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South Australia Property

03 July 2020 by News Desk

South Australia bucked the national trend of approvals for private sector houses in May, with the number of new dwelling approvals increasing 7.1 per cent.

New South Wales has also seen an increase with the number of new dwelling approvals rising one per cent, according to the Australian Bureau of Statistics

Total value of auction sales in May was $333 Million

The number of auction sales during the month saw Brisbane ahead of the pack followed by Canberra, Sydney, Melbourne and Adelaide.

Auction clearance rates:
Sydney 63%
Melbourne 61%
Brisbane 50%
Adelaide 60%
Canberra 80%

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For a range of official government information about Australia, visit https://www.Australia.gov.au

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