Saturday was supposed to be the biggest Auction day Across Australia with Melbourne leading the way with 1,714 Auctions scheduled and a 64% Clearance rate, which is great. Sydney had 1,106 Auctions with a 64% clearance rate as well, which is very good with the higher amount of property going up. There were however, 698 … More Sydney Auction results 24th March
BREXIT SCHMEXIT! While almost $70B was wiped from the ASX after the announcement of the Brits voting to leave the EU there was wide and valid speculation about the impact on property. However, we still saw really strong Auction Clearance Rates over the weekend. There was a large amount of property withdrawn, 55, for whatever … More Real Estate Market Commentary 25th JUNE
It looks like we have finally seen a drop in Clearance Rates worth noting; below 70% we fell. This may be the change in weather, the school holidays beginning, the lack of stock (ironically) or THE END OF THE BUBBLE – dare I say. Typically around a public holiday, school holidays or festive holidays we … More Real Estate Market Commentary APRIL 16
Despite a lot of negativity spreading like wild-fire throughout most media outlets over the last couple of weeks, the market continues to deliver, almost with a stern level of disobedience. While there has been a lot of speculation over the duration of this ‘boom market’ most of it has been unfounded and predominantly mounted on … More Real Estate Market Commentary APRIL 2
Well, it’s almost predictable, well, nothing is predictable – call me a pessimist. … The Auction Clearance Rate went up at the weekend and the ‘median sale price’ [at Auction] dipped on last years average. I oft commented on the clearance rates’ impact on the median price of property sold at Auction, but I am … More SYDNEY AUCTION RESULTS 6TH FEBRUARY
Yet another strong weekend at Auctions around Sydney, almost in spite of what the media coverage is suggesting. … More SYDNEY AUCTION RESULTS – 10TH OCTOBER & Commentary
There was a lot of negative discussion about the market leading up to last weeks Real Estate Auctions’ ‘Super Saturday’. Afterward however, I had a discussion with somebody who asked me what the clearance rate was and when I replied with ‘ 70%’ they said ‘that’s fantastic, I can’t believe how good the market is travelling, … More SYDNEY AUCTION RESULTS – 3RD OCTOBER
… And we are still waiting for the market to take off for the Spring. … More SYDNEY AUCTION RESULTS –12TH SEPTEMBER
Sydney has been producing a lot of Millionaires in this current upward trend in Real Estate prices. … More Sydney is full of Millionaires
Sydney Upper North Shore median house prices … More What is your suburb doing?
Thomas Merriman 