<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.

Joel Robinson

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

<a href="https://www.apartments.com.au/developers/sunland-group">Sunland Group</a> has officially lodged plans for its first Gold Coast apartment project since the departure of the Abedian family from the company three years ago, unveiling a new high-rise proposal for a prominent Broadbeach corner site on Old Burleigh Road.

The application was submitted by an entity directed by Tom Jamieson, stepson of longtime Sunland leader Soheil Abedian, and Riaz Rezvanipour, brother-in-law of Sahba Abedian, Soheil’s son.

Sunland acquired the 1,283 sqm site on the corner of Old Burleigh Road and Armrick Avenue for $9.5 million late last year and is now seeking approval for a <a href="https://www.apartments.com.au/new-apartments/99-101-old-burleigh-road-broadbeach-qld-4218">42-storey tower with 81 apartments</a>.

<img alt="First look: Sunland Group returns to Broadbeach with new Old Burleigh Road tower plans" data-entity-type="file" data-entity-uuid="fea2946d-90ee-4cfc-babe-2a8ad5db2cb6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers.png?VersionId=BV0fihJw31nDIQ8ozY_h3GbS8mxDyhnm" />

Designed by <a href="https://www.apartments.com.au/architects/contreras-earl-architecture">Contreras Earl Architecture</a>, the proposed tower at 99-101 Old Burleigh Road would deliver a predominantly larger-format apartment mix aimed at the owner-occupier market. Plans include 17 two-bedroom apartments, 55 three-bedroom apartments, and nine four-bedroom residences across 35 residential levels.

The development also incorporates three basement levels, four podium parking levels, two levels of communal recreation facilities, and rooftop plant and equipment. A total of 189 car spaces are proposed, significantly exceeding the 90 spaces required under the planning scheme.

The architecture adopts a sculpted, curvilinear form, with deep wraparound balconies and integrated landscaping intended to soften the tower’s vertical expression. The planning report states the building’s “slender footprint/form provides a complimentary yet varied built form within the local streetscape” and contributes to “a varied, yet ordered skyline.”

Contreras Earl noted in its Architectural Statement that from the early stages, the project addressed a fundamental challenge: how to accommodate the required residential yield while avoiding the conventional model of a tower sitting on a rigid, fully resolved parking podium.

“The most direct response would have been to consolidate parking into a singular, flat podium and extrude a repetitive tower above,” the statement said. “While efficient, this approach would result in a consolidated built form with limited engagement with the surrounding landscape and public realm.”

Instead, the conventional podium model was “deliberately rejected”. The architects described the base of the building as “a landscaped architectural condition where structure, planting and circulation are integrated”.

“Rather than presenting a continuous built mass, the base of the building is articulated through a series of concrete planter elements that organise the podium into a fragmented system,” the statement said. “This approach reduces the perceived bulk of the lower levels while establishing a more permeable interface with the streetscape and adjacent open space.”

<img alt="Sunland" data-entity-type="file" data-entity-uuid="923fad8d-c960-4527-8fbe-975cf1ddf88d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-25%20at%2010.32.03%E2%80%AFAM.png?VersionId=pngwb0hYOIUpq9vDw6F2EsOiVuHF3DiX" />

&nbsp;

The site sits within the High Density Residential Zone and inside the City of Gold Coast’s unrestricted “HX” building height area, where the planning framework anticipates intensified residential development tied to the expanding light rail corridor. The planning report notes the area is undergoing “transition toward more intense development forms” given its proximity to Broadbeach, Surfers Paradise, and high-frequency public transport infrastructure.

Positioned directly opposite Broadbeach Park and within walking distance of Florida Gardens light rail station, the development would sit among a rapidly evolving stretch of Old Burleigh Road that has become one of the Gold Coast’s most active apartment development corridors.

The application joins a growing pipeline of luxury residential projects reshaping Broadbeach, including nearby developments by 5Point Projects, Polycell, and Graya.

