The value growth in the unit market on the <a href="https://www.urban.com.au/developments/gold-coast-qld">Gold Coast</a> is starting to slow a touch, after a bull run that has stretched over five years.

Unit values rose 0.3 per cent in March, according to CoreLogic's Home Value Index, to reach a new record-high median of $836,000.

While still growing in value, the gains are softer than the 0.6 per cent growth in February and 0.5 per cent in January.

The&nbsp;<a href="https://www.urban.com.au/developments/gold-coast-qld">Gold Coast</a>&nbsp;unit market has been one of the best-performing in the country over the last five years. From the start of 2020 to the end of 2024, the median value of a unit has jumped 78 per cent, from $465,000 to $832,000.

<h2>What happened in the Gold Coast’s off the plan apartment market in March?</h2>

The Gold Coast off the plan unit market saw an increase in buyer demand in March.

Enquiries rose by 13 percent in March compared to February. Excluding January's large spike in enquiries, the March figures were the highest they’ve been in the past 12 months.

Views of Gold Coast projects in Q1 2025 were the highest since Q2 2023, with Surfers Paradise, Main Beach, and Palm Beach capturing the lion's share of the views.

Ashwin Property Director Tony Ashwin has seen strong demand in the northern Gold Coast at Kelyin and Kinstone's latest waterfront release in their Serentiy 4212 masterplan in <a href="https://www.urban.com.au/developments/helensvale-qld-4212">Helensvale</a>.

The new release,&nbsp;<a href="https://www.urban.com.au/new-townhouses/serenity-lakeside-villas-helensvale-6-lake-serenity-boulevard-helensvale-qld-4212">Lakeside Serenity 4212</a> Waterfront Villas, comprises just&nbsp;16 absolute waterfront homes, each with direct water access and a private pontoon.

[smartcode_project:default project_id=149142 project_image_fid=324622]

The four-bedroom residences, featuring premium finishes and expansive lake views, have drawn significant interest from both local downsizers and Brisbane buyers seeking a coastal lifestyle with easy city access.&nbsp;

“The northern suburbs of the Gold Coast are in extremely high demand,” Ashwin says, highlighting that Helensvale is central to this growth.

“Helensvale is the only Gold Coast suburb with both heavy and light rail connections, offering residents easy access to Brisbane and the rest of the Gold Coast.”

[smartcode_project:default project_id=149142 project_image_fid=324623]

<a href="https://www.urban.com.au/builders/resort-homes">Resort Homes</a>&nbsp;is well advanced in construction of the homes, which will be ready for occupancy in Q3 2025.

&nbsp;

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/high-demand-and-limited-supply-in-northern-gold-coast-drives-buyers-to-helensvales-lakeside-serenity-villas">High demand and limited supply in Northern Gold Coast drives buyers to Helensvale's Lakeside Serenity Villas</a>

Construction is also gathering steam at DD Living's popular&nbsp;<a href="https://www.urban.com.au/new-apartments/burly-residences-north-burleigh-264-268-the-esplanade-burleigh-heads">Burly Residences</a> in North Burleigh. The luxury beachfront development will comprise just over 100 high-end apartments, introducing a new standard of residential amenities to the area.&nbsp;

Designed by renowned Japanese architect <a href="https://www.urban.com.au/architects/koichi-takada-architects">Koichi Takada</a>&nbsp;with interiors by <a href="https://www.urban.com.au/interior-designers/mim-design">MIM Design</a>, Burly Residences will offer two, three, and four-bedroom apartments alongside two levels of six-star resort-style amenities. These include multiple swimming pools, a gym with a Peloton room, and private dining areas.

[smartcode_project:default project_id=134791 project_image_fid=328212]

Gowdie Management Group is handling the construction of Burly Residences and is expecting to complete the build in 2027.

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/construction-commences-at-devines-luxury-burleigh-tower-burly-residences">Construction commences at Devine's luxury Burleigh tower, Burly Residences</a>

The pipeline of new apartments was also topped up in March. The most impressive plans came from <a href="https://www.urban.com.au/developments/main-beach-qld-4217">Main Beach</a> where&nbsp;<a href="https://www.urban.com.au/developers/gdi-group">GDI Group</a>&nbsp;is planning a luxury apartment development on Cunningham Avenue.

<img alt="First look: GDI Group plot two-level apartments in Main Beach" 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/Cunningham.png?VersionId=O8Zo4guRXRsWLaxXreN8Xix7ySPEPKo0" />

Approaching completion of their Drift Residences nearby, GDI Group is planning a 23-level building with just 10 two-level apartments, each featuring three bedrooms on the lower level and an open-plan kitchen, living, and dining area on the upper level.

