Developers and apartment buyers have a narrowing window of opportunity before Brisbane's Olympic infrastructure pipeline begins competing directly with residential construction, pushing up costs, tightening labour supply and making new projects increasingly difficult to deliver.

While Brisbane's apartment market continues to benefit from strong population growth and limited housing supply, industry research suggests the years leading up to 2027 could prove to be the most important period for developers looking to secure builders and buyers hoping to purchase before the next wave of price increases.

A new Colliers report, Brisbane 2032 Olympic and Paralympic Games: Creating Solutions, highlights the scale of the challenge. While thousands of new homes are planned across South East Queensland, the Brisbane Olympic Athletes Village alone will deliver more than 10,500 beds during the Games before being converted into around 1,750 to 2,000 apartments. Equivalent to almost two years of typical inner-city apartment supply, the project will also absorb a significant share of the construction workforce and building materials.

The broader construction pipeline paints an even clearer picture.

Construction Skills Queensland's Horizon 2032 report forecasts Queensland's annual construction pipeline will average $69 billion over the coming years before peaking at $75 billion in 2027-28. Demand for construction workers is expected to increase by 17 per cent to almost 150,000 people, with the industry facing an annual shortfall of around 19,000 workers that could blow out to as many as 35,000 during the peak construction period.

The Olympic venues, athletes village and supporting infrastructure will account for billions of dollars worth of work across South East Queensland through to 2032, creating intense competition for labour at a time when Australia's residential construction sector is already under pressure.

[smartcode_project:default project_id=150489 project_image_fid=373834]

Colliers Queensland Residential Director Andrew Scriven said the convergence of these projects is creating a clear window of opportunity for both developers and buyers.

"From 2027 onwards, the market will shift dramatically," Scriven said.

"Labour will increasingly be locked into government-led infrastructure and Olympic projects, which means private residential developments will face higher costs and tighter margins. The developers who move now are the ones most likely to get projects off the ground."

Scriven said the same dynamic would also affect buyers, with fewer apartment projects expected to launch once construction capacity tightens.

"If you're looking to change your lifestyle over the next five years, now is your window of opportunity to buy."

[smartcode_project:default project_id=150713 project_image_fid=373827]

Developers are already positioning themselves ahead of that window.

Following the success of Monarch at Toowong, Consolidated Properties is preparing to launch two new Brisbane apartment projects in the second half of 2026. They include <a href="https://www.apartments.com.au/new-apartments/gloriette-30-bedivere-street-yeerongpilly-qld-4105">Gloriette</a> at Yeerongpilly Green, a 25-storey tower within one of Brisbane's key Olympic precincts, and <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a>, a recently approved 25-storey riverfront development at 47 Skyring Terrace in Newstead.

Hutchinson Builders will deliver both projects, with early works already underway at Yeerongpilly and Newstead expected to commence later this year.

The timing comes as Brisbane's fundamentals continue to strengthen, with strong interstate migration, population growth and vacancy rates remaining below 1.5 per cent.

Colliers Queensland researcher Pragya Sharma said Greater Brisbane is forecast to require around 40,000 new apartments between 2021 and 2031.

"There's a real mismatch emerging between when housing is needed and when it will be feasible to build," Sharma said.

"As a result, the period leading up to 2027 presents a key window of opportunity for developers to secure approvals, funding and construction capacity, while buyers will have greater choice before supply constraints intensify."

Colliers research outlines a critical pre-2027 window to start residential projects before labour squeeze: now is the time to buy

Joel Robinson

Developers, buyers on watch in South East Queensland ahead of construction crunch: Colliers

It's taken less than nine months for developer Sherpa Property Group to sell out all 51 apartments in its <a href="https://www.apartments.com.au/new-apartments/flourish-oasis-palm-beach-7-9-sixth-avenue-palm-beach-qld-4221">Flourish Oasis</a> development in <a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a>, over a year before its anticipated completion.

&nbsp;

Located at 7-9 Sixth Avenue, the $67 million development has resonated strongly with both local owner-occupiers and downsizers seeking high-quality apartments within walking distance of the beach, dining precincts and everyday amenities.

[smartcode_project:default project_id=151449 project_image_fid=357458]

Christie Leet, Founder of <a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Group</a>, said the sell-out reflected both the strength of the Palm Beach market and the success of Sherpa's community-first approach to development.

"The sell-out of Oasis is a fantastic outcome and reinforces the strong demand we're seeing for thoughtfully designed apartments in lifestyle locations," Leet said.

"From the outset, our vision was to create a development that genuinely enhanced the Palm Beach community while providing residents with exceptional homes and wellness-focused amenities.

"We've been incredibly encouraged by the level of local support throughout the campaign, 72.5 per cent of buyers are locals, with a significant proportion of purchasers choosing Oasis as their future home rather than an investment."

[smartcode_project:default project_id=151449 project_image_fid=357463]

Construction is now progressing following development approval, with trusted builder LPS Group delivering the project and completion anticipated in Q3 2027.

Oasis forms part of Sherpa Group's successful Flourish collection, which has become recognised for its focus on wellness, community and elevated coastal living.

