The Director of Planning, Richard Wynne, announced that the use of combustible laminates has been banned since the beginning of the week. Now builders who fail to meet the requirements will face a fine of up to 400,000. This prohibition is aimed at the use of flammable aluminum composite panels, and apartment buildings and other…
As far as building design materials are concerned, reused materials provide a viable business approach for reducing waste and greenhouse gas emissions. Our research shows that such a Curtin University building can reduce construction waste and reduce emissions to almost one-tenth of the traditional construction process. Modular circular economy buildings have generated benefits in all…
Australia has done better with COVID-19 than anyone dared to hope. This opens up prospects for the gradual relaxation of restrictions later this year. Organizations that may participate in the economic stimulus plan will need to be in a position to implement “shovel preparation” projects to help the economy recover. The construction industry is the…
As part of the overhaul of the 2-hectare CBD area in the suburb, at least 500 new apartments are leading to downtown Dandenong. At the end of last year, a developer announced an investment of 600 million Australian dollars, which is expected to add 1.5 billion Australian dollars to the region as the latest commercial…
Two brothers grazing cattle in Melbourne will earn A$80 million after selling their Nar Nar Goon farm. This is the largest piece of land acquired by state developer Lendlease in a multi-farm acquisition as part of the recently approved Pakenham East regional structure plan, which will convert the combined property rights to Averley real estate.…
The landmark residence reborn from the ruins of the restaurant fire finally found a buyer after it was first listed in 2019. The four-bedroom house at 71 Victoria Street, Bakery Hill (Ballarat) was carefully restored by a local builder and supplier. Experts said: “A couple bought this mansion after falling in love with the character…
The real estate market in the coastal areas of Victoria is showing signs of enthusiasm. Buyers seem to be looking for houses close to the sea as they struggle to cope with the aftershocks of the coronavirus. After the severe blockade in Melbourne last year, there was a wave of panic buying, but now entering…
Benefiting from the increase in housing prices and yields in suburban and rural areas, investors are expected to return to the market this year. “The upward momentum in prices is attracting investors to return to the market, especially in small cities. In Sydney and Melbourne, investors are moving to town centres, detached houses and outer…
According to NCA NewsWire, Australian mortgage interest rates have hit a record low. UBank, an online bank under the National Bank (NAB), provides owner-occupiers with a three-year fixed interest rate as low as 1.75% of principal and interest. This is currently the lowest interest rate on the Australian mortgage market. However, this preferential interest rate…
Summer in Australia is getting hotter and hotter. Extreme high temperature events with daytime temperatures exceeding 35 degrees Celsius are becoming more and more common, and we are increasing for several days. All of us need to prepare for hot and very hot days, prepare our homes and neighbors. Since 2016, the “Cooling the Commons”…