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

Rural Sale

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The Mount Sugarloaf Vineyard in the Grampians has been sold.
It has been bought by one of Victoria's oldest winemakers, Best's Great Western.
The sale of the <a href="https://www.realestate.com.au/property-viticulture-vic-great+western-7967450" target="_blank">409 hectare estate</a> was reportedly for $5.5 million.
Some 114 ha is under vine growing red grapes under the Hyde Park Wines label.
<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/2019/2/18/Gramp1.jpg" alt="">
Hyde Park Wines is owned by David Wells, Michael Ramsden and Michael Tilley, who planted their initial vineyard in 1997, close to the Seppelt vineyards at Great Western.
It is set a two hour drive from Melbourne.
Founded in 1866 in the Great Western wine region of Victoria, Best's Great Western is one of Australia's oldest continually family owned and operated wineries. 
Best's has only had two owners, the Best family who founded the winery, and the Thomson Family with a fifth generation Thomson is now running the winery.
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j.ballantyne1990-6AQqhLzZaK

Best's Great Western buys Mount Sugarloaf Vineyard in the Grampians

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Thistledown, the Macedon Ranges estate of retired Richmond medical practitioner John Bongiorno, has sold for just over $3 million.
Bongiorno bought the <a href="https://www.realestate.com.au/sold/property-livestock-vic-glenhope-7992090" target="_blank">420 hectare farm in Glenhope</a>, near Kyneton and Lancefield, in 1980. 
He bought the property to give his family a lived experience in a rural environment.
<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/2019/2/4/This3.jpg" alt="">
On the property are two historic bluestone buildings, one being the original homestead of rendered bluestone and timber dating to the 1860s.
The 90 sqm bluestone shearing shed has been fully restored with a corrugated steel roof over the original timber shingles.
There's farm shedding, a silo and a new five bay machinery shed with a set of steel and timber cattle yards. 
<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/2019/2/4/This2.jpg" alt="">
Pat Rice &amp; Hawkins agent Matt Childs sold the Thistledown, along with a neighbouring district block Spring Plains, in conjunction with Martin Skahill at Elders Real Estate Bendigo.
Dr John Bongiorno is a well -known general practitioner who practiced in Bridge Road in Richmond for many years. 
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jrobinson-rf4aSBido9

Glenhope's Thistledown sold

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CBRE has sold 33,000ha of premium rural land fronting the Murrumbidgee River in NSW’s Southern Riverina region in an off-market transaction for the family of businessman Tim Roberts-Thomson.
The two NSW Southern Riverina stations sold in an off-market deal reportedly worth $60 million. 
Juanbung and Boyong stations span 33,000ha of grazing land, which has been used for backgrounding up to 10,000 cattle a year, and has 55km frontage to the Murrumbidgee River. 
It is also home to one of the largest privately owned River Red Gum forests in the world, and accommodates firewood business Juanbung Mill. 
Juanbung and Boyong stations also benefit from a 13,506ML supplementary water entitlement and incorporate the floodplain delta of the Lachlan River, referred to as Great Cumbung Swamp. 
The properties were reportedly bought by a local group. 
CBRE’s Danny Thomas and Aither’s Chris Olszak sold the properties via a walk-in-walk-out basis on behalf of Roberts-Thompson’s TRT Pastoral Group.
Roberts-Thompson advised the sale would allow TRT Pastoral to focus on building its King Island beef business, as well as its other mainland beef breeding operations.
It also owns an aggregation of five properties in North East Victoria, Howquadale Station, 
Boasting 55km frontage to the Murrumbidgee River, Juanbung and Boyong Stations have traditionally been used for backgrounding large numbers of cattle for nearby feedlots (up to 10,000 head per annum). 
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Tim Roberts-Thompson sells 33,000ha in the Southern Riverina 