[smartcode_project:default project_id=151449 project_image_fid=357469]

Residents will have private access to a rooftop amenity space featuring a pool, gym, sauna, steam room, hot and cold plunge pools, spa and barbecue facilities.

"The success of Oasis demonstrates that buyers continue to prioritise quality, location and lifestyle," Leet said.

"We are proud to have delivered a project that has resonated so strongly with the market and look forward to bringing Oasis to life for our future residents."

Sherpa recently launched <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a>, its third instalment of the Flourish brand in Palm Beach following Flourish Oasis and <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>.

[smartcode_project_cta:default project_id=151449]

Sherpa sells out Flourish Oasis in booming Palm Beach

Urban Property Group's <a href="https://www.apartments.com.au/new-apartments/la-vera-macquarie-park-94-talavera-road-macquarie-park-nsw-2113">La Vera</a> is leading the next phase of Macquarie Park's residential evolution, with the new apartment development set to become the first of several new apartment projects in the precinct to complete.

The 169-apartment building has now topped out ahead of its scheduled completion in the third quarter of 2026, as new residential investment continues to reshape one of Sydney's largest employment hubs into a true mixed-use precinct.

[smartcode_project:default project_id=134951 project_image_fid=368645]

Cox Architecture has designed La Vera to capture the best of its unique positioning on Talavera Road, orienting the building towards Lane Cove National Park.&nbsp;The building features a sculpted northern façade with flowing curves inspired by the surrounding landscape, while its city-facing elevation adopts a more structured architectural expression to maximise skyline views.

"The vision for the project was to conceive a building that adopted an organic and curvilinear form to the northern portion that faces the Lane Cove National Park," <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a> Director Felipe Miranda said.

"The residents that reside in the northern portion of the building benefit by having beautifully crafted curved balconies that speak to the natural context and heighten the relationship of their internal living spaces to the external balconies."

[smartcode_project:default project_id=134951 project_image_fid=358802]

La Vera offers a diverse mix of one, two, three, and four-bedroom configurations, with prices currently starting from $740,000. Buyers so far have been a mix of Sydney-based investors,&nbsp;metro commuters, owner-occupiers and downsizers from surrounding North Shore suburbs.

Both investors and owner-occupiers have been drawn to La Vera's proximity to Macquarie University, Macquarie University Hospital, Macquarie Centre and the Sydney Metro, infrastructure that supports both strong rental demand and a convenient lifestyle for residents.

The apartments feature full-height glazing, timber flooring throughout living areas, stone kitchen benchtops, SMEG appliances, floor-to-ceiling bathroom tiling and ducted air conditioning.

Residents will have access to a rooftop recreation level featuring a swimming pool, sauna, barbecue facilities and landscaped relaxation areas, complemented by additional communal space at ground level. Many apartments enjoy uninterrupted views across Lane Cove National Park, reinforcing the project's connection to its natural setting.

[smartcode_project:default project_id=134951 project_image_fid=364551]

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a>, a family-owned developer and builder with nearly four decades of experience, holds a 4.5-star iCIRT rating and was Australia's first developer to introduce 10-Year Latent Defects Insurance (LDI). La Vera is the first apartment development in <a href="https://www.apartments.com.au/developments/macquarie-park-nsw-2113">Macquarie Park</a> approved to offer the additional insurance protection, alongside a five-year warranty on SMEG appliances.

Urban Property Group CEO Patrick Elias said the additional protection reflects changing buyer expectations in the off the plan market.

"Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. Having LDI is a tool to portray the confidence that we have in our product, and a confidence we want buyers to share," Elias said.

Following completion of the building later this year, buyers will move into their apartments well before Christmas.

[smartcode_project_cta:default project_id=134951]

La Vera closes in on completion as Macquarie Park continues residential transformation

Brisbane developer Red &amp; Co's decision to include dual key apartments in its debut Gold Coast apartment development, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO Varsity Lakes</a>, is proving to be one of the project's biggest drawcards, with buyers quickly snapping up the flexible residences.

More than half of the project's 36 dual key apartments have already sold, helping drive COMO beyond the 50 per cent sold mark within the first month of launch.

The strong response highlights growing demand for apartment designs that can adapt to changing lifestyles, with buyers increasingly looking for homes that accommodate multi-generational living, provide rental income opportunities or simply offer greater flexibility over time.

Located on the shores of Lake Orr, COMO will deliver 156 apartments across 16 levels, with the dual-key residences forming a limited release within the broader development.

Each combines a primary two-bedroom apartment with a fully self-contained studio on a single title, connected by a shared foyer and lockable internal door. The design allows owners to house ageing parents, adult children or guests while maintaining privacy, or lease the secondary residence to generate additional income.

Just 17 of the original 36 dual key apartments remain available.

[smartcode_project:default project_id=135546 project_image_fid=367096]

The innovative configuration combines two fully self-contained residences on a single title, typically comprising a primary two-bedroom apartment alongside a separate studio residence, connected via a shared foyer and lockable internal door.&nbsp;

The model is proving particularly attractive to owner occupiers navigating changing family dynamics and the realities of the current housing crisis.&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363511]

<a href="https://www.apartments.com.au/project-marketer/npa">NPA</a>&nbsp;CEO Andrew Erwin said dual key living was resonating strongly with modern buyers because it delivered both financial flexibility and practical lifestyle benefits.&nbsp;

“The housing crisis and rising cost of living are fundamentally changing how Australians think about home ownership,” Erwin said.&nbsp;

“Dual key apartments provide a genuine solution for families who want to stay connected while maintaining independence. Parents can help adult children save for a future home, ageing parents can remain nearby without moving into aged care, and owners still retain privacy and flexibility.

