June
It’s generally accepted that auctions have slowed since the beginning of the Coronavirus pandemic across the capital cities, especially in those which have had harsher lockdown restrictions such as Sydney or Melbourne. And, although the Brisbane has seen an overall decline in scheduled auctions over the last few years, the number of auctions and auction […]
February
There were 2,303 homes taken to auction across the combined capital cities over the week, returning a preliminary auction clearance rate of 54.1 per cent, while last week, auction volumes were lower with 1,450 auctions held and a 51.2 per cent clearance rate. Over the same week last year, 3,313 auctions were held and a […]
October
The population is ageing, and retirement accommodation is becoming increasingly expensive. This combination of factors has led to a resurgence in granny flats around Australia. But are they a good idea, and will one work for you – not just now, but will it contribute to your return on investment? After all – it’s good […]
June
Capital City Auction Statistics (preliminary) Auction volumes increased significantly over the week with 1,991 homes taken to auction across the combined capital cities, up from just 904 last week when auction volumes were lower due to the Queen’s Birthday long weekend. The preliminary clearance rate was recorded at 56.9 per cent this week, after last […]
August
If you’re planning to bid at auction, the REIQ strongly recommends securing pre-approval for your finance and organising a building and pest inspection on the property beforehand. While the numbers of homes sold by auction in Queensland may only be relatively small when compared to Sydney and Melbourne, it is an increasingly popular method of […]
March
Preliminary CoreLogic capital city auction statistics for the week to Sunday February 26 saw Brisbane pull a clearance rate of 63,6 per cent, a strong rise over last year’s 57.4 per cent. The weighted average across the capital cities also jumped to 78.6 per cent – from 71.4 per cent last year. There were dramatic […]
July
Every vendor wants to sell at a premium price for their property. It is not uncommon for some to ‘test’ the market by advertising the price of their property above a premium. On the rarest of rare occasions this may work, but more often than not can cause a negative reaction in the market. During […]
