Australia ਇਸ ਹਫਤੇ 2 February ਤੋਂ 8 February ਤੱਕ 1129 ਨਿਲਾਮੀ ਸੰਪਤੀਆਂ ਹਨ

This week, Australia's real estate auction market was active, with both the number of listings and clearance rates significantly rising.

A total of 1,129 properties were up for auction this week, with results collected for 1,117 properties. Of these, 734 were successfully auctioned, and 269 were passed in, resulting in a clearance rate of 66%. Compared to last week, there was an increase of 302 properties (approximately 36.5%) in listings; the number of successful auctions grew by 248 (an increase of about 51.0%); and the clearance rate rose by 7 percentage points, indicating a marked increase in market activity.

Among the major regions, parts of Sydney and Melbourne showed outstanding performance. The clearance rate in Sydney's Eastern Suburbs rose to 80% this week, a 5 percentage point increase from last week, indicating strong market demand. Although the Inner West clearance rate slightly decreased from 89% to 81% compared to last week, the transaction numbers remained stable. Melbourne's Northern Suburbs performed excellently, with a clearance rate reaching 72%, up 8 percentage points from last week, and transaction numbers increased significantly. Additionally, in Brisbane's Southern Suburbs, the clearance rate fell to 32%, a decline of 23 percentage points from last week, making it one of the weaker performing regions.

In terms of prices, the mainstream transaction price range this week was between $500,000 and $1,000,000, with 248 transactions, accounting for the largest share. The highest transaction price this week was for a property at 7 Yarrandi Pl, which sold for $5.6 million. This week's median transaction house price increased to $1,195,000, and the average transaction price rose to $1,365,072, indicating a concentration of market demand towards mid-to-high end properties. (Data for reference only)