Amenities will include a wellness centre and a pool, with Bureau Proberts designing a contemporary addition to Main Beach’s evolving skyline.&nbsp;

GDI is expected to oversee construction, having brought the build for Drift Residences in-house, a popular choice for developers in the current build environment.

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/first-look-gdi-group-plot-two-level-apartments-in-main-beach">First look: GDI Group plot two-level apartments in Main Beach</a>

Another builder-developer, the Brisbane-based <a href="https://www.urban.com.au/developers/bpg-developments">BPG Developments</a>,&nbsp;also has a new project on the horizon.

They are planning a return to the <a href="https://www.urban.com.au/developments/palm-beach-qld-4221">Palm Beach</a>&nbsp;with a 14-level tower on a double-block site across the Gold Coast Highway and a prized entry from Jefferson Lane.<img alt="First look: BPG Developments returns to Palm Beach new apartment market" 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/gold%20coast%20da.png?VersionId=2WnKIURE0J1ceRTfRntCUamzdrHV0DxR" />

The new development will include 71 two- and three-bedroom residences, three two-level townhouses, and resident amenities such as a pool and wellness space. Designed by <a href="https://www.urban.com.au/architects/plus-architecture" target="">Plus Architecture</a>, the project draws inspiration from Queensland’s coastal vernacular.&nbsp;

Situated next to the recently completed Village Palm Beach and near other upcoming projects, this development will add to the growing apartment supply in the sought-after Palm Beach market.

BPG completed Sable on Palm Beach, just up the road, in 2019.

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/first-look-bpg-developments-returns-to-palm-beach-new-apartment-market">First look: BPG Developments returns to Palm Beach new apartment market</a>

From the start of 2020 to the end of 2024, the median value of a unit on the Gold Coast has jumped 78 per cent, from $465,000 to $832,000.

Joel Robinson

City Beat April 2025: Gold Coast unit market continue to grow, but gains slow

Builder-developer&nbsp;<a href="https://www.urban.com.au/developers/scion">Scion Group</a>&nbsp;has officially broken ground on its new development that will reinvigorate an underutilized block of land just off Station Street.

Scion held a groundbreaking ceremony to mark the occasion which was attended by industry partners.

The development, Chatham, at 2-6 Chatham Road, will feature 62 apartments across a six-level building designed by MX Architects. The building will activate the street level with four retail spaces that will complement the wider local area.

<img alt="Chatham" data-entity-type="file" data-entity-uuid="220879ad-2d40-458f-bbf2-edddeea9b396" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-04-01%20at%202.45.57%E2%80%AFPM.png?VersionId=2zAb7AzTF9yikEZhfA_.csF8KAX.BhO6" />

There will be around 860 sqm of communal open space for residents, across the ground floor and rooftop, which will include terrace decking, seating, and barbecue facilities.

&nbsp;

&nbsp;

The site, formerly home to a service station, carwash, and mechanical workshop, underwent extensive remediation before construction. Scion acquired the land in 2021 for $14.1 million, securing a position with frontages to Chatham Road, Dickson Avenue, and Dickson Lane.

<img alt="Chatham" data-entity-type="file" data-entity-uuid="59e8d604-be31-4a20-a2c1-9df2c8677b84" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-04-01%20at%202.46.02%E2%80%AFPM.png?VersionId=9dBYZMIg53z6f5JaFtHqs8not71CjT6s" />

<a href="https://www.urban.com.au/new-apartments/chatham-west-ryde-2-6-chatham-road-west-ryde">Chatham</a>&nbsp;is the first new apartment development in&nbsp;<a href="https://www.urban.com.au/developments/west-ryde-nsw-2114">West Ryde</a> with the new 10-year Latent Defects Insurance offered by Resilience Insurance.

The insurance, which is taken out by the developer, protects apartment owners for any structural or waterproofing issues that may occur within the first 10 years of the building's completion.

Read more:&nbsp;<a href="https://www.urban.com.au/news/what-is-latent-defects-insurance-and-is-it-bringing-confidence-to-the-off-the-plan-apartment-market">What is Latent Defects Insurance and is it bringing confidence to the off the plan apartment market?</a>

It is the second project where Scion, a family-run builder-developer with over three decades of experience, has been able to give LDI to its residents.&nbsp;

They're soon to complete The Sterling in Lane Cove North, the first development in that area to have LDI.

Chatham is expected to complete in 2026.

&nbsp;

[smartcode_project_cta:default project_id=134269]

Scion breaks ground on Chatham, West Ryde's first new apartment development backed by Resilience Latent Defects Insurance

Sydney Anglican Property (SAP) will deliver two major housing projects that will bring nearly 260 social and affordable homes in <a href="https://www.urban.com.au/developments/bankstown-nsw-2200">Bankstown</a> and <a href="https://www.urban.com.au/developments/regents-park-nsw-2143">Regents Park</a>.

