Local developer Harridan is seeking to turn its Woolloongabba apartment project into the first stage of a broader transformation of Burke Street, using a new 16-storey mixed-use building to establish a greener pedestrian connection toward the rapidly evolving Boggo Road transport and knowledge precinct.

The South East Queensland developer has filed plans for 154 apartments on the <a href="https://www.apartments.com.au/new-apartments/4-burke-street-woolloongabba-qld-4102">southern side of Burke Street</a>, where its proposal has been designed alongside a wider vision by LatStudios for the street.

That vision positions the southern side of Burke Street for buildings of 15 storeys and above, while envisaging lower-rise development of up to five storeys on the northern side to transition into Woolloongabba's existing character housing. It also proposes wider pedestrian verges, deep planting, new street trees and upgrades to the pedestrian approach to Boggo Road Station.

The Harridan development itself has been designed by Brisbane-based Arqus Design and will comprise 154 apartments across 16 storeys. The mix is weighted heavily toward two-bedroom apartments, with 121 proposed alongside 10 one-bedroom and 23 three-bedroom residences. There will typically be around 14 units per floor.

A lower-ground car park and three podium levels will accommodate 156 resident parking spaces, along with visitor and commercial parking. There will also be 154 resident bicycle spaces and 40 visitor bicycle parks.

&nbsp;

Harridan is a family-owned developer and part of the Holmwood Highgate Group, with more than three decades of development activity across South East Queensland. Its portfolio spans residential, commercial and industrial property, with current residential projects including Riverbank on Byron in Bulimba, Esperance Residences in Carina and The Precinct at Kinross Road in Thornlands.

Wooloongabba has been popular for apartment developers, particularly since the announcement of the 2032 Summer Olympics games in Brisbane.

While there have been a lot of development applications, it has failed to materialize into real supply.&nbsp;

Sarazin has been the major player in the area. They are under construction at Murcia Residences, on the fringe of East Brisbane and Woolloongabba. They have just launched <a href="https://www.apartments.com.au/new-apartments/the-stanley-residences-woolloongabba-8-trafalgar-street-woolloongabba-qld-4102">The Stanley Residences</a>, in Woolloongabba on Trafalagar Street. They also have Nuage coming soon on the nearby <a href="https://www.apartments.com.au/new-apartments/nuage-woolloongabba-14-wellington-road-woolloongabba-qld-4102">Wellington Road</a>.

Joel Robinson

First look: Harridan plans Burke Street transformation beside Boggo Road transport hub

IN BRIEF

<ul>
	<li>
	Just three double-storey Sky Homes sit at the top of The Waterline, each with its own private marina berth and rooftop terrace.
	</li>
	<li>
	Construction on The Waterline is complete, with the first residents expected to move in from mid-October.
	</li>
	<li>
	Sky Homes range from 282 sqm to 367 sqm and are priced from $3.65 million.
	</li>
</ul>

<hr />
Lewis Land has opened the first completed sky home for inspection at Harbour Shores, giving buyers their first opportunity to step inside one of just three double-storey residences crowning The Waterline.

Each sky home comes with its own private marina berth, rooftop terrace and Broadwater views, combining the scale of a larger home with direct access to the boating lifestyle that underpins the wider <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan.

[smartcode_project:default project_id=113271 project_image_fid=366708]

Lewis Land Head of Development Michael Long said the inclusion of a berth with every Sky Home had become increasingly valuable as marina access across the Gold Coast tightened.

“Marina berths are becoming increasingly difficult to secure across the Gold Coast, so including one with every Sky Home makes this a genuinely rare offering,” Long said.

“The private 70-berth marina will accommodate boats up to 12 metres in length and is positioned just 2.5 kilometres from the Broadwater, placing the open ocean only 15 minutes away.

“Being able to step out of your home onto your boat is a rare luxury, and it’s something residents here can look forward to when it opens later this year.”

[smartcode_project:default project_id=113271 project_image_fid=366709]

The display opening comes as construction completes on The Waterline, with the first residents expected to move in from mid-October.

The three Sky Homes range from 282 sqm to 367 sqm and each feature three bedrooms, three bathrooms, multiple living zones, expansive kitchens with butler's pantries and large balconies taking in the Broadwater outlook.

Each residence also has three secure basement car spaces and additional storage.

“This is the first opportunity the Gold Coast has had to step into Harbour Shores and see, touch and feel what we’re bringing to life here,” Long said.

“There are only three Sky Homes within The Waterline, ranging in size from 282sqm to 367sqm, with each residence featuring three large bedrooms, three bathrooms, multiple living zones, expansive custom-built kitchens with butler’s pantry, and large balconies capturing Broadwater views.”

<img alt="Harbour Shores" data-entity-type="file" data-entity-uuid="bab65e10-4fab-45e1-92d8-fc56e2ab98ff" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%202.00.16%E2%80%AFPM.png?VersionId=XT8q76LsPkw3cYTsvN3JfFDaPLud90PN" />

Residents of The Waterline will have access to a private pool, along with Harbour Shores' wider collection of amenity including a lagoon pool, social clubhouse, tennis court, gym, yoga facilities and sauna.

Lewis Land partnered with Studio Collective to furnish the completed display, with the interiors designed to demonstrate how the residences could function as permanent homes rather than simply as show apartments.

Studio Collective Director Melissa Park said the surrounding waterways informed the interiors, but in a more restrained way than a traditional coastal scheme.

“We drew inspiration from the canals and coastal surrounds, but our approach was to interpret that subtly through layered materials and a grounded palette of earthy tones, rather than literal coastal references,” Park said.

“We introduced hero moments of green and teal to reference the surrounding waterways, while mirrored elements help reflect natural light.

“The result is a residence that feels elevated yet comfortable, somewhere buyers can genuinely imagine themselves living, entertaining and unwinding.”

Sky Homes are priced from $3.65 million.

Lewis Land is also offering private marina berths with The Residences, its limited collection of three and four-bedroom villas positioned directly along the Harbour Shores waterfront boardwalk.

