<p>The residential transformation of St Kilda Road is set to continue into with more new apartment plans for the sought-after boulevard.</p>

<p>Wing Tai Asia has lodged plans for a major residential tower at 464-466 St Kilda Road, replacing the former VACC House with an 18-storey mixed-use development designed around a retained heritage podium and a sculpted contemporary tower.</p>

<p>The proposal, prepared under Victoria’s Significant Residential Development with Affordable Housing pathway, would deliver 325 apartments and ground-floor retail across the prominent 4,653 sqm boulevard site in Melbourne’s St Kilda Road North Precinct.</p>

<p>The project centres on the adaptive reuse of the site’s heritage-listed VACC Building, an eight-storey office designed by Bernard Evans that has occupied the address for decades. Planning documents state the development would involve “carefully dismantling and conserving off-site the original metal fabric of the podium visible from St Kilda Road,” before reinstating it as the defining frontage of the new scheme.</p>

<p>Above the restored podium, Wing Tai is proposing a curvilinear residential tower. The scheme includes 172 one-bedroom apartments, 63 two-bedroom apartments, 66 three-bedroom apartments, and 24 four-bedroom apartments, alongside two ground-floor food and beverage tenancies fronting St Kilda Road.</p>

<p>The tower has been designed with substantial articulation and variable setbacks to minimise perceived bulk and maintain view corridors along the boulevard. Urbis, which prepared the planning report, said the design “has been significantly articulated through a curvilinear design” with “an interplay with materials, façade expression and depth” to create visual separation and visual interest.</p>

<p>The proposal also includes 254 basement car spaces, landscaped pedestrian links connecting St Kilda Road and Queens Lane, and a biophilic landscape strategy featuring canopy trees, raised planters, cascading greenery and a glass oculus pool overlooking the eastern frontage.</p>

<p>Planning documents confirm the $270.1 million development will contribute 3 per cent of project costs to the Social Housing Growth Fund as part of the application process.</p>

<p>Wing Tai acquired the St Kilda Road property in 2018 alongside Abacus Property Group for $95.38 million, before later consolidating ownership of the site. The property previously served as the Victorian Automobile Chamber of Commerce headquarters for around 60 years.</p>

<p data-end="345" data-start="110">The transformation of the St Kilda Rd boulevard is already beginning to materialise, with a number of high-profile projects recently completed, launched, or approaching launch as developers continue to back the long-term appeal of the precinct.</p>

<p data-end="689" data-start="347">Among the most notable recent completions is Louise by Samuel Property Group, just off the strip on Queens Lane, the same pocket Hirsch &amp; Faigen recently launched The Queensbury. Mirvac is too on the same street with The Albertine, which is approaching completion.</p>

<p data-end="689" data-start="347">Dexus recently secured approval for its slice of St Kilda Road, while Gurner also has approved plans for the precinct.</p>


Joel Robinson

Wing Tai unveils 325-apartment St Kilda Road tower on former VACC House site

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


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

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


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

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


Bottega House secures landmark riverfront site in St Lucia 

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<p data-end="157" data-start="0">The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.</p>

<p data-end="459" data-start="159"><a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.</p>

<p data-end="459" data-start="159">[smartcode_project:default project_id=112661 project_image_fid=359603]</p>

<p data-end="651" data-start="461"><a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.</p>

<p data-end="950" data-start="653">Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.</p>

<p data-end="1081" data-start="952">“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.</p>

<p data-end="1081" data-start="952">[smartcode_project:default project_id=112661 project_image_fid=355935]</p>

<p data-end="1307" data-start="1083">Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.</p>

<p data-end="1522" data-start="1309">The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.</p>

<p data-end="1522" data-start="1309">[smartcode_project:default project_id=112661 project_image_fid=361052]</p>

<p data-end="1714" data-start="1524">Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.</p>

<p data-end="1945" data-start="1716">The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.</p>

<p data-end="1945" data-start="1716">[smartcode_project:default project_id=112661 project_image_fid=359607]</p>

<p data-end="2220" data-is-last-node="" data-is-only-node="" data-start="1947">More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.</p>
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<p>[smartcode_project_cta:default project_id=112661]</p>


SIERA kicks off construction at Northcliffe tower Exhale

<p>Roberts Co has entered a new phase of growth following its acquisition by Arada, one of the world’s fastest-growing property developers in Australia.</p>

<p>The acquisition is supported by a $50 million capital injection into Roberts Co’s Australian balance sheet, consisting of the previously announced $25 million recapitalisation and an additional $25 million in new funding from Arada.</p>

<p>This investment strengthens Roberts Co’s financial position, stabilises operations, and provides the foundation for strategic expansion beyond its New South Wales base, with a focus on new opportunities in Queensland, including the Brisbane and Gold Coast regions.</p>

<p>With Arada’s international resources and financial backing, Roberts Co will broaden its portfolio across residential, commercial, and infrastructure sectors, reinforcing its strong market position in New South Wales and setting itself to capture growth in one of Australia’s most dynamic construction markets.</p>

<p>Ahmed Alkhoshaibi, Group CEO of Arada, said Roberts Co has a proud Australian heritage, an outstanding delivery record, and a strong reputation for collaboration with clients and partners.</p>

