Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" 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%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

Sunshine Coast

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A new $78 million luxury residential development project, on the Sunshine Coast's Bokarina Beach, has been approved.
RGD Prestige is developing the project, which will be known as Seanna Residences.
Seanna Residences has already sold 30% of its apartments, with $20.478 million worth of sales.
“We have had overwhelming interest from across South East Queensland including both local Sunshine Coast and Brisbane buyers,” RGD Prestige owner Ron Grabbe said.
Designed by Sunshine Coast architectural firm O.G.E, the project has been created for owner occupiers who “demand large open plan living spaces, ample storage and quality finishes”.
Over eight-storeys, It will feature 49 three-bedroom residences, as well as 14 two-bedroom residences.
Construction is anticipated to commence in early 2020.
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wdavis-8cCN98p7xp

Approval granted for $78 million Seanna Residences development at Sunshine Coast's Bokarina Beach

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Investors in the Sunshine Coast property market have been active, according to the latest Herron Todd White (HTW) residential report. 
The valuation firm took a look at the rental yields across the nation. 
The report notes market sentiment has improved which has in turn instilled confidence in the marketplace.
The main driver of this sentiment has been the major infrastructure projects currently under way across the coast.
The current low interest rate environment has also had investors looking to property to increase their returns.
Across the coast, gross yields normally tend to range between 4% and 15% which reflects the relative risk on investment.
"Properties situated within areas underpinned by re-development potential or situated in unique and sought after locations tend to be at the lower end of the yield range," the valuation firm said. 
A yield at the higher end of the range indicates the location, condition of the property and the additional maintenance costs required.
Units within the main tourist precincts can also achieve gross yields up to 15% however with high body corporate and management fees, these properties tend to show net yields in the 2% to 6% range.
"There has been a large increase in dual occupancy homes constructed across the coast with a main dwelling typically providing three- bedroom accommodation and an attached one or two bedroom unit," the valuation firm continued.
"These properties have been primarily purchased by investors and have been selling with gross yields between 5.9% and 6.3%."
The report suggests slightly higher yields can be achieved through the hinterland townships with properties comprising three to five flats in the Nambour area achieving yields in the 7% to 8% range.
Typically, these properties are older with ongoing maintenance required.
"In the prestige market, we have started to see an increase in the number of investors," the valuation firm commented. 
"This market is typically difficult to gauge given that there are a number of different drivers in the investment decision.
"This market is closely related to the southern markets of Sydney, Melbourne and Brisbane, so at the moment has been pretty good."
A number of investors in this segment are certainly purchasing for a position or lifestyle choice and in quite a number of cases, with a view to the investment being the future retirement home and principal place of residence.
Therefore, a higher yield is not always driving the purchasing decision.
"All in all, the investment market on the Sunshine Coast has been pretty healthy." 
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j.ballantyne1990-6AQqhLzZaK

Infrastructure projects instil confidence in Sunshine Coast residential market: HTW residential 

