Lewis Land's latest apartment release within its <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan is targeting one of the Gold Coast's fastest-growing buyer groups, with almost a third of apartments at Solis priced below $1 million.

The seven-storey building at Biggera Waters will comprise 91 apartments, including 24 one-bedroom residences starting from $778,000, a price point Lewis Land says is aimed squarely at first home buyers struggling to enter the Gold Coast market.

<img alt="Harbour Shires" data-entity-type="file" data-entity-uuid="e7486e37-22f6-4c92-b212-9b0622070b8f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.34%E2%80%AFAM.png?VersionId=W8MJwJUCf6HkIyl_EVSksnd.QI6MZryY" />

<a href="https://www.apartments.com.au/developers/lewis-land-group">Lewis Land</a> Head of Development Michael Long said the developer deliberately allocated a significant proportion of the project to more affordable apartment types.

"First home buyers have been priced out of many parts of the Gold Coast, and we saw a clear opportunity to address this and play our part in a longer-term housing solution," Long said.

"That's why 24 of the 91 apartments being delivered at Solis have been designed and priced for the city's next generation of homeowners, quality one-bedroom apartments, half of which include an additional multipurpose room to maximise space and flexibility.

"This approach places 30 per cent of apartments in Solis under $1 million, and with close proximity to Harbour Town's future light rail extension connecting residents to the city's major employment and knowledge hubs, it's a win for buyers looking to secure their first property."

<img alt="Sores" data-entity-type="file" data-entity-uuid="550526d3-73ba-4710-9739-c5f4294a30ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.29%E2%80%AFAM.png?VersionId=cQQdXHt9wS0UXwZEm5Py5bH_3kAmzyhu" />

Designed by BDA Architecture, Solis will deliver a mix of one, two and three-bedroom apartments, with residences ranging up to 232 sqm. Apartments feature generous balconies and contemporary finishes, while residents will have access to Harbour Shores' lagoon pool, clubhouse, tennis court, gym, yoga studio and sauna.

The focus on first home buyers resonated with purchaser Holly Humphreys, who said she and her boyfriend spent more than a year searching for their first property before shifting their attention from houses to apartments.

"We fell in love with the first house we bid on and got our hopes up, but after repeated knockbacks we learned not to get too attached," Humphreys said.

"We offered at the high end of price guides, but sales kept going even higher. That's where we really struggled and we needed to re-evaluate our budget and our expectations. Standalone houses were off the table, and we pivoted to apartments and townhouses."

Humphreys said it was encouraging to see developers recognising the growing demand from first home buyers.

"There's a growing number of young buyers looking to enter the market earlier because they understand that getting in now can make a real difference as prices continue to rise," she said.

"It's fantastic to see a developer recognise this and then actively take measures to deliver an apartment with us in mind."

Solis is the first development planned within the second stage of the Harbour Shores masterplan, with early works expected to commence in September 2026.

[smartcode_project_cta:default project_id=113271]

Joel Robinson

Lewis Land targets first home buyers at latest Harbour Shores release, Solis

Luxury apartment developer Abadeen has recorded $19.25 million in apartment sales across two of its Lower North Shore developments in the lead-up to the end of the financial year, headlined by the sale of a $6.75 million penthouse at <a href="https://www.apartments.com.au/buildings/koyo-crows-nest-5-rodborough-avenue-crows-nest-nsw-2065">KOYO in Crows Nest.</a>

The transactions also included the sale of a newly completed three-bedroom apartment at <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences in Cremorne</a> for $6.35 million, with the residence selling shortly after the project's first public inspections following completion.

The sales come as completed, owner-occupier-focused apartments continue to attract strong demand across Sydney's Lower North Shore, particularly from buyers looking for certainty and immediate occupancy.

The penthouse at KOYO spans 491 sqm across a single level and was designed by architect Koichi Takada. The development is one of Abadeen's flagship boutique projects in Crows Nest.

[smartcode_project:default project_id=108800 project_image_fid=370093]

Abadeen Executive Chairman and Founder Justin Brown said buyer activity lifted noticeably in the lead-up to the end of the financial year.

"We saw a clear increase in enquiry levels, inspection numbers and buyer engagement across our completed projects leading into the end of the financial year," Brown said.

"Buyers have become far more decisive over the past six months. The combination of improving confidence, limited supply and the ability to physically inspect completed residences is creating strong competition for premium apartments in the best locations."

Brown says the&nbsp;response to Park Residences following completion has been particularly strong.

"Buyers want certainty and are responding positively to the opportunity to walk through a finished product, inspect the quality firsthand and move in immediately," Brown suggested.

