Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

Joel Robinson

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
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SIERA kicks off construction at Northcliffe tower Exhale

Local Little Bay residents, along with buyers from premium postcodes across Sydney’s affluent Eastern Suburbs, have dominated purchases in developer-builder Urban Property Group’s first Eastern Suburbs apartment development, <a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a>.

The $250 million coastal project, one of the first new developments in the area in several years, has proven particularly popular with downsizers, especially those from Coogee and Bondi. One Double Bay downsizer paid $4.7 million for a four-bedroom penthouse, setting a new local apartment price record in the process.

Buyers have been attracted to the combination of coastal tranquillity, premium design and amenity-rich neighbourhood living. The walkable village setting, along with proximity to three of Sydney’s leading golf courses, New South Wales Golf Club, St Michael’s Golf Club and The Coast Golf Club, has also been a key drawcard.

[smartcode_project:default project_id=112343 project_image_fid=352689]

Built across two low-rise buildings designed by <a href="https://www.apartments.com.au/architects/hill-thalis-architecture-urban-projects-pty-ltd">Hill Thalis</a> and set along a lush, landscaped green spine, designed by leading landscape architect <a href="https://www.apartments.com.au/landscape-architect/arcadia-landscape-architecture">Arcadia</a>, ESTE Little Bay offers a collection of one, two, three and four-bedroom residences with interiors by Richards Stanisich.

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> Sales Director, Tom McIvor said the response to ESTE has been "nothing short of extraordinary."

“Buyers have been quick to recognise ESTE as a rare opportunity to invest in a coastal sanctuary that offers both seclusion and connectivity to the heart of Sydney,” McIvor said.

[smartcode_project:default project_id=112343 project_image_fid=352687]

<a href="https://www.apartments.com.au/project-marketer/srm-residential">SRM Residential</a> Senior Director, <a href="https://www.apartments.com.au/project-marketer/srm-residential">Clayton Ross</a> said the local market has responded incredibly well, driven by ESTE’s exceptional location and the rarity it offers.

“We’ve seen strong interest from a variety of buyer groups, all of whom are drawn to the exclusivity and quality of the build and construction by the 4.5-star iCIRT-rated builder / developer, Urban Property Group. There’s truly nothing else like it along Sydney’s coastline.”

[smartcode_project:default project_id=112343 project_image_fid=352690]

The project also includes robust buyer protections, including Resilience Insurance’s Latent Defects Insurance, providing 10 years of structural cover, and an independent iCIRT-rating of the developer.

“The iCIRT-rating adds another layer of confidence,” Ross added. “Buyers see it as a safeguard for their investment and their lifestyle.” A highlight of ESTE’s offering is its exclusive wellness amenities, including a heated rooftop infinity pool and outdoor heated spa, a state-of-the-art Technogym fitness centre, and a sauna.

<a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a> is topped out and is on track to complete towards the end of 2026, with residents moving in before Christmas.

[smartcode_project_cta:default project_id=112343]

Eastern Suburbs buyers snap up ESTE Little Bay apartments

Auctions

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CoreLogic reported it was another strong weekend for auction activity, ahead of the grand final weekend slowdown.
There were 2,445 auctions held across the combined capital cities with a preliminary auction clearance rate of 78 percent.
Last week, the final auction clearance rate was recorded at 76 percent with 2,149 residential properties taken to auction.
At the same time last year, auction volumes were higher with just 69 percent of the 2,835 offerings finding buyers under the hammer.
"Over the first four weeks of Spring, auction clearance rates have consistently been recorded at a higher rate than over the corresponding weeks last year, while auction volumes remain around 20 per cent lower," CoreLogic spokesperson Kevin Brogan said.
Melbourne, Australia’s largest auction market, notched up a 79 percent success rate. Strong sales above reserve continued to be evident.
Six bidders sought the unrenovated cottage at 24 College Street, Hawthorn which was announced as on the market at $1.25 million and sold for $1,551,000.
In Fitzroy, a two-bedroom house at 80 Cecil Street drew four bidders. It was called on the market at $1.1 million and knocked down at $1.3 million.
Melbourne prices ranged between $216,000 at Reservoir and $4 million at Canterbury.
<img src="/images/2016/09/26/Screen%20Shot%202016-09-26%20at%209.55.29%20AM.png" alt="">
It was a quaint 1930s knockdown home, Dooras without heritage overlay at <a href="https://www.realestate.com.au/sold/property-house-vic-canterbury-123448414" target="_blank">107 Mont Albert Road</a> (above).
Across Sydney, 930 homes were taken to auction this week - with 580 on Saturday - with a preliminary clearance rate of 84 percent.
A Bronte timewarp was Sydney's, and the nation's, top sale when $7.35 million was paid – $1.35 million over reserve - for the late 1950s house at <a href="https://www.realestate.com.au/sold/property-house-nsw-bronte-123396886" target="_blank">3 Bronte Marine Drive</a> (below).
<img src="/images/2016/09/26/Screen%20Shot%202016-09-26%20at%209.57.17%20AM.png" alt="">
The buyers' guide was $5.8 million. The buyer is likely to add a third floor.
Sydney's cheapest sale was $480,000 at Whalan (below).
<img src="/images/2016/09/26/Screen%20Shot%202016-09-26%20at%209.59.39%20AM.png" alt="">
The three bedroom house had last sold in <a href="https://www.realestate.com.au/property-house-nsw-whalan-123451950" target="_blank">June last year at $470,000</a>, so the $10,000 price gain would not have covered costs.
It had been a $345 a week rental, so reflecting a 3.75 per cent gross yield.
Last week, the final clearance rate for Sydney was 81 percent, across 815 auctions.
One year ago, 1,200 Sydney homes were taken to auction and the clearance rate was 71 per cent.
Brisbane's preliminary clearance rate was 51 percent, up from 48 percent last week but lower than one year ago, when 55 percent of auctions were successful.
This week, Adelaide saw a preliminary clearance rate of 84 percent, with 87 reported results across a total of 126 scheduled auctions.
Adelaide's top sale was $1,682,000 for a sandstone 1930s Tudor-style home in Fitzroy.
<img src="/images/2016/09/26/500_Adelaide.jpg" alt="">
The <a href="https://www.realestate.com.au/property-house-sa-fitzroy-123516286" target="_blank">1 Braund Road offering</a> (above) had a pre-auction price guidance of $1.5 million to $1.6 million. 
The five bedroom home had last traded at $385,000 in 1997, reflecting just over 8 per cent annual price growth with a renovation undertaken in 2004.
Perth’s clearance rate of 35.1 percent across 49 auctions was down from the previous week, when 39 auctions were held and a clearance rate of 45.2 percent was recorded.
In Canberra, 90 auctions were held this week, and of the 73 reported results, 70 percent were successful. 
Canberra prices ranged between $355,000 for a two bedroom Greenway apartment and $2.1 million for a three bedroom house in Forrest. 
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jchancellor-FAypfDUnLy

Strong spring auction clearance rates continue ahead of grand final weekend

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More auctions are scheduled across the combined capital cities this week with 2,305 currently being tracked compared to 2,149 over the previous week, according to CoreLogic's latest market report.
Given the AFL and NRL grand finals will be held over the following weekend, plus a number of public holidays across the nation, auction activity is expected to drop, so some of this week’s increase can be directly attributed to that.
Historically, Melbourne shows the greatest fall in auction activity over this weekend, however although the influence across the other cities is less apparent, it will still contribute to an overall fall away in auction activity after this week.
<a href="/images/2016/09/22/Screen%20Shot%202016-09-22%20at%2010.45.08%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/22/Screen%20Shot%202016-09-22%20at%2010.45.08%20AM.png" alt="">
Capital city auctions this week:
• Sydney: 864
 • Melbourne: 1,046
• Brisbane: 127
• Adelaide: 118
• Perth: 52
• Canberra: 82
Reservoir, in Melbourne, is by far the busiest individual suburb for auctions this week, with 28 scheduled. The next busiest suburb is also in Melbourne, with Richmond set to host 19 auctions this week.
<a href="/images/2016/09/22/Screen%20Shot%202016-09-22%20at%2010.45.15%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/22/Screen%20Shot%202016-09-22%20at%2010.45.15%20AM.png" alt="">
Summary of last week’s results:
Last week, 76.2 percent of capital city auctions that were reported to CoreLogic were successful. This result represents a rise from the previous week (76.2 percent), but is lower than the recent high of 77.1 percent over the week ending 4 September.
Last week, the two major auction markets remained the strongest performing, with clearance rates of 81.6 percent and 77.8 percent in Sydney and Melbourne respectively. In Sydney, there were multiple sub-regions where the weekly clearance rate surpassed the 90 per cent mark last week, while in Melbourne four out of the nine sub-regions recorded a clearance rate of at least 80 per cent.
Adelaide, at 74.7 percent and Canberra, at 72.0 percent, also recorded a strong result last week, a good indicator of the respective auction markets, given auction activity also increased in both cities.
Outside of the capital cities, regional auction market performance was mixed. The busiest region was Queensland’s Gold Coast, with 57 results, however only 32.5 percent of auction results were reported as successful. On the other hand, Wollongong’s auction clearance rate was approaching the 90 percent mark, however only 38 homes were taken to auction.
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j.ballantyne1990-6AQqhLzZaK

