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

Rental Yield

<html><body>
Rental increases are at their slowest pace on record at 0.7% over the year, according to the CoreLogic RP Data August Rental Review.
The extent of the current construction boom across the capital cities and slowing population growth is cited as driving factors. 
Over August, weekly rents fell by a further -0.4% and combined capital city rental rates are recorded at $487/week for houses and $462/week for units. 
CoreLogic RP Data senior research analyst Cameron Kusher said annual rental growth is well below its 10 year average levels. The 10-year annual rate of rental growth is currently higher than growth over the past year across each capital city. 
“Additional accommodation being provided by the current building boom along with record high levels of investment purchasing is adding substantial new dwelling supply to the market at a time where the rate of population growth is slowing,” he said.
 “At the same time as rental growth is slowing the rise in home values is pushing rental yields lower. Across the combined capital cities gross rental yields sit at record lows of 3.4% for houses and 4.3% for units.
“The ongoing decline in yields is largely being driven by Sydney and Melbourne where rental growth is sluggish and value growth is strong. As a result both cities currently have record low rental yields." 
<a href="/images/2015/09/10/Screen%20Shot%202015-09-10%20at%2011.21.10%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/09/10/Screen%20Shot%202015-09-10%20at%2011.21.10%20AM.png" alt="">
</body></html>

mick.cee-iDmgDDAmu8

Annual national rental rate increase drops to all-time low of 0.7%: CoreLogic RP Data

<html><body>
NFL San Francisco 49ers rookie Jarryd Hayne, currently chasing his American dream, has a property investment portfolio back home in Sydney.
The priciest is a terrace in Darlinghurst that cost $1.58 million in 2013.
He recently rented it out with a $1,100 weekly asking rent through the Our Estates agency. 
What caught my attention was prior attempts to lease the West Avenue property at $1,700 a week.
There was a simple reason for the sharp rental difference - Hayne had bought it fully furnished and until recently had continued its short term rental setup.
Only trouble was the $1,700 short term tenants were few and far between - and it needed higher attendance to maintenance than the typical six or 12 month rental agreement.
His gross investment rental return now equates to around 3.6% - which sits between the median yield range of Sydney houses and apartments. 
Gross rental yields are trending lower, according to the CoreLogic RP Data, with Sydney's gross rental yield currently at 3.1% for houses and apartments at 4.1%.
CoreLogic's head of research Tim Lawless noted Sydney rents had increased by around 2.5% over the past year while values have climbed 17.6 per cent higher.
"It is easy to see how yields are getting squashed," Tim Lawless said.
Investors seeking yields will be likewise challenged if they head to other capital cities, as the Melbourne house yield sits even lower at 3% and at 4.1% for apartments.
Risky Darwin ranks as the highest capital on offer at 5.5% yield for houses and for units. National gross rental yields sitting at 7.8% in 1996 are now at a low of 3.5% for houses. 
It is not to say rents aren't constantly rising across Sydney.
Onthehouse calculates house rental growth in Sydney has averaged 4.75% over the past 25 years, putting the typical rental income for a Sydney house at $680 a week and $560 for an apartment. It is $400 outside of Sydney for NSW houses and $345 for NSW units, both reflecting around 5% gross yields.
The REINSW’s latest vacancy rate sits at 1.9% with population growth helping to fill vacant Sydney homes and potentially greater upwards pressure on rents. 
This is especially likely in those suburbs where newly constructed dwelling supply is in short supply. 
The inner-city had Sydney’s highest rate at 2.1% as plenty of newly constructed apartments are completed.
The middle-city sits at 1.7% and the outer-city fell at 1.6%. 
"The low yield scenario has largely been overlooked by investors who appear to be more focused on chasing future anticipated capital gains rather than aiming for cash flow," Lawless noted this week.
After such strong recent price growth there must inevitably come a pause, possibly lengthy.
I'm thinking after three years with around 15% annual price growth, that the investment focus on bricks and mortar ought sensibly shift to being a bit more about the yield.
It is though a rare occurrence for weekly rents to outpace dwelling values for growth as Tim Lawless says since 1996 there have been only two periods - around 2008 and 2011.
I don't see capital city yields returning to the highs of the 1990’s, but is reasonable to presume upcoming improvements in yields. 
The emergence of the more professional longterm SMSFs investors and their retirement income purpose might help shift the focus towards the rental side of the investment.
Then what would be terrific was if it also triggers a shift to long tenure European-style rental agreements. Short term rentals aren't the best foundation for improving anyone's housing situation.  
This article was first published in the Saturday Daily Telegraph.
</body></html>

