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

Joel Robinson

Spacious Group completes Voyage Altona in Altona's beachside precinct

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

Homecorp approved for Budds Beach apartment tower, Lýon Residences

New apartment developments with uninterrupted, north-facing views over Perth's Swan River are exceptionally rare.

Recognising just how limited those opportunities are, <a href="https://www.apartments.com.au/developers/edge-visionary-living">Edge Visionary Living</a>, one of Perth's most respected builder-developers, targeted <a href="https://www.apartments.com.au/developments/applecross-wa-6153">Applecross</a>, assembling an unrepeatable 6,342 sqm riverfront site on the corner of Moreau Mews and Canning Beach Road to create one of Perth's only new north-facing apartment developments directly overlooking the Swan River.

Today, <a href="https://www.apartments.com.au/buildings/riviere-residences-applecross-59-canning-beach-road-applecross-wa-6153">Rivière Residences</a> offers buyers a unique opportunity to choose between completed residences ready to move into now and off-the-plan homes in the final stage, Rivière West.

[smartcode_project:default project_id=28384 project_image_fid=3823]

Across the completed East and Central buildings, residents are already enjoying the development's luxury amenity, while two of the precinct's hospitality venues are now open.

The completed component of the development gives buyers the advantage of experiencing the finished product firsthand, including its uninterrupted river views, while still having the opportunity to secure a residence in the final stage.

"People are wowed by the view and the quality of the apartments,"&nbsp;Edge Visionary Living Sales Executive, Holly McSweeney, says.

"They're looking for the convenience of lock-and-leave living, but they're not looking to downsize on quality."

[smartcode_project:default project_id=28384 project_image_fid=3826]

The rarity of the development hasn't been lost on prospective buyers, McSweeney says.

For McSweeney, it all comes back to a location that is becoming increasingly difficult to replicate.

"Location, location, location," she says. "We are nestled right on the front of the Swan River. You can never get built out, so wherever you are in Rivière Residences, you've got views of the river forever."

The unique waterfront position has resonated particularly strongly with local downsizers. McSweeney says many buyers are long-time Applecross residents looking to transition from large family homes into a luxury apartment without sacrificing space, quality or the lifestyle they've enjoyed for decades.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/N_FowNW0wu8?si=vb25XFq1wZ-iufAW" title="YouTube video player" width="560"></iframe>

A major focus for Edge in recent years has been resident amenity. Across its apartment portfolio, from beachfront developments in Scarborough to luxury towers in South Perth, the developer has increasingly invested in the spaces beyond the apartment itself.

The strategy has largely been shaped by downsizer demand. Many buyers are moving from large family homes with swimming pools and established gardens. While they're looking to leave the maintenance behind, they don't want to compromise on lifestyle.

At Rivière, <a href="https://www.apartments.com.au/architects/hillam-architects">Hillam Architects</a> designed the resident facilities as an extension of each apartment. A 25-metre heated swimming pool takes advantage of the north-facing river outlook, complemented by a large gym, sauna and steam rooms, private dining spaces, residents' lounges, a cinema, games room, and dedicated wine and whisky rooms.

[smartcode_project:default project_id=28384 project_image_fid=372542]

The waterfront location has also proved to be a major drawcard. Residents are within walking distance of the Raffles Hotel, South of Perth Yacht Club, the Heathcote Cultural Precinct and the cafés, restaurants and boutiques along Ardross Street.

Beyond the location and amenity, McSweeney says many buyers take confidence from Edge's fully integrated development model.

Having delivered apartments across Perth for decades, Edge now designs, develops and constructs its projects in-house, giving the company greater control over quality, delivery and the finished product.

"What I love is when people walk through their apartment for the first time and say, 'This is better than what we imagined,'" McSweeney says. "We hear that all the time."

Completed apartments in the East and Central buildings are now available to inspect by appointment, while Rivière West, the final stage of the precinct, is expected to be completed in the first quarter of 2027.

[smartcode_project_cta:default project_id=28384]

North-facing Swan River views drive demand at Rivière Residences in Applecross

Nearly 60 per cent of apartments at McNab Group's $220 million The Tannery development in Brisbane's West End have sold ahead of the project's public launch, including a suburb-record $2.57 million sale for a two-bedroom apartment.

The early sales campaign has secured buyers for 50 of the project's 87 apartments, highlighting continued demand for larger owner-occupier apartments that combine generous floorplans with premium lifestyle amenities in one of Brisbane's most tightly held inner-city suburbs.

