New apartment developments with uninterrupted, north-facing views over Perth's Swan River are exceptionally rare.

Recognising just how limited those opportunities are, <a href="https://www.apartments.com.au/developers/edge-visionary-living">Edge Visionary Living</a>, one of Perth's most respected builder-developers, targeted <a href="https://www.apartments.com.au/developments/applecross-wa-6153">Applecross</a>, assembling an unrepeatable 6,342 sqm riverfront site on the corner of Moreau Mews and Canning Beach Road to create one of Perth's only new north-facing apartment developments directly overlooking the Swan River.

Today, <a href="https://www.apartments.com.au/buildings/riviere-residences-applecross-59-canning-beach-road-applecross-wa-6153">Rivière Residences</a> offers buyers a unique opportunity to choose between completed residences ready to move into now and off-the-plan homes in the final stage, Rivière West.

[smartcode_project:default project_id=28384 project_image_fid=3823]

Across the completed East and Central buildings, residents are already enjoying the development's luxury amenity, while two of the precinct's hospitality venues are now open.

The completed component of the development gives buyers the advantage of experiencing the finished product firsthand, including its uninterrupted river views, while still having the opportunity to secure a residence in the final stage.

"People are wowed by the view and the quality of the apartments,"&nbsp;Edge Visionary Living Sales Executive, Holly McSweeney, says.

"They're looking for the convenience of lock-and-leave living, but they're not looking to downsize on quality."

[smartcode_project:default project_id=28384 project_image_fid=3826]

The rarity of the development hasn't been lost on prospective buyers, McSweeney says.

For McSweeney, it all comes back to a location that is becoming increasingly difficult to replicate.

"Location, location, location," she says. "We are nestled right on the front of the Swan River. You can never get built out, so wherever you are in Rivière Residences, you've got views of the river forever."

The unique waterfront position has resonated particularly strongly with local downsizers. McSweeney says many buyers are long-time Applecross residents looking to transition from large family homes into a luxury apartment without sacrificing space, quality or the lifestyle they've enjoyed for decades.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/N_FowNW0wu8?si=vb25XFq1wZ-iufAW" title="YouTube video player" width="560"></iframe>

A major focus for Edge in recent years has been resident amenity. Across its apartment portfolio, from beachfront developments in Scarborough to luxury towers in South Perth, the developer has increasingly invested in the spaces beyond the apartment itself.

The strategy has largely been shaped by downsizer demand. Many buyers are moving from large family homes with swimming pools and established gardens. While they're looking to leave the maintenance behind, they don't want to compromise on lifestyle.

At Rivière, <a href="https://www.apartments.com.au/architects/hillam-architects">Hillam Architects</a> designed the resident facilities as an extension of each apartment. A 25-metre heated swimming pool takes advantage of the north-facing river outlook, complemented by a large gym, sauna and steam rooms, private dining spaces, residents' lounges, a cinema, games room, and dedicated wine and whisky rooms.

[smartcode_project:default project_id=28384 project_image_fid=372542]

The waterfront location has also proved to be a major drawcard. Residents are within walking distance of the Raffles Hotel, South of Perth Yacht Club, the Heathcote Cultural Precinct and the cafés, restaurants and boutiques along Ardross Street.

Beyond the location and amenity, McSweeney says many buyers take confidence from Edge's fully integrated development model.

Having delivered apartments across Perth for decades, Edge now designs, develops and constructs its projects in-house, giving the company greater control over quality, delivery and the finished product.

"What I love is when people walk through their apartment for the first time and say, 'This is better than what we imagined,'" McSweeney says. "We hear that all the time."

Completed apartments in the East and Central buildings are now available to inspect by appointment, while Rivière West, the final stage of the precinct, is expected to be completed in the first quarter of 2027.

[smartcode_project_cta:default project_id=28384]

Joel Robinson

North-facing Swan River views drive demand at Rivière Residences in Applecross

Nearly 60 per cent of apartments at McNab Group's $220 million The Tannery development in Brisbane's West End have sold ahead of the project's public launch, including a suburb-record $2.57 million sale for a two-bedroom apartment.

The early sales campaign has secured buyers for 50 of the project's 87 apartments, highlighting continued demand for larger owner-occupier apartments that combine generous floorplans with premium lifestyle amenities in one of Brisbane's most tightly held inner-city suburbs.

[smartcode_project:default project_id=143337 project_image_fid=374768]

McNab Group Executive Chairman Michael McNab said selling more than half the project before launch reflected changing buyer expectations.