"Projects such as Park Residences and KOYO demonstrate that when the product is exceptional and the location is irreplaceable, buyers are prepared to act quickly."

[smartcode_project:default project_id=114246 project_image_fid=370116]

Abadeen CEO Joe Tack said quality continued to differentiate projects in the current market.

"Today's buyers are incredibly discerning," Tack said.

"They are seeking larger floorplans, premium finishes, walkability, lifestyle amenity and confidence in the developer delivering the project. Well-designed boutique developments continue to outperform because they offer something genuinely difficult to replace.

"The enquiry we are seeing across our completed and recently completed Lower North Shore portfolio is very encouraging, and we expect this momentum to continue into spring."

The sales follow increased enquiry across Abadeen's Lower North Shore portfolio which also includes <a href="https://www.apartments.com.au/buildings/northcote-collective-naremburn-2-northcote-street-naremburn-nsw-2065">Northcote Collective in Naremburn</a> which also completed recently.

KOYO penthouse headlines Abadeen's $19.25 million EOFY sales flurry

The City of Sydney has approved plans for <a href="https://www.apartments.com.au/developers/billbergia">Billbergia Group</a> and Metrics Credit Partners’ $3.5 billion Castlereagh Place project in the heart of the Sydney CBD

The towers will be among the tallest in <a href="https://www.apartments.com.au/developments/sydney-nsw-2000">Sydney</a>'s CBD, with more floors than any other residential tower in the city.&nbsp;

The 6,000 sqm site was acquired by the joint venture partners in 2024. It is the largest amalgamated land parcel in the Sydney CBD and comprises eight individual sites fronting Castlereagh, Pitt and Liverpool Streets.&nbsp;

<a href="https://www.apartments.com.au/new-apartments/castlereagh-place-sydney-324-348-pitt-street-sydney-nsw-2000">Castlereagh Place</a> will transform an underutilised city block into a landmark mixed-use destination, anchored by two 82-storey towers comprising 607 luxury residences above an 8-level podium housing a 209-room luxury hotel. A 1,000 square metre civic park on ground level features a curated mix of food, beverage and retail.

The plans have been refined over the past year to rebalance the residential and hotel offering, and reconfigure the retail footprint to create a stronger, more dynamic dining experience.

A three-level flagship building on the prominent corner of Pitt and Liverpool Streets will be the gateway to the Castlereagh Place lifestyle precinct. Set to become a Sydney icon, the building is capable of housing multiple hospitality venues.

“Castlereagh Place is designed to be the City's next great urban oasis - an energetic mixed-use precinct that pulses with life, day and night,"&nbsp;said Joseph Kinsella, Group Director of Billbergia.

"It will bring the vibrancy of places like Barangaroo and Darling Quarter into a more accessible, central destination at the very heart of Sydney."

Kinsella said the project will build on&nbsp;Sydney’s growing laneway culture with the City’s largest network of new activated lanes - an expanded, next-generation take on precincts like Angel Place, Palings Lane and Ash Street in Wynyard.

[smartcode_project:default project_id=134477 project_image_fid=374401]

Castlereagh Place has been designed by architects <a href="https://www.apartments.com.au/architects/fjc-studio">fjcstudio</a> in collaboration with Trias Studio, Aileen Sage and Polly Harbison Design, joint winners of an international design competition in 2018.&nbsp;

Signature design elements from the original scheme remain unchanged, while the public domain has been significantly enhanced, delivering 60 per cent more open-to-sky space.

Pedestrian access will also be enhanced through new laneways linking Pitt, Liverpool and Castlereagh Streets, drawing people into a new civic park with outdoor seating, landscaping and integrated public art.

With activated laneways supported by strong hospitality offerings, Castlereagh Place is tipped to become a vibrant new dining destination in the heart of Sydney’s CBD.

It marks the largest undertaking to date for the Billbergia and Metrics Credit Partners partnership. Together they are developing other underutilised Sydney sites into mixed-use precincts, including the $2.2 billion Concord Central and the $1.3 billion Chatswood Grand Residences.

Metrics Managing Partner and Group CEO Andrew Lockhart said Castlereagh Place is a landmark project that will redefine Sydney’s skyline.

"As the tallest residential high-rise development, the revitalised site will offer panoramic views across the CBD and surrounds. We are excited to partner with Billbergia to reinvigorate an underutilised site and create a sophisticated and contemporary mixed-use offering situated in the heart of Sydney.”

Total apartments within the towers have increased to 607 dwellings, with a focus on larger floorplans. Aligned to growing market demand, Castlereagh Place now comprises 299 three-plus-bedroom apartments, 198 two-bedroom units and 110 one-bedroom configurations.