The planning report argues the project contributes toward the Gold Coast’s long-term housing targets under the South East Queensland Regional Plan, which forecasts the need for more than 100,000 additional high-rise dwellings across the city by 2046.

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The Abedian family departed Sunland Group in late 2023, ending a four-decade association with the company, and subsequently established the private development firm Abedian &amp; Co. The group is currently delivering <a href="https://www.apartments.com.au/new-apartments/greenmount-residences-cnr-hill-street-and-marine-parade-coolangatta-qld-4225">Greenmount Residences</a> at Rainbow Bay and recently launched <a href="https://www.apartments.com.au/new-apartments/18-mary-avenue-14-18-mary-avenue-broadbeach-qld-4218">18 Mary Avenue</a> in Broadbeach.
</section>

First look: Sunland Group returns to Broadbeach new apartment market with new Old Burleigh Road tower plans

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>.

<section data-scroll-anchor="true" data-testid="conversation-turn-124" data-turn="assistant" data-turn-id="request-69e027bc-1530-839b-a316-e9dad2cbd4d9-34" dir="auto">
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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Wall Street Journal senior economics reporter James Glynn says the mining boom in WA might not be totally over.
The iron ore price has hit US$142.80 – the highest point in five months, running counter to predictions by many that the price could drop below $100 this year.
<a target="_blank" href="https://twitter.com/JamesGlynnWSJ"><img alt="tweet-of-the-day-aug-15" height="135" width="470" src="/images/stories/2013/08/tweet-of-the-day-aug-15.jpg"></a>
Credit Suisse analyst Paul McTaggart told The Australian Financial Review he expects the price will come back down but not as much as previously thought.
“I don’t think iron ore will stay at US$130 a tonne. We are heading into a seasonal period of weakness when China construction demand weakens so I think iron ore prices will moderate. However, prices might come down to what will remain a relatively robust level – and come March of next year, when China is back online, iron ore could rally from a higher level,” he told the paper yesterday.
Perth was identified as having <a target="_blank" href="https://www.propertyobserver.com.au/new-south-wales/rising-incomes-pointing-to-13-emerging-suburbs-for-investment-potential-bernard-salt/2013081464225">the three top suburbs with the greatest increase in earning capacity.</a>
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Iron ore is up so don't rule Perth out

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A property broker has suggested that I invest in Brisbane in government income guaranteed apartments.
Currently, I live in Sydney and my bank has warned that interstate investments using a broker often are 'two-tiered pricing'. 
I had never heard of this.
Thanks,
Shirley
 