"Selling more than half the project before public sales open tells us buyers are actively seeking apartments that offer something genuinely different," McNab said.

"Today's buyers are looking beyond four walls. They want homes that genuinely enhance the way they live, with spaces that support health, connection and everyday wellbeing."

[smartcode_project:default project_id=143337 project_image_fid=374767]

A key point of difference for the project is the adaptive reuse of the heritage-listed Dixon's Tannery building, which will become The Retreat, a residents-only wellness precinct rather than being redeveloped into additional apartments.

The Retreat will feature a sauna and steam room, hot and cold plunge pools, a commercial-grade gym, Pilates studio, cinema, library, co-working spaces and private dining room. Rooftop amenities will include a swimming pool, landscaped gardens, outdoor entertaining areas and dog-friendly spaces.

[smartcode_project:default project_id=143337 project_image_fid=374760]

Designed by Cottee Parker Architects with interiors by Tom Mark Henry and landscape architecture by Aspect Studios, The Tannery comprises 87 two, three and four-bedroom apartments across 11 levels overlooking the Brisbane River.

Cottee Parker principal Dee Passenger said preserving the original tannery building had been central to the project's design.

"The easy option would have been to maximise the site's development potential with additional apartments. Instead, McNab has chosen to preserve the original tannery as a shared wellness retreat, ensuring this important piece of Brisbane's history remains at the heart of the community."

Passenger said sustainability also played a key role in the design, with materials from the original industrial site salvaged and repurposed throughout the development.

[smartcode_project:default project_id=143337 project_image_fid=374761]

Motiv CEO Carly Cottam said buyers had responded strongly to the combination of larger apartments, wellness facilities and the West End lifestyle.

"We are seeing more buyers looking for homes in the sky that provide the space and functionality of a traditional home, while benefiting from the convenience and lifestyle that apartment living brings," Cottam said.

She said purchasers included both owner occupiers and investors, with demand coming from local buyers as well as interstate purchasers.

Coinciding with the public launch, McNab also announced a partnership with Queensland Ballet, whose neighbouring Thomas Dixon Centre shares historical ties with the original Dixon family.

Located on a 4,465 sqm site at 439 Montague Road, The Tannery overlooks the Brisbane River and is around 10 minutes from the CBD.

Construction is underway, with completion expected in the second half of 2027.

[smartcode_project_cta:default project_id=143337]

More than half of residences sold before public sales as McNab announces significant partnership with Queensland Ballet

McNab's The Tannery nears 60 per cent sold before public release, sets two-bedroom West End record

Iwan Sunito's vision for a landmark mixed-use precinct in Sydney's Inner West has taken a major step forward, with approval granted for the $1.9 billion Five Dock development first unveiled earlier this year.

The approved scheme by <a href="https://www.apartments.com.au/developers/one-global-capital">One Global Capital</a> will deliver an 80,500 sqm mixed-use precinct comprising 840 apartments, integrated hotel accommodation, commercial and retail space, alongside publicly accessible open space designed to create a new destination for the growing suburb.

"This is a significant milestone for One Global Capital and for the future of housing delivery in Sydney," Sunito said.

"The Housing Delivery Authority was established to identify major housing projects capable of delivering meaningful supply more efficiently, and we are delighted that Spencer Street has been recognised as one of those projects.”

He said the declaration reflected the rapid progress achieved since acquiring control of the site.

"In less than seven months we have progressed from taking control of the site to securing entry into one of the NSW Government's most important planning pathways. It reflects the experience of our team, the strength of our consultant group led by Urbis, and our long-term commitment to delivering transformational projects that contribute to Sydney's future."

When the project was revealed earlier this year, Sunito described the opportunity as one of the strongest development sites he had worked on.

"I probably hadn't appreciated the uniqueness of the site until more recently when putting together the concept plans," Sunito said.

"The proximity to the water, and the golf course opposite, is unlike any other part of Parramatta Road. We have a unique position and view corridors over the water that makes this one of the best sites I've worked on."

The development has evolved since its initial announcement, with the approved plans increasing the residential component from the originally proposed 750 apartments to 840 homes while retaining the project's focus on creating an integrated neighbourhood rather than a standalone residential development.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/a-city-within-a-city-iwan-sunito-flags-1-5-billion-mixed-use-precinct-in-five-dock">"A city within a city": Iwan Sunito flags $1.5 billion mixed-use precinct in Five Dock</a>

The precinct will combine apartments with hotel accommodation, commercial workplaces, retail offerings and public spaces, creating a mixed-use environment intended to serve both residents and the broader Five Dock community. The proposal also continues the collaboration between One Global Capital and internationally recognised architect <a href="https://www.apartments.com.au/architects/koichi-takada-architects">Koichi Takada</a>, whose previous work with Sunito includes Infinity, Arc and Skye North Sydney.

