The residential transformation of St Kilda Road is set to continue into with more new apartment plans for the sought-after boulevard.

Wing Tai Asia has lodged plans for a major residential tower at 464-466 St Kilda Road, replacing the former VACC House with an 18-storey mixed-use development designed around a retained heritage podium and a sculpted contemporary tower.

The proposal, prepared under Victoria’s Significant Residential Development with Affordable Housing pathway, would deliver 325 apartments and ground-floor retail across the prominent 4,653 sqm boulevard site in Melbourne’s St Kilda Road North Precinct.

The project centres on the adaptive reuse of the site’s heritage-listed VACC Building, an eight-storey office designed by Bernard Evans that has occupied the address for decades. Planning documents state the development would involve “carefully dismantling and conserving off-site the original metal fabric of the podium visible from St Kilda Road,” before reinstating it as the defining frontage of the new scheme.

Above the restored podium, Wing Tai is proposing a curvilinear residential tower. The scheme includes 172 one-bedroom apartments, 63 two-bedroom apartments, 66 three-bedroom apartments, and 24 four-bedroom apartments, alongside two ground-floor food and beverage tenancies fronting St Kilda Road.

The tower has been designed with substantial articulation and variable setbacks to minimise perceived bulk and maintain view corridors along the boulevard. Urbis, which prepared the planning report, said the design “has been significantly articulated through a curvilinear design” with “an interplay with materials, façade expression and depth” to create visual separation and visual interest.

The proposal also includes 254 basement car spaces, landscaped pedestrian links connecting St Kilda Road and Queens Lane, and a biophilic landscape strategy featuring canopy trees, raised planters, cascading greenery and a glass oculus pool overlooking the eastern frontage.

Planning documents confirm the $270.1 million development will contribute 3 per cent of project costs to the Social Housing Growth Fund as part of the application process.

Wing Tai acquired the St Kilda Road property in 2018 alongside Abacus Property Group for $95.38 million, before later consolidating ownership of the site. The property previously served as the Victorian Automobile Chamber of Commerce headquarters for around 60 years.

The transformation of the St Kilda Rd boulevard is already beginning to materialise, with a number of high-profile projects recently completed, launched, or approaching launch as developers continue to back the long-term appeal of the precinct.

Among the most notable recent completions is Louise by Samuel Property Group, just off the strip on Queens Lane, the same pocket Hirsch &amp; Faigen recently launched The Queensbury. Mirvac is too on the same street with The Albertine, which is approaching completion.

Dexus recently secured approval for its slice of St Kilda Road, while Gurner also has approved plans for the precinct.

Joel Robinson

Wing Tai unveils 325-apartment St Kilda Road tower on former VACC House site

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>

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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[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Auctions

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The top price at any auction across the long weekend was when Highbury sold at $2.86 million in Sydney's Roseville, to narrowly eclipse a $2.84 million post-auction sale in Melbourne's Alphington.
Highbury is a <a href="https://www.realestate.com.au/property-house-nsw-roseville-122700522" target="_blank">five bedroom bungalow</a> (above) on 670 sqm at Roseville that last sold in 1995 at $530,000. It was briefly listed for sale in 2005 at $1.4 million but did not sell.
The Alphington result was a record suburb price bettering a $2.684 million result achieved by the <a href="https://www.realestate.com.au/property-house-vic-alphington-122684146" target="_blank">architect-designed 27 Keith St</a> last year.
The new record holder, completed 12 months ago, drew four bidders when 83 Fulham Road was offered through Nelson Alexander auctioneer Spiros Karagiannidis who'd passed it in at $2.83 million.
 
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jchancellor-FAypfDUnLy

Roseville and Alphington secure weekend top prices

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Adelaide's strong 78 percent weekend auction clearance rate was at year high - and the top result around the nation.
With subdued long weekend offerings, capital city auction volumes sat at 1,053, down significantly given most states and territories have a Monday public holiday.
The national 67 percent success rate compared to 68 per cent last week when there were 2,008 auctions, CoreLogic advised.
It was 75 percent one year ago.
Sydney vendors sustained their success rate in the 70s on the weekend.
With around 280 Sydney homes auctioned, Sydney didn't quite see the same fall in weekend activity that occurred in Melbourne where there were only 265 auctions.
Melbourne secured a 65 percent weekend success rate, a fall from 71 per cent last week. 
Prior to the lower volumes this week, over the past month, Melbourne has maintained a clearance rate in the low 70 percent range, representing stable conditions across the market.
The REIV reported the top clearance rate suburbs in May were Yarraville, Caulfield South and Pascoe Vale, each with more than nine in 10 homes sold at auction last month in these suburbs.
The best performing weekend sub-region was in Sydney, where the weather-battered Northern Beaches secured a stellar 95 percent success followed by the Mornington Peninsula, outside Melbourne, with a strong clearance rate of 93 percent, based on 15 results.
Melbourne will see one of its busiest June auction weekends next Saturday when more than 980 auctions are scheduled.
Next weekend's offerings include <a href="https://www.realestate.com.au/property-house-vic-hawthorn-122744242" target="_blank">14 Lyndhurst Crescent, Hawthorn</a> (above) with $3 million plus hopes given its modern Drew Cole extension behind its quaint cottage facade.
The Saturday Age even got the great Hawks full forward Peter Hudson to pose for a photo outfront of the pale grey facade because it was where he boarded in his early days of his football career.
The 1900s Hawthorn cottage, last traded for $1,511,000 in 2010, was where some 100 of the Hawks’ country and interstate recruits lived with Hawthorn supporter Percy Cavell, his wife Miriam and their four children during a two decade period from the 1960s.
Sydney will have around 650 listings next weekend.
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Long weekend auctions subdued ahead of June boost

