<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

Tradespeople

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Australia is in the midst of a tradie shortage in years with many home owners unable to find anyone qualified to complete their home improvement jobs, according to ServiceSeeking.com.au
On average, jobs listed on ServiceSeeking.com.au receive four quotes, however, there are a number of specific categories that aren't getting filled.
The website noted apprenticeships are now at their lowest since 2004, according to figures released by the Mitchell Institute. 
"This gap in the market offers a great opportunity for tradies looking to grow their business," Jeremy Levitt, CEO of ServiceSeeking said.
"The few tradies that do work in these industries are never short of work and charge premium prices as customers grow desperate to get them done."
The percentage of niche jobs in FY17 with no tradies:
<ol>
<li>Bathtub resurfacing (69%)</li>
<li>Glass installation (64%)</li>
<li>Staircase jobs (64%)</li>
<li>Garage, shed and carport installation (60%)</li>
<li>Stonework and masonry jobs (56%)</li>
</ol>
  
<table style="width: 712px;"><tbody>
<tr>
<td>
Niche Category
</td>
<td>
Missed revenue (FY17)
</td>
<td>
Average value per job
</td>
<td>
% of jobs with no tradies
</td>
</tr>
<tr>
<td>
Stonework and Masonry
</td>
<td>
$996,875
</td>
<td>
$3,438
</td>
<td>
56%
</td>
</tr>
<tr>
<td>
Cabinetmaking
</td>
<td>
$898,149
</td>
<td>
$1,576
</td>
<td>
39%
</td>
</tr>
<tr>
<td>
Garages, sheds and carports
</td>
<td>
$717,723
</td>
<td>
$643
</td>
<td>
60%
</td>
</tr>
<tr>
<td>
Insulation Installation
</td>
<td>
$645,641
</td>
<td>
$1,416
</td>
<td>
55%
</td>
</tr>
<tr>
<td>
Staircases
</td>
<td>
$504,000
</td>
<td>
$2,400
</td>
<td>
63%
</td>
</tr>
<tr>
<td>
Carpet laying and Installation
</td>
<td>
$404,172
</td>
<td>
$1,199
</td>
<td>
41%
</td>
</tr>
<tr>
<td>
Bathtub Resurfacing
</td>
<td>
$236,000
</td>
<td>
$500
</td>
<td>
69%
</td>
</tr>
<tr>
<td>
Tinting and films
</td>
<td>
$122,563
</td>
<td>
$360
</td>
<td>
46%
</td>
</tr>
<tr>
<td>
Fridge repair
</td>
<td>
$68,969
</td>
<td>
$146
</td>
<td>
55%
</td>
</tr>
<tr>
<td>
Glass Installation
</td>
<td>
$30,800
</td>
<td>
$560
</td>
<td>
64%
</td>
</tr>
<tr>
<td>
Total missed revenue:
</td>
<td colspan="3">
$4,970,038
</td>
</tr>
</tbody></table>
This data was derived from over 52,000 quotes submitted by customers to <a href="https://serviceseeking.apms5.com/anywhere/m?s=serviceseeking&amp;m=s_205f66db-c70a-4d91-bce6-8c33e656d58d&amp;u=e1jq4wvfdtfkeh9r890m4dht5n138hht5mu36d9j5mwkaha25mu34chq8cw3echh6ct48&amp;r2=d1u78w1u5wqn6tbjetmp6takcnjppubecwq66vvd5tgqa&amp;n=3" target="_blank" rel="noopener noreferrer">ServiceSeeking.com.au</a> over FY17.
</body></html>

