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

Sydney

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Sydney apartment and home values are set for a minor correction, according to the CoreLogic-Moody’s Analytics Australian Home Value Index Forecast, 2017Q1.
The report predicts detached home values are expected to decline 1.4 percent in 2018, with apartment prices will likely fall 1.2 percent.
According to the report, Sydney's strong local economy has been the key driver of real estate demand. 
"The labor market is approaching full employment, with a jobless rate of 4.7 at the end of 2016," it said.
"Furthermore, rents have stabilised after a drop in the first half of 2016.
"Sydney’s rental prices grew 1 percent over the month in January. Overall, detached-home and apartment prices in the city are expected to increase 7.2 percent and 7.5 percent in 2017 respectively.
<a href="https://www.propertyobserver.com.au/images/2017/04/10/Screen%20Shot%202017-04-10%20at%2010.07.10%20AM.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/04/10/Screen%20Shot%202017-04-10%20at%2010.07.10%20AM.png" alt="">
"But prices are set for a minor correction.
"Detached-home values are expected to decline 1.4 percent in 2018, while apartment prices will likely fall 1.2 percent. Although we do not expect a steep decline in prices, Sydney’s property market will likely stagnate through to 2020 as interest rates begin to normalise.
"The degree of correction will likely be uniform across apartments and detached houses. Although the stream of oncoming apartment supply has accelerated—more than 150,000 apartments have been approved compared with 70,000 detached houses being approved—unit prices have grown more slowly than detached-home values.
"From 2013 to the end of 2016, apartment values have risen 46 percent, but those for detached homes have jumped 67 percent."
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jonathanchancellor-7SQnKwU6yx

Sydney prices set for a minor correction: Moody's

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<div>I've spent some time in recent weeks looking at migration and immigration trends.</div>
<div> </div>
<div>The capital cities are accounting for an ever-greater share of population growth, now up to 82 percent, for a huge increase over the past decade from 75 percent.</div>
<div> </div>
<div>And this trend is forecast to continue over the next decade too.</div>
<div> </div>
<div>In particular, Melbourne and Sydney are accounting for a record share of the growth in headcount.</div>
<div> </div>
<div>A valid question is: why?</div>
<div> </div>
<div>There are a number of drivers for the capital city migration, including an apparent desire to live "closer to the action".</div>
<div> </div>
<div>The main reason, though, is jobs, with the capital cities creating most of the employment since the peak of the resources investment boom. </div>
<div> </div>
<div>The chart below looks at the number of unemployed persons per job vacancy by state, with the numbers smoothed on a rolling four quarter average basis. </div>
<div> </div>
<div>In New South Wales the ratio has declined to just 3, with job vacancies advertised having hit a record high in H2 2016. </div>
<div> </div>
<div>Victoria has also responded relatively to interest rate cuts with the ratio declining from 6.6 to a more reasonable 4.2. </div>
<div> </div>
<div>Many of the jobs created have been in or related to construction, of course, which may prove to be a transient dynamic.</div>
<a href="https://www.propertyobserver.com.au/images/2017/04/6/VACANCIES.jpg" target="_blank">Click to enlarge</a>
<div class="separator"><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/2017/04/6/VACANCIES.jpg" alt=""></div>
 
<div>Tasmania has the highest ratio at 7.8, but the latest figures show that this is about to drop sharply over the next couple of quarters as the outlook improves. </div>
<div> </div>
<div>The problem child is Western Australia, which saw its labour force switch from full employment to an elevated level of slack after the peak of the mining construction boom.</div>
<div> </div>
<div>Lately the ratio in WA appears to have been correcting itself, but this is partly because some of the thousands of Aussies that migrated to WA during the boom years are now returning home (or simply heading to the eastern capitals for gainful employment). </div>
<div> </div>
<div>The labour force challenges are generally more acute in a number of the regional centres than in the capital cities.</div>
<div> </div>
<div>Most immigrants into Australia naturally gravitate towards Sydney and Melbourne.</div>
<div> </div>
<div>Meanwhile within Australia Sydneysiders are now drifting towards south-east Queensland, and residents of Adelaide are lurking across the border into Melbourne. </div>
<div> </div>
<div>
PETE WARGENT is the co-founder of <a href="https://allenwargent.com/" target="_blank">AllenWargent</a> property buyers (London, Sydney) and a best-selling author and <a href="https://petewargent.blogspot.com/" target="_blank">blogger</a>.
His latest book is <a href="https://www.bigskypublishing.com.au/Books/General-Interest/Four-Green-Houses--and-a-Red-Hotel/1015/productview.aspx" target="_blank">Four Green Houses and a Red Hotel</a>.
</div>
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pwargent-M4siyDbqQY