jchancellor-FAypfDUnLy

49ers rookie Jarryd Hayne reaping Sydney rental yield

<html><body>
Property investors have been pampered with an assortment of developments throughout Sydney over the last three years. Developments that have seen in the most part vacancy rates as low as 1.2%. 
Adding to the investors fortune are almost no-vacancy periods. High capital growth and low vacancy is an investors dream but how long will and can the party last? 
As I drive around Sydney in general and meet with clients in coffee shops, I have been noticing the emergence of the For Lease signboard. In some apartment buildings there are two, even three signboards adorning their front landscape. A sight not witnessed for some time.
As many investors have been feasting on the high property yields, many may drop their guard with respect to the upcoming oversupply and less demand for rental property. Current reports are now emerging with vacancy rate figures on the rise.
With the rise in vacancy periods comes the upsurge of the For Lease signboard - a symbol that should bring terror to the property investor. I am of the opinion that these signboards will grow in numbers, as they pop up like mushrooms in the front yards of older buildings. Tenants will migrate from the older apartment blocks to those newly built. 
There are other reports floating around that we have 90,000 off-the-plan purchases yet to be completed over the following 12 months. Again, I’m of the opinion the numbers quoted by the mainstream are conservative figures. It will be no surprise to finally calculate 130,000 plus apartments being built in the capital cities along the east coast of Australia. 
But wait! There is a hell of a lot more in planning and proposal stages. When I say a lot, I don’t just mean tens of thousands; let us just say that the Parramatta Rd corridor will see close to 100,000, if not more. 
What will set the trend for 2016 will be how quickly the tens of thousands of apartments will be occupied as they are completed in the following there to four months and what rental-incomes or returns are achieved. But not taking into account the rental guarantees promised by agents and developers.  
What I foresee will take place in the near future:
<ul>
<li>We will witness a migration of tenants from older unit blocks, to newly completed unit blocks. </li>
<li>Rents will be reduced to those promised to investors. However, although tenants will pay much less, the agents and developers will make up the difference. Happy-days for the renters. </li>
<li>Rental expectations will be adjusted even lower in the older apartment blocks to counter-act the mass exodus of tenants vacating the older dwellings.</li>
<li>Unit blocks that are 3 years and older will begin to creep down in value in some parts of Sydney and in others it will be a sudden drop.  </li>
</ul>
Why is this all important? 
If you are an investor and you believe you may be in an area where there is a high level of construction, then it’s time you begin to lock your tenants into a long term tenancy period. Perhaps even drop the rent a little to gain long term peace of mind. 
A vacancy-plan strategy will need to be put in place with your property management team - a plan that monitors both rental demand and vacancy periods in the area. 
Furthermore, right now is not the time to be looking at increasing rents in most parts of Sydney. There are only a few areas in Sydney that are coping with rental increases. With a smorgasbord of rental property available and more to come, tenants will move to newer and cheaper accommodation. 
What's the net result?
The net result for many that moved into the property investment game in the last 18 months will be very painful. Needless to say, a large number of investors that have borrowed equity against established dwellings to grow their property-portfolio will also find the near future somewhat turbulent. 
 
