Longstanding Gold Coast and Canberra developer <a href="https://www.apartments.com.au/developers/morris-property-group">Morris Property Group</a> is continuing to roll on with its Glitter Strip apartment pipeline, seeking to return to Mermaid Beach with a new 68-apartment development.

Morris, founded by Barry Morris in 1978 and one of the Gold Coast’s most prolific apartment developers over the past two decades, has filed plans for a 12-storey mixed-use building at <a href="https://www.apartments.com.au/new-apartments/36-seabeach-avenue-mermaid-beach-qld-4218">34-36 Seabeach Avenue</a>, on the prized eastern side of the Gold Coast Highway.

The 1,227 sqm site occupies a prominent corner position at Seabeach Avenue and the Gold Coast Highway, opposite the Mermaid Plaza retail and office precinct and around 140 metres walking distance from the future Mermaid Beach South light rail station.

<a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser &amp; Partners</a> has designed the project, which will comprise 68 apartments across a mix of 48 two-bedroom and 20 three-bedroom residences.

The building will rise 12 storeys, reaching a maximum height of 36 metres, with the apartments accounting for a total of 156 bedrooms. The development application also seeks approval for short-term accommodation across the 68 apartments, while two office tenancies are proposed at ground level.

The plans show 108 car spaces across the development, with parking accommodated at ground level and within a three-level basement accessed from Seabeach Avenue.

<img alt="Seabeach Avenue and the Gold Coast Highway" data-entity-type="file" data-entity-uuid="c2175c99-12fd-4a3c-9be1-89bbf258a90d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-20%20at%202.59.41%E2%80%AFPM_0.png?VersionId=iNLzWcE6gaAE76rafhEXfHve.4g4Se0p" />

Resident amenity will be concentrated on level two, where Fraser &amp; Partners has designed a recreation deck with a swimming pool, 90 sqm pool terrace, outdoor barbecue area and gym.

The broader communal offering will also incorporate landscaped spaces, with the planning documents noting the amenity has been designed to provide areas for recreation, social interaction and outdoor living.

The proposal would continue the transformation of the Gold Coast Highway corridor through Mermaid Beach ahead of the arrival of the light rail.

The site is zoned Neighbourhood Centre and sits within the Mermaid Beach/Broadbeach Light Rail Corridor neighbourhood plan. While the prescribed building height is 24 metres, the site is identified within an Urban Neighbourhood context providing for a 50 per cent height uplift to 36 metres.

Planning documents describe the stretch of the Gold Coast Highway between Broadbeach and Nobby Beach as increasingly characterised by medium and high-rise development, with the proposed Morris tower joining projects including Ventura, The Alfred, Oceans and Otto.

<img alt="Seabeach Avenue and the Gold Coast Highway" data-entity-type="file" data-entity-uuid="911f193f-e381-4a55-be08-58be87fcf978" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-20%20at%202.59.48%E2%80%AFPM.png?VersionId=oxVvLJaY.SOXEdXrIcogfyEXDfvCmmpM" />

The development would mark Morris Property Group's latest investment in Mermaid Beach, where it has already delivered two apartment projects.

Otto, at 1 Bondi Avenue on the western side of the Gold Coast Highway, comprises 70 apartments across nine storeys. The project was completed in 2019 and includes a residents' gym, recreation deck and swimming pool.

Morris also developed Oceans at 46 Ocean Street, a nine-storey, 70-apartment build-to-rent development completed in 2019. Oceans was the group's first build-to-rent project and incorporates commercial space at ground level.

The two existing Morris projects sit further north along the same Gold Coast Highway corridor as the proposed Seabeach Avenue development. Fraser &amp; Partners' planning analysis specifically identifies both Otto and Oceans among the established built-form precedents surrounding the site.

<img alt="Seabeach Avenue and the Gold Coast Highway" data-entity-type="file" data-entity-uuid="14925119-7b71-4812-8149-340317512c7c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-20%20at%203.00.15%E2%80%AFPM.png?VersionId=aEJqYuw_nTCjcin17BSD0piB1EFotTlj" />

Mermaid Beach represents only part of Morris' considerable Gold Coast footprint.

The family-owned developer has been particularly active in neighbouring Broadbeach, delivering projects including Sierra Grand, Eclipse, Synergy, Qube, Koko, Opus and Malo, while its current pipeline includes Maison and the two-tower Crest development.

