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CoreLogic Commercial Auction Summary Top Sale Price of the Week 71A Burrows Road, Alexandria, NSW, 2015 Sale Price $3,830,000 Property Type Warehouse Sale Method Sold at Auction Selling Agencies LJ Hooker Commercial - South Sydney Share of Commercial Property Sale by Type, Australia Wide – Week ending 17 th of August Industrial Retail Hotel & Leisure Office Medical & Misc. 57% 29% 0% 14% 0% Week Ending 24 th August 2018 | www.corelogic.com.au CoreLogic’s preliminary auction tracking reported 12 commercial properties being taken to market over the week ending August 24, with 8 sales, providing a preliminary auction clearance rate of 67%. The rolling four week trend (64.8%) has been improving since the second week of July, with last week’s preliminary data providing the highest clearance rate trend since early June. Industrial properties continue to comprise the large majority of auction sales, however analysing CoreLogic auction data over the year to date shows industrial and retail auction sales have comprised a relatively similar proportion of the market at 32.5% and 31.3% respectively. The standout sale was a warehouse in Sydney’s Alexandria which sold at auction for $3.83 million. Historical Clearance rates have data breaks where there are less than 12 observations in the week

CoreLogic Commercial Auction Summary · CoreLogic auction data over the year to date shows industrial and retail auction sales have comprised a relatively similar proportion of the

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Page 1: CoreLogic Commercial Auction Summary · CoreLogic auction data over the year to date shows industrial and retail auction sales have comprised a relatively similar proportion of the

CoreLogic Commercial Auction Summary

Week Ending 3rd November 2017 | www.corelogic.com.au

Top Sale Price of the Week

71A Burrows Road, Alexandria, NSW, 2015

Sale Price $3,830,000

Property Type Warehouse

Sale Method Sold at Auction

Selling Agencies LJ Hooker Commercial -South Sydney

Share of Commercial Property Sale by Type, Australia Wide – Week ending 17th of August

Industrial Retail Hotel & Leisure Office Medical & Misc.

57% 29% 0% 14% 0%

Week Ending 24th August 2018 | www.corelogic.com.au

CoreLogic’s preliminary auction tracking reported 12 commercial properties being taken to market over the week ending August 24, with 8 sales, providing a preliminary auction clearance rate of 67%.

The rolling four week trend (64.8%) has been improving since the second week of July, with last week’s preliminary data providing the highest clearance rate trend since early June.

Industrial properties continue to comprise the large majority of auction sales, however analysing CoreLogic auction data over the year to date shows industrial and retail auction sales have comprised a relatively similar proportion of the market at 32.5% and 31.3% respectively.

The standout sale was a warehouse in Sydney’s Alexandria which sold at auction for $3.83 million.

Historical Clearance rates have data breaks where there are less than 12 observations in the week