<html><body><div class="cq-article-content-paras section">
Mt Fyans in the Western District of Victoria is set to be sold for the second time in two years for about $37 million.
The mooted buyers are Ian and Camilla Shippen, sheep farmers from the Riverina.
Harmony Beef and Cattle, a company ultimately owned by the major Chinese group He Sheng, paid $34 million in 2016.
The Shippens are expected to run sheep on the property, integrating it with their operations at Moulamein in the Riverina.
Beef Central reported the selling agent was Robert Claffey at Hamilton-based Kerr &amp; Co Town and Country Real Estate in conjunction with Elders Real Estate.
Negotiating on the buy side was Sam Triggs of Inglis Rural Property.
<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/2018/12/10/Harmony1.jpg" alt="">
The Mt Fyans aggregation covers 5900 hectares amassed over 25 years by the Earl, Keith Rous. 
On its 2016 sale it carried a Black Angus herd of some 2800 breeders and 2000 sheep for prime lamb production.
Harmony had its grazing capacity of <a href="https://haafco.com/photogallery/mount-fyans" target="_blank">close to 10,000 head</a>, indicating there was capacity to expand further.
Its eight bedroom historic homestead was built in the mid-1880s on the back of success of the Geelong brewery.
In 1883 William Cumming commissioned Warrnambool architect Andrew Kerr to design the elaborate homestead, which was completed the following year. An earlier homestead, and woodshed, had featured in a Louis Buvelot painting held by the National Gallery of Australia.
One of the largest farms in the Western district of Victoria, Mt Fyans at Dundonnell was long owned by by the Earl and Countess of Stradbroke.
He left England and his family’s Suffolk estate more than five decades ago to settle in Sydney.
His father was a former Lord Lieutenant of Suffolk and had been private secretary to the Governor of Victoria in 1946-47.
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jchancellor-FAypfDUnLy

Mt Fyans onsold by Chinese group Harmony Beef and Cattle

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Historic Cowra Station, set on the banks of the Murray River in Victoria's far north-west, has been sold having come with price expectations of between $4.5 milllon and $5 million.
Fairfax Media put the sale to an irrigation farmer as between $4.4 million and $4.5 million.
It has a total area of 10,349 acres.
<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/2018/9/17/cowra2.jpg" alt="">
The sale of <a href="https://www.realestate.com.au/sold/property-other-vic-wargan-7737827" target="_blank">Cowra Station</a>, which has 12 kilometres of Murray River frontage, was identified by valuers Herron Todd White as a "noteworthy sale."
"The property had been on the market for many years, waiting for a buyer intending to undertake some form of irrigation development," HTW said.
<div class="cq-article-content-paras section">
<div id="article-inline-ad" class="adWrapper">The Pippins were only the third owners of the property which dates back to the 1860s when it operated as a cattle resting station on route from Queensland to Adelaide.</div>
<div class="adWrapper"> </div>
<div class="adWrapper">It was previously owned by the Crozier family.</div>
</div>
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Historic Cowra Station sold on Murray River

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One of Australia's wealthiest fund managers, the Magellan boss Hamish Douglass seems to think NSW rural property is a sound investment.
He has just spent $1,925,000 on a 40 hectare holding at Moss Vale. Its coincidently called Majellan Park.
It was listed through Hindmarsh + Walsh.
His initial 40 hectare Highlands cattle farm purchase is on the other side of Yarrawa Road, which cost $1.7 million two years ago.
His funds have increased their cash weighting over recent times as he maintains only conservative investors sleep well.
The Neutral Bay based funds manager, who turned 50 last month, is unusually cautious about the global market outlook.
This article was first published in the Saturday Daily Telegraph.
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Magellan boss Hamish Douglass buys NSW Southern Highlands rural property

