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

<html><body>
Signs of reduced feverish buyer intent have emerged at auctions although the Saturday morning auction scene is still a sellers' market. 
There were no registered bidders when a Holland Park West, Brisbane offering was put to weekend auction, suggesting the market may be edging towards the buyers' advantage.
<a href="https://www.realestate.com.au/property-house-qld-holland+park+west-124989542"></a><a href="https://www.realestate.com.au/property-house-qld-holland+park+west-124989542" target="_blank">The three-bedroom, one-bathroom cottage</a> was relocated to its current location in 1929, when moved from Kangaroo Point to make way for the Storey Bridge.
The Place Bulima agent Shane Hicks said interest had been good from first homebuyers, investors and developers who’d like to knock the house down.
But with no registered bidders, the auction was over as soon as it began, The Courier Mail reported.
<div>
Domain's chief economist Dr Andrew Wilson was cautious on the nation's weakened weekend results.
"It may be easing," he told The Australian Financial Review while adding he would like to see more data before saying we've just seen the top.
Dr Wilson said that the overall market direction would centre on the cost of mortgages.
"I think interest rates are the key," he said.
The national weekend clearance rate of 72.1 was still well up 69.7 per cent in the same time last year, CoreLogic data indicate.
The top auction sale across the country took over an hour to secure at Toorak.
There were the three bidders for the property which was announced on the market at $5 million.
</div>
Auctioneer Justin Long sold <a href="https://www.realestate.com.au/sold/property-house-vic-toorak-124977254" target="_blank">13 Toorak Avenue, Toorak</a> for $5,733,000. The offering last sold in 1986 at $493,000.
Sydney's top sale was $5.4 million in Strathfield - $900,000 over its reserve price.
<a href="https://www.realestate.com.au/property-house-nsw-strathfield-125082646" target="_blank">The four bedroom home on a 929sqm block</a> located on Strathfield's Golden Mile was marketed by Devine agent Aaron Papadimatos as a rebuild opportunity. 
It is on the same street where the $8.41 million suburb record was paid last year.
In Longueville a four-bedroom home sold for $400,000 over reserve.
Bidding for<a href="https://www.realestate.com.au/sold/property-house-nsw-longueville-125090306" target="_blank"> 26 Dunois Street</a>, opened at $4 million and with four registered bidders, it sold for $5.3 million, well above the $3,975,000, it last traded for in 2015.
Auction activity increased significantly across the combined capital cities this week after last week’s Easter break, with 1,732 homes taken to market and a preliminary clearance rate of 72.1 per cent, down from 73.9 per cent last week across fewer auctions (493).
Melbourne saw the most significant increase in activity, with volumes increasing from 102 last week to 823 this weekend.
It also secured the highest clearance rate of all the capital cities at 76.8 per cent.
Melbourne sales included world road race champion Judith Arnt who sold the Kensington house she has shared with her partner for $903,000.
<a href="https://www.realestate.com.au/property-house-vic-kensington-125057130" target="_blank">The two bedroom</a> single fronted timber period residence sold through Rendina director Lou Rending who said they were upsizing in Kensington.