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EXPERT OBSERVER
I believe real estate markets are driven more by local factors than national ones. While many commentators are placing great significance on interest rate reductions as a prime driver of real estate markets, I’m much more interested in what’s going on the coalface of local economies. 
And, in those terms, I put a high rating on the Sunshine Coast as a market that investors of all kinds should be considering. I regard the Sunshine Coast as the strongest market in Queensland at the moment and indeed one of the strongest in Australia.
I see events happening there as an economic revolution, which is shifting the Sunshine Coast from tourist destination to international city – a massive transition that’s happened in the past 2-3 years and continues to happen.
I recently completed a comprehensive 30-page report called The Sunshine Coast: Australia’s Most Compelling Growth Story, in which I note that the Sunshine Coast economy was no longer predominantly reliant on tourism because of the creation in recent years of strong health, education and technology industries – all part of an infrastructure program totalling more than $20 billion.
Economies reliant on tourism traditionally fail to deliver sustainable real estate growth. But the Sunshine Coast has diversified and strengthened and is now, I think, the nation’s most compelling growth story.
It has a $17.7 billion economy, making it one of the largest regional economies in Australia, and on infrastructure it’s outspending several of the nation’s capital cities.
The health, education and technology sectors – including the new $5 billion health precinct - are bringing new residents to the Sunshine Coast and this is providing strong impetus to the real estate market, notably at the Top End. The median house price for Noosa Heads has increased 40% in the past three years, while the median apartment price has jumped 25% in the past year.
In terms of becoming an international city, the Sunshine Coast will soon have an international airport and an international broadband network connection to Asia. Earlier this year the Sunshine Coast was named in the Top7 Intelligent Communities of 2019 by the global Intelligent Community Forum, alongside major international cities like Chicago.
Central to everything that’s happening in the region is the creation of a Sunshine Coast CBD from the ground up – a $5 billion enterprise which is now under way on a 53ha greenfield site in central Maroochydore.
The new city centre has attracted investment from local, national and international firms interested having an early presence in the growing region.
The Sunshine Coast is among the top 10 leading regions in the country for employment generation, adding more than 20,000 jobs over the past five years. The $1.8 billion Sunshine Coast University Hospital (SCUH) has created 5,000 jobs since opening in April 2017 and the new Maroochydore City Centre is forecast to provide 15,000 jobs over the lifespan of the 20-year project and inject $4.4 billion into the economy. 
In addition, the Sunshine Coast International Broadband Network will deliver 800 new jobs once it’s operational next year and will deliver the fastest data connection to Asia from the east coast of Australia.
Part of the economic revolution of the Sunshine Coast in recent years has stemmed from the region’s growing reputation as an innovation and technology hub.
Demographer Bernard Salt has described the Sunshine Coast as “the entrepreneurship capital of Australia “because of the large number of knowledge-based start-ups and small businesses such as information technology, clean-tech, creative industries, aviation and education.
The population of the Sunshine Coast is forecast to reach 580,000 by 2041, an increase on the previous forecast of 558,000.
The Sunshine Coast is one of Australia’s fastest-developing economies, growing each year at rates well above national averages and is expected to expand to $33 billion by 2033.
As a consequence, our new Spring edition of The Price Predictor Index has found that the Sunshine Coast has more locations with rising sales activity than any other municipality in Australia. And that kind of outcome is likely to create sustainable long-term price growth.
Terry Ryder is the founder of hotspotting.com.au
<a href="https://mailto:ryder@hotspotting.com.au">ryder@hotspotting.com.au</a>
twitter.com/hotspotting
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terryryder-YECXbqmri2

Property investors should be considering the Sunshine Coast: Hotspotting's Terry Ryder

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The Sunshine Coast industrial market continued to strengthen during 2019, accotding to the latest report from valuation firm Herron Todd White.
They found that while there have been very few highprofile sales settled to date, underlying fundamentals continue to improve. We have seen further land developed in the Aura estate south of Caloundra with land prices of $250 to $300 per square metre generally being achieved.
The majority of larger sheds being constructed in this area are to be owner-occupied with strata development seeing values in the $2,000-plus per square metre range.
The lack of further land development in the Kawana and Kunda Park precincts is driving rental levels higher.
The HTW valuers said, "some recent rentals that we are aware of include a circa 1,500 square metre modern shed at $135 per square metre gross per annum and a circa 2,600 square metre modern shed at $131 per square metre gross per annum."
"This shows general rental growth of circa 15 per cent over the past threeyear period for similar quality product."
"Rentals are also increasing for smaller strata titled holdings with recent achieved rents in the $150 to $180 per square metre gross per annum range across the Sunshine Coast."
"Yields are generally in the 5.5 to seven per cent range for smaller strata stock which appeals primarily to owner- occupiers."
"These returns are not attractive to investors generally, though owneroccupiers are seeing this as a good alternative to leasing given lending rates are typically sub-five per cent across the market," they concluded.
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Sunshine Coast industrial market continues strengthening: HTW Industrial