[smartcode_project:default project_id=143337 project_image_fid=374768]

McNab Group Executive Chairman Michael McNab said selling more than half the project before launch reflected changing buyer expectations.

"Selling more than half the project before public sales open tells us buyers are actively seeking apartments that offer something genuinely different," McNab said.

"Today's buyers are looking beyond four walls. They want homes that genuinely enhance the way they live, with spaces that support health, connection and everyday wellbeing."

[smartcode_project:default project_id=143337 project_image_fid=374767]

A key point of difference for the project is the adaptive reuse of the heritage-listed Dixon's Tannery building, which will become The Retreat, a residents-only wellness precinct rather than being redeveloped into additional apartments.

The Retreat will feature a sauna and steam room, hot and cold plunge pools, a commercial-grade gym, Pilates studio, cinema, library, co-working spaces and private dining room. Rooftop amenities will include a swimming pool, landscaped gardens, outdoor entertaining areas and dog-friendly spaces.

[smartcode_project:default project_id=143337 project_image_fid=374760]

Designed by Cottee Parker Architects with interiors by Tom Mark Henry and landscape architecture by Aspect Studios, The Tannery comprises 87 two, three and four-bedroom apartments across 11 levels overlooking the Brisbane River.

Cottee Parker principal Dee Passenger said preserving the original tannery building had been central to the project's design.

"The easy option would have been to maximise the site's development potential with additional apartments. Instead, McNab has chosen to preserve the original tannery as a shared wellness retreat, ensuring this important piece of Brisbane's history remains at the heart of the community."

Passenger said sustainability also played a key role in the design, with materials from the original industrial site salvaged and repurposed throughout the development.

[smartcode_project:default project_id=143337 project_image_fid=374761]

Motiv CEO Carly Cottam said buyers had responded strongly to the combination of larger apartments, wellness facilities and the West End lifestyle.

"We are seeing more buyers looking for homes in the sky that provide the space and functionality of a traditional home, while benefiting from the convenience and lifestyle that apartment living brings," Cottam said.

She said purchasers included both owner occupiers and investors, with demand coming from local buyers as well as interstate purchasers.

Coinciding with the public launch, McNab also announced a partnership with Queensland Ballet, whose neighbouring Thomas Dixon Centre shares historical ties with the original Dixon family.

Located on a 4,465 sqm site at 439 Montague Road, The Tannery overlooks the Brisbane River and is around 10 minutes from the CBD.

Construction is underway, with completion expected in the second half of 2027.

[smartcode_project_cta:default project_id=143337]

More than half of residences sold before public sales as McNab announces significant partnership with Queensland Ballet

McNab's The Tannery nears 60 per cent sold before public release, sets two-bedroom West End record

Iwan Sunito's vision for a landmark mixed-use precinct in Sydney's Inner West has taken a major step forward, with approval granted for the $1.9 billion Five Dock development first unveiled earlier this year.

The approved scheme by <a href="https://www.apartments.com.au/developers/one-global-capital">One Global Capital</a> will deliver an 80,500 sqm mixed-use precinct comprising 840 apartments, integrated hotel accommodation, commercial and retail space, alongside publicly accessible open space designed to create a new destination for the growing suburb.

"This is a significant milestone for One Global Capital and for the future of housing delivery in Sydney," Sunito said.

"The Housing Delivery Authority was established to identify major housing projects capable of delivering meaningful supply more efficiently, and we are delighted that Spencer Street has been recognised as one of those projects.”

He said the declaration reflected the rapid progress achieved since acquiring control of the site.

"In less than seven months we have progressed from taking control of the site to securing entry into one of the NSW Government's most important planning pathways. It reflects the experience of our team, the strength of our consultant group led by Urbis, and our long-term commitment to delivering transformational projects that contribute to Sydney's future."

When the project was revealed earlier this year, Sunito described the opportunity as one of the strongest development sites he had worked on.

"I probably hadn't appreciated the uniqueness of the site until more recently when putting together the concept plans," Sunito said.

"The proximity to the water, and the golf course opposite, is unlike any other part of Parramatta Road. We have a unique position and view corridors over the water that makes this one of the best sites I've worked on."

