auction
Residential Areas In Australia With Highest Auctions
Whether a property is likely to be auctioned or not depends largely on its geographic location, the type of dwelling and the price points. The trend towards higher auction sales has been picking up pace since the middle of 2012. This overlaps with the beginning of the current growth phase in the property market. 2015 was a year of strong growth. This coincided with a high percentage of homes being sold at auction, approximately 19.2% Of All Dwelling Sales (till the month of September). In phases of strong housing market conditions, auctions are a popular way to Sell A Residential Property. Market…
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