Advertisement
Powered by MOMENTUM MEDIA
lawyers weekly logo
Growth

Sydney auction results strong, Brisbane lags

3 minute read
The Adviser

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

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.

 

default

JOIN THE DISCUSSION

You need to be a member to post comments. Become a member for free today!
You have 0 free articles left this month.
Register for a free account to access unlimited free content, or become a PREMIUM MEMBER to enjoy a wide range of benefits