<a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> has lodged plans for a $750 million, three-tower mixed-use precinct that would complete the long-running redevelopment of Carlton's former Carlton United Breweries site.

The proposal at <a href="https://www.apartments.com.au/new-apartments/185-195-queensberry-street-carlton-vic-3053">46-78 Bouverie Street and 185-195 Queensberry Street</a> spans a 6,468 sqm site, the last remaining undeveloped parcels within the former brewery's 2007 masterplan.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the development will comprise two purpose-built student accommodation towers and a third build-to-sell apartment tower above a shared commercial podium and basement.

Across the three towers, SP Setia is proposing 606 build-to-sell apartments and 1,499 student accommodation units containing 2,009 beds.

The apartments will sit in the tallest tower, which will rise nearly 200m and 55 storeys. It will become&nbsp;one of the more substantial new build-to-sell apartment projects at the northern edge of Melbourne's CBD.

The apartment mix is weighted toward smaller inner-city product, with 188 studios, 206 one-bedroom apartments, 192 two-bedroom apartments and 20 three-bedroom apartments

<img alt="First look: SP Setia plans three-tower finale for Carlton’s former CUB precinct" data-entity-type="file" data-entity-uuid="8271bc87-1b0a-41b7-ac73-a425ee375261" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/3_2.png?VersionId=G4lw23o90B1boX4k4dj7rdz2ZEajS9wy" />

Part of the precinct will be a large-scale&nbsp;3,684 sqm supermarket and a further 2,198 sqm of speciality retail, creating close to 5,900 sqm of new commercial space within the precinct.

But one of the biggest components of the proposal is what sits between the buildings.

Around 4,650 sqm, or roughly 72 per cent of the site, will be publicly accessible open space, incorporating plazas, pedestrian connections, landscaped laneways and retail spill-out areas.

The ground plane is intended to finally complete pedestrian connections envisaged when the CUB masterplan was first approved nearly two decades ago, stitching together Victoria Street, Queensberry Street, Bouverie Street and Swanston Street through the former brewery precinct.

Urbis said the development would "complete the CUB precinct", with the public realm providing important north-south and east-west connections through what is currently the final undeveloped portion of the masterplanned site.

SP Setia is also exploring a new linear park within the Bouverie Street road reserve, with the concept to be developed further with the City of Melbourne through the planning process.

The proposal is being pursued through the Victorian Government's Development Facilitation Program under Clause 53.23 for significant residential development with affordable housing.

The planning report acknowledges the proposed heights exceed those contemplated under the original Comprehensive Development Plan and masterplan, but argues the built-form context has changed considerably over the past two decades.

Urbis said the three towers would instead create a stepped transition between Carlton and the Hoddle Grid, rising progressively from the 94.1-metre Tower One along the Queensberry Street edge to the 199.44-metre Tower Three closer to the established CBD-scale buildings to the south.

<img alt="SP Setia" data-entity-type="file" data-entity-uuid="e885a07a-592c-40fc-bf82-e6dbaf32da54" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.52.24%E2%80%AFAM.png?VersionId=7s_ErUkSKAdY1mAWp3GRZgMNCGtwhk5m" />

SP Setia plans to deliver the development across three stages.

Stage One would deliver the basement, podium and retail areas for the entire precinct alongside the first student tower. Tower Two would follow in Stage Two, before the 606-apartment Tower Three is delivered as the final stage.

If approved and delivered, the project would close out a redevelopment process that has been underway since the former brewery masterplan was approved in 2007, adding more than 2,600 student beds and apartments to a precinct already home to Swanston Central, the Barak Building, RMIT Design Hub and several large student accommodation developments.

&nbsp;

&nbsp;

Joel Robinson

SP Setia plans three-tower finale for Carlton’s former CUB precinct

Melbourne developer Lowe Living is seeking to add to its growing bayside apartment pipeline, filing plans for a boutique eight-residence development in tightly held Middle Park.

Lowe Living, which has built much of its development portfolio across Melbourne's affluent bayside and south-east suburbs, is behind the plans for the 730 sqm site at <a href="https://www.apartments.com.au/new-apartments/123-125-erskine-street-middle-park-vic-3206">123-125 Erskine Street</a>, just off Armstrong Street and within the Armstrong Street Neighbourhood Activity Centre.

The developer is seeking approval for a five-storey residential building above two basement levels, with just eight large-format apartments and 18 car spaces.

“This is a deliberately very different proposition for us,"&nbsp;Tim Lowe, Co-Founder of Lowe Living, said.

"Eight residences is exceptionally boutique, but that's precisely what this site calls for.

“There is a strong community in Middle Park and the surrounding suburbs who have spent decades building a life here. They no longer want the maintenance of a large period home, but they aren't prepared to compromise on space, quality or location. We think there is a real opportunity to capture that hyper local market. A site like this rarely comes to market.”

<img alt="Lowe " data-entity-type="file" data-entity-uuid="875fe572-0f14-4d90-9e11-55b28dd07731" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.42.49%E2%80%AFAM.png?VersionId=GDNQRv9BfpR9r1zkZ5UDyUM4ZvpIksut" />

The low-density proposal has been designed by Cera Stribley and is being progressed through the Victorian Government's Great Design Fast Track pathway, having already secured eligibility from the Minister for Planning.

The Office of the Victorian Government Architect supported its eligibility after finding the proposal demonstrated consistency with the program's seven design principles, while the project's financial feasibility has also been independently confirmed by Invest Victoria.

The project is targeting the downsizer market, with the planning documents describing the homes as larger-format residences and noting the two penthouses could otherwise have been configured as four separate apartments.

<img alt="Lowe 2" data-entity-type="file" data-entity-uuid="60ab0987-2da6-4175-adac-315dcf6053c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.15%E2%80%AFAM.png?VersionId=bOCPH0B2MFwlmaRW.TTCF9TzyifgVoQI" />

The site has dual frontage to Erskine Street and Canterbury Place and currently comprises a collection of commercial buildings used as offices, including a former heritage bakehouse, a former stable, a later gabled addition and a central courtyard.

