<p>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.</p>

<p>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;</p>

<p>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;</p>

<p>“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;</p>

<p>[smartcode_project:default project_id=110291 project_image_fid=302785]</p>

<h2>Affordable product leads, premium demand remains resilient</h2>

<p>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;</p>

<p>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;</p>

<p>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.</p>

<p>Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.</p>

<p>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;</p>

<p>[smartcode_project:default project_id=148957 project_image_fid=364102]</p>

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

<p>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.</p>

<p>David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.</p>

<p>“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;</p>

<p>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.</p>

<p>[smartcode_project:default project_id=108869 project_image_fid=317905]</p>

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

<p>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;</p>

<p>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;</p>

<p>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”.</p>

<p>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;</p>


Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<p><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.</p>

<p>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.</p>

<p>Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.</p>

<p>“Brisbane was the right step for Sammut,” Sammut said.</p>

<p>“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.”</p>

<p><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" /></p>

<p>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.</p>

<p>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.</p>

<p>“We are DA approved now which is very exciting,” Sammut said.</p>

<p>“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.”</p>

<p><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" /></p>

<p>Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.</p>

<p>“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.</p>

<p>The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.</p>

<p>“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.”</p>

<p>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.</p>

<p>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.</p>


Sammut secures approval for debut Brisbane apartment development in Toowong

<p>Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.</p>

<p>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.</p>

<p>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.</p>

<p>“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.</p>

<p>“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.</p>

<p>“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.”</p>

<p>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.</p>

<p>“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.”</p>

<p>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.</p>

<p>“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.”</p>

<p>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.</p>

<p>“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.</p>

<p>Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.</p>

<p>“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.</p>

<p>“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”</p>

<p>The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.</p>

<p>“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.</p>

<p>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.</p>

<p>&nbsp;</p>


Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

<p>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.</p>

<p>The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.</p>

<p>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.</p>

<p>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.</p>

<p>“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.</p>

<p>“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.”</p>

<p><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" /></p>

<p>GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.</p>

<p>“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.”</p>

<p>Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.</p>

<p>“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.</p>

<p><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" /></p>

<p>&nbsp;</p>

<p>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.</p>

<p>Green praised local policy settings.</p>

<p>“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.”</p>

<p>One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.</p>

<p>“The way we will be able to achieve economies of scale is through size,” Green added.</p>


One Living enters Sydney's new apartment market with Northern Beaches site acquisition

<p>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.</p>

<p>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.</p>

<p>Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be</p>

<p data-end="683" data-start="511">"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.</p>

<p data-end="882" data-start="690">"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."</p>

<p data-end="882" data-start="690">[smartcode_project:default project_id=134646 project_image_fid=6109]</p>

<p>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.</p>

<p>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.</p>

<p>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.</p>

<p>[smartcode_project:default project_id=134646 project_image_fid=6110]</p>

<p>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.</p>

<p>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.</p>

<p>[smartcode_project:default project_id=134646 project_image_fid=6116]</p>

<p data-end="247" data-is-last-node="" data-is-only-node="" data-start="0">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.</p>

<p>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.</p>

<p>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.</p>

<p>[smartcode_project_cta:default project_id=134646]</p>


WM Residences fills gap in Mordialloc townhouse market

Ray White

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<p>Queensland Government owned properties, once earmarked for the former Glendower Dam project around Beaudesert and Tabragalba, are on the market in the first stage of the open market sales program. </p>
<p>The properties are a combination of large agricultural holdings, residential houses and lifestyle properties. </p>
<p>Six properties will be offered by auction for June 7 auction.</p>
<p>These properties comprise of three blocks of vacant land around 50 hectares each, a house on 1.2 hecatres, a house on 20 hectares with frontage to the Albert River and lastly 193 hectares of prime river flats with irrigation licences, houses and sheds. </p>
<p>The three lifestyle blocks are adjoining and are all fronted by Beaudesert Nerang Road.</p>
<p>One property comprises 193 hectares of rich river flats.</p>
<p>Three water licences are currently attached to the property. It is in eight freehold titles and has frontage to both Beaudesert Nerang Road and Tabragalba House Road. </p>
<p>The properties are located 60 kilometres from Southport and 70 kilometres from Brisbane. </p>
<p>Ray White Rural Queensland sales agent Peter Douglas and Ed Dalton, at Ray White Rural Beaudesert have been appointed to manage the sale process. </p>
<p>“It is a very good mixture with properties in all price brackets," Douglas said. </p>
<p>Properties will be open for inspections on Sundays. </p>
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j.ballantyne1990-6AQqhLzZaK

