<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" />

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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>

Joel Robinson

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

The Minns Labor Government has established the new Bays West Delivery Authority to lead the development&nbsp;of the Bays West Precinct and Blackwattle Bay Precinct.&nbsp;

The Authority is charged with creating Sydney’s newest precinct, a thriving, connected, sustainable hub with White Bay Power Station as its cultural heart. Its vision is to build on the area’s natural, cultural and industrial history to shape a vibrant new neighbourhood.

The precinct will deliver up to 8,500 well-located homes, including a minimum of 10 per cent affordable and essential worker homes. Combine new housing with public open space, opening public access to the waterfront for the first time in more than 100 years, while retaining important deep-water facilities to support Sydney’s working harbour.

Located just minutes from the Sydney CBD and connected to a world-class metro, ferry, walking and cycling links, the Bays West precinct will rebalance housing growth towards well-serviced inner-city locations and help tackle the state’s housing crisis.

The Bays West Delivery Authority,&nbsp;an agency of the Department of Planning, Housing and Infrastructure, will report to the NSW Minister for Lands and Property who already has oversight of major precinct renewal projects including at Blackwattle Bay and Barangaroo.

As part of the broader Bays West transformation, the Minns Government recently announced that a proposal from Lendlease to redevelop part of the Bays West Precinct has progressed to Stage 2 of the NSW Government’s unsolicited proposals process.

<img alt="Sydney" data-entity-type="file" data-entity-uuid="2ed71eb9-d8e8-4fa7-b9d1-de4531dcf2f3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-25%20at%209.42.31%E2%80%AFAM.png?VersionId=IDryFIbped9SNDg72LEN_EecvhUsOPvp" />

The Minns Labor Government has also confirmed the Bays West precinct will have a new suburb name. This will be the first major suburb built in close proximity to Sydney’s CBD in decades and will encompass the area currently being referred to as Bays West, including Glebe Island and the White Bay Power Station. Served by a new Metro station just five minutes from the CBD, it will become one of the most populous suburbs in the Inner West and one of Sydney’s premier cultural destinations.

An early works program is taking shape, which&nbsp;includes the first stages of an international design competition.&nbsp;

The aim of the Bays West&nbsp;International&nbsp;Design Competition is to&nbsp;ensure design excellence is embedded in the project from the start. The competition will deliver an&nbsp;urban framework that defines the character, ambition and long-term identity of&nbsp;this&nbsp;former industrial precinct as it transitions to a vibrant, inclusive and sustainable residential&nbsp;neighbourhood.

The competition will be led by the Bays West Delivery Authority in partnership with Government Architect NSW.&nbsp;

It will launch with an invitation for a global Expressions of Interest, before moving to an invitation-only stage that will be assessed by a panel that&nbsp;will provide advice to Cabinet who will select a winner.

Premier of NSW, Chris Minns said the establishment of the new Authority is the first step in transforming the Bays West precinct into a vibrant, livable suburb minutes from the Sydney CBD and two stops from Hunter St Station on the Metro West line.

“The Authority will deliver well-located homes close to the heart of the city and integrate the new precinct with Blackwattle Bay and the new Sydney Fish Market.

“This is a generational opportunity to build a new suburb on the city’s edge and open the harbour foreshore to the public for the first time in a century.”&nbsp;

Minister for Lands and Property Steve Kamper said the new Bays West Delivery Authority established by the Minns Government will turbocharge the development of Sydney’s newest suburb.

“The Authority is working at a record pace to deliver an international design competition, planning pathways and a financial model so that this development benefits Sydney with well-designed homes in a central location, close to public transport, jobs, entertainment and essential services.

“If we want Sydney to stay liveable and affordable, we need to be bold about using underutilised government-owned land to deliver homes for the future while making sure essential working harbour functions can be accommodated.”

Bays West Delivery Authority established to "turbocharge" Sydney’s newest suburb

Around 400 additional homes could be built at Southwark Grounds on Port Road, lifting total site capacity from 1300 to around 1700 dwellings.

A recently approved code amendment would allow apartment towers of up to 14 storeys in some areas of Renewal SA’s redevelopment of the former West End Brewery.

Renewal SA Acting Chief Executive Shane Wingard said he welcomed the code amendment, with the increase in heights and homes making a positive impact on the supply of high-quality, well-connected housing close to the city.

“By going higher across some parts of Southwark Grounds, we are adding a substantial number of very well-located homes with little impact on project delivery time or planned open space,” Mr Wingard said.

Since the project officially launched in 2025, Mr Wingard said more than 12,000 enquiries had been received about living at Southwark Grounds.

“The very strong early interest we’ve seen since homes were first released in the precinct reinforces our plans to create more housing opportunities,” he said.

