Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

Joel Robinson

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
</section>
</section>

[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Local Little Bay residents, along with buyers from premium postcodes across Sydney’s affluent Eastern Suburbs, have dominated purchases in developer-builder Urban Property Group’s first Eastern Suburbs apartment development, <a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a>.

The $250 million coastal project, one of the first new developments in the area in several years, has proven particularly popular with downsizers, especially those from Coogee and Bondi. One Double Bay downsizer paid $4.7 million for a four-bedroom penthouse, setting a new local apartment price record in the process.

Buyers have been attracted to the combination of coastal tranquillity, premium design and amenity-rich neighbourhood living. The walkable village setting, along with proximity to three of Sydney’s leading golf courses, New South Wales Golf Club, St Michael’s Golf Club and The Coast Golf Club, has also been a key drawcard.

[smartcode_project:default project_id=112343 project_image_fid=352689]

Built across two low-rise buildings designed by <a href="https://www.apartments.com.au/architects/hill-thalis-architecture-urban-projects-pty-ltd">Hill Thalis</a> and set along a lush, landscaped green spine, designed by leading landscape architect <a href="https://www.apartments.com.au/landscape-architect/arcadia-landscape-architecture">Arcadia</a>, ESTE Little Bay offers a collection of one, two, three and four-bedroom residences with interiors by Richards Stanisich.

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> Sales Director, Tom McIvor said the response to ESTE has been "nothing short of extraordinary."

“Buyers have been quick to recognise ESTE as a rare opportunity to invest in a coastal sanctuary that offers both seclusion and connectivity to the heart of Sydney,” McIvor said.

[smartcode_project:default project_id=112343 project_image_fid=352687]

<a href="https://www.apartments.com.au/project-marketer/srm-residential">SRM Residential</a> Senior Director, <a href="https://www.apartments.com.au/project-marketer/srm-residential">Clayton Ross</a> said the local market has responded incredibly well, driven by ESTE’s exceptional location and the rarity it offers.

“We’ve seen strong interest from a variety of buyer groups, all of whom are drawn to the exclusivity and quality of the build and construction by the 4.5-star iCIRT-rated builder / developer, Urban Property Group. There’s truly nothing else like it along Sydney’s coastline.”

[smartcode_project:default project_id=112343 project_image_fid=352690]

The project also includes robust buyer protections, including Resilience Insurance’s Latent Defects Insurance, providing 10 years of structural cover, and an independent iCIRT-rating of the developer.

“The iCIRT-rating adds another layer of confidence,” Ross added. “Buyers see it as a safeguard for their investment and their lifestyle.” A highlight of ESTE’s offering is its exclusive wellness amenities, including a heated rooftop infinity pool and outdoor heated spa, a state-of-the-art Technogym fitness centre, and a sauna.

<a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a> is topped out and is on track to complete towards the end of 2026, with residents moving in before Christmas.

[smartcode_project_cta:default project_id=112343]

Eastern Suburbs buyers snap up ESTE Little Bay apartments

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?

Boutique Perth developer ADC has unveiled its latest project.

The developer, which focuses on bringing apartments to some of Perth's most premium inner-city and riverside suburbs, has launched <a href="https://www.apartments.com.au/new-apartments/mos-lane-mosman-park-46-manning-street-mosman-park-wa-6012">Mos Lane</a>, 68 luxury apartments and townhouses in the heart of <a href="https://www.apartments.com.au/developments/mosman-park-wa-6012">Mosman Park</a>.

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Alongside the one-, two-, three- and four-bedroom apartments, the development will also include five two-level townhomes and two luxe penthouses. ADC is also introducing a significant retail offering for residents through Mos Lane Village, which will feature a wellness studio, fish and chips shop, barber, and florist, adding a layer of amenity not typically found in the predominantly residential Mosman Park area.

Construction has already commenced on the project, which sits just a short walk from the Swan River, Mosman Park Bowls Club, and Mosman Park Golf Course.

