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Just shy of 2,400 capital city homes up for auction this week

Cityscope has been researching commercial property in the capital city CBD markets of Australia for nearly 50 years. In the past month, new sales transaction data has been released for the markets below.

Cityscope has been researching commercial property in the capital city CBD markets of Australia for nearly 50 years. In the past month, new sales transaction data has been released for the markets below.

Combined capital city auction volumes up 4.7% week-on-week

With the Sydney CBD slowly coming back to life and international and domestic travel once again permitted, plans for three new hotels have been lodged with Sydney Council.

The Australian unit market's performance in 2022 can be split into two acts. The first four months of the year were characterised by an easing

There were 3,356 capital city homes taken to auction last week, the second busiest auction week since the week prior to Easter 2022 (4,035), behind w/e 29th October 2023 (3,381). The preliminary clearance rate came in at 72.3%, -1.7 percentage

Combined capitals set to host busiest week of auctions since before Easter

CoreLogic’s national Home Value Index (HVI) recorded a second consecutive month of value declines in June, down -0.6%, to be -0.2% lower over the June

Auction volumes down slightly across the combined capitals