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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The retired world record swimming champion Eamon Sullivan has sold his Surry Hills terrace given he's back home in Perth running restaurants.
It fetched a bullish $1.8 million <a href="https://www.goodyer.com.au/selling/NSW/Sydney-City/Surry-Hills/House/1P3079" target="_blank">after its recent Goodyer Real Estate auction</a>.
He had bought the four bedroom home for $1.26 million in 2009, shortly after coming to national prominence setting record times in the pool in 50 and 100 metre freestyle events. 
The auction of the terrace saw it passed in with just the one bid of $1.65 million however Pauline Goodyer of Goodyer Woollahra subsequently had three bidders emerge afterwards taking the price to $1.8 million.
Following his 2012 move to Perth, the Bourke Street terrace had been rented out at $1,400 a week. It has been bought this month by an investor showing a gross yield of around 5.6 per cent.
Born in Perth, Sullivan is dominating the hospitality scene now co-owning three restaurants - Bib &amp; Tucker in North Fremantle; Louis Baxters Espresso bar cafe in Subiaco, and most recently May Street Larder in East Fremantle.
He opened the cafe first with TV producer Laki Baker, then ventured with pole vaulter Steve Hooker, hockey player Jamie Dwyer and chef Scott Bridger to open Bib &amp; Tucker, located on top of Fremantle's surf live saving club in 2013. 
His most recent opening was May Street Larder where he teamed up again with taste of Perth chef Bridger.
Sullivan is engaged to Perth lawyer Naomi Bass, proposing earlier this year under cherry blossoms while the pair were in Japan on holidays.
The two are eyeing a wedding date next April.
Sullivan was a sprint swimmer, finding great success in the freestyle events winning three medals at the Olympics and setting two world records. 
He retired from swimming in 2014 at the age of 29, citing an ongoing shoulder injury as the overriding factor in his decision. 
Aside from sport, Sullivan became a popular TV figure after winning the first series of Celebrity Masterchef Australia and also competing in Dancing with the Stars.
It was bought from the former corporate internet executive Chris Kreis turned property developer and his sister, Swiss architect Nicole Kreis.
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jchancellor-FAypfDUnLy

Swimming champion Eamon Sullivan sells Surry Hills terrace

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The fringe Sydney suburb Zetland has become a very high density area with predominantly large unit complexes built within the past ten years, according to valuation firm Herron Todd White's latest report.
The November report suggested due to the high density and relative price points, investor demand has always been high.
"Large developers such as Meriton have a high presence in Zetland and although now starting to become established, there are still plenty of new unit complexes under construction.
"Overseas investors seem to be in the majority in Zetland especially of new order stock and may be less influenced by interest rates and APRA changes.
"We are yet to see any slowing in this sector of the market."
The HTW report goes on to show that the median unit sale price according to CoreLogic RP Data’s suburb statistic report rose from $795,000 in October 2014 to $885,000 in September 2015.
It also reports the indicated gross rental yield at 4.2% with a median asking rental price of $650 per week. 
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jrobinson-rf4aSBido9

Overseas investment in Zetland apartment yet to slow: HTW

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Three 2.32-hectare allotments of land have been snapped up by private owners, as the NSW Department of Planning &amp; Environment auctioned off a former quarry site at Castlereagh, near Penrith.
Lots 11, 12 and 13 Smith Road, Castlereagh, were released by the government following a reclamation process.
“As the site was formerly home to a quarry, this land sale has been 6 or 7 years in the making, following a significant number of studies and land works to ensure the blocks were suitable for sale,” said selling agent Lori Howell of Raine &amp; Horne Penrith &amp; Mid Mountains.
<img src="/images/2015/11/26/700_Raine.jpg" alt="" width="558" height="372">
She said there were more than 200 enquiries, with 25 registered bidders at auction. 
Lot 13, which backs onto the Nepean River and has direct riverfront access, went well above its reserve after a bidding war which drove up the price to $1.501 million.
Lot 12 sold for $1.205 million, while Lot 11 fetched $980,000.
“To say the interest in these properties was huge would be an understatement, and their quality and location ultimately made them easy to sell,” added Ms Howell.
The more than 130-year-old quarry in Castlereagh closed down earlier this year. Material from the quarry was used to build the Sydney 2000 Olympic venues.
The government plans to transform the site into a series of recreational lakes and housing, according to a report in the Daily Telegraph.
The lots are neighboured by Princes Farm, the equine facility of the late Melbourne Cup king Bart Cummings, and Huntington Estate, a luxury 12-acre property formerly owned by trucking industry veterans Pam and Albert Hunt of Hunt Specialised Transport.
“The land was leased for many years by Princes Farm for running their horses, so the land definitely has a thoroughbred reputation.”
Howell says her equestrian background also helped her win the listing.
“The property was originally put up for tender by the government, and as part of my process I ended up walking every inch of the land to get a real feel for it," she said.
“I found that with my background in show horses and judging, and the fact that the property had been used by Princes Farm for equestrian purposes, this gave me some great inside knowledge of the lay of the land, which ultimately helped me win the tender."
 