<hr>
 
Dear Shirley,
First let’s get clear exactly what this might mean.  There is no such thing as a ‘government income guaranteed’ apartment and many spruikers use this term very loosely to inspire confidence in you and to infer that what they are selling to you is, in some way, iron clad – not true!
I can think of only two scenarios where a spruiker might attempt to trade off on some kind of government backing – Defence Housing Australia (DHA) and the National Rental Affordability Scheme (NRAS).
DHA is a scheme whereby you purchase a property in an area where this department has supply and they provide to you a ‘management agreement’ type service. 
This management agreement costs more than a standard management agreement (around 16% of rent) but in return your property is maintained against wear and tear (not major repairs) and a member of the defence force is chosen for a tenant. 
In some ways this is a rent guarantee and the terms are usually between 7 and 10 years.  
NRAS is a scheme whereby, in return for the owner leasing their property at a rent which is 20% below market value, tax credits of around $10,000 per annum for 10 years are supplied. 
This scheme was originally designed for large institutional investors, such as insurance companies and superannuation funds, who would build and supply lots of 100+ properties and in return receive the tax credits. 
Somewhere along the way spruikers got their grubby little hands on them and on-sold the scheme to individual investors. 
The tax office had to run around placing interim tax arrangements in place to deal with this and now we see them offered as an investment opportunity for anyone.  
While both schemes have a possible cash flow upside, the existence of an overlying scheme cannot assure you of a quality underlying asset.
Just because you get a tax benefit or a guaranteed rent doesn’t mean you are buying a property which will grow well or be a good investment. 
You must separate the scheme from the asset and ask <a href="https://www.propertyobserver.com.au/landlords/the-20-questions-to-ask-before-you-buy-an-investment-property-margaret-lomas/2013072163457" target="_blank">20 questions</a> to determine if the property would be a good buy without the scheme.  
Where NRAS is concerned I happen to know that the re-sellers are in for around $25k+ in commissions and so do be careful that the property is at market value when you buy it. 
Remember too that, as they are usually built in lots of 100, all completed at the same time.
The market is often flooded with properties – this not only impacts values (and usually they are worth considerably less on completion than the investor pays) but it means there are plenty of rentals available. 
This will push down yields and, as you already have to charge 20% below the market rent, if the market rent falls you could be up for very low yields indeed.  
My final word on the subject is this – you should never take investing advice from a property ‘broker’, or anyone whose aim is to sell a property to you. 
They cannot possibly be independent if they are giving you advice about where to buy and then profiting from selling you a property there!
Margaret Lomas is a best-selling author and writes and hosts the popularProperty Success With Margaret Lomas and heads up the panel on Your Money, Your Call, both on Sky News. She is the founder of <a href="https://destiny.com.au/dotnetnuke/en-au/home.aspx" target="_blank" rel="nofollow">Destiny</a>.
Have a property question? <a href="mailto:askmargaret@propertyobserver.com.au" target="_blank">Ask Margaret!</a>
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Is there really "government income guaranteed" housing?: Ask Margaret

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Land tax in Western Australia will increase 12.5% as the Barnett government delivers a budget that attempts to reign in debt.
Treasurer Troy Buswell said most home owners’ land tax bill would not increase by more than $70, due to a forecasted decrease in property value growth, but the increase has been attacked by the peak real estate body in WA.
“The majority of taxpayers will only experience a modest increase in their land tax bill. Around 80% of taxpayers are estimated to have an increase of $70 or less (excluding the impact of any land valuation changes),” budget documents say.
“Even after this increase, Western Australia’s land tax rates will remain significantly below those of other jurisdictions.”
The tax increase is set to raise an additional $338 million over the next four financial years.
<img alt="landtax-aug-9" height="274" width="470" src="/images/stories/2013/08/landtax-aug-9.gif">
Real Estate Institute of WA president David Airey said the tax increase was unwelcome news for property investors.
“This is a kick in the shins for property investors who supply two thirds of rental stock in WA. It will suck an extra $73 million out of their pockets as a punishment for being an investor,” he said.
“These owners already pay rates to local government for the provision of services yet get nothing from the state directly and subsidise government services which benefit the entire community.
“It's a great concern that the government remains so dependent on property taxes to run the state despite the enormous revenue earnings from resources.”
The tax is paid by 112,000 WA business and investment property owners.
A property in Cottesloe worth $500,000 would currently pay $180 per year in land tax plus a metropolitan region improvement tax of $280. Under the new conditions, the owner would pay $200 a year in land tax and the same amount of metropolitan region improvement tax.
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WA homeowners hit with land tax increase

