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Sydney auction clearance rates continue to impress

auction clearanceSydney’s auction clearance rates continue to impress. The capital city has posted a figure of 86.1% for the third weekend of September. Especially impressive is the figure for the Sydney Inner West- a mammoth 95% clearance rate, reports an article on Your Investment Property.

The western suburbs are doing almost as well though the auction numbers aren’t that high there. Also, 91% clearance rate for the Upper North Shore was a tad higher than 84% recorded by Canterbury and Southern Sydney. For records, Northwest has clocked a tidy figure of 81% too.

You can read the original article here.

How close to 100% do you think Sydney’s clearance rates can reach, knowing that there is nothing called a 100% clearance rate?