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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Migration is a key factor to the ongoing strength of Sydney's housing market and especially the rising demand for high rise apartments.
Most of the forecast growth in household numbers in Sydney is attributable to migration.
With forecast net overseas migration (NOM) of 240,000 per annum over the decade to 2022, the total number of households in Sydney will grow by 309,000. However, if NOM is nil, the local population growth in households in Sydney over the decade is estimated at 110,000.
The reason why migration is such a major contributor to household growth, especially in the young age cohorts, is that Sydney is the main settlement location for the recent surge in migrants holding temporary visas, mainly students, but also working holiday migrants, 457 visa holders and visitors.
This has not necessarily been a revolving door as thousands stay on by switching to other temporary visas or gaining permanent residence through sponsorship by employers and by marriage.
Currently Sydney is receiving some 28 per cent of Australia’s migrant intake - more than its proportional share by comparison as Sydney makes up 20 per cent of Australia’s current population.
Youthful migration is especially high as in 2013-14 around 16 per cent of the net inflow of movers to Australia were aged 15-19 and 23 per cent were aged between 20-24.
By comparison, only 6.3 and 7.0 per cent respectively of Australia’s population are in those two age groups.
The housing patterns of recently arrived migrants is highly diverse — but most disperse to live with a resident whether Australian-born or former migrant.
Only a minority of the recent migrants live in migrant only households, according to a recent report by academics Bob Birrell and David McCloskey from the Australian Population Research Institute. 
Mostly in apartments, as significantly only 30 per cent of the migrants who arrived in Australia between 2006 and 2011 were living a separate house, compared with 71 per cent of the Australian-born persons living in Sydney.
The report suggested massive numbers of migrants live in tiny apartments totally unsuitable for raising a family.
"They are tiny because developers selling into overseas markets need to keep prices below $600,000."
As migrants extend their stay to between six and ten years (those arriving 2001 to 2005) the report noted the numbers living in separate houses had increased slightly.
The outcomes for Sydney, by comparison with Melbourne and the rest of Australia, are striking, the report suggested.
Just 44 per cent of these migrant-only households who arrived over the years 2001 to 2005 were living in a separate house in Sydney, compared with 65 per cent in Melbourne and 75 per cent for those living elsewhere in Australia.
Since many of the new migrant households will begin raising a family during the decade to 2022, they are forecast to will generate the need an additional 57,000 separate houses in Sydney.
But the report suggests the capacity of migrants to afford separate houses will continue at very low levels. 
Furthermore Sydney's chronic low numbers of building approvals for detached dwellings – just 10,920 annually - would ensure competition for detached housing in the inner and middle suburbs was likely to intensify as young households look to switch away from apartments.
But these young migrant families will be forced to pursue their dream ever further towards the periphery of Sydney and perhaps beyond. And once there will have to make do with a semi-detached dwelling, rather than a detached house.
This article was first published in the Saturday Daily Telegraph.
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jchancellor-FAypfDUnLy

Migrants make an important mix in Sydney apartment market

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North Sydney and Hornsby held the most auctions than any other Sydney region for the week ending 8 November with a total of 198 total auctions and a preliminary clearance rate of 67.1% according to CoreLogic RP Data.
Across Sydney a total of 1,222 auctions were held during the week. Sydney's northern beaches showed cosniderable auction strength.
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Sydney's northern beaches show auction strength: CoreLogic RP Data

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Strong demand for homes in the southern Sydney suburbs of Como, Engadine, Gymea and Sans Souci is driving the market for dual occupancy development sites, modern project homes and renovated older homes.
Herron Todd White's October Month in Review noted large premiums are being paid for the potential dual occupancy sites with building and renovating costs increasing due in part to a tight employment market for builders.
"An example of a strong result within the year in Como is a modern 5-bedroom project home  recently selling at auction for an astonishing $1.8 million," the report said.
"This home was previously sold in March 2014 for $1.355 million, so this was a tidy profit.
"Local agents attribute the increase to the mere convenience of move in and enjoy with absolutely no work required."
 
