Despite being in lockdown for fifteen weeks the Sydney auction market returned another boom time result, and despite a large increase in the number of properties put to auction, there was clearly not enough stock available to satisfy the strong demand for good properties.
This weekend 611 properties were taken to auction in Sydney considerably more the 455 that went to auction 7 days ago which was a long weekend. With lockdowns loosening the number of properties auctioned in Sydney is now likely to pick up. This weekend 47 Sydney properties were withdrawn from sale by auction, yet the preliminary clearance rate was a boom time level of 86.6%.
Sydney has been in lockdown for over 3 months now, yet the preliminary auction clearance rate was a “boom time” 86.6% – the sixth week in a row with clearance rates above 85%. Of course, this will be revised lower to around the low to mid 80%’s as the remaining auction results are collected. Clearly, online auctions are now an accepted selling method in Sydney, and Harbour City hosted 611 auctions, the highest number for a long time. Last week, a final clearance rate for Sydney as reported by Domain was 81.3%.
This weekend 36 properties that were planned to be auctioned this weekend were withdrawn from sale. Realestate.com.au reported that there were also 1,160 private sales in New South Wales over the last week, considerably less than the 1,557 private sales reported the week before; but remember it was a short week after a long weekend; and of course, many off-market sales would not have been reported.
This Privacy Policy governs the way Whome Group collects, uses, maintains, and discloses information collected from users (each, a “User”) of the https://www.whomegroup.com.au website (“Site”). This privacy policy applies to the Site and all products and services offered by Whome Group.
Personal identification information
We may collect personal identification information from Users in a variety of ways in connection with activities, services, features or resources we make available on our Site. We will collect personal identification information from Users only if they voluntarily submit such information to us. Users can always refuse to supply personal identification information, except that it may prevent them from engaging in certain Site related activities.
Non-personal identification information
We may collect non-personal identification information about Users whenever they interact with our Site. Non-personal identification information may include the browser name, the type of computer and technical information about Users means of connection to our Site, such as the operating system and the Internet service providers utilised and other similar information.
Our Policy for Protecting Your Online Privacy
This website uses Google Analytics to help analyse how users use the site. The tool uses “cookies,” which are text files placed on your computer, to collect standard Internet log information and visitor behaviour information in an anonymous form. The information generated by the cookie about your use of the website (including IP address) is transmitted to Google. This information is then used to evaluate visitors’ use of the website and to compile statistical reports on website activity Whome Group.
We will never (and will not allow any third party to) use the statistical analytics tool to track or to collect any Personally Identifiable Information (PII) of visitors to our site. Google will not associate your IP address with any other data held by Google. Neither we nor Google will link, or seek to link, an IP address with the identity of a computer user. We will not associate any data gathered from this site with any Personally Identifiable Information from any source unless you explicitly submit that information via a fill-in form on our website.
Further Information about Cookies
Our Site may use “cookies” to enhance User experience. User’s web browser places cookies on their hard drive for record-keeping purposes and sometimes to track information about them. User may choose to set their web browser to refuse cookies, or to alert you when cookies are being sent. If they do so, note that some parts of the Site may not function properly.
The Interactive Advertising Bureau (IAB) is an industry body that develops standards and guidelines to support online business processes. It has produced a series of web pages that explain how cookies work and how they can be managed.
How we use collected information
Whome Group may collect and use Users personal information for the following purposes:
• To personalise user experience
We may use information in the aggregate to understand how our Users as a group use the services and resources provided on our Site.
• To send periodic emails
We may use the email address to respond to their inquiries, questions, and/or other requests. • To facilitate services provided by us
How we protect your information
We adopt appropriate data collection, storage and processing practices and security measures to protect against unauthorised access, alteration, disclosure or destruction of your personal information, username, password, transaction information and data stored on our Site.
Sharing your personal information
We do not sell, trade, or rent Users personal identification information to others. We may share generic aggregated demographic information not linked to any personal identification information regarding visitors and users with our business partners, trusted affiliates and advertisers for the purposes outlined above.
We may share your personal information with our business partners for facilitating the services provided
Third party websites
Users may find advertising or other content on our Site that link to the sites and services of our partners, suppliers, advertisers, sponsors, licensors and other third parties. We do not control the content or links that appear on these sites and are not responsible for the practices employed by websites linked to or from our Site. In addition, these sites, or services, including their content and links, may be constantly changing. These sites and services may have their own privacy policies and customer service policies. Browsing and interaction on any other website, including websites which have a link to our Site, is subject to that website’s own terms and policies.
Changes to this privacy policy
Whome Group has the discretion to update this privacy policy at any time. When we do, we will revise the updated date at the bottom of this page. We encourage Users to frequently check this page for any changes to stay informed about how we are helping to protect the personal information we collect. You acknowledge and agree that it is your responsibility to review this privacy policy periodically and become aware of modifications.
Your acceptance of these terms
By using this Site, you signify your acceptance of this policy. If you do not agree to this policy, please do not use our Site. Your continued use of the Site following the posting of changes to this policy will be deemed your acceptance of those changes.
Contacting us
If you have any questions about this Privacy Policy, the practices of this site, or your dealings with this site, please contact us at:
