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

Weekend Auctions

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Adelaide was the best performing weekend auction capital with its affordable prices ranging between $330,000 and $1.45 million.
It scored a 75 per cent clearance rate from its 107 auctions.
Perth returned the lowest preliminary auction clearance rate of 52 per cent.
Auction volumes surge well past 3,000 for the first time this year returning a strong national preliminary auction clearance rate of 70 per cent.
There are two more so-called Super Saturdays squeezed in before the Easter break.
Click here <a href="https://www.propertyobserver.com.au/images/2018/2/26/capitals.jpg" target="_blank">to enlarge.</a>
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Upcoming Melbourne sellers include AFL champion Bryce Gibbs.
His former Ascot Vale home (above) before moving interstate to join the Crows has been listed for March 17 auction. 
The former Carlton player bought the two-storey, three-bedroom townhouse at <a id="LPlnk679169" href="https://www.realestate.com.au/property-townhouse-vic-ascot+vale-127607706" target="_blank">67c St Leonards Rd </a>in 2008.
The cheapest weekend result across the capital cities was when a student studio apartment sold pre-auction in Footscray at $120,000.
The sale of <a id="LPlnk308525" href="https://www.realestate.com.au/sold/property-studio-vic-footscray-127480502" target="_blank" rel="noopener noreferrer">224/133 Droop Street offering</a> was a $220 a week rental.
It was listed with a $105,000 to $110,000 price guidance.
The low rise apartment with around 40 sqm had previously traded at $122,000 in 2015. It sold at $127,000 in 2013. 
Across the combined capital cities there was a a total of 3,275 homes taken to auction, up from the prior week's 1,992 auctions when some 66.1 per cent were sold.
It remains down on the same week one year ago when agents secured a 78.4 per cent success rate across a slightly higher volume of 3,301 auctions. 
"Units outperformed the house market, with 72.9 per cent of units selling at auction, while 69.5 per cent of houses sold across the combined capitals," Kevin Brogan, auction analyst at CoreLogic said. 
The highest national sale was in Melbourne when <a id="LPlnk703549" href="https://www.realestate.com.au/sold/property-house-vic-middle+park-127461722" target="_blank" rel="noopener noreferrer">33 Canterbury Road, Middle Park</a> (below) fetched $5.75 million shortly after its auction which had a $5.45 million top bid.
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It was Eumeralla, a five bedroom Victorian terrace home on a 50 metre deep allotment. It had soaring ornate ceilings, marble fireplaces, arched entrance hall, gracious sitting room and main bedroom with full width balcony.
Marshall White secured the sale of the home which last sold at $2.5 million in 2006.
There were two bidders.
The highest Sydney sale under the hammer was the five bedroom <a id="LPlnk905843" href="https://www.realestate.com.au/property-house-nsw-strathfield-127449738" target="_blank" rel="noopener noreferrer">29 Cotswold Road Strathfield</a> which sold for $4,810,000.
It last sold in 2003 at $2 million.
There was a pre-auction sale of <a id="LPlnk767615" href="https://www.realestate.com.au/sold/property-house-nsw-bronte-127339282" target="_blank" rel="noopener noreferrer">4 Bayview Street, Bronte</a> for $7.5 million (below).
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Melbourne and Sydney both secured auction clearance rates of 71.7 per cent.
Melbourne's was up on the 69.8 per cent final result from the prior weekend.
Its volume jumped to 1,610 auctions held, up from 932 auctions.
In Sydney, 1,221 homes were taken to auction, up from the 737 offered over the prior week. 
Its preliminary result of 71.7 percent, was up on last week’s final clearance rate of 67.8 per cent.
Brisbane had a 53.3 percent clearance rate from 164 auctions listed. Its top sale was $5 million at Chelmer. <a id="LPlnk17197" href="https://www.realestate.com.au/property-house-qld-chelmer-127332058" target="_blank" rel="noopener noreferrer">The 127 Laurel Avenue sale</a> was a five bedroom Knowlman McDonald-built home on a 3122 sqm river frontage sold through Adcock Prestige. 
Adelaide's dearest was a tight finish between <a id="LPlnk946036" href="https://www.realestate.com.au/property-house-sa-henley+beach-127482362" target="_blank" rel="noopener noreferrer">a four bedroom $1.42 million Henley Beach offering</a> and <a id="LPlnk429905" href="https://www.realestate.com.au/property-house-sa-glenelg+east-127505126" target="_blank" rel="noopener noreferrer">a five bedroom $1.42 million Glenelg East house</a>. 
Adelaide's cheapest was <a id="LPlnk416596" href="https://www.realestate.com.au/property-house-sa-semaphore+park-127547786" target="_blank" rel="noopener noreferrer">a $330,000 Semaphore Park two bedroom apartment</a> that looked over Point Malcolm Reserve to the sea.
The 12/403 Esplanade offering was a two storey 80 sqm late 1960s apartment with a rental estimate of $320 to $340 per week.
 
