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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Capital city auctions saw a national success rate hovering around 78 per cent. 
Canberra recorded the highest clearance rate this weekend with 90 per cent, while Sydney sat at 80 per cent.
Melbourne was the busiest auction market with just over 700 auctions, according to CoreLogic. Sydney was the second busiest capital with 578 offerings.
Of the 386 Sydney results captured, 304 homes sold.
In Melbourne, 586 results were captured and 464 homes sold.
<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/2020/2/17/CoreLogic%20Feb%2017.jpg" alt="">
Sydney had the most expensive sale among the capitals when <a href="https://www.realestate.com.au/property/74-cascade-st-paddington-nsw-2021">74 Cascade, St. Paddington</a> sold through Phillips Pantzer Donnelley prior to auction for $4,675,000.
It was architecturally designed by Noekdesign and newly rebuilt by Huntsman Constructions. 
<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/2020/2/1_Paddington.jpg" alt="" style="caret-color: #000000; color: #000000;">
The former three-bedroom, two-bathroom house had previously sold for $2.3 million. 
<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/2020/2/1_Paddington_2.jpg" alt="">
The 183 sqm block has been transformed into a luxury home with aged brass finishes, and Venetian plaster walls.  
There was also $4,510,000 pre-auction ocean-view sale at <a href="https://www.realestate.com.au/sold/property-house-nsw-clontarf-132769278" target="_blank">10 Peronne Avenue, Clontarf </a>through Stone Estate Agents. 
<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/2020/2/1_Oceanview.jpg" alt="" style="caret-color: #000000; color: #000000;">
The four-bedroom, two-bathroom house was previously sold for $3,120,000 in 2009.
A six-bedroom, three-bathroom house at <a href="https://www.realestate.com.au/property-house-nsw-strathfield-132617658" target="_blank">25 South Street, Strathfield</a> sold at auction for $4,420,000 through Richard Matthews. 
Sydney's most affordable auction was at <a href="https://www.realestate.com.au/property/unit-10-39-bathurst-st-liverpool-nsw-2170?pid=p4ep-pdp%7Csold-pdp:property-history-cta#timeline" target="_blank">10/39 Bathurst, St. Liverpool</a> which sold for $340,000 through RW Parramatta. 
Domain reported the highest residential sale in Melbourne was a four-bedroom, two-bathroom house at <a href="https://www.realestate.com.au/property/50-chaucer-st-st-kilda-vic-3182" target="_blank">50 Chaucer Street, St Kilda</a>. 
The 399 sqm holding sold through Belle Property for $3,710,000. 
There had been a $2.7 million to $2.9 million price guide, with an opening bid of $3 million from the first of three bidders
<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/2020/2/1_MEL.jpg" alt="">
Melbourne's cheapest auction sale at <a href="https://www.realestate.com.au/property-apartment-vic-richmond-132818338" target="_blank">8/182 Coppin, St. Richmond</a> sold through Biggin &amp; Scott Richmond for $290,500. 
The one-bedroom, one-bathroom apartment price guide had been between $265,000 and $290,000.
Brisbane's priciest listing at <a href="https://www.realestate.com.au/property-house-qld-highgate+hill-132566870">19 Rosebery Street, Highgate Hill</a> did not sell.
Brisbane's highest sale was <a href="https://www.realestate.com.au/property-house-qld-new+farm-132599094" target="_blank">12 Clay Street. New Farm</a> which sold through Ray White at $1,895,000.
Built in 1890, it last sold for 1,030,000 in 2014.
<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/2020/2/1_Bris.jpg" alt="">
The five-bedroom, three-bathroom house is situated on 298 sqm of land.
Brisbane's most affordable house sale at <a href="https://www.realestate.com.au/property/45-grice-cres-ningi-qld-4511" target="_blank">45 Grice Crescent, Ningi</a> sold for $370,000 through Raine &amp; Horne.
The three-bedroom, two-bathroom house sold at a loss with its last sale in 2013 for $413,900.
The shock sale of the weekend was when the garage at <a href="https://www.realestate.com.au/property-residential+land-vic-albert+park-202587130" target="_blank">32 Little Graham Street</a>, Albert Park, belonging to a retired plumber, Frank Davis, fetched $645,500. 
It sold through Greg Hocking, whose price guide had been $365,000 to $400,000. 
The 90-year-old  paid $8000 for the property in 1984 for <a href="https://www.realestate.com.au/news/albert-park-garage-sells-for-645500-at-hot-auction/" target="_blank">"storing my plumbing gear"</a>. 
<img src="https://www.urban.com.au/images/2020/2/1_Garage.jpeg" alt="">
Some seven bidders battled for the 46 sqm real estate among a 100-plus crowd.
The buyers, Lola and Brenton Smith of Templestowe Lower, secured the property. 
Canberra's auction volume was down. 
However, Canberra recorded the strongest clearance rate of 90 per cent. 
The most expensive sale was <a href="https://www.realestate.com.au/property/6-welsh-pl-chifley-act-2606" target="_blank">6 Welsh Place, Chifley</a>, a four-bedroom, two-bathroom house which fetched $1,135,000 through McGrath Woden. 
It was last sold for $235,000 in 2002. 
<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/2020/2/1_CANBERRA.jpg" alt="">
Canberra's most affordable auction sale was a three-bedroom, one-bedroom house at <a href="https://www.realestate.com.au/property-house-act-holt-132845330" target="_blank">16 Sellwood Street, Holt</a>.
Built around 1975, the 104 sqm residence sold for $496,000 through Luton Properties.
There were 14 registered bidders at an auction in Canberra for a large home at <a href="https://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39R+6hBQZ7yXMt0Z3VIjNMZG/82IddyOwvlx0uwzb2nnICtXdeXxuax8&amp;rh=ff005a1eb05551cdee63205ebf489cee80dc7e19" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">16 Bussell Crescent, Cook</a> which sold for $1.3 million to a local family.  
Ray White agent Troy Reddick noted the average number of bidders was rising "so we’re expecting to have a strong year.” 
Adelaide had the cheapest sale among the capitals with <a href="https://www.realestate.com.au/property-house-sa-davoren+park-132767686" target="_blank">12 Walpole Street, Davoren Park</a> through Harcourts.
The 720 sqm land parcel sold at a loss for $117,000 at its mortgagee auction.
The three-bedroom, one-bathroom property last sold for $127,000 in 2005. 
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There were 1,555 homes taken to auction across the combined capital cities this week.
It was 1,167 auctions were held last week, returning a revised clearance rate of 67 per cent, according to CoreLogic.
