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

Auction

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Over the March 2018 quarter, Melbourne clearance rates fell across six of the nine sub-regions when compared to the previous quarter, while auction activity was lower over the same period.
Clearance rates ranged from 73.5 per cent across the North West, to 60.4 per cent across the inner East, with the largest fall seen across the West, according to CoreLogic.
In terms of auction volumes, CoreLogic noted Melbourne’s Inner region was the busiest spot for auctions this quarter with 1,743 homes taken to auction, followed by the West (1,392) and Inner South (1,249) sub-regions.
Overall, Melbourne’s clearance rate has seen little change over the quarter, increasing by just 0.3 per cent, despite hosting 6,280 fewer auctions than December 2017, however year-on-year, auction activity has increased by 824 auctions, while the clearance rate has fallen 10 per cent.
<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/2018/4/18/melbourne%20auction%20.jpg" alt="">
 
A South Yarra two bedroom apartment sold at auction for $725,000 (pictured below) in February.
<a href="https://www.domain.com.au/real-estate-agent/mark-edwards-1362758/" data-reactid="391"></a>
<a href="https://www.realestate.com.au/sold/property-unit-vic-south+yarra-127471830" target="_blank">Situated at 4/110 Caroline St</a>, the apartment comprises two large bedrooms, designer kitchen, and central bathroom with laundry facilities. 
This property has security entrance and an entrance foyer plus carport on title.
It is close to the Yarra River, Botanical gardens and city.
<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/2018/4/18/south%20yarra.jpg" alt="" style="caret-color: #000000; color: #000000; font-family: -webkit-standard;">
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j.ballantyne1990-6AQqhLzZaK

Melbourne March quarter auction success rate down in six of nine sub-regions: CoreLogic

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A Toorak property with potential for further development has been snapped up by a Melbourne developer at auction for $6.4 million.
The <a href="https://www.realestate.com.au/sold/property-house-vic-toorak-126537138" target="_blank">22 Lansell Road</a> property is a single level residence and was marketed as a redevelop, rebuild or renovate opportunity. According to the selling agents, the property sold at a record land rate.
The selling agents were Teska Carson’s George Takis and Barry Novy, along with RT Edgar’s Jeremy Fox and Tim Wilson.
Located on the corner of Tahara Road and surrounded by some of Melbourne’s most prestigious homes, the property comprises a large, two bedroom, home with library, double lock-up garage and landscaped gardens on a 606 sqm site.
Takis said a redevelopment, including a penthouse elevation, could offer city and bay views.
“This was an extremely strong result, and a superb result for the vendor, reflecting the ongoing strength of the market for properties in exclusive locations,” Takis said
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jonathanchancellor-7SQnKwU6yx

Toorak property sells at record land rate 

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A four-bedroom 1960's property on two adjoining titles at Banksia Park has been listed under instructions from the mortgagee in possession.
It will be auctioned on November 19 by Century 21, with no offers to be considered beforehand. <a href="https://www.realestate.com.au/property-house-sa-banksia+park-126715662" target="_blank">The </a><a href="https://www.realestate.com.au/property-house-sa-banksia+park-126715662" target="_blank">14 Davenport Street property</a> comprises a mostly solid brick dwelling with a large gas heated lounge/dining living area, a good sized kitchen with plenty of cupboards and bench space plus an additional casual living area.
Adjacent to the house block is a separately fenced allotment with garage.
The 1485 square metre site is situated in the leafy foot hills of Banksia Park.
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Banksia Park house to be auctioned under mortgagee sale 

