In the first big property auction weekend of the year, Northern Beaches experienced a phenomenal 83 per cent clearance rate.
Meanwhile, the general Sydney property market enjoyed a rate of 77 per cent.
There were over 50 homes going under the hammer in Northern Beaches, 8 of which were sold before auction, 36 sold on the day and only 9 passed or withdrawn.
This first weekend of auction is often considered the test for the selling season and the clearance rate is hinting at a good year for Sydney’s Northern Beaches.
If you are buying a home or purchasing an investment property in the Sydney area, it is crucial to get your target property checked before committing to the sale.