Auction Results 27 April 2019

Domain released their preliminary results for today.

The latest results continue to yield low volumes after last weekend’s holidays. Nationally 815 were listed compared with 2,095 a year ago, 38% of last years count.

Sold so far are 300 compared with 1,104, of 27% of last years count (though it may settle higher).

So those who claim the market is buoyant, need to take account of the lower volumes.

Canberra listed 17 and reported 16 with 6 sold and 1 withdrawn giving a Domain clearance of 35%.

Adelaide listed 33 and reported 16 with 7 sold and 3 withdrawn giving a Domain clearance of 37%.

Brisbane listed 77 and reported 47 with 26 sold and 7 withdrawn giving a Domain clearance of 48%.

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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