There were 1021 auction results reported this week, ending the 26th February. A total of 596 were sold at auction, 247 were passed in and 177 sold prior to auction. Data from the Real Estate Institute of Victoria report a clearance rate of 76%.
According to Domain, auction volumes for February continue to hold well and are expected to continue to increase heading into Autumn. The rate of properties sold prior to auction has increased as has auction clearance rates.
Did you know that we offer a bid at auction service? If you have already found a property you are interested in and would like a professional to help secure the property for you by bidding on auction day, Chamberlain Property Advocates can help.
Talk to me about how I can help you buy your new home faster, for less.
We do offer our negotiate service for those buyers in the market looking to pounce on opportunities that arise. Get in touch if you’d like to know more.
Ask about our Home Buyer Search and Acquisition Service, where we do all of the legwork on your behalf to MAKE IT EASY to secure your new home.
Give me a call on 03 9686 2288 to discuss how I can help. I offer a free consultation, so why not call today?
By Wendy Chamberlain
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With a passion for all things real estate spanning over 20 years, Wendy loves that her role as a Buyers Agent or Sellers Advocate gives her buying and selling clients an experienced voice they can trust when it comes to negotiating to buy or sell something as important as their home or investment. Wendy considers it a privilege to be asked to help others realise such an important goal as home ownership and to be trusted with that honour. Get in touch today via www.chamberlainadvocates.com.au for a no obligation chat about how Wendy can work with you and help you save time and money to secure your new home sooner.