There were three bidders competing with a young professional couple winning the keys, The Herald Sun noted.
It last sold at $643,500 in 2011.
Both Melbourne's clearance rate and volumes are higher than what was seen over the corresponding week last year, when 69.7 per cent of the 1,565 auctions cleared, according to Kevin Brogan, CoreLogic's auction analyst. 
Melbourne's strongest performer, in terms of clearance rate was the Inner East where 86.2 per cent of these auctions were successful. 
<a href="https://www.realestate.com.au/property-house-vic-surrey+hills-125040026" target="_blank">The 1880s residence Tandarra</a>, a four bedroom home that was once the Surrey Hills Police Station, sold with buying interest from four bidders. The auctioneer Luke Banitsiotis announced the old cop shop on the market at $2,650,000, with it then sold at $2,867,000.
It came with 3.4 metre high ceilings, intricate cornices and ceiling roses, ceiling arches and functional marble fireplaces.
In Sydney, 585 auctions were held this week, up from 279 over the previous week.
The preliminary weekend clearance rate of 75.8 per cent was down from 77 per cent last week and also lower than this time last year, when a clearance rate of 77.4 per cent was recorded across 643 auctions.
A converted community hall in Sydney’s inner west Summer Hill fetched $500,000 over reserve when <a href="https://www.domain.com.au/80-smith-street-summer-hill-nsw-2130-2013477658" title="">80 Smith Street</a>, which was built by The Salvation Army, sold for $2.7 million on Saturday. 
The former hall has served as a family home with adjoining office space, for the past six years since sold at $1.6 million.
Weather had little effect on early autumn auction attendance and consistent record breaking results, the Gerard Partners agency blogged.
"Not the case it would seem with school holidays and holiday weekends, which clearly had an effect on today's auction attendance," the agency advised on Saturday noting with smaller than typical crowds and a mixed bag of results with half of the properties attended being passed in. 
The Ryde region recorded the strongest clearance rate of 95.7 per cent across 29 auctions. 
There were 134 Brisbane auctions this week with a preliminary clearance rate of 45.8 per cent, having increased from 42.3 per cent last week across 32 auctions and higher than one year ago when there were 130 auctions with a success rate of 37.6 per cent.
The most active auction across the country was likely when developers were keen on <a href="https://www.realestate.com.au/property-house-qld-nundah-125041038" target="_blank">the prospects</a> for 79 Bage St, Nundah. 
There were 23 registered bidders battling it out for the four title 1630 square metre holding its two-bedroom colonial home.
The home is likely to be relocated as the site is zoned for multiple houses or multi-unit.
Ray White Ascot agent Damon Warat secured $2.55 million selling to a local developer who will land bank the holding while planning a project.
Adelaide saw a preliminary clearance rate of 64 per cent, with 50 reported results across a total of 98 scheduled auctions.
Adelaide’s previous clearance rate was 67.6 per cent and at 59.5 per cent one year ago. 
Across Canberra a total of 54 auctions were held this weekend, compared to 56 at the same time last year.
Canberra’s preliminary clearance rate of 70.2 per cent was lower than it was the previous week's 75 per cent.
</body></html>

