Around 400 additional homes could be built at Southwark Grounds on Port Road, lifting total site capacity from 1300 to around 1700 dwellings.

A recently approved code amendment would allow apartment towers of up to 14 storeys in some areas of Renewal SA’s redevelopment of the former West End Brewery.

Renewal SA Acting Chief Executive Shane Wingard said he welcomed the code amendment, with the increase in heights and homes making a positive impact on the supply of high-quality, well-connected housing close to the city.

“By going higher across some parts of Southwark Grounds, we are adding a substantial number of very well-located homes with little impact on project delivery time or planned open space,” Mr Wingard said.

Since the project officially launched in 2025, Mr Wingard said more than 12,000 enquiries had been received about living at Southwark Grounds.

“The very strong early interest we’ve seen since homes were first released in the precinct reinforces our plans to create more housing opportunities,” he said.

The Southwark Grounds code amendment was launched in December last year, with community engagement undertaken over five weeks from January.

It proposed increasing maximum building heights from eight to 14 storeys on the eastern section of Southwark Grounds, and to 12 storeys across the remainder of the site, with minimum building heights ranging from two to four storeys.

The code amendment was implemented through an Early Commencement policy in late January, allowing developers to quickly explore the viability of increased height and housing yield while other planning processes continue.

One of the first developers delivering apartment sites have already finalised redesigns to increase the number of apartments following the code amendment.

Samaras’ development adjacent to the future Colonel Light Park is now planning to deliver 125 apartments across 11 storeys, significantly greater than original plans of around 50 apartments across four storeys.

The developer is also exploring the potential for additional affordable housing outcomes.

Most of the apartments at Southwark Grounds will be delivered within a master-planned precinct on a large parcel of land on the eastern portion of the site, covering around two-thirds of its 8.4 hectares.

Wingard said detailed precinct planning over the coming months may identify further opportunities to increase yield further that could see total apartment numbers at Southwark Grounds, exceed this number.

Affordable homes at Southwark Grounds will also see a net increase, with Renewal SA maintaining its commitment to a minimum of 20 per cent affordable housing across the development.

&nbsp;

&nbsp;

Civil works have begun across the site, with construction under way on the first new roads surrounding a townhouse precinct in the south‑west corner of Southwark Grounds. This includes Renewal SA’s 17 Founder’s Row homes, which are on track for completion by Christmas.

“We expect to have people living at Southwark Grounds by the end of the year, so delivering roads and public spaces for those residents is among our highest priorities.”

Construction of 40 townhouses off Anderson Street, known as West Village and being delivered by Contour, is forecast to begin in mid‑2026. Kolabb’s Anderson Lane development will follow shortly after, delivering a further 26 townhouses.

Southwark Grounds is a state government‑led urban renewal project now set to deliver around 1,700 homes over the next decade.

Homes will be supported by a supermarket, a range of retail and hospitality offerings anchored by a revitalised Walkerville Brew Tower, a childcare centre, car parking and well‑connected public spaces.

Joel Robinson

400 new homes planned for Adelaide's former West End Brewery site

Brisbane developer&nbsp;<a href="https://www.apartments.com.au/developers/cavcorp">Cavcorp</a> has lodged plans for a new mixed-use residential development at <a href="https://www.apartments.com.au/new-apartments/55-wyandra-street-teneriffe-qld-4005">55 Wyandra Street</a>, Teneriffe, anchored by an 85-metre public laneway designed to reconnect the suburb’s riverfront with the Gasworks precinct.

The buildings, known as Teneriffe House and Teneriffe Lane, would replace the existing Queensland Cotton head office site with a 15-storey residential tower transitioning to eight storeys toward Helen Street. The project has been designed by Plazibat Architects and lodged as a code assessable development application for 93 apartments across a 3,401 sqm mixed-use site within the Newstead and Teneriffe Waterfront neighbourhood plan.

Central to the scheme is the transformation of an existing service easement into a publicly accessible cross-block connection linking Wyandra and Helen Streets. Cavcorp says the new laneway will act as both a pedestrian shortcut and a landscaped civic space between the Teneriffe Riverwalk, ferry terminal, and Gasworks precinct.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="26e7f058-b065-4de8-b13d-a2b8cb64dfcc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bldg.png?VersionId=sELS0ZKYi361oYipUa1BIKfe_.DLZoFV" />

“The revised proposal delivers a legacy public-realm cross-block link, permanently secured for community use, transforming an existing private easement into a safe, high-quality pedestrian connection between the Teneriffe heritage riverwalk and the Gasworks–Long Island precinct,” the planning report states.

