Builder-developer&nbsp;<a href="https://www.apartments.com.au/developers/graya">Graya</a> has secured a prime Newstead site from fellow developer Fraser, subsequently lodging plans for The Silo, a major mixed-use residential project in Newstead designed around a new public laneway linking the James Street precinct with the wider Gasworks and Newstead neighbourhood.

Proposed for the corner of Chester and Morse streets, the <a href="https://www.apartments.com.au/architects/bureauproberts">Bureau^Proberts</a>-designed project places its strongest emphasis at ground level, where retail, landscaping and a new cobblestone pedestrian connection would open the site to the surrounding neighbourhood. The design team describes The Silo as “more than a residential building”, positioning the development as an extension of Newstead’s public realm rather than a standalone apartment tower.

“A new cobblestone laneway and landscaped connection between James Street and Gasworks unlock a missing pedestrian link, improving walkability and stitching together two of Brisbane’s significant urban destinations,” Bureau Proberts said in its Urban Design Report.

<img alt="First look: Graya plans The Silo as new pedestrian link between James Street and Gasworks" data-entity-type="file" data-entity-uuid="0ea1b06a-75f5-40a5-b2c5-33c97bc86052" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/silo%20bldg.png?VersionId=KmjsAtNePu57_B31EM_DJ5T6KPJHtcmo" />

The Silo is planned as a mixed-use development incorporating apartments alongside a bar and centre activities including food and drink outlets, indoor sport and recreation, office and retail uses.

Architecturally, Bureau Proberts has conceived the building as a collection of vertically expressed, stepping forms rather than a single uniform tower. The composition rises from an articulated podium before being broken by a triple-height landscaped recreation level, with the upper section becoming more compact before terminating in a landscaped rooftop garden.

The project's name and architectural language draw directly from Newstead's industrial history. Patterned off-form concrete is proposed as the principal façade material, complemented by slender metal rod balustrades and extensive planting. The cylindrical and vertically ribbed elements give the building its silo-like expression, while curved balconies and planted edges introduce a softer subtropical layer.

“The Silo reinterprets its robust forms, scale and materiality through a contemporary subtropical architectural expression, creating a building that acknowledges its industrial legacy, while responding to the way the precinct is occupied today,” Bureau^Proberts said.

The recreation level is one of the defining breaks in the tower. Plans include a lap pool, mature subtropical planting and shared resident facilities within an elevated communal garden. Landscaping continues through the podium and onto the rooftop, where a further garden forms what the architects describe as a “subtropical crown” to the building.

<img alt="First look: Graya plans The Silo as new pedestrian link between James Street and Gasworks" data-entity-type="file" data-entity-uuid="f8451036-35a4-49a9-8d88-2ef4438eba3d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Silo%20Lane.png?VersionId=h8N31_rYmCEqoNrpt4kbYVQhJGZn60LH" />

At street level, the development has been designed to establish a more permeable block. Retail and hospitality tenancies address the public realm, while landscaped pedestrian spaces lead into the new laneway connection. Renders in the design report show the proposed “Silo Lane” as a substantial opening through the podium, framed by cylindrical concrete forms with cascading planting above.

The Silo continues Graya's move into larger apartment developments after building its reputation across high-end residential projects in Brisbane and the Gold Coast.

Joel Robinson

Graya buys Frasers Newstead site, plans The Silo between James Street and Gasworks precincts

<a href="https://www.apartments.com.au/developers/wickton">Wickton</a>’s completed Linacre Rise development in Hampton is giving Bayside downsizers the opportunity to move into a spacious apartment near the beach, with the developer covering stamp duty for a limited time.

The 27-residence development has been designed for buyers who want to simplify their living arrangements without giving up the space, warmth and quality associated with a long-term family home. Most apartments have already been secured by Bayside locals, leaving a select collection of two and three-bedroom residences and penthouses available.

Two-bedroom apartments are priced from $1.275 million, three-bedroom residences from $2.25 million and penthouses from $3.375 million, with the completed homes available to inspect and move into now.

[smartcode_project:default project_id=95289 project_image_fid=366760]

<a href="https://www.apartments.com.au/buildings/linacre-rise-hampton-8-10-linacre-road-hampton-vic-3188">Linacre Rise</a> occupies an elevated position on one of <a href="https://www.apartments.com.au/developments/hampton-vic-3188">Hampton</a>’s quiet, tree-lined streets, around 250 metres from the bay and 500 metres from Hampton’s village centre. Its setting gives residents access to the beach, local cafés, shops and Hampton Train Station while retaining the feel of an established residential neighbourhood.

Architecture and interiors by <a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a> draw on the warmth and permanence of traditional brickwork, with the building integrated into terraced landscaping by <a href="https://www.apartments.com.au/landscape-architect/john-patrick-landscape-architects">John Patrick</a>. Ground-floor apartments are elevated above the street and include private garden courtyards, while several upper-level residences have generous balconies and outlooks toward the bay.

Inside, the residences favour natural materials and generous proportions. Herringbone-pattern European oak flooring, natural stone benchtops, premium joinery and Swiss V-ZUG appliances are among the key inclusions, while integrated storage has been incorporated across kitchens, bathrooms, studies and living areas.

The kitchens have been planned as practical spaces for both everyday use and entertaining, with substantial island benches, detailed cabinetry and adjoining dining and living zones. Full-height wardrobes, plush bedroom carpeting and carefully considered lighting reinforce the residential character Wickton sought to retain for buyers moving from larger homes.

[smartcode_project:default project_id=95289 project_image_fid=366769]

A Linacre Rise purchaser said the completed apartment had delivered the space, outlook and construction quality they had been seeking.

“The unit is very light, has views to die for over the bay, all construction materials and fittings are premium quality, we have secure parking for three cars, EV charging at very competitive rates, the neighbours are friendly and there is just a lovely ambiance about the place,” the purchaser said.

Environmental features include solar panels, shared electric vehicle charging stations, rainwater harvesting for toilet flushing and landscape irrigation, double-glazed windows and water-efficient fixtures and appliances.

[smartcode_project:default project_id=95289 project_image_fid=366762]

The development was built by Balmain &amp; Co, with Wickton managing the broader development process through its in-house team.

