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 The number of auctions withdrawn in the immediate weeks following the ban are likely to be higher than normal”.
Canberra listed 65 auctions, reported 60, with 45 sold, 3 withdrawn and 12 passed in to give a Domain clearance of 75%.
Brisbane listed 41 auctions, reported 32, with 18 sold, 6 withdrawn and 8 passed in to give a Domain clearance of 56%.
Adelaide listed 36 auctions, reported 23, with 22 sold, 0 withdrawn and 1 passed in to give a Domain clearance of 96%.
