• National prelim clearance of 82%
  • Brisbane is a big improver
  • Sydney powers on

There were 2,451 homes taken to auction across the combined capital cities this week, up from 2,128 over the previous week. 

 In Melbourne, 1,273 homes were taken to auction this week, of the 1,091 auction results collected so far, 77.7 per cent were reported as successful.   Sydney was host to 844 auctions this week, returning a preliminary clearance rate of 88.9 per cent.  

Across the smaller cities, Canberra recorded the highest preliminary clearance rate at 84.7 per cent, followed by Adelaide (82.5 per cent) and Brisbane (79.0 per cent).

Watch the most comprehensive and up to date report on auction activity around Australia – powered by CoreLogic – with Eliza Owen exclusively on Realty Media’s Real Estate Talk.  See all our shows at Realty.com.au

 

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