The Southwark Grounds code amendment was launched in December last year, with community engagement undertaken over five weeks from January.

It proposed increasing maximum building heights from eight to 14 storeys on the eastern section of Southwark Grounds, and to 12 storeys across the remainder of the site, with minimum building heights ranging from two to four storeys.

The code amendment was implemented through an Early Commencement policy in late January, allowing developers to quickly explore the viability of increased height and housing yield while other planning processes continue.

One of the first developers delivering apartment sites have already finalised redesigns to increase the number of apartments following the code amendment.

Samaras’ development adjacent to the future Colonel Light Park is now planning to deliver 125 apartments across 11 storeys, significantly greater than original plans of around 50 apartments across four storeys.

The developer is also exploring the potential for additional affordable housing outcomes.

Most of the apartments at Southwark Grounds will be delivered within a master-planned precinct on a large parcel of land on the eastern portion of the site, covering around two-thirds of its 8.4 hectares.

Wingard said detailed precinct planning over the coming months may identify further opportunities to increase yield further that could see total apartment numbers at Southwark Grounds, exceed this number.

Affordable homes at Southwark Grounds will also see a net increase, with Renewal SA maintaining its commitment to a minimum of 20 per cent affordable housing across the development.

&nbsp;

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Civil works have begun across the site, with construction under way on the first new roads surrounding a townhouse precinct in the south‑west corner of Southwark Grounds. This includes Renewal SA’s 17 Founder’s Row homes, which are on track for completion by Christmas.

“We expect to have people living at Southwark Grounds by the end of the year, so delivering roads and public spaces for those residents is among our highest priorities.”

Construction of 40 townhouses off Anderson Street, known as West Village and being delivered by Contour, is forecast to begin in mid‑2026. Kolabb’s Anderson Lane development will follow shortly after, delivering a further 26 townhouses.

Southwark Grounds is a state government‑led urban renewal project now set to deliver around 1,700 homes over the next decade.

Homes will be supported by a supermarket, a range of retail and hospitality offerings anchored by a revitalised Walkerville Brew Tower, a childcare centre, car parking and well‑connected public spaces.

400 new homes planned for Adelaide's former West End Brewery site

Brisbane developer&nbsp;<a href="https://www.apartments.com.au/developers/cavcorp">Cavcorp</a> has lodged plans for a new mixed-use residential development at <a href="https://www.apartments.com.au/new-apartments/55-wyandra-street-teneriffe-qld-4005">55 Wyandra Street</a>, Teneriffe, anchored by an 85-metre public laneway designed to reconnect the suburb’s riverfront with the Gasworks precinct.

The buildings, known as Teneriffe House and Teneriffe Lane, would replace the existing Queensland Cotton head office site with a 15-storey residential tower transitioning to eight storeys toward Helen Street. The project has been designed by Plazibat Architects and lodged as a code assessable development application for 93 apartments across a 3,401 sqm mixed-use site within the Newstead and Teneriffe Waterfront neighbourhood plan.

Central to the scheme is the transformation of an existing service easement into a publicly accessible cross-block connection linking Wyandra and Helen Streets. Cavcorp says the new laneway will act as both a pedestrian shortcut and a landscaped civic space between the Teneriffe Riverwalk, ferry terminal, and Gasworks precinct.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="26e7f058-b065-4de8-b13d-a2b8cb64dfcc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bldg.png?VersionId=sELS0ZKYi361oYipUa1BIKfe_.DLZoFV" />

“The revised proposal delivers a legacy public-realm cross-block link, permanently secured for community use, transforming an existing private easement into a safe, high-quality pedestrian connection between the Teneriffe heritage riverwalk and the Gasworks–Long Island precinct,” the planning report states.

The laneway will sit beneath a large subtropical loggia integrated into the podium levels of the development. The design incorporates deep landscaping, water gardens, lobby spaces, business lounges, and ground-floor apartments to create what Cavcorp describes as a climate-responsive “urban verandah.”

The tower itself has been designed as a slender form with recessed floorplates and curved translucent corners inspired by contemporary Japanese architecture. The building height aligns with the Commercial Road precinct controls, which permit towers up to 15 storeys within proximity to Longland Street.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="a8a17d40-43b6-4718-b3fd-67676fcbb485" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers%202_1.png?VersionId=i3VwDtp5AmL_8InW7w4qRbDFEpb744Jt" />

The project will comprise a mix of larger-format apartments aimed at owner-occupiers, downsizers, and families. The proposed apartment mix includes 11 loggia apartments across the lower levels, 50 four-bedroom Sky-Terrace apartments from levels three to seven, and 32 Sky-Pool Homes occupying the upper tower levels. The Sky-Pool Homes will feature private thermal plunge pools integrated into oversized balconies.

