Business
Sydney auctions fly in big bidding weekend while Melbourne’s ‘dry up’ as stage 4 continues – Domain News
It was a tale of two auction cities at the weekend, with Sydney’s socially distanced market seeing hundreds more properties up for sale than Melbourne’s.
It was a tale of two auction cities at the weekend, with hundreds of properties up for auction in Sydneys socially distanced market, while Melbournes continued to navigate tough, stage 4 coronavirus restrictions.
More than 520 properties were scheduled for auction in Sydney on Saturday, as the harbour city recorded a preliminary clearance rate of 65.9 per cent from 330 reported results on Saturday evening with 83 properties withdrawn from auction.
In Melbourne, where auctions and inspections …
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