As Queensland's housing market is tipped to lead the country for capital growth in the next two years while prices in NSW and Victoria continue to slide, below are two recent articles on the current performance of Sydney and Brisbane's auction rates.
Sydney's slowing residential market is on track to record its fourth week this year below-50 per cent auction clearance rates, as ever-tighter lending slows conditions further in the country's largest city. Source: afr.com.au
A Newmarket house bought as an investment property almost three decades ago has sold under the hammer for seven times what the owners paid for it. Source: realestate.com.au