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LANDSBURYS Market Update – Published 02 February 2015

New South Wales
Sydney Auction Clearance Rate (www.apm.com.au)
- Sydney recorded an auction clearance rate of 71% over the weekend with 97 properties listed.
Victoria
West Melbourne Apartment Development Announced (www.theurbandeveloper.com)
- Gurner has announced a $140 million luxury apartment project at 130 Dudley Street, West Melbourne.
- The development will comprise 3 towers and supply 241 one and two bedroom apartments.
Melbourne Auction Clearance Rate (www.apm.com.au)
- Melbourne recorded an auction clearance rate of 73% over the weekend with 59 properties listed.
Source: Landsburys Daily Wrap Feb 02, 2015