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.

Joel Robinson

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

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

A collection of just 25 large-format apartments and penthouses overlooking Goodwin Park is entering the Coolangatta market, with <a href="https://www.apartments.com.au/new-apartments/marea-residences-coolangatta-27-27a-dixon-street-coolangatta-qld-4225">Maréa Residences</a> combining a low-density, residential-only approach with uninterrupted park and Pacific Ocean outlooks.

Located at 27 Dixon Street, Maréa comprises three and four-bedroom residences alongside a limited number of dual-level penthouses, with the project positioned between Goodwin Park and <a href="https://www.apartments.com.au/developments/coolangatta-qld-4225">Coolangatta</a>’s coastal precinct.

Construction has commenced, with completion currently estimated for late 2027. Three-bedroom residences are priced from $1.8 million.

[smartcode_project:default project_id=150999 project_image_fid=374005]

The project has been designed around its northern outlook across the park, with the building’s architecture, landscaping and material palette intended to establish a connection with the neighbouring green space. The residences have been configured to maximise natural light and views across Goodwin Park towards the ocean.

Inside, the material palette incorporates timber, stone and brushed brass, complemented by curved detailing and ambient lighting. Kitchens and bathrooms carry the same natural material approach, while residences also include basement parking, storage and lift access.

Maréa’s penthouses are arranged over two levels and include private pools, adding another layer to the project’s focus on larger-format apartment living. Across the development, residences are configured with three or four bedrooms rather than the broader mix of smaller apartment types commonly found in larger projects.

[smartcode_project:default project_id=150999 project_image_fid=374010]

Resident amenity is concentrated at rooftop level, where landscaped entertaining terraces and pools take advantage of elevated views across Coolangatta and the Pacific Ocean.

The project has so far been particularly well received by local owner-occupiers and downsizers, according to Urban Activation Property Sales and Marketing Director Matt George, with the residential-only format, construction quality and northern park outlook among the features resonating with purchasers.

“The uninterrupted northern aspect overlooking Goodwin Park has been a key point of difference, with buyers attracted to the sense of serenity and open space the park provides, while still enjoying easy access to the ocean and being within walking distance of the lifestyle and amenities Coolangatta has to offer,” George said.

[smartcode_project:default project_id=150999 project_image_fid=374002]

“The combination of high-quality construction, a residential-only building, park outlook and proximity to the beach has resonated strongly with the local downsizer market.”

The Dixon Street address is within walking distance of Coolangatta Beach and the broader southern Gold Coast coastline, including the surf breaks at Snapper Rocks and Kirra. Coolangatta’s cafés, restaurants and retail are nearby, while Gold Coast Airport is also within close proximity.

[smartcode_project_cta:default project_id=150999]

Maréa Residences brings parkside apartments to Coolangatta

Melbourne developer PDG has secured Victorian Government approval for its $1.5 billion Southbank development <a href="https://www.apartments.com.au/new-apartments/the-one-1-queens-bridge-street-southbank-vic-3006">The One</a>, clearing the way for the long-dormant riverfront site opposite Crown to finally be developed.

The Minister for Planning has approved the project at 1-29 Queens Bridge Street, with the Department of Transport and Planning issuing the planning permit following its assessment.

The approval will allow PDG to develop the prominent 5,059 sqm site with a major mixed-use tower comprising premium apartments, including branded residences, a luxury hotel and boutique office space.

PDG acquired the site in late 2024, with its position directly opposite Crown's main entrance and near Melbourne's Arts Precinct making it one of Southbank's most significant remaining development opportunities.

<img alt="PDG" data-entity-type="file" data-entity-uuid="3933013e-6332-4386-b9be-089df05caf17" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.22%E2%80%AFAM.png?VersionId=sITIgBqDL0N3VNSMwWEmF5UA.uvcsRyu" />

Designed by COX in collaboration with ODO and PDG, the tower's architecture draws on the movement of the Yarra River, with six vertical pleats running the height of the sculpted facade.

The project will also see the heritage-listed Queens Bridge Hotel restored and incorporated into the development&nbsp;with new hospitality and public uses, including a rooftop venue.

A significant component of The One will be its residential amenity.

More than 5,000 sqm of resident facilities will be delivered across a single level, making it one of the largest consolidated residential amenity offerings proposed in an Australian apartment development.

The planning approval also incorporates a major upgrade of Queensbridge Square, which PDG will deliver in partnership with the City of Melbourne.

<img alt="PDG" data-entity-type="file" data-entity-uuid="73167fcd-1031-4b6f-a408-a064cfe45ed1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.17%E2%80%AFAM.png?VersionId=Pf1AEWxw6SNmBqR0zQW5lyEze.MtxgFp" />

The existing square will be revitalised as a new civic and pedestrian space along the Yarra River, strengthening the connection between the project, Southbank and the riverfront.

