By Pete Wargent on 3 Sep 2013 No Comments
Auction clearance rates in Sydney hit the astonishing level of 84 per cent on Saturday, the highest recorded this year, completing a record month of August for the city. Last weekend's 79 per cent clearance rate was the only weekend in the last eight where less than a "boom time level" of 80 per cent of auctioned properties were sold ...
By Catherine Cashmore on 2 Sep 2013 No Comments
After last week’s clearance rate dropped from 82 per cent to 79 per cent once all results had been collected, this week’s 75 per cent rate was back in line with the year-to-date trend, which currently sits at 71 per cent. ...
By Peter Sarmas on 2 Sep 2013 No Comments
While multiple bidders were still out in force over the weekend, the auction clearance rate fell back from its revised 79 per cent rate last week to reach 74 per cent, which is still favourable when compared to the 63 per cent recorded at the same time last year. I would expect this figure to be revised down further ...
By Peter Sarmas on 30 Aug 2013 No Comments
Of all the suburbs on the south eastern peninsula, Mornington is without a doubt one of the highlights. Renowned for its small town atmosphere, Mornington is a suburb where everyone seems to know everyone – which is perhaps because once you’re there, you never want to leave ...
By Peter Sarmas on 30 Aug 2013 No Comments
The house that was used in the filming of the 1986 comedy classic Ferris Bueller’s Day Off is once again for sale. The two-part home is located on 370 Beech Street in the leafy suburb of Highland Park, Illinois, and was built in 1953 by architect A James Speyer, a protégé of Mies Van der Rohe. It has been listed for an asking price of ...
By Peter Sarmas on 30 Aug 2013 No Comments
This week in property, Street News has taken a look at the Melbourne market over the weekend which saw a record high auction clearance rate of 82 per cent – that’s 357 properties sold at auction. Peter Sarmas discusses the statistical data of the weekend results, and analyses what this means for the property market ...
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