For downsizers, the project’s completed status removes much of the uncertainty associated with buying off the plan. Purchasers can inspect the finished apartments, understand their outlook and proportions, and move in without waiting for construction to conclude.

The remaining selection includes north-oriented balconies, corner configurations and penthouses with elevated bay views. The developer-paid stamp duty initiative is available for a limited time, with potential savings of up to $200,000 depending on the residence purchased.

[smartcode_project_cta:default project_id=95289]

Limited-time stamp duty offer at completed Linacre Rise apartments in Hampton

Luxury apartment buyers have long prioritised design, space and finishes, but increasingly they're placing equal importance on something less tangible: how easily they can live without relying on a car.

At <a>Richmond Square</a>, <a href="https://www.apartments.com.au/developers/fortis">Fortis</a> believes that convenience begins beyond the apartment itself, with the mixed-use precinct earning a near-perfect Walk Score of 99.

The development has been planned around the idea that some of the most valuable amenities aren't contained within a building, they're the restaurants, cafés, parks, transport connections and daily conveniences that can all be reached on foot.

Located just behind Swan Street and Church Street, <a href="https://www.apartments.com.au/new-apartments/richmond-square-1-wiltshire-street-richmond-vic-3121">Richmond Square</a> places residents within one of Melbo​u​rne's most established lifestyle precincts while offering a quieter residential setting removed from the busiest thoroughfares. East Richmond Station is moments away, trams run along both Swan and Church Streets, and the MCG, Melb​​ourne Park, Yarra River trails and the CBD are all within walking distance. At the same time, the precinct itself will introduce a curated mix of dining, retail, hospitality and wellness offerings, creating a destination that extends well beyond its residential buildings.

[smartcode_project:default project_id=13181 project_image_fid=348530]

For Fortis, that combination of location and scale was what made the site unique.

"<a href="https://www.apartments.com.au/developments/richmond-vic-3121">Richmond</a> is one of Melb​o​urne's most established and distinctive inner-city neighbourhoods, with a rare combination of dining, culture, recreation, public transport and proximity to the CBD," the developer said.

"The opportunity at Wiltshire Street was particularly compelling because the site sits slightly removed from the activity of Swan and Church Streets while remaining only moments from everything that makes the area desirable."

Rather than developing a standalone apartment building, Fortis consolidated 15 individual properties to create one of the larger development parcels assembled on Mel​b​ourne's city fringe in recent years. That allowed the team to deliver a genuine mixed-use precinct comprising 107 residences across Wiltshire House and Carmine House, premium office space, hospitality venues, retail, wellness offerings and a future 57-room hotel.

"The scale of the site allowed Fortis to think beyond a standalone apartment building," the developer said.

"Richmond Square could be planned as a complete lifestyle precinct, bringing homes, workplaces, dining, retail, hospitality and wellness together around a series of activated public spaces. The aim was to create a destination that feels connected to Richmond rather than separate from it."

[smartcode_project:default project_id=13181 project_image_fid=348533]

The emphasis on walkability has also resonated with buyers.

Interest has been strongest from established owner-occupiers, particularly downsizers from Richmond and Melb​ourne's inner east who want to remain close to familiar restaurants, workplaces, family and social networks while moving into a more secure, lower-maintenance home. The project is also attracting Mornington Peninsula and interstate buyers seeking a Melb​ourne residence they can lock up and leave between visits.

Many are looking for generous living spaces, room to entertain, quality finishes and confidence in the project team, but location remains one of the biggest deciding factors.

"For many buyers, Richmond Square provides a way to simplify the practical side of home ownership without reducing the quality of their lifestyle," the sales team said.

"Location is also a major driver of interest. Buyers can remain connected to the CBD, major sporting events, the arts centres, local restaurants, cafes and bars and their family while living in a private and secure residence that is easy to lock up and leave for weekends or longer periods away."

[smartcode_project:default project_id=13181 project_image_fid=348549]

The residences themselves have been designed with that buyer in mind. Award-winning architecture practice SJB and interior designers Hecker Guthrie have created spacious two and three-bedroom apartments and penthouses that prioritise generous living areas, natural light, bespoke joinery and private terraces. Above, a rooftop sanctuary by Acre includes landscaped lawns, bookable dining rooms, barbecue facilities, wellness spaces and panoramic views across the CBD, the MCG and Port Phillip Bay.

Fortis believes Richmond Square reflects a broader evolution in apartment living, where the surrounding neighbourhood becomes just as important as the residence itself.

"Richmond Square introduces a different proposition: generously proportioned residences within a genuinely mixed-use, hospitality-led destination," the developer said.

"The project's location and Walk Score of 99 further support a lifestyle where residents can complete many everyday journeys without relying on a car."

Fortis has assembled an experienced team that includes <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, <a href="https://www.apartments.com.au/interior-designers/hecker-guthrie">Hecker Guthrie</a>, <a href="https://www.apartments.com.au/landscape-architect/acre">Acre</a> and builder <a href="https://www.apartments.com.au/builders/hacer-group">Hacer Group</a>, reflecting the developer's commitment to creating projects with enduring design quality and meaningful connections to the communities in which they sit.&nbsp;

Richmond Square is an expression of that philosophy, bringing together homes, workplaces, hospitality and wellness within one of Me​lb​ourne's most walkable neighbourhoods.&nbsp;

Construction is now almost complete, providing purchasers with growing confidence ahead of its expected September 2026 completion.

[smartcode_project_cta:default project_id=13181]

Walk Score of 99 places Richmond Square at the heart of Melbourne's most connected lifestyle

<h3 data-end="19" data-section-id="1dvgwoe" data-start="0">Summary</h3>

<ul data-end="634" data-start="21">
	<li data-end="170" data-section-id="1o77v31" data-start="21">Walker Corporation has lodged plans for a second major residential development in the Maroochydore City Centre, a 29-storey tower known as Celeste.</li>
	<li data-end="327" data-section-id="1lb0y6t" data-start="171">The Plus Studio-designed proposal at Lot 30 Sunshine Coast Parade would deliver 208 apartments, including four four-bedroom sub-penthouses and penthouses.</li>
	<li data-end="487" data-section-id="za720" data-start="328">The application comes as Walker doubles down on Maroochydore following the strong sales campaign at SOL by Walker, where the first tower is nearing sell-out.</li>
	<li data-end="634" data-section-id="5sovec" data-start="488">Walker is a key partner in the transformation of the Maroochydore City Centre, which is expected to ultimately deliver at least 4,000 new homes.</li>
</ul>

Walker Corporation is doubling down on Maroochydore following the successful sales campaign at its first residential project in the emerging CBD.