Ray White Rural to sell Glendower Dam sites

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<div>Melbourne auctioneer and agent, Aaron McDonald has been welcomed back to Ray White. </div>
<div> </div>
<div>Mr McDonald had been running his own business, before joining a local agency where he was awarded the number 1 sales agent from 2014-2017 across Melbourne's eastern suburbs. </div>
<div>  </div>
<div>Ray White Group chairman Brian White welcomed Mr McDonald back home. </div>
<div> </div>
<div>“It’s always a great compliment when agents of Aaron’s calibre come back to our group. If you want to go fast, go alone but if you want to go far, go together," Mr White said. </div>
<div> </div>
<div>McDonald was selling homes in Whitehorse, in particular the suburb of Blackburn.</div>
<div> </div>
<div>Domain indicated Aaron McDonald from McGrath Blackburn had sold 11 properties in the last 12 months , with an average sale price of $1.2 million and total sales valued at $13.3 million. Aaron worked with Grant Lynch, Ian van Eijk and Rachel Lau on three of these sales.
<p data-reactid="258">Aaron sold 9 houses and 2 apartments with 1 sales by private treaty and 10 by auction, and these properties were on the market for an average of 25 days.</p>
<p data-reactid="259">Aaron's highest recorded sale price was $2.3 million for 11 Jeffery Street, Blackburn, a 5-bedroom house which sold by auction last October.</p>
</div>
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Melbourne agent Aaron McDonald returns to Ray White

