65.3% Success Rate of Homes Sell at Auction

The weighted average preliminary clearance rate rose across a higher volume of auctions this week with 1,813 homes taken to market returning a 65.3 per cent success rate. The higher activity this week comes of the back of the Easter period slowdown which saw only 670 auctions held across the capitals and a 64.8 per cent final auction clearance rate.  

Overall results by property type, saw 70 per cent of units selling at auction this week, which was higher than the combined house result…