<a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a> offers plenty of reasons to live vertically, but moving from a substantial family home into an apartment can expose the compromises of high-density living. Privacy, room for guests and usable living space tend to matter more when an apartment is intended as a permanent home rather than an occasional coastal base.

A typical residential floor at <a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a>, on Surf Parade,&nbsp;contains just four apartments. The 94-residence development by <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> is predominantly made up of expansive three-bedroom homes, with a limited collection of half-floor penthouses above.

Across the apartment floors, <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has used the relatively limited number of residences to give each home greater access to natural light and outlook. Living spaces extend towards full-height glazing, while a series of bay windows frame selected views across the Pacific Ocean, city and hinterland rather than treating the building edge as a continuous wall of glass.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360965]

“The apartment floors deliver a collection of homes that embrace controlled outlook via a series of bay windows deliberately framing moments of view,” Rothelowman Director Kim Lowman said.

From outside, those projecting forms contribute to the tower’s faceted profile. Strong horizontal and vertical elements establish its proportions, while the changing position of the sun alters the light, shadow and reflection across the façade throughout the day.

The same attention moves inside the apartments, where the material palette combines warm timber, natural stone, metallic detailing and softer curved forms. Kitchens sit within the main living zone, with stone island benches, integrated joinery and European appliances, before the living areas extend towards the glazing and the outlook.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360981]

Three genuine bedrooms provide room to accommodate family and guests, while two secure car spaces and storage address some of the practical considerations that can become more noticeable when moving from a larger home. Feedback from the display suite has centred on the warmth and restraint of the interiors, with buyers commenting that the residences feel like homes rather than conventional coastal apartments.

A limited collection of half-floor penthouses occupies the upper levels, increasing the scale of the living spaces and adding private balconies and elevated finishes. From this position, the outlook extends between the ocean and hinterland.

Outside the private residences, The Eveleigh separates its shared spaces between the podium and rooftop. The podium is centred on wellness, with subtropical landscaping surrounding a swimming pool and pool terrace, yoga garden, private gymnasium, sauna and hot and cold plunge facilities. Landscaped retreats and pavilions provide additional places to sit away from the main recreation areas.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360966]

Higher in the building, a rooftop pavilion and private dining suite sit alongside resident lounge, barbecue and outdoor dining areas, opening towards panoramic views across the ocean, city and hinterland.

“Buyers are no longer just looking for an apartment, but a lifestyle where they can relax, reset, and enjoy a balanced way of living,” Hirsch &amp; Faigen Director of Sales Matt George said.

Interest to date has come from established owner-occupiers and interstate lifestyle purchasers, including buyers planning a future move to the Gold Coast. Many are coming from larger homes and want to reduce ongoing maintenance without giving up space for family and guests, privacy, two car spaces or the ability to entertain at home.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360969]

Much of that daily life can also take place beyond the building without requiring a drive. Kurrawa Beach and Pratten Park are an easy walk from Surf Parade, while Pacific Fair, Oracle Boulevard, The Oasis, restaurants, cafés, entertainment and public transport are also within walking distance.

The Eveleigh is Hirsch &amp; Faigen's fourth Gold Coast development since entering the market in 2021, following The Hemingway at Palm Beach, The Emerson at Kirra and Yves at Mermaid Beach. Each of the preceding projects sold out before completion.

“Broadbeach had been on our radar throughout our time operating on the Gold Coast,” the developer said. “Following our projects in Palm Beach, Kirra and Mermaid Beach, Broadbeach represented the natural next step for the business.”

The Surf Parade site brought together proximity to the beach, protected coastal outlooks and walkability to dining, shopping and recreation. Hirsch &amp; Faigen also identified the street as an emerging premium residential address, with enough separation from Broadbeach's busier destinations to retain a quieter environment at home.

The Eveleigh is now under construction by Maxcon, with completion forecast for mid-2028. Three-bedroom residences are currently available from $2.87 million.

[smartcode_project_cta:default project_id=149670]

Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

A long-stalled Campbelltown development site is back in play, with new plans for 139 apartments set to supersede a mixed-use scheme approved almost a decade ago but never built.

The new proposal for 28 Cordeaux Street would deliver 116 market and 23 affordable apartments in a part 14-storey building, bringing a substantial new project into a Campbelltown market where new apartment supply remains limited.

Plans have been filed over the 3,092 sqm corner site at Moore-Oxley Street, around 600 metres from Campbelltown Railway Station and the city-centre retail core.

