Monthly Archives: August 2015
August 29, 2015
Bidders were not deterred by the cold or rain on Saturday with many auctions again seeing multiple bidding and strong results above reserve. The talk during the week about oscillating share prices and a lowering Australian dollar appeared to have…
August 22, 2015
Under the weight of greater auction numbers, the clearance rate stayed healthy over the weekend – hovering around 76%. There was a level of discernment from buyers for properties with concerns, or those with ‘high’ vendor expectations. The buyers were…
August 15, 2015
With another clearance rate around 80% last weekend, all the signs suggest the market is continuing to roll along steadily. Over the next four weeks the number of properties being auctioned will continue. If vendor expectations can be managed, the…
August 8, 2015
Although there was an increase in the number of properties for buyers to choose from last weekend, there was no obvious reduction in the number of bidders vying for properties this week – many auctions had three or more bidders….
August 1, 2015
A solid auction weekend overall, considering it was the first weekend back with numbers. The good properties were well contested, and those over priced or with concerns (perhaps a combination of both) were left on the shelf. There have been…
