<a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a> offers plenty of reasons to live vertically, but moving from a substantial family home into an apartment can expose the compromises of high-density living. Privacy, room for guests and usable living space tend to matter more when an apartment is intended as a permanent home rather than an occasional coastal base.

A typical residential floor at <a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a>, on Surf Parade,&nbsp;contains just four apartments. The 94-residence development by <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> is predominantly made up of expansive three-bedroom homes, with a limited collection of half-floor penthouses above.

Across the apartment floors, <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has used the relatively limited number of residences to give each home greater access to natural light and outlook. Living spaces extend towards full-height glazing, while a series of bay windows frame selected views across the Pacific Ocean, city and hinterland rather than treating the building edge as a continuous wall of glass.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360965]

“The apartment floors deliver a collection of homes that embrace controlled outlook via a series of bay windows deliberately framing moments of view,” Rothelowman Director Kim Lowman said.

From outside, those projecting forms contribute to the tower’s faceted profile. Strong horizontal and vertical elements establish its proportions, while the changing position of the sun alters the light, shadow and reflection across the façade throughout the day.

The same attention moves inside the apartments, where the material palette combines warm timber, natural stone, metallic detailing and softer curved forms. Kitchens sit within the main living zone, with stone island benches, integrated joinery and European appliances, before the living areas extend towards the glazing and the outlook.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360981]

Three genuine bedrooms provide room to accommodate family and guests, while two secure car spaces and storage address some of the practical considerations that can become more noticeable when moving from a larger home. Feedback from the display suite has centred on the warmth and restraint of the interiors, with buyers commenting that the residences feel like homes rather than conventional coastal apartments.

A limited collection of half-floor penthouses occupies the upper levels, increasing the scale of the living spaces and adding private balconies and elevated finishes. From this position, the outlook extends between the ocean and hinterland.

Outside the private residences, The Eveleigh separates its shared spaces between the podium and rooftop. The podium is centred on wellness, with subtropical landscaping surrounding a swimming pool and pool terrace, yoga garden, private gymnasium, sauna and hot and cold plunge facilities. Landscaped retreats and pavilions provide additional places to sit away from the main recreation areas.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360966]

Higher in the building, a rooftop pavilion and private dining suite sit alongside resident lounge, barbecue and outdoor dining areas, opening towards panoramic views across the ocean, city and hinterland.

“Buyers are no longer just looking for an apartment, but a lifestyle where they can relax, reset, and enjoy a balanced way of living,” Hirsch &amp; Faigen Director of Sales Matt George said.

Interest to date has come from established owner-occupiers and interstate lifestyle purchasers, including buyers planning a future move to the Gold Coast. Many are coming from larger homes and want to reduce ongoing maintenance without giving up space for family and guests, privacy, two car spaces or the ability to entertain at home.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360969]

Much of that daily life can also take place beyond the building without requiring a drive. Kurrawa Beach and Pratten Park are an easy walk from Surf Parade, while Pacific Fair, Oracle Boulevard, The Oasis, restaurants, cafés, entertainment and public transport are also within walking distance.

The Eveleigh is Hirsch &amp; Faigen's fourth Gold Coast development since entering the market in 2021, following The Hemingway at Palm Beach, The Emerson at Kirra and Yves at Mermaid Beach. Each of the preceding projects sold out before completion.

“Broadbeach had been on our radar throughout our time operating on the Gold Coast,” the developer said. “Following our projects in Palm Beach, Kirra and Mermaid Beach, Broadbeach represented the natural next step for the business.”

The Surf Parade site brought together proximity to the beach, protected coastal outlooks and walkability to dining, shopping and recreation. Hirsch &amp; Faigen also identified the street as an emerging premium residential address, with enough separation from Broadbeach's busier destinations to retain a quieter environment at home.

The Eveleigh is now under construction by Maxcon, with completion forecast for mid-2028. Three-bedroom residences are currently available from $2.87 million.

[smartcode_project_cta:default project_id=149670]

Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

A long-stalled Campbelltown development site is back in play, with new plans for 139 apartments set to supersede a mixed-use scheme approved almost a decade ago but never built.