It sits within the Commercial 1 Zone and the Armstrong Street Commercial Precinct heritage overlay, with the existing property classified as a contributory heritage place.

Heritage has subsequently played a significant role in Cera Stribley's design.

The front section of the former bakehouse facing Erskine Street will be retained, including its return walls, street-facing hipped roof and chimneys, while the Erskine Street façade and part of the western return wall of the former stable will also be incorporated into the new development.

Levels four and five will be set back five metres from the retained stable façade, while bricks removed through demolition are proposed to be salvaged and reused within the new building where possible.

<img alt="Lowe 3" data-entity-type="file" data-entity-uuid="e97927a9-a2de-4a0f-83b6-65451238abfa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.06%E2%80%AFAM.png?VersionId=VR44AChLrX9q1XPB9GvVQV.ALXXbe4gC" />

Rather than presenting as a single five-storey building to Erskine Street, Cera Stribley has broken the development into a series of distinct forms.

A three-storey infill element will sit between the retained bakehouse and stable façades, with the upper levels recessed behind the heritage fabric. Canterbury Place will similarly feature two three-storey podium forms, separated by a central pedestrian accessway, before the upper two levels step back from the street.

A pedestrian through-link will run through the centre of the project between Erskine Street and Canterbury Place, creating entrances from both sides of the site and introducing landscaping and communal areas through the ground plane.

Landscape architect Acre has designed planting across the ground level, private terraces and upper levels, including a feature canopy tree at level three and integrated planting and arbours across the level four terraces. Five existing Erskine Street trees are proposed to be retained.

Sustainability is also a significant component of the Great Design Fast Track application. The apartments are targeting an average eight-star NatHERS rating, with no residence below 6.5 stars, while the project has achieved a 75 per cent BESS score. Seven of the eight apartments are designed for cross-ventilation, with the remaining residence using mechanically assisted natural ventilation.

The plans also incorporate an 8kWp rooftop solar system, a 5,000-litre rainwater tank and infrastructure allowing future electric vehicle charging for every residence.

Lowe has a strong portfolio across Melbourne's blue-chip suburbs. They recently launched <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House by Lowe Living</a> in Camberwell, their first development in the Stonnington LGA.

Lowe Living unveils Middle Park apartment development

Article summary

<ul data-end="888" data-start="289">
	<li data-end="442" data-section-id="8tsh6o" data-start="289">DVB Projects is preparing to launch its second Gold Coast apartment development, with demolition now underway at 137 Old Burleigh Road, Broadbeach.</li>
	<li data-end="573" data-section-id="1nyxl3e" data-start="443">The 34-level tower will comprise just 49 ultra-luxury residences, including half-floor, full-floor and penthouse apartments.</li>
	<li data-end="717" data-section-id="oiyimj" data-start="574">The launch follows strong demand at DVB's nearby Sea Glass project, which is more than 50 per cent sold and currently under construction.</li>
	<li data-end="888" data-section-id="epk9o9" data-start="718">The development adds to the transformation of Old Burleigh Road, with premium beachfront apartment projects continuing to reshape the tightly held Broadbeach strip.</li>
</ul>

<a href="https://www.apartments.com.au/developers/dvb-projects">DVB Projects</a> is preparing to launch its second Gold Coast apartment development, with demolition now underway on the Broadbeach site as the Sydney developer moves closer to bringing the ultra-luxury project to market.

The 34-level tower at <a href="https://www.apartments.com.au/new-apartments/137-old-burleigh-road-broadbeach-qld-4218">137 Old Burleigh Road</a> will comprise just 49 residences, ranging from half-floor apartments through to full-floor homes and a penthouse. The launch follows the strong sales performance of DVB's nearby Sea Glass development. More than half of the apartments at Sea Glass, on the other side of Broadbeach, have been snapped up, well ahead of its late 2027 completion

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="2944b4be-c84e-4b54-8dc1-c712e76704c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E02_Exterior_Street%20Level%20Entrance.jpg?VersionId=YoNig7pRdrE3HCue7sUj78LzJteeQf3H" />

The start of demolition at 137 Old Burleigh Road signals DVB Projects’ underlying confidence in the Gold Coast’s luxury beachside apartment sector.

“We see the Gold Coast as one of the most compelling lifestyle markets in Australia, particularly at the premium end where demand continues to deepen,” said Dean Brown, Managing Director of DVB.&nbsp;

“This project has been carefully designed to respond to that demand - delivering large-format residences with a level of quality, privacy and amenity that is still relatively rare in the apartment market on the beachside."

Brown says the site itself is "exceptional."

"Old Burleigh Road is one of the most tightly held beachfront strips, and opportunities to deliver a project of this scale and calibre in this location are extremely limited.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="398f377a-c037-455e-9250-0c5e0d84c35b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/I12_FF%20Balcony.jpg?VersionId=NwOiRWGMubR1c8wthuEfggklcja7al9." />

The project will comprise 40 half-floor residences of approximately 260 sqm, alongside eight full-floor residences spanning around 524 sqm.

A single penthouse will crown the building, featuring a private pool, barbecue area, indoor gym and dedicated entertaining spaces.

Residents will have access to a resort-style suite of amenities, including a 20-metre pool with daybeds, a gymnasium, hot and cold plunge pools, a sauna, and private residents’ lounge and dining facilities.

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="d1642bb0-9a66-4427-a022-dfc0988c6287" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A02_Pool%20to%20View.jpg?VersionId=c0IXPyn_Gp_Kn3XCwzMrqIVkAdCEwVXP" />

Sales agent Todd Matheson, of <a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a>, which is marketing both 137 Old Burleigh Road and Sea Glass, said 137 Old Burleigh Road would address a clear gap in the market for genuine luxury products.

“There are very few opportunities on the Gold Coast where buyers can secure a residence of this size and quality in a new building,” Matheson said.

“What we’re seeing is a growing cohort of downsizers and interstate buyers who still want space - they’re not willing to compromise on living area, entertaining or finishes.

