Major Capitals Survive Super Saturday
The pre-Easter auction rush didn’t dampen clearance rates.
2 min
The pre-Easter super Saturday of auctions has provided sellers with generally positive results this year, despite a deluge of listings.
The national auction market reported a clearance rate of 76.0% at the weekend — similar to the previous weekend’s 74.9% yet lower than the 86.2% recorded over the same weekend last year.
National auction numbers week higher at the weekend reflecting — as expected due to the pre-Easter holiday surge — with 3157 reported compared to the previous weekend’s 2551 and the 1909 reported over the same weekend last year.
Despite the market passing the most difficult test of the year so far, Economist Dr Andrew Wilson expects things to slow down.
“Markets will be relatively subdued over the remainder of April due to lengthy holiday distractions and the possibility of the commencement of a lengthy federal election campaign,” said Dr Wilson in his latest auction report.
Sydney reported a clearance rate of 69.4% at the weekend — almost the same as the previous weekend’s 69.7% but well below the 82.4% recorded over the same weekend last year.
The weekend saw a year-to-date high of 1214 auctions — well ahead of the previous weekend’s 958 and the previous year’s 765 auctions recorded.
The NSW capital recorded a median price of $1,815,000 for houses sold at auction at the weekend — higher than the $1,800,000 reported over the previous weekend and the same weekend last year’s $1,550,000.
The Melbourne market survived one of the biggest auction days of the year, reporting a clearance rate of 69.8% on Saturday — just below the previous weekend’s 71.7% and lower than the 79.1% recorded over the same weekend last year.
The Victorian capital saw 1505 homes reported for auction over the weekend — significantly above the previous weekend’s 1259 and the 785 listed over the same weekend last year.
Melbourne recorded a median price of $1,105,500 for houses sold at auction at the weekend which was lower than last weekend’s $1,134,000 – but 16.9% % higher than the $945,750 reported over the same weekend last year.
Data powered by Dr Andrew Wilson, My Housing Market.
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This home has all the conveniences of modern living set in a dramatic landscape
2 min
Plenty of people are looking to get away from it all. But most are reluctant to give up the conveniences and small luxuries of modern living.
This split-level property at 166 Westwood Street, Bridport on the north coast of Tasmania offers both, with direct access to a stunning coastline as well as easy living in a three-bedroom, Hamptons-style home. Just a 10-minute walk from Mermaids Beach in the Granite Point dress circle, the house on a 1206sqm site is a two-hour drive from Devonport and the Spirit of Tasmania terminal port.
Central to the floorplan is a generous, north facing open plan living space with raked ceilings and wraparound bay windows leading onto a sun-filled deck via sliding doors.
Entry is via a spacious reception area with integrated hall table and storage cupboard. A short hallway offers access to the master suite to the right and secondary bedrooms to the left, or through to the open plan living area to the rear.
The master suite includes a built-in robe and stylish, semi open ensuite. Sliding doors lead onto the split level deck, with a spa on the lower side to provide privacy.
The well-appointed kitchen includes a large butler’s pantry, as well as an island bench and bar area with finishes such as Carrara marble chosen to blend seamlessly into the lounge and dining area. A stone fireplace is the main focal point in this room, while ducted heating and aircon ensure that thermal comfort is maintained all year round.
At 334sqm, the house is large enough to provide room for family and friends when required, bt cosy enough for two, without spending unnecessary time on maintenance and cleaning.
With Barnbougle Dunes and Lost Farm golf courses just 10 minutes away, local wineries and mountain biking at nearby Derby, this is an ideal property for downsizers looking for a little luxury while still feeling connected to nature.
Address: 166 Westwood Street, Bridport
Inspection: By appointment
For sale: By Offer
Price guide: $2.3m t0 $3m
Agent: Andrew MacDonald, The Agency, 0409 368 151 andrewmacdonald@theagency.com.au
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