Abadeen has released the whole-floor penthouse crowning its recently completed <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences</a> development in Cremorne, bringing the near-300 sqm residence to market for the first time.

Occupying the entire top floor of the boutique Lower North Shore development, the penthouse includes 221 sqm of internal living and a 74 sqm wraparound terrace, with a prized north-facing aspect taking in views across Middle Harbour.

The residence has been completed and fully furnished following a collaboration between Abadeen Executive Chairman Justin Brown and internationally recognised interior designer Jack Freeman, Founder and Managing Director of FREEMAN &amp; CO.

<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> and Freeman approached the penthouse as a finished home, sourcing furniture, artwork, lighting and objects from Australia and overseas.

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Pieces from Parisian design house Pierre Augustin Rose sit alongside contemporary artworks and bespoke lighting, with Freeman drawing on recent visits to PAD Paris and Salone del Mobile Milano for the final collection.

Brown said the aim was to create a penthouse that felt more like a large-scale private home than a traditional apartment.

"The experience begins the moment the lift doors open. You're welcomed into an elegant dining room before the home opens into an extraordinary living space framed by sun-drenched harbour views.

"Every time someone walks through the front door they pause. It's not just the view, it's the incredible sense of space, the warmth created by the northern sunlight that fills the interiors, and the way every room connects so effortlessly.

"It has all the proportions of a luxury home, while delivering the effortless lifestyle and personalised experience of living in a world-class six-star hotel, combined with the simplicity and convenience of apartment living."

[smartcode_project:default project_id=114246 project_image_fid=378713]

A secure lift provides exclusive access to the penthouse level, opening to a dedicated arrival foyer and dining area before the residence expands into its main living and entertaining spaces.

Floor-to-ceiling glazing runs across the northern side of the home, connecting the interiors with the terrace and Middle Harbour outlook.

The penthouse also features a fireplace and substantial chef's kitchen, while the wraparound terrace has been designed to accommodate both everyday outdoor living and larger-scale entertaining.

[smartcode_project:default project_id=114246 project_image_fid=378720]

Freeman said the interiors had been deliberately kept restrained to complement the scale, natural light and outlook already established by the architecture.

"The penthouse is a serene study in quiet luxury," Freeman said.

"The interior pairs soft, sculptural forms with warm timber, pale stone and a restrained neutral palette. Curated artwork and metallic accents add depth, while abundant natural light creates a calm, effortlessly refined atmosphere. In my world, less is always more."

Freeman said the approach was centred around collecting individual pieces rather than simply decorating the apartment.

"Every material, every object and every piece of furniture has been curated with intention. I am a true believer in collecting versus decorating.

"The architecture already provided extraordinary natural light, remarkable volume and an uninterrupted connection to Middle Harbour. Our role was to complement those qualities with unique one-of-a-kind pieces of fine art and collectible design sourced from recent travels around the world."

[smartcode_project:default project_id=114246 project_image_fid=378694]

Among the collection are solid bronze sculptures by Lorenzo Quinn, alongside a curated crystalware collection and pieces sourced from international design fairs.

Park Residences sits opposite Cammeray Golf Club, Cammeray Croquet Club and Grand Slam Tennis Cammeray, around 300 metres from Neutral Bay Village and its established collection of restaurants, cafés and retail.

Brown said the combination of a whole-floor floorplan, northern aspect and proximity to Neutral Bay was becoming increasingly difficult to find on the Lower North Shore.

"Completed whole-floor penthouses with a sun-drenched north-facing aspect and sweeping Middle Harbour views are exceptionally rare," Brown said.

"Add a quiet position opposite golf, croquet and tennis facilities, a level walk to Neutral Bay Village and only minutes to the CBD, and you have a lifestyle that's incredibly difficult to replicate.

"This is a home that offers the privacy and generosity of a luxury residence together with the convenience of one of Sydney's best-connected harbourside locations."

The penthouse will be exclusively marketed by SRM Residential.

