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

Ray White

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A piece of Sydney maritime history available at the auction of 20 Market Street built by 1910s Drummoyne ferry master, Captain George Gerdes.
Captain Gerdes and his wife Emma built the house around 1912 for their family of seven girls and two boys. Now the house that once belonged to the Gerdes family is set to go to auction on August 1 through Fiona Hellams of Ray White Drummoyne.
Ms Hellams said the historical aspect of the home and recently done renovations make it hard to put a price on the house.
“There is limited stock on the market in Drummoyne at the moment and nothing that is comparable to this house so it’s difficult to give out a price guide,” Ms Hellams said.
“We have chosen to take it to auction so we can get the most transparent indication of what this property is worth and the best the market has to offer.
Current owners Mark and Elaine Dyson have overseen considerable renovations since being built in the early 20th century.
The Dyson’s renovations earned the Drummoyne property an award in 2007 from The Master Builders Association for Excellence in Housing Awards in New South Wales.
The original dormitory was divided and converted into a large federation style bathroom and a sitting room or guest bedroom while the formal lounge became a large bedroom. The house was also extended and opened up to allow light and a visual connection to the garden with flowing indoor and outdoor living areas.
Recycled timber was sourced to match the wide Baltic pine floorboards, along with a 150 year old ironbark timber structural support column.
The upper level was designed to match the streetscape architecture of the existing house, whilst creating a large, light and airy space to accommodate the master bedroom, ensuite, open dressing area and parent’s retreat. The front balcony also extended the view from the house across Centre Point Tower, Sydney CBD and Callan Park.
<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/2020/7/10/1_Market-St-20-Drummoyne-Backyard_2-Low.jpg" alt="">
Both in the design industry, Ms Dyson said when it came to redesigning their home the couple really wanted to keep the integrity of the original house without doing a federation reproduction.   “The additions had to pay homage to the original house so we kept the high skirting boards and the original flooring as well as sourcing baltic pine floorboards because I wanted the flooring to flow to the new part of the house,” Ms Dyson said. “When we renovated the house we wanted to bring in a modern look and not completely ignore that it is an old house but keep those architectural details without making it a blank box. “We opened up the back of the house as well to let the sunlight come in. I do love the back of the house because it has this lovely flow from indoor to outdoor and it gets sun all year round.” While stock is low, Ms Hellams said the Drummoyne area has been popular with buyers looking for an inner city, family friendly area without the price tag.  “The house is in such a beautiful location, it’s only about 6 kms from the city in a very family orientated spot and because it’s got a lot of space for a family that’s the segment of the market we are expecting to see interest from,” Ms Hellams said.  “We’re over the bridge, a bit further away than Balmain from the city centre but a lot of inner city buyers are starting to look at Drummoyne more closely. “We’re getting a few out of area buyers as well, they are probably seeing Drummoyne as representing good value for money right now with a bit of extra space added in. “We’re seeing a lot of buoyancy for buyers and there’s a lot looking at the moment so demand is high.”
<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/2020/7/10/1_Bowman-St-27B-Drummoyne-Facade_1.jpg" alt="">
The Ray White Drummoyne office is well known for offering rarely available character home gems like Captain Gerdes’ house. Drummoyne agent Chris Wilkins is also set to sell a beautifully renovated Californian bungalow at <a href="https://ecomms.raywhite.com/collect/click.aspx?u=dDVJNUFaaUtibHRHSGNNM0RZcDByOS9BRzNhQXBsaC9KUjA5MHRxTzhHTHlVMnVqZUhqVWhKWlNDRGVDSUIzV2Q4WjBxdTdTODNjNGhtR3NGVkVRMmdGemVjYnUzN2N5QmhTU2JRS2pIMm42YzZGTnZyOGN4dGhZQUFyc2xzbHNvTU8zM0J6a3hTYWhjNEtCZTZnQ2txQ1pIcHdIa3p6UGU4S1VDVnJWUFdJPQ==&amp;rh=ff0064bf150646b0751ade6c95489c1fa8563148" target="_blank">27B Bowman St</a> (pictured above) through auction. The four bedroom property will be going to auction on July 25 and has already had strong interest from buyers after only being on the market for a short time.  
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j.ballantyne1990-6AQqhLzZaK