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The home of Bondi Wholefoods, as well as the modern Bondi Beach Apartments complex, is set to hit the market for auction in October.
The listing of <a href="https://www.domain.com.au/building-profile/30a-hastings-parade-north-bondi-nsw-2026" target="_blank">30a Hastings Parade, North Bondi</a> follows last month’s successful sale of a block of eight residential apartments plus retail at 134-138 Campbell Parade for $18.25 million with the rental return of 2.7%.
The beach block will go to auction on October 19.
Positioned in the heart of Bondi’s “Golden Triangle”, on the corner of Hastings Parade and Wairoa Avenue North Bondi, the former Bondi Police Station was redeveloped in 2011 by the local identity, Ash Samadi.
The block consists of seven one, two and three-bedroom apartments and retail space which has been the home of the organic retailer &amp; café, Bondi Wholefoods, since completion.
The listing agents are Colliers International’s Miron Solomons and Matt Pontey along with Alexander Phillips and Anthony Puntigam of Phillips Pantzer Donnelley.
“The tenancy mix of luxury apartments and flagship retail means investors enjoy a balanced portfolio at Australia’s most famous beach,” said Miron Solomons of Colliers. 
Tenancies are long-term leases that expire in March 2021, with further five-year options, generating income of nearly $630,000 p.a.
 
 
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prateek24-ezbwHMbNAk

Another Bondi beachfront block with retail hits the market

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A residential and commercial property at Carlton on the northern edge of Melbourne’s CBD is to be auctioned on May 20 with expectations of $2.25 million to $2.5 million. 
Located at 120 Berkeley Street, the four-level property comprises a ground floor garage/showroom, a second floor open plan office, and a two-bedroom, two level, residence with separate ensuite bathrooms on the third and fourth floors with balconies on each level.
The building was built in 2008 and has an area of 368 sqm, sitting on an 89 sqm site with frontages to both Berkeley Street and a right of way at the rear. The zoning is Capital City Zone.
Teska Carson’s Gideon Marcus is marketing the property. 
Marcus said the property would appeal to both investors and owner‐occupiers due to its inner city location and he expected strong interest from both.
“The property is situated in one of Melbourne’s most successful residential and commercial precincts that benefits from an abundance of first rate amenity and direct linkage into the Melbourne CBD,” said Marcus.
The property will be sold with vacant possession.
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Carlton residential-office property to go under the hammer

