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

Tamarama

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The pioneering fashion retailer Robby Ingham and his wife Sarah have finally sold their Tamarama home.
It comes a year after they moved around the corner where they finished construction of their new home.
The redundant five bedroom home had point blank ocean vista with views back towards beach.
Given its position above the popular coastal walk, the garden on the 440 sqm double block featured a sheltered entertaining area.
There was also  a 25 metre lap pool that spanned the Gaerloch Avenue property.
It had been on the books of Pauline Goodyer of Goodyer Real Estate, with the advertising only coming down earlier this month.
<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/2017/08/21/ingham_0000_i1.jpg.jpg" alt="">
There's been no price sale price indication, by Goodyer who thought it was sold last August when the then $14 million buyer walked away.
It was back in 1994 when Ingham paid $810,000 keener for the offering than film producer Rebel Penfold Russell who stayed instead on the Ben Buckler peninsula at Bondi. 
Ingham bought the adjoining block in 2004 allowing the 2008 home extension renovation.
Ingham, in an early show of entreprenuerial independence from his chicken producing family, opened his first store on Oxford Street in 1983.
His imported designer clothes were soon worn by the fashion set of Sydney. 
After 32 years Ingham decided to shut up shop in 2015, retiring given the trend towards online shopping had dented trade and his joy of face to face customer interaction.
Ingham also owns in Gerringong, a 40-hectare parcel where he's building a retreat with tennis court, pavilion, barn, stables and pool.
This article was first published in the Saturday Telegraph.
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Pioneering fashion retailer Robby Ingham and his wife Sarah finally sell in Tamarama

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The veteran Sydney jockey Glyn Schofield has secured an investment apartment in Tamarama.
The jockey paid $2.3 million for the apartment in the <a href="https://www.realestate.com.au/sold/property-apartment-nsw-tamarama-124474426" target="_blank">newly completed Pertama complex</a>, just 200 metres from the beach.
McGrath Edgecliff agent Simon Exleton sold the home to Schofield, who quickly sought a tenant at $1,500, reflecting a 3.4 percent yield.
Spanning 120 sqm, the apartment has three bedrooms, two bathrooms with a large balcony.
The boutique 10 apartment Pertama building comprises two apartments per floor designed by Marchese Architects.
One of the penthouse's sold for $2.62 million off the plan in 2014.
Schofield has racked up over $50 million in prize money for his owners over his illustrious 16 year career.
His crowning moment came last year when he rode the James Cummings trained outsider Prized Icon to the Group 1 $1.5 million AAMI Victoria Derby victory.
This article first appeared in the Sunday Telegraph.
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Sydney jockey Glyn Schofield buys Tamarama investment

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No one should underestimate how home improvements contribute to Sydney's rising residential prices.
We are going through a renovation boom, with time poor buyers willing to pay extra if the renovation is completed to a high standard.
Rather than undertaking the work themselves, strong demand is being shown by buyers for quality renovations completed, valuers Herron Todd White have advised.
They note the popularity of renovation shows on television, sees more and more people jumping on board.
Channel 7’s The Aussie Property Flippers program recently featured a Tamarama property. The small Fletcher Street two bedroom, one bathroom unit was purchased in early 2016 for $780,000. With a renovation cost of around $80,000, the 58 sq m property sold last December for $1.065 million. 
In Sydney’s CBD a one bedroom, one bathroom unit with car space in a converted heritage Clarence Street building was purchased in early 2016 for $710,000.
After full renovation to a high standard it sold in April for $1.13 million. 
There has been limited flipping within the prestige market but one was in Bellevue Hill where $3.9 million was paid in 2015 and $5.75 million secured recently after what HTW noted was "a good quality cosmetic renovation,. 
Agents says sellers across Sydney who've undertaken very basic renovations are not doing as well as those who undertake more extensive renovations.  
But HTW warn one of the biggest mistakes renovators can make is to over capitalise.
"This is more common in suburbs with lower price points where even minor blowouts in budgets can result in an over capitalisation," their June report advised.
"The best way to ensure this doesn’t occur is look at any examples of the end product that have sold in the local area.
"If sales of renovated properties are within a certain price point it will give you a target and assist your budget to ensure the project will stack up." 
Success was secured at a Smithfield property purchased in original but poor condition in early 2016 for $575,000.
The property was fully renovated, slightly extended and reconfigured to include an additional fourth bedroom and bathroom.
It then sold in March for $860,000.
With the renovation carried out correctly to meet market demand in the area, the success represented a 50 percent value increase in just over 12 months, albeit HTW noted that overall market growth had a big part to play.
The strong market conditions over the past few years has certainly been a major factor in not only the profits made but also lifting the confidence of the people undertaking these renovations. 
There aren't just the flippers of course. 
There have been increased number of frustrated home owners seeking to add value to their current properties rather than upgrading amid the recent price surge and listings shortage.
This article first appeared in the Daily Telegraph.
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jchancellor-FAypfDUnLy