The development has evolved since its initial announcement, with the approved plans increasing the residential component from the originally proposed 750 apartments to 840 homes while retaining the project's focus on creating an integrated neighbourhood rather than a standalone residential development.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/a-city-within-a-city-iwan-sunito-flags-1-5-billion-mixed-use-precinct-in-five-dock">"A city within a city": Iwan Sunito flags $1.5 billion mixed-use precinct in Five Dock</a>

The precinct will combine apartments with hotel accommodation, commercial workplaces, retail offerings and public spaces, creating a mixed-use environment intended to serve both residents and the broader Five Dock community. The proposal also continues the collaboration between One Global Capital and internationally recognised architect <a href="https://www.apartments.com.au/architects/koichi-takada-architects">Koichi Takada</a>, whose previous work with Sunito includes Infinity, Arc and Skye North Sydney.

Takada previously said the design was driven by a philosophy of integrating nature into the built environment.

"The concept for this development is born from our design approach to naturalising architecture," Takada said.

"The public realm benefits from biophilic design that integrates generous landscaping, and the development is optimised for natural daylight, airflow and water views to foster wellbeing, sustainability and spaces that foster community interaction."

Sunito has consistently described the project as a "city within a city", with a strong emphasis on creating a destination that extends beyond housing.

"We want to create a development that's not only to be seen, but to be experienced by the whole local community," he said.

The approval comes as Five Dock continues its transformation ahead of the opening of the Sydney Metro West line, with the new Five Dock station set to significantly improve connections between the Inner West, Parramatta and the Sydney CBD.&nbsp;

The precinct will also benefit from its proximity to the Parramatta Road corridor, nearby waterfront parklands and established retail and dining offerings that have made Five Dock one of Sydney's most tightly held Inner West suburbs.

Iwan Sunito secures approval for $1.9 billion Five Dock mixed-use precinct

Residential Sales

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Sydney passed its super Saturday auction test with flying colours, although there were some hits and misses.
Despite the spike in pre-Easter stock, vendors again secured a 70 percent plus success rate from the bumper near-900 listings.
Prices ranged from $380,000 at Yagoona to $5.71 million for a seven bedroom house at Strathfield.
The two bedroom Yagoona flat had four bidders, with the buyer "in two minds" as to move in or rent it out after a renovation, its Ray White selling agent Paul Chidiac said.
The Auburn Road flat last sold at $130,000 in 1992.
<a href="/images/2016/03/21/Screen%20Shot%202016-03-21%20at%209.23.21%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/03/21/Screen%20Shot%202016-03-21%20at%209.23.21%20AM.png" alt="">
Volumes are at around 20 percent less than last autumn, which is helping maintain the strong clearance rates.
Around $500 worth of property sold yesterday, compared to the $750 million on the busier pre-Easter weekend last year when the clearance rate was in the mid-80s.
But even the affordable stock doesn't always sell with a $450,000 top bid unsuccessful in securing a Chipping Norton flat.
Before auction sales included a bullish $4,722,000 pre-auction sale at Castlecrag, secured 10 days ago.
"We had a dutch auction occur, so we took the price on offer," its McGrath selling agent Peter Starr said.
There was a pre-auction $5.1 million result yesterday in Clovelly when well ahead of its April 9 auction, Alexander Phillips at Phillips Pantzer Donnelly secured a sale on near-oceanfront Eastbourne Avenue.
However Killara's top offering - an art deco 1930s Killara home with $5.5 million hopes - was pulled from auction, despite the fillip in the suburb mid-week with an upper north shore $12 million record sale.
It was last on offer 29 years ago.
Mosman was the busiest auction suburb, with around 20 offerings in the pre-Easter countdown, according to CoreLogic RP Data.
The burden triggered one Mosman auction to have no registered bidders.
At Rossmore there were 16 registered parties, but only three competed when a five ha two house property sold for $4.51 million through United Acreage Property Marketing.
Auctioneer Damien Cooley reported an 80 percent plus success rate, as the average number of registered bidders sat at four and rising.
Damien Cooley at Cooley Auctions said the bidding numbers were up on the three during December, but still below the five in early last year.
Cremorne, which was recently pinpointed in realestate.com.au’s top sellers’ unit market report, secured the sale of two of its three offerings. 
This article was first published in the Sunday Telegraph.
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jchancellor-FAypfDUnLy

