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Sydney auction results strong, Brisbane lags

Staff Reporter 1 minute read

Auction clearance rates jumped to 71 per cent in Sydney over the weekend, according to Australian Property Monitors.

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This compared to Brisbane’s 17 per cent, where only two properties up for auction reached sale.

Nationally, of 206 auctions 129 properties were sold – a clearance rate of 61 per cent. Total sales equated to $51,198,556 with an average price of $410,000.

 

Sydney auction results strong, Brisbane lags
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