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ABC Melbourne radio broadcaster Libbi Gorr and her TV producer partner Stewart Burchmore doubled their money when they secured $3.23 million for their redundant Sydney home at its weekend auction.
<a href="https://www.realestate.com.au/property-house-nsw-north+bondi-125279338" target="_blank">The three bedroom North Bondi auction offering</a>, (above) which has been a $1350 weekly rental earner over the past four years, cost $1,605,000 in 2007.
Phillips Pantzer Donnelley had four bidders - all above the signalled $2.9 million reserve - on the offering which was marketed as as having potential to live in, renovate or completely rebuild.
Gorr, growing up in Murrumbeena, got her big break with Andrew Denton's ABC sports comedy program Live and Sweaty, where her satirical character Elle McFeast emerged in 1991.
By coincidence nearby Glen Huntly saw the nation's cheapest weekend result when <a href="https://www.realestate.com.au/sold/property-apartment-vic-glen+huntly-125226550" target="_blank">a one bedroom apartment</a> (below) sold for $260,000.
<img src="https://www.urban.com.au/images/2017/05/14/Screen%20Shot%202017-05-15%20at%209.09.20%20AM.png" alt="">
Having recently had a makeover, Woodards agent Ruth Roberts got a sale having previously sought unsuccessfully to secure $310,000 when it was scheduled for 2013 auction.
The first floor 131 Grange Road property traded last in 2005 at $175,000. The 44 sqm 1965-built apartment was advertised in 2015 for a $275 a week rental.
Auction markets have remained resilient, with both volumes and the preliminary clearance rate rising week-on-week, according to CoreLogic’s latest report.
The property data firm says that the strong auction results add some complexity to speculation that the housing market is moving through its peak rate of growth.
"At face value, auction markets are continuing to indicate continued strength in selling conditions across Sydney and Melbourne, however it’s harder to know whether vendors are adjusting their reserve pricing in order to clear their property," Corelogic's auction analyst Kevin Brogan said.
Sydney returned to be the capital city with the highest clearance rate - and it also secured the top sale when records fell in Strathfield, with an $8.8 million sale by Sanity boss Ray Itaoui and wife Rachel. 
<a href="https://www.realestate.com.au/property-house-nsw-strathfield-125164754" target="_blank">Their Frank Lloyd-Wright inspired mansion</a> (below) that cost them $5 million in 2010 sold through Georges Ellis &amp; Co agent Joseph Georges.
<img src="https://www.urban.com.au/images/2017/05/14/Screen%20Shot%202017-05-15%20at%209.10.27%20AM.png" alt="">
The suburb record has been set four times in the past year.
There were 2,376 auctions held across the capital cities over the week to Saturday, with a preliminary auction clearance rate of 76.2 percent.
Last week, a final clearance rate of 73 percent was recorded across 1,689 auctions.
It was a better performance that the corresponding period last year, auction volumes were lower at 1,876 properties taken to auction and a clearance rate of 69.5 percent.
Melbourne had the highest number of auctions with 1,092 properties going to market, with a lower preliminary rate of clearance week-on-week at 76.8 percent, down on the 77.5 percent across 792 auctions.
This time last year, 871 properties were taken to auction across Melbourne and a clearance rate of 71.3 per cent was recorded.
Melbourne's top sale was a five bedroom house at Kew that sold for $4.515 million.
The <a href="https://www.realestate.com.au/sold/property-house-vic-kew-125252722" target="_blank">8 Mawson Street</a> (below) property offered through Marshall White agents Mike Beardsley and Scarlett Hang.
<img src="https://www.urban.com.au/images/2017/05/14/Screen%20Shot%202017-05-15%20at%209.11.25%20AM.png" alt="">
Reality TV renovators Joe and Fil sold their Maribyrnong house which was transformed on the Channel 7 show, House Rules.
Listed so they can move on to their next project, the pair had added a fourth bedroom and third bathroom to <a href="https://www.realestate.com.au/property-house-vic-maribyrnong-125216890" target="_blank">the house at 12 Grandview Avenue</a> (below).
<img src="https://www.urban.com.au/images/2017/05/14/Screen%20Shot%202017-05-15%20at%209.12.15%20AM.png" alt="">
Rendina Real Estate, Kensington agent Richard Rending told The Herald Sun prior to auction the buyer interest had been in the vicinity of $1.3 million.
The House Rules contestants Joe and Fil sold for $1.27 million after it was passed in at $1.11 million
In Sydney, 938 auctions were held this week, up from 592 over the previous week, with 700 plus held on Saturday.
The preliminary clearance rate of 79.4 percent was up from 73.8 percent last week.
It was higher than this time last year, when a clearance rate of 76.2 percent was recorded across 647 auctions.
The Northern Beaches region recorded the strongest clearance rate of 91.4 percent across 94 auctions.
There were 127 Brisbane homes taken to auction with the preliminary clearance rate for the city at 61.8 percent, up from 59.6 percent last week and higher than one year ago, when just 49.3 percent of the 151 properties taken to auction were successful.
A three bedroom Brisbane townhouse at Richlands sold for $280,000, making it Brisbane’s most cheapest weekend auction result. It sold at $339,000 on its 2009 completion
Located at 23/20 Kathleen Street, <a href="https://www.realestate.com.au/property-townhouse-qld-richlands-125226690" target="_blank">the Progress Park property</a> (below) was marketed as suitable for investment or first home buyers when offered through MTR Property Group agent Marilyn Thurtell.
<img src="https://www.urban.com.au/images/2017/05/14/Screen%20Shot%202017-05-15%20at%209.16.27%20AM.png" alt="">
Brisbane's dearest sale was a renovated 1910 Nundah house at $2.46 million. The <a href="https://www.realestate.com.au/property-house-qld-nundah-125274330" target="_blank">33 Oxford Street</a> (below) property captures bay breezes and city skyline. The two storey house with pool and tennis court was offered through Ray White having last sold at $1,905,000 in 2009.
<img src="https://www.urban.com.au/images/2017/05/14/Screen%20Shot%202017-05-15%20at%209.17.22%20AM.png" alt="">
Adelaide saw a preliminary clearance rate of 71.8 percent, with 71 reported results across a total of 100 scheduled auctions.
In comparison, over the previous week Adelaide’s clearance rate was 62.5 percent and 66.3 percent one year ago.
A four bedroom house at Trinity Gardens sold for $1.47 million making it Adelaide’s most expensive weekend auction result.
Located at <a href="https://www.realestate.com.au/sold/property-house-sa-trinity+gardens-125273854" target="_blank">115 Ashbrook Avenue</a>, (below) the property sits on a 841 sqm block of land. The 1900 home last traded at $505,000 in 2004.
<img src="https://www.urban.com.au/images/2017/05/14/Screen%20Shot%202017-05-15%20at%209.18.23%20AM.png" alt="">
The property was offered through Klemich Real Estate agent Steve Alexander who had advised $1.25 million expectations.
There were 31 Perth auctions this week and so far 14 results have been reported, with 42.9 percent selling.
Last week there was a 43.8 percent clearance rate for Perth.
Across Canberra a total of 79 auctions were held compared to 58 last week and 52 at the same time last year.
Canberra’s preliminary clearance rate of 75.8 percent is higher than it was the previous week's 64.7 percent.
A modern two-storey house at Deakin sold for $1.694 million making it Canberra’s most expensive weekend auction sale.
Located at <a href="https://www.realestate.com.au/property-house-act-deakin-125275538" target="_blank">13 Newdegate Street</a>, (below) the four bedroom property offered through LJ Hooker who had a $1.5 million price guide.
<img src="https://www.urban.com.au/images/2017/05/14/Screen%20Shot%202017-05-15%20at%209.19.41%20AM.png" alt="">
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Radio's Libbi Gorr doubles money in weekend auction sale