Further south, Morris has also developed a string of projects in Burleigh Heads, including Element, Boardwalk and Sandbar, while Essentia expanded its footprint north into Surfers Paradise.

The Seabeach Avenue application has been lodged by PMM Broadbeach Pty Ltd and seeks a development permit for a Material Change of Use for multiple dwellings, short-term accommodation and office uses. Zone Planning Group prepared the planning application, with Fraser &amp; Partners commissioned as architect.

The project comes as the developer continues to expand its Gold Coast pipeline while retaining a significant presence in Canberra. Morris now has more than $2.5 billion of development in its national pipeline and has delivered more than 7,000 homes during its near five-decade history

Joel Robinson

First look: Morris Property Group returns to Mermaid Beach with new Seabeach Avenue apartment development

<a data-saferedirecturl="https://www.google.com/url?q=https://www.apartments.com.au/developers/fortis&amp;source=gmail&amp;ust=1787272340808000&amp;usg=AOvVaw3hvFB2uWTRfEyEcpTSnnK9" href="https://www.apartments.com.au/developers/fortis" target="_blank">Fortis</a>&nbsp;is continuing its stronghold on Sydn​ey’s eastern suburbs apartment market, launching&nbsp;in September&nbsp;its latest boutique&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://www.apartments.com.au/developments/double-bay-nsw-2028&amp;source=gmail&amp;ust=1787272340808000&amp;usg=AOvVaw0GI5S9-wNeiLUnM-d1uYkw" href="https://www.apartments.com.au/developments/double-bay-nsw-2028" target="_blank">Double Bay</a>&nbsp;development,&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://www.apartments.com.au/new-apartments/55-william-double-bay-55-william-street-double-bay-nsw-2028&amp;source=gmail&amp;ust=1787272340808000&amp;usg=AOvVaw2YNouJQcFjiTTgVHbgDLA-" href="https://www.apartments.com.au/new-apartments/55-william-double-bay-55-william-street-double-bay-nsw-2028" target="_blank">55 William</a>.

55 William presents&nbsp;just eight north-facing&nbsp;two-bedroom, three-bedroom and full-floor&nbsp;residences to the market, priced from $4.5 million.

The upcoming launch comes just weeks after Fortis secured approval for the $80 million development, its third eastern suburbs approval in two months. Construction is already underway, with completion targeted for 2028.

[smartcode_project:default project_id=152579 project_image_fid=376250]

55 William adds to a growing concentration of Fortis projects in and around Double Bay, a market the developer has become increasingly active in over recent years.

Fortis previously completed the nine-residence Marmont on New South Head Road, while it is currently developing a mixed-use residential and retail project at 12 Cross Street. Its wider Double Bay footprint also extends into commercial and retail development.

The developer's broader Sydney residential pipeline is particularly concentrated across the eastern suburbs, with projects spanning Doub​le Bay, Ro​se Bay, Wo​ollahra, Dar​ling Point, Poi​nt Piper and Eli​zabeth Bay.

[smartcode_project:default project_id=152579 project_image_fid=376253]

At 55 William, Fortis has again turned to MHN Design Union, the architecture practice behind several of its eastern suburbs projects, while London-based 1508 London has been appointed to handle the interiors and Wyer &amp; Co the landscaping.

The six-level building will comprise a combination of two and three-bedroom apartments, including a garden residence, full-floor apartments, a sub-penthouse and penthouse. Each residence will have secure basement parking and private outdoor space.

A rooftop terrace for all residents, along with select apartments, enjoys views across Double Bay Harbour and toward the Sydney skyline.

Ceiling heights will reach up to three metres&nbsp;in select residences, while the kitchens will feature natural stone and integrated Gaggenau appliances.

&nbsp;

&nbsp;

The boutique nature of the project reflects the type of stock Fortis has increasingly targeted across Sydney's eastern suburbs, where larger apartments and smaller buildings are being pitched primarily toward local owner-occupiers and downsizers.

Fortis Group General Manager Ed Eve said the developer continues to see demand from buyers wanting to remain in the eastern suburbs but move into newer, lower-maintenance housing.

“We're seeing continued demand from local owner-occupiers and downsizers looking for high-quality homes that allow them to remain in the eastern suburbs, close to the lifestyle and community they know,” Eve said.

