Builder-developer ALAND has drawn back the curtain on its first city-focused new apartment development.

The North Sydney development, <a href="https://www.apartments.com.au/new-apartments/the-walden-north-sydney-173-179-walker-street-north-sydney-nsw-2060">The Walden</a>, is the first time the company has ventured this close to the city, having previously completed thousands of apartments predominantly in Sydney's west, and more recently in Gosford.

<a href="https://www.apartments.com.au/developers/aland">ALAND</a> acquired the prime North Sydney site, spanning Walker and Hampden Streets just down the road from the Victoria Cross Metro station, for $240 million in June.

Now they've unveiled the new project, a mix of one-, two-, three- and four-bedroom apartments across a 30-level building designed by Rothelowman.

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The Walden will capitalise on the site’s front-row position on the eastern fringe of the <a href="https://www.apartments.com.au/developments/north-sydney-nsw-2060">North Sydney</a> CBD, which offers uninterrupted Sydney Harbour views stretching from the Sydney Harbour Bridge all the way to Sydney Heads.

The main tower will be flanked by a small four-level amenity building known as The Pavilion, offering exclusive resident-only amenities including a dedicated concierge service, a sauna and private wellness studio, a gymnasium and fitness studio, a resort-style rooftop pool and sundeck.

There will also be a&nbsp;residents’ lounge, private dining and a wine cellar, and co-working facilities with an on-site meeting room and boardroom.

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ALAND Founder Andrew Hrsto said the company knew they could create something "iconic" with The Walden when they saw the site.

&nbsp;

“As a company, we had been searching for a site in one of Sydney’s blue-chip locations, spanning the Eastern Suburbs, the Sydney CBD and the North Shore, and when we had the opportunity to purchase this site, we immediately recognised that it could be something iconic – being the last development with a view offering this exceptional.

“We identified the attributes and quality of the site as being perfectly aligned for ALAND – and we feel that this off-market acquisition is a perfect opportunity to showcase our craftmanship and expertise through a truly unique offering."

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Hrsto pointed to ALAND’s longstanding development expertise as a significant benefit in delivering a positive outcome for The Walden.

“Being a fully integrated development and construction business with a highly experienced team, we have the benefit of in-house experts across the development spectrum, from acquisitions, design, planning, and construction, to sales, marketing, property management, through to building management.

“As one of Australia’s largest private development and construction groups, we’ve been in operation for 23 years, with a Gold Star iCIRT rating and a 100 per cent delivery success rate across numerous masterplanned and mixed-use projects – and we’re very much looking forward to bringing this expertise to The Walden and contributing to the ongoing revitalisation of North Sydney."

The Walden is the latest development in Sydney to have the 10-year Latent Defects Insurance policy by Resilience Insurance, protecting buyers from any structural or waterproofing-related issues for 10 years post-completion.&nbsp;

Demolition of existing structures on The Walden site has already commenced through specialist civil contractor Moits, with the aim of completing preparatory ground works by the end of 2025, ahead of construction commencement in early 2026.

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Joel Robinson

ALAND unveils The Walden, North Sydney's latest luxury apartment development

<a href="https://www.apartments.com.au/developers/toga-group">TOGA</a> has opened sales for the final building in Macquarie Rise, its latest mixed-use development in Macquarie Park.

Since launching its <a href="https://www.apartments.com.au/new-apartments/macquarie-rise-122-herring-road-macquarie-park-nsw-2113">Macquarie Rise</a> in late 2023, TOGA has secured over 125 sales in the Herring Road development, to a range of purchasers, from first home buyers to investors and downsizers. Around 65 per cent of purchasers have been owner-occupiers.

TOGA has now launched a new release of one-, two-, and three-bedroom apartments in the final building, Saunders Rise. Many of the apartments feature multi-purpose rooms and offer views of the surrounding greenery. Also part of the release is a series of&nbsp;sub penthouses housed on the upper floors.

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“We’re delighted with the ongoing strong interest in our Macquarie Rise development, which is testament to the need for premium housing in this much-loved Sydney suburb,"&nbsp;Allan Vidor AM, Managing Director at TOGA, said.