PDG Founder and Managing Director Vince Giuliano said the approval represented a major milestone for a site which has remained largely underutilised for more than 15 years.

“This is the most significant Planning Permit approval Melbourne has seen in recent years,” Giuliano said.

“For more than 15 years, this site has remained underutilised. This approval enables us to deliver a project that will contribute meaningfully to the revitalisation of Southbank, restore and reactivate an important heritage building, and create a new civic and hospitality destination for Melbourne.”

The latest approval follows an earlier planning permit issued by the City of Melbourne covering demolition works across part of the site at 9-29 Queens Bridge Street. Those demolition and early works are already underway.

PDG has also started generating early interest in the residential component from owner-occupiers ahead of a planned public launch in early 2027.

PDG secures approval for $1.5bn Southbank apartment development, The One

Local developer Harridan is seeking to turn its Woolloongabba apartment project into the first stage of a broader transformation of Burke Street, using a new 16-storey mixed-use building to establish a greener pedestrian connection toward the rapidly evolving Boggo Road transport and knowledge precinct.

The South East Queensland developer has filed plans for 154 apartments on the <a href="https://www.apartments.com.au/new-apartments/4-burke-street-woolloongabba-qld-4102">southern side of Burke Street</a>, where its proposal has been designed alongside a wider vision by LatStudios for the street.

That vision positions the southern side of Burke Street for buildings of 15 storeys and above, while envisaging lower-rise development of up to five storeys on the northern side to transition into Woolloongabba's existing character housing. It also proposes wider pedestrian verges, deep planting, new street trees and upgrades to the pedestrian approach to Boggo Road Station.

The Harridan development itself has been designed by Brisbane-based Arqus Design and will comprise 154 apartments across 16 storeys. The mix is weighted heavily toward two-bedroom apartments, with 121 proposed alongside 10 one-bedroom and 23 three-bedroom residences. There will typically be around 14 units per floor.

A lower-ground car park and three podium levels will accommodate 156 resident parking spaces, along with visitor and commercial parking. There will also be 154 resident bicycle spaces and 40 visitor bicycle parks.

&nbsp;

Harridan is a family-owned developer and part of the Holmwood Highgate Group, with more than three decades of development activity across South East Queensland. Its portfolio spans residential, commercial and industrial property, with current residential projects including Riverbank on Byron in Bulimba, Esperance Residences in Carina and The Precinct at Kinross Road in Thornlands.

Wooloongabba has been popular for apartment developers, particularly since the announcement of the 2032 Summer Olympics games in Brisbane.

While there have been a lot of development applications, it has failed to materialize into real supply.&nbsp;

Sarazin has been the major player in the area. They are under construction at Murcia Residences, on the fringe of East Brisbane and Woolloongabba. They have just launched <a href="https://www.apartments.com.au/new-apartments/the-stanley-residences-woolloongabba-8-trafalgar-street-woolloongabba-qld-4102">The Stanley Residences</a>, in Woolloongabba on Trafalagar Street. They also have Nuage coming soon on the nearby <a href="https://www.apartments.com.au/new-apartments/nuage-woolloongabba-14-wellington-road-woolloongabba-qld-4102">Wellington Road</a>.

First look: Harridan plans Burke Street transformation beside Boggo Road transport hub

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?

<a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a> is preparing to commence construction on <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> this October, marking the next milestone for the Melbourne CBD development and its higher-end Eliza Collection.

Spanning levels 44 to 68 of the 68-storey <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed tower, the Eliza Collection has been conceived as a lower-density offering within the broader development, with only five apartments on each floor, dedicated lift access and a collection of resident spaces reserved exclusively for Eliza Collection residents.

The Eliza Collection forms part of Far East Consortium's broader move toward larger-format residences at 640 Bourke Street, where the number of apartments was reduced from earlier plans as apartment sizes increased.

[smartcode_project:default project_id=509 project_image_fid=365685]

"What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Far East Consortium Director of Sales and Marketing Lauren Sheldon said.

Rothelowman Associate Jun Chang said the design process provided an opportunity to create more generous floorplans.

"We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."

[smartcode_project:default project_id=509 project_image_fid=368869]

That thinking carries through to the Eliza Collection, where the residences have been designed around the space and functionality associated with a larger home, but positioned high above the centre of Melbourne.

Kitchens are equipped with Gaggenau appliances, a butler's pantry, temperature-controlled wine cabinet and sculptural pendant lighting, while engineered timber flooring, stone and porcelain finishes and custom cabinetry feature throughout the broader interiors.