55 William is also one of the early projects to respond directly to the NSW Government's Low and Mid-Rise Housing reforms. Fortis had previously secured approval for just two townhouses on the 599 sqm site before revising the scheme to eight apartments following the planning changes.

Situated one street back from Double Bay's water's edge, the project enjoys an enviable harbourside setting within walking distance of Double Bay Village and the ferry wharf.

[smartcode_project:default project_id=152579 project_image_fid=376252]

Fortis has increasingly made the eastern suburbs a major focus of its Sydney pipeline. Beyond Double Bay, it recently completed the 14-residence Piper in Point Piper and has projects underway or planned across Rose Bay, Woollahra and Darling Point.

The developer recently secured approval for Verano in Rose Bay, a six-level development comprising 21 two, three and four-bedroom apartments, also designed by MHNDU.

55 William&nbsp;is soon to be release to the market with VIP appointments commencing early September,&nbsp;with residences priced from $4.5 million.

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Fortis continues eastern suburbs push with 55 William launch

UAE-based developer Arada has unveiled plans for a $2 billion twin-tower apartment development in Broadbeach, marking its first move into Queensland as it continues its rapid expansion across Australia.

Arada will develop 952 apartments across two towers on a prominent site opposite the Gold Coast Convention and Exhibition Centre, with the project targeted for completion ahead of the Brisbane 2032 Olympic and Paralympic Games.

The project represents Arada's largest commitment to the Australian market since arriving in the country in 2024 and significantly expands a local pipeline that has now grown to eight projects and more than 5,000 homes.

It will also be the first major Queensland project delivered by Roberts Co since the tier-one contractor was acquired by Arada Group in 2025.

Plus Studio has designed the Broadbeach development, which will comprise one, two and three-bedroom apartments across two towers connected by a landscaped podium.

A significant resident amenity offering will include lagoon and lap pools, a gym, sauna and steam room, alongside a mist room, infrared room and salt scrub facilities. Communal terraces, private dining areas, a library, residents' lounge and work-from-home spaces are also planned. Around 1,200 sqm of retail and hospitality space will occupy the ground floor.

The site puts Arada in one of the Gold Coast's most active apartment markets, directly opposite the convention centre and within walking distance of Pacific Fair, The Star Gold Coast and Broadbeach's dining and retail precinct.

It also has immediate access to the Gold Coast light rail network and sits just a few blocks from the beach.

Arada Group Chief Executive Ahmed Alkhoshaibi said Broadbeach represented an opportunity for the developer to expand beyond its initial NSW pipeline.

“Broadbeach is a world-class address that gives us the canvas to create a community of exceptional design and lifestyle quality that genuinely enriches the daily lives of the people who call it home,” Alkhoshaibi said.

“This is our first development outside New South Wales, and it reflects our growing ambition to grow in key urban markets around the country.”

Alkhoshaibi said bringing Roberts Co into the project would give Arada greater control over the development and construction process.

“Delivering this project through Roberts Co, our own tier-one construction business, means we can bring the quality, pace and accountability that our buyers expect.”

The move into Broadbeach comes as Arada accelerates its Australian expansion following its entry into the market two years ago. The developer has assembled a pipeline of eight projects comprising more than 5,000 homes, while the acquisition of Roberts Co last year gave the group its own Australian construction capability.

Globally, Arada has a development portfolio valued at $50 billion comprising more than 55,000 homes across the UAE, United Kingdom and Australia.

The Gold Coast is emerging as the next major market for the developer, with strong population growth and infrastructure spending ahead of the 2032 Games continuing to underpin significant apartment development across the coastal strip.

Arada plots $2 billion Broadbeach towers in major Queensland move

Sydney’s downsizer market is changing, with a growing cohort of buyers prioritising the right home over simply finding a smaller one.

Coronation Property Head of Sales Cam Porter says the traditional idea of downsizing does not necessarily reflect what many buyers are now looking for, particularly those moving from established family homes across Sydney.

Instead, he says they are increasingly becoming “right-sizers”, seeking lower-maintenance homes without sacrificing the space, amenity or quality they have become accustomed to.

“We are increasingly seeing buyers who are not motivated by the idea of simply moving into a smaller property,” Porter says.

