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

Vaucluse

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A Lippmann Partnership renovation - which was once a fisherman’s cottage - failed to sell at weekend auction.
Marketed as a clever and eco-friendly design, with most materials being recycled, the three bedroom Davies Avenue had $2.5 million hopes through Ballard agent Alan Fettes.
It came with sound-proofed timber panels which created a sleek aesthetic.
A bank of skylights kept the fresh air circulating but closed in wet weather, thanks to sensors.
The two-storey home comes with open gallery like spaces with soaring double-height ceilings.
The extensive use of glass achieves a dramatic light-box effect complemented by unique industrial design elements.
A private courtyard with heated pool and BBQ sit on the 232 square metre grounds.
It is close to Parsley Bay and Gibsons Beach.
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j.ballantyne1990-6AQqhLzZaK

Lippman Partnership-designed Vaucluse house fails to sell

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Occupying a prized 1,005 sqm block, a north facing Vaucluse house with harbour views remains listed for sale. 
The expression of interest campaign closed on Friday.
Sprawling across a double block, with an exceptional 33.5-metre wide street frontage, <a href="https://www.realestate.com.au/property-house-nsw-vaucluse-128393310" target="_blank">the 86 Hopetoun Avenue home</a> features views of Sydney Harbour across a tropical landscape.
<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/2018/6/8/VAUCLUSE%202.jpg" alt="">
The first floor features free-flowing formal and informal living rooms, terraces overlooking the swimming pool, modern kitchen, study, powder room, laundry room and a spacious master suite.
The lower level comes with five bedrooms, three ensuites, an additional family bathroom plus a large private outdoor courtyard garden/outdoor entertaining space with access to the pool.
A self-contained apartment, with independent access, features a kitchenette, bedroom and bathroom. 
<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/2018/6/8/VAUCLUSE%203.jpg" alt="">
Extra features of this home include secure lock garage, cellar and reverse-cycle air-conditioning.
It located within walking distance to Parsley Bay Reserve a popular harbourside beach, historic Vaucluse House, Sydney’s premier schools, and a short stroll of Watsons Bay and Vaucluse villages.
The suburb's median price sits on $4.75 million, according to CoreLogic.
 
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86 Hopetoun Avenue, Vaucluse trophy home remains listed

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Aussie cricketer Nathan Lyon is selling up his Vaucluse investment apartment.
The Test veteran, currently playing cricket in England, paid $1.1 million in 2015.
It is in a 1970s built complex, which he quickly leased for $800 a week, showing an initial yield of 3.78%.
<a href="https://www.realestate.com.au/property-apartment-nsw-vaucluse-128555194" target="_blank">The Diamond Bay Road apartment</a> has been listed by local agent Brad Pillinger who was advising inspects that more than $1.2 million was being sought at its July 3 auction.
Lyon, who holds the record for most Test wickets taken by an Australian off-spinner, made his debut in the Australia Test team in 2011.
The 30 year old from Young in the South West Slopes region of NSW, made an immediate impact on debut, taking a wicket with his first ever Test ball.
He went on to take five for 34 on and became only the 15th Australian bowler to take five wickets in their debut innings.
Lyon was being sledged this week in the UK after the recent ball-tampering scandal in Cape Town.
It was in a warm-up match against Sussex in Hove when walking the sidelines as 12th man Lyons was being queried by English fans if he had sandpaper in his pockets.
“Nah mate, just the Ashes,” Lyon responded.
Lyon began his career as a member of the ground-staff team at the Adelaide Oval after finishing a four-year apprenticeship at the Manuka Oval in Canberra.
Last year Nathan Lyon's split with his longtime Sutherland Shire partner Mel Waring after finding love with Perth-based estate agent Emma McCarthy.
Photos of McCarthy and Lyon kissing in a car before the start of the third Ashes Test in Perth surfaced with the breakdown of the long-term relationship leaving Waring “devastated”.
This article first appeared in The Sunday Telegraph.  
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firstname1-iYD4UYzvBa