“Importantly, buyers are also recognising the financial advantages. It creates the opportunity to generate additional income from part of the home without the holding costs associated with owning a separate investment property.”&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363509]

Unlike traditional dual occupancy arrangements, the residences operate under a single title, meaning owners only incur one set of body corporate fees, council rates and holding costs.&nbsp;

The secondary residence can also evolve over time - functioning as guest accommodation, a home office, creative studio or private retreat before later becoming an income-producing asset.

<a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co</a>&nbsp;Director and Co-Founder David Laverty said the strong early sales reflected growing buyer urgency and changing priorities within the market.&nbsp;

“Securing more than half of COMO’s residences within such a short timeframe is an outstanding result and a clear endorsement of both the design and location,” Laverty said.&nbsp;

“Buyers are responding to the combination of location, connectivity and amenity, but ultimately it’s value relative to other East Coast markets that is driving enquiry.”&nbsp;

“We’re also seeing strong interest from owner occupiers looking for homes that can adapt with them over time. Flexibility has become one of the most important considerations for buyers in today’s market.”&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363515]

Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, COMO features a mix of one-, two- and three-bedroom residences with 2.7-metre ceilings and larger-format floorplans aimed at owner occupiers, downsizers and lifestyle-focused buyers.&nbsp;

The development will feature an extensive rooftop recreation and wellness offering including a 25-metre lap pool, sundeck, barbecue and dining areas, gym, sauna, plunge baths, landscaped gardens, wellness spaces and rooftop pickleball and paddleball courts.

The remaining dual key apartments range from 137 sqm to 167 sqm and include generous three-bedroom layouts with separate self-contained studio accommodation and dual parking.&nbsp;

Erwin said the dual key concept represented a broader shift in how Australians would live in the future.

“People want homes that can evolve with their lives,” he said.&nbsp;

“A dual key apartment can suit a family today, support an ageing parent tomorrow, and potentially generate income later on. That adaptability is becoming incredibly valuable in the current environment.”

Prices currently range from $2,115,750 to $2,583,000.&nbsp;

[smartcode_project_cta:default project_id=135546]

Inter-generational living drives demand for COMO’s dual key apartments as housing pressures reshape buyer priorities 

Builder-developer&nbsp;<a href="https://www.apartments.com.au/developers/ceerose">Ceerose</a> has doubled down on its Leichhardt ambitions, lodging its second State Significant Development Application (SSDA) in the suburb in the last six months.

Their newest proposal seeks to transform a former industrial precinct into a new residential community centred around the adaptive reuse of one of the site's heritage warehouse buildings.

The new project, on a 6,930 sqm block at&nbsp;<a href="https://www.apartments.com.au/new-apartments/40-76-william-street-leichhardt-nsw-2040">40–76 William Street</a>, will bring more than 200 apartments to a suburb that has seen little to no new supply in recent years. It follows Ceerose's late 2025 SSDA for a mixed-use apartment project on nearby Parramatta Road, signalling the developer's growing investment in Sydney's Inner West.

Ceerose Founder Edward Doueihi told Apartments.com.au the developer’s long-standing presence in Leichhardt and the Inner West had given it a strong understanding of how the area has evolved and where its future opportunities lie.

“Ceerose has had a long-standing presence in Leichhardt and the Inner West, giving us a unique understanding of the area’s evolution and future potential,” Doueihi said.

“Having delivered projects throughout the region, we have witnessed the suburb’s transformation first-hand and understand the opportunities for its continued growth.”

Doueihi said that understanding also informed the planning process, with a comprehensive Stakeholder Engagement Outcomes Report prepared before the application was lodged.

The report identified the key issues and concerns raised by neighbouring residents and other stakeholders, allowing those matters to be considered and incorporated into the design where appropriate.

He said the delivery of additional housing would also play an important role in supporting the revitalisation of Norton Street and the Italian Forum.

“By increasing the local residential population, the development is expected to strengthen demand for local businesses, encourage further investment, and help restore the vibrancy that made the precinct a thriving destination in the early 2000s.”

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="7258c54c-8167-479e-8361-2d5fca9915b4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010B%20-%20CGI%20-%20View%202.jpg?VersionId=S9DQfxu_jpcB5LrAEYFUbyMzg5odW6i5" />

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the redevelopment would involve the demolition of four existing industrial buildings while retaining and adaptively reusing the site's most significant warehouse. The retained structure would anchor a new residential precinct comprising five interconnected buildings arranged around a large central landscaped courtyard, with heights stepping from five storeys along the surrounding residential streets to 11 storeys at the William Street corner.

According to the Architecture Design Report by Woods Bagot, the proposal "seeks to create a residential village centred around a generous green heart while celebrating the site's industrial heritage through the adaptive reuse of the existing warehouse building."

