Simon Street, Yeronga, Queensland, 4104</a>
On the market since: December 12, 2009
Initial asking price: $950,000
Current asking price: $700,000
Reduction: 26%
Days on market: 651
 
<h2 style="font-size: 18px; line-height: 21px;">9</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%3D106773785">4 Lower Clifton Terrace, Red Hill, Queensland, 4059</a>
On the market since: August 28, 2010
Initial asking price: $1.2 million
Current asking price: $895,000
Reduction: 25%
Days on market: 392
 
<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%3D107276504" target="_blank">13 Gawler Street, Rochedale South, Queensland, 4123</a>
On the market since: March 26, 2011
Initial asking price: $429,000
Current asking price: $350,000
Reduction: 25%
Days on market: 182
 
SQM Research also offers a list of the <a target="_blank" title="SQM Research" href="https://www.sqmresearch.com.au/top100bargains.php">Top 100 Biggest Bargains in Australia </a>for sale.
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Queensland vendors offer far deeper discounts than Victorians

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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.
 
The small town of Moranbah in northern Queensland is drawing investors from across Queensland and as far as Western Australia with rental yields of 15% as mining activity picks up after the January floods. 
Located along the Peak Downs Highway between Mackay and Clermont, in the resources-rich mining region of Isaac, Moranbah has experienced a rapid house price rise in the past year. According to RP Data, the Moranbah median house prices rose 5.2% over the past year to $463,000. 
According to RP Data, there have been 131 sales in <a target="_blank" title="Moranbah" href="/news">Moranbah </a>for the year to date, and of these 109 were house sales. 
Properties returning high rental yields include this three-bedroom house on Bernborough Avenue (pictured below), which sold in August for $585,000. It has been put in the rental pool asking $1,800 a week, representing a yield of 16%. It was marketed by Julie Williamson Real Estate as having a weekly rental potential of $1,400 per week.  The 900-square-metre block traded at $15,000 in 2004 when it sold by BHP Mitsui Coal.
<img src="/images/stories/moranbah1.jpg">
The most expensive property (below) sold this year was a contemporary four-bedroom house on Bernborough Avenue that was built on an 800-square-metre block of land that last traded for $72,600 in 2006. It had been listed for sale in 2008 at $799,000 and did not sell. In June, it sold for $840,000.
<img src="/images/stories/moranbahexxy.jpg">
On the same street, a three-bedroom fibro house built in 1982 that sold for $445,000 in 2009 was recently sold, having been listed at $590,000. 
According to the REIA, the resource-intensive regions of Isaac ($445,000) and Gladstone ($415,000) have showed the highest median house prices of any council region in the state outside of south-east Queensland and are on an equal footing with Brisbane, where the median price currently stands at $435,000 (a drop of 5.4% for the year). 
The major coal mining projects underway are the Goonyella and Peak Downs coal mines, operated by the BHP Billiton Mitsubishi Alliance (BMA) and Anglo Coal’s Moranbah North mines. 
Demand for rental accommodation and new residential developments has received a further boost with the Queensland government ruling earlier this month that it will require 80% of BMA employees across all operations live in the region where they work.
BMA will be required to build 400 homes, the first 160 to be built in Moranbah by June 2013, and the remaining 240 across the Bowen Basin over the following four years.
Infrastructure investment continues to pour into Moranbah with Leightons subsidiary John Holland recently selected as the preferred tenderer for the construction of the $400 million proposed Connors River Dam to Moranbah Pipeline.
The project involves the construction of 136 kilometres of large diameter buried pipeline that will carry around 45,000 megalitres of water per annum from the proposed Connors River Dam to the Bowen Basin and surrounding areas and help meet the water supply needs of the resources sector. John Holland is expected to be confirmed as principal contractor in March 2012.
Hotspotting.com.au director Terry Ryder tells Property Observer he does not generally recommend mining towns to property investors, “because they are at the high-risk end of the investment spectrum” but if he had to suggest a good case study it would be Moranbah. 
“It has had a remarkable track record of capital growth (averaging 28% per year over the past decade) and providing 9% to 10% rental returns. Moranbah managed to avoid any serious price decline post-GFC and is now trending up again with the new resources boom,” he says. 
Generally though, he warns that mining towns have volatile markets and are highly vulnerable to the cycles of the resources sector. 
“When the GFC struck, we saw vacancies in some mining towns go from zero to 10% almost overnight, as miners downsized or closed mines completely,” he says. 
Realestate.com.au lists 125 houses in Moranbah for sale starting at $520,000 for a three-bedroom house and 30 properties available to rent, with the asking price for a three-bedroom house at $1,500 per week. 
According to Bella Exposito from Moranbah Real Estate, who has worked in the area for 34 years, prices have really picked up since June. Her agency has 25 properties under contract, and her most recent sale was a three-bedroom house for $600,000. 
“This property would have sold for around $450,000 a year ago,” she says. 
Bella says 90% of the properties are rented by mining employees or contracted tradesmen, with mining companies footing the rental bill. 
She flies out regularly to meet with investors in Melbourne and Sydney and says demand is very strong. 
Another local agent, Roz Robinson, from LJ Hooker reports similar investor interest and “huge demand”. 
“We are selling some properties within 24 hours if not quicker. We have an extensive buyers’ list… There are a lot of investors from WA,” she says. 
Robinson attributes the demand to the mining activity and says while new land is being released for development, she expects it to be absorbed quickly and to have no impact on pricing. 
Earlier in June it was announced that a 104-hectare parcel of land would be fast-tracked to improve the supply of residential land and ease housing affordability in the township. The site is to be jointly developed by the Urban Land Development Authority and BHP with plans for 1,500 houses. 
Bill Moss, founder of the Midwood Report, says mining towns like Moranbah and Gladstone are seeing annual rental increases far greater than any other parts of Queensland, as much as 38% in some cases. 
“Coal mines have been resurrected after the January floods. Since they have restarted, a lot more people are coming back to mining towns,” he says. 
“From March onwards there has been a lot more demand for housing in the Bowen basin” – a 60,000-square-kilometre portion of Central Queensland that includes Moranbah, Clermont and Emerald. 
The Bowen Basin region:
<img src="/images/stories/moranbahmap.gif">
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lschlesinger-FZcF9M3vE6

