$4,240,500 Hunters Hill apartment sale topped weekend sales

Despite the long weekend distraction, a Hunters Hill apartment topped weekend results with a $4,240,500 sale. The apartment is set within the Pulpit Point Estate development of the former Mobil Oil Terminal, initially proposed by Sid Longish, and completed in a joint venture between Comrealty and Nat West. It was a top floor apartment at 1 Le Vesinet Drive, Hunters Hill which came with price guidance of $3.75 million through Ward Partners. It first sold in 1994 at $785,000. The single level apartment, set in a boutique building of just four apartments, last sold at $2.45 million in 2014. It enjoyed a harbour panorama back to the Sydney city skyline. It comes with a private 10 metre marina berth and access to Pulpit Point facilities including two tennis courts, two pools and the club house. Melbourne's top weekend result was $1,740,000 for the four bedroom, three bathroom townhouse at 24a Avocet Street, Doncaster East. There was also the $1.685 million online auction sale of the townhouse at 8B Naples Road Mentone. The four bedroom townhouse had been listed through Buxton Real Estate with $1.35 million to $1.4 million expectations. A three bedroom townhouse at 1/112 Haydens Road, Beaumaris fetched $1.61 million. There were 1,986 homes taken to auction across the combined capital cities over the past week, up from 1,626 over the previous week and 648 this time last year, making it the busiest auction week since mid-July. Melbourne was the busiest auction market with 800 homes taken to auction across the city, up significantly from 352 over the previous week and 55 this time last year. "Melbourne had seen a large number of rescheduled auctions over the past couple of months, however we have not seen that this week, with auction volumes actually increasing slightly from the initial predicted count," Tim Lawless at CoreLogic said. Of the 129 Melbourne apartment and townhouse auction results reported, 85 per cent were successful. The national apartment clearance rate was 77% from 368 results.