Winter Fails To Cool Hot Auction Market
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Winter Fails To Cool Hot Auction Market

Records continue to tumble across the Australian capitals.

By Terry Christodoulou
Mon, Jun 21, 2021 10:32amGrey Clock < 1 min

This past Saturday, saw a June record 2888 homes reported for auction across state capitals.

As expected, this figure was well ahead of the previous holiday weekend’s 1413, and nearly three times the 1019 listed over the same weekend last year. It was the second-highest number of listings for the year, only surpassed by the 3118 recorded over the pre-Easter Saturday of April 27.

Despite the record numbers, the market continues its firm ascent with a national clearance rate of 82.3% achieved nationally. Saturday’s national result was also the highest recorded for six weeks.

Sydney’s recorded clearance rate of 80.8% was up on the previous weekend’s 77.8% and well ahead of the 67.9% recorded over the same weekend in 2020.

The NSW capital reported 1036 auctions on Saturday, just below the June record of 1048 set two weeks ago.

Further, the median price for houses sold at auction at the weekend in Sydney was $1,610,000, higher than the $1,555,000 reported over the previous Saturday and 19,9% higher than the same weekend last year.

In Melbourne, 1566 auctions were reported which smashed the June record 1379 set just two weekends ago – and was well above the 480 reported over the same weekend last year.

Melbourne recorded a clearance rate of 84.4%  — a dramatic rise compared to the 69.0% reported the previous weekend. The median price of $979,000 for houses sold at auction proved 10% higher than the same weekend last year.

Data powered by Dr. Andrew Wilson of 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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Property of the week: Alinghi, 5/569 Springs Rd, Agnes Water
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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.

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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