[smartcode_project:default project_id=134477 project_image_fid=374402]

Resident amenities will include an exclusive residents club containing a gym, rooftop pool, dining rooms, co-working spaces, library, golf simulator, games room, cinema room, and access to an exclusive concierge service. There will be around 500 basement car spaces below the towers.

The development will also include a state-of-the-art wellness centre, set to feature a bathhouse with magnesium pools, hot/cold plunge pools and premium amenities.

&nbsp;

According to fjcstudio, the towers will feature distinctive yet elegant architectural design reflecting Sydney’s geometry and urban character, with a network of through-site links and intimate public spaces activating the streetscape.

"Castlereagh Place is a city-making project of significant scale and ambition," said Richard Francis-Jones, Design Director at fjcstudio.

"It will create a rich urban complex of public open spaces, landscaped gardens, and vibrant laneways. Defining these new public spaces and the important streetscape of Castlereagh Street is a sequence of fine-grained, diverse retail and hotel architecture designed in collaboration with Aileen Sage, Polly Harbison Design and Trias.

“Rising above the tree-lined, human-scale streetscape are two slender residential towers that will transform the city skyline and look towards the Harbour, Hyde Park, and the Royal Botanic Garden.”

Demolition and early construction works have commenced onsite at Castlereagh Place.

[smartcode_project_cta:default project_id=134477]

Billbergia, Metrics, approved for $3.5 billion Sydney skyscrapers

International developer&nbsp;<a href="https://www.apartments.com.au/developers/spg-land">SPG Land</a> is preparing to re-launch its long-awaited $1.5 billion <a href="https://www.apartments.com.au/new-apartments/paradiso-place-surfers-paradise-103-ferny-avenue-surfers-paradise-qld-4217">Paradiso Place</a> development at Budds Beach, bringing a new price point to the Surfers Paradise apartment market.

The developer will release one-bedroom apartments from $825,000 and two-bedroom apartments from $1.24 million in the three-tower development.

According to Urbis, the starting price for the two-bedroom apartments is more than $400,000 below the weighted average sale price for comparable two-bedroom apartments in Surfers Paradise during 2025, which was pinned at $1.7 million.

&nbsp;

Urbis reported quarterly average sale prices for new two-bedroom, two-bathroom apartments ranged from around $1.2 million to $1.7 million throughout 2025, peaking in the December quarter.

[smartcode_project:default project_id=106566 project_image_fid=185853]

Paradiso Place is now moving into its formal sales campaign, with a limited early-release opportunity available ahead of the public launch.

The development will comprise 845 apartments across three towers rising 40, 41 and 44 storeys from a 1.15-hectare site spanning an entire city block. The towers will sit above a new retail precinct.

"Paradiso Place represents a rare opportunity in today's market, offering premium apartments at a price point that is significantly more competitive than anything else currently available," SPG Land Sales Director Brad McMahon said.

"When you look at comparable new developments across Surfers Paradise, Main Beach and the Southern Beaches precinct, buyers are typically paying hundreds of thousands more for a similar product.

"The scale of this project and the developer-builder construction model allows us to unlock efficiencies that smaller developments simply cannot achieve. We are passing those benefits directly to buyers, while still delivering a five-star residential experience with an unmatched lifestyle."

[smartcode_project:default project_id=106566 project_image_fid=374280]

Each of the three towers designed by Rothelowman will have its own podium, connected by an elevated skybridge network to create a beachside village for residents. The resident amenity has been designed to rival a five-star hotel, with private dining rooms, resident lounges and entertainment spaces.

McMahon said the pricing strategy was a deliberate response to the current market.

"What Paradiso Place offers is a unique balance, genuine value within a premium market. Buyers are not compromising on quality, design or amenity, they are gaining access to it at a more competitive price point at a time when prices across the Gold Coast continue to reach new highs."

[smartcode_project:default project_id=106566 project_image_fid=362498]

Located around 100 metres from the beach and within walking distance of the Surfers Paradise North light rail station, Paradiso Place occupies one of the Gold Coast's most tightly held beachfront precincts.

Construction is continuing to progress, with eight of the project's 112 foundation piles now complete. Excavation has also commenced on the first diaphragm wall panel, with the first concrete poured on 15 June, marking a key milestone in the project's early works program.

[smartcode_project_cta:default project_id=106566]

SPG Land launches $1.5 billion Paradiso Place at attractive price point

Luxury developer-builder <a href="https://www.apartments.com.au/developers/lowe-living">Lowe Living</a> has achieved a new Victorian benchmark for an off-the-plan apartment, with the sale of two penthouses at its ultra-exclusive Maison Savoy development in Brighton.