“This project has been designed with that buyer in mind. It offers the scale of a home, combined with the convenience and security of apartment living, in one of the coast’s most desirable positions.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="59aae0ca-5639-4320-8aca-d0bf60f48e43" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E01_Exterior%20Hero.jpg?VersionId=DS8Zfy2WtgUEtdfe0TEUuf1W1GfcZq8S" />

Located on a 1,156 sqm site one block from the beachfront, the development will replace an ageing walk-up building and is expected to contribute to the ongoing transformation of the Old Burleigh Road strip into one of the Gold Coast’s most prestigious residential corridors.

With the development moving into the delivery phase, 137 Old Burleigh Road is slated to hit the market later this year.

[smartcode_project_cta:default project_id=145141]

DVB Projects to launch second Broadbeach apartment tower as demolition commences

<a data-end="327" data-is-only-node="" data-start="250" href="https://www.apartments.com.au/developers/norus-projects" rel="noopener" target="_new">Norus Developments</a> has lodged plans for a new apartment development in Clayton that would add further momentum to the suburb's emerging Green Street corridor.

Plans have been lodged for the consolidated site at <a href="https://www.apartments.com.au/new-apartments/1359-1365-centre-road-clayton-vic-3168">1359-1365 Centre Road</a>, where Norus is seeking approval for 218 apartments across a 12-storey apartment building designed by <a href="https://www.apartments.com.au/architects/life-architecture-and-urban-design">Life Architecture</a>.

The proposal sits within the Clayton Major Activity Centre at the threshold of the planned Green Street corridor, a landscaped pedestrian connection intended to improve links through the precinct towards Clayton Railway Station.

The development would replace the site's existing collection of low-scale residential and commercial buildings with a single consolidated building, introducing significantly greater housing density to this part of Centre Road.

A retail tenancy is proposed at ground level to activate the Centre Road frontage, accompanied by transparent street interfaces and landscaping intended to create a more pedestrian-focused edge to the development.

<img alt="First look: Norus Developments plans landscape-led apartment project for Clayton’s emerging Green Street" data-entity-type="file" data-entity-uuid="0a5a763a-d9e9-4253-af2f-88008de27ebf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Clayton%20a.png?VersionId=S2WJJbat1XVkZwB9SnYtygirXgWHiklX" />

The building has been designed with stepped massing and upper-level setbacks to manage its transition towards surrounding residential properties. The planning report describes the approach as one that integrates the building into the landscape rather than treating landscaping as a secondary element.

"A strong landscape and public realm strategy underpins the proposal," Urbis states in the planning report.

"Public benefits include an affordable housing contribution, a new pocket park, generous landscaped setbacks, deep soil planting and integrated Water Sensitive Urban Design."

The report adds that these elements are intended to create "a permeable, pedestrian-focused ground plane that enhances walkability, supports urban cooling and reinforces the emerging Green Street character."

Biophilic and passive design principles extend through the residential levels, with planting, daylight, natural ventilation and views towards landscaped areas forming part of the amenity strategy.

Parking would be concentrated away from the public realm, with 145 car spaces proposed from the rear laneway rather than dominating the Centre Road frontage.

The proposal follows an extensive pre-application process with the City of Monash. Three formal meetings were held between the project team and Council from December 2025 to March 2026, with the scheme evolving through several concept iterations before the current design was lodged.

The project arrives as Clayton prepares for substantial change around its established activity centre and the wider Suburban Rail Loop precinct. Its position on Centre Road places the development within an existing concentration of shops, services and public transport, while the Green Street connection is intended to strengthen pedestrian access towards Clayton Railway Station.

First look: Norus plans landscape-led apartment project for Clayton’s emerging Green Street

<a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> has officially commenced construction on Bronze on Chevron, celebrating the sod turning of its first-ever Gold Coast development and marking a significant milestone in the company's continued expansion across South East Queensland.&nbsp;

Following the successful delivery of premium residential developments throughout Brisbane and the Sunshine Coast, <a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-chevron-island-qld-4217">Bronze on Chevron</a> represents Gardner Vaughan Group's entry into the Gold Coast market. Bronze will deliver 119 one, two, three and four-bedroom apartments above two ground-level retail tenancies.

[smartcode_project:default project_id=107520 project_image_fid=367193]

The recent sod turning ceremony was attended by Deputy Mayor Mark Hammel, President of the Surfers Paradise Surf Life Saving Club, Cassandra Sedgman, project consultants, purchasers, project partners and invited guests to celebrate the commencement of construction.&nbsp;

Gardner Vaughan Group Chief Executive Officer Simon Betteridge said Bronze on Chevron represented an exciting new chapter for the business.&nbsp;

"We've spent almost four decades building homes that respond to the way people want to live, and we're excited to bring that experience to <a href="https://www.apartments.com.au/developments/chevron-island-qld-4217">Chevron Island</a>," Betteridge said.

"Bronze on Chevron is particularly significant because it marks Gardner Vaughan Group's first development on the Gold Coast following many successful projects across Brisbane and the Sunshine Coast."

[smartcode_project:default project_id=107520 project_image_fid=367183]

Betteridge said the ground breaking is a proud moment for the&nbsp;team and their purchasers, who can now see their future homes beginning to take shape.&nbsp;

"As both developer and builder, we're able to oversee every aspect of the project from design through to construction, ensuring the quality and attention to detail Gardner Vaughan Group has become renowned for."&nbsp;

Designed by acclaimed architectural practice <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, Bronze on Chevron has been thoughtfully designed to complement Chevron Island's evolving streetscape while embracing its relaxed coastal lifestyle.