[smartcode_project_cta:default project_id=114246]

Joel Robinson

Abadeen unveils penthouse at Park Residences in Cremorne

New Brisbane developer Dalcott has unveiled Marrone, the first of three residential projects it is planning in and around Browning Street in South Brisbane.

<a href="https://www.apartments.com.au/new-apartments/marrone-south-brisbane-39-browning-street-south-brisbane-qld-4101">Marrone</a> will comprise 97 predominantly two- and three-bedroom apartments, with larger residences aimed squarely at the owner-occupier market.

The project will sit in a quiet pocket of South Brisbane between South Bank and West End, close to the restaurants, cultural attractions and riverfront amenity that have driven the suburb's continued transformation.

Dalcott is targeting buyers looking for more space and amenity than has traditionally been offered in the inner-city apartment market, particularly downsizers and professionals wanting to remain close to the city.

[smartcode_project:default project_id=149951 project_image_fid=377072]

Resident facilities will be concentrated around an extensive rooftop amenity offering, including a swimming pool, spa, infrared sauna, warm and cold magnesium plunge pools, private lounge, dining room and outdoor entertaining areas.

Dalcott Managing Director Lachlan Cottee said South Brisbane's combination of lifestyle, connectivity and established character had been central to the approach to Marrone.

“South Brisbane offers a combination of lifestyle, connectivity and character that’s difficult to replicate elsewhere in Brisbane,” Cottee said.

“Our focus has been on creating homes that feel connected to that environment while providing the level of design, functionality and quality that today's owner-occupiers expect.”

The residences will feature an expressive material palette. Italian Calacatta Viola marble, known for its deep burgundy veining, will be paired with aged brass tapware, Chestnut engineered timber flooring and Tuscan Oak joinery.

<img alt="Marrone" data-entity-type="file" data-entity-uuid="b8d833da-3b30-496a-ae30-07bdff371b50" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.35%E2%80%AFAM.png?VersionId=P6DAgOfaQzIXljKKK5j3e5NhWtrHIu9G" />

Bathrooms will feature Nara Japanese ceramics and glass bricks, while clay, walnut and brass lighting will be used throughout the apartments.

Dalcott has appointed Realm Projects, led by Managing Director Shane Foley, to handle sales and marketing following previous sold-out collaborations between the groups.

Foley said the Brisbane apartment buyer had become increasingly focused on the quality of the home itself rather than simply securing an inner-city address.

“We expect to see strong demand from buyers who still want all the advantages of inner-city living but aren’t prepared to compromise on the quality of their home,” Foley said.

“Many will be downsizers looking to leave behind the maintenance of a traditional family home without giving up the space they enjoy, while others are likely to be professionals wanting a residence that reflects the way they live today.”

“Marrone responds directly to that demand, with generous floorplans, exceptional resident amenity and a location that places some of Brisbane’s best dining, entertainment and cultural attractions within walking distance.”

<img alt="Marrone" data-entity-type="file" data-entity-uuid="61f7b22f-899e-4c0f-940a-7d3ab1bfb93a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.44%E2%80%AFAM.png?VersionId=PvN1JYxBgUpyCB7efKo52WGdSDs9nmim" />

Marrone will be the first project delivered as part of Dalcott's broader investment in the precinct.

It will be followed by La Terra, a boutique project comprising penthouse-style, single-level apartments on a northeast corner site with extensive resident amenity and city views.

Cottee said Marrone represented the first stage of the group's longer-term plans for the area.

Dalcott was established in 2025 by Lachlan Cottee and Ben Dalgliesh, combining development and construction capability under an integrated model and focusing on architecturally considered residential projects.

Marrone will initially be offered through a pre-release registration campaign ahead of its broader public launch.

Dalcott targets owner-occupiers with South Brisbane debut Marrone

Parnell Developments is the latest to seek significant uplift through the NSW Government's Housing Delivery Authority on a Strathfield site previously approved for a much smaller apartment development.