"We’re proud to be able to offer buyers a unique product that includes luxury amenities, spacious living areas and flexible layouts, designed to suit all kinds of buyers, from young professionals to families and investors.

“We have long been advocates of Macquarie Park, and once Macquarie Rise is complete, TOGA will have built 1,000 apartments in the area, delivering much needed homes within a thriving precinct. It’s great to see the area become renowned for high-quality apartments, proximity to amenities and green spaces."

TOGA, one of Australia’s few Gold Star iCIRT rated developers, is also handling construction of Macquarie Rise. They are on track to complete the building in 2027.

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Macquarie Rise boasts a prime location, placing residents within immediate reach of Macquarie Centre, Macquarie University, and the newly completed Macquarie University Metro, connecting to the Sydney CBD is just over 20 minutes.

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Macquarie Rise residents also have access to Club Rise, an exclusive, residents only lounge designed by luxury hotel designers Stack Studio, offering an abundance of work and break-out areas, a Pilates studio, a gym, and a karaoke room. As well as these premium amenities Macquarie Rise will also feature an impressive podium top 20m lap pool.

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“Offering luxury, spacious apartments in a vibrant and well-connected neighbourhood, it’s no surprise that Macquarie Rise remains popular with a range of buyers," said TOGA's General Manager of Sales, Anthony Falas.&nbsp;

"With interest rates tracking downwards, we expect the final apartments to continue to receive high levels of interest.”

Located at 122 Herring Road, Macquarie Park, the development will be delivered in partnership with Baptist Union NSW and Morling College with a value of over $400 million.

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TOGA launches final stage apartments in Macquarie Rise

Southern Cross Station anchors the western end of <a href="https://www.apartments.com.au/developments/melbourne-vic-3000">Melbourne</a>’s CBD, connecting metropolitan and regional rail with tram and bus interchanges in one of the city’s busiest transport corridors.&nbsp;

Just metres away, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a>&nbsp;will place residents in the heart of the city, with immediate access to Spencer Street trams, a growing mix of retail, hospitality and cultural venues, and a neighbourhood evolving into a lively residential precinct.

Developed by <a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a>, the 68-level project integrates a sculptural glass tower with the heritage-listed Eliza Tinsley Building on a 2,765 sqm Bourke St site.&nbsp;

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Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, the development replaces a previously approved scheme for 813 apartments with a refined offering of just over 600 larger-format residences, responding to a growing owner-occupier demand for spacious city living.

The location sits within a dynamic pocket undergoing significant transformation. Marvel Stadium and the Docklands waterfront are less than 10 minutes away on foot, offering both sports and leisure attractions.&nbsp;

Bourke Street Mall, Queen Victoria Market, and the State Library are all within walking distance, while Flagstaff Gardens, Melbourne’s oldest park, provides a green escape just to the north.

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Proximity to some of the city’s largest employers and education hubs, including the courts precinct, legal chambers, RMIT, and major hospitals, makes 640 Bourke Street an appealing residential address for professionals, families and students alike.

Education opportunities span all levels. Nearby, Haileybury City Campus offers private schooling just a short walk from 640 Bourke Street. Just beyond the CBD fringe, Carlton Gardens Primary School, one of Melbourne’s oldest state primary schools, and Docklands Primary School provide convenient government schooling options.

Higher education is equally accessible. RMIT University’s city campus spans multiple buildings just a few blocks away, while the University of Melbourne’s Parkville campus is easily reached via tram along Swanston or Elizabeth Streets.

Victoria University’s City Queen campus, focused on law and business, is also close by, positioning 640 Bourke Street within walking distance of three of Melbourne’s major tertiary institutions.

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The neighbourhood’s retail tapestry continues to evolve into something distinctly local and walkable. Just steps away, Woolworths Metro on Bourke Street ensures that everyday essentials are easily within reach.&nbsp;

For larger shopping trips, Spencer Outlet Centre on Spencer Street and QV Melbourne on the opposite side of the CBD broaden the offering with supermarkets, fashion, dining and specialty stores.