The new proposal for 28 Cordeaux Street would deliver 116 market and 23 affordable apartments in a part 14-storey building, bringing a substantial new project into a Campbelltown market where new apartment supply remains limited.

Plans have been filed over the 3,092 sqm corner site at Moore-Oxley Street, around 600 metres from Campbelltown Railway Station and the city-centre retail core.

The site already carries a mixed-use residential approval dating to 2016. Doroch Architects has now been engaged on a larger replacement scheme, which is progressing as a State Significant Development Application following a Housing Delivery Authority determination in August 2025.

The apartment mix comprises 39 one-bedroom, 72 two-bedroom and 28 three-bedroom residences. Two-bedroom apartments make up just over half of the project, while three-bedroom homes account for 20 per cent.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="136dd5b9-3791-4da6-9e31-76f533f5b4de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da2.png?VersionId=LgOSy9nwf5u.MGswBBwaGGxuX8QpHSl_" />

Of the 139 apartments, 23 will be delivered as affordable housing under the in-fill affordable housing provisions of the Housing SEPP. The affordable component represents 15 per cent of the residential gross floor area and will be managed by a registered Community Housing Provider.

Doroch has sought to break the scale of the building into two distinct elements, with a masonry podium of around four storeys establishing the street edge before the residential tower steps back above.

The corner position has shaped that approach. Cordeaux Street faces toward the commercial and civic centre, while Moore-Oxley Street leads into the lower-scale residential neighbourhood to the south, and the design verification report describes the site as "bridging the commercial core to the north and established residential areas to the south."

The podium will be expressed predominantly in face brick, while the upper levels shift to brushed and grooved concrete cladding with darker metal detailing. Recessed sections, deep balcony edges and landscaping break down the upper form, with an approximately 11.8-metre setback to the northern boundary addressing the adjoining St Peters Anglican School.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="c8b3d2d3-c561-4bfc-a5d9-a68c0c10dac1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da1.png?VersionId=AeAEyJU02Gk2k5noUj2StziCvdQ7fW4B" />

Campbelltown has been starved of new residential developments in the last decade.

The only other notable development set to come to market this year is ALAND's Queen Square, a mixed-use precinct on over two hectares that will comprise apartments above a vibrant ground-level retail and hospitality dining precinct.

First look: New 139-apartment plans revive long-stalled Campbelltown city centre site

First Look: Sherlock Construction pitches apartments for low-rise Deception Bay

Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

First look at MAYD's North Kirra mixed-use precinct

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Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

&nbsp;