More auctions scheduled this weekend, but will decrease for grand finals: CoreLogic

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The preliminary clearance rate for Sydney stands at 85.1 percent for the week ending 18 September, according to CoreLogic.
The busiest sub-region of Sydney was North Sydney and Hornsby, with a preliminary clearance rate of 92 percent. The Eastern Suburbs had a clearance rate of 94.2 percent.
<a href="/images/2016/09/19/Screen%20Shot%202016-09-19%20at%2011.58.38%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/19/Screen%20Shot%202016-09-19%20at%2011.58.38%20AM.png" alt="">
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jonathanchancellor-7SQnKwU6yx

North Sydney, Hornsby busiest Sydney weekend auction locations: CoreLogic

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The strength of the early spring market has been a bonanza for sellers across most of the capital cities.
At 85 percent Sydney had its highest clearance rate since June last year, the height of the then-boom, according to Domain. Saturday’s result in Melbourne was the highest for two months.
Sydney has now recorded five weekends out of the past six with clearance rates at or above 80 percent. 
The shortage of auction listings is contributing to higher clearance rates, with Domain calculating September offerings in Sydney down by around 30 percent on the same month last year and down by 20 percent in Melbourne. 
The weekend's top auction result was when an eight bedroom, English style Strathfield mansion fetched a record $7.3 million.
Five of the 12 registered bidders bid to own the home at <a href="https://www.realestate.com.au/property-house-nsw-strathfield-123345238" target="_blank">2 Llandilo Avenue</a> (above) which last sold for $1.03 million in 1988. The buyers were an upsizing local family, Strathfield Partners agent Robert Pignataro advised.
The sale eclipsed a nearby seven bedroom home which sold for $6.825 million in May.
The home on the estate’s 2665 sq m holding had been custom built with 2500 tonnes of sandstone from Darling Harbour.
The buyers were an upsizing local family.
Sydney also saw the $7.25 million sale of Taiping, a five-bedroom Sydney Harbour beachfront home at <a href="https://www.realestate.com.au/sold/property-house-nsw-neutral+bay-123371122" target="_blank">3 Lower Wycombe Road, Neutral Bay</a>, (below) sold by McGrath Neutral Bay for $7.25 million.
<img src="/images/2016/09/19/700_kirribilli.jpg" alt="">
Melbourne's top sale was a six bedroom art deco 1930s Armadale home renovated in 1999 by Toorak architect Anthea Bickford.
It sold at $5,525,000 against its $4.5 million plus price guidance.
The <a href="https://www.realestate.com.au/sold/property-house-vic-armadale-123418158" target="_blank">1500 sq m Dandenong Road</a> holding (below), between Orrong and Kooyong Roads, was once owned by the well-connected ragtrading entrepreneur Saul Same of Gloweave fame until its $797,000 in 1999 after four decades ownership. 
<img src="/images/2016/09/19/Screen%20Shot%202016-09-19%20at%208.51.42%20AM.png" alt="">
It last sold at $1.94 million in 2002 to the radiologist Associate Professor Richard O’Sullivan.
There was a $5 million reserve with three bidders participating in the auction.
Eloc, the weekend property offering at <a href="https://www.realestate.com.au/sold/property-house-vic-brighton-123379162" target="_blank">50-52 Bay Street, Brighton</a> fetched $4,925,000 post-auction.
The Buxton agency price guidance had been $4.7 million plus for the 1874 home with extensions on its 1760 sq m block.
There were just the two bidders before it was passed in at $4,710,000 (below).
<img src="/images/2016/09/19/Screen%20Shot%202016-09-19%20at%208.52.58%20AM.png" alt="">