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jchancellor-FAypfDUnLy

National clearance rates heads above 70 percent on summer's last hurrah

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Victoria has the most auctions among the capital cities this weekend, according to CoreLogic's weekend auction preview.
Melbourne's Point Cook is the busiest suburb with 12 auctions scheduled, while Sydney's Dee Why is second with 11 auctions set.
A four bedroom house at Point Cook has been listed for sale with over $600,000 hopes. 
The <a href="https://www.realestate.com.au/property-house-vic-point+cook-127257018" target="_blank">35 Martaban Crescent</a>  (pictured below) home has been scheduled for February 10.
It comes with four bedrooms, double remote garage and a north-facing rear garden.
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Another auction is a three bedroom terrace in Point Cook, which also has been scheduled for February 10 auction.
Located at <a href="https://www.realestate.com.au/property-house-vic-point+cook-127306386" target="_blank">42 Middleton Drive </a> (pictured below), this house has uninterrupted views of the parkland.
It has three bedrooms, an open plan kitchen and a remote control double car garage.
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The combined capital cities are set to see a notable increase in activity over the week, with 1,371 properties scheduled to go to auction, this is an increase of 74 per cent on last week when only 790 auctions were held coming out of the holiday period slowdown.
When compared to last year, volumes are expected to be lower this week than the 1,591 auctions held over the corresponding week last year.
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The number of scheduled auctions across Sydney is set to be lower than results from one year ago (640), with 481 auctions scheduled to take place this week which is over double the volume of auctions held last week (216). 
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The numbers are still low for Sydney however, who have nearly 21 percent more listings now than they had this time last year.
The harbour capital is at least heading in the right direction to shift some of its 2017 unsold stock.
 
 
 
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Across Melbourne, Australia’s other major market, the number of properties scheduled to go to auction this week increased to 575, up from last week’s 292, and only slightly lower than final figures one year ago (556).
 
Across the smaller markets, the number of scheduled auctions has increased over the week in Brisbane, Canberra, Perth and Tasmania, while volumes in Adelaide have decreased over the week. 
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Last week, the combined capital cities returned a final auction clearance rate of 62 per cent across 790 auctions, with both clearance rate and volumes recording lower than last year when 68.8 per cent of the 881 auctions cleared.
The two strongest auction markets in terms of clearance rate last week were Melbourne and Adelaide, with both cities recording a 70.2 per cent rate of clearance. Followed by Canberra (62.2 per cent) and Sydney (57.1 per cent), while Brisbane, Perth and Tasmania all recorded clearance rates at or below 50 per cent.
It is expected that auction volumes will returned to normal levels in the coming weeks and a true reading of auction market conditions can be established.
Outside of the capital city markets, Geelong returned a final clearance rate of 88.9 per cent across 20 auctions. While the Gold Coast recorded the highest volume of auctions with 96 held, however only 46.9 per cent were successful. 
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j.ballantyne1990-6AQqhLzZaK

