Melbourne developer Spacious Group has completed Voyage Altona, one of the closest new apartment developments to Altona Beach.

Off the plan purchasers have started moving into the 49-apartment project on Pier Street, with the remaining move-in-ready one-, two- and three-bedroom apartments starting from just over $500,000.

Display apartments have now been fitted out, allowing prospective buyers to inspect the completed residences by appointment.

[smartcode_project:default project_id=112195 project_image_fid=372638]

The completed apartments feature open-plan living and dining areas which extend onto private balconies and terraces, while full-height glazing maximises natural light throughout the interiors.&nbsp;

Hybrid timber-look flooring, stone benchtops, Miele appliances, porcelain-tiled bathrooms and generous storage feature throughout the building which also features landscaped communal areas, expansive shared terraces, lift access and secure on-grade parking.

Drawing inspiration from its bayside setting, Voyage adopts a restrained palette of warm neutral tones and textured finishes. Many of the apartments take advantage of views across Port Phillip Bay, while the indoor-outdoor living spaces have been designed to make the most of the coastal outlook.

[smartcode_project:default project_id=112195 project_image_fid=3286]

Voyage was developed to address what Spacious Group identified as an undersupply of higher-quality apartment product in Altona, with a focus on owner-occupiers looking to remain within the bayside community.

"Voyage responds to very strong local buyer demand for quality, owner-occupier-focused product," says Barry Plant Projects Director Jarrod Farey, who has handled sales since the project's launch.

"The project delivers an elevated lifestyle proposition, with its design and quality of finish far exceeding anything previously produced in the area, as well as its proximity to Pier Street Village and the beach."

The majority of purchasers have been local downsizers and owner-occupiers looking to stay within the Altona community but who previously had limited opportunities to buy a brand-new apartment.

[smartcode_project_cta:default project_id=112195]

Joel Robinson

Spacious Group completes Voyage Altona in Altona's beachside precinct

Homecorp has secured approval for a $360 million apartment development at Budds Beach, paving the way for one of the Gold Coast's most amenity-rich residential projects to launch later this year.

Gold Coast City Council has approved Lýon Residences, a 32-level tower that will deliver 178 two and three-bedroom apartments across a prominent corner site at 8-10 Acacia Avenue and 25-27 Oak Avenue.

The approval comes as developers continue to invest in premium lifestyle-driven apartment projects on the Gold Coast, where owner occupiers are increasingly prioritising amenity as much as apartment size and location.

<a href="https://www.apartments.com.au/new-apartments/l-on-residences-25-27-oak-avenue-surfers-paradise-qld-4217">Lýon Residences</a> has been designed around a resort-style wellness offering, headlined by a Moroccan-inspired spa precinct featuring treatment rooms, a Nordic sauna and steam room, hot and cold plunge pools, a soaking pool and a residents-only juice bar.

The rooftop will include a heated infinity pool and spa, residents' lounge with private kitchen and bar, gymnasium, yoga and Pilates studio, outdoor entertaining areas and barbecue facilities overlooking the Surfers Paradise skyline.

<img alt="Lyon" data-entity-type="file" data-entity-uuid="2d3e29af-8793-486e-a684-52cef862241f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-15%20at%204.32.26%E2%80%AFPM.png?VersionId=ayG2zpLf3SS6Zy8XmKDcQods4kVWb0gm" />

Homecorp Founder and CEO Ron Bakir said Budds Beach provided the ideal location for the company's latest luxury apartment project.

"Budds Beach represents one of the most unique and sought-after pockets of the Gold Coast, and Lýon Residences has been designed to reflect that sense of rarity and refinement," Bakir said.

The project arrives as wellness continues to become a defining feature of new residential developments both in Australia and internationally.

The latest Global Wellness Institute figures show wellness real estate remains the fastest-growing segment of the global wellness economy and is forecast to exceed $1.8 trillion by 2030. Australia continues to rank among the world's 15 largest wellness real estate markets, with developers increasingly integrating health, recreation and community facilities into apartment projects.