The national capital city clearance rate rose this week, from 75 percent last week to close to 78 percent. This time one year ago close to 70 percent of capital city auctions found buyers under the hammer.
There were 2,093 capital city auctions held over the week, similar to the 2,062 last week, but lower than one year ago, when the spring market had over 2,500 auctions across the combined capitals.
"This week last year represented the 7th consecutive week of capital city auction volumes being over the 2,000 mark, while over the past seven weeks, only three weeks have seen more than 2,000 auctions across the capitals," CoreLogic spokesperson Kevin Brogan noted.
This week there were 956 auctions held in Melbourne, down from 974 last week and lower than last year, when 1,127 Melbourne homes were taken under the hammer.
Preliminary results indicate that Melbourne’s clearance rate was steady at around 78 percent this week, while one year ago, 73 percent of Melbourne auctions cleared.
One of the high profile sellers was Kangaroos forward Jarrad Waite who sold his Moonee Ponds home at $1.48 million at weekend auction.
The Edwardian cottage (below) was expected to fetch $1.15 million plus but went $200,000 over reserve given four bidders battled it out for the three-bedroom home.
<img src="/images/2016/09/19/700_addison.jpg" alt="">
The <a href="https://www.realestate.com.au/property-house-vic-moonee+ponds-123380294" target="_blank">Addison Street property</a> sold through Charles Bongiovanni of Alexkarbon, North Melbourne.
Waite will be moving to a nearby larger home at Strathmore with his wife Jackie and their baby son.
Waite and his wife had refurbished their double-fronted period home since purchasing in 2008 for $764,500, but have not altered its floorplan.
It sold to an Ascot Vale family, according to the Herald Sun. One of the bidders that missed out did not go home empty-handed, though, taking home a signed Sherrin for kicking off the bidding at $1.305 million, which was $5000 above reserve.
Melbourne’s strongest performing sub-region this week was the North East, recording a clearance rate of 86 percent across 91 reported results.
Inner Melbourne was the busiest region for auctions, with 181 held and 168 reported so far, with a preliminary clearance rate of 76 per cent.
CoreLogic had Sydney notching up an 85 percent success rate, based on preliminary results.
Some 773 Sydney auctions were held this week, remaining relatively steady when compared to last week (758) and the week prior (757), however well below the number held over the corresponding week last year (1,041).
The Eastern Suburbs had the strongest preliminary result with 94 percent of homes selling.
There were 139 Brisbane homes taken to auction this week, relatively steady when compared to both last week (148) and one year ago (143). Brisbane’s clearance rate rose to 55 per cent last week, from 44 per cent the previous week, while one year ago, half of all auctions reported were sold.
Brisbane had the nation's cheapest auction result when a three bedroom house sold on Macleay Island (below) for $195,000.
<img src="/images/2016/09/19/Screen%20Shot%202016-09-19%20at%208.58.37%20AM.png" alt="">
The home on the Morton Bay island had last sold at $250,000 in 2006 and at $198,000 in 2003.
In Adelaide, the preliminary clearance rate was 76 percent this week, having risen from 68 percent last week. The number of homes taken to auction this week was 96, compared to 88 last week and 99 one year ago, when 71 per cent were successful.
There were 83 auctions held in Canberra this week and the preliminary clearance rate was 70 percent, up from one year ago when it was 58 percent.
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Strong weekend auction results a bonanza for early spring home sellers

