Sydney had the highest auction clearance rate in almost four months at the weekend, as lower interest rates fuel decade-high levels of confidence and enthusiasm. The 82.4 per cent rate has not been topped since October, at the height of the spring selling season. Saturday’s result was also well ahead of the 70.5 per cent recorded last weekend and similar to the 84.4 per cent recorded over the same weekend last year. Read more: http://news.domain.com.au/domain/real-estate-news/buyers-storm-back-to-sydney-auctions-20150209-139p8g.html
DISCLAIMER: This disclaimer is a requirement of the Securities Industry Legislation Act. The writer of this article is not a practicing lawyer or financier. The information, statements and opinions expressed are intended only as a guide as to some of the important considerations to be taken into account relating to property investment. I strongly suggest that you consult with licensed professionals such as accountants, Lawyers, Valuers, Development Consultants, Quantity Surveyors and others, BEFORE signing any contracts or other binding documents.