Volumes and clearance up in Canberra

Volumes and clearance up in Canberra

  • Strong result from Adelaide
  • Sydney clears 8 in 10
  • All capitals well up on last year


This week, there were 41.5% fewer homes taken to auction across the combined capital cities (1,535 ) with activity significantly lower across Melbourne as the city is brought to a halt amidst the Spring Racing Carnival.

The lower week-on-week activity returned a preliminary auction clearance rate of 73.6%.

There were 254 Melbourne homes taken to auction this week.  The lower volumes saw the preliminary clearance rate fall, with 73.3% of homes selling after last week’s final auction clearance rate of 75.1%.

A preliminary auction clearance rate of 79.4% was recorded across Sydney this week, improving on last week’s final clearance rate of 74.3% per cent. There were 832 auctions held across the city this week.

Across the smaller auction markets, Canberra was the best performing in terms of clearance rates with 74.6% of auctions successful as volumes doubled across the city.  Adelaide followed with 64.9% of auctions returning a successful result.

Get a full rundown of results in all the capitals.  Also a look inside the top sales in Sydney, Melbourne, Adelaide, Brisbane, Canberra and Perth.   Kevin Brogan joins Kevin Turner to present the latest results from Core Logic.

Kevin Turner
No Comments

Post A Comment

Subscribe to Australia’s most listened to podcast now!

Free to join and learn, just subscribe now!

Daily Audio Shows, Video Tips, Commentary and Blogs.