Three-bedroom villas are priced from $2.99 million, while four-bedroom residences start from $3.19 million.

Harbour Shores is being marketed by Colliers International.

[smartcode_project_cta:default project_id=113271]

Lewis Land opens sky home display as The Waterline completes at Harbour Shores

St Vincent de Paul Society Housing Australia has filed plans for a major mixed-use housing precinct on the southern edge of the North Sydney CBD, adding another significant proposal to a pocket around North Sydn​ey Station that is quickly becoming one of the LGA's busiest development zones.

The State Significant Development Application covers a 5,990 sqm site at <a href="https://www.apartments.com.au/new-apartments/1-19-mackenzie-street-lavender-bay-nsw-2060">1-19 MacKenzie Street and 211 Blues Point Road in Lavender Bay</a>, immediately south of Nor​th Sydney Station and between the commercial core and the lower-rise Lavender Bay Heritage Conservation Area.

Designed by Wardle, the proposal would deliver a new residential tower comprising 88 build-to-sell apartments and 19 affordable apartments, alongside a separate co-living building with 57 rooms and a building manager's studio.

It would also see the significant restoration and upgrade of St Francis Xavier Catholic Church, the adaptive reuse of the former school building, new parish facilities, retail, a new public square and around 1,000 sqm of publicly accessible open space.

<img alt="Vinnies North Sydney" data-entity-type="file" data-entity-uuid="d5dd7f87-a617-463e-b577-17541e01f0e9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.10.13%E2%80%AFAM.png?VersionId=4R8TsFN3P_LrrXO2HswTOIrx2blil8lh" />

The project is seeking a concurrent rezoning of the site to R4 High Density Residential and an increase in the maximum building height to allow a tower reaching RL120, or up to 20 storeys. The proposal was progressed through the NSW Government's Housing Delivery Authority pathway.

The build-to-sell component will be weighted toward larger apartments, with just six one-bedroom apartments compared with 31 two-beds, 43 three-beds and eight four-bedroom residences.

The 19 affordable apartments will comprise two studios, 15 one-bedroom apartments and two two-bedroom apartments, taking the total apartment component to 107 residences before the 58 co-living rooms are included.

<img alt="Vnnies" data-entity-type="file" data-entity-uuid="7d568ca5-cb90-4e18-96c6-d9795dba0c56" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.10.05%E2%80%AFAM.png?VersionId=GY2R5M9VtQh0EKy1vajaea19PSLOPuRD" />

Wardle's design for the Vinnies site has sought to negotiate that emerging high-rise context while retaining the lower-scale character of MacKenzie Street and the adjoining heritage conservation area.

The main building adopts a three-storey podium and tower arrangement, with the podium aligned to the ridgeline and front setback of St Francis Xavier Church.&nbsp;Wardle has designed the podium with colonnades, seating, recessed entries and active ground-floor frontages, with sandstone-toned precast concrete and face brick referencing the materiality of the existing church.

The tower then steps back eight metres to the south and six metres to the north before rising in a sculpted form comprising four interlocking quadrants. Wardle has also introduced rounded forms and chamfered corners to reduce the tower's perceived bulk and improve view sharing with neighbouring development sites.

Resident facilities and outdoor areas are planned at the separation between the podium and tower at Level 3, oriented toward Sydney Harbour and the CBD skyline.

The tower itself will feature a glass reinforced concrete facade, with recessed balconies and deep reveals used both to provide shading and privacy and frame views toward the harbour and city. The lower levels take a different architectural approach, using brick and sandstone-toned finishes intended to establish a stronger relationship with St Francis Xavier Church. The Church itself will be conserved and upgraded for its continued use, while the former school building will be adaptively reused as part of the co-living component.

<img alt="Lavendar Bay" data-entity-type="file" data-entity-uuid="2d4418ad-90aa-4d49-af93-c80b140aea80" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.09.47%E2%80%AFAM.png?VersionId=Kv4gzbsACaGvZSRuaqcfGC54jEJRXIDJ" />

&nbsp;

The proposal adds to an increasingly concentrated pipeline of residential development around Blue Street, MacKenzie Street and Lavender Bay.

Just west of the site, Central Element lodged plans earlier this year for one of the most significant residential developments proposed in Lavender Bay in recent years.

Central Element's SJB-designed scheme at 64-66 Lavender Street and 3-7 Middlemiss Street would deliver 163 apartments across two towers rising 23 and 32 storeys, replacing five existing apartment buildings containing 32 homes. The project also forms part of the Housing Delivery Authority pathway.

<a href="https://www.apartments.com.au/news/nsw/first-look-central-element-reveals-lavender-bay-apartment-plans?utm_source=chatgpt.com" rel="noopener" target="_blank">First look: Central Element reveals Lavender Bay apartment plans</a>

Immediately around North Sy​dney Station, another two significant proposals have emerged at 5 and 15 Blue Street.

Zurich Australian Insurance Properties is seeking to adaptively reuse its longstanding commercial building at 5 Blue Street, directly above North Sydney Station, rather than demolishing the structure.

Its SSDA proposes converting the building into a 14-storey mixed-use development with 62 apartments and 86 co-living rooms, together with ground-floor retail and a major refurbishment of Blue Street Plaza. The application is currently at the Response to Submissions stage.

<a href="https://www.apartments.com.au/news/nsw/first-look-zurich-targets-north-sydney-office-conversion-with-148-unit-proposal-above-metro-station">First look: Zurich targets North Sydney office conversion with 148-unit proposal above Metro station</a>

&nbsp;

First look: Vinnies files for 20-storey Lavender Bay apartment tower as North Sydney housing pocket heats up

When the opportunity arose for South Australian developer Palumbo to return to Kent Town, where it had previously delivered East Park Apartments and the East 
Rundle Apartments, it wasn't one the longstanding developer-builder was going to pass up.

The decision was quickly vindicated, with more than 30 apartments sold within the first month of launching <a href="https://www.apartments.com.au/new-apartments/royal-apartments-kent-town-2-8-north-terrace-kent-town-sa-5067">Royal Apartments</a> to the market.

The 206-apartment development, which will bring significant new supply to Adelaide's tightly held eastern city fringe, also gives <a href="https://www.apartments.com.au/developers/palumbo">Palumbo</a> the opportunity to bring new life to one of Kent Town's most recognisable watering holes.

[smartcode_project:default project_id=6109 project_image_fid=376073]

Royal Apartments incorporates the historic Royal Hotel, a venue Palumbo Managing Director Daniel Palumbo said has a longstanding connection with the local community.

"Everyone in the area has history with the Royal Hotel," Palumbo told Apartments.com.au.

"It was quite an active pub and social gathering place for locals. We want to bring it back to its former glory."

[smartcode_project:default project_id=6109 project_image_fid=376072]

The wider development will comprise two residential towers alongside the restored hotel, sitting on North Terrace opposite the Adelaide Park Lands.

For Palumbo, the project also marks a return to familiar territory.

The developer completed East Park Apartments next door more than a decade ago and jumped at the opportunity to develop in Kent Town again when the Royal Hotel site became available.

"The opportunity emerged, and we moved to secure the site," Palumbo said.

"We were approached by the previous landowner, who said they had extensive commitments in Sydney and weren't in a position to deliver the project.

"We took over the site and within six months recut the design scheme to be more in keeping with the type of development we want to bring to Adelaide.

"Now we're on the market and those changes have really resonated with local buyers."

That has translated into a strong start to sales, with 33 apartments transacting in the project's first 35 days.

Palumbo said the early purchaser profile had been consistent with the group's traditional focus on owner-occupiers rather than investor-led apartment stock.

"Local owner-occupiers have always been our market," he said.

"There are always some investors, but we've never developed what would be called traditional development stock. Owner-occupiers are very much our market."

[smartcode_project:default project_id=6109 project_image_fid=376068]

The buyer mix has been diverse so far, with downsizers and younger professionals both accounting for a significant portion of early sales.

South Australia's current stamp duty settings, which allow&nbsp;eligible homeowners in South Australia aged 60 savings of up to $103,830 on stamp duty when they downsize to a new property valued at up to $2 million,&nbsp;have helped encourage downsizer activity, while younger buyers in their late 20s and early 30s have been attracted to the opportunity to live immediately outside the CBD while still being able to walk into the city.



Location has been a major part of the proposition for both buyer cohorts.

[smartcode_project:default project_id=6109 project_image_fid=376075]

Royal Apartments sits on North Terrace directly opposite the Adelaide Park Lands, with residents able to walk through the parklands toward the East End, Rundle Street and Rundle Mall.

Apartments have been positioned to capture views across the parklands, Adelaide skyline, Botanic Gardens and Adelaide Hills.

Palumbo believes the scarcity of developable land along this section of the Park Lands makes the site particularly difficult to replicate.

"There's very few allotments on that side that can be developed," he said.

"If this location was in New York and you were sitting on Central Park, you'd be talking about a $60 million apartments."

Royal Apartments will offer a broad mix of residences, ranging from one-bedroom apartments through to four-bedroom sub-penthouses and penthouses.

Current listings include one-bedroom apartments from $680,000, while larger three and four-bedroom residences are priced around $2.5 million.

Residents will have access to a swimming pool, gym, barbecue and recreation areas, residents' lounge and dining space, and a communal deck.

[smartcode_project:default project_id=6109 project_image_fid=376067]

The apartments will feature generous balconies, while secure parking, bicycle storage and storage cages will also be provided.

A porte-cochère-style arrival and drop-off area has also resonated with buyers, particularly those attracted to being able to walk into the CBD during the day while retaining secure vehicle access at home.

Palumbo is acting as developer, architect and builder on Royal Apartments, continuing the vertically integrated model it has used across its South Australian portfolio.

The group was also behind the $150 million Sofitel Adelaide, the 251-room five-star hotel and residential tower which opened in 2021.

Palumbo said Royal's launch had come at an interesting time for the broader Adelaide apartment market.

Buyer confidence had initially been impacted by uncertainty surrounding the Federal Budget and broader economic conditions, but Palumbo believes sentiment is beginning to improve against a backdrop of significant investment flowing into South Australia.

He pointed to increased activity across defence and resources, including Olympic Dam, as potential long-term drivers of the state's economy and housing market.

"Money is starting to flow into Adeliade, significant amounts as Adelaide bucks the trend of the rest of the country.," Palumbo said.

"There's a lot of activity in the economy over the next decade. I think more investment will come into this market."

Early works on Royal Apartments are expected to commence this year, with major construction activity and cranes anticipated on site from early next year.

[smartcode_project_cta:default project_id=6109]

Palumbo's return to Kent Town strikes early chord with buyers

Go-to builder-developer <a href="https://www.apartments.com.au/developers/graya">GRAYA</a> is continuing to bulk out its already impressive and diverse apartment portfolio across South East Queensland. Their latest milestone is securing development approval for Silk, its boutique riverfront apartment development in St Lucia.

The approval clears&nbsp;the way for the team to begin construction planning for the 22-residence project.

<a href="https://www.apartments.com.au/new-apartments/silk-st-lucia-16-18-sandford-street-st-lucia-qld-4067">Silk</a> will rise 15 levels from an 810 sqm site at 16-18 Sandford Street, occupying a prominent bend of the Brisbane River with a prized northern aspect across Orleigh Park toward the Brisbane CBD.

The approved scheme will comprise 16 split-floor and six full-floor residences, continuing GRAYA's move into larger-format apartment developments targeting Brisbane's prestige owner-occupier market.

The project has been designed around the site's broad river frontage and dual-direction views, with GRAYA prioritising larger residences, privacy and outlook over apartment yield.

