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Here are Australia’s auction clearance rates for the capital cities for the weekend ending 23 November, 2008, courtesy of RP Data.

Simon Turner

FYI: Read related articles on Auctions; or Buying Real Estate; Credit Crunch; or Interest Rates

Here are the auction clearance rates for Australian capital cities, for the weekend ending Nov 09, 2008.Source: RP Data

FYI: See more articles on Auction Clearance Rates, Real Estate and The Auction Strategy

Auction clearance rates in the last week have remained uninspiring (the Melbourne figures in particular, but in no means exclusively, should be looked at in the context of annual figures etc). Quite simply, auctioning still remains very much a strategy for those with a propensity to gamble.

Marquette Turner Luxury Homes maintain the opinion that auctions are not the strategy to sell or buy in anything but a buoyant market, and it does not take an expert to appreciate that this is not that market.

Source: RP Data

Simon Turner

For the week ending 21 September 2008, here are Australia’s latest auction clearance rates for the major capital cities.

Source: RP Data

Simon Turner

The latest auction clearance rates for Australia’s cities for the week ending 7 September 2008

Source: RP Data

Michael Marquette

Auction Clearance rates for the week ending August 10, 2008 continued to show an uncertain market where buyers and vendors are struggling to find common ground. Low price expectations from would-be bargain hunters are making it difficult for many vendors to make decisions on auction day and Luxury property continues to perform poorly at auction.

Properties below $1 million are the best performers at auction right now with Melbourne leading the way with an overall Clearance rate of 55%. Sydney is steady at a clearance rate a little over 43% with Perth performing worst of all Australian Capital cities with a dismal clearance rate of just over 15%.

The figures for the week ending August 17, 2008 will be available shortly and I hope to see an improved result with expectations of an interest rate decrease growing. We eagerly await the announcement from the Reserve Bank.


We at Marquette Turner Luxury Homes have been urging our Luxury clientele to sell by Expressions of Interest and we are experiencing high levels of success.  Whilst this is a strategy less commonly used below $1million, we find that the flexibility it enables for all parties very much assists in the ultimate sale of properties.

This table is compiled with the assistance of RP Data for the week ending August 10, 2008.

Michael Marquette


Here are Australia’s auction clearance rates for the week ending 20 June 2008.

Source: RP Data

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