<p>"By combining this expertise with Arada’s global scale and financial capacity, we are creating a platform for sustained growth in the Australian market,"&nbsp;Alkhoshaibi said.</p>

<p>“Our $50 million capital injection, including new funds from Arada, underlines our commitment to both stabilise and expand Roberts Co’s operations, particularly into the fast-growing Queensland market. We see significant potential in South-East Queensland’s pipeline and are confident Roberts Co is well placed to deliver lasting value for clients and communities.”</p>

<p>George Kostas, CEO of Roberts Co, said Queensland, and particularly South-East Queensland, is one of the most active and opportunity-rich regions in Australia right now.</p>

<p>"The lead-up to the Brisbane 2032 Olympic Games will bring unprecedented investment across housing, transport, and infrastructure. Roberts Co is eager to play a major role in that transformation and secure a meaningful share of this fast-growing market.”</p>


Arada pours more funds into Roberts Co, flags expansion into South East Queensland construction market

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<p>Amendments to the Plumbers Licensing and Plumbing Standards Regulations 2000 are being drafted in Western Australia to include new plumbing standards for subdivision plumbing work in relation to survey strata schemes.</p>
<p>The changes are outlined in Industry Bulletin 125 – New requirements for plumbing services to survey strata lot developments.</p>
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<p>The new standards for plumbing services in relation to survey strata schemes commenced operation on 15 August 2020.</p>
<p><span>Plumbing services to individual survey strata lots consist of sanitary drainage service lines and connection points, and water supply service lines and connection points. </span></p>
<p><span>The requirements apply to survey strata developments consisting of two or more survey strata lots.</span></p>
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<p><span>Prior to 2015 the Water Corporation provided guidance and direction to land developers in the form of ‘Plumbers advice kits’ for the provision of sanitary drainage service lines and connection points and </span><span>to;</span><span>water supply services to individual survey strata lots.</span></p>
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<p><span>The developer would then engage an LPC to install the services where necessary as part of the process towards obtaining titles for the lots. This generally ensured that survey strata lots were provided with suitable plumbing services prior to the lots being sold and building commencing.</span></p>
<p><span>In 2015 the Water Corporation came to a decision that it was not in their remit to enforce requirements for plumbing services to individual survey strata lots beyond providing a connection point at the main lot boundary. Since then there have been consistent issues regarding the provision of plumbing services to individual survey strata lots including:</span></p>
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<p><span>• lots that are not serviced being ‘built out’ when a house is built on another lot that is between them and the main sewer connection point; and</span></p>
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<p><span>Where sanitary drainage services are required a developer must engage an LPC to install a suitable sanitary drainage service line(s) and connection point(s) to each lot. </span></p>
<p><span>Where water services are required the developer must enter into an agreement with a water services provider (in most instances the Water Corporation) to either install infrastructure, or provide direct services </span><span>or </span><span>multi-metering to each lot on the survey strata scheme, or alternatively engage an LPC to install water supply services to each lot on the scheme.</span></p>
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Plumbing standards regulations being drafted for strata subdivision plumbing work

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<p>Summer Hill, a 3,237 hectare country property in the Upper Hunter Valley shire has hit the market with $12 million hopes. </p>
<p>The Summer Hill Road property in Cassilis include balanced basalt farming and grazing country for beef cattle, sheep or cropping.</p>
<p>The weatherboard homestead comes with eight bedrooms, bathroom, fireplace and established gardens. </p>
<p><img src="https://www.urban.com.au/images/Screen%20Shot%202020-08-28%20at%2012.35.57%20pm.png" alt=""></p>
<p>There is another cottage on the property comprising 3 bedrooms, bathroom and air conditioning.</p>
<p>It also features long frontage to the Munmurra River, stand woolshed, hay shed and cattle yards. </p>
<p><img src="https://www.urban.com.au/images/Screen%20Shot%202020-08-28%20at%2012.35.04%20pm.png" alt=""></p>
<p>The owner will look subdivide the property into 5,500 acre Summer Hill and 2,500 acre Rosedale.</p>
<p>The property is situated about 70km from Merriwa and Mudgee. </p>
<p>Bowyer &amp; Livermore's Greg Ryan and James Walton hold the listing.</p>
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Cassilis' Summer Hill property remains on the market with $12 million hopes

