<a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a> offers plenty of reasons to live vertically, but moving from a substantial family home into an apartment can expose the compromises of high-density living. Privacy, room for guests and usable living space tend to matter more when an apartment is intended as a permanent home rather than an occasional coastal base.

A typical residential floor at <a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a>, on Surf Parade,&nbsp;contains just four apartments. The 94-residence development by <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> is predominantly made up of expansive three-bedroom homes, with a limited collection of half-floor penthouses above.

Across the apartment floors, <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has used the relatively limited number of residences to give each home greater access to natural light and outlook. Living spaces extend towards full-height glazing, while a series of bay windows frame selected views across the Pacific Ocean, city and hinterland rather than treating the building edge as a continuous wall of glass.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360965]

“The apartment floors deliver a collection of homes that embrace controlled outlook via a series of bay windows deliberately framing moments of view,” Rothelowman Director Kim Lowman said.

From outside, those projecting forms contribute to the tower’s faceted profile. Strong horizontal and vertical elements establish its proportions, while the changing position of the sun alters the light, shadow and reflection across the façade throughout the day.

The same attention moves inside the apartments, where the material palette combines warm timber, natural stone, metallic detailing and softer curved forms. Kitchens sit within the main living zone, with stone island benches, integrated joinery and European appliances, before the living areas extend towards the glazing and the outlook.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360981]

Three genuine bedrooms provide room to accommodate family and guests, while two secure car spaces and storage address some of the practical considerations that can become more noticeable when moving from a larger home. Feedback from the display suite has centred on the warmth and restraint of the interiors, with buyers commenting that the residences feel like homes rather than conventional coastal apartments.

A limited collection of half-floor penthouses occupies the upper levels, increasing the scale of the living spaces and adding private balconies and elevated finishes. From this position, the outlook extends between the ocean and hinterland.

Outside the private residences, The Eveleigh separates its shared spaces between the podium and rooftop. The podium is centred on wellness, with subtropical landscaping surrounding a swimming pool and pool terrace, yoga garden, private gymnasium, sauna and hot and cold plunge facilities. Landscaped retreats and pavilions provide additional places to sit away from the main recreation areas.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360966]

Higher in the building, a rooftop pavilion and private dining suite sit alongside resident lounge, barbecue and outdoor dining areas, opening towards panoramic views across the ocean, city and hinterland.

“Buyers are no longer just looking for an apartment, but a lifestyle where they can relax, reset, and enjoy a balanced way of living,” Hirsch &amp; Faigen Director of Sales Matt George said.

Interest to date has come from established owner-occupiers and interstate lifestyle purchasers, including buyers planning a future move to the Gold Coast. Many are coming from larger homes and want to reduce ongoing maintenance without giving up space for family and guests, privacy, two car spaces or the ability to entertain at home.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360969]

Much of that daily life can also take place beyond the building without requiring a drive. Kurrawa Beach and Pratten Park are an easy walk from Surf Parade, while Pacific Fair, Oracle Boulevard, The Oasis, restaurants, cafés, entertainment and public transport are also within walking distance.

The Eveleigh is Hirsch &amp; Faigen's fourth Gold Coast development since entering the market in 2021, following The Hemingway at Palm Beach, The Emerson at Kirra and Yves at Mermaid Beach. Each of the preceding projects sold out before completion.

“Broadbeach had been on our radar throughout our time operating on the Gold Coast,” the developer said. “Following our projects in Palm Beach, Kirra and Mermaid Beach, Broadbeach represented the natural next step for the business.”

The Surf Parade site brought together proximity to the beach, protected coastal outlooks and walkability to dining, shopping and recreation. Hirsch &amp; Faigen also identified the street as an emerging premium residential address, with enough separation from Broadbeach's busier destinations to retain a quieter environment at home.

The Eveleigh is now under construction by Maxcon, with completion forecast for mid-2028. Three-bedroom residences are currently available from $2.87 million.

[smartcode_project_cta:default project_id=149670]

Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

A long-stalled Campbelltown development site is back in play, with new plans for 139 apartments set to supersede a mixed-use scheme approved almost a decade ago but never built.