Historic Drummoyne ferry master’s 1912 home on the market

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A local development group has snapped up a Sunnybank Hills residential development site for $2,200,000 at <a href="https://ecomms.raywhite.com/collect/click.aspx?u=eG9WUEdZSU5rM2hhTUVhQlZhcWtSOTF5M0VPNUNML3pWRllxVUJoNmxWZ1Bjcmd6elhxblhMblhNSDcrSXlrYnlCK3FyVUJQNUpYNWpBSzQ5WFlKS0VLQ1E1YVY5aENseTNmRUFQOW9yU3JPbk5KQlRZQ3JScnQ0Q2xNdWJCRGVYK0g5ZDlLVW1naDR1VGMxLzlBa20rdnB1S3Azby85WUlLZWxVdk5SU3UxU0JPZ1ZzZjF5aG9HMHozTVNzSnE4VDhZc3VRSStBZVE9&amp;rh=ff0061e12424f7bdc41b090d4448bfbaedafd5e5" target="_blank">51 and 59 Bardolph Place</a>.   The property offered an approximately 5,688 sqm land parcel and was sold after a successful tender campaign on behalf of a deceased estate.    The asset was marketed and sold by James Hanley, Mark Creevey and Tony Williams of Ray White Special Projects Queensland.   Mr Hanley said the campaign drew a large amount of interest from a wide range of different groups, that included small-to-medium sized developers, local builders and syndicates. “We attracted really strong interest from the market with 74 enquiries received throughout the campaign and a total of nine formal offers at the close of tender,” he said.   “The site was purchased by a local development group who entered into a cash unconditional contract post the completion of the tender campaign. “They will propose to undertake a 10-lot community title residential subdivision scheme, with lots ranging in size between 406 sqm and 454 sqm.”
<img src="https://www.urban.com.au/images/2020/6/3/11_Sunnybank_1.JPG" alt="">
Mr Creevey said the land parcel was over two existing lots and provided one of the few remaining development opportunities within the local area.   “The site benefited from being within the affluent suburb of Sunnybank Hills, one of the most highly sought-after localities in Brisbane,” he said.   “The site was zoned Low Density Residential, which restricted development outcomes on the site to predominantly detached housing.”   Mr Williams said although the site would have traditionally been suitable for a townhouse development, recent amendments to the Brisbane City Plan limited the development of multiple dwellings for sites zoned Low Density Residential.    “The site is very well positioned within a 400m vwalk east of the Coles and Aldi anchored Sunnybank Hills Shoppingtown, providing future residents with ‘walkable access’ to various retail and healthcare amenity,” he said. 
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Sunnybank Hills residential development site sells for $2.2 million

<html><body>Ray White has come to Glenorchy, opened by locals Farzin Hesari and Nawwar Alshawi and backed by some of Hobart’s most experienced real estate consultants.  While the business duo and close friends are bringing decades of business experience to the table, their new recruits include Hobart real estate agents Samantha and David Johnston who have been serving Glenorchy buyers and sellers for more than ten years.  “We live in the area and know it well, which is why we are so excited that Ray White has opened a franchise here,” Mrs Johnston said.  They also pride themselves on their ability to obtain the best price in the market with Mrs Johnston saying they are always willing to go above and beyond to achieve premium results for their clients. “At the end of the day, Tasmania is a small place so word of mouth and referrals are extremely important and make up around 90 per cent of our business.” Ray White Victoria and Tasmania CEO Stephen Dullens said he is excited to welcome Mr Hesari and Mr Alshawi to the Ray White family.  “Tasmania holds a special place in our family business, with so much of our 118 year history tracing back to Hobart and the surrounding areas.  We're thrilled to welcome the Glenorchy team to Ray White and look forward to supporting them in providing exceptional service to their clients," Mr Dullens said.  Ray White Chairman Brian White warmly welcomed the Glenorchy team.  “My grandfather, Ray White, was born in Tasmania on the site of the now Odeon Theatre back in 1878,” Mr White said.  </body></html>

