Brisbane's sales market, Real Estate Marketing

Useful Facts Without Opinions: Brisbane auction market

Unlike our frost-bitten Victorian cousins for example, Brisbane’s real estate agents don’t put a high percentage of properties to auction. Rough data suggests perhaps 10-15% of residential real estate is put under the hammer, but we are witnessing some growing interest from agents that could see this increase. Market researchers Core Logic do a Saturday afternoon ring around and produce weekly stats on auction results, market commentators often looking to them as a headline indicator of the trends in a local market. Here’s their latest graph:

Brisbane auction data

Source: Core Logic RP Data