The laneway will sit beneath a large subtropical loggia integrated into the podium levels of the development. The design incorporates deep landscaping, water gardens, lobby spaces, business lounges, and ground-floor apartments to create what Cavcorp describes as a climate-responsive “urban verandah.”

The tower itself has been designed as a slender form with recessed floorplates and curved translucent corners inspired by contemporary Japanese architecture. The building height aligns with the Commercial Road precinct controls, which permit towers up to 15 storeys within proximity to Longland Street.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="a8a17d40-43b6-4718-b3fd-67676fcbb485" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers%202_1.png?VersionId=i3VwDtp5AmL_8InW7w4qRbDFEpb744Jt" />

The project will comprise a mix of larger-format apartments aimed at owner-occupiers, downsizers, and families. The proposed apartment mix includes 11 loggia apartments across the lower levels, 50 four-bedroom Sky-Terrace apartments from levels three to seven, and 32 Sky-Pool Homes occupying the upper tower levels. The Sky-Pool Homes will feature private thermal plunge pools integrated into oversized balconies.

According to the application, the apartments are intended to reinterpret the scale and character of Teneriffe’s woolstore conversions and Queensland homes within a vertical residential format.

“The sky-pool homes build on Cavcorp’s previous projects and introduce a distinct apartment typology to Teneriffe, informed by both local and international precedent and responding to an identified market demand for enhanced safety, space and amenity,” the planning submission notes.

A major focus of the proposal is its five-level wellness and lifestyle offering, extending from the basement through to the rooftop.

Amenities proposed include a rooftop Swim &amp; Racquet Club with a 25-metre Olympic lap pool and tennis court, coworking spaces and libraries, golf simulators, wine storage, concierge facilities, business lounges, pet wash areas, and rooftop longevity-focused wellness spaces with spas, outdoor fitness zones, and landscaped terraces.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="944b352c-49b9-4247-a4c6-5967b4b69fda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenity.png?VersionId=Ed_qKjAtMwFT.5gfl3jiA9QwdWxSMsaX" />

All parking will be concealed within basement levels accessed from Wyandra and Helen Streets. Cavcorp says the deep-basement engineering approach allows the entire ground plane to prioritise landscaping, pedestrian movement, and active frontage rather than vehicle infrastructure.

The development continues Cavcorp’s concentration in Newstead and Teneriffe, where the Brisbane developer has delivered a number of apartment projects including Lucent, Le Bain, and Luminare, as well as the Long Island Wellness Precinct nearby. Several of those projects have received national design and architecture awards, including recognition under Brisbane’s “Buildings that Breathe” program.

Cavcorp unveils wellness-focused Teneriffe House and Teneriffe Lane apartment buildings

Focus Group Investments has lodged plans for a new apartment development at <a href="https://www.apartments.com.au/new-apartments/64-70-hanover-street-fitzroy-vic-3065">64–70 Hanover Street</a> in Fitzroy, seeking to utilise the Victorian Government’s recently introduced Great Design Fast Track pathway to accelerate approvals for the project.

The proposal is among the latest developments to emerge through the state-led initiative, which was established to fast-track well-designed residential projects in activity centres and transport-connected inner-city locations. The pathway allows qualifying developments that meet elevated design and housing benchmarks to bypass traditional council planning timeframes and instead be assessed directly by the Department of Transport and Planning.

Designed by SJB, the development will comprise a mix of apartments above activated lower levels, with a strong focus on architectural articulation, landscaping, and communal amenity. The design response seeks to balance the industrial character of Richmond’s former warehouse precincts with a more contemporary residential form.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="abea51cc-d85b-479e-9aef-a589f3b37ca7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ground.png?VersionId=e1Kf8EyPWwyiVumtqQ4rM5S4GpOR3CCz" />

Proposed are 63 new dwellings, a wide ranging mix of studio, one-, two-, and three-bedroom apartments, and townhouses and duplexes. They will be spread across a part-three, part-eight storey building.

The Planning and Urban Context Report by Tract says the development is of an "exemplary architectural standard" and has been carefully crafted by SJB Architects.

"Dwellings&nbsp;will benefit from excellent access to natural light, cross-ventilation opportunities and extensive communal space," the report noted.