The successful bids, under the first round of the Federal Government’s Housing Australia Future Fund (HAFF), means Sustainable Development Group, SAP's development partner, will now draw up development application plans for the much-needed social and affordable housing in Sydney’s south-west.&nbsp;

SAP CEO Ross Jones said that these projects are about more than just housing—they are about serving both congregations and the wider community.&nbsp;

“At SAP, our mission is to use church property to meet the needs of both current and future generations,"&nbsp;Jones said.

"We’re thrilled that these projects have been supported. They will provide secure homes for those in need, &nbsp;as well as vital ministry and community facilities for our growing congregations.&nbsp;

“We have been blessed with properties across Greater Sydney, provided through the faithfulness of previous generations. We now have an opportunity to activate these properties through the provision of social and affordable housing along with concurrent upgrading of church facilities to cater for the needs of modern churches."

The&nbsp;two projects are part of a wider urban renewal program across the Anglican Church’s Sydney Diocese aimed at activating church properties with a range of integrated social infrastructure.&nbsp;

“A lot of hard work and prayer has gone into making this happen, and securing these projects with the Housing Australia Future Fund has been the key to unlocking the feasibility of these developments. Now, we look forward to delivering the new homes and community spaces these areas desperately need.”&nbsp;

<img alt="Bankstown Chapel Road" data-entity-type="file" data-entity-uuid="7d5e6f56-1a2f-46b1-80f2-69d9101257da" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bankstown%20Chapel%20Road%20Elevational%20View.jpg?VersionId=Bw5KATdsWs8KDO05oNCfaQph4YpgONSh" />

A new era for Bankstown&nbsp;

On the current site of St Paul’s Anglican Church, Bankstown, SAP will deliver:&nbsp;

<ul>
	<li>A brand-new church and ministry centre—a modern space for worship and community use with &nbsp;seating for up to 500.&nbsp;</li>
	<li>185 social and affordable housing units for essential workers, seniors, and women over 55. • A preschool to support young families.&nbsp;</li>
	<li>Retail and commercial spaces, creating a vibrant new local hub.&nbsp;</li>
	<li>A family-sized apartment for the church’s Senior Minister and his family.&nbsp;</li>
</ul>

Rev Peter Ko, Senior Minister of St Paul’s Bankstown, is excited for what this means for the congregation &nbsp;and the community:

“St Paul’s has been a part of Bankstown for over 100 years, and we’re committed to remaining here for &nbsp;generations to come. Our current facilities are no longer fit-for-purpose, but this redevelopment ensures &nbsp;we can continue serving the local community while also helping address Sydney’s housing crisis. We’re &nbsp;incredibly grateful for this opportunity.”&nbsp;

A new chapter for Regents Park&nbsp;

At Regents Park, the former church site on Edwin St and Kingsland Rd will be transformed into:&nbsp;

<ul>
	<li>74 social housing units – for single women over 55 and families in need of a stable, secure home.&nbsp;</li>
	<li>Over 500 square metres of communal space (including a roof-top terrace) to foster connection among residents and host community-building activities organised by Anglicare and the church.&nbsp;</li>
</ul>

Rev Mike Doyle, Rector of St James Berala (which oversees Regents Park), sees this project as a new way to bless the community:&nbsp;

“With the site no longer used for gatherings, we wanted to ensure it is a blessing to our local community. And what better way to do that than by providing homes for those who need them most? This is the &nbsp;Anglican Church committing itself to the good of Regents Park. I can’t wait for the day when new &nbsp;residents move in – we’ll be ready to welcome them into a neighbourhood we love to call home.”&nbsp;

<img alt="Regents Park" data-entity-type="file" data-entity-uuid="8528b904-9771-4a75-9a28-3f25b4f404a8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Regents%20Park%20Exterior%20View_2.jpg?VersionId=i.ZgEUvr88RebnZvgDc8aYzU.TAHmhgm" />SAP is partnering with Sustainable Development Group (SDG). SDG’s Managing Director, Richard Ollerhead said these significant projects demonstrate SDG’s mission to see faith-based landholdings activated through the delivery of essential social infrastructure.&nbsp;

“Under God, we consider it a great privilege and joy to continue our close partnership with churches, SAP and the project teams in the development of these community assets,” Ollerhead said.&nbsp;

“We are excited about the long-term transformational impacts these projects will have for generations of &nbsp;seniors, workers, children and families.”&nbsp;

Sydney Anglican Property to deliver affordable houses in Bankstown and Regents Park

Sydney Park is the go-to park for those living in inner-city Sydney.

