{"id":28312,"date":"2020-06-15T12:20:38","date_gmt":"2020-06-15T02:20:38","guid":{"rendered":"https:\/\/realestatetalk.com.au\/?p=28312"},"modified":"2020-06-15T12:20:38","modified_gmt":"2020-06-15T02:20:38","slug":"best-results-in-2-months","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/best-results-in-2-months\/","title":{"rendered":"Best Results in 2 months"},"content":{"rendered":"<p>&nbsp;<\/p>\n<ul>\n<li><b>Both volume and clearance rise<\/b><\/li>\n<li><b>Canberra stands out<\/b><\/li>\n<li><b>Brisbane records over 50%<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">The week saw the combined capital city preliminary auction clearance rate improve with 63.3% of homes selling at auction over the week. The higher clearance rate was against a higher volume of auctions, with 1,164 properties scheduled for auction; the busiest week for auctions since the week ending 19 April. Last week, there were 711 scheduled auctions with a preliminary clearance rate of 59.8%, later revising down to 56.2% at final figures. While volumes remain lower than one year ago, the gap was less significant this week, with 1,505 auctions held one year ago when 61.8% cleared.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Both Melbourne and Sydney returned preliminary clearance rates above 60% this week, with Sydney the best performing of the two largest cities.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">There were 474 Melbourne homes taken to auction with a 61% success rate, which was more than double the volume of auctions held last week (195) when a final clearance rate of 60.1% was recorded.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Sydney\u2019s preliminary figures saw 67.3% of homes successful at auction last week with 532 auctions held across the city, higher than the 398 last week when 56.8% sold.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Across the smaller auction markets, the performance was mixed. Canberra was the standout performer across cities, with a preliminary auction clearance rate of 75.8%, while only 20% of Perth auctions reported a successful result.<\/span><\/p>\n<p><b>We broadcast the most comprehensive and up to date report on auction activity around Australia &#8211; powered by CoreLogic &#8211; every Friday and Monday.\u00a0 Watch Kevin Brogan\u2019s reports exclusively on Real Estate Talk\u2019s Auction Update and a look inside some of the nation\u2019s most recently sold auction properties. <\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Both volume and clearance rise Canberra stands out Brisbane records over 50% The week saw the combined capital city preliminary auction clearance rate improve with 63.3% of homes selling at auction over the week. The higher clearance rate was against a higher volume of&#8230;<\/p>\n","protected":false},"author":176692473,"featured_media":28320,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"video","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,32,34,10,11,13,36,22,24,25,27,29],"tags":[70,131],"class_list":["post-28312","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-auction-update","category-buying-a-property-topic","category-finance-topic","category-kevin-turner-sponsored-channels","category-kevin-update","category-latest-story","category-property-investment-topic","category-research-topic","category-shows","category-sponsored-channels","category-trends-topic","category-video","tag-featured","tag-videos","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Best Results in 2 months - Realty Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/channels.realty.com.au\/realtytalk\/best-results-in-2-months\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Best Results in 2 months - Realty Talk\" \/>\n<meta property=\"og:description\" content=\"&nbsp; Both volume and clearance rise Canberra stands out Brisbane records over 50% The week saw the combined capital city preliminary auction clearance rate improve with 63.3% of homes selling at auction over the week. 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