• Numbers double Y.O.Y.
  • Sydney shows signs of slowing
  • Adelaide delivers top clearance

The combined capital cities have seen 3,033 homes taken to auction this week, the second busiest auction week so far this year.   There have been 2,533 results collected so far this week, returning a preliminary auction clearance rate of 81.0 percent. This is down only slightly from the previous week when a preliminary clearance rate of 81.8 percent was recorded.

Melbourne was host to 1,474 auctions this week, the third busiest auction week the city has seen so far this year.  In Sydney, 973 homes were taken to auction this week, up from 916 over the previous week while across the smaller auction markets, Adelaide recorded the highest preliminary clearance rate at 90.5 percent, followed by Canberra (87.2 percent), Brisbane (80.2 percent) and Perth (42.9 percent). 

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 Realty Talk.  See all our shows at Realty.com.au

No Comments

Leave a Reply