EDWIN ALMEIDA is licensee in charge of <a href="https://www.just-think.com.au/" target="_blank">Just Think Real Estate</a>.<a href="https://www.just-thin.com.au/"> </a>
He is also the creator of <a href="https://www.youtube.com/user/JustThinkProperty" target="_blank">Oz Real Estate.TV</a> and a presenter for <a href="https://propertyinvestingvault.com/" target="_blank">propertyinvestingvault.com</a>.
</body></html>

ealmedia-arK4DBYLjS

The rise of the For Lease signboard: Edwin Almeida

<html><body>
The top three suburbs in South Australia for the highest gross rental yields are Port Vincent at 13.84%, Solomontown (10.9%) and Port Pirie West (9.41)%.
According to CoreLogic RP Data the suburbs with the lowest gross rental yields are in Carrickalinga (2.14%) followed by Saint Peters, (2.51%) and North Adelaide (2.56%).
Highest
<table border="1">
<colgroup>
<col>
<col>
<col>
<col>
<col>
</colgroup>
<tbody>
<tr>
<td class="s0">Suburb</td>
<td class="s0">Postcode</td>
<td class="s0">Median Price ($'000)</td>
<td class="s0">Gross Rental Yield (%)</td>
<td class="s0">Weekly Median Advertised Rent</td>
</tr>
<tr>
<td class="s0">Port Vincent</td>
<td class="s1">5581</td>
<td class="s1">$342</td>
<td class="s1">13.84</td>
<td class="s1">$910</td>
</tr>
<tr>
<td class="s0">Solomontown</td>
<td class="s1">5540</td>
<td class="s1">$105</td>
<td class="s1">10.9</td>
<td class="s1">$220</td>
</tr>
<tr>
<td class="s0">Port Pirie West</td>
<td class="s1">5540</td>
<td class="s1">$105</td>
<td class="s1">9.41</td>
<td class="s1">$190</td>
</tr>
<tr>
<td class="s0">Peterborough</td>
<td class="s1">5422</td>
<td class="s1">$89</td>
<td class="s1">8.81</td>
<td class="s1">$150</td>
</tr>
<tr>
<td class="s0">Bordertown</td>
<td class="s1">5268</td>
<td class="s1">$158</td>
<td class="s1">8.25</td>
<td class="s1">$250</td>
</tr>
<tr>
<td class="s0">Port Augusta</td>
<td class="s1">5700</td>
<td class="s1">$168</td>
<td class="s1">7.74</td>
<td class="s1">$250</td>
</tr>
<tr>
<td class="s0">Elizabeth Downs</td>
<td class="s1">5113</td>
<td class="s1">$183</td>
<td class="s1">7.27</td>
<td class="s1">$255</td>
</tr>
<tr>
<td class="s0">Davoren Park</td>
<td class="s1">5113</td>
<td class="s1">$180</td>
<td class="s1">7.24</td>
<td class="s1">$251</td>
</tr>
<tr>
<td class="s0">Crystal Brook</td>
<td class="s1">5523</td>
<td class="s1">$171</td>
<td class="s1">7.15</td>
<td class="s1">$235</td>
</tr>
<tr>
<td class="s0">Elizabeth Park</td>
<td class="s1">5113</td>
<td class="s1">$191</td>
<td class="s1">7.08</td>
<td class="s1">$260</td>
</tr>
<tr>
<td class="s0">Elizabeth Grove</td>
<td class="s1">5112</td>
<td class="s1">$195</td>
<td class="s1">6.93</td>
<td class="s1">$260</td>
</tr>
<tr>
<td class="s0">Elizabeth North</td>
<td class="s1">5113</td>
<td class="s1">$190</td>
<td class="s1">6.86</td>
<td class="s1">$251</td>
</tr>
</tbody>
</table>
  