Flipping success across Sydney comes from matching market needs

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Angus Geddes, the founder of investment research publisher and fund manager, Fat Prophets has quietly bought a Tamarama apartment.
He's spent $1.45 million on a three bedroom apartment in the Glenview Court apartment block, which has dominated the hillside for five decades.
It's set to be something of a weekender for Geddes, once the building finally gets its refurbishment overseen by architect Nick Tobias.
Over time McGrath selling agent Simon Exleton has sold more than 10 apartments in the Illawong Avenue block adding he has only had to advertise three given the waiting list to buy into the forlorn looking block.
In 2011 the body corporate gained approval for two penthouses on the eight floor, which when sold for $10 million plus each, are expected to cover the costs of its much-required building upgrade.
When Sydney's most celebrated architect, Harry Seidler, designed Glenview Court in the early 1960s it was a vision of sleek urbanity, with every apartment set to be built over two levels with expansive windows taking advantage of the views over lush parkland to the Pacific Ocean.
But mid-way through construction, the developer ran out of money with Walter Rivkin then buying the project in 1965 but completing the high-rise project at a fraction of the original cost by sacrificing Seidler's design.
Tobias Partners has used Seidler's original drawings for inspiration.
Exleton said everyone is expecting the apartment to have increased in value by between $400,000 and $700,000 each.
Geddes, a Potts Point based stockbroker owns a number of investment properties, but recently advised he didn’t see a lot of value in property at the moment.
"I’m more of a seller than a buyer," he advised.
He owns commercial and residential property investments in Sydney, other states in Australia and New Zealand.
'I apply the same strategies to the property market as I do stocks: it’s a counter-cyclical, contrarian approach.
He invested heavily in commercial property right after the global financial crisis, buying quite a lot of office space in Sydney and then he went heavily into Gold Coast residential property after the property crash.
This article first appeared in the Sunday Telegraph.
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jrobinson-rf4aSBido9

Fund manager Angus Geddes buys Tamarama apartment

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Sydney leads the country not just in home prices, it tops in rents too with Tamarama commanding the highest median rent of $1,725 per week for houses while Dawes Point leads in units with $1,775 pw for units.
Sydney takes all the top 10 spots for highest median rents per week for both houses and units, according to CoreLogic’s Best of the Best 2016 report.
The report’s figures are based on the median across all rental advertisements over the 12 months to September 2016.
<a href="https://www.propertyobserver.com.au/images/2016/12/23/TamaramaTable.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2016/12/23/TamaramaTable.png" alt="">
Property Observer found across a few houses up for rent in Tamarama.
Though at present, we could not find any houses around the median price, here’s two:
A six-bedroom house at <a href="https://www.realestateview.com.au/rental-properties/20-gaerloch-avenue-tamarama-nsw/property-details-rent-residential-10613128/" target="_blank">20 Gaerloch Avenue, Tamarama, NSW 2026</a> (below) is up for rent at $3,200 pw.
The beachfront house is located on Tamarama Beach and overlooks Mackenzies Bay. 
<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/2016/12/23/TamaramaFirst.jpg" alt="">
Another beachfront three-bedroom house on <a href="https://www.rent.com.au/property-house-tamarama-2026-1932842?search_token=41c224798e6d72d289f8581a" target="_blank">Birrell Street, Tamarama, NSW 2026</a> (below) is available for $2,500 per week.
<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/2016/12/23/TamaramaSecond.jpg" alt=""> 
A two-bedroom apartment on Tamarama Beach at <a href="https://www.rent.com.au/property-house-tamarama-2026-2015726?search_token=3121a724df2231da78c36ff3" target="_blank">Wonderland Avenue</a> (main picture) is available to rent for $2,200 p/w.
The fully furnished house has an an entertaining deck with BBQ and al fresco dining.
For units in Dawes Point, the suburb that leads nationally on median rent, Property Observer couldn’t find any apartments that come close to that criteria.
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Tamarama leads all Sydney in highest median rents