Parnell has sought approval for a 32-storey mixed use tower across&nbsp;<a href="https://www.apartments.com.au/new-apartments/7-lyons-street-strathfield-nsw-2135">3-7 Lyons Street and 18 Parnell Street</a>, a&nbsp;1,857 sqm site around 400 metres from Strathfield Station. The building would yield 160 apartments, 15 per cent of which will be dedicated affordable as per the government mandate for buildings seeking additional uplift.

Approved previously was a nine-storey building back in 2022 with just over 30 apartments. That approval came prior to the project being&nbsp;progressively reconsidered as planning policy shifted toward greater density around transport hubs.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="c5af5281-a643-4eb2-b8c4-0081b59c04c7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.16.48%E2%80%AFAM.png?VersionId=37bd3mI7rHNpThOV_75VO8xsGFwWOi1u" />

Turner has designed the latest building that would replace&nbsp;existing detached homes across the four lots.

The apartment mix comprises 22 one-bedroom apartments, 107 two-bedroom and two-bedroom-plus configurations, and 31 apartments with three or more bedrooms. The scheme also includes 203 car spaces across six basement levels and 58 bicycle spaces.

The proposal has been designed around a three-storey podium addressing Lyons Street, with the tower rising above and stepping toward its upper levels.

Turner said the podium was deliberately scaled to respond to the existing street, while the taller element has been designed as part of the emerging skyline anticipated around Strathfield Town Centre and the wider Homebush transport-oriented development precinct.

The Lyons Street frontage would have a more active, pedestrian-focused character, incorporating the commercial tenancy, landscaping and a brick-framed podium with an awning.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="14b20874-b8c3-4ac7-bc03-92be9a69fb78" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.48%E2%80%AFAM.png?VersionId=av.9TxtqIRTC6v3PkSuu1rL9rreWoe2h" />

Parnell Street, which faces the railway corridor, has been given a different architectural treatment, with double-height breeze blocks, landscaping and communal areas used to soften the interface with the rail infrastructure.

The tower itself uses curved and recessed facade elements, with wave-like indentations across the northern elevation breaking the building into three vertical forms.

A palette of grey concrete, brick and breeze blocks is complemented by clay and terracotta accents, while the upper tower adopts a lighter expression through articulated slab edges, vertical fins and recessed glazing.

Residents would have access to 467 sqm of communal open space spread across three levels. The ground floor would accommodate the more active resident areas, including barbecue and group gathering spaces and an internal communal room capable of being used for working from home.

A more passive viewing deck is proposed at level three, overlooking the ground-level landscaping and neighbouring tennis courts, while a rooftop "sunset deck" at level 30 would provide another social and relaxation space.

<img alt="Parnell" data-entity-type="file" data-entity-uuid="c3dce401-a80f-4682-8471-4caa01180880" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.34%E2%80%AFAM.png?VersionId=Xyo8JVqbOhSJXNy6Ih.1cHL.O6i0bGR." />

&nbsp;

&nbsp;

&nbsp;

Strathfield has been earmarked for substantial change through the Strathfield Town Centre planning work and the nearby Homebush TOD precinct.

Turner's report says the project has been designed to act as a transition between the existing low and mid-rise development surrounding the site and the taller built form expected to emerge across the town centre.

The proposal is being assessed as State Significant Development under the HDA pathway, alongside the concurrent request to amend the Burwood Local Environmental Plan.

First look: New apartment tower pitched for Strathfield Town Centre precinct

An $18 million penthouse has hit the market in Main Beach as construction tops out on La Mer, the $155 million apartment development rising just metres from the beach.

Spanning around 600 sqm across the top two levels of the 29-storey tower on Main Beach Parade, the four-bedroom penthouse is one of the latest eight-figure residences to test the upper end of the Gold Coast apartment market.

Its launch comes amid continued activity at the very top of the market, following the $30 million off-the-plan sale of a Burleigh Heads penthouse earlier this year, which surpassed the Gold Coast's previous $24 million apartment record set in 2023.