j.ballantyne1990-6AQqhLzZaK

Tradie shortage means some jobs go wanting

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<div class="layoutArea">
<div class="column">
Step-by-step guidelines to help identify asbestos in domestic properties has been released by the Asbestos Education Committee in partnership with the Asbestos Diseases Research Institute.
The guides, ‘Asbestos Awareness Healthy House Checklist – A Homeowners Guide To Identifying Asbestos-Containing Materials’ and the ‘Residential Checklist For Tradies – A Tradespersons Guide To Asbestos Containing Materials In Domestic Properties’ is available from <a href="https://www.asbestosawareness.com.au" target="_blank">www.asbestosawareness.com.au</a>.
The checklists include product images and lists each possible location where asbestos-containing materials might be found both inside and outside homes as well as simple step-by-step instructions.
Cherie Barber, Asbestos Awareness Campaign Ambassador said the health risks to anyone working on domestic properties when asbestos materials are disturbed is something every Australian needs to take seriously because asbestos doesn’t discriminate.
“The Healthy House Checklist provides a practical guide for homeowners enabling them to conduct a simple step-by-step easy to follow visual inspection of their property," she said.
“In doing so, homeowners will improve their understanding of the sorts of products to look for, the locations where asbestos might be found and how to manage these products safely. 
"The checklist also enables homeowners to maintain a record of possible asbestos locations should work or renovations be anticipated in the future and monitor asbestos-containing materials to ensure they remain sealed,” she said.
</div>
</div>
</div>
<div class="page" title="Page 2">
<div class="layoutArea">
<div class="column">
“Until now, the only information available to homeowners wishing to conduct visual inspections of residential properties has often been cumbersome, complex, extensive documents that can be difficult to access."
Peter Dunphy, Founding Chair of the Asbestos Education Committee said, tradespersons are particularly at risk because all too often they’ve come from a culture where asbestos risks have been ignored.” 
“While tradies may have worked with asbestos in the past and ignored the warnings, they need to be aware that the more a person is exposed to fibres, the greater the risk of developing asbestos-related diseases so it’s vital that they conduct visual inspections of properties to look for the potential dangers to ensure they’re managed safely," he said.
“The ‘Residential Checklist For Tradies – A Tradespersons Guide To Asbestos Containing Materials In Domestic Properties’ will increase Tradies’ understanding of the various products they need to be wary of when working on residential properties and ensure they engage suitably qualified professionals to conduct asbestos-related work or remove asbestos-containing materials safely."
</div>
</div>
</div>
</body></html>

jonathanchancellor-7SQnKwU6yx

Property 101: Asbestos healthy house checklists for homeowners and tradies launched

<html><body>
Hipages, Australia’s website for finding and hiring trusted tradies, has partnered with the Housing Industry Association (HIA), whose membership builds over 85 percent of all new residential detached, medium density and high rise construction work and undertakes over 80 percent of renovations in Australia.  
The new partnership will see HIA members having their membership visible on their hipages profile, indicating to customers which qualified trade and building professionals are registered with the HIA, as well as access to over 90,000 hipages’ monthly job requests.
“We’re thrilled to start working closely with the HIA team,” said Gideon Kline, Chief Commercial Officer of hipages. 
With over $1.35 billion worth of jobs processed annually, hipages has helped over 1.1 million Australians get projects done around the home, helping homeowners find professionals that are ready and available to do the job while providing tradies with tools to easily manage their workflow and grow their business.
Customers have access to more than 80,000 trade and building professionals, providing a simple platform to see reviews, contact businesses directly and get quotes within minutes.
“Technology is shaping the industry and with thousands of local recommendations and real time information at your fingertips, getting help and finding work has never been easier,” said Kline.
</body></html>

jchancellor-FAypfDUnLy

Property 101: hipages partners with the HIA

<html><body>
Uncertainty around the housing market has affected the cost of renovating in NSW with costs rising by just 0.8 per cent in the past year.
According to data released by ServiceSeeking.com.au, NSW costs have fallen below the national Consumer Price Index (CPI) for the same time period.
The state average for a tradie has stabilised at $60.25 an hour, 2.3 percent less than the national average of $61.65
It’s a great time to get stuck into your renovation plans, says ServiceSeeking.com.au.
 “If you’ve been dreaming of a new kitchen, bathroom, entertaining area or applying a new coat of paint to your house, then now is the time to take advantage of a slowing down in home renovation prices," said ServiceSeeking.com.au CEO Jeremy Levitt
It is cheaper to renovate in NSW than Western Australia ($67.34 up 1.8 per cent) and Queensland ($63.14 up 4.4 per cent).
Victoria is the cheapest and the only state to record a drop in prices by 2.2 per cent to $57.28.
The trades which bucked the trend in NSW were carpentry (up 11.3 per cent on the national average at $62.83 an hour) and painting (where prices were 10 per cent higher).
Other big price changes affected electricians - who were 9.4 per cent cheaper in NSW than the national average - and plumbing at 4.2 per cent cheaper.
The prices were derived by comparing 52,000 quotes submitted through the online services marketplace during the FY16 Q4.
To view price changes across 10 popular renovation services around the country, including major capital cities, see <a href="https://ib3.bislr.net/m?s=serviceseeking&amp;m=s_4e868d04-e38e-4d68-9756-a7b45fffcc78&amp;u=e1jq4wvfdtfm2e2174w3ee1k5n346ga45mu30ha25mw3ehhj5muk4dhr8cu4ad2568v46&amp;r2=d1u78w1u5wqqexvq5ttpawkpd5hpawv5cnnpjvk75thpyvkd5tgqabvjcnq6yxk1ehmpyvkk&amp;n=1" target="_blank">www.serviceseeking.com.au/renovations</a>
 