House Agency Directors Tom House and Lachlan McDonald say they are fielding the majority of buyer interest from local downsizers, as well as buyers with a long-standing affinity for Mosman Park.
</section>

[smartcode_project:default project_id=148957 project_image_fid=364591]

Mos Lane will comprise two buildings; Samson House and Manning House, which have been designed by&nbsp;<a href="https://www.apartments.com.au/architects/nelson-koo">Nelson + Koo</a>, an emerging design consultancy specialising in the masterplanning and design of mixed use places and spaces.

The two buildings adopt distinct architectural responses to their surroundings. Manning House references the strong roof forms of nearby homes, with floorplates oriented to maximise light and long-range views, while Samson House is organised around a central atrium designed to bring daylight deep into the building and create a greater sense of openness.

At ground level, the inclusion of five townhomes introduces a typology more commonly associated with Mosman Park’s established streets, each with private courtyards and direct frontage, offering a transition between traditional housing and apartment living.

[smartcode_project:default project_id=148957 project_image_fid=364103]

Interiors have been led by Melbourne-based Hecker Guthrie, with an emphasis on practical, long-term liveability. Residences incorporate sculpted joinery, generous storage and flexible multi-purpose rooms that can adapt to changing household needs, whether for working from home, guest accommodation or additional living space.

Material selections draw on a restrained palette of textured stone, timber and neutral tones, with options for lighter or darker schemes. Detailing such as fluted glass, full-height joinery and integrated appliances is intended to balance functionality with a more refined residential finish.

Outdoor spaces are a consistent feature across the development, with balconies and terraces designed for dining and entertaining, and larger apartments incorporating outdoor kitchens. Orientation has been considered to allow residents to choose between morning or afternoon sun, while mature street trees and landscaped communal areas contribute to a softer streetscape.

[smartcode_project:default project_id=148957 project_image_fid=364107]

Shared amenities are positioned to support both day-to-day convenience and occasional use. These include a private dining room with a caterer’s kitchen, alfresco entertaining areas, and a bookable guest suite for visiting friends and family. Additional practical features such as a resident workshop, storage facilities, car and pet wash areas, and concierge-style services for cleaning and dry-cleaning collection reflect a focus on usability.

Positioned between the Swan River and Cottesloe Beach, and within reach of schools such as Iona Presentation College and St Hilda’s Anglican School, the development is aimed at a broad buyer group, from downsizers seeking a lower-maintenance alternative to larger homes, through to local residents looking to remain in the area in a different housing format.

Mos Lane represents one of the more significant additions to Mosman Park’s limited pipeline, combining new housing supply with a village-style retail centre in a suburb where opportunities for large-scale redevelopment are relatively constrained.

[smartcode_project_cta:default project_id=148957]