The site already carries a mixed-use residential approval dating to 2016. Doroch Architects has now been engaged on a larger replacement scheme, which is progressing as a State Significant Development Application following a Housing Delivery Authority determination in August 2025.

The apartment mix comprises 39 one-bedroom, 72 two-bedroom and 28 three-bedroom residences. Two-bedroom apartments make up just over half of the project, while three-bedroom homes account for 20 per cent.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="136dd5b9-3791-4da6-9e31-76f533f5b4de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da2.png?VersionId=LgOSy9nwf5u.MGswBBwaGGxuX8QpHSl_" />

Of the 139 apartments, 23 will be delivered as affordable housing under the in-fill affordable housing provisions of the Housing SEPP. The affordable component represents 15 per cent of the residential gross floor area and will be managed by a registered Community Housing Provider.

Doroch has sought to break the scale of the building into two distinct elements, with a masonry podium of around four storeys establishing the street edge before the residential tower steps back above.

The corner position has shaped that approach. Cordeaux Street faces toward the commercial and civic centre, while Moore-Oxley Street leads into the lower-scale residential neighbourhood to the south, and the design verification report describes the site as "bridging the commercial core to the north and established residential areas to the south."

The podium will be expressed predominantly in face brick, while the upper levels shift to brushed and grooved concrete cladding with darker metal detailing. Recessed sections, deep balcony edges and landscaping break down the upper form, with an approximately 11.8-metre setback to the northern boundary addressing the adjoining St Peters Anglican School.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="c8b3d2d3-c561-4bfc-a5d9-a68c0c10dac1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da1.png?VersionId=AeAEyJU02Gk2k5noUj2StziCvdQ7fW4B" />

Campbelltown has been starved of new residential developments in the last decade.

The only other notable development set to come to market this year is ALAND's Queen Square, a mixed-use precinct on over two hectares that will comprise apartments above a vibrant ground-level retail and hospitality dining precinct.

First look: New 139-apartment plans revive long-stalled Campbelltown city centre site

First Look: Sherlock Construction pitches apartments for low-rise Deception Bay

Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

First look at MAYD's North Kirra mixed-use precinct

<main data-perf-region="main">
Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

&nbsp;

[smartcode_project_cta:default project_id=152737]

<h3 data-end="3697" data-section-id="q3n5ak" data-start="3672">&nbsp;</h3>
</main>

Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

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?

State governments in Tasmania and Western Australia have introduced new stamp duty discounts aimed at encouraging the construction and purchase of new apartments and units.

These measures are part of broader efforts to increase housing density and provide more affordable housing options in regions where new construction has lagged behind demand.

In Tasmania, a 50 per cent stamp duty concession has been implemented for buyers of new apartments and units that are either off-the-plan or under construction.

The discount applies to properties valued at up to $750,000 and is available until June 30, 2026. This initiative is designed to support medium-density housing and make apartment living more accessible to Tasmanians.&nbsp;

The state government hopes that this will not only boost construction activity but also provide greater certainty for builders and developers by reducing financial risks associated with large-scale projects.

Western Australia has also introduced stamp duty exemptions and discounts to stimulate the new apartment market.&nbsp;

Buyers can benefit from a full stamp duty exemption on off-the-plan apartment purchases valued at up to $650,000 if the property is bought before construction begins.

For properties under construction, a 75 per cent stamp duty discount is available, also on purchases up to $650,000. Additional concessions are offered for homes worth up to $750,000.&nbsp;

[smartcode_project:default project_id=142314 project_image_fid=263307]

The new policies reflect a growing recognition of the need to address housing affordability and supply issues, particularly in cities like Hobart and Launceston, where housing density remains low.&nbsp;

Although the Tasmanian housing market saw an 8.8 per cent increase in dwelling approvals in June, the state still trails significantly behind others.

The effectiveness of these discounts in driving new apartment construction will depend not only on buyer uptake, but also on the willingness of local governments to approve higher-density developments, a process that has historically faced challenges in Tasmania.

These stamp duty concessions are part of a broader debate on the role of such taxes in the property market.&nbsp;

Some economic analysts argue that removing or significantly reducing stamp duty could be a key factor in making housing more accessible to a wider range of buyers, particularly in regions where the tax represents a substantial portion of the cost of purchasing a home.&nbsp;

The latest measures in Tasmania and Western Australia are seen as steps towards addressing these concerns, although their long-term impact on housing supply and affordability remains to be seen.