The development would comprise 203 apartments, with 188 proposed as build-to-sell residences, alongside 15 affordable housing apartments.

Rather than treating the retained warehouse as a standalone heritage object, Woods Bagot has sought to weave the site's industrial history throughout the masterplan. The proposal retains the north and west facades of the landmark corner warehouse, while new buildings reinterpret the site's brick-and-steel industrial language through their material palette and architectural expression.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="9e8c64c2-881b-49e1-8c90-6b6acaaa45b6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010C%20-%20CGI%20-%20View%203.jpg?VersionId=Qm8_8H_Xrg_sc4Mdjc59vlAcKF_5wRTb" />

The design is organised around what Woods Bagot describes as a "green heart", a landscaped communal open space that reinstates the leafy character removed when the site became an industrial storage facility. A new pedestrian laneway running through the site would improve permeability between William, North and Francis streets, linking residents through landscaped public spaces while activating the ground plane.

Residents would have access to communal gardens and shared recreation areas distributed throughout the development. Sustainability has also been prioritised, with the project targeting an average 7.9-star NatHERS rating. Proposed initiatives include rooftop solar generation, rainwater harvesting, passive solar design, naturally ventilated lobbies, extensive cross-ventilation and the reuse of existing building fabric to reduce embodied carbon.

The adaptive reuse strategy became a defining feature of the application after heritage investigations found only one of the site's industrial buildings could feasibly be retained. The Heritage Impact Statement concludes that preserving the key warehouse façades while referencing the site's industrial character throughout the new development provides an appropriate balance between renewal and conservation.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="efffafdb-594f-4e2b-a067-921fd51c05e1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010D%20-%20CGI%20-%20View%204.jpg?VersionId=DPmE4.k16YRt0i27hEZVtJAffarpvUfx" />

"Retention and adaptation of the site buildings has been explored but found not to be feasible except for the tallest building, whose street facades will be retained," the heritage report states.

"The proposed building will interpret the brick and steel character of the subject site, including reuse of some components and construction of a large 'sawtooth' structure in the proposed open space."

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="3bfef2b5-83f5-40cd-9cab-767092f34266" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010E%20-%20CGI%20-%20View%205.jpg?VersionId=7asb3i_ql4ybbuJOUb5UHBEIy0Q9t.DF" />

The William Street site is located around 300 metres from Leichhardt North Light Rail station and a short walk to Norton Street's retail, dining and hospitality precinct. The surrounding area has increasingly become a focus for urban renewal given its proximity to public transport and the Parramatta Road corridor.

Doueihi founded Ceerose in 1998 and has grown the business to become one of Sydney's more active apartment developers in recent years, with completed projects including The Alex Collective in Alexandria, Abbie's Lane in Annandale, and the award-winning Munro House in Elizabeth Bay. They are currently delivering Belgravia, 17 luxury apartments in Potts Point.

First look: Ceerose doubles down in Leichhardt with adaptive reuse of former warehouse site