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The Sunshine Coast property market is heavily reliant on population increases, according to the latest Herron Todd White (HTW) residential report. 
The report suggests the Sunshine Coast has traditionally been one of the fastest growing regions in Australia.
<a href="https://www.propertyobserver.com.au/images/2019/9/25/sunshine%20coast%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/2019/9/25/sunshine%20coast%201.jpg" alt="">
"When we then look at the volume of residential property sales taking place on the Sunshine Coast in recent years, the correlation between population growth and sale volumes can be seen," the valuation firm said. 
"This graph shows that in 2003 when the population spiked, sale volumes were highest, then in 2011 when the growth rate bottomed out, sale volumes followed accordingly."
A two bedroom beachfront apartment in Caloundra has been sold for $450,000 (pictured below). 
Located at <a href="https://www.realestate.com.au/sold/property-unit-qld-caloundra-131641478" target="_blank">3/19 Bulcock Beach Esplanade</a>, the apartment comes with two bedrooms, open plan living areas with balcony, kitchen and two secure garages. 
It's close to the Caloundra CBD with just 200 metres from restaurants, cafés, and parks.
<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/2019/9/26/caloudra.jpg" alt="">
A four bedroom house with panoramic views in Maroochy River has been sold for $830,000.
The hilltop home at<a href="https://www.realestate.com.au/sold/property-house-qld-maroochy+river-130623542" target="_blank"> 18 Valdora Road</a> (pictured below) comes with four bedrooms, open plan living area, gourmet kitchen and resort style pool.
Other features include BOSE surround sound system, alarm system and ample water storage. 
<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/2019/9/26/maroochy.jpg" alt="">
"It’s pretty hard to say if any one area is attracting more out of towners than others" the valuation firm added. 
"Most of our locations on the Coast seem to be having their fair share of new arrivals into their communities though it would be fair to say that suburbs along the coastline would be top of the list.
"Given the increased demand for housing, we mainly the upgrade to the Bruce Highway. Travel times have been lessened and the affordability in the area has made it very popular." 
The inner rural residential ring around the township has increased in demand as have some of the character houses in town.
As a result, some new businesses have been opening up in a number of industries.
<a href="https://www.propertyobserver.com.au/images/2019/9/25/sunshine%20coast%202.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/2019/9/25/sunshine%20coast%202.jpg" alt="">
The report notes the increase in population of the Sunshine Coast assists in underpinning property values. The issue then lies in jobs and infrastructure.
"It is good that the University Hospital is not at full capacity, the new airport runway is yet to be finished and we have a new town centre, however just driving around the Coast, you do feel that there are more and more people on the roads. It used to be in holiday periods but now feels like it’s all the time.
"The question is whether those roads and other services will keep up with the growth," the valuation firm concluded. 
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Sunshine Coast population growth assists in underpinning property values: HTW residential 

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The office market on the Sunshine Coast has continued to remain relatively stable during 2019, according to the latest report from valuation firm Herron Todd White.
The property valuation firm found, one of the big questions has been, “What will be the effects be of the large supply of which entered the market during 2018?” The answer to this has generally been a reduction in rentals for tenants, though in prime locations and A-grade stock, that reduction has been lower than the remainder of the market.
They have seen significant incentives for vacant space, though overall reductions in market reviews for existing tenants are not as significant.
One of the reasons for this is likely the high costs associated with moving work spaces for the majority of tenants with over 150 square metres of space.
Therefore there have been numerous sales of existing offices in the market.
These sales indicate that the market is still liquid for a range of holdings.
The report authors said, "the owner-occupier market is still dominating sales up to $1.5 million with owners looking to secure high quality space generally above $4000 per square metre with lower quality space typically in the $3000 to $4000 per square metre range."
"Investors are looking for multi-tenanted holdings to spread overall cash flow risk in this market, which has high vacancy, with sales typically being seen in the seven to eight per cent range depending on WALE, quality of complex, location and redevelopment potential."
"We have not seen a higher end sale over $5 million in the office space to date in 2019, though there has not been stock available to the market in this range."
"The next influx of supply is due to enter the market during the early months of 2020 with the first building within SunCentral due to be completed at that time with construction recently commenced," they concluded.
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Sunshine Coast office market continues stabilising: HTW Commercial

