Commercial Auction Results – Week ending 30th June 2017

The final week of June saw a dip in commercial auction activity from the previous weeks. In the week ending the 30th, the preliminary results showed there were 43 auctions held across Australia with a clearance rate of 55.8% this is a lower clearance rate and volume than the preliminary results of the previous week, where 69 auctions were held with a clearance rate of 66.7%.

Of the 24 sold commercial properties in the last week of June, 14 were in NSW, five were in Queensland, four were in…