“They are right-sizers. They want a home that is easier to manage and better connected, but they still expect generosity, quality and a floorplan that supports the way they live.”

It is a subtle but important distinction in a market where apartment developers are increasingly targeting established owner-occupiers.

[smartcode_project:default project_id=135149 project_image_fid=377495]

For many of these buyers, moving from a house to an apartment is not driven by a desire to dramatically reduce their living space. Instead, the appeal is in removing some of the maintenance associated with a larger home while retaining generous living areas, storage and enough flexibility to accommodate family and friends.

Coronation’s sales team is seeing buyers place particular importance on natural light, practical storage and additional rooms that can be used as guest bedrooms, home offices or secondary living spaces.

Kitchens and dining areas are also playing an increasingly important role, particularly for buyers who regularly entertain or have children and grandchildren visit.

[smartcode_project:default project_id=135149 project_image_fid=377494]

“These buyers still want their home to feel generous,” Porter says.

“They may want less maintenance, but they are not looking for less life.”

The challenge for the broader housing market is providing enough of the right stock to encourage that move.

While much of the discussion around Sydney’s housing shortage has centred on the number of homes being delivered, Porter says the diversity of those homes is equally important.

Older homeowners can remain in large family houses for longer when they cannot find an appropriate alternative in the neighbourhoods where they have built their lives.

“The decision is rarely as simple as wanting fewer bedrooms,” Porter says.

“People are weighing up their connection to a neighbourhood, the space they need for family, the quality of the home and whether it will continue to work for them over the long term.”

It also has implications beyond the downsizer market. Providing suitable apartments for smaller households can free up established houses for families who need the additional bedrooms and land, creating greater movement through the housing market.

<h2>Lillian targets the next stage of apartment buyer</h2>

It is a buyer Coronation is targeting at <a href="https://www.apartments.com.au/new-apartments/lillian-erskineville-9-metters-street-erskineville-nsw-2043">Lillian</a>, its new collection of apartments, terraces and penthouses at Erskineville Village.

Designed by Silvester Fuller, Lillian has been shaped around larger living spaces, natural light and flexible floorplans, alongside landscaped areas, wellness amenity and communal spaces for residents.

The development will form part of Coronation’s broader Erskineville Village precinct, which will combine new homes with green space, retail, hospitality and new pedestrian connections.

[smartcode_project:default project_id=135149 project_image_fid=377688]

McPherson Park will sit at the centre of the precinct, creating a significant new green space alongside the project’s retail and hospitality offering.

For Porter, the opportunity is to give buyers another housing option without forcing them to leave the part of Sydney they already know.

“People should be able to change the type of home they live in without having to change their entire life,” he says.

“For many buyers, Lillian offers the opportunity to remain connected to the Inner West and the city, while gaining access to a more convenient, walkable and considered way of living.”

[smartcode_project:default project_id=135149 project_image_fid=377687]

Coronation will explore the changing <a href="https://lillianresidences.com.au/news/lillian-x-space-x-downsizers-event-27-august/">right-sizer market at an event on August 27</a>, bringing together experts across property, design and lifestyle.

Held in partnership with SPACE, Poliform and Downsizer.com.au, the event will include a property market outlook from economist Michael Blythe alongside discussion around the considerations facing buyers planning their next move.

Attendees will also be able to learn more about the residences and amenity planned at Lillian Erskineville.

[smartcode_project_cta:default project_id=135149]

From downsizing to right-sizing: What Sydney buyers want from their next home

Family-owned builder and developer <a href="https://www.apartments.com.au/developers/omaya">Omaya</a> is bringing its 27-storey The Maybelle development to market, with the 229-apartment tower rising alongside Ismay Reserve near North Strathfield.

<a href="https://www.apartments.com.au/new-apartments/the-maybelle-21-parramatta-road-homebush-nsw-2140">The Maybelle</a> will comprise one, two and three-bedroom apartments, with its height providing elevated outlooks towards the Sydney skyline and Harbour Bridge, while other residences will look across neighbouring Ismay Reserve.

Designed by <a href="https://www.apartments.com.au/architects/squillace-architects">Squillace Architects</a>, the tower combines its parkside setting with proximity to the established retail, dining and transport amenity around North Strathfield.