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Vendors will continue to have the upper hand in the Perth residential market due not enough new houses being built to satisfy the city’s growing population.
As a result of the supply of housing not keeping up with demand property market researchers MacroPlan Dimasi forecast Perth’s residential vacancy rate to tighten further from its current 2% over the next 12 months with the pace of residential sales to increase and asking rents to increase.
The report, prepared for WA-based Otan Funds Management, notes that there were around 8,200 dwellings on the market in March 2013 as opposed to a market equilibrium position of around 12,000 listed dwellings.
“This indicates a strong sellers’ market that has not been seen since the severe dwelling shortage of mid-2006,” say report authors Stuart McKnight and Andre Marcelino.
The graph below prepared by MacroPlan Dimasi shows that average days on market have fallen from around 80 as of December 2011 to just under 60 at the same time as residential listings have fallen steadily since March last year.
<img alt="macroplan1" src="/images/stories/2013/larry_uploads/macroplan1.jpg" width="470" height="252">
Also since March last year, sales volumes have been increasing steadily with dwelling prices recovering over the past two years.
<img alt="macroplan2" src="/images/stories/2013/larry_uploads/macroplan2.jpg" width="470" height="253">
The news is not good for those renting with vacancy rates stayed at a low 2% against a market equilibrium point of 3.5%, resulting in increases in the median rents of houses and units. 
The report highlights the high population growth statistics for Western Australia, where the population expanded by 3.47% in the 12 months to December 2012 with no Australian state having achieved such a high growth rate in the past 30 years;
Over 2012, the state’s resident population grew by 83,031 people, with much of this growth in Perth, where the city’s population has reached 1.9 million residents – a decade ago there were less than 1.5 million residents.
“Most of these people migrated from overseas and an increasing number of people have moved from other areas of the country,” say MacroPlan Dimasi report authors Stuart McKnight and Andre Marcelino.
The report says that over the last decade, population growth in Western Australia had been underscored by record mining investment forecasts.
The report forecasts population growth from the mining industry in Western Australia to peak in 2015, at approximately 37,600 persons, supported by the need for a 20,000 plus construction workforce and also to replace a wave of retirements within the industry – a direct result of the ageing demographic of the Western Australian mining workforce.
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Perth housing now strongest vendors' market since 2006: MacroPlan Dimasi

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The Stirling local government area (LGA) in WA has been enjoying high market activity over the last five years, as well as rental demand in the March quarter of this year, according to the latest report by PRD nationwide. 

 The Stirling LGA includes Balcatta, Balga, Carine, Churchlands, Coolbinia, Dianella, Doubleview, Glendalough, Gwelup, Hamersley, Inglewood, Innaloo, Joondanna, Karrinyup, Menora, Mirrabooka, Mount Lawley, Nollamara, North Beach, Osborne Park, Scarborough, Stirling, Trigg, Tuart Hill, Wembley Downs, Westminster, Woodlands, and Yokine. 

 Over a five-year period ending in the first quarter of this year, house transactions in the Stirling area accounted for 30% of all house transactions in Central Perth (listings within a 15km radius of Perth CBD). Similarly, unit transactions in the Stirling LGA made up 28% of all transactions over a five-year period ending in the March quarter of 2013. 

 Central Perth is also seeing a resurgence in rental listings as demand continues to grow as a result of increased mining activity in Western Australia. It recorded 47% of house rental listings for the March quarter of this year, with the Stirling LGA recording 10% of the Perth citywide market. 

 According to PRD nationwide research analyst Angus McLean, the Stirling LGA recorded 907 house rental listings for the March quarter, with a median asking rent of $550 per week, reflecting an 11% increase on last year, when the median asking rent was $490 per week, according to data from the REIWA. 

 <a href="/news">North Beach</a> saw one of the largest annual increases in asking rent. For the March quarter of 2013, the median asking rent was $610 per week, up 30% on last year where the median asking rent was $425 per week


Conversely, <a href="/news">Inglewood</a> saw one of the largest annual drops in asking rent. For the March quarter of this year, the median asking rent was $560 per week, down 16% on last year where the median asking rent was $650 per week. Central Perth dominated the unit rental market with 86% of listings.

 The Stirling LGA once again proved to be a popular area with 17% of all listings for Central Perth. It recorded 957 listings and a median asking rent of $420 per week during the period, according to data from the REIWA. Scarborough saw one of the largest annual increases in asking rent. 

For the March quarter of this year, the median asking rent was $460 per week, up 17% on last year when it was at $380 per week. PRD nationwide director of Perth project marketing Angus Murray told Property Observer the Perth property market is “very strong” across the board. 

 “There is a shortage of listings in Perth, and we are well undersupplied. It’s pushing prices a little.” 

 “There is about a 6% increase in pricing in the last 12 months, and I expect it will be a similar amount in the next 12 months as there is a shortage of stock,” he said. 

