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Magic Millions Perth Winter Sale: 80.4% Clearance Rate
At the Magic Millions Perth Winter Sale, the overall clearance rate was 80.4%, with an average price of $4,883, up from last year's corresponding sale; 168 lots of mixed age sold at an aggregate of over $820,000. Magic Millions managing director David Chester said he was delighted with the sale and rise in the average: "It was a really strong day's selling," Chester said. "I would call it a record crowd for this sale - the interest was outstanding....It was the first sale since the economic downturn that I sensed an upward trend. There seemed a lot more buyer confidence."