The new policies reflect a growing recognition of the need to address housing affordability and supply issues, particularly in cities like Hobart and Launceston, where housing density remains low

Tasmania joins Western Australia in introducing stamp duty discounts to off the plan property buyers

<html><body>
The old pharmacy building in Tasmania’s Campbell Town has been listed for sale with an asking price of $495,000.
The double-fronted red brick retail residence is the former Campbell Town Pharmacy and comes attached to a four-bedroom residence on 250 square metres.
Marketing for the property suggests that, subject to council approval, the second residence could be used as a separate business and comes with “park like” gardens.
<a target="_blank" href="https://www.realcommercial.com.au/property-retail-tas-campbell+town-500196156">The historic double-storey home</a> fronts onto High Street, the main street in the Midlands town.
It is being sold by Gordon Humphreys from Harrison Humphreys Launceston, who says the pharmacy once operated as a stand-alone shop but it has been vacant for some years.
"Currently the previous owner of the pharmacy lives in the house," he says.
It comes with off-street parking, a 59-square-metre double garage.
The town lies on the major highway between Hobart and Launceston.
The home part of the lot comprises four bedrooms, a bathroom, a washroom, a kitchen and a sitting room.
The retail portion is 96 square metres, and the total land size is 936 square metres.
There are more than 100 century-old colonial buildings in the town, which was established in 1820.
The most recent sale on High Street Campbell Town was a two-level weatherboard building at 108 High Street, which sold for $190,000 in October last year having last sold for $172,000 in 2006.
The 1965-built former milk bar is currently operating as a tourist shop.
And Zep's Cafe at 92 94 High Street was recently listed through LJ Hooker Hobart.
The listing advertised net yields of 9.75% for the restuarant and conference centre.
The 941-square-metre property earned $78,000 per annum. Given the indicated yield, the asking price would have been around $800,000.
The pharmacy building is close to the Red Bridge – the oldest convict-built red brick bridge in Australia, which was originally constructed for horse-drawn vehicles, and is now crossed by up to 2 million vehicles a year.
The pharmacy is not listed on the Tasmanian heritage database.
</body></html>

awalsh-7Ub9EypybQ

Historic High Street, Campbell Town, retail opportunity

<html><body>
The China Investment Corporation is negotiating a stake in Australia’s largest dairy operation, the Van Diemen’s Land Company, which operates in Tasmania, Fairfax Media reports.
Van Diemen's Land is in Tasmania's north-west has 25,000 dairy cows and 6,500 beef cattle on about 19,000 hectares in 27 farming operations, most of them dairying.
The dairy company, which was established in 1825, has been interested in doubling the Tasmanian enterprise’s milk production along with an expanded workforce with a $180 million injection of investment funds.
It's reported there have been preliminary consultations with the Foreign Investment Review Board about the mooted acquisition by the Chinese sovereign wealth fund. 
China Investment Corp, which has about $US190 billion to invest internationally, sent four executives to Tasmania early this month, the Australian Financial Review reported.
Tasmanian Premier Lara Giddings held a lengthy meeting with CIC’s president, Gao Xiqing, during a recent visit to Beijing.
“We would welcome a Chinese investment in our dairy industry,” she said in a speech in Shanghai.
<a href="https://www.vdlfarms.com.au/about">Van Diemen's Land </a>is 98.42% owned by New Zealand company Tasman Farms, whose major shareholder is the New Plymouth District Council.
According to intodairy.com.au, Tasmania’s dairy industry is the only dairy industry in any Australian state to show growth in production over the past year, with a 19.5% increase, compared with a national decrease of 15%.
The Tasmanian Dairy Industry Strategic Plan targets a 25% growth in production by 2015.
<a href="https://www.parks.tas.gov.au/index.aspx?base=2644">Highfield House</a>, which was built in the early 1830s as a residence for Edward Curr, chief agent of the Van Diemen's Land Company, was acquired in 1982 by the Tasmanian government, with funds from the National Estate.
</body></html>