Over the same week last year, auction volumes were slightly lower with 1,450 homes going under the hammer across the combined capital cities, returning a final auction clearance rate of just 51 per cent.
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j.ballantyne1990-6AQqhLzZaK

Sydney clears 80 per cent of real estate at weekend auction, Melbourne 79 per cent

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The last big auction weekend before Christmas saw continued strong listing and buying activity across Melbourne.
Some 1,394 Melbourne homes were taken to auction, returning a preliminary clearance rate of 73 percent.
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The top sale was <a href="https://www.marshallwhite.com.au/property/3a-st-martins-close-kooyong-857637/" target="_blank">3A St Martins Close, Kooyong</a> (pictured main) which fetched $2.99 million, with six registered parties.
The contemporary four bedroom, three bathroom home sold through Marshall White whose price guide had been $2.1 million to $2.3 million.
It was built two years ago on its 509 sqm block.
Melbourne's cheapest sale was $175,000 when the studio apartment at <a href="https://www.edwardthomas.com.au/listings/residential_sale-2086708-flemington/" target="_blank">32/22-28 Canterbury Street, Flemington</a> (below) was sold.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/12/16/3222-28%20Canterbury%20Street%20Flemington.jpg" alt="">
It had been listed with $170,000 to $180,000 having sold earlier this year at $172,000.
Edward Thomas selling agent Evie Glentzes said the top floor apartment had been recently "refreshed."
It had been a $230 a week rental.
Over the previous week, a higher 1,520 homes were taken to auction across Melbourne, returning a 73 percent final clearance rate, according to CoreLogic.
Over the same week last year, a much lower clearance rate of 44 percent was recorded across 1,173 auctions.
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There were 846 homes taken to auction across Sydney this week, down on the week prior when 976 auctions were held.
Preliminary results show a clearance rate of 73 percent, which was around last week’s final result.
One year ago, 723 auctions were held across Sydney returning a final clearance rate of only 38 percent.
The top sale in Sydney was at Dural when <a href="https://lumbyhampson.com.au/buy/real-estate/1425181/7-wyoming-road-dural-nsw-2158" target="_blank">the Duralong acreage estate</a> (below) fetched $5.08 million with four registered bidders.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/12/16/Duralong.jpg" alt="">
The two hectare holding with five bedroom, five bathroom home is set within manicured gardens with inground saltwater pool and championship size tennis court .
The 7 Wyoming Road home sold through Kate Lumby and Will Hampson having last sold six years ago for $3.025 million.
The weekend listings were much higher than anticipated, the boss of SQM Research Louis Christopher noted for what, effectively, was the last auction weekend of 2019.
"It has been an eventful one for the housing markets," he noted, saying a "V shaped recovery" came with the bottom of the market occurring immediately after the May election.
Both Sydney and Melbourne saw strong" finishes to the year, the chief economist at AMP Capital Shane Oliver said. 
Melbourne has around 240 scheduled auctions for next Saturday December 21, with 120 offerings in Sydney, according to Domain, although many agents will seek to find a buyer ahead of auction, or withdraw the property from auction if buyer interest is not sufficient.
The final week of auction reporting for the year saw the national combined capital city clearance rate drop just below 70 per cent, with the CoreLogic head of research Tim Lawless advising volumes were seeing their usual seasonal taper.
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There were 2,750 homes taken to auction across the combined capital cities this week, with volumes down by 5.6 percent on last week’s 2,912 auctions.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/12/16/Cap%20Dec%2016.jpg" alt="">
Preliminary results show a clearance rate of 69 percent, after last week’s final clearance rate of 71.1%.
One year ago, 2,406 auctions were held across the combined capitals, with only 40 percent returning a successful result.
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The smaller capital cities returned varied results, with Adelaide coming in with the highest preliminary clearance rate of 60 percent, while only 34 percent of Perth homes sold at auction.
There was a 45 percent success rate in Brisbane. It was 57 percent in Canberra.
The nation's cheapest sale was $126,000 when LJ Hooker sold a one bedroom unit at <a href="https://queanbeyan.ljhooker.com.au/unit-in-queanbeyan-nsw-2620-au-1czhfan?search=%2fsearch%2fproperty-for-sale%2fpage-1%3ffilter%3dauctionsonly#.XfWaii2B18c" target="_blank">31/22 Mowatt Street, Queanbeyan East</a>.
The 33 sqm space had last been up for rent at $190 a week three years ago.
"Auction activity won't pick up in earnest until February," Lawless said.
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jchancellor-FAypfDUnLy

Auction result strength continues in last big weekend before Christmas

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There were 2,837 homes taken to auction across the combined capital cities last week, returning a preliminary auction clearance rate of 74.5 per cent.
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The second busiest auction week of the year returned a preliminary clearance rate of 74.5 per cent across the capital cities
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The previous week had been the busiest auction week of the year, with 3,206 auctions were held and the final clearance rate of 73.6 per cent. 
Over the same week in December 2018, auction volumes were lower with 2,631 homes going under the hammer across the combined capital cities, returning a final auction clearance rate of just 41 per cent.
"Auction markets have been tested on higher volumes over the past few weeks, with the highest number of auctions held so far this year," Tim Lawless at CoreLogic said.
"Despite higher supply levels, clearance rates have held above 70% across the largest markets, demonstrating the market has some depth and sellers remain in a strong position."
Sydney had the highest success rate with the top sale being $6.5 million in Nortbridge (pictured top).
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There were 936 auctions held in Sydney this week, returning a preliminary clearance rate of 78 percent.
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It was down on the 1,221 auctions held over the previous week when the final auction clearance rate was 78 percent.
One year ago, 870 auctions were held and the clearance rate came in at 41 per cent.
The <a href="https://www.propertyobserver.com.au/https://northbridge-castlecrag.randw.com.au/residential-for-sale/0000422273" target="_blank">3 Woonona Rd, Northbridge top sale</a> was a five bedroom contemporary home overlooking the Northbridge Golf Club and Middle Harbour.
It sold for $1.2 million above the reservenwith bidding from two of the five registered parties.
Every Sydney sub-region with at least ten sales returned a clearance rate higher than 60 percent, with ten sub-regions returning a clearance rate over 70 percent, and  five regions reporting a clearance rate over 80 percent. 
The city and inner best’ region had the highest preliminary clearance rate, at 86 percent across 60 results, followed by Blacktown at 85 percent across 28 results and North Sydney-Hornsby returning a preliminary clearance rate of 85 percent from 100 results.  
Baulkham Hills and Hawkesbury returned the lowest preliminary clearance rate of any sub-region with more than 10 results at 64.3% from 28 results.