The architectural material highlights the project’s integration of landscaped elements and communal spaces throughout the building. The proposal also incorporates sustainability initiatives aligned with the Victorian Government’s push for higher-performing apartment developments under the fast-track program.

The Great Design Fast Track was unveiled by the Victorian Government in 2024 as part of a broader housing supply strategy aimed at accelerating the delivery of new homes. Projects assessed through the pathway must demonstrate high-quality architecture, sustainability outcomes, and housing diversity while being located close to public transport and existing infrastructure.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="afdbe834-8dc4-4a77-a943-ba07bc927348" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_11.png?VersionId=0J657j.TaChAZfp93wqJYBTqSsnREJx2" />

Focus Group, founder and led by Paul De Lutiis, is increasingly active across Melbourne’s inner suburbs, targeting well-connected urban renewal locations suited to medium and higher-density residential development. The Fitzroy proposal continues that strategy, leveraging the area’s strong transport links, established retail amenity, and proximity to the CBD.

Fitzroy has been one of the most popular spots for developers and buyers in recent years. The likes of PACE Development Group, SMA Projects, Crema Group and Chapter Group, currently selling projects in the suburb.

First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Fitzroy apartments

The Gold Coast Planning Committee has supported the preliminary approval for the Benowa Gardens Urban Village project following an extensive community consultation and assessment process.

The proposal will now proceed to a full council vote on June 2.

The application sought approval for a masterplanned urban village on the existing Benowa Gardens Shopping Centre site, combining new housing, retail, dining, health and lifestyle amenities within a walkable, integrated precinct.&nbsp;

The proposed redevelopment includes around 413 apartments integrated above a revitalised mixed-use centre featuring a full-line supermarket of 4,000 sqm, 6,000 sqm of specialty retail and dining space across around 30 retailers, a 7,000 sqm health and wellness precinct, and roughly 9,630 sqm of office and medical suites.&nbsp;

<img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="fb36ae47-80bc-45f0-9914-31b0c7b6007d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/PR26576%20Ashmore%20Road%20C4%201121%20FI.jpg?VersionId=6mRKk2uU4r67TmTt39DKGUlvFRbTVqWa" />

The broader masterplan also includes very significant traffic and transport improvements, wide pedestrian walkways, upgraded pedestrian and cycle connections, and enhanced public areas designed to create a more connected and walkable community environment.&nbsp;

Centre owner Patrick Lu said the milestone reflected months of detailed planning, technical assessment and ongoing communication with local residents, businesses, schools and stakeholders.

“We appreciate the time, consideration and care Council officers and the Planning Committee have given this proposal throughout the assessment process,” Lu said.

“We also sincerely thank the local community for engaging with us, sharing feedback and participating in the consultation process over many months.

<img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="32fd1fc3-d0e6-485f-ac57-9916c9bcb818" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/PR26576%20Ashmore%20Road%20C5%201121%20FI_2.jpg?VersionId=fz8qQKDBLQ7MyFRc856Zccfbh9nFwLOe" />

“We understand projects of this scale bring questions and concerns, which is why we have worked hard to listen carefully, provide information transparently and continue refining elements of the proposal where possible.

“Our vision has always been to create a well-designed, community-focused urban village that responds to the changing needs of the Gold Coast, while delivering improved amenity, housing diversity, healthcare access and local lifestyle benefits.

“This proposal is about creating a genuine live-work-play environment where residents can access everyday services, schools, healthcare, dining, shopping and green space within walking distance, while also supporting local jobs and economic activity.”

<img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="50dfbd04-590e-4fc6-983b-766880947867" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Dining%20Day%20Time%20-%20High%20Resolution.jpg?VersionId=BP7ZoKJ0DdL_8iRkkC8VVx99moICV6kg" />

Lu said the proposal had evolved significantly through consultation and technical review, particularly around traffic, pedestrian and student safety and neighbourhood connectivity.&nbsp;

Melissa Griffin, Director at Urbis, said the recommendation recognised the strategic importance of delivering more housing and services within established urban areas already supported by infrastructure.

“This proposal represents the type of thoughtful, integrated growth that planning frameworks across South-East Queensland are encouraging,” Ms Griffin said.

“The project seeks to place housing, retail, healthcare and employment opportunities together in a highly accessible location close to schools, transport and existing services.

“Importantly, the process has involved significant technical assessment and community engagement to ensure local issues and feedback were properly considered throughout the planning pathway.”