jchancellor-FAypfDUnLy

Buyers hit and miss at post-Easter weekend auctions

<html><body><div class="page" title="Page 1">
<div class="section">
<div class="layoutArea">
<div class="column">
<div class="wp-caption">
The Block Sky High alumni Bec and George Douros secured the $910,000 weekend sale of the first house they bought together in Melbourne.
Transformed with a recent year-long DIY $100,000 renovation, the 1950s Spotwood weatherboard was bought almost eight years ago for $490,000.
The <a href="https://www.realestate.com.au/property-house-vic-spotswood-124844478" target="_blank">2 Robert Street</a> (above) offering came with a price guide of $850,000 to $900,000 through Jas Stephens, Williamstown, selling agent Mark Hutcheson.
Bec and George, who pocketed $242,000 from their stint on The Block Sky High in 2013, previously subdivided the block to build a townhouse on the site.
The national auction clearance rate nudged higher over the week, at the same time the number of auctions surged to the second highest level this year.
Auction activity across the capital cities increased this week from 2,916 last week to 3,147 this weekend.
It was the largest number of auctions since the last week of February 2017 when 3,301 auctions were held.
This time last year was the Easter long weekend.
The clearance rate across the combined capitals was 77 percent, increasing from 74 percent over the previous week and up from 70.9 percent one year ago.
"Australia’s largest auction markets are continuing to run hot," CoreLogic’s auction commentator Kevin Brogan said.
Sydney saw the highest preliminary clearance rate across the cities at 81.1 percent.
Brisbane and Perth where clearance rates fell.
A total of 1,082 homes were auctioned in Sydney this week, with preliminary results returning a clearance rate of 81.1 percent, the strongest clearance rate for Sydney so far this year.
Last week, across the 1,001 auctions in the city, 76.8 percent of results were successful.
The busiest regions for auctions across Sydney this week were North Sydney and Hornsby (151 auctions) and Inner South West (124 auctions), while clearance rates ranged from as high as 91.3 per cent in Northern Beaches to as low as 63.8 per cent in Parramatta.
Sydney's top sale was at Vaucluse where a <a href="https://www.realestate.com.au/property-house-nsw-vaucluse-124825934" target="_blank">six bedroom contemporary home</a> (below) was sold through McGrath Estate Agents.
<img src="https://www.urban.com.au/images/2017/03/27/Screen%20Shot%202017-03-27%20at%209.56.31%20AM.png" alt="">
There were 1,601 Melbourne auctions this week, making it the busiest capital city. Across the 1,391 reported results, 79.9 per cent were successful this week, up from 77 percent last week.
Prices topped out with a five bedroom $5.53 million Brighton house, which was offered for the first time in five decades.
The 1930s Gordon Murphy-designed home with extension designed by architect Geoffrey Woodfall sits on a 1279 square metre <a href="https://www.realestate.com.au/sold/property-house-vic-brighton-124876698" target="_blank">Kinane Street block</a> (below).
<img src="https://www.urban.com.au/images/2017/03/27/Screen%20Shot%202017-03-27%20at%209.57.38%20AM.png" alt="">
It sold at $530,000 above reserve.
Sales included a<a href="https://www.realestate.com.au/property-house-vic-chelsea-124875466" target="_blank"> </a>Chelsea beach box (below), number 1322, which sold to a local for $175,000.
<img src="https://www.urban.com.au/images/2017/03/27/Screen%20Shot%202017-03-27%20at%209.59.33%20AM.png" alt="">
"Shed No. 1322 has been held by the same family for three generations," Barry Plant Mordialloc selling agent Michael Care said.
The strongest performing Melbourne sub-region was the North West with 91.7 percent of auctions clearing, followed by the Mornington Peninsula region (88.1 percent) based on preliminary results.
Across Brisbane, auction volumes rose from 179 last week to 196 this week, with a preliminary clearance rate of 44 percent, compared to 50 percent last week. 
Brisbane's top sale was a <a href="https://www.realestate.com.au/property-house-qld-hawthorne-124505082" target="_blank">442 sqm riverfront block </a>(below) offering city views from its Hawthorne vantage point, that fetched $2,225,000.
<img src="https://www.urban.com.au/images/2017/03/27/Screen%20Shot%202017-03-27%20at%2010.00.46%20AM.png" alt="">
The Ray White offering of the Gordon Street had last sold at $2.3 million in 2007.
Preliminary results show that 68.2 percent of the 124 Adelaide auctions were successful this week, up from last week (57.4 percent).
The top sale was a <a href="https://www.realestate.com.au/property-house-sa-magill-124847266" target="_blank">five-bedroom character home at Magill</a> (below) - the former orphanage known as Lentara - with sold through Belle Property for $1.412 million.
<img src="https://www.urban.com.au/images/2017/03/27/Screen%20Shot%202017-03-27%20at%2010.01.52%20AM.png" alt="">
With soaring 3.6m ceilings, stained glass, cove cornices, and Baltic timber floors, the house sits on 1490 sq m at 6 Penfold Road.
It last sold at $1.28 million in 2012.
Perth’s preliminary auction clearance rate was 30.8 per cent this week across 13 results. Last week, 42 results were captured across the city, with 61.9 per cent having sold. 
Some 78.4 percent of Canberra auctions were successful this week, up from 72.9 percent last week and higher than one year ago (58.3 percent). There were 104 auctions held in Canberra this week and 114 last week. 
A lakeside reserve 1950s home was the ACT's top sale at <a href="https://www.realestate.com.au/property/8-brown-st-yarralumla-act-2600" target="_blank">$2.59 million at Yarralumba</a>.
<img src="https://www.urban.com.au/images/2017/03/27/Screen%20Shot%202017-03-27%20at%2010.03.22%20AM.png" alt="">
The 8 Brown Street three-bedroom monocrete cottage on 867 sq m was the only property on the street of nine houses yet to be redeveloped.
Domain reported there were nine registered bidders.
</div>
</div>
</div>
</div>
</div></body></html>