Privacy and security are another point of distinction. Eliza Collection residents have dedicated lift access, while 640 Bourke Street will provide concierge services and secure resident parking. Short-stay accommodation, including Airbnb, will not be permitted within the development.

[smartcode_project:default project_id=509 project_image_fid=365689]

Eliza Collection residents will also have exclusive access to selected amenity spaces across levels one and three of the restored Eliza Tinsley building. These include the Salon with grand piano, an art therapy room, private dining rooms and treatment rooms.

They sit within more than 3,000 sqm of amenity planned across 640 Bourke Street, alongside facilities including a pool, gym, whisky lounge and further social and wellness spaces.

The Eliza Tinsley building itself is central to the wider project's identity. Rather than treating the existing Eliza Tinsley façade as a separate element, Rothelowman used it as a starting point for the architecture of the new tower, with the historic building to accommodate the project's gallery and lobby.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=368872]

The tower will rise behind the retained heritage building at 640 Bourke Street, placing residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market and the Docklands waterfront.

With construction scheduled to begin in October, Far East Consortium has established an onsite display gallery at 640 Bourke Street, including fully built apartments that allow the project's layouts, materials and finishes to be inspected at full scale.

A fully built Eliza Collection apartment is also available to view at the display suite by appointment ahead of the planned October construction commencement.

Eligible purchasers who buy before construction commences can secure the full available off-the-plan stamp duty savings, subject to eligibility and applicable conditions.

[smartcode_project_cta:default project_id=509]

Far East Consortium brings Eliza Collection to 640 Bourke Street ahead of October construction start

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Expert observer
Melbourne has a serious problem. Most of its job growth is in the CBD, yet most of its <a href="http://www.abs.gov.au/ausstats/abs@.nsf/Previousproducts/3218.0Main%20Features252014-15?opendocument&amp;tabname=Summary&amp;prodno=3218.0&amp;issue=2014-15&amp;num=&amp;view=" target="_blank">population growth is at the far extremes</a> of the city. It’s the same in other big Australian cities, like <a href="https://theconversation.com/if-the-people-cant-get-to-their-jobs-bring-the-jobs-to-the-people-57567">Sydney</a>.
Getting people to work is becoming harder. Many people take more than an hour to commute each way. They could better spend this time with their families, or at work; commuting time is wasted time.
There are three ways we might tackle this:
<ul>
<li>change the planning rules to let more people live near the centre</li>
<li>improve the freeways and railways so that people can commute more quickly</li>
<li>promote job growth away from the CBD.</li>
</ul>
We almost certainly need to do all three.
The Victorian Planning Authority (<a href="https://vpa.vic.gov.au/" target="_blank">VPA</a>) has <a href="https://vpa.vic.gov.au/urban-renewal/national-employment-clusters/" target="_blank">identified</a> three places in the west of the city – Footscray, Sunshine and Werribee – where jobs should be developed. The Victorian government is on the cusp of making major decisions that could convert these potential employment hubs into actuality. There are three big development proposals before the government that could make a difference. It would be a pity if it missed these opportunities.
<h2>Change of tack is needed</h2>
At the moment the Victorian government’s main strategy is to improve the infrastructure. This is a very expensive solution.
In parallel, the Planning Authority has been working to improve population density by allowing more high-rise housing, particularly around main railway stations and tramlines. However, resistance from local residents has made it hard to increase density in the middle suburbs.
We have seen very little effort so far in Melbourne to create job opportunities within the city but away from the CBD. The planners have identified several potential employment hubs but have not figured out how to create jobs there. This has been a failure of state governments over recent decades.
The problem is most acute in the west of the city. On <a href="http://www.communityprofile.com.au/melbourneswest" target="_blank">current growth trends</a>, by 2030 there will be a shortage of 100,000 jobs in the west; that many extra people will have to commute out every day.
<h2>What’s on the drawing board?</h2>
At Footscray, the key decision is where to locate the <a href="http://www.westernhealth.org.au/AboutUs/News/Pages/A-new-beginning-for-Footscray-Hospital.aspx" target="_blank">new hospital</a>. The best opportunity for future employment would be to <a href="http://www.westernhealth.org.au/AboutUs/News/Documents/Media%20release%20-%20Footscray%20Hospital%20rebuild_7Dec17.pdf" target="_blank">put it next to Victoria University</a> to exploit co-investment and synergies between the two. This would accelerate Footscray’s emergence as a professional services hub.
The payoffs in terms of jobs will be much greater than if the hospital is built well away from the centre of Footscray, which is the other main option. The decision is a test of whether the government really intends to create a polycentric city or not.
At Werribee, the decision is whether to go ahead with the proposed <a href="http://www.heraldsun.com.au/news/victoria/future-melbourne/tech-giants-push-for-piece-of-30bn-super-city-in-east-werribee/news-story/51e77278242514b23567bf6b9e00050c" target="_blank">Australian Education City</a>. This is an ambitious proposal to develop a completely new technology city, mixing technology companies, universities, research laboratories and suitable housing. There would be significant public infrastructure needs to complement the private investment.
The big advantage for Melbourne would be that it gains a major new technology precinct. It is an important proposal for the west because the region has very few jobs in IT, computing and e-commerce.
The third big opportunity lies in the rail connection between Sunshine and the airport at Tullamarine. With Sunshine the hub for regional rail and well connected to the CBD, the proposed <a href="https://www.theage.com.au/national/victoria/sunshine-route-to-melbourne-airport-backed-by-rail-group-20171123-gzrqgl" target="_blank">airport link</a> adds a major new facility that Melbourne lacks. It would also transform Sunshine, making it an important focal point for hotels and other airport-oriented businesses.
While the state Labor government has proposed this alternative, the <a href="https://www.theage.com.au/national/victoria/melbourne-airport-rail-to-be-under-way-within-10-years-premier-says-20171122-gzqywe" target="_blank">post-2025 start date</a> makes it less valuable as a city-shaping investment.
To maintain the quality of life of its residents, Melbourne badly needs to create new poles of employment. The west of the city has <a href="http://www.abs.gov.au/ausstats/abs@.nsf/Previousproducts/3218.0Main%20Features252014-15?opendocument&amp;tabname=Summary&amp;prodno=3218.0&amp;issue=2014-15&amp;num=&amp;view=" target="_blank">some of the fastest population growth</a> in the nation. What is lacks is a commitment from government to growing jobs in the region and away from the CBD.
<img src="https://counter.theconversation.com/content/93067/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1">The location of the Footscray hospital, the decision on the Australian Education City, and the timing of the airport rail link are once-in-a-generation choices. Let us hope the government makes decisions that will support dispersed job growth. Failure to do so will make Melbourne a much less attractive place to live in future.
<a href="https://theconversation.com/profiles/rodney-maddock-107543" target="_blank">Rodney Maddock</a>, Vice Chancellor's Fellow at Victoria University and Adjunct Professor of Economics, <a href="http://theconversation.com/institutions/monash-university-1065" target="_blank">Monash University</a>
This article was originally published on <a href="http://theconversation.com" target="_blank">The Conversation</a>. Read the <a href="https://theconversation.com/our-growing-big-cities-need-new-centres-of-employment-heres-melbournes-chance-93067" target="_blank">original article</a>.
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j.ballantyne1990-6AQqhLzZaK