$1 billion Benowa Gardens Urban Village heads to council vote following Planning Committee support

Surfers Paradise is officially set for its first new residential development with a 45-storey skybridge connecting the two towers.

John Camilleri’s Celestino Developments has been given the green light by the Gold Coast City Council to develop its major beachfront precinct across its huge 4,000 sqm oceanfront site at <a href="https://www.apartments.com.au/new-apartments/63-79-garfield-terrace-surfers-paradise-qld-4217">63–79 Garfield Terrace</a>, just five months after its <a href="https://www.apartments.com.au/news/qld/first-look-exclusive-billionaire-winx-breeder-s-bold-two-tower-surfers-paradise-play-with-45th-storey-skybridge">submission in late 2025</a>.

The approved scheme will deliver two towers rising 55 and 48 storeys, connected by a skybridge positioned on level 45 that will house a range of resident-only wellness and entertainment spaces.

In its notice of approval, the Gold Coast City Council said the&nbsp;proposed overall built form has been designed to complement the scale, intensity and protect the adjacent amenity and surrounding streets through the use of varied setbacks, site cover and architectural elements.

<img alt="First look exclusive: Billionaire Winx breeder’s bold two-tower Surfers Paradise play with 45th-storey skybridge" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-30%20at%209.53.48%E2%80%AFAM.png?VersionId=ADyPJ_TFbJvSU9wZFOiCBnlPtgF7VWqW" />

Designed by <a href="https://www.apartments.com.au/architects/dbi">DBI</a>, the development will comprise 275 apartments across the two towers, including a mix of two-, three-, and four-bedroom residences, as well as several penthouses. The apartments will sit above a landscaped podium featuring more than 90 metres of beachfront pool frontage, private resident lawns, lounges, and wellness spaces.

DBI said the design draws heavily from the movement and form of the coastal environment, with curving balcony lines and sculpted façades intended to soften the scale of the towers while maximising ocean outlooks and passive shading outcomes.

“The project occupies a rare, uninterrupted oceanfront site and has been shaped by a design philosophy that merges architectural elegance with environmental responsiveness and a carefully curated lifestyle experience,” DBI said in planning documents submitted to the Gold Coast City Council.

The most distinctive element of the approved project is the skybridge linking the two towers at level 45. The elevated communal space is planned to include executive lounges, formal dining areas, wellness facilities, and panoramic ocean-facing outlooks.

“The skybridge enhances the identity of the development, promotes social interaction, and delivers a lifestyle experience not found elsewhere on the Gold Coast,” DBI said.

At podium level, residents will have access to a suite of resort-style amenities, including resident lounges, private dining rooms, a yoga lawn, gymnasium, plunge pools, and treatment spaces. The beachfront pool has been designed with separate lap, lounge, and children’s areas extending across the width of the site.

The project will also introduce new food and beverage offerings along the Enderley Avenue and Oceanway frontages, contributing additional activation to the beachfront precinct.

First look: Winx billionaire’s beachfront Surfers Paradise apartment development greenlit

Corelogic Pain & Gain

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Over the March 2019 quarter, resales of residential properties in Perth created $904 million worth of resale profits which accounted for 6.3% of resale profits nationally.
But Perth also created $145 million in loss making resales, accounting for 25% of all losses nationally.
<a href="https://www.propertyobserver.com.au/images/2019/7/9/perth%201.jpg" target="_blank">Click here </a>to enlarge
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/7/9/perth%201.jpg" alt="">
Source: CoreLogic
The regions of the city with the fewest resales at a loss over the quarter were: Peppermint Grove, Nedlands and Murray, while the highest share of resale losses were in Perth, Rockingham and Mundaring.
<a href="https://www.propertyobserver.com.au/subscribe" target="_blank"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/Subscriber%20strip%20ad.jpg" alt=""></a>
Perth has continued to see values fall over the quarter and subsequently resale losses have also risen, a trend likely to continue.
<a href="https://www.propertyobserver.com.au/images/2019/7/9/perth%202.jpg" target="_blank">Click here</a> to enlarge
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Source: CoreLogic
To buy the full CoreLogic Pain &amp; Gain report, <a href="https://www.corelogic.com.au/reports/pain-and-gain" target="_blank">click here</a>.
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j.ballantyne1990-6AQqhLzZaK

Perth accounts for 25% of all resale losses nationally: CoreLogic Pain & Gain report 