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Auction in Melbourne and Sydney will be quieter this weekend despite buyer activity ramping up in Melbourne and low listings numbers in Sydney, according to Domain Group’s chief economist Andrew Wilson.
He said just under 800 homes are scheduled to go under the hammer in Melbourne, lower than the 846 auctioned last weekend and well down on the 955 conducted over the same weekend last year.
"Melbourne’s inner east is the most popular region for auctions this weekend with 118, followed by the west with 114, the inner south 111, the north east 99, the outer east 98, the inner city 96, the north 80 and the south east 51," he said.
"Kew is the most popular auction suburb in Melbourne on Saturday with 16, followed by East Bentleigh and Richmond each with 14, Burwood with 13, Reservoir 12 and Brighton and Craigieburn with 11 auctions each listed at the weekend.
"The current strength of the market is being shared consistently by most suburbs, but the north continues to be the star performer."
He said just over 550 homes are listed to go under the hammer in Sydney on Saturday with this weekend’s auction activity remaining well below last year’s 832 listings recorded over the same weekend.
"The inner west is the most popular region in Sydney this weekend for auctions with 87 listed, closely followed by the upper north shore 86, the city and east 67, the south 62, Canterbury Bankstown 46, the south west 45, the lower north 42, the northern beaches 39, the west 37, the north west 32 the central coast 14 and the Blue Mountains with two auctions scheduled on Saturday," he said.
"Epping, Strathfield and St Ives are the most popular suburbs in Sydney for auctions this weekend with eight each, followed by Annandale, Leichhardt and Artarmon each with seven and Wahroonga, Baulkham Hills and Turramurra each hosting six auctions on Saturday.
"The Sydney home auction market tracked backwards last weekend following a month of boom-time results to start the early spring selling season.
"Sydney recorded a clearance rate of 77.1 percent last Saturday which, although sharply lower than the previous weekend’s 80 percent, remained significantly ahead of the 72.4 percent recorded over the same weekend last year.
"Although results were down last weekend, the Sydney early spring auction market continues to produce healthy results for sellers.  
"Auction numbers however remain well below last year’s record-level offerings. Total listings are also sharply lower with newly listed homes falling by 22.6 percent over August compared to the same month last year."
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Melbourne, Sydney have subdued weekend auction volumes

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The number of homes taken to auction this week fell slightly to 1,858, compared to the 2,153 auctions held last week and 2,297 one year ago. 
The preliminary clearance rate was higher than the previous week’s result of 74.5 per cent and up from last year, when the clearance rate was recorded at 73.2 per cent. 
Preliminary results this week are the highest recorded this year.  The results show that Melbourne and Sydney recorded the highest clearance rates of (79.3 per cent) and (83.9 per cent) respectively, however both cities were host to fewer auctions this week when compared to last week.
<a href="/images/2016/09/06/20160905-Capital-city.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/06/20160905-Capital-city.png" alt="">
Across Melbourne, this week’s preliminary clearance was 79.3 per cent, up from last week’s result of 77.4 per cent.  This week’s preliminary clearance rate is the highest preliminary rate Melbourne has recorded this year. 
It also marks the ninth week in a row that Melbourne’s clearance rate has been recorded above 70 per cent.  The preliminary clearance rate is higher than 75.1 per cent one year ago. 
There were 826 auctions held in Melbourne this week, a drop from last week’s 1,060 auctions and lower than the 992 auctions held at the same time last year. 
Of the 9 individual sub-regions in Melbourne, this week’s strongest performer in terms of clearance rate was the Mornington Peninsula sub-region, where 93.3 per cent of the 30 reported results were successful.
<a href="/images/2016/09/06/20160905-Melbourne.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/06/20160905-Melbourne.png" alt="">
In Sydney, a preliminary clearance rate of 83.9 per cent was recorded across 715 auctions this week. Last week, Sydney’s final clearance rate was lower at 78.5 per cent across 788 auctions.  Since the final week in April this year, Sydney has consistently recorded weekly clearance rates above the 70 per cent mark.
One year ago, auction activity across Sydney was significantly higher, with 1,023 auctions held and 76.9 per cent clearing. North Sydney and Hornsby was the busiest sub-region of Sydney this week for auctions with 121 homes taken under the hammer. 
Based on preliminary results the region recorded a clearance rate of 82.0 per cent. Ryde (95.2 per cent) and Northern Beaches (91.5 per cent) recorded the highest preliminary clearance rates of the sub-regions.
Click to enlarge
<img src="/images/2016/09/06/20160905-Sydney.png" alt="">
There were 135 Brisbane homes taken to auction this week, with 77 results reported so far.  Brisbane also recorded their highest preliminary clearance rate for the city this year (58.4 per cent), up from 44.3 per cent last weeks and higher than one year ago, when 42.9 per cent of the 130 properties taken to auction were successful.  Across the GoldCoast 35 results have been reported so far, with a success rate of 40.0 per cent.
<a href="/images/2016/09/06/20160905-Brisbane.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/06/20160905-Brisbane.png" alt="">
This week, Adelaide saw a preliminary clearance rate of 80.7, across 57 reported auctions; the highest Adelaide has recorded for the year.  In comparison, over the previous week Adelaide’s clearance rate was 63.3 per cent and 69.5 at the same time last year.
<a href="/images/2016/09/06/20160905-Adelaide.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/06/20160905-Adelaide.png" alt="">
In Perth, auction numbers fell to 26 this week with a preliminary clearance rate of 16.7 per cent.  So far 6 auctions have been reported.  Last week, the final clearance rate for Perth was 34.8 per cent across 29 auctions.
Canberra’s preliminary rate was 77.8 per cent this week, compared to 71.4 per cent last week and 71.7 per cent one year ago.  This week’s 77.8 per cent is the highest preliminary clearance rate Canberra has seen since the second week in March this year.  CoreLogic has captured 76 results, rising from 56 last week.
7 auctions took place in Tasmania this week, five results have been reported so far, however none of these reported results were successful.
 
