Sales volumes may have reduced, but that didn't stop the multi-million-dollar deals at auctions across the country last weekend.
Sydney took the crown for the highest number of multi-million-dollar home sales over the past weekend. The city’s auctioneers sold 270 properties for more than $1 million, with 36 in the $2 million range, 10 in the $3 million range and one in the $5 million range, according to APM PriceFinder.
A six-bedroom, five-bathroom mansion in the inner-west suburb of Strathfield took out the title for most expensive result of the weekend, selling for $5.85 million.
The house, described by listing agent Devine Real Estate as an "heirloom for generations to enjoy", features 1,461 square metres of landscaped grounds, a full-sized tennis court, pool and self-contained summer house.
The best results for each of Australia's recorded auction markets are listed below (listed in order of market size).
Sold price: $5.85 million
Strathfield's median house price: $1,967,500
Sold price: $1.55 million
New Farm's median house price: $1,376,000
Sold price: $1.3 million
Glenelg South's median house price: $720,800
Sold price: $2.25 million
Griffith's median house price: $1,162,500