The lane-to-lane vibe unfolds beautifully in nearby arcades and alleys. Hardware Lane, with its European-style red-brick paving and alfresco dining, pulses with jazzy evenings and casual lunches.

A few minutes north, Howey Place and Centre Place offer leafy, boutique-lined lanes where hidden cafés and niche retailers congregate under historic glass-covered cloisters.

Completing this tapestry is the newly opened Mecca “beauty playground” on Bourke Street. Spanning 4,000 sqm over three levels, the flagship blends immersive retail within an art-deco heritage setting.

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This finely grained network of shops, eateries, arcades and service outlets defines the everyday lifestyle at 640 Bourke Street - further enriched by over 3,000 sqm of resident amenity including a Turkish-inspired pool, gym, co-working rooms and private cinemas.&nbsp;

Apartments are priced between&nbsp;$640,000 and $3.95 million. Off the plan stamp duty concessions available until October 2026. Prospective buyers can visit the on site display gallery which has&nbsp;fully built one, two, and three-bedroom apartments.

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640 Bourke Street: A heritage address at the heart of Melbourne

Lower North Shore development specialists&nbsp;<a href="https://www.apartments.com.au/developers/abadeen-group">Abadeen</a>&nbsp;has topped out its new local apartment development,&nbsp;<a href="https://www.apartments.com.au/new-apartments/northcote-collective-naremburn-2-6-northcote-street-naremburn-nsw-2065">Northcote Collective</a>.&nbsp;

Located in the tightly held suburb of <a href="https://www.apartments.com.au/developments/naremburn-nsw-2065">Naremburn</a>, Northcote Collective is a collection of just 58 one-, two-, and three-bedroom apartments designed by award-winning architects Rothelowman.&nbsp;

The building is just a five to 10 minute walk from the heart of Crows Nest and the new&nbsp;St Leonards and Crows Nest Metro stations. Abadeen has also brought doorstep convenience, with a ground-floor retail offering on Northcote Street.

Northcote Collective is being delivered by&nbsp;<a href="https://www.apartments.com.au/builders/decode">Decode</a> — an iCIRT-rated construction company well regarded in the new development industry.

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“This is an important and exciting moment for Northcote Collective, and we’re proud to celebrate this milestone with our partners, consultants, and future residents,” said Justin Brown, Executive Chairman and Founder of Abadeen.&nbsp;

“From the outset, our vision was to create something truly special for Naremburn — homes that respect the character of the neighbourhood while elevating the standard of Lower North Shore living. With connectivity to transport, retail on the doorstep and a true village lifestyle, this milestone also comes at a perfect time when buyer confidence is returning to the market. I am incredibly proud of our team and of Decode for their dedication in helping us bring this vision to life.”

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The development is two-tiered, with two rooftops for residents. The taller building has an impressive rooftop pool, a rare inclusion in the new Sydney apartment market. The level, with panoramic views, also includes an entertaining terrace with barbecue facilities.

Local downsizers and young professionals are showing the strongest interest in the development, with recent improvements in the property market — supported by three rate cuts in 2025 — boosting borrowing power and buyer confidence.

Auction activity across Sydney surged by almost 30 per cent in recent weeks, with clearance rates above 70 per cent — signalling a renewed wave of buyer demand.

Northcote Collective will welcome buyers in 2026.

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Abadeen tops out Northcote Collective in Naremburn

Sunshine Coast-based <a href="https://www.apartments.com.au/developers/devcon-property-group">Devcon Property Group</a> has acquired one of Maroochydore’s most prominent development sites for $12 million unlocking the potentialfor a mixed-use project in the Cotton Tree precinct.

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The 4,178 sqm site at 41–43 Aerodrome Road—well known locally as the former home to one of Australia’s last Sizzler restaurants—was sold via an off-market expressions of interest campaign by Colliers agents Nick Dowling and Baydn Dodds. More than 70 targeted buyer groups were approached, resulting in multiple competitive offers for the property.

Devcon Property Group Managing Director Michael Kain said the acquisition was a strategic move in line with the company’s focus on delivering high-quality projects in prime coastal locations.&nbsp;

“We’re excited about the possibilities this site, in one of the Sunshine Coast’s most iconic beachside &nbsp;communities, offers for a broad range of development outcomes,” Kain said.

“Its location, ocean view potential, and proximity to the Maroochydore CBD and beach make it an &nbsp;outstanding development prospect. Our plans are to refurbish the existing building and then review &nbsp;development options for the remainder of the site.”&nbsp;

<img alt="Aerodrome Rd site overlooking Beach (Large)" data-entity-type="file" data-entity-uuid="a29dc4ed-68c1-4bec-a4fc-283063dcde1e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aerodrome%20Rd%20site%20overlooking%20Beach%20%28Large%29.jpg?VersionId=b0WxJWevmLoAfCP4YvGImZpR3rSCJJ9L" />

Colliers Special Projects Manager Baydn Dodds said the sale reflected the ongoing strength of the &nbsp;Sunshine Coast’s development site market, particularly for projects capable of achieving water views. &nbsp;

“Sites of this scale, in walkable beachside locations with ocean views, are tightly held and continue to attract significant interest from both local and national developers,” Baydn Dodds said. &nbsp;

“Holding a prominent position as the former home to one of Australia’s last Sizzler restaurants and more recently occupied by Rashays, the prime site is located just 150 metres from Maroochydore Beach.&nbsp;

“With stunning ocean view potential, located in one of the Sunshine Coast’s best known iconic &nbsp;beachside communities, within steps of shops, cafes and the beach it is no surprise that there was strong interest in the site. The transaction highlights the ongoing depth of demand for well-located &nbsp;mixed-use sites across the Sunshine Coast.”&nbsp;

Colliers Sunshine Coast Managing Director Nick Dowling said the transaction reinforced the &nbsp;Sunshine Coast’s status as one of Australia’s most active development markets.&nbsp;

“The combination of strong population growth, lifestyle appeal, and infrastructure investment is &nbsp;driving demand for quality development opportunities,” Nick Dowling said. &nbsp;

“The Sunshine Coast is one of only three markets nationally to record an increase in crane numbers, &nbsp;reflecting the strength of the region’s construction pipeline.&nbsp;

“Opportunities like this are rare and continue to generate strong buyer interest in the region.”&nbsp;

The Sunshine Coast development market is booming, with several high-profile developers like Cube Developments, Gardner Vaughan Group, and RCQ, planning developments in the region.

Devcon buys Sunshine Coast’s former Sizzler site for new apartment development

Greenwich

Greenwich&rsquo;s newest luxury apartment development Akoya will offer facilities including a virtual golf simulator.

It is an eight-storey, 40-apartment seniors living development currently being built at 2 Greenwich Rd.&nbsp;

The project is being developed by the Alceon Group in partnership with NGS Super, which was established in 1988 as an industry super fund for people who work in education and community-focused organisations. Alceon is headed by Trevor Loewensohn and Phil Green.

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The 2140 sqm site was bought in late 2019 at $18 million after Northside Group&rsquo;s Greenwich clinic, the second hospital to open under entreprenuer Paul Ramsay in 1973, was closed in 2016.

Artazan Property Group has been appointed the project manager.

Designed by renowned Architects Marchese Partners, all its one, two and three-bedroom apartments will have studies.

The shared facilities include the Club Lounge, with its virtual golf driving range simulator.

There will also be a 10-seat cinema, private dining room, wine cellar and a library with fireplace.&nbsp;

There will be an on-site cafe/restaurant.

Apartment prices start from $1.35 million to $4.85 million through Alex Hillston and Tim Abbott at Ray White Lower North Shore Projects.

