- Mixed results across Melb and Syd
- 63% of Melb auctions withdrawn
- Almost all Melb sales happen before auction
There were 1,107 capital city homes taken to auction this week, of the 841 results collected so far, 70.5% were successful results. This week’s preliminary figure is down on the 72.4% preliminary figure last week,which later revised down to 67.6% by final collection.
Last week’s clearance rate was the highest final clearance rate since early March.
This time last year, a higher 1,278 capital city homes were auctioned with a final clearance rate of 71%.
See Eliza Owen’s full analysis.
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