New South Wales’s property market has been bustling with activity, presenting a variety of opportunities for buyers and sellers alike. The latest week’s results, spanning from Mon 07 Aug 2023 to Sun 13 Aug 2023, reveal intriguing trends and valuable insights into the market dynamics.
NSW Auction Clearance Rate
The NSW auction clearance rate for the given week stood at 58%, reflecting a balanced market with a healthy ratio of successful auctions.
Number of Properties Sold at Auction
A total of 761 properties went under the hammer, with varying outcomes across different suburbs.
Number of Non-auction Sales
The information regarding non-auction sales is not available in the provided data.
Top 5 Suburbs Based on Number of Results Available
The top 5 suburbs for property sales activity, representing the number of properties that went for sale (not necessarily sold), are as follows:
- Port Macquarie, 2444 – 18 results available
- North Kellyville, 2155 – 12 results available
- Tamworth, 2340 – 12 results available
- Blacktown, 2148 – 11 results available
- Box Hill, 2765 – 11 results available
Identify Suburbs with the Highest or Lowest Number of Auctions
The suburb with the highest number of auctions was Port Macquarie, 2444 with 18 auctions, while the suburb with the lowest number of auctions was Yennora, 2161 with just 1 auction.
Disclaimer
The information and data provided in this publication, including home sales and auction results in New South Wales, are gathered by Baulkham Hills Conveyancing from various sources, which may include third parties such as real estate agents, auctioneers, and other data suppliers.
Baulkham Hills Conveyancing exercises due care in the collation of this information but does not make any guarantee, representation, or warranty as to the accuracy, completeness, timeliness, or reliability of the information provided. We expressly disclaim any and all liability, to the extent permitted by law, arising from or in connection with any errors, omissions, inaccuracies, or misrepresentations contained within this publication, and for any reliance placed on this information by readers or users of this data.
We strongly recommend that readers consult with a qualified professional or undertake independent verification of the information provided before making any decisions based on this data. Click on the following links to understand how the data is collected, how the clearance rate is calculated, and how other key terms are used.