Greenwich’s newest luxury seniors apartment development Akoya will offer facilities including a virtual golf driving range simulator

jchancellor

Greenwich luxury seniors apartment block Akoya will have virtual golf simulator

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A Hollywood Hills-style mansion in Greenwich has hit the market with $2.9 million hopes. 
The <a href="https://www.realestate.com.au/property-house-nsw-greenwich-133450890">Bellevue Avenue property</a> was once owned by the late American talk show host Don Lane. 
The home comprises five bedrooms, two bathrooms and parking for four vehicles. 
It also features grand entry with pivot door, resort-style outdoor zone, water feature and glass-fenced pool. 
Surrounded by lefty outlooks, it is within close proximity to primary school, shops, cafes and bus links. 
The property is being sold by Amanda Mifsud, CEO and director of window furnishings company Blind Inspiration.
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Don Lane's former Greenwich Hollywood Hills-style home hits the market 

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TV presenter Antonia Kidman, the younger sister of actor Nicole Kidman, is seeking tenants for her long-held lower north shore home — which has for some time been an executive rental.
Kidman is now based in Singapore with her businessman husband Craig Marran and their children.
Kidman is seeking a $2500-a-week tenant for the two-level Greenwich home with harbour views, which sits in sprawling 1785 sqm wraparound gardens­ and lawns. It has five bedrooms, three bathrooms, open-plan kitchen and a formal dining area.
SydneySlice Woollahra agent Melanie La Pouple is offering it at the same rental as two years ago, when it had been freshly painted. “It suits a family, large or small,” the marketing says.
The Kidman clan haven’t called Greenwich home since 2009 when they left for Singapore. 
Once dubbed Bisley, the Edwardian-era grand manor was built in 1912 for rifle importer Harry Motton, who had bought the block from Dr Walter Burfitt.
According to Motton’s granddaughter, a time capsule­ was buried in the grounds by a member of the original family. 
Kidman and her late husband, businessman Angus Hawley, paid $4.3 million in 2005 for the home — which was not far from her parents.
The late psychologist and author Dr Antony Kidman and his wife Janelle­ had purchased their 1882 sandstone former drapery shop home in 1998 from Sydney advertising guru Simon Collins for $1.65 million.
Kidman and Hawley, who were married for 11 years, had four children.
She now has two children with Marran.
The family retains a holiday­ home at Whale Beach, which cost $2,025,000 in 2011.
Antonia’s first Sydney property was a hand-me-down, a one-bedroom unit above shops in Mosman which her older sister had secured in 1987.
The elder Kidman had spent $81,000 on the Military Rd unit but when Hollywood and Tom Cruise beckoned, Antonia took up occupancy.
The unit was sold in 1998 for $265,000.
This article was first published in the Saturday Daily Telegraph. 
 
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Antonia Kidman seeks tenants for Greenwich home

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A Greenwich four bedroom home designed by architect Michael Suttor with manicured gardens by Paul Bangay has been listed for sale with a price guide of $5.5 million. 
Hugh Macfarlan, of Raine &amp; Horne HM Group, has scheduled an October 20 auction. 
Set on a 615 square metre allotment, the harbourside house at <a href="https://www.realestate.com.au/property-house-nsw-greenwich-129360526" target="_blank">52 King William Street </a>comes with four bedrooms, formal lounge with fireplace, and open plan living and dining areas served by marble kitchen.
It also features study, self contained teenage retreat, wine cellar, plant room and rainwater tanks.
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The home is just a stroll to the local shops, Greenwich primary school, parks, Harbour foreshore walks and CBD ferry transport, moments to RNS Hospital, and surrounded by Sydney's best private schools.
The suburb's median house price sits at $2.56 million according to CoreLogic. 
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Harbourside Greenwich trophy home set to go under the hammer

