Mixed Auction Results May 26, 2009

Last weeks local auction results involved several last minute withdrawal of properties and wrong signage and generally caused a bit of confusion. At this stage it seems that 3 properties were withdrawn from their auction campaign and are now being advertised for sale. For the other 6 properties scheduled for auction last week, 3 sold under the hammer, 2 sold prior and 1 was passed in with a vendor bid. Overall our local result was good with a 55% clearance rate compared with the Home Price Guide Sydneywide figure of 60%.

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