According to the application, the apartments are intended to reinterpret the scale and character of Teneriffe’s woolstore conversions and Queensland homes within a vertical residential format.

“The sky-pool homes build on Cavcorp’s previous projects and introduce a distinct apartment typology to Teneriffe, informed by both local and international precedent and responding to an identified market demand for enhanced safety, space and amenity,” the planning submission notes.

A major focus of the proposal is its five-level wellness and lifestyle offering, extending from the basement through to the rooftop.

Amenities proposed include a rooftop Swim &amp; Racquet Club with a 25-metre Olympic lap pool and tennis court, coworking spaces and libraries, golf simulators, wine storage, concierge facilities, business lounges, pet wash areas, and rooftop longevity-focused wellness spaces with spas, outdoor fitness zones, and landscaped terraces.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="944b352c-49b9-4247-a4c6-5967b4b69fda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenity.png?VersionId=Ed_qKjAtMwFT.5gfl3jiA9QwdWxSMsaX" />

All parking will be concealed within basement levels accessed from Wyandra and Helen Streets. Cavcorp says the deep-basement engineering approach allows the entire ground plane to prioritise landscaping, pedestrian movement, and active frontage rather than vehicle infrastructure.

The development continues Cavcorp’s concentration in Newstead and Teneriffe, where the Brisbane developer has delivered a number of apartment projects including Lucent, Le Bain, and Luminare, as well as the Long Island Wellness Precinct nearby. Several of those projects have received national design and architecture awards, including recognition under Brisbane’s “Buildings that Breathe” program.

Cavcorp unveils wellness-focused Teneriffe House and Teneriffe Lane apartment buildings

Focus Group Investments has lodged plans for a new apartment development at <a href="https://www.apartments.com.au/new-apartments/64-70-hanover-street-fitzroy-vic-3065">64–70 Hanover Street</a> in Fitzroy, seeking to utilise the Victorian Government’s recently introduced Great Design Fast Track pathway to accelerate approvals for the project.

The proposal is among the latest developments to emerge through the state-led initiative, which was established to fast-track well-designed residential projects in activity centres and transport-connected inner-city locations. The pathway allows qualifying developments that meet elevated design and housing benchmarks to bypass traditional council planning timeframes and instead be assessed directly by the Department of Transport and Planning.

Designed by SJB, the development will comprise a mix of apartments above activated lower levels, with a strong focus on architectural articulation, landscaping, and communal amenity. The design response seeks to balance the industrial character of Richmond’s former warehouse precincts with a more contemporary residential form.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="abea51cc-d85b-479e-9aef-a589f3b37ca7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ground.png?VersionId=e1Kf8EyPWwyiVumtqQ4rM5S4GpOR3CCz" />

Proposed are 63 new dwellings, a wide ranging mix of studio, one-, two-, and three-bedroom apartments, and townhouses and duplexes. They will be spread across a part-three, part-eight storey building.

The Planning and Urban Context Report by Tract says the development is of an "exemplary architectural standard" and has been carefully crafted by SJB Architects.

"Dwellings&nbsp;will benefit from excellent access to natural light, cross-ventilation opportunities and extensive communal space," the report noted.

The architectural material highlights the project’s integration of landscaped elements and communal spaces throughout the building. The proposal also incorporates sustainability initiatives aligned with the Victorian Government’s push for higher-performing apartment developments under the fast-track program.

The Great Design Fast Track was unveiled by the Victorian Government in 2024 as part of a broader housing supply strategy aimed at accelerating the delivery of new homes. Projects assessed through the pathway must demonstrate high-quality architecture, sustainability outcomes, and housing diversity while being located close to public transport and existing infrastructure.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="afdbe834-8dc4-4a77-a943-ba07bc927348" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_11.png?VersionId=0J657j.TaChAZfp93wqJYBTqSsnREJx2" />

Focus Group, founder and led by Paul De Lutiis, is increasingly active across Melbourne’s inner suburbs, targeting well-connected urban renewal locations suited to medium and higher-density residential development. The Fitzroy proposal continues that strategy, leveraging the area’s strong transport links, established retail amenity, and proximity to the CBD.

Fitzroy has been one of the most popular spots for developers and buyers in recent years. The likes of PACE Development Group, SMA Projects, Crema Group and Chapter Group, currently selling projects in the suburb.

First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Fitzroy apartments

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

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

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

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

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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?