The national developer has filed plans for <a href="https://www.apartments.com.au/new-apartments/celeste-30-sunshine-coast-parade-maroochydore-qld-4558">Celeste</a>, a new 29-storey apartment tower at Lot 30 Sunshine Coast Parade, just metres from its under-construction SOL by Walker development.

The plans, prepared by Plus Studio, would see 208 apartments delivered across a 100-metre tower on the 2,376 sqm site, which fronts Sunshine Coast Parade, First Avenue and Future Way within the Maroochydore Priority Development Area.

<img alt="Walker" data-entity-type="file" data-entity-uuid="17038209-6fea-4ed2-855d-fd4df65b3d02" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-10%20at%2010.24.16%E2%80%AFAM.png?VersionId=iZD.oVXcQn.aLpUytDAW.CWjxP4puWMy" />

The proposed apartment mix comprises 36 one-bedroom apartments, 48 two-bedroom apartments, 72 two-bedroom apartments with an additional multipurpose space, and 48 three-bedroom apartments.

The upper levels would be capped by two four-bedroom sub-penthouses and two four-bedroom penthouses, taking the total apartment count to 208. The preliminary yield study also provides 262 car spaces, 114 resident bicycle spaces and storage for each apartment.

It represents Walker's next major residential move in the new Maroochydore CBD after the success of SOL by Walker, its $220 million two-tower project nearby.

SOL launched to market in early 2025 and has since seen strong demand, particularly from local owner-occupiers. By February this year, Walker said the first SOL tower was nearing sell-out, with a strong waitlist also emerging for its recently released penthouse collection.

Construction is already underway on SOL, with the first tower expected to be completed in late 2027 and the second to follow in early 2028.

[smartcode_project:default project_id=147777 project_image_fid=319846]

<h2 data-end="2518" data-section-id="1b2dyo5" data-start="2459">Celeste to rise 100 metres over Maroochydore City Centre</h2>

Celeste would take a different form to the twin 19-storey buildings at SOL.

Plus Studio has designed a single 100-metre tower above an activated podium, with the architecture responding to the site's prominent position and three street frontages.

The podium would incorporate commercial tenancies and public art, with sweeping façade elements wrapping the street edges. The scalloped concrete podium has been inspired by the patterns created in sand at low tide, while extensive landscaping would continue vertically through the tower.

The ground level plans show three commercial tenancies addressing Sunshine Coast Parade alongside the residential lobby and landscaped public realm. The podium would then accommodate several levels of car parking before the residential tower rises above.

<img alt="Celeste" data-entity-type="file" data-entity-uuid="121f77b1-71c5-46d7-9b36-0a7d474211ca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-10%20at%2010.24.47%E2%80%AFAM.png?VersionId=MGrg9Hb7HgzLN0Lelq_xrXNAruVl77ia" />

Plus Studio said the tower had been designed to maximise views from each apartment, taking in the Maroochy River, Sunshine Coast hinterland, Cotton Tree and Maroochydore Beach and ocean.

Those views have also shaped one of the project's key features, with Walker proposing to put the primary resident amenity on Level 29 rather than lower within the building.

The rooftop would feature a 284.9 sqm pool area with an infinity edge, along with a cold pool, spa, sauna, 93.2 sqm gym, sunset lounge, BBQ and dining areas, pool deck and private dining space. Cabanas and day beds are also shown across the recreation level.

The two penthouses would extend across the upper levels and each feature private terraces and plunge pools.

<h2 data-end="4202" data-section-id="v5f4ix" data-start="4160">Walker's growing Maroochydore footprint</h2>

Celeste further reinforces Walker's commitment to the transformation of Maroochydore City Centre.

Walker is one of the key partners delivering the new CBD alongside Sunshine Coast Council and SunCentral Maroochydore, with the broader 62-hectare Priority Development Area occupying the former Horton Park Golf Course and surrounding land.

The precinct is ultimately expected to accommodate at least 4,000 new homes as Maroochydore evolves into the Sunshine Coast's principal commercial and residential centre.

When SOL secured approval in February 2025, Walker Managing Director and CEO David Gallant described it as the "first of many residential projects" the company planned for the Maroochydore City Centre.

Celeste now provides the clearest indication yet of what comes next.

The site sits immediately within the new CBD, with the design report identifying Sunshine Plaza and surrounding parkland within walking distance and Maroochydore Beach around a five-minute drive away.

For Walker, the timing of the application comes as its first residential bet on the new CBD appears to have been vindicated.

SOL has progressed from planning approval to construction while its first release has approached sell-out, giving Walker confidence to push ahead with another 208 apartments and take its residential pipeline in the Maroochydore City Centre to around 450 dwellings across the two projects.

Celeste remains subject to planning approval, with the architectural material describing the scheme as a preliminary yield study that may change through the assessment process.

Walker doubles down on Maroochydore with 29-storey Celeste apartment tower

For most Australians, buying an apartment is one of the biggest financial decisions they'll ever make

The location, floorplan and price are often the first considerations, but in recent years another question has become increasingly important: who is actually delivering the project?

A series of high-profile builder collapses, construction delays and defect concerns have fundamentally changed how many Victorians approach buying off the plan. The collapse of Porter Davis in 2023, which reportedly left around 1,700 homes unfinished, became one of the most visible examples of the risks that can emerge when a construction company fails. <a href="https://www.equifax.com.au/sites/default/files/lpassets/pdf/Final-Business-Market-Pulse-June-Sector-Deep-Dive-Report-2.pdf">Similar challenges across the broader construction sector</a> have left buyers asking more questions before signing a contract.

As Victoria continues encouraging higher-density housing to address supply shortages, transparency is becoming just as important as location or price.

One tool increasingly entering the conversation is the <a href="https://icirt.com/">Independent Construction Industry Rating Tool (iCIRT)</a>, an independent assessment framework designed to help buyers better understand the developer or builder behind a project. Originally developed by Equifax in consultation with government and industry as part of NSW's Construct NSW reforms, the system has since expanded nationally.

