09 Dec VIDEO – Still a strong seller’s market
• Clearance rate sturdy on increased numbers
• Market has ‘depth’
• Houses outperform unitsThere were 2,837 homes taken to auction across the combined capital cities this week, returning a preliminary auction clearance rate of 74.5 per cent.
In Melbourne, a preliminary auction clearance rate of 75.3 per cent was recorded across 1,491 auctions this week, while last week there were 1,533 auctions.
There were 936 auctions held in Sydney this week, returning a preliminary clearance rate of 78.1 per cent.
Across the smaller auction markets, Adelaide had the highest volume of auctions with 146 homes going under the hammer, returning a preliminary clearance rate of 61.8 per cent.
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. Tim Lawless joins Kevin Turner to present the latest results from Core Logic. Also Cate Bakos joins the show to talk about the key things you can uncover from the agent before the day of auction.
You don’t have to be all at sea when you are preparing to go to an auction to bid – key things you can uncover from the agent before the day of auction