<a href="https://www.apartments.com.au/developers/jwland-development">JWLand</a>’s De Burgh, the final residential release within the Northbourne Village precinct in Lyneham, is nearing completion just as the Federal Government’s Home Guarantee Scheme prepares for its most significant expansion to date.&nbsp;

From October 2025, the scheme will allow first home buyers to enter the market with just a five per cent deposit and no lenders mortgage insurance (LMI), removing some of the most common barriers to ownership.

With <a href="https://www.apartments.com.au/new-apartments/de-burgh-at-northbourne-village-40-de-burgh-street-lyneham-act-2602">De Burgh</a> on track for residents to move in by late spring 2025, the timing creates a strong opportunity for first home buyers seeking brand-new apartments in Canberra’s sought-after Inner North.&nbsp;

[smartcode_project:default project_id=139989 project_image_fid=212888]

The project delivers 350 residences across two buildings, with layouts ranging from compact studios through to one, two, and three-bedroom apartments.

JWLand has tailored the development for long-term liveability, integrating natural light, privacy and outdoor space into each home. Ground-floor residences feature private courtyards, while upper levels benefit from generous balconies.

Kitchens are fitted with Fisher &amp; Paykel appliances, and all apartments include ducted reverse-cycle air conditioning with smartphone app control for lighting and climate.&nbsp;

Shared resident facilities include a rooftop garden, gym, lounge and parcel lockers, alongside landscaped green space within the precinct.

[smartcode_project:default project_id=139989 project_image_fid=267376]

For buyers, the expanded Home Guarantee Scheme removes income caps and introduces unlimited places, making it more accessible than ever. With most De Burgh apartments priced under $1 million, they fall well within the updated eligibility thresholds.

The policy changes provide first home buyers with greater certainty and a smoother path to finance. Combined with the quality and location of De Burgh, the expanded scheme is expected to draw a new wave of buyers to Canberra’s Inner North.

Residents will benefit from the project’s central setting, just 600 metres from the light rail and three kilometres from Canberra’s CBD. The precinct is bordered by the <a href="https://www.apartments.com.au/developments/lyneham-act-2602">Lyneham</a> wetlands and sits within easy reach of cafes, restaurants, schools and the ANU.

With completion scheduled for late 2025, De Burgh is set to be among the first major apartment projects to meet the expanded scheme head-on, offering first-time buyers a realistic pathway to ownership in one of Canberra’s most connected neighbourhoods.

[smartcode_project_cta:default project_id=139989]

Joel Robinson

JWLand’s De Burgh aligns with expanded Homebuyer Scheme, opening doors for first home buyers in Canberra’s Inner North

A subtropical pair of residential towers are in planning for a key South Brisbane site neighbouring the iconic Expo ’88 Skyneedle, with new documents revealing a vertically layered vision designed to respond to the precinct’s evolving high-density character.

The proposal has been lodged by&nbsp;Darveniza Group, which is also is behind the 400-apartment Station Quarter precinct in Alderley.

Darveniza Group, led by Jane Darveniza, the Brisbane-based investor and Queensland rich-lister and widow of the late property magnate Bojan Darveniza, is seeking approval for a mixed-use project encompassing 204 apartments, ground-level retail, food and drink tenancies, and office space across two architecturally integrated towers at 37–39 Manning Street.

Occupying an 1,822 sqm site, the proposed towers would rise above a sculptural podium base, with a recessed landscaped centre, rooftop communal areas, and a total of 220 car parks and 256 bicycle bays. The apartment mix spans one- to five-bedroom dwellings, with a design emphasis on generous balconies, cross-ventilation, and climate-responsive materials.

<img alt="First look: Twin towers proposed for Manning Street site beside Skyneedle" data-entity-type="file" data-entity-uuid="42c1f501-2afd-440b-af49-67c257123ea7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Manning%20podium.png?VersionId=KFlksfWzmDRD.VIYxd_1q3VAel.nN3TH" />

“The development is conceived as two slender twin buildings that meet at a lushly landscaped central recess,” the Finegrain design report states. “The façade is highly articulated with the plan form stepping back and forth to reduce visual bulk and maximise internal occupants’ access to natural light and air”.