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In Melbourne, a preliminary auction clearance rate of 75 per cent was recorded across 1,491 auctions this week, while last week there were 1,533 auctions returning a final clearance rate of 74 per cent. One year ago, the clearance rate was just 43 per cent across 1,283 auctions.
A $4.52 million sale at <a href="https://www.propertyobserver.com.au/https://www.jelliscraig.com.au/property-details-29-Ryeburne-Avenue-Hawthorn-East-3123/853797" target="_blank">29 Ryeburne Avenue, Hawthorn East</a> (below) was Melbourne's top sale through Jellis Craig.
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Killara, a five bedroom home had last sold at $2.75 million in 2012.
It's price guidance had been $4 million to $4.4 million.
Two empty shell apartments in St Kilda’s former Gatwick hotel, not renovated as part of the 2018 season of Nine’s reality renovation TV show The Block, were sold post auction as one package.
<a href="https://theagency.com.au/21515/g01-34-fitzroy-street-st-kilda" target="_blank">The empty ground floor units</a> (below) listed through The Agency fetched $1,710,000 in post-auction negotiations, Domain reported.
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Melbourne has the nation's cheapest sale when $172,000 was paid for <a href="https://fletchers.net.au/25388/104-224-226-burwood-highway-burwood" target="_blank">104/224-226 Burwood Hwy, Burwood</a> opposite Deakin University.
The one bedroom unit was currently rented at $330 p/w, according to Fletchers, who had given $150,000 to $165,000 price guidance.
Its asking rent five years ago was $310,000.
Across the smaller auction markets, Canberra saw a 74 percent success rate.
Adelaide had the highest volume of auctions with 146 homes going under the hammer, returning a preliminary clearance rate of 61.8 per cent.
Brisbane saw one of its strongest success rate this spring at 64 percent.
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Kedron saw a record price paid when Ray White sold <a href="https://www.raywhite.com/qld/kedron/2212567/?lang=en" target="_blank">47 Thirteenth Avenue</a> for $1,720,000, beating the previous record by around $50,000.
After over 150 groups through during the opens the new five bedroom home sold to a couple from Sydney. 
The building blok cost $749,000 earlier this year.
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<td id="x_rpMostExpensive_tdMostExpensiveCity_0" align="left">Sydney</td>
<td id="x_rpMostExpensive_tdMostExpensiveLocation_0" colspan="2">3 Woonona Rd, Northbridge NSW 2063, 5 br House, R&amp;W Northbridge</td>
<td id="x_rpMostExpensive_tdMostExpensiveSold_0">$6,500,000</td>
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<td id="x_rpMostExpensive_tdMostExpensiveCity_1" align="left">Melbourne</td>
<td id="x_rpMostExpensive_tdMostExpensiveLocation_1" colspan="2">29 Ryeburne Av, Hawthorn East VIC 3123, 4 br House, Jellis Craig Projects | Barenya Court, Kew</td>
<td id="x_rpMostExpensive_tdMostExpensiveSold_1">$4,520,000</td>
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<td id="x_rpMostExpensive_tdMostExpensiveCity_2" align="left">Adelaide</td>
<td id="x_rpMostExpensive_tdMostExpensiveLocation_2" colspan="2">4 McLaughlan Av, North Brighton SA 5048, 4 br House, HAR Tagni</td>
<td id="x_rpMostExpensive_tdMostExpensiveSold_2">$1,185,000</td>
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<td id="x_rpMostExpensive_tdMostExpensiveCity_3" align="left">Brisbane</td>
<td id="x_rpMostExpensive_tdMostExpensiveLocation_3" colspan="2">49 Riverview Pl, Yeronga QLD 4104, 5 br House, Dixon Family Estate Agents</td>
<td id="x_rpMostExpensive_tdMostExpensiveSold_3">$1,855,000</td>
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<td id="x_rpMostExpensive_tdMostExpensiveCity_4" align="left">Canberra</td>
<td id="x_rpMostExpensive_tdMostExpensiveLocation_4" colspan="2">43 Bainton Cr, Melba ACT 2615, 5 br House, Peter Blackshaw Real Estate Belconn</td>
<td id="x_rpMostExpensive_tdMostExpensiveSold_4">$1,475,000</td>
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<td id="x_rpMostAffordable_tdMostAffordableCity_0" align="left">Sydney</td>
<td id="x_rpMostAffordable_tdMostAffordableLocation_0" colspan="2">3/46 McCourt St, Wiley Park NSW 2195, 1 br Unit, Prof Punchbowl</td>
<td id="x_rpMostAffordable_tdMostAffordableSold_0">$273,100</td>
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<td id="x_rpMostAffordable_tdMostAffordableCity_1" align="left">Melbourne</td>
<td id="x_rpMostAffordable_tdMostAffordableLocation_1" colspan="2">104/224-226 Burwood Hwy, Burwood VIC 3125, 1 br Unit, Fletchers Waverley</td>
<td id="x_rpMostAffordable_tdMostAffordableSold_1">$172,000</td>
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<td id="x_rpMostAffordable_tdMostAffordableCity_2" align="left">Adelaide</td>
<td id="x_rpMostAffordable_tdMostAffordableLocation_2" colspan="2">99 Victoria Rd, Birkenhead SA 5015, 3 br House, RW Norwood</td>
<td id="x_rpMostAffordable_tdMostAffordableSold_2">$230,000</td>
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<td id="x_rpMostAffordable_tdMostAffordableCity_3" align="left">Brisbane</td>
<td id="x_rpMostAffordable_tdMostAffordableLocation_3" colspan="2">3/36 Soudan St, Toowong QLD 4066, 2 br Unit, Professionals - Toowong</td>
<td id="x_rpMostAffordable_tdMostAffordableSold_3">$425,500</td>
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<td id="x_rpMostAffordable_tdMostAffordableCity_4" align="left">Canberra</td>
<td id="x_rpMostAffordable_tdMostAffordableLocation_4" colspan="2">38 Tregellas Cr, Banks ACT 2906, 4 br House, McIntyre Property</td>
<td id="x_rpMostAffordable_tdMostAffordableSold_4">$515,000</td>
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Source Domain
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Second busiest auction week saw 70% plus success rate

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Melbourne recorded its lowest non-holiday weekend auction result in nearly four months on Saturday although the market remains generally in favour of sellers, according to the housing economist Dr Andrew Wilson said.
But Dr Wilson noted the typical surge in late spring auction listings had failed to slow down the Sydney auction market.
Westpac described the Sydney market as showing "a strong finish to November" while Melbourne was "more subdued but still robust." 