<img alt="Silk St Lucia" data-entity-type="file" data-entity-uuid="aa5c2349-f96c-4914-a812-1f2cd6827af8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%208.25.44%E2%80%AFAM.png?VersionId=WY0vEU_7vYjeRJKQHiCwFdMxu8PvFh52" />

GRAYA Co-founder and Chief Executive Officer Rob Gray said the project had been shaped around local homeowners wanting to remain in St Lucia without maintaining a traditional family home.

"St Lucia is one of those suburbs people do not want to leave," Gray said.

"They know the river, the trees, UQ, the golf course, Toowong and Indooroopilly, and that familiarity is hard to replace.

"True riverfront opportunities here are exceptionally scarce. What we have designed at Silk is a way to stay in the suburb people love, with the scale and privacy of a private home and far less to maintain.

"This is not typical apartment product. It is a proper home on the river, and that is exactly what this market has been missing."

The approval comes as new apartment development continues to increase across the St Lucia and neighbouring Toowong corridor, although direct riverfront sites remain considerably more tightly held.

GRAYA Co-founder and Managing Director Andrew Gray said securing the approval had removed a significant element of development risk from Silk.

"Genuine riverfront sites of this quality in St Lucia are not something that comes up regularly," Gray said.

"The approval removes a substantial layer of execution risk, and the location underwrites demand in a way very few inner-city sites can.

"The fundamentals here are as strong as anything we have assessed in Brisbane."

<img alt="Silk St Lucia" data-entity-type="file" data-entity-uuid="d0f3d734-65e1-48e8-8ed3-2e0715ffcdd9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%208.25.56%E2%80%AFAM.png?VersionId=sOLSs_jdHkXLWbBKzRyayf5BfTb2vPsD" />

Silk will see GRAYA return to a stretch of the Brisbane River where it already has recent construction experience. The vertically integrated group recently completed ARC in neighbouring Toowong as builder for developer Spyre, delivering the riverfront project on a constrained site.

GRAYA will take a different role at Silk, controlling the project from design and development through construction and aftercare under its vertically integrated model.

The development will include a gym and resident leisure areas at ground level, integrated with the river's edge.

Silk joins a growing pipeline for GRAYA across Brisbane and the Gold Coast, which includes Enclave, The Gallery, Coral and Ripple.

The developer-builder has also recently lodged plans for its largest project to date, <a href="https://www.apartments.com.au/new-apartments/the-silo-19-chester-street-newstead-qld-4006">The Silo</a>, a proposed <a href="https://www.apartments.com.au/news/qld/graya-buys-frasers-newstead-site-plans-the-silo-between-james-street-and-gasworks-precincts">$700 million mixed-use development</a> in Brisbane's James Street precinct.

Silk is expected to predominantly target local owner-occupiers and prestige buyers seeking a permanent riverfront home in Brisbane's inner west.

Registrations of interest are now open, with further details on the project and construction program to be released as it progresses.

<hr />
<h2>SILK PROJECT FACTS</h2>

Developer-builder: GRAYA

Project: Silk

Location: 16-18 Sandford Street, St Lucia

Apartments: 22

Built form: 15 levels

Site: 810 sqm riverfront holding

Mix: 16 split-floor and six full-floor residences

Status: Development approved

Next step: Construction planning underway

[smartcode_project_cta:default project_id=152168]

GRAYA greenlit for riverfront St Lucia apartment development, Silk

Auctions

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Currently, CoreLogic RP Data is tracking 2,651 auctions across Australia for this week, with 2,177 scheduled across the capital cities.
 Last week there were 2,540 capital city auctions and over the same week one year ago, there were 1,535 capital city auctions. Last year, 65.0% of the homes taken to auction sold, which is a softer result when compared to current activity. Last week, the final weighted average clearance rate was 78.6%, yet another strong result in what has been a record strong year for auctions so far, mostly driven by the solid results across Sydney.
There are 961 Melbourne homes set to go to auction this week, 1,139 Melbourne homes were taken to auction last week, with a final auction clearance of 81.7%. Last year there were 710 Melbourne auctions over the corresponding week.
Currently, in Sydney, 854 auctions are expected this week, compared to 914 last week and a lower 618 at the same time last year. Last week, Sydney’s final auction clearance rate was 87.3%, the second highest result on record for the city. Given the latest rate cut by the RBA, we anticipate another strong result again this week, with the clearance rate potentially shifting even higher.
In Brisbane, last week’s auction clearance rate was 47.3% across 192 auctions, while this week, the number of homes taken to auction is set to fall to 151.
Adelaide is expecting 90 auctions this week, a much lower number when compared to last week, when there were 167 auctions, but comparable to the same time last year, when 89 Adelaide homes were taken to auction.
There are currently 75 auctions scheduled across Canberra this week, compared to 59 last week and 33 last year.
Across Perth, 38 auctions are expected this week, compared to 47 last week and just 15 at the same time last year.
Across Australia the highest volume of auctions in one suburb are the 21 in Reservoir, Victoria.
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smiller-vwPjRHTkST

Increased sales at auction a likely result of the latest interest rate cut: Shana Miller

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Around 600 plus potential buyers have looked at the listing of a forthcoming online Melbourne off the plan apartment auction.
It sits on the bidRhino.com online property auction website, which has launched its service with an off the plan auction offering at 603/79 Market Street, South Melbourne.
Bidding was scheduled to start today on <a href="https://thewalkerapartments.com.au/plans/603.jpg" target="_blank">the 61 square metre apartment</a> in the ITUM-developed project. The bids are sought at $530,000 plus.
The live, auction portal aims to revolutionise the property market as residential properties can be listed and potential buyers or tenants can securely bid with just a digital click. 
bidRhino.com online auctions are being marketed as an easy method for sale
bidRhino director Michael Cavey said the basic fee for selling property is $498. 
“bidRhino.com supports the research habits of hundreds and thousands of home-buyers and sellers with over 90% of all property buyers doing all their research solely online," he said.
 <img src="/images/2015/04/24/off-april-24-three.jpg" alt="">
<a href="https://www.bidrhino.com.au/vic/for-sale/South-Melbourne/603/79-Market-Street/id-1546" target="_blank">With initial $575,000 plus price guidance</a>, the auction opportunity is to secure an off the plan property in The Walker apartment complex.
Positioned in the heart of South Melbourne, which is due for early 2016 completion.
This apartment comprises two bedrooms, one bathroom, and an open terrace, in the 67 apartment building that has an architecturally adapted heritage façade.
<img src="/images/2015/04/24/off-april-24-four.jpg" alt="">
<img src="/images/2015/04/24/off-april-24-five.jpg" alt="">
It is anticipated that each property will be listed online for three to six weeks, during which time bidders can register to bid on any property.
Once the auction itself begins, all registered and approved bidders can bid on the property until the auction is finished. 
When the auction has ended and the reserve price or weekly, rental price has been met, the highest bidder becomes the successful purchaser. 
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jchancellor-FAypfDUnLy

