Auction clearance rates hit 78 per cent in Sydney over the weekend with a total sale price of over $35 million, according to Australian Property Monitors.
Of 96 properties put up for sale, 76 went under the hammer with a medium sale price of $457,500. The result compared with the 51 per cent clearance rate achieved last weekend.
In Brisbane, a clearance rate of 38 per cent was achieved with 6 of 14 properties put up for sale finding a buyer. The rate was five percentage points higher than last weekend’s results.
You’re out of free articles for this month
To continue reading the rest of this article, please log in.
Adelaide registered 14 sales over the weekend with a clearance rate of 43 per cent.
Tags: