Jonathan Chancellor
Auction clearance rates continue to rally in Melbourne and Sydney
Melbourne’s weekend auction market had its highest clearance rate since 2017, with the CoreLogic figures showing a 74 per cent success rate....
Property has ‘flipped the script’ and turned into a sellers’ market
Capital city auction markets recorded their highest preliminary clearance rate in over a year, reaching 70 per cent. But price recovery remains...
Property market a mixed bag: Real test a month away
The nation’s cheapest weekend auction sale was a three-bedroom house in Adelaide that fetched $273,102. The final action at the auction included...
Less is more, as auction clearance rates rise as listings fall
The weekend auction success rate gathered momentum amid the winter seasonal listings slowdown. With fewer properties offered, Sydney’s preliminary clearance rate jumped...
Auction rates recover, but it’s far from a ‘new boom’
Both Melbourne and Sydney saw their weekend auction success rate sit nicely above 70 per cent, however there’s no new boom, according...
Pop star’s home helps Melbourne auction market, but winter brings on nationwide slump
The Hawthorn East home of Australian pop princess Dannii Minogue sold after its weekend auction for $2.56 million having drawn only one...
Market enjoys biggest weekend in more than a year
A heritage Flemington shopfront residence, most recently known as Macca’s Milk Bar, fetched $936,000 at a weekend auction. The offering at 31 Dover Street, in...
Post-election property sizzle doused by long weekend
The long weekend disrupted the improving trend in auction results, despite most lenders announcing even lower home loan rates after the official...
Buyers anything but cool before the winter slumber
Auction clearance rates have firmed further in Sydney and Melbourne as many more buyers seek out the early-winter offerings, before the likely...
Rising clearance rates reflect post-election confidence bounce
Weekend sales across the nation pointed to a return of confidence in the market after weeks of jitters leading to the federal...