Living village precinct set for Mosman Park as ADC launches Mos Lane

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Sydney-based Rick Otton, the investment promoter and author of 'How to buy a house for a dollar' claimed as one of the Top 10 Most Popular Business Titles for 2013 by Money Magazine and Dymocks, is voluntarily foregoing promotion of his rent-to-buy scheme to WA investors.
This is due to WA Consumer Protection's belief that some of his advertising was misleading, requiring clarification based on statements made on a number of his websites.
Commissioner for Consumer Protection Anne Driscoll said that the seminars Otton and his companies run, which provide education and mentoring at a fee, appear to exaggerate the potential gains.
“These types of seminars highlight to potential investors the benefits of securing their financial future by investing in property, while downgrading the risks. They also appear to exaggerate the potential gains from property and other investments by following the promoter’s programs,” Driscoll said.
“We advise those who attend these seminars to resist the pressure to sign any contracts or pay any fees without first getting proper independent advice from financial advisers and property investment professionals. Consumers should be wary about any ‘get rich quick’ claims being made.”
The Department of Commerce notes that "Richard “Rick” Keith Otton, together with his companies Rick Otton.com Pty Ltd and We Buy Houses Pty Ltd, entered into an enforceable undertaking with Consumer Protection in which he undertook to refrain from conducting his seminars in WA."
This also requires him to refrain from sharing promotional material and promoting his real estate business in the state for a two-year period, as well as publishing information clarifying how the promoted arrangements operate.
Otton and his companies have not admitted any wrongdoing under Australian Consumer Law.
Driscoll said that WA consumers are being misled by the marketing of his scheme with statements including ‘buy a house for one dollar’ and ‘profit without initial investment’, the former being part of his book title also.
The way the scheme works is the following. Otton offers a vendor $1 for an option to buy their property at a future agreed price, while paying rent in the meantime with the seller retaining ownership during this time.
The investor then purchases the option on the condition they pay regular instalments at a rate higher than the rent, with an expectation of securing a loan to exercise the option.
Investors may know of this strategy as vendor financing or rent to buy.
As the scheme cannot really be completed with just $1, or without investment, Driscoll said that this constitutes as misleading.
Under their agreement, the Department of Commerce notes that Otton, his companies and his three websites (howtobuyahouseforadollar.com; rickotton.com, massivepassivecash.com.au) must make the following clear to buyers in WA:
- The purchase price for the property must ultimately be paid before they can own the property
- The one dollar payment to buy the option is only the initial step towards owning the property
- They may not necessarily satisfy a bank’s lending requirements to exercise the option to buy. Payment of instalments over time may not be proof of creditworthiness
- Legal advice should be obtained before being involved in a rent-to-buy property scheme
The following is now present on Otton's websites, which Driscoll said overcomes the concerns:
"The Commissioner for Consumer Protection (WA) has requested that the following clarifications be conveyed to our Western Australian customers:
A) In order to become the owner of real estate, the purchase price for the property ultimately must be paid;
B) This system does not enable you to become the owner of a house for $1 - you can only purchase an option for $1. This system may provide you with an initial step towards owning real estate.
C) The making of instalment payments can be seen by banks as a sign of credit worthiness for future lending, but it is not the only factor considered. You may not necessarily satisfy a bank's lending requirements just by pointing to payments of instalments over time as proof of creditworthiness.
D) It may be unlawful in Western Australia to effect transactions of real estate between other people without holding a real estate agent's licence under the Real Estate and Business Agents Act 1978 (WA). You should obtain legal advice relevant to your circumstances before operating a rent-to-buy business in Western Australia."
At present, Otton is allowed to continue with business as usual in other states and territories. 
A recent DVD in the mail in Melbourne from RickOtton.com came with testimonials including "I made $37,000 With Only $1 Invested!" "We Made $180,000 With No Money Invested!" and similar.
Rick Otton, in a press release <a href="https://vendorfinanceinstitute.com.au/consumer-protection-wa-our-industry-moves-forward/" target="_blank">circulated by the Vendor Finance Institute</a>, said: "Anyone who has read my book, 'How To Buy A House for A Dollar' or attended one of my property events, knows that you literally can't buy a house for one dollar. In order to avoid any confusion for WA consumers I've agreed to clarify statements they feel are misleading."
The institute notes that the industry is going through a transition period.
The <a href="https://www.commerce.wa.gov.au/ConsumerProtection/PDF/EnforceableUndertaki/RickOttonWeBuyHouses.pdf" target="_blank">enforceable undertaking is available online here</a> which, signed on 27th August 2013 by Otton and the Commissioner, states the following:
"The Commissioner for Consumer Protection (western Australia) (Commissioner) has raised concerns with the Otton Parties that the Scheme Representations may be capable of misleading Western Australian consumers, in contravention of the Australian Consumer Law (WA) (ACL), because: G.1 The Otton Scheme provides for the Promoter to pay $1 (or other nominal amount) for an option to purchase a house; G.2. But in order to acquire title to the house, the Promote must exercise the option; G.3. And in order to exervise the option, the Promoter must pay the Promoter's Exercise Price; G.4. hence, the Otton Scheme does not actually enable anyone to become the registered proprietor of a house for $1 (or other nominal amount); and G.5. A buyer may not necessarily satisfy banks' lending requirements merely by pointing to the Buyer Payment over time as a proof of creditworthiness."
Property Observer notes that there are also currently other companies using sales pitches surrounding little to no money down required to promote their products in Western Australia.  It remains to be seen whether the Department of Commerce will treat these in a similar manner.
<a href="https://mce_host/jduke@propertyobserver.com.au" target="_blank">jduke@propertyobserver.com.au </a> 
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Best-selling property investment author's WA seminars banned: Department of Commerce