The new proposal for 28 Cordeaux Street would deliver 116 market and 23 affordable apartments in a part 14-storey building, bringing a substantial new project into a Campbelltown market where new apartment supply remains limited.

Plans have been filed over the 3,092 sqm corner site at Moore-Oxley Street, around 600 metres from Campbelltown Railway Station and the city-centre retail core.

The site already carries a mixed-use residential approval dating to 2016. Doroch Architects has now been engaged on a larger replacement scheme, which is progressing as a State Significant Development Application following a Housing Delivery Authority determination in August 2025.

The apartment mix comprises 39 one-bedroom, 72 two-bedroom and 28 three-bedroom residences. Two-bedroom apartments make up just over half of the project, while three-bedroom homes account for 20 per cent.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="136dd5b9-3791-4da6-9e31-76f533f5b4de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da2.png?VersionId=LgOSy9nwf5u.MGswBBwaGGxuX8QpHSl_" />

Of the 139 apartments, 23 will be delivered as affordable housing under the in-fill affordable housing provisions of the Housing SEPP. The affordable component represents 15 per cent of the residential gross floor area and will be managed by a registered Community Housing Provider.

Doroch has sought to break the scale of the building into two distinct elements, with a masonry podium of around four storeys establishing the street edge before the residential tower steps back above.

The corner position has shaped that approach. Cordeaux Street faces toward the commercial and civic centre, while Moore-Oxley Street leads into the lower-scale residential neighbourhood to the south, and the design verification report describes the site as "bridging the commercial core to the north and established residential areas to the south."

The podium will be expressed predominantly in face brick, while the upper levels shift to brushed and grooved concrete cladding with darker metal detailing. Recessed sections, deep balcony edges and landscaping break down the upper form, with an approximately 11.8-metre setback to the northern boundary addressing the adjoining St Peters Anglican School.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="c8b3d2d3-c561-4bfc-a5d9-a68c0c10dac1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da1.png?VersionId=AeAEyJU02Gk2k5noUj2StziCvdQ7fW4B" />

Campbelltown has been starved of new residential developments in the last decade.

The only other notable development set to come to market this year is ALAND's Queen Square, a mixed-use precinct on over two hectares that will comprise apartments above a vibrant ground-level retail and hospitality dining precinct.

First look: New 139-apartment plans revive long-stalled Campbelltown city centre site

First Look: Sherlock Construction pitches apartments for low-rise Deception Bay

Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

First look at MAYD's North Kirra mixed-use precinct

<main data-perf-region="main">
Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

&nbsp;

[smartcode_project_cta:default project_id=152737]

<h3 data-end="3697" data-section-id="q3n5ak" data-start="3672">&nbsp;</h3>
</main>

Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

Land Value

<html><body>
The cost of purchasing a plot of land in Melbourne rose 12.4 percent in 2016, buoyed by low interest rates, strong auction clearance rates and population growth, with the trend expected to continue this year.
The latest figures from project marketers red23 add to the strength of the Melbourne property market where house prices surged 15 per cent in 2016 ( CoreLogic), says a recent article in the Australian Financial Review. 
Across the 143 active housing projects tracked by red23, the Melbourne median lot price rose to just under $240,000, though buyers were compensated with slightly bigger blocks of land, with the median lot size rising from 420 to 448 square metres.
Explaining the surge in land prices, Red23's head of research Andrew Perkins was quoted by the AFR as saying, "In 2016, we saw interest rates at an all‐time low, the strongest auction clearance rates since 2009, continued strong population growth, affordability relatively sound in comparison to Sydney and confidence levels stable.
A Melbourne lot is still 40 percent cheaper on average than a Sydney lot. The October HIA-CoreLogic Residential Land Report recorded a Sydney median lot price of $420,000 for a 450 sq m block.
"This suggests that all things being equal, 2017 will be much the same [for price growth]," he added.
Factoring in the cost of building, a new three-bedroom home within 25 kilometres of the Melbourne CBD can still be bought for under $350,000. In Sydney's outer west, a new three-bedroom home will cost around $600,000.
According to red23, lot price growth was strongest in Wyndham in the south-west, home to the more established growth suburbs like Point Cook and Williams Landing, where lot prices soared 28 per cent to $270,000 and weakest at just 3.8 per cent in Hume in the north and Melton in the west.
Strong buyer demand was also a key factor in rising lot prices, with the Victorian Planning Authority reporting a record 22,000 lot sales in the year to September – Melbourne is home to the country's fastest selling housing estate, the 7000-lot Woodlea estate at Rockbank in the west being developed by Mirvac and VIP Properties.
The strong rise in lot prices and record demand for new housing has seen developers pay huge sums of money for land in the outer suburbs.
</body></html>

