Urban Property Group's <a href="https://www.apartments.com.au/new-apartments/la-vera-macquarie-park-94-talavera-road-macquarie-park-nsw-2113">La Vera</a> is leading the next phase of Macquarie Park's residential evolution, with the new apartment development set to become the first of several new apartment projects in the precinct to complete.

The 169-apartment building has now topped out ahead of its scheduled completion in the third quarter of 2026, as new residential investment continues to reshape one of Sydney's largest employment hubs into a true mixed-use precinct.

[smartcode_project:default project_id=134951 project_image_fid=368645]

Cox Architecture has designed La Vera to capture the best of its unique positioning on Talavera Road, orienting the building towards Lane Cove National Park.&nbsp;The building features a sculpted northern façade with flowing curves inspired by the surrounding landscape, while its city-facing elevation adopts a more structured architectural expression to maximise skyline views.

"The vision for the project was to conceive a building that adopted an organic and curvilinear form to the northern portion that faces the Lane Cove National Park," <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a> Director Felipe Miranda said.

"The residents that reside in the northern portion of the building benefit by having beautifully crafted curved balconies that speak to the natural context and heighten the relationship of their internal living spaces to the external balconies."

[smartcode_project:default project_id=134951 project_image_fid=358802]

La Vera offers a diverse mix of one, two, three, and four-bedroom configurations, with prices currently starting from $740,000. Buyers so far have been a mix of Sydney-based investors,&nbsp;metro commuters, owner-occupiers and downsizers from surrounding North Shore suburbs.

Both investors and owner-occupiers have been drawn to La Vera's proximity to Macquarie University, Macquarie University Hospital, Macquarie Centre and the Sydney Metro, infrastructure that supports both strong rental demand and a convenient lifestyle for residents.

The apartments feature full-height glazing, timber flooring throughout living areas, stone kitchen benchtops, SMEG appliances, floor-to-ceiling bathroom tiling and ducted air conditioning.

Residents will have access to a rooftop recreation level featuring a swimming pool, sauna, barbecue facilities and landscaped relaxation areas, complemented by additional communal space at ground level. Many apartments enjoy uninterrupted views across Lane Cove National Park, reinforcing the project's connection to its natural setting.

[smartcode_project:default project_id=134951 project_image_fid=364551]

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a>, a family-owned developer and builder with nearly four decades of experience, holds a 4.5-star iCIRT rating and was Australia's first developer to introduce 10-Year Latent Defects Insurance (LDI). La Vera is the first apartment development in <a href="https://www.apartments.com.au/developments/macquarie-park-nsw-2113">Macquarie Park</a> approved to offer the additional insurance protection, alongside a five-year warranty on SMEG appliances.

Urban Property Group CEO Patrick Elias said the additional protection reflects changing buyer expectations in the off the plan market.

"Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. Having LDI is a tool to portray the confidence that we have in our product, and a confidence we want buyers to share," Elias said.

Following completion of the building later this year, buyers will move into their apartments well before Christmas.

[smartcode_project_cta:default project_id=134951]

Joel Robinson

La Vera closes in on completion as Macquarie Park continues residential transformation

Brisbane developer Red &amp; Co's decision to include dual key apartments in its debut Gold Coast apartment development, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO Varsity Lakes</a>, is proving to be one of the project's biggest drawcards, with buyers quickly snapping up the flexible residences.

More than half of the project's 36 dual key apartments have already sold, helping drive COMO beyond the 50 per cent sold mark within the first month of launch.

The strong response highlights growing demand for apartment designs that can adapt to changing lifestyles, with buyers increasingly looking for homes that accommodate multi-generational living, provide rental income opportunities or simply offer greater flexibility over time.

Located on the shores of Lake Orr, COMO will deliver 156 apartments across 16 levels, with the dual-key residences forming a limited release within the broader development.

Each combines a primary two-bedroom apartment with a fully self-contained studio on a single title, connected by a shared foyer and lockable internal door. The design allows owners to house ageing parents, adult children or guests while maintaining privacy, or lease the secondary residence to generate additional income.

Just 17 of the original 36 dual key apartments remain available.