Property Listings

<html><body>
National residential listings fell in April 2018 by 3.8 percent from March, according to SQM Research.
Asking prices also fell over the month.
A total of 325,147 properties were listed in April.
In Sydney, listings fell by 4.4% from March but are up 34.9% from a year earlier as some homeowners seek to take profits on their homes before any sustained drop in prices.
Melbourne listings fell by 3.7% though they are now up 6.4% from a year earlier, reversing a previous a shortage of properties for sale in that city.
Listings fell in Hobart by 8.4% in April and are still down sharply or 26.8% from a year earlier, with a shortage of properties for sale helping to force asking property prices higher over the year to 1 May 2018. 
<table class="t1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td class="td1" valign="middle">
City
</td>
<td class="td2" valign="middle">
April 2017 Total
</td>
<td class="td3" valign="middle">
March 2018 Total
</td>
<td class="td2" valign="middle">
April 2018 Total
</td>
<td class="td4" valign="middle">
Monthly change %
</td>
<td class="td5" valign="middle">
Yearly change %
</td>
</tr>
<tr>
<td class="td6" valign="middle">
Adelaide
</td>
<td class="td7" valign="middle">
15,579 
</td>
<td class="td8" valign="middle">
16,912 
</td>
<td class="td7" valign="middle">
16,235 
</td>
<td class="td9" valign="middle">
-4.0%
</td>
<td class="td10" valign="middle">
4.2%
</td>
</tr>
<tr>
<td class="td11" valign="middle">
Brisbane
</td>
<td class="td12" valign="middle">
28,082 
</td>
<td class="td13" valign="middle">
31,619 
</td>
<td class="td12" valign="middle">
30,419 
</td>
<td class="td14" valign="middle">
-3.8%
</td>
<td class="td15" valign="middle">
8.3%
</td>
</tr>
<tr>
<td class="td6" valign="middle">
Canberra
</td>
<td class="td7" valign="middle">
3,472 
</td>
<td class="td8" valign="middle">
4,060 
</td>
<td class="td7" valign="middle">
3,895 
</td>
<td class="td9" valign="middle">
-4.1%
</td>
<td class="td10" valign="middle">
12.2%
</td>
</tr>
<tr>
<td class="td11" valign="middle">
Darwin
</td>
<td class="td12" valign="middle">
2,010 
</td>
<td class="td13" valign="middle">
2,094 
</td>
<td class="td12" valign="middle">
2,089 
</td>
<td class="td14" valign="middle">
-0.2%
</td>
<td class="td15" valign="middle">
3.9%
</td>
</tr>
<tr>
<td class="td6" valign="middle">
Hobart
</td>
<td class="td7" valign="middle">
3,103 
</td>
<td class="td8" valign="middle">
2,479 
</td>
<td class="td7" valign="middle">
2,270 
</td>
<td class="td9" valign="middle">
-8.4%
</td>
<td class="td10" valign="middle">
-26.8%
</td>
</tr>
<tr>
<td class="td11" valign="middle">
Melbourne
</td>
<td class="td12" valign="middle">
30,434 
</td>
<td class="td13" valign="middle">
33,624 
</td>
<td class="td12" valign="middle">
32,378 
</td>
<td class="td14" valign="middle">
-3.7%
</td>
<td class="td15" valign="middle">
6.4%
</td>
</tr>
<tr>
<td class="td6" valign="middle">
Perth
</td>
<td class="td7" valign="middle">
25,397 
</td>
<td class="td8" valign="middle">
27,261 
</td>
<td class="td7" valign="middle">
26,548 
</td>
<td class="td9" valign="middle">
-2.6%
</td>
<td class="td10" valign="middle">
4.5%
</td>
</tr>
<tr>
<td class="td11" valign="middle">
Sydney
</td>
<td class="td12" valign="middle">
24,735 
</td>
<td class="td13" valign="middle">
34,901 
</td>
<td class="td12" valign="middle">
33,364 
</td>
<td class="td14" valign="middle">
-4.4%
</td>
<td class="td15" valign="middle">
34.9%
</td>
</tr>
<tr>
<td class="td6" valign="middle">
National
</td>
<td class="td7" valign="middle">
322,400 
</td>
<td class="td8" valign="middle">
338,113 
</td>
<td class="td7" valign="middle">
325,147 
</td>
<td class="td9" valign="middle">
-3.8%
</td>
<td class="td10" valign="middle">
0.9%
</td>
</tr>
</tbody></table>
In Canberra, listings fell 4.1% and in Adelaide they were down by 4.0%. In Brisbane, stock on market fell 3.8% while in Perth listings dropped 2.6%. In Darwin listing fell by just 0.2%.
SQM Research managing director Louis Christopher, said the falls are just seasonal.
“Compared to a year ago, listings are higher in most cities," he said.
"The falls recorded this month are just seasonal and reflect the Easter holiday period. 
“Homeowners in Sydney are taking advantage of capital gains over recent times to list their properties for sale. 
"We have also seen more stock in Melbourne compared to a year ago as some homeowners there seek to take profits too. 
"However, in Hobart, home buyers are facing higher prices given an ongoing shortage of properties for sale,” said Mr Christopher.
Capital city average asking prices fell 0.8% for houses while unit asking prices fell 0.2% for the month to 1 May. In Sydney, asking house prices fell 1.1% while asking unit prices slipped 0.6%. Over the year, house asking prices were down by 1.0% to $1.36 million as the property market cools in Sydney. 
In Melbourne, asking price for houses were up 0.5% over the month and 18.8% over the year, entrenching gains over $1 million.
Hobart’s asking property prices are cooling, with house prices down by 1.7% over the month to 1 May and they are up just 5.3% over the year, down from 20%-plus gains a year through 2017. 
Capital city average asking prices fell 0.8% for houses while unit asking prices fell 0.2% for the month to 1 May. In Sydney, asking house prices fell 1.1% while asking unit prices slipped 0.6%. Over the year, house asking prices were down by 1.0% to $1.36 million as the property market cools in Sydney. 
In Melbourne, asking price for houses were up 0.5% over the month and 18.8% over the year, entrenching gains over $1 million.
Hobart’s asking property prices are cooling too, with house prices down by 1.7% over the month to 1 May and they are up just 5.3% over the year, down from 20%-plus gains a year through 2017. 
SQM have decided to review their annual Housing Boom and Bust Report, which they published in October 2017, due to recent developments to the housing market.
 