Queensland is also experiencing strong population growth, with the Gold Coast continuing to outperform many other Australian cities as demand for new housing remains elevated ahead of the 2032 Olympic and Paralympic Games.

Bakir said the project had been designed to respond to that shift in buyer expectations.

"Strong population growth and sustained demand across the Gold Coast continue to highlight the need for well-designed new housing supply. Lýon Residences responds directly to this demand while setting a new benchmark for residential living," he said.

Each apartment has been designed to maximise views across the coastline, the Nerang River and the Gold Coast hinterland.

Located just minutes from Surfers Paradise beach and the Broadwater, the development also offers easy access to the light rail network, Broadbeach and Burleigh Heads.

Early site works are underway, with construction expected to commence later this year.

Homecorp approved for Budds Beach apartment tower, Lýon Residences

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]

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

Clearance Rate

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<div>Auction clearance rates are still booming along in Sydney's eastern suburbs, with a preliminary clearance rate of 84.3% recorded, with the inner west also on fire at 83.8%, according to CoreLogic-RP Data.</div>
<div> </div>
<div>Cameron Kusher of CoreLogic-RP Data has pointed out that every sub-region of Sydney has recorded auction clearance rates of above 80% at some point this year.</div>
<div> </div>
<div>How then has the city-wide clearance rate slipped all the way back to 64.4%?</div>
<div> </div>
<div><a href="/images/2015/10/26/RP1.jpg" target="_blank">Click to enlarge</a></div>
<div><img src="/images/2015/10/26/RP1.jpg" alt=""></div>
<div> </div>
<div>
<div>The unfortunate truth is that those suckered in to buying late in the cycle in outer western (30 per cent) and south-western Sydney (52.8 per cent) may well soon be sitting on a pile of negative equity, while home loan arrears have tended to be more elevated too. No real surprises here. </div>
<div> </div>
<div>Soft preliminary clearance rates were also recorded for the Central Coast (30%), Baulkham Hills &amp; Hawkesbury (38.5%), Blacktown (42.1%), and Parramatta (39.7%), while the outer south-west may fail to record a single auction sale.</div>
<div> </div>
<div>Of course, not all properties are sold at auction, and preliminary clearance rates by sub-region are essentially only an indicator of market sentiment. </div>
<div>
 Deutsche Bank has put out a research note which indicates that historically Sydney auction clearance rates have needed to decline to around 45% in order to be accompanied by year-on-year price declines. While certain inner suburban clearance rates remain very high as noted above, the above figures represent further evidence that in many areas away from the inner suburbs the investor market has been knocked for six by increased deposit requirements, and stock on market is now rising. Sydney will have some big auction weekends to muddle through before the Christmas break, in the meantime watch out for any handover to owner-occupier mortgage lending.</div>
<div> </div>
<div>
PETE WARGENT is the co-founder of <a href="https://allenwargent.com/" target="_blank" rel="nofollow">AllenWargent</a> property buyers (London, Sydney) and a best-selling author and <a href="https://petewargent.blogspot.com/" target="_blank" rel="nofollow">blogger</a>. 
His latest book is <a href="https://www.bigskypublishing.com.au/Books/General-Interest/Four-Green-Houses--and-a-Red-Hotel/1015/productview.aspx" target="_blank" rel="nofollow">Four Green Houses and a Red Hotel</a>.
</div>
</div>
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pwargent-M4siyDbqQY

Auctions fading to black in Sydney outer: Pete Wargent

<html><body>
Sydney held a preliminary auction clearance rate of 64.4% from 995 scheduled auctions for the week ending October 25, according to CoreLogic RP Data.
The eastern suburbs holds a clearance rate of 84.3% from 109 auctions sold. The Northern Beaches holds a clearance rate of 61.9% from a total of 76 auctions.
 