Point Cook ranks as busiest weekend auction suburb

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A two storey modern $3.35 million Freshwater home on Sydney's northern beaches was the highest reported weekend auction sale.
The cheapest capital city offering was a <a href="https://www.realestate.com.au/property-unit-vic-footscray-127102346" target="_blank">one bedroom Footscray apartment</a>, but it was passed in at $210,000 having come with $230,000 plus hopes.
It was the first weekend for sales since Corelogic advised capital city dwelling prices fell by 0.5% in January, while regional prices grew by 0.2% over the month, the fourth consecutive month they’ve performed better than the capitals.
Regional Australia had plenty of cheap weekend results including <a href="https://www.realestate.com.au/property-house-qld-grantham-127202398" target="_blank">a three bedroom $115,000 house on 1000 sqm at Grantham</a> in Queensland. It last sold at $65,000 in 1989, reflecting two percent annual price growth in the Toowomba district town.
There was a $72,000 sale in regional Victoria when a t<a href="https://www.realestate.com.au/property-house-vic-dunolly-127247862" target="_blank">wo bedroom Dunolly cottage</a> went to auction, listed with $65,000 plus expectations. It last sold at $40,000 in 2000, reflecting three percent annual price growth. 
There was <a href="https://www.realestate.com.au/property-unit-nsw-tooleybuc-127160930" target="_blank">a $196,000 sale at Tooleybuc</a>, with views of the Murray River, of a two bedroom villa. Set on the NSW border in the western Riverina, it last sold at $78,000 in 1995, reflecting four percent annual price growth.
The auction market is slowly starting to bounce back from the seasonal Christmas holiday slowdown, with volumes lower than the same time last year.
CoreLogic was tracking 779 auctions over the week to Saturday, compared with the 881 homes taken to auction this week last year. 
Click here <a href="https://www.propertyobserver.com.au/images/2018/2/5/stock_levels.jpg" target="_blank">to enlarge.</a>
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Melbourne was the only capital city to see an increase in volumes year-on-year with its prices ranging up to $1.41 million when <a href="https://www.realestate.com.au/property-house-vic-highett-127275306" target="_blank">a four bedroom 1940s Highett house</a> was sold, at close to the suburb median house price.
The Middleton Street, Highett house had been listed with $1.34 million to $1.4 million price guidance, having last sold in 1986 at $81,400.
Around 290 Melbourne auctions were held with a preliminary auction clearance rate of 72.8 per cent.
"Towards the end of 2017, Melbourne clearance rates sat around the 65 per cent mark," CoreLogic auction analyst Kevin Brogan noted.
Adelaide’s preliminary clearance rate was 76.7 per cent, the best performing mainland capital city. There were 97 Adelaide auctions, compared to the 144 held over the comparable week last year.
It included <a href="https://www.realestate.com.au/property-townhouse-sa-plympton-127266186" target="_blank">a two bedroom Plympton townhouse that fetched $288,000</a>.
The coastal northern Sydney beaches home sold for $3.35 million was the four bedroom home at <a href="https://www.realestate.com.au/property-house-nsw-freshwater-127296178" target="_blank">39 Albert Street, Freshwater</a> (pictured) that sat on a 380 sqm block.
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It last sold at $1.4 million in 2006.
Across Sydney, 207 auctions were held over the week, including 180 on Saturday, up from just 42 on the previous weekend. 
The preliminary clearance rate of 63.1 per cent was down from the 72.3 per cent success rate this time last year across 259 auctions. 
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There were 98 Brisbane homes taken to auction with a preliminary clearance rate of 55.4 per cent.
Across the Gold Coast 56 results have been reported so far, with a success rate of 48.2 per cent.
Queensland's top sale came when the former Queensland Governor Leneen Forde sold her Gold Coast home of 25 years for $3.1 million.
<div>There were 14 registered bidders seeking to buy the <a href="https://www.realestate.com.au/property-house-qld-bilinga-127239402" target="_blank">four bedroom beachfront Pacific Parade home </a>which exceeded the previous $2.45 million record price for the strip.</div>
<div>Forde was the Governor of Queensland for five years until 1997, and later chaired the Commission of Inquiry into Abuse of Children in Queensland Institutions.</div>
<div> The 1980s brick home was bought by the Liberal National Party local member for Currumbin, Jann Stuckey.</div>
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In Perth, 30 auctions took place this week, with Perth’s preliminary clearance rate of 66.7 per cent. 
Canberra’s preliminary auction clearance rate of 64.4 per cent this week was lower than the 70.5 per cent recorded last year. 
CoreLogic recorded just three auction results across Tasmania this week with two sales.