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The Melbourne suburb of Craigieburn has auction volumes up 45 percent and sales up 88 percent from 2015 year to date figures, according to new research from the REIV.
The REIV state so far this year some 126 homes have sold at auction, up from 67 for the same period last year. The median house price has also increased, up 10 percent over March 2015 to $417,000.
REIV chief executive officer, Geoff White, said up-and-coming suburbs in the city’s north are relatively affordable and offer buyers great value for money.
“While Melbourne’s south-eastern suburbs saw some of the strongest auction volumes and price growth last year, buyers are now looking at alternative areas of Melbourne,” he said.
"Growth has also been recorded in South Morang, with auction volumes up 62 percent and annual house price growth of 7.4 percent to a median of $458,500.
"Higher auction volumes delivered strong results for vendors in the suburb, with 56 homes selling at auction this year – a 93 percent increase over 2015."
Other areas performing well according to the REIV include Epping and Thomastown, along with Roxburgh Park. 
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jonathanchancellor-7SQnKwU6yx

Auction volumes, sales up in Melbourne's Craigieburn 

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 Preliminary clearance rates for the Hunter region in New South Wales came to 66.7 percent for the week ending 5 June according to CoreLogic.
The Gold Coast came in at 35.3 percent, the Sunshine Coast at 43.percent. 
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NSW's Hunter region holds 66.7 percent clearance rate

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The top sale of the week ending 5 June was a waterfront Elizabeth Bay four bedroom home according to CoreLogic.
The property, 8/27 Billyard Avenue, Elizabeth Bay, sold for $8,550,000 through Richardson &amp; Wrench Elizabeth Bay / Potts Point 
Top Ten
8/27 Billyard Avenue, Elizabeth Bay, NSW 4 bed, 4 bath, 9 car unit $8,550,000 Richardson &amp; Wrench Elizabeth Bay / Potts Point 
20 Llandilo Avenue, Strathfiield, NSW 5 bed, 6 bath, 6 car house $5,700,000 Strathfield Partners Strathfield 
2A Fortescue Street, Chiswick NSW 5 bed, 3 bath, 2 car house $4,900,000 McGrath Estate Agents 
90 Bay Street, Mosman, NSW 3 bed, 3 bath, 2 car house $4,325,000 Simeon Manners Property Mosman 
17 Woodward Avenue, Strathfield, NSW 7 bed, 5 bath, 2 car house $4,200,000 Strathfield Partners Strathfield 
89 Armstrong Street, Middle Park, VIC 4 bed, 1 bath, 1 car house $3,950,000 Cayzer Real Estate Albert Park 
124 Powlett Street, East Melbourne, VIC 3 bed, 2 bath, 3 car house $3,520,000 Jellis Craig South Yarra 
7 Culverston Avenue, Denham Court, NSW 6 bed, 5 bath, 5 car house $3,500,000 McGrath Estate Agents 
27 Gibson Street, Bronte, NSW 5 bed, 2 bath house $3,490,000 Phillips Pantzer Donnelley Woollahra 
3 Plant Street, Malvern, VIC 4 bed, 2 bath, 2 car house $3,460,000 Jellis Craig Malvern 
 
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Seven from NSW in weekly top 10 sales: CoreLogic

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Melbourne had a preliminary clearance rate of 71.4 percent for the week ending 5 June, according to CoreLogic.
 Standout suburbs include the inner south region with a preliminary clearance rate of 79.2 percent and 60.6 percent across the south east region. 
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Melbourne's inner south reaches clearance rate of 79.2 percent: CoreLogic

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Sydney's preliminary clearance rate came in at 76.7 percent for the week ending 5 June, according to CoreLogic.
The volume of auctions held over the year to date is around 20 percent lower. according to CoreLogic, who noted Sydney's city and inner south region had the strongest preliminary clearance result at 85.7 percent, followed by Ryde at 85 percent and eastern suburbs at 84.9 percent.
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Sydney city and inner south region lead clearance rates 