[smartcode_project:default project_id=135546 project_image_fid=367096]

The innovative configuration combines two fully self-contained residences on a single title, typically comprising a primary two-bedroom apartment alongside a separate studio residence, connected via a shared foyer and lockable internal door.&nbsp;

The model is proving particularly attractive to owner occupiers navigating changing family dynamics and the realities of the current housing crisis.&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363511]

<a href="https://www.apartments.com.au/project-marketer/npa">NPA</a>&nbsp;CEO Andrew Erwin said dual key living was resonating strongly with modern buyers because it delivered both financial flexibility and practical lifestyle benefits.&nbsp;

“The housing crisis and rising cost of living are fundamentally changing how Australians think about home ownership,” Erwin said.&nbsp;

“Dual key apartments provide a genuine solution for families who want to stay connected while maintaining independence. Parents can help adult children save for a future home, ageing parents can remain nearby without moving into aged care, and owners still retain privacy and flexibility.

“Importantly, buyers are also recognising the financial advantages. It creates the opportunity to generate additional income from part of the home without the holding costs associated with owning a separate investment property.”&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363509]

Unlike traditional dual occupancy arrangements, the residences operate under a single title, meaning owners only incur one set of body corporate fees, council rates and holding costs.&nbsp;

The secondary residence can also evolve over time - functioning as guest accommodation, a home office, creative studio or private retreat before later becoming an income-producing asset.

<a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co</a>&nbsp;Director and Co-Founder David Laverty said the strong early sales reflected growing buyer urgency and changing priorities within the market.&nbsp;

“Securing more than half of COMO’s residences within such a short timeframe is an outstanding result and a clear endorsement of both the design and location,” Laverty said.&nbsp;

“Buyers are responding to the combination of location, connectivity and amenity, but ultimately it’s value relative to other East Coast markets that is driving enquiry.”&nbsp;

“We’re also seeing strong interest from owner occupiers looking for homes that can adapt with them over time. Flexibility has become one of the most important considerations for buyers in today’s market.”&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363515]

Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, COMO features a mix of one-, two- and three-bedroom residences with 2.7-metre ceilings and larger-format floorplans aimed at owner occupiers, downsizers and lifestyle-focused buyers.&nbsp;

The development will feature an extensive rooftop recreation and wellness offering including a 25-metre lap pool, sundeck, barbecue and dining areas, gym, sauna, plunge baths, landscaped gardens, wellness spaces and rooftop pickleball and paddleball courts.

The remaining dual key apartments range from 137 sqm to 167 sqm and include generous three-bedroom layouts with separate self-contained studio accommodation and dual parking.&nbsp;

Erwin said the dual key concept represented a broader shift in how Australians would live in the future.

“People want homes that can evolve with their lives,” he said.&nbsp;

“A dual key apartment can suit a family today, support an ageing parent tomorrow, and potentially generate income later on. That adaptability is becoming incredibly valuable in the current environment.”

Prices currently range from $2,115,750 to $2,583,000.&nbsp;

[smartcode_project_cta:default project_id=135546]

Inter-generational living drives demand for COMO’s dual key apartments as housing pressures reshape buyer priorities 

Builder-developer&nbsp;<a href="https://www.apartments.com.au/developers/ceerose">Ceerose</a> has doubled down on its Leichhardt ambitions, lodging its second State Significant Development Application (SSDA) in the suburb in the last six months.

Their newest proposal seeks to transform a former industrial precinct into a new residential community centred around the adaptive reuse of one of the site's heritage warehouse buildings.

The new project, on a 6,930 sqm block at&nbsp;<a href="https://www.apartments.com.au/new-apartments/40-76-william-street-leichhardt-nsw-2040">40–76 William Street</a>, will bring more than 200 apartments to a suburb that has seen little to no new supply in recent years. It follows Ceerose's late 2025 SSDA for a mixed-use apartment project on nearby Parramatta Road, signalling the developer's growing investment in Sydney's Inner West.