The dog-friendly, 41-hectare park, on the border of St Peters, Newtown, Erskineville and Alexandria, is one of the largest parks in the Sydney metropolitan area, home to a breakfast kiosk, kids playground, and a skate park, as well as extensive walking paths.

Three of its four sides are either occupied by apartments or industrial buildings facing either Princes Highway, Sydney Park Road, or Euston Road.

There’s one small pocket at the south west corner of the park, Barwon Park Road, which is the only true residential street. The short 400-metre street, which falls into the suburb of St Peters, is only home to less than 100 dwellings, most of which are apartments in three low-rise complexes.

In May 2023, burgeoning developer <a href="https://www.urban.com.au/developers/princeton">Princeton</a> picked up a 758 sqm site on the rarely traded street. They demolished the original warehouse before commissioning Environa Studio&nbsp;to craft <a href="https://www.urban.com.au/buildings/sydney-park-terraces-st-peters-15-21-barwon-park-road-st-peters-nsw-2044">Sydney Park Terraces</a>, eight high-end terraces, four facing the park, and four fronting the adjacent Crown Street.

[smartcode_project:default project_id=145252 project_image_fid=335249]

For the past 18 months, 3.5 Gold Star iCIRT-rated builder Coplex has been constructing the four-level terraces. The design is inspired by traditional terraces but without the maintenance challenges of older homes, some of which in this area date back more than a century.

The modern design adapts to the needs of 21st-century living, with each terrace featuring a lock-up garage—a rare but essential amenity in inner-city areas. The garage, capable of fitting two cars side by side, is located on the first level of the home.

[smartcode_project:default project_id=145252 project_image_fid=335250]

Environa Studio, led by Tone Wheeler,&nbsp;focused on open-plan layouts to optimize space and natural light. The ground floor features a spacious kitchen, living, and dining area that opens onto a private landscaped garden. On the second level, two of the three bedrooms are located, while the master retreat, with a walk-in wardrobe and ensuite, spans the entire top floor. Each bedroom opens onto its own balcony.

In addition to the park’s proximity, residents of Sydney Park Terraces will be within easy reach of all the inner west has to offer. St Peters Station is just 500 metres away, only three stops from Central Station in Surry Hills.

Just beyond the train station is the vibrant King Street, known for its bustling nightlife, cafes, and restaurants. In the opposite direction, the Marrickville Metro shopping centre offers over 190 stores, including Woolworths, Coles, and Kmart, as well as various dining options.

[smartcode_project:default project_id=145252 project_image_fid=338763]

Sydney Park Terraces offers a rare opportunity to purchase a brand-new townhouse in an inner-city area predominantly made up of older homes. As the cost of land in parkside locations in the inner west continues to rise, opportunities like this are becoming increasingly rare.

The opportunity to own something like Sydney Park Terraces in this area might not come around again.

[smartcode_project_cta:default project_id=145252]

For the past 18 months, 3.5 Gold Star iCIRT-rated builder Coplex has been constructing the four-level terraces

Sydney Park’s newest neighbours: Princeton unveils new terrace collection, Sydney Park Terraces

Seldom does an apartment development offer its residents both parkside living while also being within meters of significant transport connections and retail opportunities.

<a href="https://www.urban.com.au/new-apartments/irving-domain-box-hill-21-23-irving-avenue-box-hill-vic-3128">Irving Domain</a>, the newest apartment development in <a href="https://www.urban.com.au/developments/box-hill-vic-3128">Box Hill</a>, offers all three in abundance.

The new development on Irving Avenue, currently under construction and set for occupancy later this year, sits directly across the road from Box Hill Gardens, the largest park in the suburb, offering walking tracks, playgrounds, sports courts, and a one-kilometre running track around its boundary.

[smartcode_project:default project_id=8569 project_image_fid=311426]

While Box Hill is already well-connected to wider Melbourne, with Box Hill Station just a six-minute walk from Irving Domain, residents will be even closer to greater transport connections soon, with the new Suburban Rail Loop (SRL) station being built directly under the park opposite.

The SRL is a 26-kilometre underground rail network that will connect Box Hill to Cheltenham, integrating seamlessly with existing transport options and allowing residents at Irving Domain faster and more convenient travel across Melbourne.

With a direct link to Monash University in just 12 minutes, the rail loop will enhance Box Hill’s status as a major employment, education, and lifestyle precinct.

This major infrastructure project is expected to double job opportunities in the area by the 2050s and facilitate the development of thousands of new homes.

The project also includes new pedestrian-friendly infrastructure, a linear park on Whitehorse Road, and upgraded plazas, ensuring residents of Irving Domain benefit from improved accessibility and an enhanced urban environment.

