September Cooley Index - Sydney Metro Residential
| September 2018 | September 2017 | |
|---|---|---|
Total auction volume | 374 | 406 |
Clearance rate | 52% | 65% |
Sold over reserve % | 51% | 63% |
Average over reserve $ | $2,511 | $50,458 |
Sold prior % | 29% | 35% |
Average price | $1,110,553 | $1,340,983 |
Total value sold under the hammer | $134,892,950 | $197,807,000 |
Average number of registered bidders | 2.5 | 3.1 |
Average number of bids | 8 | 10 |
Properties that opened with a Vendor Bid | 24% | 24% |
Last week's stand out performers
It pays to know, close to one in two homes in the Eastern Suburbs are auctioned by the team at Cooley Auctions. So if it's accurate information you're after we are the best place to enquire.
Sold in-room
Result $3,810,000
Bidders N/A (commercial property)
Bids 2
Over reserve $10,000
Agent Tom Reesby
Highest Price
Unit 19, 198-222 Young Street, Waterloo
Sold on location
Result $990,000
Bidders 3
Bids 29
Over reserve $65,000 (7%)
Agent Albert Sassoon
Highest Over Reserve (%)
7/28 Junction Street, Woollahra
Sold on location
Result $1,155,000
Bidders 6
Bids 80
Over reserve undisclosed
Agent Matthew Hayson
Most Bids
11 Slade Street, Rozelle
Subscribe to the Cooley Index
Stay at the forefront of the industry. Here you will be able to reference real-time auction statistics, trends and be informed about current market performance and benchmarks.
We are market leaders in Auctions. Our goal is to be completely transparent with the data we collect. Many auction companies will tell you when they have a bid day or strong clearance, but we tell you as it is, to the date, all the time.