The <a href="https://www.apartments.com.au/new-apartments/la-mer-main-beach-3580-main-beach-parade-main-beach-qld-4217">La Mer penthouse</a> has been designed as a private residence in the sky, with 360-degree views spanning the ocean, Broadwater, hinterland and Gold Coast skyline.

[smartcode_project:default project_id=95606 project_image_fid=378731]

All four bedrooms have ensuites, while the ocean-facing master retreat occupies around half of the upper level and includes its own lounge, private balcony, two walk-in wardrobes and an oversized ensuite with a freestanding stone bath positioned to take in the views.

The residence also features a kitchen designed to accommodate a private chef, a 3.6-metre island bench, expansive butler's pantry, wine cellar and integrated bar.

[smartcode_project:default project_id=95606 project_image_fid=378732]

A rooftop pool and substantial outdoor entertaining area with its own kitchen sit above the residence, while a grand staircase connects the two internal levels. The penthouse also has its own express lift.

OTP Group Director James Elliott, who is marketing La Mer, said the penthouse was expected to appeal to high-net-worth buyers seeking either a permanent Main Beach residence or Gold Coast holiday home.

“The La Mer penthouse represents exceptional value, considering its quality design, size, privacy and location, not to mention the 360-degree views capturing the beach and Gold Coast Broadwater,” Elliott said.

“We’re anticipating interest from high-net-worth individuals and couples seeking a residence or holiday home in the sought-after village enclave of Main Beach, taking advantage of the unprecedented growth underway in the area and neighbouring The Spit.”

[smartcode_project:default project_id=95606 project_image_fid=378736]

La Mer is being developed by developer-builder ODUS and Nazero, in partnership with funder Metrics Credit Partners.

ODUS Director Byron Sakha said topping out the tower had provided the opportunity to release the project's most significant residence.

“We’ve worked with internationally-recognised studio Sici Design on the penthouse interiors, with a focus on ensuring it isn’t luxury for luxury’s sake. Every element has been thoughtfully designed to enhance quality of life for those who call it home,” Sakha said.

“The views are the hero of virtually every space, but we’ve given equal attention to the fittings and finishes, so every detail exudes elegance and refinement.”

Sici Design Founder and Director Maria Papadopoulos said the extensive views became an integral part of the interior design rather than simply something the residence was designed around.

“The views weren't something we designed around, they became part of the design itself, with the true luxury of La Mer in its feeling of peace, calm and wellbeing,” Papadopoulos said.

“Luxury isn't defined by how something looks, but how it makes you feel, and we believe a luxurious home should be beautiful to live in, not stressful to maintain.”

The interiors combine Austral Dream Dolomite natural stone and travertine with timber flooring and a restrained coastal palette.

[smartcode_project:default project_id=95606 project_image_fid=378734]

Designed by Plus Studio, La Mer is one of the more boutique additions to the rapidly changing Main Beach apartment market.

The tower comprises just 24 full-floor, three-bedroom plus multipurpose room apartments below the two-level penthouse, giving the project a considerably lower density than many of the larger towers being developed across the Gold Coast.

Residents will have access to a pool and spa, gym, sauna, barbecue facilities, private sun lounges, yoga lawn and outdoor beach shower.

The penthouse has been released as part of the final collection of residences at La Mer, with remaining apartments priced from $4.3 million.

Construction is expected to complete later this year, with a fully furnished display apartment now open on level four.

[smartcode_project_cta:default project_id=95606]

ODUS releases $18 million penthouse crowning La Mer Main Beach

<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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

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Simone Callahan, the former wife of Shane Warne, has sold her Mornington Peninsula home, which was on the market earlier this year with $1.65 million-plus hopes.
A $1.5 million sale was secured for the four-bedroom Arthurs Seat home with a tennis court and swimming pool, and guest quarters.

It was bought by Barbara Fayman, wife of Marvin Fayman, the abattoir company boss who successfully established the Half-Case Warehouse Supermarket chain in Victoria and New South Wales in the 1970s.

Callahan had first put it on the market in March 2010 with a $2 million price tag.