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</main>

Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

Clearance Rate

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Melbourne agents offered a weekend auction smorgasbord of culinary-connected inner city offerings.
<a href="https://www.realestate.com.au/property-house-vic-carlton+north-125308038" target="_blank">The Carlton North home</a> (above) of late Japanese restaurateur, Kunihiro “Kuni” Ichikawa fetched $2.3 million.
There were eight bidders seeking the 278 sqm two bedroom Reserve Street offering which was built for him in 1967 with Japanese influences.
Alexkarbon selling agent Tony Downward noted Ichikawa introduced sushi to Australia after opening Kuni’s in the CBD in 1977.
He lived there until he died early last year aged 67.
There was a $740,000 sale of an apartment above the Collingwood eatery, The Noble Experiment.
<img src="https://www.urban.com.au/images/2017/05/21/Screen%20Shot%202017-05-22%20at%208.18.52%20AM.png" alt="">
<a href="https://www.realestate.com.au/sold/property-apartment-vic-collingwood-125311910" target="_blank">The apartment</a>, (above) located in the old Comarty's building located on the corner of Smith and Otter Streets, had traded in 2007 at $497,500.
The pre-auction selling range was $700,000 to $770,000.
At Fitzroy North a three-bedroom apartment atop an Italian restaurant attracted keen interest.
<img src="https://www.urban.com.au/images/2017/05/21/Screen%20Shot%202017-05-22%20at%208.20.39%20AM.png" alt="">
Nelson Alexander Fitzroy auctioneer Arch Staver said the $975,000 price was $225,000 above reserve when an investor outbid four others to win the keys of <a href="https://www.realestate.com.au/sold/property-house-vic-fitzroy+north-125312074" target="_blank">the Queens Parade offering</a> (above).
The weekend preliminary auction average clearance rate has risen again to 77 percent on the second last Autumn weekend, according to CoreLogic’s latest update.
Auction activity across the combined capital cities increased this week too, up from 2,409 auctions last week, to 2,794 this week, making it the sixth busiest week so far this year.
The clearance rate across the combined capitals was 77.2 percent, increasing from a final clearance rate of 72.8 percent over the previous week.
At the same time last year, both volumes (1,920) and the clearance rate (68.9 percent) were lower.
The two largest auction markets, Melbourne and Sydney, saw their preliminary clearance rates rise, with Sydney at 80.7 percent and Melbourne at 79.2 percent, although Kevin Brogan, the CoreLogic auction analyst said that Sydney, and to a lesser extent Melbourne, tend to revise down over the week when the remaining results are captured.
Over the previous week, Sydney’s preliminary clearance rate of 79.4 percent was revised down to 74.5 percent when finalised.
Across the smaller capital city markets, Brisbane was the only city where preliminary clearance rates fell week-on-week.
Sydney was host to 1,053 auctions this week and a preliminary clearance rate of 80.7 percent was recorded, rising from 74.5 percent last week across 960 auctions.
One year ago, 735 auctions were held across Sydney and 73.2 percent were successful.
It was the strongest result since April 9.
Eight of the 15 sub-regions recorded clearance rates of at least 80 percent with the stand outs being Sydney's Inner West 88.9 percent and Sutherland's 88.6 percent.
A Sydney Harbour waterfront house at Northbridge sold for $9.3 million making it the nation’s most expensive weekend auction sale.
<img src="https://www.urban.com.au/images/2017/05/21/Screen%20Shot%202017-05-22%20at%208.24.01%20AM.png" alt="">
The <a href="https://www.realestate.com.au/property-house-nsw-northbridge-125329386" target="_blank">67 Coolawin Road</a> home (above) on 1890 sq m was marketed through Shead Property as a "once in a generation opportunity." 
The Middle Harbour home has an extensive garden that leads to a private boat house and pontoon along with wide level garden frontage.
There were 1,323 auctions held in Melbourne this week with a preliminary clearance rate of 79.2 percent. 
This week’s result shows a rise in the clearance rate for the city, after Melbourne’s final clearance rate was recorded at 75 percent last week, the lowest clearance rate for the city so far this year.
Over the same week last year, Melbourne’s clearance rate was 70 percent across 843 auctions.
Melbourne's highest was a four bedroom 1907 Queen Anne Federation house at Camberwell.
