Commercial Auction Results – Week ending 12th May 2017

CoreLogic captured 12 commercial auction results across Australia between the 6th and the 12th of May. These preliminary results had a clearance rate of 92%, with just one auction passing in at Arrawarra, on the north-coast of New South Wales. The passed in property was a hotel/leisure spot. Some such properties may be impacted by seasonality. Compared with the same week in 2016, the preliminary auction results show far less auctions, signifying lower stock availability.

Eliza…