The two penthouses achieved a combined sale rate of $49,926 per sqm. Both transactions eclipsed the previous identified Victorian off-the-plan price-per-square-metre benchmark, set by the 449 sqm apartment at Como Toorak, which sold at $46,659 per sqm.

[smartcode_project:default project_id=140818 project_image_fid=366473]

<a href="https://www.apartments.com.au/new-apartments/maison-savoy-brighton-150-esplanade-brighton-vic-3186">Maison Savoy</a>, Lowe Living's redevelopment of the former Brighton Savoy Hotel on absolute beachfront land at 150 The Esplanade, Brighton, has gained significant momentum since launching just eight weeks ago. Around 30 per cent of the project's 19 residences have already been secured, generating approximately $45 million in sales.

"Securing two of the three penthouse sales at this stage, within eight weeks of launching to market speaks to the confidence our clients place in Lowe Living," Lowe Living co-founder Emma Lowe said.

"They know we'll be with them through every stage of the journey, and that assurance is something we've worked hard to earn and never take for granted."

[smartcode_project:default project_id=140818 project_image_fid=366474]

Lowe said Maison Savoy was conceived as a genuine alternative to a prestige Brighton home, combining house-scale proportions with the convenience, security and lock-up-and-leave appeal of apartment living.

Lowe Living co-founder Tim Lowe said the early sales success demonstrated the resilience of Melbourne's prestige market and highlighted the growing demand for house-sized apartments among ultra-high-net-worth buyers.

"The Melbourne market has definitely been tested in recent years, with interest rates and global economic factors all creating a period of uncertainty across the real estate sector. The sales success at Maison Savoy however demonstrates that confidence remains exceptionally strong at the top end of the market.

"The prestige market is being driven by long-term lifestyle decisions rather than short-term market sentiment, which continues to create a level of certainty that befits an absolute beachfront property in a blue-chip location like Brighton.

"Brighton's fundamentals remain among the strongest in Melbourne, with limited new supply, enduring demand from an overwhelmingly local owner-occupier market, and a rare combination of beachfront amenity and proximity to the CBD."

[smartcode_project:default project_id=140818 project_image_fid=374378]

According to Cotality, Brighton remains one of Melbourne's most tightly held prestige suburbs, with an average ownership tenure of 15.3 years for houses and 12.3 years for units, while more than 73 per cent of homes are owner-occupied.

Tim Lowe said selling two of the project's three penthouses so early in the campaign was an uncommon result.

"This sales result is a reflection of quality and understanding the local market. It's incredibly rare to transact the penthouses so early in a sales campaign in any project so to have sold two of the three penthouses at Maison Savoy so soon after launch, all in-house without any external sales agency appointed, is reflective of our careful consideration of our buyers' needs and lifestyle.

"This is knowledge that is accumulated not just from data and demographic analysis, but via a deeply embedded understanding of how this type of buyer wants to live and feel in their home. We pride ourselves on getting to know our clients personally, and over the last 10 years we have been able to refine our product offering by talking one-on-one with our clients about their design and floorplan preferences.

"Being a fully integrated developer-builder with an in-house design and sales team allows us to lead every part of the process and ensure the highest quality of product and service at every touchpoint. It's a really important part of our DNA and the recent sales success at Maison Savoy indicates that our clients and purchasers are resonating with this point of difference.

"It reinforces that demand remains strong for thoughtfully designed residences that offer rarity, lifestyle and long-term value in tightly held locations, which ultimately validates Maison Savoy's positioning as creating a new benchmark for house-scale, wellness-led apartment living on Brighton's beachfront."

&nbsp;

[smartcode_project:default project_id=140818 project_image_fid=366480]

The residences at Maison Savoy start from 295 sqm, with most enjoying uninterrupted views across Port Phillip Bay. The project sits moments from the Brighton Bathing Boxes, Royal Brighton Yacht Club, Middle Brighton Baths and Church Street's retail and dining precinct.

A key feature of the development is its private residents-only bathhouse, curated by the founder of Aurora Spa &amp; Bathhouse and modelled on traditional European bathing rituals and the award-winning Sorrento bathhouse.

The wellness offering includes a hydrotherapy pool, salt room, sauna, steam room, cold plunge pool, foot activation zone and a Vichy rainfall bed, one of only a handful in Australia. Residents will also have access to a Technogym studio, lounge spaces and a dedicated concierge service offering everything from morning coffee delivery and restaurant bookings to dry cleaning and home coordination.

"Wellness-led design has become a defining factor for luxury buyers," Emma Lowe said.

