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Every week we take a look at the Australian national auction clearance rates for each capital city. The results are distilled and posted in a short 30 sec video on our Facebook, LinkedIn and YouTube pages each Sunday afternoon (AEST).
To keep up to date with current and past data subscribe to our YouTube channel.
What do auction clearance rates actually mean? It's the number of properties sold via auction Vs. the number of properties that were scheduled for auction. In a nutshell, a low auction clearance rate indicates it's a buyers market and a high auction clearance rate means the market is hot, which is good for the seller.
Milk Chocolate was founded seven years ago by Richie Ragel and Michael Cleary, to purchase residential and commercial property in Australia on behalf of our clients, looking for a home or investment property. To see how we can help you get in touch here.
Thanks, Michael
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