Strong Auction Results in May

The Sydney auction market has ‘found its feet’ again after showing signs of faltering, according to a leading economist. Senior economist at Australian Property Monitors (APM), Dr Andrew Wilson, said Sydney’s results were positive heading into the winter months.  “Sydney’s record-breaking autumn auction market finished on a high at the weekend reporting another strong clearance rate of 78.9 per cent," he said.

On Satureday Ray White Beecroft sold both properties offered for auction:
A duplex at 7 Kethel Road Cheltenham sold by Douglas Macarthur

 

and a townhouse at 11/86 Wrights Road Kellyville sold by Peter Raco.