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Australian Capital City Auction Clearance Results: August 2009

by Marquette Turner Luxury Homes

in Features, Money & Business, News & Views, Real Estate Radar, Variety

In our monthly auction clearance rate article, we show the auction results as compiled by RP Data to encompass Sydney real estate, Melbourne real estate, Brisbane real estate, Canberra real estate, Tasmanian real estate, Adelaide real estate and Perth real estate.

Auction results for real estate can often be skewed to say anything and should be read in the context of wider market conditions.

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image of Hobart, Tasmania courtesy of base11.com.au

Whether selling at auction, under auction conditions, prior to auction, or soon after the auction campaign, the impact of marketing a property for “auction” has a substantial impact.

That’s why Marquette Turner Luxury Homes show clearance rates for all Australian cities together, and on a month-to-month basis, to provide a somewhat bigger picture.

We add no comment to them individually within the results article, but simply like to remind you that the results should be measured in the context of many other elements of the property market and economy.

Week ending August 30, 2009

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Week ending August 23, 2009

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Week ending August 16, 2009

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Week ending August 09, 2009

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Week ending August 02, 2009

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Simon2.jpg Simon Turner

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