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A five-storey commercial building and residential dwelling in Greenwich on Sydney’s blue-chip Lower North Shore has hit the market with around $30 million expectations. 
The two adjoining properties are being sold by Ramsay Health Care, Australia’s largest owner of private hospitals, which has operated a hospital on the site since 1973. 
Ramsay Health Care has recently built a replacement hospital in St Leonards. 
Billed for mixed-use or residential development subject to council approval, 2 Greenwich Road (above and below) and 3 Anglo Road occupy 2,464 sqm of Commercial Core and Low Density Residential land.
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Savills Australia’s Neil Cooke, Stuart Cox and Johnathon Broome have been appointed to manage the international expressions-of-interest campaign, saying they expected significant enquiry from mid- to long-term investors, as well as “sophisticated developers looking to finalise the permit-planning process and develop a landmark boutique residential project”. 
“Such prestigious development opportunities rarely come to market in this tightly held Lower North Shore location,” Cooke said.
“The property offers genuine income potential with the additional upside of a future mixed-use development (STCA).”
For the 2 Greenwich Road parcel, the planning proposal recently received “Gateway Approval” to include “Shop Top Housing” as a permitted use, and an increased building height limit from 25 metres to potentially 33 metres, with the proposed floor space ratio maintained at 3:1.
“The existing building enjoys outstanding panoramic and uninterrupted views back to the Sydney CBD and Sydney Harbour, which will only be improved through further redevelopment of the site,” Cox said.
“This asset is strategically positioned to do just that, by capitalising on its mixed-use or residential redevelopment potential in the future (STCA).”
 
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jrobinson-rf4aSBido9

Savills list Greenwich development site with $30 million hopes

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Oxalis Cottage, the humble house in Greenwich that was the longtime home of columnist Ross Campbell and his widow Ruth, was sold for $2,301,000 at auction last weekend.
Campbell, who wrote for the Sunday Telegraph from the mid-1950s through to the 1970s, paid £500 in 1949 for the building block at the end of Coolabah Avenue.
It was up for sale with $2 million plus hopes.
The property was once described by Ross as "a suburban house of 15 squares, including myself".
The name sounds picturesque, but oxalis was the name of a weed that flourished there.
Campbell, who was once suggested as being the Jerry Seinfeld of the times, retired in 1978.
The couple tried to sell the house to go travelling, but only managed to find a buyer for the adjoining garden block.
The son of a Melbourne estate agent died in 1982, while Ruth passed away earlier this year, aged 95. 
<a href="https://www.realestate.com.au/sold/property-house-nsw-greenwich-129042198" target="_blank">Oxalis Cottage</a> was listed by their four children, the home’s celebrity redheaded occupants.
The eldest Sally Campbell is a textile designer, Patrick Campbell is a solar energy scientist, Laura “Nell” Campbell is an actor and former New York nightclub owner, and youngest Cressida Campbell is an artist.
They appeared in his columns which detailed ordinary family life with his four children, known by pseudonyms, Cressida as Baby Pip; Sally was Theodora, Nell was Little Nell and Patrick was Lancelot.
Its been suggested only the Seven Little Australians were a better-known family than the Campbell clan.
Remarkably the the two-storey cottage is a time-capsule, still has the milk bottle servery by the front door. There's a kitchen dining nook.
Campbell once wrote of the rise of refrigerator snobbery with his children asking: "Why hasn't our fridge got a light in it?"
It was editor-in-chief David McNicoll who recruited Campbell to the Telegraph from the Sydney Morning Herald where he felt his levity wasn't wanted.
Three collections of Campbell's columns were published in his lifetime, and his memoir, An Urge To Laugh, was published just before his death.
The neighbours’ children held an 80 cents lemonade stall at the onsite auction which Campbell would have surely made into a column item.
This article first appeared in The Sunday Telegraph. 
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Late columnist Ross Campbell's Greenwich home Oxalis Cottage sold