Takada previously said the design was driven by a philosophy of integrating nature into the built environment.

"The concept for this development is born from our design approach to naturalising architecture," Takada said.

"The public realm benefits from biophilic design that integrates generous landscaping, and the development is optimised for natural daylight, airflow and water views to foster wellbeing, sustainability and spaces that foster community interaction."

Sunito has consistently described the project as a "city within a city", with a strong emphasis on creating a destination that extends beyond housing.

"We want to create a development that's not only to be seen, but to be experienced by the whole local community," he said.

The approval comes as Five Dock continues its transformation ahead of the opening of the Sydney Metro West line, with the new Five Dock station set to significantly improve connections between the Inner West, Parramatta and the Sydney CBD.&nbsp;

The precinct will also benefit from its proximity to the Parramatta Road corridor, nearby waterfront parklands and established retail and dining offerings that have made Five Dock one of Sydney's most tightly held Inner West suburbs.

Iwan Sunito secures approval for $1.9 billion Five Dock mixed-use precinct

The new <a href="https://www.apartments.com.au/new-apartments/yarraville-green-42-stephen-street-yarraville-vic-3013">Yarraville Green</a> development in Melbourne's inner west is showing that landscaping can be just as influential as architecture, with buyers responding strongly to the garden-first approach adopted from the outset by developer Excelon Projects and the project's design team.

Excelon appointed Six Degrees Architects and landscape architects SBLA to work collaboratively on the development, with a brief to create "a sustainable, design-led building with a focus on community."

That approach has resonated with buyers. According to Next Chapter Director Tom Hirini, who is leading the sales campaign, the landscaped communal garden has become one of the project's defining features, alongside its boutique scale and European-inspired cluster housing concept.

Local downsizers, right-sizers and established families already living in Yarraville and surrounding suburbs have accounted for the majority of purchasers.

[smartcode_project:default project_id=144913 project_image_fid=297740]

Yarraville Green will comprise 53 homes, including apartments and townhomes, arranged around the shared central garden to maximise connections to the landscaped open space. Parking has been moved underground, allowing the ground plane to be dedicated to greenery, pedestrian movement and communal spaces.

The landscape extends well beyond passive planting. Productive garden beds, a pergola, communal gathering spaces, garden sheds and a pet wash have all been integrated into the masterplan, creating spaces designed to encourage everyday interaction between residents.

[smartcode_project:default project_id=144913 project_image_fid=297741]

The interiors continue Excelon's focus on craftsmanship, incorporating bespoke elements by Melbourne artisans including leadlight detailing by Adadaz, hand-turned timber hardware by Auburn Woodturning and blown-glass lighting by Ruth Allen.

Sustainability has also been embedded throughout the project, with Yarraville Green targeting an average 7-star NatHERS energy rating through passive design principles, rooftop solar servicing common areas and rainwater harvesting for landscape irrigation.

[smartcode_project:default project_id=144913 project_image_fid=297735]

Construction continues to progress at Yarraville Green, with structural works well underway and framing works approaching completion under builder Balmain &amp; Co. The project remains on track for completion in mid-2027.

Apartments at Yarraville Green are currently priced from $625,000, while townhomes start from $1.4 million.

[smartcode_project_cta:default project_id=144913]

Garden-led design drives buyer demand at Yarraville Green

National diversified developer Fortis has officially launched Crest &amp; Walker, its latest Brisbane apartment development, with construction now underway on the 20-storey Newstead project.

Award-winning builder BINAH has commenced construction on the Bureau^Proberts-designed building, which will deliver a limited collection of 65 two and three-bedroom apartments on Kyabra Street.

[smartcode_project:default project_id=145922 project_image_fid=373556]

The project marks Fortis' fourth active residential development in Brisbane, following River House, which is nearing completion, alongside projects in New Farm and Hamilton as the national developer continues to expand its South East Queensland pipeline.

Fortis General Manager – Development Queensland Dan Boman said Crest &amp; Walker reflects the developer's long-term commitment to delivering design-led residential projects in Brisbane's established inner-city suburbs.

