Auction Results 29 August 2020

Domain released their preliminary results for today. They also 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 The number of auctions withdrawn in the immediate weeks following the ban are likely to be higher than normal”.

Canberra listed 41 auctions, confirmed 38 results, with 32 sold, 1 withdrawn and 6 passed in to give a Domain clearance of 82%.

Brisbane listed 47 auctions, confirmed 31 results with 18 sold, 5 withdrawn and 13 passed to give a Domain clearance of 50%.

Adelaide listed 30 auctions, confirmed 21 results with 15 sold, 4 withdrawn and 6 passed in to give a Domain clearance of 60%.

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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