NSW Property Sales Snapshot: A Week of Ups and Downs – Oct 02-08, 2023

Welcome to this week’s property sales roundup for New South Wales, covering the week from October 2nd to 8th, 2023. Get insights into the latest auction clearance rates, the suburbs buzzing with sales activity, and more!

 

Dates of the Latest Week Results:

Mon 02 Oct 2023 – Sun 08 Oct 2023

 

NSW Auction Clearance Rate:

The auction clearance rate for this week stood at 56%, indicating a balanced market between buyers and sellers.

 

Number of Properties Sold at Auction:

A total of 268 properties found new owners through auctions this week.

 

Number of Non-Auction Sales:

On the other side, 362 properties were sold through non-auction channels.

 

Top 5 Suburbs Based on Number of Results Available:

  1. Tamworth (Postcode: 2340) – 15 results
  2. Port Macquarie (Postcode: 2444) – 12 results
  3. Surry Hills (Postcode: 2010) – 12 results
  4. Cremorne (Postcode: 2090) – 10 results
  5. Mosman (Postcode: 2088) – 10 results

These suburbs have shown significant sales activity, making them the focal points for property enthusiasts this week.

 

Suburbs with the Highest or Lowest Number of Auctions:

While 390 suburbs had only one property go up for auction, Tamworth led the pack with 15 properties entering the auction ring.

 


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.

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