[smartcode_project:default project_id=8569 project_image_fid=317419]

Box Hill is a suburb well known for its diversity, both in its population and its hospitality and retail offerings.

Box Hill Central, located just 500 meters south of Irving Domain, provides a diverse selection of shopping and dining experiences, particularly celebrated for its Asian cuisine. Highly-rated restaurants such as Zero Mode, Tang, and cafes like Second Wife, ae Melbourne, and The Penny Drop are within walking distance.

The area also boasts reputable educational institutions, including Box Hill Institute and Box Hill High School, and essential healthcare services, with Box Hill Hospital only two kilometers away.

Designed by <a href="https://www.urban.com.au/architects/dko-architecture">DKO Architecture</a>, Irving Domain offers one and two-bedroom apartments with high-quality interiors and functional layouts.

Residents will have access to a rooftop retreat with panoramic city views, complementing the natural greenery of Box Hill Gardens next door.

Construction is well advanced and is expected to complete in Q3 2025.

&nbsp;

&nbsp;

&nbsp;

[smartcode_project_cta:default project_id=8569]

Parkside and primed for growth: The strategic location of Irving Domain

Commercial Property Hub is a user-friendly digital platform that streamlines the process of finding suitable commercial properties in the City of Yarra and the City of Port Phillip.

&lt;iframe width="560" height="315" src="https://www.youtube.com/embed/D43Ldrb12rs" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen&gt;&lt;/iframe&gt;

It offers an extensive database of commercial properties details, including details about zoning, overlays, and demographic information.

With this platform, businesses and individuals can identify properties that align with their specific needs and requirements.

The platform also provides links to council business concierge programs, which offer additional support to businesses to ensure their smooth operations.

Commercial Property Hub is a one-stop solution for businesses and individuals looking for hassle-free access to comprehensive information on commercial properties in the City of Yarra and the City of Port Phillip.

Commercial Property Hub is a user-friendly digital platform that streamlines the process of finding suitable commercial properties in the City of Yarra and the City of Port Phillip. 

Urban Editorial

Commerical Property Lookup Hub | City of Yarra of Port Phillip

The Charter Hall Group has been awarded WELL Certification at the Gold level for its landmark Adelaide office tower GPO Exchange, by the International WELL Building Institute (IWBI).

GPO Exchange &ndash; recognised as one of the most innovative and technologically advanced smart buildings in Australia &ndash; is the first ever project in South Australia to achieve WELL Certification.

This accolade was awarded through IWBI&rsquo;s WELL Building Standard, which is the premier global building standard to focus on enhancing people&rsquo;s health and wellness through&nbsp;buildings.

GPO Exchange was recently awarded a 5.5 Star NABERS Energy rating, 5 Star NABERS Water rating and 5&nbsp;Star NABERS Indoor Environment ratings.

[smartcode_project:default project_id=2407 project_image_fid=77658]

The following initiatives were introduced to lift GPO Exchange&rsquo;s WELL rating from Silver to Gold:

<ul>
	<li>Introduction of a green cleaning protocol focusing on the use of non-toxic cleaning materials to maintain healthy indoor air quality for occupants</li>
	<li>Attention to the design of high touch surfaces to enable them to be deep cleaned regularly to mitigate transmission of bacteria and viruses</li>
	<li>Introduction of specific cleaning equipment and storage of chemicals to enable the highest degree of cleanliness in the building</li>
	<li>Ongoing testing of building water quality</li>
	<li>Introduction of food policies that support the use of healthier eating choices</li>
	<li>Introduction of food policies that require nutritional information to be provided to occupants so that healthy eating choices are more easily made</li>
	<li>End-of-trip facilities enabling cycling to work and running during lunch breaks to support the physical health of occupants</li>
	<li>A report highlighting biophilic design features incorporated into the building to support the health and wellbeing of occupants</li>
</ul>

&ldquo;GPO Exchange is raising the bar for commercial sustainability in South Australia and has set a new benchmark for workplaces in this State. This incredible milestone is recognition of that,&rdquo; said Charter Hall Development Executive Mr George Roussos.

GPO Exchange was recently awarded a 5.5 Star NABERS Energy rating, 5 Star NABERS Water rating and 5 Star NABERS Indoor Environment ratings

jordan_55689

Charter Hall’s GPO Exchange achieves first Gold WELL Certification in South Australia

HIA has announced the appointment of its new national Vice President, Ms Debbie Johnson. Debbie is the second female to be elected to this position.

Debbie is a highly experienced and regarded building designer and builder based in Queensland bringing a strong portfolio of skills to the role having run her business for 35 years and being involved in a diverse range of industry and government boards throughout her career.

