Quarterly Auction Market Review | Suburb by Suburb results

Quarterly auction clearance rate increases over the December quarter despite significantly higher auction volumes across the combined capital cities.

Over the 3 months to December 2019, the clearance rate across the combined capital cities came in at 70.3 per cent across 26,923 auctions.

Over the previous quarter, auction volumes were significantly lower with 16,730 homes taken to auction across the combined capitals, returning a clearance rate of 69.9 per cent.

In comparison, the December 2018 quarter saw 25,894 homes taken to auction, although the clearance rate was much lower at 43.6 per cent.

With the exception of Melbourne and Tasmania, clearance rates across the capital cities outperformed both the previous quarter and the December 2018 quarter.

Melbourne saw the clearance rate improve year-on-year however over the 3 months to December 2019 the clearance rate for the city came in at 72.8 per cent, slightly lower than the previous quarter (73.5 per cent).

Looking at the non-capital city markets, clearance rates have increased across 3 of the 5 regions over the December quarter.

The Geelong region returned the highest clearance rate over the quarter (62.8 per cent), while the Gold Coast was the busiest region with 634 homes taken to auction.

Auction Market Review Highlights

Quarterly summary, capital cities

Weekly clearance rate and volume of auctions, combined capital cities

Quarterly summary, regional

Canberra

Suburb	Clearance rate (Dec Qtr 19)	Total auctions (Dec Qtr 19)
Prospect	53.8%	28

Adelaide

Suburb	Clearance rate (Dec Qtr 19)	Total auctions (Dec Qtr 19)
Kambah	72.4%	35

Sydney

Suburb	Clearance rate	Total auctions		Suburb	Clearance rate	Total auctions
	(Dec Qtr 19)	(Dec Qtr 19)			(Dec Qtr 19)	(Dec Qtr 19)
Alexandria	91.9%	42		Concord	84.8%	47
Annandale	78.6%	51		Condell Park	60.0%	26
Arncliffe	66.7%	24		Coogee	80.3%	78
Artarmon	87.0%	28		Cremorne	88.7%	72
Ashfield	82.5%	59		Cronulla	69.2%	45
Auburn	63.6%	34		Croydon	76.2%	24
Avalon Beach	81.6%	50		Croydon Park	79.4%	38
Balgowlah	88.0%	27		Darling Po int	72.7%	27
Balmain	82.4%	41		Darlinghurst	62.8%	56
Bankstown	62.5%	30		Dee Why	84.8%	75
Baulkham Hills	85.5%	90		Double Bay	75.0%	30
Beecroft	60.7%	37		Drummoyne	83.3%	50
Bellevue Hill	69.8%	68		Dulwich Hill	86.7%	31
Belmore	75.0%	31		Earlwood	76.6%	52
Bexley	73.2%	64		Eastwood	70.2%	56
Blacktown	78.0%	67		Edgecliff	80.0%	21
Bondi	73.3%	35		Elizabeth Bay	68.8%	38
Bondi Beach	75.6%	54		Epping	85.7%	70
Bondi Junction	82.1%	36		Erskineville	84.6%	29
Botany	78.3%	30		Fairfield West	71.4%	21
B righto n-Le-Sands	78.3%	29		Fairlight	76.9%	29
Bronte	77.4%	34		Forestville	75.0%	23
Burwood	76.2%	25		Frenchs Forest	78.1%	37
Cammeray	78.6%	37		Freshwater	77.5%	44
Camperdown	100.0%	29		Gladesville	92.9%	35
Caringbah	69.6%	32		Glebe	86.2%	32
Caringbah South	72.7%	40		Gordon	77.3%	27
Carlingford	70.9%	58		Greenacre	78.0%	45
Castle Hill	76.7%	99		Hornsby	81.8%	23
Hunters Hill	73.7%	51		Panania	100.0%	23
Hurstville	85.2%	34		Parramatta	62.5%	39
Kellyville	68.6%	85		Pennant Hills	80.0%	25
Killara	62.1%	37		Petersham	90.9%	24
Kingsfo rd	100.0%	35		Potts Po int	81.6%	59
Kingsgro ve	67.9%	31		Punchbowl	63.9%	40
Kirrawee	80.0%	29		Pymble	86.1%	41
Lane Cove	87.0%	53		Pyrmont	73.0%	43
Lane Cove North	83.3%	48		Randwick	88.0%	123
Leichhardt	91.7%	53		Redfern	83.8%	45
Lindfield	68.2%	29		Revesby	88.0%	27
Manly	73.7%	92		Rockdale	77.3%	25
Maroubra	74.6%	68		Rose Bay	75.6%	49
Marrickville	84.5%	76		Roselands	68.2%	25
Marsfield	85.7%	40		Roseville	77.4%	39
Mascot	52.4%	26		Rozelle	82.1%	32
Matraville	70.0%	27		Ryde	78.9%	71
Merrylands	63.3%	34		Sans Souci	46.7%	34
Miranda	67.9%	33		Seaforth	75.0%	23
Mona Vale	77.8%	45		St Ives	74.7%	94
Moorebank	61.9%	22		Stanmore	95.7%	25
Mortdale	82.6%	25		Strathfield	84.5%	71
Mosman	74.2%	141		Surry Hills	83.3%	75
Naremburn	76.9%	31		Sydney	76.2%	27
Neutral Bay	94.6%	44		Sylvania	51.9%	36
Newport	56.1%	49		Turramurra	72.4%	35
Newtown	95.6%	49		Vaucluse	66.7%	49
North Bondi	71.0%	37		Wahroonga	90.2%	62
North Rocks	80.0%	26		Waterloo	81.0%	23
North Ryde	92.0%	29		Wentworth Po int	56.5%	24
North Sydney	76.7%	40		Wentworthville	83.3%	29
Oatley	71.4%	38		West Ryde	86.4%	30
Paddington	90.6%	75		Westmead	76.2%	24
Padstow	90.0%	34		Willoughby	75.0%	27
Chatswood	79.6%	67		Cherrybrook	66.7%	29
Chester Hill	63.3%	30		Clovelly	81.8%	25
Wollstonecraft	93.5%	35		Woollahra	78.4%	47
Yago o na	83.8%	42