<img src="https://www.urban.com.au/images/2017/05/21/Screen%20Shot%202017-05-22%20at%208.25.26%20AM.png" alt="">
Agents secured $5.02 million for Croydon at <a href="https://www.realestate.com.au/sold/property-house-vic-camberwell-125286186" target="_blank">28 Kintore Street</a>, (above) positioned in the highly-prized Tara Estate close to Junction shopping.
Last sold in 1994 for $650,000, and before that $116,000 in 1979, the century-old charmer set on almost 900q m, was offered through Jellis Craig who had a price guide of $4.5 million to $5 million.
The Herald Sun reported there had been a $5 million reserve for the home that attracted three bidders.
Melbourne had the cheapest sale of the nation when a two bedroom villa at Melton South sold for $251,000.
<img src="https://www.urban.com.au/images/2017/05/21/Screen%20Shot%202017-05-22%20at%208.28.33%20AM.png" alt="">
Located at <a href="https://www.realestate.com.au/property-house-vic-melton+south-125247254" target="_blank">1/18 Toolern Street</a>, the 1980-built villa was marketed as suitable for first home buyers, investors and downsizers.
It last sold at $207,000 in 2012.
There is 90 sqm space with indoor/outdoor zones comprising of central lounge/meal area that opens to an alfresco courtyard.
The property was offered through Raine &amp; Horne agents Kieran Carson and Genna Di Pasquale.
Of the Melbourne sub-regions, seven of the nine regions recorded clearance rates at or above 75 percent, with the highest clearance recorded across the Outer East, with preliminary results showing 87.8 percent of the 98 results were successful.
There were 160 Brisbane homes taken to auction this week, with 93 results reported so far. 
A six bedroom Clayfield house sold for $1.75 million through Ray White agent Damon Warat was Brisbane’s most expensive reported weekend auction sale.
<img src="https://www.urban.com.au/images/2017/05/21/Screen%20Shot%202017-05-22%20at%208.33.55%20AM.png" alt="">
Located at <a href="https://www.realestate.com.au/property-house-qld-clayfield-125260494" target="_blank">122 Alexandria Road</a>, the property has been recently renovated. It last traded in 2010 at $1.3 million.
The preliminary clearance rate for Brisbane at 51.6 percent, was the only capital city down from last week, when it was 59 percent, but similar to one year ago, when 50.9 percent of the 131 properties taken to auction were successful.
In Adelaide, a 70.4 percent preliminary result was recorded this week across 114 auctions.
The 102 Adelaide auctions returned a clearance rate of 63 percent, while at the same time last year, 92 homes were taken to auction, with 68.8 per cent recording a successful result.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/05/21/700_esplanade.jpg" alt="">
There was no sale when a stunning six-bedroom Glenelg North Victorian-Italianate style home at <a href="https://www.realestate.com.au/property-house-sa-glenelg+north-125280622" target="_blank">36 North Esplanade</a> (above) attracted three registered bidders, but then no bids.
Adelaide's cheapest sale was a two bedroom Kent Town unit sold for $342,000.
<img src="https://www.urban.com.au/images/2017/05/21/Screen%20Shot%202017-05-22%20at%208.52.09%20AM.png" alt="">
Located at <a href="https://www.realestate.com.au/sold/property-unit-sa-kent+town-125359730" target="_blank">3/2-8 College Road</a>, (above) the property last sold in 2005 at $230,000.
Set 10 minutes from Rundle Street, the property was offered through Harris Real Estate who had offered $320,000 price guidance.
Across Canberra, 85 homes were taken to auction this week.
Preliminary results show a clearance rate of 75.3 percent, up from 74.3 percent the previous week.
A five bedroom elevated Red Hill house sold for $1.541 million making it Canberra's most expensive weekend auction sale.
<img src="https://www.urban.com.au/images/2017/05/21/Screen%20Shot%202017-05-22%20at%208.53.19%20AM.png" alt="">
Located at <a href="https://www.realestate.com.au/sold/property-house-act-red+hill-125308426" target="_blank">26 Fishburn Street</a> (above), the property that overlooks a treetop landscape had last sold at $1.38 million in 2015.
The 1960s home, with 1990s renovation, was marketed with additional potential for redevelopment or renovation through Peter Blackshaw Real Estate agent Andrew Chamberlain.
Perth’s preliminary clearance rate was 50 percent this week, up from 42.1 percent last week.
This week 48 Perth homes were auctioned.
At the same time last year, 42.9 percent of Perth auctions cleared.
 
