- Melbourne activity remains sluggish
- Sydney exceeds last year activity
- Canberra most successful auction city
This week, the combined capital city preliminary auction clearance rate increased across a higher volume of auctions. There were 1,090 homes taken to auction over the week, up from 648 over the previous week. Of the 822 results collected so far, 71.5 per cent were successful, up from last week’s preliminary figure of 69.3 per cent which later revised down to 64.4 per cent at final collection. Core Logic’s Eliza Owen will break down the individual city results and give her insights into current market conditions.
We broadcast the most comprehensive and up to date report on auction activity around Australia – powered by CoreLogic exclusively on Realty Media’s Real Estate Talk. See all our shows at Realty.com.au