Australia ਇਸ ਹਫਤੇ 10 November ਤੋਂ 16 November ਤੱਕ 2120 ਨਿਲਾਮੀ ਸੰਪਤੀਆਂ ਹਨ

The Australian real estate auction market was slightly calm this week, with an increase in listings but a slight decline in the clearance rate.

This week, 2,120 properties were scheduled for auction, with results collected for 2,097 properties, leading to 1,240 successful sales and 653 passed-in properties, resulting in a clearance rate of 59%. Compared to last week, the number of properties auctioned increased by 88 (approximately 4.3%); the number of successful sales increased by 40 (about 3.3% growth); but the clearance rate slightly decreased by 1 percentage point, indicating a slight weakening in market interest.

Performance in major regions varied, with noticeable fluctuations in clearance rates in some parts of Sydney and Melbourne areas:

- The clearance rate in the Sydney central area decreased by 9 percentage points to 63%;
- The Sydney Eastern area saw a decrease of 7 percentage points in clearance rate to 57%;
- The clearance rate in the Melbourne southeastern area increased by 6 percentage points to 50%;
- The Brisbane central area saw a significant increase of 21 percentage points in clearance rate to 38%;
- The Brisbane eastern area experienced an increase of 44 percentage points in clearance rate to 50%.

In terms of prices, the mainstream transaction range this week was between $500,000 and $1 million, with 319 properties sold, still occupying the major share.

The highest transaction price this week was for a property at 26 CASTLE CCT, reaching $11.5 million.

This week's median house price fell to $1,150,000, down about 10.7% from last week; however, the average sale price rose to $1,399,694, reflecting an increased proportion of higher-priced transactions despite the drop in middle-range prices. (Data for reference only)