"We're proud to be strengthening our presence in Brisbane with Crest &amp; Walker, particularly in such a sought-after lifestyle destination as Newstead," Boman said.

"Every Fortis project is shaped by its context, and we approach each one with the respect and care it deserves.

"Our focus is always on creating places that feel connected to their neighbourhood and elevate the everyday experience for residents. Newstead continues to evolve as one of Brisbane's most sought-after urban communities, and Crest &amp; Walker reflects our ambition to contribute meaningfully to that story."

[smartcode_project:default project_id=145922 project_image_fid=373559]

Positioned between Gasworks Plaza and James Street, <a href="https://www.apartments.com.au/new-apartments/crest-walker-newstead-12-kyabra-street-newstead-qld-4006">Crest &amp; Walker</a> has been designed as a boutique residential address offering privacy and generous living spaces within one of Brisbane's most established lifestyle precincts.

The building features a contemporary brick podium softened by integrated landscaping, while the upper levels are characterised by restrained architecture and enduring materiality. Interiors have been designed to maximise natural light, acoustic performance and long-term liveability.

[smartcode_project:default project_id=145922 project_image_fid=373583]

Residences comprise spacious two and three-bedroom floorplans, with two-bedroom apartments priced from $1.55 million and three-bedroom, half-floor residences from $3.95 million.

Residents will have access to a wellness-focused rooftop featuring a swimming pool, sauna, steam room, landscaped dining spaces and outdoor lounge areas overlooking Newstead and the Brisbane CBD.

[smartcode_project:default project_id=145922 project_image_fid=373571]

Sales are being managed by Slaite Projects, with Fortis expecting strong demand from owner-occupiers seeking a high-quality, design-focused apartment in one of Brisbane's most tightly held inner-city suburbs.

Completion of Crest &amp; Walker is slated for late 2028.

[smartcode_project_cta:default project_id=145922]

Fortis expands Brisbane pipeline with launch of Crest & Walker in Newstead

Clearance Rate

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New figures from Domain show the Melbourne suburbs with a 100 percent clearance rate, with Craigieburn leading for house sales and Brighton leading for units.
Malvern and Sunshine came behind Craigieburn for houses and Malvern East and Caulfield North for units.
SUBURBS WITH 100 PERCENT CLEARANCE RATES FOR HOUSES
Craigieburn
Malvern
Sunshine
Caulfield North
Coburg North
Dandenong North
Hadfield
SUBURBS WITH 100 PERCENT CLEARANCE RATES FOR UNITS
Brighton
Malvern East
Caulfield North
Elsternwick
Hawthorn East
Mentone
Middle Park 
 
 
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jonathanchancellor-7SQnKwU6yx

Craigieburn, Brighton among best Melbourne auction suburbs in June: Domain

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The Wollongong region south of Sydney has a preliminary clearance rate of 100 percent for the week ending June 26 according to CoreLogic.
The preliminary clearance rate for the Hunter region in NSW is 48.4 percent. 
Queensland's Gold Coast came in at 62.5 percent and the Sunshine Coast at 33.3 percent
<a href="/images/2016/06/27/Screen%20Shot%202016-06-27%20at%202.13.03%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/06/27/Screen%20Shot%202016-06-27%20at%202.13.03%20PM.png" alt="">
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Sydney's Wollongong region takes 100 percent clearance rate: CoreLogic

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Sydney has a preliminary clearance rate of 77.1 percent for the week ending June 26 according to CoreLogic, up from 73.4 percent last week.
The Baulkham Hills and Hawkesbury region had an 86.7 percent success rate and the Eastern Suburbs and the Northern Beaches both reported an 84.9 percent preliminary clearance rate.
<a href="/images/2016/06/27/Screen%20Shot%202016-06-27%20at%201.46.10%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/06/27/Screen%20Shot%202016-06-27%20at%201.46.10%20PM.png" alt="">
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Clearance rates high in Sydney's Baulkham Hills, Hawkesbury region 

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Melbourne's North West secured a strong clearance rate of 78.2 percent from its 91 auctions over the weekend, according to CoreLogic.
The inner Melbourne region held over 200 auctions with a clearance rate of 67.6 percent.
 