Cricket star Nathan Lyon lists Vaucluse investment 

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A Vaucluse five bedroom mansion with harbour views on a 777 sqm block has been listed for sale.
It is offered by Monika Tu and Barbora Marcinkova from Black Diamondz. 
<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/2018/6/4/vaucluse%202.jpg" alt="">
It had last sold at $10.2 million in 2005.
<a href="http://www.blackdiamondz.com.au/listing/459_unrivaled-opulence-in-a-blue-ribbon-setting18954954" target="_blank">Situated at 16 Kings Rd, Vaucluse</a>, the house comes with five double ensuite bedrooms, huge marble kitchen, cinema and established gardens.
<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/2018/6/4/vaucluse%203.jpg" alt="">
Additional features include large swimming pool and spa, underground sauna &amp; bathroom, Lavish bathrooms, dedicated gymnasium, solar panel roof, Wet bar, and ducted reverse a/c. 
<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/2018/6/4/vaucluse%204.jpg" alt="">
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Vaucluse mansion with harbour views for sale

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Designed by celebrated architect F. Glynn Gilling and built circa 1934, a Vaucluse harbourside house with views from both levels has been scheduled for auction on June 5.
It is listed by James Ball and Clint Ballard from Ballard.
<a href="https://www.realestate.com.au/property-house-nsw-vaucluse-128328598" target="_blank">Located at 53 Towns Road</a>, Vaucluse, the lower level features formal and casual living zones onto lush garden, while the upper level features a parent retreat and children's wing.
<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/2018/5/15/vaucluse%202.jpg" alt="">
It comes with six bedrooms, double sized living room, formal dining, home office and library. 
Other features include the home gym, guest powder room, ducted air, underfloor heating.
<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/2018/5/15/vaucluse%203.jpg" alt="">
Set on 1,075 square metres with dual street access and forever views over the city's harbour icons, it is moments to Kincoppal and Kambala Schools, world-class waterfront dining, boutique beaches and harbour villages.
<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/2018/5/15/vaucluse%204.jpg" alt="">
 
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Vaucluse harbourside trophy house to go under the hammer

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Prominent Sydney restaurateur Kingsley Smith and hotelier wife Natasha Stanley secured $8.45 million when their Vaucluse home went to weekend auction.
The busy couple, who own Paddington's historic London Hotel as well as China Diner in Bondi, paid $5.01 million for the home in 2014. 
They left Woollahra where Stanley sold her designer residence for $8.6 million a year earlier.
The Vaucluse property was custom-built by architect Ian Poole for the former owners, US-based expats Dov and Lara Mowszowski.
It has six bedrooms, separate guest accomodation, a study and a heated infinity edge swimming pool amid manicured gardens. 
McGrath Group had a guide of $8 million.
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Restaurateur Kingsley Smith secures Vaucluse sale

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Warren Ginsberg, from Ray White Double Bay, finished last week in a flurry with a trifecta of sales on Friday to seal four contracts in four days to the value of $11.2 million.
A timeless residence at <a id="m_-6465388716788642138LPlnk206200" href="https://maps.google.com/?q=50+Olola+Ave,+Vaucluse&amp;entry=gmail&amp;source=g" target="_blank" data-saferedirecturl="https://www.google.com/url?hl=en&amp;q=https://maps.google.com/?q%3D50%2BOlola%2BAve,%2BVaucluse%26entry%3Dgmail%26source%3Dg&amp;source=gmail&amp;ust=1521758800931000&amp;usg=AFQjCNHU-QvA3-p123qQh9kayfvOYYUydA"> 50 Olola Ave, Vaucluse</a> received significant interest, with 132 enquiries across three weeks (pictured below).
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/23/Original31412505.jpg" alt="">
Ginsberg said he was happy with the quick nature of these premium sales.
“For three out of the four sales last week, the average time on market was 17 days giving confidence the market is still strong,” Ginsberg said.
“We’ve seen double-digit growth for many years now, so it was inevitable a general price decrease was looming, however I’m confident the market can still offer great returns based on the low days on market.”
The Studdy family sold <a id="m_-6465388716788642138LPlnk118069" href="https://maps.google.com/?q=480+Old+South+Head+Rd,+Rose+Bay&amp;entry=gmail&amp;source=g" target="_blank" data-saferedirecturl="https://www.google.com/url?hl=en&amp;q=https://maps.google.com/?q%3D480%2BOld%2BSouth%2BHead%2BRd,%2BRose%2BBay%26entry%3Dgmail%26source%3Dg&amp;source=gmail&amp;ust=1521758800932000&amp;usg=AFQjCNEkuKY4EXKz1Ot9_JBF0gWVsXwvKg"> 480 Old South Head Rd, Rose Bay</a> (pictured below).
 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/23/Original31474663.jpg" alt=""> 
“As a mortgage broker, I’ve seen the average time on market up to 40 days in some instances and for Warren to exchange within half that time and exceed our asking price by 13 per cent is really incredible,” Oliver Studdy said.
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Quick Olola Avenue, Vaucluse sale

