Commercial Auction Results – Week ending 18 September 2015

Over the week ending 18 September 2015, the preliminary auction clearance rate was 51.7 per cent across a total of 58 commercial auctions. One week prior, the final auction clearance rate was a stronger 60 per cent across less auction results (45). At the same time last year, the number of commercial properties taken to auction was higher at 79 and the clearance rate was also stronger at 62 per cent. There have been 210 auctions reported over the most recent four week period, with 132 of these reported as sold (62.9 per cent) and a total value of $159.07million across the 102 sales reported with a price.

2015_09_18_Auction_Graph

The table below indicates National Auction Clearance Rate figures.

2015_09_18_Auction_Table


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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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