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j.ballantyne1990-6AQqhLzZaK

Strong May weekend for Sydney, Melbourne auctions

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Melbourne weekend auctions are up year on year with March weekend clearance rates around 79.4 percent compared to 73.4 percent in March last year.
Andrew Wilson from Domain said next weekend numbers will be well down by comparison with just over 900 auctions listed.
"A higher clearance rate was recorded at the weekend despite a surge in pre-school holiday listings with 1351 auctions scheduled compared to 1212 the previous weekend," he said.
"Although the Melbourne housing market is in top shape for sellers, the local rental market remains tough for tenants, with February asking rents for houses surging 5.3 percent over the past year. Unit rents were also higher, increasing by 1.3 per cent since February last year.
"Melbourne’s northern suburbs are booming and recorded another strong weekend clearance rate at 90 percent.
"Behind but still strong was the south-east at 83.1 per cent followed by the north-east at 82.9 percent, the inner east at 80.8 percent and the outer east at 79.6 percent.
"The inner south recorded a clearance rate of 78.9 percent followed by the west at 78.8 percent and the highest sales at 152, and the inner city at 78.4 percent."
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jonathanchancellor-7SQnKwU6yx

Melbourne's northern suburbs leads weekend clearance rate

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The Sunshine Coast had the highest weekend auction clearance rate in the regionals, according to CoreLogic’s latest report.
The property data firm says that the Sunshine Coast had an auction clearance rate of 84.6 percent.
This is followed by the Hunter with 82.4 percent and Wollongong with 75 percent.
<a href="https://www.propertyobserver.com.au/images/2017/03/20/Screen%20Shot%202017-03-20%20at%2012.51.58%20pm.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/20/Screen%20Shot%202017-03-20%20at%2012.51.58%20pm.jpg" alt="">
Gold Coast had the lowest clearance rate with only 54.6% of auctions cleared.
A two bedroom apartment at <a href="https://www.realestate.com.au/sold/property-apartment-qld-mooloolaba-123720546" target="_blank">1104/25 – 27 First Avenue</a>, Mooloolaba (above) was sold for $509,000.
Similarly a three bedroom unit at <a href="https://www.realestate.com.au/sold/property-unit-qld-mooloolaba-124692042" target="_blank">2/14 Yallanga Place</a>, Mooloolaba (below) was sold for $421,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/20/2_14%20Yallanga%20Place.jpg" alt="">
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Sunshine Coast earns top spot with highest regional auction clearance rate: CoreLogic

<html><body><div class="tg-tlc-storybody_intro">
<div class="tg-tlc-storybody_intro">
A $9 million Toorak sale topped the nation's weekend auction sales.
Napier, the humble three bedroom offering attracted five bidders selling more than $2 million over reserve at its RT Edgar auction. 
The 870 sqm property at <a href="https://www.realestate.com.au/property/12-st-georges-rd-toorak-vic-3142" target="_blank">12 St Georges Road</a> (above) last sold at $1 million in 1995, reflecting 10 percent annual price growth.
It represented the first time $10,000 plus had been paid per square metre in Toorak, according to one buyers' agent in attendance.
Melbourne also had the nation's cheapest result when $250,000 was paid for a two bedroom Tullamarine villa.
<img src="/images/2016/11/14/Screen%20Shot%202016-11-14%20at%208.52.12%20AM.png" alt="">
The <a href="https://www.realestate.com.au/property-villa-vic-tullamarine-123865218" target="_blank">2/30 Banksia Grove</a> offering (above), currently a $270 a week rental, had $220,000 to $240,000 pre-auction price guidance.
Weekend auction clearance rates have again strengthened with Sydney still leading the pack.
The national capital city preliminary clearance rate increased this week from last week’s final of 73.6 percent to 77.5 percent, with auction volumes also showing an increasing trend over the week, according to CoreLogic.
There were 2,843 auctions held across the combined capital cities, up from 2,517 a week ago.