<img src="/images/2016/06/Screen%20Shot%202016-06-20%20at%2011.52.22%20am.png" alt="" width="538" height="242">
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Melbourne's North West shines in damp weekend auction results

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According to CoreLogic, Ryde secured an 88 percent clearance rate at the weekend auctions.
Baulkham Hills and the Hawkesbury region only secured 50 percent of their 17 auctions.
North Sydney secured a strong 85.5 percent from their busy 113 auctions.
<img src="/images/2016/06/Screen%20Shot%202016-06-20%20at%2011.45.52%20am.png" alt="" width="402" height="308">
 
 
 
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Ryde rides high at 88% while Baulkham Hills stumbles in weekend auctions

<html><body>
Toorak's $24 million plus record setting, snappy sale by the wealthy Smorgon family to Chinese buyers might have captured the headlines last week, but just 50 kms away sits the nation's cheapest property opportunity.
Melton South secured the lowest auction result when $235,000 was paid for a three bedroom house.
The sale price of <a href="https://www.realestate.com.au/property-house-vic-melton+south-122601670" target="_blank">63 Station Road</a> (above)  through Raine &amp; Horne was at less than a third of the weekend Melbourne house median.
<div class="x_domain-article-share-panel x_is-sticky">
<div class="x_domain-article-share-link x_domain-article-share-tw">Even Sydney investors have the affordable Melbourne locality on their purchasing radar, the Domain real estate suggested at the weekend.  </div>
<div class="x_domain-article-share-link x_domain-article-share-tw"> </div>
<div class="x_domain-article-share-link x_domain-article-share-tw">But the vacated property was picked up by a local home buyer, Raine &amp; Horne Melton agent Kieran Carson advised.</div>
<div class="x_domain-article-share-link x_domain-article-share-tw"> </div>
<div class="x_domain-article-share-link x_domain-article-share-tw">He said his four bidders were split between two home buyers and two investors seeking the three bedroom brick house with central bathroom that last sold at $72,000 in 1999.
</div>
<div class="x_domain-article-share-link x_domain-article-share-tw"> </div>
<div class="x_domain-article-share-link x_domain-article-share-tw">A recent study has shown around 80 percent of the Victoria’s investors do their investing locally.</div>
<div class="x_domain-article-share-link x_domain-article-share-tw">
The study showed Queensland was the next favoured investment location, but a long way behind as just 12 percent of Victorian investors own property in the sunshine state.
Victorian investors steer clear of pricey NSW accounting for just 3.3 percent, according to the Terri Scheer Insurance survey.
But there's no stopping the Sydney supremacy when it comes to auction sales success during 2016.
</div>
</div>
Auction volumes bounced higher across the country from the long weekend dip, but Sydney was the only capital city to record a clearance rate above 70 percent.
With prices ranging between $400,000 and $3.42 million, Sydney vendors secured the sale of 74 percent of stock. There was a $1.3 million median house price and an $857,000 apartment median.
The nearest rival was Melbourne's 68 percent success rate with its houses recording an $875,000 median and units at a $545,000 median.
The national clearance rate was 67 per cent from the 2,139 capital city auctions, up from the 65 percent with the 1,100 listings in the prior week.
This time last year the volume was 2,268 and the clearance rate was 77 per cent.
CoreLogic's Kevin Brogan noted the trend in auction clearance rates had "nudged lower" over the last few weeks.
Some 964 Melbourne auctions have been reported, showing a preliminary clearance rate of 68 per cent, an improvement from last week when 64 per cent of the 341 auctions sold.
"Although Melbourne’s clearance rate remains under 70 per cent for the second week in a row, the increase this week signifies Melbourne’s auction market is close to reverting back to the levels seen prior to the slow down over the Queen’s birthday weekend," Kevin Brogan said.
At the same time last year, Melbourne’s clearance rate was 79 percent.
The Inner sub-region was the busiest for auctions across Melbourne with 202 homes going under the hammer.
Sydney’s preliminary auction clearance rate was 74 per cent this week, virtually matching 74 per cent last week.
"This week’s result is significantly lower than one year ago at 82 per cent, however the city continues to maintain a much higher clearance rate than what was seen towards the end of 2015.
Of Sydney's sub-regions, the best performers were the Ryde sub-region at 88 per cent and North Sydney and Hornsby at 85 per cent.
But the priciest sale was $3.42 million on the upper North Shore at Pymble followed by a Chiswick riverfront at $3.25 million.
Lantern Hill, a five bedroom 1940s home with pool and tennis court on 2675 sqm at <a href="https://www.realestate.com.au/property-house-nsw-pymble-122628282" target="_blank">8 Macquarie Road, Pymble</a> (below) was sold pre-auction through McGrath at $3.42 million.
<img src="/images/2016/06/17/Screen%20Shot%202016-06-19%20at%207.27.34%20PM.png" alt="">
It last sold at $2.58 million in 2013.
It was marketed as French Riviera style.
The $3.25 million Chiswick knockdown house was three bedroom original home on a 644 sqm holding at 8 Fortescue Street.
<img src="/images/2016/06/17/Screen%20Shot%202016-06-19%20at%207.39.19%20PM.png" alt="">
It was the street's eighth sale above $3 million in the past six years, including a $4.9 million sale just two week's ago of a contemporary home.
Domain senior economist Dr Andrew Wilson noted the busiest Sydney suburb with 11 auctions was Strathfield, including the recently built <a href="https://www.realestate.com.au/property-house-nsw-strathfield-122699174" target="_blank">27 Myrna Road</a>, (below) with 325 sqm internal space, which was passed in at $3.4 million.
<img src="/images/2016/06/17/Screen%20Shot%202016-06-19%20at%207.40.21%20PM.png" alt="">
Toorak secured the country's highest auction price when <a href="https://www.realestate.com.au/property-house-vic-toorak-122758286" target="_blank">16 Chastleton Ave</a> sold at $5.02 million.
<img src="/images/2016/06/17/Screen%20Shot%202016-06-19%20at%207.41.32%20PM.png" alt="">
It last sold at $1.05 million in 1998.
Kay &amp; Burton secured the likely 1950s knockdown price for the three bedroom house on 688 sqm.
The $24 million mid-week sale of the Smorgon's property secured the newly built seven-bedroom home on 1770 sqm at 4 Robertson Street was for the buyer, Shirley Ching Hua Hsieh.
The undisclosed Toorak price failed to better the Victorian record of $26 million at Portsea. 
With record June Saturday auction volumes for Melbourne, Glen Waverley had the most auctions in Melbourne with 21 scheduled including the modern home at <a href="https://www.realestate.com.au/property-house-vic-glen+waverley-122642014" target="_blank">6 Darri Court</a>, (below) which was passed in at $2.525 million.
<img src="/images/2016/06/17/Screen%20Shot%202016-06-19%20at%207.26.07%20PM.png" alt="">
The 785 sqm block had cost $1 million in 2014.
Brisbane's clearance rate dipped to 44 per cent, down from 46.3 per cent last week.
<div class="x_domain-article-content-body">
Sales included a Norman Park <a href="https://www.realestate.com.au/property-house-qld-norman+park-122730438" target="_blank">1930s workers’ cottage</a> in Brisbane’s east (below), marketed as listed for the first time, and fetching $669,000.
<img src="/images/2016/06/17/Screen%20Shot%202016-06-19%20at%207.24.42%20PM.png" alt="">
The deceased estate at 39 Frank St, Norman Park attracted nine registered bidders.  
</div>
Adelaide sat at 67 percent cleared, down from 75 percent last week.
Perth's clearance rate was 34 percent, compared to 28.6 percent last week.
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jchancellor-FAypfDUnLy