Hotspots: Investors mine for yields of up to 16% in Moranbah

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{yoogallery src=[images/stories/september14trophy]}
While falling short of its desired $10 million, a Gold Coast mansion has been sold for $8.3 million, the highest price this year in Queensland.
The six-month-old Sovereign Islands home with its rare 65 metres of water frontage was sold by estate agent Amir Mian at Ray White Runaway Bay.
The house of 2,000 square metres of luxury sits on a double block of 1,483 square metres.
It was sold by Gold Coast owner/builder Gary Brewster and his wife, Lucy, who managed all the interior designing of the home. It sold to Streeton resident Youhe Wu.
It was marketed by Mian as boasting the widest view of the Broadwater on Sovereign Islands and on the calmer side of the Broadwater, making it better for boat owners.
Its expansive entertaining areas flow seamlessly to alfresco areas featuring teppanyaki bar and grill.
There’s a 25-metre lap pool and a plunge pool with a bar.
A lift services all three levels, including its 20-car basement garage.
“This home is not just an average home, it's a cut above the rest,” Mian notes.
The land cost $3.06 million in 2006-2007.
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Gold Coast island home fetches 2011 record $8.3 million

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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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{yoogallery src=[images/stories/september1fitness]}
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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{yoogallery src=[images/stories/august15rainforest]}
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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{yoogallery src=[images/stories/august10peninsula]}
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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{yoogallery src=[images/stories/august2piernorth]}
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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