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the redevelopment would involve the demolition of four existing industrial buildings while retaining and adaptively reusing the site's most significant warehouse. The retained structure would anchor a new residential precinct comprising five interconnected buildings arranged around a large central landscaped courtyard, with heights stepping from five storeys along the surrounding residential streets to 11 storeys at the William Street corner.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="7258c54c-8167-479e-8361-2d5fca9915b4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010B%20-%20CGI%20-%20View%202.jpg?VersionId=S9DQfxu_jpcB5LrAEYFUbyMzg5odW6i5" />

According to the Architecture Design Report by Woods Bagot, the proposal "seeks to create a residential village centred around a generous green heart while celebrating the site's industrial heritage through the adaptive reuse of the existing warehouse building."

The development would comprise 203 apartments, with 188 proposed as build-to-sell residences, alongside 15 affordable housing apartments.

Rather than treating the retained warehouse as a standalone heritage object, Woods Bagot has sought to weave the site's industrial history throughout the masterplan. The proposal retains the north and west facades of the landmark corner warehouse, while new buildings reinterpret the site's brick-and-steel industrial language through their material palette and architectural expression.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="9e8c64c2-881b-49e1-8c90-6b6acaaa45b6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010C%20-%20CGI%20-%20View%203.jpg?VersionId=Qm8_8H_Xrg_sc4Mdjc59vlAcKF_5wRTb" />

The design is organised around what Woods Bagot describes as a "green heart", a landscaped communal open space that reinstates the leafy character removed when the site became an industrial storage facility. A new pedestrian laneway running through the site would improve permeability between William, North and Francis streets, linking residents through landscaped public spaces while activating the ground plane.

Residents would have access to communal gardens, rooftop open space and shared recreation areas distributed throughout the development. Sustainability has also been prioritised, with the project targeting an average 7.9-star NatHERS rating. Proposed initiatives include rooftop solar generation, rainwater harvesting, passive solar design, naturally ventilated lobbies, extensive cross-ventilation and the reuse of existing building fabric to reduce embodied carbon.

The adaptive reuse strategy became a defining feature of the application after heritage investigations found only one of the site's industrial buildings could feasibly be retained. The Heritage Impact Statement concludes that preserving the key warehouse façades while referencing the site's industrial character throughout the new development provides an appropriate balance between renewal and conservation.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="efffafdb-594f-4e2b-a067-921fd51c05e1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010D%20-%20CGI%20-%20View%204.jpg?VersionId=DPmE4.k16YRt0i27hEZVtJAffarpvUfx" />

"Retention and adaptation of the site buildings has been explored but found not to be feasible except for the tallest building, whose street facades will be retained," the heritage report states.

"The proposed building will interpret the brick and steel character of the subject site, including reuse of some components and construction of a large 'sawtooth' structure in the proposed open space."

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="3bfef2b5-83f5-40cd-9cab-767092f34266" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010E%20-%20CGI%20-%20View%205.jpg?VersionId=7asb3i_ql4ybbuJOUb5UHBEIy0Q9t.DF" />

The William Street site is located around 300 metres from Leichhardt North Light Rail station and a short walk to Norton Street's retail, dining and hospitality precinct. The surrounding area has increasingly become a focus for urban renewal given its proximity to public transport and the Parramatta Road corridor.

Ceerose, founded by Edward Doueihi in 1998, has become one of Sydney's more active apartment developers, with completed projects including The Alex Collective in Alexandria, Abbie's Lane in Annandale, and the award-winning Munro House in Elizabeth Bay. They are currently delivering Belgravia, 17 luxury apartments in Potts Point.

First look: Ceerose doubles down in Leichhardt with adaptive reuse of former warehouse site

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]

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

Property Sale

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A $400,000 sale of 3 Lads Place, Dunlop was Canberra's cheapest weekend auction sale.
<a href="https://www.realestateview.com.au/Real-Estate/3-lads-place-dunlop/Property-Details-buy-residential-9593282" target="_blank">The four bedroom house </a>sold through LJH Commercial Canberra.
It last sold at $259,950 in 2003.
It was marketed as having a $480 to $500 weekly rental estimate, reflecting a 6 percent gross yield.
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jchancellor-FAypfDUnLy

