Australia इस सप्ताह 30 November से 6 December तक 2731 नीलामी संपत्तियाँ हैं

This week, the Australian real estate auction market showed signs of cooling, with both the number of overall listings and clearance rates declining.

A total of 2,730 properties were scheduled for auction this week, with results collected for 2,331 of them. Among these, 1,440 properties were successfully auctioned, 457 were passed in, resulting in a clearance rate of 62%. Compared to last week, there were 204 fewer properties up for auction this week (approximately 6.95% less); the number of successfully auctioned properties decreased by 167 (approximately 10.39% less); and the clearance rate dropped by 2 percentage points, indicating a slight decrease in market activity.

Performance varied significantly across different regions, with noticeable changes in clearance rates in some areas:

The clearance rate in Sydney Northwest fell by 12 percentage points to 56%;

Sydney Northern Beaches saw a 13 percentage point drop in clearance rate, down to 49%;

Meanwhile, Sydney East experienced a 7 percentage point rise in clearance rate, reaching 64%.

In Melbourne Southeast, the clearance rate dropped by 12 percentage points to 64%. Although the Gold Coast saw an increase in the number of properties up for auction, its clearance rate was low, at only 45%.

Regarding prices, the mainstream transaction range this week was $500,000 - $1 million, with 354 properties sold in this range, making up a significant portion.

The highest sale price this week was for a property at 64 Bellevue Road, Bellevue Hill, which fetched $17.2 million.

The median sale price of properties this week held steady at $1,390,000, unchanged from last week; however, the average sale price fell to $1,564,551, indicating a decreased demand for higher-priced properties and a slight shift in market interest towards mid to lower-priced properties. (Data for reference only)