CoreLogic auction analyst Kevin Brogan said clearance rates across the largest cities have mostly remained above 70 percent since July, implying that vendors remain in a strong selling position, he said. 
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"Next week we are expecting auction numbers to lift by around 14 percent, to be the biggest week of auctions held so far this year," Kevin Brogan said.
Despite the emerging difference in market sentiment, there was just $5000 difference between the cheapest offerings in Sydney and Melbourne.
There was a $305,000 sale at Essendon when <a href="https://www.nelsonalexander.com.au/property/845721/11-158-napier-street/" target="_blank">11/158 Napier Street</a> (below) was sold.
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The renovated one bedroom ground floor unit sold through Nelson Alexander Essendon had a price guide of $285,000 to $310,000.
It had sold at $280,000 in 2015.
A 73 sqm unit at Auburn was Sydney's cheapest sale at $310,000.
The two bedroom at <a href="https://www.realestate.com.au/property-apartment-nsw-auburn-132322722" target="_blank">2/66 Dartbrook Road</a> (below), was on the market for the first time since selling in 1987 at $48,000 according to CoreLogic.
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The garden apartment, that sold through Ascott Real Estate, sits in a block of just 12.
Across the nation, there were 2,599 homes taken to auction across the combined capital cities this week, returning a preliminary auction clearance rate of 72.9 per cent.
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Last week, 2,590 auctions were held when the final clearance rate came in at 70.1 per cent. 
Over the same week last year, auction volumes were slightly higher with 2,701 homes going under the hammer across the combined capital cities, returning a final auction clearance rate of just 41.9 per cent.
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Melbourne's top sale was a period home that fetched $3.85 million in Brighton.
The <a href="https://buxton.com.au/property/141485/41-drake-street-brighton-vic-3186/" target="_blank">41 Drake Street home</a> (below) sold through Buxton had four bedrooms plus study on 778sqm between the Golden Mile foreshore and village shops.
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It came with open fireplaces and a leadlight entry. 
It last sold at $2,725,000 in 2008 and in 2006 at $1.94 million.
Agents has offered a $3.5 million pre-auction price guidance.
In Melbourne, a preliminary auction clearance rate of 73.2 per cent was recorded across 1,217 auctions on the weekend, while last week there were 1,242 auctions returning a final clearance rate of 74.3 per cent, according to CoreLogic. 
One year ago, the clearance rate was just 41.4 per cent across 1,132 auctions.
There were 934 auctions held in Sydney this week, returning a preliminary clearance rate of 82.3 per cent. 
By comparison, there were 947 auctions held over the previous week and the final auction clearance rate was 71.9 per cent. 
One year ago, 1,035 auctions were held and the clearance rate came in at 44.8 per cent.
Sydney's top sale was in Mosman when Raine &amp; Horne agents secured $4.7 million for the four bedroom aparment. The 2/47 Bradleys Head Road apartment had sold at $3.01 million in 2011.
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Across the smaller auction markets, Brisbane had the highest volume of auctions with 184 homes going under the hammer, returning a preliminary clearance rate of 46.4 per cent.
The Brisbane results included a $4.1 million sale through Ray White <a href="https://www.raywhite.com/qld/clayfield/1902150/?lang=en" target="_blank">at 100 Oriel Road, Clayfield </a>where four registered bidders sought the four bedroom, three bathroom home on a 2000sqm estate (below).
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The action commenced with a bid of $3 million and rose to $3.95 million when it was called on the market.
The buyers are a local family planning to renovate the house.
"Buyers are no longer waiting and there’s signs of people jumping in or risking FOMO (fear of missing out),” selling agent Damon Warat said.
The price was less than its sale last year at $4.3 million.
The Ray White group also sold the home of its joint chairman Paul White in Clayfield.
It sold under the hammer for $3.425 million with four registered bidders. 
The 1930s style home called ​Arlington at <a href="https://www.propertyobserver.com.au/https://raywhiteascot.com.au/properties/residential-for-sale/qld/clayfield-4011/house/2202712" target="_blank">129 Adelaide St East​</a> was listed by Mr White and his partner Lynne Porcsin who have owned the four bedroom classic single story home on one of Brisbane’s best streets since paying $3,025 million in 2014.
 
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Melbourne records lowest non-holiday weekend auction result in nearly four months

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Sydney and Melbourne weekend auction clearance rates both sat at 77 percent this week.
Melbourne saw 1,241 homes taken to auction, the second busiest auction tally this year. 
It was quieter that last year's 1,400 offerings when the success rate was just 41 percent.
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Sydney had 932 homes taken to auction, up slightly on the same time last year when 875 auctions were held returning a final clearance rate of 42 per cent, according to CoreLogic.
There were "robust results for sellers generally despite the typical late spring rise in listings," Dr Andrew Wilson at My Housing Market advised.
"Buyer and now seller confidence has clearly regenerated this spring with results continuing to track well above those recorded a year ago.
"Latest economic news however remains underwhelming with the jobless rate rising, employment falling and wages growth declining – all likely to contribute to another cut in interest rates which will certainly help to keep housing markets ticking over," Dr Wilson suggested.<a id="mlk-60" class="text text-link" href="https://blackshaw.com.au/staff-profiles/1024-mario-sanfrancesco" target="_self"> </a>
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The highest confirmed weekend residential sale was in Sydney's Maroubra for $7 million (pictured above and below).
The Phillips Pantzer Donnelley offering, known as North End, had $6.5 million price guidance.
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The 1950s home was being offered for the first time in five decades. Five of the six bidders were developers, one of whom secured the 544 sqm site.
There was also a $6.05 million sale in Strathfield marketed through Joseph Georges at Georges Ellis &amp; Co.
With some 660 sqm of living space, the luxury five bedroom, five bathroom Barker Road home on an 1889 sqm block was listed after 18 years ownership. 
Melbourne's top sale was a development site in Brighton at $4.05 million (below).
The 768 sqm site, 1&amp;3 Collins Street, had been listed with $3.5 million to $3.85 million price hopes through Campbell Cooney at Hodges.
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It came with two brick veneer homes plus duplex development approval.
The next dearest home was the five bedroom offering at 14 Neath Street, Surrey Hills for $3,843,000, some $543,000 above reserve.
A West Footscray unit sold for $216,000 was Melbourne's cheapest auction outcome, after being listed with a $190,000 to $209,000 price guide.
The ground-floor Rupert Street apartment came with one bedroom and bathroom, plus off-street parking. 
Located just 10km from the CBD, the 1970s-built home last traded in 2005 for $112,000.
West Footscray's median unit price is $455,000.
Deon Dardha, from Hockingstuart Yarraville, sold the property. 