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A further 157 former Mr Fluffy blocks in Canberra are to be sold via auction in March, adding to the 153 remediated blocks already been offered for sale.
The ACT government had in 2015 marked more than 1,000 Canberra homes contaminated by Mr Fluffy asbestos. The list included blocks where potentially hazardous loose-fill asbestos was installed as insulation by the Canberra-based Mr Fluffy company in the 1960s and 1970s.
The first blocks were released in April 2016, and as of February 3, 129 blocks out of the 153 had sold, according to a post in Domain.com.au. 
The 24 remaining blocks are available over the counter at the valuation price.
The blocks to be auctioned in March range from 562 sqm to 2,143 sqm and will be sold through partner agents <a href="https://www.realestate.com.au/agency/civium-property-group-ETPKYK" target="_blank">Civium Property Group</a> and <a href="https://www.independent.com.au" target="_blank">Independent Property Group</a>.
Auctions will take place every week throughout March. The first properties will be auctioned on Tuesday, March 7, when 27 Weston Creek blocks go under the hammer.
Civium Property Group chief executive Doug O’Mara was cited by Domain as saying that there was a high demand from families, downsizers and builders.
“The blocks are in Canberra’s established suburbs and there are some large parcels of land available,” O’Mara said. 
About 100 of these blocks are in Woden and Weston Creek, with the rest spread throughout the inner north, inner south and Belconnen.
Blue ribbon addresses in Griffith, Red Hill, Campbell and Reid are among the properties on offer.
At least 10 former Mr Fluffy blocks have sold for more than $1 million. Three of these were in Griffith and two were in Red Hill.
Large blocks in Campbell, Garran, Hawker and Hughes have also sold for more than $1 million.
Under the Mr Fluffy planning rules, blocks more than 700 sqm can be divided in two and used for two houses. A majority are more than 700 sqm.
Demolitions of the 1,022 houses across 56 Canberra suburbs have been identified as Mr Fluffy homes and demolitions will continue over the next few years.
The resale phase includes a first right of refusal process, which allows the owner to return and rebuild on their remediated block.
An ACT Asbestos Response Taskforce spokeswoman said the public sales would help minimise the overall cost of the scheme and the new homes would help reinvigorate communities.
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More than 150 former Mr Fluffy blocks in Canberra to go under the hammer in March

