Mark you diary. This just might be last results for some time. I attended (socially distanced) three house auctions today. Not one buyer turned up for any of them and the auctioneer went away tail between legs. These were premium properties which a few days ago I think would have sold.
That said, Domain released their preliminary results for today. The numbers sold appear down a bit (despite the media hype I noted saying there was frenzied buying parallel to toilet paper!). There were more listed for sale than last week.
Sydney listed 776 auctions, reported on 495, with 388 sold, 107 withdrawn and 107 passed in (weird coincidence) This gives a Domain clearance of 64%. [Last week final was 67%]
Melbourne listed 1,184 auctions, reported on 827 with 537 sold, 46 withdrawn and 290 passed in to give a Domain clearance of 62%. [Last week’s final was 65.2%]
Canberra listed 56 auctions, reported 38 and sold 26, with 2 withdrawn and 12 passed in, giving a Domain clearance of 65%.
Brisbane listed 95 auctions, reported 37 and sold 18, with 9 withdrawn and 19 passed in giving a Domain clearance of 39%.
Adelaide listed 47 auctions, reported 28 with 19 sold, 1 withdrawn and 9 passed in to give a Domain clearance of 66%.