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<div>Australasia’s biggest property group, <span id="0.7442116941323146" class="highlight">Ray</span> <span id="0.2038638881688163" class="highlight">White</span>, is preparing itself for what is tracking to be the industry’s busiest weekend of auctions so far in 2018.</div>
<div> </div>
<div>A total 3,689 auctions are scheduled to take place this week across the capital cities, according to CoreLogic, a traditional rise in auctions occurring in the week prior to Easter. </div>
<div> </div>
<div>Melbourne will host the highest number of auctions out of all capital cities with 1,934 homes going under the hammer, which will make it the second busiest week on record for the city.</div>
<div> </div>
<div>
<div>One of Brunswick’s most charming homes (above) is scheduled to go to auction on Saturday at midday (AEDT).</div>
<div> </div>
<div>
<span id="0.5470571188022452" class="highlight">Ray</span> <span id="0.04650709860855462" class="highlight">White</span> Brunswick sales agent Alex Ilyin said no expense was spared in the build of <a href="https://www.realestate.com.au/property-house-vic-brunswick-127675706" target="_blank">32A Thistle St.</a>
</div>
<div> </div>
<div>The modern three bedroom build is full of elegant period features, from the high kickboards to a traditional fireplace.</div>
<div> </div>
<div>“Everything is done to a premium standard,” Mr Ilyin said. </div>
<div> </div>
<div>“Interest has been really great, and it’s generally come from people transitioning from their first purchase, so a lot of young professionals.”</div>
<div> </div>
<div>There’s a price guide attached to 32A Thistle St, Brunswick of around $1,150,000 to $1,250,000, in line with the Statement of Information.</div>
<div> </div>
<div>
<div>Another exciting Melbourne auction is scheduled for 1pm at 22A Bringa Ave, Camberwell.</div>
<div> </div>
<div>Marketed by <span id="0.9239246109726515" class="highlight">Ray</span> <span id="0.2920828070509026" class="highlight">White</span> Box Hill’s Jeremy Tyrrell, the single-level villa is appealing to buyers looking for the perfect downsize option or families wanting convenient access to Camberwell High and Melbourne's private school belt.</div>
<div> </div>
<div>
<div>To South Australia, where 9kms northwest of Adelaide’s CBD is a 1955 three bedroom home (above) scheduled to go under the hammer on Saturday morning. </div>
<div> </div>
<div>Marketed by <span id="0.5852751586754685" class="highlight">Ray</span> <span id="0.1725198935404344" class="highlight">White</span> Adelaide’s George Kargiotis, 17 Shirley Ave at Woodville West is expected to draw a solid auction crowd comprised mainly of first-home buyers.</div>
<div> </div>
<div>“The owner has renovated the home which now has polished floors, fresh paint, a new second bathroom and kitchen,” Mr Kargiotis said.</div>
<div> </div>
<div>
<div>In Western Australia, <span id="0.0474139130819774" class="highlight">Ray</span> <span id="0.6499063051478601" class="highlight">White</span> North Quays principal Scott Langley is managing the auction of a Kallaroo tri-level home (above).</div>
<div> </div>
<div>The 827sq m coastal property is at 4 Woolwich Close, around 25kms outside of Perth’s CBD.</div>
<div> </div>
<div>“It’s a great street, located in the Northshore Estate, and near parks and the newly refurbished shopping centre,” Mr Langley said.</div>
<div> </div>
<div>“Most interested people are looking to renovate as it’s a great project home to renovate with the bonus option of subdividing and building three new dwellings.”</div>
<div> </div>
<div>
<div>
<span id="0.5910561449481334" class="highlight">Ray</span> <span id="0.9265340774103629" class="highlight">White</span> Coorparoo principal Cliff Tarr is looking forward to Saturday’s auction of a Brisbane home (above) which has been held by the same family since 1964.</div>
<div> </div>
<div>The 885sq m corner block of land with a three bedroom house at 109 Albert St is in the popular suburb of Camp Hill, around 8km to the CBD.</div>
<div> </div>
<div>“Land is gold in Camp Hill,” Mr Tarr said.</div>
<div> </div>
<div>“It’s one for families looking for a big block, or developers.</div>
<div> </div>
<div>“Camp Hill has a very strong volume of owner-occupier houses, great parks, elevation, city views, and it’s just a beautiful spot close to everything.”</div>
<div> </div>
<div>
<div>Down the M1 highway, <span id="0.771749667243177" class="highlight">Ray</span> <span id="0.011798626151508618" class="highlight">White</span> Mermaid Beach’s Troy Dowker is taking a classic Gold Coast beach house (above) to auction on Saturday afternoon.</div>
<div> </div>
<div>The 506sq m oceanfront block is at 120 Pacific Pde, Bilinga.</div>
<div> </div>
<div>“Bilinga is probably one of the more high demand suburbs, not only on the Gold Coast but across Queensland,” Mr Dowker said.</div>
<div> </div>
<div>“Lots of people love the tranquillity and charm of the southern Gold Coast.”</div>
<div> </div>
<div>The four bedroom, two bathroom home has a deck overlooking the ocean, a large backyard for kids, while there’s also direct access to the beach.</div>
<div> </div>
<div>
<div>Meantime, <span id="0.198446465824914" class="highlight">Ray</span> <span id="0.8808428398185644" class="highlight">White</span> Lane Cove principal Paul Nees is taking a five bedroom, two bathroom Riverview home with a premier north aspect to auction on Saturday morning.</div>
<div> </div>
<div>The rare 965sq m property, at 1 Carranya Rd, has a current approved development application to extend the house, although Mr Nees said the dual-level residence already offers plenty of space.</div>
<div> </div>
<div>“The house itself is a great size, plus it has a swimming pool,” Mr Nees said.</div>
<div> </div>
<div>“It’s within walking distance to Saint Ignatius College, which is a big drawcard.</div>
<div> </div>
<div>“It’s an area with a lot of parkland and it attracts families because of the desirable school catchment.”</div>
<div> </div>
<div>Mr Nees expects the property to sell at the top of the auction’s $2.5 million to $2.75 million price guide. </div>
<div> </div>
<div>Riverview is a small established suburb on the shores of Sydney’s Lane Cove River.</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
<div> </div>
<div> </div>
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Ray White's pre-Easter Super Saturday offerings