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<p><em>Property Observer </em>has over the years compiled a list of the top renovating tips from many experts, which could shape your plans during the COVID-19 renovation spree.</p>
<p><strong>Top Renovating Tips</strong></p>
<p>1. <strong>Chris Gray (Property Empire) </strong><span>Start by choosing the right property, making sure it is an unemotional investment, as opposed to an emotional home purchase.</span></p>
<p>Are you looking to buy, renovate and sell, or buy, renovate and hold? If you’re selling it’s imperative that there is an immediate and almost guaranteed profit in the deal. If you’re looking to hold, you need to buy the right property that will continue to grow strongly forever. The renovation profit in a hold strategy is more about icing on the cake, maximising your rental return and ensuring you have minimal maintenance to do in the future.</p>
<p><strong>2. Shaynna Blaze (Selling Houses Australia) </strong>Assess your lifestyle.</p>
<p>Before working out the design and layout of your home, the first thing for any renovators to ask themselves: how do I like to live? Is your lifestyle casual? Do you like to entertain? Do you hate cleaning or noise? These different lifestyles will not only effect how the layout is but also the surfaces and colours you end up choosing.</p>
<p><strong>3. Andrew Winter (Selling Houses Australia) </strong>Put your hard earned cash where it shows.</p>
<p>Make sure you put your hard earned cash where it shows. Quality kitchens and bathrooms will always add value to your home and a smart façade will make your house the envy of your neighbours.</p>
<p><strong>4. Amanda Talbot (Stylist and author) </strong>5% of the value of your house should be in your kitchen</p>
<p>Your kitchen needs a wow factor, including good storage; quality hardware, drawer runners and soft closing draw mechanisms. 5% of the value of your house should be in the kitchen.</p>
<p><strong>5. Cherie Barber (Renovating For Profit) </strong>1% of the value of your house should be spent on your bathroom</p>
<p>Aim to spend between 1% to 1.5% of your current property value on your bathroom renovation. If your property is worth $400,000 you would spend around $4,000 renovating it.</p>
<p>Once you know your budget, allocate your money according to how immediately obvious each component is. If the vanity is the first thing you see when you come through the door, spend more money on a nice vanity, splashback and mirror. Your bathroom is the second most important room in your house, besides your kitchen, in terms of adding real fiscal value.</p>
<p><strong>6. Angus Kell (Archicentre) </strong>Go Green</p>
<p>Go green and cash in on the latest change in buying behaviour. Buyers can’t get enough of solar hot water, rainwater tanks and drip-feed irrigation systems</p>
<p><strong>7. Patrick Bright (EPS Property Search) </strong>Avoid doing the work yourself to “save money”</p>
<p>A small budget means there is always a temptation to do some or all of the work yourself to save money but DIY renovations can easily backfire. If the quality of workmanship is substandard this will diminish your sale price, possibly eliminating any profit you might have made in much the same way as under-capitalising on a renovation.</p>
<p><strong>8. Lisa Montgomery (Vogue Financial) </strong>Landscaping is important</p>
<p>The indoor/outdoor room is now a popular part of the Australian lifestyle, so allow for a percentage of your overall budget to be spent on landscaping so you can complement the work you’ve carried out inside the house. Even if your budget is modest, basic greenery and clean, functional outside areas will only improve a property’s appeal.</p>
<p><strong>9. Nick Tobias (Tobias Partners Architecture) </strong>Research your architect.</p>
<p>Establish a shortlist of architects you feel are best equipped in terms of aesthetic and technical prowess. Spend time reviewing the work of different practices, including speaking to past clients. Remember to keep things simple, trends come and go.</p>
<p><strong>10. Carolyn Burns-McCrave (House Rules, Burns-McCrave Design) </strong>Work from the inside out</p>
<p>A good floor plan is at the heart of a successful design and that each space should be tailored to the people who live there. Burns-McCrave says to work from the inside out; creating spaces that function and flow before thinking about colours and accessories.</p>
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10 DIY renovation tips for home owners

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<p style="text-align: left;" align="center">A large land holding in Dural with pricing expectations of over $30 million is being sold through Colliers International. </p>
<p>Wirrabara Village, the 6.3 hectare parcel of land at 3-5 Pellitt Street and 9 Wiarrabara, Dural recently received DA approval for a seniors living development, which will encompass 97 houses, villas and apartments and a 36-room residential aged care facility. </p>
<p>Situated within The Hills district, the site is located in an exclusive pocket of Dural adjoining the Hills Grammar school and within 400 metres to Dural Round Corner Shops. </p>
<p>Wirrabarra Village is  a thirty minute drive from Sydney’s CBD in an area which continues to flourish with huge amounts of government infrastructure invested recently, including the $8.3 Billion Sydney Metro North West Line and the $3 billion Northconnex tunnel connecting the M2 motorway with the M1 motorway which services the continued growth of north west Sydney. </p>
<p>“Dural’s average age is currently 43 years with projections for population growth in the 65-84 age group to increase by 95 per cent by 2036 which further highlights the requirements for quality seniors living and aged care housing in the local district,” said Henry Burke, National Director, Development Sites at Colliers International. </p>
<p>“It’s incredibly rare to find a large parcel of land with DA approval close to shops but away from main roads and thoroughfares in such a serene setting. We expect interest from a range of potential buyers including residential developers, aged care and seniors living operators and developers,” said Eugene White, Director, Development Sites at Colliers International</p>
<p>“The DA approval provides the purchaser with multiple staging opportunities and the mix of houses, villas, apartments and aged care rooms will appeal to a wide buying audience for the end product,” said Guillaume Volz, National Director, Development Sites at Colliers International.</p>
<p>Colliers International agents Henry Burke, Eugene White and Guillaume Volz are handling the sale with Expressions of Interest closing Thursday September 3, 2020. </p>
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Dural land holding with DA approval hits the market

