Original article by Su-Lin Tan
The Australian Financial Review – Page: 3 : 26-Oct-15

The residential property market in Sydney boasted an auction clearance rate of around 64 per cent on the weekend of 24-25 October 2015, compared with 75 per cent 12 months ago. Andrew Wilson of Domain Group says the clearance rate is likely to fall below 60 per cent in coming weeks, noting the recent rise in the major banks’ mortgage interest rates. The clearance rate in Melbourne was 69.8 per cent.

CORPORATES
DOMAIN.COM.AU, WESTPAC BANKING CORPORATION – ASX WBC, STARR PARTNERS (MERRYLANDS), LAING AND SIMMONS HOLDINGS PTY LTD, BELLE PROPERTY PTY LTD