
Australian home auction clearance rates declined this week as expectations of a possible central bank interest-rate increase later this month weighed on the residential property market.
10:56 PMBloomberg Markets2 stories from 2 sources
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Australian home auction clearance rates declined this week as expectations of a possible central bank interest-rate increase later this month weighed on the residential property market.
10:56 PMBloomberg Markets
Families and friends in Melbourne pooled their money, time and design expertise to replace a single ageing house with three architect-designed townhouses. The Davison Collaborative in Brunswick increased the site’s density while creating a closely connected group of neighbouring households.
4:00 PMThe Guardian Art and Design
Summary
Australian home auction clearance rates declined this week as expectations of a possible central bank interest-rate increase later this month weighed on the residential property market.
The immediate shift is weaker auction demand as buyers price in higher borrowing costs. Sellers
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Falling clearance rates signal that renewed rate-hike expectations are starting to constrain housing activity.

Summary
Families and friends in Melbourne pooled their money, time and design expertise to replace a single ageing house with three architect-designed townhouses. The Davison Collaborative in Brunswick increased the site’s density while creating a closely connected group of neighbouring households.
The project shows how small-scale, resident-led redevelopment can add housing without relying on large apartment
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Pooling ownership and redevelopment could offer a practical, community-based way to add housing in expensive inner suburbs.
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