Not a bargain, but not excessive, either: 13 St Vincent Place, Albert Park, sold for $5.1 million.

Auctions end the year with a bang

The last big auction weekend followed the pattern of the year with buyers fuelled by low interest rates competing for a small number of properties.

Fed surprise would be 'dreadful'

The market would be shocked if the Fed failed to tighten policy on Thursday as attention shifts to the likely path of US rates in 2017.