 He revealed that the Sterling market is mainly driven by families and people looking to upgrade, especially from other parts of Perth. Some pull factors include its proximity to the Perth CBD and established schools in the area. 

 Located about 10 kilometres north of the Perth CBD, Stirling is accessible by the Mitchell Freeway and Stirling train station. A train ride to Perth city takes about nine minutes. According to the <a href="/news">latest RP Data report</a>, the median sale price for houses in Stirling is $775,000, up 4.3% on last year. 

The average discount required to sell a house is 8.9%, while private treaty sales average 87 days on market. 

 The median asking rent for houses in Stirling is $750 per week, while gross rental yield currently stands at 5%. Houses that have recently sold in Stirling include: 

 <a href="https://www.realestate.com.au/property-house-wa-stirling-113515191">3 Skua Street</a>

The three-bedroom house (pictured below) sold for $653,000 through Professionals Realty in April this year. 

Prior to this sale, it sold in 2008 for $495,000, in 2001 for $215,000, and in 1994 for 152,800 according to RP Data records. It was listed for sale at “offers from $669,000”, and was on the market for 9 days. 

In addition, it was listed in January 2008 with an initial price guide of “$560,000 to $575,000”, which was subsequently adjusted to “$550,000 to $560,000” and spent 257 days on the market according to RP Data records.

<a href="https://www.realestate.com.au/property-house-wa-stirling-112483075" target="_blank"></a><a target="_blank" href="https://www.realestate.com.au/property-house-wa-stirling-112483075">247 Odin Drive</a>

The four-bedroom house (pictured below) sold for $810,000 through Realmark Premier Gwelup in February this year. 

Prior to this sale, the 669 square metre house sold in 2007 for $785,000, and in 2003 for $429,000, according to RP Data records. 

 It was listed for sale with a “all offers invited” price guide in February this year, and was on the market for 17 days. In addition, it was listed for sale in March 2007 with a price guide of “from $769,000”, and it spent 64 days on market. It was also listed for sale in 2006 at an asking price of $850,000, spending 23 days on market, and again in 2003 for $444,000 where it spent 78 days on market, according to RP Data records. 

 <img width="470" height="353" alt="STIRLING_0002_stirlingjuly31two.jpg" src="/images/stories/2013/07/STIRLING_0002_stirlingjuly31two.jpg.jpg"> Houses currently for sale in Stirling include: 

 <a href="https://www.realestate.com.au/property-house-wa-stirling-114365491" target="_blank"></a><a target="_blank" href="https://www.realestate.com.au/property-house-wa-stirling-114365491">35 Cassino Drive</a>

The four-bedroom house (pictured below) has been listed for sale by Altitude Real Estate Subiaco at an asking price of “from $895,000”. It last sold for $495,000 in 2007 and for $395,000 in 2005, according to RP Data records. 

 It has also been listed for rent in July last year at an asking price of $750 per week. The asking price was subsequently adjusted to $720 per week later that month, according to RP Data records. <img width="470" height="353" alt="STIRLING_0001_stirlingjuly31three.jpg" src="/images/stories/2013/07/STIRLING_0001_stirlingjuly31three.jpg.jpg"> <a href="https://www.realestate.com.au/property-house-wa-stirling-113764135" target="_blank">2B Grebe Street</a> The three bedroom house (pictured below) has been listed for sale with a price guide of $620,000 to $640,000 through Professionals – the Kelly team. 