A hallmark of the proposal is its integration of greenery, both visually and functionally. Around 77 per cent of the site’s green plot ratio is delivered through vertical planting spines, a green podium wall, and rooftop amenity. Ground-level deep planting and landscaped communal zones aim to create a shaded, walkable interface along Manning Street.

“The stepped plan form introduces variation in balcony setbacks and enclosed apartment areas, enriching both the façade expression and the resident experience,” the design team notes. “At ground and podium levels, this stepping also enhances permeability, maximising pedestrian view lines to the neighbouring Skyneedle and reinforcing a strong sense of local identity”.

<img alt="First look: Twin towers proposed for Manning Street site beside Skyneedle" data-entity-type="file" data-entity-uuid="b3f26dfc-6b93-465c-9ffb-0a2530372a23" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Manning%20site.png?VersionId=JflvKdqDxcaHTFbb9HL5TwoiRgeQ2LqA" />

The site directly adjoins the heritage-listed Skyneedle at 35 Manning Street, an enduring legacy of World Expo ’88. The accompanying heritage impact report by Pendergast Architects contends that the proposal has been carefully conceived to protect the cultural significance and landmark visibility of the structure.

“The design provides setbacks, tower separation and podium articulation to maintain the visibility and landmark role of the adjoining Skyneedle,” the report states. “The significance of the Skyneedle lies principally in its landmark visibility and cultural symbolism, rather than in detailed fabric or architectural setting”.

The proposal sits within the Kurilpa Sustainable Growth Precinct, under Brisbane’s TLPI 02/2023, where revised planning controls support high-density, mixed-use development integrated with subtropical design and increased public realm contributions.

Finegrain’s design reflects this intent, drawing cues from the site's adjacency to Musgrave Park, the subtropical landscape of South Brisbane, and cultural landmarks such as QPAC and South Bank.

Twin green towers proposed for Manning Street, South Brisbane site beside Skyneedle

A first-of-its-kind culinary precinct is coming to <a href="https://www.apartments.com.au/developments/melrose-park-nsw-2114">Melrose Park</a>, inspired by global street-food flavours and best-in-class restaurants and entertainment.

Deicorp’s emerging mid-city precinct, <a href="https://www.apartments.com.au/new-apartments/melrose-central-melrose-park-33-hope-street-melrose-park-nsw-2114">Melrose Central</a>, will become the go-to precinct within the wider Melrose Park community, and at its heart, a first-of-its-kind culinary precinct that brings the buzz of Asia’s most iconic food streets to life.

Spanning more than 4,700 sqm, Melrose Central street food precinct is inspired by the energy and vibrant flavours of street-food neighbourhoods from Hong Kong and Tokyo to Seoul and Singapore.

This new destination will be over three times the size of existing offerings like Burwood Chinatown or Westfield Chatswood’s Hawker Lane, positioning Melrose Central as a must-visit dining hub for all of Sydney.

[smartcode_project:default project_id=134220 project_image_fid=289878]

Designed by Anthony Ho of Basalt Studio, this street food concept blurs the lines between culinary theatre, art, and entertainment, offering an immersive experience. Neon-lit laneways thread between open kitchens and live grill stations, while murals, interactive displays, and light installations will bring the precinct to life, trading until late, a first for the area.

“We’ve imagined our street food concept as a graduated evolution of everything people love about Burwood Chinatown, East Village and Regent Place, elevated by the immersive artistry creating a city-style dining offer,” said Bilinda Turner, Head of Retail at Deicorp.

“By curating the very best tenants from across Australia, we’re creating a fit-for-purpose town centre for 2025 and beyond. It’s something that people truly haven’t seen before."

[smartcode_project:default project_id=134220 project_image_fid=352610]

Melrose Central is far more than a food precinct. Spanning 30,000 sqm across four levels, the shopping centre will be home to approximately 100 retailers, providing a total lifestyle offering from morning until late evening.

Fresh food offerings span a brand new Coles Supermarket, Local Grocer, Korean Supermarket, Bakery and boutique fresh food, as well as a Dan Murphy's, while health needs are covered from a pharmacy, medical centre and allied health. Fitness and wellbeing take centre stage from a dedicated wellbeing hub that includes pilates, recovery, Infrared saunas and a gym, to name a few.

