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APM's 414 Sydney auction results show 57.2% clearance rate
By
Property Observer
Australian Property Monitors (APM) has released a list of results from 414 auctions in Sydney for the weekend of December 15. The clearance rate was 57.2%. Click here for the auction results, and click on each street address to see the property's marketing. |
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Now, all signs point south for this market. A year ago vacancies were near zero but today they’re approaching 5%. Price growth has stopped and, according to Australian Property Monitors’ price graph, has started to dip below the red line.
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