Super Saturday success, but cracks emerge in outer Sydney

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GUEST OBSERVER
A clearance rate of 70 percent was recorded this weekend compared to 74 percent last weekend and 77 percent this weekend last year. 
There were 335 auctions reported to the REIV, with 233 selling and 102 being passed in, 44 of those on a vendor bid. This weekend has the highest number of auctions scheduled for Labour Day weekend since 2008 (more than 400 auctions). 
Auction Summary - Week ending Sunday 13 Mar 2016
335 Auctions Held 70% Clearance Rate 1089 auctions this weekend last year 77 percent clearance rate this weekend last year The Detail 185 sold at auction 48 sold before auction 102 passed in 6 withdrawn 0 sold after auction 44 passed in on vendor bid 9 postponed
Sales Highlights
<div class="detail-block">
<div class="house-sale-detail-setion">
<div class="row">
<div class="col-xs-12 col-sm-6 col-md-6">
<div class="content-body">
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<div class="col-md-12 col-sm-12 col-xs-12">
<h4 class=" header-title text-center">Top House Sales</h4>
<table class="table table-striped">
<thead><tr>
<th>Location</th>
<th>Price</th>
</tr></thead>
<tbody>
<tr>
<td>100-102 David St PRESTON</td>
<td>$3,350,000</td>
</tr>
<tr>
<td>18 Hood St BALWYN NORTH</td>
<td>$1,990,000</td>
</tr>
<tr>
<td>43 Provost St NORTH MELBOURNE</td>
<td>$1,950,000</td>
</tr>
<tr>
<td>2 Harriett Cr MONT ALBERT</td>
<td>$1,760,000</td>
</tr>
<tr>
<td>175 Richardson St MIDDLE PARK</td>
<td>$1,755,000</td>
</tr>
</tbody>
</table>
</div>
</div>
</div>
</div>
<div class="col-xs-12 col-sm-6 col-md-6">
<div class="content-body">
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<div class="col-md-12 col-sm-12 col-xs-12">
<h4 class=" header-title text-center">Top Apartment Sales</h4>
<table class="table table-striped">
<thead><tr>
<th>Location</th>
<th>Price</th>
</tr></thead>
<tbody>
<tr>
<td>14 Dwyer St BLACKBURN</td>
<td>$1,135,000</td>
</tr>
<tr>
<td>9/52-54 Young St FITZROY</td>
<td>$950,000</td>
</tr>
<tr>
<td>11/12-14 York St GLEN WAVERLEY</td>
<td>$898,000</td>
</tr>
<tr>
<td>1502/1 William St MELBOURNE</td>
<td>$860,000</td>
</tr>
<tr>
<td>506/185 Rose St FITZROY</td>
<td>$850,000</td>
</tr>
</tbody>
</table>
</div>
</div>
</div>
</div>
</div>
<div class="row">
<div class="col-xs-12 col-sm-6 col-md-6">
<div class="content-body">
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<h4 class=" header-title text-center">Bargain House Sales</h4>
<table class="table table-striped">
<thead><tr>
<th>Location</th>
<th>Price</th>
</tr></thead>
<tbody>
<tr>
<td>65 Walsgott St NORTH GEELONG</td>
<td>$300,000</td>
</tr>
<tr>
<td>50 Gateshead St CRAIGIEBURN</td>
<td>$301,000</td>
</tr>
<tr>
<td>23 Sages Rd BAXTER</td>
<td>$305,000</td>
</tr>
<tr>
<td>16 Plowman Ct EPPING</td>
<td>$352,500</td>
</tr>
<tr>
<td>32 Mimosa Av MILL PARK</td>
<td>$360,000</td>
</tr>
</tbody>
</table>
</div>
</div>
</div>
</div>
<div class="col-xs-12 col-sm-6 col-md-6">
<div class="content-body">
<div class="row">
<div class="col-md-12 col-sm-12 col-xs-12">
<h4 class=" header-title text-center">Bargain Apartment Sales</h4>
<table class="table table-striped">
<thead><tr>
<th>Location</th>
<th>Price</th>
</tr></thead>
<tbody>
<tr>
<td>6/2-4 Gordon St TULLAMARINE</td>
<td>$280,000</td>
</tr>
<tr>
<td>17/275 Burnley St RICHMOND</td>
<td>$301,000</td>
</tr>
<tr>
<td>9/10 Hendry St SUNSHINE WEST</td>
<td>$310,000</td>
</tr>
<tr>
<td>12/46 Eucalyptus Dr MAIDSTONE</td>
<td>$335,000</td>
</tr>
<tr>
<td>1A Bent St WESTMEADOWS</td>
<td>$375,000</td>
</tr>
</tbody>
</table>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
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enzoraimond-7fvRFHPR52

