Figures from CoreLogic RP Data put the preliminary combined capital city clearance rate at 74.1% for last week, which puts it close to the previous week’s result of 74.6%.
The news wasn’t so good for Melbourne, with the preliminary clearance rate of 73% the lowest seen in the Victorian capital since mid-February.
The hardest hit area of the city was the Inner Melbourne sub-region, which with a preliminary clearance rate of 69.5% was the only sub region not to crack the 70% mark.
Sydney on the other hand had a much better week, with its preliminary result of 79.9% higher than the previous week’s final result of 77.3%.
Based on preliminary results, Central Coast was the strongest Sydney sub-region for the week with a 90.9% preliminary clearance rate.
Adelaide also looks to have had a week-on-week improvement, with a preliminary result of 74.2% last week after a final result of 68.1% the previous week.
Perth also looks to have had a good week, with its preliminary result coming in at 37.5% compared to last week’s 30.4%.
Despite a small decrease from 72.1% to 71.1% last week, there are still good signs for Canberra as it marks its fourth straight week with a clearance rate above 70%.
Brisbane looks like its clearance rate took a hit last week, with the preliminary result of 54.8% lowere than the previous week’s final result.
Out of six reported auctions in Tasmania there were four sales.
