Auction Results 14 Oct 2017

The preliminary auction results are in from Domain. The trend continues with lower volumes but still strong clearance rates in the main centres, and with Melbourne leading the charge.

Away from the Sydney/Melbourne axis, Brisbane cleared 48% of 121 scheduled auctions, Adelaide achieved a 79% result on 72 scheduled auctions and Canberra 68% of 47 scheduled.

Auction Results 30 Sep 2017

The preliminary auction clearance results are in from Domain. Given it is a long weekend, the number of sales are way down on last week.

Brisbane cleared 47% of 78 scheduled, Adelaide had no sales on 8 listed, and Canberra cleared 73% of the 35 scheduled auctions.

Auction Results 23 Sep 2017

The preliminary auction results from Domain are in, and Melbourne is still leading Sydney significantly. Sales Volume appear lower compared with last week, and this time last year. We will see where the final counts settle later. This confirms our view that momentum continues to ease.

Brisbane cleared 50% of 94 scheduled auctions, Adelaide 78% of 91 auctions, (above even Melbourne), and Canberra 65% of 65 scheduled.

Auction Results 09 Sep 2017

The preliminary auction results are in from Domain.  It looks like a higher listing count and perhaps a higher clearance rate. Further evidence the market is far from dead!

Brisbane though cleared just 47% of 94 scheduled auctions, Adelaide 73% of 56 scheduled auctions (lots of interest from interstate investors) and Canberra 71% of 57 scheduled auctions.

Latest Auction Results – On The Skids?

Domain has published their preliminary auction clearance results for 2nd Sept 2017.  Normally the start of spring marks an increase in momentum, but it looks as if weakness in Sydney is starting to show, despite banks cutting their lending rates for some new business. Melbourne continues to look pretty strong, but overall results are likely to be lower than this time last year.

Brisbane cleared 41% of 94 scheduled auctions, Adelaide 61% of 59 scheduled auctions and Canberra achieved 66% of 55 auctions.

Auction Results 26 Aug 2017

The preliminary results from Domain continue to show momentum, with Melbourne still leading the charge, and a national clearance rate above 70%, down a bit on last year on lower volumes.

Brisbane cleared 46% of their scheduled 104 auctions, Adelaide 89% of their 46 scheduled, and Canberra 73% of their 61 scheduled auctions.

Auction Results 19 Aug 2017

Domain has released the preliminary auction clearance results for today. Melbourne looks like it is leading the way at 78.3% clearance, ahead of Sydney. Still seems to be momentum in the main centres.

Brisbane achieved 50% clearance on 100 scheduled auctions, Adelaide 67% on 67 scheduled, and Canberra 74% of 37 scheduled auctions.

 

Auction Results 12 Aug 2017

The preliminary results from Domain are out, and, yes, we still have momentum so far as auction clearances are concerned. Sydney has a higher clearance rate at 73.7% compared with Melbourne, at 71.7, but more property continues to be sold in Melbourne. Most of the action remains in these two main centres.

Brisbane cleared just 41% of 78 scheduled auctions, Adelaide did a little better at 62% of 64 scheduled, and Canberra achieved a massive 91% clearance on 51 scheduled auctions. In fact, on several metrics the Canberra market could be said to be the most buoyant – helped by the Public Sector pay rises!

Things may change a bit a the results are finalised over the next few days. But seems to support our view that the market remains quite hot.

Auction Results 05 Aug 2017

The preliminary results from Domain are in, and they show a slowing of the volume of auctions on offer. Clearance rates though remain quite healthy.  Melbourne at 73.7% leads the charge, with 420 sold. Significantly higher than Sydney. Nationally 738 were sold, compared with 946 last week and 789 last year.

Brisbane cleared 55% of 98 auctions, Adelaide 67% of 31 auctions and Canberra 67% of 52.

Auction Results 29th July 2017

The preliminary results from Domain tell the same story, slowing volumes, but quite firm clearance rates. Melbourne is leading the charge with 76.2% clearance on 578 auctions, higher than last year.

Brisbane cleared 55% of 106 scheduled auctions, Adelaide 70% of 54 auctions and Canberra 90% of 37 scheduled.