SINCE 1997

Latest Axford Auctions News

SYD & MEL Property Remains Strong Despite The Uncertainty

Volumes at auction fell away over the weekend, but there is still strong interest from buyers despite a sense of uncertainty in the air.

SYD & MEL Property Remains Strong Despite The Uncertainty

Despite growing levels of uncertainty in the air, auction markets across the country remain relatively buoyant.

While auction clearance rates are down slightly, there is still strong buyer interest across the board in both Sydney and Melbourne.

Sydney recorded a preliminary clearance rate of 74.8% from 749 auctions while Melbourne came in slightly lower at 70.1% according to the latest data from CoreLogic.

Across the country, the combined clea…