It last sold for $94,000 in 1993, according to RP Data records. It was also listed for sale from December last year to April this year with an “expressions of interest” campaign that spent 113 days on the market, according to RP Data records. <img width="470" height="353" alt="STIRLING_0000_stirlingjuly31four.jpg" src="/images/stories/2013/07/STIRLING_0000_stirlingjuly31four.jpg.jpg">
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dleow-BGaNPbHWyK

Stirling a hotbed for the resurgence in Central Perth property market

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Newlyweds Jemma and Ben could potentially be $135,000 better off if they were to sell their newly renovated WA home from the Channel 7 series House Rules.
The couple were first-home buyers in late 2011 when they bought their 1950s Melville home for $555,000.
House Rules asked two local estate agents to appraise the newly renovated home.
Gay Chandler-Hack of Acton Real Estate appraised the property to now be worth around $680,000.
Chandler-Hack says the kitchen and dining room are now the central hub of the home, however the laundry is not very functional.
Chandler-Hack also says removing the third bedroom was a bad move, as three-bedroom houses are worth more than a two-bedroom.
Gary Hicks of Ross and Galloway Property appraised the property to now be worth between $670,000 and $690,000.
Hicks agrees that the new modern kitchen with soft-closing drawers is the best selling point, however the removal of the third bedroom could be detrimental.
You can read our other House Rules stories <a href="?option=com_googlesearch_cse&amp;q=house%20rules" target="_blank">here.</a>
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Jemma and Ben, the WA newlyweds could be $135,000 better off after House Rules renovation

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Pilbara, known for its Aboriginal people, landscape, and rich mineral deposits, has seen its housing market record the highest capital gain in the country at 19.8% per annum over the last five years, RP Data national research director Tim Lawless wrote recently.  
Located in North-west Western Australia, Pilbara covers a vast area of 502,000 square kilometres and has a population of 59,894 as of the 2011 Census. Its main settlements include Port Hedland, Karratha, and Newman.  
Port Hedland is the second largest town in the Pilbara region, with a population of 4393 based on data from the 2011 Census. It is also home to one of the largest iron ore loading ports in the world, and the largest in Australia. Other major resource activities supported by Port Hedland include offshore natural gas fields, salt, manganese, and livestock.  
Resources company BHP Billiton has two separate port facilities in Port Hedland, where their principal iron ore operations are based. It also owns the Mount Newman railway which runs from Newman to Port Hedland for the purpose of carrying iron ore.  
Located about 1700 kilometres from Perth, Port Hedland is accessible via the Great Northern Highway or Northwest Coastal Highway. Flights to Port Hedland are also available from Perth and Darwin.  
Russell Pyke of First National Real Estate Port Hedland told Property Observer that the market in Port Hedland has softened, while awaiting the announcement of new projects.  
“It’s been pretty quiet for the last six months. There's a couple of developers who's still buying, [like the] <a href="https://www.royhill.com.au/" target="_blank">Roy Hill</a> [iron ore project] looking to break into market,” he said.  
He added that investors are still interested in properties in Port Hedland and South Hedland.  
According to the latest RP Data report, the median sale price for houses in Port Hedland is $1,765,196, up by 68.1% on last year. The median asking rent for houses in the area is $2,550 a week, and average rental yield stands at 7.5%.  
Houses recently sold in Port Hedland include:  
<a href="https://www.realestate.com.au/property-house-wa-port+hedland-113189507" target="_blank">55 Moore Street</a> (pictured below), sold for $1,485,000 by Hedland First National Port Hedland. Prior to this sale, the house last sold for $285,000 in 2005, $152,000 in 1997, $140,000 in 1995, and $125,000 in 1994, according to RP Data records.
<img alt="pilbarajune25one" height="345" width="470" src="/images/stories/2013/06/pilbarajune25one.jpg">
The house was also listed for sale in 2012 for $1,499,000, and also in 2005 for $302,000.  
It has also been listed for rent in 2008, at an asking price of $1,600 per week, according to RP Data records.  
<a href="https://www.realestate.com.au/property-house-wa-port+hedland-112674115" target="_blank">36 McPherson Street</a>, sold for $1,200,000 by Ray White Port Hedland. The four-bedroom house last sold for $448,000 in 2005, and for $160,000 in 2000, according to RP Data records.  
Houses for sale in Port Hedland include:  
<a href="https://www.realestate.com.au/property-house-wa-port+hedland-114085859" target="_blank">5 Harper Street</a>, listed for $899,000 by Crawford Realty South Hedland. The three-bedroom house last sold for $164,000 in 2001, $189,000 in 1997, $138,000 in 1994, $80,000 in 1993 and $45,000 in 1987, according to RP Data records.  
It has also been listed for rent at an asking price of $1750 per week since May this year, according to RP Data records.
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Port Hedland residential market softens

