Geelong scores 86% auction clearance rate: CoreLogic
Staff reporterDecember 7, 2020
Geelong once again took the top spot with the highest weekend auction clearance rate, according to CoreLogic’s latest report.
The property data firm says that Geelong had a clearance rate of 86.7% for its 30 auctions.
This is followed by Hunter region with 72% and Wollongong with 70.4%.
Gold Coast had the lowest clearance rate with only 28% of its 25 auctions cleared.
A three bedroom house at 45 Austin Street, Newtown (above) was sold for $950,000.
It last sold in 1993 for $150,000.
A four bedroom house at 32 Roslyn Road, Belmont (below) was sold over the weekend for $812,000.
It last sold for $281,000 in 2001.