One was $375,000 when <a href="https://www.realestate.com.au/property-house-tas-west+launceston-127291270" target="_blank">a three bedroom 1900s West Launceston cottage</a> was sold. It last sold in 2009 at $300,000.
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Regions alight, as Freshwater home kicks of 2018 auction sales

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Weekend auction volumes decreased across the capital cities as the extended Christmas break nears.
There are just a handful of auctions scheduled for next Saturday, December 23.
The penultimate pre-Christmas auction weekend saw a preliminary national auction clearance rate of 64.2 per cent, according to CoreLogic.
The rush of vendors who hopefully thought that buyers needed to buy something before the end of the year and were willing to pay ‘anything’ were increasingly mistaken, as the market changed gears from the intensity of early 2017.
Sydney especially looks set to finish the year with an auction clearance rate in the 50s, and even dipping into the high 40s in some regions.
The number of homes taken to auction nationally fell to 2,865 auctions, down on the prior weekend's 3,371 auctions.
The nation's top auction offering was in Brighton with a four bedroom house at <a href="https://www.realestate.com.au/property-house-vic-brighton-127014594" target="_blank" rel="noopener noreferrer">12 Cole Street </a>but which was passed in on a $5.5 million vendor bid.
It had been listed with $5.95 million to $6.44 million hopes, but now comes listed at $5.95 million.
It was a contemporary Steve Domoney Architecture-designed home where the four-bedrooms hugged a Zen-inspired courtyard garden and pool, also accessed from living and dining zones. It came with a two-room Gaggenau kitchen, and a four-room parents’ wing. 
Melbourne's highest sale was $3,825,000 in Carlton.
The four bedroom, one bathroom terrace at <a href="https://www.realestate.com.au/property-house-vic-carlton-127015838" target="_blank" rel="noopener noreferrer">173 Drummond Street </a>had been listed with $3 million to $3.3 million hopes. It last sold in 1983 at $165,000, and before that slightly higher in 1982 at $179,000 before the full effect of Australia's second last recession was felt.
Melbourne, Australia’s largest auction market, finished the year off with an auction clearance rate of 67.3 per cent across its weekend 1,628 auctions in a last minute rush to auction.
This time last year, 1,288 properties were taken to auction across Melbourne and a clearance rate of 73.9 per cent was recorded, CoreLogic auction analyst Kevin Brogan noted.
Mosman had Sydney's highest weekend auction outcome when 8 Cobbittee Street fetched $3.57 million pre-auction.
<a href="https://www.realestate.com.au/sold/property-house-nsw-mosman-127005662" target="_blank" rel="noopener noreferrer">It was offered </a>for the first time in 93 years. 
Sydney’s preliminary clearance rate was 60.8 per cent across 690 auctions. Over the same week one year ago, 878 auctions were held across Sydney and a clearance rate of 71.4 per cent was recorded.
Sydney's pre-auction sales with undisclosed prices included the McMahons Point home (pictured) of the retired litigation lawyer Peter Keel, a former Clayton Utz partner, and his wife Angela.
They had listed their McMahons Point home for December 16 Stone auction.
It was 1999 when the couple commissioned Jon Johannsen to design the modernism <a href="https://www.realestate.com.au/property-house-nsw-mcmahons+point-126782410" target="_blank">double sandstone residence</a> with five bedrooms. It comes with a pool on the double block.
They bought an 1880s-era terrace in the early 1990s for $420,000, and then added its twin in the late 1990s for $620,000.
Slacks Creek, south of Brisbane, had the nation's cheapest weekend house sale.
<a href="https://www.realestate.com.au/property-house-qld-slacks+creek-126022630" target="_blank" rel="noopener noreferrer">The two bedroom 44 Atkinson Street home</a> on 600 sqm fetched $285,000 through Ray White.
It had sold at $267,000 in 2010.
There were 196 Brisbane weekend auctions with a clearance rate of 54.8 per cent, compared to a year ago when there were 234 auctions with a success rate of 42.6 per cent.
Adelaide finished the auction year with the strongest weekend clearance rate of the capital cities, at 70.1 per cent, with 107 reported results across a total of 152 scheduled auctions, increasing on last weekend’s 65.2 per cent and the 58.4 per cent one year ago.
Adelaide's results included a three bedroom at <a href="https://www.realestate.com.au/property-house-sa-lockleys-127058442" target="_blank" rel="noopener noreferrer">3 Veronica Crescent, Lockleys</a> sold at $581,000, exceeding what it had been tipped by Belle Property to sell between $490,000 and $530,000.
But a three bedroom at <a href="https://www.realestate.com.au/sold/property-house-sa-south+plympton-127081426" target="_blank" rel="noopener noreferrer">68 Wheaton Street, South Plympton</a> sold prior for $586,000, fell short of its price guidance which was $599,000 to $649,000.
 
