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 The number of auctions withdrawn in the immediate weeks following the ban are likely to be higher than normal”.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 24 auctions, reported 19 with 16 sales, and 3 passed in to give a Domain clearance of 84%.
Brisbane listed 31 auctions, reported 22 with 8 sold, 2 withdrawn and 12 passed in to give a Domain clearance of 36%.
Adelaide listed 13 auctions, reported 9 with 1 withdrawn and 1 passed in to give a Domain clearance of 0%.
