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Market Update 02/06/2017

June 2, 2017
Market update

As the bitter Winter cold sets in this week the Auction results for May are as follows :

MARRICKVILLE
Auctions : 41
Sold : 22 (53.66%)
Sold Prior : 10 (24.39%)
Passed In : 7 (17.08%)
Withdrawn : 2 ( 4.88%)
Clearance Rate – 78.05%
http://attachedfiles.aunz.s3.amazonaws.com/14758/MAYAUCTIONRESULTS-MARRICKVILLE.pdf

DULWICH HILL
Auctions : 18
Sold : 9 (50.00%)
Sold Prior : 5 (27.78%)
Passed In : 4 (22.22%)
Clearance Rate – 77.78%
http://attachedfiles.aunz.s3.amazonaws.com/14758/MAYAUCTIONRESULTS-DULWICHHILL.pdf
HURLSTONE PARK
Auctions : 3
Sold : 1 (33.33%)
Sold Prior : 1 (33.33%)
Withdrawn : 1 (33.33%)
Clearance Rate – 66.67%
http://attachedfiles.aunz.s3.amazonaws.com/14758/MAYAUCTIONRESULTS-HURLSTONEPARK.pdf

For a full list of results simply click on the link below each suburb.

Compared to the holiday affected previous month of April the number of Auctions pretty much doubled from 32 to 62. Despite this increase in volume the clearance rates held strong just below the 80% level which is very impressive. This simply reinforces the message that demand is still outstripping supply across the Inner West.

We have three fabulous properties going to Auction on-site this Saturday (3/6/17) which include :

- 2.30PM : 14/71 The Boulevarde Dulwich Hill : 2 B/R Top floor security unit + car space
- 3.15PM : 34 Wardell Road Earlwood : 2-3 B/R freestanding original period home + LUG
- 4.00PM : 60 Stone Street Earlwood : 2 B/R freestanding derelict home + parking on 523sqm

All are available for a final inspection fifteen minutes prior and you are all most welcome to attend. Alternatively you can watch them live on our Facebook page by simply clicking on the link here: https://www.facebook.com/randwmarrickville