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Having been convicted of 26 counts of failing to lodge bonds collected for rentals within the required 14 days, Century 21 Wentworth Real Estate in East Perth has been fined more than $10,000 after previous warnings, and it is apparent that landlords, or self-managing investors, can also face this fine.
As well as being fined $10,400 for failing to lodge security bonds with the Bond Administrator, Wentworth Mutual Investment Management Pty Ltd, trading as Century 21 Wentworth Real Estate, was also required to pay $643 in costs on 8 November 2013 by the Perth Magistrates Court.
The agency had taken between 17 and 53 days to lodge 26 bonds, totalling $39,200, according to lawyers for Consumer Protection.
The bonds had been collected during March and April 2012.
Landlords who self-manage and fail to lodge bonds collected for rentals within the time frame would also face penalties.
Century 21's Chairman Charles Tarbey told Property Observer that they had taken steps to fix the issue.
“I purchased the company in December 2011 and as soon as we were made aware of the issue, the company took immediate steps to rectify it," said Tarbey.
In May 2013, Property Observer reported on a <a target="_blank" href="https://www.propertyobserver.com.au/industry-news/perth-century-21-branch-the-latest-to-be-fined-%248000-for-late-bond-lodgements/2013052761677">Century 21 office in Perth taking an average of three months to lodge 14 security bonds</a>. 
Maida Vale-based Dalefin Holdings Pty Ltd, trading as Century 21 Eastbelle Realty, was fined $8,000 for the late bond lodgements.
Three other companies were at that time on the radar for similar breaches:
<ul>
<li>A real estate agency was fined $15,000 in December 2011 over 51 late lodgements that were 17 to 72 days late</li>
<li>A real estate agency was fined $10,000 in April 2013 over 27 late lodgements that were, on average, 38 days late</li>
<li>A property management company was fined $10,000 earlier this month over 37 late lodgements that were 17 to 46 days late</li>
</ul>
In April this year, Consumer Protection warned real estate agents, property managers and landlords about late bond lodgements after Dalgon Pty Ltd trading as Acton West, now Acton Cottesloe, pleaded guilty on 5 April 2013 to 27 charges of failing to lodge security bond money as soon as practicable.
Commissioner for Consumer Protection Anne Driscoll urged landlords to comply with the law.
“Consumer Protection will take action against agents or landlords who retain these funds for an unreasonable amount of time and fail to comply with the law,” Driscoll said.
Century 21 have been contacted for comment.
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Real estate agency fined more than $10,000

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The City of Perth's Lord Mayor, Lisa Scaffidi, has spoken out against the state's planning changes, calling them inconsistent, poorly managed and a 'backflip.
Referring to the July 30 announcement, where the Premier and Minister for Local Government met with the Deputy Lord Mayor and proposed a revised city plan, Scaffidi said that the revices changes this week have turned them against the plans.
“The City now joins a growing list of strong adversaries on the way this process is being managed while previously they had been very much in sync with the Government on this matter," she said.
“We put our faith in a strategic and logical argument while now it seems the State is playing populist politics.  The State Government has a clear lack of understanding of fundamental local government issues and clear priorities such as the strategic outlook for the capital city which is the City of Perth."
She pointed to the eastern aspect of the city, including areas such as Belmont Park and Burswood Peninsula Estate, as one of many areas of contention. Noting that a proposed stadium and casino are located on the peninsula, she said it made sense for them to come under one LGA.
Concerns for ratepayers were also expressed, with areas other than the City of Perth having higher rates, meaning either a revenue shortfall or an increase across the LGA, should boundaries change in this way.
Ratepayers at Brookfield Place would face a collective estimated $214,000 increase under the changes.
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City of Perth joins list of adversaries to state planning changes