<a href="/images/2015/10/26/Screen%20Shot%202015-10-26%20at%201.03.59%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/26/Screen%20Shot%202015-10-26%20at%201.03.59%20PM.png" alt="">
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mick.cee-iDmgDDAmu8

Sydney's eastern suburbs holds 84.3% clearance rate: CoreLogic RP Data

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Auctions for the week ending 25 October made for the second lowest clearance rte recorded all year, according to CoreLogic RP Data's Property Market Indicator Summary.
Some 3,086 homes were auctioned nationally last week, with the preliminary clearance rate of 66.6% down from 67.4% last week. According to CoreLogic RP Data the clearance rate has been below 70% for six weeks in a row.
</div>
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Combined auction clearance rate down to 66.6%: CoreLogic RP Data 

<html><body>
The number of homes taken to auction this week increased to 3,086, up from 2,858 over the previous week, while the preliminary clearance rate of 66.6% is down from 67.4% last week, making this week the second lowest clearance rate recorded all year. 
The clearance rate has now been below the 70% mark for 6 weeks in a row. Over the corresponding week last year, the clearance rate was 69.3% and 3,231 auctions were held.
<a href="/images/2015/10/26/20151026-capital-city.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/26/20151026-capital-city.jpg" alt="" width="743" height="558">
 
Across Melbourne, auction volumes are the highest they have been all year with 1,663 properties taken to auction this week, while the clearance rate of 69.8% fell from 72.7 per cent across 1,398 auctions last week. This is the third lowest clearance rate for the year. At the same time last year, Melbourne was host to 1,837 auctions and a clearance rate of 71.0% was recorded. The busiest Melbourne sub-region this week was the Inner region where 341 auctions were held and a clearance rate of 73.7% was recorded.
<a href="/images/2015/10/26/20151026-Melbourne.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/26/20151026-Melbourne.jpg" alt="" width="676" height="454">
 
Sydney’s preliminary auction clearance rate improved this week after the lowest clearance rate for the year was recorded last week. This week, 64.4% of the 995 auctions scheduled were successful, up from 63.7% across 1,105 auctions over the previous week. Although the clearance rate has improved this week, it is still well below the 74.8% recorded across 961 auctions at the same time last year. The Eastern suburbs sub-region of Sydney has shown the strongest performance so far this week, with 84.3% of the 109 reported results selling, with 20 remaining results yet to be collected.
<a href="/images/2015/10/26/20151026-Sydney.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/26/20151026-Sydney.jpg" alt="" width="704" height="475">
 
In Brisbane, 223 auctions were held this week and a clearance rate of 54.8 % was recorded. Looking at last week, volumes were lower with 145 properties taken to auction and a clearance rate of 47.6%. Over the same week last year, 46.3% of the 211 auctions were successful. The Gold Coast saw 71.4% of the 21 reported auctions sell this week.
<a href="/images/2015/10/26/20151026-Brisbane.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/26/20151026-Brisbane.jpg" alt="" width="795" height="530">
 
This week, Adelaide recorded a preliminary clearance rate of 74.6%; with 67 reported results across a total of 103 scheduled auctions. In comparison, over the previous week Adelaide’s clearance rate was 67.5% and 56.5% one year ago.
<a href="/images/2015/10/26/20151026-Adelaide.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/26/20151026-Adelaide.jpg" alt="" width="814" height="552">
 
There were 33 Perth auctions this week and so far 16 results have been reported, with just 31.3%selling. Last week there was a 46.2% clearance rate for Perth although only 16 auctions were held.
Canberra’s preliminary auction clearance rate of 67.6% this week is similar to last week, when the final auction clearance rate was 68.0% and higher than the 58.3% recorded last year.
Of the 8 Tasmanian auction results reported so far this week, 4 sales have been recorded.
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smiller-vwPjRHTkST

Melbourne’s clearance rate falls below 70%: CoreLogic RP Data's Shana Miller

<html><body>
Melbourne notched up a clearance rate of 71% on the weekend compared to 73% last weekend.
The 71% matched the same weekend last year, <a href="/news">according to the REIV</a>.
There were 1358 auctions reported to the REIV, with some 1600 plus results to make the full weekend tally. 
Next weekend, the REIV is expecting 550 auctions – the highest ever for any Melbourne Cup Day weekend and more than double the number of auctions held last year.
 