Debbie was appointed as the Queensland Regional President in 2013 and to the National Board in 2017.&nbsp;

Debbie was integral in the establishment of HIA&rsquo;s Building Women awards in Queensland which will celebrate their 7th annual event later this year. She supported the expansion of the program nationally and has shared her career journey speaking at many regional Building Women events over the last five years.

[smartcode_project:default project_id=94542 project_image_fid=160734]

Ms Johnson has expressed her desire to carry on the good work of her predecessors and represent the HIA core values.

&ldquo;I am proud to be a HIA member and will always promote the Housing Industry Association at every level,&quot;&nbsp;said Ms Johnson.

&ldquo;I want Australians to have confidence in our industry, in the products and materials we use and the homes we deliver every day for thousands of families. The industry is proud of our knowledge, experience and our skills and the Association will continue to work hard to develop the next generation of building professionals,&rdquo; she concluded.

HIA has announced the appointment of its new national Vice President, Ms Debbie Johnson

HIA appoint new national Vice President

ASIC has cancelled the Australian credit licence (ACL) of Dominique Grubisa&rsquo;s company Master Wealth Control Pty Ltd (Master Wealth Control), effective from May 2021.

ASIC cancelled the ACL on the basis that Master Wealth Control has not engaged in the credit activities authorised by its credit licence.

Since February 2020, the National Consumer Credit Protection Act 2009 allows ASIC to cancel a credit licence if the licensee has not engaged in the credit activities authorised by the credit licence within a specified 6-month period.

[smartcode_project:default project_id=2881 project_image_fid=148737]

Master Wealth Control held an ACL from 29 March 2011 to 3 May 2021 (number 400712). During this time, ASIC found that Master Wealth Control did not engage in any authorised credit activities under its credit licence in the period commencing 18 February 2020.

At ASIC&rsquo;s request, Ms Grubisa has also removed statements on the website claiming she was an &lsquo;ASIC licensed debt specialist&rsquo; and held an &lsquo;ASIC Financial Services Licence&rsquo;.&nbsp;

Neither Ms Grubisa nor her companies currently hold any authorisations or licence to provide financial services, ASIC advised.

ASIC&rsquo;s investigation into Ms Grubisa remains ongoing, it added.

Master Wealth Control may apply to the Administrative Appeals Tribunal (AAT) for a review of ASIC&rsquo;s decision.

Master Wealth Control can apply to the Administrative Appeals Tribunal (AAT) for a review of ASIC’s decision

jchancellor

ASIC cancels Dominique Grubisa’s Master Wealth Control credit licence

<html><body>The property sector was now emerging from the COVID-19 crisis with cautious optimism, according to the latest annual Avdiev Property Industry Remuneration Report.

"Almost without exception, survey participants reported their businesses are doing moderately to very well," Debra Moloney, principal of remuneration consultants Avdiev Report noted.

“2020 was a terrible year that will be forever etched in our minds as the year of COVID-19. 

"It appears that the worst is behind us. 

"Government stimulus packages, which have helped consumer spending, are also helping buoy the property and construction sectors.”

The Avdiev Property Industry Remuneration Report is a formal, Australia-wide survey of property, investment, construction employers and design and construction related consulting companies. 

It was the report’s 35th edition.
The results show property businesses went to great lengths to keep staff on, and teams leaned on each other for support. 

“Cost management strategies early on in COVID-19 ensured we were able to keep the majority of employees.” 

The survey revealed that working from home is here to stay. 

"Lockdowns, cancelled projects, the lack of face-to-face time, uncertainty, job losses, stress, change, pay freezes - and COVID-19 - were given as the main negatives in a difficult year," she noted.

"Not surprisingly, pay increases were minimal in 2020. 

"Nearly half of businesses (43%) imposed a pay freeze in their latest round of remuneration reviews.

"But businesses were more optimistic looking forward to their next remuneration review, with 71% planning on increasing remuneration during 2021."

Around half of the businesses advised they have taken on new staff in the last six months due to new business, however 21% reported headcount was lower than this time last year.

“The property sector, with its ability to adapt, has proven it is able to withstand even the most challenging conditions. 

"The outlook for remuneration is positive and indicates that the sector‘s recovery is well underway,” commented Debra Moloney.
</body></html>

The property sector's remuneration is positive and indicates that the sector‘s recovery is well underway.


Property industry remuneration coming out of 2020 pay freeze: Avdiev

<html><body>
Australian homeowners are skeptical about receiving unbiased advice from a bank when it comes to refinancing a home loan, according to research commissioned Mortgage Choice.

The research reveals two out of five (38%) homeowners are either in the process of refinancing or are considering making the move to a new loan.

