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Almost two-thirds of auctions scheduled in Melbourne during the week ending last Sunday were withdrawn.
AUCTION
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Cracking into Canberra's property market was already a struggle, but the current lockdown has made buying a home even more difficult.
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Covid lockdowns have failed to dampen auction clearance rates, with nearly two thirds of properties put to market selling at the weekend.
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The latest CoreLogic data shows Australia’s property market is firing on all cylinders, mirroring the last price peak seen four years ago.
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On-site auctions and inspections are banned as part of SA’s snap seven-day lockdown, but that doesn’t mean the industry will come to a standstill.
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Sydney’s property market is being affected by the city’s lockdown with auction volumes dropping around 17 per cent this week.
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A grand mansion in one of Toorak’s most prestigious streets has sold at auction for a whopping $14.25 million.
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The fear of never owning a home is producing a spike in so-called "snap" or "on-the-spot" auctions.
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Australian property prices may be approaching a ceiling after one of the fastest growth periods on record.
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A Bondi Beach house has fetched the princely sum of $5.8 million as Sydney's property market roars.
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A Sydney home has sold for $1 million more than the vendor paid for it just five months ago, after just one change to the property.
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Perth’s booming housing market has led to a rise in the number of properties going under the hammer.
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