Australian Property Monitors weekend auction results

Australian Property Monitors has shown the weekend auction results, showing a steady increase of the National auction clearance rate at 70% for August 2013.

Sydney still has the most expensive median value at $690,064 for June this year. Melbourne median prices have increased at 30% for the past 15 months.

For week ending September 28, 2013, Sydney posted an 81.5% clearance rate from 448 properties, Adelaide at 76% of 15 properties, Melbourne at 76% of 32 properties and Brisbane at 46% out of 49 properties that were purchased under the hammer.

Read more about this on APM Home Price Guide website.

Author: Dorian Traill

Dorian Traill is the current Director of Grand Capital Finance Group and Fountain Property Group. He specialize in home loans for people as well as helping them build wealth through quality investment properties that ultimately lead to long term financial freedom.

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