Employees flocking to eastern capitals: Pete Wargent

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A storage unit with vacant possession in Sydney’s Alexandria has just sold for $155,000.
Last traded for $89,375, Bourkeside Storage at <a href="https://www.realcommercial.com.au/property-industrial+warehouse-nsw-alexandria-500481051" target="_blank">48/53 Bourke Road</a> is a secure two-level storage unit.
Suited for business use, it is part of a building and has 24/7 access by security card.
The floor area is 25 sqm.
The deal was brokered by Jim Iverach of JS Iverach Real Estate.
Storage units at Bourkeside Storage have been selling for around the $130,000 mark, while the biggest sale came in 2015 when a unit sold for $240,000.
 
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Storage unit in Sydney changes hands for $155,000  

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Figures released by SQM Research reveal national residential listings increased 4.4 percent to 351,509 over the month of March 2017.
The data reveals Sydney and Melbourne posted the biggest monthly rises in listings, up 11.0 percent and 9.1 percent, respectively, as vendors seek to take advantage of big price gains in those two cities.
In all other cities, listings rose over the month.
In Brisbane, listings were up a healthy 6 percent, and in Perth they rose 4.9 percent, followed by Canberra, where stock levels rose 4.8 percent.
Over the year, listings were up in most capital cities, led by gains of 12.6 percent in Perth, followed by Canberra and Sydney, where stock levels were up by almost 12 percent from a year earlier.
Louis Christopher, the Managing Director of SQM Research, said the big rise in listings in Sydney and Melbourne reflects the fact that many property owners are attempting to cash in on rapid price growth in recent times.
“House asking prices are still rising quickly in the nation’s two biggest cities," he said.
"Despite new measures by Australian Prudential Regulation Authority (APRA) to restrict interest-only mortgage lending, these measures are weak in the face of the strong price momentum in Sydney and Melbourne, fed by low interest rates and robust population growth."
SQM Research is predicting Sydney prices will rise between 11 percent and 16 percent in 2017, while Melbourne gains will be between 10 percent to 15 percent.
While those forecasts were made in November 2016, they had taken into account a potential tightening by APRA.
“APRA's move is not aggressive enough for SQM to revise its predictions. We still expect strong price growth,” he said.
<a href="https://www.propertyobserver.com.au/images/2017/04/4/Chart-1.jpg" target="_blank">Click to enlarge</a>
<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/2017/04/4/Chart-1.jpg" alt="">
APRA has asked banks to limit interest-only mortgage lending to 30 percent of all home loans written.
As part of this, the regulator has demanded banks strictly limit the volume of interest-only lending at loan-to-value ratios (LVRs) above 80 percent and also ensure there is strong scrutiny and justification of any instances of interest-only lending at LVRs above 90 percent.
“However, these measures are weak and are not going to be enough to slow down the Sydney and Melbourne housing booms, where both owner occupiers and investors are feeding demand,” Mr Christopher said. SQM Research data for house asking prices over the three months to April 4 shows that asking house prices grew the most in Melbourne, Canberra and Hobart, with prices up 7.2 percent, 6.8 percent and 6.4 percent respectively.
In Sydney, asking house prices rose 4.5 percent.
That compares to a 2 percent rise in Adelaide, 1.1 percent rise in Brisbane and a fall of 2.4 percent in Darwin and 2.2 percent in Perth.
 