Callahan bought the house in 2008 for $1,225,000 and gave it an upmarket makeover.

The 4,700-square-metre property <a href="https://www.propertyobserver.com.au/victoria/simone-warne-hopes-third-listing-lucky-for-mornington-peninsula-retreat-title-tattle/2012022653550" target="_blank">had been listed</a> through Harcourts Rosebud agent Grant McConnell, who put Clahane to March 2012 auction.

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Simone Callahan sells Arthurs Seat home for $1.5 million

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The Smile Solutions dentist Kia Pajouhesh is seeking more than $7 million for his 1930s Toorak mansion.
It was bought for $6.8 million from Mina Levy in April 2010, and has since undergone more than a cosmetic restoration. The family say it took four months. 
For starters <a target="_blank" href="https://www.james.net.au/rating/779-Orrong-Road-TOORAK">it now comes without its turning circle portico.</a>
Property Observer reported in April that <a target="_blank" href="https://www.propertyobserver.com.au/victoria/smiles-as-dentist-secures-royal-domain-tower-whole-floor-sub-penthouse/2012042354373">Pajouhesh intended to traded up to an $8 million-plus penthouse apartment in the Royal Domain Towers on St Kilda Road.</a>
The four-bedroom, three-bathroom Georgian-style Orrong Road property, near Towers Road, features a pool and tennis court on its 1,765-square-metre holding.
It’s going under the hammer through Kay &amp; Burton's Andrew Baines on August 18.
Smile Solutions is Melbourne’s largest dental practice in one location anywhere in Australia, occupying three floors within the Manchester Unity Building on Collins Street.
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Dentist aims for $7 million-plus after more than cosmetic Toorak renovation: Title Tattle 

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Businessman Russell Small has decided to slice off an 825-square-metre building block from his record-seeking $20 million Brighton residence offering, Kinane.
<img src="/images/stories/2012/07/kinaneblock2.jpg">
The 825-square-metre parcel (pictured above) is listed with $4 million hopes. The Kinane estate will lose its outdoor pool and half its tennis court.
Kinane was listed last August with $20 million hopes.
The agents are billing the 92 Esplanade block of land as having "spectacular bay and beach views situated between two of Brighton's most prestigious homes".
J.P. Dixon and Kay &amp; Burton are still looking for a buyer for 2 Kinane Street (pictured below).
<img src="/images/stories/2012/07/kinane.jpg">
The property can still be bought intact with the block if the right offer is made. Kinane will retain 2,400 square metres, which will include a 25-metre indoor lap pool and supposedly room to relocate the tennis court.
The landmark Max Beck-built residence has been extensively renovated since it last sold for a record $11.2 million in 2006.
It has been listed by businessman Russell Small, who retired in 2010 from the board of the telecom and utilities industry services provider Service Stream, and his partner, Belinda Ding.
After its 1988 completion by the then Becton chief, the locals dubbed it the Brighton Town Hall because of its imposing size and prominent position on almost an entire block of the Esplanade.
The six-bedroom house sits on a 3,200-square-metre block in one of Melbourne's finest beachfront reserve locations, with views over Port Phillip Bay.
The four-level house comes with an internal lift and garaging for nine cars.
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Record-seeking Brighton offering Kinane to lose half its tennis court as 825-square-metre block shaved off for separate sale