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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The Western Australian property market is expected to steadily improve in the coming six months, due to consumer confidence and better buying conditions, according to the Western Australian property market outlook by First National.
“Our members are looking forward to 2013 where the market is expected to build on the momentum already seen over the last six months of 2012,” says Cambell Giles, state chair and principal of First National Real Estate Giles Jones in Midland.
Perth, Peel and the south west are already experiencing a rising market in the back end of 2012 and this is expected to strengthen further in 2013.
Activity sales are expected to increase in the first half of 2013, resulting in the average number of days a property is on the market to fall.
Giles says the Port Hedland and the Newman property markets remain strong and are attractive to investors and owner-occupiers.
“Despite negative media reports, towns like <a href="https://maps.google.com/maps?ll=-20.31,118.601&amp;spn=0.1,0.1&amp;q=-20.31,118.601%20(Port%20Hedland%2C%20Western%20Australia)&amp;t=h">Port Hedland</a> and Newman will see the property market remain strong, with the region more sensitive to factors affecting the Chinese rather than the Australian economy,” says Giles.
“Early indicators show demand for resources is ramping up and iron ore prices will stabilise by mid next year, seeing confidence in this sector returned to early 2012 levels.”
However, local agents believe the Pilbara region will still dominate the property market in 2013.
Property prices are expected to gradually improve in the coming 12 to 18 months, especially where the mining and resources sector remain strong.
“The steadily improving market conditions are expected to translate into a gradual improvement in property prices with house prices, specifically <a href="https://maps.google.com/maps?ll=-31.9522222222,115.858888889&amp;spn=0.1,0.1&amp;q=-31.9522222222,115.858888889%20(Perth%2C%20Western%20Australia)&amp;t=h">Perth</a>, expected to rise,” says Giles.
On the investment side, apartment and strata property prices are expected to remain at current levels due to a steady ongoing supply, with any increase being the result of strong demand.
Investor activity is expected to increase as a result of improving rental yields and returns, but first homebuyers are expected to represent the strongest growth sector in the state.
Areas that are cheaper to buy in rather than rent include Burswood, Perth, Ascot, Girrawheen, West Perth, Ledge Point, South Hedland and Nickol.
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Pilbara still to dominate as First National's WA agents see confidence return

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<img src="/images/stories/flexicontent/s_clementflicker.jpg">
Ocean Zone, a sleek four-bedroom, three-storey Perth home with pool and subterranean parking, has been listed with $6.9 million hopes.
It's a <a href="/news">Swanbourne </a>house designed<a href="https://www.realestate.com.au/property-house-wa-swanbourne-112045407" target="_blank"> for the Campbell family by architect Kerry Hill</a>who reportedly has replicated his Hayman Island and Aman Hotels design ideas for Ocean Zone. Indeed the main bathroom has a spacious resort feel to it.
The pool is in a submerged courtyard at the side of the four-bedroom, five-bathroom house.
The narrow living area opens up to the adjacent Nedlands Council Allen Park. The block was bought from the council for $465,000 in 2000.
It's listed through Justin Davies at Space Real Estate Cottlesloe, who notes it's "one of only a handful of residential projects that this world-renowned architect has agreed to strike pen to paper for".
"The interior of the residence inspired by the most beautiful resorts around the world, evokes the dream to live in a purely stunning environment," Davies suggests.
The house is set to be included in an international publication soon to be launched in London, New York and Sydney.
Recent projects for Kerry Hill have included The Perth State Theatre, new City of Perth Library and the new Old Treasury Hotel project.
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jchancellor-FAypfDUnLy

Kerry Hill architectural residential gem listed in Swanbourne, Perth

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The median Perth house price grew by around 3% in the December quarter, increasing from $480,000 in the September quarter to $495,000 by December – according to a preliminary report by the Real Estate Institute of Western Australia (REIWA).
Overall sales activity increased by 4% in the December quarter with increased sales volumes in the higher price ranges.
Strong activity was recorded in Perth's western suburbs, where sales activity increased by 57% on the September quarter.
The southern part of the City of Joondalup was up 9% volumes wise on the September quarter and the western part of the City of Stirling experienced an increase in activity of 6%.
The REIWA president David Airey says the lift in median price could be attributed to a significant increase in higher priced properties that changed hands through-trade-ups.
“We have recorded more activity in the $600,00 to $700,00 range, as well as with homes over $800,000,” says Airey.
Turnover for dwellings under $350,000 dropped off in the December quarter but there was an increase in sales within the $350,000 to $400,000 range.
Only 55% of sellers discounted their house in the December quarter compared to 60% in the September quarter.
“However, now that buyers have more confidence and sellers are meeting the market with better pricing, the number of selling days has dropped from 71 to 62 for the quarter and this figure has been trending down for a while,” says Airey.
The number of listings continued to fall, down 32% on the same time last year.
By years end there were 9,200 properties on the market including 1,800 blocks of land.
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Perth house prices up in December quarter

