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

Property Sale

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A $400,000 sale of 3 Lads Place, Dunlop was Canberra's cheapest weekend auction sale.
<a href="https://www.realestateview.com.au/Real-Estate/3-lads-place-dunlop/Property-Details-buy-residential-9593282" target="_blank">The four bedroom house </a>sold through LJH Commercial Canberra.
It last sold at $259,950 in 2003.
It was marketed as having a $480 to $500 weekly rental estimate, reflecting a 6 percent gross yield.
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jchancellor-FAypfDUnLy

Canberra's cheapest $400,000 in Dunlop

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The landmark sculptural building at 1 Hargrave St, Paddington purpose designed in 1989 for Sherman Galleries, sold last week, for $3 million by R&amp;W Bondi Junction agent Andre Frack.
The <a href="https://www.realcommercial.com.au/property-offices-nsw-paddington-501706809" target="_blank">contemporary three level building</a> with rooftop garden terrace was bought by Sydney sculptors Janos Korban and Stefanie Flaubert.
They have a well-established furniture practice in Alexandria renowned for their work with metal.
It will likely resume life as a gallery and exhibition space, a result no doubt pleasing not only the sellers, art academic and philanthropist Dr Gene Sherman and Equitilink founder Brian Sherman, but the local arts community. 
Buying interest in the corner building, which operated as Sherman Galleries until 2002, also came from several quarters including architectural and design firms.
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Former Sherman Galleries Paddington building sold to sculptors

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New South Wales auction results for the week ending Sunday 11 October show a preliminary clearance rate of 73% from 1141 scheduled auctions.
<div class="reported-auctions">
<div class="num">According to data from realestate.com.au, 382 were sold at auction within NSW, 150 passed in and 174 sold prior to auction.</div>
<div class="num"> </div>
<div class="num">One standout property sold in the Sydney suburb of Balgowlah was a three bedroom, one bathroom on 580sqm at <a href="https://www.realestate.com.au/property-house-nsw-balgowlah-120737825" target="_blank">76 Condamine Street Balgowlah</a> that sold for  $2,500,000.
</div>
<div class="num">
 The median price for a house in <a href="/news">Balgowlah is $1,660,000</a>, according to CoreLogic RP Data.
</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>
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mick.cee-iDmgDDAmu8

NSW auction results show 73% preliminary clearance rate: Realestate.com.au

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A property in the Victorian suburb of Garfield has made the latest top ten most discounted properties nationwide list from SQM Research in the number ten spot.
The four bedroom home on average at 1110 Nar Nar Goon Longworry road, Garfield, VIC, was first listed back in May 2011 with an original asking price of $1.2 million, according to SQM Research managing director Louis Christopher, who said the vendor reduced the asking price in August 2014, then again more recently to $850,000. "The property consists of a four bedroom home, 11 small paddocks, six stables, multiple haysheds, carports, horse shelters and more. This property is most definitely suited for someone interested in horses with plenty of business potential," he said.
<a href="/images/2015/10/07/Screen%20Shot%202015-10-07%20at%209.28.39%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/07/Screen%20Shot%202015-10-07%20at%209.28.39%20PM.png" alt="">
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New entrant scrapes into top ten discounted properties nationwide list: SQM Research

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A hilltop East Fremantle home has been listed for sale.
The <a href="https://www.realestateview.com.au/Real-Estate/42-alexandra-road-east-fremantle/Property-Details-buy-residential-9409662" target="_blank">2 Alexandra Road</a> property rebuilt in 2010 has been listed with $4 million plus hopes through Jonathan Keys at William Porteous Properties International.
A rooftop garden has wide river and ocean views.
The house is built on a 965 square metre floor area with under vaulted ceilings and travertine floors.
The median price for a house in <a href="/news">East Fremantle is $1,175,000</a>, according to CoreLogic RP Data.
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Hilltop East Fremantle trophy listed

