Sydney takes baton back for first week of December auctions

Sydney takes baton back for first week of December auctions
Sydney takes baton back for first week of December auctions
Staff reporterDecember 7, 2020

There are 2,125 auctions scheduled to take place across the combined capital cities this week, down slightly from last week when 2,168 auctions were held, according to CoreLogic data.

This time last year, a considerably higher 2,912 homes were taken to auction over the same week.

There are 884 Melbourne homes set to go under the hammer this week, a slight decrease on last week’s 909 auctions held, and around 40% below the levels seen last year.

There are currently 913 homes set for auction in Sydney over the week, rising on last week’s 886 auctions held, although lower than the 976 homes taken to auction one year ago.

Across the smaller auction markets, Perth is the only city set to see a rise in activity over the week with 21 auctions set to take place, with scheduled volumes lower in Adelaide (-11.7%), Brisbane (-21%), Canberra (-6.1%) and Tasmania (3 auctions).

Sydney takes baton back for first week of December auctions

 

Mosman took the lead in NSW auction volumes this weekend with 13 homes set to go under the auctioneers gavel, according to SQM Research.

One such property is 14 Dalton Road, (pictured) which saw so much interest that it sold ahead of its scheduled December 5 auction.

The four bedroom, two bathroom abode sits on a 247 sqm plot.

It previously sold for $920,000 in 2009.

Sydney takes baton back for first week of December auctions

Another example of the spread of auctions in Mosman is 1/28 Orlando Avenue.

The two bedroom, one bathroom apartment goes to auction without a price guide.

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