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029.&nbsp;

[smartcode_project_cta:default project_id=107520]

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029

Gardner Vaughan Group breaks ground on first Gold Coast development, Bronze on Chevron

Auctions

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The May 31 Ray White commercial auction day will take on a regional theme with hotels from Wollongong, Maitland and Picton coming to market.
Blake Edwards from Ray White said the major regional markets are hot spots for hospitality investors seeking yield in growing economies.
"Last year we sold a hotel in Maitland to a very experienced Sydney hotel group for a record Hunter Region price of around $11 million and I think it caused the industry to re-evaluate where there might be better opportunities in the market place," he said.
"Particularly given the quality of the offerings we are showcasing at our May 31 auctions in the form of Maitland CBD's outstanding Belmore Hotel.
"The fact is that a similar quality hotel in Sydney would sell for considerably more than the market price for the Belmore Hotel, and investors are awake to the opportunity to place equity in an investment underpinned by commercial property and strong gaming revenues at more attractive returns," he said.
<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/2017/05/03/Belmore%20Aerial.jpg" alt="" style="font-size: 12.16px;">
Also being sold at the Ray White Auction Day is Wollongong's Unanderra Hotel, which is situated on a 3700 sqm land parcel.
Daniel Dragicevich of CBRE said the recent hotel renovation has attracted a new level of patronage to the offering.
"Hotels in close proximity to large, successful Registered Clubs often do very well; particularly in respect of gaming revenues,where the Unanderra Hotel has recently attributed some strategic capital to," he said.
Andrew Jolliffe, director, Ray White Asia Pacific said recent sales are strong evidence of market health.
"With our catalogue of recent on and off market sales over the past 12 months containing several category sale price records, it is not difficult to draw confidence from our strong transactional dealings," he said.
“We’re a business with international representation via a 1000 office network, hence our market receptors are able to provide us with real-time connectivity to the pulse and strength of various commercial property asset classes; and both recent and immediate future sales we are due to announce will underwrite our continued confidence in the sector."
Also being auctioned on 31 May 2017 are several high quality commercial properties, with Head of Ray White Commercial Jeff Moxham tipping the level of interest on the day to be very high.
"Auctions are at the very core of this company's DNA, and have been for over 100 years; accordingly our strategic auction process has seen outstanding results achieved for our valued client base," he said.
"When managed properly, there really is no substitute for this method of sale, and our recent results both in terms of prices enjoyed and clearance rates achieved, bears clear testimony to the high regard and level of confidence in which we hold our strategic auction process" Moxham commented.
Also being auctioned by Ray White's Blake Edwards on 31 May is the George IV Hotel in Sydney's satellite suburb of Picton.
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j.ballantyne1990-6AQqhLzZaK

Regional hotels at Ray White's May auction day

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Preliminary clearance rate strengthened after last week saw the final clearance rate fall below 70 per cent, according to CoreLogic’s latest report.
The property data firm says that the combined capital city preliminary clearance rate rose to 76.9 per cent this week, increasing from last week, when final results saw the clearance rate fall to 69.8 per cent after 10 consecutive weeks remaining in the mid-70 per cent range.
<a href="https://www.propertyobserver.com.au/images/2017/05/01/Screen%20Shot%202017-05-01%20at%2010.59.40%20am.jpg" target="_blank">Click to enlarge</a>
<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/2017/05/01/Screen%20Shot%202017-05-01%20at%2010.59.40%20am.jpg" alt="">
The rebound in the preliminary clearance rate has occurred against a backdrop of higher auction volumes, with 2,347 properties taken to auction across the combined capital cities, up from last week’s 1,751, however lower than one year ago (2,675).
The higher clearance rate and increase in volumes this week were attributable to stronger results across the two larger auction markets of Melbourne and Sydney, with performance across the remaining capitals remaining varied over the week.
<a href="https://www.propertyobserver.com.au/images/2017/05/01/Screen%20Shot%202017-05-01%20at%2010.59.49%20am.jpg" target="_blank">Click to enlarge</a>
<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/2017/05/01/Screen%20Shot%202017-05-01%20at%2010.59.49%20am.jpg" alt="">
Considering the slowdown in auction markets over previous weeks as well as widespread speculation that the housing market is moving through its peak, the final auction clearance rate, published by CoreLogic on Thursday, will be an important follow up to this strong preliminary result.
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April auction clearance rate bounces back: CoreLogic

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Sydney's auction market recorded boom-time results over the weekend according to Domain's Dr Andrew Wilson.
He said Sydney recorded a strong clearance rate of 80.3 percent over the last weekend in April, significantly higher than the 73.7 percent recorded over the same weekend last year.
"Sydney has now recorded clearance rates above 80 percent on nine of the 13 weekends since February, with Easter and school holidays attributed to outlier lower weekends. 
"The booming northern beaches recorded the highest regional clearance rate at the weekend with another remarkable 93.3 percent result.
"Next highest was Canterbury Bankstown at 87.8 percent followed by the south with 87.1 percent, the north-west with 82.6 percent, the inner-west and the lower north each with 79.5 percent.
"The city and east regions both recorded 78.4 percent followed by the south-west with 76.2 percent, the upper north shore and the west each with 75 percent and the central coast with a clearance rate of 50 percent.
"Melbourne’s hot property market recorded a strong result for sellers at the weekend, refocusing after the lengthy holiday breaks of the past month.
"Saturday’s clearance rate of 81.7 percent was the second-highest recorded for the year so far, higher than the previous weekend’s 79.5 percent and well ahead of the 75 percent recorded over the same weekend last year.
"In February Melbourne recorded a whopping clearance rate of 82.7 percent, which is yet to be topped. Since then auction clearance rates have averaged 79.9 per cent, providing sellers with plenty of confidence."
 