Variety stores will feature throughout, as well as personal care offerings from nail salons to hairdressers, as well as a dedicated early-learning centre on level 1.

[smartcode_project:default project_id=134220 project_image_fid=289888]

Situated above the retail precinct will be 495 Turner Studio-designed apartments that open onto 6,000 sqm of lush podium gardens and rooftop terraces.

Located just six kilometres east of Parramatta’s CBD and 15km from Sydney CBD, Melrose Central forms the retail and lifestyle heart of Melrose Park, an urban-renewal precinct that is set to deliver more than 11,000 homes, 22,000 new residents, and 50,000 sqm of park and open space.

A dedicated stop on Parramatta Light Rail Stage 2 will arrive at the precinct’s Hope Street entrance, and the forthcoming Parramatta Gateway Bridge will link directly to Sydney Olympic Park and Wentworth Point.&nbsp;

Supported by a 10-minute drive, this growing catchment of 200,000 people, which is projected to grow to 279,000 by 2026, and an average household income above the Greater Sydney average, Melrose Central embodies Deicorp’s vision for transport-oriented, community-focused placemaking.&nbsp;

Melrose Central street food precinct and the wider Melrose Central retail town centre are both slated to open in mid-2026.

[smartcode_project_cta:default project_id=134220]

Melrose Central: First-of-its-kind culinary precinct coming to Sydney’s West

<a href="https://www.apartments.com.au/developers/sekisui-house-australia">Sekisui House Australia</a> has unveiled the fifth and final stage of its $1 billion Norwest community, The Orchards.

The final stage, <a href="https://www.apartments.com.au/new-apartments/zeste-at-the-orchards-norwest-104-fairway-drive-norwest-nsw-2153">Zeste</a>, will deliver 209 apartments across two distinctive buildings, Essence and Eden. The 135 apartments in Essence will be the first to be released to the market, which will bring to an end the decade-long vision to create a&nbsp;neighbourhood defined by design excellence, sustainability, and community engagement.

&nbsp;

&nbsp;

&nbsp;

[smartcode_project:default project_id=150510 project_image_fid=351878]

David Lee, Sales Manager at Sekisui House Australia said, Zeste's oversized living spaces and diverse apartment mix, which includes the introduction of&nbsp;Breezeway Sky Homes for the first time, deliver a unique lifestyle offering.

Early purchasers will benefit from exclusive VIP pricing as well as the choice of one premium upgrade, which Lee says is a "thank you" for their commitment to the project.

[smartcode_project:default project_id=150510 project_image_fid=351876]

Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, Zeste embodies Sekisui House’s global design philosophy of creating harmony between people, homes and nature. Principal Ben Pomroy explained that Zeste is about living within the landscape.

“With two large courtyards, the lagoon pool precinct for the wider community and a central courtyard with pavilion exclusively for Zeste residents, the architecture frames an experience of living in a park," Pomroy said.

“Over 50 per cent of the site is landscaped, ensuring a deep connection to nature at every stage of daily life. The buildings are designed as a collection of smaller, finer-grain forms, with over 85% of apartments enjoying dual aspects.

“The focus on natural ventilation, generous layouts and communal interaction creates a residential environment that is both sustainable and socially connected.”

&nbsp;

[smartcode_project:default project_id=150510 project_image_fid=351886]

Natalie Shalala, a member of Rothelowman’s interiors team said they reimagined the former site’s Orchard homestead with a contemporary twist. &nbsp;

“The design draws on the nostalgia of the past orchard – timber floors, the warmth of a fireplace, the rituals of the homestead and reinvents them for modern apartment living,"&nbsp;Shalala said.

“We have created two tonal palettes, one with pale honey undertones and another with a soft blush inspired by nectar. A highlight feature is the cathedral glass light box, a bespoke design element that re-interprets the classic lantern. It is both beautiful and functional, tying kitchen and bathroom spaces together in a way that feels entirely unique."

