VIDEO – Volumes fall as clearance rises

There were 1,654 homes taken to auction across the combined capital cities coming into the first week of Winter. The lower volumes saw the preliminary auction clearance rate rise to 61.5 per cent after last week’s 57.7 per cent final clearance rate, the highest final result in over a year. Melbourne and Sydney both saw preliminary clearance rates rise this week; both in the mid-60 … Continue reading VIDEO – Volumes fall as clearance rises

VIDEO – Final clearance rate holds up

Brave sellers rewarded last week Uncertainty reflected in auction numbers Low numbers will increase competition   Last week The combined capital cities returned a 57.7 per cent final auction clearance rate last week, which was the strongest final result seen in over 12 months.  The improved clearance rate was across a higher volume of auctions over the week, with a total of 2,055 homes taken … Continue reading VIDEO – Final clearance rate holds up

80,000 reasons the market might struggle + It’s called a ‘unicorn sale’ for a reason + Sleeping in a prison cell and more!

We’re back with Nicola McDougall and Kevin Turner as they discuss interesting property stories for this week. According to experts, Australia’s shock federal election result may boost overseas real estate investments into the country. With a majority government, investors are regaining certainty in the market and real estate funds may choose to divert capital to Australia from less stable global investments. Given that the U.K. … Continue reading 80,000 reasons the market might struggle + It’s called a ‘unicorn sale’ for a reason + Sleeping in a prison cell and more!

VIDEO – 5 days to better data – Sarah Bell

One of the most common questions on every real estate agent’s mind is “What CRM should I use?” But what if we told you that due to the burst of new technologies and how complicated it is to set them up with various CRM apps, asking which CRM you should use is not the best use of your time. Instead, focus on how you can … Continue reading VIDEO – 5 days to better data – Sarah Bell

VIDEO – Sydney gets top sale and top clearance rate

There were 2,041 homes taken to auction across the combined capital cities this week after the previous week saw volumes drop to 930, likely due to the federal election. This time last year, volumes were higher with 2,297 auctions held.   Preliminary results show a clearance rate of 62.6 per cent across the combined capital cities this week. In Melbourne, a preliminary auction clearance rate of … Continue reading VIDEO – Sydney gets top sale and top clearance rate

Auction numbers double as clearance climbs

8 month clearance rate record Almost 2,000 auctions this week Market confidence returns   Last week Last week, the combined capital city final auction clearance rate surpassed the previous week as the highest final weighted average result since September 2018, with 55.2 per cent of homes reported as selling. The improved clearance rate however was across a lower volume of auctions over the week, with … Continue reading Auction numbers double as clearance climbs

Property ‘shock’ after election + The house that's cheaper than a car + Dirty money in property and more!

We’re back with Kieran Clair and Kevin Turner as they discuss interesting stories in the real estate industry this week. Housing sentiment is set to increase after The Coalition’s shock win at the elections. The party has pledged to leave key housing tax breaks untouched and experts are expecting a rebound to Australia’s property markets. With Labor’s plan to restrict negative gearing, raise capital gains … Continue reading Property ‘shock’ after election + The house that's cheaper than a car + Dirty money in property and more!

VIDEO – Will Tech replace the Auctioneer? – James Bell

All technology has limitations. An autopilot mode allows you to fly and land aeroplanes, but no sane passenger would use one without an actual pilot. Driverless cars still need drivers. But what about tech and online bidding? Can they replace the auctioneer? We ask The Auction Group’s James Bell to discuss this with us in the latest episode of TechTalk. There’s always talk about automation … Continue reading VIDEO – Will Tech replace the Auctioneer? – James Bell

VIDEO – Buyer spends up big for Sydney site

There were fewer homes taken to auction across the combined capital cities this week, as the nation stopped amidst the Federal election hype. Of the 917 homes that did go to auction this week, preliminary results show that 57 per cent were successful. Over the week prior, 1,218 homes were auctioned and the final auction clearance rate came in at 54 per cent; the highest … Continue reading VIDEO – Buyer spends up big for Sydney site

…and the market holds its breath!

  …and the market holds its breath!   Election almost halves auction numbers Last week clearances remain above 50% The tail begins to wag the dog     Last week   Final auction results for last week show that 1,218 residential homes were taken to auction with a 54 per cent final auction clearance rate; the highest final auction clearance rate seen since mid-September last … Continue reading …and the market holds its breath!