However, 53% of homeowners are wary that if they speak to a bank they won’t be advised if they could get a similar or better home loan deal elsewhere. One in two (49%) homeowners feel that banks don’t always have their best interests at heart.

High levels of trust for mortgage brokers 

The survey results confirmed that a significant majority (94%) of Australian homeowners say they trust the loan recommendations made by a mortgage broker.

For half (55%) of the respondents surveyed, the number one benefit of partnering with a mortgage broker during the refinancing process is professional support comparing loan options, rates and features. For 45% of refinancers, a mortgage broker streamlines the process, “saving time and hassle”.

“Faced with what can be an overwhelming choice of home loans, homeowners want to be confident they are making the move to a loan that will improve their financial wellbeing through a lower rate, improved loan features, or both," Susan Mitchell, CEO of Mortgage Choice said.

“While banks can provide information on their own product suite, they do not have an in-depth understanding of competitors’ products. That is why I urge borrowers in the market for a better deal to engage the help of an experienced mortgage broker to learn what other options they have,” she added.
</body></html>

Mortgage Choice found 53% of homeowners are wary that if they speak to a bank they won’t be advised if they could get a similar or better home loan deal elsewhere

urban.com.au

Australians are skeptical about receiving unbiased refinancing advice from banks

<html><body>
Aussies say taking out a home loan is a process shrouded in mystery for many first home buyers, and 71% would like more help choosing a loan, according to the latest research by mortgage broker Mortgage Choice. An independent survey conducted by CoreData on behalf of Mortgage Choice, found that across all the stages of a buying a home, applying for a loan is the aspect where first home buyers (49%) are most likely to need the support of others.

One in two (57%) first home buyers report being ‘highly’ or ‘reasonably’ confident that they understand the home loan features best suited to their needs, however one in three (32%) have ‘minimal’ confidence. However more than one in ten (11%) have no confidence at all in their ability to distinguish which home loan is right for them. 

The top five challenges first home buyers identified in securing a home loan include:

<ol>
<li>47% Understanding how the whole process works</li>
	<li>46% Making sure they are getting the best deal possible</li>
	<li>45% Making sure they qualify for the loan amount and property they want to buy</li>
	<li>41% Establishing what they can afford to comfortably pay back</li>
	<li>37% Understanding what (if any) government support they qualify for.</li>
</ol>
Unsurprisingly, 71% of first home buyers say they wish they had more support to make decisions around choosing their first home loan. Among these first homeowners, 39% rank ‘someone to help guide me through’ as the top source of support they wish they had, 26% just want someone to help build their knowledge and confidence.

“Home loan interest rates are at historic lows, which is great news for first home buyers. But the research suggests that the biggest challenge many first home buyers face right now, is not financial – rather it’s uncertainty about how the buying process works," Susan Mitchell, CEO of Mortgage Choice, said.

When it comes to seeking support, the survey found one in two (50%) first home buyers rely on family, friends and work colleagues, 46% turn to a mortgage broker, and 36% rely on online information.
</body></html>

More than one in ten first home buyers have no confidence at all in their ability to distinguish which home loan is right for them. 

71% of first home buyers wish for more support choosing their home loan

<html><body>
A partnership between AVID Property Group (AVID) and RPS Group (RPS) have created an industry first, putting new masterplanned communities officially on the map.

The goal of new and improved street mapping services is boosting safety, convenience and liveability at communities. Mapping services such as Google have traditionally lacked the resources required to upload residential address data, taking up to five years to put new communities on the map.

RPS identified the roadblock in the delivery of connected communities, offering a service that bypasses the typical process and delivers digitally mapped communities in up to three weeks – a service that was quickly adopted by AVID for its Harmony community on the Sunshine Coast.

RPS Service Line Leader Urban Design Peter Egerton, who has worked on the Harmony by AVID Property Group project since 2007, said he was excited to see the community become the earliest adopter of the new service. 

AVID General Manager Queensland Bruce Harper said the convenience of digital mapping was a luxury that was often taken for granted “Having visitors easily find your house and getting deliveries to your doorstep is a simply luxury new developments often miss out on,” Mr Harper said. 

RPS spent a day in the field to capture data which then took a week to upload and an additional week and a half to for Google to vet the data and upload to their system – totalling a maximum of three weeks. RPS has completed the first round of 1,200 blocks, home to around 3,500 residents and includes the Harmony Café will continue to roll this service out as each stage of the development is completed.

Located in the heart of the Sunshine Coast, Harmony is AVID Property Group’s $3 billion flagship development in South-East Queensland and is the largest masterplanned community underway in the Palmview area.

Set on 378 hectares, Harmony will deliver more than 4,800 homes for 12,000 future residents, catering to a diverse range of buyers – all enhanced by 100 hectares of open space and the future delivery of a new town centre. 

