By Roxanne Alterio · Place Estate Agents
A clearance rate measures the percentage of properties offered at auction that sell on the day, either under the hammer or immediately before or after. At 74%, roughly three in four properties that go to auction in Brisbane are selling successfully. The remaining 26% either pass in and are negotiated after auction or are withdrawn before the auction date.
If you have a question about anything in this article or your Brisbane property, Roxanne is happy to chat. Free and no obligation.