jchancellor-FAypfDUnLy

Chinese eye off NZ stake in Tasmania's biggest dairy company

<html><body>
The Tasmanian property market is set to deteriorate in the coming six months, due to continuing job losses contributing to rising unemployment levels, low confidence in the state economy and high numbers of properties on the market, according to the First National Real Estate 2012 Property Market Outlook Mid-Year Update. 
The Update, released this week, is based on a survey of the 400+ member network, and provides an insight on what member agents expect the market to do, drawing on their experience at the grass roots level. 
The state of Tasmania’s economy is dependent upon global and national domestic economies, and prudent spending and strong leadership is required but is currently lacking. 
Tasmania’s economy and the state of the property market are intertwined, and the state needs to progress incentives that will grow the state and increase its revenue, and that shouldn’t be from charging more for stamp duty. 
The key challenges for the Tasmanian property market are increased costs of living, job security and consumer confidence, particularly as it is affected by the current large cuts to the state budget. 
The continued cuts in state spending are fuelling consumer concerns and eroding confidence.
The market needs incentives for first-home buyers, which are further suffering as a result of banks tightening their lending policies, making them save longer for a larger deposits and stamp duty concessions being abolished last year. 
According to the Update, Tasmania’s west coast, north-west coast, areas of Hobart and East Launceston will be the best performing regions in the state, while hotspots will be locations exposed to the mining industry development. 
The Update says the strongest growth will come from the upgrader sector, as buyers capitalise on prime market conditions of improved affordability and low interest rates. 
Property prices should trend downwards, due to the ongoing consumer nervousness and lack of confidence in economic conditions. 
The rental market in Tasmania is expected to remain in its current state, with ongoing steady supply meeting consistent demand. 
Interest rates are expected to reduce further, however it is not expected this will impact too greatly on the state’s property market, as any gains will be offset by rising living costs such as increasing electricity bills. 
The expected hikes in electricity, rates and water/sewerage rates will put financially strapped mortgage holders under further pressure, generating an increasing in mortgage defaults for the state.
What the market needs is for stamp duty to be abolished, which would greatly assist in sustaining the state’s property market over the coming six months. 
According to the Update, the Tasmanian commercial property market is expected to weaken, with decreases in property and rental prices. 
Low consumer, business and market confidence will drive decreases across the board. 
The market will also be affected by poor retail figures and increasing outgoings, putting businesses under financial pressure and forcing them to close down or relocate to more affordable precincts. 
However, the rural property market in Tasmania is expected to hold up for the remainder of the year, with the lifestyle segment representing the greatest growth sector on Tasmania’s north coast.
Deanne Lamprey is the chairwoman of <a target="_blank" href="https://firstnationaltasmania.com.au/fntasmania/">First National Real Estate Tasmania.</a>
</body></html>

dlamprey-KdXuWkXzx8

Costs of living, job security and consumer confidence key challenges for Tasmania's property market

<html><body>
With Tasmanian house prices continuing to fall, Hobart vendors are struggling to find buyers, even when they offer deep discounts, SQM Research has found.
Hobart's median house price has fallen 2.3% to $353,000 in the past year, <a target="_blank" href="https://www.propertyobserver.com.au/residential/tasmanian-house-prices-still-falling-reit/2012050254519">according to figures released by the Real Estate Institute of Tasmania</a>. And vendors are finding it increasingly difficult to close the deal, with the number of sales across Tasmania down 12.3% compared with the same month last year.
"Hobart is undergoing some pretty severe oversupply issues with both high stock levels and rental vacancies," says SQM director Louis Christopher.
Hobart's vendors are offering an average discount of 7.5%, compared with 5.6% in the Northern Territory, 8.1% in New South Wales, 7.4% in Queensland and an average discount of 7.1% in Victoria, according to RP Data.
Hobart properties lingered on the market for an average of 143 days before being sold in April, according to Australian Property Monitors. This compares with an average of 94 days in Sydney, 105 in Melbourne, 136 in Brisbane, 138 in Adelaide and 136 in Perth. 
SQM Research has released a list of the most discounted properties in Hobart, six months after its last list of deepest Hobart discounts. There is just one property that is still on the list, 22 Beach Street, White Beach. It came in at number 10 in November 2011, with its price hopes having been slashed from $250,000 to $195,000, or a discount of 22% after 1,211 days on the market.
It is now at number three, with its vendors having reduced their price expectations again, to $170,000.
<h2 style="font-size: 18px; line-height: 21px;">1</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2008421301" target="_blank">27 Reeve Street, Campania, Tasmania, 7026</a>
On the market since: June 14, 2010
Initial asking price: $330,000
Current asking price: $200,000
Reduction: 39%
Days on market: 589
<h2 style="font-size: 18px; line-height: 21px;"></h2>
<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.realestate.com.au%2Fcgi-bin%2Frsearch%3Fa%3Do%26id%3D106990132" target="_blank">211 Jetty Road, Eaglehawk Neck, Tasmania, 7179</a>
On the market since: November 14, 2010
Initial asking price: $595,000
Current asking price: $375,000
Reduction: 37%
Days on market: 434
 