<h2 data-end="1519" data-section-id="7nmx3" data-start="1492">What is an iCIRT rating?</h2>

Most Australians are familiar with independent ratings in everyday life.

We compare ANCAP safety ratings before buying a car. We look at Health Star Ratings in supermarkets. Banks rely on credit assessments when lending money.

Until recently, however, there has been very little independent information available to help apartment buyers assess the business responsible for delivering a residential project.

That gap is what iCIRT was designed to address.

Builders, developers and other construction professionals with an iCIRT rating have demonstrated high-trust characteristics through an independent, evidence-based assessment across six criteria: Character, Capability, Conduct, Capacity, Capital and Counterparties. This involves a rigorous review of financial health, past project track record, and ethical conduct. Crucially, an iCIRT rating could help provide property buyers with confidence that they are working with a professional who has demonstrated the capability, capacity, and willingness to return and rectify issues.

Importantly, iCIRT is not a recommendation to purchase a particular property, nor is it a traditional credit rating. It is an independent assessment framework designed to provide objective information about a construction business using a <a href="https://icirt.com/sites/default/files/2025-08/iCIRT-Methodology-Issue1-May-2021.pdf">published methodology</a>.

The system has been widely adopted in New South Wales, where more than one-third of medium and large residential builders and developers now hold an iCIRT rating, representing over two-thirds of the state's residential building market by value as of 2025/26.

<h2 data-end="3126" data-section-id="h6ohtj" data-start="3084">Why buyers are doing more due diligence</h2>

For many buyers, particularly those purchasing off the plan, the biggest risk isn't whether they'll like the kitchen finishes.

It's whether the project will be delivered on time, to the expected quality, and by a company capable of completing the development.

<a href="https://icirt.com/sites/default/files/2026-07/iCIRT%202025%20Consumer%20Survey%20Report%20v05.pdf">Consumer research commissioned by iCIRT</a> found more than half of respondents believed current protections do not adequately safeguard buyers from builder insolvencies or defective projects. Other research found 88 per cent of prospective buyers would seek independent ratings or due diligence before purchasing, while 90 per cent said trust in construction professionals is essential.

That doesn't mean buyers should rely on a single rating alone.

Independent legal advice, understanding the contract, and seeking financial advice all remain important parts of the due diligence process.

However, an independent assessment can provide another source of information alongside those traditional checks.

<h2 data-end="4138" data-section-id="pquzxc" data-start="4094">Trust is becoming a competitive advantage</h2>

The conversation isn't only changing for buyers.

Developers are also recognising that trust has become an increasingly important part of the sales process.

Five years ago, purchasers typically asked about floorplans, finishes and settlement dates.

Today, sales teams are increasingly being asked about the developer's experience, financial stability, previous projects and construction partners.

For companies with strong governance and established delivery records, an independent iCIRT rating provides another way to demonstrate those credentials before buyers even visit a display suite.

According to Equifax, the assessment can also help businesses drive sales and <a href="https://icirt.com/resources-for-business/icirt-rating-helps-scion-secure-high-value-projects">secure high-value projects</a>, as well as identify operational improvements and <a href="https://icirt.com/resources-for-business/mirvac-reinforces-brand-trust-and-quality-independent-icirt-rating">attract top talent</a>.

<h2 data-end="4962" data-section-id="1j54ng5" data-start="4912">Beyond buyers: lenders are paying attention too</h2>

The influence of independent construction ratings is also extending beyond consumers.

According to Stamford Capital's Real Estate Debt Capital Markets Survey, an increasing number of lenders now incorporate iCIRT ratings into their due diligence processes when assessing residential development finance applications.

The survey found lender adoption has continued to rise, with many respondents saying independent assessments provide additional insight into governance, counterparties and delivery capability beyond traditional financial analysis. Some lenders also reported declining funding applications where businesses had poor or no ratings.

As construction costs remain elevated and access to development finance becomes more selective, demonstrating credibility is becoming increasingly valuable.

<h2 data-end="5801" data-section-id="1qazuxs" data-start="5772">What it means for Victoria</h2>

Victoria's apartment market is entering a new phase.

The state is seeking to accelerate higher-density housing while simultaneously introducing reforms aimed at improving confidence in residential construction.

For buyers, that means there are more tools available than ever before to research the businesses behind a project.

For developers, it signals that transparency is becoming another point of differentiation in an increasingly competitive market.

Buyers are asking more questions than ever before and increasingly expecting independent information, not just marketing material, before making one of the biggest financial commitments of their lives.

Find out how to get iCIRT rated <a href="https://www.icirt.com/sites/default/files/2025-08/iCIRT-Infographic-Assessment-Process-Final.pdf">here</a>.

<hr data-end="6469" data-start="6466" />
The information contained in this article is general in nature and does not constitute personal, financial, legal or tax advice. It does not take into account your personal objectives, financial situation or needs. Therefore, you should consider whether the information is appropriate to your circumstances before acting on it and, where appropriate, seek independent professional advice.

This article contains links to third-party websites. These links are provided for convenience only. Equifax Australia does not control and is not responsible for the content, accuracy or privacy practices of external sites.

Copyright © 2026 Equifax Australia Information Services and Solutions Pty Ltd. All rights reserved.

Buying off-the-plan in Melbourne? How independent iCIRT ratings are set to change Victorian property

Prominent New Zealand apartment and hotel operator, <a href="/developers/safari-group">Safari Group</a>, is offering up a prime investment opportunity for Australians to purchase off the plan in one of the world’s most popular ski destinations.

They recently took to market Mountain Oak Queenstown Apartments, in the growing precinct of Remarkables Park in Frankton, near the airport and at the foot of The Remarkables - the mountain range the locals like to call “The Remarks”.&nbsp;

Sydney investors have shown interest in the one, two and three-bedroom apartments that secure high-season occupancy six months over the year, primarily over summer and winter months.

They average 90 per cent occupancy across their portfolio over January, February, March, August, November and December, while shoulder season months of April, July, September and October are still occupied 70 per cent of the time, with the growing appeal of Queenstown becoming not just a hotspot for the snow, but a lifestyle destination.

Even in the low seasons of May and June, occupancy levels reach around 40 per cent.