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The preliminary auction clearance rate nudged higher over the first week of winter, however the number of auctions dipped compared with the previous week. 
There were 1,953 auctions held over the week, down from 2,480 last week, however higher than one year ago when 1,201 auctions were held and auction volumes were low due to the Queen’s birthday public holiday in all cities with the exclusion of Perth.
Preliminary results show that 70.4 percent of capital city auctions held this week were successful, rising from a final result of 67.7 percent last week. One year ago, across the lower number of auctions, 78.5 percent sold. Melbourne and Sydney, the two largest auction markets have maintained strength this week, while across the remaining, significantly smaller auction markets, results have been more varied.
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This week, 959 residential properties were taken to auction in Melbourne with 71.4 percent clearing, based on preliminary results. In comparison, over the previous week 1,170 auctions were held with a 71.5 percent clearance rate, while one year ago, given the following Monday was a public holiday, just 315 homes went to auction, with a strong clearance rate of 80.3 percent. While Melbourne as a whole had a clearance rate of 71.4 percent this week, across the individual sub-regions clearance rates ranged from as high as 79.2 percent across the Inner South region and as low as 60.6 percent across the South East region. The busiest sub-region for auctions was the Inner region with 180 auctions.
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Sydney’s clearance rate rose over the week from 73.2 percent last week to 76.7 percent. The number of auctions held across the city this week was lower than last week, at 654, compared to 811. One year ago 603 Sydney auctions were held with 88.7 percent clearing. So far this year, Sydney’s clearance rate has remained relatively robust, after dipping to as low as 52.9 percent at the end of last year. However, results across the city are substantially lower than they were at the same time last year, and the volume of auctions held over the year to date is around 20 percent lower. This week, the City and Inner South region had the strongest preliminary clearance result across the city (85.7 percent), followed by Ryde at 85 percent and Eastern Suburbs at 84.9 percent.
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This week auction activity across Brisbane fell, from 192 auctions last week to 129 this week. Last week Brisbane’s clearance rate was 41.7 percent, however preliminary results show a weekly rise to 55.4 percent this week. One year ago, 130 Brisbane auctions were held with a clearance rate of 48.5 percent. Across the Gold Coast, the preliminary clearance rate this week is 35.3 percent, compared to 40.7 percent last week. There were 46 auctions held across the region, down from 84 last week.
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The preliminary auction clearance rate for Adelaide was 67.2 percent this week, up from 52.6 percent last week, which was the second lowest clearance rate result seen across the city so far this year. 98 homes were taken to auction this week, compared to 125 last week. Over the corresponding week last year, 62 Adelaide auctions were held with 71.2 percent clearing.
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<img src="/images/2016/06/06/20160606-Adelaide.png" alt="">
Perth’s preliminary results show that 30 per cent of the 10 reported auctions were successful this week. Perth’s clearance rate tends to move around a lot, however this week’s result is only slightly lower than last week (30.6 percent) and down compared to last year (45.9 percent).
For the first time in five weeks, Canberra’s clearance rate edged over the 70 percent mark last week, recorded at 70.5 percent. This week, however, the clearance rate for the city fell to 46.8 percent across 77 auctions. One year ago, Canberra’s final auction clearance rate for the week was 61.3 percent across 38 auctions.
8 auctions were held across Tasmania this week, with 4 reported so far and 3 sold.
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Auction clearance rate maintains strength over first week of winter: CoreLogic's Shana Miller 