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<p><span>Tasmania has not seen wide scale larger renovations or extensions, according to the June Herron Todd White (HTW) residential report. </span></p>
<p><span>The valuation firm suggests that in locations across the nation, the downtime delivered by isolation has spurned on owners looking to improve their assets through maintenance and upgrade. </span></p>
<p><span>This month's HTW residential report highlights where renovations are on the rise and the price points and outcomes those markets can expect.</span></p>
<p><span>"At the time of writing there are only 11 active Covid-19 infections in the state, four of those being hospitalised.</span></p>
<p><span>"Restrictions are slowly easing. Real estate agents can hold socially-distanced open homes and auctions," the valuation firm said. </span></p>
<p><span>However it is going to be a while before the island state is open to tourists from the mainland again with the premier saying he will announce in July when we may expect the border restrictions to ease.</span></p>
<p><span>"Onto renovations and our ‘big green’ hardware stores have been the go-to during the last few months," the valuation firm said. </span></p>
<p><span>"Like elsewhere in the country many Taswegians have been working from home (or being out of work at home) and thus have the opportunity to tend to those odd jobs. </span>However we have not seen wide scale larger renovations/extensions." </p>
<p>Builders have reported an increase in the smaller jobs but a decrease in quoting opportunities for those larger capital expenditure projects, the report noted. </p>
<p><span>"Interestingly some Airbnb operators are taking this opportunity to undertake maintenance and upgrading works while their properties are having down time. </span></p>
<p><span>"Initially we did see a rush of these types of properties into the traditional rental market. This transition has now slowed with owners now choosing to undertake maintenance and wait it out," the valuation firm said. </span></p>
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<p><span>"The obvious withdrawal of mainland buyers from our market would be expected to open up opportunities for the local buyer and even local first home buyer." </span></p>
<p><span>Headline reports had sales activity down a third in April in some markets. </span>However we have not yet seen any discernible movement in pricing. Nor have there been a rush of first home buyers into the market, the valuation firm said.</p>
<p>"Perhaps the talk that the State Government is going to raise the FHG from the current $20,000 to $40,000 is the incentive this buying segment needs to keep their powder dry for the moment!" </p>
<p><span>There is a general feeling with the easing of restrictions that the island with its natural ‘ocean barrier protection’ is well positioned to work its way out of the last few months. Hopefully the state will soon be virus clear, the report noted. </span></p>
<p><span>"This can only enhance </span>our clean/green image to the wider world and potentially encourage further migration from the mainland states and territories.</p>
<p><span>"Interesting times ahead!" </span></p>
<p><span>A</span> renovated Sandy Bay cottage has recently been sold for $860,000.</p>
<p>The five bedroom, one bathroom home is located at <a href="https://www.realestate.com.au/sold/property-house-tas-sandy+bay-133362182" target="_blank">75 Princes Street </a>(pictured below).</p>
<p>It features well-designed kitchen/living/dining area, French doors, patio and garden. </p>
<p><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/7/6/sandy%20bay%201.jpg" alt=""></p>
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A new listing is a fully renovated period weatherboard home <img src="blob:https://www.urban.com.au/7963b078-e2d5-4b52-a300-307aa98ce7e0" alt="page39image3795024" width="0.500000" height="0.500000">in Moonah priced at over $545,000.</div>
<div class="section"> </div>
<div class="section">The three bedroom, one bathroom home is situated at <a href="https://www.realestate.com.au/property-house-tas-moonah-133923330" target="_blank">28 Bayswater Road</a> (pictured below).</div>
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<div class="section">It comes with open plan kitchen, living and dining area, additional workshop and expansive paved area for outdoor entertaining. </div>
<div class="section"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/7/6/moonah.jpg" alt=""></div>
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Tasmania sees increasing Airbnb upgrading works: HTW residential 

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<p>Local agents confirm Whitsunday is not seeing any reductions in sale values, however volumes of sales are lower than what was previously occurring prior to the pandemic, according to the June Herron Todd White (HTW) residential report. </p>
<p>The valuation firm suggests that in locations across the nation, the downtime delivered by isolation has spurned on owners looking to improve their assets through maintenance and upgrade. This month's HTW residential report highlights where renovations are on the rise and the price points and outcomes those markets can expect.</p>
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<p><span>The report notes the Whitsundays are starting to reopen with cafes and some tours now operating within the government restrictions. </span>Cafes and restaurants are still providing take away services. People are out and about enjoying the lightening of the restrictions.</p>
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<p><span>"Renovations in the Whitsundays! While I have not seen any contracts for renovations and or additions over the last couple of months, it must be happening as Bunnings appears to be the best shop in the Whitsundays! </span></p>
<p><span>"The car park appears to be busy all week end. While we had to all stay at home it appears that the DIY home owners have been hard at work!</span></p>
<p><span>"We need to get our tourists back. Let’s hope that we can track on a positive note with limited to no cases new cases of Covid 19," the valuation firm said. </span></p>
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<img src="blob:https://www.urban.com.au/f7585dff-728e-4628-ae03-c0828bd0c00e" alt="page26image3754256" width="0.500000" height="0.500000">A current listing is a renovated Dingo Beach house with a price guide of $372, 600.</div>
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<div class="section">Set on an 839sqm block, the <a href="https://www.realestate.com.au/property-house-qld-dingo+beach-133788654" target="_blank">81 Pioneer Drive </a>home (pictured below) comprises two bedrooms, two bathrooms and double garage. </div>
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<div class="section">It also features modern kitchen, vinyl plank flooring and full A/C throughout. </div>
<div class="section"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/7/6/dingo%20beach%201.jpg" alt=""></div>
<div class="section">A recent sale was a renovated three bedroom house in Proserpine. </div>
<div class="section"> </div>
<div class="section">The family home at<a href="https://www.realestate.com.au/sold/property-house-qld-proserpine-132372750" target="_blank"> 5 Kanandah Street </a>(pictured below) was sold for $321,000.</div>
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<div class="section">Set on a 1,343sqm block, it comes with three bedrooms, stylish kitchen, multiple living areas and lock up garage. </div>
<div class="section"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/7/6/prosperpine.jpg" alt=""></div>
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Whitsunday sees increasing DIY home renovation activities: HTW residential 

