Saturday Auction Preview – December 11, 2021
This weekend is the fourth consecutive Super Saturday with a record-breaking 3584 auctions set to go under the hammer.
The latest property insights from the Domain Research House
Australia’s 2021 property market will be defined as the year we re-imagined our homes and smashed many records.
A strong correlation exists between buyer search activity and property transactions, establishing Domain’s BDI as an accurate leading indicator of housing activity.
Tenants are in a landlords' market across most cities, and with international borders set to reopen, rental conditions could become even more competitive.
Another Super Saturday of auctions across the combined capitals.
Rising auction listings across the capitals have provided buyers greater choice, weakening clearances in Sydney, Melbourne and Canberra.
This is the second week in a row of Super Saturday auction volumes and the highest number recorded since March 2018.
This Super Saturday of auction volumes will test seller price expectations and buyer depth.
The growth in auction listings is continuing with 2517 auctions scheduled across the capitals this week.
Sydney’s median auction price for houses rose further from last month's record high, finishing the month at an all-time high of $2.04 million.
There are 2389 scheduled auctions across the capital cities this Saturday. Brisbane is set for its busiest auction week of the year with 148 scheduled.