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jonathanchancellor-7SQnKwU6yx

Weekend auction results back to full swing in Sydney, Melbourne: Andrew Wilson

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A beachfront esplanade terrace at Middle Park was the nation's top sale of a weekend auction listing at $5 million plus.
<a href="https://www.realestate.com.au/property-house-vic-middle+park-125172066" target="_blank">The Beaconsfield Parade terrace</a> (above) - formerly owned by Collingwood player Nathan Buckley - sold shortly after being passed in without bid.
Its subsequent sale - at an undisclosed price - matched expectations held by Cayzer agent Michael Szulc for the three bedroom modernised terrace.
It was sold by Buckley for $3.6 million in 2007 when the now Collingwood coach and his wife Tania moved to their $3.93 million Toorak home.
It had traded at $1.38 million in 2001.
The weekend's big sale came Friday night when after three years of marketing $70 million was paid for the Double Bay harbourfront, Elaine.
After 126 years of ownership by the Fairfax media dynasty, it was bought by software tech billionaire Scott Farquhar.
The combined national capital city preliminary clearance rate bounced back to sit at 76.9 percent this weekend, increasing from last weekend, when final results saw the clearance rate fall to 69.8 percent after 10 consecutive weeks remaining in the mid-70 percent range.
The rebound in the preliminary clearance rate has occurred against a backdrop of higher auction volumes, with 2,347 properties taken to auction across the combined capital cities, up from last week’s 1,751, however lower than one year ago (2,675) given fewer auction offering in most of the capital cities.
Kevin Brogan, auction analyst at CoreLogic said the higher clearance rate and increase in volumes this week were attributable to stronger results across the two larger auction markets of Melbourne and Sydney, with performance across the remaining capitals remaining varied over the week.
Across Melbourne, 79.9 percent of the 1,087 reported auctions sold.
There were 1,232 auctions held, rising from 828 last weekend when the final auction clearance rate was 75.2 percent.
The inner region of Melbourne had a preliminary clearance rate of 75.1 percent with the strongest results at the North East region and North West region, with 88.4 percent and 82.9 percent of auctions clearing respectively. 
<div class="story-intro">
The creative duo, Round the Twist creator Paul Jennings and his actor partner Mary-Anne Fahey secured the pre-auction sale of their St Kilda pad. 
<img src="https://www.urban.com.au/images/2017/05/01/Screen%20Shot%202017-05-01%20at%208.43.09%20AM.png" alt="">
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<a href="https://www.realestate.com.au/sold/property-house-vic-st+kilda-125096482" target="_blank">The four-bedroom Acland Street semi </a>(above) sold for an undisclosed sum between its $1.9 million to $2.09 million price guidance through Whitefox agent Brad Ward.
It traded at $1.55 million in 2013 when bought by the couple who are spending the majority of their time in Warrnambool.
Jennings has sold more than 8.9 million books, including The Cabbage Patch Fib while Fahey is best known for her The Comedy Company character Kylie Mole.
The retired North Melbourne defender Michael Firrito and wife Bonnie, who are upsizing, sold in Ascot Vale.
<img src="https://www.urban.com.au/images/2017/05/01/Screen%20Shot%202017-05-01%20at%208.44.21%20AM.png" alt="">
<a href="https://www.realestate.com.au/property-house-vic-ascot+vale-125093838" target="_blank">The four bedroom Kent Street semi</a> (above) fetched $1,316,500 through AlexKarbon agent Charles Bongiovanni who advised The Herald Sun that the reserve was about $1.28 million. It was bought in 2011 at $760,000.
In Sydney, 804 properties were taken to auction with a preliminary clearance rate of 78.4 percent, increasing from last weekend when the final clearance rate for the city was 72.4 percent, across 596 auctions.
One year ago, 818 Sydney homes were taken to auction and the clearance rate was 71.7 percent. 
<img src="https://www.urban.com.au/images/2017/05/01/Screen%20Shot%202017-05-01%20at%208.45.44%20AM.png" alt="">
A Strathfield offering saw the inner west suburb top the Sydney auction results for consecutive weekends. <a href="https://www.realestate.com.au/property-house-nsw-strathfield-125101794" target="_blank">The $4.75 million Newton Road Strathfield sale</a> (above) was just six kms away from Sydney's cheapest, when <a href="https://www.realestate.com.au/sold/property-studio-nsw-ashfield-125151206" target="_blank">an Ashfield studio apartment</a> (below) sold pre-auction at $295,000. The $305 a week Ashfield rental last sold in 1995 at $65,000.
<img src="https://www.urban.com.au/images/2017/05/01/Screen%20Shot%202017-05-01%20at%208.46.51%20AM.png" alt="">
The eastern suburbs region, where 40 results have been reported so far, saw a 75 percent preliminary clearance rate.
The strongest regions were the Inner South West at 88 percent and Baulkham Hills and Hawkesbury at 84.2 percent. 
Brisbane was host to 124 auctions this week and so far 87 results have been reported, with 56.3 percent sold. A $990,000 sale was its top reported result when a three bedroom Coorparoo house sold. There were many prices withheld from publication.
<img src="https://www.urban.com.au/images/2017/05/01/Screen%20Shot%202017-05-01%20at%208.47.59%20AM.png" alt="">
The $990,000 top sale was<a href="https://www.realestate.com.au/property-house-qld-coorparoo-125145146" target="_blank"> a bungalow</a> (above) last sold in 1949.
Last weekend, Brisbane auction volumes across the city were higher with 134 auctions held across the city and a 44.3 percent clearance rate recorded. 
This week, Adelaide saw a preliminary clearance rate of 65.4 percent, with 52 reported results across a total of 82 scheduled auctions. Over the previous week Adelaide’s clearance rate was 58.2 percent and 61 percent one year ago. 
<img src="https://www.urban.com.au/images/2017/05/01/Screen%20Shot%202017-05-01%20at%208.49.08%20AM.png" alt="">
Adelaide has the nation's cheapest result when <a href="https://www.realestate.com.au/property-house-sa-salisbury+east-125139414" target="_blank">a three bedroom 1970s Andrew Avenue, Salisbury East brick home </a>(above) sold for $253,000. It last sold at $80,000 in 1995. The price guidance had been $210,000 plus through Harcourts Brock Williams.
In Perth, 33 auctions took place, with Perth’s preliminary clearance rate of 53.8 percent across the 13 reported results. 
<img src="https://www.urban.com.au/images/2017/05/01/Screen%20Shot%202017-05-01%20at%208.50.32%20AM.png" alt="">
Canberra’s preliminary auction clearance rate of 67.9 percent was lower than the 69.4 percent recorded last weekend. Evatt was the busiest suburb with three results including <a href="https://www.domain.com.au/16-60-copland-drive-evatt-act-2617-2013506730" target="_blank">a $490,000 three bedroom 1995 townhouse</a> (above) which last sold at $392,500 in 2011.
Tasmania saw 10 auctions take place and with nine results have been reported so far, there have been six sales.
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Beachfront Middle Park terrace nation's top weekend sale