<h2 style="font-size: 18px; line-height: 21px;"></h2>
<h2 style="font-size: 18px; line-height: 21px;">3</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2006781491" target="_blank">22 Beach Street, White Beach, Tasmania, 7184</a>
On the market since: July 1, 2008
Initial asking price: $250,000
Current asking price: $170,000
Reduction: 32%
Days on market: 1,302
 
<h2 style="font-size: 18px; line-height: 21px;">4</h2>
<a target="_blank" href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2008415859">27 Turners Road, Saltwater River, Tasmania, 7186</a> (pictured)
On the market since: June 14, 2010
Initial asking price: $695,,000
Current asking price: $475,000
Reduction: 32%
Days on market: 673
 
 
<h2 style="font-size: 18px; line-height: 21px;">5</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.realestate.com.au%2Fcgi-bin%2Frsearch%3Fa%3Do%26id%3D106613943" target="_blank">29 Watsons Road, Glen Huon, Tasmania, 7109</a>
On the market since: June 13, 2010
Initial asking price: $179,000
Current asking price: $125,000
Reduction: 30%
Days on market: 588
 
<h2 style="font-size: 18px; line-height: 21px;">6</h2>
<a target="_blank" href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2009110098">133 Davis Road, Baden, Tasmania, 7120</a>
On the market since: July 18, 2011
Initial asking price: $375,000
Current asking price: $280,000
Reduction: 25%
Days on market: 267
 
<h2 style="font-size: 18px; line-height: 21px;">7</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2008864836" target="_blank">8a Barton Avenue, Triabunna, Tasmania, 7190</a>
On the market since: March 7, 2011
Initial asking price: $295,000
Current asking price: $220,000
Reduction: 25%
Days on market: 400
 
 
<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%3D107250730">1620 Nubeena Road, Nubeena, Tasmania, 7184</a>
On the market since: March 20, 2011
Initial asking price: $395,000
Current asking price: $300,000
Reduction: 24%
Days on market: 308
 
<h2 style="font-size: 18px; line-height: 21px;">9</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.realestate.com.au%2Fcgi-bin%2Frsearch%3Fa%3Do%26id%3D106224707" target="_blank">26 Glenbervie Road, Dover, Tasmania, 7117</a>
On the market since: December 27, 2009
Initial asking price: $250,000
Current asking price: $190,000
Reduction: 24%
Days on market: 770
 
<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%3D109304791" target="_blank">2/12 Churchill Road, Taroona, Tasmania, 7053</a>
On the market since: January 29, 2012
Initial asking price: $4375,000
Current asking price: $299,000
Reduction: 20%
Days on market: 70
 
SQM Research also offers a list of the <a title="SQM Research" href="https://www.sqmresearch.com.au/top100bargains.php" target="_blank">Top 100 Biggest Bargains in Australia </a>for sale.
</body></html>

cknowlton-QnEa6ntUYP

Hobart vendors struggling in oversupplied market, even with discounts: SQM

<html><body>
The pace of Hobart house price falls picked up in the second half of 2011 at the same time as the proportion of mainland investors, who have traditionally helped support the Tasmanian market, dwindled.
Mainland buyers constituted 13% of sales in Tasmania during the December quarter, according to the Real Estate Institute of Tasmania property report – this figure has been as high as 25% in past years.
<img src="/images/stories/clockhobart.jpg">
According to the REIT, prices vary widely across the different Hobart markets – while inner Hobart had a median price of $471,310, middle Hobart had a median price of $320,000, and outer Hobart had a median price of $345,000 in February.
There was some good news for the Hobart market, with affordability improving by 3.1% in the final quarter of 2011, according to the HIA-Commonwealth Bank Housing Affordability index.
However the REIT reports just a handful of sales in some of Hobart’s most expensive suburbs in December, indicating a property market in virtual hibernation.
For example there were just five sales in Tranmere, middle Hobart in the December quarter. Tranmere has a median price of $665,000.
Population: 215,000
Median house price: $340,000
Median unit price: $260,000
House price growth in February 2012: 2.1%
Unit price growth in February 2012: 3.4%
Annual dwelling price growth to December 2011: -5.9%
Annual dwelling price growth to July 2011: -4.4%
Rental yield: 5.3% (houses), 5% (units)
 
