Sunday 17 January 2016

Brisbane Weekly Auction Data

Well back into the swing of these for 2016, once again the enduro bike has failed in possibly the worse possible way. Snapped the swing arms in half out at Cornubia and somehow managed to walk away without a scratch on me, #shouldhaveboughtalottoticket.



The 2016 auction season has officially kicked it and naturally the number of auctions are severely low - however the clearance rate has significantly rose. In fact, it has been well documented that Brisbane had the best capital growth performance in Australia for the last quarter of 2015.



Look, I'm not going to look too much in depth into this, really it's a pointless piece of information but as shown below at the clearance rate has risen.



Housing sales again dominated the auctions, with a clearance of over 60%. It will be interesting to see how the remainder of 2016 goes considering a number of commentators arguing that Brisbane is going to receive a bit of a property boom given it's affordability and recent job growth.

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