bidRhino.com online South Melbourne auction offering attracts 600 online inspectees

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Sydney's cheapest auction offering sold a week before Saturday's scheduled auction at Cabramatta.
It went for $400,000 through Sam Tea at Richardson &amp; Wrench Cabramatta. There were just nine sales at weekend auction at $500,000 or below.
The 39/65 McBurney Road, Cabramatta apartment was a two bedroom with balcony.
It last sold at $260,000 in 2011 and $216,000 in 2004, and at $98,500 in 2001.
The late 1970s block's previous highest sale was $370,000 in late 2014 for a 68 square metre two bedroom. It was then put out for rent at $310 a week, reflecting around 4.3% rental yield.
It sold in 2001 at $103,000.
Sydney's other sub-$500,000 weekend auction sales were:
7/10 Betts Avenue, Blackhurst, one bedroom unit $460,000
8 Leonard Street, Colyton, three bedroom house $471,000
8/21 Mount Street, Constitution Hill two bedroom house $490,000
18/12 Enmore Road, Newtown studio $460,000
16/13-17 The Strand, Rockdale one bedroom unit $435,000
9/16-18 Roslyn Gardens, Rushcutters Bay studio $432,000
24/543-551 Elizabeth Street, Surry Hills studio $455,000
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Cabramatta had Sydney's cheapest auction offering - what you get for $400,000

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This week there were 2,419 capital city auctions held and the preliminary clearance rate was 79.0%, a good start to May, following on from last week’s record result (82.3%) across the capital city auction markets, when just 604 auctions were held.  
This week’s preliminary clearance rate is the third strongest combined capital city clearance rate on record, topped only by last week’s clearance rate and the 79.7% recorded in mid-September 2009. At the same time last year, 2,053 homes were taken to auction and the clearance rate was 63.2%.
<a href="https://blog.corelogic.com.au/wp-content/uploads/2015/05/20150503-Capital-City.jpg"><img class="aligncenter size-full wp-image-4639" src="https://blog.corelogic.com.au/wp-content/uploads/2015/05/20150503-Capital-City.jpg" alt="20150503 Capital City" width="983" height="735"></a>
Melbourne’s preliminary clearance rate this week was 81.3%. There were 1,110 auctions held across the city and so far 963 results have been reported. Last week, only 183 Melbourne homes were taken to auction, however demand was still strong, with 86.6% of homes selling.
 One year ago, Melbourne’s clearance rate was almost 20 percentage points lower, at 61.9%, while auction volumes were also lower, with 891 auctions held. This week, six out of the nine individual Melbourne sub-regions saw auction clearance rates above the 80% mark. The strongest performer this week was the Outer East region, where, across the 72 results reported, 65 were sold (90.3%).
<a href="https://blog.corelogic.com.au/wp-content/uploads/2015/05/20150503-Melbourne.jpg"><img class="aligncenter size-full wp-image-4634" src="https://blog.corelogic.com.au/wp-content/uploads/2015/05/20150503-Melbourne.jpg" alt="20150503 Melbourne" width="988" height="664"></a>
There were 839 Sydney auctions this week with a preliminary clearance rate of 87.3%, down from 89.7% last week and much higher than the 71.4% from one year ago. 
This week marks the 13th week in a row where Sydney’s clearance rate has been above 80%, and based on preliminary results, this is the third week in a row where Sydney’s clearance rate has been recorded at 87% or more. These strong results are no surprise given that one third of Sydney’s individual sub-regions recorded a preliminary clearance rate in excess of 90%.
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This week, Brisbane’s preliminary clearance rate fell to 49.5% from 61.5% last week and 42.4% at the same time last year. There were 186 Brisbane auctions this week, compared to 41 last week and 142 last year. Across the Gold Coast there were 90 auctions held this week and so far 53 results have been reported with just 17 sales.
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In Adelaide 158 auctions took place this week with a clearance rate of 72.5%. In comparison, at the same time last year, 97 Adelaide homes were taken to auction and 62.7% were reported as sold.
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A total of 45 Perth homes were taken to auction over the week, up from 12 last week. Based on the preliminary results, Perth’s auction market was relatively soft this week, with just 27.8% of the 18 reported auctions sold so far, compared to 42.9% last week.
In Canberra, the auction clearance rate increased to 81.5% this week, from 71.4% last week.
This week, 15 Tasmanian auctions were reported to CoreLogic RP Data, with 6 sales.
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Third strongest combined capital city clearance rate on record: Shana Miller

