April Auction Market Begins Steadily
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April Auction Market Begins Steadily

The major capitals of Sydney and Melbourne continue to slide.

By Terry Christodoulou
Mon, Apr 4, 2022 9:58amGrey Clock < 1 min

The national weekend auction market commenced April steadily reporting a clearance rate of 74.90% at the weekend — similar to the previous weekend’s 74.0%.

With Sydney and Melbourne posting lower results than in previous weeks with clearance rates of 69.7% and 71.7% respectively it was left to a recovering Brisbane (73.2%), Adelaide (79.9%) and Canberra (79.8%) to lift the national average.

National auction numbers were down in volumes at the weekend, with 2551 reported compared to the year-to-date high of 2866 reported over the previous weekend.

Sydney weekend market began April slowly, falling below the 70% clearance rate mark for the third time in four weekends.

The NSW capital’s clearance rate was lower than the 73.7% reported the previous weekend.

Sydney’s lowering clearance rate could be attributed to an elevated Saturday of autumn listings, with 958 auctions reported compared to the previous weekend’s 950.

The median price for a house sold at auction at the weekend was $1,800,000 — higher than the $1,613,000 reported over the previous weekend.

Melbourne fared better than Sydney with clearance rates above 70%— yet was still lower than the previous weekend’s 73.4%.

With the coming weekends filled with the usual April holiday distractions, clearance rates are likely going to continue to ease.

Melbourne reported yet another big day of auctions at the weekend with 1259 listings reported although it was lower than the previous weekend’s year-to-date high of 1353.

The Victorian capital recorded a median price of $1,134,000 for houses sold at auction at the weekend — well ahead of last weekend’s $1,100,000.

Data powered by Dr Andrew Wilson, My Housing Market.



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11 ACRES ROAD, KELLYVILLE, NSW

This stylish family home combines a classic palette and finishes with a flexible floorplan

35 North Street Windsor

Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.

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A 600-Year-Old Medieval Villa Overlooking Florence Lists for €12 Million

The four-storey, lemon-hued villa boasts more than 16,000 square feet of living space and historic character and charm by the bucket load

By LIZ LUCKING
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A 14th-century villa in the hills overlooking Florence, Italy, has hit the market for €12 million (US$13 million).

Surrounded by cypress trees, vineyards and olive groves, the quintessential Tuscan home was built for the Davanzati family—who were powerful bankers, merchants and patrons during the Italian Renaissance who have a museum named after them in the heart of the city. The villa was one of the family’s multiple country retreats, according to Lionard Luxury Real Estate, which brought the home to the market earlier this month.

Courtesy of Lionard

The four-storey, lemon-hued villa boasts more than 16,000 square feet of living space and historic character and charm by the bucket load.

The ballroom has a giant skylight.
Courtesy of Lionard

On the ground floor there are ​​a number of reception rooms and open-air living areas, with many of them boasting antique paintings, tapestries and stately fireplaces made of marble or carved stone.

The most “magnificent” room, according to Lionard, is the winter garden hall, a ballroom with stuccos, loggias and towering vaulted ceilings, illuminated by an Art Nouveau skylight.

Courtesy of Lionard

On the first floor are multiple double bedrooms and an antique library, and the second floor, while in need of renovation, offers the possibility of creating up to 12 en-suite bedrooms. The villa’s tower has a “delightful sitting room and a rooftop terrace offering a breathtaking view of the city of Florence,” the listing said.

The villa has ivy-covered loggias.
Courtesy of Lionard

The basement, meanwhile, has a cellar with brick vaults that are perfect for wine lovers. An elevator runs between the levels.

Outside, the grounds have well-kept gardens, rolling lawns, a fountain, ancient wells and ivy-covered loggias.

Mansion Global couldn’t determine who is selling the villa, or when they acquired it.

The property is “an oasis of peace,” the listing said, and “one of the most exclusive historical estates on the hills that surround the city of Florence.”

MOST POPULAR
11 ACRES ROAD, KELLYVILLE, NSW

This stylish family home combines a classic palette and finishes with a flexible floorplan

35 North Street Windsor

Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.

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