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The Real Estate Institute of Western Australia released its property results from the September quarter last week and there were three clear trends to be found among the data.
The most noticeable trends are the drop in sales turnover, strong but declining first home buyer activity and the narrowing of most sales into a particular price range.
Sales drop
The REIWA analysis show the number of metropolitan sales dropped away by around 6% in the quarter with 10 of its 13 weeks being below average for turnover this year.
In fact the more affordable north-east and south-east corridors in metropolitan Perth were the only sub-regions to show an increase in activity.
The sales of units and apartments remained steady across the board, but house sales dropped away.
First home buyers
First home buyers were very active at the more affordable end of the market and in combination with softening activity at the upper end, Perth’s median house price came down from $525,000 in June to $505,000, but is expected to lift to $510,000 once all settlements are in.
There was evidence to suggest that the first home buyer activity is seeing some multiple bidding on more affordable homes and resulting in many sale prices that are above the asking price.
The Office of State Revenue reported that the median purchase price for first home buyers across WA for both August and September was $435,000, up from $400,000 on the same time last year.
Units, stock levels and price range
Units, apartments and villas saw a very modest drop in median price across the state, dipping by $4,000 in both the city and the country to $421,000 and $306,000 respectively, but the broader theme from the quarter was the narrowing of the overall buying range.
The distribution of house sales in Perth by price range reveals the compressed nature of the market. Some 75% of turnover occurred within the band of $350,000 to $800,000 and which compares to 71% of turnover in the same bracket this time last year.
The stock of listings for Perth dropped by 1% to 8,700 properties but this was well down by 16% on last year. The tight supply is also reflected in the average number of selling days dipping by just one day to 48.
Bounce in October
Since the September quarter REIWA’s member data is showing a 9% lift in sales activity in October with an increased share in the central part of the Perth market.
The 15% increase in more expensive near-city sales has subsequently pushed the median price up by 1.9% to $520,000 for the three months to October. There has also been a 7% lift in listings during the month.
Rents
In the metropolitan rental system the vacancy rate tightened a little to 3.1%, but this was above average and as a result and the median rent had come off by $5 to around $470 per week across the board in the September quarter.
This change is more strongly reflected in units and apartments which have dropped $10 to a median of $450 per week.
Since the September quarter we have seen a further dip in properties available for lease but more notably a further drop in the median rent to $465 per week.
The regions
In the regions the two main themes emerged from the data; that sales turnover is holding up through the south-west, including Mandurah, Bunbury and Busselton, and that rents in the Pilbara continue to fall.
Broadly, the median house price across the state showed no change over the last three months and is steady at $375,000.
In good news for the Mandurah region the number of sales dropped by around 10% and the median price looks to have cooled by about $5,000 to $390,000, but this is still a good result for the region with turnover sitting comfortably at its 15 year average.
And in positive news for Bunbury, sales turnover reflected stability with the number of listings trending down 15% in the quarter while the median price looks to have lifted 1% to around $380,000. This is its best result since December 2009.
Kalgoorlie-Boulder saw very flat turnover ticking along at 35% below its 15 year average and with the median price dropping by at least 2% to around $338,000.
More notable in the goldfields is the rapidly cooling rental market. The number of available leases jumped 19% in the quarter and 170% over the year while the median rent dropped 5% in the quarter to $390 per week.
In the Midwest, Geraldton-Greenough saw a healthy boost of at least 30% in sales, however its median price is unchanged at $379,000.
Pilbara downturn
In the Pilbara, Karratha remained very subdued in the quarter with little movement in sales or price. Its median is sitting at $679,000 and listings increased by 22%.
Rents there continued to slide, down by 8% on June to $1,100 per week and well down by 19% on the year.
Sales in Port Hedland also dropped significantly in the quarter but late sales data may adjust this. The median looks to have fallen by around 9% on REIWA figures, which would put it at about $818,000.
As with Karratha, the more interesting development in Hedland is with rents. These plummeted by 10% in the quarter to $1,300 per week, down by 35% same time last year.
These are still huge amounts to pay for weekly rent, but there are clear signs the mining sector is winding back with jobs and this impacts directly on the housing market in mining towns.