Ray White opens new office in Glenorchy

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James Ledgerwood has quit The Agency at Bondi Beach to join Ray White Double Bay.
Before moving back home to Sydney, he started his real estate career selling property at Surfers Paradise for Ray White.
His real estate career started in 2004 and then from 2011 with McGrath on the Gold Coast.
Over the past year realestate.com.au data suggests he sold 24 properties, with 20 houses at a $4 million medium and four units at a $1 million median. 
His most recent sale was in early June at Bondi with a $1.045 million apartment preceded by an $855,000 Bondi sale in early April.
Some of his sale results during his time at The Agency have included;
<ul>
<li>307 ‘Pacific’ 186 Campbell Pde, Bondi Beach - $6,000,000</li>
<li>13 Darley Road, Randwick - $5,550,000</li>
<li>Lighthouse 516 ‘Pacific’ 186 Campbell Pde, Bondi Beach - $4,550,000</li>
<li>6 Kings Road, Vaucluse - $4,100,000</li>
<li>310 Bondi Road, Bondi - $3,800,000</li>
<li>90 Ocean St, Bondi - $3,738,000</li>
</ul>
 
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James Ledgerwood quits The Agency

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The Ray White Rural network has welcomed Chris Goscomb, the owner and one of the senior auctioneers at NASCO Auctioneers.
For Brisbane-based Chris Goscomb, the former stock and station agent from Gunnedah NSW, he was attracted to the broad reach and scale of the fast growing rural network with key business owners in every state and territory of Australia.  
We’ve been on a good healthy growth path over the past six years, Mr Goscomb said. “Customers come to us if they want to buy or sell all kinds of stuff like machinery, vehicles, trucks, boats, tractors, plant and equipment.”  
NASCO conducts monthly auctions in Brisbane with their vendors typically being local and state government departments, finance groups, corporations, agriculture, rental companies, earth-moving and civil companies.  
They prioritise online technology which enables buyers to bid anywhere in the world via their smart device. 
Ray White Rural Managing Director Stephen Nell said he was excited about the potential that NASCO Auctioneers offers the broader agricultural network. 
“NASCO will be natural extension of our business given our company sells a lot of rural property and clearing sales are quite often included in those listings. All our members will now have a referral to assist them when selling their clients farm machinery. For the disposal of fleet, agriculture and machinery items everyone outside of Queensland will know to go to NASCO."
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Ray White Rural welcomes NASCO Auctioneers into the group

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Ray White Group managing director Dan White and Loan Market executive Chairman Sam White took to the virtual stage last night to explain why current market activity should give customers confidence to sell now rather than wait.     The webinar, that has been watched by more than 3,000 viewers, followed on from the success of the most recent Landlord Information Webinar and addressed property owners looking to sell in the next year.   “At a time when there’s so much conflicting commentary and confusion about the state and outlook of the property market, we wanted to talk directly to our customers about what’s happening now,” Mr Dan White said.  " “The one thing we have been reminded about over the past few months is the deep resilience of the Australian property market and the great love Australians have for it."   “People looking to sell need to know that the real estate industry has remained very active despite restrictions starting two to three months ago."
“During April and May, we served nearly 9,000 Australian families and businesses, representing over $4.4 billion of property. We also conducted 1,025 online auctions, with a better auction day clearance rate than the same months last year – prices also remained strong."   “When you look at our suite of office sites, they’ve had 9,640,000 – more than a third of the Australian population – visit, and that’s up 24 per cent on last year."    “The competition for property is as strong as ever – and with demand very much outstripping supply right now – there’s never been a better time to list your property." “Addressing the question of whether to sell now or wait, given the conditions we're seeing now and the potential risks in the market later this year, it seems hard to see why anyone would wait."
<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/2020/6/19/27_Webinar%20Ray%20White.jpg" alt="">   Loan Market Executive Chairman Sam White said buyers were confident and that was driven by the finance market and the support given to buyers from Australian banks.    “Banks and other major lenders have generally been very aggressive in trying to attract customers. We’ve seen this through very low-interest rates and specials, as well as banks offering customers cash incentives to refinance existing loans to them,” he said."   “Interest rates are at historical lows. For owner-occupied loans, we’ve seen variable rates from 2.63 per cent."
“Fixed rates are even lower, with rates starting from 2.09 per cent, a figure you can lock in for two years. It's important you understand all the conditions that go with a fixed rate as restrictions may exist on your ability to make additional payments, as an example."   “Longer-term, there seems broad agreement that Australia’s fundamentals post-COVID-19 should remain strong. Property investment has, and will always be, a long-term investment.”
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Ray White believe the time to sell is now