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<p>Anecdotal evidence suggests that the supply of new stock being brought to Townsville market remains low as potential sellers hold off listing properties in the current environment, according to the latest Herron Todd White (HTW) residential report. </p>
<p>The valuation firm suggests that in locations across the nation, the downtime delivered by isolation has spurned on owners looking to improve their assets through maintenance and upgrade. This month's HTW residential report highlights where renovations are on the rise and the price points and outcomes those markets can expect.</p>
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<p>"We are continuing to see sales occur, albeit at lower volumes compared to pre-COVID-19 and to date value levels appear to be holding," the valuation firm said. </p>
<p><span>The report states over the past 12 months there has been a noticeable increase in the number of house flippers in the market, typically operating within the five to eight kilometre radius of the city centre in suburbs such as Railway Estate, Currajong and Gulliver.</span></p>
<p><span> The buy in price for homes with renovation potential in these areas is typically in the low $200,000s with end values created in the high $200,000s to mid </span>$300,000s depending on the extent and quality of the works undertaken.</p>
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<p><span>"The rise in popularity of lifestyle home renovation shows such as House Rules and The Block are also contributing to the increase in renovation projects being undertaken by home owners," the </span>valuation firm said.</p>
<p>The reason behind this increase could be contributed in part to the change-over cost from their current home to an upgraded property, the report suggested. </p>
<p>Furthermore, location seems to be a factor in the decision to renovate. Owners not wanting to take a gamble on location by moving are opting to stay where they are and renovate to accommodate their changing circumstances.</p>
<p>"Apart from upgrades to kitchens and bathrooms, we are seeing decks and outdoor living spaces added and house extensions to create more living space and utility," the valuation firm said. </p>
<p><span>"The renovator market is likely to continue tracking on its current course during 2020 with the cost of borrowing remaining low and a preference from buyers at this time for renovated properties requiring little work with the age old saying of 'I’d rather be opening a can of beer (or bottle of wine), than a can of paint' ringing true," the valuation firm said. </span></p>
<p><span>A renovated Queenslander cottage in South Townsville has recently been sold for $330,000.</span></p>
<p>The <a href="https://www.realestate.com.au/sold/property-house-qld-south+townsville-133215230" target="_blank">36 Nelson Street</a> home (pictured below) comprises three bedrooms, functional kitchen, study and expansive undercover patio area. </p>
<p><span>It features renovated bathroom, split air-conditioning and electric controlled gate. </span></p>
<p><span><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/6/29/south%20townsville%20.jpg" alt=""></span></p>
<p> </p>
<p>A current listing is a three bedroom house in Railway Estate. </p>
<p>The <a href="https://www.realestate.com.au/property-house-qld-railway+estate-133779006" target="_blank">71 Ninth Avenue</a> home (pictured below) comes with refurbished kitchen, renovated bathroom, open plan living and three generous bedrooms. </p>
<p>It also features fresher painted interior and exterior, rumpus room, and traditional features including high ceilings and light timber floorboards. </p>
<p><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/6/29/railway%20estate.jpg" alt=""></p>
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Townsville renovators prefer properties requiring little work: HTW residential 

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<p>The supply of housing stock on the Hervey Bay residential market has dropped considerably, however demand remains steady with some contracts considered to be at the upper end of market parameters, according to the latest Herron Todd White (HTW) residential report. </p>
<p>The valuation firm suggests that in locations across the nation, the downtime delivered by isolation has spurned on owners looking to improve their assets through maintenance and upgrade. This month's HTW residential report highlights where renovations are on the rise and the price points and outcomes those markets can expect.</p>
<p>The report notes the Fraser Coast has slowly started to come alive again since the lifting of the first stage of restrictions, with day trips now permitted to Fraser Island. </p>
<p>Small cafes have reopened at this stage, with some larger establishments only offering take away meals and bottle shop drive through service.</p>
<p>Some retail outlets which appear to be doing quite well in these tough times include the local fishing supply store, office supplies and printer refills due to so many working from home.</p>
<p>"Queensland Health reports that the Wide Bay had a total of 24 cases of COVID-19 with 24 now recovered and no active cases, which is very encouraging for the region. We look forward to stage two in June when caravan parks and camping will be permitted once more," the valuation firm said. </p>
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<p><span>The vacancy rate for rentals remains low with rents stable. Property values are also stable, with no noted change across any price point, the HTW report noted. </span></p>
<p><span>"Renovations have slowed over the past few months on the Fraser Coast as consumers appear to be conserving their dollars and energy.</span></p>
<p><span>Local builders have reported that the demand for new owner- occupier homes remains consistent with locals providing enough work for the rest of the year. Work in the construction industry has continued throughout the crisis which has been sobering for regional employment," the valuation firm said. </span></p>
<p><span>A fully renovated home in Eli Waters has recently been sold for $155,000.</span></p>
<p>The two bedroom, one bathroom house is situated at <a href="https://www.realestate.com.au/sold/property-house-qld-eli+waters-133118442" target="_blank">89 Cherry Street Hazelmere Village 14 Ibis Boulevard</a> (pictured below).</p>
<p>It features modern kitchen, new carpet throughout the home, new TV aerial and new LEG lighting. </p>
<p><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/6/29/eli%20waters.jpg" alt=""></p>
<p>A current listing is a renovated four bedroom house in the seaside suburb of Urangan.</p>
<p>The <a href="https://www.realestate.com.au/property-house-qld-urangan-133484134" target="_blank">73 Dayman Street </a>home (pictured below) has been listed for sale with a price guide of $675,000.</p>
<p>It comes with four bedrooms, open plan dining and living area, enclosed sunroom, study or office and outdoor entertaining area. </p>
<p><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/6/29/urangan.jpg" alt=""></p>
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Hervey Bay renovation activities slow down: HTW residential 