There were 2,571 homes taken to auction across the combined capital cities last week, up from 2,412 over the previous week making it the second busiest auction week of the year.
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The national preliminary result showed a clearance rate of 74 per cent, compared to last week’s final clearance rate of 70 per cent.
"One year ago, 2,745 auctions were held across the combined capitals, with only 42 percent returning a successful result," CoreLogic auction analyst Kevin Brogan said.
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Across the smaller auction markets, Brisbane, Canberra and Perth saw fewer homes taken to auction week-on-week.
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Canberra saw a $3,675,000 sale in Yarralumla.
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The five bedroom house at 8 Hunter St (below) was sold through Mario Sanfrancesco at the Peter Blackshaw agency.
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Their marketing said the 2,829 sqm block with native gardens came with court and pool. 
It had last sold at $605,000 in 1997.
An $80,000 sale was the weekend's cheapest sale which came at an Adelaide auction.
It was a fire damaged property at Elizabeth North.
The 44 Charford St, Elizabeth North offering was listed under instructions from The City of Playford.
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Regional Victoria saw a converted World War II bunker at Yelta sell for $250,000.
Built in 1941 by the Royal Australian Air Force to store fuel for its nearby Mildura base, it closed in 1945.
Located close to the Murray River, it was converted into a four-bedroom house by vendor Stephen Gooding.
The Herald Sun reported the young buyers plan to renovate the bunker’s top floor as it is still a shell.
The bunker, set on 5000 sqm, was listed with a $260,000 to $280,000 price guide through Professionals Mildura agent Tony Graham.
The buyers were from nearby Merbein. 
 
 
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Development sites top Sydney and Melbourne's strong weekend auctions

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Sydney’s top weekend result was on the lower North Shore at Cremorne where $7.32 million was paid for a four bedroom contemporary home.
Set just above Primrose Park, its vendors Cate and Torod Holst had commissioned Goran Stojanovic of X.PACE Design Group to build the home in 2013.
With filtered views of Willoughby Bay, it sold through Di Jones Lower North Shore who had given a $6 million guide.
The five-bedroom home at <a href="https://www.dijones.com.au/property/house-nsw-cremorne-8p10047/" target="_blank">118 Young St, Cremorne</a> (above) sold $770,000 above reserve to a Chinese-Australian family who postponed a flight to China to be at the auction.
The weekend focus was on the Sydney market with Melbourne's spring racing carnival cutting the volume of auction listings.
Sydney achieved a preliminary clearance rate of 79 per cent across 832 auctions listed, according to CoreLogic figures.
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On Saturday there were 672 auctions with 510 results and 404 being sold, with the ensuing 79 percent success rate, the first time below 80 percent since late September.
However the boss of research at SQM Louis Christopher said the fact that the clearance rate hadn't fallen far in a seasonal trend meant Sydney could see dwelling prices match their peak of two years ago by the middle of 2020.
The prediction to the Australian Financial Review was based on clearance rates in the late spring selling season typically falling to the low 60 per cent or high 50 per cent range by November, according to Mr Christopher. In the downturn last year they had fallen into the 40 per cent range.
"This indicates that the market is still strong in Sydney and prices were still rising," Mr Christopher said.
CoreLogic noted the weekend saw 41 percent fewer homes taken to auction across the combined capital cities with the auction activity significantly lower across Melbourne amid the Spring Racing Carnival. 
There were 1,535 capital city homes auctioned, lower than the 2,622 last week and similar to the 1,541 auctions held over the same week one year ago. 
The lower week-on-week activity returned a preliminary auction clearance rate of 73 percent which was lower than last week’s preliminary figure of 75 percent across the higher volumes, which later revised down to 72 percent at final figures.
The dearest house sale in Melbourne was $1.876 million was paid for <a href="https://buxton.com.au/property/139994/39-ray-drive-balwyn-north-vic-3104/" target="_blank">39 Ray Drive Balwyn North</a> (below), according to the REIV.
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The marketing by Buxton stressed the four bedroom, two bathroom house was in the school zone.
The price guidance had been $1.4 million to $1.5 million.
There was also a 1470 sqm development site at <a href="https://www.llcre.com.au/listing/21310516-6-8-lisbon-street-glen-waverley-vic-3150/" target="_blank">6-8 Lisbon Street, Glen Waverley</a> which fetched $4.98 million.
It was mid-range on the estimate of $4.8 million to $5.2 million given pre-auction by Andy Lou at LLC Real Estate.
There had been a $4.3 million opening bid.
It is likely to become a family home.
Ray White Craigieburn agent Daniel Diamantopoulos sold <a href="https://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39R+6hBQZ7yXMt0Z3VIjNMZGbNY6Z1VkwENXL7gb+DHwWVHGvJAygAogt0PKDf9ueSc=&amp;rh=ff00547abe318663c9132e332043927de369f945" target="_blank" rel="noopener noreferrer">14 Medway Rd, Craigieburn</a> (below) for $560,000 with four active bidders pushing the price to $40,000 over reserve.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/11/4/14%20Medway%20Road%20Craigieburn.jpg" alt="">
The vendors has been in the home for 45 years.
"It was also great to see a first home buyer out-muscle a builder and a developer," Diamantopoulos said.
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There were 254 Melbourne homes taken to auction.
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The lower volume saw the preliminary clearance rate fall, with 73 percent of homes selling after last week’s final auction clearance rate of 75 percent.
Across the smaller auction markets, Canberra was the best performing with a 74 percent  success rate as volumes doubled across the city. 
Adelaide followed with 64 percent of auctions returning a successful result.
The nation's cheapest sale was in Adelaide.
It was a $180,000 sale of a three bedroom house at Elizabeth Downs.
It represented a loss on its last sale in 2009 at $229,000.
The vacated <a href="https://www.propertyobserver.com.au/https://raywhitecraigmore.com.au/properties/residential-for-sale/sa/elizabeth-downs-5113/house/2198231" target="_blank">20 St Leonard Cr, Elizabeth Downs</a> offering was under mortgagee instructions.
"It is in need of fresh paint, up-grading and T.L.C so bring your paint brush, overalls and new ideas," the Ray White agent Dominic Cirillo said.
He also suggested it was an opportunity for property developers, looking to sub-divide &amp; build two or three new dwellings on the 880 sqm holding.
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Sydney not slowing down, prices could match peak by 2020: SQM's Louis Christopher

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Saturday was Melbourne’s biggest auction day of the year so far, with some 1500 properties put under the hammer in a test of the housing market’s recent recovery.
The 77 percent success rate was a strong result.
