Australia هذا الأسبوع من 19 April إلى 25 April لديه 723 عقارات مزاد

This week, Australia's real estate auction market has cooled compared to last week, with a decrease in the number of listings and clearance rates.

There were 723 properties up for auction this week, with results collected for 454 of them. Of these, 224 properties were successfully auctioned, 105 were passed in, and the clearance rate reached 49%. Compared to last week, the number of properties up for auction decreased by 1,744 (approximately 70.7%); the number of successfully auctioned properties dropped by 791 (approximately 77.9%); and the clearance rate fell by 6 percentage points, indicating a decline in market activity.

Performance varied significantly across regions, with notable drops in clearance rates in Sydney Northern Beaches and Sydney CBD:

- Sydney Northern Beaches saw a clearance rate drop of 55 percentage points to 18%;
- Sydney CBD's clearance rate fell by 25 percentage points to 40%.

In contrast, Sydney Inner West and Melbourne Southeast showed stable or even improved performance:

- Sydney Inner West's clearance rate rose by 3 percentage points to 67%;
- Melbourne Southeast's clearance rate significantly increased by 23 percentage points to 67%.

The auction markets in Brisbane South and Brisbane West performed poorly, with clearance rates falling to 22% and 0%, respectively.

In terms of price, the mainstream transaction range this week was between $500,000 and $1 million, with 69 transactions, making it the largest share.

The highest transaction price this week was for a property at 16 Dock Road, Birchgrove, sold for $8.2 million.

The median price of houses sold this week dropped to $1,175,000, while the average price fell to $1,369,208, reflecting an increased demand for lower to mid-range priced properties compared to last week. (Data for reference only)