NSW clearance rate at 55%: Realestate.com.au

| Dec 14,2015

New South Wales auction results for the week ending Sunday 13 December show a preliminary clearance rate of 55% from 869 scheduled auctions.

According to data from realestate.com.au, 236 were sold at auction within NSW, 216 passed in and 117 sold prior to auction.

One standout sale in the Sydney suburb of Caringbah was a four bedroom home on a huge block of land that sold for $2,530,00 at 221 Burraneer Bay Road. The median price for a home in Caringbah is $1,046,125, according to CoreLogic RP Data.

Click here to see the full state breakout.

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.