Commercial Auction Results – Week ending 19 June 2015

Auction volumes increased last week, with 31 commercial auction results reported and a preliminary clearance rate of 54.8 per cent. In comparison, the final auction clearance rate over the previous week was just 27.3 per cent across 22 auctions. At the same time last year, there were 49 commercial auctions reported over the week with a success rate of 67.4 per cent.

Over the most recent four week period, a total of 170 commercial auctions have been reported with 94 sales. Of these 94 sales, 59 have been reported with a sale price, totalling slightly over $108.9 million.

2015_06_19_Auction_Graph

 

The table below indicates National Auction Clearance Rate figures.

 

 

 

2015_06_19_Auction_Table

 


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About Commercial Research

CoreLogic RP Data Commercial Cityscope is a web-based service. Access is sold by geographic regions (Cityscope areas). There are 25 geographic regions across Australia (three in New Zealand), clustered around the cities of Sydney, Melbourne, Brisbane, Adelaide, Perth, Canberra and Newcastle. Darwin and Hobart CBD centres aren’t covered. Cityscope Areas in NSW and QLD also include lease expiry data for the most complete commercial coverage available. For more information call 1300 734 318.

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