This week soars above the mediocrity of the previous week, but nonetheless features several disappointing features and cannot touch the heights seen in recent times.
115 auctions were scheduled, 69 results available – up from 70 scheduled and 56 available last week.
43 properties sold for a clearance rate of 62%, bringing this week’s figures into similar territory as the middling results of mid-March, which saw similar volume and an identical clearance rate. Though not as severe a trough as that experienced during and following Easter, this is a disappointing clearance rate.
The average selling price achieved was $617,516, similar to the previous week’s unexceptional $619,778.
Two million-dollar sales propelled it to this average, the first of these being 37 John Street, in Eastwood.
Blake Scholz and Josh Gillespie of Ray White Real Estate selling this home for $1,063,000.
With stylish heritage authenticity as well as countless contemporary conveniences, this ideally located home is well worth the selling price.
Blake Scholz and Josh Gillespie are Directors of Ray White Unley, and spoke to SA Real Estate News about their usage of social media, an essential component in scoring sales such as this, last year.
26 Tutt Avenue, in Kingswood, is the most lucrative sale of the week.
Its $1,100,000 auction facilitated by Jordan Begley of Toop&Toop Real Estate. Roughly 900 square metres of land is put to excellent use.
These range from the refined and irrigated garden, to the wide open living areas riddled with luxury. From the herringbone and subway tiling in the en suite and kitchen respectively, to the English character touches and timber flooring throughout.
These two stellar sales are the few glimmers of excellence in an otherwise unexceptional week.