Preston development site sells: REIV

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Poly Horizon, located in the heart Epping, secured the sale of 82 percent of the first released 235 apartments.
In its first residential project in Sydney, Poly Horizon had over $165 million in sales transacted by midday Saturday.
A three bedroom premium apartment with sweeping views of the Sydney CBD and North Sydney skyline for $1.52 million was the highest sale of day. 
Poly’s marketing director Philip Best said the large majority of the purchasers in Poly Horizon were local buyers and owner occupiers.
“Poly Horizon also attracted a number of savvy investors who were looking to secure an apartment at comparatively competitive prices that provided strong long-term growth prospects.”
“Poly’s global presence, our 20 years of experience in property development and the great pride we take in ensuring the highest quality of the design and delivery of our projects, proved an added incentive for purchasers," he said.
Designed by architects PTW, Poly Horizon comprises 501 apartments across three towers, two at 22 and 21 storeys in height and one at seven storeys.
The project also comprises over 1,000sqm of ground-floor retail that will feature a proposed childcare centre, a children’s playground area as well as a number of cafes and convenience retailers and a large podium courtyard.
Located 300 metres from the recently upgraded, Epping Train Station and minutes from the M2 motorway, Poly Horizon enjoys excellent access to major shopping centres, local schools and universities as well as the Sydney CBD.
The first project stage release of Poly Horizon has prices for a studio start from $420,000 and includes one-bedroom + study apartments starting from $550,000, two-bedroom apartments from $820,000 and three-bedroom apartments with car parking from $1.06 million.
For more information, <a href="https://www.polyhorizon.com.au/">click here</a>.
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jonathanchancellor-7SQnKwU6yx

Poly Horizon at Epping secures 82 percent sales success

<html><body>
It was Sydney's time in the auction spotlight as the busiest capital city auction market, given Melbourne's holiday long weekend distraction.
There was a jump back to an above 70 percent clearance rate for Sydney to boot. 
An original condition Curl Curl fibre cottage (above), which was set to take a starring role in the 2004 film Eucalyptus, captured the enthusiastic spirit when sold at $1.933 million at its onsite auction.
The 1940's house missed its chance in the spotlight given the cancellation of the film adaption of the Murray Bail book, but its Ray White agents secured $213,000 above reserve.
Some 11 registered bidders sought the rare offering as the <a href="https://raywhitefreshwater.com.au/nsw/curl-curl/1429265/" target="_blank">40 Bennett Street property</a> had last traded for £3,500 in 1953.
Sitting on 700 sqm of level land, the original cottage has three bedrooms and a sunroom, all a short walk to the beach. 
With 680 Sydney auctions there was a 72 percent, up on last week's dip to 68 percent.
Sydney’s strongest performing sub-regions were Ryde with an 86 percent success rate, followed by the Eastern Suburbs at 84 percent and Inner West at 78.6 per cent. 
South of Sydney the childhood Kiama home of the Oscar winning Hollywood fashion designer Orry Kelly, sold at auction.
It was just the 1880s cottage, not the block of land.
It fetched $1000, and is now set to be relocated to a Jamberoo farm, nine kms inland. 
The vendors who plan to rebuild on the block saved themselves around $30,000 in demolition fees.
Transportation of the period gem, two bedroom cottage with high ornate ceilings, polished floorboards and stained glass windows, was estimated at about $30,000.
Kelly, who had grown up in the home in the early 1900's, won three Oscars for his costume design in An American in Paris (1952), Les Girls (1958) and Some Like It Hot (1960). 
With Monday a public holiday for four out of the eight states and territories, the week saw 1,426 auctions held across the combined capital cities, substantially lower than the 2,304 held last week.
<a href="/images/2016/03/14/Screen%20Shot%202016-03-14%20at%2010.23.28%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/03/14/Screen%20Shot%202016-03-14%20at%2010.23.28%20AM.png" alt="">
 
The combined capital city clearance rate softened this week, down from 68 percent last week to 66 percent, pulled lower by softer clearance rates in Brisbane (44 per cent), Perth (46.7 per cent) and Tasmania (33.3 per cent).
CoreLogic RP Data noted one year ago, the weighted average clearance rate was 77 per cent.
The nation's top auction sale was a triplex Drummoyne development site on Sydney Harbour that fetched $11 million.
It was downsizers who completed at Cremorne Point for a three-bedroom triplex garden apartment that fetched $4,065,000 in the highest Sydney single abode price.
The auction saw 10 parties raise their bidding cards after the $3.1 million opening bid. There had been a $3 million to $3.3 million auction price guide.
Melbourne's priciest sale was a $3.35 million Preston development site, while 46a Kinkora Road, Hawthorn was the dearest house sale at $2.83 million, at well above reserve.
The renovated four bedroom, two storey 1986 home had sold at $2,071,000 in March two years ago, with just a minor refurbishment inbetween sales.
A Victorian era Hawthorn home at 5 Yarra Street was passed in on a $4.4 million vendor bid, after the one buyer bid at $4.35 million. It had sold in spring 2014 at $4.36 million, suggesting little if any price growth.
Only 414 Melbourne auctions were held with the 70 percent successrate, a slight decrease on the 72 percent last week. Melbourne’s North West was the best performer, with 80 percent of reported auctions successful followed by the Inner South at 79 per cent.
A three bedroom home at Melton West was the nation's weekend's cheapest sale at $261,000, narrowly edging out a $262,500 sale in Loganholme, set mid-way between Brisbane and the Gold Coast. The basic two bedroom Queenslander had last sold in 1986 for $41,500.
 