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Perth’s rental market has shown signs of easing towards the end of 2012, according to preliminary data from the Real Estate Institute of Western Australia.
It had the December quarter vacancy rate edging marginally higher from 1.8% to 1.9%.
The REIWA president David Airey suggested it was accompanied by an easing in the previous climb in rents over the previous year.
“Our data show that while the median rent for a house lifted by $10 to $460 per week, the median rent for strata dwellings such as units, apartments, villas and townhouses fell by $10 to $420 per week,” Mr Airey said.
Mr Airey said the December quarter saw a decrease in demand for rentals and an increase in listings.
“With the overall median rent remaining the same in the December quarter as it was with the September quarter, weekly rental listings topped 2,800 in mid December before decreasing towards the end of the year."
However as at early January there were 3,000 properties up for rent.
Mr Airey said new leases fell by 3% from 11,500 in the September quarter to 11,200 in the December quarter.
“Despite the modest drop in price for units and apartments in the last three months of 2012, we need to keep in mind that the March quarter is always the strongest period in the year for rental activity, so this drop may only be a temporary reprieve for tenants.
“The median rent may pick up again as the year progresses, but as always this will depend on supply and demand,” Mr Airey said.
The situation appears to have changed on the September outlook when it was noted Perth rents "are continuing to rise and there is no respite in sight." 
<a target="_blank" href="https://twitter.com/REIWA"><img src="/images/stories/2012/09/reiwatweet.jpg"></a>
"I can't see any signs on the horizon that will reduce the demand for rentals," said REIWA's David Airey in his September tweet.
"It appears Perth is a popular place to live, we've got an ongoing shortage of rental supply, so it's likely that rents at the very least will remain stable but are likely to have increases."
 The current REIWA outlook differs from the <a target="_blank" href="https://www.propertyobserver.com.au/australian-capital-territory/rents-soaring-in-perth-and-darwin-apm/2013011658798?utm_source=po&amp;utm_medium=aida&amp;utm_campaign=news">Australian Property Monitors whose report issued today </a>suggests strong rental growth will continue in Perth this year.
 
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Perth rental market intensity eases slightly: REIWA

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1
{yoogallery src=[images/stories/april17marsala]}
Marsala House, the fabulous 1970s Brutalist Iwan Iwanov-designed Dianella, Perth house that is the youngest property to be enshrined on the Western Australian heritage list, sold just two days after the Property Observer spotlight in April. The vendors Mark Etherton and Christopher Beer bought the then deteriorating house in 2005 for $725,000 and embarked on a massive restoration project. The result quickly re-established <a href="https://www.propertyobserver.com.au/western-australia/perths-iwan-iwanov-designed-brutalist-marsala-house-listed-for-sale/2012041654307" target="_blank">Marsala House </a>as one of Iwanov’s most idiosyncratic explorations of Australia’s late 20th-century Brutalist style, a movement that includes iconic Canberra buildings including the High Court of Australia and the Australian National Gallery. And so it sold for $2.2 million to the PR queen Melissa Lekias and partner, Jamie Mills. Built in 1976 for the Marsala family, the project pushed the boundaries of concrete block contemporary design, while the inside was heavily influenced by Las Vegas overstatement. It had been listed through Paul Tonich of Altitude Real Estate with $2 million-plus hopes. It first sold for $490,000 in 1992.
 
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2.
<img alt="mosmanpark" src="/images/stories/2012/12/mosmanpark.jpg" width="400" height="225"> 
Anuket at Mosman Park in Perth has been sold in a partially gutted state for $11 million. It last sold in 2008 when property developer Luke Saraceni bought it from mining speculator David Rigoll, the former early-1990s Colonial Resources managing director, through the agent William Porteous for $16 million. It had previously also traded at $16 million in 2007 when offloaded by Firepower director Tim Johnston, who had bought it from property developer <a href="https://www.propertyobserver.com.au/residential/warren-anderson-homeless-and-bankrupt/2011112552549" target="_blank">Warren Anderson</a>. The house was built for the Burswood Casino developer Dallas Dempster to a design by architect Louise St John Kennedy.
The house was gutted and ready to be finished to one's own standard. Set on a 1,425-square-metre block, it comes with five bedrooms, six bathrooms and four living areas. The Chidley Way property comes with a huge lap pool overlooking the Swan River <a href="https://www.propertyobserver.com.au/western-australia/perth-developer-luke-saraceni-s-partially-gutted-mosman-park-residence-listed-for-sale/2011120752734" target="_blank">Expressions of interest </a>were sought in March 2012, with the sale secured in November through Linda Sullivan at Space Real Estate Cottesloe to the McGeorge clan.
 
