Some areas of Australia have more property auctions than others, as a percentage of total sales.
The figures below, for property sales during Monday 2nd Sep – Sunday 8th Sep 2019, show the differences for each State or Territory.
Victoria seems to be … Read the rest
582 scheduled auctions 65% Clearance rate*
62 Sold prior to auction
129 Passed in
196 Sold at auction
15 Withdrawn
6 Sold after auction
264 Total Sold either Before, During or After Auction: (62+196+6) equals 45.3% of … Read the rest
Rates published on Saturday 24th October 2015 by www.realestate.com.au for Auctions during the Week ending Sunday 25 October 2015 show this example for Victoria.
VIC
1575 Total Scheduled Auctions
67% Clearance Rate
Actual Sales, or possible sales, numbers are quoted as:
135 Sold prior to … Read the rest
When buying a property at auction, in QLD, there are certain rules that should be known about before you bid.
The first one is that if you want to bid, in Queensland, you must register with the auctioneer before the auction starts.
Only registered bidders, with a registration number, or … Read the rest
The following figures show the results from one Saturday’s property auctions in October 2010 in various Sydney Suburbs.
It shows the individual prices for certain property types, 3, 4 and 5 bed houses, but only for AUCTION sales. Many properties where prices are more stable are sold by normal real … Read the rest
The following shows a few Auction sales in Victoria for the week ended 6th June 2010, together with the Auction clearance rate in that week.
| Victoria | Sunday, 6 June 2010 | HOUSES | Total Auctions: 551 | Median Price : $720,500 | Clearance Rate: 71% | Highest Priced | Lowest Priced | $3,510,000 | 50 Hawthorn Grove, Hawthorn |