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Curl Curl cottage stars in Sydney weekend auctions

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The Manly silvertail apartment market is pumping, but Sydney suburbs more associated with fibros are not missing out when it comes to affordable luxury.
Just this month there's been the $7 million plus sale of coal miner Tony Haggarty’s Manly apartment (above) overlooking Fairy Bower.
It was scheduled to go to auction last Saturday, but was snapped up by a local buyer through McGrath agent Jake Rowe who had strong interest from two other buyers.
The four bedroom, three bathroom 430 sqm, Vince Squillace designed apartment is spread over two levels with a terrace with a glass walled plunge pool.
On the North Steyne promenade there was a $5,125,000 sale last week.
Another over two levels, the four bedroom apartment had 200 sqm of living space with four terraces, Ray White selling agent Adam Reeves said.
The property traded at $4.4 million in 2007. 
The Manly record still stands at $12.2 million when a five bedroom sub-penthouse down the road sold to the co-founder of Greenhill Caliburn, Peter Hunt and wife Ellie.
The Hunt couple bought the apartment off the plan with lap pool in 2008 in the Susan Rothwell designed Waillea building.
The median for a Manly four bedroom apartment is $2.6 million.
Manly's median unit price sits at $1.02 million, up from $710,000 in 2013, and $620,000 in 2008, according to CoreLogic RP Data.
A development application at 138 North Steyne could see another two level penthouse come up for sale shortly through Adam Reeves. 
Across town in fibro territory, the prices aren't quite that of the Northern Beaches. 
Despite being at record levels, Canterbury's average unit sale price is $650,000 with Bankstown's $470,000.  
The soon to be compete Mosaic residential building at Bankstown is being marketed as 'where luxury and location meet' with apartments ranging from $449,000 to $675,000, "with incomparable living in one of Sydney's most culturally diverse and vibrant communities."
This article was first published in the Saturday Daily Telegraph.
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Manly's prestige apartment sales spree