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The preliminary auction clearance rate nudged higher over the first week of winter, however the number of auctions dipped compared with the previous week, according to CoreLogic.
There were 1,953 auctions held over the week, down from 2,480 last week, however higher than one year ago when 1,201 auctions were held and auction volumes were low due to the Queen’s birthday public holiday.
The weekend's preliminary results show that 70.4 percent of capital city auctions held this week were successful, rising from a final result of 67.7 percent last week.
One year ago, across the lower number of auctions, 78.5 percent sold.
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Melbourne and Sydney, the two largest auction markets have maintained strength this week, while across the remaining, significantly smaller auction markets, results have been more varied.
This week, 959 residential properties were taken to auction in Melbourne with 71.4 percent clearing, based on preliminary results. In comparison, over the previous week 1,170 auctions were held with a 71.5 percent clearance rate, while one year ago, given the following Monday was a public holiday, just 315 homes went to auction, with a strong clearance rate of 80.3 percent.
While Melbourne as a whole had a clearance rate of 71.4 per cent this week, across the individual subregions clearance rates ranged from as high as 79.2 percent across the Inner South region and as low as 60.6 per cent across the South East region. The busiest sub-region for auctions was the Inner region with 180 auctions.
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Sydney’s clearance rate rose over the week from 73.2 percent last week to 76.7 percent. The number of auctions held across the city this week was lower than last week, at 654, compared to 811.
One year ago 603 Sydney auctions were held with 88.7 percent clearing. So far this year, Sydney’s clearance rate has remained relatively robust, after dipping to as low as 52.9 percent at the end of last year. However, results across the city are substantially lower than they were at the same time last year, and the volume of auctions held over the year to date is around 20 per cent lower.
This week, the City and Inner South region had the strongest preliminary clearance result across the city (85.7 percent), followed by Ryde at 85 percent and Eastern Suburbs at 84.9 percent.
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This week auction activity across Brisbane fell, from 192 auctions last week to 129 this week. Last week Brisbane’s clearance rate was 41.7 percent, however preliminary results show a weekly rise to 55.4 percent this week.
One year ago, 130 Brisbane auctions were held with a clearance rate of 48.5 percent. Across the Gold Coast, the preliminary clearance rate this week is 35.3 percent, compared to 40.7 percent last week. There were 46 auctions held across the region, down from 84 last week.
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<img src="/images/2016/06/06/Screen%20Shot%202016-06-06%20at%2010.24.57%20AM.png" alt="">
 
The preliminary auction clearance rate for Adelaide was 67.2 percent this week, up from 52.6 percent last week, which was the second lowest clearance rate result seen across the city so far this year. 98 homes were taken to auction this week, compared to 125 last week. Over the corresponding week last year, 62 Adelaide auctions were held with 71.2 per cent clearing. Perth’s preliminary results show that 30 percent of the 10 reported auctions were successful this week.
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<img src="/images/2016/06/06/Screen%20Shot%202016-06-06%20at%2010.26.23%20AM.png" alt="">
 
Perth’s clearance rate tends to move around a lot, however this week’s result is only slightly lower than last week (30.6 percent) and down compared to last year (45.9 percent). For the first time in five weeks, Canberra’s clearance rate edged over the 70 percent mark last week, recorded at 70.5 percent.
This week, however, the clearance rate for the city fell to 46.8 percent across 77 auctions. One year ago, Canberra’s final auction clearance rate for the week was 61.3 percent across 38 auctions. 8 auctions were held across Tasmania this week, with 4 reported so far and 3 sold. 
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Winter auction clearance rate nudges higher: CoreLogic

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Fireplaces are set to become an important selling feature as winter arrives, although selling agents haven't yet lit them all ablaze.
There were three downstairs fireplaces - but none lit in the marketing - at the East Melbourne top seller where the 1904 Chedhertha (above) fetched $5.1 million.
Listed by Caine Real Estate, 36-38 Hotham Street had $4.6 million-plus price guidance having last sold 93 years ago. The family who paid 2000 pounds in the 1920s for the quaint house named it after their children – Cedric, Herman and Bertha.
More elaborate fireplaces were on display, and in one room quitemodern, but again none of them were lit in the marketing of 231 Canterbury Road, St Kilda West (below) which was among the weekend's highest sales in Melbourne.
The Marshall White agent Michael Paproth sold it shortly after it was passed in at $4.85 million, with the buyers' agency in attendance, noting three bidders.
<img src="/images/2016/06/06/Screen%20Shot%202016-06-06%20at%209.11.30%20AM.png" alt="" width="578" height="370">
There was a blazing fire place at an architectural gem on offer at Mosman, although the $2.29 million buyer will knock down the Modernist, Arthur Cozens-designed two-bedroom house at 20 Bullecourt Avenue (below).
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The 1950s Mosman home commissioned by the late Stella Tottenham, an editor of the national architecture magazine Architecture, fetched $290,000 more than its reserve at weekend auction. 
Cozens designed a two-level, flat-roofed house sited high above Middle Harbour, built in warm-toned face brick with white timber fascias, sun-break louvres and window frames, an open-plan living space with fire place lined with natural timber, along with a window wall oriented to the view.
It was such cleverness of Australian small house design that was proclaimed in issue after issue of Architecture.
At Bellevue Hill the modern architectually-designed home that appeared on ABC's Dream Build series in 2013 has been listed for private treaty sale.
The 2010 new-build took on the best parts of the 1960s home designed by architect Henry Rossler that sat on the 923 sqm land parcel.
The four bedroom home was designed by Marsh Cashman Koolloos Architects (below).
<img src="/images/2016/06/06/Screen%20Shot%202016-06-06%20at%209.15.18%20AM.png" alt="">
It comes with a Cheminees Chazelles double-side, wood-burning fireplace.
Alison Coopes at Agency by Alison Coopes is taking offers on the Bulkara Road property with $10 million plus likely interest. 
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