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j.ballantyne1990-6AQqhLzZaK

APRA's move won't stop 2017 price growth says SQM as listing, prices rise in March

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A three bedroom apartment at Sydney has been sold for $2.42 million.
The asking price of the property was $2.45 million.
Located at <a href="https://www.realestate.com.au/property-apartment-nsw-sydney-124975838" target="_blank">5110/93 Liverpool Street</a>, the property has views of the CBD and Hyde Park as well as city skyline.
Filled with eastern and northern sunlight it is  set on the exclusive 51st floor and features a combined lounge and dining area, sunroom floor-ceiling sliding doors and a deluxe stone kitchen with gas appliances.
<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/2017/03/27/5110_93%20Liverpool%20Street-2.jpg" alt="">
Bedrooms are all doubles with built-in wardrobes while the master bedroom features an ensuite and northern outlook.
There is also a heated pool, spa, sauna, gym, sky lounge and 24 hour concierge available.
Other features includes study alcove, ducted air conditioning and secure parking.
Literally metres from boutique shops, cafes, restaurants and supermarkets.
The property was offered through Sydney Sotheby's International Realty agents Oliver Stillman and Richard Shalhoub.
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World Tower Sydney apartment sold for $2.42 million

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The Inner West region of Sydney scored the highest weekend auction clearance rate, according to CoreLogic’s latest report.
The property data firm says that out of the 63 auctions in the Inner West, 93.7% resulted in a sale.
This is followed by the City and Inner South with 89% and the Eastern Suburbs with 88.5%.
<a href="https://www.propertyobserver.com.au/images/2017/04/03/Screen%20Shot%202017-04-03%20at%209.58.59%20am.jpg" target="_blank">Click to enlarge</a>
<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/2017/04/03/Screen%20Shot%202017-04-03%20at%209.58.59%20am.jpg" alt="">
The Outer South West region had the lowest auction clearance rate with only 47.1% of its auctions sold.
A four bedroom house at <a href="https://www.realestate.com.au/sold/property-house-nsw-glebe-124908854" target="_blank">24 Lyndhurst Street</a>, Glebe (above) was sold for $4.1 million.
Similarly a two bedroom house at <a href="https://www.realestate.com.au/sold/property-house-nsw-north+strathfield-120779285" target="_blank">14 Hamilton Street</a>, North Strathfield (below) was sold for $2.09 million.
<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/2017/04/03/14%20Hamilton%20Street.jpg" alt="">
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Sydney's Inner West scores weekend auction clearance rate of 93%: CoreLogic

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Canberra and Sydney have the quickest sale time for a house to be sold across the nation, according to CoreLogic’s latest report.
The property data firm says that on average it takes 26 days for a house in Canberra and Sydney to be sold.
However it takes Sydney units 25 days to sold compared to Canberra’s 36 days on the market.
<a href="https://www.propertyobserver.com.au/images/2017/04/03/Screen%20Shot%202017-04-03%20at%2010.56.22%20am.jpg" target="_blank">Click to enlarge</a>
<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/2017/04/03/Screen%20Shot%202017-04-03%20at%2010.56.22%20am.jpg" alt="">
Perth and Darwin has the longest waiting time for a property to be sold with an average waiting time of 2 – 3 months.
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Canberra, Sydney houses flying out the door in just 26 days: CoreLogic

