Expert insights Buying NSW auction results show preliminary clearance rate of 74%: Realestate.com.au
NSW auction results show preliminary clearance rate of 74%: Realestate.com.au
Michael CrawfordDecember 7, 2020
New South Wales auction results for week ending Sunday 27 September show a preliminary clearance rate of 74% from 1193 scheduled auctions.
According to data from realestate.com.au, 405 were sold at auction within NSW, 196 passed in and 201 sold prior to auction.
One standout property in the Sydney suburb of Maroubra sold for $500,000 above reserve - a three bedroom home on 1011.7sqm which sold for $3,700,000.
Michael Crawford
Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.