Shalala said the&nbsp;day-to-day liveability has been carefully considered, with abundant storage solutions, butler’s pantries, bike storage and joinery designed to simplify routines and enhance comfort.

&nbsp;

[smartcode_project:default project_id=150510 project_image_fid=352090]

Apartments in Zeste start from $715,000 for one-bedrooms and extend through to expansive three-bedroom Sky Homes priced from $2.25 million. Floorplans range from 59 sqm to 144sqm.

The mix in Essence comprises 41 one-bedroom, seven one-bedroom + Max space, 39 two-bedroom, 40 two-bedroom Breezeway Sky Homes (24 of which include additional Max spaces), and eight three-bedroom residences.&nbsp;

Max spaces are integrated into select residences, offering a flexible room that can be tailored to individual needs, ideal as a home office, children’s play area, or additional storage.

[smartcode_project:default project_id=150510 project_image_fid=351881]

Zeste continues Sekisui House Australia’s partnership with Altogether Group, providing sustainable water, power and data services to residents. Passive design strategies include cross-ventilation, deep landscaping and water features that encourage evaporative cooling, aligning with The Orchards long-term environmental goals.&nbsp;

Construction is set to commence on the Zeste buildings in early 2026, with completion anticipated in late 2027 to early 2028.&nbsp;

More than 850 apartments have been sold across the masterplan, contributing to The Orchards community of 1,300 apartments when complete.

[smartcode_project_cta:default project_id=150510]

Sekisui House Australia launches Zeste, the final stage of its $1 billion Norwest masterplan

A significant addition to the Bella Vista Station Precinct is in the pipeline, with <a href="https://www.apartments.com.au/developers/landen-property">Landen</a> formally lodging a State Significant Development Application for a <a href="https://www.apartments.com.au/new-apartments/40-memorial-avenue-bella-vista-40-memorial-avenue-nsw-2153">new apartment community on Memorial Avenue</a>.

Positioned beside the Elizabeth Macarthur Creek corridor, the project is among the first major transit-oriented residential proposals within the Metro precinct.

The masterplan, designed by&nbsp;<a href="https://www.apartments.com.au/architects/turner-studio">Turner Architects</a>,&nbsp;outlines a four-stage delivery, comprising four buildings between four and fifteen storeys, and includes a mix of one-, two-, and three-bedroom apartments, alongside a limited selection of four-bedroom penthouses and terraces.

The project places a strong emphasis on housing diversity and liveability, with apartment sizes ranging from 50 to 180 sqm. The first stage will deliver 213 dwellings, followed by 231 in the second stage. Construction is expected to commence in 2026, pending approvals.

<img alt="Bella Vista Apartments" data-entity-type="file" data-entity-uuid="bb3d84b1-d2df-4e26-915a-31b27faf9b1a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/View02_01-scaled.jpg?VersionId=Gb0AUtZ3VXsLxrqUaw_AwT_vcBwQ_FJu" />

As the first transit-oriented development (TOD) in the precinct, Landen’s Bella Vista community has been designed to align closely with the surrounding Metro infrastructure. The proposal integrates new pedestrian and cycling paths, a new bridge over Elizabeth Macarthur Creek, and direct access to Bella Vista Metro Station.

Lush communal amenities are also central to the design. 'The Grove' and the 'Garden Link' will create landscaped community areas that reflect the area's agricultural heritage and provide direct access to the creekside.&nbsp;

The ‘Garden Patio’ is conceived as a multi-use indoor-outdoor facility offering a gym, study nooks, and communal lounge spaces.&nbsp;Rooftop terraces across the buildings will offer views to the Blue Mountains and Parramatta skyline.

<img alt="Bella Vista Apartments" data-entity-type="file" data-entity-uuid="778da409-d5cf-4e7d-9ba9-0c36990bf0b4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/landen-bella-property-image.jpg?VersionId=ukPpmVcHF71xRc7U3MUT5rtGwOsntMMz" />

Landen’s Head of Property, Shane Harding, said the proposal highlights the developer’s precinct-scale ambition.

“As the first TOD proposal in Bella Vista, it highlights Landen’s ability to pioneer precinct-scale projects, integrate housing with infrastructure, and deliver outcomes that align with government priorities,” Harding told the Daily Telegraph.