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<p>EXPERT OBSERVER</p>
<p>The stated purpose of the Morrison government’s HomeBuilder program is to stimulate the economy and create construction jobs during the COVID-19 pandemic.</p>
<p>Our research shows home improvements could do much more than just add capital value and a spare room. They can also restore or maintain a person’s ability to live independently – whether they are older, have a disability, are unwell or have been injured.</p>
<p>In other words, these home improvements could transform life for any one of us at some point in our lives. They greatly improve people’s well-being and reduce dependence on carers. This affects a great many people – including <a href="https://www.aihw.gov.au/reports/australias-welfare/aged-care" target="_blank">nearly a million</a>who receive some form of aged care in their own home.</p>
<p><a href="https://images.theconversation.com/files/346496/original/file-20200709-26-1fsxe21.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/346496/original/file-20200709-26-1fsxe21.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a></p>
<p><span class="attribution"><a class="source" href="https://www.abs.gov.au/ausstats/abs@.nsf/0/1CD2B1952AFC5E7ACA257298000F2E76?OpenDocument" target="_blank">Australian Bureau of Statistics</a>, <a class="license" href="http://creativecommons.org/licenses/by/4.0/" target="_blank">CC BY</a></span></p>
<p>Our study of 157 people receiving community care found home modifications reduced the overall hours of care they required by 42%. Their quality of life (measured as <a href="https://www.cdc.gov/hrqol/concept.htm" target="_blank">health-related quality of life</a>) improved by 40%.</p>
<p>By reducing care needs and costs, and increasing independence and well-being, home modifications lead to a multitude of government, community and personal benefits. These include lowering the risk of COVID-19 transmission that providing and receiving personal care entails.</p>
<h2>What do home modifications involve?</h2>
<p><a href="https://www.ndis.gov.au/participants/home-equipment-and-supports/home-modifications-explained" target="_blank">Home modifications</a> specifically help residents to live safely and independently in their own homes.</p>
<p>The range of possible renovations is diverse, so costs vary widely. Minor modifications might be installing a grab rail in a bathroom to aid stability, or levelling a step at a front door. A major modification could install a ramp or a lift, widen door frames or provide a new bathroom.</p>
<p>Modifications must be tailored to individual needs, as no “one size fits all” – just like every home renovation.</p>
<h2>Enabling greater independence for longer</h2>
<p>My research measures how home modifications directly influence the amount of care needed to live, and continue living, at home.</p>
<p>The study included 157 Australians aged from 15 to 92 who received community care. Some had arthritis, cancer or a motorcycle injury. Others were born with a disability. All required care in their home.</p>
<p>Hours of care for participants (most of it unpaid care by family and friends) were compared before and after home modifications. The changes liberated them. Home modifications reduced or eliminated their need for help, restored their confidence in caring for themselves and reduced carer stress.</p>
<p>As people’s confidence grew, they were happier to venture out into the broader community. Importantly, relationships improved.</p>
<h2>Stories of lives transformed</h2>
<p>Simple home modifications meant David* no longer had to help his mother shower as she could safely do that herself. His mother was saved the embarrassment of her son being involved in what is normally a private activity. Instead, they could enjoy each other’s company with regular activities like shopping and having afternoon tea together.</p>
<p>Ravi* had a spinal injury as a result of an accident. He was glad to be back at home but was sleeping in a converted sunroom at street level because he couldn’t get to his bedroom upstairs. The only bathroom for showering was a small ensuite, up three stairs.</p>
<p><span class="caption">The house was not suitable for a wheelchair, so his wife had to help him get around their home. The effort required to take care of basic daily living activities left them too exhausted to even think about going out.</span></p>
<p>An accessible bathroom with a hand-held shower was installed, as well as a ramp at the home entrance. Not only was Ravi able to shower independently again, but he and his wife also regained their energy and interest in going out. He attributed home modifications to enabling them to go to the movies and a restaurant for the first time in the three years after the accident.</p>
<p><a href="https://images.theconversation.com/files/346809/original/file-20200710-30-1rh5a4k.jpeg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/346809/original/file-20200710-30-1rh5a4k.jpeg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=237&amp;fit=clip" alt=""></a></p>
<p><em><span class="caption">Simple modifications can enable a person to go to the toilet unaided.</span> <span class="attribution"><span class="source">Claire Cunningham</span>, <span class="license">Author provided</span></span></em></p>
