When you’re looking to buy or sell real estate, regardless of what State in Australia you’re concerned with, auction clearance results are used as a barometer. They of course do not tell a complete story, they do not distinguish between luxury real estate or those under $500,000 (or any price at all for that matter) and they do not indicate the type of dwelling, or of course the condition.
Nevertheless, in context, these results can be used as one of the many tools available to you for understanding the current state of the Australian property market.
Week Ending April 5
(statistics not recorded for ANZAC Day weekend)
Week Ending April 19
Week Ending April 26
Marquette Turner Luxury Homes