Eastern suburbs continue to lead Sydney's clearance rate
Joel RobinsonDecember 7, 2020
There's no slowing in Sydney's Eastern suburbs, according to CoreLogic weekend data.
The sub-region secured another strong clearance rate of 77 percent, well up on the 68 percent clearance rate Sydney totalled over the weekend.
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It's the second week in a row that the area has been approaching the 80 percent mark it achieved in the first weekend auctions of March.
One of the priciest weekend sales in Sydney's east was a retro Dover Heights home that fetched $3.85 million.
The four bedroom home, that last traded for $316,500 in 1984, had a buyers' guide of $3.65 million.
Joel Robinson
Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.