Auction clearance rates strong in Newcastle and Lake Macquarie

Auctions activity across Newcastle and Lake Macquarie ramped up last week, with 29 homes auctioned across the region, up from eight the week prior.

Last week's auction clearance rate of 72.4 per cent was significantly higher than the average rate recorded over December (55 per cent) in Newcastle and Lake Macquarie.

Last week's clearance rate of 72.4 per cent was significantly higher than the average rate recorded over December (55 per cent).