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Vendors in the Western Perth suburb of Nedlands managed an average gross profit of $467,500 over the March quarter, making it the highest grossing  re-sale location, figures from RP Data show.
Nearly nine out of ten (89.7%) of properties sold in Nedlands over the March quarter generated a profit.
These properties were held for an average of 8.7 years.
In line with the national trend, the 10.3% of Nedland properties that sold for a loss (the median loss was $25,000) were hold for a much shorter period of three and a half-years, meaning they were bought in late 2009.
The best performing WA location in terms of the proportion of properties that sold for a profit was Vincent on the southern outskirts of Perth where 98.8% of properties sold above their previous selling price with an average gross profit of $207,000
The worst performing location in terms of the proportion of properties that sold at a loss was Kwinana on the southern outskirts of Perth where 15.6% of properties sold below their previous selling price with an average lose of $23,500.
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Perth's Nedlands leads nation with best resale profit of $467,500

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Western Australia's consumer watchdog Consumer Protection has won a legal victory in its campaign against rent-to-buy property schemes with the operators of <a href="https://www.sellhouseseasy.com.au/" target="_blank">www.sellhouseseasy.com.au</a> served with a Supreme Court interim injunction preventing them from engaging in alleged misleading and deceptive conduct.

The injunction is in place until a trial takes place in relation to the allegations made against the operators of the website - siblings Patricia Mirawati Susilo and Bryan Artawijaya Susilo of Applecross.
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WA’s Consumer Protection also alleges that they are operating as real estate agents without the required licence.
Bryan Susilo told Property Observer he would not respond or comment until Consumer Protection "adjusted" their media statement.
"It's not what the judge actually ordered," he said.
A spokesperson for Consumer Protection told Property Observer there would be no changes to its <a href="https://www.commerce.wa.gov.au/Corporate/Media/statements/2013/06/Supreme_Court_injunctions_agai" target="_blank">press release, issued on June 10.</a>
"Our media statements go through a rigorous approvals process, which includes our Legal Unit, before release and we believe it is an accurate summary of the Court Orders.
"There are no plans to retract or amend the release," he said.
Consumer Protection <a href="https://www.propertyobserver.com.au/western-australia/was-consumer-protection-takes-legal-against-rent-to-buy-property-scheme-after-tenant-sells-portable-swimming-pool/2013022559509">sought the injunction in October last year</a>, after alleging that the Susilos engaged in misleading and deceptive conduct in breach of Australian Consumer Law.
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On a video on the site, the Susilos refer to their business as "your friendly real estate pawn shop".
Consumer Protection alleges that the Susilos accepted <a href="https://www.propertyobserver.com.au/industry-news/wa-consumer-protection-targets-rent-to-buy-property-scheme-that-took-david-beckham-jersey-in-lieu-of-deposit/2012101557170" target="_blank">wedding rings and various family collectables</a>, including a Real Madrid football jersey signed by David Beckham, in cases where tenant/buyers could not afford the upfront fees.
Rent-to-buy schemes are targeted at people who don’t qualify for home loans. Buyers agree to pay rent to the seller in return for being able to purchase the property at a later date.
While they are not illegal they have come under increasing scrutiny from regulators.
Consumer advocate Neil Jenman, a long campaigner against rent-to-buy schemes, calls them “dangerous scams” that are “designed by predators who prey on the poor”.
“They are a complete rip-off and should be outlawed," Jenman said in 2007.
In February Consumer Protection lodged a Supreme Court writ against the<a href="https://www.propertyobserver.com.au/western-australia/was-consumer-protection-takes-legal-against-rent-to-buy-property-scheme-after-tenant-sells-portable-swimming-pool/2013022559509" target="_blank"> promoter of another rent-to-buy property scheme</a>, alleging the company and its director misled consumers, after a tenant/prospective buyer allegedly sold an above-ground swimming pool, valued at more than $16,000, despite not being the owner of the property.
The Susilos describe themselves on their website as "part of a group of real estate investors who buy residential property in all areas throughout Australia! Any price, any condition!"
 