Most Auctions – Melbourne (year to October 23):
<table class="t1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td class="td1" valign="middle">
Suburb
</td>
<td class="td1" valign="middle">
Total Auction
</td>
<td class="td1" valign="middle">
Sold at auction
</td>
<td class="td1" valign="middle">
Clearance rate
</td>
</tr>
<tr>
<td class="td1" valign="middle">
RESERVOIR
</td>
<td class="td1" valign="middle">
525
</td>
<td class="td1" valign="middle">
380
</td>
<td class="td1" valign="middle">
72%
</td>
</tr>
<tr>
<td class="td1" valign="middle">
RICHMOND
</td>
<td class="td1" valign="middle">
411
</td>
<td class="td1" valign="middle">
329
</td>
<td class="td1" valign="middle">
80%
</td>
</tr>
<tr>
<td class="td1" valign="middle">
GLEN WAVERLEY
</td>
<td class="td1" valign="middle">
403
</td>
<td class="td1" valign="middle">
317
</td>
<td class="td1" valign="middle">
79%
</td>
</tr>
<tr>
<td class="td1" valign="middle">
MOUNT WAVERLEY
</td>
<td class="td1" valign="middle">
388
</td>
<td class="td1" valign="middle">
325
</td>
<td class="td1" valign="middle">
84%
</td>
</tr>
<tr>
<td class="td1" valign="middle">
SOUTH YARRA
</td>
<td class="td1" valign="middle">
373
</td>
<td class="td1" valign="middle">
274
</td>
<td class="td1" valign="middle">
74%
</td>
</tr>
<tr>
<td class="td1" valign="middle">
ST KILDA
</td>
<td class="td1" valign="middle">
363
</td>
<td class="td1" valign="middle">
258
</td>
<td class="td1" valign="middle">
71%
</td>
</tr>
<tr>
<td class="td1" valign="middle">
BENTLEIGH EAST
</td>
<td class="td1" valign="middle">
332
</td>
<td class="td1" valign="middle">
272
</td>
<td class="td1" valign="middle">
82%
</td>
</tr>
<tr>
<td class="td1" valign="middle">
KEW
</td>
<td class="td1" valign="middle">
311
</td>
<td class="td1" valign="middle">
239
</td>
<td class="td1" valign="middle">
77%
</td>
</tr>
<tr>
<td class="td1" valign="middle">
GLEN IRIS
</td>
<td class="td1" valign="middle">
310
</td>
<td class="td1" valign="middle">
268
</td>
<td class="td1" valign="middle">
87%
</td>
</tr>
<tr>
<td class="td1" valign="middle">
BALWYN NORTH
</td>
<td class="td1" valign="middle">
300
</td>
<td class="td1" valign="middle">
243
</td>
<td class="td1" valign="middle">
81%
</td>
</tr>
</tbody></table>
Biggest increase in auctions (year to date comparison):
 
<table class="t1" style="height: 384px; width: 961px;" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td class="td1" valign="middle">
 
</td>
<td class="td1" valign="middle">
2015 YTD
</td>
<td class="td1" valign="middle">
2014 YTD
</td>
<td class="td1" colspan="3" valign="middle">
 