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Over the June 2018 quarter, resales of residential properties in Perth created $876 million worth of resale profits which accounted for 5.6% of resale profits nationally, according to the latest Pain and Gain report from CoreLogic.
The report noted, Perth also created $109.8 million in loss making resales accounting for 23.4% of all losses nationally.
<img src="https://www.urban.com.au/images/2018/9/18/CL%20PG%20PERTH%201.JPG" alt="">
The regions of the city with the fewest resales at a loss over the quarter were: Cottesloe, Fremantle and Bassendean, while the highest share of resale losses were in Peppermint Grove (based on only one sale), Perth and Kwinana.
Perth has continued to see values fall over the quarter and subsequently resale losses have also risen.
<a href="https://www.propertyobserver.com.au/images/2018/9/18/CL%20PG%20PERTH%202.JPG" target="_blank">Click here to enlarge</a>
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Perth accounts for almost a quarter of all losses among Australian sellers: CoreLogic

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Over the second quarter of 2018, there were $4.5 million worth of resales at a loss for Canberra.
That accounted for 1% of the total value of losses nationally, according to the latest CoreLogic Pain and Gain report.
The market also recorded $248.3 million in realised profits which accounted for 1.6% of profits nationally.
Most of the losses were apartments.
<img src="https://www.urban.com.au/images/2018/9/18/CL%20PG%20CAN%202.JPG" alt="">
An example of some apartments which weren't quite loss makers, but barely budged were 37/3-5 Burbury Close Barton, ACT which gained $5,000 rising from $605,000 in 2010 to $610,000 during the June quarter.
At 61/30-32 Blackall Street Barton, ACT, the one bedroom, one bathroom apartment made just $100, a leap from $420,900 to $421,000 over the past five years.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/9/24/Bunda%20bunda.jpg" alt="">
An apartment in the ACT that did make a outright loss is 512/240 Bunda Street City, ACT (pictured above).
The apartment sold for $445,000 in April this year making a loss of $17,900 on its last sale price of $462,900 in 2011.
It is the largest one bedroom apartment in the Manhattan on the Park development.
Over the quarter, the share of houses resold at a loss fell slightly while the share of unit resales at a loss rose, CoreLogic noted.
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Canberra house resale profits ticks up: CoreLogic

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Hobart resales of properties over the June 2018 quarter generated $134.3 million in profits and $1.595 million in losses, according to the latest CoreLogic Pain and Gain report.
The report noted that, based on these figures Hobart accounted for 0.9% of profits nationally over the quarter and 0.3% of losses.
<img src="https://www.urban.com.au/images/2018/9/18/CL%20PG%20HOB%201.JPG" alt="">
Value growth has slowed over the quarter and as a result the share of resales at a loss has increased.
Kingborough, Brighton and Sorell had the fewest resales at a loss while Derwent Valley, Glenorchy and Hobart had the highest share of resales at a loss.
<a href="https://www.propertyobserver.com.au/images/2018/9/18/CL%20PG%20HOB%202.JPG" target="_blank">Click here to enlarge</a>
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Kingborough, Brighton and Sorell return Hobart's most profitable resales: CoreLogic Pain & Gain

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During the second quarter of 2018, resales of Adelaide properties generated $471.9 million in profits and $17.9 million in losses, according to the latest CoreLogic Pain and Gain report .
The report noted, these resales accounted for 3.0% of total resale profits nationally and 3.8% of resale losses.
<img src="https://www.urban.com.au/images/2018/9/18/CL%20PG%20ADL%201.JPG" alt="">
The regions with the lowest share of resale losses over the quarter were Norwood Payneham and St Peters, West Torrens and Unley while the greatest share of resale losses occurred in Playford, Gawler and Adelaide.
Adelaide is continuing to see only moderate increases in values however, like most other capital cities, the share of resales at a loss has increased over the quarter.
<a href="https://www.propertyobserver.com.au/images/2018/9/18/CL%20PG%20ADL%202.JPG" target="_blank">Click here to enlarge</a>
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Playford, Gawler and Adelaide hit by resale losses: CoreLogic

