Archive | February, 2017

20170227 Sydney

Auction clearance rates reach the highest level over the calendar year to date as auction volumes reach a record high for February, with 3,232 auctions held across the combined capital cities.

Across the combined capital cities this week, the number of properties taken to auction increased dramatically, with 3,232 auctions held; significantly higher than what has been recorded over the same period across previous years, with auction volumes generally reaching their seasonal peaks around March.  The record highs for the number of auctions were confined to […]

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Capital city vacant land selling prices continue to rise as prices fall in regional Australia

The median selling price of vacant land continued to climb in capital city markets throughout 2016 while in regional areas prices have fallen.  The other big shift over the past 12 months has been the fairly significant increase in lot sizes after they have trended lower over many years. Throughout 2016, the median selling price […]

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Commercial Market Update – Chapel Street Cityscope

The latest research from Chapel Street Cityscope shows that commercial property sales have increased in the past three months. Sales recorded in the quarter ending February 2017 totalled $26.6 million from 9 sales, compared with $3 million from 3 sales in the three months to November 2016 but less than the recorded $211.8 million from […]

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Revised Commercial Auction results to February 10th 2017

Commercial Auction Results – Revised auction results to 10th February 2017

CoreLogic has revised commercial auction results to the 10th of February, which indicate a slight increase in activity as the year progresses. Listings in the second week of February ramped up to 11, compared with just five in the previous week. Three of the 11 listings cleared at auction, bringing the clearance rate up to […]

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Commercial Market Update – Southbank Cityscope

The latest research from Southbank Cityscope shows property sales have increased in the past three months. Sales recorded in the quarter ending February 2017 totalled $758 million, a increase from the $610.6 million recorded in the three months to November 2016 but a decrease from the $952.9 million recorded to August 2016. This data brings […]

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20170223 regional

CoreLogic National Auction Preview, week ending 26 February 2017

The number of auctions are set to increase across the combined capital cities this week, with 3,122 currently being tracked by CoreLogic, up from 2,291 last week. In both Sydney and Melbourne, the two major auction markets, auction activity has increased this week, with 1,555 Melbourne auctions scheduled and 1,142 homes set to be taken […]

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20170220 Sydney

Auction volumes surge past 2,000 for the first time this year across Australia’s combined capital cities, with CoreLogic’s preliminary clearance rate reaching 77 per cent.

The combined capital city preliminary clearance rate remained in the high 70 per cent range over the week, despite auction volumes reaching the highest level so far this year.  There were 2,280 dwellings taken to auction this week, significantly increasing from 1,591 over the previous week, with 77.0 per cent of auctions reported as successful.  […]

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Commercial Market Update – Richmond Cityscope

The latest research from Richmond Cityscope shows property sales have increased in the past three months. Sales recorded in the quarter ending February 2017 totalled $109.5 million, an increase both from the $57.2 million recorded in the three months to November 2016 and the $96.5 million recorded to August 2016. This data brings the 12-month […]

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Commercial Market Update – Auckland Cityscope

The latest research from Auckland Cityscope shows that property sales have decreased over the past three months. In the three months to February 2017, there were 34 sales for a total of $146.6 million, as compared with 58 sales for a total of $202.7 million recorded for the three months to November 2016, and with […]

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Commercial Market Update – Burke Road Cityscope

The latest research from Burke Road Cityscope shows sales have decreased in the quarter to February 2017 in number and total value. In the latest quarter, there were 4 sales at a total value of $6.9 million, compared to the 5 sales at a total value of $7.2 million in the previous quarter. This quarter […]

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