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

Clearance Rate

<html><body>
<div>Auction clearance rates are still booming along in Sydney's eastern suburbs, with a preliminary clearance rate of 84.3% recorded, with the inner west also on fire at 83.8%, according to CoreLogic-RP Data.</div>
<div> </div>
<div>Cameron Kusher of CoreLogic-RP Data has pointed out that every sub-region of Sydney has recorded auction clearance rates of above 80% at some point this year.</div>
<div> </div>
<div>How then has the city-wide clearance rate slipped all the way back to 64.4%?</div>
<div> </div>
<div><a href="/images/2015/10/26/RP1.jpg" target="_blank">Click to enlarge</a></div>
<div><img src="/images/2015/10/26/RP1.jpg" alt=""></div>
<div> </div>
<div>
<div>The unfortunate truth is that those suckered in to buying late in the cycle in outer western (30 per cent) and south-western Sydney (52.8 per cent) may well soon be sitting on a pile of negative equity, while home loan arrears have tended to be more elevated too. No real surprises here. </div>
<div> </div>
<div>Soft preliminary clearance rates were also recorded for the Central Coast (30%), Baulkham Hills &amp; Hawkesbury (38.5%), Blacktown (42.1%), and Parramatta (39.7%), while the outer south-west may fail to record a single auction sale.</div>
<div> </div>
<div>Of course, not all properties are sold at auction, and preliminary clearance rates by sub-region are essentially only an indicator of market sentiment. </div>
<div>
 Deutsche Bank has put out a research note which indicates that historically Sydney auction clearance rates have needed to decline to around 45% in order to be accompanied by year-on-year price declines. While certain inner suburban clearance rates remain very high as noted above, the above figures represent further evidence that in many areas away from the inner suburbs the investor market has been knocked for six by increased deposit requirements, and stock on market is now rising. Sydney will have some big auction weekends to muddle through before the Christmas break, in the meantime watch out for any handover to owner-occupier mortgage lending.</div>
<div> </div>
<div>
PETE WARGENT is the co-founder of <a href="https://allenwargent.com/" target="_blank" rel="nofollow">AllenWargent</a> property buyers (London, Sydney) and a best-selling author and <a href="https://petewargent.blogspot.com/" target="_blank" rel="nofollow">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" rel="nofollow">Four Green Houses and a Red Hotel</a>.
</div>
</div>
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pwargent-M4siyDbqQY

Auctions fading to black in Sydney outer: Pete Wargent

<html><body>
Sydney held a preliminary auction clearance rate of 64.4% from 995 scheduled auctions for the week ending October 25, according to CoreLogic RP Data.
The eastern suburbs holds a clearance rate of 84.3% from 109 auctions sold. The Northern Beaches holds a clearance rate of 61.9% from a total of 76 auctions.
 
<a href="/images/2015/10/26/Screen%20Shot%202015-10-26%20at%201.03.59%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/26/Screen%20Shot%202015-10-26%20at%201.03.59%20PM.png" alt="">
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mick.cee-iDmgDDAmu8

Sydney's eastern suburbs holds 84.3% clearance rate: CoreLogic RP Data

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Auctions for the week ending 25 October made for the second lowest clearance rte recorded all year, according to CoreLogic RP Data's Property Market Indicator Summary.
Some 3,086 homes were auctioned nationally last week, with the preliminary clearance rate of 66.6% down from 67.4% last week. According to CoreLogic RP Data the clearance rate has been below 70% for six weeks in a row.
</div>
</div>
</div>
</div>
<a href="/images/2015/10/26/Screen%20Shot%202015-10-26%20at%2012.48.44%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/26/Screen%20Shot%202015-10-26%20at%2012.48.44%20PM.png" alt="">
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Combined auction clearance rate down to 66.6%: CoreLogic RP Data 