<p>Genevieve* needed to go to the toilet often at night, but was unsteady on her feet. She had to wake her husband to escort her safely to the bathroom. Installing handrails from the bedroom to the bathroom, as well as reconfiguring the bathroom, meant she could safely take herself to the toilet at night.</p>
<p>Now that he was getting a good night’s sleep, her husband also expressed relief that he was able to continue his full-time job – he had thought he would have to give it up.</p>
<h2>People regain choice about where they live</h2>
<p>The design of a house can be the single reason that forces a person into an aged care home. A bathroom, kitchen, entrance and exit, as well as how rooms connect, can all dictate whether a person lives independently in later life.</p>
<p>Research shows how home modifications reduce fall risks. Think about an older bathroom where the shower has a hob or is over a bath. Such features commonly lead to falls, which can dramatically shorten lives or send us straight from hospital into residential aged care.</p>
<p>Of all the home modifications, my research showed those in the bathroom were most central to reducing dependence on others. They provided the freedom to shower and use the toilet without help.</p>
<p><a href="https://images.theconversation.com/files/346807/original/file-20200710-26-1qato57.jpeg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/346807/original/file-20200710-26-1qato57.jpeg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a></p>
<p><em><span class="caption">Bathroom modifications that allow people to shower while seated greatly reduce the risk of slipping and falling.</span> <span class="attribution"><span class="source">Claire Cunningham</span>, <span class="license">Author provided</span></span></em></p>
<p>For example, Heath* was 72 with a few overlapping health conditions. He had lost confidence using his shower and toilet on his own. His daughter, who lived five hours’ drive away, was convinced he would fall if he remained at home.</p>
<p>But Heath didn’t want someone coming in to help him shower. He absolutely did not want to go into a nursing home. Home modifications meant he could sit while showering independently and use grab rails to get in and out safely.</p>
<p><a href="https://images.theconversation.com/files/346497/original/file-20200709-38-42qd9y.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/346497/original/file-20200709-38-42qd9y.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a></p>
<p><em><span class="caption">A minor home modification like a hand rail might be all a person needs to continue living safely in their own home.</span> <span class="attribution"><span class="license">Author provided</span></span></em></p>
<h2>Modifications protect lives in a pandemic</h2>
<p>The ability to take care of our own bathroom needs during a pandemic is particularly critical. The close proximity required to <a href="https://www.health.gov.au/news/health-alerts/novel-coronavirus-2019-ncov-health-alert/advice-for-people-at-risk-of-coronavirus-covid-19/coronavirus-covid-19-advice-for-people-in-aged-care-facilities" target="_blank">receive</a> and <a href="https://www.propertyobserver.com.au/https://www.abc.net.au/news/2020-05-27/disability-workers-caring-for-coronavirus-patients-want-pay-rise/12286278" target="_blank">provide</a> care has been well documented. Who knows how much home modifications have helped to curb the spread of COVID-19 to people most vulnerable to it?</p>
<p>Australia is managing a pandemic while <a href="https://www.ndis.gov.au/understanding/ndis-each-state" target="_blank">rolling out the National Disability Insurance Scheme</a> (NDIS) and <a href="https://agedcare.royalcommission.gov.au/" target="_blank">reforming aged care</a> in the context of a <a href="https://theconversation.com/census-2016-reveals-australia-is-becoming-much-more-diverse-but-can-we-trust-the-data-79835" target="_blank">diverse</a> and <a href="https://www.abs.gov.au/ausstats/abs@.nsf/0/1CD2B1952AFC5E7ACA257298000F2E76?OpenDocument" target="_blank">ageing</a> population.</p>
<p>This research into home modifications highlights why renovations could be so much more than a new pool, kitchen island or cinema room. The government has a golden opportunity to reform HomeBuilder and encourage take-up of grants for home modifications. It would be a win for both tradies and the many Australians who may need help to stay at home.</p>
<p><em>* Names have been changed to protect anonymity.</em><img src="https://counter.theconversation.com/content/140639/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important; text-shadow: none !important;"></p>
<p><span><a href="https://theconversation.com/profiles/phillippa-carnemolla-385251" target="_blank">Phillippa Carnemolla</a>, Senior Research Fellow, School of the Built Environment, <em><a href="https://theconversation.com/institutions/university-of-technology-sydney-936" target="_blank">University of Technology Sydney</a></em></span></p>
<p>This article is republished from <a href="https://theconversation.com" target="_blank">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/renovations-as-stimulus-home-modifications-can-do-so-much-more-to-transform-peoples-lives-140639" target="_blank">original article</a>.</p>
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Renovations as stimulus? Home modifications can do so much more to transform people’s lives

