Sydney clearance rates dip to 60%, with super Saturday stress next weekend
Jonathan ChancellorDecember 7, 2020
The weekend's initial Sydney-wide clearance rate eased to 64%, down on the 65% preliminary tally from last Saturday, which was revised to 60% after late result notifications to Australian Property Monitors.
It seems it now won't be long before the success rate dips into the 50s.
All dramatically down on the mid-80s of just six months ago.
The weekend's dearest sale was a grand Collaroy estate on a 1707sqm parcel, comprised of two separate lots under one title.
The existing residence (above) had been tightly held by the family for 65 years until its sale through Doyle Spillane.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.