<html><body>
The number of homes taken to auction this week increased to 3,086, up from 2,858 over the previous week, while the preliminary clearance rate of 66.6% is down from 67.4% last week, making this week the second lowest clearance rate recorded all year. 
The clearance rate has now been below the 70% mark for 6 weeks in a row. Over the corresponding week last year, the clearance rate was 69.3% and 3,231 auctions were held.
<a href="/images/2015/10/26/20151026-capital-city.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/26/20151026-capital-city.jpg" alt="" width="743" height="558">
 
Across Melbourne, auction volumes are the highest they have been all year with 1,663 properties taken to auction this week, while the clearance rate of 69.8% fell from 72.7 per cent across 1,398 auctions last week. This is the third lowest clearance rate for the year. At the same time last year, Melbourne was host to 1,837 auctions and a clearance rate of 71.0% was recorded. The busiest Melbourne sub-region this week was the Inner region where 341 auctions were held and a clearance rate of 73.7% was recorded.
<a href="/images/2015/10/26/20151026-Melbourne.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/26/20151026-Melbourne.jpg" alt="" width="676" height="454">
 
Sydney’s preliminary auction clearance rate improved this week after the lowest clearance rate for the year was recorded last week. This week, 64.4% of the 995 auctions scheduled were successful, up from 63.7% across 1,105 auctions over the previous week. Although the clearance rate has improved this week, it is still well below the 74.8% recorded across 961 auctions at the same time last year. The Eastern suburbs sub-region of Sydney has shown the strongest performance so far this week, with 84.3% of the 109 reported results selling, with 20 remaining results yet to be collected.
<a href="/images/2015/10/26/20151026-Sydney.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/26/20151026-Sydney.jpg" alt="" width="704" height="475">
 
In Brisbane, 223 auctions were held this week and a clearance rate of 54.8 % was recorded. Looking at last week, volumes were lower with 145 properties taken to auction and a clearance rate of 47.6%. Over the same week last year, 46.3% of the 211 auctions were successful. The Gold Coast saw 71.4% of the 21 reported auctions sell this week.
<a href="/images/2015/10/26/20151026-Brisbane.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/26/20151026-Brisbane.jpg" alt="" width="795" height="530">
 
This week, Adelaide recorded a preliminary clearance rate of 74.6%; with 67 reported results across a total of 103 scheduled auctions. In comparison, over the previous week Adelaide’s clearance rate was 67.5% and 56.5% one year ago.
<a href="/images/2015/10/26/20151026-Adelaide.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/26/20151026-Adelaide.jpg" alt="" width="814" height="552">
 
There were 33 Perth auctions this week and so far 16 results have been reported, with just 31.3%selling. Last week there was a 46.2% clearance rate for Perth although only 16 auctions were held.
Canberra’s preliminary auction clearance rate of 67.6% this week is similar to last week, when the final auction clearance rate was 68.0% and higher than the 58.3% recorded last year.
Of the 8 Tasmanian auction results reported so far this week, 4 sales have been recorded.
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smiller-vwPjRHTkST

Melbourne’s clearance rate falls below 70%: CoreLogic RP Data's Shana Miller

<html><body>
Melbourne notched up a clearance rate of 71% on the weekend compared to 73% last weekend.
The 71% matched the same weekend last year, <a href="/news">according to the REIV</a>.
There were 1358 auctions reported to the REIV, with some 1600 plus results to make the full weekend tally. 
Next weekend, the REIV is expecting 550 auctions – the highest ever for any Melbourne Cup Day weekend and more than double the number of auctions held last year.
 