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Singer songwriter Missy Higgins, the ARIA award-winner, has secured a buyer for her Abbotsford red brick warehouse conversion, as her offering joined the 2016 early bird properties selling quickly and without disappointment.
Higgins paid $1.8 million in mid-2012 for the property (above) with ITN Architects refurb. It was listed by private treaty through Kay &amp; Burton with $2.1 million hopes. There's suggestions 21a Mollison Street, set a short walk to the Yarra River, Studley Park and Victoria Street shops, fetched $2.2 million.
"The market is rocking strong at all levels on almost all properties," said Melbourne buyers agent Mal James.
"Only C grade stock is failing and that is almost always a function of seller opinion versus market opinion on the price," he suggested.
Four sales above $6 million kept the trophy home markets turning over nicely, with agents in Sydney and Melbourne now complaining they don't have the prestige stock to match buyer demand.
Australian test cricketer vice captain David Warner and his wife Candice secured a bullish $7 million plus sale of their South Coogee home three weeks ahead of its intended weekend auction.
The sale was easily above the $6.25 million paid two years ago by the couple who listed following their $4 million purchase of a oceanfront building block in Maroubra. 
The South Coogee home, once rented by ealier owners to the cast of the Geordie Shore reality television show, sold through McGrath agent Bethwyn Richards.
There was also a $6.45 million Mosman pre-auction sale which the Simeon Manners agency declared for its 61a Muston Street offering.
In Armadale, the price of the under the hammer sale of 12 Barnato Grove through Kay &amp; Burton, was not released publicly.
But attendees said it was sold at $6.74 million with four bidders no doubt attracted to the cutting edge five bedroom home set in Nathan Burkett designed gardens that featured in '100 Australian Gardens &amp; Landscapes.'
There'd been initial $4.5 million-plus price guidance.
A pre-auction modern four bedroom Balwyn home sale presumably took third place on the sales' podium as it was listed with $6 million plus aspirations, selling at an undisclosed price well ahead of the weekend auction.
Piermont, at 4 Boston Road, was a newly completed Phillip Mannerheim-designed home, with eight car basement garage, in the suburb's omnipresent Chateau-style (below).
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The nation's cheapest weekend result was a house in the Brisbane suburb of Marsden. The $267,000 sale at 10 Birch Street secured a three bedroom house which last sold at $90,000 in 1993. It fell short of the $285,000 asking price when listed by private treaty last November.
With less stock on the market there were more sales at higher than reserve than in previous weeks.
Wildly exceding expectations, in Sydney's Kingsford, an unrenovated, three-bedroom house attracted 27 bidders who forced the price to $3,065,000 – $1,065,000 over its reserve.
It traded in 2008 for just $1,015,000 with NG Farah selling agent Glenn Farah saying the weekend result at 6 Forsyth Street was “out of line” with other results in the area.
The auction of a classic Pettit and Sevitt house at West Pennant Hills, where seven parties lodge 68 bids before the hammer fell at $1,237,500 for the unrenovated house at 31 Eaton Road – $237,500 more than the reserve.
In St Kilda, the 1919 Aston Court, Spanish Mission apartment at 2/43 Acland Street had been listed with $900,000 plus hopes. Last traded at $635,000 in 2003, the two bedroom was knocked down at $1.24 million.
Not so lucky in St Kilda was entertainment industry talent manager Pete Sofo whose Santorini, 214/3-7 Alma Road investment apartment offering now comes with a private treaty price of $469,000. Sofo's McGrath agents had it initially listed expecting $400,000 to $440,000 for its March 5 auction. It last traded at $287,000 in 2006.
There were fewer auctions held this week across the capital cities - 2,253 compared to last week's 2,701, and the clearance rate fell from 71 percent last week to 68 percent this week, according to CoreLogic RP Data.
This week’s result marked the first time below the 70 percent mark this year.
Volumes will head lower next week due to the Labour Day public holiday in Melbourne where auction clearance rates sat at 70 percent, having fallen from 74 percent last week, with clearance rates ranging from 75.2 percent in North East Melbourne to 62.5 percent in Outer East Melbourne.
In Sydney, clearance rates fell to 68 percent this week from 72 percent last week. Over the week, 684 auctions were held across the city, down from 919 last week and also lower than the 944 that went under the hammer last year.
The inner regions of Sydney have maintained strength this week, with City and Inner South (81.3 percent), Ryde (80.7 percent) and Northern Beaches (78 percent) showing the strongest auction clearance rates for the week.
Brisbane’s preliminary results show 52.3 percent of auctions and across the Gold Coast, a preliminary clearance rate of 32.4 percent was recorded this week.
Canberra had the nation's best clearance rate at 71 percent this week with prices between $287,000 for a $380 a week, 1990s Kingston flat rental and a $2,585,000 four bedroom home in Forrest.
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Few auctions missing the mark among early bird offerings 

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Developer Toga Group said it sold 80 percent of its new 192-apartment residential tower "One Twenty Macquarie" in Macquarie Park in Sydney's north within four hours  of launching on Saturday morning. 
More than 50 percent of the buyers were owner-occupiers.
Buyers at the launch exchanged $130 million in contracts for apartments after buyers queued from 8am.
<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/2016/03/7/One20Twenty20Macquarie20Interior20Looking20Out_ma.jpg" alt="">
Toga chief executive Fabrizio Perilli said One Twenty Macquarie’s prime location in Macquarie Park’s bourgeoning satellite city coupled with the exceptional views on offer, were among the reasons more than 150-apartments were snapped up within four hours of release.
“This is a strong result and highlights the underlying demand for quality apartments with superb views and lifestyle amenities in an attractive satellite city,” Mr Perilli said.
Buyers were provided the opportunity to nominate apartment preferences in the lead up to the March 5 sales launch; minimising disappointment.
“Two and three-bedroom apartments proved to be particularly popular with the turnout of buyers on the day,” Mr Perilli added.
<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/2016/03/7/Macquarie.jpg" alt="">
Toga is fast approaching its 1000th sale at Macquarie Park following the weekend result, given its sold out 618-apartment development Macquarie Central and Macquarie Green; a 164-apartment development now 90 per cent sold.
Prices of apartments started from $600,000 for a one-bedroom. For more information, <a href="https://www.onetwentymacquarie.com.au" target="_blank">click here</a>.
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Toga sells 80 percent of One Twenty Macquarie