 
</body></html>

jrobinson-rf4aSBido9

Sydney listings up 35 percent from last April: SQM

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National residential listings rose by 3.2% to 334,594 in November 2017, with stock levels jumping in Sydney, Melbourne, Canberra and Adelaide, as homeowners seek to take profits ahead of the summer break, latest data from SQM Research shows.
Canberra led listings with an 8.5 percent jump, followed by 5.9% in Adelaide, 5.6% in Sydney and  4.9% in Melbourne. 
Compared to a year earlier, listings are up 20.1% in Sydney, reflecting a large increase in properties available for sale, though in Melbourne stock levels are down 10.3% from a year earlier, SQM Research said.
In Brisbane, listings were up by 3.3% and in Perth they rose 3.4%. In Hobart, listings were up by 3.1% over November, but are still down 28% from a year earlier, reflecting a sharp shortage of properties available for sale in that city. 
“November listings usually jump ahead of the market slowing during the Christmas and New Year’s break, so the results are expected. That said, the year-on-year increase in Sydney is significant. Sydney now has the highest level of listings since October 2012,” said Louis Christopher, managing director of SQM Research.
“While there is a slowdown in Sydney, and to a lesser extent in Melbourne, we are still of the belief this is just a temporary stay, with a likely acceleration in market conditions next year based on an expansion in lending once again by the banks and still low levels of interest rates.” 
<a href="https://www.propertyobserver.com.au/images/2017/12/5/SQM1.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/12/5/SQM1.png" alt="">
Capital city asking prices rose 0.5% for houses and 0.2% for units for the month to December 5. The largest monthly rise came from Canberra, where house asking prices rose 5.9%. 
In Melbourne, asking prices for units rose by 1.4%. Year-on-year asking house price gains were the strongest in Melbourne, with prices rising by 22.2%.   
Hobart had the strongest asking price gains for units, up 19.7% over the year.  
Only Darwin and Perth experienced price falls as the mining downturn continues to impact the property markets there, SQM said.
<a href="https://www.propertyobserver.com.au/images/2017/12/5/SQMIndex.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/12/5/SQMIndex.png" alt="">
<h3>Key Points </h3>
<ol>
<li>National listings rose 3.2% during the month of November to 334,594 residential properties, but were down 3.7% over the year.</li>
<li>Listings rose the most in Canberra over the month, up by 8.5%, to be up 10.8% over the year.</li>
<li>Listings jumped in Sydney by 5.6% over the month, to be up 20.1% over the year.</li>
<li>Hobart recorded a monthly rise in listings of 3.1%, but they are down 28.0% over the year.</li>
<li>Capital city asking prices rose over the year to December 5 by 10.2% for houses and 6.0% for units.</li>
</ol>
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Property listings rise in November as owners seek profits before summer break: SQM Research

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<div>SQM Research calculated that national residential listings fell in October by 1.4 percent to 324,228, with stock levels decreasing in most capital cities.  Melbourne posted the biggest drop of 3 percent, but listings bucked the national trend in Sydney and Canberra. Listings also rose in Adelaide by 2.6 percent.</div>
<div> </div>
<div>There were gains of 2.8 percent in Sydney and 5.3 percent in Canberra. </div>
<div> </div>
<div>Compared to a year ago, listings were down by 4.6 percent across all Australian capital cities. </div>
<div> </div>
<div>The biggest drop was posted in Hobart, with listings down by 25 percent. </div>
<div> </div>
<div>SQM said Melbourne followed, with listings down by 11 percent, reflecting tight supply in those two cities.</div>
<div>
 <img src="https://gallery.mailchimp.com/9badbd870addb4af72206c2eb/images/aa0a339d-60f7-4b4e-b970-360f8ad07a83.png" width="482" height="228">
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<div> </div>
<div>"It is not unusual to record a slight decline in listings in October," Louis Christopher at SQM said.</div>
<div> </div>
<div>"The initial September spring surge in listings has run its course. </div>
<div> </div>
<div>"A second surge in November usually occurs prior to the market closing for the year, and so, we expect listings to rise again next month."  "There is no evidence of any major correction in any city, however the large year-on-year rises in Sydney are demonstrating a downturn," he added.. SQM noted capital city asking prices rose 1 percent for houses but were flat for units for the month to October 24. </div>
<div> </div>
<div>The largest monthly rise came from Hobart, where unit asking prices rose 10 percent.</div>
<div> </div>
<div> In Melbourne, asking prices for houses rose by 1.7 percent, with a 1.3 percent rise in asking prices for units. Year-on-year gains were also the strongest in Melbourne, with both houses and unit prices rising 21 percent and 12.7 percent respectively.</div>
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Sydney's October listings surge are a sign of the downturn: SQM

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National residential listings fell in July 2017 by 5.1 percent to 316,748, with stock levels down in all capital cities during July according to SQM Research.
Louis Christopher, managing director of SQM said Hobart led the drop in property listings at 10.5 percent, followed by a 7.4 percent fall in Melbourne.
"Listings in both cities were down sharply from a year earlier, keeping upward pressure on asking house and unit prices," he said.
"Compared to a year ago, national residential property listings were down by 9.0 percent.
"There was some seasonality in the numbers, which contributed to the drop in listings. June had an extra weekend while July did not.
<a href="https://www.propertyobserver.com.au/images/2017/08/02/Chart-1.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/08/02/Chart-1.jpg" alt="">
"That can make a big difference as each Friday there are several new property listings that enter the market, and so we think June listings were overinflated by this fact.
"Sydney residential property listings fell 5.7 percent as vendors await the spring selling season and sit on the sidelines during the winter period.
"Stock is still in short supply in some cities, particularly in Hobart and Melbourne.
"This has helped to push up asking prices for houses and units in those cities to well over the double digits, with Melbourne’s asking house price growth leading the nation at almost 22 percent over the year to August 1.
"We also probably saw more first home buyers enter the market in July, with Victoria and NSW introducing grants for first homebuyers from July 1, which will push up demand on property and prices."
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National residential listings fall in July: Louis Christopher