However volumes sit lower than the corresponding period last November when 3,274 auctions were reported.
"Late November and early December have historically shown the highest number of auctions," Kevin Brogan at CoreLogic said.
"As the number of auctions trends higher over the coming weeks, the larger stock levels will provide a timely test of the auction markets strength."
Melbourne’s preliminary clearance rate improved a tad as auction volumes increased over the week.
Preliminary results showed 77.2 percent of auctions were successful this week, up slightly from 76.1 percent last week.
There were 1,313 auctions held in Melbourne, up from the 927 reported last week; although lower than the 1,567 reported over the corresponding week last year.
The inner region of Melbourne had the highest number of auctions this week (257), with a preliminary clearance rate of 77 per cent. Melbourne's strongest clearance rate was recorded across the Outer East region and West region, with preliminary result showing 86 percent and 82 percent of auctions were successful.
In Sydney, 1,062 auctions were held this week, down slightly from 1,087 over the previous week.
The preliminary clearance rate of 84.2 per cent is up from this time last year, when a clearance rate of 58 percent was recorded across 1,223 auctions.
The Sutherland region recorded the strongest clearance rate of 95 percent across 54 auctions.
Sydney's auction strength saw results including a <a href="https://www.realestate.com.au/sold/property-warehouse-nsw-glebe-123848398" target="_blank">$1.69 million shed in Glebe</a> (below) sold with ­approval for a residential conversion.
<img src="/images/2016/11/14/Screen%20Shot%202016-11-14%20at%208.53.56%20AM.png" alt="">
Selling agent Nicholas Katsikaros, of LJ Hooker Glebe, said about 35 contracts were issued for the 14 Reuss St property which was 272sq m in size.
A single storey, four-bedroom Chatswood home sold for more than $1 million above its reserve price when offered for the first time in 50 years.
Keen bidding from buyers of Chinese origin triggered the $5.3 million price for <a href="https://www.realestate.com.au/sold/property-house-nsw-chatswood-123860594" target="_blank">8 Havilah St</a> (below).
<img src="/images/2016/11/14/Screen%20Shot%202016-11-14%20at%208.54.53%20AM.png" alt="">
It was a 556sq m block opposite Chatswood Chase shopping centre.
Sydney's highest sale when $6.2 million was paid in Greenwich for a <a href="https://www.realestate.com.au/property/4-bay-st-greenwich-nsw-2065" target="_blank">six bedroom home with boatshed</a> (below).
<img src="/images/2016/11/14/Screen%20Shot%202016-11-14%20at%208.56.05%20AM.png" alt="">
It last sold in 1984 for $210,000.
It had been offered earlier this year with an $8 million asking price.
Canberra was the second strongest auction market at 83 percent, compared to 71 percent last week and 63 percent last year.
Prices in the national capital ranged from $370,000 at Holt for a three bedroom townhouse to $1.38 million for a five bedroom <a href="https://www.realestate.com.au/property-house-act-nicholls-123874450" target="_blank">Nicholls house, Il Palazzo</a> (below).
<img src="/images/2016/11/14/Screen%20Shot%202016-11-14%20at%208.57.33%20AM.png" alt="">
There were 97 Canberra auctions held across the city, down from 117 last week and also lower than the 102 held at the same time last year
In Brisbane 191 auctions were held this week, compared to 198 auctions last year and 181 last week.
Some 53 per cent of auctions were sold, up from 50 per cent last week and also last year when 39 percent of Brisbane auctions were successful.
Australia’s richest woman Gina Rinehart has listed her redundant Brisbane riverfront in Chelmer for <a href="https://www.realestate.com.au/property-house-qld-chelmer-123875214" target="_blank">auction next weekend</a> (below).
<img src="/images/2016/11/14/Screen%20Shot%202016-11-14%20at%208.58.30%20AM.png" alt="">
The modern Sutton St was bought in 2010 for $3.175 million. It was offered as a rental at $2000 per week in 2012.
Adelaide recorded a clearance rate of 68 percent across 129 auctions this week.
There were 42 Perth auctions with the preliminary clearance rate of 43 percent, up from 30 percent last week.
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jchancellor-FAypfDUnLy