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The Sydney hoarder’s house, deplete of the mummified body found earlier this year, sold at weekend auction for $2.07 million.
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The result was $270,000 above the $1.8 million reserve for the Greenwich offering.
The purchasers of <a id="x_mcntLPlnk337040" class="x_mcntOWAAutoLink" href="https://www.realestate.com.au/sold/property-house-nsw-greenwich-128954682" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">31 Greendale Street</a> were an expatriate family in Singapore who beat off keen bidding from a young Marrickville couple.
There are plans to initially renovate and rent it out until it is knocked down.
The skeletal remains of a suspected murder victim Shane Snellman were found rolled in carpet inside a bedroom in June with police revealing the corpse had likely been there for at least a decade.
The owner Brian Roberts, who died of a heart attack last year, had bought the freestanding double-brick house on its 557-square-metre block, in 1991 for $200,000. 
The police theory was Snellman, who had suffered several injuries, was trying to rob the house when Roberts killed the intruder.
The Sunday Telegraph reported the notoriety, cobwebs, peeling paint, disgusting kitchen and mouldy bathroom was no discouragement for the 11 registered buyers.
Domain suggested it was like a macabre museum exhibit.
Sydney's top sale was nearby when <a id="x_mcntLPlnk514211" class="x_mcntOWAAutoLink" href="https://www.realestate.com.au/sold/property-house-nsw-greenwich-128928586" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">15 Vista Street, Greenwich </a>sold pre-auction for $3.55 million.
Built in 1935 by architect, Nigel Ashton, the home had been by the same family for 83 years.
It came with views of the harbour bridge and the city skyline. 
Sydney's highest sale under the hammer result was at Willoughby where $3,265,000 was paid for <a id="x_mcntLPlnk24636" class="x_mcntOWAAutoLink" href="https://www.realestate.com.au/property-house-nsw-willoughby-128925434" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">3 Hollywood Crescent</a>.
It was a 1930s bungalow last sold at $1.95 million in 2009.
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There were 717 auctions held in Sydney returning a preliminary clearance rate of 59.1 per cent. One year ago, 832 auctions were held and the clearance rate came in at 67.4 per cent.
In Melbourne, a preliminary auction clearance rate of 58.6 per cent was recorded across 898 auctions on the weekend. This time last year, 1,124 auctions were held, returning a clearance rate of 72.3 per cent.
<img src="https://www.urban.com.au/images/2018/8/27/CoreLogic%20Greenwich.JPG" alt="">
Melbourne's top sale was also secured ahead of its Saturday scheduled auction, a South Yarra home renovated under the guidance of INARC design.
It was the $6.25 million sale of <a id="x_mcntLPlnk447497" class="x_mcntOWAAutoLink" href="https://www.realestate.com.au/sold/property-house-vic-south+yarra-128158838" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">23 Airlie Street, South Yarra</a>, which had an asking price of $8.25 million earlier this year.
It had been listed this time with $6.5 million hopes through RT Edgar. 
Under the hammer, Melbourne's top result was in Camberwell when <a id="x_mcntLPlnk615615" class="x_mcntOWAAutoLink" href="https://www.realestateview.com.au/real-estate/12-derby-street-camberwell-vic/property-details-sold-residential-12017091/" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">12 Derby Street</a> sold for $3.8 million through Jellis Craig.
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The indicative selling price had been $3,500,000 to $3,800,000 for Gladstone Villa, a graceful four bedroom 1889 Victorian residence.
Not far away a 1930s Canterbury changed hands for $1.91 million for the first time after competition between five bidders at its Kay &amp; Burton auction.
Given its one family ownership, Laurel-Leigh, the heritage-protected three-bedroom home <a id="x_mcntLPlnk376881" class="x_mcntOWAAutoLink" href="https://www.realestateview.com.au/real-estate/26-maysia-street-canterbury-vic/property-details-sold-residential-12021336/" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">at 26 Maysia Street</a>, came with intact lead lighting, stucco walls, ornate ceilings, terrazzo flooring and bow window.
Its pre-auction price guidance was $1.7 million to $1.8 million.  
There were five bidders.
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On the latest weekend of winter, CoreLogic calculated 1,909 homes were taken to auction across the combined capital cities, up from 1,684 over the previous week. 
"Auction volumes have slowly started to increase over the last couple of weeks however current volumes remain lower than this time last year when 2,270 auctions were held," Corelogic auction analyst Kevin Brogan noted.
"Through winter, the number of homes taken to auction has been tracking roughly 20% lower than a year ago, highlighting a substantial weakening in vendor confidence driven by the softer housing market conditions and consistently lower clearance rates."
Preliminary results show a clearance rate of 57.9 percent this week, increasing from last week’s final clearance rate of 53.3 per cent, although this will revise as the remaining results are collected. 
Over the same week last year the final clearance rate was 68.3 percent.
Canberra's 66.7 percent weekend clearance rate result was the top selling capital city.
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