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There were 50,856 newly advertised properties for sale nationally over the 28 days to 13 November 2016 and 242,525 total properties for sale, according to CoreLogic’s latest weekly report.
The property data firm says that although the number of newly advertised properties is 1% lower than a year ago, new listings are at their highest level since November of last year. Total listings are 2.5% lower than a year ago, but at their highest level since early June of this year.
Across the combined capital cities, the total of 32,135 newly advertised properties is 3.3% lower than 12 months ago, while the figure of 112,862 total listings represents a 1.9% increase from a year ago.
<a href="/images/2016/11/17/Number%20of%20homes%20for%20sale.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/11/17/Number%20of%20homes%20for%20sale.jpg" alt="">
Newly advertised properties are lower than they were a year ago in Sydney (-12.5%), Melbourne (-4.5%), Adelaide (-1.3%), Hobart (-2.5%) and Darwin (-26.7%).
While listings are substantially lower than a year ago in many of these cities, it is somewhat more difficult to reconcile the 9.5% annual rise in Brisbane and 4.9% rise in Perth given no substantial uptick in housing demand in those cities.
In terms of total listings, although across the combined capitals they are slightly higher than a year ago, they are lower in Sydney (-10.1%), Melbourne (-1.8%), Hobart (-31.5%), Darwin (-0.2%) and Canberra (-10.6%).
There has been a somewhat counter-intuitive substantial rise in total listings in Brisbane (11.8%) and Perth (18.9%).
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New property listings at their highest level since last November: CoreLogic

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The number of Australian residential property sale listings rose in all capital cities during the month of September 2016, with the Spring selling season attracting vendors into the market, according to SQM Research.
The number of national residential property listings rose 4.3%, with September recording 347,358 new listings, a rise of 2.4% from a year earlier. Sydney led the gains, with a 10.3% jump in monthly listings.
<a href="/images/2016/10/04/SQM%201.png" target="_blank">Click to enlarge</a>
 <img src="/images/2016/10/04/SQM%201.png" width="650" height="204">
Notably, Sydney property listings have jumped 13.2% from one year ago, reflecting the buoyancy of the property market there and the eagerness of vendors to take advantage of impressive capital gains in that city.
Elsewhere, Brisbane recorded a strong monthly gain of 7.4%, with listings up an impressive 12% from a year earlier. Other cities reporting a big boost in monthly property listings were Canberra, with a 6.5% rise, followed by a 5.1% rise in property listings in Melbourne. Even in Perth, where house prices are falling, monthly listings were up 4.7%, and they are up a healthy 9.6% from a year earlier. Only Hobart listings are down from a year earlier, one of the reasons for strong price rises in the city. Adelaide and Darwin listings posted modest growth.
Asking prices
Sydney and Melbourne property markets are still the strongest in the nation, with high auction clearance rates reflecting strong demand for property in both cities, with buyers still putting up their hands to bid despite high prices.
As can be seen from the table below, asking prices for property have jumped in Melbourne, following on from strong price gains in Sydney, where the insatiable appetite for property is being led by record low interest rates and strong population growth in both cities, especially in Melbourne.
Leading the way, year-on-year results reveal Melbourne median asking prices have jumped 15.1% for houses and 4.8% for units compared to this time last year. Hobart has also recorded yearly changes, with median asking prices for units climbing 25% from a year earlier and unit prices up 6.1%.
<a href="/images/2016/10/04/SQM%202.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/10/04/SQM%202.png" width="650">
Meanwhile, median asking prices for houses in both Darwin and Perth continue to fall. According to SQM Research, the median asking price for a house in Perth is $683,200, 5% lower than this time last year and in Darwin it is $619,700, 6.9% lower.
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Property listings rise in September: SQM Research

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A new property has been included on the top ten discounted properties nationwide list from SQM Research at number six.
The home, 160 Great Eastern Highway, Glen Forrest (WA - above) has had a reduction of 31 percentage points since being listed. It replaced 13/83 Aralia Street, Rapid Creek, NT, which sold last week for $240,000, $10,000 under the already reduced asking price of $250,000 according to SQM Research managing director Louis Christopher.
He said the property first came onto the market back in July 2015 with an original asking range of $1.3 - $1.5 million and at the end of last month the vendor slashed this price down to just $900,000, a total reduction of $400,000.
"The property is set on a massive 2018 sqm block with one gigantic family home, and bonus powered workshop," he said.
"The home consists of six bedrooms, two bathrooms, home theatre and study. It home also features a handy solar system with a three phase inverter which means no more annoying electricity bills.
"A reduction this large means business."
<a href="/images/2016/05/25/Screen%20Shot%202016-05-25%20at%202.37.25%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/05/25/Screen%20Shot%202016-05-25%20at%202.37.25%20PM.png" alt="">
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One new property on SQM's top ten discounts list

