Monday, 29 May 2017

New South Wales

Sydney Auction Clearance Rates (www.domain.com.au)

• Sydney recorded an auction clearance rate of 76% over the weekend with 836 properties listed.

Double Bay Hotel Sold (www.theaustralian.com.au)

• Joint Venture Partners Shanghai United Real Estate and Zobon Real Estate Group have acquired the 140-room InterContinental Hotel at 33 Cross Street, Double Bay for $140 million ($1,000,000/key).

Victoria

Melbourne Auction Clearance Rates (www.domain.com.au)

• Melbourne recorded an auction clearance rate of 77% over the weekend with 1,143 properties listed.

#SydneyAuctionClearanceRates #DoubleBayHotelSold #MelbourneAuctionClearanceRates