Commercial Auction Results – Week ending 22 September 2017

The preliminary auction results for the week ending 22nd of September suggest there were 59 commercial auctions across Australia. This is higher than the 39 commercial auctions held in the previous week. The preliminary clearance rate was 69.5%, as 41 non-residential properties were recorded as cleared at auction. This was also a higher clearance rate than the previous week, which was just 48.7%.

Of the 59 auction events captured by CoreLogic, 27 were held in New South Wales, and 23 were…