Sydney's red-hot auction run heads into seventh week

Antony Lawes's Hot Auctions: 9am. 155 Eastern Valley Way, Castlecrag $1,100,000+. 3 bedrooms, 2 bathrooms, 3 car spaces. Three bidders are expected on Saturday, attracted by the property's lower price bracket for the North Shore. Inspect 8.30am. Agent Forsyth, 0425 337 011.

Will Sydney's autumn auction market continue its red-hot run this weekend by notching up the seventh straight clearance rate at or above 80 per cent?

Last weekend was the sixth consecutive weekend result of 80 per cent or more, and these record levels show no signs of slowing down.

What makes these numbers all the more remarkable is that it's not just buyers who are out in force. Auction numbers are also significantly higher so far this autumn as seller confidence soars. There were 1287 properties listed for auction in Sydney over the past two weekends, which is an increase of 392, or 43 per cent, on the 895 homes listed over the same two weekends last year.

Antony Lawes's Hot Auctions: 10am. 58 Forbes Street, Newtown $1,050,000+. 3 bedrooms, 1 bathroom, 1 car space. Up to eight bidders are expected and most have plans to renovate this severely dated terrace house. Inspect 8.45am Agent Raine & Horne Newtown, 0406 751 631.

This weekend the trend continues with another strong weekend of offerings. There are 632 homes scheduled to go under the hammer, which is 38.6 per cent higher than the 456 that were listed over the same weekend last year.

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The inner west is the most popular region for auctions this weekend, with 110 properties listed. Next highest is the south with 87, followed by the upper north shore with 73, the city and east with 70, the lower north with 65 and the northern beaches with 55 auctions.

Mosman is the most popular suburb for auctions this weekend, with 12 listed. This is followed by Strathfield with 10, Blacktown and Greenacre with nine each, and Erskineville with eight.

Antony Lawes's Hot Auctions: 12.45pm. 9 Pentonville Parade, Castle Hill $1,200,000+. 5 bedrooms, 2 bathrooms, 2 car spaces. Up to 10 parties are expected to battle it out for this luxurious five-year-old house. Inspect 12pm Agent McGrath Castle Hill, 0411 196 328.

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Sydney's red-hot auction run heads into seventh week

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