Sydney Posts Back-To-Back Record Clearance Rates
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Sydney Posts Back-To-Back Record Clearance Rates

Another autumn weekend of extraordinary results.

By Terry Christodoulou
Mon, Mar 22, 2021Grey Clock < 1 min

Auction markets across the country continued to record extraordinary results on March 20, reflecting unprecedented buyer competition.

Despite the dreary weather, the Sydney auction market posted back-to-back record results, exceeding 90% for the third time in four weekends with a clearance rate of 92.4%.

The result is a stark contrast to the coronavirus impacted market of the same weekend last year which reported 64.9% clearance rate.

Auction numbers were higher in Sydney on Saturday with 856 reported, compared to the 716 listed last weekend. Sydney recording a median price for houses sold at auction on the weekend of $1,610,500, 24.7% higher than the same weekend in 2020.

Melbourne’s market also proved strong with a season-high effort of 82.1%, up from last weekend’s 81.5%.

A reported 1117 homes were listed for auction, higher than the previous weekend’s 978 but lower than 1184 reported over the same weekend of 2020.

Melbourne’s median house price sold at auction on the weekend was $980,000 which is 6.8% higher than the 918,000 recorded over the same weekend last year.

Listings increased in all capitals compared to last weekend (March 13), with the exception of Canberra. It’s expected that an influx of listings will flood the market at the pre-Easter super Saturday next weekend.

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The waterfront residence is one of Port Stephens’ finest homes.

By Kanebridge News
Fri, Aug 12, 2022 2 min

In the coastal township of Salamander Bay — nearby to Port Stephens — comes a unique home crafted to take full advantage of unbroken ocean vistas across three levels.

With one-of-a-kind flair, the stunning 5-bedroom, 3-bathroom, 3-car garage home of 52 Randall Drive Salamander Bay is nestled on a private 577sqm plot, optimised through intelligent design to take advantage of the Port Stephens landscape and lifestyle.

Within the home sees the typically coastal textures of natural oak floor and timber feature walls take hold while stone and tiled adornments add layers of luxury.

The open plan living, kitchen and dining areas incorporate a fireplace and near floor-to-ceiling glass that opens to create a seamless indoor-to-outdoor dining and entertaining space on the home’s top floor.

The heart of this area is the kitchen, centred around a marble-topped island, state-of-the-art European appliances and an attached bar area, with built-in refrigeration, accompanied by a butler’s pantry.

Also here comes a grand outdoor spa, central to the balcony, while another outdoor entertaining area with a pizza oven is found on the middle floor.

Downstairs once again comes a second living space replete with the perfect wine cellar — cooled by the natural rock foundation of the home — offering an array of entertaining options

Of the home’s accommodation comes a private and luxurious master retreat with expansive ocean views, a walk-in wardrobe and an ensuite, here, speckled with grey terrazzo tiling and timber joinery vanities.  A further four bedrooms are found throughout the home along with two family bathrooms rounding out the offering.

Less than a five-minute walk from nearby amenities of shops, restaurants, cafes and beaches the home offers the best of the Port Stephens area.

The listing is with PRD Port Stephens’ Dane Queenan (+61 412 351 819) and Erin Sharp (+61 499 912 311) and is heading to auction; prd.com.au