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Sydney recorded an 89% auction clearance rate this week, according to Australian Property Monitors.
Of the 580 auctions reported, 530 sold and 15 were withdrawn.
One that was passed in on Saturday was <a href="https://www.domain.com.au/property/for-sale/house/nsw/sylvania/?adid=2011939600" target="_blank">8 Canberra Road in Sylvania</a> (pictured below), in southern Sydney. Listed by Exclusively Property with a $1.26 million price guide, the four bedroom house was passed in $1,205,000. The 15 year old property remains listed at $1.26 million.
<img src="/images/2015/05/04/sylvania%20may%204.jpg" alt=""> According to listing agent Vanessa White, the vendors are still keen to get $1.26 million for the home.
"And that's their prerogative as the vendor, isn't it," she says. "We're not in the business of giving homes away for free, we've got to try to get the best price."
The single level, four bedroom house sits on a 721 square metre plot.
Another that failed to sell at auction this weekend was <a href="https://www.domain.com.au/property/for-sale/house/nsw/auburn/?adid=2011889186" target="_blank">8 Pine Road in Auburn</a> (pictured above).
The three bedroom house was passed in at its auction on Saturday afternoon. The north-facing, 505 square metre site is zoned R3, which allows medium density redevelopment with the council's consent.
The house has one bathroom, two kitchen and multiple entertaining areas. After failing to sell at auction, it has been relisted at $1,020,000.
Closer to the city, <a href="https://www.domain.com.au/for-sale/104c-wells-street-newtown-nsw-2042-2011895750" target="_blank">104c Wells Street</a> (pictured below), a three bedroom, attached house in Newtown was passed in at $1.29 million. The renovated period house is on a tight 108 square metre site. Listing agent Hugh Mcfarlan of Raine &amp; Horne Chatswood/Willoughby, who marketed the property, tells Property Observer the auction saw competitive bidding, with three active bidders.
While the bidders didn't get to the vendor's desired price under the hammer, the property is currently under contract after negotiations with one of the bidders, with a price above $1.3 million.
<img src="/images/2015/05/04/newtown%20may%204.jpg" alt=""> <a href="https://www.domain.com.au/property/for-sale/house/nsw/chatswood/?adid=2011890153" target="_blank">15 Centennial Avenue in Chatswood</a> (pictured below) was listed with a price guide over $3 million. The four bedroom, two bathroom property comes with development approval for two separate units, with 11 bedrooms total. The north-east facing corner site is located close to Chatswood High School and the railway station.
<img src="/images/2015/05/04/chatswood%20may%204.jpg" alt="">
The home passed in at auction at $3 million. It's understood the vendors have expectations around $3.4 million to $3.5 million, and negotiations are taking place with a bidder who put in a $3.25 million offer. Vendors paid $418,000 for the property in October 1994.
In Bronte, <a href="https://www.realestate.com.au/property-house-nsw-bronte-119412567" target="_blank">144A Hewlett Street</a> (pictured below) was passed in at $5.1 million. The contemporary home by architect Michael Folk has four bedrooms and three bathrooms, with views over Bronte Beach and a swimming pool.
<img src="/images/2015/05/04/bronte%20may%204.jpg" alt=""> Listing agent Simon Exleton of McGrath Edgecliff says bidding opened at $4.8 million, with three registered bidders.
"When you get in the five million range, it starts to get a bit clunky", Exleton says of the premium auction market. The vendors are still negotiating with buyers, hoping for a price in the mid-$5 million range.
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jrichardson-uRX5hFdKfN

The 11% that didn't sell in Sydney auctions

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Marshall White auctioneer James Tostevin secured a strong $6.35 million result when <a href="https://www.marshallwhite.com.au/57-broadway-camberwell-235798/" target="_blank">57 Broadway, Camberwell</a> went to weekend auction.
Tostevin was recently<a href="/news/james-tostevin-secures-third-win-as-australias-top-selling-agent"> named Australia's top selling selling agent</a> for the third consecutive year by Real Estate Business.
The auction was held in the park opposite the house, starting with a $5.2 million vendor bid. The 1896 home last sold at in December 2003 at $1,577,500.
Buyer's agent Mal James recalled there was a queue to get in during the open for inspections.
"While different, it had many similarities with the home we bought over $6 million a few doors away with the same agent (James Tostevin), same type (big period), same overseas buyer interest, same locale (Tara estate) a little while ago," James advised.
"Same incredibly strong turnout and result north of $6 million occurred for this brilliantly presented home – the value of fastidiousness and attention to detail was as good as I’ve seen – well done seller."
Ailu (pictured below), the 1885 Camberwell mansion, became the suburb's record price holder at auction last May. It fetched $6.8 million at its Marshall White auction with three strong bidders.
<img src="/images/2014/05/26/camberwell_0000_1.jpg.jpg" alt="Ailu, the 1885 Italianate Camberwell mansion, fetches $6.8 million record price">
The landmark Italianate, slate roofed Victorian residence on a 1,580 square metre block, last sold for $1.1 back in 1996. Locals advise that the earlier Camberwell record was set when lawyers Peter Gordon and partner Kerri O'Toole secured $6.275 million in 2012 for 69 Broadway. It was a five bedroom 1901 home on a 3300 square metre holding sold through Kay &amp; Burton which had likewise sold in the mid-1990s, selling at $1.25 million in 1998.
CoreLogic RP Data puts <a href="/news">Camberwell</a>'s median at a near record $1.38 million. 
CoreLogic RP Data's latest sale advisory gave the cheapest Victorian home to sell as 228 Broadway, Dunolly (pictured below) for $110,000 through Kate Ashton at Ballarat Real Estate. The Central Goldfields Shire district cottage last sold at $78,000 in 2008.
<img src="/images/2015/05/04/dunolly%20may%204.jpg" alt="">
There are 13 Broadway's across Victoria from Altona North to Wycheproof.
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Broadway homes star in recent Victorian sales- both at the cheapest and dearest ends