$9 million Toorak sale tops weekend auction results

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The Hunter region in New South Wales has a preliminary clearance rate of 87.2 percent for the week ending 6 November, according to CoreLogic.
Wollongong holds a preliminary clearance rate of 82.5 percent.
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NSW's Hunter region secures preliminary clearance rate of 87 percent

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Melbourne's inner region has a preliminary auction clearance rate of 75.3 percent from 168 total auctions for the week ending 6 November according to CoreLogic.
The inner south had a preliminary clearance rate of 84.9 percent.
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Melbourne's inner region has a preliminary auction clearance rate of 75 percent: CoreLogic

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The Northern Beaches sub-region of Sydney has shown the strongest performance with 92 percent of the 111 reported as sold over the past week.
It included the Thursday twlight auction when the North Curl Curl home of model Jennifer Hawkins and builder, husband Jake Wall sold.
They secured a $5,235,000 sale of the Koichi Takada-designed five bedroom, three bathroom home that had been listed with $4.8 million expectations.
<a href="/images/2016/11/07/Screen%20Shot%202016-11-07%20at%2012.34.11%20PM.png" target="_blank">Click to enlarge</a>
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Preliminary clearance rate for Sydney's Northern Beaches at 92 percent: CoreLogic

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A likely $16 million private treaty trophy home sale in Mosman headlined the nation's weekend property sales.
It was the redundant Federation Queen Anne style home of the London-based infrastructure investment adviser, Peter Hofbauer.
The six-bedroom <a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/house/nsw/lower-north-shore/mosman/322852" target="_blank">1910 Bradleys Head Road</a> trophy home (above) on 2244 sqm was listed only late last month.
Offers were not due for another 20 days when it was snapped up Friday night.
It came with an asking price of between $15.5 million and $16.5 million through McGrath agents Michael Rava and Michael Coombs. 
It set a non-waterfront record for the suburb when it last sold at $7.15 million in 2001, but not this time.
At around $16 million is does rank as the third highest sale result across the lower north shore this year.
The Melbourne-born Hofbauer, who was previously Babcock &amp; Brown's head of infrastructure, moved back to London in 2007 where he now oversees infrastructure investments at Hermes, which is owned by BT Pension Scheme in London.
The top auction sales reported in Melbourne and Sydney were also both secured early in their pre-auction marketing.
A Cronulla beachfront (below) sold <a href="https://www.realestate.com.au/sold/property-house-nsw-cronulla-121799054" target="_blank">well ahead of its scheduled weekend auction</a> at $5.25 million on October 25.
<img src="/images/2016/11/07/Screen%20Shot%202016-11-07%20at%209.40.05%20AM.png" alt="">
The five bedroom, five bathroom bayside home sits on a near level 1340 sqm block with 24 metre width on the water.
It last sold at $4.3 million in 2011.
The Seaholme sale on the bay near Melbourne's Altona at $2.888 million was secured October 20.
The Jon Fredrick and Clayton Brown architecturally designed four bedroom home with study had a prominent street facade since built around 10 years ago.
<img src="/images/2016/11/07/Screen%20Shot%202016-11-07%20at%209.41.04%20AM.png" alt="">
The <a href="https://www.realestate.com.au/sold/property-house-vic-seaholme-123732738" target="_blank">13 Esplanade, Seaholme home</a> (above) had been initially listed in May with $2.9 million hopes. 
Auction activity has continue to rise through into the final month of spring, however the number of auctions remained well below the highs recorded a year ago.
The preliminary national clearance rate was 77.5% across 2,490 reported auction results, according to CoreLogic.
This was higher than last week’s final clearance rate of 74.4 percent, with auction volumes increasing compared to the 2,253 capital city auctions reported last week.
Over the corresponding week last year, auctions volumes were significantly higher with 2,947 auctions reported and a 61 percent clearance rate.
The jump in success rate over the past week was especially evident in Melbourne which reported an 80.5 per cent clearance rate, up from the previous week's 77.5 percent.
There was a bigger jump in the Canberra clearance rate. Across Canberra a total of 113 auctions were held this week, compared to 93 last week and 122 at the same time last year. Canberra’s preliminary clearance rate of 79.5 percent was up on the 70 percent in the previous week. 
Sydney's 82.1 percent was the fourth week-on-week reporting above 80 percent, up from 80 percent, although the total 1,063 auctions scheduled fell just below last week's 1,100.   The Domain chief economist Dr Andrew Wilson suggests the Sydney market was beginning to ease 'reflecting more choice for buyers'.
'With more robust listing numbers also set for coming weekends' said Domain chief economist Dr Andrew Wilson.
Sydney’s preliminary auction clearance rate was up slightly on the prior week's 80.5 percent, while one year ago it was a significantly lower clearance rate of 58 percent.
The Northern Beaches sub-region of Sydney has shown the strongest performance with 92 percent of the 111 reported as sold over the past week.
It included the Thursday twlight auction when the North Curl Curl home of model Jennifer Hawkins and builder, husband Jake Wall sold.
They secured a $5,235,000 sale of the Koichi Takada-designed five bedroom, three bathroom home that had been listed with $4.8 million expectations.
<img src="/images/2016/11/07/north%20curl%20curl_0000_1.jpg.jpg" alt="" width="562" height="341">
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$16 million Mosman sale leads weekend results

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Auction clearance rates are at their strongest in more than a year with a clearance rate of 77 percent for 3,700 auctions, according to CoreLogic.
The average time on market is also decreasing with a property averaging 55 days on the market before it’s sold as of this year.
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Although new stocks are similar compared to last year overall the number of listings this year is lower as there is a decline of 1% overall.
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House sale time on market reducing: CoreLogic

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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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