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Capital city auction clearance rates were at their lowest level last week in 11 weeks, according to CoreLogic’s latest report.
The property data firm says that last week’s auction clearance rate was recorded at 69.8 percent from 1,751 auctions compared to a clearance rate of 73.9 percent from 493 auctions over the week of Easter.
CoreLogic collected results for 88.7 percent of all auctions held.
In Melbourne there were 828 auctions last week with a clearance rate of 75.2 percent.
Volumes were higher than the 102 the previous week while clearance rates were much lower than the 81.3 percent the previous week.
<a href="https://www.propertyobserver.com.au/images/2017/04/27/Screen%20Shot%202017-04-27%20at%2011.09.48%20am.jpg" target="_blank">Click to enlarge</a>
<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/2017/04/27/Screen%20Shot%202017-04-27%20at%2011.09.48%20am.jpg" alt="">
Last week’s auction clearance rate for Melbourne was the lowest so far this year.
Sydney’s auction clearance rate last week was 72.4% from 519 auctions compared to 77% from 279 auctions over the previous week.
Sydney’s auction clearance rate last week was the second lowest of this year.
Brisbane and Tasmania were the only regions that recorded higher clearance rates over the last week.
Over the 28 days to April 23 there were 42,128 newly advertised properties for sale nationally and 231,167 total properties for sale.
The number of newly advertised properties for sale rose over the past week while total stock was lower.
Compared to volumes a year ago, newly advertised housing stock is 0.3% higher while total advertised stock is -3.2% lower.
<a href="https://www.propertyobserver.com.au/images/2017/04/27/Screen%20Shot%202017-04-27%20at%2011.09.58%20am.jpg" target="_blank">Click to enlarge</a>
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Across the combined capital cities there were 25,171 newly advertised properties for sale which were higher over the week and -4.1 percent lower than a year ago.
The only capital cities in which the number of newly advertised properties is higher over the year were: Sydney, Hobart and Canberra.
Over the past 28 days there were 105,364 total properties advertised for sale across the combined capital cities which was lower over the week and unchanged over the year.
Melbourne, Hobart and Darwin were the only capital cities to have fewer total properties advertised for sale compared to a year ago.
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National auction clearance rate at lowest in 11 weeks: CoreLogic

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Auction volumes are set to markedly increase this weekend, with 1,586 auctions scheduled to take place in capital cities around Australia, according to data from CoreLogic. The figure is up from 493 last week, when auction activity slowed down over the Easter period.
Melbourne is expected to see the most significant increase in volumes over the week, with 743 properties to go to auction, up from 102 last week. 
Across Sydney, auction volumes are set to double, with 543 auctions scheduled to take place, increasing from 279 last week. 
<a href="https://www.propertyobserver.com.au/images/2017/04/21/capital%20city%20auctions.png" target="_blank">CLICK TO ENLARGE</a><a href="https://www.propertyobserver.com.au/images/2017/04/21/capital%20city%20auctions.png"></a>
<a href="https://www.propertyobserver.com.au/images/2017/04/21/capital%20city%20auctions.png"><img src="https://www.urban.com.au/images/2017/04/21/capital%20city%20auctions.png" width="700" height="425"></a>
Outside of Sydney and Melbourne, each of the remaining capital cities will also see a higher number of auctions this week compared to last week.
Victoria has the busiest suburbs for auctions this week, with 19 homes set to go under the hammer in Craigieburn, followed by Glen Waverley, Melbourne and Werribee where each will host 12 auctions.
Overall auction activity is also set to be higher than the corresponding week last year, which recorded 1,565.
The Easter period saw a decrease of auction activity  across the combined capital cities, with a total of 493 auctions held, down significantly from 3,517 auctions the week prior when the busiest week for auctions so far this year was recorded. 
The final auction clearance rate fell slightly, from 74.8 per cent the previous week to 73.9 per cent last week.
<a href="https://www.propertyobserver.com.au/images/2017/04/21/rsz_corelogic_national_auction_preview__week_ending_23_april_2017__.png" target="_blank">CLICK TO ENLARGE</a>
<img src="https://www.urban.com.au/images/2017/04/21/rsz_corelogic_national_auction_preview__week_ending_23_april_2017__.png" width="700" height="425">
Melbourne was the best performing capital city auction market last week, with 81.3 per cent of the 102 auctions successful. However, Sydney had the highest volume of auctions, with 279 held and a clearance rate of 77.0 per cent. 
Across the smaller capital cities, clearance rates improved week-on-week in Adelaide, Canberra and Perth, however volumes were significantly lower across each market last week compared to the week prior.
Across the non-capital city auction markets, the Geelong region recorded the strongest clearance rate at 94.7 per cent, while the Gold Coast had the highest number of auctions (34). 
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Auction volumes return to normal with 1,586 scheduled around Australia this weekend: CoreLogic

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The REIV is expecting about 770 auctions in 291 suburbs this week.
The top auction location this week is Craigieburn (15 auctions), followed by Bundoora, Glen Waverley, Smythesdale, and Werribee with 11 auctions in each.
Offerings include is a four bedroom house at <a href="https://www.realestateview.com.au/real-estate/3-ealing-close-craigieburn-vic/property-details-buy-residential-10943216/" target="_blank">3 Ealing Close</a>, Craigieburn (above).
Last weekend there were just the 44 auctions given Easter.
This weekend there are around 770 auctions.
This weekend last year agents secured a 75% success rate from 539 auctions.
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Craigieburn leads Melbourne's 770 auction weekend: REIV