To find out where your capital city's house or unit market is on the property clock, <a href="http://propertyobserver.com.au/ebooks/free-ebook-australias-autumn-2012-property-clock" target="_blank">download our free eBook.</a>
 
</body></html>

lschlesinger-FZcF9M3vE6

Hobart housing market at three o'clock and in virtual hibernation: Experts

<html><body>
Seven Mile Beach, near Hobart International Airport, is Tasmania’s fastest-selling locality, with houses taking an average of just 26 days to sell last year, according to RP Data. This was closely followed by Cooee at 30 days and then by Mount Stuart at 40. Property Observer notes there were 18 sales in Seven Mile Beach last year.
<table width="220" cellpadding="0" cellspacing="0" border="0"><tbody>
<tr>
<td valign="bottom" nowrap width="117">
Locality
</td>
<td valign="bottom" nowrap width="103">
Days on Market
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="117">
Seven Mile Beach
</td>
<td valign="bottom" nowrap width="103">
26
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="117">
Cooee
</td>
<td valign="bottom" nowrap width="103">
30
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="117">
Mount Stuart
</td>
<td valign="bottom" nowrap width="103">
42
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="117">
Brooklyn
</td>
<td valign="bottom" nowrap width="103">
44
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="117">
Lutana
</td>
<td valign="bottom" nowrap width="103">
47
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="117">
Parklands
</td>
<td valign="bottom" nowrap width="103">
52
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="117">
West Hobart
</td>
<td valign="bottom" nowrap width="103">
53
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="117">
Battery Point
</td>
<td valign="bottom" nowrap width="103">
54
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="117">
Mornington
</td>
<td valign="bottom" nowrap width="103">
55
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="117">
Forcett
</td>
<td valign="bottom" nowrap width="103">
60
</td>
</tr>
</tbody></table>
 Source: RP Data
</body></html>

Seven Mile Beach leads fastest-selling localities in Tasmania: RP Data

<html><body>
Scottsdale, in Tasmania’s north east, is the state’s slowest-selling locality, with houses taking more than six months to sell, according to RP Data. Scottsdale has recently suffered from job losses. Property Observer notes there were 18 sales in Scottsdale last year.
<table width="211" cellpadding="0" cellspacing="0" border="0"><tbody>
<tr>
<td valign="bottom" nowrap width="108">
Locality
</td>
<td valign="bottom" nowrap width="103">
Days on Market
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="108">
Scottsdale
</td>
<td valign="bottom" nowrap width="103">
194
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="108">
Huonville
</td>
<td valign="bottom" nowrap width="103">
164
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="108">
Scamander
</td>
<td valign="bottom" nowrap width="103">
163
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="108">
St Helens
</td>
<td valign="bottom" nowrap width="103">
162
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="108">
Shearwater
</td>
<td valign="bottom" nowrap width="103">
161
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="108">
Turners Beach
</td>
<td valign="bottom" nowrap width="103">
159
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="108">
Triabunna
</td>
<td valign="bottom" nowrap width="103">
155
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="108">
Eaglehawk Neck
</td>
<td valign="bottom" nowrap width="103">
152
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="108">
Miandetta
</td>
<td valign="bottom" nowrap width="103">
152
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="108">
Westbury
</td>
<td valign="bottom" nowrap width="103">
150
</td>
</tr>
</tbody></table>
 Source: RP Data
</body></html>

Scottsdale slowest-selling locality in Tasmania: RP Data

<html><body>
As we look to what's ahead for 2012, Property Observer is republishing some of our most noteworthy stories of 2011.
 
