Auction slowdown on the cards

  • SYDNEY’S property boom is now in its fifth year — an unusually long period with unusually high price growth.

But the May auction results suggest there’s been a light tap on the brakes.

The slightly lower Saturday auction success has contributed to the current thinking that we’ve perhaps seen the peak.


Auctioneer Damien Cooley auctions off 27 Paling St, Lilyfield. Picture: Toby Zerna

Leave a Reply

Your email address will not be published. Required fields are marked *