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<p>Penrith Panther Trent Merrin hasn't strayed far from his upbringing with his latest property purchase.</p>
<p>The long-time St George Illawara Dragon has spent $1.3 million on a home in Shellharbour, near his native Wollongong.</p>
<p>Merrin snapped the home up in 21 days, before its scheduled auction.</p>
<p>It was sold a lot quicker than Shellharbour's average 75 plus days on market.</p>
<p>Ray White Shellharbour selling agent Amanda Bonnici described the home as one of the finest properties to come onto the Shellharbour Village market.</p>
<p>The modern four bedroom family home has ocean views from its 360 sqm parcel.</p>
<p>An alfresco deck with salt water swimming pool opens from the kitchen and living area.</p>
<p><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/2018/3/22/shellharbour%202.jpg" alt=""></p>
<p>Merrin has always kept his property portfolio close to home, previously owning in Barrack Heights and Flinders. </p>
<p>The settlement comes after he quit the title on the Gerroa he shared with former fiancee, professional surfer Sally Fitzgibbon.</p>
<p>It was late 2016 when his name was put on the title of the waterfront reserve cottage that cost Fitzgibbon $1,225,000 in 2010.</p>
<p>But after the couple split up he signed it back over late last year.</p>
<p>Merrin started his career at the Dragons where he played in the winning 2010 NRL Grand Final.</p>
<p>He's been at the Panthers since 2016, signing an initial three year contract and since finding his career best form has recently extended his stay at the foot of the mountains until the end of 2020. </p>
<p>This article was first published in the Sunday Telegraph.</p>
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jrobinson-rf4aSBido9

Penrith Panther Trent Merrin buys near Shellharbour

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<p dir="ltr"><span>Warren Ginsberg, from Ray White Double Bay, finished last week in a flurry with a trifecta of sales <span class="aBn" data-term="goog_495084649"><span class="aQJ">on Friday</span></span> to seal four contracts <span class="aBn" data-term="goog_495084650"><span class="aQJ">in four days</span></span> to the value of $11.2 million.</span></p>
<p dir="ltr">A timeless residence at <a id="m_-6465388716788642138LPlnk206200" href="https://maps.google.com/?q=50+Olola+Ave,+Vaucluse&amp;entry=gmail&amp;source=g" target="_blank" data-saferedirecturl="https://www.google.com/url?hl=en&amp;q=https://maps.google.com/?q%3D50%2BOlola%2BAve,%2BVaucluse%26entry%3Dgmail%26source%3Dg&amp;source=gmail&amp;ust=1521758800931000&amp;usg=AFQjCNHU-QvA3-p123qQh9kayfvOYYUydA"> 50 Olola Ave, Vaucluse</a> received significant interest, with 132 enquiries across three weeks (pictured below).</p>
<p dir="ltr"><span><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/2018/3/23/Original31412505.jpg" alt=""></span></p>
<p dir="ltr">Ginsberg said he was happy with the quick nature of these premium sales.</p>
<p dir="ltr">“For three out of the four sales last week, the average time on market was 17 days giving confidence the market is still strong,” Ginsberg said.</p>
<p dir="ltr">“We’ve seen double-digit growth for many years now, so it was inevitable a general price decrease was looming, however I’m confident the market can still offer great returns based on the low days on market.”</p>
<p dir="ltr">The Studdy family sold <a id="m_-6465388716788642138LPlnk118069" href="https://maps.google.com/?q=480+Old+South+Head+Rd,+Rose+Bay&amp;entry=gmail&amp;source=g" target="_blank" data-saferedirecturl="https://www.google.com/url?hl=en&amp;q=https://maps.google.com/?q%3D480%2BOld%2BSouth%2BHead%2BRd,%2BRose%2BBay%26entry%3Dgmail%26source%3Dg&amp;source=gmail&amp;ust=1521758800932000&amp;usg=AFQjCNEkuKY4EXKz1Ot9_JBF0gWVsXwvKg"> 480 Old South Head Rd, Rose Bay</a> (pictured below).</p>
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<p dir="ltr"><span><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/2018/3/23/Original31474663.jpg" alt=""><br></span></p>
<p dir="ltr"><span>“As a mortgage broker, I’ve seen the average time on market up to 40 days in some instances and for Warren to exchange within half that time and exceed our asking price by 13 per cent is really incredible,” Oliver Studdy said.</span></p>
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Quick Olola Avenue, Vaucluse sale

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<p>After a four week marketing campaign, Ray White Group's Andrew Jolliffe, has sold the Padstow Park Hotel. </p>
<p>The hotel, currently ranked 169 in the State's top 200 gaming hotels, and the recipient of a recent extension of trading hours windfall until 2am, is situated opposite Padstow train station on a 2700 sqm block. </p>
<p>Jolliffe advised that the auction room was again well supported by purchasers. </p>
<p>His auction sale record is now sitting at an 86% success rate.</p>
<p>The hotel was purchased for $26,000,000.00 by JDA hotels who enjoyed a management agreement at the hotel, confirmed Jolliffe. </p>
<p>The hotel was sold by White &amp; Partners who bought it in 2014 for $13.7 million when sold by Wesfarmers hospitality arm Coles Liquor. </p>
<p>"The market remains particularly active at present with the bandwith of sales for A grade hotels operating between 7% and 8.5%" commented Jolliffe. </p>
<p>Speaking on behalf of the purchaser, John Feros said they clearly knew the hotel, and had a good appreciation of the area; "having operated hotels in that part of Sydney for decades." </p>
<p><span><span>Ray White Hotels Australia has another 80m worth of hospitality assets currently under agreement, including the Ophir Tavern in the State's South West which the firm sold on behalf of Sydney based P.E. firm EBC Capital last Friday following an EOI campaign.</span></span></p>
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Padstow Hotel price almost doubles in four years

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<div>Jye Emdur, the model son of Channel 7 personality Larry Emdur, has moved from the runway to real estate.</div>
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<div>He’s started selling property at Ray White Double Bay, the state’s No. 1 Ray White office.</div>
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<div>Emdur will be a sales associate to Kate Zuppicich.</div>
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<div>Jye, who has modelled alongside Jesinta Campbell, Dominique Elissa, Kris Smith and Nick Youngquest, most recently appeared in Drumstick ice cream ads on bus stop billboards.</div>
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<div>He debuted on the catwalk at the 2015 Myer spring/summer parade while he was studying industrial design.</div>
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<div>The 2015 Cleo Bachelor of the Year nominee has quickly emerged as having a “nothing is a problem” attitude with clients.</div>
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<div>While not owning any property, he’s close to his dad who loves property. </div>
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<div>They, of course, also share a matching tattoo: “If not now, when?”  Larry and his mum, Sylvia sold their Dover Heights family home for a stellar $11.5 million last year.</div>
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<div>The family appear to spend much of their time at Bondi Beach where Larry has owned since 1992.</div>
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<div>This article was first published in the Sunday Telegraph.</div>
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firstname1-iYD4UYzvBa

Larry Emdur's son Jye moves in to real estate

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<span id="x_gmail-m_5399368607563286463gmail-docs-internal-guid-72d47209-1c3c-2164-d49e-f5cd5e6cebe9">Tony Fountain, one of the Ray White Group legends, has died </span>aged 72.</div>
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<div>The veteran estate agent began his Ray White career in the fledgling business in New South Wales in 1988. </div>
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<div>"He was relentless," recalled Ray White co-chairman, Brian White today.</div>
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<div>It was in recent years he moved to Bowral where is suffered a stroke on the weekend.</div>
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<div>His most recent sale was the Kangaloon property, Summerside.<a href="https://www.realestate.com.au/sold/property-acreage+semi-rural-nsw-kangaloon-127070614" target="_blank"></a>
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<p dir="ltr">"I am pleased to announce that our NSW Awards program will now include the Tony Fountain Auction Award," Brian White said.</p>
<p dir="ltr">"It will be a fitting reminder to all our members of the crucial role Tony played in the continuing development of our national expansion." </p>
<p dir="ltr">Tony is survived by his long-term partner Sam Hudson and his step-daughter Emily, plus his daughter Kylie Fountain and husband Kevin Hall, son Jason Fountain and wife Paula and son Kurt Fountain and his wife Josie and grand-daughters Charlotte and Sybella.</p>
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Ray White auctioneer extraordinaire Tony Fountain dies

