Clearance Rates Hold Steady
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Clearance Rates Hold Steady

Despite a record number of December listings.

By Kanebridge News
Mon, Dec 6, 2021 9:10amGrey Clock 2 min

December has commenced with yet another wave of weekend auction listings, yet clearance rates — that have eased over recent weeks — remained steady with sellers maintaining the upper hand.

The national auction market reported a clearance rate of 76.8% — the same as the previous weekend and a three month low.

National auction numbers were marginally lower at the weekend, falling from the previous Saturday’s 3165 to a December record 3096 —ahead of the 1720 auctioned over the same weekend last year.

Auction numbers will drop as the year rounds out, but volumes are predicted to still hit near-record levels and will test buyer depth.

Clearance rates in Sydney were only slightly lower despite ta record December day for Auction listings.

The NSW capital recorded a clearance rate of 76.6% at the weekend — similar to the previous weekend’s 77.2% but again lower than the 82.5% recorded over the same weekend last year.

A December record 1189 homes were listed for auction on Saturday — below the previous weekend’s November record 1234, but well up on the 781 auctioned over the same weekend last year.

Sydney recorded a median price of $1,622,500 for houses sold at auction at the weekend which was lower to the $1,702,000 reported over the previous Saturday but 13.5% higher than the $1,430,000 recorded over the same weekend last year.

Melbourne’s weekend auction market hit a near-record number of listings for December with 1491 homes listed for auction at the weekend – similar to the 1518 reported over the previous weekend and more than double the 737 auctioned over the same weekend last year.

Despite the strong showing, a steady clearance rate of 68.5% on Saturday was similar to the previous weekend’s 69.8% but lower than the 72.8% recorded over the same weekend last year.

Melbourne recorded a median price of $1,126,000 for houses sold at auction at the weekend which was higher than the $1,119,000 recorded over the previous weekend and 14.7% higher than the $982,000 recorded over the same weekend last year.

Data powered by Dr Andrew Wilson; myhousingmarket.com

 



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Wild cities and concrete corridors: How AI is reimagining the landscape

A new AI-driven account by leading landscape architect Jon Hazelwood pushes the boundaries on the role of ‘complex nature’ in the future of our cities

By Robyn Willis
Wed, Dec 6, 2023 2 min

Drifts of ground cover plants and wildflowers along the steps of the Sydney Opera House, traffic obscured by meadow-like planting and kangaroos pausing on city streets.

This is the way our cities could be, as imagined by landscape architect Jon Hazelwood, principal at multi-disciplinary architectural firm Hassell. He has been exploring the possibilities of rewilding urban spaces using AI for his Instagram account, Naturopolis_ai with visually arresting outcomes.

“It took me a few weeks to get interesting results,” he said. “I really like the ephemeral nature of the images — you will never see it again and none of those plants are real. 

“The AI engine makes an approximation of a grevillea.”

Hazelwood chose some of the most iconic locations in Australia, including the Sydney Opera House and the Harbour Bridge, as well as international cities such as Paris and London, to demonstrate the impact of untamed green spaces on streetscapes, plazas and public space.

He said he hopes to provoke a conversation about the artificial separation between our cities and the broader environment, exploring ways to break down the barriers and promote biodiversity.

“A lot of the planning (for public spaces) is very limited,” Hazelwood said. “There are 110,000 species of plants in Australia and we probably use about 12 in our (public) planting schemes. 

“Often it’s for practical reasons because they’re tough and drought tolerant — but it’s not the whole story.”

Hazelwood pointed to the work of UK landscape architect Prof Nigel Dunnett, who has championed wild garden design in urban spaces. He has drawn interest in recent years for his work transforming the brutalist apartment block at the Barbican in London into a meadow-like environment with diverse plantings of grasses and perennials.

Hazelwood said it is this kind of ‘complex nature’ that is required for cities to thrive into the future, but it can be hard to convince planners and developers of the benefits.

“We have been doing a lot of work on how we get complex nature because complexity of species drives biodiversity,” he said. 

“But when we try to propose the space the questions are: how are we going to maintain it? Where is the lawn?

“A lot of our work is demonstrating you can get those things and still provide a complex environment.” 

At the moment, Hassell together with the University of Melbourne is trialling options at the Hills Showground Metro Station in Sydney, where the remaining ground level planting has been replaced with more than 100 different species of plants and flowers to encourage diversity without the need for regular maintenance. But more needs to be done, Hazelwood said.

“It needs bottom-up change,” he said. ““There is work being done at government level around nature positive cities, but equally there needs to be changes in the range of plants that nurseries grow, and in the way our city landscapes are maintained and managed.”

And there’s no AI option for that. 

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