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The Sunshine Coast property market is diverse, according to a recent Herron Todd White (HTW) residential report.
The report notes properties in the Sunshine Coast market cover a wide spectrum through the various sectors of units, homes and rural residential properties.
"One of the big drawcards is the coastline and the magic beaches on offer, but when you dig a little deeper, there are little pockets all over the coast," the valuation firm said.
<ul>
<li>Units</li>
</ul>
"When looking at the unit market there is no doubt the most popular spots are within a kilometre of the coast," the valuation firm said. 
Caloundra, Mooloolaba, Maroochydore and Noosa Heads remain popular.
For entry level product, the older walk up style units have been good as they offer low body corporate fees and are usually positioned pretty close to the beach.
"As you move higher up the value levels, permanent style occupancy units remain highly sought after as these have provided a real alternative for those looking to downsize from prestige dwellings," the valuation firm added.
"Typically, these units are larger providing at least three-bedroom accommodation with double garages."
The report notes some coastal towns such as Coolum Beach have increased in popularity, especially for new product.
A complex within this location that is nearing completion has completely sold off the plan and the developer is looking to release a new project in this locality off the back of the increased interest.
The biggest impediment to the unit market is units in complexes with high body corporate fees.
A three bedroom oceanfront unit at <a href="https://www.realestate.com.au/sold/property-unit-qld-coolum+beach-131195466" target="_blank">5/141 Coolum Terrace, Coolum Beach</a> (pictured below) has recently been sold for $955,000.
It comprises master suite with ocean views, two additional bedrooms, living area, kitchen and private courtyard.
Additional features include swimming pool, remote tandem garage and storage space. 
<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/2019/9/18/coolum%20beach%201.jpg" alt="">
<ul>
<li>Single unit dwellings/homes</li>
</ul>
Close to the coast, within three to four kilometres, remains the most popular sector.
"Areas surrounding Caloundra such as Moffat Beach, Shelly Beach and Dicky Beach for the middle to prestige markets have had some good levels of growth as has the Kawana strip up to Buddina. This also continues right up the coast from Mudjimba to Noosa," the valuation firm notes. 
"As you move further inland, opportunities arise for the entry level markets with proximity to amenities such as schools, cafes and the like being top of mind. Railway townships from Beerwah to the south, right through to Cooroy to the north and the sense of community that these areas offer also have a good bearing."
<ul>
<li>Rural residential</li>
</ul>
For the rural residential markets, as with the inland dwelling market, proximity to amenities is also top of mind.
"For prestige properties, areas around Buderim continue to remain popular given their proximity to private schools and the Sunshine Coast University. Also, northern areas of the golden triangle between Tewantin, Cooroy and Eumundi continue to be popular. 
"We add in here areas on the Blackall Range of Maleny and Montville, some of which provide good local rural, hinterland and distant coastal views," the valuation firm noted.
A current listing is a Buderim pavilion style house priced at $1.9 million.
Nestled on 8,516 square metres, the home at <a href="https://www.realestate.com.au/property-house-qld-buderim-129803642" target="_blank">18 Stringybark Road</a> (pictured below) comprises four bedrooms, games room, gourmet kitchen, living zones and swimming pool.
It's situated moments from the village and Matthew Flinders College.
<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/2019/9/18/buderim.jpg" alt="">
For the entry level rural residential market, like the housing market, railway townships can provide some good options where there remains an ability to purchase properties at below replacement cost.
"As initially mentioned, generally the Sunshine Coast property market is very diverse.
"We have noticed that over recent months we have started to experience a slowdown, but following on from the different market sectors, this slowdown is very much property and area specific. You simply cannot tar everything with the same brush." 
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Sunshine Coast market slowdown effects varied across region: HTW residential 

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Sunshine Coast has seen a general slowing in the market in 2019, according to the latest Herron Todd White (HTW) residential report. 
The report notes that a significant number of agents have indicated that general enquiry has fallen, which has effectively led to a lack of urgency in the market.
On the back of this, stock levels have increased in some areas as well as the number of days on market.
Whilst there has been a general softening in the market, there are still sales being made.
Property that is well located with a good offering and is priced at the right level is selling.
It’s just that instead of selling in the first week or two, it’s more like six to 10 weeks - what would appear to be more like a normal market, HTW said.
"In our The Year Ahead issue in February, we talked about the negatives and positive for the coast. To be honest, they haven’t changed great deal. The continued slowing of the Sydney and Melbourne markets hasn’t helped confidence," the valuation firm said. 
"A big hurdle has been a federal election campaign that dragged on and the uncertainty that created was challenging.
"The positives continue to be the massive infrastructure projects underway." 
The Maroochydore CBD, Sunshine Coast Airport expansion and the Sunshine Coast International Broadband Submarine Cable project are all under construction and all massive for the area.
"As always, the beachside areas have been performing well relative to areas further inland.
"The coast lifestyle is the major driving factor and this is expected to continue albeit at a slower pace," the valuation firm said. 
According to the report, the coastal strip in the sub $800,000 price range is expected to continue to be in demand.
A Caloundra waterfront unit on Penthouse level with rooftop terrace is currently on the market with a price guide of $850,000.
The fully furnished unit at<a href="https://www.realestate.com.au/property-unit-qld-caloundra-131462378" target="_blank"> 10/4 Maloja Avenue</a> (pictured below) comes with two bedrooms, two balconies, large living and dining areas, gourmet kitchen and secure car park.
It also features views of the Pumicestone Passage, Bribie Island, the ocean and Glass House Mountains in the distance.
<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/2019/7/1/caloundra.jpg" alt="">
The larger estates of Aura at Caloundra South and Harmony Estate at Palmview are still generating some good interest but it does appear that stock levels are increasing with spec homes hitting the market.
These estates still offer the most affordable new homes on the coast with land size being forgone.
This is being mirrored in the hinterland subdivisions in the railway townships, such as Habitat in Palmwoods.
Larger land sizes are the big driver in this market with upgraders being active.
"The prestige market in the Noosa area as in other areas on the coast has slowed a little," the valuation firm commented. 
"The influence of the Sydney and Melbourne markets you would think is having an impact.
"However, in discussions with various agents dealing in the prestige markets, there are still people around with plenty in their pockets to spend, its just that they are discerning with personal preferences, presentation and motivation which impacts heavily on the ultimate sale price."
A Noosa Heads three bedroom apartment has recently been sold for $1,825,000.
Situated within Lumina Residence, the first level apartment at <a href="https://www.realestate.com.au/sold/property-apartment-qld-noosa+heads-131042938" target="_blank">105/10 Serenity Close</a> (pictured below) comprises three bedrooms, two living areas, kitchen with Miele appliances and courtyard gardens.
It has direct access to 5-star common facilities. 
<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/2019/7/1/noosa%20heads.jpg" alt="">
The weak Aussie dollar has been good with ex-pat and international buyers helping to fill the void.
There are a number of unit complexes under construction or proposed which see an increase supply particularly within the Maroochydore area.
There are good levels of interest in owner- occupier style units within smaller complexes with low body corporates.
This swing to permanent living units has been reflected in the popularity of a number of new unit complexes that directly target this market with investment grade product being more challenging.
"One thing that is certain is there are a lot more people around the coast. It used to be in holiday periods but now it seems to be all the time.
"This can’t be a bad thing to help support the market." 
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Sunshine Coast coastal strip continues to be in demand: HTW residential 