"Purchasers increasingly value homes that enhance wellbeing through thoughtful design, private amenity, privacy and liveability."

The penthouse purchasers are now undertaking a bespoke customisation process curated personally by architect Pete Kennon and the Lowe Living team, one of the developer's signature service offerings.

Construction on the $160 million transformation of the former Brighton Savoy Hotel site commenced last month, with completion expected in early 2028. The project has secured funding from NAB alongside development partner Monark.

Just one penthouse remains available, along with a limited number of two and three-bedroom residences starting from $3.75 million.

Lowe Living currently has eight projects on the market across Melbourne and recently celebrated its 10th anniversary, having grown a $1 billion development pipeline alongside a $350 million construction pipeline.

&nbsp;

[smartcode_project_cta:default project_id=140818]

Lowe Living set new Melbourne off the plan apartment record

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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<img src="/images/stories/omrmelb1.gif">
<img src="/images/stories/omrmelb2.gif">
Click to enlarge
<a href="/images/stories/omrmelb3.gif" rel="shadowbox" title="Click to enlarge"><img src="/images/stories/omrmelb3thumb.gif"></a>
Source: Property Council of Australia
 
 
 
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Melbourne commercial office market outlook 1990-2015: PCA

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The regional Victorian town of Warrnambool is one of only three locations to receive multiple votes in Smart Property Investment magazine’s 2012 list of 50 suburbs or towns with the most capital growth potential.
Out of the three towns that received multiple votes – the others being perennial hotspot list favourite Gladstone and nearby Rockhampton City, both in north Queensland – Warnambool is the only one not reliant on the resources boom for its high rating.
Multiple vote towns in the SPI Fast 50
<table style="width: 470px;" border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td width="102" valign="top">
Suburb
</td>
<td width="94" valign="top">
Number of expert picks
</td>
<td width="90" valign="top">
Distance from nearest major city
</td>
<td width="102" valign="top">
Population
</td>
<td width="82" valign="top">
Median house price
</td>
<td width="83" valign="top">
Median unit price
</td>
<td width="64" valign="top">
Gross yields
</td>
</tr>
<tr>
<td width="102" valign="top">
Gladstone, Qld
</td>
<td width="94" valign="top">
3
</td>
<td width="90" valign="top">
550 kms to Brisbane
</td>
<td width="102" valign="top">
29,000
</td>
<td width="82" valign="top">
$437,000
</td>
<td width="83" valign="top">
$350,000
</td>
<td width="64" valign="top">
5%/7%
</td>
</tr>
<tr>
<td width="102" valign="top">
Rockhampton City, Qld
</td>
<td width="94" valign="top">
2
</td>
<td width="90" valign="top">
600 kms to Brisbane
</td>
<td width="102" valign="top">
76,000
</td>
<td width="82" valign="top">
$217,000
</td>
<td width="83" valign="top">
$447,500
</td>
<td width="64" valign="top">
6%/5%
</td>
</tr>
<tr>
<td width="102" valign="top">
Warrnambool, Vic
</td>
<td width="94" valign="top">
2
</td>
<td width="90" valign="top">
265 kms from Melbourne
</td>
<td width="102" valign="top">
33,000
</td>
<td width="82" valign="top">
$316,000
</td>
<td width="83" valign="top">
$255,000
</td>
<td width="64" valign="top">
6%/5%
</td>
</tr>
</tbody></table>
Source: SPI Fast 50
Situated on the Princes Highway, about 265 kilometres from Melbourne and near the western end of the Great Ocean Road, <a target="_blank" href="/news">Warrnambool </a>is one of only four Victorian locations to be included on this year’s list.
The town, which dates back to the gold rush in the 1840s, has strong ties to agriculture and the dairy industry, as well as tourism and construction. It has been picked by hotspotting.com.au director Terry Ryder and Todd Hunter, a former Aussie mortgage broker and director of research firm Wheregroup.
It has a median price of $316,000 for houses with gross rental yields of 6% and a $255,000 median price for units with gross rental yields of 5% – both well above the state median (according to Rismark-RP Data) of 3.7% for houses and 4.3% for units.
Ryder describes Warrnambool as “the leading centre of Victoria’s south west” and says it is “growing so fast that the local council has had to rezone hundreds of hectares of farming land for new industrial and residential estates”.
According to Ryder, Warrnambool’s strengths are “tourism, construction, education and medical services”.
“Retail is rapidly expanding and there is a plethora of new power generation facilities, including gas-fired power stations and major wind farms,” he says.
The town has a resident population of just under 34,000 but attracts more than 700,000 visitors each year who come to lie on its beaches in summer and to view southern right whales in the winter months.
Rockhampton, where the median house prices is still a very affordable $217,000 (units are far more expensive at $447,500), was selected by author and founder of Destiny Financial Solutions Margaret Lomas and Luke Berry from hotspot research firm NextHotSpot.
Lomas calls <a target="_blank" href="/news">Rockhampton City </a>a place to “buy now and wait for three to five years for some action” and highlights the current affordability of houses and yields of up to 7.5%.
“I see this area benefiting from the flow-on effect of Gladstone without the high risk that mining areas traditionally bring,” she says.
Berry notes that although the scale of investment in Rockhampton is smaller than in <a target="_blank" href="/news">Gladstone</a>, it is still significant, with the town containing several cheap areas such as <a target="_blank" href="/news">Berserker </a>(a median house price of around $240,000) that are “set to boom”.
Gladstone, which has appeared on just about every hotspot list in the past 12 months, is the only location to be selected by three of the seven experts on the SPI panel, picked by SQM research director Louis Christopher, Terry Ryder and Helen Collier-Kogtevs, managing director of property investment group Real Wealth Australia.
The town, which is at the epicentre of $75 billion worth of energy, rail and port projects, is expected to undergo significant growth over the next five years, according to Collier-Kogtevs.
“It is strategically important to the national economy, has average historical performance and great projected performance, low vacancy rates, higher per capita income levels and a shortage of and high demand for housing,” she says.
Overall NSW has the highest number of growth hotspots in the top 50 with 18, followed by Queensland with 11, Western Australia with 10 and South Australia with six.
Reflecting the declining fortunes of their respective markets, Victoria has just four suburbs in the top 50 and the ACT just one – the capital Canberra.
Other areas to shine in the survey include western Sydney, which received a high level of recommendations for suburbs including <a target="_blank" href="/news">Blacktown</a>, <a target="_blank" href="/news">Goulburn</a>, <a target="_blank" href="/news">Liverpool</a>, <a target="_blank" href="/news">Seven Hills </a>and <a target="_blank" href="/news">Penrith</a>.
The City of <a target="_blank" href="/news">Onkaparinga</a>, south of the Adelaide CBD, comprised three out of the six predicted hotspots for South Australia with <a target="_blank" href="/news">Hackham</a>, <a target="_blank" href="/news">Aldinga Beach </a>and <a target="_blank" href="/news">Seaford </a>all selected.
Suburbs were picked based on population growth, demand for housing, income levels, employment, vacancy rates, previous capital growth and current gross rental yields.
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Warrnambool emerges, but Queensland's Gladstone still darling of top 50 investment list

