Commercial Auction Results – Fortnight Ending 15 March

The latest data collected for CoreLogic’s preliminary auction results show there were 57 commercial properties taken to auction, of which 35 were recorded as sold at auction, providing a clearance rate of 61.4%.

New South Wales and Victoria continue to deliver strong results achieving auction clearance rates of 62.9% and 63.6% respectively.

Whilst torrens titled commercial property of broad use type industrial had the highest clearance rate in 2018, the start of 2019 has recorded…