Commercial Auction Results – Week ending 25 October 2015

Auction volumes fell over the week, with 19 commercial auction results recorded compared to 45 last week and 61 at the same time last year. The preliminary clearance rate across the 19 results was 47.4 per cent, lower than both the previous week at 55.6 per cent and one year ago at 60.7 per cent. Over the most recent four week period there has been 134 commercial auctions reported and 76 of these have been reported as sold. Of the 76 sold properties, 65 have been reported with a sale price totalling just short of $140.02 million.

2015_10_23_Auction_Graph

The table below indicates National Auction Clearance Rate figures.

2015_10_23_Auction_Table


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