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Canberra auction results 19 May

Posted by Capital Appreciation | On: May 19 2013 | Comments (1)
There were 53 property auctions scheduled around the ACT and Queanbeyan over the past week. Twelve sold from the relatively high 28 midweek auctions and there were a further 11 sales from the 25 auctions scheduled on Saturday. One result is still not known. The...

ACT & Queanbeyan auction result 12 May

Posted by Capital Appreciation | On: May 12 2013 | Comments (31)
There were 43 property auctions scheduled around the ACT and Queanbeyan over the past week. In the ACT, there were 37 auctions with 11 selling at or after auction, 22 were passed in, two are not yet reported and a further two auctions occur today. Across the border...

State of the Canberra property market

Posted by Capital Appreciation | On: May 08 2013 | Comments (9)
I thought it was time to have a bit of a look at the state of the Canberra property market. There have been many real estate statistics released lately and I thought it would be good to look at them collectively to see how the Canberra market is faring. It’s...

ACT & Queanbeyan auction results 5 May

Posted by Capital Appreciation | On: May 05 2013 | Comments (26)
There were 61 property auctions scheduled around the ACT and Queanbeyan over the past week. In the ACT, there were 31 sales at or after auction, two sales prior to auction, 23 were passed in and one was withdrawn. Across the border there were four auctions with...

Canberra sales listings steady in April

Posted by Capital Appreciation | On: Apr 30 2013 | Comments (2)
The number of property sale listings across Canberra and Greater Queanbeyan on allhomes has remained steady in April at just under 2900 listings. This is slightly down on the number of properties listed for sale during April in 2012. One possible reason for the...

ACT & Queanbeyan auction results 28 April

Posted by Capital Appreciation | On: Apr 28 2013 | Comments (14)
A total of 38 property auctions were scheduled around the ACT over the last week with 12 selling at or after auction, two selling prior to auction, 22 were passed in, one was cancelled and one result is not reported. The clearance rate will fall around 37-40%....

Canberra auction results 21 April

Posted by Capital Appreciation | On: Apr 22 2013 | Comments (4)
Sorry for the late auction update. There were 18 property auctions around the ACT last week with seven selling at or after auction, one selling prior to auction and the remaining 10 were passed in. The clearance rate was 44%. Australian Property Monitors reported...

It keeps getting better for ACT renters

Posted by Capital Appreciation | On: Apr 19 2013 | Comments (2)
The situation continues to get better for renters across Canberra and Queanbeyan with the latest rental vacancy rate for Canberra rising to 1.5% according to SQM Research. The chart below shows that after the usual seasonal vacancy rate drop at the start of the...

ACT & Queanbeyan auction results 14 April

Posted by Capital Appreciation | On: Apr 14 2013 | Comments (15)
There were 52 auctions scheduled this week with 48 in Canberra and four across the border in Queanbeyan/Jerrabomberra. Twenty-one sold at or after auction, three sold prior to auction, two were withdrawn, 21 were passed in and five results are not reported at this...

ACT & Queanbeyan auction results 7 April

Posted by Capital Appreciation | On: Apr 07 2013 | Comments (10)
There were 33 auctions scheduled this week with 30 in Canberra and three across the border in Queanbeyan/Jerrabomberra. Fourteen sold at or after auction, four sold prior to auction, one was withdrawn, 13 were passed in and one result is not reported at this stage....

ACT property listings drop in March

Posted by Capital Appreciation | On: Apr 03 2013 | Comments (10)
According to allhomes, the number of sale property listings in Canberra and Greater Queanbeyan dropped by about 100 properties during March (see chart above). You might notice I’ve changed the scaling of my charts to help show the rises and falls more clearly. This...

Canberra Easter property auction results

Posted by Capital Appreciation | On: Mar 31 2013 | Comments (1)
With the Easter long weekend there were just 20 residential property auctions this week and all happened midweek. Nine sold at or after auction, three sold prior to auction, one was cancelled, and seven were passed in. The auction clearance rate is 60% for this...

ACT & Queanbeyan auction results 24 March

Posted by Capital Appreciation | On: Mar 24 2013 | Comments (15)
There were 47 residential property auctions again this week with 39 in Canberra and eight across the border in Greater Queanbeyan. Eighteen sold at or after auction, one was cancelled, 25 were passed in, and three results have not yet been reported. The auction...

ACT rental vacancy rate drops again but trend is still up

Posted by Capital Appreciation | On: Mar 21 2013 | Comments (26)
SQM Research have updated residential rental vacancy rates and they show that Canberra’s vacancy rate has dropped in February to 1.2% going from the table below or is it 1.3% (see chart above). Either way, it’s not surprising to see the rate continue...

Canberra auction results 17 March

Posted by Capital Appreciation | On: Mar 17 2013 | Comments (7)
There were 47 residential property auctions scheduled this week with 43 in Canberra and four across the border in Queanbeyan/Jerrabomberra. Seventeen sold at or after auction, three sold prior to auction, four were cancelled, 15 were passed in, four results have...

Canberra auction results 10 March

Posted by Capital Appreciation | On: Mar 10 2013 | Comments (6)
Canberra’s long weekend meant fewer residential property auctions this week with most of them happening midweek. All up, there were 28 auctions this week with 26 in Canberra and two across the border in Googong and Sutton. Twelve sold at or after auction,...

ACT real estate stocks rise 8.5% in February

Posted by Capital Appreciation | On: Mar 07 2013 | Comments (5)
SQM Research have updated their stock on market numbers and it’s no surprise that Canberra’s real estate stocks have risen strongly in February. Stock on market were up 8.5% during the month of February and 2.1% for the year. There was an increase...

ACT & Queanbeyan property auction results 3 March

Posted by Capital Appreciation | On: Mar 03 2013 | Comments (16)
Forty-one residential properties were up for auction this week with 38 in Canberra and three across the border in Queanbeyan/Jerrabomberra. Seventeen sold at or after auction, three sold prior to auction, 12 were passed in, five were withdrawn and four results...

Canberra property sales & median prices up in February

Posted by Capital Appreciation | On: Mar 02 2013 | Comments (4)
In February the total number of properties listed for sale remained more or less constant with around 2900 listings across Canberra and Greater Queanbeyan. The number of properties recorded as sold over the past 4 weeks has increased during February and currently...

ACT & Queanbeyan auction results 24 February 2012

Posted by Capital Appreciation | On: Feb 24 2013 | Comments (17)
There were 50 residential properties up for auction this week with 46 in Canberra and four over the border in Queanbeyan/Jerrabomberra. Twenty-one sold at or after auction, two sold prior to auction, 19 were passed in and eight results are not known with five of...