[smartcode_project:default project_id=134873 project_image_fid=376196]

Residences will feature open-plan living spaces and a choice of two interior schemes, while communal amenity is spread across two elevated levels of the building.

Level 8 will be home to the Garden Pavilion, a full-floor resident space incorporating communal entertaining and breakout areas, seating and recreation spaces. Further up the tower, a landscaped Sky Terrace on Level 14 will provide another communal area with panoramic views towards the Harbour Bridge and Sydney skyline.

At ground level, the development sits directly alongside Ismay Reserve, where lawns, walking paths, children's play areas, picnic spaces and recreational facilities extend the green space available immediately around the project.

[smartcode_project:default project_id=134873 project_image_fid=376194]

The Maybelle is also within walking distance of North Strathfield and the Bakehouse Quarter, which provides a mix of cafés, restaurants, shops and everyday services.

Existing rail and bus services provide connections across Sydney, while the future North Strathfield Metro and access to the M4 will add to the transport options available around the precinct. Walking and cycling routes also extend via Powells Creek towards Sydney Olympic Park and its sporting, entertainment and parkland precincts.

Families are also well positioned for access to a broad selection of established schools and education options across Strathfield and the surrounding Inner West.

[smartcode_project:default project_id=134873 project_image_fid=376181]

Omaya has operated in Sydney for more than 35 years, managing projects from acquisition and design through to construction and delivery. The family-owned company is both developer and builder of The Maybelle.

Apartments start from $560,000, with the development protected by 10-year Latent Defects Insurance.

Construction is well underway, with completion expected by the end of 2026 and move-in anticipated from Q1 2027.

[smartcode_project_cta:default project_id=134873]

The Maybelle brings 27-storey parkside tower to market near North Strathfield

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>

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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?

New apartment developments with uninterrupted, north-facing views over Perth's Swan River are exceptionally rare.

Recognising just how limited those opportunities are, <a href="https://www.apartments.com.au/developers/edge-visionary-living">Edge Visionary Living</a>, one of Perth's most respected builder-developers, targeted <a href="https://www.apartments.com.au/developments/applecross-wa-6153">Applecross</a>, assembling an unrepeatable 6,342 sqm riverfront site on the corner of Moreau Mews and Canning Beach Road to create one of Perth's only new north-facing apartment developments directly overlooking the Swan River.

Today, <a href="https://www.apartments.com.au/buildings/riviere-residences-applecross-59-canning-beach-road-applecross-wa-6153">Rivière Residences</a> offers buyers a unique opportunity to choose between completed residences ready to move into now and off-the-plan homes in the final stage, Rivière West.

[smartcode_project:default project_id=28384 project_image_fid=3823]

Across the completed East and Central buildings, residents are already enjoying the development's luxury amenity, while two of the precinct's hospitality venues are now open.

The completed component of the development gives buyers the advantage of experiencing the finished product firsthand, including its uninterrupted river views, while still having the opportunity to secure a residence in the final stage.

"People are wowed by the view and the quality of the apartments,"&nbsp;Edge Visionary Living Sales Executive, Holly McSweeney, says.

"They're looking for the convenience of lock-and-leave living, but they're not looking to downsize on quality."

[smartcode_project:default project_id=28384 project_image_fid=3826]

The rarity of the development hasn't been lost on prospective buyers, McSweeney says.

For McSweeney, it all comes back to a location that is becoming increasingly difficult to replicate.

"Location, location, location," she says. "We are nestled right on the front of the Swan River. You can never get built out, so wherever you are in Rivière Residences, you've got views of the river forever."

The unique waterfront position has resonated particularly strongly with local downsizers. McSweeney says many buyers are long-time Applecross residents looking to transition from large family homes into a luxury apartment without sacrificing space, quality or the lifestyle they've enjoyed for decades.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/N_FowNW0wu8?si=vb25XFq1wZ-iufAW" title="YouTube video player" width="560"></iframe>

A major focus for Edge in recent years has been resident amenity. Across its apartment portfolio, from beachfront developments in Scarborough to luxury towers in South Perth, the developer has increasingly invested in the spaces beyond the apartment itself.

The strategy has largely been shaped by downsizer demand. Many buyers are moving from large family homes with swimming pools and established gardens. While they're looking to leave the maintenance behind, they don't want to compromise on lifestyle.

