July Cooley Index - Sydney Metro Residential
| July 2018 | July 2017 | |
|---|---|---|
Total auction volume | 194 | 279 |
Clearance rate | 52% | 65% |
Sold over reserve % | 49% | 59% |
Average over reserve $ | $4,406 | $32,890 |
Sold prior % | 24% | 28% |
Average price | $1,108,185 | $1,318,777 |
Total value sold under the hammer | $76,143,500 | $157,613,500 |
Average number of registered bidders | 2.5 | 3.2 |
Average number of bids | 9 | 10 |
Properties that opened with a Vendor Bid | 7% | 26% |
Last month'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 $4,800,000
Bidders 3
Bids 11
Over reserve $50,000 (1%)
Agent Georgia Cleary
Highest Price
55 Cambridge Street Paddington
Sold on location
Result $1,800,000
Bidders 8
Bids 10
Over reserve $300,000 (20%)
Agent Ron DiDonato
Highest Over Reserve (%)
7 Cabramatta Road Woolooware
Sold in-room
Result $476,000
Bidders 10
Bids 55
Over reserve $66,000 (16%)
Agent Mia Fredrix
Most Bids
1/52 Hornsey Street Rozelle
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