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Collins Street, Melbourne certainly  had impressive Christmas decorations, as the photo package by Alistair Walsh shows. 333 Collins Street did the CBD proud. We're not not sure about the Town Hall gift wrapping, though.
<img src="/images/stories/christmas5.jpg">
101 Collins Street
<img src="/images/stories/christmas2.jpg">
45 Collins Street
<img src="/images/stories/christmas3.jpg">
Melbourne Town Hall
<img src="/images/stories/christmas4.jpg">
333 Collins Street
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Melbourne's Collins Street dons decorations for Christmas cheer

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<img src="/images/stories/boulevard3.jpg">
Homes from Ivanhoe in Melbourne are regularly featured internationally given their Christmas decorations.
<img src="/images/stories/boulevard4.jpg">
The blightly lit Ivanhoe houses centre around <a target="_blank" href="https://www.youtube.com/watch?v=uGCbyIkO3GI">The Boulevard</a>. It's reportedly a tradition that dates back six decades, with locals Bill King and George Whitelaw reportedly beginning the elaborate light displays in the 1950s.
<img src="/images/stories/boulevard5.jpg">
An estimated 100,000 visitors come to see the decorations every year. 
<img src="/images/stories/boulevard6.jpg">
Photos by Kelvin Cheong
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jchancellor-FAypfDUnLy