Canberra's cheapest $400,000 in Dunlop

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The landmark sculptural building at 1 Hargrave St, Paddington purpose designed in 1989 for Sherman Galleries, sold last week, for $3 million by R&amp;W Bondi Junction agent Andre Frack.
The <a href="https://www.realcommercial.com.au/property-offices-nsw-paddington-501706809" target="_blank">contemporary three level building</a> with rooftop garden terrace was bought by Sydney sculptors Janos Korban and Stefanie Flaubert.
They have a well-established furniture practice in Alexandria renowned for their work with metal.
It will likely resume life as a gallery and exhibition space, a result no doubt pleasing not only the sellers, art academic and philanthropist Dr Gene Sherman and Equitilink founder Brian Sherman, but the local arts community. 
Buying interest in the corner building, which operated as Sherman Galleries until 2002, also came from several quarters including architectural and design firms.
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Former Sherman Galleries Paddington building sold to sculptors

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New South Wales auction results for the week ending Sunday 11 October show a preliminary clearance rate of 73% from 1141 scheduled auctions.
<div class="reported-auctions">
<div class="num">According to data from realestate.com.au, 382 were sold at auction within NSW, 150 passed in and 174 sold prior to auction.</div>
<div class="num"> </div>
<div class="num">One standout property sold in the Sydney suburb of Balgowlah was a three bedroom, one bathroom on 580sqm at <a href="https://www.realestate.com.au/property-house-nsw-balgowlah-120737825" target="_blank">76 Condamine Street Balgowlah</a> that sold for  $2,500,000.
</div>
<div class="num">
 The median price for a house in <a href="/news">Balgowlah is $1,660,000</a>, according to CoreLogic RP Data.
</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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mick.cee-iDmgDDAmu8

NSW auction results show 73% preliminary clearance rate: Realestate.com.au

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A property in the Victorian suburb of Garfield has made the latest top ten most discounted properties nationwide list from SQM Research in the number ten spot.
The four bedroom home on average at 1110 Nar Nar Goon Longworry road, Garfield, VIC, was first listed back in May 2011 with an original asking price of $1.2 million, according to SQM Research managing director Louis Christopher, who said the vendor reduced the asking price in August 2014, then again more recently to $850,000. "The property consists of a four bedroom home, 11 small paddocks, six stables, multiple haysheds, carports, horse shelters and more. This property is most definitely suited for someone interested in horses with plenty of business potential," he said.
<a href="/images/2015/10/07/Screen%20Shot%202015-10-07%20at%209.28.39%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/07/Screen%20Shot%202015-10-07%20at%209.28.39%20PM.png" alt="">
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New entrant scrapes into top ten discounted properties nationwide list: SQM Research

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A hilltop East Fremantle home has been listed for sale.
The <a href="https://www.realestateview.com.au/Real-Estate/42-alexandra-road-east-fremantle/Property-Details-buy-residential-9409662" target="_blank">2 Alexandra Road</a> property rebuilt in 2010 has been listed with $4 million plus hopes through Jonathan Keys at William Porteous Properties International.
A rooftop garden has wide river and ocean views.
The house is built on a 965 square metre floor area with under vaulted ceilings and travertine floors.
The median price for a house in <a href="/news">East Fremantle is $1,175,000</a>, according to CoreLogic RP Data.
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Hilltop East Fremantle trophy listed