At Rivière, <a href="https://www.apartments.com.au/architects/hillam-architects">Hillam Architects</a> designed the resident facilities as an extension of each apartment. A 25-metre heated swimming pool takes advantage of the north-facing river outlook, complemented by a large gym, sauna and steam rooms, private dining spaces, residents' lounges, a cinema, games room, and dedicated wine and whisky rooms.

[smartcode_project:default project_id=28384 project_image_fid=372542]

The waterfront location has also proved to be a major drawcard. Residents are within walking distance of the Raffles Hotel, South of Perth Yacht Club, the Heathcote Cultural Precinct and the cafés, restaurants and boutiques along Ardross Street.

Beyond the location and amenity, McSweeney says many buyers take confidence from Edge's fully integrated development model.

Having delivered apartments across Perth for decades, Edge now designs, develops and constructs its projects in-house, giving the company greater control over quality, delivery and the finished product.

"What I love is when people walk through their apartment for the first time and say, 'This is better than what we imagined,'" McSweeney says. "We hear that all the time."

Completed apartments in the East and Central buildings are now available to inspect by appointment, while Rivière West, the final stage of the precinct, is expected to be completed in the first quarter of 2027.

[smartcode_project_cta:default project_id=28384]

North-facing Swan River views drive demand at Rivière Residences in Applecross

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Perth's median house price rose 3.2% over the June quarter - the greatest quarterly rise since December 2009, according to Australian Property Monitors.
Perth’s house prices have increased 7.5% over the 2013 financial year – the strongest performance of any capital city housing market, according to APM's latest housing market report.
"Perth’s median house price has now risen for 6 consecutive quarters, and is now at an all-time high of $584,487," the report says.
"The strength of the Western Australian economy is a key driver of the Perth housing market, evidenced by the lowest unemployment rate of any state, at 4.6 percent in July"
 
<img height="347" width="470" src="/images/stories/2013/08/aug27apm/apm-aug-26-chart-7.gif" alt="apm-aug-26-chart-7">
 
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Perth house prices rise 3.2% over quarter - most since 2009

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A five-bedroom home on the former Prix D’Amour site in Mosman Park is on the market for $7.5 million plus.
Located at 31 Owston Street, the property features floor to ceiling glass walling, a theatre, outdoor kitchen and an infinity pool. 
It also includes a 45-metre Swan river view corridor.
Private property developer Arash Shakibaee bought the 1,110-square-metre lot in 2007 for $3.8 million.
The Prix D’Amour site previously boasted a 16-block mansion owned by Gina Rhinehart’s former step mum Rose Porteous and Lang Hancock.
Porteous commissioned the demolishment of Prix D’amour in 2006 and the 8,100-square-metre site was subdivided into lots.
<img src="/images/stories/2013/07/yieldsbanner.jpg" alt="yieldsbanner" width="470" height="127">
Peter Burns of <a href="https://www.mackhall.com.au/for-sale/mosman-park/owston-31-street/263910.aspx" target="_blank">Mack Hall Real Estate</a> has the listing.
The median house price in <a href="/news">Mosman Park</a> is $1.185 million, a 12.2% decline in the past five years, according to RP Data.
<img src="/images/stories/2013/05/trophyhomesstrapone.jpg" alt="trophyhomesstrapone" width="470" height="57">
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Prix D'Amour Perth estate trophy home listed for $7.5 million

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Perth has demonstrated positive capital growth over the last two decades, according to the latest report by property analyst Residex.
The report, which covered both metropolitan and country areas for each capital city, showed that the Perth house market has shown capital growth at an average of 8.56% per annum in the last 20 years.
Capital growth for Perth houses increased by 7.13% in the twelve months to July this year. It also increased by 1.34% from the last quarter.
The Perth unit market has also shown positive capital growth at an average of 7.83% per annum.
Capital growth for Perth units increased by 4.94% in the twelve months to July this year. It also increased by 0.81% from the last quarter.
According to Residex, the median house price in Perth is currently $510,000, while median rental yield is 4.86%. Median asking rent for July this year stood at $475 per week, up 5.56% on last year, where median asking rent was $450 per week.
The median unit price in Perth is currently $452,000, while median rental yield is 5.16%. Median asking rent for July this year stood at $445, and remains unchanged on last year.
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Perth shows solid 20 year capital growth: Residex

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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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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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