jonathanchancellor-7SQnKwU6yx

Melbourne land prices rose in double digits in 2016

<html><body>
GUEST OBSERVER
The continuing question of what return a rural property can demonstrate has been the source of many discussions between valuers, investment managers and accountants involved in financial modelling of rural assets.
Buyer motivation, data access and credibility, commodity and seasonal fluctuations are among the variables that influence a decision about how much someone will pay for an asset.
So while a complex calculation can be built, I asked my research guy Rick, if he could simply overlay the Eastern Young Cattle Indicator (EYCI) and Queensland Cow Market Indicator (QCMI) across the Queensland Grazing Property Index (QGPI) as reported annually by Herron Todd White and see what came up.
The result is per the graphic below and it reveals a very interesting story.
EYCI and QCMI with the QGPI for settled ales over 2,000 hectares
<a href="/images/2016/09/01/Screen%20Shot%202016-09-01%20at%2010.25.55%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/01/Screen%20Shot%202016-09-01%20at%2010.25.55%20AM.png" alt="">
For the period 1997 to 2004 the result reflected that  the land values moved in line with, but six months behind the underlying commodity movements with a high conviction.
From 2004 to 2009 however the value of rural land growth to the peak of the market in 2009 was significant with values increasing 62% on the median price in the five years, the ECYI decreasing 15.5% and the QCMI decreasing 10.6%. In other words the driver of land value was not reflective of the commodity return. This disconnect was also highlighted in the QRAA Rural debt surveys in 2009 and 2011.
From 2009 to 2013 the conviction between the land value and commodity return come back into relative alignment, but largely because of the fall in values not the rise in commodity prices.
2014 and 2015 then show the impact of the significant shift in the beef pricing and subsequent impact on land values. The rate of growth in the curve for the EYCI and QCMI is as sharp as at any point in the past 20 years which is no surprise for those in the industry. The jump in land values however is possibly more of a surprise.
So the question then moving forward for all stakeholders is what is the sustainability of the commodity market pricing relative to current sale yard, processor grids and live export pricing? There are potential risks out there (Indian frozen buffalo, Brazil exports etc) that could place a cap on prices and possibly see a reduction in the market place. If this were to occur, the logical view would be that the land values if still following the lag period would adjust accordingly or at least flatten out.
I have recently presented to a few banks and corporate clients and commented that the rapid rise in values in some sense has actually in my mind brought time forward. Where we thought the values may get to in say 2018 have been achieved in 2015 and 2016. The shift has been good for vendors and agents are reporting across the country that it is harder to find or list assets relative to the demand currently. Does the market settle a bit to draw breath or does demand see another level of value shift in land? Only time will tell.
Conclusion: Forecasting the land value movements based on the commodity price overlay which has a six month lag may be a good guide to looking at least into the short term land market values. This assumes the conviction between the commodity outlook and the land values remains high. Of course valuers are not there to forecast or predict the future. They deal with settled sales evidence in a consistent manner of analysis so that our clients have a consistent reference for the conclusions drawn.
The Australian Farm Institute has for its winter edition sought to investigate this question and I was fortunate enough to be asked to contribute to the discussion.
For those interested in reading the five articles from industry and educational institutions, go to the website <a href="https://www.farminstitute.org.au" target="_blank">www.farminstitute.org.au</a> and you can subscribe to the journal. The process of writing this article was good in that it really challenged me to look nationally for information and data to see where the value relationship to land and returns sits based on settled sales over many years. 
Tim Lane the national rural director at HTW and can be contacted <a href="https://www.htw.com.au" target="_blank">here</a>.
 
