Here’s how I interpret auction clearance results

Now that lockdown restrictions have been loosened more and more vendors are putting their property to auction. In the good old days a Sunday wasn’t complete without checking the weekend clearance rates, especially for property pundits in Melbourne and Sydney. That’s because the auction results are a timely gauge of conditions of what’s going on […]

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Will the HomeBuilder grant get the desired results?

By now we all know about the federal government’s HomeBuilder scheme. Announced as one of the key pillars of the government’s COVID-19 economic recovery plan, the new HomeBuilder scheme will give owner-occupiers a cash grant of $25,000 towards a substantial renovation for their principal place of residence, or towards a new-build property. The question on […]

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This weekend’s auction results – Clearance rates around Australia

Low volumes at weekend auctions remain the order of the day, but remember this is a long “Queen’s Birthday” weekend in many parts of Australia. This was the fifth weekend for Sydney holding kerbside auctions and the fourth for Melbourne and this weekend the auction clearance rates were more subdued following a downward trend last […]

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