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<p>To echo a similar sentiment to last month’s Month in Review, the Northern Territory is the safest place in the country, according to the June Herron Todd White (HTW) residential report. </p>
<p>The valuation firm suggests that in locations across the nation, the downtime delivered by isolation has spurned on owners looking to improve their assets through maintenance and upgrade. This month's HTW residential report highlights where renovations are on the rise and the price points and outcomes those markets can expect.</p>
<p><span>"Our Chief Minister, Michael Gunner, is quotes as saying that the Northern Territory is now 'the envy of the country' and for good reason," the valuation firm sai.d </span></p>
<p><span>"Firstly, only two new COVID-19 cases this month, both of whom were diagnosed while overseas and then returned home to Darwin, taking our total to 30. </span></p>
<p>"Apart from the two recent cases who should both make a full recovery very soon, we still have no community transmission anywhere across the Northern Territory (source: Natasha Fyles, Health Minister, Northern Territory Government), a statistic championed to and throughout our community," the valuation firm said. </p>
<p><span>On the back of this, the Northern Territory government has implemented its ground-breaking road map to the new normal (source: Secure NT) that was released on 30 April. This road map allows a slow but safe return to some normalcy across the Territory not only from a health and safety but an economic point of view.</span></p>
<p><span>Stage 2 was the most recent change on 15 May which saw pubs, clubs, gyms, some indoor gatherings, museums, open homes and inspections and other businesses of the like re-open, with </span>an expected 1,500 people returning to work immediately (source: NT News). This was a welcome relief, not only as people enjoy the social interaction (from a safe distance) but also in getting the economic wheels to start turning.</p>
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<p><span>"As we start to see the easing of restrictions, how will this factor into the property market?</span></p>
<p><span>"In short, we are seeing a reduction in sales volumes, combined with a reduction in listings," the valuation firm said. </span></p>
<p><span>The March 2020 quarter saw volumes fall by 27 per cent (source: REINT magazine), however as this data is captured pre-COVID-19, the June quarter will show a clearer picture as to the full effects of the virus and its impact.</span></p>
<p><span>"Commentary in the market is echoing last month’s view of a wait and see approach as we wade through the pandemic.</span></p>
<p><span>"With the return of open homes part of the easing of restrictions, </span>hope remains that we may see an increase in transactions in the market," the valuation firm said. </p>
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<p><span>One positive that has come from the virus is the rise in renovations and the associated wider reaching benefits of this, the report noted. </span></p>
<p><span>A major factor in the Northern Territory has been the release of the Home Improvement Scheme. This scheme saw an initial $30 million of funding allocated to home and also business improvements where the government will give a voucher worth $4,000 if owners contribute at least $1,000 of their own money, or a voucher worth $6,000 if they contribute at least $2,000 of their own money with </span>the idea being to get screwdriver ready projects out the door.</p>
<p>The scope of possible works that could be done is quite varied and only needs to be completed by someone who is a licenced trade, not related to the recipient of the grant (source: business recovery.nt.gov.au).</p>
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<p><span>The report suggests the uptake on this was enormous. Funding was pushed out to $100 million by the Northern Territory government with the idea of getting 20,000 applications and work to be undertaken over the next six to nine months, a great incentive for not only home improvements but a kick starter for trades and services.</span></p>
<p><span>Another great positive in this scheme is that investors can also benefit, the government making it clear from the onset that investors who own a home and are a resident in the Northern Territory could also benefit.</span></p>
<p><span>Speaking with local agents, renovated homes continue to draw good enquiry and with the easing of open home restrictions, this will only improve. </span></p>
<p><span>Uptake of the scheme has also been varied, with homes in all areas and wide ranging price brackets taking up the opportunity to renovate and improve.</span></p>
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<p><span>Speaking locally, the preferred established locations are our northern suburbs, the report noted. </span></p>
<p><span>Being in a tropical climate with proximity to the beach, preferences lean towards larger outdoor living areas or the added benefit of a pool.</span></p>
<p><a href="https://www.realestate.com.au/sold/property-house-nt-anula-133034166" target="_blank">23 Yanyula Drive, Anula </a>(pictured below) is an example of a typical three- bedroom, one-bathroom home found in these, the HTW report noted. </p>
<p><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/7/6/anula.jpg" alt=""></p>
<p><span>With the added benefit of a pool and larger entertaining area, this renovated home sold for $585,000.</span></p>
<p><span>Compare this with properties without the pool or entertaining area that are currently for sale for anywhere up to $100,000 less in some locations.</span></p>
<p><span>There are however some minor drawbacks of the scheme. Any property owned in a trust or company name cannot apply and if a property is owned in joint names, one grant will be applied to both owners. </span>Some works are excluded such as solar panels and works on a do-it-yourself basis.</p>
<p>"While these may frustrate some owners, we see great overall benefits for this scheme, not just for economic restart but the revitalisation of property in the Northern Territory as a whole," the valuation firm said. </p>
<p><span>"Where to from here? As said in previous reviews, the matter of COVID-19 is still very much in the wait-and-see position. </span>The Northern Territory has been tremendous in flattening the curve and we are now beginning to see the easing of restrictions as a result of the swift action taken.</p>
<p><span>"What does that mean for the property market?If we can continue on the current trajectory, with social distancing and also avoiding the second wave, we may see confidence return much sooner than expected with local sentiment already beginning to turn." </span></p>
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