<img src="/images/2016/08/03/Screen%20Shot%202016-08-03%20at%209.28.37%20AM.png" alt="">
 
</body></html>

How much to pay your tradie? NSW cheaper than national average for renovations

<html><body>
The upkeep and maintenance of rental properties by tradespeople and maintenance workers is directly related to the tax offset of "Other Rental Deductions" according to Nicholas Proud, principal, Property and Construction Analytics Australia.
He said the most recent ATO Taxation data saw Other Rental Deductions soar to $18.376 billion for 2013-14 which via negative gearing drives repairs and maintenance activity in such a way that should see tradies taking more than a casual interest in the result of the July 2 election.
“Outside of council rates, water charges , travel and insurances there are a lot of plumbers, sparkies, chippies and other asset maintenance workers such as cleaners, gardeners and handymen whose work makes up this Other Rental Deductions figure that can be claimed by property owners at tax time," he said.
“Unlike any election before the value of this type of work assisted by negative gearing concessions is at record levels.
“In contrast to other elections, annual Other Rental Deductions in 1996 sat at $4.55 billion at the time of the election of the Howard Government, it has risen by $13.83 billion per annum since then. Even more recently, since the 2007 election of the Rudd Government the annual value of Other Rental Deductions declared has increased by $6.82 billion.
“What hasn’t been factored into account really is the impact on those smaller handy trades that comprise a significant part of the property and construction workforce if the negative gearing concession is changed or quarantined to new dwellings only.
 
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="156">
Taxable Income
</td>
<td valign="top" width="100">
Other Rental Deductions
</td>
<td valign="top" width="89">
Other Rental Deductions No.
</td>
<td valign="top" width="63">
Average Deduction
</td>
<td valign="top" width="64">
%
</td>
</tr>
<tr>
<td valign="top" width="156">
Less than or equal to $18,200
</td>
<td valign="top" width="100">
$2,253,074,560
</td>
<td valign="top" width="89">
277,693
</td>
<td width="63">
$8,114
</td>
<td width="64">
14%
</td>
</tr>
<tr>
<td valign="top" width="156">
$18,201 to $37,000
</td>
<td valign="top" width="100">
$2,325,522,579
</td>
<td valign="top" width="89">
314,028
</td>
<td width="63">
$7,405
</td>
<td width="64">
16%
</td>
</tr>
<tr>
<td valign="top" width="156">
$37,001 to $80,000
</td>
<td valign="top" width="100">
$5,632,316,431
</td>
<td valign="top" width="89">
702,735
</td>
<td width="63">
$8,015
</td>
<td width="64">
35%
</td>
</tr>
<tr>
<td valign="top" width="156">
$80,001 to $180,000
</td>
<td valign="top" width="100">
$5,686,914,423
</td>
<td valign="top" width="89">
575,554
</td>
<td width="63">
$9,881
</td>
<td width="64">
29%
</td>
</tr>
<tr>
<td valign="top" width="156">
$180,000 or more
</td>
<td valign="top" width="100">
$2,479,123,491
</td>
<td valign="top" width="89">
149,268
</td>
<td width="63">
$16,609
</td>
<td width="64">
7%
</td>
</tr>
<tr>
<td valign="top" width="156">
Total
</td>
<td width="100">
$18,376,951,484
</td>
<td width="89">
2,019,278.00
</td>
<td valign="top" width="63">
 
</td>
<td valign="top" width="64">
 
</td>
</tr>
</tbody></table>
 
“By income, those on a taxable income under $180,000 are likely to declare an Other Rental Deduction under $10,000.
“Across the electorates, 126 out of the 150 lower house seats on average declared an Other Rental Deduction under $10,000.
“If negative gearing was quarantined to new homes only there would be no concession for  the upkeep of existing homes, which are the homes that most need the reinvestment.
“With no offset it is likely that only those repairs and maintenance that are most fundamental to the upkeep of the property will be made which not only will reduce activity and also have the potential to reduce the quality of rental stocks in the lower yield suburbs which would be detrimental to tenants.
“Exactly how many entry-level handy jobs and low-level trades maintenance workers would go is difficult to say, but the growth in this deduction since 1995-96 shows a reasonable baseline to consider the scale of any such decline."
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