#RESULTS

May

Market Highlights

Okay, some good news - the Federal Election is over, and the RBA announced yet another reduction in interest rates. So, what does this mean for the property market? Increased confidence. As the effect of the rate drops starts to trickle through, it will give buyers greater borrowing capacity & also provide some relief for mortgage holders. And this was evident in that our average sale price increased on a month-on-month comparison, from May 24 (when rates were going up) to May 25 (as they now start to come down).

Moreover, as you can see in our May Stats, we cleared 64% of sales – this means that the Sydney property market is in a good state. And if rates continue to drop, we anticipate further price growth.

Furthermore, we are now taking bookings for June & July, so if you do have any auctions coming up, we'd love to partner with you. Make sure you get your properties booked in now to secure your preferred date, time & venue.

Andrew Cooley
60

Total Auctions

64%

Clearance Rate

$19,208

Average Above Reserve

54%

Average Above Reserve

May

Best Results

LJ Hooker Padstow
75 Chamberlain Road, Padstow Heights
$0
$1,520,000 Reserve
14% Above Reserve
Ausrealty Sylvania
12 Cheddar Street, Blakehurst
$0
$2,300,000 Reserve
9% Above Reserve
Harwood Property Agents
14 Miller Place, Menai
$0
$1,550,000 Reserve
11% Above Reserve

May

Stats

Total Auction Volume
Clearance Rate
Sold Over Reserve
Average Over Reserve
Total Properties Sold Above Reserve
Sold Prior
Average Price
Total Value Sold
Average Registrations
Average Bids
Properties Opened with a Vendor Bid
2025
60
64%
1%
$17,010
60%
25%
$2.91M
$68.58M
4.9
13
11%
2024
78
65%
3%
$54,788
62%
31%
$1.98M
$100.40M
4.5
15
13%
2025
2025 Results
0
Auctions
0%
Clearance Rate
$0
Average Above Reserve
0%
Average Above Reserve
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Avenue

In The Media

Get In Touch

Wether you’re about to book an auction or you just want to find out more information on how auctioning your property is beneficial for you, get in touch and we can help you secure the best possible price for your prized asset.

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