Australia’s auction market concluded the spring selling season with a lacklustre performance.

The preliminary clearance rate across the combined capital cities fell to 63.4%, on par with the first week of November as the lowest early clearance rate so far this year.

Across Melbourne, 64.1% of auctions were successful based on preliminary results, which was the third-lowest result of the spring selling season.

Sydney recorded a preliminary clearance rate of 65.1%. This was the fourth lowest preliminary clearance rate recorded this year, down from 68.4% the previous week, which was revised to 59.0% on final numbers.

Australia’s auction market has clearly stalled, as illustrated below:

Sydney’s monthly average clearance rate (58%) is the lowest since December 2022; Melbourne’s (58%) is the weakest since December 2023; and the national average clearance rate (57%) is the lowest since August 2022.

The decline in the auction market has been reflected in prices, with Sydney and Melbourne recording falls over the past month and prices at the 5-city aggregate level flatlining.

The golden opportunity’ that investors are overlooking

Thanks to an inactive Reserve Bank, Australians have been blindsided by term deposit rates that are up near 5 per cent. They should instead be selling stocks and locking in long-term interest rates.

For the sixth time this century, it is likely the Reserve Bank of Australia will finish a year without having changed cash rates.

While the RBA has made up its mind that 4.35 per cent is the appropriate cash rate for the economy, the collective wisdom of long-term interest rate markets cannot make up its mind whether that level is appropriate for the medium to longer term.

As we are approaching the festival season. Perhaps it is good time to consider re-balancing your investment portfolio by looking into an Alternative Investment in Credit Fund.

Matrix Capital Management, an Australian Financial Services License holder, offers alternative investment opportunities backed by mortgage securities over both residential and commercial properties. We provide tailored investment solutions that suit your needs, whether through pooled investments or individual deals.

Investment Opportunity Details:

Target Return: 9.50% per annum, net of all fees, payable monthly, quarterly, or annually depending on the investment terms.

Investment Strategy: The fund aims to generate returns through investments in:

• Mortgages held by the Trust until maturity
• Mortgages funded for distribution to other channels
• Mortgages as alternative investment opportunities
• Units in other trusts with exposure to underlying mortgage assets

Alternative to Traditional Lending Solutions

At Matrix Capital Management, we pride ourselves on flexibility and personalized service. As direct decision-makers, we control our own funds and don't have restrictive policies, giving us the ability to tailor solutions to your specific project needs.

Reach out to our friendly team today for a direct conversation about how we can support your development projects.

Interest Rates:	from 9.50%
Securities locations:	Major cities: Sydney, Melbourne & Brisbane Regional cities: Newcastle & Wollongong Rural: Byron Bay, Southern Highlands & Mornington Peninsula
LVR:	Up to 80%
Property Types:	Residential, Commercial, Industrial, Rural and Developments
Terms:	6 to 24 months
Mortgage:	1st & 2nd registered mortgage over security/ies
Valuation:	Will consider existing valuation no less than 3 months old
Approval times:	LOO issued within 24 hours
Settlement times:	48 hours funding once executed docs are certified