A preliminary weighted average clearance rate of 72 per cent was recorded this week across capital cities compared to 70.8 per cent last week and 73.5 per cent this time last year.
This is the fifth consecutive week where the national clearance rate has exceeded 70 per cent.
In Sydney a preliminary clearance rate of 78.5 per cent was recorded compared to 78 per cent last week. This weeks result is above the year to date trend of 75.2 per cent.
In Melbourne there was a preliminary clearance rate of 78.5 per cent recorded compared to 72.1 per cent last week. It needs to be noted that there was a very low volume this week.
In Brisbane a preliminary clearance rate of 50 per cent was recorded compared to 38.9 per cent last week.
Adelaide recorded a clearance rate of 67.4 per cent compared to 68.4 per cent last week.
In Canberra a clearance rate of 41.2 per cent was recorded.
Subscribe & don’t miss a single episode of michael yardney’s podcast
Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.
Need help listening to michael yardney’s podcast from your phone or tablet?
We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.
Prefer to subscribe via email?
Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.