Market Trends & Analysis
Our integration with EI Group's property database allows us to provide comprehensive market analysis based on historical auction data.
Success Rates by Property Type
Residential properties consistently achieve the highest success rates at auction, with an average of 85% sold over the past 12 months.
Average Price Trends
Average sold prices have increased by 6.8% over the past year, with particularly strong growth in the commercial sector.
Rising Demand
Auction demand has increased by 12% in 2023 compared to the same period last year, with more buyers turning to auctions for speed and certainty.
Property Types
Residential properties remain the most popular at auction (65%), followed by commercial (22%), land (8%), and mixed-use (5%).
Price Performance
Properties sold at auction achieve an average of 8.5% above their guide price, demonstrating the competitive nature of the auction environment.
Regional Variations
Northern regions are showing the strongest growth in auction performance, with success rates up 7.2% year-on-year.