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Based on resales across Greater Brisbane over the second quarter of 2018, the total value of resales at a profit was $1.1 billion.
Meanwhile, the total value of resales at a loss was recorded at $27.1 million, according to the latest CoreLogic Pain and Gain report.
The report noted, Brisbane generated 5.8% of the total value of resale profits nationally over the quarter and 6.8% of the losses.
<img src="https://www.urban.com.au/images/2018/9/18/CL%20PG%20BRIS%201.JPG" alt="">
Throughout south-east Queensland, the council regions with the lowest proportion of resales at a loss were Sunshine Coast, Redland and Moreton Bay while the highest proportion of resales at a loss occurred in Ipswich, Somerset and Toowoomba.
The divergence between houses and units for loss making sales is likely attributable to higher supply levels across key areas of the inner city and the subsequent falling unit values.
<a href="https://www.propertyobserver.com.au/images/2018/9/18/CL%20PG%20BRIS%202.JPG" target="_blank">Click here to enlarge</a>
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Sunshine Coast records South East Queenland's lowest proportion of resale losses: CoreLogic

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Over the June 2018 quarter, resales of Melbourne properties generated $4.299 billion worth of profits and $37.1 million in losses, according to the latest CoreLogic Pain and Gain report.
The figures in the report indicated that Melbourne generated 27.4% of total resale profits nationally over the quarter as well as producing 7.9% of total resales losses.
<img src="https://www.urban.com.au/images/2018/9/18/CL%20PG%20MELB%201.JPG" alt="">
Over the quarter, there were no resales at a loss in a number of council regions; Frankston, Mitchell and Murrindindi.
The council regions with the highest proportion of resales at a loss were Melbourne, Stonnington and Moonee Valley.
With dwelling values continuing to fall throughout the city, the share of houses and units resold for a loss rose over the quarter.
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Melbourne, Stonnington and Moonee Valley regions see the highest resales at a loss: CoreLogic

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Sydney accounted for 32% of all resales at a profit nationally over the June 2018 quarter.
Sydney accounted for 11.2% of the total value of resale losses, according to the latest CoreLogic Pain and Gain report. 
The report noted that, throughout the second quarter of 2018, the total value of resales for a profit in Sydney was $5.023 billion.
The total value of resales at a loss was $52.7 million.
<img src="https://www.urban.com.au/images/2018/9/18/CL%20PG%20SYD%201.JPG" alt="">
Hunters Hill, Mosman and Strathfiled all recorded no resales at a loss over the quarter while Canterbury, Auburn and Hurstville had the highest proportion of resales at a loss throughout the city.
With dwelling values in Sydney declining, the instances of resales at a loss has edged higher; a trend that is likely to continue as prices trend lower.
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Every Hunters Hill and Strathfield resale achieved profit in June quarter: CoreLogic

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Over the March 2018 quarter, resales of Melbourne properties generated $3.865 billion worth of profits.
There were $33.3 million in losses with the inner Melbourne having the highest number of loss takers, $8 million plus in losses, each property sold at a loss averaged minus $48,000.
According to the latest Pain &amp; Gain report from CoreLogic, Melbourne generated 26% of total resale profits nationally over the quarter as well as producing 7.8% of total resales losses.
<img src="https://www.urban.com.au/images/PG%20Graph%203-1.JPG" alt="">
Over the quarter; there were no resales at a loss in a number of council regions; Cardinia; Macedon Ranges; Mitchell; Moorabool; Murrundindi and Nillumbik.
The council regions with the highest proportion of resales at a loss were Melbourne, Stonnington and Yarra.
With dwelling values now starting to fall, particularly for houses, the share of houses and units resold for a loss rose over the quarter.
Click to <a href="https://www.propertyobserver.com.au/images/PG%20Graph%203-2.JPG" target="_blank">enlarge</a>
<img src="https://www.urban.com.au/images/PG%20Graph%203-2.JPG" alt="" width="732" height="708">
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Melbourne resales have generated billions of dollars in profit: CoreLogic Pain & Gain

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The resale of Hobart residential properties over the March 2018 quarter generated $137.2 million in profits and just $1.161 million in losses.
Based on these figures, Hobart accounted for 0.9% of profits nationally over the quarter and 0.3% of losses, according to the CoreLogic pain and gain report.
With strong value growth continuing in Hobart, all council regions recorded less than 7% of resales at a loss.
<img src="https://www.urban.com.au/images/2018/7/5/PG%20Hobart%202.JPG" alt="">
There were no resales at a loss in Brighton and very few in Kingborough and Glenorchy while Sorell was the only council region with more than 5% of resales at a loss.
Although growth rates may moderate from their recent highs, it’s likely such strong growth conditions over recent years will continue to see a relatively low proportion of loss making sales.
<img src="https://www.urban.com.au/images/2018/7/5/PG%20Hobart.JPG" alt="">
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