</body></html>

jchancellor-FAypfDUnLy

Rural returns and land values: HTW's Tim Lane

<html><body>
<div>
On 1 July 2016, Land and Property Information (LPI) will separate into five discrete units which will be integrated into the Department of Finance, Services and Innovation (DFSI) - see organisation chart below. 
<ul>
<li>LPI – Titling and Registry Services</li>
<li>Office of the Registrar General</li>
<li>Spatial Services</li>
<li>Valuation Services</li>
<li>Office of the Valuer General</li>
</ul>
Why we’re changing
LPI was formed around 16 years ago to create a government agency with responsibility for land valuation, land titling and registration and surveying, mapping and spatial information. The division has operated successfully throughout this period and many synergies have been created. 
With advances in technology, many manual processes are now digital and there are channels to ensure continued information sharing between the existing LPI units, without requiring the units to be grouped together as one division. 
With this in mind, as part of a scoping study of LPI, the Government has concluded there is opportunity to provide more benefit to the State if the Titling and Registry Services (TRS), Valuation Services and Spatial Services units of LPI are separated and integrated into DFSI.
Further, the Government has decided to separate the regulatory and operational functions of LPI’s Titling and Registry Services. 
What is changing
The newly formed Office of the Registrar General (ORG) will oversee the operations of LPI - Titling and Registry Services (TRS) and focus on legislative change and policy administration relating to the conveyancing industry. This area will become part of the Better Regulation division, providing for a consistent approach to regulation across government. 
The split of regulatory and operational functions will enable TRS operations to focus on maximising efficiency, customer service and innovation - improving service outcomes for the conveyancing industry. 
Valuation Services will move into Property NSW and will benefit from synergies with the other units within the division that manage property across NSW. Valuation Services will continue to provide services to the Valuer General under a service level agreement. The Office of the Valuer General will remain a separate unit reporting to Parliament and the Secretary, DFSI
Spatial Services will be integrated into Government and Corporate Services to ensure spatial information is provided to other government agencies efficiently, maximising innovation in this rapidly evolving area of technology.
The separation was carefully designed to avoid any increase in complexity and the new model strengthens commercial performance, innovation and regulatory oversight. As part of this, a new pricing framework has been introduced.
Land and Property Information changes 2016
</div>
<div>
<a href="/images/2016/06/22/Structural_Changes_2016V3.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/06/22/Structural_Changes_2016V3.jpg" alt=""> 
</div>
<div>
<h2> </h2>
Operational
LPI – Titling and Registry Services
LPI – Titling and Registry Services (TRS) – maintains a secure and efficient system of land ownership and State-Government-guaranteed land title protection (under the Torrens system).
In September 2015, the NSW Treasury launched a comprehensive scoping study to investigate future options for Land Property Information (LPI). 
As announced on 20 May 2016, the Government has decided to offer a long term concession of 35 years for the management of the titling and registry services business of LPI.
You can also read the Treasurer’s announcement.
Spatial Services
Spatial Services, on behalf of the Surveyor General, creates and maintains a spatial representation of the State and acts as a ‘single source of truth’ for foundation spatial information and survey infrastructure and services in NSW. It supports the legislative and statutory requirements for the NSW Surveying and Spatial Information Act 2002.
Spatial Services provide leadership to NSW in the production and maintenance of foundation spatial datasets and services by capturing, sourcing, aggregating and quality-assuring information so that government, industry and the community can make informed decisions and create social and economic value.
It also digitises and preserves NSW state records including historic aerial imagery, land titles, plans and state survey records. 
Spatial Services will be part of Government and Corporate Services within DFSI.
Valuation Services
Valuation Services manages the valuation system on behalf of the Valuer General. The Valuer General delegates specific functions to Valuation Services, detailed in a service level agreement. 
Valuation Services: 
<ul>
<li>establishes and manages valuation contracts </li>
<li>monitors the performance of contract valuers </li>
<li>audits and quality assures land values </li>
<li>determines compensation following the compulsory acquisition of land </li>
<li>manages objections and appeals </li>
<li>delivers customer service </li>
</ul>
Valuation Services will be part of Property NSW, within DFSI.
Office of the Valuer General
An independent statutory officer appointed by the Governor of New South Wales, the Valuer General is responsible for: 
<ul>
<li>the valuation of land for rating and taxing </li>
<li>the determination of compensation when land is compulsorily acquired </li>
<li>setting standards and policies for the valuation system which is managed by Valuation Services </li>
<li>monitoring Valuation Services’ management of contract valuers </li>
<li>monitoring the quality of land values and services provided to the community by Valuation Services</li>
<li>providing professional leadership and stewardship to the valuation industry. </li>
</ul>
The Valuer General reports administratively to the Minister for Finance, Services and Property and the Secretary of DFSI.
Regulatory
Office of the Registrar General
The newly formed Office of the Registrar General (ORG) has assumed the regulatory functions of LPI – Titling and Registry Services (TRS). It will oversee the operations of TRS and focus on legislative change and policy administration relating to the conveyancing industry. The ORG will be integrated into Better Regulation in DFSI, providing for a consistent approach to regulation across government.
The Registrar General’s role 
The Registrar General maintains the NSW land titles system, which underpins over $130 billion dollars of economic activity in NSW each year. This includes the creation and maintenance of land titles records evidencing legal ownership and registered interests for land parcels and the examination and registration of plans and documents relating to land within NSW, while ensuring compliance with statutory requirements and protecting the integrity of the State’s cadastre. 
The NSW Government guarantees security of ownership for registered landowners recorded in the NSW land title system, ensuring confidence in the land title system.
 