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An elevated six-bedroom, five-bathroom luxury house in Shailer Park perched up high on a hill on Brisbane’s Southside is for sale through Ray White agents Phillip Harrigan and Marion Sheerman. 
The <a href="https://www.realestate.com.au/property-house-qld-shailer+park-133572974" target="_blank">118 Boxer Avenue property</a> was built by high-end commercial builder, Christi Tufis of Pride Homes eight years ago with no expense spared. 
“The kids have all now grown up but it’s been a great family home, with lots of parties over the years. This is the best house to isolate in with its tennis court, home cinema and spa,” Mr Tufis said.
The home was built to a high standard with its signature 20mm pure white quartz tiles used throughout plus 3.6m high ceilings and double glazed windows.
The 5,284 sqm parcel of land offers three levels of living and incorporates two homes with the other two story house providing a good second rental income. 
“There’s vast entertaining spaces including a covered alfresco with outdoor kitchen and beautiful balconies with breathtaking views. A choice of perfectly executed living zones, each with soaring high ceilings and glossy tiled flooring,” the pair said.
“Hidden and private, this bushland retreat is bordered by sub-tropical gardens, each property overlooking the spectacular resort-style swimming pool and full-sized north-south tennis court.
“An entertainer's dream, this home offers an expansive alfresco with outdoor kitchen and incredible balconies with breathtaking views.”
The owners are downsizing into an apartment in the city while considering their next project. The property has a lot of fruit trees - mangoes, apples, avocados, a coffee tree, bananas, oranges, mandarins and limes to name a few.
The house is close to the shops and good schools like John Paul College.
Secure and gated, this residence adjoins Kimberley Grove Park and Cornubia Forest Nature Refuge. At just 20km to the Brisbane CBD and 45mins to the Gold Coast, it’s a great location on top of the hill with a lot of wildlife such as parrots and Mr Tufis has even spotted a white kangaroo in the bush reserve.
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Elevated six-bedroom trophy home in Shailer Park for sale

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GemLife has purchased the balance of ‘The Heights Estate’ in Pimpama, Gold Coast, for $29,700,000 and plans to deliver an over 50’s lifestyle resort on the substantial site.   The subdivision site, that offered around 46.41ha in land size, came with preliminary approval for 267 detached residential lots.   The asset was marketed and sold by Ray White Special Projects Queensland Executive Directors Matthew Fritzsche, Mark Creevey and Tony Williams.   Mr Fritzsche said the expressions of interest campaign demanded very strong enquiry and serious interest from groups.   “There's limited developable land on the Gold Coast of this scale and quality, and it showed in the strong number of enquiries we had throughout the campaign,” he said.   “It formed part of the master-planned ‘The Heights estate’ – which is a very well curated and presented estate by Sunland – on the northern Gold Coast.
“The Heights is 20 minutes* from the central Gold Coast and [approximately] 40 minutes from the Brisbane CBD. It’s in an elevated position within the estate, offering Gold Coast skyline views.   “The target list comprised local, interstate and international groups, and interest was predominantly from the residential and retirement/manufactured home estate sector.”   Mr Creevey said the sale highlighted that even in testing times, development sites with an element of approval would always be appealing.   “This really is an exciting project and we’re looking forward to seeing GemLife deliver yet another quality project,” he said.   “This is one of South East Queensland’s most recognised land estates - in a market with rapidly diminishing forward land supply.   “It's a high-quality estate with a significant entry statement, boulevard roads and footpaths, landscaping throughout and features central parkland.”
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GemLife pays $29.7 million to build Pimpama over 50's lifestyle resort

