Commercial Auction Results – 31st March 2017

CoreLogic captured 35 auction results across Australia in over the 25^th to the 31^st of March. The preliminary clearance rate for the week was 85.7% across Australia, 100% in NSW and 92.9% in Victoria. Queensland also saw one sale at auction and one property passed in.

While the preliminary results show listings are 30% down on the same week in 2016, the clearance rate is significantly higher. Last week saw 30 cleared auctions with a combined value of $86 million, compared to just 25 sales…