<hr>
David Airey is president of the <a href="https://reiwa.com.au/home/default.aspx" target="_blank" rel="nofollow">Real Estate Institute of Western Australia.</a> 
This article was originally published on <a href="https://reiwa.com.au/Faq/Pages/Feature.aspx" rel="nofollow" target="_blank">reiwa.com</a>.
 
 
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Perth sales drop but first home buyers active at affordable end

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The first new residential development in 40 years will allow investors to capitalise on the annual 19% house price growth at WA mining town, Tom Price.  
The Crawford Property Group has released six off-the-plan houses with three bedrooms and two bathrooms which are being marketed to attract the town’s residential workforce.  
The $759,000 houses, at 327 Warara Street, are expected to be completed next month. Demand from investors has been strong, with the six-property first stage of the development already sold out and another six to go in the second stage.  
Crawford suggests the houses could achieve yields of up to 15% with zero vacancy rates. They are expected to lease from $2,100 to $2,200 per week and are among two new developments in the town.  
Nicheliving Constructions – winners of the 2012 MBA award for Excellence in Building Innovation – will build the highly energy and acoustically efficient houses as full turn-key packages. They will have quality fixtures and fittings, open plan kitchens, dining and lounge rooms and hidden laundries. Bedrooms will have built-in wardrobes and the main bedrooms will have en suites.  
"Tom Price is a highly lucrative market but, until now, it has been fairly inaccessible to investors," said director Ryan Crawford. "It plays an integral role in Rio Tinto’s and FMG’s iron ore operations in the area and the increasing workforce has helped the population to double to 5400 in just six years.  
"However, until 2011, there had been no new land releases or residential development for nearly 40 years."  
Pressure on housing has raised prices, and the 10 year average annual house price growth rate is 19%. In this, Tom Price’s performance has been consistent with other Pilbara towns, but a lack of new supply has restricted investor access.  
Crawford says the development takes advantage of the town’s zero vacancy rates, higher than average rental returns and strong predicted capital growth.  
"And, with both Rio and FMG ramping up production and flagging possible expansions, the projected continued workforce increase means pressure on house prices and rental accommodation is expected to remain strong."  
A Regional Development Australia report says Tom Price had a dwelling shortfall of 259 homes in 2012 and will require between 271 and 471 new homes by 2015.  Only 37 residential lots were released in 2011 and no further land releases have been announced.  
At 747 metres, Tom Price is the highest town above sea level in Western Australia. The resources boom has helped it become the most affluent non-metropolitan region in Australia, with the average Rio Tinto employee's wage being significantly higher than the Australian average.  
The median age of 29 reflects Tom Price's relatively young family-oriented community. The town is named after Thomas Moore Price, vice-president of the US based Kaiser steel company. It is the closest town to Karijini National Park and is serviced by the Paraburdoo Airport.        
 