<hr class="system-pagebreak">
 
3
{yoogallery src=[images/stories/2012/12/dec20farnley]}
The grand and glorious <a href="https://www.realestate.com.au/property-house-wa-mount+lawley-107044500" target="_blank">Farnley Towers </a>at Mount Lawley sold for $3,025,000 mid-year. It's a 1913 home with dual signature fish-scaled towers, extensive wrap-around verandas, exquisite stained glass, wrought iron and distinctive fretwork. All in the Art Nouveau style from the front gate throughout. It was bought by a couple at ecologia Environment.
 
<hr class="system-pagebreak">
 
4
{yoogallery src=[images/stories/2012/12/dec21fan]}
The <a href="https://www.realestate.com.au/property-house-wa-attadale-110467225" target="_blank">Japanese fan-style </a>house, a landmark tri-level residence at Attadale, sold for $2.85 million, having been listed through Sam Fazio at Harcourts Realty Plus Hamilton Hill. It comes with amazing Marri timber spiral staircase. The  dining area has a custom made terrazzo table and lazy Susan. There's also 2.7-metre deep swimming pool with an 18-metre long curved infinity edge finish featuring three port hole windows that capture the guest room downstairs. There's a six seater state-of-the-art therapeutic jacuzzi, a sauna and outdoor cocktail bar and entertaining area. For a while the vendors tried to rent the Doongalla Road property at $2,500 a week.
 
 
<hr class="system-pagebreak">
 
5
<img src="/images/stories/2013/01/forrest2.jpg">
There were growing whispers that Denby Macgregor,  the only daughter of late Multiplex founder John Roberts, was abandoning plans to build on the $30 million superblock in Mosman Park ever since the local paper suggested Macgregor was looking at a heritage home in Cottesloe. Subsequently fetching $8.85 million in September, the Forrest Street, <a href="/news">Cottesloe</a>, house with a tennis court on its 1,772-square-metre holding (pictured above) was sold by Angela Nasuti, who bought it in 2006 for $4.8 million. Overlooking Sea View Golf Course, the home was built in 1924 for solicitor Joseph Barsden. Macgregor has now listed her recently renovated Mosman Park house on a 1,639-square-metre block through <a href="https://www.realestate.com.au/property-house-wa-mosman+park-112183655" target="_blank">William Porteous Properties International</a> in conjunction with <a href="https://www.mackhall.com.au/for-sale/mosman-park/hill-10-terrace/274522.aspx" target="_blank">Mack Hall Real Estate</a>. It's a non-riverfront portion of the five-block site consolidation, which cost more than $30 million in 2009 and covered about 5,500 square metres.
 
 
<hr class="system-pagebreak">
 
6
{yoogallery src=[images/stories/2013/01/jan9donegal]}
Saved from the bulldozer 12 years ago and sensitively restored, the classic mid-1960s Modernist home with light-filled spaces and internal glass walls made it the perfect setting for the 2004 movie Thunderstruck, featuring Stephen Curry and Sam Worthington. It's had a major renovation since the film about five devoted AC/DC fans who made a pact to bury their best friend next to Bon Scott in Fremantle Cemetery. Listing agent Tim Tyler at Tyler &amp; Sons promoted what was <a href="https://www.realestateview.com.au/Real-Estate/4-donegal-road-floreat/Property-Details-buy-residential-4435561" target="_blank">an architect’s own three-bedroom, split-level home </a>as having a solar passive design with a north-facing entertaining area and garden on its 769-square-metre block. Its most recent asking price before going under contract was $1.5 million, having been listed at $1.75 million.
 
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Thunderstruck: Six prestige Perth sales that snuck through when we weren't looking