<html><body><div class="cq-article-content-paras section">
Hassad Australia's Telopea Downs is tipped to have been sold in the largest single farm transaction in Victorian history.
The 47,677ha Telopea Downs Station at Telopea in western Victoria was set to fetch well over $70 million.
The news broke today with Fairfax Media unaware of the details of the buyer.
Telopea Downs was one of the last properties Hassad Australia purchased in 2012.
Hassad purchased the majority of Telopea Downs for more than $35 million and added other land parcels.
Hassad has been selling farms off in the last year, including Kaladbro to the Brinkworth family and more recently Clover Downs to the Zell family for about $27 million.
Last November Hassad Australia announced the sale of 18,000 hectare in three large aggregations — Raby Station in NSW, and Glendale and Ungarra aggregations in South Australia.
Fifteen family operators will be acquiring individual parcels of land from all three aggregations.
Landmark Harcourts agent Phil Rourke, <a href="https://hassad.com.au/raby-stud-nsw/" target="_blank">who sold historic Raby at Warren</a>, confirmed it sold to a consortium of local buyers, who would integrate parts of the 9,782 hectare property into their existing operations.
Hassad Australia also sold a dry land cropping aggregation spanning more than 3,000 hectares in South Australia’s mid-north for $16.2 million. 
Located 29 kilometres north-east of Clare, the Glendale Aggregation is suited to growing wheat, barley, canola, lentils and legumes, as well as grazing livestock. 
 
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Hassad's Telopea Downs offering set for Victorian record

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The Burke family's Brisbane Valley property Stanley House, an 819-hectare rural property with freehold access to the water level of Somerset Dam, has been sold.
It is the first time the property has been offered on the market since its settlement in 1885.
It was listed by Rawdon Briggs and Ben Forrest from Colliers International.
Situated in a prime South East Queensland position, <a href="https://www.realestate.com.au/property-livestock-qld-crossdale-7965486" target="_blank">Stanley House at Stanley Pocket Road, Crossdale</a> includes 698ha freehold and 6.1ha Wivenhoe Dam lease on the banks of Somerset Dam.
<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/2018/7/31/stanley%202.jpg" alt="">
There are also cattle yards that can accommodate up to 300 head and steel horse yards.
It is only 1.5 hours from the Brisbane CBD.
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The Burke family's Stanley House sold in the Brisbane Valley

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Geoff and Dalrae Shaw’s versatile Rockhampton district property Comanche has been sold $15.7 million.
It was bought by the Canberra-based, Rural Fund Management.
<a href="https://www.realestate.com.au/sold/property-mixed+farming-qld-glenroy-7957726" target="_blank">Comanche</a> was marketed by Mark Simpson at Ray White Rural and Ray Taylor at Landmark Harcourts.
Bidding kicked off at $11 million from the eight registered bidders.  
Located in the Glenroy district 86 kilometres west of Rockhampton, the 7599 hectare (18,778 acre) freehold property has a 9 kilometres frontage to the Fitzroy River, with a water allocation.
Comanche country is described as a mixture of frost free softwood, brigalow and belah scrub and alluvial river flats.
Rockhampton has been pinpointed as the FIFO hub for the proposed Adani Carmichael mine.
It is reported that approximately 1,100 FIFO workers are to be located in the Rockhampton region for the two year construction period.
Post construction, this workforce is expected to be reduced to approximately 625.
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Rural Fund Management buy Rockhampton farm Comanche

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Glenbank, a 236-hectare property on Darling Downs has sold for $2.52 million to a local businessman, equating to about $10,640 per hectare.
The prior nearest price for similar size and quality property in the Brookstead area was about $9880 per hectare, Ray White noted.
Ray White Rural Pittsworth's James Croft said there was "exceptional competition" <a href="https://www.realestate.com.au/sold/property-mixed+farming-qld-brookstead-7963674" target="_blank">at the auction</a> after 20 inquiries, 12 inspections and 11 registered bidders.
"The bidding was frenzied," Croft told Fairfax Media.
It was fuelled by commodity prices with sorghum at $400 a tonne and cotton at $600 a bale.
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