</td>
</tr>
<tr>
<td class="td1" valign="middle">
Suburb
</td>
<td class="td1" valign="middle">
Total Auction
</td>
<td class="td1" valign="middle">
Clearance Rate
</td>
<td class="td1" valign="middle">
Total Auction
</td>
<td class="td1" valign="middle">
Clearance Rate
</td>
<td class="td1" valign="middle">
Auction Increase
</td>
</tr>
<tr>
<td class="td1" valign="middle">
WANTIRNA SOUTH
</td>
<td class="td1" valign="middle">
151
</td>
<td class="td1" valign="middle">
88%
</td>
<td class="td1" valign="middle">
65
</td>
<td class="td1" valign="middle">
89%
</td>
<td class="td1" valign="middle">
86
</td>
</tr>
<tr>
<td class="td1" valign="middle">
GREENSBOROUGH
</td>
<td class="td1" valign="middle">
186
</td>
<td class="td1" valign="middle">
89%
</td>
<td class="td1" valign="middle">
107
</td>
<td class="td1" valign="middle">
75%
</td>
<td class="td1" valign="middle">
79
</td>
</tr>
<tr>
<td class="td1" valign="middle">
MOUNT WAVERLEY
</td>
<td class="td1" valign="middle">
388
</td>
<td class="td1" valign="middle">
84%
</td>
<td class="td1" valign="middle">
310
</td>
<td class="td1" valign="middle">
84%
</td>
<td class="td1" valign="middle">
78
</td>
</tr>
<tr>
<td class="td1" valign="middle">
GLEN WAVERLEY
</td>
<td class="td1" valign="middle">
403
</td>
<td class="td1" valign="middle">
79%
</td>
<td class="td1" valign="middle">
335
</td>
<td class="td1" valign="middle">
82%
</td>
<td class="td1" valign="middle">
68
</td>
</tr>
<tr>
<td class="td1" valign="middle">
BLACKBURN
</td>
<td class="td1" valign="middle">
199
</td>
<td class="td1" valign="middle">
80%
</td>
<td class="td1" valign="middle">
133
</td>
<td class="td1" valign="middle">
84%
</td>
<td class="td1" valign="middle">
66
</td>
</tr>
<tr>
<td class="td1" valign="middle">
BURWOOD
</td>
<td class="td1" valign="middle">
181
</td>
<td class="td1" valign="middle">
77%
</td>
<td class="td1" valign="middle">
121
</td>
<td class="td1" valign="middle">
80%
</td>
<td class="td1" valign="middle">
60
</td>
</tr>
<tr>
<td class="td1" valign="middle">
LALOR
</td>
<td class="td1" valign="middle">
186
</td>
<td class="td1" valign="middle">
71%
</td>
<td class="td1" valign="middle">
129
</td>
<td class="td1" valign="middle">
59%
</td>
<td class="td1" valign="middle">
57
</td>
</tr>
<tr>
<td class="td1" valign="middle">
CRAIGIEBURN
</td>
<td class="td1" valign="middle">
247
</td>
<td class="td1" valign="middle">
68%
</td>
<td class="td1" valign="middle">
191
</td>
<td class="td1" valign="middle">
69%
</td>
<td class="td1" valign="middle">
56
</td>
</tr>
<tr>
<td class="td1" valign="middle">
NOBLE PARK
</td>
<td class="td1" valign="middle">
188
</td>
<td class="td1" valign="middle">
81%
</td>
<td class="td1" valign="middle">
135
</td>
<td class="td1" valign="middle">
69%
</td>
<td class="td1" valign="middle">
53
</td>
</tr>
<tr>
<td class="td1" valign="middle">
ELTHAM
</td>
<td class="td1" valign="middle">
124
</td>
<td class="td1" valign="middle">
78%
</td>
<td class="td1" valign="middle">
72
</td>
<td class="td1" valign="middle">
75%
</td>
<td class="td1" valign="middle">
52
 
</td>
</tr>
</tbody></table>
Source: <a href="https://www.reiv.com.au/home" target="_blank">REIV</a>
</body></html>

jchancellor-FAypfDUnLy

Melbourne keeps auction success in its 70% plus spring carnival stride: REIV

<html><body>
The weekend's initial Sydney-wide clearance rate eased to 64%, down on the 65% preliminary tally from last Saturday, which was revised to 60% after late result notifications to Australian Property Monitors.
It seems it now won't be long before the success rate dips into the 50s.
All dramatically down on the mid-80s of just six months ago.
The weekend's dearest sale was a grand Collaroy estate on a 1707sqm parcel, comprised of two separate lots under one title. The existing residence (above) had been tightly held by the family for 65 years <a href="https://doylespillane.com.au/MA2387/51-53-edgecliffe-boulevard-collaroy-plateau" target="_blank">until its sale through Doyle Spillane</a>.
<a href="/images/2015/10/26/Screen%20Shot%202015-10-26%20at%209.13.35%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/26/Screen%20Shot%202015-10-26%20at%209.13.35%20AM.png" alt="" width="855" height="564">
<a href="/images/2015/10/26/Screen%20Shot%202015-10-26%20at%209.13.43%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/26/Screen%20Shot%202015-10-26%20at%209.13.43%20AM.png" alt="" width="932" height="540">
</body></html>

