Sydney's outer West and Blue Mountains scores 90 percent weekend auction clearance rate: CoreLogic

Sydney's outer West and Blue Mountains scores 90 percent weekend auction clearance rate: CoreLogic
Staff reporterApril 10, 2017

The Outer West and Blue Mountains region had the highest number of auction clearance rate in Sydney, according to CoreLogic’s latest report.

The property data firm says that out of 10 auctions known to them 90 percent resulted in a successful outcome.

This is followed by North Sydney and Hornsby with 87.4 percent and City and Inner South with 87.2 percent.

Click to enlarge

Outer South West had the lowest auction clearance rate with only 43.8 percent of its auctions cleared.

A four bedroom house at 12 Nerada Street, Blacktown (above) was sold for $730,000.

Similarly a five bedroom house at 14 Banks Road, Castle Hill (below) was sold for $4.8 million.

Editor's Picks

Golden Sedayu to deliver significant amenity in Somerset, Burswood Point first stage
Rare new luxury apartments set for Runaway Bay as Aqualis launches
Capio to bring new apartments with Latent Defects Insurance to Carlingford
Resilience Latent Defects Insurance: A catalyst for higher property valuations and resale confidence
Downsizers drive demand at Lewis Land's Harbour Shores masterplan in Biggera Waters