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Sydney's weekend clearance rate has headed even higher to 89%.
On busy weekends during the Autumn selling season, the auction success rate has incrementally risen to regular new record levels.
And APM put Melbourne at 82%.
A home in Sydney's Burwood was the top sale at $3.45 million through Raine &amp; Horne agent Guy Lorello who was giving $2.6 millii plus guidance.
The <a href="https://www.realestateview.com.au/Real-Estate/13-ethel-street-burwood/Property-Details-buy-residential-8557388" target="_blank">five bedroom 13 Ethel Street offering</a> sits on an elevated 854 square metre complete with a north facing rear garden and BBQ gazebo plus a huge three-car garage with internal access.
The block cost $520,000 in 1998, with the house built at least 12 years ago.
<a class="photobox cboxElement" href="https://www.realestateview.com.au/portal/viewphotos?OID=8557388&amp;popup=photos" style="line-height: 1.3em;"><img src="https://images.realestateview.com.au/pics/388/13-Ethel-Street-Burwood-NSW-2134-Real-Estate-photo-1-large-8557388.jpg" alt="13 Ethel Street Burwood NSW 2134 Real Estate Photo 1" title="13 Ethel Street Burwood NSW 2134 House - Photo 1"></a>
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<div id="soldbanner">In Melbourne it was an unrenovated knockdown on <a href="/expert-insights/buying/flight-centres-geoff-harris-extends-wings-on-st-vincent-place-albert-park">Albert Park's exclusive St Vincent Place</a>.</div>
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<div>April's overall auction clearance rate of 83.6 percent was an all-time monthly high for Sydney just ahead of the previous record set in March this year of 82.8 percent.</div>
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Only the Melbourne market of winter 2001 recorded higher auction clearance rates than Sydney is currently experiencing - and only just, APM senior economist Dr Andrew Wilson said.
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<div>Sydney’s red hot auction market took a rest over ANZAC Day last weekend following weeks of recording breaking results which had peaked at 88%.</div>
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The inner west hosted the most number of auctions this weekend in Sydney with 99 followed by the city and east and the upper north shore each with 91, the south 88, and the lower north 62.
The most popular Sydney suburb for auctions was Lane Cove North with 12 followed by Mosman and Epping each with 11.
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<h2>APM's most expensive </h2>
<table style="width: 605px;" border="0" cellspacing="0" cellpadding="5">
<thead><tr bgcolor="#4b9aaf">
<th bgcolor="#4694a9" width="70">CITY </th>
<th align="center" width="auto">Location </th>
<th align="left" width="80">Value Sold </th>
</tr></thead>
<tbody align="left">
<tr id="rpMostExpensive_trMostExpensiveRow_0">
<td id="rpMostExpensive_tdMostExpensiveCity_0" align="left">Sydney</td>
<td id="rpMostExpensive_tdMostExpensiveLocation_0">13 Ethel St, Burwood NSW 2134, 5 br House, R&amp;H Burwood</td>
<td id="rpMostExpensive_tdMostExpensiveSold_0">$3,450,000</td>
</tr>
<tr id="rpMostExpensive_trMostExpensiveRow_1">
<td id="rpMostExpensive_tdMostExpensiveCity_1" align="left">Melbourne</td>
<td id="rpMostExpensive_tdMostExpensiveLocation_1">67 St Vincent Pl, Albert Park VIC 3206, 3 br House, Greg Hocking Holdsworth</td>
<td id="rpMostExpensive_tdMostExpensiveSold_1">$4,210,000</td>
</tr>
<tr id="rpMostExpensive_trMostExpensiveRow_2">
<td id="rpMostExpensive_tdMostExpensiveCity_2" align="left">Adelaide</td>
<td id="rpMostExpensive_tdMostExpensiveLocation_2">44 Marion St, Unley SA 5061, 3 br House, Belle Property Unley</td>
<td id="rpMostExpensive_tdMostExpensiveSold_2">$1,210,000</td>
</tr>
<tr id="rpMostExpensive_trMostExpensiveRow_3">
<td id="rpMostExpensive_tdMostExpensiveCity_3" align="left">Brisbane</td>
<td id="rpMostExpensive_tdMostExpensiveLocation_3">15 Sentinel Ct, Cleveland QLD 4163, 5 br House, East Coast Residential &amp; Prestige</td>
<td id="rpMostExpensive_tdMostExpensiveSold_3">$1,950,000</td>
</tr>
</tbody>
</table>
 
<h2>APM's most affordable </h2>
<table style="width: 605px;" border="0" cellspacing="0" cellpadding="5">
<thead><tr bgcolor="#4b9aaf">
<th bgcolor="#4694a9" width="70">CITY </th>
<th align="center" width="auto">Location </th>
<th align="left" width="80">Value Sold </th>
</tr></thead>
<tbody align="left">
<tr id="rpMostAffordable_trMostAffordableRow_0">
<td id="rpMostAffordable_tdMostAffordableCity_0" align="left">Sydney</td>
<td id="rpMostAffordable_tdMostAffordableLocation_0">34 Katoomba Av, San Remo NSW 2262, 3 br House, R&amp;H Charmhaven</td>
<td id="rpMostAffordable_tdMostAffordableSold_0">$317,000</td>
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<td id="rpMostAffordable_tdMostAffordableCity_1" align="left">Melbourne</td>
<td id="rpMostAffordable_tdMostAffordableLocation_1">11 Jacks Wy, Maribyrnong VIC 3032, 4 br House, Rendina Real Estate</td>
<td id="rpMostAffordable_tdMostAffordableSold_1">$100,000*</td>
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<td id="rpMostAffordable_tdMostAffordableCity_2" align="left">Adelaide</td>
<td id="rpMostAffordable_tdMostAffordableLocation_2">3 Napoleon Ct, Paralowie SA 5108, 3 br House, LJH Walkerville</td>
<td id="rpMostAffordable_tdMostAffordableSold_2">$330,000</td>
</tr>
<tr id="rpMostAffordable_trMostAffordableRow_3">
<td id="rpMostAffordable_tdMostAffordableCity_3" align="left">Brisbane</td>
<td id="rpMostAffordable_tdMostAffordableLocation_3">2/111 Kingston Rd, Woodridge QLD 4114, 2 br Townhouse, HAR M1</td>
<td id="rpMostAffordable_tdMostAffordableSold_3">$166,000 
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APM's price records seemingly dropped a 0, as the property was marketed with $950,000 hopes. 
 