Sydney clearance rates dip to 60%, with super Saturday stress next weekend

<html><body>
New South Wales auction results for week ending Sunday 25 October show a preliminary clearance rate of 64% from 995 scheduled auctions.
<div class="reported-auctions">
<div class="num">According to data from realestate.com.au, 311 properties were sold at auction within NSW, 199 passed in and 176 sold prior to auction.</div>
<div class="num"> </div>
<div class="num">One standout property in the Sydney suburb of Grays Point - a four bedroom home at <a href="https://www.realestate.com.au/property-house-nsw-grays+point-120861537" target="_blank">60 Budyan Road Grays Point sold for $1,250,000</a>.</div>
<div class="num"> </div>
<div class="num"><a href="https://www.realestate.com.au/auction-results/nsw?rsf=edm:auction:nsw" target="_blank">Click here to see the full state breakout.</a></div>
</div>
</body></html>

NSW auction results show 64% clearance rate: Realestate.com.au

<html><body>
Despite a falling auction clearance rate, the volume of auctions being held across the combined capital cities and in particular, Melbourne, is rising.
Last week, the final auction clearance rate fell to 67.4% across 2,858 capital city auctions, while this week CoreLogic RP Data is expecting there to be just over 3,000 auctions held across the combined capital cities.
Melbourne will be the busiest city by far this week, with 1,710 auctions expected, indicating the busiest week for the city this year, but the auction market won’t be as busy as it was at the same time last year, when over the week 1,837 Melbourne homes were taken under the hammer. Last week, Melbourne was the strongest performing capital city market with both the highest volume of auctions (1,398) and the highest clearance rate (72.7%).
Notably, Melbourne’s auction performance last week was much stronger than Sydney, with the city recording its lowest clearance rate since early 2013 at 63.7%, representing a substantial fall from the previous week (69.6%). This week, Sydney is expecting 996 auctions to be held, relatively similar to last year when 961 Sydney homes were auctioned.
Auction markets will be busier in Brisbane (213), Adelaide (109) and Perth (35) this week compared to last week when 145, 93 and 16 auctions were held respectively. Canberra’s auction market activity will slow down this week, with 60 auctions expected, compared to 86 the previous week.
This week, the busiest individual suburbs for auctions are all in Victoria:
– Glen Waverley (30 auctions)
– Reservoir (23 auctions)
– Mount Waverley (22 auctions)
</body></html>

Clearance rate falling, auction activity rising: CoreLogic RP Data's Shana Miller

<html><body>
Melbourne had a preliminary auction clearance rate of 73.6% from 1,193 reported auctions, according to CoreLogic RP Data's Property Market Indicator Summary for the week ending 18 October.
Melbourne's inner region reported the highest number of auctions at 287, with a preliminary clearance rate of 73% had the highest number of auctions this week. The Outer East region had preliminary clearance rate of 82.1%.
<a href="/images/2015/10/19/Screen%20Shot%202015-10-19%20at%201.01.23%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/19/Screen%20Shot%202015-10-19%20at%201.01.23%20PM.png" alt="">
</body></html>

jonathanchancellor-7SQnKwU6yx

Outer East Melbourne nets clearance rate of 82.1%: CoreLogic RP Data

<html><body>
Sydney had a preliminary auction clearance rate of 66.6% from 830 reported auctions, according to CoreLogic RP Data's Property Market Indicator Summary for the week ending 18 October.
The final clearance rate for the city was 69.6 per cent, across 1,197 auctions.
The Inner West had an 80% preliminary clearance rate and the Eastern Suburbs 76.8%. The north Sydney and Hornsby region had a clearance rate of 87.6% from 118 auctions.
<a href="/images/2015/10/19/Screen%20Shot%202015-10-19%20at%201.01.14%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/19/Screen%20Shot%202015-10-19%20at%201.01.14%20PM.png" alt="">
</body></html>

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