Commercial Auction Results – Week ending 8 June 2018

According to CoreLogic preliminary auction results, the week ending 8th of June saw just 13 commercial properties go up for auction across Australia. The preliminary figures suggest a clearance rate of 84.6%, with 11 properties sold prior to, or at, auction. 

The data collected so far by CoreLogic suggests that the cleared auctions were dominated by industrial property types, with 6 sales. 

While the number of auctions is likely too small to provide a meaningful insights (for example, an…