Auction Clearances Dip

Auction clearances in Sydney dipped to 62% compared with 65% the weekend before. However Ray White Beecroft had a hugely successful auction in Albert Street Beecroft, with about 80 people present and fifteen registered bidders. After over 40 bids the property was finally sold for $999,000, against a reserve of $900,000! The owner sent Douglas Macarthur a hugely grateful and congratulatory testimonial.