NewsBite

Sydney home gets $200k above reserve, as Melbourne auctions rocket

Sarah Petty

Melbourne recorded its strongest auction week in two years with more than three-quarters of homes changing hands as the combined capital city clearance rate rose for a fourth straight week.

Cotality data showed the preliminary national auction clearance rate was 74.4 per cent of 1574 auctions, the second-highest this year and above the 72.2 per cent reported a week ago.

Loading...
Sarah Petty covers commercial and residential property markets for The Australian Financial Review, based in the Melbourne newsroom. Email Sarah at sarah.petty@afr.com

Read More

Latest In Residential

Fetching latest articles

Most Viewed In Property

    Original URL: https://www.afr.com/property/residential/sydney-home-gets-200k-above-reserve-as-melbourne-auctions-rocket-20250720-p5mg9m