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House prices in Kalgoorlie/Boulder in the Goldfields-Esperance region of Western Australia have risen 10% over the year to September, making it the top-performing market in the state, according to ANZ.
As the graph below shows, regional markets in WA have been both the best performers and the worst performers over the 12-month period, with the largest price decline of 8% recorded in <a href="/news">Pallinup </a>in the Great Southern region.
Click to enlarge
<a title="Click to enlarge" href="/images/stories/2012/12/anzdec17.gif" rel="shadowbox"><img src="/images/stories/2012/12/anzdec17thumb.gif"></a>
In July Property Observer reported that <a href="https://www.propertyobserver.com.au/hotspots/broken-hill-and-kalgoorlie-no-longer-as-risky-for-property-investors-but-some-mining-towns-unsustainable-westpac/2012071955639">Kalgoorlie/Boulder</a> had been removed off a Westpac list of mainly mining towns deemed as risky single-industry mining towns, where the bank is reluctant to provide investor loans.
Real Estate Institute of WA president David Airey said that in contrast to “unsustainable” house prices and rents in mining towns like <a target="_blank" href="/news">Karratha</a>, <a target="_blank" href="/news">Port Hedland</a>, <a target="_blank" href="/news">South Hedland</a> and <a target="_blank" href="/news">Newman </a>“the steady growth and more affordable market of Kalgoorlie-Boulder perhaps offers greater confidence to lenders”.
Recent sales in Kalgoorlie include this four-bedroom fully renovated house (below) in Lamington, built in 1925, which sold for $358,000 in October having been listed in June for $399,000. The property sold through Andrew Zafer from Fyson &amp; Associates, having last sold for $290,000 in July 2010.
<img src="/images/stories/2012/12/wardst.jpg" width="470">
A more affordable investment option was this four-bedroom plain-looking bungalow (below) in South Boulder, dating back to 1950. It sold for $161,000 through Nicola Unkovich, also from Fyson &amp; Associates having last sold for $73,000 in 2005. It has been appraised as promising weekly rental returns of around $300 per week, which would equate to an indicative yield of over 9%.
<img src="/images/stories/2012/12/hopkinsst.jpg" width="470">
Notable on the list of top performing regions is Geraldton, <a href="https://www.propertyobserver.com.au/hotspots/investors-should-look-at-geraldton-as-future-gladstone-style-hotspot-terry-ryder/2012121158400?utm_source=po&amp;utm_medium=aida&amp;utm_campaign=news">picked by Terry Ryder</a> as future potential Gladstone-like hotspot, where house prices increased 4% over the year to September.
For more on Terry Ryder's hotspots selections for 2013 and the three other regional locations that could be the next Gladstone, watch the full free webinar - <a href="/news">Regions versus capital cities - where to invest in 2013?</a> 
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lschlesinger-FZcF9M3vE6

Kalgoorlie/Boulder leads WA house price growth in year to September: ANZ

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Jeremy Clarkson and James May from Top Gear UK chose to relax at the Western Australian beach house Solitude in 2011 – and you can, too.
Solitude is located on 1,200 square metres of prime <a target="_blank" href="/news">Lancelin </a>beachfront and is one of only five beachfront homes in Western Australia available for rent. There are reportedly just 58 absolute beachfront homes in WA.
The home with a reputed $5 million value is located 80 minutes north of Perth on Gingin Road and can accommodate up to 10 in its six bedrooms.
With a heated beachfront pool, designer kitchen, media room and the Indian ocean at your doorstep, this tranquil setting is available to rent the week before December 21.
A holiday before December 21 will set you back $17,500 for the minimum seven-night stay.
Solitude is owned by Perth businessman Kym Illman and is part of his Dream Holiday Home chain.
Illman also owns Nautica on Palm Beach and Aqua Villa and Paradiso on the Gold Coast in Queensland.
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Countdown to summer: Solitude in Lancelin, WA

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Beldon and Coolbellup are Western Australia’s fastest selling suburbs with an average of 36 days on the market.
Beldon – with a median house price of $433,250 – is located in between two major north-south arteries: Marmion Avenue and Mitchell Freeway.
Coolbellup – with a median house price of $389,000 – is named after the Aboriginal name for the nearby North Lake.
Myaree - the aboriginal word meaning foliage - is the second fast selling suburb with an average of 38 days on the market and a median house price of $630,000.
The southeastern suburb Lynwood is the third fastest selling suburb with a median house price of $395,000 and an average of 39 days on the market.
<table cellpadding="0" cellspacing="0" border="1"><tbody>
<tr>
<td width="106" valign="top">
Suburb
</td>
<td width="106" valign="top">
Postcode
</td>
<td width="106" valign="top">
Median Price
</td>
<td width="106" valign="top">
Time on market (days)
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Beldon</a>
</td>
<td width="106" valign="top">
6027
</td>
<td width="106" valign="top">
$433,250
</td>
<td width="106" valign="top">
36
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Coolbellup</a>
</td>
<td width="106" valign="top">
6163
</td>
<td width="106" valign="top">
$389,000
</td>
<td width="106" valign="top">
36
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Myaree</a>
</td>
<td width="106" valign="top">
6154
</td>
<td width="106" valign="top">
$630,000
</td>
<td width="106" valign="top">
38
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Lynwood</a>
</td>
<td width="106" valign="top">
6147
</td>
<td width="106" valign="top">
$395,000
</td>
<td width="106" valign="top">
39
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Hamersley</a>
</td>
<td width="106" valign="top">
6022
</td>
<td width="106" valign="top">
$500,000
</td>
<td width="106" valign="top">
41
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">West Perth</a>
</td>
<td width="106" valign="top">
6005
</td>
<td width="106" valign="top">
$780,000
</td>
<td width="106" valign="top">
41
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Kingsley</a>
</td>
<td width="106" valign="top">
6026
</td>
<td width="106" valign="top">
$532,750
</td>
<td width="106" valign="top">
44
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Martin</a>
</td>
<td width="106" valign="top">
6110
</td>
<td width="106" valign="top">
$680,000
</td>
<td width="106" valign="top">
44
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Parkwood</a>
</td>
<td width="106" valign="top">
6147
</td>
<td width="106" valign="top">
$425,000
</td>
<td width="106" valign="top">
46
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Warwick</a>
</td>
<td width="106" valign="top">
6024
</td>
<td width="106" valign="top">
$480,000
</td>
<td width="106" valign="top">
48
</td>
</tr>
</tbody></table>
Source: <a href="https://www.rpdata.com/">RP Data</a>
However Mount Melville is the slowest selling suburb with an average of 213 days on the market and a media house price of $335,000.
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Beldon and Coolbellup sit atop WA 10 fastest selling suburbs

