I’m pleased to announce that we saw an improvement in the Sydney Property Market throughout July, as our monthly clearance tipped over the 70% mark, landing at 72%.
Auction volume was again down in comparison to July of 2024, which has also been consistent thus far in 2025. There are many factors contributing to this, such as the winter school holidays, a weak economy, global uncertainty, and of course, the annual migration of many Aussies to Europe to escape the Sydney chill.
Moreover, as you can see in our July Stats, 53% of those owners who chose auction as their method of sale, sold for on average, at just shy of $30,000 above reserve – hence further indication of a strengthening market.
Furthermore, we are now taking bookings for August & September, 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.
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.