Group 1: Property Auction Results - A modern residential property in Centennial Park sold for 11 million AUD, attracting four local buyers who engaged in competitive bidding, starting from a guide price of 10 million AUD [1][3] - In Kingsford, a six-bedroom family home sold for 4.67 million AUD, significantly above its guide price of 3.9 million AUD, with six out of eight registered buyers participating in the auction [4] - A one-bedroom apartment in Lavender Bay sold for 840,000 AUD, exceeding its guide price of 790,000 AUD, despite not having a parking space [5][7] Group 2: Market Trends and Insights - The auction clearance rate reported by Domain Group was 70.3%, indicating a stable market environment, with a slight decrease in the number of properties listed compared to the previous year [8] - AMP's chief economist noted that the decline in interest rates and expectations for further cuts are stimulating housing demand, despite the market not experiencing a full-blown surge [8] - The average time for homes to be listed has increased compared to last year, with buyers now more inclined to secure new homes before selling their existing properties [3]