Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

Clearance Rate

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The southern Sydney region of Wollongong held a clearance rate of 92.3 percent for the week ending 19 September, according to CoreLogic.
Victoria's Geelong had a preliminary clearance rate of 74.2 percent, and Queensland's Gold Coast at 35.5 percent and Sunshine coast at 62.5 percent.
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Wollongong takes 92.3 percent preliminary clearance rate: CoreLogic

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Auction numbers are down across every capital city, according to the preliminary results from last weekend kept by CoreLogic.
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Auction volumes down across the capitals: CoreLogic

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The southern Sydney region of Wollongong holds a clearance rate of 83.3 percent for the week ending 11 September, according to CoreLogic.
The Gold Coast reported a preliminary clearance rate of 53.3 percent and Melbourne's Geelong 84.6 percent
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Wollongong region holds a clearance rate of 83.3 percent: CoreLogic

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Melbourne has a preliminary auction clearance rate of 78.7 percent for the week ending 11 September, the second highest this year so far, according to CoreLogic.
Melbourne's inner sub-region has a preliminary clearance rate of 76.0 percent with the strongest clearance rate recorded across the Mornington Peninsula region, where each of the 28 reported auctions were sold. 
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Melbourne's inner sub-region leads weekend clearance rates: CoreLogic

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

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

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Sydney had the nation's highest sale when a four-bedroom waterfront home at 78 Wrights Road, Drummoyne sold for $8.05 million.
The pre-auction price guidance was $6 million to $6.5 million. The waterfront home came with jetty, pontoon and a permanent boat mooring facility (above). 
The property was one of about 540 scheduled to go under the hammer across the city on Saturday, the first day of the spring selling season. 
Domain Group put the Sydney clearance rate at 80 percent and CoreLogic at almost 84 percent.
The number of homes taken to auction across Australia over the weekend fell slightly to 1,858, compared to the 2,153 auctions held last week and 2,297 one year ago, CoreLogic advised.
The 78 percent national clearance rate was higher than the previous week’s result of 74 per cent and up from last year, when the clearance rate was recorded at 73 percent and in decline.
The results show that Sydney's 83.9 percent rated higher than the improving Melbourne which had a 79 percent success rate.
Both cities were host to fewer auctions this week when compared to last week.
Melbourne's preliminary clearance was up from last week’s result of 77.4 percent.
The 79 percent clearance rate is the highest preliminary rate Melbourne has recorded this year.
"It also marks the ninth week in a row that Melbourne’s clearance rate has been recorded above 70 percent," CoreLogic spokesperson, Kevin Brogan said.
The preliminary clearance rate is higher than the 75 percent one year ago.
There were 826 auctions held in Melbourne, down from last week’s 1,060 auctions and lower than the 992 auctions held at the same time last year.
Of the nine sub-regions in Melbourne, the strongest performer was the Mornington Peninsula where 93 per cent of the 30 reported results were successful.
A five-bedroom 2002-extended 1930s house on 1300 sq m in Kew sold through Jellis Craig for $6.24 million ranked as Melbourne's top seller (below).
<img src="/images/2016/09/05/Screen%20Shot%202016-09-05%20at%209.05.40%20AM.png" alt="">
It last sold in 1997 at $1.27 million. More than $5.5 million was the pre-auction price guidance.
Kew also had Melbourne's second dearest sale at $4.8 million at 51 Rowland Street.
In Sydney, a preliminary clearance rate of 83.9 per cent was recorded, up on 78 percent over the prior period. There were around 540 weekend auctions and 780 across the week.
"Since the final week in April this year, Sydney has consistently recorded weekly clearance rates above the 70 per cent mark," Kevin Brogan said.
"One year ago, auction activity across Sydney was significantly higher, with 1,023 auctions held and 76.9 percent clearing."
Ryde's 95 percent and the Northern Beaches' 91 percent recorded the highest preliminary clearance rates of the sub-regions.
With 135 Brisbane homes taken to auction, Brisbane recorded their highest preliminary clearance rate for the city this year at 58 percent, up from 44 percent last week and higher than one year ago, when 42 per cent of the 130 properties taken to auction were successful.
In Brisbane, the most expensive residential property to sell was a renovated Hamptons-style, five-bedroom house at Bardon which sold for $2.5 million to a Singaporean couple (below).
<img src="/images/2016/09/05/Screen%20Shot%202016-09-05%20at%209.06.49%20AM.png" alt="">
The pre-war Queenslander at 167 Simpsons Road was transformed with an 18 month renovation had previously traded at $1,186,000 in late 2014.
Brisbane had the nation's cheapest weekend auction result which was $330,000 on Macleay Island. The 137 Beelong Street two bedroom, with water views across the bay, sold through First National Real Estate.
Adelaide saw a preliminary clearance rate of 80, across 57 reported auctions; the highest Adelaide has recorded for the year.
Over the previous week Adelaide’s clearance rate was 63 percent and 69 at the same time last year.
In Perth, auction numbers fell to 26 this week with a preliminary clearance rate of 16 percent. Just six auctions have been reported.
Last week, the final clearance rate for Perth was 34 percent across 29 auctions.
Canberra’s preliminary rate was 77 per cent this week, compared to 71 percent last week and 71 percent one year ago.
The week’s 77 percent is the highest preliminary clearance rate Canberra has seen since early March this year.
CoreLogic has captured 76 results, rising from 56 last week. 
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More capital cities secure year high clearance rates 

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

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Preliminary auction clearance rates for Melbourne for the week ending August 7 are hovering around 76.1 percent according to CoreLogic.
According to CoreLogic all Melbourne sub-regions recorded a clearance rate above 70 percent this week, with the exclusion of Inner East. The two strongest performing regions based on clearance rate were the Inner South (84.4 percent). 
<a href="/images/2016/08/08/Screen%20Shot%202016-08-08%20at%2011.12.47%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/08/08/Screen%20Shot%202016-08-08%20at%2011.12.47%20AM.png" alt="">
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Inner South Melbourne leads suburb for weekend auctions: CoreLogic

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Melbourne has a preliminary clearance rate of 75.6 percent for the week ending July 31 according to CoreLogic.  
The Inner Melbourne sub-region held 141 auctions. The best performing sub-regions include the Outer East (83.6 percent) and Inner South (80.0 percent).
<a href="/images/2016/08/01/Screen%20Shot%202016-08-01%20at%202.18.54%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/08/01/Screen%20Shot%202016-08-01%20at%202.18.54%20PM.png" alt="">
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