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

Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

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

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

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

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

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

<main data-perf-region="main">
Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

&nbsp;

[smartcode_project_cta:default project_id=152737]

<h3 data-end="3697" data-section-id="q3n5ak" data-start="3672">&nbsp;</h3>
</main>

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

Clearance Rate

<html><body>
Sales between $263,000 to $4,605,000 - from Travancore to Toorak - assisted Melbourne achieve a 75% weekend clearance rate.
The weekend success rate compared to 75% last weekend and 73% this weekend last year.
There were 1007 auctions reported to the REIV, adding to the 25,800 auctions held in the year to date – the highest on record for any given year.
Sales volumes have also been the highest on record, with an estimated 84,000 sales transacted so far this year.
The top sale at 32 Heyington Place Toorak, sold at $4,605,000 through Marshall White. It was a 1961 built home with underground garages. There were five bidders.
The $263,000 cheapest sale at 12/69-71 Delhi Court, Travancore, near Flemington, had been tipped to fetch between $260,000 to $280,000.
 
TOP 5 HOUSES
1. 32 Heyington Place, Toorak $4,605,000
2. 30 Campbell Street, Kew $4,210,000
3. 5 &amp; 7 Braeside Avenue, Camberwell $3,836,000
4. 4 Walnut Road, Balwyn North $3,570,000
5. 1 Barkly Street, Brunswick East $3,400,000
 
TOP 5 BARGAIN HOUSES
1. 2421 Warburton Highway, Yarra Junction $273,000
2. 21 Lakeside Drive, Roxburgh Park $285,000
3. 42 Dianne Avenue, Craigieburn $290,000
4. 21 Candle Bark Crescent, Frankston North $293,000
5. 40 Tattler Street, Carrum Downs $330,000
 
TOP 5 APARTMENTS
1. 36 Black Street, Brighton $2,120,000
2. 13/17 Marshall Avenue, Kew $1,850,000
3. 4/11 Wilson Grove, Aspendale $1,580,000
4. 30 Central Avenue, Black Rock $1,540,000
5. 1 Melville Lane, Brighton $1,380,000
 
TOP 5 BARGAIN APARTMENTS
1. 12/69-71 Delhi Court, Travancore $263,000
2. 3/3 Edna Street, Thomastown $276,000
3. `/169-173 Keele Street, Collingwood $290,000
4. 17/83 Rufus Street, Epping $296,100
5. 6/2D Cunningham Street, Northcote $315,000
 
Source <a href="/news">REIV</a>
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jchancellor-FAypfDUnLy

Travancore to Toorak, weekend auction triumphs: REIV 

<html><body>
Across Australia’s combined capital cities, the final auction clearance rate was 73.2% last week, remaining virtually unchanged from the 73.4% over the previous week. 
The first week of spring resulted in 2,297 auctions being held across the combined capital cities, which was 21% higher than one year ago. This week, auction volumes are expected to increase further, with CoreLogic RP Data currently tracking 2,659 auctions, which is, again, significantly higher than one year ago (2,080).
Melbourne and Sydney will collectively host more than 2,200 auctions this week, with 1,180 Melbourne properties scheduled to go under the hammer and 1,084 in Sydney. Melbourne’s clearance rate fell to 75.1% last week, while across Sydney 76.9% of reported auctions were successful, while indicates an improvement on a week on week basis, but is lower than one year ago (80.1%).
All cities are expecting more auctions this week when compared to last week, while across Tasmania auctions volumes will remain steady, with 7 scheduled. The most substantial rise in scheduled auctions will be across Brisbane, up from 130 last week to 185 this week and Canberra 77 this week compared to 52 last week.
Adelaide has 91 auctions scheduled this week, while Perth has 36, both of which are similar to the same time last year.
The top three suburbs for the highest volume of auctions this week are all located in Victoria; Bentleigh East (20), Reservoir (19) and Richmond (18).
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smiller-vwPjRHTkST

Capital city clearance rates hold steady: CoreLogic RP Data's Shana Miller

<html><body>
Sydney's eastern suburbs region had a preliminary auction clearance rate of 84.0% from 116 total auctions for the week ending 6 September, according to CoreLogic RP Data's property market indicator summary.
The inner south west held 124 total auctions with a preliminary clearance rate of 79.6%. North Sydney and Hornsby held a total of 154 auctions with a preliminary clearance rate of 83.6%.
<a href="/images/2015/09/07/Screen%20Shot%202015-09-07%20at%2012.26.33%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/09/07/Screen%20Shot%202015-09-07%20at%2012.26.33%20PM.png" alt="">
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mick.cee-iDmgDDAmu8

