Overview
- Domain Group’s preliminary clearance rate came in at 70.2% in Sydney from 755 reported results, with 154 auctions withdrawn.
- Melbourne’s preliminary clearance rate was 67.2% from 1,249 reported results, with 134 withdrawals included as unsold.
- Auctions were widely scheduled, with 1,231 homes listed in Sydney and 1,762 in Melbourne for the week.
- A renovated two-bedroom house in Kingsville sold for $910,000 to a relocating Sydneysider after outbidding four first-home buyers.
- A Wollstonecraft unit sold under the hammer for $1,285,000 after the vendor trimmed the reserve from $1.3 million to $1.25 million, reflecting vendor flexibility to secure sales.