Home buyer beats interstate investor invasion in Melbourne's most affordable Melton 

<html><body>
Over the week ending June 3 there were 20 commercial auction results reported with a preliminary clearance rate of 35 percent, down from 42.6 percent the previous week across 54 results, according to CoreLogic.
In comparison, at the same time last year, 47 commercial results were reported with a higher success rate of 59.6 percent.
There were 215 auctions reported over the past four weeks, with 116 sales. Of these 116 sales, 95 have been reported with a sale price, representing $199.3 million in total value.
<a href="/images/2016/06/15/Screen%20Shot%202016-06-15%20at%2011.29.53%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/06/15/Screen%20Shot%202016-06-15%20at%2011.29.53%20AM.png" alt="">
<a href="/images/2016/06/15/Screen%20Shot%202016-06-15%20at%2011.31.23%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/06/15/Screen%20Shot%202016-06-15%20at%2011.31.23%20AM.png" alt="">
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Commercial auctions down for week ending June 3, 2016: CoreLogic

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

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 Preliminary clearance rates for the Hunter region in New South Wales came to 66.7 percent for the week ending 5 June according to CoreLogic.
The Gold Coast came in at 35.3 percent, the Sunshine Coast at 43.percent. 
<a href="/images/2016/06/06/Screen%20Shot%202016-06-06%20at%2012.11.27%20PM.png" target="_blank">Click to enlarge</a>
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NSW's Hunter region holds 66.7 percent clearance rate

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