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Blacktown's recent early spring 50% auction clearance rate blues - see-sawing at well below the overall 75% Sydney average - has highlighted growing concerns about a potential spring listings oversupply.
And some local agents are worried about the capacity to find enough buyers, especially investors.
Recent CoreLogic RP Data results suggest the higher the uptick in auction volumes the lower the success rates especially in suburbs where the auction system is not that entrenched.
Sydney's longstanding auction engine room - the inner west - continues to lead Sydney's auction property market sitting still in the high 80s, but its success rate too is down a tad on on recent peaks.
"What we’re seeing is that some investor demand has already been met in these markets, in Blacktown and other parts of western Sydney," Brian Reid, the chief executive at Raine &amp; Horne noted.
"It would also appear that more vendors are adopting the auction process as the median price in many of the outer suburbs approaches or exceeds the $1 million mark.
"There is still some strength and value in this market," he suggested.
Brian Reid added there is an over-reliance on auction clearance rates when measuring the health of the market, "whereas a truer indicator is the number of days-on-market."
LJ Hooker agent Clair Andree-Evarts said she had a recent "great result" for her $885,000 sale of 96 Peter Street - part of her 100% success rate this year for her auctions.
Despite her success she noted APRA's crackdown especially since June had effected the market as around half the buyers "disappeared" with the biggest issue being the 20% deposit requirement.
"This led to less buyers.
"The problem is less buyers meant less competition on auction day and with the market having been so great over the last year most agents were still relying on the buyers to fight it out themselves at auctions and hoping the results would just happen."
Many offerings have the added advantage with the current rezoning under the new Blacktown City Council Land and Environment Plan as R4-High density residential, so the buy and hold and redevelop potential is possible, she added.. 
Harcourts agent Rod Nolan suggested buyer enquiry numbers and open home inspection numbers are down on six months ago.
"I put it mainly down to rising stock levels which have tripled if not quadrupled in the same period and the increase in interest rates for investors.
"Buyers have more choice now so they will take longer to make it and negotiate harder."
Agent James Sotiropoulos suggested in Blacktown most properties were still offered by private treaty and auction was not the preferred method.
"The heat has come off the Sydney market and more properties are been placed on the market with vendor expecting results that are just not there any longer," he said.
The McGrath chief auctioneer Scott Kennedy-Green has noted a big improvement - against the trend - in the clearance rate of Parramatta and surrounds.
"It saw the biggest change up in year on year figures from 65% clearance in 2014 to 81% clearance this year while the number of auctions booked increase from 48 to 61,"
"This points to a popularity and comfort with the  auction process as a preferred method of sale, further west from Sydney’s CBD into less traditional auction areas," Scott Kennedy-Green noted.
<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="" style="line-height: 1.3em;">
Source September 7 CoreLogic RP Data 
Thomas Doyle, at PRD Research suggested primarily he’d put the Blacktown result down to the fact there isn’t an auction culture in Blacktown, "or the other western areas for that matter."
"Many factors contribute to auction clearance rate, including whether the reserve price reflects value at a price the market will accept.
"Buyers interested in Blacktown may lack the stomach for auction.
"Moreover, Blacktown stock may not compliment the auction mechanism.
"I’d put this down to an implicit premium that auctions are typically reserved for, which is lacking from these west markets - auctions seek to maximise buyer demand by speculating on market interest and anticipation for value – auction culture."
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Blacktown's see-sawing auction success rate suggests supply concerns

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Selling for more than $7 million, the Adelaide trophy home, Ivanhoe has set a South Australia record.
The property at <a href="https://www.realestate.com.au/property-house-sa-gilberton-106823637" target="_blank">9 Edwin Terace, Gilberton</a> sold off-market through Bernard H Booth agent Jamie Brown.
The previous record was held by historic Glenelg mansion Stormont, which sold for $6.5 million in 2010, also by Jamie Brown.
The 1889-built freestone six bedroom mansion offers almost 740sqm of living space across its 13 rooms.
It was set on a 4346sqm with tennis court and a pool.
It was built in 1889 by George Brookman, who named it Ivanhoe after his successful Kalgoorlie mine of the same name.
The property last sold in 2011 for $6.2 million to businessman Mark Britten-Jones.
 
SA’s previous top house sales
1/ $6.5 million — 14 South Esplanade, Glenelg, sold 2010
6 bedrooms, 4 bathrooms, two kitchens and a lift, sold with two titles.
Built 1886
2/ $6.4 million — 12 The Avenue, Medindie, sold 11/10/06
5 bedrooms, 3 bathrooms, 3 parking spaces, 9255sqm
Built 1876
3/ $6.2 million — 9 Edwin Tce, Gilberton, sold 29/06/11
5 bedrooms, 3 bathrooms, 2 parking spaces, 4346sqm
Built 1889
4/ $5.6 million — 28 Robe Tce, Medindie, sold 15/02/11
5 bedrooms, 4 bathrooms, 3135sqm
Built 1880
5/ $5.41 million — 12 The Avenue, Medindie, sold 29/06/11
5 bedrooms, 3 bathrooms, 3 parking spaces, 5136sqm
Built 1876
*Subdivision reduced land size
6/ $5.2 million — 17 Hawkers Rd, Medindie, sold 13/04/06
2201sqm
Built 1890
*Also sold on 30/05/14 as 7 Myrtles Court for $5 million
7/ $5.125 million — 4 Victoria Ave, Unley Park, sold 19/06/14
4 bedrooms, 2 bathrooms, 2 parking spaces, 2287sqm
Built 1920
8/ $5.1 million — 32 South Esplanade, Glenelg South, sold 19/05/05
4 bedrooms, 4 bathrooms, 4 parking spaces, 3626sqm
Built 1859
9/ $5 million — 1 College St, College Park, sold 21/01/11
5 bedrooms, 2 bathrooms, 1 parking space, 3968sqm
Built 1900
10/ $4.917 million — 11 Robe Tce, Medindie, sold 18/01/13
5 bedrooms, 3 bathrooms, 1 parking space, 3983sqm
Built 1900
Top house sales supplied to Adelaide Advertiser by CoreLogic RP Data
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Ivanhoe, Adelaide's $7 million trophy home sale