<img alt="Safari Group’s Mountain Oak Apartments brings new investment potential to Queenstown" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Ext_Cam15_Sunny.jpg?VersionId=SJAROUM_1s.Tr5ciMk4EEj5oAt_Vewmv" />

Safari’s Safari Hotels arm can also manage the holiday letting for an investor, from the listing on holiday accommodation websites such as Airbnb and Booking.com to the cleaning and maintenance of the investment. They’ve been in the short stay management business for 15 years and offer 24/7 support for investors, an important convenience benefit for any overseas investor

Another major drawcard for Australians is that New Zealand doesn’t have a stamp duty policy - so the entry price of NZ$639,000 (AU$586,000), is all that is payable on completion.

<img alt="Safari Group’s Mountain Oak Apartments brings new investment potential to Queenstown" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/313_Livingv2_WEB.jpg?VersionId=nV229fM0ZeYpoxOrX372HyGjfwY_LR8c" />

Safari is starting construction of the 141 apartments in Q2 this year, with a two-year build estimated to complete in mid-to-late 2027.<img alt="" data-entity-type="" data-entity-uuid="" height="15" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXczFpFAb7WuA6f4f9TtKWcqXyNwR8qqtakWv352ERkpqNlP3KwIo8YKxw67jZNHfpjEGIZGv5MQTbnvLZwNt8iu9IVdOrswOjCvBZ4zhSoOOLrpt6etVEZTN1gkBho0r_R72zdHNA?key=yq3daOanqHSb88QFd8jGYKdb" title="Click and drag to move" width="15" />​

The apartments will feature modern amenities and contemporary designs with expansive windows capturing sweeping views of The Remarkables mountain range.&nbsp;

Interiors are equipped with modern finishes, premium appliances, and secure electronic key-locked doors, ensuring a comfortable living experience for residents and guests alike.

With its strategic location near Coronet Peak and Cardrona Alpine Resort, as well as key retail and dining precincts such as Market Street, Five Mile Shopping Centre, and Remarkables Market, Mountain Oak offers a strong proposition for investors seeking high rental yields and capital appreciation in one of New Zealand’s most sought-after locations.&nbsp;

Queenstown’s sustained demand for visitor accommodation and rental properties is underpinned by a shortage of housing options, attracting both local and international buyers.

Safari Group offers low-touch investment proposition in Queenstown’s popular ski fields district

<html><body>
Another business in the troubled construction industry has collapsed, with a Tasmanian builder of modular homes placed in administration after more than three decades in business.
However, despite the string of collapses in the niche segment of the construction sector, an IBISWorld report from last month found demand for prefabricated metal buildings in the residential market is expected to increase.
A statement from corporate advisory firm McGrathNicol confirmed "Tasmania's leading manufacturer of modular homes", Mornington Park Homes, was placed in receivership.
Rob Kirman and Matthew Caddy of McGrathNicol were appointed and took control of company assets and affairs. Following an assessment of its financial situation, it was determined Mornington Park Homes could no longer continue trading, Kirman said in a statement.
"McGrathNicol is in the process of seeking urgent expression of interest for the business and assets of Mornington Park Homes and will be placing a public announcement calling for expressions of interest in the coming days," Kirman said in the statement.
A spokesperson for McGrathNicol told SmartCompany no further information was available at this stage.
Over the past 32 years the business has produced nearly 32,000 transportable homes in Tasmania.
Mornington Park Homes is just one of a long list of construction companies to go under recently, with Australian Securities and Investment Commission figures indicated <a target="_blank" href="https://www.smartcompany.com.au/construction-and-engineering/054290-construction-company-collapses-owing-18-million-as-insolvency-figures-show-industry-in-for-more-pain">one-fifth</a> of the reported 10,632 company collapses last year were construction companies.
In November last year, New South Wales modular homes company Trade Fusion also collapsed.
An IBISWorld report from last month found demand for prefabricated metal buildings in the residential market is set to rise.
"Demand is forecast to expand solidly over the next five years, with the value of new housing construction averaging cyclical growth of an annualised 4.3%," the report says.
The industry is dominated by small businesses, with 90% of companies employing fewer than 20 people.
The industry-wide report into the manufacturing of prefabricated metal buildings found the annual growth rate for the industry between 2008 and 2013 was 8%, driven by the mining boom and the one-off government stimulus for refurbishment of primary school classrooms.
The report says while businesses supplying goods to the mining industry grew significantly during the 2000s, the housing sector struggled, leading to the high number of insolvencies in residential construction.
"Firms supplying products to the household and commercial property markets have encountered subdued demand conditions since the mid-2000s," the report says.
This article originally appeared on <a rel="nofollow" href="https://www.smartcompany.com.au/index.php" target="_blank">SmartCompany</a>.
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Tasmanian modular home builder placed in receivership

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Improving housing affordability is failing to encourage first-home buyers to step onto the property ladder – in fact the exact opposite is happening.
Despite the proportion of income required to meet loan repayments decreasing 1.4 percentage points to 30.4% over the December quarter, the number of new finance commitments to first-home buyers decreased 9.1% over the quarter and 17.4% over the year to be at their lowest level since the March quarter of 2005, according to the latest Adelaide Bank/REIA Housing Affordability Report.
The report found that first-home buyers made up just 16.5% of the market over the December quarter compared to 19% in the September quarter.
This trend looks set to continue with <a target="_blank" href="/news">mortgage broker AFG </a>recording first-home buyers as accounting for just 12.9% of home loans arranged by the group over February, down from 13.2% in January.
First-home buyer numbers fell dramatically in NSW from 11,117 in the December quarter of 2011 to just 4,459 in the December quarter of 2012, according to the REIA.
In comparison first-home buyer numbers increased in Victoria over the same time frame from 6,528 to 7,169 and also increased in WA from 3,699 to 5,014.
REIA president Peter Bushby says that largely due to a higher average income, the ACT remains the most affordable state or territory in which to buy a home, with the proportion of income required to meet loan repayments at 18.7%.
“Though the proportion of income required to meet loan repayments decreased to 36.0%, New South Wales remained the least affordable state or territory in which to buy a home,” he adds.
“Compared to the 2011 December quarter, all states and territories recorded improvements in housing affordability, the largest in Queensland and South Australia.”
<img src="/images/stories/2013/03/reiamarch6.jpg" width="470" height="304" alt="reiamarch6">
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First-home buyer numbers fall to near eight year low despite improving housing affordability: REIA

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Everton Plaza, an almost fully-leased shopping centre located in Brisbane’s inner northwest, is expected to attract retail investors.
Stewart Gilchrist and Matthew Curtain of Colliers International have been tasked with the marketing campaign on behalf of Centa E Pty Ltd.
They expect the plaza will garner the interest of both local and interstate buyers.
“Indeed, the fact that the centre is well established and has almost no vacancy will be one of the most attractive aspects for any investor,” they said.

