A long weekend normally brings a break from auctions, but not always.

With the auction year rolling on we saw the long weekend bring a reduced number of auctions with only 284 conducted and 222 sold, this means a clearance rate of 78% was achieved.

What I did see though was good numbers out at some properties and very low numbers at others.

We have a multi speed property market at the moment with different sectors performing in a vastly different way.

One sector that seems to be doing very well is the fully renovated home market as opposed to what I would call investor level apartments.

When looking at the property market it is important to take a micro economic approach instead of a macro as there are markets within markets and not everything moves as one.