Auctions

The auction market in Melbourne on Saturday achieved a clearance rate of 75 percent, slightly lower compared to last weekend’s 77 percent. The number of listed auctions was higher, though, at 685 and the number of reported auctions was also up at 518. With this results, Melbourne’s housing market remains bullish and buyers and sellers are not affected by forecasts of interest rate …

Continue Reading about Melbourne Auction Results | 22nd July 2017 →

The auction market in Melbourne on Saturday showed a strong performance and achieved a high clearance rate of 77 percent compared to last weekend’s 72 percent. This was despite a slightly lower number of listed auctions at 636 while the number of reported auctions was 474. Saturday’s clearance rate was the highest since June 10 this year. A total of 371 properties were sold with total sales …

Continue Reading about Melbourne Auction Results | 15th July 2017 →

The auction market in Melbourne on Saturday achieved a 72 percent clearance rate, lower by two percentage point from last weekend’s 74 percent. A total of 673 properties were listed for auctions while the number of reported auctions was 490. A total of 364 properties were sold with total sales amounting to more than $263,151,000. The median price recorded went up to $740,000 from last week’s …

Continue Reading about Melbourne Auction Results | 8th July 2017 →

The auction market in Melbourne remains to be in a strong position with 913 properties listed for auctions on Saturday and a 73 percent clearance rate. The number reported auctions was 690, slightly lower than last weekend’s 720. A total of 505 properties were sold this weekend with total sales amounting to more than $415,317,000. The median price recorded was $890,000 slightly higher compared …

Continue Reading about Melbourne Auction Results | 24th June 2017 →

Melbourne’s auction market had 982 properties listed for auctions on Saturday and recorded a 75 percent clearance rate. The number of listed auctions was higher from last week’s figure. Meanwhile, there were 720 reported auctions. A total of 549 properties were sold with total sales amounting to more than $445,903,000. The median price recorded was $879,000 compared to last week’s …

Continue Reading about Melbourne Auction Results | 17th June 2017 →

Melbourne’s auction market had fewer properties listed for auctions on Saturday but it achieved a higher clearance rate of 80 percent. The number of listed auctions was down to 267 while there were 181 reported auctions. The latest clearance rate was higher compared to last week’s 76 percent. A total of 147 properties were sold with total sales amounting to more than $104,972,000. The median price …

Continue Reading about Melbourne Auction Results | 10th June 2017 →

Melbourne’s housing market had more than a thousand properties auctioned on Saturday. With 1,143 auctions held, the market achieved a 77 percent clearance rate compared to last weekend’s 80 percent. Sold were a total of 679 properties while total sales recorded was up at more than $570,547,000. The median price was $839,000. This weekend’s auction numbers was close to the May Saturday record …

Continue Reading about Melbourne Auction Results | 27th May 2017 →

The auction market in Melbourne successfully sold 688 properties on Saturday achieving a higher clearance rate of 80 percent compared to last weekend’s 78 percent. The number of listed auctions was up at 1,120 while the number of reported auctions was 854. Total sales recorded was also up at more than $563,844,000. The median price was $891,000. Smaller homes with only two bedrooms are now …

Continue Reading about Melbourne Auction Results | 20th May 2017 →

Melbourne’s auction market in Melbourne achieved a 79 percent clearance rate on Saturday. The number of listed auctions was down to 655 from last week’s 1,045 while the number of reported auctions also dropped to 485 from 781. A total of 389 properties were sold with total sales amounting to more than $302,922,000. The median price recorded was $789,000. The Domain Group, on the other hand, …

Continue Reading about Melbourne Auction Results | 6th May 2017 →