Domain released their preliminary results for today. They note 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 The number of auctions withdrawn in the immediate weeks following the ban are likely to be higher than normal”.
Canberra listed 66 auctions, reported 58 with 47 sold, 2 withdrawn and 2 passed in to give a Domain clearance of 81%.
Brisbane listed 67 auctions, reported 35 with 18 sold, 2 withdrawn and 15 passed in to give a Domain clearance of 51%.
Adelaide listed 39 auctions, reported 28 with 22 sold, 1 withdrawn and 5 passed in to give a Domain clearance of 79%.
