5 Jun 2023

The Urbis Apartment Market Essentials is the most comprehensive national apartment survey in Australia and the only survey where sales data for apartment projects with 25 or more units is collected at the time of contract rather than at settlement. Our brightest minds analyse the data quarterly to provide you with the latest market activity and future supply pipeline. Discover more apartment trends in our National Apartment Essentials Snapshot.

Snapshot 2023 Q1:

  • Overseas buyers accounted for 14% of sales in Q1 2023, with our data indicating a return in foreign investors.
  • We are now back to pre-Covid levels in terms of median rent following significant falls, particularly in Melbourne and Sydney.
  • Build-to-Rent continues to gain momentum across Australia with a strong pipeline through to 2025.

 

Want to know more? Click on the thumbnail to read the full report.