Autumn Selling Season Officially Begins
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Autumn Selling Season Officially Begins

Solid auction returns mark the start of the new season.

By Terry Christodoulou
Mon, Mar 7, 2022 10:27amGrey Clock 2 min

Home auction markets have commenced the autumn selling season with solid results despite reporting generally lower than February.

Severe weather events also distracted activity in some markets — particularly Brisbane — with listings and clearance rates well down on the week before in the Queensland capital from 78.7% the weekend prior to 65.3%.

The national auction market reported a year low clearance rate of 73.5% at the weekend, well down on the previous weekend’s 77.9% and significantly below the 88.5% recorded over the same weekend last year.

National auction volume was also down with 2377 reported listed compared to the previous weekend’s 2627 but well ahead of the 1232 listed the same Saturday last year.

The Sydney auction market reported yet another strong clearance rate despite weather distractions.

Clearance rates have continued to track above the results recorded at the end of 2021 despite record level early-season listings.

The NSW capital recorded a clearance rate of 76.6% at the weekend — lower than the 78.8% reported over the previous weekend and below the 86.6% record over the same weekend last year.

Sydney reported 841 auction listings which, although below the previous weekend’s February record of 965, was well ahead of the 665 reported for the same weekend last year.

Sydney recorded a median price of $1,915,000 for houses sold at auction at the weekend which was higher than the $1,755,000 reported over the previous weekend and 12.4% higher than the $1,704,000 recorded over the same weekend last year.

In Melbourne, the capital reported a clearance rate of 73.8% on Saturday — higher than last weekend’s 71.4% but well below the 80.6% recorded over the same weekend last year.

Melbourne reported 1210 homes listed for auction at the weekend, lower than last weekend’s 1288 but predictably significantly higher than the 405 auctioned over the same weekend last year, which was a Labour Day holiday weekend.

The Victorian capital recorded a median price of $1,170,000 for houses sold at auction at the weekend which was lower than last weekend’s $1,187,000 but 6.4% higher than the $1,100,000 recorded over the same weekend last year.

Data powered by Dr Andrew Wilson, My Housing Market.



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Property of the week: 59 Augustine St, Hunters Hill, NSW

A heritage-listed Federation estate with tennis court, pool and studio, Marika offers timeless elegance and modern family living in the heart of Hunters Hill.

By Kirsten Craze
Fri, Apr 18, 2025 2 min

A grand old dame who has stood the test of time, Marika is a slice of Hunters Hill heritage transformed for modern-day living. 

Meticulously renovated between 1981 and 1983, with several updates since, Marika made it onto the heritage register in 1999 just in time to signal a new millennium. Today, the modernised mansion is on the market with an auction price guide of $7.5 million, marketed through BresicWhitney’s Nicholas McEvoy. 

“The home is a fantastic opportunity for a discerning buyer to get a grand family estate-style property, with a pool, tennis court and grounds, for a price that’s much more affordable than expected,” McEvoy says. 

Sitting pretty on the corner of Augustine St and Ryde Rd, the stately Federation residence  occupies a sprawling 2472sq m block, which was once part of a 30-acre land grant handed to Frederick Augustus Hayne in 1835. In 1902, he sold it to Dr Leopold Augustus Carter, a local dentist. Two years later, Marika, then known as “Ryde”, appeared in the famed Sands Directory – the social media of its era – a symbol of its architectural significance. 

Surrounded by manicured gardens with sculpted hedges, a pool and full tennis court, Marika is a prime example of Federation style with contemporary elements.  

Inside, the single-level five-bedroom home showcases intricate craftsmanship, from its decorative gables, period archways and bay windows to the coloured glass panels on multiple doors and windows. Elegant formal rooms have high ornate ceilings that are a preserved nod to Marika’s past, while the more modern spaces are relaxed family-friendly zones. 

Thanks to a pavilion-style addition, the L-shaped layout measures 450sq m internally and wraps around a central courtyard that plays host to the alfresco dining terrace and pool, while a wide veranda frames the original front rooms of the house.  

Primary living spaces, including the dining area with integrated bar, open to the great outdoors via stacker doors and the 21st century kitchen has a large island bench and a butler’s pantry with hidden access to the triple lock up garage. There is also a dedicated media room, a library or home office, plus a separate family room with a beautiful bay window. 

All bedrooms feature built-ins while the main retreat, and a second bedroom, have shower ensuites. The shared bathroom houses convenient twin vanities and a freestanding bathtub. 

Beyond the interiors, Marika delivers resort amenities with a full-sized, floodlit tennis court, the pool, barbecue terrace and a self-contained studio apartment with the added bonus of Harbour Bridge glimpses. 

Added extras include a converted loft storage space, a large laundry with side yard access, ducted air conditioning, multiple fireplaces, solar panels with a battery backup and modern insulation. 

Accessed via Augustine St, Marika is close to St Joseph’s College, Boronia Park shops, local ovals and city transport. 

Marika at 59 Augustine St, Hunters Hill is set to go under the hammer on April 26, on site at 9am with a price guide of $7.5 million. The listing is with Nicholas McEvoy and Narelle Scott of BresicWhitney Hunters Hill. 

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