For more information, <a href="https://www.lpi.nsw.gov.au/" target="_blank">click here</a>.
</div>
</body></html>

NSW land, property changes on July 1

<html><body><div class="page" title="Page 1">
<div class="layoutArea">
<div class="column">
House price growth accelerated during the March 2015 quarter as turnover fell 5.2% from the previous quarter, marking the third decline for land transactions in three consecutive  quarters.
Housing Industry Association chief economist Harley Dale said the combination of escalating residential land values and a related decline in sales volumes is not a good combination.
"The combination of significantly reduced turnover and strong price growth suggests that supply bottlenecks in residential land are intensifying," Mr Dale said.
"That is pricing new home buyers out of the housing market and capping the construction cycle at a lower level than would otherwise be the case.
According to the quarterly HIA CoreLogic RP Data Residential Land Report the residential land price in Australia increased 4.1% in March when with the previous quarter, up 8.2% from the same quarter last year. The amount of residential land transactions dropped 5.2% and is 17.6% lower than the same quarter last year.
CoreLogic RP Data research director Tim Lawless said the number of vacant land sales peaked over the June 2013 quarter and have since reduced by almost 30," Mr Lawless said.
"To see the price of land consistently rising over the same time frame suggests low supply is the main driver of this price growth rather than a slowdown in demand.
“Higher land prices translate to more expensive housing which is an unfortunate circumstance for those looking to purchase a detached house. Sydney stands out as the most expensive land market with a rate per square metre of $678, followed closely by Perth with a rate per square metre of $664.” 
 
<div class="page" title="Page 1">
<div class="layoutArea">
<div class="column">
<div class="page" title="Page 1">
<div class="layoutArea">
<div class="column">
<a href="/images/2015/07/20/Screen%20Shot%202015-07-20%20at%201.57.38%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/07/20/Screen%20Shot%202015-07-20%20at%201.57.38%20PM.png" alt="" width="812" height="459">
 
<a href="/images/2015/07/20/Screen%20Shot%202015-07-20%20at%201.57.46%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/07/20/Screen%20Shot%202015-07-20%20at%201.57.46%20PM.png" alt="" width="821" height="476">
</div>
</div>
</div>
 
<a href="/images/2015/07/20/Screen%20Shot%202015-07-20%20at%201.57.54%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/07/20/Screen%20Shot%202015-07-20%20at%201.57.54%20PM.png" alt="">
</div>
</div>
</div>
 
 
</div>
</div>
</div></body></html>

Land Value

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Land Value

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News