Sydney auctions in top shape post February highs

Sydney auctions in top shape post February highs
Sydney auctions in top shape post February highs

The Sydney auction market is in top shape after a record-high February performance for clearance rates and listings, according to Domain's Dr Andrew Wilson.

He said this weekend Sydney will host nearly 700 auctions as the autumn auction selling season begins.

"700 auctions will be significantly lower than last weekend’s record February Super Saturday 940 listings but significantly higher than the 583 auctioned over the same weekend last year," he said.

"The south will host the most number of auctions with 88 followed by the inner west and the upper north shore each with 85, the city and east 80, the lower north 79, the south west 62, the west 57, the northern beaches 48, Canterbury Bankstown 45, the north west 27, the central coast 17 and the Blue Mountains with 2 auctions listed for Saturday.

"The most popular suburb for auctions this weekend in Sydney is Mosman with 15 followed by Wollstonecraft 10, Blacktown 9, Marrickville and Ryde each with 8 and a number of suburbs with 7 auctions listed including Randwick, North Sydney, Casula and Croydon Park."

 

 

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Auctions Residential Market

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