New centres of employment are needed in our growing big cities

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Melbourne’s strategic planning history has largely overlooked the contribution of <a href="https://www.vu.edu.au/library/about-the-library/special-collections-archives/ruth-maurie-crow-collection" target="_blank">Ruth and Maurie Crow.</a>
The Crows were early champions of functional mix and compact urban development. They didn’t eulogise lower-density suburban form, but equally didn’t advocate higher densities as necessarily humanising in themselves.
In their three-volume <a href="https://www.propertyobserver.com.au/https://trove.nla.gov.au/work/10498626?q&amp;versionId=22767541" target="_blank">Plan for Melbourne</a>, published from 1969-72, the Crows argued for compact urban development driven by spatial justice ambitions. Revisiting their work provides a counterbalance to evaluate the motivations for the transformations of our cities today. Their Plan for Melbourne shows a prescient awareness of the need to design cities to maximise access and interaction:
the debate around the plan for the future of a city is not essentially a debate about things … buildings, cars, trains, roads and so on, and their placement; although it often expresses itself in these terms. It is essentially a debate about human relationships.
<a href="https://images.theconversation.com/files/208788/original/file-20180304-65541-15kpf7w.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/208788/original/file-20180304-65541-15kpf7w.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
The Crows’ pioneering work, Plan for Melbourne, was published as three volumes in 1969, 1970 and 1972. Ruth &amp; Maurie Crow Collection/Victoria University Library.
The compact city has been a steadfast trope in Australia’s strategic planning rhetoric since the 1980s. Consolidation of urban areas, containment of outward growth, and a multi-nuclear metropolitan structure are deemed necessary to support increasing populations in uncertain socio-ecological futures.
Despite this naturalised policy ambition, metropolitan planning has delivered what Clive Forster termed a “<a href="http://onlinelibrary.wiley.com/doi/10.1111/j.1745-5871.2006.00374.x/full" target="_blank">parallel universe phenomenon</a>”. The vast gaps between planning intent and urban reality have everyday justice implications, resulting in a parallel justice phenomenon.
The justice ambitions have often been subsumed into transformations of our cities driven by economic rationality. For the Crows, the goal of social justice was paramount.
<h2>What has driven urban transformations?</h2>
Melbourne’s strategic planning history is marked by an alternating desire for containment and decentralisation. Various propositions have come to the fore, including “the dispersed city”, “satellite cities”, “growth corridors”, and “the redirected city”.
The late 1960s and early 1970s were a transitional moment in Melbourne’s development. Unfettered expansion had typified the city since the 1930s. Now the growth trajectories of both the metropolitan area and the central city were being publicly questioned.
The Crows’ Plan for Melbourne was rejected on the grounds of its seemingly unachievable restructuring propositions. Instead, in 1971, the Melbourne Metropolitan Board of Works advanced the elusive “<a href="https://www.planning.vic.gov.au/policy-and-strategy/planning-for-melbourne" target="_blank">growth corridors and green wedges</a>” policy. The radical implications of the Crows’ proposed “clustering”, “concourses” and “collectives” to create an <a href="https://theconversation.com/putting-the-pieces-together-to-create-safe-public-spaces-for-all-89961" target="_blank">inclusive, accessible and convivial city</a> weren’t considered.
The compact city ideal was not validated in official planning rhetoric until the <a href="https://www.planning.vic.gov.au/policy-and-strategy/planning-for-melbourne/metropolitan-strategy-implementation-1981" target="_blank">1981 strategic plan</a>. Spatial consolidation then became de facto policy. The aim was to promote inner-city population and employment growth, as well as greater use of existing infrastructure and services.
However, <a href="https://theconversation.com/market-driven-compaction-is-no-way-to-build-an-ecocity-80199" target="_blank">market-driven compaction</a> contributes to uneven distribution of, and precarious access to, social infrastructure, affordable housing, public transport and hospitable urban life across the city. The result is a shortfall of social justice.