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Changes to price quoting announced by the government are a significant step forward and bring transparency and consistency to property transactions, the Real Estate Institute of Victoria said on Friday.
The changes include:
<ul>
<li>Delivery of a new fact sheet for buyers, which will include recent comparable sales for a property, the median price for the suburb and, most importantly, the agent’s estimated sale price for the property;</li>
<li>The revision of the property’s estimated selling price - if the agent receives an offer, in writing, that is higher than the current advertised or estimated price;</li>
<li>No “offers over” or “price-plus” advertising to buyers – with the selling price only provided as either a single price, or a price range (which must fall within 10 per cent of the upper and lower end).</li>
</ul>
The new rules will apply to residential private sales and auctions, not commercial.
REIV CEO Enzo Raimondo said the changes would benefit those looking to buy real estate in Victoria.
He added that the reforms would be effective in a variety of market conditions, and for all stakeholders in property transactions.
“The changes will provide consistency in pricing of property and the information provided to both vendors and buyers,” he said.
Raimondo said the reforms were the result of a joint effort by the REIV and the Office of the Minister for Consumer Affairs.
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New price-quoting rules ‘a significant step forward for industry’: REIV 

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This week, CoreLogic RP Data is tracking a total of 2,230 capital city auctions, with auction activity set to slow down in both Sydney and Melbourne, the nation’s two most active auction markets.
This week, 1,179 Melbourne auctions are being tracked, compared to 1,347 last week while Sydney will be host to 701 residential auctions, down from 919 last week and also lower than the 944 a year earlier. In Adelaide (96), Brisbane (126) and Perth (29), auction activity is also set to be quieter this week, while Canberra is the only capital city auction market where more homes will be taken to auction this week compared to last week, rising from 75 last week to 88 scheduled this week. 
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Capital City Auctions this week:
Sydney: 701
Melbourne: 1,179
Brisbane: 126
Adelaide: 96
Perth: 29
Canberra: 88
St Kilda (25), Reservoir (23) and Mount Waverley (18) all situated in Melbourne are the busiest individual suburbs for auctions this week. Outside of Victoria, the most auction activity will occur in Maroubra (NSW), where 11 auctions will be held. 
Summary of last week’s results:
CoreLogic RP Data collected a total of 2,476 auction results last week, accounting for almost 92% of all auctions held. The final auction clearance rate remained above the 70 per cent mark for the fourth consecutive week at 71.4%, which was slightly weaker than the preceding week where 71.8% of auctions were successful.
Melbourne’s clearance rate last week was 74.8%, the strongest result of any capital city, followed closely by Canberra, where clearance rates rebounded from 61.9% the previous week to 72.3% last week and Sydney at 72.1%.
Adelaide’s clearance rate has remained steady over the past two weeks, with last week’s final results showing 64% of auctions across the city were successful. In Brisbane, last week’s clearance rate of 57.4% is the strongest result seen so far this year and far outperformed the Gold Coast, where a final auction clearance rate of 42.4% was recorded. 
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Weekend auction activity set to slow down in both Sydney and Melbourne: CoreLogic RP Data

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Chinese buyers have helped drive huge price rises in Australia's property market, but the BBC reports Beijing is now trying to prevent its citizens from taking cash out of the country.
Reporter Julian Lorkin noted according to Chinese law, individuals can take a maximum of $50,000 (A$69,800; £35,000) out of the country.
"Chinese banks that once looked away when investors transferred money to outside China are now scrupulously applying rules about the transfer of capital overseas.
"This means fewer Chinese buyers can get enough money out of the country to buy expensive Australian real estate," the BBC said. 
Last year Chinese buyers spent a record A$12 billion on Australian property, with Dr Andrew Wilson, Domain's senior economist, saying China had been a very significant part of the market for the past few years, particularly for high rise apartments in Sydney.
Tim Lawless, from real estate analysts Corelogic, said many Chinese investors had brought money to Australia already, as they had planned to buy property there for several years.
Families could also team up to circumvent the US$50,000 foreign investment limit.
"That will sustain the property market," Mr Lawless said. "Chinese who have cash here are still interested in Australian property.
"However, they are looking for areas that might still have growth, like Melbourne or the Gold Coast. Sydney is past its peak, but prices haven't fallen off a cliff. "
Dr Wilson noted Chinese buyers were still active in Melbourne.
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