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Spring sees preliminary capital city clearance rate reach a new year to date high 

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Sydney holds a preliminary clearance rate of 83.9 percent for the week ending September 4 according to CoreLogic. 
North Sydney and Hornsby was the busiest sub-region of Sydney with 121 auctions and a preliminary clearance rate of 82.0 percent. <a href="/images/2016/09/05/Screen%20Shot%202016-09-05%20at%2012.27.25%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/05/Screen%20Shot%202016-09-05%20at%2012.27.25%20PM.png" alt="">
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North Sydney, Hornsby region lead Sydney's weekend clearance rates

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Auction numbers are down this weekend in Melbourne following last week's pre-spring Saturday surge.
According to Domain senior economist Dr Andrew Wilson just over 700 homes are scheduled to go under the hammer this Saturday, significantly fewer than the 877 auctioned last weekend and auction numbers will also be well down on the 880 conducted over the same weekend last year,.
According the Dr Wilson, Melbourne’s west continues to be the leading suburban region for auction listings with this weekend 121 homes scheduled to go under the hammer.
<a href="/images/2016/09/02/Screen%20Shot%202016-09-02%20at%2010.51.34%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/02/Screen%20Shot%202016-09-02%20at%2010.51.34%20AM.png" alt="">
 
"Next highest is the inner city region with 105, followed by the inner south with 103, the outer east 88, the north west 83, the inner east 77, the north 64 and the south east with 47 auctions listed," he said.
"Mount Waverley heads the list for the most popular auction suburb in Melbourne on Saturday with 14, followed by St Kilda, 12, East Bentleigh and Craigieburn each with 11, Reservoir and South Morang each with 10 and a number of suburbs with nine auctions listed including Preston, South Yarra and East Brighton.
"Although spring officially starts in September, the spring selling season typically commences over the last weekend in August with a surge in auctions signalling the end of the more subdued winter market.
"Strong clearance rates will result in higher houses prices in Melbourne, although the level of growth is unlikely to match the extraordinary results recorded at the height of last year’s prices boom."
 
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Melbourne weekend auction numbers down following the pre-spring surge