<h2>Revisiting a vision of a different city</h2>
Heavily involved in citizen activism, The Crows dedicated themselves to the “urban action movement”. They were amateur planners, heterodox communists, and avid community members. They proposed radical alternatives to what they understood as the injustices of urbanisation and capitalism.
They wanted a city that was more rewarding, both socially and ecologically. This was their rallying cry:
You have to project the future: a more workable, more humane, more ecological future, and then battle towards it. Maybe the goals will change as you battle towards them: but without goals there is no battle, only unending class scrimmage within the system.
For the Crows, urban consolidation had two interlocking objectives. The first was to concentrate social activity and so minimise transport energy. The second was to heighten participatory enjoyment.
<img src="https://images.theconversation.com/files/208787/original/file-20180304-65522-1pwkbw1.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt="">
Image of the linear city from Plan for Melbourne Volume 3. Courtesy of the Ruth &amp; Maurie Crow Collection, Victoria University Library
<h2>Clustering, concourse, collectives</h2>
The Crows proposed a compact city with explicit structural elements. In their future Melbourne, towns were to be clustered along a linear spine towards the southeast. A rapid transit network would connect a string of “mini-metro hearts” and “city-metro hearts” to allow for easy commuting.
Multi-functional zoning and high-density cores distinguished their towns from existing suburbs. The Crows proposed dedicated first-level concourses in their “metro hearts” to promote commerce-free encounters. These high-density core areas were to be entirely vehicle-free and were intended to overcome <a href="https://theconversation.com/lonely-over-christmas-a-snapshot-of-social-isolation-in-the-suburbs-34810" target="_blank">social isolation</a>.
Concourses were designed as a “therapeutic measure”, counteracting the “community scattering trend” of the car. These areas would allow for “deliberate voluntary contact”, encouraging interaction beyond the fleeting yet pervasive contact of commercial transaction. The Crows’ intention was to catalyse spaces for voluntary collectives to form and flourish as a means to enhance the “tone” or “ethos” of the community.
<img src="https://images.theconversation.com/files/208620/original/file-20180302-65541-1nmza5x.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt="">
Proposed restructuring of Melbourne’s future growth, from Plan for Melbourne Volume 3. Courtesy of the Ruth &amp; Maurie Crow Collection, Victoria University Library
<h2>Compaction for conviviality</h2>
The Crows’ Plan for Melbourne presented a radical alternative to what mainstream planners were proposing at the time.
Their calls for compaction were informed by spatial justice ambitions to minimise alienation, increase accessibility and support the need for social interaction. They proposed clustering, concourses and collectives to ensure access and inclusion; this was compaction for <a href="https://theconversation.com/the-quest-for-the-convivial-city-how-do-ours-fare-90004" target="_blank">conviviality</a> rather than capital accumulation.
<a href="https://theconversation.com/how-a-three-decade-remaking-of-the-city-revived-the-buzz-of-marvellous-melbourne-91481" target="_blank">Melbourne has certainly transformed into a vibrant centre</a> since the Crows’ Plan for Melbourne. Whether it is being planned as a just city is questionable. Hyper-density and visible homelessness are now emblematic of the city.
<img src="https://counter.theconversation.com/content/92034/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1">The Crows warned 50 years ago that, without a clear justice intent driving metropolitan development, we risked looking back with regret that the struggle to shape our cities for their citizens rather than vested interests began too late.
<a href="https://theconversation.com/profiles/claire-collie-438785" target="_blank">Claire Collie</a>, PhD candidate in Urban Planning, <a href="http://theconversation.com/institutions/university-of-melbourne-722" target="_blank">University of Melbourne</a>
This article was originally published on <a href="http://theconversation.com" target="_blank">The Conversation</a>. Read the <a href="https://theconversation.com/theres-more-to-the-compact-city-than-getting-dense-92034" target="_blank">original article</a>.
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There’s more to the compact city than getting dense