 
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Tom Price gets set for first residential development in 40 years

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Public and private investment for Fremantle is edging towards $1 billion - thanks to what the city believes are sensible amendments to its town plan.
This has pleased the Property Council of Australia, which says the revised scheme allows for greater density in key locations in the CBD and with developments currently in the pipeline. These include the flagship Kings Square project - more than 22,000 square metres of A-grade office space and more than 11,500 square metres of retail space expected to be built within five years.
Other uses are in the mix, including residential, hotel and short-term accommodation, entertainment and civic spaces.
The council said that, in recent years, there have been more development application approvals and building approvals in Fremantle than in any equivalent period since 1987.
Fremantle’s mayor, Dr Brad Pettitt, said the aim of revising the plan was to ‘’bring more people back into the heart of our city to live, work, shop and to be entertained”.
The city set about addressing the low levels of investor interest in Fremantle via an award-winning economic development strategy finalised in 2011. The strategy outlined ‘’ambitious but achievable’’ targets for the development of residential dwellings, as well as commercial office and retail floor space in the CBD.
Pettitt said that, while there was still a lot of work to do, there was now a good level of interest from investors and plenty of projects under construction.
“I’m more confident than ever that Fremantle is on the cusp of a generational change which will produce the sort of high-quality sustainable infrastructure that our community needs and deserves,” he said.
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Fremantle investment edging towards $1 billion, city thanks town planning amendments

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Perth’s Fremantle Council has shortlisted three architects to design a $45 million development that forms part of its $220 million Kings Square Project.
The shortlisted architects are Fremantle based firms CODA and Kerry Hill Architects and Melbourne-based McBridge Charles Ryan.
The final winner will be announced in mid December.
“Quality sustainable development is what Fremantle needs and this competition, judged by an independent expert panel, will go a long way to ensuring the development we build today becomes the heritage that future generations can be extremely proud of,” Mayor Brad Pettitt says.
The three were picked from an initial list of 53 and will be given a $20,000 honorarium.
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Fremantle council shortlists three architects for $45m development

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The Western Australian government have sold 1,112 properties through the Opening Doors initiative over the past two years, having launched in September 2011.
As part of the government's Affordable Housing Strategy, Opening Doors delivers properties substantially below the median house price under a shared ownership scheme.
The median price of properties under this project is $293,000, which is around $200,000 below the current median of Perth.
Housing Minister, Bill Marmion, said that the government retained up to 30% equity in the property through the Department of Housing's shared ownership scheme, or sold with the purchaser acquiring 100%, depending on the situation.
Currently, 79% were sold through shared equity, however those looking for 100% ownership are increasing in numbers.
"Most people who purchase a home under the shared home ownership scheme pay less in monthly mortgage repayments than they would pay in rent for a similar home in the same suburb,” said Marmion.
"As of October 1, 2013, 1,112 properties have been sold through this initiative. The success in reaching this milestone in less than two years is a strong signal that the State Government is delivering quality housing at an affordable price," he said.
Properties ranged from one-bedroom units to four-bedroom houses and are located in suburbs throughout the Perth metropolitan area. Some regional towns are also home to these properties.
Marmion noted that the majority have been in the suburbs of West Perth, Mirrabooka, Fremantle, Cockburn Central, Butler, Brighton, Banksia Grove, Ellenbrook, Avely, Girrawheen, Brookdale, Bertram, Wellard and Baldivis.
Under the Affordable Housing Strategy in total, 10,000 homes have been delivered. The aim is for 20,000 by 2020.
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More than 1,100 properties sold through WA's affordability initiative