Most Auctions – Melbourne (year to October 23):
<table class="t1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td class="td1" valign="middle">
Suburb
</td>
<td class="td1" valign="middle">
Total Auction
</td>
<td class="td1" valign="middle">
Sold at auction
</td>
<td class="td1" valign="middle">
Clearance rate
</td>
</tr>
<tr>
<td class="td1" valign="middle">
RESERVOIR
</td>
<td class="td1" valign="middle">
525
</td>
<td class="td1" valign="middle">
380
</td>
<td class="td1" valign="middle">
72%
</td>
</tr>
<tr>
<td class="td1" valign="middle">
RICHMOND
</td>
<td class="td1" valign="middle">
411
</td>
<td class="td1" valign="middle">
329
</td>
<td class="td1" valign="middle">
80%
</td>
</tr>
<tr>
<td class="td1" valign="middle">
GLEN WAVERLEY
</td>
<td class="td1" valign="middle">
403
</td>
<td class="td1" valign="middle">
317
</td>
<td class="td1" valign="middle">
79%
</td>
</tr>
<tr>
<td class="td1" valign="middle">
MOUNT WAVERLEY
</td>
<td class="td1" valign="middle">
388
</td>
<td class="td1" valign="middle">
325
</td>
<td class="td1" valign="middle">
84%
</td>
</tr>
<tr>
<td class="td1" valign="middle">
SOUTH YARRA
</td>
<td class="td1" valign="middle">
373
</td>
<td class="td1" valign="middle">
274
</td>
<td class="td1" valign="middle">
74%
</td>
</tr>
<tr>
<td class="td1" valign="middle">
ST KILDA
</td>
<td class="td1" valign="middle">
363
</td>
<td class="td1" valign="middle">
258
</td>
<td class="td1" valign="middle">
71%
</td>
</tr>
<tr>
<td class="td1" valign="middle">
BENTLEIGH EAST
</td>
<td class="td1" valign="middle">
332
</td>
<td class="td1" valign="middle">
272
</td>
<td class="td1" valign="middle">
82%
</td>
</tr>
<tr>
<td class="td1" valign="middle">
KEW
</td>
<td class="td1" valign="middle">
311
</td>
<td class="td1" valign="middle">
239
</td>
<td class="td1" valign="middle">
77%
</td>
</tr>
<tr>
<td class="td1" valign="middle">
GLEN IRIS
</td>
<td class="td1" valign="middle">
310
</td>
<td class="td1" valign="middle">
268
</td>
<td class="td1" valign="middle">
87%
</td>
</tr>
<tr>
<td class="td1" valign="middle">
BALWYN NORTH
</td>
<td class="td1" valign="middle">
300
</td>
<td class="td1" valign="middle">
243
</td>
<td class="td1" valign="middle">
81%
</td>
</tr>
</tbody></table>
Biggest increase in auctions (year to date comparison):
 
<table class="t1" style="height: 384px; width: 961px;" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td class="td1" valign="middle">
 
</td>
<td class="td1" valign="middle">
2015 YTD
</td>
<td class="td1" valign="middle">
2014 YTD
</td>
<td class="td1" colspan="3" valign="middle">
 