"The Melbourne auction market passed its biggest test with flying colours despite the flood of listings," the housing economist Dr Andrew Wilson from My Housing Market said. 
"Vendors are now moving back into the Melbourne market keen to take advantage of strong selling conditions with rising prices," he said.
Melbourne's top notified result was $5.425 million in Kew. It was a resort style house at 3-5 Remington Avenue (pictured top) which was sought by just the two bidders.
Set over two titles, the six bedroom, four bathroom home featured salt-water pool, floodlit north-south tennis court and self-contained club-house.
It had views to the north and east.
There was higher bidder at a Toorak offering which was passed in at $6.4 million vendor bid.
And also whispers of an $8.18 million sale in Hawthorn.
The <a href="https://kayburton.com.au/real-estate/other-25-kooyongkoot-road-hawthorn-vic-3122-647827" target="_blank">four bedroom 1887 Kooyongkoot Road home</a> (below) on its 1254 sqm Scotch Hill holding had last sold at $377,000 in 1985. 
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A $170,000 sale was the nation's and Melbourne's cheapest at 13/11-13 Cooma Street, Preston.
The studio apartment had been listed with a $165,000 to $180,000 price guide.
The top sale across the nation was in Sydney when a $10.1 million bid secured a <a href="http://sydneysothebysrealty.com/7643227/111-Victoria-Road-Bellevue-Hill" target="_blank">historic Bellevue Hill home, Cliff Hall</a> (below).
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The home attracted seven registered bidders for the 1916 home that sold through Peter Starr at Raine &amp; Horne in conjunction with Sotheby’s agent Harriet France.
There were five bidders following the $7m opening offer.
Cliff Hall on Victoria Road with views of both the harbour and ocean was last sold in $770,000 in 1983.  
The next priciest Sydney weekend sale was in Hunters Hill where $5.5 million was paid for a five bedroom 1885 sandstone house (below).
The <a href="https://www.bresicwhitney.com.au/buy/58-mary-street-hunters-hill-22521" target="_blank">58 Mary Street</a> offering through BresicWhitney went to a young couple from Sydney's east.
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BresicWhitney agent Nicholas McEvoy said there were four registered bidders, with the final two couples both coming from Sydney's east after bidding opened at $5 million.
The downsizing vendors had paid $920,000 in 1995.
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There were 2,610 homes taken to auction across the combined capital cities with volumes up 33 per cent on prior week, according to CoreLogic.
It was the busiest week for auctions since early December 2018, CoreLogic auction analyst Kevin Brogan said.
The higher activity returned a preliminary auction clearance rate of 75.3 per cent, which was only slightly lower than the prior week’s preliminary figure of 75.6 per cent which later revised down to 72.1 per cent at final figures. 
"Compared to one year ago, volumes are lower than the 2,928 auctions held over the same week last year when a much lower 47 per cent cleared," Brogan noted.
The higher volumes can be mostly attributed to the surge in activity across Melbourne, in the the pre-Derby Day-Melbourne Cup horse racing carnival. 
There were 1,528 Melbourne homes taken to auction with volumes reaching their highest levels since this time last year when there was a higher 1,701.
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The preliminary Melbourne auction clearance rate maintained strength against the higher volumes, returning a 77 per cent success rate, up on last week’s 73 per cent across a lower 915auctions.
Sydney recorded a preliminary clearance rate of 79 per cent across 761 auctions this week, after last week’s final clearance rate of 79 percent which was the strongest final result the city has seen since early 2017. 
"One year ago, 798 auctions were held across Sydney returning a final clearance rate of 45 per cent," Brogan noted.
Results were varied across the smaller auction markets last week, Adelaide returned the strongest preliminary clearance rate of 68 per cent, across a higher volume of auctions week- on-week. 
Adelaide sales included <a href="http://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39R+6hBQZ7yXMt0Z3VIjNMZGsigxs0BQCYx2y6kOlxyHgZXRv6E+djZb&amp;rh=ff00540aefef02aaf70bf76cd0479e833a67d3b0" target="_blank" rel="noopener noreferrer">57 Victoria Street</a>, Queenstown which came with a granny flat (below).
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/10/28/57%20Victoria%20Street%20Queenstown.jpg" alt="">
"There's no way this property would have drawn so many people, or achieved this price without the separate accomodation," said Ray White Woodville agent Peter Kiritsis.
The auction attracted "a good sized Adelaide crowd of 35' with three bidders taking the sale price to $555,000 for the 1970s three bedroom brick house.
Brisbane and Perth saw less than 50 per cent of homes successful at auction.
Brisbane saw a $1.9 million top sale at Balmoral.
The five bedroom 45 Olive Grove contemporary house was sold by Ray White agent Brandon Wortley who announced it on the market at $1.85 million.
There had been four registered bidders.
The land had cost $675,000 in 2016.
Its  investor landlords put it up for rent at $1800 a week in 2017 when they sought to find buyers at $2.1 million plus.
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$10.1 million Bellevue Hill sale tops weekend auctions

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Melbourne had the nation's top auction sale when $6.3 million was paid in South Yarra.
The home at <a href="https://www.marshallwhite.com.au/property/104-caroline-street-south-yarra-835386/" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">104 Caroline Street</a> (pictured top) saw bidding commence with the Marshall White auctioneer Justin Long placing a $5 million vendor bid.
At $5.45 million it was declared on the market.
The fourth bidder only come in at $5.9 million, and fended off the opening bidder in the final straight. 
The initial price guidance had been $5 million to $5.5 million for the 1920s Georgian-style home that was marketed as "retaining its original charm."
There was higher bidding at a Kew offering, with city skyline views, which was passed in at $6.6 million on a vendor bid.
The <a href="https://www.marshallwhite.com.au/property/7-wrixon-street-kew-832451/" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">7 Wrixon Street</a> offering (below) is now for sale at $6,895,000 through Marshall White who had offered an initial $6.8 million to $7.2 million auction price guide.
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It was a five bedroom contemporary home of a deep 1565 sqm block with tennis court and pool.
Melbourne also had the cheapest sale around the capital cities too.
It was when the ground floor one bedroom apartment at <a href="https://www.nelsonalexander.com.au/property/834591/2-4-prince-street/" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">2/4 Prince Street, Essendon North</a> (below) sold for $215,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/10/21/24%20Prince%20Street%20Essendon%20North.jpg" alt="">
The Nelson Alexander price guidance had been $225,000 to $240,000. 
It sold at $72,500 in 1997.
There were 912 Melbourne homes taken to auction this week, according to CoreLogic, with a 75 per cent success rate, similar to the prior weekend's final auction clearance last week when volumes were slightly higher at 974 offerings.