<h2>Other developments by AVID Property Group</h2>

<h2>The Rathbone</h2>

Address: 23-47 Flinders Street, Surry Hills NSW 2010

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/rathbone.png" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="300" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/rathbone.png?itok=XxbflGfS" width="580"></a></figure>Set for completion in 2022, only 33 one, two and three bedroom single apartments and double storey bespoke terrace apartments will be offered.

Prices range from $1.295 million to $2 million.

The Surry Hills development was designed by Scott Carver and constructed by Deacon Construction
</body></html>

Mapping services such as Google have traditionally lacked the resources required to upload residential address data, taking up to five years to put new communities on the map. 

AVID Property and RPS partner to put new masterplanned community Harmony, on the map

<html><body>
The Australian estate agent Ken Jacobs has joined the launch of Forbes Global Properties, a curated consumer marketplace that connects high networth buyers directly to the world’s finest homes.

Forbes, one the world’s most-recognizable business media brand, announced the launch of Forbes Global Properties last week.

Established as an invitation-only consortium of leading real estate firms, the start-up will capitalize on Forbes’ engaged audience of 140 million monthly global visitors to connect, inform, and inspire high-net-worth potential homebuyers and sellers about the finest properties for sale around the world.  

It is entering the arena occupied by Global Mansion, operated within the News Corp group as a marketing platform. 

But spearheaded by Jeff Hyland, co-founder and president of Hilton &amp; Hyland, and Bonnie Stone Sellers, an accomplished real estate industry veteran, Forbes Global Properties is primarily broker owned and led.

Forbes is also invested in the initiative.

Hyland and Sellers have appointed Alex Lange, an industry veteran who most recently served as the CEO of UpstreamRE, as its chief executive.

Jacobs is on the board of directors, though his recently established entity Private Property Global. He retains the Christie's International Australian affiliation through his Prestige Homes of Australia office in Double Bay.

“Unlike other branded real estate groups, Forbes Global Properties is not merely a listing tool for agents — it offers direct and measurable access to potential high-net-worth buyers through Forbes’ worldwide media penetration,” Hyland suggests.

Membership in the network is reserved for 100 elite brokerage firms with homes being presented to potential buyers across Forbes and Forbes Global Properties print, digital, and social media channels.

The current membership spans more than 75 locations across the U.S., Asia and Europe with the network accepting new member brokerages in the coming months "after a rigorous vetting process." 

Founding member brokerages are established leaders in their local luxury property markets and have offices in more than 75 locations across the U.S., Asia and Europe. The network will begin accepting new member brokerages in the coming months after a rigorous vetting process.

The Forbes Global Properties brand also has another Australian connection — the founders tapped Tracey Atkins of Australian-run firm Goldeneye Media to make the launch film, available here. 

Reserved for luxury properties, forbesglobalproperties.com currently showcases thousands of high value homes available for sale around the world, including homes priced above USD$160 million.

More than 200 homes are priced above USD$10 million, but none yet from Australia.
</body></html>

Forbes, one the world’s most-recognizable business media brand, announced the launch of Forbes Global Properties last week

Ken Jacobs joins Forbes Global Properties network

<html><body>Consumers across Australia are seeing faster download speeds, as retail service providers now deliver on average more than 94 per cent of plan speed in the busy evening with some monitored services regularly achieving higher speeds than expected by consumers, according to a new ACCC report.

The eleventh Measuring Broadband Australia (MBA) report, published today, shows that in October retail service providers (RSPs) achieved between 84.8 and 98.5 per cent of maximum plan speed across all plans across busy hours (7-11pm).

More than half of monitored NBN services achieved download speeds exceeding the maximum speeds specified in the retail plan description when averaged across all hours of the day.

“Speeds in the October test period were the highest we have seen for all monitored RSPs since the start of the MBA program,” ACCC chair Rod Sims said.

Fibre to the node (FTTN) connections, however, are still performing considerably lower than other connection technologies. The results show that consumers on FTTN connections who are paying for high speed 50 Mbps and 100 Mbps plans received around 10 and 20 per cent lower speeds than the maximum plan speed respectively, at any given time.

Towards the beginning of the pandemic there were grave concerns, given the growing working from home sector and binge-watching by the recently unemployed apartment dwellers, that many companies would not meet the mark on their plan projections.</body></html>

An ACCC report released today revealed broadband speeds have reached record highs during pandemic.

Commerical Property Lookup Hub | City of Yarra of Port Phillip

Editor's Picks

Developments

New apartments

New townhouses

News

Commerical Property Lookup Hub | City of Yarra of Port Phillip

Editor's Picks

Receive the latest news stories to your inbox

Developments

New apartments

New townhouses

News