The 1.75-hectare Everton Park property, located at 791 Stafford Road, has a lettable area of 7,200 square metres with up to 230 parking spaces and features frontage to arterial roads South Pine Road and Stafford Road as well as to two rear streets.

With anchor tenant Coles, the complex comes with 26 other specialty tenants including ANZ, Chemmart, BWS, Australia Post, Brumby’s, Domino’s Pizza and the Fernwood Fitness studio which occupies the whole of the first floor.

Matthew Curtain estimates that on a fully leased basis the net annual income of the building has a $2 million potential.
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Brisbane's Everton Plaza expected to attract local and interstate buyers

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The Meat &amp; Wine Co will open a new restaurant in the InterContinental Hotel at 117 Macquarie Street in the Sydney CBD.
The international steakhouse group will take the 320-square-metre space previously occupied by Justin North's Etch restaurant.
North's restaurant group, which included the award-winning Becasse restaurant and Etch, <a href="https://www.propertyobserver.com.au/commercial/justin-north-s-restaurant-group-collapses/2012060855048" target="_blank">collapsed in June last year</a>.
The Meat &amp; Wine Co, which is owned by Food Fund Australia, has taken a five-year lease with a five-year renewal option in a deal negotiated by CBRE’s Leif Olson.
The rental terms have not been disclosed.
The Meat &amp; Wine Co already has a restaurant at Darling Harbour (pictured below) and on Melbourne's Southbank, with a restaurant in Hawthorn East set to open next month.
<img src="/images/stories/2013/03/meatandwinemarch5one.jpg" width="470" height="313" alt="meatandwinemarch5one">
Olson said location was a key factor in the Macquarie Street lease.
“The opportunity to secure a prominent space within a luxury hotel with close proximity to Circular Quay was central to The Meat &amp; Wine Co’s decision,” Olson said.
The Meat &amp; Wine Co was established in 2000 by two of South Africa's most successful restaurateurs, Costa Tomazos and Bradley Michael.
Michael said the venture represented a new approach for the group.
“The InterContinental site offered us the iconic location we were looking for, however with 140 seats the space will allow us to create a smaller, more intimate model than our 300-plus seat flagship Darling Harbour location,” Michael said.
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Meat & Wine Co takes Etch space in Sydney's InterContinental Hotel 

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Office vacancy rates in in the Sydney suburbs have tightening noticeably over the past 12 months to January, according to a new report from Knight Frank.
Knight Frank records the suburban office vacancy rate declining from 9.5% to 7.9% between January 2012 and January 2013.
The Sydney suburban office market excludes the CBD and North Sydney office markets.
“While the drop in vacancy was partly a function of net supply, it was also reflective of steady organic demand,” notes Knight Frank.
Positive net absorption for the year (office space leased minus office space withdrawn from the market) measured 47,396 square metres or 1.6% of total stock.
The graph below shows that the vacancy rate has tightened in all suburban markets, bar the outer western Sydney market. 
Click to enlarge
<a title="Click to enlarge" rel="shadowbox" href="/images/stories/2013/03/chartoftheweekmarch6.gif"><img src="/images/stories/2013/03/chartoftheweekmarch6thumb.gif"></a>
According to Knight Frank, the majority of leasing activity which drove the healthy absorption figure occurred in the first half of 2012 with some loss of momentum in the second half of the year.
“This pattern was commensurate with the labour market, which showed metropolitan Sydney outperformed the NSW state total between mid-2011 until the second half of 2012 when both markets experienced some softening.
“With business conditions and confidence still below trend levels it is likely that leasing conditions will remain inconsistent over the first half of 2013 before an anticipated improvement in employment growth towards the end of the year.
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Sydney suburban office vacancy rates tightening: Chart of the week

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Let's go right back to basics and break down a commercial property investment into its fundamental components.
You see, very few investors seem to spend enough time to fully understand what's involved.
<h3>Your Investment = Equity + Debt + Ideas + Time</h3>
And you may care to explore each of these aspects in a little more detail.
<h3>Equity</h3>
When first starting in commercial property, most people assume equity simply means available cash. But that doesn't necessarily always need to be the case.
Naturally, every deal should stand on its own, from a financing perspective. In other words, you shouldn't allow your lender to control multiple properties as collateral, for just one loan.
However, that doesn't mean you can't arrange a line of credit on your home (or another residential property) to provide all, or part, of the equity required to secure the commercial property.
<h3>Debt</h3>
The lender for your new purchase doesn't really care where your equity (say 30%) actually comes from — so long as the income from the commercial property provides at least 1.2 times coverage, for your interest payments.
When arranging your finance, you need to pay particular attention to the loan structure. There are several things you should keep in mind, like:
<ul>
<li>Not just focusing on the rate and fees;</li>
<li>Building in flexibility for the future; and</li>
<li>Taking control of the actual valuation.</li>
</ul>
But right from the outset, you should always be considering clever...
<h3>Ideas</h3>
For you to enjoy "super growth" on your investment, you should continually be looking for properties where you can add genuine value.
And this comes in a variety of guises:
<ul>
<li>Bringing under-let tenancies up to proper market rentals;</li>
<li>Planned and progressive upgrading during your ownership;</li>
<li>Subdividing ONE title into two or more smaller components; or</li>
<li>Identifying change-of-use opportunities, to generate a higher net income from basically the same property.</li>
</ul>
No doubt you will come up with even more ways of your own, as to how you can add some further value.
<h3>Time</h3>
If you have bought well, your commercial property will generally grow in value (with inflation) over time. That's even if you do nothing by way of adding any value yourself.
So really, it all comes down to your attitude towards property management. And here you have several choices:
<ul>
<li>File and forget;</li>
<li>Maintain the property only when required;</li>
<li>Maintain the property in original condition; or</li>
<li>Adopt an ongoing program for upgrading.</li>
</ul>
If you're a bit of a scrooge, you will opt for either of the first two — and probably try to manage the property yourself.
However, this could prove a rather foolish approach, particularly given the current-day statutory compliance requirements.
As such, you would not only be missing out on growth opportunities but also running the real risk of incurring significant fines.
Engaging a professional property manager will allow you to implement, and benefit from, tax-deductible improvements, for which the market will ultimately reward you handsomely.
Bottom line: commercial property investing simply requires common sense, not rocket science.
Chris Lang is an advisor to commercial property investors and gives keynote speeches and regular seminars on the best way to invest in commercial property. He maintains a blog, <a href="https://bitly.com/IFf40C" rel="nofollow">his-best.biz</a>, which he updates regularly about the best way to get the most out of your commercial property investment.
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Commercial property investing simply requires common sense: Chris Lang

