by Wendy Chamberlain | Nov 9, 2015 | Auctions
Melbourne recorded a 69 percent clearance rate yesterday with a total of 1,189 scheduled auctions. Of that figure, 137 sold prior to auction, 308 passed in, 576 sold at auction and four sold after auction. In the past three weeks, Melbourne’s clearance rate...
by Wendy Chamberlain | Nov 1, 2015 | Auctions
Melbourne recorded a low clearance rate of 66 percent in yesterday’s auctions. A total of 490 properties were listed for auction, 371 were reported and 252 got sold. The total amount of sales noted was more than $151 million based on data from the Domain Group....
by Wendy Chamberlain | Oct 26, 2015 | Auctions
A 70 percent clearance rate was achieved over the weekend during auctions in Melbourne. A total of 1,479 properties were listed and 1,169 reported. Of that figure, 837 properties were sold with a total sales volume of more than $614 million. In the state of Victoria,...
by Wendy Chamberlain | Oct 19, 2015 | Auctions
The weekend auctions in Melbourne resulted in a 73 percent clearance rate compared to last weekend’s 74 percent. A total of 1,233 properties were listed, 957 were reported and 710 were sold. The median price noted was $780,000. For the entire state of Victoria,...
by Wendy Chamberlain | Oct 11, 2015 | Auctions
Yesterday was a record auction day for October in Melbourne achieving a clearance rate of 74 percent. There were a total of 1,250 properties listed, 981 reported and 737 sold. Domain Group noted that home sellers were more motivated to sell due to the weakening market...
by Wendy Chamberlain | Oct 6, 2015 | Buying a Home
The Reserve Bank of Australia (RBA) has maintained the cash interest rate at two percent. During its board meeting today, Reserve Bank Governor Glenn Stevens noted that as the economy is growing at below the long-term averages, their monetary policy needs to be...
by Wendy Chamberlain | Oct 6, 2015 | Buying a Home
Coburg is one of Melbourne’s suburbs situated 8 kilometers north of the CBD. Part of the City of Moreland, it has a population of 24,977 as of 2011. The suburb has hundreds of shops in it main commercial precinct and is also serviced by different public...
by Wendy Chamberlain | Oct 4, 2015 | Buying a Home
This AFL Grand Final weekend, Melbourne achieved a 56 percent clearance rate. A total of 51 properties were listed, 31 were reported and 18 were sold yesterday with a median price of $801,000. This weekend’s clearance rate was much lower than last...
by Wendy Chamberlain | Sep 27, 2015 | Auctions
Melbourne’s auction clearance rates these past weeks have remained steady at 73 percent. A total of 1,101 auctions were listed and 888 reported this weekend. The total number of properties sold was 658 with 10 withdrawn while the median price recorded was...
by Wendy Chamberlain | Sep 22, 2015 | Buying a Home
Melbourne has been named as most livable city in the world for five straight years. It has various reasons to be so including sufficient and affordable housing for all types of people. Thousands of suburbs exist in Melbourne and those who want to learn more about them...