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A palace of pleasure bachelor pad in the Foy and Gibson development in Collingwood is up for sale to anyone ready to party.
The two-level Oxford Street pad includes a rooftop deck with a neon-lit eight-person heated spa, a 10-seater entertainment area with views over the city.
The tasteful 350-square-metre conversion has 4.5-metre-high ceilings, the original factory windows, polished timber floors and a one-piece bent-metal designer kitchen with commercial cooktops. A four-metre vault sliding door reveals the bedroom, which comes complete with a stone-finished bathroom and its own spa.
The listing invites potential buyers to party like a rock star and live like a capitalist.
One corner of the main room has been set up as a music space with club-style lighting and a rack of guitars, amplifiers, mixers and oddly some exercise equipment.
Agent Jeremy Fernandez from Peter Markovic Fitzroy says the property will either sell to a bachelor playboy or a creative musician.
The neighbouring property sold for $1,494,000 last year, and Fernandez says pre-campaign he’s received interest from $1.1 million to $1.2 million.
The property belongs to a local musician who composes jingles. He bought the unit eight years ago when it was just a shell. He used to own the iconic bead store on Smith Street.
The complex of former department store factory and warehouse buildings was built in 1895 by notable architect William Pitt.
The buildings were originally responsible for the production and delivery of goods to Australia’s first chain of department stores, Foy and Gibson.
In 1906 it was described as the largest factory complex in the southern hemisphere, employing 2,000 people.
The complex was considered technologically advanced in its day. Foy and Gibson were early adopters of steam and electric power, with the factories using "many thousands of pounds of the cleverest automatic power-driven machinery,” according to heritage documents.
The pad goes to auction on August 28.
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Bachelor pad in Foy and Gibson Collingwood development looking for next owner to party down

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Comedian Des Dowling’s Albert Park residence sold after negotiations following its weekend auction for an undisclosed price. It had been passed in at $1.36 million.
The double-storey Moubray Street terrace house has three bedrooms, two bathrooms and a gourmet kitchen, plus a north-facing landscaped courtyard.
The renovated property, close to the beach, was initially marketed by Marshall White with $1.35 million-plus hopes. Selling agent Kaine Lanyon was advising about $1.4 million. Dowling, who hosts the Melbourne Property TV program on TV4ME at 7.30pm on Tuesdays and Thursdays, spent $505,000 in 1998 on the corner terrace. Another Moubray Street terrace also sold on the weekend, also at an undisclosed price, understood to be around $40,000 less than Dowling's renovated terrace through Greg Hocking Real Estate. 
RP Data has the <a target="_blank" href="/news">Albert Park</a> median sale price at $1.4 million, up 14.6% over the past year.
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Comedian Des Dowling cracks a smile after selling Albert Park home in post-auction negotiations 

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Melbourne businessman Steve Vizard and wife Sarah are having another go at selling their St Kilda mansion, Clendore, sticking with their $8 million-plus hopes.
The three-storey Italianate Victorian terrace, with an infinity pool on the roof, was bought for $3.96 million in 2004 by Vizard's company, Fitzroy Holdings. There is a rooftop Paul Bangay-designed garden above the grand colonnaded building, which sits on a 782-square-metre Fitzroy Street block.
The seven-bedroom, 10-bathroom property with a 15-person Schindler commercial double-door lift that connects all four floors was initially listed last November. It comes with a 12-seat home cinema.
One of the original three adjoining terraces was the home of Sir Graham Berry, the distinguished radical politician, for several years.
The Vizard family sold their Orrong Road, Toorak, mansion for about $17.75 million in 2007 to The Good Guys boss Andrew Muir.
It's been listed through Gross Waddell Melbourne commercial agents Andrew Waddell and Jonathan McCormack, given its potential as offices, hotel/leisure or medical consulting rooms. Jock Langley and Tim Derham of Abercromby’s are the conjunctional agents.
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Melbourne businessman Steve Vizard sticks with $8 million-plus hopes for St Kilda mansion Clendore