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Fewer bright auction results signals tougher sellers' market ahead in 2018

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CoreLogic is tracking 2,666 scheduled auctions across the combined capital cities over what is the last week for auction reporting for 2017.
It sits lower than the 2,735 held over the corresponding week last year. 
This is lower than last week’s final results which saw 3,371 auctions held.
Week-on-week activity across Melbourne and Sydney is set to fall as the end of year fast approaches, with a bumper 1,514 Melbourne homes scheduled to go to auction this weekend, down from the 1,833 auctions held last weekend.
Last week was the second busiest week for auctions this year across Melbourne.
In Sydney, there are 664 scheduled auctions this week, decreasing from the 1,007 auctions held last week.
All of the busiest suburbs for auctions this week are in Victoria, topping the list with 32 residential homes set to go under the hammer is Reservoir, followed by Craigieburn (27), Epping (23), and Frankston (23).
The Reservoir offerings include <a href="https://www.realestate.com.au/property-house-vic-reservoir-127037502" target="_blank">21 Locksley Avenue</a> (above), with $650,000 to $700,000 price guidance through McGrath.
There are fewer than a handful of auctions on Saturday December 23.
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Reservoir sees out the 2017 auction year on top

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The Hoyts boss Damian Keogh and wife, Maree, pocketed $3.9 million when their longtime Sutherland Shire family home went to auction last weekend.
They are downsizing to a four bedroom oceanfront apartment at Cronulla given all four of their children have now left school.
<a href="https://www.realestate.com.au/sold/property-house-nsw-lilli+pilli-126881274" target="_blank">The Lilli Pilli home</a>, purchased in 1997 for $800,000, had an extensive rebuild in 2002 making it five bedrooms plus study.
Listing agent Greg Gilbert had expectations in the high $3 millions. Bidding opened at $3 million with three parties competing. It was announced on the market at $3.7 million.
The home has views, palatial proportions, and functional family living, along with level lawns, and a basket ball pad. There's an in-ground pool and a cabana alfresco area on its double-width 1486 square metre block.
It was 2016 when they paid $2.85 million for the <a href="https://www.realestate.com.au/property-apartment-nsw-cronulla-121147990" target="_blank">beachfront Tiana apartment</a>.
Keogh retains a Quay West apartment in the Sydney CBD which he uses mid week while at work running the Hoyts Group.
Dubbed one of the best Australia's basketballers of all time, Keogh played over 400 games in the NBL and featured in three Olympic Games.
This article first appeared in The Sunday Telegraph. 
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Hoyts boss Damian Keogh secures Sutherland Shire sale at weekend auction

