Auction Results 17 June 2017

The preliminary auction results for 17 June 2017 from Domain, show a national clearance rate of 71.3% with 1,041 sold, up from last week which was a long weekend, but lower than this time last year.

Sydney cleared 69.6% with 418 sold, compared with 72.2% with 654 sold this time last year. In Melbourne, 75.3% cleared with 549 sold compared with 69.2% with 654 sold this time last year. So some easing is visible.

Brisbane cleared 44% of 97 listed, Adelaide 80% of 72 listed and Canberra 55% of 53 listed.

 

Auction Results Long Weekend Dive

The preliminary data from Domain shows that yesterdays auction clearance volumes were down, to 413 nationally compared with 1,303 last week. However clearance rates are still sitting around 70%.

Brisbane cleared 60% of 87 scheduled, Adelaide cleared 68% of 45 scheduled, and Canberra cleared 63% of 31 listed.

Auctions – High Clearance Rate On Lower Volumes Today

The preliminary results from Domain are out and show continuation of trend with high clearance rates, but on lower volumes.

Sydney cleared 74.3% compared with 70.6% last week, with 445 sold. Melbourne cleared 75.9% compared with 73% last week, with 602 sold, and nationally, 74.2% or 1,139 sold compared with 70.1% 1,423.

Brisbane cleared 50% of 104 scheduled auctions, Adelaide 73% of 74 scheduled and Canberra 73% of 65 scheduled auctions.

Yet Another Bumper Saturday!

The preliminary auction clearance results are in from Domain. Nationally 1,222 properties sold, compared with 1,496 last week. This equates to a clearance rate of 74.8% compared with 72.9% last week, and 66.8% a year ago. So volumes down a little, but bumper sales.

Melbourne led the charge (again) with a 76.6% clearance rate with 679 sold, compared with 792 last week and 700 a year ago. Sydney hit 75.9% with 453 sold compared with 565 last week at 75.9% compared with 72% last week and 65.9 last year.

So whilst volumes may be down a little, there are plenty of buyers still wanting to close a deal!

Brisbane cleared 42% of the 110 scheduled auctions, Adelaide 62% of 69 scheduled, and Canberra 78% of 78 scheduled.

Auction Results May 20th 2017 Still Hot

The preliminary results from Domain continue to show strong rates of clearance on good volume. No signs of the main Sydney and Melbourne markets faltering yet.

The national clearance rate was 77.6% compared with 73.9% last week, and 69% a year ago. The number sold was 1,314, higher than last week at 1,286 and last year 984.

Sydney cleared 76.9% with 512 sales, compared with 73.8% on 512 last week and 375 last year. Melbourne cleared 79.2% with 688 sales compared with 75.4% and 654 last week and 497 last year.

Brisbane cleared 62% of 110 scheduled auctions, Adelaide 70% of 86 scheduled auctions and Canberra 75% of 66 scheduled.

Auction Results For Today

The preliminary auction results from Domain for 13th May 2017 show continuing momentum in the major markets of Melbourne and Sydney.

Melbourne sold 593 properties at a clearance rate of 78.1%, compared with 466 last week at 74.6%. Sydney sold 445 at a rate of 79.3% compared with 366 at 70.6% last week. Both higher than this time last year.

Nationally, 1,153 sold at a rate of 78.1%, compared with 822 at 74.6% last week and 977 at 70.3% last year.

Brisbane cleared 55% of 69 scheduled auctions, Adelaide 62% of 74 scheduled and Canberra 78% of 72 scheduled auctions. So no obvious signs of a serious fall in transactions at the moment.

Auction Numbers Down

The preliminary data from Domain shows that the number of listings are down, though clearance rates are still quite high. Nationally, 721 properties were sold, compared with 1,286 last week and 1,043 a year ago.  Looks like momentum is indeed easing.

This equates to a 74.3% clearance compared with 73.9% last week and 66.8% a year ago. Sydney achieved 265, at 73.6% compared with 539 at 75.3% last week, and Melbourne sold 721, compared with 1,286 last week,  at 78.7% this week and 76.1% last week.

Brisbane cleared 55% of 69 listings, Adelaide 62% of 74 listings and Canberra 55% of 36 listed.

Auction Clearance Rates Still High, But On Lower Volumes

The preliminary auction clearance results are in from Domain. Nationally, it stands at 79.5% on 1,111 sales, compared with 71.8% last week and 69.7% a year ago. Melbourne has greater volume with 645 sold, at a rate of 81.7%, compared with 74.5% last week and 72.6% last year. Sydney cleared 388 at 80.3%, higher than last week.

Brisbane cleared 53% on 85 listed, Adelaide 73 on 65% and Canberra 58 on 64%.

So to real evidence to suggest a slowing market.

Latest Auction Results Still Uptempo

The preliminary auction clearance results today from Domain continue the trend of high clearance rates, even if absolute volumes were down a little from the highs of last week.

Sydney achieved 81.3% with 479 sales, compared with 74.4% last week on 591 sales. Melbourne achieved 80.5% on 627 sales, compared with 75.9% last week on 975 sales. The national clearance rate was 79.4%, compared with 73.7% last week and 65% last year.

Brisbane cleared 62% of 99 scheduled auctions, Adelaide 79% of 73 scheduled and Canberra 60% of 48 auctions.

Auction Run Continues

The latest preliminary data from Domain shows continuing momentum in today’s auction results.

Sydney achieved a clearance of 80.2% compared with 76.7% last week, and 61.4% last year. The volumes are also up. In Melbourne, clearance was 79.5%, higher than the 75.3% last week and nationally, clearances were at 78% compared with 73.8% last week.

Our surveys suggest that investors are rushing to purchase ahead of the upcoming budget in May, as they fear the generous tax breaks may disappear. First time buyers are being beaten to the punch.

Brisbane achieved 47% on 138 auctions, Adelaide 64% on 79 scheduled and Canberra 77% on 78.