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<div>Ferguson Property Agents in Cammeray is merging with Ray White Lower North Shore.</div>
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<div>Justin Ferguson and his wife Sally have been operating in Cammeray for 20 years and will rebrand their office to Ray White Ferguson (Cammeray) in February.</div>
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<div>After starting his career as a stock and station agent more than 30 years ago, Ferguson founded his own agency in 1998 and was widely known as “the Cammeray specialist" for his unrivaled local knowledge.</div>
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<div>Ferguson said the time was right to now “alter our strategy to remain relevant and grow our market share”.</div>
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<div>“Our journey from First National to a boutique agency was driven by our vision to service the market and gain dominant market share. We can now use the platform we created to build a stronger business with the Ray White group,” Mr Ferguson said.<span class="Apple-converted-space"> </span>
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<div>“Our main objective is to provide certainty as well as career opportunities for our staff by creating a sustainable business underpinned by a powerful household name.</div>
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<div>Ray White Lower North Shore directors Richard Harding and Geoff Smith said the decision to merge was simple.</div>
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<div>“We are a family owned business, and so is Justin Ferguson and so are the Whites. Justin is a local icon and Dan White has been instrumental in this alliance as it will be of benefit to us all,” the pair said.</div>
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<div>“We aim to be the vendor’s choice in every market and there is no doubt that this will create a stronger footprint for in the Cammeray community.</div>
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<div>“We see a lot of growth potential in this area and we are excited to work with Justin and Sally Ferguson and their daughter Sophie."</div>
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Ferguson Property Agents in Cammeray to join Ray White

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<p>One of Western Australia's leading estate agents Vivien Yap is set to join the Ray White group, departing LJ Hooker.</p>
<p>The Ray White statement suggested Yap's honesty, enthusiasm, and professionalism makes her one of the most trusted and sought after agents in Perth. </p>
<p>She got national exposure when she was a conjunctional listing agent for the Taj on Swan in Peppermint Grove.</p>
<p>Yap was appointed to sell the demolished property dubbed Taj on Swan but has yet to secure its sale.</p>
<p>The 6,600 sqm site had the Oswal's $70 million partially built mansion before it was demolished. It was said to be worth around $30 million on listing.</p>
<p>The incompleted house was the subject of a long-running battle between the owners and the council after it was abandoned when the Oswals left Australia in December 2010.</p>
<p>The original plans for the palatial home included seven domes, a temple, a gym and swimming pool.</p>
<p>She was recently recognised as LJ Hooker's top selling principal, the first time in the award's 22-year history the prize has gone to a woman.</p>
<p>She has been the REB top WA agent since 2014. She was poached previously from Acton to join LJH in 2015 when she was selling around $145 million of property after booking 89 sales at an average of $1.6 million in 2014. The REB 2017 data saw 122 sales at a $1.4 million average totalling $175 million.</p>
<p>Ray White Group joint chairman Brian White said there was no greater compliment that could be paid than to have a top agent joining the network.<br><br>“Ray White is so proud now to be the signature across so many amazing individuals," White said.<br><br>"These are the people who property owners choose more than anybody else.</p>
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<p>"We are so lucky to have more of the better people in our industry in our network, and our brand is the signature to their success."<br><br>“Growth is the oxygen for a business like ours that has been growing for over 115 years. My family and I are excited to welcome Vivien Yap and her team to our business.”<br><br>Ray White Western Australia chief executive officer Mark Whiteman also extended a warm welcome to Yap and her team to the WA network.<br><br>“There are moments in time that we recognise will define our future. Vivien’s choice to join Ray White is one such moment and something that will benefit our entire group,” he said.<br><br>“For some time we have looked for the right representation in the much sought after western suburbs of Perth and so we are delighted to be partnering with Western Australia’s number one agent.<br><br>“This is one of the most significant milestones in the history of the Ray White Group in Western Australia, since our inception here in 1994.<br><br>“We are excited about Vivien’s ambitions and look forward to supporting those ambitions into the future.”<br><br>Incoming business owner Vivien Yap was attracted to Ray White for its family values and supportive culture.<br><br>“Where else do I go when I am at the top of my game? I have been impressed by the White family’s significant investment in their business and the local support they have here in Western Australia,” Ms Yap said.<br><br>“The resources and support that I now have being with the number one brand in Australasia are very compelling. I know some of the best businesses in Australasia work within Ray White and I wanted to join the best.<br><br>“I have been impressed by the local support team in Western Australia and am excited about the future.”<br><br>Yap, a qualified pharmacist, said the property industry has some similarities to her previous career, as she’s found it’s important to be very consultative and evidence-based to be effective in solving problems for customers.<br><br>“It’s a very similar human interaction in real estate as you’re often trying to solve an issue for a buyer or seller and they often need to talk to you at uncommon hours of the day or night.”</p>
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