Ivanhoe's The Boulevard renowned for Christmas lights

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It’s been a busy year or so for Brighton’s bathing boxes, with the past 10 sales netting about $2 million. Set on one of the most photographed locales in Australia, Bayside Council sold four for a $900,000 total, while six others have been sold at about $200,000 each.
Last month three of the 85 colourful icons changed hands to other Brighton ratepayers.
There are three now up for sale and the council will auction another two newly built infill boxes in early 2012.
<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/box26.jpg">
Box 26 (pictured above) currently has a $210,000 asking price through J P Dixon Real Estate.
<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/box16.jpg">
Box 16 (pictured above) is for sale at $180,000-plus through Hodges.
<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/box72.jpg">
Box 72 (pictured above) is listed without an asking price through Hodges.
Brighton Bathing Box Association treasurer Bill Meares told The Bayside Leader newspaper he's never known such a spurt. “It is fair to say the infill boxes the council have sold have created extra interest,” Meares suggests.
“Normally bathing box sales mirror the property market, but not this year, they have created their own market and demand.”
Nick Johnstone Real Estate has sold three boxes over the past two months, including box 71 and 73, which were listed through estate agent Chris Carrington.
Estate agent Nick Johnstone says they were very much "a social asset".
“People are seeing them as an alternative to a holiday home,” Johnstone says.
“They are a good family [asset]; everyone knows each other and they hold barbecues and social occasions, and this starts a chain reaction of people wanting one.”
The current average market value of a bathing box has been about $200,000.
Box 40 was been snapped up before its scheduled August auction for $210,000. It had last sold at $170,000 two years ago. It sold through Katie Reid at Nick Johnstone Real Estate.
Bathing boxes existed in Brighton as far back as 1862. The record price for a newly built bathing box was set in June at $260,000.
 
 
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Brighton bathing box market buoyant

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{yoogallery src=[images/stories/devember2bangay]}
Acclaimed landscape designer Paul Bangay is selling his city pad, and hopefully throwing in an orchid or two.
It’s a Castle Towers, South Yarra penthouse set above the residential precinct between Fawkner Park and the Royal Botanical Gardens. The two-bedroom, two-bathroom apartment comes with an impressive open plan living/dining area with feature marble gas fire place and dramatic city views.
Although it’s within the complex designed by prominent architect Arthur Plaisted in the 1940s, it’s all very modern There's a fully equipped gourmet kitchen with modern European appliances and hand-selected stone benchtops. Both bedrooms have built-in wardrobes, and the master comes with ensuite.
Offers are due December 13 with Castran Gilbert South Yarra agent Lachlan Castran.
Bangay now splits his time between Melbourne and Sydney, given his impressive client list. He also maintains a Stonefields at Denver off the Daylesford-Malmsbury Road, which is regarded as one of Australia's most beautiful country gardens. Every year he opens his garden to the public to raise money for the Stephanie Alexander Kitchen Garden Foundation, and last month the visitors were parked kilometres away in order to get a glimpse.
Marne Street's last sale was last weekend <a target="_blank" href="https://www.propertyobserver.com.au/auctions/weekend-auction-tipping-result/2011112752553">when an older-style apartment in the 1934 block Moore Abbey fetched $1.9 million</a>. The unit that had not been sold in 30 years and attracted five bidders, mainly retirees looking to downsize in a blue-chip location.
Although the bidding stopped at $1.825 million, the vendors dug their heels in and waited for an offer from the highest bidder that matched the last comparable sale in the block of $1.9 million. The first-floor apartment with three bedrooms plus study comprises of 21.5 squares in the tightly held Robert Hamilton-designed building.
The Bangay apartment has had a clever renovation that maximizes the already generous proportions that were the norm during the Art Deco era.
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Landscape designer Paul Bangay selling South Yarra penthouse

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{yoogallery src=[images/stories/december1lofty]}
<a href="https://www.realestate.com.au/property-house-vic-camberwell-108821016" target="_blank">13 Lofty Avenue, Camberwell, VIC, 3124</a>
A sensibly renovated period home that packs in a good amount of accommodation and would suit a modern family well.
Main pluses here are the northern rear aspect, floor plan (it is a very flexible one) and the general room arrangement/separation.
Some may have reservations about the facade and the smallish land size, given the overall offering. That all said, this will tick the boxes and for many people  the seamless transition from rear open-plan area to the rear deck is very good and the key selling point.
Position is quite good – close to local schools, Middle Camberwell shops, a myriad local parks and public transport.
Adam Woledge is a registered architect and principal buyer advocate at <a href="https://www.james.net.au/rating/13-Lofty-Avenue-CAMBERWELL" target="_blank">James Buyer Advocates</a>.
Jellis Craig agent Peter Vigano is marketing the property with price hopes of $1.7 million. James Buyer Advocates has rated the property 733 out of 1,000, which is in the above-average category. It will go to auction on December 3 at 3pm. 
 
