Port Macquarie leads grand final weekend auction listings

Port Macquarie leads grand final weekend auction listings
Staff ReporterDecember 7, 2020

The northern NSW coastal city Port Macquarie is the busiest location for auctions for the upcoming weekend according to CoreLogic.

Port Macquarie beats Manly (NSW), Wahroonga (NSW), Paddington (Qld) and Surfers Paradise (Qld).

According to CoreLogic auction activity across the combined capital cities is set to be quite subdued this week due to the NRL and AFL grand finals being held and the public holiday long weekend.

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"There are 805 auctions currently being tracked by CoreLogic, down from the 2,759 held last week and only slightly lower than final results recorded over the equivalent week last year (872)," CoreLogic said.

"The most notable decrease in activity will be in Melbourne, where only 86 auctions are scheduled this week, while Sydney is set to host the highest volume of auctions this week, with 515 homes scheduled to go under the hammer, albeit volumes are well down on last week.

"Brisbane is expected to be the second busiest capital city this week, with volumes remaining relatively steady week-on-week, while the remaining capital cities are all expected to see a lower volume of auctions."

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In Port Macquarie, a three bedroom house one block from the beach at 16 Arncliffe Avenue (above) is set for Saturday auction.

 

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