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The Tamarama home of former fashion retail pioneer and Ingham Chicken heir Robby Ingham and wife Sarah is back on the market after a collapsed sale.
It was thought to have set a suburb record when it sold in August for close to $14 million, however an expat banker opted not to proceed with the purchase.
Pauline Goodyer at Goodyer Real Estate retains the listing that first went up for sale in April.
It now comes with $14.75 million hopes.
It is a three storey home with five bedrooms and five bathrooms.
<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/2016/12/14/Tamarama.jpg" alt="">
The ground floor features a split level design comprising a kitchen, living room and separate dining room. Each zone opens onto a terrace.
The master retreat with ensuite offers floor to ceiling windows that open onto a private ocean facing balcony.
The lower ground level has a 25 metre lap pool with a gym, family room and a self-contained studio apartment.
The oceanfront reserve Gaerloch Avenue property was redundant as the Inghams had built nearby after demolishing a block of six apartments which cost $14.45 million in 2013.
Ingham is a famous name around the Sydney fashion scene.
Ingham and his siblings received an inheritance from the family chicken business, which was sold to the private equity company TPG Capital in 2013.
This article first appeared in the Daily Telegraph
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Fashionista Robby Ingham relists Tamarama record setter with $14.75 million asking price

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A Tamarama Marine Drive, Tamarama building block has been listed by Marco Rossi, chairman and founder of the construction company Built.
There have been <a href="https://www.realestate.com.au/property-house-nsw-tamarama-123910178" target="_blank">$15 million reported expectations</a>.
Rossi bought the property back in 2007 for $11 million through the Blacket Agency, setting a record for the suburb at the time.
He demolished the existing building and excavated at a cost of around $1 million.
Rossi has since moved to Bellevue Hill's Yoorami with his partner, Stephanie Stokes, as they wanted the family to be closer to schools.
Plans for the five bedroom home include an eight-car garage and a lift from the street frontage.
The plans are estimated to cost another $7 million.
They were designed by internationally renowned <a href="https://wallacecunningham.com/" target="_blank">architect Wallace E. Cunningham</a>.
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Tamarama's trophy home site with plans listed by Built's Marco Rossi

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Richard Norgard, the founder of Jigsaw Capital, and wife, Therese have listed their Tamarama home of 15 years.
The chief executive of the boutique private equity firm had architect William Zuccon designed <a href="https://www.realestate.com.au/property-house-nsw-tamarama-123602862">the Dellview Street house</a>.
There's bespoke joinery throughout the four bedroom, three bathroom house designed by Sally Greenaway.
The home includes a gym, steam room and a swimming pool. There's also a 2500 bottle climate controlled wine cellar.
The buyers' guide for the property is $8.5 million through Pauline Goodyer at Goodyer Real Estate who recently secured the suburb's record sale.
It was when the former fashion retailer Robby Ingham and his wife Sarah sold for shy of $13 million sale for their oceanfront reserve Gaerloch Avenue property.
This article was first published in the Sunday Telegraph.
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William Zuccon-designed Tamarama listing

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Fashion retail pioneer Robby Ingham and his wife Sarah have secured a Tamarama record with a near $14 million sale.
The oceanfront reserve Gaerloch Avenue property tops two $10 million plus sales set on Thompson Street. It included the $11 million acquisition by Marco Rossi, chairman of Built, and his partner Stephanie Stokes in 2008. There was a $10.5 million sale in 2008.
It was sold through Pauline Goodyer at Goodyer Real Estate. There has been no formal price disclosure.
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<div>The Inghams have built nearby having bought another oceanfront reserve, a block of six apartments for $14.45 million in 2013.</div>
 
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Record Tamarama trophy home sale by Robby Ingham

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The recently appointed editor-in-chief of The Australian Women’s Weekly, Kim Doherty (nee Wilson) and her husband, Guardian Australia journalist Ben Doherty secured the pre-auction sale of their Tamarama apartment, as they are trading up in the eastern suburbs.
Listed with an $800,000 to $875,000 guide, Bethwyn Richards of McGrath Estate Agents secured $920,000.
The former editor-in-chief of New Idea - who was also a regular on Sunrise as one of “Kochie’s Angels” - had purchased the Stonehaven apartment in 2007 for $515,000.
She'd undertaken an upgrade of the internal finishes. Its north-facing curved sunroom was converted into a nursery for daughter Molly.
Doherty was named as the new editor-in-chief of AWW in February, taking over from her former boss Helen McCabe.
This article was first published in the Sunday Telegraph.
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