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Sensibly renovated period home in Camberwell

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{yoogallery src=[images/stories/november17curtin]}
The former home of one of Australia's greatest prime ministers, John Curtin, sold for $710,000 at weekend auction.
<img src="/images/stories/curtinauction.jpg">
The 1906 Brunswick weatherboard came with $600,000-plus pre-auction estimates. Bidding commenced on a $600,000 vendor bid and then another at $610,000 at the auction (pictured above). The opening bidder at $620,000 secured the property, beating off three other potential buyers.
“I think I’d better grab my nervous wife from the car,” the buyer said before being ushered inside to sign the paperwork by W.B. Simpson &amp; Son's Syd Sherrin and Tim Maher.
Curtin lived in the double-fronted Fallon Street from 1912 to 1915, when in his late 20s he was the secretary of the Victorian Timber Workers Union and an organiser for the Australian Workers Union.
He stood unsuccessfully for his first parliamentary election, a state seat, in 1914.
It was the Fallon Street home Curtin returned to after spending a few days in jail in 1914 for protesting against conscription during World War I.
He was elected to Federal Parliament in 1928, became prime minister in 1941 and steered the country through the World War II years until his death in 1945 of a heart attack shortly before peace was declared.
The unrenovated house – which has heritage demolition restrictions – <a href="https://www.propertyobserver.com.au/victoria/john-curtin-s-melbourne-home-on-the-market-for-first-time-since-1921/2011111652397" target="_blank">has been owned by the McAnally family since 1921</a>, so many of its original period features remain.
It sits on a 463-square-metre block and is of aesthetic significance given the timber ashlar villa comes with fine detailing including the central pediment to the veranda, intact cast iron lacework and paired elongated double-hung sash windows.
It has a hipped painted corrugated iron roof return and a bullnose veranda.
It has red brick chimneys with rendered caps and plinths and paired brackets under the eave line.
The veranda has turned timber veranda posts.
It was a six-room house during Curtin’s rental.
The Creswick-born politician subsequently moved to Brunswick Road and in 1917 left Victoria for a new home with his wife, Elsie, in Western Australia.
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John Curtin's former Melbourne home sells for $710,000

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{yoogallery src=[images/stories/november28fitzpatrick]}
AFL chairman Mike Fitzpatrick has sold his home in Kew's prestigious Sackville Ward precinct, with the footy player-turned-businessman and his wife Helen Sykes off to South Yarra.
After the opening $2.8 million vendor bid, there was just the one bid of $2,825,000 at its weekend auction through Marshall White agent James Tostevin.
But it sold soon after at an undisclosed price. There had been $3 million plus hopes.
The former Blue, who captained Carlton to premiership victories in 1981 and 1982, <a target="_blank" href="https://www.propertyobserver.com.au/victoria/afl-chairman-mike-fitzpatrick-spends-close-to-%249-million-in-south-yarra/2011062750616">spent about $9 million on a South Yarra house earlier this year</a>.
Fitzpatrick's two-storey, 1920s Kew house came with five bedrooms, three bathrooms, formal sitting and dining rooms, a study, a separate lounge and a family room that opens to a large deck on its 1,179-square-metre block.
Joshua Bong from James Buyer Advocates suggested it was a quiet auction.
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AFL boss Mike Fitzpatrick sells in Kew

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<div style="text-align: left;">
{yoogallery src=[images/stories/november24mcgregor]}
<a href="https://www.realestate.com.au/property-house-vic-middle+park-108524111" target="_blank">20 McGregor Road, Middle Park, VIC, 3206</a>
This early Edwardian brick property has undergone one of the most extensive renovations seen in the area.
The property will appeal to buyers looking for that genuine wow factor, as every element of the home has cutting-edge detail. For a period home the property has good light penetration through large floor-to-ceiling windows on the northeast side of the property.
The floor plan is a flexible one with most rooms in the right position. If you were a family with very young children looking to purchase this property a concern may be the master bedrooms separation from the other bedrooms. On the other hand this may be a bonus if your children were teenagers and you actually wanted some zoning capabilities.
The studio on top of the garage gives flexibility, as it could be used as a teenager retreat/bedroom, home office or studio. This property may also appeal to downsizers who like to entertain and need extra accommodation, yet want the flexibility to leave the property for extensive periods of time.
The outside courtyard links well with the kitchen and family room, however it would benefit from some garden/tubs to soften its sharp edges.
The property is well position to access the many attractions the area is well known for, such as Victoria Avenue, South Melbourne market, Albert Park Lake and the beach.
James Buyer Advocates rates this property 806 out of 1,000, which puts it in the category of "exceptional home". The agent declined to give a price quote, but it is in the James category of $1 million to $3 million. It will go to auction on Saturday, November 26 at 2.30pm. 
It is being marketed by Kaine Lanyon of Marshall White Armadale.
</div>
<div style="text-align: left;">Guy Angwin is a buyers' advocate at <a target="_blank" href="https://www.jamesbuyeradvocates.com.au/">James Buyer Advocates</a>, which posts home ratings, market analysis and buyer advice on its website.</div>
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