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76% Clearance rate for Belconnen Auction venue

By Ben Faulks

In a market where there is an element of  uncertainty with future concerns over supply and demand and the looming Federal election, one area of the market has delivered an element of certainty for sellers – the Belconnen Arts Centre!

The iconic Northside building has been the home to Ray White Belconnen’s monthly Auctions in 2013, and since shifting operations to the new headquarters, the Belconnen team has achieved spectacular results.

In the first 4 months of 2013, the Ray White team has taken 23 properties to Auction at the Belconnen Arts Centre, and sold 16 of them on or before the Auction day resulting in a clearance rate of 76%.

According to information on the ACT clearance rate has been 37% over the same period.

Ray White Belconnen Principal Ben Faulks attributes the success to his team’s focus on working closely with buyers as well as sellers, and their belief in the Auction process.

Ray White Belconnen has 5 properties up for Auction on Thursday, 30th May at 6pm at the Belconnen Arts Centre.

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