Former head of Macquarie Group’s real estate and banking Bill Moss has bought Tasmania’s Cradle Mountain Lodge with a group of investors, amid a struggling tourism sector.
Moss Capital bought the property for $25 million through CBRE. It previously traded for $21 million in 2009.
Moss advocates investing in the tourism sector, which is struggling due to high Australian dollar, low patronage and cheap flights.
“If we become interested we like to think we can increase the future value,” Moss says.
“You will hear about us buying more tourism assets.”
<img src="/images/stories/cradlemountain3.jpg">
The lodge was developed 25 years ago. The property borders the World Heritage-listed Cradle Mountain and Lake St Clair National Park.
Tasmania had 450,000 holiday arrivals in 2007-08 but this has dropped to fewer than 375,000 visitors according to Tourism Industry Council of Tasmania chief executive Luke Martin.
“There’s been a real softening. We are no different to any other tourism destination in the country, which is a reflection of the high Australian dollar, unprecedented low international airfares and the enormous incentives for Australians to travel overseas,” he told The Financial Review.
Across Australia occupancy rates and average room rate have improved slightly over the last two years, with revenue per available room expected to grow 6% this year, according to Deloitte research.
<a target="_blank" href="https://www.propertyobserver.com.au/leisure/dunk-island-in-fnq-rumoured-to-have-sold-to-linc-energy-boss-peter-bond/2011120252645">The purchase comes as Linc Energy founder Peter Bond spent $10 million on Queensland’s Dunk Island last week as a private getaway.</a>
Moss says he will continue to buy hotels and resorts.
“[I have] private families interested in buying iconic assets.”
The previous owners purchased the lodge in July 2009 for $21 million.
The lodge was opened in 1971 by four Tasmanians after they bought 324 hectares of property on the border of the national park.
In 1984 the lodge was bought by Simon and Anne Currant, who refurbished the property. P&amp;O bought the property in 1988 and did further works before passing it on to Voyages Hotels and Resorts, which sold it on in 2009.
</body></html>

Former Macquarie Group executive director Bill Moss heads Cradle Mountain Lodge buying syndicate

<html><body>
The Tasmanian property market, slow at the best of times, has turned positively glacial, as SQM Research’s list of the most discounted properties in Tasmania shows.

SQM director Louis Christopher points out that the most discounted home in Tasmania, 588 White Beach Road, White Beach, has been on the market for more than a year despite numerous incentives to try to secure a buyer. 

<p style="background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: white; background-position: initial initial; background-repeat: initial initial;">"Having already spent well over a year on the market, it seems that even price slashes totalling $380,000 as well as offering the home completely furnished has done little to attract significant buyer interest for this waterfront property," Christopher says.

<p style="background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: white; background-position: initial initial; background-repeat: initial initial;">Six of the 10 properties on SQM's list of the most discounted properties in Tasmania have been on the market for more than a year, and all have been on the market for more than 200 days. 

Hobart house prices have fallen 1% during the September quarter, which Christopher says is to be expected as the market continues to decline.

<p style="background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: white; background-position: initial initial; background-repeat: initial initial;">Christopher says the most recent fall is "in line with our original predictions that Hobart house prices will decline anywhere from 1.5% to 3.5% by the end of the 2011 calendar year".
<p style="background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: white; background-position: initial initial; background-repeat: initial initial;">According to RP Data's Tim Lawless <a href="/news">the market is struggling as tree-changers are no longer moving to Tasmania</a>.
<p style="background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: white; background-position: initial initial; background-repeat: initial initial;"> 
<h2 style="font-size: 18px; line-height: 21px;">1</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.realestate.com.au%2Fcgi-bin%2Frsearch%3Fa%3Do%26id%3D106479093" target="_blank">588 White Beach Road, White Beach, Tasmania, 7184</a>
On the market since: May 23, 2010
Initial asking price: $780,000
Current asking price: $400,000
Reduction: 49%
Days on market: 518
 
<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%3D2008491614" target="_blank">25 Vicary Street, Triabunna, Tasmania, 7190</a>
On the market since: August 2, 2010
Initial asking price: $299,000
Current asking price: $189,000
Reduction: 37%
Days on market: 449
 
3
<a target="_blank" href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2008743860">2 Duke Street, Geeveston, Tasmania, 7116</a>
On the market since: December 20, 2010
Initial asking price: $225,000
Current asking price: $160,000
Reduction: 29%
Days on market: 309
 
<h2 style="font-size: 18px; line-height: 21px;">4</h2>
<a target="_blank" href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2008795499">10 Lovell Road, Crabtree, Tasmania, 7109</a>
On the market since: February 7, 2011
Initial asking price: $799,000
Current asking price: $600,000
Reduction: 25%
Days on market: 260
 
<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%3D2008887920" target="_blank">128 Sandy Bay Road, Sandy Bay, Tasmania, 7005</a>
On the market since: March 21, 2011
Initial asking price: $795,000
Current asking price: $600,000
Reduction: 25%
Days on market: 218
 