Brisbane

Suburb	Clearance rate	Total auctions		Suburb	Clearance rate	Total auctions
	(Dec Qtr 19)	(Dec Qtr 19)			(Dec Qtr 19)	(Dec Qtr 19)
Bulimba	62.5%	28		Norman Park	42.9%	21
Camp Hill	56.0%	29		Paddington	66.7%	29
Sunnybank Hills	46.9%	35		West End	42.9%	24

Melbourne

Suburb	Clearance rate	Total auctions		Suburb	Clearance rate	Total auctions
	(Dec Qtr 19)	(Dec Qtr 19)			(Dec Qtr 19)	(Dec Qtr 19)
Box Hill North	86.7%	66		Brunswick West	57.7%	61
Abbotsford	82.4%	39		Bulleen	66.1%	61
Airpo rt West	76.5%	38		Bundoora	76.7%	97
Albert P ark	67.9%	31		Burwood	77.6%	77
Altona	75.6%	61		Burwood East	88.9%	32
Altona North	50.0%	54		Camberwell	64.4%	107
Armadale	60.5%	52		Canterbury	67.6%	38
Ascot Vale	85.1%	59		Carlton North	87.5%	26
Ashburton	71.9%	37		Carnegie	81.2%	93
Ashwood	79.2%	30		Caroline Springs	59.3%	36
Aspendale	76.9%	30		Caulfield	83.3%	28
Box Hill South	73.3%	48		Braybrook	44.8%	32
Brighton	72.0%	141		Brighton East	70.4%	85
Broadmeadows	60.0%	38		Brunswick	75.6%	45
Brunswick East	67.6%	44		Vermont South	82.8%	30
Caulfield South	83.3%	46		Frankston South	58.1%	33
Chadstone	69.6%	64		Gladstone Park	91.2%	34
Chelsea	70.0%	23		Glen Huntly	61.9%	25
Cheltenham	79.8%	99		Glen Iris	79.1%	103
Clayto n	80.4%	53		Glen Waverley	73.7%	174
Clayton South	71.9%	38		Glenroy	79.8%	104
Coburg	80.0%	102		Greensborough	78.4%	80
Coburg North	68.8%	34		Greenvale	70.3%	73
Collingwood	77.8%	33		Hadfield	69.2%	28
Craigieburn	67.5%	171		Hampton	78.8%	60
Croydon	87.5%	52		Hawthorn	86.2%	104
Dandenong	56.7%	36		Hawthorn East	83.6%	81
Dandenong No rth	62.9%	39		Heathmont	80.6%	33
Diamo nd Creek	66.7%	27		Heidelberg	78.3%	27
Dingley Village	89.7%	31		Heidelberg Heights	77.3%	27
Doncaster	73.7%	110		Highett	70.8%	80
Doncaster East	73.0%	113		Hillside	70.6%	42
Donvale	76.9%	48		Hoppers Crossing	51.2%	50
Doreen	65.0%	46		Hughesdale	66.7%	34
Dromana	28.6%	25		Ivanhoe	72.7%	38
Edithvale	76.9%	27		Keilor East	73.0%	69
Elsternwick	87.1%	40		Kensington	81.8%	39
Eltham	64.7%	56		Kew	72.7%	103
Elwood	67.5%	89		Kew East	84.6%	27
Epping	69.3%	109		Keysborough	72.9%	62
Essendon	76.8%	91		Kingsville	65.2%	28
Fairfield	95.0%	23		Knoxfield	73.1%	28
Fawkner	83.7%	51		Lalor	83.3%	76
Ferntree Gully	86.7%	50		Macleod	78.4%	41
Fitzroy	86.7%	50		Maidstone	62.9%	40
Fitzroy North	74.2%	38		Malvern	82.9%	50
Footscray	67.9%	61		Malvern East	75.0%	105
Fo rest Hill	94.7%	42		Maribyrno ng	54.8%	36
Frankston	67.5%	83		Mckinno n	72.7%	27

