- All caps over 80% prelim clearance
- Almost ‘perfect’ result in Canberra
There were 1,587 capital city homes taken to auction this week. Of the 1,311 results collected by CoreLogic so far, 84.5% have reportedly sold. The lower volumes this week can be attributed to the four of the states and territories welcoming a public holiday on Monday, including Melbourne where volumes are down substantially over the week.
According to preliminary figures, all of the smaller auction markets saw over 80% of auctions successful this week, Canberra returned the highest preliminary figure of 91.5%, followed by Brisbane (82.3%), Perth (81.8%) and Adelaide (81.7%).
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