Cooley Auctions
August 2008
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In this newsletter
Monthly market wrap by Damien Cooley
Damien Cooley - Finalist in the Australasian Auctioneering Championships
Australasian Auctioneers Convention

This months snapshots

COOLEY AUCTIONS
Number 211
Sold 89
Withdrawn 36
Clearance rate 42%

SYDNEY METRO
Number 1,642
Sold 811

Withdrawn 217

Clearance rate 49%

Cooley Auctions market share 13%

As supplied by Australian Property Monitors

Monthly market wrap by Damien Cooley

The winter months have been a testing time for real estate businesses as the property market has slowed and volume levels are down considerably. Our auction stock levels have decreased for the first time in five years of trading, with May being the first time that we have ever booked fewer auctions than the same month in the previous year. June and July followed suit with numbers being down, however the good news is that during August we saw the numbers pick up again. (read more)

Damien Cooley - Finalist in the Australasian Auctioneering Championships

Damien was a finalist at this year's Australian Real Estate Institute's Australasian Auctioneering Championships, hosted in Darwin by the REINT.

Seventeen competitors from Australia and New Zealand competed in the heats on Monday September 1, with the top four competitors from these heats going into the finals the following day. (read more)

Australasian Auctioneers Convention

Bringing together an all-star team of Australia's top auctioneers, the Australasian Auctioneers Convention will be the most dynamic one-day event on the auctioneering calendar.

Award-winning young auctioneers Damien Cooley and Dane Atherton of event sponsors Cooley Auctions and Atherton Group are among five of Australia's leading auctioneers who will speak at the forum, all of whom are prolific and highly respected in the field. (read more)