Lowest
<table border="1">
<colgroup>
<col>
<col>
<col>
<col>
<col>
</colgroup>
<tbody>
<tr>
<td class="s0">Suburb</td>
<td class="s0">Postcode</td>
<td class="s0">Median Price ($'000)</td>
<td class="s0">Gross Rental Yield (%)</td>
<td class="s0">Weekly Median Advertised Rent</td>
</tr>
<tr>
<td class="s0">Carrickalinga</td>
<td class="s1">5204</td>
<td class="s1">$414</td>
<td class="s1">2.14</td>
<td class="s1">$170</td>
</tr>
<tr>
<td class="s0">Saint Peters</td>
<td class="s1">5069</td>
<td class="s1">$1,100</td>
<td class="s1">2.51</td>
<td class="s1">$530</td>
</tr>
<tr>
<td class="s0">North Adelaide</td>
<td class="s1">5006</td>
<td class="s1">$1,070</td>
<td class="s1">2.56</td>
<td class="s1">$528</td>
</tr>
<tr>
<td class="s0">Saint Georges</td>
<td class="s1">5064</td>
<td class="s1">$920</td>
<td class="s1">2.57</td>
<td class="s1">$455</td>
</tr>
<tr>
<td class="s0">Hyde Park</td>
<td class="s1">5061</td>
<td class="s1">$1,100</td>
<td class="s1">2.62</td>
<td class="s1">$555</td>
</tr>
<tr>
<td class="s0">Toorak Gardens</td>
<td class="s1">5065</td>
<td class="s1">$1,160</td>
<td class="s1">2.69</td>
<td class="s1">$600</td>
</tr>
<tr>
<td class="s0">Hawthorn</td>
<td class="s1">5062</td>
<td class="s1">$827</td>
<td class="s1">2.73</td>
<td class="s1">$435</td>
</tr>
<tr>
<td class="s0">Westbourne Park</td>
<td class="s1">5041</td>
<td class="s1">$766</td>
<td class="s1">2.78</td>
<td class="s1">$410</td>
</tr>
<tr>
<td class="s0">Glenunga</td>
<td class="s1">5064</td>
<td class="s1">$909</td>
<td class="s1">2.8</td>
<td class="s1">$490</td>
</tr>
<tr>
<td class="s0">Cumberland Park</td>
<td class="s1">5041</td>
<td class="s1">$708</td>
<td class="s1">2.87</td>
<td class="s1">$390</td>
</tr>
<tr>
<td class="s0">Beulah Park</td>
<td class="s1">5067</td>
<td class="s1">$730</td>
<td class="s1">2.92</td>
<td class="s1">$410</td>
</tr>
<tr>
<td class="s0">Tennyson</td>
<td class="s1">5022</td>
<td class="s1">$1,120</td>
<td class="s1">2.93</td>
<td class="s1">$630 
</td>
</tr>
</tbody>
</table>
</body></html>

