Society Real Estate

Society Real Estate Society Real Estate is a professional real estate firm serving both buyers and sellers of real estate. Committed and Professional.

Utilising the exceptional experience and knowledge, our experienced team will guide you along your real estate journey.

Australian home values continued to trend higher in April with CoreLogic’s national Home Value Index (HVI) rising 0.6%.T...
01/05/2024

Australian home values continued to trend higher in April with CoreLogic’s national Home Value Index (HVI) rising 0.6%.

This was on par with the pace of gains recorded in both February and March, with the month-on-month rise adding approximately $4,720 to the national median dwelling value.

April’s increase takes the current growth cycle into its 15th month, with housing values up 11.1% or approximately $78,000 since the trough in January last year.

Source Corelogic.

If you need assistance navigating the current market trends, feel free to reach out to me for personalised advice and support.

The number of scheduled auctions across the combined capital cities is set to reduce -7.7% this weekend, with 1,821 hom...
04/08/2023

The number of scheduled auctions across the combined capital cities is set to reduce -7.7% this weekend, with 1,821 homes scheduled for auction. Despite the decline, this weekend’s expected auction numbers are still 7.1% higher than the weekly average over the year to date (1,700).

This weekend’s activity is 23.8% higher than the same weekend last year, when 1,471 auctions were held and a combined clearance rate of 56.6% was achieved.

For more information, please visit societyrealestate.com.au or contact us.

Source Corelogic.

Combined clearance rate holds above 70% despite increased activity across the capitalsThe combined capitals saw 1,961 ho...
31/07/2023

Combined clearance rate holds above 70% despite increased activity across the capitals

The combined capitals saw 1,961 homes taken to auction this week, returning a preliminary auction clearance rate of 70.2%, from the 1,481 results collected. Despite a 13.1% increase in the number of dwellings taken to auction, as compared to last week (1,734), this week’s preliminary clearance rate reduced by only 50 basis points on last week’s result of 70.7%.

Although auction activity has been increasing for the past 3 weeks (which is counter to the typical seasonal trend through winter), the number of homes taken to auction is expected to decrease next week. This time last year, 1,913 dwellings were auctioned across the capital cities, and a final clearance rate of 54.0% was recorded.

Source CoreLogic & Domain

This weekend Melbourne remains in the number one position in front of Sydney with the number of properties being auction...
29/07/2023

This weekend Melbourne remains in the number one position in front of Sydney with the number of properties being auctioned, although the gap is closing.

Melbourne had 464 auctions scheduled today as reported by Domain, an increase from 427 properties being auctioned compared to last weekend. These numbers may change from those that were reported.

We look forward to providing todays auction results shortly.

Source Domain.

Domain has now finalised the Auction Results for Sydney, Melbourne, Brisbane, Adelaide and Canberra for Saturday 3rd Jun...
05/06/2023

Domain has now finalised the Auction Results for Sydney, Melbourne, Brisbane, Adelaide and Canberra for Saturday 3rd June 2023.

The weekends auction results being reported is Sydney 77%, Melbourne 72%, Brisbane 74%, Adelaide 81% and Canberra 75%.

Source Domain.

This weekend Melbourne continuing to be ahead of Sydney with the number of properties being auctioned, although the gap ...
03/06/2023

This weekend Melbourne continuing to be ahead of Sydney with the number of properties being auctioned, although the gap is closing.

Melbourne has 644 auctions scheduled today as reported by Domain today, a fall from 763 properties being auctioned as compared to last weekend. These numbers may change from those that were reported.

We look forward to providing todays auction results this evening.

Source Domain.

Capital City Auction Numbers – 27th May 2023Last weekend Melbourne continued to be ahead of Sydney with the number of pr...
30/05/2023

Capital City Auction Numbers – 27th May 2023

Last weekend Melbourne continued to be ahead of Sydney with the number of properties being auctioned. Melbourne has 763 auctions scheduled as reported by Domain, an additional 31 properties as compared to the previous weekend, so holding steady. These numbers may change from those that were reported.

Source Domain.

Capital City Auction Results – 20th May 2023Domain has now published the Auction Results for Sydney, Melbourne, Brisbane...
22/05/2023

Capital City Auction Results – 20th May 2023

Domain has now published the Auction Results for Sydney, Melbourne, Brisbane, Adelaide and Canberra for Saturday 20th May 2023.

Todays Auction Results Rate being reported in Sydney is 79%, Melbourne 74%, Brisbane 62%, Adelaide 65% and Canberra 67%.

A preliminary clearance rate is released each Saturday night by Domain after as many results as possible from that day’s auctions are tallied. A final result is calculated a few days later when all auction results are
collected.

Source Domain.

Capital City Auction Numbers – 20th May 2023Last weekend Melbourne continued to be ahead of Sydney with the number of pr...
22/05/2023

Capital City Auction Numbers – 20th May 2023

Last weekend Melbourne continued to be ahead of Sydney with the number of properties being auctioned. Melbourne had 733 auctions scheduled as reported by Domain, an additional 94 properties as compared to the previous weekend. These numbers may change from those that were reported. Preliminary results will be issued shortly by Domain.

Source Domain

This weekend Melbourne continuing to be ahead of Sydney with the number of properties being auctioned. Melbourne has 639...
13/05/2023

This weekend Melbourne continuing to be ahead of Sydney with the number of properties being auctioned. Melbourne has 639 auctions scheduled today as reported by Domain today, an additional 2 properties as compared to last weekend, so holding steady. These numbers may change from those that were reported. Preliminary results will be issued shortly by Domain.

Source Domain

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GPO BOX 448
Sydney, NSW
2001

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Thursday 9am - 5pm
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