This week, with Sydney being the busiest capital city for auctions it’s not surprising that all of the busiest suburbs are located within the city. Topping the list with 7 scheduled auctions is Vaucluse, followed by Rose bay (6), while Cronulla, Leichhardt and Randwick will be hosting 5 auctions each.
Around half of all homes up for auction across Australia’s capital cities sold during the first quarter of 2019, with the latest CoreLogic Quarterly Auction Market Review showing a clearance rate of 49.9 per cent across the combined capitals. This is an increase of +6.6 percentage points on the December...
There were 2,268 homes taken to auction across the combined capital cities this week, increasing from 1,976 over the previous week and 1,915 over the same week last year.
Migration data from the Australian Bureau of Statistics (ABS) highlighted that an increasing number of Australian residents were born overseas.
The Melbourne suburb of Richmond is set to be the busiest place for auctions this week with 21 homes expected to go under the hammer. Sydney’s Leichhardt has 16 auctions scheduled, followed by Maroubra (15) and Mosman (14), also in Sydney.
This week 1,978 auctions were held across the combined capital cities, returning a preliminary auction clearance rate of 57.2 per cent. Over the previous week, a final clearance rate of 50.9 per cent across 2,164 auctions was recorded making it the third consecutive week where the clearance rate has held...
The first CoreLogic Quarterly Rental Review for 2019, which tracks median rents and rental yields across Australia, shows that national weekly rents have risen by 1 per cent during the first three months of the year.
Last week the Australian Bureau of Statistics (ABS) released data which showed that household wealth fell over the final two quarters of 2018 as dwelling values fell.
The Melbourne suburb of Bentleigh East is host to the highest volume of auctions this week, with 18 homes set to go under the hammer. Cheltenham, Kew, Mount Waverley, Reservoir and Yarraville, all in Melbourne, are expecting 12 auctions each this week, along with Mosman in Sydney.
There were 2,155 homes taken to auction across the combined capital cities this week, with preliminary results showing a 56.8 per cent success rate.
The CoreLogic hedonic home value index results released today reveal that the pace of declining property values has eased relative to the past four months. However, CoreLogic head of research Tim Lawless noted that the market downturn has become geographically more widespread, with housing values lower across...
This week, all of the busiest capital city suburbs for auctions are in Melbourne. Cheltenham tops the list with 15 homes scheduled for auction, followed by Craigieburn and Northcote each with 14 scheduled auctions.