jonathanchancellor-7SQnKwU6yx

South Australia's best and worst suburbs for gross rental yield

<html><body>
<div>The top three Victorian suburb with the highest gross rental yields are Dimboola with 10.64% followed by Ouyen (10.27%) and Coleraine (9.24%).
</div>
<div> </div>
<div>According to CoreLogic RP Data, the suburbs with the lowest rental yielsd are Middle Park (1.79%), Portsea (1.81) and Eaglemont (1.86%)
</div>
<div> </div>
Highest
<table border="1">
<colgroup>
<col>
<col>
<col>
<col>
<col>
</colgroup>
<tbody>
<tr>
<td class="s0">Suburb</td>
<td class="s0">Postcode</td>
<td class="s0">Median Price ($'000)</td>
<td class="s0">Gross Rental Yield (%)</td>
<td class="s0">Weekly Median Advertised Rent</td>
</tr>
<tr>
<td class="s0">Dimboola</td>
<td class="s1">3414</td>
<td class="s1">$86</td>
<td class="s1">10.64</td>
<td class="s1">$175</td>
</tr>
<tr>
<td class="s0">Ouyen</td>
<td class="s1">3490</td>
<td class="s1">$81</td>
<td class="s1">10.27</td>
<td class="s1">$160</td>
</tr>
<tr>
<td class="s0">Coleraine</td>
<td class="s1">3315</td>
<td class="s1">$90</td>
<td class="s1">9.24</td>
<td class="s1">$160</td>
</tr>
<tr>
<td class="s0">Skenes Creek</td>
<td class="s1">3233</td>
<td class="s1">$351</td>
<td class="s1">9.07</td>
<td class="s1">$612</td>
</tr>
<tr>
<td class="s0">Corryong</td>
<td class="s1">3707</td>
<td class="s1">$140</td>
<td class="s1">8.91</td>
<td class="s1">$240</td>
</tr>
<tr>
<td class="s0">Warracknabeal</td>
<td class="s1">3393</td>
<td class="s1">$109</td>
<td class="s1">8.59</td>
<td class="s1">$180</td>
</tr>
<tr>
<td class="s0">Rosedale</td>
<td class="s1">3847</td>
<td class="s1">$160</td>
<td class="s1">8.13</td>
<td class="s1">$250</td>
</tr>
<tr>
<td class="s0">Heywood</td>
<td class="s1">3304</td>
<td class="s1">$140</td>
<td class="s1">7.99</td>
<td class="s1">$215</td>
</tr>
<tr>
<td class="s0">Nhill</td>
<td class="s1">3418</td>
<td class="s1">$118</td>
<td class="s1">7.95</td>
<td class="s1">$180</td>
</tr>
<tr>
<td class="s0">Donald</td>
<td class="s1">3480</td>
<td class="s1">$115</td>
<td class="s1">7.91</td>
<td class="s1">$175</td>
</tr>
<tr>
<td class="s0">Cobden</td>
<td class="s1">3266</td>
<td class="s1">$145</td>
<td class="s1">7.89</td>
<td class="s1">$220</td>
</tr>
<tr>
<td class="s0">Lake Boga</td>
<td class="s1">3584</td>
<td class="s1">$152</td>
<td class="s1">7.88</td>
<td class="s1">$230</td>
</tr>
</tbody>
</table>
 
Lowest
<table border="1">
<colgroup>
<col>
<col>
<col>
<col>
<col>
</colgroup>
<tbody>
<tr>
<td class="s0">Suburb</td>
<td class="s0">Postcode</td>
<td class="s0">Median Price ($'000)</td>
<td class="s0">Gross Rental Yield (%)</td>
<td class="s0">Weekly Median Advertised Rent</td>
</tr>
<tr>
<td class="s0">Middle Park</td>
<td class="s1">3206</td>
<td class="s1">$2,125</td>
<td class="s1">1.79</td>
<td class="s1">$730</td>
</tr>
<tr>
<td class="s0">Portsea</td>
<td class="s1">3944</td>
<td class="s1">$1,295</td>
<td class="s1">1.81</td>
<td class="s1">$450</td>
</tr>
<tr>
<td class="s0">Eaglemont</td>
<td class="s1">3084</td>
<td class="s1">$1,521</td>
<td class="s1">1.86</td>
<td class="s1">$545</td>
</tr>
<tr>
<td class="s0">Balwyn North</td>
<td class="s1">3104</td>
<td class="s1">$1,500</td>
<td class="s1">1.91</td>
<td class="s1">$550</td>
</tr>
<tr>
<td class="s0">Ashburton</td>
<td class="s1">3147</td>
<td class="s1">$1,250</td>
<td class="s1">1.92</td>
<td class="s1">$463</td>
</tr>
<tr>
<td class="s0">Kew East</td>
<td class="s1">3102</td>
<td class="s1">$1,325</td>
<td class="s1">1.94</td>
<td class="s1">$495</td>
</tr>
<tr>
<td class="s0">Aberfeldie</td>
<td class="s1">3040</td>
<td class="s1">$1,050</td>
<td class="s1">2.03</td>
<td class="s1">$410</td>
</tr>
<tr>
<td class="s0">Balwyn</td>
<td class="s1">3103</td>
<td class="s1">$1,755</td>
<td class="s1">2.06</td>
<td class="s1">$695</td>
</tr>
<tr>
<td class="s0">Deepdene</td>
<td class="s1">3103</td>
<td class="s1">$2,150</td>
<td class="s1">2.06</td>
<td class="s1">$850</td>
</tr>
<tr>
<td class="s0">Glen Huntly</td>
<td class="s1">3163</td>
<td class="s1">$1,110</td>
<td class="s1">2.06</td>
<td class="s1">$440</td>
</tr>
<tr>
<td class="s0">Toorak</td>
<td class="s1">3142</td>
<td class="s1">$2,988</td>
<td class="s1">2.08</td>
<td class="s1">$1,195</td>
</tr>
<tr>
<td class="s0">Ivanhoe</td>
<td class="s1">3079</td>
<td class="s1">$1,175</td>
<td class="s1">210</td>
<td class="s1">$475</td>
</tr>
</tbody>
</table>
 