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The television tradie James Bawden and his wife, interior designer Kimberley-Jade sold their single-fronted 1890s St Kilda East cottage ahead of its weekend auction.
No price reveal but Sotheby’s agent Sarah Case was seeking <a href="https://www.realestate.com.au/sold/property-house-vic-st+kilda+east-124955250" target="_blank">around $1.45 million</a> (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/2017/04/10/700_terrace1.jpg" alt="">
Bawden, who started his television career with Channel Nine’s Domestic Bliss then onto Network Ten’s The Home Team DIY show, bought it with Kimberley-Jade, who runs runs the Kim INC design studio, for $610,000 in 2014 which was followed by their renovation and extension.
It was one of the 166 Melbourne auction offerings snapped up ahead of schedule, according to the REIV. 
Melbourne's 81 percent success rate just sits behind Sydney's 81.5 percent with neither city unduly concerned by rising regulatory concerns about a housing bubble.
In Melbourne's outer west, Ardeer, it was a Sydney investor who snapped up a $731,000 <a href="https://www.realestate.com.au/property-house-vic-ardeer-124984098" target="_blank">three-bedroom brick veneer house</a> (below).
<img src="https://www.urban.com.au/images/2017/04/10/Screen%20Shot%202017-04-10%20at%209.12.02%20AM.png" alt="">
In South Yarra an expat living in Dubai spent $1,214,000 on a Moore Street single-fronted <a href="https://www.realestate.com.au/property-house-vic-south+yarra-124954986" target="_blank">two bedroom cottage semi</a> (below), The Herald Sun reported.
<img src="https://www.urban.com.au/images/2017/04/10/Screen%20Shot%202017-04-10%20at%209.13.56%20AM.png" alt="">
In South Melbourne, a charming ugly duckling left vacant for 40 years, sold through Greg Hocking Holdsworth to a couple for $2,635,000 who will be convert the former corner milk bar and adjoining classic terrace <a href="https://www.realestate.com.au/property/440-park-st-south-melbourne-vic-3205" target="_blank">into one family home</a> (lead image).
The effervescent national clearance rate tally came after the busiest week for auctions so far this year, as vendors sought to get in before the Easter break.
Auctions returned a 77.6 percent national tally, according to CoreLogic’s latest report with 3,424 homes put to auction.
In Melbourne, the number of homes taken to auction rose to 1,458, up from last week’s 1,143, with the clearance rate hitting 81 per cent, up from 79.6 per cent over the previous weekend.
Across Sydney the preliminary clearance rate was up at 81.5 per cent after Sydney's biggest ever auction day saw 1140 homes go under the hammer.
CoreLogic’s auction analyst Kevin Brogan said described it as "a robust performance."
<div class="wp-caption">The dearest reported sale was at Drummoyne where a four-bedroom art deco home on Sydney Harbour sold for $7.2 million. </div>
<div class="wp-caption"> </div>
<div class="wp-caption">The auctioneer Damien Cooley had called the property onto the market at $6.8 million.</div>
<div> </div>
<div id="sticky_holder_news">“There’s a shortage of waterfronts in Drummoyne,” Cobden and Hayson agent Frank Colacicco told The Sunday Telegraph.</div>
<div> </div>
<div>Melbourne's highest result was when a <a href="https://www.realestate.com.au/property-house-vic-middle+park-124983402" target="_blank">Middle Park duplex fetched $6,985,000</a> (below), according to the REIV.</div>
<div> </div>
<div><img src="https://www.urban.com.au/images/2017/04/10/Screen%20Shot%202017-04-10%20at%209.17.39%20AM.png" alt=""></div>
<div> </div>
<div>There were 17 rooms in Veronique, the Page Street offering, which sold through Cayzer Real Estate.  </div>
<div> </div>
<div>An 1880s Brighton house, Marama was passed in on a <a href="https://www.realestate.com.au/property-house-vic-brighton-125013006" target="_blank">vendor bid of $5.8 million</a> in front of a big crowd (below). The Age advised the iconic Victorian mansion did not receive a single bid, although the vendors had lowered their reserve to $6.4 million from initial $7 million hopes. </div>
<div> </div>
<div><img src="https://www.urban.com.au/images/2017/04/10/Screen%20Shot%202017-04-10%20at%209.18.45%20AM.png" alt=""></div>
<div> </div>
Canberra’s preliminary auction clearance rate of 69.8 percent was higher than last week when the final auction clearance rate was 60.8 percent and higher than the 52 percent recorded last year.
A suburb record was secured in Florey where <a href="https://www.realestate.com.au/sold/property-house-act-florey-124977586" target="_blank">3 Edman Close</a> (below) sold under the hammer for $960,000 through Peter Blackshaw Gungahlin, topping the previous $840,000 record set in February.
<img src="https://www.urban.com.au/images/2017/04/10/Screen%20Shot%202017-04-10%20at%209.23.17%20AM.png" alt="">
It had five bedrooms, study and theatre room amid its 220 sqm internal living space.
CoreLogic advised there were 182 Brisbane properties taken to auction with a clearance rate of 54.6 percent.
Adelaide saw a preliminary clearance rate of 67.4 percent across a total of 170 scheduled auctions.
Perth’s clearance rate of 22.7 percent across 53 auctions was down from the previous week.
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South Melbourne ugly ducking sold

