The chance to buy in one of Australia's most iconic seaside suburbs was just too good an opportunity to pass up for one weekend buyer.
A vacant block of land close to the Brighton seafront in Melbourne fetched a staggering $3,160,000 on the weekend.
Listing agent Nick Johnstone advised prospective buyers to "ring your builder and put your mark on Brighton's best development opportunity".
Sydney also produced some big numbers and secured yet another $5 million sale to take the title of most expensive auction result last weekend. The property in question? A six-bedroom, four-bathroom federation home in harbourside Mosman.
Described as "a generous family home of rare distinction" by listing agency Simeon Manners, the home has been restored to preserve its "original beauty, history and architectural integrity".
The 901-square-metre grounds feature a swimming pool and children's play equipment.
The home sold for $5,375,000.
The most expensive homes in each of Australia's busiest auction markets from the last weekend are listed below.
Sydney: 1 Elfrida Street, Mosman, NSW 2088
Sale price: $5.38 million
Mosman's median house price: $2.85 million
Listing agent: Simeon Manners
Melbourne: 22 North Road, Brighton, VIC 3186
Sale price: $3.16 million
Brighton's median house price: $2.02 million
Listing agent: Nick Johnstone Real Estate
Canberra: 3 Newman Street, Yarralumla, ACT 2600
Sale price: $2.21 million
Yarralumla's median house price: $1.14 million
Listing agent: Peter Blackshaw Real Estate Manuka
Brisbane: 40 Nelson Place, Carindale, Qld 4152
Sale price: $1.18 million
Carindale's median house price: $751,444
Listing agent: Belle Property Bulimba
Adelaide: 78 Alexandra Avenue, Rose Park, SA 5067
Sale price: $1.57 million
Rose Park's median house price: $1.22 million
Listing agent: Belle Property Unley