Bumper weekend auctions for Sydney, Melbourne: Andrew Wilson

Bumper weekend auctions for Sydney, Melbourne: Andrew Wilson
Bumper weekend auctions for Sydney, Melbourne: Andrew Wilson

The final auction weekend for Autumn sees strong listings in both Sydney and Melbourne.

Domain's Andrew Wilson said nearly 850 homes are scheduled to go under the hammer this Saturday in Sydney which will be close to the May Saturday record.

"Sydney weekend auctions have averaged over 700 this month which is clearly a new record for May," he said.

"The inner west will host the highest number of auctions of the Sydney regions this weekend with 117 followed by the south (92), the upper north shore (87), the lower north (84), the northern beaches (74), the west (67), the south west (61), the north west (60), Canterbury Bankstown (40), and the central coast with 19 auctions listed for Saturday.

"Mosman is the most popular suburb in Sydney this weekend with 12 followed by Maroubra, Drummoyne and Blacktown each with 10, Surry Hills and Newtown each with 9 and Ryde, Paddington and Balgowlah which will each host 8 auctions on Saturday.

"Over 1100 homes are set to go under the hammer in Melbourne this Saturday, which will be similar to the 1120 conducted last weekend but higher than the 1067 listed over the same weekend last year.

"This weekend’s auction numbers will again be close to the record May Saturday set on May 31 2014 and indicates continuing strong seller confidence on the local market.

"Melbourne’s west is again the most popular suburban region for auctions this weekend with 176 followed also again by the inner south (163), the north east (158), the inner east (146), the inner city (136), the outer east (116), the north (108) and the south east with 89 auctions.

"Brighton is the most popular suburb for auctions in Melbourne this Saturday with 18 followed by Hoppers Crossing with 17, Reservoir and Kew each with 16, Hawthorn and Epping each with 15 and Pascoe Vale with 14 auctions listed this weekend."

Tags: 
Auctions Residential Listings

Community Discussion

Be the first one to comment on this article
What would you like to say about this project?