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<div>Matt Lancashire's New Farm Ray White office is sitting in the number 1 spot within Queensland of the estate agency network.</div>
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<div>"It was a proud moment for our New Farm office this month with our chairman Brian White calling to inform us that Ray White New Farm has taken the number 1 spot," Lancashire advised.</div>
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<div>"This is a huge accomplishment for us as the top spot hasn't been challenged for 25 years," he added, without mentioning it was Surfers Paradise that was set possibly to lose its crown.</div>
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<div>It is an interim advisory for the fiscal year to date, as at April 30.
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<div class="x_gmail_default">The awards recognition for national and international ranking won't be disclosed until the end of the financial year.</div>
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<div class="x_gmail_default">Ray White Double Bay is still at the top of the leaderboard nationally. </div>
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<div>The New Farm office has recorded over $60 million in sales for the month of May.</div>
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<div>"All sectors of the market are transacting from $350,000 apartments to our highest sale over $5 million," he said.</div>
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<div>His latest listings include Silverwells, is one of Brisbane’s most significant homes.</div>
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<div>"Few properties in the city’s history rival this contemporary heritage landmark which is spectacularly located between the Story Bridge and riverfront gardens," he said.</div>
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<div>The Brisbane agent, a family man and dad of three, has held Brisbane's residential house price record three out of the past four years.</div>
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He sold Brisbane's most expensive property for $18.48 million in 2016. 
Lancashire has said the new world of technology has been a "game changer" for his business, as well as real estate in general.
"Digital with social media has been a huge game changer where we can now target purchasers anywhere around the world," Lancashire says.
"Any state, and suburb, professions, age, demographics, locations, it's actually been such a big game changer for my business and also for real estate."
Lancashire takes anyone who follows him on Instagram through some of Brisbane's finest homes.
"Nothing beats selling a property for a client for a record price," he says.
Lancashire's move to real estate came in 2006 when he landed his first job with agent cum auctioneer Heasley Cush, who helps run the New Farm office.
He believes his apprenticeship as an electrician helps gives him an edge.
"I was a sparky but a very bad one!" he recalled to The Australian last year.
"One of the things I have on some of my competitors is that I have a thorough understanding of how construction works," he said.
"It's definitely a skill set which sometimes you can't learn unless you have been in the industry yourself."
Lancashire says his principals are simple, to get the best possible price for his vendor.
"I do have a reputation, especially in the high end of being the agent to sell with and not to buy through and that's something I take very seriously and I think about it every day."
He says there's only the one thing he would change about real estate.
It's about how easily agent licences can be obtained.
"I believe they give away licences way too easily, hence why real estate agents have a really bad name," the Ray White New Farm principal believes.
"You can get your real estate licence in three days and do it by correspondence in Queensland.
"I don't think that's the way it should be, I think they should regulate who comes into the industry and should do more testing around it because when dealing with one's most valuable asset it's looked over too easily.
"I believe that realestate agents do have that bad name because there are cowboys in the market."
The Ray White network has been asked to confirm the baton change details from Double Bay to New Farm.
 
 
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Matt Lancashire's New Farm Ray White office takes the state's number 1 spot 

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A five-bedroom, three-bathroom house in Wahroonga has sold for $3.5 million. 
The <a href="https://www.realestate.com.au/sold/property-house-nsw-wahroonga-133269802" target="_blank">Burns Road property</a> features wraparound entertainer's terraces, with level lawn area behind a sliding security gate.
The ground has a natural stone, gas heated and glass wrapped pool. 
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The 1,098 sqm property has two levels showcasing a lounge room, a family or media room and a large dining area adjoining the kitchen. 
Built in 2016, it was last sold for $3.06 million through Ray White Upper North Shore in 2017. 
A five-bedroom, three-bathroom house on Morris Avenue sold earlier this month for $2,420,000, and a five-bedroom, five-bathroom property also on Burns Road sold for $8,350,000 last week, reports Realestate.com.au.
 
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