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One year ago, 45 per cent of the 1,087 Melbourne homes taken to auction found buyers under the hammer.
Melbourne’s auction market was starting to moderate, the AMP chief economist Shane Oliver told Domain.
“Melbourne’s results look to have peaked in mid-September,” Dr Oliver said.
“More sales volumes could have weighed on them.”
Sydney returned a preliminary auction clearance rate of 84 per cent across a similar volume of auctions week-on-week.
There were 724 Sydney homes taken to auction.
The top sale was a pre-auction result in <a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/house/nsw/northern-suburbs/hunters-hill/420391" target="_blank">Hunters Hil</a><a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/house/nsw/northern-suburbs/hunters-hill/420391" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">l at $4,408,000</a> through McGrath to an inner west family.
The Toocooya Road home, TreMon (below) last sold at $2.2 million in 2005, but had been listed twice last year without success.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/10/21/TreMon%20Hunters%20Hill.jpg" alt="">
There was no bid when a lavish whole-floor apartment in the Harry Siedler-designed Horizon building went to private auction.
There was only a vendor bid of $16 million for the five-bedroom 40th-floor residence which was listed with a revised price guide of $16.5 million, after being listed at $20 million earlier this year.
It comes with $565 sqm of internal space, but 710 sqm with balconies and garaging.
It is credited as the largest single level apartment in its Knight Frank marketing.
Sydney's prior week’s figures saw 76.9 per cent clear as at final figures.
Last year, a lower 675 Sydney homes were auctioned returning a 44 per cent success rate.
Canberra was the best performing of the smaller auction markets, with a preliminary auction clearance rate this week of 64 per cent, Adelaide followed closely with 63 per cent of homes selling at auction.
<img src="https://www.urban.com.au/images/2019/10/21/OCT%2021%20Auction%20Stats.JPG" alt="">
The South Australia auctioneer John Morris noted the 30 Ray White auctions clearance rate was sitting at 78 per cent.
"Stock is still quite low and this is resulting in large turnouts and lots of registered and active bidders at auction," Morris said.
The agency sold <a href="https://www.raywhite.com/sa/fulham-gardens/2172992/" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">14 Leisure Court, Fulham</a> for $1,035,000.
“The highest offer we had previously was below the figure it sold for under the hammer,” selling agent Leon Yuan said.
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CoreLogic tallied just under 2,000 capital city homes taken to auction, steady week-on-week although the 75.6 per cent clearance rate came in lower than the previous week’s preliminary figure of 77.3 per cent, which revised down to 73.5 per cent at final figures. 
"It’s expected that this week’s final figure will come in below that given the lower preliminary figure," Corelogic auction analyst Kevin Brogan said.
Last year, 2,139 homes were taken to auction over the same week, however only 46 per cent of these sold.
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Melbourne’s auction results peaked in mid-September: Shane Oliver

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The keenness of buyers was now inspiring more sellers to list, according to AMP Capital chief economist Shane Oliver.
Buyer sentiment had improved significantly since May, he noted after another auction weekend with an 80 per cent plus success rate in Sydney.
“Sentiment has turned around dramatically as things were going down and it was feeding on itself on the way down.
“Now it’s turned, it’s feeding on itself on the way up.
Oliver said the trigger was the combination of the election outcome, which removed the threats to negative gearing and the CGT discount, the rate cuts and the removal of the 7 per cent mortgage rate test.
“This all now appears to be encouraging a gradual pick up in listings which along with news of a recovery is in turn is bringing more buyers back into the market.”
Oliver suggested some of the buying was pent-up demand, “after buyers went on strike last year”.
He thinks tighter credit, slower economic conditions and a lot of units to hit the market will constrain prices relative to a few years ago.
“I expect some slowing after the initial bounce, but right now it looks like its got a bit further to go as sentiment continues to improve,” he told The Daily Telegraph.
There were 2,017 homes taken to auction across the combined capital cities over the past week, up from 1,324 over the previous week, suggesting the spring auction selling season was finally gaining some listing momentum. 
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The Corelogic preliminary results showed a 77 per cent success rate, up after last week’s interrupted long weekend saw a final clearance rate at 67 percent. 
"Although the clearance rate will revise lower as final results are collected, it will likely hold around the low-mid 70 per cent range," Kevin Brogan, the CoreLogic auction analyst said.
The number of listings is finally up on the same time last year, when 1,851 auctions were held across the combined capitals, then recording a 47 per cent clearance rate.
Property economist Dr Andrew Wilson said the Sydney weekend home auction market bounced back strongly following the previous weekend's holiday break "with a booming clearance rate despite a surge in listings."
SQM property commentator Louis Christopher observed "ongoing strong auction results."
The dearest sale was in Melbourne where <a href="https://www.littlerealestate.com.au/properties/7-ruby-street-hawthorn-vic" target="_blank">7 Ruby Street, Hawthorn</a> (top and below) fetched $5,175,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/10/14/7%20Ruby%20Street%20Hawthorn.jpg" alt="">
There had been price guidance of $4.75 million to $5.225 million.
The 596 sqm house was designed by Steve Domoney Architecture.
The property last sold in 2010 at $4.4 million.
The marketing by Little Real Estate agent Jeffrey Wilson described the three level home as "unrivalled luxury."
It was "magnificently modern and dramatically daring."
Sydney's top house sale was in Mosman.
The $5,025,000 sale through Di Jones Real Estate was a five bedroom 1930s home at <a href="https://www.dijones.com.au/property/house-nsw-mosman-8p9611/" target="_blank">89 Bay Street</a> (below). 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/10/14/89%20Bay%20Street%20Mosman.jpg" alt="">
With Middle Harbour views, the home last traded at $3.2 million in 2012.
There was a $4.7 million sale in Brisbane when the riverfront home at <a href="http://www.adcockprestige.com/20293048#1" target="_blank">23 King Arthur Terrace, Tennyson</a> (below) was sold pre-auction through estate agent Jason Adcock.
It last sold at $3.81 million in 2015.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/10/14/Tennyson%20.jpg" alt="">
The north-facing five bedroom, four bathroom family home has views capturing the river, golf course and city skyline from its 1154 sqm holding with 20m of river frontage.
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Melbourne saw 977 homes taken to weekend, returning a preliminary clearance rate of 76.7 per cent. 
In comparison, last week saw 775 homes taken to auction returning a final clearance rate of 70.5 per cent. 
Over the same week last year, a clearance rate of 50.4 per cent was recorded across 912 auctions.