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Two adjoining Fremantle properties are being sold for the first time in their 100 year histories.
The former Princess Theatre, built in 1912, and the Princess Chambers, built in 1899, have been listed for sale.
Frank Biddles was a pioneering pearler who built up a massive property portfolio in WA until his death in 1932.
When he died his executors sold his portfolio which included several Kimberley pastoral stations, 32 properties in Fremantle, 17 in Broome and others spread throughout the metropolitan area from Rivervale to Nedlands.
But this property was left aside for his unborn grandchildren.
These two Fremantle buildings are being sold by his ancestors for the first time.
Biddles built the Princess Chambers to the design of architect Edwin Summerhayes – also responsible for The Rechabite Hall in William Street and Ancient Order of Foresters in Francis Street.
The heritage listed property, at 21-27 Market St Fremantle, is said to be a fine example of a Federation Free Classical style building, with elaborate stucco decoration above the ground floor level, that makes a significant contribution to the streetscape.
It is a three storey painted brick building with bracketed and balustraded parapet and a zero setback from the pavement.
It has has four bays divided by engaged pilasters extending through the parapet.
Only the façade is heritage listed.
The Princess Theatre, at 29-33 Market Street, was built by Biddles to the design of John McNeece and Son.
The building facade creates the impression of being a separate building but it is actually just an extension of the Princess Chambers.
According to heritage documents, the 1,850 seater theatre cost £7,000 to build.
It opened on 21 December 1912 with a screening of The French Spy and vaudeville performances by Elsie McGuire, according to newspapers at the time.
The building operated as a movie theatre until 1969. It was then converted to commercial property with retail lots on the ground floor and offices above.
It was also home to one of the earliest incarnations of the Returned and Services League of Australia, then known as RSA, when Biddles made the basement of the Princess Theatre available to provide amenities for army and naval personnel.
The building was extensively rebuilt in 1941
It is a two storey highly decorative, rendered and truncated corner building with a zero setback from the pavement, according to heritage documents.
<img alt="fremantle_oct_18_two" height="353" width="470" src="/images/stories/2013/10/18/fremantle_oct_18_two.jpg">
It has a bracketed and balustrade parapet, with decorative engaged low pilasters.
The 660 square metres of land on one title is <a href="https://www.realcommercial.com.au/property-land+development-wa-fremantle-500921975">being sold by Knight Frank.</a>
Director Tony Delich says the building is the last piece of Biddles’ legacy and is one of Fremantle’s landmark buildings
“It has never been sold before and still belongs to his grand children who weren’t even born when he died or when the buildings were built,” Delich says.
It has 1,146 square metres of lettable area and most of the tenancies were long established, including the popular Kakulus Sister grocer.
It currently earns $278,000 per year and is being sold by an offers to purchase campaign closing on November 13.
There is opportunity for further refurbishment of unused office areas on the upper levels plus the basement area which is currently vacant.
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Heritage Fremantle theatre building listed for first time in 100 years

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WA Transport Minister Troy Buswell has urged Kalgoorlie-Boulder residents to have their say on the PortLink project. He is encouraging them to attend an information day on the planning options for the project this Saturday, October 19.
The PortLink concept ultimately links the towns of Port Hedland, Kalgoorlie-Boulder, Esperance and Geraldton, and has the potential, Buswell says, to build a stronger and more flexible transport network.
The project will include a heavy vehicle bypass road, a freight rail bypass around the town centre and a potential intermodal terminal in Kalgoorlie.
“These projects have the potential to significantly reduce the number of heavy freight vehicles on local roads as well as reduce rail traffic through Kalgoorlie’s city centre,” Buswell said.
“This will result in improved road and rail safety and provide better amenity for the Kalgoorlie-Boulder community.
“There are three options for each of the road, rail and intermodal terminal projects and I encourage locals to have a say in what would work best for their community.”
The Department of Transport will host the information session at Markets Arcade, Hannan Street, Kalgoorlie, from 10am-3pm.
Regional Development Minister Brendon Grylls said PortLink could open up Western Australia’s resource-rich regions to better economic development opportunities.
“One of the objectives of the PortLink project is to test the feasibility of a regional alternative to Perth as a major distribution point for interstate freight,” he said.
Planning studies for Phase 1 of PortLink are being funded by the State Government’s Royalties for Regions program ($5 million) and the Commonwealth Nation Building program ($2 million).
The public consultation period runs until November 1.
Information and community comment forms are available at: <a title="Department of Transport website" target="_blank" href="https://www.transport.wa.gov.au/PortLink">https://www.transport.wa.gov.au/PortLink</a>
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