With 4 properties selling prior to auction and 2 under the hammer, last week’s local clearance rate jumped to 54.5% or 6 out of 11 auctions. The Sun Herald’s Sydneywide clearance rate was below us for a change at 48%.
With 10 years of real estate experience in Cronulla, this year I wanted to further commit to the industry that has treated me so well, by becoming a fully Licensed Read Estate Agent and Auctioneer.
You will now find me at Beach & Bay Realty, a boutique agency located just off the mall in Purley Place. [...]
Last week’s auction clearance rate was much improved with 6 out of 15 properties selling, a local clearance rate of 40%. The Sun Herald’s Sydneywide figure was 47%.
Locally in detail:
4 sold at auction, 1 sold prior, 1 sold just after the auction, 2 passed in, 4 vendor bids, 1 no bid, 2 withdrawn.
It was a [...]
This week saw an almost carbon copy of last week’s auction results with only 3 out of 14 auctions having a successful result (21% clearance rate). On a positive note, 2 out of the 3 properties that were sold, were sold prior to auction.
The Sun Herald is quoting a 49% clearance rate Sydneywide…
I think it [...]
Out of 17 auctions last week, 3 sold, 2 of these were sold prior. This is a 17% clearance rate for our area (Sun Herald’s Sydneywide was 47%). Selling at auction at the moment is nearly as hard as picking a Melbourne Cup winner.
I might have raved on about this months ago but I think it is important. Australian Property Monitors (APM) or Home Price Guide provides the sale prices and statistics for The Fairfax Group including Leader Domain, SMHerald, domain.com.au and any other Fairfax publication. In fact when you go to their website http://www.homepriceguide.com.au/ it states;
“APM [...]
At this time in the quarter all small businesses should just have paid their 1st quarter 9% compulsory superannuation guarantee payments.
For those people like myself who have to make these payments, this can be a very frustrating time:
1) Because under “CHOICE” I have to send the money into about 10 different funds using about 5 [...]
Last week there were 6 properties going to auction on Saturday 25th October but 2 were rescheduled to a November auction date. Out of the 4 auctions that went ahead 2 were sold. Our 50% clearance rate compares with the Sun Herald’s Sydneywide clearance rate of 46.1%.
This week 17 auctions are scheduled.
We are only days [...]