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A new two-level David Jones store is one of the headline attractions of the recently opened Macarthur Square shopping complex redevelopment.
Commenced in 2015, the $240 million project in south-west Sydney’s Campbelltown also includes international retailer H&amp;M, a new look Coles, fresh food market hall, more than 40 new specialty stores, an alfresco and casual dining precinct, along with 500 additional car spaces.
The Lendlease-managed centre is jointly owned by Australian Prime Property Fund Retail (APPF Retail) and the GPT Wholesale Shopping Centre Fund.
The redevelopment increases the centre’s  gross lettable area (GLA) from 94,300 square metres to approximately 107,000 square metres.
Gary Horwitz, head of retail at Lendlease, said the redevelopment is a response to the changing nature of shopping centres.
“Our customers have told us they want to visit a world class shopping centre without having to travel to the city,” he said.
“The redevelopment of Macarthur Square has allowed us to grow with the region and adapt to the changing demographics and needs of our local customers, ultimately delivering an outstanding, all-encompassing, and sustainable retail experience.
“The centre’s design and retail mix reflects the natural environment and tastes of the region, while customer aspirations are brought to life with an exciting range of popular fashion brands anchored by David Jones and H&amp;M.”
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Macarthur Square shopping centre unveils $240 million redevelopment

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The number of total listings across Australia is lower than this time last year, according to CoreLogic’s latest report.
The property data firm says that the total number of listings is down in all capital cities compared to 12 months ago.
There are seasonal issues such as Easter at work on the volumes.
<a href="https://www.propertyobserver.com.au/images/2017/03/27/Screen%20Shot%202017-03-27%20at%202.16.27%20pm.jpg" target="_blank">Click to enlarge</a>
<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/2017/03/27/Screen%20Shot%202017-03-27%20at%202.16.27%20pm.jpg" alt="">
This is despite an increase of new listings by 14.3% over the past 12 months.
Hobart has the biggest decline of total listings, down by 27.5% despite an increase of 13.1% in the number of new listings.
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Listings sits lower than last March: CoreLogic

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Entry level properties in Sydney’s eastern suburbs are generally limited to units with former industrial areas and unused sites with development, according to HTW’s Month in Review: March 2017. 
The valuation firm says Sydney’s eastern suburbs market is a more difficult market for first home buyers to enter due to its desired proximity to the CBD and beaches, therefore attracting higher prices.
“Modern one bedroom units in the $650,000 to $1 million price range can be purchased throughout suburbs such as Little Bay, Botany/ Mascot, Rosebery/Zetland and Waterloo,” the firm says.
“Older style units can also be purchased in this price bracket however the first home buyers grant and stamp duty saving does not apply.”
The report says the inner west market attracts significant interest since the construction and completion of the light rail project contributing to price rises.
Entry level units may be easier to come by compared to some parts of the eastern suburbs, it suggests.
“Older style one and two bedroom units in Dulwich Hill, Marrickville and Petersham can be purchased for $600,000 to $750,000,” HTW says.
“Unit development in the Bankstown, Punchbowl and Lakemba corridor has increased significantly and this has seen units available at relatively affordable prices between $500,000 to $700,000 for new one, two and three bedroom units.
“Bankstown is positioned 20 kilometres from Sydney CBD and the train service will get a commuter into the city in less than 40 minutes.”
A one bedroom unit at <a href="https://www.realestate.com.au/property-unit-nsw-mascot-124658518" target="_blank">256/3-9 Church Avenue</a>, Mascot (above) is listed with a price guide of $770,000.
Similarly a one bedroom unit at <a href="https://www.realestate.com.au/property-apartment-nsw-zetland-124880978" target="_blank">61/5B Victoria Park Parade</a>, Zetland is listed for between $700,000 to $770,000.
<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/2017/03/09/61_5B%20Victoria%20Park%20Parade.jpg" alt="">
A two bedroom unit at <a href="https://www.realestate.com.au/property-apartment-nsw-marrickville-124888542" target="_blank">2/169 Livingstone Road</a>, Marrickville (below) has been listed with a buyers guide of $710,000.
<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/2017/03/21/2_169%20Livingstone%20Road.jpg" alt="">
Similarly a two bedroom unit at<a href="https://www.realestate.com.au/property-apartment-nsw-dulwich+hill-124997126" target="_blank"> 3/6 Pigott Street</a>, Dulwich Hill (below) has been listed for $699,000.
<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/2017/03/21/3_6%20Pigott%20Street.jpg" alt="">
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