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One of the two Wombarra homes central to an ongoing saga concerning disgraced trade unionist leader Kathy Jackson and her partner Michael Lawler, the former Fair Work vice-president, is for sale.
The house at <a href="https://www.raywhite.com/nsw/wombarra/1455507/" target="_blank">30 Dam Road</a> is owned by the Sydney barrister suffering from dementia, David Rofe. The cul-de-sac home was bought in June 2014 for $1.35 million by Rofe, who lives with a ­dedicated carer in Sydney, and the house has now been deemed irrelevant to his needs.
The house, which sits side by side with the home of Jackson, now has a price guide of between $1.4 million and $1.5 million through Ray White’s Mattias Samuelsson for its May 21 auction.
Ms Jackson was revealed as being included in one of Mr Rofe’s wills two years ago, and could receive up to 10 per cent of his estimated $30 million estate.
Ms Jackson’s home is the subject of claims by the Health Services Union after the Federal Court found she had rorted $1.4 million as national secretary of the union. 
The union is battling Mr ­Lawler, who also placed a caveat over the home.
This article was first published in the Saturday Daily Telegraph.
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30 Dam Road Wombarra listed in Kathy Jackson fallout

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ASX-listed Rent.com.au Limited had more than 610,000 unique visitors to the website in February 2016, following on a record 615,405 visitors in January.
It also had almost 1,300 new landlord listings in the month, a new high, the company said in a regulatory announcement.
Rent managing director Mark Woschnak said the February UV traffic result was in line with expectations, representing sustained growth over January on a per day basis. 
“While strong UV numbers are important and demonstrate an increase in the awareness of <a href="https://www.rent.com.au/" target="_blank">Rent</a>, we are pleased with the launch of the national sales team ahead of schedule and continued gains made in agent and non‐agent registrations during the month of February," Woschnak said.
Rent now has more than 6,800 real estate agents registered with it and it has completed the deployment of its field sales team.
“We now have an on the ground agent sales presence right across the country and we are set to benefit from this continued increase in agent registrations. In addition to that, we have also had our biggest month yet for landlord listings,” said Woschnak. 
“Over the coming months we are focussing our resources on driving faster growth in agent and non‐agent registrations as we look to increase our overall level of listings content from the approximately 80 percent of national property listings that we currently have on site." 
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Rent.com.au had record landlord listings in February: ASX announcement

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The Australian Open finished last night... so Property Observer went looking for some homes that come with fabulous tennis courts.
Despite Melbourne being the Australian Open home, it is Queensland who are topping the charts in our list. 
 
<img src="/images/2016/02/01/image3-1.jpg" alt="" width="480" height="360">
1. <a href="https://www.realestate.com.au/property-house-qld-noosaville-121578622" target="_blank">Culcowy, 47 Beckmans Road, Noosaville, Queensland</a> (above)
The contemporary retreat Culcowy is privately positioned deep in a tropical setting
The five bedroom house is available through Dan Neylan and Imika Neyland of Downling and Neyland for $2.59 million.
The tennis court area can be viewed from the pool room and comes with a stand alone basketball hoop.
 
<img src="/images/2016/02/01/image4.jpg" alt="" width="578" height="433">
2. <a href="https://www.realestate.com.au/property-house-nsw-bayview-113105123" target="_blank">Bayview, Pittwater, New South Wales</a> (above)
This one is perhaps the most impressive property on our list - and comes from Pittwater.
The luxury estate comes with everything you can possible think of. A pool, spa, gym, games room, dine-in wine cellar and of course a championship size tennis court.
Anthony Walls of Max Walls International is the listing agent of the property posting a <a href="https://maxwalls.com/id137" target="_blank">short video of the trophy home</a>.
 
<img src="/images/2016/02/01/image10.jpg" alt="" width="502" height="377">
3. <a href="https://www.realestate.com.au/property-house-sa-springfield-119780115" target="_blank">9 Hillside Road, Springfield, SA</a>
New upcoming tennis star Thanasi Kokkinakis, who grew up in South Australian would be envious of this back yard tennis court set on the 2209 sqm site.
Opting to go with a swimming pool indoors and the tennis court outside, the five bedroom property also features a pool table with an accompanying bar and a 10 car underground garage.
Joe Oppedisano of Adcorp Property Group is seeking expressions of interest, but will be wanting to shift the property which has been on the market for over 200 days.
 <img src="/images/2016/02/01/new_court.jpg" alt="" width="556" height="358">
4. <a href="https://www.realestate.com.au/property-house-vic-warrandyte-121569434" target="_blank">Homewood Bound, Warrandyte, Victoria</a>
There had to be one property from Victoria in the list didn't there?
Homewood Bound's grass court is located at the rear of the house with a great vantage point from the second floor balcony.
With five bedrooms, five bathrooms, a loft-style studio and an inground, salt-water pool, Megadu listing agent Kevin Du should have no problem selling this one.
 <img src="/images/2016/02/01/700_onka.jpg" alt="" width="454" height="276">
5. <a href="https://www.realestate.com.au/property-house-sa-verdun-120934081" target="_blank">158 Onkaprainga Valley Road, Verdun, South Australia</a>
Another South Australia property rounds off the list.
Available through Tim Thredgold and Megan Thredgold of Toop and Toop, the massive seven bedroom property features a swimming pool beside a floodlit super grass tennis court.
Aptly named Forest Lodge, the estate has 4.9 hectares of land with four stables, 20x60 metre Olympic arena and a 10x10 metre undercover yard.
 
 
 
<h1> </h1>
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