Brisbane the only capital city to see auction volumes rise in past week

first_imgAuctioneer George Trovas and Ray White Bulimba principal Roger Carr talk to bidders at an auction in Hawthorne over the weekend at 33 Aaron Avenue. Picture: AAP image/John Gass.BRISBANE was the only capital city that saw auction volumes rise last week, notching massive 18 per cent more than the same time the previous year.This as the long weekend and footy finals wreaked havoc on auction numbers across Australia’s capital cities, with 953 auctions held. More from newsMould, age, not enough to stop 17 bidders fighting for this homeless than 1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investorless than 1 hour agoNervous tension at a Hawthorne auction on Saturday. Picture: AAP image/John Gass. 33 Aaron Ave, Hawthorne sold for $2.12m under the hammer.Brisbane had 140 auctions last week, up from 115 for the same time in 2016.The city’s clearance rate was also higher than the previous year at 48.3 per cent.Across the capital cities, clearance rates hit their highest level since May this year (2,782), led by Melbourne where just under 90 per cent of properties sold under the hammer.last_img

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