 
</body></html>

Top three Victorian suburbs for highest and lowest rental yields

<html><body>
Residential vacancy rates held steady nationwide across July at 2.4% based on 73,209 vacancies, according to new figures released by SQM Research.
According to Louis Christopher, managing director of SQM Research, tourist area rents are remaining strong.
"The rental market is on balance slightly in favour of tenants at this point in time, though of course, each city tells its own story," Mr Christopher said.
"Areas exposed to the ongoing mining downturn are generally experiencing falls in weekly rents."
National June vacancy rates were 72,849. Hobart was the only city where vacancy rates fell over the month.
Canberra rose 0.3 percentage points, with Perth 0.2 percentage points.
Mr Christopher said Melbourne has recorded a rise of 3.0% for houses and 2.0% for units, while asking rents in Sydney and Adelaide also recorded modest rises for the same period.
 
<a href="/images/2015/08/17/Screen%20Shot%202015-08-17%20at%2012.18.01%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/08/17/Screen%20Shot%202015-08-17%20at%2012.18.01%20PM.png" alt="">
<a href="/images/2015/08/17/Screen%20Shot%202015-08-17%20at%2012.32.07%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/08/17/Screen%20Shot%202015-08-17%20at%2012.32.07%20PM.png" alt="">
</body></html>

Residential vacancy rates strong nationwide: SQM Research

<html><body>
Capital city rents are climbing at the slowest pace recorded since December 1995, with the annual rate of rental appreciation now 0.9% and continuing to fall.
According to CoreLogic RP Data's July Rental Index Results weakly rents over the past three months have fallen in every capital city except Melbourne.
CoreLogic RP Data head of research Tim Lawless said with home values continuing to rise, gross rental yields are trending lower. 
"Dwelling rental rates across the combined capital cities are sitting at $486 per week and fell by -0.3% over the month of July. However, weekly rents are up by 0.3% over the first seven months of the year and have increased by just 0.9% over the past 12 months," Mr Lawless said.
“Rental appreciation continues to be sluggish and can be largely attributed to the ongoing boom in dwelling construction across Australia’s capital cities accompanied by record high participation in the housing market from investors.
“With capital growth likely to continue outpacing rental growth, we expect that rental returns could push even lower over the coming months. From an investment perspective it means that capital growth is going to be much more important for a return on investment.”
Combined capital city gross rental yields were 3.4% for houses in July and 4.3% for units. Last year gross rental yields for houses was 3.8% for houses and 4.6% for units.
<a href="/images/2015/08/10/Screen%20Shot%202015-08-10%20at%209.25.18%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/08/10/Screen%20Shot%202015-08-10%20at%209.25.18%20PM.png" alt="">
</body></html>