The project arrives at a time of rapid growth in Western Sydney, with Bella Vista alone forecast to more than double in population by 2046. The development’s location, between the Bella Vista and Kellyville Metro stations, positions it as a connected lifestyle hub for families, professionals and downsizers seeking access to transport, schools, and employment centres.

Pending approval, the development is slated for completion in 2028.

Landen plans 444-apartment community in Bella Vista Metro zone

Residential Auction

<html><body>
A record $8.4 million has been paid on the Brisbane riverfront at auction last night.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/9/27/bulimba%202.jpg" alt="">
The riverfront home at Bulimba ranks as the city’s most expensive property ever sold under the hammer.
 <img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/9/27/bulimba%203.jpg" alt="">
The five-bedroom European-style mansion at 95-99 McConnell Street saw two families compete after the initial $5.5 million offer.
The prized north-facing 1473 square metres of land comes with 32 metres of river frontage.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/9/27/bulimba%204.jpg" alt="">
The 95-99 McConnell Street, Bulimba offering sold through Sarah Hackett of Place Estate Agents Bulimba.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/9/27/bulimba%205.jpg" alt="">
Brisbane’s most expensive auction sales
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td>
Address
</td>
<td>
Brisbane Suburb
</td>
<td>
Year
</td>
<td>
Auction Price
</td>
</tr>
<tr>
<td>
95-99 McConnell Street
</td>
<td>
Bulimba
</td>
<td>
2019
</td>
<td>
$8.4 million
</td>
</tr>
<tr>
<td>
39 Griffith Street
</td>
<td>
New Farm
</td>
<td>
2019
</td>
<td>
$7.75 million
</td>
</tr>
<tr>
<td>
22 Sandford Street
</td>
<td>
St Lucia
</td>
<td>
2009
</td>
<td>
$7.75 million
</td>
</tr>
<tr>
<td>
29 Laurence Street
</td>
<td>
St Lucia
</td>
<td>
2010
</td>
<td>
$7 million
</td>
</tr>
<tr>
<td>
78 Jilba Street
</td>
<td>
Indooroopilly
</td>
<td>
2007
</td>
<td>
$6.1 million
</td>
</tr>
<tr>
<td>
20 Scott Street
</td>
<td>
Hawthorne
</td>
<td>
2017
</td>
<td>
$5.6 million
</td>
</tr>
<tr>
<td>
22 Langside Road
</td>
<td>
Hamilton
</td>
<td>
2016
</td>
<td>
$5,385,000
</td>
</tr>
<tr>
<td>
34 Quay Street
</td>
<td>
Bulimba
</td>
<td>
2016
</td>
<td>
$5.33 million
</td>
</tr>
<tr>
<td>
14 Otway Street
</td>
<td>
Holland Park
</td>
<td>
2016
</td>
<td>
$5,225,000
</td>
</tr>
<tr>
<td>
9 Griffith Street
</td>
<td>
New Farm
</td>
<td>
2013
</td>
<td>
$5.2 million
</td>
</tr>
</tbody></table>
Source: Domain Group (results based on sales made on the auction day under the hammer only).
The previous record auction was $7.75 million, back in 2009 at Sandford Street, St Lucia, which was then equalled in March this year when 39 Griffith Street, New Farm sold under the hammer.
It was purchased by Ben Seymour, the grandson of Queensland rich-lister and developer Kevin Seymour.
 