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Holidaymakers in Western Australia can watch Eagle Bay whales cavort while sprawled out on a sundeck at Inspiration on Wedgetail.
Located on 3,264 square metres of property on Wedgetail View Eagle Bay, the residence is surrounded by vineyards, hinterlands and coastland.
With seven bedrooms, a 20-metre indoor/outdoor pool, a 12-person spa and a gym, you can practice relaxation at its finest.
Also included is a two-lane bowling alley, a squash court and a private cinema.
The property is available to rent from December 12 to December 27, with a minimum seven-night stay of $18,000.
Any extra days from Sunday to Thursday will cost you $3,000 a night and $6,000 for a Friday or Saturday night.
It is also available to rent from January 24 onwards.
Inspiration on Wedgetail is currently listed for sale by Andrew Hopkins from Jhy Realty Dunsborough for $10.5 million
It was first listed in June this year.
It last sold in 2007 for $2.3 million.
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Countdown to summer: Inspiration on Wedgetail 

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Western Australia’s remote Pilbara region, the state’s iron ore mining heartland, has topped the list of regions with the lowest proportion of annual sales under $400,000.
According to research by RP Data, just 5.8% of sales in the Pilbara region were under $400,000 over the year to August.
There were nearly four times as many sales below $400,000 in the second-ranked Kimberley (22.1%) region, which lies just above the Pilbara geographically, and benefits from mining as well as tourism.
Third was Canberra (22.1% of annual sales) and fourth Sydney (30.3% of all sales).
The Pilbara is a vast region covering an area of 502,000 square kilometres in northern WA running west from the coast. Its main mining towns are <a href="/news">Karratha</a>, <a href="/news">Dampier</a>, <a href="/news">Port Hedland</a>, <a href="/news">South Hedland</a> on the coastal edge and <a href="/news">Newman </a>and <a href="/news">Tom Price</a> in the hinterland.
Property Observer has scoured real estate listings in these mining towns and found only four properties currently listed for sale under $400,000, three of them in the Karratha suburb of <a href="/news">Bulgarra </a>and one in the Karratha suburb of <a href="/news">Pegs Creek</a>. All of them are one-bedroom apartments. None of the other mining towns had properties listed for sale under $400,000.
Property Observer only considered existing properties with a listing price advertised under $400,000 and excluded vacant land and house-and-land package listings.
$182,000
A <a href="https://www.realestate.com.au/property-house-wa-pegs+creek-111445311" target="_blank">one bedroom unit being sold by Ray White Karratha on Warambie Road in Pegs Creek (pictured below).</a>
<img width="470" src="/images/stories/2012/11/warnambie.jpg">
$299,000
A <a target="_blank" href="https://www.realestate.com.au/property-apartment-wa-bulgarra-110436629">one-bedroom ground-floor apartment on Ridley Street, Bulgarra</a> (pictured below), being sold by Jackie McVee of First National Karratha.
<img width="470" src="/images/stories/2012/11/ridleyst.jpg">
$350,000
A<a href="https://www.realestate.com.au/property-house-wa-bulgarra-112164847" target="_blank"> one-bedroom bedsit with separate bathroom and toilet on Ridley Street</a> in Bulgarra (pictured below) being marketed by Richard Naulls of Ray White Karratha.
<img width="470" src="/images/stories/2012/11/ridleyst2.jpg">
$375,000
A <a target="_blank" href="https://www.realestate.com.au/property-house-wa-bulgarra-110467185">furnished one-bedroom bedsit with separate bathroom and toilet on Ridley Street</a> in Bulgarra (pictured below) being marketed by Richard Naulls of Ray White Karratha.
<img width="470" src="/images/stories/2012/11/ridleyst3.jpg">
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