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Dahua Group Australia has launched its Westwood residential community in Melbourne’s fast growing Plumpton. 
The suburb was recently renamed as Fraser Rise.
Westwood provides an affordable and aspirational lifestyle offering with latest stage release price from $258,000.
Hugh Lu, Development Manager for Westwood says there was a positive response with stage one selling out over a weekend.
Situated 30km north-west of the CBD, Plumpton is a family-focused community with a population of 153,120, which is projected to reach 381,987 by 2040.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/9/WEstwood.jpg" alt="">
 
Westwood, Dahua’s residential community, is located at 235 Beattys Road, Plumpton. 
It will consist of over 1,400 land lots that will be sold in 24 stages. 
Stage one’s 20 land lots sold out at launch weekend to local purchasers. 
Westwood includes a parkland spine (The Walk) with interconnecting parks designed by Spiire Landscape Architects, sporting ovals, and council community centre. Construction is expected to commence in May 2018.
 
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Dahua Group's Westwood sells out first release 

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<div class="cq-article-content-paras section">
The Victorian state government is set to call for expressions of interest in its land titles and registry unit.
The sale process will offer a 40-year concession for a private operator to run the business. 
Australian and offshore infrastructure funds, superannuation and pension funds and registry companies are expected to line up in the land titles auction, the Australian Financial Review has advised.
It will be overseen by investment bank UBS and law firm Minter Ellison. 
It will offer the right to run the state's land titles unit for the next 40-years, to oversee all land registry functions and transactions excepting subdivisions, application and survey (which registers complex survey and plan based dealings and applications) and the official role of Registrar of Titles, which oversees the whole operation. 
</div>
<div class="cq-article-content-paras section">
<div id="article-inline-ad" class="adWrapper">The state is expected to retain control of pricing over statutory land registry services and monitor the pricing of other services provided under the contract. </div>
</div>
<div class="cq-article-content-paras section">
The other exclusions from the sale include the Valuer-General Victoria, Surveyor-General Victoria, Land Information and Spatial Services, Government Land Advice and Coordination and the Victorian Government Land Monitor.
Victoria Treasurer Tim Pallas will launch the tender this week. 
The transaction comes after New South Wales and South Australia privatised their land titles office.
It comes Western Australia also considers privatising its land titles unit, Landgate.
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Victoria land titles set for privatisation

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Stawell and Moe are the cheapest Victorian localities to rent a unit, according to Investar’s latest June report.
The property investment firm says that the median rent at Stawell and Moe is $160.
This is followed by Traralgon with $165 and Portland with $170.
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="67">
Suburb
</td>
<td valign="top" width="64">
Postcode
</td>
<td valign="top" width="81">
Bedrooms
</td>
<td valign="top" width="117">
Current median rent
</td>
</tr>
<tr>
<td valign="top" width="67">
Stawell
</td>
<td valign="top" width="64">
3380
</td>
<td valign="top" width="81">
2
</td>
<td valign="top" width="117">
$160
</td>
</tr>
<tr>
<td valign="top" width="67">
Moe
</td>
<td valign="top" width="64">
3825
</td>
<td valign="top" width="81">
2
</td>
<td valign="top" width="117">
$160
</td>
</tr>
<tr>
<td valign="top" width="67">
Traralgon
</td>
<td valign="top" width="64">
3844
</td>
<td valign="top" width="81">
Studio and 1
</td>
<td valign="top" width="117">
$165
</td>
</tr>
<tr>
<td valign="top" width="67">
Portland
</td>
<td valign="top" width="64">
3305
</td>
<td valign="top" width="81">
2
</td>
<td valign="top" width="117">
$170
</td>
</tr>
<tr>
<td valign="top" width="67">
Morwell
</td>
<td valign="top" width="64">
3840
</td>
<td valign="top" width="81">
2
</td>
<td valign="top" width="117">
$175
</td>
</tr>
</tbody></table>
A two bedroom unit at <a href="https://www.realestate.com.au/property-unit-vic-moe-404820299" target="_blank">3/9 Evelyn Street</a>, Moe (above) has been listed for $155 per week.
Similarly a two bedroom unit at <a href="https://www.realestate.com.au/property-unit-vic-stawell-420781218" target="_blank">7/103-105 Cooper Street</a>, Stawell (below) has been listed for $160 per week.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/06/09/7_103-105%20Cooper%20Street.jpg" alt="">
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Stawell and Moe the cheapest Victorian localities to rent units: Investar

