Last month's Cooley Index - Sydney Metro residential
| May 2017 | May 2016 | |
|---|---|---|
Total Auction Volume | 402 | 323 |
Clearance Rate | 75% | 73% |
Sold Over Reserve % | 65% | 62% |
Average over reserve $ | $57,630 | $30,337 |
Sold Prior % | 35% | 32% |
Average Price | $1,476,873 | $1,323,242 |
Total value sold under the hammer | $281,646,000 | $221,027,750 |
Average number of registered bidders | 4 | 4 |
Average number of bids | 13 | 12 |
Properties that opened w/ Vendor Bid | 25% | 29% |
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 So if it's accurate information you're after or you honestly want to know if a property has withdrawn, passed in, or sold prior we are the best place to enquire.
SOLD in-rooms
Result $6,650,000
Bidders 6
Bids 23
Over reserve $2,225,000 (33%)
Agent Michael Wydeman
Highest Price
38-42 Burns Bay Road Lane Cove
SOLD in-rooms
Result $2,700,000
Bidders 4
Bids 18
Over reserve $1,200,000 (80%)
Agent Joel Soldado
Highest Over Reserve (%)
3 Queen Street Cooks Hill
SOLD on location
Result $1,830,000
Bidders 3
Bids 46
Over reserve $30,000 (2%)
Agent Joe Recep
Most Bids
114 Doncaster Avenue Kensington
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