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Blacktown's recent early spring 50% auction clearance rate blues - see-sawing at well below the overall 75% Sydney average - has highlighted growing concerns about a potential spring listings oversupply.
And some local agents are worried about the capacity to find enough buyers, especially investors.
Recent CoreLogic RP Data results suggest the higher the uptick in auction volumes the lower the success rates especially in suburbs where the auction system is not that entrenched.
Sydney's longstanding auction engine room - the inner west - continues to lead Sydney's auction property market sitting still in the high 80s, but its success rate too is down a tad on on recent peaks.
"What we’re seeing is that some investor demand has already been met in these markets, in Blacktown and other parts of western Sydney," Brian Reid, the chief executive at Raine &amp; Horne noted.
"It would also appear that more vendors are adopting the auction process as the median price in many of the outer suburbs approaches or exceeds the $1 million mark.
"There is still some strength and value in this market," he suggested.
Brian Reid added there is an over-reliance on auction clearance rates when measuring the health of the market, "whereas a truer indicator is the number of days-on-market."
LJ Hooker agent Clair Andree-Evarts said she had a recent "great result" for her $885,000 sale of 96 Peter Street - part of her 100% success rate this year for her auctions.
Despite her success she noted APRA's crackdown especially since June had effected the market as around half the buyers "disappeared" with the biggest issue being the 20% deposit requirement.
"This led to less buyers.
"The problem is less buyers meant less competition on auction day and with the market having been so great over the last year most agents were still relying on the buyers to fight it out themselves at auctions and hoping the results would just happen."
Many offerings have the added advantage with the current rezoning under the new Blacktown City Council Land and Environment Plan as R4-High density residential, so the buy and hold and redevelop potential is possible, she added.. 
Harcourts agent Rod Nolan suggested buyer enquiry numbers and open home inspection numbers are down on six months ago.
"I put it mainly down to rising stock levels which have tripled if not quadrupled in the same period and the increase in interest rates for investors.
"Buyers have more choice now so they will take longer to make it and negotiate harder."
Agent James Sotiropoulos suggested in Blacktown most properties were still offered by private treaty and auction was not the preferred method.
"The heat has come off the Sydney market and more properties are been placed on the market with vendor expecting results that are just not there any longer," he said.
The McGrath chief auctioneer Scott Kennedy-Green has noted a big improvement - against the trend - in the clearance rate of Parramatta and surrounds.
"It saw the biggest change up in year on year figures from 65% clearance in 2014 to 81% clearance this year while the number of auctions booked increase from 48 to 61,"
"This points to a popularity and comfort with the  auction process as a preferred method of sale, further west from Sydney’s CBD into less traditional auction areas," Scott Kennedy-Green noted.
<a href="/images/2015/09/07/Screen%20Shot%202015-09-07%20at%2012.26.33%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/09/07/Screen%20Shot%202015-09-07%20at%2012.26.33%20PM.png" alt="" style="line-height: 1.3em;">
Source September 7 CoreLogic RP Data 
Thomas Doyle, at PRD Research suggested primarily he’d put the Blacktown result down to the fact there isn’t an auction culture in Blacktown, "or the other western areas for that matter."
"Many factors contribute to auction clearance rate, including whether the reserve price reflects value at a price the market will accept.
"Buyers interested in Blacktown may lack the stomach for auction.
"Moreover, Blacktown stock may not compliment the auction mechanism.
"I’d put this down to an implicit premium that auctions are typically reserved for, which is lacking from these west markets - auctions seek to maximise buyer demand by speculating on market interest and anticipation for value – auction culture."
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Blacktown's see-sawing auction success rate suggests supply concerns

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Selling for more than $7 million, the Adelaide trophy home, Ivanhoe has set a South Australia record.
The property at <a href="https://www.realestate.com.au/property-house-sa-gilberton-106823637" target="_blank">9 Edwin Terace, Gilberton</a> sold off-market through Bernard H Booth agent Jamie Brown.
The previous record was held by historic Glenelg mansion Stormont, which sold for $6.5 million in 2010, also by Jamie Brown.
The 1889-built freestone six bedroom mansion offers almost 740sqm of living space across its 13 rooms.
It was set on a 4346sqm with tennis court and a pool.
It was built in 1889 by George Brookman, who named it Ivanhoe after his successful Kalgoorlie mine of the same name.
The property last sold in 2011 for $6.2 million to businessman Mark Britten-Jones.
 
