Sydney auction market feels winter season, record June listings

Sydney auction market feels winter season, record June listings
Staff ReporterDecember 7, 2020

The winter season and record June listings are impacting the Sydney auction market according to Domain's Andrew Wilson.

He said nearly 750 homes are set to go under the hammer this Saturday which although lower than last weekend’s 787 auctions it will be significantly higher than the 631 listed over the same weekend last year.

"Sydney’s strong inner west market will again host the most number of regional auctions this weekend with 130 listed," he said.

"The next highest is the south with 96 closely followed by the upper north shore 95, the city and east 88, the lower north 74, the west 54, the northern beaches  51, the south west 50, the north west 43, Canterbury Bankstown 35, the central coast 13 and the Blue Mountains with 2 auctions scheduled on Saturday.

"Mosman and Ashfield are the most popular suburbs in Sydney this weekend with 11 auctions each followed by St Ives and Earlwood each with 10, Epping , Cremorne and Castle Hill each with 9 and Marrickville and Maroubra with 8 auctions each listed on Saturday."

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