Domain released their preliminary results for today. They noted that “from Thursday July 9 the Victorian government placed a ban on public real estate auctions as part of social distancing measures to slow the spread of COVID-19. The number of auctions withdrawn in the immediate weeks following the ban are likely to be higher than normal”.
Canberra listed 34 auctions, reported 33 results with 26 sold, 6 passed in, and 1 withdrawn to give a Domain clearance of 79%.
Brisbane listed 44 auctions, reported 32 results, with 12 sold, 4 withdrawn and 16 passed in to give a Domain clearance of 38%.
Adelaide listed 37 auctions, reported 23 results with 16 sold, 2 withdrawn and 5 passed in to give a Domain clearance of 70%.
Melbourne of course remains in stasis.
