Sydney And Melbourne’s Clearance Rates Slide
However strong results persist nationwide.
However strong results persist nationwide.
Auction markets resumed on Saturday following last weekend’s pause in activity for the Easter holiday break.
Clearance rates continued to reflect boom-time market conditions in all capitals however Melbourne and Sydney were well down on recent weekend results posting 79.1% and 82.4% clearance respectively.
Sydney, while strong at 82.4%, was well below the 90.4% recorded a fortnight ago and reported the lowest clearance rate since the 81.1% recorded on Saturday January 30.
Auction numbers in the Harbour City remained robust with 785 listings while the median price for houses sold at auction on the weekend of $1,550,000 was only 1.4% lower than the previous fortnight’s results.
Melbourne fell to a year low after the Easter holiday break reporting a rate of 79.1%. A total of 905 homes were listed for auction which, while healthy, produced a median price of $945,750 for houses sold at auction on the weekend, down 6.8% from Super Saturday.
However, despite Sydney and Melbourne’s slip, Brisbane performed well at 90.7%, while Adelaide (86.4%) and Canberra (92.5%) continued to surge.
Across the nation listings numbers were also, predictably lower compared to the auctions conducted over Super Saturday a fortnight ago, with markets slowed by school holidays.
Data powered by Dr Andrew Wilson of MyHousingMarket.com.au
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.
Former Aussie Rules player Jeff Chapman’s dream beach house, which has had its praises sung by The Independent in the UK, is back on the market with a revised – and more competitive – price guide.
The contemporary pavilion-style residence Alinghi, created by celebrated architect James Grose, was voted one of the top five beach houses in the world by the British newspaper and has been operating as a luxury holiday rental earning up to $7000 a week.
The one-time Melbourne forward and founder of Bennelong Funds Management, and his wife Carena Shankar, listed the five-bedroom getaway back in mid 2024 with hopes of about $8 million. The prestige property is now back with new agent Pauline Karatau of Ray White New Farm and the amended guide now sits at $6.5 million.
As part of the private 5ha Rocky Point estate, at the southern end of the Great Barrier Reef overlooking Honeymoon Bay, the glamorous holiday home shares not only a private beach with just four other neighbours, but also a 30m saltwater pool, a full-size tennis court, a beach cabana with barbecue facilities and a full-time live-in caretaker on site.
Alinghi seemingly floats against the cliffs of North Queensland’s Capricorn Coast consisting of two pavilions and shallow reflections pools for ultimate serenity. Residence number 5 is home to a two-storey main pavilion with large living spaces spilling onto semi-enclosed areas framing enviable ocean views. Upstairs there are four bedrooms, including two with ensuites. The second pavilion is a private retreat housing the main bedroom suite with an additional study or wellness space.
Crafted by Grose to leave minimal impact on its natural environment, the house features external materials sourced locally including rich cedar, plus glass and Travertine stone specifically chosen to blend and weather with the landscape over time.
The low maintenance property is also relatively self sufficient thanks to water tanks collecting the region’s abundant rainfall. Despite it’s northern Queensland address air-conditioning is an after-thought due to the clever cross-ventilation design principles and deliberate orientation capturing ocean breezes that flow through the large footprint.
Alinghi’s external lightning has also been carefully designed to be low voltage with minimum impact upon the local wildlife including wallabies, echidnas, goannas, turtles and even a diverse range of native birds. From the private terraces throughout winter, homeowners can also track the migratory whales.
Alinghi is a 90-minute drive away from Agnes Waters and its sister town of 1770 (also known as Seventeen Seventy). It is approximately 120kms from Bundaberg, which is home to a well-serviced domestic airport.
Alinghi is listed for sale with a price guide of $6.5 million via Ray White New Farm agent Pauline Karatau on 0418 733 773.
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.