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Sydney's southern suburbs selling strong: Herron Todd White

<html><body>Australian Property Monitors (APM) has released a list of auction results in Sydney for the Saturday 7 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.</body></html>

APM's Sydney auction results for 7 November

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Saturday's initial Sydney-wide clearance rate fell to 59%, down on the 63% preliminary tally from last Saturday, which was revised to 58% after late result notifications to Australian Property Monitors.
“The market has crashed below 60 per cent with no sign of bottoming out,” the rather excitable Domain Group senior economist Dr Andrew Wilson told Domain after Saturday night headline initial clearance rates dropped below 60 per cent for the first time in three years.
He noted most capital city housing markets continue to weaken with auction clearance rates in Sydney now well down on the record high rates of autumn and the Melbourne auction market also notably fading. House price growth rates in Melbourne and Sydney fell sharply over the September quarter and will likely follow auction clearance rates downwards for the remainder of the year.
The top sale was a six-bedroom residence at 1 Elfrida Street, Mosman, for $5,375,000 through Simeon Manners who withdrew another Mosman offering due to lack of buyer interest. Selling agent Richard Simeon told the Sunday Telegraph the Elfrida Street vendors had actually raised their reserve price prior to auction. The marketing price campaign was pitched as selling in the "mid $5 millions." It traded at $3.7 million in 2004.
There were 1011 auctions scheduled for Saturday and with 652 results reported and 112 withdrawn. The number of Saturday night unreported sales increases dramatically whenever the market numbers jump and the market softens.
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Sydney auction success rate slumps into the 50s: APM

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The property developer Lim Sen Yap and his wife Elizabeth Garbacz have sold Djirang, their Vaucluse trophy home.
It was listed with $12 million plus expectations through Hamish Robertson at McGrath, who had the three storey Fisher Avenue home in conjunction with Christie's International.
The former chairman of retail property group Ipoh bought the historic F. Glynn Gilling-designed residence in 1996 for $3.4 million from restaurateur Harry Vardis. 
Ipoh Australia was the developer behind the QVB Building and Capitol Theatre restorations.
The home, built in the early 1940s for the Butler family and originally known as Marseilles, won Woollahra Council’s heritage conservation award in 2001.
This article was first published in the Saturday Daily Telegraph. 
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Vaucluse trophy home Djirang sold

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Auction clearance rates fell for the third consecutive week across the combined capital cities, down to 61.0% last week across a total of 2,288 reported auction results. 
This week 1,297 are scheduled across Sydney, with the 1,262 auctions are scheduled for Melbourne, accounting for over 80 per cent of all capital city auctions. 
Auction activity in Sydney has increased since this time last year, the latest CoreLogic RP Data figures show.
There are 1,297 auctions this week as opposed to 1,261 this time last year.
Brisbane, Canberra, Sydney, and Perth are all expecting fewer auctions than last week, while in Melbourne and Adelaide, the number of auctions this week relative to last week is higher. 
CoreLogic RP Data say Mosman is the busiest Sydney suburb with 18 auctions scheduled.
Last weekend the previously strong inner west in Sydney fell to its weakest auction clearance rate for some time, at 64%. The east, that had also been travelling above 80%, also fell, but only to the mid 70s. 
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Sydney inner west and east auction clearance rate tumbles: CoreLogic RP Data

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The New South Wales property boom isn’t over. It’s just that it’s migrated from Sydney and now resides in regional NSW.
The latest Hotspotting research finds that there are twice as many suburbs/towns with growth property markets in the regions as there are in the capital city.
It’s really hard now to find suburbs with growth markets in Sydney. By “growth markets” we mean suburbs with rising sales activity.
Those that exist are mostly found in the distant outer reaches of the Sydney metropolitan area, in places like the Campbelltown and Liverpool LGAs in the south-west. This is yet another sign that the Sydney boom has run its course.
Most suburbs across Sydney are now what we call plateau markets. They’ve risen to a certain level over the preceding several quarters, passed their peak and have leveled off.
There are few instances of dramatic decline. This is one reason we don’t expect prices to fall to any great degree. As in 2004, the last time a significant Sydney boom ended after 2-3 chirpy years, price growth will fall away to increasingly low levels and values are unlikely to fall.
Meanwhile, the momentum has switched to regional NSW. This is good news for investors, provided they’re willing to shake loose from the capital city addiction that afflicts many consumers and consider the possibilities of buying in a strong regional city.
Buying in a good regional market presents what we like to call a win-win-win situation. Win #1 is lower entry prices. Win #2 is much better rental yields. Win #3 is good prospects for capital growth – provided you choose your target wisely.
There are plenty of places in regional NSW you wouldn’t want to buy. When we advocate regional locations, we’re thinking of those that meet some basic criteria.
You should be looking for a place with a substantial and growing population, in a strategic location well-connected to major centres by road, rail and air, at the heart of a broad region of people who travel to their regional city for retail, medical, education and other services – and, often, to retire.
The ideal targets will have economic diversity, good spending on infrastructure, low vacancy rates and one or two big kickers – specific events that represent the icing on the investment cake.
NSW, more than any other state or territory, has an abundance of strong regional centres that meet those standards. 
And there are numerous among them for strong sales momentum pointing to price growth.
The Central Coast has been strong for a couple of years now, having caught some momentum from Sydney. The Gosford and Wyong LGAs were among the first regional areas to rise and they, like Sydney, appear to have passed their peaks, with sales levels tapering off. 
But many others are rising. Newcastle and neighbouring precincts – including the Lake Macquarie, Port Stephens, Maitland and Cessnock municipalities – present as a large population centre with a bustling economy and plenty of growth markets. 
Sales levels have surged over the past 18 months in Port Macquarie, a strong coastal city greatly boosted by big spending on infrastructure.
Albury and its twin city Wodonga at the Victorian border fits all the core criteria as a regional centre worth considering and currently has numerous suburbs with growth markets.
These are many others with credentials, including Dubbo, Goulburn, Bathurst, Orange, Wagga Wagga, Tamworth, Wollongong and the towns of the Southern Highlands.
 