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Glenholme, the 1870s grand Victorian Ballarat residence, has been listed with a $2.5 million asking price, most likely a historic house record for the district.
It's been with the Cuthbert family since 1901.
It was first occupied by accountant John Cuthbert, the son of Henry Cuthbert, who’d arrived in Australia in 1854 and lived in Beaufort House.
Hidden behind a white paling fence within a meandering garden, the grand six-bedroom Victorian house is wrapped in wisteria.
There are three reception rooms comprising the salon with white marble fireplace and bay window, the sitting room, which features hand-made copper-plated book shelves and a black marble fireplace, and the stately dining room with open fireplace and gas heating.
Its kitchen has been updated.
Exotic trees, shrubs and old-fashioned flowers create a romantic National Trust-classified garden – which is possibly one of Victoria's finest intact examples of a late Victorian suburban garden, according to the garden historian Peter Watts, who said in 1980 that it was of national significance.
It's been listed through Tony Douglass and Tim Valpied of Hocking Stuart Ballarat.
The suburban villa was built for the merchant John Joseph Goller, a convenient distance from his warehouse in Lydiard Street North. The family had Gollers Wholesale Wine &amp; Spirit Merchants, which was established in 1855.
The radicalterrace website has reported Ballarat’s most expensive home sale is currently on Wendouree Parade, which fetched $2.23 million in 2010. Set back from the road and the banks of Lake Wendouree, the 1888 house had been altered moderately in the 1930s. With four-metre-high ceilings, detailed plaster and paint work, arched doorways and stone fireplaces, the 424-square-metre six bedroom house had been listed with $2.7 million plus hopes in 2009.
The $2.23 million purchase was bought from the Deam family by the Ballarat estate agent and farmer Stewart Gull, who played for South Melbourne and Melbourne in the 1970s, and his wife, Sue.
But Property Observer is aware of a $2.4 million in March this year of the Invermay mansion, Whistlers Run. It was a five-bedroom modern mansion, previously home to local businessman Gavin James.
The Robert Andary-designed house, just five minutes from Ballarat on Pyrenees Vista Close, came with a price tag of $3.5 million. Whistlers Run was marketed as a semi-rural retreat, with a 10-car garage, saltwater swimming pool, six bathrooms, three living areas and floor-to-ceiling windows with views to Ararat and Mt Langi Ghiran. Its tallowwood floorboards are reclaimed from the seats at the Melbourne Cricket Club Members Stand.
Property Observer is also aware of a higher sale on Lake Wendouree when $2,825,000 was paid in late 2007 for a house with 53 square metres of living space, an indoor pool and a tennis court on a large block.
<div>In its April 2012 property valuers Herron Todd White noted that “Ballarat property values soften as the distance from Lake Wendouree, [schools], shops or CBD increases”.</div>
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National garden treasure Glenholme, the 1870s grand Victorian Ballarat residence, listed with $2.5 million asking price

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The former television news presenter-turned-spin doctor Simone Semmens has paid $11 million to buy the historic 1890s Toorak riverfront Edzell and has quickly moved to sell off the waterfront block.
Semmens has listed an 1,800-square-metre vacant block through RT Edgar agent David Colbran with $9 million hopes.
<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/stories/2012/06/edzell4.jpg">
"It's Toorak's most amazing vacant riverfront land," the marketing suggests.
The grand St Georges Road mansion has been set on its elevated 6,045-square-metre four-block holding with city skyline views over Richmond.
The heritage-protected Elizabethan Revival house was sold by architect Michael Spivakovsky, who’d inherited it from his parents. Spivakovsky's father was the acclaimed pianist Jascha.
Dame Nellie Melba performed private concerts within the 30-plus room mansion in its heyday when it was located on 70 acres (28 hectares) with 1917 Walter Butler-designed gardens. It was built for the former lord mayor James Stewart shortly before his year in office.
Click to enlarge
<a href="https://www.propertyobserver.com.au/images/stories/2012/06/edzell3.jpg" title="Click to enlarge" rel="shadowbox"><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/stories/2012/06/edzell3thumb.jpg"></a>
 