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The upcoming weekend auction market in Sydney's will be another big test with nearly 700 auctions listed, up from last weekend's 543 according to Domain's Dr Andrew Wilson.
He said nearly 900 homes will be up for auction in Melbourne, nearly double last weekend’s 471 listings, with Melbourne's  west suburban region hosting the most number of auctions on Saturday with 156.
"This is followed by the inner south with 130, the inner city 123, the outer east 115, the inner east significantly higher this weekend with 111, the north east 100, the north 67 and the south east with 63 auctions listed on the weekend.
"The most popular suburb for auctions this weekend in Melbourne is Richmond with 18 followed by Glen Waverley with 16, Northcote and Hawthorn each with 14, Preston 13, St Albans and Craigieburn each with 12 and Mt Waverley and Armadale with 11 auctions each on Saturday.
"The Sydney auction market is now in full swing with a higher proportion of homes from inner suburban, higher-priced regions now looking for buyers.
"The city and east will host the most number of auctions with 108 followed by the upper north shore 98, the inner west 88, the northern beaches 63, the south 58, the lower north 56, the west 47, Canterbury Bankstown 45, the south west 39, the north west 28, the central coast 22 and the Blue Mountains with 1 auction listed for Saturday.
"The most popular suburb for auctions this weekend in Sydney is Randwick with 12 followed by Mosman 11, Manly and St Ives each with 9 and a number of suburbs with 8 auctions listed including Epping, Cronulla, Lindfield and Greenacre."
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Big test for auction numbers this weekend: Andrew Wilson

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A residential block of land at Tangalooma in Queensland will go to auction next month without a reserve.
“It’s a great chance for a buyer to purchase a property for what they see as the real value, rather than the vendor’s perceived value,” said Tony O’Doherty of Ray White East Brisbane, who is marketing the property along with colleague Frank Lombardi.
“The price will be dictated by the market. It could sell on the first bid; if somebody bids just once, it will be sold on January 20.
“For somebody who really wants to be on Tangalooma, there will never be another opportunity like this.”
The 496 square metre vacant block at <a href="https://www.realestate.com.au/property-residential+land-qld-tangalooma-201669330" target="_blank">12 Triton Street</a> is elevated, offering views across Moreton Bay to Brisbane and the North Coast.
Tangalooma is a resort on the west side of Moreton Island, with residential dwellings for its 300-plus population.
Tangalooma is 75 minutes from Brisbane on the ferry.
The offering has plans approved in 2009 for a holiday home.
“The current owners are a couple who purchased the property with their parents to build a holiday home but unfortunate circumstances have forced them to shelve their dreams, making way for someone else to instead see their dream come to life,” O’Doherty said.
He noted that there have been controversial ‘no reserve’ auction campaigns in the past, whereby other agents have misled buyers, with the properties sometimes being passed in at the end of the day and not actually selling, but he said this ‘no reserve’ auction was the real deal.
“In this particular case it means there will be a sale – there’s a 100% guarantee that if there’s a bid the property will be sold,” he said.
The property will be auctioned at 10.30am on Friday, January 20 on Level 26, 111 Eagle Street, Brisbane.
A nearby block at <a href="https://www.barrymyattrealty.com.au/Property/Detail?property_id=426736" target="_blank">10 Triton Street</a> is listed at $199,000.
A three level house at 2 Triton Street is listed at $700,000 plus.
It is marketed as a holiday letting for $3,500 off peak or $5,000 peak per week or as a full time rental at $1,500 per week.
"Plus take advantage of not having to pay stamp duty due to it being an island," <a href="https://www.realestate.com.au/property-house-qld-moreton+island-118029495" target="_blank">listing agent Teri Maguire said</a>.
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No reserve auction for Tangalooma, Moreton Island residential block

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The Nicholas Murray-designed Port Melbourne property auction on the weekend fetched about $400,000 over reserve.
The home at 126 Heath Street sold for $3,705,000 through Greg Hocking Holdsworth who had a price guide of $2.5m plus for the luxury build.
Auction bidding opened at $2.3 million.
It was announced as on the market at $3.3 million.
The <a href="https://www.realestate.com.au/property-house-vic-port+melbourne-124001662">MBAV's Best Custom Home award winner</a> was designed by Nicholas Murray architects and constructed by Hansen Living as the builder's own residence.
It has three bedrooms, two bathrooms, an executive home office, surround sound cinema room and a roof top terrace 
Dual decks surrounding a central swimming pool on the 214 sqm parcel.
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