</td>
</tr>
<tr>
<td class="td1" valign="middle">
Suburb
</td>
<td class="td1" valign="middle">
Total Auction
</td>
<td class="td1" valign="middle">
Clearance Rate
</td>
<td class="td1" valign="middle">
Total Auction
</td>
<td class="td1" valign="middle">
Clearance Rate
</td>
<td class="td1" valign="middle">
Auction Increase
</td>
</tr>
<tr>
<td class="td1" valign="middle">
WANTIRNA SOUTH
</td>
<td class="td1" valign="middle">
151
</td>
<td class="td1" valign="middle">
88%
</td>
<td class="td1" valign="middle">
65
</td>
<td class="td1" valign="middle">
89%
</td>
<td class="td1" valign="middle">
86
</td>
</tr>
<tr>
<td class="td1" valign="middle">
GREENSBOROUGH
</td>
<td class="td1" valign="middle">
186
</td>
<td class="td1" valign="middle">
89%
</td>
<td class="td1" valign="middle">
107
</td>
<td class="td1" valign="middle">
75%
</td>
<td class="td1" valign="middle">
79
</td>
</tr>
<tr>
<td class="td1" valign="middle">
MOUNT WAVERLEY
</td>
<td class="td1" valign="middle">
388
</td>
<td class="td1" valign="middle">
84%
</td>
<td class="td1" valign="middle">
310
</td>
<td class="td1" valign="middle">
84%
</td>
<td class="td1" valign="middle">
78
</td>
</tr>
<tr>
<td class="td1" valign="middle">
GLEN WAVERLEY
</td>
<td class="td1" valign="middle">
403
</td>
<td class="td1" valign="middle">
79%
</td>
<td class="td1" valign="middle">
335
</td>
<td class="td1" valign="middle">
82%
</td>
<td class="td1" valign="middle">
68
</td>
</tr>
<tr>
<td class="td1" valign="middle">
BLACKBURN
</td>
<td class="td1" valign="middle">
199
</td>
<td class="td1" valign="middle">
80%
</td>
<td class="td1" valign="middle">
133
</td>
<td class="td1" valign="middle">
84%
</td>
<td class="td1" valign="middle">
66
</td>
</tr>
<tr>
<td class="td1" valign="middle">
BURWOOD
</td>
<td class="td1" valign="middle">
181
</td>
<td class="td1" valign="middle">
77%
</td>
<td class="td1" valign="middle">
121
</td>
<td class="td1" valign="middle">
80%
</td>
<td class="td1" valign="middle">
60
</td>
</tr>
<tr>
<td class="td1" valign="middle">
LALOR
</td>
<td class="td1" valign="middle">
186
</td>
<td class="td1" valign="middle">
71%
</td>
<td class="td1" valign="middle">
129
</td>
<td class="td1" valign="middle">
59%
</td>
<td class="td1" valign="middle">
57
</td>
</tr>
<tr>
<td class="td1" valign="middle">
CRAIGIEBURN
</td>
<td class="td1" valign="middle">
247
</td>
<td class="td1" valign="middle">
68%
</td>
<td class="td1" valign="middle">
191
</td>
<td class="td1" valign="middle">
69%
</td>
<td class="td1" valign="middle">
56
</td>
</tr>
<tr>
<td class="td1" valign="middle">
NOBLE PARK
</td>
<td class="td1" valign="middle">
188
</td>
<td class="td1" valign="middle">
81%
</td>
<td class="td1" valign="middle">
135
</td>
<td class="td1" valign="middle">
69%
</td>
<td class="td1" valign="middle">
53
</td>
</tr>
<tr>
<td class="td1" valign="middle">
ELTHAM
</td>
<td class="td1" valign="middle">
124
</td>
<td class="td1" valign="middle">
78%
</td>
<td class="td1" valign="middle">
72
</td>
<td class="td1" valign="middle">
75%
</td>
<td class="td1" valign="middle">
52
 
</td>
</tr>
</tbody></table>
Source: <a href="https://www.reiv.com.au/home" target="_blank">REIV</a>
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jchancellor-FAypfDUnLy

Melbourne keeps auction success in its 70% plus spring carnival stride: REIV

<html><body>
The weekend's initial Sydney-wide clearance rate eased to 64%, down on the 65% preliminary tally from last Saturday, which was revised to 60% after late result notifications to Australian Property Monitors.
It seems it now won't be long before the success rate dips into the 50s.
All dramatically down on the mid-80s of just six months ago.
The weekend's dearest sale was a grand Collaroy estate on a 1707sqm parcel, comprised of two separate lots under one title. The existing residence (above) had been tightly held by the family for 65 years <a href="https://doylespillane.com.au/MA2387/51-53-edgecliffe-boulevard-collaroy-plateau" target="_blank">until its sale through Doyle Spillane</a>.
<a href="/images/2015/10/26/Screen%20Shot%202015-10-26%20at%209.13.35%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/26/Screen%20Shot%202015-10-26%20at%209.13.35%20AM.png" alt="" width="855" height="564">
<a href="/images/2015/10/26/Screen%20Shot%202015-10-26%20at%209.13.43%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/26/Screen%20Shot%202015-10-26%20at%209.13.43%20AM.png" alt="" width="932" height="540">
</body></html>

