Image by Bill Oxford

The Auction
Results are In

7 June, 2021

The auction results climbed back over 80% last week, returning an overall clearance of 82.8%. 🚀

This was an uptick on the previous few weeks, which had experienced a slight dip into the early to mid 70's - still phenomenally strong for a South East Queensland market that in normality sits in the mid 40's.

Again a strong number of average registered bidders per auction was a feature - with this number of 4 remaining consistent from previous weeks.

The number of sales prior to auction has slightly increased with buyers again employing a strategy of making premium offers prior to auction day, to avoid the competition.