#RESULTS

October

Market Highlights

There has been a lot of talk in the media that the Sydney Property Market has slowed, and in some price points, particularly the top end, that’s true, but in others, such as the sub 2M price point, the market is still performing exceptionally well.

October saw a significant increase in property come on the market; yet there were still plenty of active buyers looking to purchase and our October results certainly reflected that.

Furthermore, there is no doubt agents & auctioneers are having to work a lot harder to get deals done, and the banks aren’t helping with all the hurdles buyers need to go through for finance approval; but, as you’ll see in our October Stats, it’s all looking very positive as we work towards the Christmas deadline.

Moreover, we are now taking bookings for late November & December, so if you do have any auctions coming up, we’d love to partner with you. Make sure you get your properties booked in now to secure your preferred date, time & venue.

Andrew Cooley
0

Total Auctions

0%

Clearance Rate

$0

Average Above Reserve

0%

Average Above Reserve

October

Best Results

Mitchell Estate Agents
19 Balowrie Street, Yowie Bay
$0
$2,200,000 Reserve
12% Above Reserve
LJ Hooker Padstow
9 Marong Street, Panania
$0
$1,400,000 Reserve
18% Above Reserve
LJ Hooker Padstow
39 Uranus Road, Padstow
$0
$1,500,000 Reserve
17% Above Reserve

October

Stats

Total Auction Volume
Clearance Rate
Sold Over Reserve
Average Over Reserve
Total Properties Sold Above Reserve
Sold Prior
Average Price
Total Value Sold
Average Registrations
Average Bids
Properties Opened with a Vendor Bid
2024
112
65%
2%
$31,821
60%
25%
$1.64M
$116.12M
5.2
16
17%
2023
69
67%
3%
$68,917
53%
24%
$2.12M
$97.62M
5.1
18
22%
2024
2024 Results
0
Auctions
0%
Clearance Rate
$0
Average Above Reserve
0%
Average Above Reserve

Get In Touch

Wether you’re about to book an auction or you just want to find out more information on how auctioning your property is beneficial for you, get in touch and we can help you secure the best possible price for your prized asset.

Thanks for contacting us!

We'll get back to you soon.
Oops! Something went wrong while submitting the form.