</body></html>

j.ballantyne1990-6AQqhLzZaK

Bulimba riverfront takes Brisbane auction record mantle

<html><body>
Canberra was the hottest capital city weekend auction market, but one of Sydney's last remaining clifftop cottages took the top sale price.
The Canberra sales ranged between $376,000 at Calwell to $1.34 million in a pre-auction sale at Ainslie.
The top sale was a 1959 weatherboard, with brick fireplace at <a href="https://www.realestate.com.au/property/75-tyson-st-ainslie-act-2602" target="_blank">75 Tyson St, Ainslie</a>. It had last sold at $439,950 in 2002.
Canberra's top result was a close-run race as there was <a href="https://www.realestate.com.au/property-house-act-deakin-127604842" target="_blank">a $1.325 four bedroom Deakin home sale</a> and a $1.31 million sale at <a href="https://www.realestate.com.au/sold/property-house-act-o%27connor-127589942" target="_blank">O'Connor of another 1950s home</a>.
Click here <a href="https://www.propertyobserver.com.au/images/2018/3/12/cap%20city.jpg" target="_blank">to enlarge.</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/12/cap%20city.jpg" alt="">
Canberra's cheapest $376,000 sale was a three bedroom townhouse with 98 sqm living space at <a href="https://www.propertyobserver.com.au/https://www.allhomes.com.au/ah/act/sale-residential/32-36-fink-crescent-calwell-canberra/1317494664811" target="_blank">32/36 Fink Crescent, Calwell</a>. It had last sold at $360,000 in 2010.
A three bedroom Queensland mortgagee offering was the nation's top weekend result.
The <a href="https://www.realestate.com.au/property-house-qld-caboolture+south-127555274" target="_blank">51 Rosemary St, Caboolture South</a> home (below) fetched $210,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/12/caboolture.jpg" alt="">
It previously sold at $255,000 in 2008 shortly after which it became a $255 a week rental.
Sydney scored the weekend's top sale when Belle Property sold a Queenscliff home (top) for $5.55 million at a packed auction with over 100 locals attending.
<a href="https://www.realestate.com.au/property-house-nsw-queenscliff-127534742" target="_blank">The 17 Pavilion Street offering</a> was marked by Belle Property Manly agent Anthony Calacoci as Sydney's last original clifftop house.
The guide for the clifftop property was $4.8 million.
With views north and south over the ocean, it was a one-bedroom cottage without parking on 340sqm of land.
It hasn’t traded for four decades having beeb built for a fisherman.
The next highest across the country was when $4 million was paid pre-auction for a home in Clontarf.
The three level hillside <a href="https://www.realestate.com.au/sold/property-house-nsw-clontarf-127538802" target="_blank">24 Peronne Avenue, Clontarf home</a> (below) was offered through LJ Hooker. It had been initially listed last October with $4 million hopes.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/12/clontarf.jpg" alt="">
It was a relatively quiet auction weekend in Melbourne due to the Labour Day public holiday.
The highest result was <a href="https://www.realestate.com.au/property-house-vic-malvern+east-126733202" target="_blank">a two house, 1650 sqm consolidation</a> at 1399-1401 Dandenong Road at Malvern East at $4.66 million.
It was tipped to fetch $4.4 million to $4.6 million.
Melbourne's dearest house sale was $2.465 million when <a href="https://www.realestate.com.au/property-house-vic-port+melbourne-127569918" target="_blank">172 Clark Street, Port Melbourne</a> was offered.
It was a three bedroom brick home which was marketed as a likely knockdown with a $2 million to $2.2 million price guidance.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/12/melb.jpg" alt="">
Melbourne's cheapest sale was $245,000 at Footscray.
The <a href="https://www.realestate.com.au/property-unit-vic-footscray-127481458" target="_blank">8/18 Eldridge Street, Footscray</a> one bedroom apartment was expected to have fetched between $250,000 and $275,000.
The 55 sqm apartment needed to be renovated.
<div>CoreLogic calculated the capital city preliminary clearance rate rose to 67.3 per cent, with auction activity across the capitals significantly lower.</div>
<div> </div>
<div>There were 1,721 auctions held across the combined capital cities, significantly lower than the 3,026 held last week.</div>
<div> </div>
<div>"The fall in auction volumes this week is due to the fact that four of the eight states and territories have a public holiday on Monday," CoreLogic auction analyst Kevin Brogan said.</div>
<div> </div>
<div>"The preliminary clearance rate across the combined capital cities rose to 67.3 per cent this week, up from 63.6 per cent last week, although this will revise as more results are collected over the week.</div>
<div> </div>
<div>"Over the same week last year, the clearance rate was recorded at 75.1 per cent," he said. </div>
<div>
<div> </div>
<div>The two largest auction markets, Melbourne and Sydney, saw their preliminary clearance rates rise, with Sydney at 66.6 per cent across 936 auctions and Melbourne at 72.2 per cent across 447 auctions.</div>
<div> </div>
<div>Looking at results by property type, units outperformed houses again across the capitals with 70 per cent of units selling at auction, while 66 percent of houses sold.</div>
</div>
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Queenscliff cottage sells at $5.55 million at weekend auction