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Sydney's weekend clearance rate heads even higher to 89%

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A strong clearance rate of 80% was recorded at Melbourne auction, after 905 auctions were reported to the REIV.
It compared to 69% this weekend last year.
The highest sale reported to the REIV was $4.21 million in Albert Park, with <a href="/expert-insights/buying/flight-centres-geoff-harris-extends-wings-on-st-vincent-place-albert-park">whispers it sold to the neighbouring BRW Rich Lister Geoff Harris</a>.
There was a total volume of $642 million with the 83% success rate for houses triggering an $839,000 median house price sale, according to REIV chief Enzo Raimondo. 
The clearance rate for apartments was 74% with a median $616,000 price.
Unreported sales included $2,565,000 for the Wayne Gillespie-designed Toorak house of the Sydney-based TV presenters Andrew Denton and Jennifer Byrne.
Fairfax Media reported it had last sold at $2.35 million in 2010, reflecting less than 2% annual price growth. There were four bidders after the opening $2.2 million offer.
The four-bedroom house at <a href="https://www.realestateview.com.au/Real-Estate/24-woodside-crescent-toorak/Property-Details-buy-residential-8615230" target="_blank">24 Woodside Crescent</a> (pictured above) was listed through Kay &amp; Burton. It sits in a cul-de-sac with a pool and European-inspired terrace.
It was briefly advertised for rent at $1700 a week in May last year.
Another Toorak home, also bought in 2010 was sold at weekend auction for $4.6 million, having been bought for $3.79 million at 7 Power Avenue.
The Georgian-style, three-storey house at 7 Power Avenue was first sold by Neil and Nada Youren at $1.25 million, the top sale at the weekend when it was offered in 1995. The 772 square metre block cost $500,000 in 1994.
The most popular suburbs for auctions across Melbourne were South Yarra, Preston, Reservoir, Cheltenham, Brunswick and Glen Waverley this weekend.
REIV TOP 5 HOUSES 
1. 67 St Vincent Place, Albert Park $4,210,000 2. 23 Orrong Road, Elsternwick $3,010,000 3. 9 Glenview Avenue, Malvern $2,990,000 4. 37 Hopetoun Avenue, Canterbury $2,830,000 5. 81 Bogong Avenue, Glen Waverley $2,510,000 
REIV TOP 5 BARGAIN HOUSES 
1. 2 Chelmsford Crescent, St Albans $300,000 2. 13 Photinia Street, Doveton $302,000 3. 28 Welwyn Parade, Deer Park $313,000 4. 19 Deveney Street, Pakenham $315,000 5. 3 Eugenia Street, Doveton $320,500
REIV TOP 5 APARTMENTS 
1. 2/27 Darling Street, South Yarra $2,175,000 2. 3B Bryson Avenue, Brighton $2,115,000 3. 32A Sunlight Crescent, Brighton East $1,755,000 4. 20 Waverly Street, Sandringham $1,677,000 5. 10A Butler Street, Camberwell $1,485,000 
REIV TOP 5 BARGAIN APARTMENTS 
1. 4/6 Mayston Street, Hawthorn East $201,000 2. 5/6 Mayston Street, Hawthorn East $230,000 3. 36A Windrock Avenue, Craigieburn $236,000 4. 180A Grand Boulevard, Craigieburn $242,500 5. 36 Windrock Avenue, Craigieburn $257,000
Source <a href="https://www.reiv.com.au/Property-Research" target="_blank">REIV</a>
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Less than 2% annual price growth as Andrew Denton and Jennifer Byrne secure Melbourne auction sale 

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CoreLogic RP Data is currently tracking 2,871 auctions across Australia this week and 2,295 of these are in the capital cities. At the same time last year, auction volumes were lower at 2,053.
Last weekend marked the final weekend for auctions in April and while the number of auctions was low, the combined capital city clearance rate remained strong, showing that the demand for the homes that did make it to auction did not waver. The final auction clearance rate for last week was 82.3% across 604 auctions. While last week’s clearance rate is the strongest result on record, given Anzac Day, auction volumes were around 70% lower than the average number of auctions that has been held each week so far this year.
Last week’s result brings the April clearance rate for the combined capitals to 78.8%, well above the same time last year when the clearance rate over the month was 66.4% and higher than the 76.6% recorded in March.
Currently, there are 1,033 auctions scheduled in Melbourne for this week, compared to 891 at the same time last year. Last week, the clearance rate across the 183 auctions held was 86.6%, a strong result, despite the low volume. Last week’s result brings the clearance rate for April to 79.7%.
In Sydney, the auction clearance rate for last week was 89.7% across 285 auctions. The result was the strongest on record for the city; however, given the low number of auctions, it could be argued that it was not as significant as the 87.0% recorded across 988 auctions the previous week. This week, Sydney is expecting 815 residential auctions. Over the past four weeks, April proved to be a strong month for Sydney, with the auction clearance rate above 83% each week.
There are 172 auctions expected across Brisbane this week, compared to 41 last week and 142 at the same time last year. The final auction clearance rate was recorded at 61.5% for Brisbane last week, a strong result for the city.
This week, Adelaide is expecting 156 auctions, up from 59 last week and 97 at the same time last year. Last week Adelaide’s clearance rate was 59.2%.
Canberra’s auction clearance rate from last week was 71.4% with just 23 homes taken to auction. This week, CoreLogic RP Data is expecting 55 auctions which are relatively similar to the 47 homes taken to auction one year ago.
There will be 43 Perth homes taken to auction this week, up from 12 last week and 41 at the same time last year.
The highest volume of auctions for any one individual suburb this week is outside of the main capital city auction markets in Armidale, New South Wales. Currently, CoreLogic RP Data is tracking 21 Armidale homes that are set for auction this week. The number of auctions scheduled in the Victorian suburbs of South Yarra (18) and Reservoir (17) is also high.
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Residential auction markets set to become busy again: Shana Miller

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The Elizabeth Bay home of the historian Victor Crittenden, who died last May, fetched $700,000 at Cooley Auctions this week.
He had long been a longtime Elizabeth Bay local, buying some four decades ago.
The one bedroom apartment, with study, was set on the top floor of the art deco block, Chesham.
It sold through Brigitte Blackman at LJ Hooker.
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