Auction Results 26 Sept 2020

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 The number of auctions withdrawn in the immediate weeks following the ban are likely to be higher than normal”.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 49 auctions, reported 40 results with 34 sold, and 6 passed in to give a Domain clearance of 85%.

Brisbane listed 52 auctions, reported 39 with 20 sold, 7 withdrawn and 12 passed in to give a Domain clearance of 51%.

Adelaide listed 6 auctions, reported 34 results with 24 sold, 6 withdrawn and 4 passed in to give a Domain clearance of 71%.

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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