Sydney's eastern suburbs holds 84% preliminary clearance rate: CoreLogic RP Data

<html><body>
Preliminary auction clearance rates ticked back on the first weekend of spring according to CoreLogic-RP Data.
<div>Sydney's auction clearance rate should now begin to track lower than its equivalent prior year figure, but remains elevated at this juncture 78 per cent.</div>
Generally strong results were seen outside Sydney and Melbourne as per the below graphic, albeit from the usual small samples.
 Speeding ticket 
<div>That the Sydney market must eventually slow is not in question.</div>
<div> </div>
<div>After all, both Residex and CoreLogic-RP Data have recorded house prices growing at an absolutely cuckoo pace of +7.5 per cent over the last quarter (a totally bonkers rate of growth implying that prices would double within the next 10 quarters). </div>
<div> </div>
<div>The real questions are how well the spring auction market can hold up in the face of likely higher stock volumes and what happens when the growth cycle eventually comes to an end. </div>
<div> </div>
<div>It's worth noting that while outer suburban auction rates may have tailed off in Sydney somewhat, many of the inner suburbs are still recording blistering results.</div>
<div> </div>
<div>The inner west (88.6%), eastern suburbs (84%) and North Sydney and Hornsby (83.6%) regions each once again recorded supremely high preliminary clearance rates.</div>
<div> </div>
<div><a href="/images/2015/09/07/AUCTIONS1.jpg" target="_blank">Click to enlarge</a></div>
<div> </div>
<div><img src="/images/2015/09/07/AUCTIONS1.jpg" alt=""></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>.
 
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pwargent-M4siyDbqQY

Auctions spring forth: Pete Wargent

<html><body>
New South Wales auction results for the week ending Sunday 6 September show a preliminary clearance rate of 78% from 995 scheduled auctions.
<div class="reported-auctions">
<div class="num">According to data from realestate.com.au, 473 were sold at auction within NSW, 138 passed in and 181 sold prior to auction.</div>
<div class="num"> </div>
<div class="num">One standout property in the Sydney suburb of <a href="/news">Alexandria</a> sold was a three bedroom, three bathroom on <a href="https://www.realestate.com.au/property-house-nsw-alexandria-120389937" target="_blank">60 Kingsclear Road</a> that sold for $1.55 million. The median price for a house in Alexandria is $1,375,500.</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>
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NSW auction results show 78% preliminary clearance rate: Realestate.com.au

<html><body>
The combined capital city weighted average clearance rate increased to 73.4% last week, from 72.9% the previous week, while auction volumes increased from 2,248 to 2,654 which is the highest volumes have been since the last week of May (2,792).
This week, CoreLogic RP Data is tracking 2,335 auctions, higher than the comparable week last year when 1,897 auctions were held across the capital cities.
Below is a brief wrap up of each capital city auction market over the winter months. Despite Sydney’s auction clearance rate beginning to trend lower over recent weeks, the city was still the strongest performer over the three month period, followed closely by Melbourne.
<a href="/images/2015/09/03/WinterClearance.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2015/09/03/WinterClearance.jpg" alt="" width="815" height="136">
Across Melbourne this week, 1,007 auctions are scheduled. Melbourne’s clearance rate last week was 76.7% across 1,188 auctions, having increased from 74.3% across 964 auctions the previous week. At the same time last year, 73.5 % of the 901 auctions held were successful.
Auction volumes are set to fall across Sydney this week, with 1,030 homes scheduled for auction. Last week, 1,106 Sydney homes were taken to auction. Sydney recorded its lowest clearance rate for the year last week, with just 75.1% of auctions successful.
Across Brisbane, 139 auctions are scheduled this week, compared to 169 last week and 143 the previous week. Last week Brisbane’s clearance rate fell slightly from 54.5% the previous week to 54.2%.
There are 68 Adelaide homes being taken to auction this week, much lower than the number held last week (102). Last week, 58.1% of Adelaide auctions were successful which, given recent performance, is a weak result for the city.
In Canberra, CoreLogic RP Data is currently tracking 53 auctions, similar to last week when 47 Canberra auctions were held, but lower than at the same time last year (69).
There are currently 29 Perth auctions scheduled this week, down from 34 auctions last week.
St Kilda in Victoria has the highest volume of auctions scheduled for any one individual suburb this week, with 18 properties set to go under the hammer, followed by South Yarra, also in Victoria, with 17 auctions scheduled.
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Volumes stay high for first week of spring: CoreLogic RP Data's Shana Miller

<html><body>
Preliminary auction clearance rates for Brisbane sit at 58.2% from a total of 158 auctions, according to the CoreLogic RP Data Property Market Indicator Summary for the week ending August 30.
 
<a href="/images/2015/08/31/Screen%20Shot%202015-08-31%20at%201.09.55%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/08/31/Screen%20Shot%202015-08-31%20at%201.09.55%20PM.png" alt="">
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Brisbane preliminary clearance rate at 58.2%: CoreLogic RP Data 

<html><body>
The eastern suburbs region of Sydney had a preliminary clearance rate of 87.6% from 118 total auctions, according to CoreLogic RP Data's Property Market Indicator Summary for the week ending 30 August.
In the north Sydney and Hornsby region, 118 properties went to auction -  a clearance rate of 87.6%.
 