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Other statements in the Frequently Asked Questions section of the website include:
Q: Why should I contact you?
"We can buy your house fast. Agents can't.
Q: If you buy my house before the banks foreclose, will that save my credit?
 Selling your house before foreclosure is finalized may prevent foreclosure and/or bankruptcy from appearing on your credit report, which is usually better for your credit (think of it as amputating an infected leg to save your life)."
The interim injunction granted to WA’s Consumer Protection requires that the Susilos publish statements on their website "clarifying the nature of their business and clearly outlining the purchasing and rental arrangements for the properties they are advertising for sale under the scheme".
It requires that they "make the terms of their contracts clearer to consumers in relation to the ownership of the property and the purchasing arrangements between the owner and prospective buyer/tenant".
"They must also provide purchasers with a notice setting out a payment schedule and timeframe, as well as outlining the consequences should the buyer/tenant not be in a position to purchase the property at the end of the contract period," said WA Department of Commerce in a statement.
"Claims in their advertising that a loan from a bank or other financial institution is not required to purchase the homes will need to be qualified with “Bank or other financial institutions aren’t required to assist in all cases”.
"The injunctions prevent the promoters from representing that they own or have interests in properties unless they are the owner or have the represented interest.
"They must also indicate that the sale price and instalment payments being advertised are approximate amounts only.
"The promoters must provide both owners and prospective buyers/tenants with a written notice stating the exact nature of the scheme they are proposing, at least seven days before any contracts take effect."
Commissioner for consumer protection Anne Driscoll said the injunctions will give greater clarity to those who might be considering this particular scheme.
“The Supreme Court’s decision acknowledges the need for greater clarity about these complex rental and purchase arrangements and the need for both parties to know their rights and financial obligations before signing any contracts,” she says.
“We would urge anyone who is contemplating a rent to buy property proposal to seek legal and financial advice before committing to a contract, as there are many aspects of these schemes that require careful consideration.”
“We would strongly recommend that, if buyers or sellers of WA properties decide to deal with an intermediary, they only deal with licensed real estate agents. This gives much greater protection as there are laws that are designed to uphold consumer rights and safeguard their financial interests.”
In August 2011, the Commissioner warned consumers about rent to buy property promoters No Loan Home Pty Ltd (trading as Perth’s Easyhomes WA), its sole Director Filip (Fil) Butkovic and employee Nikola (Nik) Butkovic.
In May 2012, the Supreme Court ruled the scheme was illegal because the promoters were not licensed real estate agents.
 
 
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Perth rent-to-buy property scheme promoters hit with injunction ahead of trial

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Nearly half a million people in WA have indicated they plan to move house in the next three years with a strong push by renters looking to buy, according to the Australian Bureau of Statistics.
Most (87%) of the 491,000 adults planning to move want to stay within WA, according to the results of the 2012 WA Housing Motivations and Intentions Survey released today. The remainder will either move interstate or overseas or were unsure where they would move.
Just over half of those looking to move within WA were renters.
Most people looking to move within WA said they would prefer their next dwelling to be a separate house.
Of those looking to move, just under half had lived in their current home for less than two years and a 24% had lived in their current home for between two and five years.
Of the 429,000 adults planning to move within WA, 47% planned to move within the next 12 months.
And 61% intended to move within the Greater Perth area, with 4% to move from elsewhere in WA to Greater Perth.
Appearance and layout was a decisive factor when choosing a new place to live for just under half those looking to move while 44% said a better quality residence was important.
Familiarity with an area was a strong influence when choosing their future location for 42% of future movers within WA, while being close to family or friends and access to facilities and services such as shops or schools mattered to 38%.
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