<html><body>
Artist James Powditch’s converted Annandale warehouse was passed in at weekend auction.
The $2.85 million opening bid was followed by a vendor bid of $3.7 million.
When <a href="https://www.domain.com.au/9a-albion-street-annandale-nsw-2038-2013608848" target="_blank">mixed-media artist James Powditch</a> and his wife, graphic designer Diane Adair bought their Annandale home, it was just an empty shell of a warehouse.
It was marketed as one of the best warehouse residences in Sydney. 
BresicWhitney agent Chris Nunn had a $3.5 million price guide for the 320 sqm building.
The couple paid $1.05 million before its conversion in 2010 into 500 sqm of internal living space, including five bedrooms.
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Big gap between buyer and seller at artist's Annandale warehouse auction

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Retired AFL footballer Darren Jolly and his designer wife, Dea, now professional renovators, have listed in Kew East with an October 8 scheduled auction.
<a href="https://www.realestate.com.au/property-house-vic-kew+east-123577366" target="_blank">It is the home</a> they rebuilt after demolishing their heritage-protected house without permission.
<a href="https://www.realestate.com.au/property-house-vic-kew+east-119169183" target="_blank">It was bought for $1,395,000</a> in June last year and they want $2.6 million. 
Dea Jolly, now a Fairfax Media columnist, once confessed she had an addiction to renovating.
The house comes with underfloor heating in the bathrooms, 100 percent wool carpets and 100 percent linen curtains, engineered European Oak flooring, bespoke made handles, plantation shutters on the windows, Velux solar-powered and rain sensing opening skylights plus landscaped gardens with irrigation and lighting. 
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The Block's Darren and Dea Jolly list Kew East cottage

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The last winter weekend sees around 550 homes set to be offered under the hammer on Saturday across Sydney. 
More than last weekend’s 492 and the highest weekend offering since the pre-election rush of 632 recorded on June 25.
But the weekend’s auctions are much less than the record 811 auctioned over the same season-opening Saturday last year.
Domain's senior economist Dr Andrew Wilson said Saturday’s numbers are similar to the auctions on the last weekend of August in 2014 and 2013.
"So far this year there have been 4653 fewer weekend auctions," Dr Wilson advised which is a steep fall of 24.3 percent compared with the same period last year.
Randwick is Sydney’s most popular auction suburb this weekend with eight offerings followed by Chatswood, Marrickville and Wahroonga each with seven.
This weekend nearly 900 Melbourne homes are set to go under the hammer - the highest number since the pre-election rush of 901 auctions on June 25.
Saturday’s listings will be significantly higher than the 653 offered last weekend but below the 1046 auctioned over the same Saturday last year.
Auction numbers in Melbourne have fallen away over winter compared to last year with 1732 fewer auctions conducted – a fall of 7.5 per ent over winter last year. 
Melbourne’s weekend auction market has now recorded four weekends with clearance rates above 75 percent for the first time.
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Sydney weekend auction stock down 24 percent year to date

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A surviving Surfers Paradise cottage which has been in the family for more than 50 years has been listed for sale.
Set just 150 metres from the beach, the modest two-bedroom cottage at <a href="https://www.realestate.com.au/property-house-qld-surfers+paradise-122422534" target="_blank">204 Surf Parade</a> sits in a high-density development area near the Crown Plaza resort.
The cottage sits on 405 square metres of land bought for a reputed $8,000 in 1965 remaining through three generations, and transferred in 1984 internally at $40,000. 
McGrath Broadbeach agent Greg Washington and Elizabeth Taylor puts it under the hammer on May 14 on site.
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Rare Surfers Paradise home auction offering