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Melbourne regained the mantle of being the strongest auction market, but the Carlton AFL legend Anthony Koutoufides was among those who didn't score their sale goal.
His former Brunswick West abode - which has been an $850 a week rental for several years - now has a $1,765,000 asking price.
Sandhaven (above and below), <a href="https://www.realestate.com.au/property-house-vic-brunswick+west-126841782" target="_blank">the four-bedroom Coronation Street</a> had pre-auction price guidance of $1.55 million to $1.65 million.
The California bungalow was where he and wife Susie lived for 15 years after paying $275,000 in 1998. The Herald Sun reported it passed in on a $1.6 million vendor bid.
<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/2017/11/27/Bruns2.jpg" alt="">
An 1865 Italianate terrace in Carlton topped Melbourne's sales at $5.46 million. The four bedroom, four bathroom Drummond Street terrace had been marketed with a <a href="https://www.realestate.com.au/property-house-vic-carlton-126846710" target="_blank">pre-declared $4.4 million reserve price</a>. It last traded in 2003 at $1,125,000.
Across Melbourne, preliminary results saw 69 per cent of the 1,456 reported auctions sold on the weekend, making it the third week in a row where the clearance rate has been below 70 per cent.
There were 1,727 properties taken to auction across the city, compared to 1,732 last week when the final clearance rate slipped to 66.9 per cent, the lowest clearance rate since July 2016.
Over the same week last year, 1,616 auctions were held and a clearance rate of 76.1 per cent was recorded. Looking at the sub-regions of Melbourne, the West recorded the highest clearance rate (76.4 per cent across 212 results).
Melbourne's cheapest sale was a one bedroom Essendon North unit (below) that fetched $238,000, <a href="https://www.realestate.com.au/sold/property-unit-vic-essendon+north-126884526" target="_blank">some $2000 less than its pre-indicated $240,000 reserve</a>.
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Domain report there will be more than 1000 offerings across Melbourne next weekend.
Auction volumes across the nation increased again with some 3,409 homes taken to auction across the combined capital cities across the week.
It was the third busiest week for auctions so far this year, with effectively just three Saturdays until the Christmas break.
They returned a preliminary auction clearance rate of 66.9 per cent, bettering the final results of last week when 60.9 per cent of the 3,390 auctions had a successful result.
It was the lowest national clearance rate since late 2015.
Once final results are collected, the combined capital city clearance rate will be in the mid to low 60 per cent range for the sixth week in a row, according to CoreLogic auction analyst Kevin Brogan.
Over the same week last year, a total of 3,398 homes were taken to auction across Australia with a 73 percent clearance rate.
Brisbane had the dearest and cheapest weekend auction results.
There was a $5.65 million Graceville riverfront sale sold by the executors of World War II US Air Force officer turned successful Brisbane businessman, Burton “Pete” Peterson who died at the age of 97 this year.
<a href="https://www.realestate.com.au/property-house-qld-graceville-126760290" target="_blank">It was a 6500 sqm estate</a> last traded seven decades ago. Agent Jack Dixon advertised the 1959 three level home has situated on a flood-free allotment "presenting a unique riverfront acreage lifestyle with multiple development options." 
The preliminary clearance rate in Brisbane rose to 57.6 per cent across 152 auctions this week, from 46.7 per cent across 217 auctions last week, while this time last year 191 auctions were held and a clearance rate of 43.8 per cent was recorded.
A Russell Island two bedroom cottage, set between Brisbane and Southport, was the nation's cheapest result.
<a href="https://www.propertyobserver.com.au/39%20Little%20Cove%20Rd,%20Russell%20Island" target="_blank">The cottage</a> fetched $119,000. It last sold 10 years ago at $132,000. Russell Island's two bedroom median is $190,000 according to CoreLogic.
Sydney was host to 1,200 auctions this week with a 66.2 percent preliminary clearance rate, after last week saw the lowest clearance rate since late 2015.
This time last year, 77.1 per cent of the 1,262 homes taken to auction were sold. The Sutherland Shire's 77.5 per cent was the top weekend performer, followed by the Eastern Suburbs (76.2 per cent), and Inner West (75.0 per cent) regions.
Sydney just missed out of having the nation's top sale when $5.6 million was paid in the Shire. <a href="https://www.realestate.com.au/sold/property-house-nsw-caringbah+south-126816298" target="_blank">The five bedroom Grandview Parade, Caringbah South</a> home was a deep waterfront on 1000 sq m.
It was marketed by Abode agent Suzzane Hibberd as "one of the few properties on Burraneer Bay with its own boat ramp."
It last sold in 1991 at $1.1 million. Domain reported competition from five registered bidders. The house was on the market at $5.48 million after bidding opened at $5 million.
Adelaide's cheapest sale was $297,000. <a href="https://www.realestate.com.au/property-house-sa-ottoway-126819486" target="_blank">The three bedroom brick Ottoway home</a> had been listed with $275,000 price guidance.
In Adelaide, a 67.0 per cent preliminary result was recorded this week across 153 auctions. Last week, 151 Adelaide auctions returned a clearance rate of 64.5 per cent for the city, while at the same time last year, 144 homes were taken to auction, with 63.1 per cent recording a successful result.
Perth’s clearance rate of 38.9 per cent across 18 auction results is down from last week, when 85 auctions were held and a clearance rate of 39.7 per cent was recorded. Over the same week last year, the clearance rate was a lower 27.3 per cent, and 67 auctions were held.
Sales included a <a href="https://www.realestate.com.au/sold/property-house-wa-cloverdale-126773506" target="_blank">four bedroom 1960s brick home at Cloverdale</a> at $475,000. <a href="https://www.realestate.com.au/sold/property-house-wa-cloverdale-126773506" target="_blank"> </a>
Across Canberra, 128 homes were taken to auction this week. Preliminary results show a clearance rate of 66.1 per cent, up from 62.8 per cent the previous week. 
There was a $3.16 million sale at Red Hill. <a href="https://www.realestate.com.au/property-house-act-red+hill-126849794" target="_blank">The five bedroom Mugga Way home</a> on Canberra's golden mile traded at $1,365,000 in 2009. 
 
