Eastern suburbs rank as Sydney's highest auction performer
Sydney's eastern suburbs were the best performing sub-region in Sydney which scored a 66.6 percent clearance rate at the weekend, according to CoreLogic.
They cleared nearly 80 percent of their 114 auctions held.
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Headlining the sales was a Randwick home (top) that belonged to the same family for the last 70 years.
That fetched $3.1 million when it sold through Black Lifestyle Property agent Jason Black.
There's been no price disclosure, but a Hamptons style Watsons Bay home sold at auction last weekend through Ballard Property.
The three bedder last sold for $2.35 million in 2014.
Joel Robinson
Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.
