Australia ਇਸ ਹਫਤੇ 20 July ਤੋਂ 26 July ਤੱਕ 1573 ਨਿਲਾਮੀ ਸੰਪਤੀਆਂ ਹਨ

This week, Australia's real estate auction market continues to remain active, with both the number of listings and the clearance rate improving.

A total of 1,573 properties were scheduled for auction this week, with results collected for 943 properties. Of these, 298 were successfully sold, and 130 were passed in, with the clearance rate rising to 32%. Compared to last week, there was an increase of 137 properties (approximately 9.5%) going under the hammer; successful auctions increased by 46 properties (growth of approximately 18.3%); and the clearance rate rose by 3 percentage points, indicating a steady increase in market activity.

The performance varied significantly across regions, with notable increases in clearance rates in Sydney East, Sydney Upper North Shore, and Sydney Northwest:

- Sydney East's clearance rate increased by 11 percentage points to 61%;
- Sydney Upper North Shore's clearance rate rose by 10 percentage points to 46%;
- Sydney Northwest saw its clearance rate jump to 56%, up by 27 percentage points from last week.

Additionally, the clearance rates in Brisbane East and the Gold Coast also improved, with the Gold Coast dropping by 5 percentage points to 18%, but Brisbane Central rose by 5 percentage points to 25%.

In terms of prices, the mainstream transaction range this week was between $500,000 and $1,000,000, with a total of 240 properties sold, accounting for the largest proportion of total transactions. The highest sale price was $10.6 million for a property at 315 Monaco St. The median sale price for homes this week slightly decreased to $1,135,000, while the average sale price rose to $1,420,471, indicating an increase in the proportion of mid-to-high-end property transactions, with the market gradually concentrating in the higher price range. (Data is for reference only)