Clearance Rates hit all-time high at Place
Contact
Dec 23, 2020
Clearance Rates hit all-time high at Place
Place has experienced weekly auction clearance rates consistently over 90% across Brisbane in the post-COVID market.
-
PlacePlace Estate Agents' Chief Auctioneer, Peter Burgin in action -
Place27 Riviera Place, Kenmore
Auction clearance rates have been rising across Brisbane in the post-COVID market with the Place reporting consistent results that have been exceeding 90% every week.
Place Estate Agents' Chief Auctioneer, Peter Burgin said the high clearance rates were largely due to stock shortage and a very competitive housing market.
Image: 19 Sylvia Street, Camp Hill. Source: Place
“This time last year, auction volumes were down during the same period and so was the clearance rate, so this shows remarkably strong results.
“The last auction of 2020 is December 23 and Place agents across Brisbane are booking Auctions in from early January with super weekends in the works.”
“Auctions are proving to be the most effective way to sell a home and in achieving the best possible price with no conditions, in the current climate,” he said.
Image: 19 Sylvia Street, Camp Hill. Source: Place
Place agent, Stuart McCrea said the auction of 19 Sylvia Street, Camp Hill attracted 130 attendees and 21 registered bidders before it sold or $1.295 million.
Located in a highly sought-after suburb, the captivating double-storey three-bedroom Queenslander offered exceptional family living spaces and featured breathtaking views plus an in-ground pool.
Image: 27 Riviera Place, Kenmore. Source: Place
Graceville agent, Paris Arthur had success with the $1.4 million sale of 27 Riviere Place, Kenmore which attracted 40 attendees and 48 watching live on GAVL. The well-located five-bedroom residence boasted river views and delivered substantial indoor and outdoor family living and entertainment zones.
Mr Burgin said auctions remain the best way to maximise the sale price of a home adding that the limited available stock for sale could see further spikes in selling prices.
Similar to this:
Demand for multi-generational properties on the rise in Brisbane - Place Estate Agents
Contact Details:
Contact details:
Peter Burgin
Place Chief Auctioneer
+61 419 782 985
Email
41228
41216
Peter Burgin
Stuart McCrea
Place Estate Agents
+61 499 585 888
Email
41228
41225
Stuart McCrea
Paris Arthur
Place Graceville
+61400 683 918
Email
41228
39432
Paris Arthur
