Mid-Winter Auctions Slow And Steady
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Mid-Winter Auctions Slow And Steady

The fragile buyer and seller confidence continues to grip the market.

By Kanebridge News
Mon, Jul 18, 2022 10:30amGrey Clock 2 min

The typically chilly winter home auction market produced steady results across the country at the weekend with a reported clearance rate of 60.8% at the weekend which was lower than the 63.2% of last weekend and significantly lower than the 80.5% of the same weekend last year.

Saturday’s result was the lowest national weekend clearance rate since lockdown-impacted results of August 2020.

National auction numbers were higher at the weekend with 1442 listings compared to last weekend’s 1355 — but well below the same weekend last year’s 2179.

The Sydney auction market reported steady auction clearance rates at the weekend, with results still at the lowest level since April 2020.

The NSW capital recorded a clearance rate of 58.0% at the weekend — similar to the 58.7% recorded the previous weekend and well below the 78.0% recorded over the same weekend last year.

Auction numbers were higher at the weekend with 597 reported compared to the previous weekend’s 562 but again well down on the 872 auctioned over the same weekend last year.

Sydney recorded a median price of $1,515,000 for houses sold at auction at the weekend which was lower than the $1,651,000 recorded last weekend and 5.5% lower than the same weekend last year’s $1,603,000

Melbourne’s clearance rates too held steady, albeit low, with a clearance rate of 60.4% on Saturday which was similar to the previous weekend’s 60.4% on Saturday which was similar to the previous weekend’s 60.0% — lower than the 73.2% recorded over the same weekend last year.

The Victorian capital recorded 598 homes listed at the weekend — higher than the 552 reported over the previous weekend but well below the 1061 listed over the same weekend last year.

Melbourne recorded a median price of $923,000 for houses sold at auction at the weekend which was lower than the $1,025,000 reported last weekend —7.0% lower than the $992,500 recorded over the same weekend last year.

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
Wed, May 29, 2024 2 min

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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