Sydney clearance rates dip to 60%, with super Saturday stress next weekend

<html><body>
New South Wales auction results for week ending Sunday 25 October show a preliminary clearance rate of 64% from 995 scheduled auctions.
<div class="reported-auctions">
<div class="num">According to data from realestate.com.au, 311 properties were sold at auction within NSW, 199 passed in and 176 sold prior to auction.</div>
<div class="num"> </div>
<div class="num">One standout property in the Sydney suburb of Grays Point - a four bedroom home at <a href="https://www.realestate.com.au/property-house-nsw-grays+point-120861537" target="_blank">60 Budyan Road Grays Point sold for $1,250,000</a>.</div>
<div class="num"> </div>
<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>
</div>
</body></html>

NSW auction results show 64% clearance rate: Realestate.com.au

<html><body>
Despite a falling auction clearance rate, the volume of auctions being held across the combined capital cities and in particular, Melbourne, is rising.
Last week, the final auction clearance rate fell to 67.4% across 2,858 capital city auctions, while this week CoreLogic RP Data is expecting there to be just over 3,000 auctions held across the combined capital cities.
Melbourne will be the busiest city by far this week, with 1,710 auctions expected, indicating the busiest week for the city this year, but the auction market won’t be as busy as it was at the same time last year, when over the week 1,837 Melbourne homes were taken under the hammer. Last week, Melbourne was the strongest performing capital city market with both the highest volume of auctions (1,398) and the highest clearance rate (72.7%).
Notably, Melbourne’s auction performance last week was much stronger than Sydney, with the city recording its lowest clearance rate since early 2013 at 63.7%, representing a substantial fall from the previous week (69.6%). This week, Sydney is expecting 996 auctions to be held, relatively similar to last year when 961 Sydney homes were auctioned.
Auction markets will be busier in Brisbane (213), Adelaide (109) and Perth (35) this week compared to last week when 145, 93 and 16 auctions were held respectively. Canberra’s auction market activity will slow down this week, with 60 auctions expected, compared to 86 the previous week.
This week, the busiest individual suburbs for auctions are all in Victoria:
– Glen Waverley (30 auctions)
– Reservoir (23 auctions)
– Mount Waverley (22 auctions)
</body></html>

Clearance rate falling, auction activity rising: CoreLogic RP Data's Shana Miller

<html><body>
Melbourne had a preliminary auction clearance rate of 73.6% from 1,193 reported auctions, according to CoreLogic RP Data's Property Market Indicator Summary for the week ending 18 October.
Melbourne's inner region reported the highest number of auctions at 287, with a preliminary clearance rate of 73% had the highest number of auctions this week. The Outer East region had preliminary clearance rate of 82.1%.
<a href="/images/2015/10/19/Screen%20Shot%202015-10-19%20at%201.01.23%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/19/Screen%20Shot%202015-10-19%20at%201.01.23%20PM.png" alt="">
</body></html>

jonathanchancellor-7SQnKwU6yx

Outer East Melbourne nets clearance rate of 82.1%: CoreLogic RP Data

<html><body>
Sydney had a preliminary auction clearance rate of 66.6% from 830 reported auctions, according to CoreLogic RP Data's Property Market Indicator Summary for the week ending 18 October.
The final clearance rate for the city was 69.6 per cent, across 1,197 auctions.
The Inner West had an 80% preliminary clearance rate and the Eastern Suburbs 76.8%. The north Sydney and Hornsby region had a clearance rate of 87.6% from 118 auctions.
<a href="/images/2015/10/19/Screen%20Shot%202015-10-19%20at%201.01.14%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/19/Screen%20Shot%202015-10-19%20at%201.01.14%20PM.png" alt="">
</body></html>

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