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Three Melbourne sports stars secured weekend property sales as winter auction success rates finished on a high. 
Test cricketer Peter Siddle and fiance Anna Weatherlake’s four-bedroom home at Ormond sold for <a href="https://www.realestate.com.au/property-house-vic-ormond-123228630" target="_blank">$2.05 million after auction</a> (above).
Their renovated California bungalow, which was passed in at $2.02 million, sold to a New Zealand family moving to Melbourne.
They celebrated their success on social media, advising they <a href="https://www.instagram.com/petersiddle403/?hl=en" target="_blank">now have a bayside suburb building project</a>.
The Olympic sailing gold medallist Mark Turnbull secured a <a href="https://www.realestate.com.au/property-house-vic-gardenvale-123241858" target="_blank">$2.2 million post-auction sale</a> of his Gardenvale family home to a couple from Richmond (below).
<img src="/images/2016/08/29/Screen%20Shot%202016-08-29%20at%209.10.57%20AM.png" alt="">
And the axed North Melbourne midfielder Nick Dal Santo and wife, Julie secured <a href="https://www.realestate.com.au/property-apartment-vic-elwood-123234414" target="_blank">$704,000 for an Elwood investment property</a> (below). 
<img src="/images/2016/08/29/Screen%20Shot%202016-08-29%20at%209.11.56%20AM.png" alt="">
There were four bidders for the two-bedroom apartment at 28/125 Ormond Rd which had a $700,000 reserve. It cost $510,000 in 2008.
Some 2,113 auctions were held across Australia’s capital cities on the last weekend of winter, a rise on the prior 1,795 weekend offerings, but still lower than the 2,654 auctions held at the same time last year. 
The national auction clearance rate was 76 percent this week, higher than last week’s result of 75 percent.
Representing another year-to-date high for the combined capitals, CoreLogic noted late last winter the auction clearance rate was recorded at 73 percent.
"Over winter 2016, clearance rates have ranged from a low of 65 percent to a high of 76 percent, compared to last winter where the weekly clearance rate remained above 70 percent each week for the entire winter season, peaking at 78.5 percent at the start of June," Kevin Brogan at CoreLogic said.
The top sale across the nation was in Cremorne Point, with a home <a href="https://www.realestate.com.au/property-house-nsw-cremorne+point-123218458" target="_blank">overlooking Sydney Harbour</a> fetching $6.4 million, some $500,000 over reserve (below).
<img src="/images/2016/08/29/700_cremorne.jpg" alt="">
It was an 1895 home on 600 sqm at 23 Cremorne Road that was sold through Belle Property.
Melbourne had a $6.205 million sale in Deepdene where price guidance had been $4 million to $4.5 million f<a href="https://www.realestate.com.au/property-house-vic-deepdene-123239762" target="_blank">or an 1890s home, Kesteven</a>.
<img src="/images/2016/08/29/Screen%20Shot%202016-08-29%20at%209.15.08%20AM.png" alt="">
The slate roofed, single storey home was called on the market at $4.9 million, according to the James Buyer Advocates, with bidding then from six interested buyers taking it $1.3 million higher. The five bedroom home on 1300 sqm had sold at $1.83 million in 2004.
In Malvern, bidding stopped at $5.75 million with an undisclosed sale subsequently of 52 Elizabeth Street which was expected to sell for about $6 million.
Melbourne’s preliminary clearance rate was 79 per cent, compared to 75 per cent last week and 76 per cent at the same time last year.
There were 1,046 Melbourne homes taken to auction, up on last weekend's 789, yet still tracking lower than at the same time last year when 1,188 went to auction.
Melbourne's most affordable property reported sold at the weekend was a one-bedroom unit at <a href="https://www.realestate.com.au/property-apartment-vic-flemington-123245538" target="_blank">3/106 Ascot Vale Road, Flemington</a> sold for $240,000.
<img src="/images/2016/08/29/700_flemington.jpg" alt="">
The apartment, recently available at $250 a week rental, had last sold at $49,000 in 1988.
Sydney's preliminary clearance rate was 81 per cent, representing an easing from last week’s 84 per cent, which was the strongest final auction clearance rate Sydney has reported for the year so far.
In Sydney 762 auctions were held, compared to 687 last week and 1,106 one year ago.
Domain had the northern beaches of Sydney as the top performer with a 91.9 per cent success rate. 
This week Brisbane was host to 127 auctions, with a preliminary clearance rate of 47 per cent. This week’s volume of auctions represents a rise from last week’s 125 auctions, but lower than the 169 auctions held one year ago. At the same time last year, Brisbane’s clearance rate was 54 per cent.
The nation's cheapest weekend auction result was on Brisbane's outskirts at Ipswich when<a href="https://www.realestate.com.au/property-house-qld-eastern+heights-123216738" target="_blank"> 7 Rex Street, Eastern Heights</a> fetched $230,000.
<img src="/images/2016/08/29/700_rex.jpg" alt="">
The three bedroom house sold pre-auction.
There were 82 auctions held in Adelaide, compared to 97 last week and 102 at the same time last year. The preliminary clearance rate for the city this week was 68 percent, up from 62 percent last week and 58 percent one year ago.
"Adelaide’s preliminary clearance has remained above the 60 percent mark since the final week of July," Kevin Brogan said.
Adelaide prices ranged from $320,000 at Banksia Park to $980,000 at Colonial Light Gardens.
Perth’s preliminary clearance rate was 21 percent this week, compared to 20 percent last week and 45 percent one year ago.
Corelogic has 52 auction results for Canberra, with a preliminary clearance rate of 75 percent, higher than the 66 percent clearance rate last week. At the same time last year Canberra recorded a clearance rate of 69 percent
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Winter auction success rates finish on a high