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Anthony Koutoufides seeks more after his failed Melbourne weekend auction

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The inner west Rozelle, Sydney weatherboard cottage - with the identifying bright yellow front door of former Wiggle Sam Moran - was sold at weekend auction.
<a href="https://www.realestate.com.au/property-house-nsw-rozelle-126290238" target="_blank">The cottage </a>secured $1,835,000 when offered by Moran and his American-born wife Lynn Stuckey who paid $955,000 in 2011.
Moran, who departed the Wiggles in 2011, now fronts the preschool show, Play it with Sam.
While three buyers had registered, there were only two active competitors.
It was declared on the market at $1,835,000.
The investor buyer told the Sunday Telegraph he hopes to get $950 to $1000 a week in rent.
The national weekend auction clearance rate sat at around 70.7 percent, according to CoreLogic, which noted it had been was the busiest since the end of May.
Auction volumes have increased to a total of 2,759 homes taken to auction.
Some 2,226 initial results reported to CoreLogic, the weekend sales returned a preliminary clearance rate of 70.7 per cent, up from last week’s final clearance rate of 66.7 per cent across 2,510 auctions.
Melbourne was host to the most auctions in a bumper pre-grand final weekend offering.
With 1,359 auctions scheduled, there was a preliminary clearance rate of 73.9 per cent from the 1,140 reported results.
Last weekend Melbourne had 1,265 auctions with a final clearance rate of 71.4 percent. 
At the same time last year, Melbourne’s clearance rate was 77.2 per cent across 1,103 auctions.
The North West region recorded the strongest clearance rate of 85.4 per cent across 101 auctions.
Melbourne's top sale was a <a href="https://www.propertyobserver.com.au/50&amp;52%20Boorool%20Rd%20KEW%20EAST" target="_blank">townhouse development site</a> at Kew that fetched $4.36 million.
Permits had been approved for the four townhouses on the 1430 sqm Boorool Road offering which sold at $16 million in 2015.
In Toorak, <a href="https://www.realestate.com.au/sold/property-house-vic-toorak-126261594" target="_blank">$3.72 million was paid for 112 St Georges Road</a>, one of six residences built on the site of former Prime Minister Harold Holt’s home.
The Herald Sun reported auction was slow going at first, but the buyer was the fourth and final bidder.
The four-bedroom house shares a communal pool, jetty on the Yarra River and a large garden with the five neighbours.
A four bedroom penthouse St Kilda apartment that sold for $3.61 million was Melbourne’s most expensive weekend apartment residential acquisition.
Located at <a href="https://www.realestate.com.au/property-apartment-vic-st+kilda-126255338" target="_blank">18/21 Marine Parade</a>, the property with bay views comes with an alfresco terrace for entertainment.
It had sold at $1.56 million in 2001.
A one bedroom Burnswick unit sold for $250,000 was Melbourne’s cheapest weekend auction sale.
Located at <a href="https://www.realestate.com.au/sold/property-unit-vic-brunswick-126134498" target="_blank">14/6 Garnet Street</a>, the property last sold in 1983 for $21,000.
Sydney’s preliminary auction clearance rate was 71.5 per cent across 1,014 auctions this week, after last week saw the final clearance rate slip below 65 per cent for the first time this year to 64.2 per cent.
"The current clearance rate across Sydney is significantly lower than this time last year when 80.4 per cent of the 946 auctions held were successful," Kevin Brogan, CoreLogic's auction analyst said.
Strong results however were recorded across the Northern Beaches (84.7 per cent), Central Coast (84.6 per cent) and Ryde (84.6 per cent).
A two bedroom Bankstown unit sold for $461,000 was Sydney’s cheapest weekend auction sale.
Located at <a href="https://www.realestate.com.au/property-unit-nsw-bankstown-126280498" target="_blank">10/48 Reynolds Avenue</a>, the unrenovated property last sold in 1996 for $155,000.
Sydney's top sale was a Balgowlah Heights house that fetched $4.1 million pre-auction.
Located at <a href="https://www.realestate.com.au/sold/property-house-nsw-balgowlah+heights-126266314" target="_blank">3 Tabalum Road</a>, the four bedroom house on 568 sqm came with views over Middle Harbour.
It last sold in 2008 for $2.1 million.
"Sydney’s auction market survived its September super Saturday, recording a solid clearance rate for sellers despite the usual flood of pre-holiday listings," Domain economist Dr Andrew Wilson noted. 
"The number of properties reported sold before auction continues to climb with motivated sellers keen to secure a sale from a dwindling pool of buyers," he added.
Some 168 Sydney homes were reported sold before auction at the weekend which was well ahead of the 148 reported the previous weekend and significantly higher than the 109 reported mid-August.  
Across Brisbane the preliminary clearance rate was 51.5 per cent this weekend after 99 auctions were reported to CoreLogic.
A five bedroom Ascot house sold for $2.4 million making it Brisbane’s most expensive weekend auction sale.
Located at <a href="https://www.realestate.com.au/property-house-qld-ascot-126284338" target="_blank">111 Alexandra Road</a>, the 1920s home last sold in 2003 for $1.9 million.
The offering with a tennis court was offered through Vanessa Harte of Ray White who told The Courier Mail five bidders registered for the auction of the 1022 sqm property.
There were 122 Adelaide auctions compared to 100 last week and 131 at the same time last year.
The cities preliminary clearance rate this week was 60.6 per cent, down from 68.2 per cent last week and lower than one year ago (78.2 per cent).
A four bedroom Bedford Park house sold for $420,000 was Adelaide’s cheapest weekend auction sale.
Located at <a href="https://www.realestate.com.au/sold/property-house-sa-bedford+park-126342402" target="_blank">16 Franklin Avenue</a>, the three bedroom, one bathroom home on 1000 sam was offered with the potential to create an extra one or two additional bedrooms.
In Canberra, 69.2 per cent of the 78 reported auction results for Canberra were sold this week, down from 71.9 per cent last week and higher than last year (68.4 per cent).
A two bedroom Holt house sold for $290,000 making it Canberra’s cheapest weekend auction sale.
Located at <a href="https://www.realestate.com.au/sold/property-house-act-holt-126317694" target="_blank">19 Goddard Crescent</a>, the property was in original condition but featured new carpet in the lounge and bedrooms.
Perth’s clearance rate of 36 per cent across 25 auction results is similar to last week, when 33 auctions were held and a clearance rate of 35.7 per cent was recorded.
Over the same week last year, the Perth clearance rate was a lower 29.5 per cent, and 50 auctions were held.
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Former Wiggle Sam Moran sells Rozelle cottage