<h2 style="font-size: 18px; line-height: 21px;">6</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.realestate.com.au%2Fcgi-bin%2Frsearch%3Fa%3Do%26id%3D106224707" target="_blank">26 Glenbervie Road, Dover, Tasmania, 7117</a>
On the market since: December 27, 2009
Initial asking price: $250,000
Current asking price: $190,000
Reduction: 24%
Days on market: 665
 
<h2 style="font-size: 18px; line-height: 21px;">7</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.realestate.com.au%2Fcgi-bin%2Frsearch%3Fa%3Do%26id%3D106859302" target="_blank">37 Islington Road, Montrose, Tasmania, 7010</a>
On the market since: December 3, 2010
Initial asking price: $380,000
Current asking price: $290,000
Reduction: 24%
Days on market: 385
 
 
<h2 style="font-size: 18px; line-height: 21px;">8</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2008866998" target="_blank">14 Castlereagh Court, Lenah Valley, Tasmania, 7008</a> (pictured)
On the market since: March 14, 2011
Initial asking price: $550,000
Current asking price: $425,000
Reduction: 23%
Days on market: 225
 
<h2 style="font-size: 18px; line-height: 21px;">9</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2007685342" target="_blank">5090 Tasman Highway, Buckland, Tasmania, 7190</a>
On the market since: May 18, 2008
Initial asking price: $250,000
Current asking price: $195,000
Reduction: 22%
Days on market: 1,255
 
<h2 style="font-size: 18px; line-height: 21px;">10</h2>
<a href="https://sqmresearch.com.au/homediscounts/redir.php?url=http%3A%2F%2Fwww.domain.com.au%2FPublic%2FPropertyDetails.aspx%3Fadid%3D2006781491" target="_blank">22 Beach Street, White Beach, Tasmania, 7184</a>
On the market since: July 1, 2008
Initial asking price: $250,000
Current asking price: $195,000
Reduction: 22%
Days on market: 1,211
 
SQM Research also offers a list of the <a href="https://www.sqmresearch.com.au/top100bargains.php" title="SQM Research" target="_blank">Top 100 Biggest Bargains in Australia </a>for sale.
</body></html>

Hobart houses still struggling to sell, despite discounts: SQM

<html><body>
{yoogallery src=[images/stories/september6schofield]}
Arts guru Leo Schofield has listed the antique contents of his early colonial Tasmanian sandstone residence, Dysart House, for October sale.
The listing suggests the property itself is nearing exchange, having been marketed since late 2010 through Charlotte Peterswald agent Brian Watchorn. While it is presumed it will remain a private residence, Dysart House has been marketed as suited for adaption to boutique accommodation, restaurant, or even as cooking school, the state’s current big thing.
Its stables could be also be used as an antique centre.
Located about 40 minutes from Hobart, it represents the best of listings in Tasmania.
The 1842 residence comes with a music room, billiard room, commercial kitchen and 10 bedrooms and has been Schofield's base since he departed Bronte House.
Dysart House’s past owners include Sydneysiders Paul and Yvonne Maule, along with actor Reg Livermore.
The former coaching inn stands on six hectares in the historic village of Kempton, where its first occupant, ex-convict embezzler-turned-innkeeper William Ellis, is buried in the nearby cemetery.
Designed in the Greek Revival (Georgian) style, its main facade is breakfront with five bays.
The portico has square and round Tuscan columns, framing the central entrance with four-panel door, fanlight and half sidelights.
Two wings, each with attic spaces, enclose a huge flagged courtyard and caretaker's quarters.
Built in 1842, it was originally named 'The Green Ponds Hotel' and served as an inn, public house and residence until the 1860s.
During the next decade it was used as scholastic establishment for young ladies before reverting to private occupancy.
The grounds come with an 1845 coach house and stables, partially restored.
The contents have been listed for October 23 Mossgreen auction.
Schofield has undertaken an extensive restoration in the past six years.
He has been recently spotted at a heritage listings elsewhere in Tasmania, so appears set to remain on the Apple Isle.
</body></html>

Latest Tasmania Property News

Tasmania joins Western Australia in introducing stamp duty discounts to off the plan property buyers

Editor's Picks

Developments

New apartments

New townhouses

News

Latest Tasmania Property News

Tasmania joins Western Australia in introducing stamp duty discounts to off the plan property buyers

Editor's Picks

Receive the latest news stories to your inbox

Developments

New apartments

New townhouses

News