Domain released their preliminary results for today. They say 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 The number of auctions withdrawn in the immediate weeks following the ban are likely to be higher than normal”.
Canberra listed 41 auctions, reported 37 with 31 sold, 1 withdrawn and 6 passed in to give a Domain clearance of 82%.
Brisbane listed 44 auctions, reported 31 with 18 sold, 5 withdrawn and 13 passed in to give a Domain clearance of 50%.
Adelaide listed 30 auctions, reported 1, with 9 sold, 5 withdrawn and 6 passed in to give a Domain clearance of 45%.