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The Vaucluse home of David and Clare Mulham, of the Rich List Roche family, has found a buyer at around $11 million.
Phillips Pantzer Donnelley agent Alexander Phillips was <a href="https://www.realestate.com.au/property/52-coolong-rd-vaucluse-nsw-2030" target="_blank">the Coolong Road </a>buyer.
The daughter of Bill and Imelda Roche bought the five-bedder in 2008 for $9.6 million from Ailsa and Patrick Crammond, managing director of Southern Cross Financial Advisers.
Phillips' Paddington terrace - bought in 2014 for $4.465 million - will be rented out.
<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/2018/2/12/VAUCLUSE%202.jpg" alt="">
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Roche family member sells for $11 million in Vaucluse

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Tracey Bartholomew, the wife of big punter, Sean Bartholomew, has sold their Vaucluse abode.
Around $12 million has been secured through Ray White agent Gavin Rubinstein. It has been bought by Julia Yu, the Pyrmont-based gold mining company director.
It was last sold in 2013 for $8.8 million after being designed by architect Michael Suttor with interiors by Cameron Kimber in 2011.
It came with huge travertine island kitchen, with Gaggenau combiset cooktop, three ovens, two Miele dishwashers, Liebherr twin fridge/freezers, butlers pantry and walk in pantry with dumb waiter to garage.
The three-level residence is on a 1056-square-metre block with a heated pool and gardens by Paul Bangay.
This article was first published in the Saturday Daily Telegraph.
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Punter Sean Bartholomew secures Vaucluse sale

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Phoenix Acres, the harbourfront Vaucluse property belonging to Singapore businessman CK Ow, has stayed in the hotel business, with hotelier Dr Jerry Schwartz and wife Debbie pinpointed as the likely mystery buyers.
The locally based couple, who lived in the next bay along just a kilometre away, are thought to have snapped up the home for around $67 million.
It had hopes of bettering Sydney's $71 million record price.
It was still the second highest price in 2017.
Mr Ow, chairman and chief executive of Singaporean hotel owner and developer Stamford Land Corporation Limited paid $7,0001,000 for the six bedroom home 22 years ago.
Set on 3731 sqm, the home on The Crescent comes with championship tennis court, resort-style pool and an English-style pub.
<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/2018/1/12/pub.jpg" alt="">
<div>In 2003 The Australian wrote his four residences - in Sydney, London, Singapore and New Zealand - all have their own English pub.</div>
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 His taste in cars run to a Ferrari 360 Spider and three chauffeured Rolls-Royces with the OW1 registration.</div>
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 Likened by an easily enraptured The Straits Times of Singapore to American Donald Trump, Ow was described as seeming to be a reclusive poster boy for ostentatious excess. </div>
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<div>Ow says he is selling Vaucluse because he no longer spends much time there.</div>
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"Sadly, I do not spend sufficient time there to enjoy this jewel of a property as my travels take me to many other far reaches of the world."
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“My Vaucluse home is magical and irreplaceable. It is more than just a waterside home. It’s a sea-side resort, self-sufficient with all country club amenities,” Mr Ow said in a statement.
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The Schwartz purchase has seemingly prompted the listing of Loch Maree, their Michael Dysart-designed home that they paid $24 million for in 2014.
The <a href="https://www.realestate.com.au/property-house-nsw-vaucluse-127308342" target="_blank">Loch Maree Place home</a> (below), which has undergone an extensive renovation, now has $32 million hopes.
<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/2018/1/12/loch.jpg" alt="">
It has six bedrooms, 10 bathrooms, separate guest accomodation, home theatre and a rooftop which is accessed by a new high speed glass lift.
There's also a championship tennis court, golf driving range, boat house, boat ramp and harbour front pool on the 2,586 sqm waterfront parcel.
 
 
 
 
 
 
 
 
 
 
 
 
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