j.ballantyne1990-6AQqhLzZaK

Spotswood weatherboard sells for Block alumni

<html><body>
Sydney had a stellar weekend with strong prestige property sales.
An off the plan penthouse offering at the luxury development Opera Residences on Circular Quay <a href="https://www.operaresidences.com.au/" target="_blank">sold for $27 million</a>, bettering a $26 million adjacent sale announced just a few days earlier.
The sale of the last 280sqm penthouse (below) occurred on Saturday at the official launch of the 109 apartments to be built on Macquarie Street by Chinese developer Macrolink and its local joint venture partner, Landream. 
<img src="/images/2016/11/21/700_penthouse.jpg" alt="" width="520" height="316">
A local family from the Sydney's lower north shore secured the 19th level with views of the Harbour Bridge, Opera House and the Botanical Gardens. 
There was also confirmation of a <a href="https://www.realestate.com.au/property/54-wunulla-rd-point-piper-nsw-2027" target="_blank">$60 million plus sale of Altona</a>, a Point Piper harbourfront home (lead image pictured above).
It was sold by the low key Wang family to the Huang family from Hunters Hill. 
The Wang family had bought the prized harbourfront home for $52 million in 2013, so with few only minor renovations have made a handy profit.
Its sale did not require Foreign Investment Review Board approval by the resident Australians.
The iconic Victorian Italianate home sits on a 2400 sq m holding.
Sydney dominated the weekend auction scene too.
A $5.9 million pre-auction sale was secured at Mosman.
<img src="/images/2016/11/21/Screen%20Shot%202016-11-21%20at%209.26.08%20AM.png" alt="">
The <a href="https://www.realestate.com.au/property/6-lavoni-st-mosman-nsw-2088" target="_blank">6 Lavoni Street offering</a> (above) has sold at $5.55 million in September 2015.
In Sydney, 1,064 auctions were held this week, down from 1,089 over the previous week. The preliminary clearance rate of 81.2 percent is slightly down from 81.4 percent last week, however still higher than the corresponding week last year, when a clearance rate of 56 percent was recorded across 1,116 auctions.
The North Sydney and Hornsby region recorded the strongest clearance rate of 90 percent, while also recording the highest volume of auctions of all the regions with 149 offerings.
Next weekend the Sydney market will host its peak spring Super Saturday of auctions with more than 950 homes due to go under the hammer, according to Domain.
There were 2,950 auctions held across the combined capital cities, with only a small increase over the 2,897 reported capital city auctions last week.
The number of auctions are tracking at the highest level since March.
"There has been no indication that clearance rates are starting to ease as we approach summer," said CoreLogic's Kevin Brogan.
"However, when compared to last year, auction volumes continue to track lower with vendors still seemingly reluctant to place their properties on the market despite such strong selling conditions.
"There were 3,166 auctions reported over the corresponding week last year, with a clearance rate of 59.5 percent, which is a substantially lower rate of clearance when compared to the higher rate that has remained consistent since July."
This week’s preliminary clearance rate remains healthy at 75.6 percent, decreasing only slightly over last week’s final clearance rate of 75.8 percent.
In Melbourne, a preliminary auction clearance rate of 79 percent was recorded across 1,299 auctions this week.
Last week, Melbourne’s final clearance rate was recorded at 76 percent across 1,329 auctions, while this time last year, 1,510 properties were taken to auction across Melbourne and a clearance rate of 67 percent was recorded.
Melbourne's top sale was a contemporary home at St Kilda.
<img src="/images/2016/11/21/Screen%20Shot%202016-11-21%20at%209.28.25%20AM.png" alt="">
The five bedroom 1880s home with modern extension at <a href="https://www.realestate.com.au/sold/property-house-vic-st+kilda-123935874" target="_blank">10 Charlotte Place</a> fetched $4.4 million.
The Essendon midfielder Dyson Heppell sold his Moonee Ponds house after its weekend auction.
It was his renovation project spent during his year banned from football.
A $2.65 million sale was secured for the 1910 house which the 24-year-old transformed while serving his AFL doping ban,
The property had been bought in September 2015 for $1.74 million with Heppell naming it Albertus after his grandfather..
The selling agent Rebecca Towns of Brad Teal had been quoting $2.5 million to $2.65 million for the four-bedroom home.
The preliminary clearance rate in Brisbane this week was 47 percent, down from 53 percent over the previous week. Auction volumes were higher this week with 260 auctions held, up from 196 last week.
Brisbane had the nation's cheapest sale over the week at Beenleigh when a <a href="https://www.realestate.com.au/property-townhouse-qld-beenleigh-123832474" target="_blank">three bedroom townhouse fetched $230,000</a>. 
<img src="/images/2016/11/21/Screen%20Shot%202016-11-21%20at%209.29.39%20AM.png" alt="" width="502" height="348">
It was a mortgagee sale.
It last sold at $112,000 in 2002.
A total of 135 Adelaide homes were auctioned this week and the preliminary auction clearance rate of 68 percent is just higher than the 67 percent from the previous week across 133 auctions.
It was higher than the equivalent week last year, when 64 percent of auctions were successful.
In Perth, 72 auctions took place this week, with 35 results reported so far. Perth’s preliminary clearance rate of 48.6 percent across these 35 results is higher than both last week’s result (37.5 percent) and the clearance rate from one year ago (31.3 percent).
Canberra’s preliminary auction clearance rate of 71 per cent this week is lower than last week, when the final auction clearance rate was 76 percent and higher than the 61 percent recorded last year. 
</body></html>

Weekend Auctions

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Weekend Auctions

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News