po-LsXgBTHBmX

Capital city rents climbing slowest since 1995: CoreLogic RP Data

<html><body>
House and apartment rents are growing for landlords at the slowest pace since at least 1995 - and actually fell in July - according to CoreLogic RP Data.
Tim Lawless, CoreLogic's head of research, described rental appreciation was sluggish, on average less than 1 per cent a year, due to the boom currently underway in dwelling construction along with record participation in housing by investors, both domestic and foreign purchasers.
Rental rates fell by 0.3% in July 2015 across the combined capital cities. 
The current annual rate of rental appreciation has reached a new record low of 0.9% and is continuing to trend lower. 
Sydney and Hobart recorded the greatest increases in weekly rents.
Dwelling rental rates across the combined capital cities are sitting at $486 per week after they fell by 0.3% over the month of July. 
However, weekly rents are up by 0.3% over the first seven months of the year and have increased by just 0.9% over the past 12 months.
At a combined capital city level, gross rental yields were recorded at 3.4% for houses in July 2015 and at 4.3% for units while house rents are currently at a record low level.
One year ago, gross rental yields were recorded at 3.8% for houses and 4.6% for units across the combined capitals.
“With capital growth likely to continue outpacing rental growth, we expect that rental returns could push even lower over the coming months. From an investment perspective it means that capital growth is going to be much more important for a return on investment,” Tim Lawless said.
CoreLogic RP Data started its rental statistical collection in 1995.
 
</body></html>

National rental growth sluggish: CoreLogic RP Data

<html><body><div class="page" title="Page 2">
<div class="section">
<div class="layoutArea">
<div class="column">
Gross unit rental yields across Sydney and Melbourne are teetering on heading to new record lows, according to new research.
The CoreLogic RP Data Hedonic Home Value Index named Hobart as the only capital city over the last 12 months where rental growth kept up with value growth.
CoreLogic RP Data’s head of research Tim Lawless said capital city rents increased by just 0.9% over the past twelve months, the slowest pace on record.
"A lack of any meaningful rental growth at a time when dwelling values are rising by more than 11% over the year has pushed gross rental yields to new record lows across the combined capital city measure," Mr Lawless said. 
“When you consider that Sydney rents have increased by just 2.5% over the past twelve months while values have climbed 18.4 per cent higher, it is easy to see how yields are getting squashed.
“With value growth once again accelerating across Sydney and Melbourne, the market evolution in mortgage lending policies will will provide a timely test for housing demand, particularly from investors. The combined effect of tighter lending parameters with more focus on serviceability and low LVR’s, potentially higher mortgage rates for investment loans as well as limitations on the pace of investment lending imposed by APRA on Australia’s banks should conspire to slow investor demand in the market."
<a href="/images/2015/08/03/Screen%20Shot%202015-08-03%20at%201.07.19%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/08/03/Screen%20Shot%202015-08-03%20at%201.07.19%20PM.png" alt=""> 
<div class="page" title="Page 2"> </div>
</div>
</div>
</div>
</div></body></html>

Sydney, Melbourne gross unit rental yields teetering on fall: CoreLogic RP Data

<html><body>
Historically speaking, the performance of last year’s rental market in Melbourne was relatively moderate.
In the last three months of 2014 the median advertised rent for a house in Melbourne increased by a minor 0.3% to $448 per week, the opposite to the -0.3% drop in the unit market.
September’s result is reflective of the broader performance of the rental market over 2014 where low rental growth and low yields persisted.
Over the course of 2014 house rents increased by 2.5% and units increased by 1.9%.
For houses, 2014 was not dissimilar to the past five years. On a annualised basis, rents rose by 2.5% in 2013, 1.3% in 2012, 2.7% in 2011. The only year that recorded a substantially different result was 2010 when rents grew 5.5%.
The unit market recorded similar results.
In many respects the rental market is following the changes in value seen in the ownership market. With the exception of the unit market, the last two years were similar and 2010 saw boom-like conditions.
Similar to the ownership market, the biggest question for 2015 is whether the growth in supply in the unit segment will further moderate advertised rents.
Yields remained low. For both units (4.2%) and houses (3.3%) the yield in Melbourne is the lowest of all capital cities. This does not seem to concern investors who are clearly focused on the longer term prospects for capital gains.
Key facts
<ul>
<li>Median advertised rent for a house in Melbourne $448</li>
<li>Median rent for house rise 2.5% in 2014, units 1.9%</li>
<li>Melbourne yields lowest of all capital cities</li>
</ul>
</body></html>

Rental Yield

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Rental Yield

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News