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Inner northern suburbs of Melbourne continue to perform well with strong results continuing at all price points, according to a recent Herron Todd White (HTW) report.
The property valuation firm says that detached dwellings continue to outperform units due to strong land values and proximity to amenities.
“Growth within the detached dwelling sector continues to outperform their unit counterparts driven by strong underlying land values, infrastructure and proximity to employment and amenities," HTW said.
“Outer northern suburbs of Craigieburn, Mickleham and Kalkallo are also considered to be performing well at all price points primarily driven by factors associated with affordability, infrastructure and population growth.
“These markets are considered to be tracking well with strong demand and relatively limited availability of new titled allotments being made available.
“We have noted however, that a substantial increase in supply could lead the market in a new direction.”
Herron Todd White warned that outer northern suburbs are at higher risk of being less popular if interest rates were to rise.
“Generally speaking, the outer northern suburbs would benefit most from an increase in infrastructure investment given the lack of pre-existing infrastructure to support the already growing population.
“Both the inner northern and outer northern suburbs would likely see a slow down if there was a significant change in lending criteria or interest rates.
“Outer northern suburbs however, are at higher risk of being impacted by a decrease in overall demand as they are more sensitive to rising rates.”
A five bedroom house at <a href="https://www.realestate.com.au/property-house-vic-craigieburn-125374198" target="_blank">69 Parkside Rise</a>, Craigieburn (above) has been listed for $850,000 to $935,000.
Similarly a three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-kalkallo-125493798" target="_blank">4 Blayney Street</a>, Kalkallo (below) has been listed for $509,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/05/19/4%20Blayney%20Street.jpg" alt="">
A three bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-craigieburn-125217394" target="_blank">55 Bowral Loop</a>, Craigieburn (below) was recently sold for $397,500.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/05/19/55%20Bowral%20Loop.jpg" alt="">
Similarly a four bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-craigieburn-125159974" target="_blank">11 Black Range Avenue</a>, Craigieburn (below) was recently sold for $570,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/05/19/11%20Black%20Range%20Avenue.jpg" alt="">
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Northern Melbourne residential market growing strong: HTW

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Last spring, Secret Agent investigated the cost of rebuilding two period homes in inner Melbourne using current technology and materials. Our results below demonstrate that the prices paid for period property fairly represent the quality, history and scarcity of these types of homes in today’s market.
Using real examples of a Victorian terrace and an Edwardian house, we found that recreating these homes from scratch would cost at least $740,000 more than what you would pay for a genuine period home.
While it is possible to build a new home that imitates the defining features of Victorian and Edwardian houses, replacing period character to its full extent is almost impossible to get right. Note that the figures in the analysis of replacement values are conservative estimates only.
<a href="https://www.propertyobserver.com.au/images/2017/05/25/Screen%20Shot%202017-05-25%20at%2011.18.22%20AM.png">Click to enlarge</a>
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<img src="https://www.urban.com.au/images/2017/05/25/Screen%20Shot%202017-05-25%20at%2011.18.22%20AM.png" alt="">
<a href="https://www.propertyobserver.com.au/images/2017/05/25/Screen%20Shot%202017-05-25%20at%2011.19.08%20AM.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/05/25/Screen%20Shot%202017-05-25%20at%2011.19.08%20AM.png" alt="">
For more information, <a href="https://secretagent.com.au/">click here</a>.
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Why period homes represent good value: Secret Agent

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A one bedroom unit at Sunshine sold for $245,000 making it Melbourne’s most cheapest weekend auction sale.
Located at <a href="https://www.realestate.com.au/sold/property-unit-vic-sunshine-124099310" target="_blank">4/136-140 Wright Street</a>, the property was offered through Douglas Kay Real Estate agents Adrian Kay and Anthony Caccamo.
The adjoining villa sold for $242,000.
They both sold at $67,500 in 2001.
The median price of one bedroom units in Sunshine is $270,000, with the sale $25,000 short of the median price.
The median price of units overall in Sunshine is $352,500 while houses have a median price of $700,000.
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One bedroom Sunshine unit sold for $245,000