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Sydney recorded a preliminary clearance rate of 69 percent at weekend auctions compared to 67 percent in the prior week.
The weekend’s top performing Sydney sub-region was the Eastern Suburbs with a clearance rate of 87 percent, followed by Sutherland on 84 percent and North Sydney and Hornsby at 80 percent. 
Sales across Sydney ranged from $340,000 for a one bedroom Surry Hills unit to a pre-auction $5.775 million sale of a five bedroom Woollahra house.
CoreLogic RP Data had advised there were 330 scheduled Saturday auctions given reduced school holiday activity. 
Sydney's clearance rate in April last year was well above 80 percent. 
CoreLogic figures have now put the Sydney clearance rate at below 70 percent for the past five weeks after a strong February start. 
Strathfield was Sydney's busiest auction suburb yesterday with the preliminary results showing four of the five offerings finding buyers.
Some 880 Melbourne residential homes were taken to weekend auction with a preliminary clearance rate of 71 per cent, falling from 73 per cent last week and lower than one year ago when it was 79 per cent. 
The busiest auction activity was held in the inner region where 170 homes went to auction and 73 per cent of reported auctions were successful.  
Melbourne's results ranged between a $260,000 Ormond one bedroom flat and $4,375,000 for a <a href="https://www.realestate.com.au/property-house-vic-brighton-122191682" target="_blank">1960s Brighton home</a> (above) on an 830 sqm Middle Crescent block, that reportedly fetched $900,000 over reserve.
The cheapest house was $267,000 at Drysdale, on the outskirts of Geelong.
The REIV noted the Melbourne outer suburbs have seen a significant increase - about 25 percent - in the number of properties sold at auction this year. 
Reservoir had the highest number of auctions listed with 17, followed by Glen Waverley with 13. Of the 15 reported results, only two of the Reservoir offerings did not sell. Some four did not sell at Glen Waverley's 13 results. 
The preliminary clearance rate across Brisbane was 53 percent, up from 47 per cent and also higher than the 46 percent last year.
Some 145 Brisbane auctions were held, but with the two upcoming public holidays, it is expected that Brisbane’s auction market will be relatively quiet over the next two weeks. 
Adelaide saw 99 auctions with a clearance rate of 66 percent.
Preliminary results for Canberra show the clearance rate for this week sitting at 71 percent, sharing the lead as best selling mainland capital with Melbourne.
The nation's cheapest weekend sale was $67,500 for a one bedroom 40 sqm Eagleby villa on the Gold Coast. It last sold at $85,000 in 2010. 
This week saw 1,667 capital city auctions held.
Preliminary results show that 68 per cent of the national auctions were successful, marking the third consecutive week of auction clearance rates below the 70 per cent mark. 
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Melbourne still strong, but Sydney's auction success rate settles sub-70 percent 

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The retired footballer Braith Anasta missed out when a coastal Sydney apartment went to auction yesterday.
But acclaimed Kiwi film director, Dame Jane Campion scored when five of the 10 registered bidders competed for the Tamarama offering.
She managed to sell her 241 sqm investment property for $2.55 million through Bethwyn Richards of McGrath. 
The recenty separated Braith Anasta attended the auction, and was the underbidder at $2,545,000 at the onsite auction held on the apartment balcony.
Anasta attended with his mother, Kim who is downsizing after selling recently at Malabar. Anasta’s long-time friend and real estate agent, Jason Black from Black Lifestyle Property, who did the bidding was reluctant to give any details surrounding the family's attendance. Anasta moved into his mother's house after his separation from Jodi Gordon.
The walkup apartment has three bedrooms, two bathrooms and outdoor terraces and decking.
Bidding opened at $2 million with Anasta's buyers agent lodging a first bid at $2.2 million.
It was indicated as on the market for sale at $2.4 million.
Campion, who was there sitting inside on a white couch, paid $1.2 million for the two level property in 2001. She was heard to say "wow" after the hammer came down.
She retains a home in Paddington, a terrace house bought after she sold her Alex Popov-designed Castlecrag home.
In 1994 she became the first female to win the Palme d'Or, Cannes Film Festivals most prestigious prize.
Campion recently confirmed she would be co-directing and co-writing a second season of drama series Top of the Lake with the action to be filmed in Sydney and Hong Kong.
Jane rose to fame through a series of short films before her feature debut with Sweetie in 1989.
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