 

Melbourne	73.1%	85		Ringwo od East            74.3%	42
M entone	75.8%	77		Rosanna                      70.0%	36
Mernda	65.4%	59		Rosebud                      70.0%	37
Mickleham	44.4%	38		Rowville                      72.5%	58
Mill Park	80.2%	94		Roxburgh Park             63.6%	50
Mitcham	74.3%	73		Rye                            61.5%	28
Mont Albert North	88.5%	31		Sandringham                83.0%	55
Montmorency	68.8%	35		Seaford                       87.5%	27
Moonee Ponds	77.6%	55		Seddon                        85.7%	22
Moorabbin	73.1%	28		South Melbourne          75.7%	39
Mordialloc	65.7%	42		South Morang              71.8%	91
Mornington	83.3%	30		South Yarra                  72.4%	101
Mount Waverley	75.7%	200		Southbank                   65.4%	31
Mulgrave	90.0%	74		Springvale                    75.7%	40
Murrumbeena	81.8%	47		St Albans                    57.7%	63
Newport	70.1%	80		St Kilda                       75.5%	110
Niddrie	50.0%	33		St Kilda East                80.0%	74
Noble Park	75.7%	71		St Kilda West               75.0%	28
North Melbourne	71.0%	35		Strathmore                  75.0%	43
Northcote	71.7%	125		Sunshine                     91.2%	37
Nunawading	82.4%	59		Sunshine North            66.0%	58
Oak Park	75.0%	37		Sunshine West             60.4%	57
Oakleigh South	79.3%	35		Surrey Hills                  78.3%	51
Ormond	77.1%	45		Sydenham                   66.7%	23
Parkdale	90.2%	43		Tarneit                         42.9%	28
Pascoe Vale	82.5%	116		Taylors Hill                  90.9%	25
Pascoe Vale South	65.2%	27		Taylo rs Lakes              76.2%	24
Point Cook	44.7%	89		Templestowe               68.6%	61
Po rt Melbourne	67.1%	94		Templestowe Lower      71.1%	49
Prahran	75.9%	66		Thomastown                77.1%	54
Preston	80.9%	135		Thornbury                    79.3%	91
Reservoir	68.0%	221		Toorak                        54.3%	67
Richmond	67.2%	134		Tullamarine                  73.1%	27
Ringwood	63.2%	66		Vermont                      82.9%	38
Wantirna	76.6%	51		Wantirna South 71.6%	73
Werribee	81.4%	50		West Footscray 80.4%	51
Westmeadows	74.1%	30		Wheelers Hill 76.0%	51
Wollert	48.2%	65		Yarraville  84.0%	611

 

from Property UpdateProperty Update https://propertyupdate.com.au/quarterly-auction-market-review-suburb-by-suburb-results/