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Warracknabeal ranks as the cheapest Victoria locality to purchase a house, according to a recent Investar report.
The property investment firm says that the median price for three bedroom houses in Warracknabeal, famous as the hometown of musician Nick Cave, is $130,500.
This is followed by Dimboola with $132,000 and Ouyen with $132,500.
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="106">
Suburb
</td>
<td valign="top" width="64">
Postcode
</td>
<td valign="top" width="70">
Bedrooms
</td>
<td valign="top" width="122">
Current median price
</td>
</tr>
<tr>
<td valign="top" width="106">
Warracknabeal
</td>
<td valign="top" width="64">
3393
</td>
<td valign="top" width="70">
3
</td>
<td valign="top" width="122">
$130,500
</td>
</tr>
<tr>
<td valign="top" width="106">
Dimboola
</td>
<td valign="top" width="64">
3414
</td>
<td valign="top" width="70">
3
</td>
<td valign="top" width="122">
$132,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Ouyen
</td>
<td valign="top" width="64">
3490
</td>
<td valign="top" width="70">
3
</td>
<td valign="top" width="122">
$132,500
</td>
</tr>
<tr>
<td valign="top" width="106">
Morwell
</td>
<td valign="top" width="64">
3840
</td>
<td valign="top" width="70">
2
</td>
<td valign="top" width="122">
$133,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Moe
</td>
<td valign="top" width="64">
3840
</td>
<td valign="top" width="70">
2
</td>
<td valign="top" width="122">
$142,500
</td>
</tr>
<tr>
<td valign="top" width="106">
Nhill
</td>
<td valign="top" width="64">
3418
</td>
<td valign="top" width="70">
3
</td>
<td valign="top" width="122">
$150,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Stawell
</td>
<td valign="top" width="64">
3380
</td>
<td valign="top" width="70">
2
</td>
<td valign="top" width="122">
$165,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Mooroopna
</td>
<td valign="top" width="64">
3629
</td>
<td valign="top" width="70">
2
</td>
<td valign="top" width="122">
$167,500
</td>
</tr>
<tr>
<td valign="top" width="106">
Mildura
</td>
<td valign="top" width="64">
3500
</td>
<td valign="top" width="70">
2
</td>
<td valign="top" width="122">
$169,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Mortlake
</td>
<td valign="top" width="64">
3272
</td>
<td valign="top" width="70">
3
</td>
<td valign="top" width="122">
$169,000
</td>
</tr>
</tbody></table>
A three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-warracknabeal-121945482" target="_blank">22 Hewitt Street</a>, Warracknabeal (above) has been listed for $135,000.
Similarly, a three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-warracknabeal-125186974" target="_blank">130 Anderson Street</a>, Warracknabeal (below) was listed earlier this year for $129,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/04/12/130%20Anderson%20Street.jpg" alt="">
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Warracknabeal the cheapest locality in Victoria for houses: Investar

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Echuca's residential market continues to remain strong with tight supply, according to Herron Todd White’s (HTW) May report.
The property valuation firm says that the lack of supply is likely to be temporarily alleviated due to additional supply in both Moama and Echuca.
“The local market continues to be relatively strong with generally tight supply on account of limited residential land supply in the past 12 to 18 months, although this is likely to be alleviated in the short term by additional supply in both Moama and more particularly Echuca,” the report said.
“Average pricing has pushed up in recent times with good demand and limited supply in the $350,000 to $450,000 bracket resulting in an upward shift in demand for properties priced in excess of $400,000 for mortgage belt type properties.
“Melbourne buyers continue to underpin the higher end of the market with several off river sales in excess of $800,000, particularly in Moama for custom built and well finished properties.
“The buoyant agricultural sector has also been a positive for the local economy.
“A slow down in the market in Melbourne or closure of a significant factory would likely affect the higher market segments and mortgage belt segments respectively, although there is likely to be significant cushioning from any metropolitan softening because the local market has not charged ahead at the same rate, with local prices more likely to plateau.”
A three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-echuca-124713066" target="_blank">244 Farley Road</a>, Echuca (above) has been listed for $435,000.
Similarly a four bedroom house at <a href="https://www.realestate.com.au/property-house-vic-echuca-125472554" target="_blank">11 Charlton Court</a>, Echuca (below) has been listed for $445,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/05/19/11%20Charlton%20Court.jpg" alt="">
A four bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-echuca-124328474" target="_blank">135 Stawell Street</a>, Echuca (below) was recently sold for $422,500.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/05/19/135%20Stawell%20Street.jpg" alt="">
Similarly a three bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-echuca-125123286" target="_blank">204 High Street</a>, Echuca (below) was recently sold for $376,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/05/19/204%20High%20Street.jpg" alt="">
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