Urbis Apartment Essentials National Snapshot 2025 Q4

The Urbis Apartment 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.

Read the full report here.

Snapshot 2025 Q4:  

• The national average price per square metre for new apartments reached nearly $18,000 in Q4, up 16% quarter-on-quarter, reflecting sustained cost pressures in labour, materials and project delivery, compounded by a shift in sales mix toward larger, higher-specification owner-occupier product.
• Owner-occupiers continue to account for the majority of new apartment sales nationally, though the local investor share has risen to 28%, its highest since 2017, with interstate capital concentrated in the Gold Coast, while Brisbane, Melbourne, Perth and Sydney remain owner-occupier led.
• Apartment supply conditions remain critically constrained, pointing to a deepening housing shortage through the second half of the decade unless feasibility, funding and planning conditions improve materially. Presales are the one exception, tracking above average on both volume and project count, indicating buyer demand exists where the right product is on offer.

Get in touch with one of our local, on-the-ground team members today to discuss what’s happening in your market.

Victoria – Mark Dawson and Dylan Gray

New South Wales – Alex Stuart

Queensland – Paul Riga, Monique Ryan and Lynda Campbell

Western Australia – David Cresp