Commercial Auction Results – Week ending 21st September 2018

CoreLogic’s preliminary auction results for the 2 week period ending 21st September 2018 saw 61 commercial properties taken to market across Australia. The preliminary figures suggest a clearance rate of 50.82% with 31 properties sold prior to, or at, auction.

Industrial property sales were reported as lower this fortnight whilst retail type property sales were higher than usual, accounting for 40% of properties sold.