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Melbourne had the weekend's cheapest offering when $225,000 was paid for the one bedroom unit at <a href="http://www.jasstephens.com.au/?pagecall=property&amp;propertyID=3367907" target="_blank">8/90 Roberts Street, West Footscray</a> (below).
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/10/14/890%20Roberts%20Street%20West%20Footscray%20.jpg" alt="">
There had been $200,000 to $220,000 price guidance by Jas Stephens Real Estate.
It last sold in 2006 at $115,000.
It was offered as a $190 a week rental in 2016.
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There were 729 homes taken to auction across Sydney this week with preliminary results showing a clearance rate of 82.3 per cent. 
Over the previous week, a final clearance rate of 74.7 per cent was recorded across just 317 auctions given the long weekend.
 One year ago, 647 auctions were held across Sydney returning a final clearance rate of 45.1 per cent.
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Across the smaller auction markets, Perth saw lower auction volumes week-on-week while Adelaide and Canberra, both with a 78 percent success rate, saw an increase in the number of homes taken to auction over the week.
There was a 59 percent clearance rate in Brisbane where sales included a $2,085,000 Bulimba result through LJ Hooker AVNU in conjunction with Ray White agent Nicholas Given.
The 2012-built contemporary <a href="https://avnu.com.au/our-listings/32-princess-street-bulimba-qld/" target="_blank">32 Princess Street</a> five bedroom home sold for $2,085,000. It potentially could have gone higher. “There were lots of people desperate to buy this home but didn’t have their finances in place,” Mr Given said.
It last sold at $1.8 million in 2013.
"Displaying a cutting-edge architectural aesthetic, the home was designed with an emphasis on gourmet open plan indoor/outdoor poolside entertaining," Tanya Douglas at AVNU said.
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Keenness of buyers now inspiring more sellers to list: Shane Oliver

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Melbourne was host to 777 weekend auctions, with agents returning a preliminary clearance rate of 73.8 per cent.
It was the nation's second strongest capital city result, falling just short of Canberra's 73.9 per cent, according to CoreLogic.
Over the same weekend last year, Melbourne vendors secured a success rate of 51.8 per cent across 904 auctions.
Housing economist Dr Andrew Wilson noted Melbourne recorded a $790,000 median sale which was lower than the previous fortnight’s $812,000 but higher than the same weekend last year’s $738,750.
"With the spring holiday period now concluded, the Melbourne market will again be fully-focused over coming weekends until the Cup long-weekend holiday," Dr Wilson, from My Housing Market, said.
The top Melbourne sale was at Elwood. The modern home at <a href="https://www.marshallwhite.com.au/property/20-docker-street-elwood-830575/" target="_blank">20 Docker Street</a> (pictured top) fetched $3,075,000, up just $25,000 on the last sale price in 2016, according to CoreLogic.
The Marshall White price guidance had been $2.75 million to $2.9 million.
Melbourne's inner south was the strongest region with a 90 percent success rate.
A Wheelers Hill four bedroom, two bathroom home (below) sold for $1,247,000.   “The first bid was $1 million, and it shot up in $20,000 increments,” said the Ray White agent Crisitine Jones.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/10/8/21%20Heysham%20Drive%20Wheelers%20Hill%20Vic%203150%20%20.jpg" alt="">
"Three months ago this property would have struggled to reach $1.1 million.”   The <a href="https://www.propertyobserver.com.au/https://raywhitegw.com/properties/residential-for-sale/vic/wheelers-hill-3150/house/2175745" target="_blank">21 Heysham Drive home</a> saw six bidders taking part, with final bids between just two dropping as low as $500.
It last sold at $850,000 in 2009.
There were 1,324 homes taken to auction across the combined capital cities, slightly up on the prior week when 1,278 auctions were held.
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National preliminary results show a clearance rate of 71 per cent, similar to last week’s final clearance rate of 71 per cent, but down on the 79 percent achieved in late August. 
"As the remaining results are collected, it’s likely that the final clearance rate will revise below 70 per cent for the first time since mid-August," CoreLogic auction analyst Kevin Brogan said.
AMP Capital chief economist Shane Oliver suggested the recent "cooling" in clearance rates was expected due to the tight credit, the unit supply and soft economy that would "constrain prices after their initial bounce."
This time last year, 1,817 auctions were held across the combined capitals, while the clearance rate was significantly lower at 49.5 per cent.
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With the school holidays, the NRL grand final and Queens Birthday long weekend, auction volumes across Sydney dropped with just 316 homes across the city over the past week. 
Preliminary results show a clearance rate of 79.8 per cent.
There were 188 auctions in Sydney on Saturday, with just the 133 results captured and 110 sold so a preliminary clearance rate for Saturday of 82 percent.
Over the previous week, final results show 74.5 per cent of the 950 auctions were successful making it the busiest week the city has seen since November last year. 
One year ago, 611 auctions were held across Sydney returning a final clearance rate of 46.1 per cent.
For the second week in a row, Sydney's top sale was at Warrawee when a five bedroom house (below) fetched $4,525,000.
The <a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/house/nsw/upper-north-shore/warrawee/406155" target="_blank">21 Hastings Road home</a>, Kelvin Grove was a Federation home renovated by architect Harvey Little. Set on on 1,400 sqm, the home that sold through McGrath agent Alex Mintorn had a pool and court.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/10/8/21%20Hastings%20Road%20Warrawee.jpg" alt="">
It last sold in 1996 at $1.39 million.
Cooley Auctions reported a 58 percent clearance rate with 11 of 19 selling, which was the weakest clearance rate for nine weeks. 
Across the smaller auction markets, Adelaide and Canberra saw lower auction volumes week-on-week while Brisbane and Perth saw an increase in the number of homes taken to auction over the week.
Canberra was the strongest of all market at 73.9 percent from just 31 auctions, with the dearest being just $835,000 at Flynn.
The four bedroom house at <a href="https://www.irwinproperty.com.au/real-estate/1147527/11-tulloch-place-flynn-act-2615" target="_blank">11 Tulloch Place, Flynn</a> was sold prior to auction through Irwin Property. It last sold at $137,500 in 1998.
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The weakest market was Brisbane at 37 percent with 90 or so listings.
Brisbane had the nation's cheapest sale when <a href="https://www.raywhite.com/qld/kingston/2177746/?lang=en" target="_blank">10 Woody Avenue, Kingston</a> was sold at a big loss. Set within the Logan City region, the neglected three bedroom home fetched $226,000.
"Bring your tools and make this home shine again," the marketing advised.
It last sold at $315,000 in 2015 to Sydney investors who initially sought $460 a week tenants.
There were no auctions recorded in Tasmania this week.
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