Melbourne finished the last weekend of October on a strong note, with close to 1,700 property auctions held on Saturday in what Domain reports is a new record for the Victorian capital.
And the city's clearance rate continued to hold up well, reaching 72% by Saturday evening.
It was, however, a different story once again north of the border, where less than 65% of 992 listed Sydney auctions successfully cleared over the weekend according to Domain. This is around 10-15% down on spring figures for last year.
And in what looks to be a sign of a cooling market, Sydney buyers were treated to a couple of rare sub-$400,000 auction sales.
In Ashfield in Sydney's inner west, a 1br brick unit with no parking sold at auction for $365,000, well below the suburb's median of $575,000 for single-bedroom apartments.
In the greater Sydney region, a 1950s era 2br house on a 1,450sqm block in Lawson in the Blue Mountains fetched $360,000.
Despite these rare affordable sales, however, Sydney overall remains a challenging market to buy into, particularly for first home buyers, with Domain reporting an auction median price of $1.31m for the weekend. A split-level, 2br weatherboard semi in Balmain sold for this price.
At the top end of town, an architecturally designed 5br house in Waverton sold under the hammer for $7.168m, Sydney's highest reported sale price for Saturday.
The inner south-eastern suburb of Malvern East was the site of Melbourne's most expensive disclosed auction sale, when a 5br, 1,384sqm house fetched $6.125m. The three-year-old residence includes a north-south tennis court and swimming pool.
Buyers looking for something a little more affordable headed to Brunswick West, where a 1br brick unit with parking sold for $237,000, Melbourne's cheapest reported auction sale.
In neighbouring Pascoe Vale South, a freestanding 4br, 552sqm home in need of updating sold for $880,000, which Domain reports was Melbourne's auction median for Saturday.
Also nearby in Strathmore, a freestanding 3br house with double lock-up garage sold for this price, notably lower than the suburb's $1.12m median for three-bedroom homes.