The landmark 1891 Reed Smart &amp; Tappin-designed Queen Anne home, with 1895 ballroom extension, was marketed last year with plans for possible subdivision, including a MGS Architecture-designed five-bedroom riverfront abode with copper roof, the <a href="https://radicalterrace.com/" target="_blank">radicalterrace website</a> noted.
Last traded in 1934 in a 25-lot subdivision to the Spivakovsky family, Edzell was converted into two maisonettes in 1935.
Edzell was offered for sale as six internal apartments when marketed last year through Jellis Craig agent Richard James and Jennifer Gillies.
<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/stories/2012/06/edzell5.jpg">
Semmens did much the same thing at Rosecraddock, the Caulfield North mansion with its subdivided housing lots, after paying $7.8 million in 2007.
Glen Eira City Council approved six blocks of about 700 square metres within the curtilage of the 150-year-old Italianate mansion set on its then 8857-square-metre holding.
<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/stories/2012/06/edzell6.jpg">
Semmens, an avid buyer and seller of pricey property, <a href="https://radicalterrace.com/post/21881204281/15-mil-for-caulfield-north-estate" target="_blank">with Rosecraddock listed last year with $15 million hopes</a>, also made headlines in 2004 when she paid $7.5 million for the historic Noorah property in Portsea.
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Former TV presenter Simone Semmens seeks to offload the Yarra riverfront block at her grand $11 million Edzell, Toorak acquisition

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Business owners and entrepreneurs rocked by last night's earthquake in Melbourne could be forgiven if they started panicking about potential damages – but as it turns out they have no reason to fear.
Insurance experts say earthquake coverage is a standard clause in business insurance contracts. Unlike the Brisbane floods, which exposed all sorts of technicalities and left businesses in the dark, APEX Insurance Brokers chief executive Daniel Johnson says earthquake coverage is standard.
"It just tends to cover a higher excess," he says. "But, yes, it's a standard cover for all insurance."
"People tend to think of earthquake damage in terms of a building falling over. But coverage also extends to what we call "prevention of access". Your business may not be affected, but there are lots of effects like business interruption."
Eastern Victoria was rocked with a 5.2-magnitude earthquake last night at around 9pm, with the tremors felt as far as the western suburbs of Melbourne. Some businesses in the Moe area were hit, with pictures on the internet of a supermarket which sustained a fair amount of stock damage.
Apart from that, however, there were no serious incidents or injuries. But after a few years of major natural disasters, businesses could be forgiven for feeling a little edgy.
Insurance cover technicalities exposed during the Brisbane floods meant many businesses missed out on coverage. Some SMEs suffered major losses, including one member of the Smart50 which lost an entire warehouse worth of agricultural product.
But Johnson says earthquakes are a different proposition. If you've taken out some sort of business insurance policy, then you're covered.
"Unlike floods, which are something you have to specifically request cover for, the insurers have done the right thing here and have insurance for everyone. It just carries higher excesses because there's an accumulation risk.
"So businesses are covered... but you should always look at your policy and talk to your advisor if you have any questions."
This article originally appeared on <a target="_blank" href="https://www.smartcompany.com.au/index.php">SmartCompany</a>. 
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Melbourne earthquake triggers business insurance questions

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A barn-house that looks straight out of midwest America has been listed in Garfield, 70 kilometres south-east of Melbourne.
A dream for fans of Americana, the property is even pictured with a classic 1950s jukebox.
Agent Graeme Dimsey from LJ Hooker Cranbourne says the vendor, Robert Seger, is a fan of all things American.
“He did a lot of travelling to America, he’s got a lot of custom-built American cars. He has a lot of nostalgic things he’s collected over the years,” he says.
“He liked what he saw in the midwestern barn and decided to build a house on top of one.
“He built it just because he could. He’s a very cool character.”
The property is billed as being ideal for horse trainers or agistment. Mustangs can run free on the property’s 15-hectare spread. The barn comes with five stables, a 90,000-litre underground tank and bore, numerous loose boxes and timber post and rail fencing.
Upstairs is a four-bedroom residence with timber floorboards, dark-tiled bathroom and a huge kitchen big enough to prepare and cook a Thanksgiving day roast turkey and pumpkin pie.
There is room for a small muscle car collection in the property’s three-car garage, as well as plenty of room for uncovered parking.
Dimsey says a lot of the wood used on the property is reclaimed timber.
“A lot of the timber you see, all the posts and things, a lot of it came from Queenscliff when they ripped down the jetty, all the reclaimed boardwalks and jetties.”
Dimsey expects to sell for around $1.3 million.
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