Terry Ryder is the founder of <a href="https://www.hotspotting.com.au/" target="_blank">hotspotting.com.au</a>. You can <a href="https://mailto:ryder@hotspotting.com.au" target="_blank">email him</a> or follow him on <a href="https://twitter.com/hotspotting" target="_blank">Twitter.</a> 
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terryryder-YECXbqmri2

New South Wales property boom has migrated: Terry Ryder

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The level of listed properties nationwide increased 7.3% in October when compared to September with Sydney posting a second straight monthly surge in listings, according to SQM Research.
SQM Research state Sydney residential property listings increased 22.5% during October to 28,827 listings. Managing director Louis Christopher said sale listings for Sydney are up 11.6% from this time last year, indicating that the number of property sellers in the residential market has increased.
"Year-on-year results indicate that Melbourne and to a lesser extent Hobar<a href="https://www.sqmresearch.com.au/total-property-listings.php?region=tas%3A%3AHobart&amp;type=c&amp;t=1" target="_blank">t </a>experienced excessive yearly falls," he said.
"Melbourne recorded the biggest yearly change, with listings falling by 9.6%, reducing the number of properties for sale to 39,909. Hobart also recorded yearly falls with records indicating a yearly change of 8.1%.   "More and more vendors are now struggling to sell in Sydney as buyers become cautious in their bidding compared to earlier this year. I think for now this is set to continue through to Christmas.
"While listings in Sydney surged, asking prices for Sydney dwellings remained unchanged over October, with houses recording a median asking price of $1,143,000, while the median asking price for units is $639,600, according to SQM Research, a rise of just 0.6% for the month."
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Sydney posts second straight monthly stock surge: SQM Research

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Sydney’s auction market continues to weaken in spring 2015.
Yesterday's initial Sydney-wide headline clearance rate eased to 63 percent, down on the 64 percent preliminary tally from last Saturday, October 24.
But that preliminary Saturday night result has since been revised to 56 percent after tardy result notifications to Australian Property Monitors.
The revised rate is always lower but with the higher stock listings the further into spring, it appears estate agents are even slower at handing over their passed in results. 
The October 24 weekend saw Sydney-wide clearance rate ease to 64 percent, down on the 65 percent preliminary tally from last Saturday, which was then revised to 60 percent after late result notifications.
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<div>Yesterday's 1000 plus offerings on Saturday October 31 was be the busiest ever conducted on a spring day in Sydney - just below the pre-Easter weekend record in this year.</div>
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Sydney’s inner west suburban region hosted the most number of auctions with 168, followed by the upper north shore 162, the south 137, the city and east 130, the northern beaches 91, the lower north 90, Canterbury Bankstown 72, the west 71, the south-west 69, the north-west 52, the central coast 31 and the Blue Mountains with just one auction scheduled.
Significantly the inner west clearance rate remains with 80% plus success numbers, along with the east, so the rout is not Sydney wide. 
The most popular suburbs for auctions in Sydney were Mosman, Ryde and Killara each with 13 followed by Epping and Manly, each with 12, and St Ives and Paddington with 11 auctions listed at the weekend.
Dr Andrew Wilson from APM forecasted last week the headline Saturday night Sydney number was set to see clearance rates below 60 per cent this spring, "a remarkable outcome considering the rate tracked at near 90 per cent over May – just five months ago."
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