The five cheapest property deals of the week around Australia

Clearance rates in the auction capitals of Sydney and Melbourne have lifted a little, with bargains under the hammer contributing to a softening market that still improved its week-on-week performance.

The clearance rate in Sydney is up a touch after dipping below 50 per cent.

On the weekend, Sydney clocked in on Saturday at 54.2 per cent – a boost on 49 per cent the week prior.

In Melbourne, the clearance rate hit 55.9 per cent (up on 51.5 per cent).

The cheapest deals recorded over the weekend, as reported to Domain, included a humble one-bedroom apartment in the ACT has made $90,000 in eighteen months for the vendor, and a fresh, family-sized Adelaide property for under $500,000.

3/63 Albert St, Hornsby, New South Wales

SOLD - $532,000

3/63 Albert Street, Hornsby NSW 2077

1

1

1

View property

One bedroom, one bathroom, one car space
Sold for: $532,000
Last sold for: data not available
Need to know: One of eight apartments in the block, with a north-facing balcony.

3/4 Tyrone St, Werribee, Victoria

Two bedroom, one bathroom, one car space
Sold for: $290,000
Last sold for: $200,000, April 2015
Need to know: Floating timber floorboards, concrete courtyard and in the zone for Werribee Secondary College.

36 Winzor St, Salisbury, South Australia

SOLD - $460,500

36 Winzor Street, Salisbury SA 5108

3

2

1

View property

Three bedroom, two bathroom, one car space
Sold for: $460,500
Last sold for: $155,000, September 2003
Need to know: Built in 1972 and on a 770-square-metre block, the brick home has had gentle updates over the years.

50 Ashvale St, Kingston, Queensland

SOLD - $500,000

50 Ashvale Street, Kingston QLD 4114

4

3

4

View property

Four bedrooms, three bathrooms, four car spaces
Sold for: $500,000
Last sold for: $320,000, July 2014
Need to know: Currently vacant, near private and state schools, on a secure 642 square metres.

317/100 Gungahlin Place, Gungahlin, Canberra

SOLD - $349,500

317/100 Gungahlin Place, Gungahlin ACT 2912

1

1

1

View property

One bedroom, one bathroom, one car space
Sold for: $349,500
Last sold for: $260,000, October 2020
Need to know: In the heart of the shopping village, with stone benchtops, tiled bathroom and a balcony.