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Melbourne reported a strong clearance rate of 80.1 percent over the Queens Birthday long weekend, sharply reversing the weakening trend of the past month according to Domain's Andrew Wilson.
He said this figure was well above the year-low 75.9 percent recorded the previous weekend and well ahead of the 65.8 percent recorded over the same holiday weekend last year.
"The local market hosted typically low numbers of holiday listings at the weekend with just 267 auctions scheduled, which was well below the previous weekend’s 1047 auctions but similar to the 265 conducted over the Queen’s Birthday holiday weekend last year," he said.
"The Sydney home auction market tracked back sharply over the Queen’s Birthday holiday weekend, continuing the declining trend of the past month
"Though it was a predictably slow weekend, with 407 homes on offer, it was still the most auctions ever held over a Queen’s Birthday public holiday. 
"Sydney recorded a clearance rate of 67.1 percent on Saturday, which was well below the previous weekend’s 74.3 percent and also lower than the 70.4 percent recorded over the same holiday weekend last year, when 284 auctions were held.
"Saturday’s clearance rate was the fourth consecutive decline in weekend results and the lowest rate recorded by the local market since December 2015."
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jonathanchancellor-7SQnKwU6yx

Melbourne auctions strong for long weekend, Sydney retreats

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A residential Potts Point car parking space, in inner Sydney, fetched $222,000 at weekend auction, which the Di Jones selling agent declared “top dollar”.
Bidding opened at $120,000 for <a href="https://www.domain.com.au/101-45-53-macleay-street-potts-point-nsw-2011-2013605721" target="_blank">the 16 square metre undercover space</a> (above) in The Chimes apartment block.
There were two of the five registered parties still bidding from $180,000 onwards.
Another standard car space had sold nearby earlier this year at $190,000 with a larger 26 sq m car space fetching $264,000 two years ago.
The successful bidder has resided in Potts Point for two decades and intended the car spot for his personal use, The Sunday Telegraph reported.
The 10-storey, 80 unit Macleay Street strata studio block was built in the mid 1960s when the standard EJ Holden cost the equivalent of $2000.
The car space was among the first week of winter offerings, but not the cheapest. 
A three bedroom house at Smithfield - offered as a renovator's dream - sold for $142,500 as Adelaide’s and the nation's cheapest weekend auction sale.
Built in 1980 it last sold in 1995 for $56,000.
Featuring three bedrooms, the property at <a href="https://www.realestate.com.au/property-house-sa-smithfield-125500850" target="_blank">19 Adaluna Crescent</a> had $110,000 price guidance.
<img src="https://www.urban.com.au/images/2017/06/04/Screen%20Shot%202017-06-05%20at%208.29.18%20AM.png" alt="">
The onset of winter saw auction volumes fall across the country.
Some 2,545 homes were taken to auction, compared to 2,885 the previous weekend, according to CoreLogic’s latest report.
The property data firm says that the preliminary clearance rate across the combined capital cities was higher (73.9 per cent) compared with last week’s finalised result, which was the third lowest clearance rate so far this year (71.3 per cent).
With auction clearance rates typically revising lower as more results flow through, the final clearance rate is likely to be lower than what was recorded last week, CoreLogic auction analyst Kevin Brogan said.
Every city had a higher clearance rate than the same weekend last June.
At the same time last year, both the combined capital city clearance rate and the number of auctions were lower, with 2,008 auctions held and 68.2 per cent reported as successful.
The two largest auction markets, Melbourne and Sydney, saw their preliminary clearance rates rise compared with last weeks finalised results, with Sydney at 77.5 per cent and Melbourne at 75.4 per cent.
Across the smaller capital city markets, week-on-week results show mixed results with clearance rates falling in Brisbane and Canberra.
Across Melbourne, 1,181 homes were taken to auction and preliminary results show a clearance rate of 75.4 per cent, increasing from last weekend when the final clearance rate fell to 74.2 per cent across 1,366 auctions, the lowest clearance rate for the city so far this year.
At the same time last year, Melbourne’s clearance rate was 71.1 per cent, with 970 auctions held across the city.
Looking at Melbourne’s sub-regions, the West region was the best performer in terms of clearance rates, with a 83.5 per cent success rate.
The top weekend sale was a 1970s Hawthorn house for $5.51 million.
Located at <a href="https://www.realestate.com.au/property-house-vic-hawthorn-125400526">17 Fairview Street</a>, (below) the 760 sqm property marketed as suitable to be redeveloped was snapped up by a Chinese buyer who will demolish the five bedroom brick home, Fairfax Media reported. 
<img src="https://www.urban.com.au/images/2017/06/04/Screen%20Shot%202017-06-05%20at%208.30.27%20AM.png" alt="">
With views overlooking Fairview Park, Yarra River and CBD, it was last sold in 2007 for $2.8 million.
There was a record price paid in Fitzroy when a couple from Boroondara with three young children secured Fitzroy House at <a href="https://www.realestate.com.au/sold/property-house-vic-fitzroy-125390094">43 Gore Street </a>with a $4.9 million bid.
It at almost $900,000 more than the suburb’s previous record of $4.011 million set by 17 Bell Street last year.
It was sold by Madman Entertainment co-founder Paul Wiegard and his wife Sarah, who spent about $2 million renovating the three-level 1854 house, which cost $2.1 million in 2008.
It was built for surgeon Thomas Embling.
Sydney’s preliminary auction clearance rate increased to 77.5 per cent from 72.7 per cent last week, while auction volumes were lower this week with 1,000 homes taken to auction, compared to 1,101 last week.
At the same time last year, both the clearance rate and auction volumes were lower with 692 homes taken to auction and a clearance rate of 72.9 per cent.
Sydney's top sale was an art deco Russell Lea house sold for $5.15 million with six bidders registering at the auction.
Located at <a href="https://www.realestate.com.au/property-house-nsw-russell+lea-125413062" target="_blank">26 Clements Street</a>, the P&amp;O style residence sits on a double block that overlooks Iron Cove Bay.
<img src="https://www.urban.com.au/images/2017/06/04/Screen%20Shot%202017-06-05%20at%208.32.12%20AM.png" alt="">
Designed in 1939 by Guy Crick, it was marketed as having potential to renovate or develop through Warwick Williams Real Estate agents Adrian Sereni and Warwick Williams.
There were 146 auctions held across Brisbane this week, down from 162 last week, but higher than one year ago (130).
Preliminary results show that 51 per cent of Brisbane auctions were successful this week, up from 52.2 per cent last week, while one year ago 48.2 per cent of auctions were sold.
A two bedroom timber Woodridge house sold for $241,000 making it Brisbane’s most cheapest weekend auction sale.
Located at <a href="https://www.realestate.com.au/property-house-qld-woodridge-125467238" target="_blank">72 North Road</a> (below), the 875 sqm parcel holding last sold in 1986 for $39,000.
<img src="https://www.urban.com.au/images/2017/06/04/Screen%20Shot%202017-06-05%20at%208.33.32%20AM.png" alt="">
A total of 107 auctions were held in Adelaide this weekend, down from 112 last week, and up from 98 last year.
Preliminary Adelaide results for the weekend show 63.4 per cent sold, up from 57.6 per cent last week. 
An Aldinga Beach beachfront reserve house sold for $1.45 million.
Located at <a href="https://www.realestate.com.au/property-house-sa-aldinga+beach-125424530" target="_blank">210 Esplanade</a>, the 1800 sqm property is just steps away from the beach, 50km from Adelaide CBD, and a short drive to McLaren Vale.
<img src="https://www.urban.com.au/images/2017/06/04/Screen%20Shot%202017-06-05%20at%208.34.32%20AM.png" alt="">
Modernised since built in 1965, it was last sold in 2009 for $1.175 million and in 2002 for $680,000.
Across Perth, preliminary results show 58.3 per cent of the 12 reported auctions were successful, while one week ago 50 per cent of Perth auctions were successful and one year ago just 13 per cent were sold.
There were 78 auctions held in Canberra this week and the preliminary clearance rate was 71.9 per cent, down from 73.8 per cent last week and similar to one year ago (71.1 per cent).
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