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The busiest week for auctions so far this year returns a preliminary clearance rate of 77.6 percent, according to CoreLogic’s latest report.
The property data firm says that auction activity ramped up across the combined capital cities this week in the lead up to Easter, with 3,424 homes taken to auction this week, recording the highest volume of auctions year-to-date.
<a href="https://www.propertyobserver.com.au/images/2017/04/09/Screen%20Shot%202017-04-09%20at%2010.55.55%20am.jpg" target="_blank">Click to enlarge</a>
<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/2017/04/09/Screen%20Shot%202017-04-09%20at%2010.55.55%20am.jpg" alt="">
The preliminary clearance rate remains strong despite the increase in volumes over the week, with 77.6 percent of auctions reporting as successful.
This week’s results are higher than both last week’s 75.9 percent across 2,657 auctions and the same time last year when 67.1 percent of the 1,831 auctions were cleared.
<a href="https://www.propertyobserver.com.au/images/2017/04/09/Screen%20Shot%202017-04-09%20at%2010.56.01%20am.jpg" target="_blank">Click to enlarge</a>
<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/2017/04/09/Screen%20Shot%202017-04-09%20at%2010.56.01%20am.jpg" alt="">
However, if we compare to the pre-Easter weekend in March last year, volume’s reached their highest level for 2016, with 3,540 auctions held.
In Melbourne this week, the number of homes taken to auction rose to 1,458, from last week’s 1,143, with the clearance rate for the city also increasing over the week (81.0 percent), up from 79.6 percent over the previous week.
This is significantly higher than the corresponding week last year when 803 auctions were reported with a clearance rate of 73.2 percent.
<a href="https://www.propertyobserver.com.au/images/2017/04/09/Screen%20Shot%202017-04-09%20at%2010.57.20%20am.jpg" target="_blank">Click to enlarge</a>
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Across Melbourne’s sub-regions, the Mornington Peninsula region recorded the highest clearance rate of all the regions, with 87.0 percent of the 66 auctions successful, followed by the North West region, where an 86.1 percent clearance rate was recorded across 107 auctions.
Across Sydney, there were a higher volume of auctions this week, with 1,392 held, up from 1,104 over the previous week.
The preliminary clearance rate for the city saw an increase over week, up to 81.5 percent from 78.0 percent last week.
<a href="https://www.propertyobserver.com.au/images/2017/04/09/Screen%20Shot%202017-04-09%20at%2010.57.27%20am.jpg" target="_blank">Click to enlarge</a>
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When compared to the same time last year, both the clearance rate and number of auctions held were significantly lower, when 67.1 percent of the 678 auctions were successful.
The Outer West and Blue Mountains region recorded the strongest clearance rate of all the Sydney sub-regions, with an 90.0 percent rate of clearance across 13 auctions, while the North Sydney and Hornsby region recorded the highest volume of auctions (221).
There were 182 Brisbane properties taken to auction this week, with a preliminary clearance rate of 54.6 percent.
This is up from 52.4 percent last week and also higher than the same period last year, when 47.7 percent of the 160 properties taken to auction were successful.
<a href="https://www.propertyobserver.com.au/images/2017/04/09/Screen%20Shot%202017-04-09%20at%2010.57.35%20am.jpg" target="_blank">Click to enlarge</a>
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Across the Gold Coast 29 results have been reported so far, with a clearance rate of 37.9 percent.
This week, Adelaide saw a preliminary clearance rate of 67.4 percent across a total of 170 scheduled auctions.
<a href="https://www.propertyobserver.com.au/images/2017/04/09/Screen%20Shot%202017-04-09%20at%2010.57.42%20am.jpg" target="_blank">Click to enlarge</a>
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This is lower than the previous week, when Adelaide’s clearance rate was 76.3 percent and higher than the 63.6 percent recorded one year ago.
Perth’s clearance rate of 22.7 percent across 53 auctions is down from the previous week, when 43 auctions were held and a clearance rate of 38.7 percent was recorded.
Over the same week last year, the clearance rate was also higher, when 33.3 percent of the 36 auctions were successful.
Canberra’s preliminary auction clearance rate of 69.8 percent this week is higher than last week, when the final auction clearance rate was 60.8 percent and higher than the 52.2 percent recorded last year.
In Tasmania this week, there were a total of 21 auctions held, with 15 results so far.
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Preliminary auction clearance rate at 77 percent in lead up to Easter: CoreLogic

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A record number of auctions will be held in Sydney this weekend with pre-Easter Super Saturday showing over 1150 homes likely to be auctioned.
Domain's Andrew Wilson said Sydney sellers are rushing the market in unprecedented numbers keen to take advantage of the current strong autumn conditions.
"Over 1150 homes are likely to go under the hammer on Saturday which will be well ahead of last weekend’s 800 auctions and significantly higher than the 523 conducted over the same weekend last year," he said.
"The previous record auction day in Saturday in Sydney was the pre-Easter Super Saturday in 2015 when 1128 homes were listed.
"Although the Easter holiday is a month later compared to last year, auctions listings have continued to rise over autumn. Sydney weekend auctions are 27.7 per cent higher or 1927 more so far this year compared to the same period last year.
"The inner west will host the most number of auctions on Saturday with 163 followed by the upper north shore 161, the south 159, the city and east 134, the lower north 106, the northern beaches 94, the west 87, Canterbury Bankstown and the south west each 71, the north west 47, the central coast 31 and the Blue Mountains with 1 auction listed
"The most popular suburbs for auctions this weekend in Sydney is Mosman with 16 followed by Eastwood and Leichhardt each with 14 , Newtown 13,  Ryde and Miranda each with 12 and a number of suburbs with 11 auctions listed on Saturday including Blacktown, St Ives and Chatswood.
"The usual pre-Easter rise in Melbourne auction activity this weekend will provide the strong local market with more opportunities for enthusiastic buyers.
"Over 1200 homes are scheduled to go under the hammer on Saturday which will be well ahead of the 947 auctioned last weekend and significantly higher than the 482 listed over the same weekend last year.
"Pre-Easter numbers however are well down this year with the holiday falling a month later compared to last year and with school holidays already under way.
"Despite lower pre-Easter offerings, weekend auction listings in Melbourne are 27.7 percent higher or 1927 more so far this year compared to the same period last year.
"Melbourne’s western suburbs is again top of list for auction numbers this weekend in Melbourne  with 238 followed by the outer east 185, the north east 174, the inner city 154, the inner south 129, the inner east 111, the north 101 and the south east 100.
"The most popular suburb for auctions in Melbourne this weekend is Glen Waverley with 20 followed by Craigieburn and Preston each with 17, Mount Waverley with 16 and a number of suburbs with 15 auctions scheduled including Reservoir, St Kilda, Doncaster East and Mill Park." 
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