<html><body>Australian Property Monitors (APM) has released a list of auction results in Sydney for the Saturday September 12. <a href="https://www.homepriceguide.com.au/saturday_auction_results/Sydney.pdf" target="_blank" rel="nofollow">Click here</a> for the auction results, and click on each street address to see the property's marketing.</body></html>

APM's Sydney auction results for September 12

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It took a week of negotiations but celebrity renovator Cherie Barber has secured her desired record Leichhardt residential price.
Her renovated and extended cottage was passed in on a vendor bid of $3.05 million at early September auction - and sold seven days later at $3.06 million late Saturday night.
The Cobden Hayson agency sale bettered the inner west suburb record by $10,000.
Cherie Barber, the founder of the workshop Renovating for Profit, and dubbed as Australia's renovation queen, paid $950,000 in 2008 for the unliveable, double-fronted 1890s house at 93 Hill Street.
She then converted it into a five-bedroom showpiece family home with its Victorian grandeur fused with industrial warehouse style.
Her renovation project would have reportedly secured a $1 million profit if she'd got her overly ambitious $3.2 million hopes for the sizeable 411 square metre property completed with meticulous attention to detail.
The star of Channel Ten’s show, The Living Room had flown back for the auction from filming her Five Day Flip renovation series for US television in Minnesota.
She had knocked back a pre-auction offer of $3,050,000. 
Sydney’s preliminary auction clearance rate was 75% this weekend, the 10th week in a row where Sydney has recorded a result below 80%, according to CoreLogic RP Data.
Sydney’s previous clearance rate was 77%, while one year ago around 78% of homes taken to auction were successfully sold under the hammer.
Early spring volumes are higher at 1,046 listings, up from 1,023 the previous week. One year ago 743 Sydney homes were taken to auction over the week.
The Northern Beaches sub-region had the strongest performance with 84% of the 45 reported results selling over the past week.
Cobden Hayson selling agent Ben Southwell said his Leichhardt price had been expected as it one of the largest homes in the suburb. 
A former Victorian fire station in Leichhardt on a 662 sqm had held the suburb record since sold for $3.05 million in 2014.
The four-bedroom house at 27 Marlborough St was a circa-1890 Victorian fire station that was used as an army drill hall during World War I. It was later converted into a residential home by an owner who had a business importing French furniture with enchanting parterre gardens designed by Annie Wilkes.
It also achieved the highest price for Leichhardt when it last sold for $2.45 million in 2007.
The median house price of Leichhardt is at a record $1,180,000, according to CoreLogic RP Data.
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Cherie Barber secures her Leichhardt residential record

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Oakburn, the matrimonial Elizabeth Bay home of property developer Simon Gunnis and the Yummy Mummy pamper parlour co-founder Nicole Gunnis fetched $7.4 million at weekend auction through McGrath agent Ben Collier.
The heritage-listed residence last traded in a dilapidated state in 2009 for $4,305,000 when bought from the National Trust.
With pride of place on the <a href="https://www.realestate.com.au/property-house-nsw-elizabeth+bay-120521857" target="_blank">Elizabeth Bay loop</a>, more than $6.5 million was being sought this time for the semi-detached Victorian Italianate terrace.
It had been the long-time home of menswear fashion retailer and man about town John Lane who had divided it into flats. 
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