<div class="page" title="Page 1"> </div>
<a href="/images/2015/08/31/Screen%20Shot%202015-08-31%20at%2012.43.56%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/08/31/Screen%20Shot%202015-08-31%20at%2012.43.56%20PM.png" alt="">
 
<a href="/images/2015/08/31/Screen%20Shot%202015-08-31%20at%2012.43.48%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/08/31/Screen%20Shot%202015-08-31%20at%2012.43.48%20PM.png" alt="">
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Sydney's eastern suburbs clears 87.6% preliminary clearance rate: CoreLogic RP Data

<html><body>
Preliminary auction clearance rates for Brisbane sit at 54.8%, according to the CoreLogic RP Data Property Market Indicator Summary from 104 auctions.
Last week 130 auctions were recorded at a clearance rate of 57.5%. This time last year 134 auctions were held with a clearance rate of 51.2%. 
<a href="/images/2015/08/24/Screen%20Shot%202015-08-24%20at%202.10.52%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/08/24/Screen%20Shot%202015-08-24%20at%202.10.52%20PM.png" alt="">
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Brisbane prelim clearance rate at 54.8% CoreLogic RP Data

<html><body>
The preliminary auction clearance rate across the combined capital cities was 74.1% this week, across 1,784 reported results.
There were a total of 2,192 auctions held across Australia’s capitals this week, up from 2,118 last week. This week’s preliminary clearance rate remained relatively steady over a week on week basis (74.6 per cent) and this year’s result continues to track higher than one year ago, when 69.5 per cent of reported auctions were successful. The number of homes taken to auction this year is also much higher than over the same week last year (1,695) and on a year to date basis, there has been 7.6 per cent more auctions this year than at the same time last year.
<a href="https://blog.corelogic.com.au/wp-content/uploads/2015/08/20150824-Capital-City.jpg" target="_blank">Click to enlarge</a>
<a href="https://blog.corelogic.com.au/wp-content/uploads/2015/08/20150824-Capital-City.jpg" rel="wp-prettyPhoto[g5440]"><img class="aligncenter size-full wp-image-5444" src="https://blog.corelogic.com.au/wp-content/uploads/2015/08/20150824-Capital-City.jpg" alt="20150824 Capital City" width="1076" height="816"></a>
Melbourne’s preliminary clearance rate of 73 per cent is lower than last week’s final clearance of 76.5 per cent and the lowest result for the city since mid-February. There were 943 auctions across the city this week, higher than both last week, when 908 auctions were held and last year, when 758 Melbourne homes were taken to auction. Last year, the final auction clearance rate over the week was 70.7 per cent. All of Melbourne’s individual sub-regions saw clearance rates of 70 per cent or higher this week, except for Inner Melbourne, which was host to the highest volume of auctions this week (206) and saw 69.5 per cent of the 190 reported results sell.
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Across Sydney, 903 homes were taken to auction this week, with a preliminary clearance rate of 79.9 per cent. This week’s result for the city is higher than last week’s final clearance rate of 77.3 per cent and similarly, higher than over the comparable week last year (76.1 per cent). While the clearance rate for the city is higher, the number of homes taken to auction across the city over the last two weeks has been comparable, with just 12 less auctions this week compared to last week. Last year there were 758 auctions. Based on preliminary results, Sydney’s Central Coast recorded the strongest clearance rate this week, with 90.9 per cent of the 22 reported results successful. Following on from this, City and Inner South was the next best performer, with 89.2 per cent of the 74 reported results selling.
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So far this week, 104 Brisbane auctions have been reported to CoreLogic RP Data, with a preliminary clearance of 54.8 per cent. There were 130 Brisbane auctions last week, with a clearance rate of 57.5 per cent, while one year ago, 51.2 per cent of the 134 auctions were successful. This week, 59 auctions were held across the Gold Coast with a preliminary clearance rate of 57.1 per cent across 35 results.
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Adelaide was host to 87 auctions this week and preliminary results show that 74.2 per cent of auctions were successful. Last week, Adelaide’s final auction clearance rate was 68.1 per cent, while one year ago 67.2 per cent of auctions were sold.
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Perth’s preliminary clearance rate was 37.5 per cent this week, up from 30.4 per cent last week and 37.9 per cent one year ago.
The clearance rate for Canberra was 71.1 per cent this week based on preliminary results. Over the previous week Canberra’s clearance rate was 72.1 per cent, while one year ago, 70.7 per cent of reported results were sold. This week’s result for Canberra indicates the 4th consecutive week in which the cities clearance rate has been above the 70 per cent mark.
There were 6 Tasmanian auctions reported to CoreLogic RP Data this week, with 4 sales.
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