Sydney's inner west continues to dominate weekend auctions

Nicola TrotmanJuly 25, 2013

There are 335 scheduled weekend auctions across Sydney this weekend, up from last weekend’s 307, according to Australian Property Monitors.

The numbers are higher than the 323 auctioned over the same weekend a year ago.

Sydney’s inner west will be the most popular region for the second week in a row with 65 auctions scheduled.

The upper north shore follows with 37 auctions scheduled.

The city and east and the south both have 35 auctions scheduled, and Canterbury Bankstown has 33 scheduled.

Strathfield is again the most popular suburb with 14 auctions scheduled, followed by Yagoona at 7.

Ashfield and Georges Hall both have six auctions scheduled.

Strathfield is the most popular suburb for units with five scheduled auctions this weekend.

Last weekend’s strong auction clearance rate in Sydney was 81.4%, almost identical to the previous week at 81%.

APM senior economist Dr Andrew Wilson says it’s the highest clearance rates recorded in Sydney at this time of year since the 2002 housing boom.

Nicola Trotman

With a penchant for the written word, Nicola has built a career doing just this – now Creative Director at thriving Melbourne-based PR agency, Greenpoint Media.

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