Commercial Auction Results – Week ending 19th May 2017

The third week in May 2017 saw 41 records captured by CoreLogic, with a preliminary clearance rate across the country of 85.4%. The preliminary results show that sales were dominated by the industrial sector, with 42% of cleared auctions comprised of warehouses, and combined warehouse and office spaces. Of these, there were 9 sales in New South Wales, 4 sales in Victoria, 1 in Tasmania and 1 in Western Australia.

The next highest frequency of sale was in the retail space, which saw 11…