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Sydney's Saturday auction colosseum, Strathfield again produced the nation's top seller.
It was a $6.8 million <a href="https://www.realestate.com.au/property-house-nsw-strathfield-123168366" target="_blank">Tudor style four bedroom home</a> (above) on 2000 sqm with tennis court and pool.
The home had last traded at $3.35 million in 2008. It took the sales tally from 12 offerings along Newton Road to $45 million plus since early 2015.
Sydney had around 650 weekend auctions, with a preliminary clearance rate of 86 per cent, representing a significant rise from last week’s 78 percent, and again higher than one year ago when it was 76 percent. 
"The preliminary clearance rate is the highest Sydney has reported since the first week in June 2015 of 88 percent," CoreLogic's Kevin Brogan advised. 
There were 930 auctions held in Sydney one year ago.
Some 1,747 capital city auctions were held and preliminary results reflected a national 76 percent success rate, rising from the 75 percent the prior week across 1,471 auctions.
Auction volumes remain significantly lower, as one year ago CoreLogic tallied 2,248 homes taken to auction across the combined capitals.
Melbourne also maintain its place as the second strongest performing city. 
This week there were 785 auctions in Melbourne, up from 605 last week, and still below the auction activity recorded at the same time last year with 964 offrings.
The weekend’s 76 percent clearance rate is higher than one year ago, when 74.3 percent of reported results were successful.
Melbourne’s strongest performing sub-region was the outer East, with an 83 percent success across 49 auction results.
Kew had Melbourne's top sale when six bidders competed for <a href="https://www.realestate.com.au/property-house-vic-kew-123171118" target="_blank">83 Mount Street</a> (below) which fetched $3.66 million.
<img src="/images/2016/08/22/Screen%20Shot%202016-08-22%20at%208.14.14%20AM.png" alt="">
It was a finalist by Englehart Homes in the 1996 Housing Industry Association awards.
Another Kew offering at 61 Molesworth Street passed in at $3.65 million with no bidders. 
Melbourne had the nation's cheapest auction when a one bedroom apartment fetched $185,000 at <a href="https://www.domain.com.au/10-117-anderson-road-albion-vic-3020-2012957351" target="_blank">10/117 Anderson Road</a>, Albion through hockingstuart Point Cook. It last sold at $177,000 in 2012 when it was rented at $180 a week. It's last rental asking price was $210 in 2014. 
<img src="/images/2016/08/22/Screen%20Shot%202016-08-22%20at%208.15.23%20AM.png" alt="">
There were 124 Brisbane auctions held, jumping from 87 last week, but not quite reaching the same 143 offerings last year.
Brisbane prices ranged from $299,000 at Forest Lake to $1,514,500 million at Corinda for a <a href="https://www.realestate.com.au/property-house-qld-corinda-123193778" target="_blank">renovated 1920s Queenslander</a> (below).
<img src="/images/2016/08/22/400_QLDR.jpg" alt="">
Brisbane agents secured a 56 percent success compared to a one year ago at 54 per cent.
With 93 offerings, Adelaide’s clearance rate this week was 66 percent, falling from 68 percent, and lower than one year ago when it was 72 percent.
There were 44 auctions held in Canberra with its 72 percent clearance rate up from 59.6 per cent last week and higher than the 71 percent one year ago.
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