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j.ballantyne1990-6AQqhLzZaK

Castlereagh lots snapped up as NSW government auctions former quarry site

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The Sydney rental property market remained steady over October with vacancy rates staying at 1.9% for the second month in a row, according to REINSW.
The October 2015 REINSW Vacancy Rate Survey found inner Sydney rose 0.1% to 2.1%, outer Sydney dropped 0.1% to 1.6% and middle Sydney held at 1.9%.
REINSW President Malcolm Gunning said for a second month in a row vacancy rates have remained at 1.9%.
"Job growth continues to be the key driver of interest in the Sydney market and the figures indicate demand is being met,” he said.
According to REINSW, Hunter region vacancy rates fell from 3.3% to 2.7%, the Illawarra the overall vacancy rate rose 0.4% to 2.6%.
New England increased 0.6% to 4.3%, Albury up 0.5% to 2.8% and Northern Rivers increased 0.1% to 1.2%. The Mid-North Coast fell 0.1% to 1.4% and Coffs Harbour fell from 2.8% to 1.9%. 
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jonathanchancellor-7SQnKwU6yx

Sydney rental property market steady: REINSW

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Sydney has had the third week in a row with a preliminary clearance rate below 60%, according to CoreLogic RP Data. 
Auction volumes for the week ending 22 November are down to 1,080 from 1,223 last week. 
Sydney's Eastern suburbs recorded preliminary clearance rate of  82.6%.
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mick.cee-iDmgDDAmu8

Eastern Sydney suburbs record 82.6% clearance rate: CoreLogic RP Data 

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Sydney’s clearance rate is under 60 per cent for the third week in a row for the week ending 22 November, according to CoreLogic RP Data's Market Indicator Summary.
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Melbourne’s clearance rate stayed under 70% for the fifth week in a row.
Nationally, some 3,087 auctions were held during the week with the preliminary national clearance rate has fallen to 60.8% from 62.3% last week.
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Sydney’s clearance rate under 60% CoreLogic RP Data 

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New South Wales auction results for the week ending Sunday 22 November show a preliminary clearance rate of 59% from 1080 scheduled auctions.
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<div class="num">According to data from realestate.com.au, 287 were sold at auction within NSW, 243 passed in and 212 sold prior to auction.</div>
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<div class="num">One standout sale in the Sydney suburb of Ramsgate was a three bedroom cottage at <a href="https://www.realestate.com.au/property-house-nsw-ramsgate-121124658" target="_blank">175 Ramsgate Road</a> (above) that sold for $991,000. The median price for a home in <a href="/news">Ramsgate is $910,000</a> according to CoreLogic RP Data.</div>
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<div class="num"><a href="https://www.realestate.com.au/auction-results/nsw?rsf=edm:auction:nsw" target="_blank">Click here to see the full state breakout.</a></div>
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New South wales clearance rate at 59% Realestate.com.au

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Australian Property Monitors (APM) has released a list of auction results in Sydney for Saturday 21 November. 
<a href="https://www.homepriceguide.com.au/saturday_auction_results/Sydney.pdf" target="_blank" rel="nofollow">Click here</a> for the auction results, and click on each street address to see the property's marketing.
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APM's Sydney auction results for 21 November

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NSW's price growth has been plotted over the past decade by BIS Shrapnel in the McGrath IPO prospectus.
There is also a forecast for 2016. 
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NSW price growth over the past decade 2005-2015: BIS Shrapnel

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Investors in South Western Sydney have been very visible in the property market in the past 12 months, the November report from Herron Todd White advises.
The HTW report suggests that typically investors are from out of town and are using the equity in their current dwellings to purchase an investment property in an outer ring suburb of Sydney which they expect will grow in value and provide consistent rental return due to the number of families moving to these areas for their affordability and general population sprawl.
"South Western Sydney has been a popular hunting ground for investors because of new stock which draws their attention for a number of reasons such as tax benefits, low maintenance and the ability to draw high quality tenants," the month in review suggests.
"Price points have generally been in the sub $750,000 range and being below the Sydney median price is one of the key factors.
"Yields have not generally been the attraction for investors - the capital growth has been the driving factor.
"Therefore with the new APRA regulations and the reported slowing of the market, investors may leave the market allowing for first home buyers to finally gain a foot hold."
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