Combined capital city clearance rate expected to reach highest point since May 2017
The final weekly clearance rate for the combined capital cities is expected to hold above 70 per cent for the first time in more than two years, according to the latest data.
Brisbane
Brisbane saw higher auction volumes week-on-week while Adelaide, Canberra, Perth and Tasmania all saw fewer homes taken to auction.
Apollo Auctions had an average attendance of 20.4 people, with 2.3 registered bidders.
Auctioneer Justin Nickerson said a clearance rate of 53.8 per cent was a continuation of the improvement experienced so far in the back half of the year.
"Registered bidders were again out in force with an average of 2.3 of which over 60 per cent participated in the auction," he said.
"The warm weather also played it’s part, with crowd numbers again strong across the majority of auctions returning an average of in excess of 20 people per auction."