SA’s previous top house sales
1/ $6.5 million — 14 South Esplanade, Glenelg, sold 2010
6 bedrooms, 4 bathrooms, two kitchens and a lift, sold with two titles.
Built 1886
2/ $6.4 million — 12 The Avenue, Medindie, sold 11/10/06
5 bedrooms, 3 bathrooms, 3 parking spaces, 9255sqm
Built 1876
3/ $6.2 million — 9 Edwin Tce, Gilberton, sold 29/06/11
5 bedrooms, 3 bathrooms, 2 parking spaces, 4346sqm
Built 1889
4/ $5.6 million — 28 Robe Tce, Medindie, sold 15/02/11
5 bedrooms, 4 bathrooms, 3135sqm
Built 1880
5/ $5.41 million — 12 The Avenue, Medindie, sold 29/06/11
5 bedrooms, 3 bathrooms, 3 parking spaces, 5136sqm
Built 1876
*Subdivision reduced land size
6/ $5.2 million — 17 Hawkers Rd, Medindie, sold 13/04/06
2201sqm
Built 1890
*Also sold on 30/05/14 as 7 Myrtles Court for $5 million
7/ $5.125 million — 4 Victoria Ave, Unley Park, sold 19/06/14
4 bedrooms, 2 bathrooms, 2 parking spaces, 2287sqm
Built 1920
8/ $5.1 million — 32 South Esplanade, Glenelg South, sold 19/05/05
4 bedrooms, 4 bathrooms, 4 parking spaces, 3626sqm
Built 1859
9/ $5 million — 1 College St, College Park, sold 21/01/11
5 bedrooms, 2 bathrooms, 1 parking space, 3968sqm
Built 1900
10/ $4.917 million — 11 Robe Tce, Medindie, sold 18/01/13
5 bedrooms, 3 bathrooms, 1 parking space, 3983sqm
Built 1900
Top house sales supplied to Adelaide Advertiser by CoreLogic RP Data
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Ivanhoe, Adelaide's $7 million trophy home sale

<html><body>Australian Property Monitors (APM) has released a list of auction results in Sydney for the Saturday September 12. <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 September 12

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It took a week of negotiations but celebrity renovator Cherie Barber has secured her desired record Leichhardt residential price.
Her renovated and extended cottage was passed in on a vendor bid of $3.05 million at early September auction - and sold seven days later at $3.06 million late Saturday night.
The Cobden Hayson agency sale bettered the inner west suburb record by $10,000.
Cherie Barber, the founder of the workshop Renovating for Profit, and dubbed as Australia's renovation queen, paid $950,000 in 2008 for the unliveable, double-fronted 1890s house at 93 Hill Street.
She then converted it into a five-bedroom showpiece family home with its Victorian grandeur fused with industrial warehouse style.
Her renovation project would have reportedly secured a $1 million profit if she'd got her overly ambitious $3.2 million hopes for the sizeable 411 square metre property completed with meticulous attention to detail.
The star of Channel Ten’s show, The Living Room had flown back for the auction from filming her Five Day Flip renovation series for US television in Minnesota.
She had knocked back a pre-auction offer of $3,050,000. 
Sydney’s preliminary auction clearance rate was 75% this weekend, the 10th week in a row where Sydney has recorded a result below 80%, according to CoreLogic RP Data.
Sydney’s previous clearance rate was 77%, while one year ago around 78% of homes taken to auction were successfully sold under the hammer.
Early spring volumes are higher at 1,046 listings, up from 1,023 the previous week. One year ago 743 Sydney homes were taken to auction over the week.
The Northern Beaches sub-region had the strongest performance with 84% of the 45 reported results selling over the past week.
Cobden Hayson selling agent Ben Southwell said his Leichhardt price had been expected as it one of the largest homes in the suburb. 
A former Victorian fire station in Leichhardt on a 662 sqm had held the suburb record since sold for $3.05 million in 2014.
The four-bedroom house at 27 Marlborough St was a circa-1890 Victorian fire station that was used as an army drill hall during World War I. It was later converted into a residential home by an owner who had a business importing French furniture with enchanting parterre gardens designed by Annie Wilkes.
It also achieved the highest price for Leichhardt when it last sold for $2.45 million in 2007.
The median house price of Leichhardt is at a record $1,180,000, according to CoreLogic RP Data.
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Cherie Barber secures her Leichhardt residential record

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Oakburn, the matrimonial Elizabeth Bay home of property developer Simon Gunnis and the Yummy Mummy pamper parlour co-founder Nicole Gunnis fetched $7.4 million at weekend auction through McGrath agent Ben Collier.
The heritage-listed residence last traded in a dilapidated state in 2009 for $4,305,000 when bought from the National Trust.
With pride of place on the <a href="https://www.realestate.com.au/property-house-nsw-elizabeth+bay-120521857" target="_blank">Elizabeth Bay loop</a>, more than $6.5 million was being sought this time for the semi-detached Victorian Italianate terrace.
It had been the long-time home of menswear fashion retailer and man about town John Lane who had divided it into flats. 
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