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Hobart house vendors are forced to offer the deepest discounts in order to secure sales, according to RP Data figures for the week ending March 3.
Hobart houses are selling for an average of 12% less than the vendor's original price hopes, and units are selling for an average of 5.8% less.
Meanwhile, Adelaide is the capital city where apartment vendors are having to offer the biggest discounts. Adelaide units are selling for an average of 7.2% less than their original price hopes. Similarly, Adelaide houses are being discounted at an average of 7.5% to secure sales.
Canberra vendors are having to offer the least discounts to complete sales, with average discounts of 4% for houses and 2% for units.
<img src="/images/stories/2013/03/rpdataweeklymarch5vendordiscount.gif" width="470" height="354" alt="rpdataweeklymarch5vendordiscount">
The rate of vendor discounting is the average percentage difference between the original listing price and the final selling price.
The statistics are calculated across results received by RP Data over the past week and include properties transacted over the past four weeks.
The data is based on private treaty sales only and records without a valid sale price have been excluded from the vendor discount analysis. The analysis also excludes results where there are less than 10 observations.
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Hobart house vendors discounting the most to secure sales: RP Data weekly index

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Malaysian developer Mammoth is seeking to expand its residential apartment projects in Melbourne following the success of its first project, MY80 Silver Skies.
The $250 million, 55-level skyscraper development at the corner of Elizabeth and A’Beckett streets is 80% sold with completion due late next year.
Mammoth has already added to its Melbourne CBD residential site inventory following its purchase, last December, of a sister site at 398 Elizabeth Street for $15.1 million, after negotiations with Mark Wizel at CBRE.
Mammoth hopes to build a sister tower on the site to complement MY80 (pictured below).
<img height="708" width="400" src="/images/stories/2013/03/my80march5one.jpg" alt="my80march5one">
“Melbourne has a vibe and an infrastructure that makes it one of the most liveable cities in the world. I have been very happy with our investments in Melbourne, and I am looking for other opportunities, particularly in the retail sector,” Mammoth owner and director Sean Ng told Property Observer during his recent visit to Melbourne.
“There are not many major cities in the world that has the infrastructure, the vibe and soul like Melbourne and still easily accessible by car or public transport.
“I want to bring to the people of Melbourne a sense of vibrancy with our projects and also international retail experiences.”
While Mammoth is not a well-known name (yet) in Australia, it is a substantial property development business in Malaysia, with its latest project being the 40-hectare development ‘Empire City’ on the outskirts of Kuala Lumpur, which will include retail, hotels, apartments and offices in a 12-tower complex with two Marriot-managed hotels and a 20-screen cinema complex.
The MY80 Melbourne site is smaller in comparison as it sits on a 1012-square-metre site.
<img height="246" width="470" src="/images/stories/2013/03/my80march5two.jpg" alt="my80march5two">
It is located just one block from RMIT University, Melbourne Central shopping centre and railway station and the Queen Victoria Markets.
The University of Melbourne is a short walk to the north and private colleges are in plentiful supply in the neighbourhood.
Designed by architectural firm Hayball, the curving, shimmering tower will offer residents a range of benefits not usually seen in this corner of the city.
The top floor is dedicated to a rooftop sky deck and terrace with spectacular views of Melbourne from the hills of the Dandenongs to city lights to the bay.
“A perfect place to sit back, relax with a wine from the cellar and catch up with friends, or for time out reading your favourite book – Manhattan style at its best,” says Andrew Fortey, co-founder and managing director of PDS Group, which represents Mammoth Empire Holdings and other Asian property developers in Melbourne.
“We see there are substantial opportunities for growth as we enter the Asian market, and we’ve already had referral work from the Asian-based developers in Melbourne and our portfolio of Asian developers continues to grow,” says Fortey.
For more on the allure of Australian property to Asian buyers, <a target="_blank" href="http://propertyobserver.com.au/ebooks/free-ebook-australias-allure-for-asian-residential-property-investment">download our free eBook. </a>The eBook is also available for<a target="_blank" href="http://propertyobserver.com.au/ebooks/australias-allure-for-asian-residential-property-investment-free-ebook"> free download in Chinese.</a>
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Mammoth seeks new Melbourne apartment opportunities following success with first residential tower