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Sales volumes across the Sunshine Coast have fallen -15 per cent to 9,329 over the 12 months to February 2019, with current volumes 14 per cent below the five year average for the region, according to the recent CoreLogic Regional Report.
The report reveals challenging property market performance across Australia’s regions, with falling sales activity in the twelve months to February 2019.
<a href="https://www.propertyobserver.com.au/images/2019/6/4/sunshine%20coast%201%20.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/2019/6/4/sunshine%20coast%201%20.jpg" alt="">
<a href="https://www.propertyobserver.com.au/images/2019/6/4/sunshine%20coast%202.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/2019/6/4/sunshine%20coast%202.jpg" alt="">
Source: CoreLogic
Looking at home values, house values are down -1.6 per cent over the year to March 2019, while unit values increased by 4.0 per cent over the same period.
<a href="https://www.propertyobserver.com.au/images/2019/6/4/sunshine%20coast%203.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/2019/6/4/sunshine%20coast%203.jpg" alt="">
 
<a href="https://www.propertyobserver.com.au/images/2019/6/4/sunshine%20coast%204.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/2019/6/4/sunshine%20coast%204.jpg" alt="">
Source: CoreLogic
 
Advertised rental rates for both houses and units increased year-on-year, up $10/week for houses and $5/week for units. 
The average time on market for a Sunshine Coast house remains in line with February 2018, while the average unit is selling 3 days faster year-on-year. 
Vendor discounting has increased slightly for both houses and units across the region.
<a href="https://www.propertyobserver.com.au/images/2019/6/4/sunshine%20coast%205.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/2019/6/4/sunshine%20coast%205.jpg" alt="">
 
Source: CoreLogic
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Sales activity falls across the Sunshine Coast: CoreLogic 

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The Sunshine Coast has reached the peak of market position on the HTW commercial office property clock for June, according to valuation firm Herron Todd White latest report.
HTW also stated that both Melbourne and South East NSW both remained in the peak position.
Meanwhile the Mid North Coast dropped a notch to the starting to decline market position, joining Gold Coast, Lismore and Coffs Harbour.
Echuca and Alice Springs have remained unmoved in the declining market position. While South West WA remains near the bottom of the market.
Three capital cities remained in a bottom of the market position, Darwin, Perth and Hobart.
They are joined by Cairns, Gladstone, Launceston, Mackay Rockhampton and Townsville.
Click <a href="https://www.propertyobserver.com.au/images/2019/6/7/June%20Office%20Clock%20HTW.JPG" target="_blank">here</a> to enlarge.
<img src="https://www.urban.com.au/images/2019/6/7/June%20Office%20Clock%20HTW.JPG" alt="" width="923" height="815">
Emerald and Toowoomba have joined Adelaide and Mildura in the start of recovery position.
Ballarat held steady as a rising market while Sydney, Brisbane and Geelong are a notch above in the approaching peak of market position.
The HTW report authors said, "Commercial real estate had mixed results across the country in the past six months, but among the options for buying in this sector, office holdings are considered one of the safer choices."
"That said, not all office markets are the same."
"This month’s submissions paint a picture of varying performance so far this year," they concluded
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