Domain released their preliminary results for today. They note “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 The number of auctions withdrawn in the immediate weeks following the ban are likely to be higher than normal”.
Canberra listed 34 auctions, reported 34 with 27 sold, 1 withdrawn and 6 passed in to give a Domain clearance of 79%.
Brisbane listed 44 auctions, reported 39 with 14 sold, 4 withdrawn and 21 passed in to give a Domain clearance of 36%.
Adelaide listed 37 auctions, reported 28 with 18 sold, 2 withdrawn and 8 passed in to give a Domain clearance of 64%.
