Unprecedented Weekend Auction Results
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Unprecedented Weekend Auction Results

Beyond the majors, Adelaide claims close to 100 per cent clearance rate.

By Terry Christodoulou
Mon, Mar 8, 2021 4:16amGrey Clock < 1 min

Following last weekend’s bumper results, Saturday, March 6 produced more impressive returns with each capital city recording a weekend auction clearance rates above 80%.

The unprecedented result saw Adelaide (97.1%) and Brisbane (close to 90%) as standout markets.

Sydney, meanwhile, reported a rate of 86.8% down on last weekend’s record-breaking 90.0%, but up on the 90.5% reported over the same weekend last year.

The median price for houses sold at auction in Sydney was $1,704,000, higher than the previous weekend’s $1,645,500 and 17.5% above the $1,450,000 recoded over the same weekend last year.

The upper north shore reported the top clearance rate results at 90.8%.

Despite being a holiday weekend, Melbourne posted another strong Saturday with a rate of 80.6% – slightly lower than the previous weekend (82.0%) but well ahead of the 71.9% reported for the same period last year.

Melbourne recorded a median price of $948,000 for auctioned houses,  lower than the previous weekend’s $1,002,500 Prices however were 10.9% higher than the $855,000 recorded over the same holiday weekend last year.

Data powered by Dr Andrew Wilson of MyHousingMarket.com.au

 



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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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Property of the week: Penthouse, 601/12 Baptist St, Redfern

A Sydney site with a questionable past is reborn as a luxe residential environment ideal for indulging in dining out

By KIRSTEN CRAZE
Fri, Oct 18, 2024 2 min

Long-term Sydney residents always had handful of not-so-glamourous nicknames for the building on the corner of Cleveland and Baptist Streets straddling Redfern and Surry Hills, but after a modern rebirth that’s all changed.

Once known as “Murder Mall” or “Methadone Mall”, the 1960s-built Surry Hills Shopping Centre was a magnet for colourful characters and questionable behaviour. Today, however, a $500 million facelift of the site — alongside a slow and steady gentrification of the two neighbouring suburbs — the prime corner property has been transformed into a luxury apartment complex Surry Hills Village by developer Toga Group.

The crowning feature of the 122-apartment project is the three-bedroom penthouse, fully completed and just released to market with a $7.5 million price guide.

Measuring 211sqm of internal space, with a 136sqm terrace complete with landscaping, the penthouse is the brand new brainchild of Surry Hills local Adam Haddow, director of architecture at award-winning firm SJB.

Victoria Judge, senior associate and co-interior design lead at SJB says Surry Hills Village sets a new residential benchmark for the southern end of Surry Hills.

“The residential offering is well-appointed, confident, luxe and bohemian. Smart enough to know what makes good living, and cool enough to hold its own amongst design-centric Surry Hills.”

Allan Vidor, managing director of Toga Group, adds that the penthouse is the quintessential jewel in the crown of Surry Hills Village.

“Bringing together a distinct design that draws on the beauty and vibrancy of Sydney; grand spaces and the finest finishes across a significant footprint, located only a stone’s throw away from the exciting cultural hub of Crown St and Surry Hills.”

Created to maximise views of the city skyline and parkland, the top floor apartment has a practical layout including a wide private lobby leading to the main living room, a sleek kitchen featuring Pietra Verde marble and a concealed butler’s pantry Sub-Zero Wolf appliances, full-height Aspen elm joinery panels hiding storage throughout, flamed Saville stone flooring, a powder room, and two car spaces with a personal EV.

All three bedrooms have large wardrobes and ensuites with bathrooms fittings such as freestanding baths, artisan penny tiles, emerald marble surfaces and brushed-nickel accents.

Additional features of the entertainer’s home include leather-bound joinery doors opening to a full wet bar with Sub-Zero wine fridge and Sub-Zero Wolf barbecue.

The Surry Hills Village precinct will open in stages until autumn next year and once complete, Wunderlich Lane will be home to a collection of 25 restaurants and bars plus wellness and boutique retail. The EVE Hotel Sydney will open later in 2024, offering guests an immersive experience in the precinct’s art, culture, and culinary offerings.

 

The Surry Hills Village penthouse on Baptist is now finished and ready to move into with marketing through Toga Group and inquiries to 1800 554 556.

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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