Commercial Auction Results – Week ending 23 February 2018

According to CoreLogic preliminary auction results, the week ending 23rd of February saw 38 properties go up for Auction across Australia. The preliminary figures suggest a clearance rate of 58%, with 22 properties sold prior to, or at, auction. 

The data collected so far by CoreLogic suggests that the cleared auctions were dominated by industrial real estate, at 45%.  

This reflects broader commercial market trends; about 40% of the private treaty and auction transactions combined…