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<img height="160" width="400" alt="melbourneunits" src="/images/stories/2013/03/march5rpdata/melbourneunits.jpg">
The median gross rental yield landlords are securing for units in Melbourne, according to <a rel="nofollow" target="_blank" href="https://www.myrp.com.au/" style="font-size: 14px;">RP Data.</a> The median gross rental yield across Australia's eight capital cities was 4.9% for the quarter ending February 28, 2013.
<img height="158" width="400" alt="adelaideunits" src="/images/stories/2013/03/march5rpdata/adelaideunits.jpg">
The median gross rental yield landlords are securing for units in Adelaide, according to <a rel="nofollow" target="_blank" href="https://www.myrp.com.au/" style="font-size: 14px;">RP Data.</a> The median gross rental yield across Australia's eight capital cities was 4.9% for the quarter ending February 28, 2013.
<img height="170" width="400" alt="sydneyunits" src="/images/stories/2013/03/march5rpdata/sydneyunits.jpg">
The median gross rental yield landlords are securing for units in Sydney, according to <a rel="nofollow" target="_blank" href="https://www.myrp.com.au/" style="font-size: 14px;">RP Data.</a> The median gross rental yield across Australia's eight capital cities was 4.9% for the quarter ending February 28, 2013.
<img height="186" width="400" alt="hobartunits" src="/images/stories/2013/03/march5rpdata/hobartunits.jpg">
The median gross rental yield landlords are securing for units in Hobart, according to <a rel="nofollow" target="_blank" href="https://www.myrp.com.au/" style="font-size: 14px;">RP Data.</a> The median gross rental yield across Australia's eight capital cities was 4.9% for the quarter ending February 28, 2013.
<img height="157" width="400" alt="perthunits" src="/images/stories/2013/03/march5rpdata/perthunits.jpg">
The median gross rental yield landlords are securing for units in Perth, according to <a rel="nofollow" target="_blank" href="https://www.myrp.com.au/" style="font-size: 14px;">RP Data.</a> The median gross rental yield across Australia's eight capital cities was 4.9% for the quarter ending February 28, 2013.
<img height="160" width="400" alt="canberraunits" src="/images/stories/2013/03/march5rpdata/canberraunits.jpg">
The median gross rental yield landlords are securing for units in Canberra, according to <a rel="nofollow" target="_blank" href="https://www.myrp.com.au/" style="font-size: 14px;">RP Data.</a> The median gross rental yield across Australia's eight capital cities was 4.9% for the quarter ending February 28, 2013.
<img height="155" width="400" alt="brisbaneunits" src="/images/stories/2013/03/march5rpdata/brisbaneunits.jpg">
The median gross rental yield landlords are securing for units in Brisbane, according to <a rel="nofollow" target="_blank" href="https://www.myrp.com.au/" style="font-size: 14px;">RP Data.</a> The median gross rental yield across Australia's eight capital cities was 4.9% for the quarter ending February 28, 2013.
<img height="174" width="400" alt="darwinunits" src="/images/stories/2013/03/march5rpdata/darwinunits.jpg">
The median gross rental yield landlords are securing for units in Darwin, according to <a rel="nofollow" target="_blank" href="https://www.myrp.com.au/" style="font-size: 14px;">RP Data.</a> The median gross rental yield across Australia's eight capital cities was 4.9% for the quarter ending February 28, 2013.
For RP Data figures on yields landlords are securing for houses in Australian capital cities, see our story <a href="https://www.propertyobserver.com.au/landlords/melbourne-houses-deliver-lowest-rental-yields-rp-data-capital-city-analysis/2013030359673" target="_blank">here</a>.
Photo courtesy of Flickr.
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Melbourne units deliver lowest rental yields: RP Data capital city analysis

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As someone who travels interstate regularly, one of my major frustrations (as I am sure it is with most passengers) is with airport delays.
Whether it is planes delayed in their take-off or coming home to Brisbane and having to circle over the Gold Coast for 30 minutes before we have clearance to land, it is one of the least enjoyable aspects of travel.
<div class="entry">
When you have a look at the growth in flight and passenger numbers over recent years and consider the lack of investment in additional airports or airport expansions it is no surprise why delays are virtually inevitable.
Data published by the Australian Department of Infrastructure and Transport highlights airport passenger figures, which shows why so many of our planes are leaving or arriving so late.
Politically, building new airports is a very sensitive issue, as highlighted by the fact that governments have been trying to agree on a site for a second Sydney airport for many years and we still appear no closer to a solution.
Preliminary data shows that the number of airport movements increased by 4.2% throughout 2012, with 1,429,497 flights over the year and 140,928,756 passengers.
The major capital city airports have seen flight volumes increase by 4.1% over the year and passenger number growth of 4.8%, while the number of flights has increased by 4.6% in non-major capital city airports with passenger growth of 2.7%.
The nation’s three busiest airports are those which service the three largest cities (Sydney, Melbourne and Brisbane).
These three airports accounted for 48.7% of all flights over the year and 61.7% of all passengers. When you include the fourth largest airport, Perth, 55.5% of all flights and 70.7% of all passengers went through these four airports.
Sydney airport alone accounted for 20.9% of all flights and 26.3% of all passengers.
Of course, these four cities service the most populous regions of the country and they account for about 56% of residents, highlighting that the number of flights is in-line with the population, however, there is a disproportionate amount of passenger movements through these four airports.
This is largely due to the fact that these four airports act as the major hubs for international flights and many intra-state connecting flights.
<a rel="wp-prettyPhoto[g1943]" href="https://blog.rpdata.com/wp-content/uploads/2013/03/Major-airports.jpg"><img height="240" width="570" src="https://blog.rpdata.com/wp-content/uploads/2013/03/Major-airports.jpg" title="Major airports" class="aligncenter size-full wp-image-1945"></a>
Over the past 20 years, the number of flights at a national level has increased at an average annual rate of 1.3% and the average annual rate of growth has been a much higher 2.7% over the same period across major capital city airports.
Over the period, flight numbers through Perth have increased at an average annual rate of 4.7% followed by 3.2%pa through Brisbane and 3.1%pa through Melbourne.
<a rel="wp-prettyPhoto[g1943]" href="https://blog.rpdata.com/wp-content/uploads/2013/03/No-of-flights-table.jpg"><img height="336" width="570" src="https://blog.rpdata.com/wp-content/uploads/2013/03/No-of-flights-table.jpg" title="No of flights table" class="aligncenter size-full wp-image-1946"></a>
The reason why these airports are seeing so much traffic is because most of the major businesses are located in these cities and these airports also generally act as gateways to the regional areas of the state.
Despite the fact that air travel has surged over recent times, there has been very little investment in airport infrastructure. Outside of the expansion of Avalon Airport in Victoria as a second Melbourne airport there has been minimal action on secondary airports or development of additional runways.
The cost associated with delayed flights to businesses and the negative impact these delays potentially have on Australia’s tourism sector are, I believe, too important to ignore. The statistics show that air travel is continuing to grow, but airport capacities are failing to grow accordingly.
Let me know what you think. How important is it to provide additional major airports and to boost the capacity of our current airports? Is enough being done to cater to our future needs?
Cameron Kusher is senior research analyst at<a target="_blank" rel="nofollow" href="https://www.rpdata.com.au/"> RP Data</a>.
</div>
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