National Auction Market Officially Kicks Off
Major capitals slow off the mark in two-speed market.
2 min
The 2022 home auction year has officially commenced.
While the weekend saw mostly positive results for early-season sellers the two-speed national market is intensifying.
Adelaide, Canberra and Brisbane’s markets have carried its momentum from the latter stages of 2021 into the new year with strong clearance rates this weekend reporting 88.4%, 74.0% and 86.1% respectively.
Elsewhere, the major markets of Sydney and Melbourne are stuttering, reporting lower clearance rates when compared to the same weekend last year at 65.8% and 68.5% respectively.
The national auction market reported a clearance rate of 76.6% at the weekend which was similar to the 76.0% reported over the final auction weekend of 2021 but lower than 77.7% recorded over the same weekend last year.
The number of listings that went to auction over the weekend was 836, higher than the 690 auctioned over the same opening weekend last year.
Sydney’s aforementioned clearance rate of 65.8% is well down on the 81.1% recorded over the same opening weekend last year.
Despite surrounding covid concerns and distractions, a season-opening record 318 homes were listed for auction at the weekend — up on the 138 auctioned over the same opening weekend last year.
The NSW capital recorded a median price of $1,380,000 for houses sold at auction at the weekend which was lower than the $1,580,000 reported over the final auction Saturday of 2021 but 10.8% higher than the $1,246,000 recorded over the same weekend last year.
Melbourne’s clearance rate of 68.5% was also down on the 84.0% recorded over the same weekend last year.
A total of 250 homes were reported listed for auction at the weekend – lower than the 308 reported over the same weekend last year.
The Victorian capital recorded a median price of $873,000 for houses sold at auction at the weekend which was lower than the last weekend in December’s $1,000,000 and 4.3% lower than the $912,500 recorded over the same weekend last year.
Data powered by Dr Andrew Wilson, My Housing Market.
This stylish family home combines a classic palette and finishes with a flexible floorplan
Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.
This renovated Hampton-style home offers luxury living and seamless indoor-outdoor entertaining in a prime coastal location.
2 min
A sanctuary of modern design and craftsmanship, this stunning north-facing family home in Dover Heights sets a new benchmark for luxury coastal living. Perched on a sun-drenched 563sqm block, the newly renovated residence combines elegance with functionality, making it the ultimate entertainer’s retreat.
Designed for seamless indoor-outdoor living, the open-plan living and dining areas lead out to a sunlit alfresco zone with a swimming pool. “It’s where we spend most of our time, whether we’re hosting friends or relaxing with family,” says the owner. Floor-to-ceiling glass doors maximise the natural light and offer views of the beautifully landscaped backyard.
At the heart of the home is a gourmet kitchen equipped with premium Bosch and Siemens appliances, including two 900mm ovens, two dishwashers, and a gas wok with dual extraction fans.
Upstairs, the four spacious bedrooms offer plenty of privacy. The master suite is a true retreat with a luxurious ensuite and custom-built wardrobes. Two other bedrooms feature their own ensuites, while a home office and gym complete the upper level. Convenience is key, with lift access to both floors, a remote-controlled garage with internal access, and off-street parking for three cars.
The home is packed with modern features like Daikin ducted air-conditioning with room-specific controls, rain-sensor skylights and CCTV. Sustainability is also a priority, with 48 solar roof panels and a Tesla 2.5kw solar edge inverter reducing the home’s environmental impact.
Located a short stroll from Rodney Reserve and local favourite Archies Café Co., the house is close to prestigious schools, Rose Bay village, and the iconic Bondi Beach. It’s the perfect blend of convenience and tranquillity, offering a family-friendly neighbourhood while being just minutes away from Sydney’s finest attractions.
With its timeless Hampton-style aesthetic and modern amenities, 60 Blake Street is more than just a home—it’s a lifestyle. Whether you’re entertaining guests or enjoying a quiet evening by the pool, every inch of this property has been thoughtfully designed for comfort and luxury.
This stylish family home combines a classic palette and finishes with a flexible floorplan
Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.
