For the week ending the 30th April, a total of 770 houses were scheduled to go under the hammer. There were 561 homes sold at auction this week, with 209 homes passed in and 145 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 73%. Melbourne’s coastal suburbs and regional towns are dominating the top spots for house …
Melbourne Weekend Auction Results | 22nd August 2021
The week ending 22nd August delivered a clearance rate of 98% from the 281 auctions reported for the period (based on REIV data). At the same time last year, a mere 95 auctions were reported while Victoria battled through its second wave of the pandemic. 138 homes sold at auctions and 136 sold before auction, with 7 passed in. 220 properties were withdrawn from sale and 527 auctions were …
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Melbourne Weekend Auction Results | 15th August 2021
The week ending 15th August delivered a clearance rate of 95% from the 374 auctions reported for the period (based on REIV data). At the same time last year, 107 auctions were reported and an 89% clearance rate achieved. 213 homes sold at auction and 142 sold before auction, with 19 passed in. 205 properties were withdrawn from sale and another 478 auctions were postponed. As we outlined …
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Melbourne Weekend Auction Results | 7th August 2021
The week ending 7th August delivered a clearance rate of 90% from 391 auctions reported for the period (based on REIV data). At the same time last year, 179 auctions were reported and a clearance rate of 90% achieved. 265 homes sold at auction and 88n sold before auction, with 38 passed in. 116 properties were withdrawn from sale and another 699 auctions were postponed. The unexpected, …
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Melbourne Weekend Auction Results | 31st July 2021
The week ending 31st July delivered a clearance rate of 88% from the 426 auctions reported across Victoria. (Based on REIV data). At the same time last year, 213 auctions were reported and a clearance rate of 77% was achieved. 276 homes sold at auction and 101 sold before auction, with 49 passed in. 18 properties were withdrawn from sale. 594 auctions were postponed. One particular …
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Melbourne Weekend Auction Results | 17th July 2021
The week ending 17th July delivered a clearance rate of 92% at auctions across Victoria, according to REIV data. There were 522 auctions reported for the period, a substantial decrease on the 960 reported for the previous week. At the same time last year, there were 251 auctions reported with a clearance rate of 80%. 315 homes sold at auctions and 163 sold before auction, with 43 passed …
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Melbourne Weekend Auction Results | 10th July 2021
The week ending 10th July delivered a clearance rate of 80% from the 719 auctions reported across Victoria, according to REIV data. In the previous week, the clearance rate was also 80%, however volume was higher, with 935 auctions reported. 440 homes sold at auction last week, while another 131 sold before auction, with 147 passed in. 27 properties were withdrawn from sale. Among the …
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Melbourne Weekend Auction Results | 26th June 2021
The week ending 26th June brought a sharp increase in the number of auctions across Victoria following the easing of COVID-19 restrictions. There were 924 auctions reported for the period, which is almost 45% higher than the 642 reported the previous week (based on REIV data). This time in 2020, there were 498 auctions reported across the state. The clearance rate for the week was 79%, a very …
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Melbourne Weekend Auction Results | 19th June 2021
The week ending 19th June delivered a clearance rate of 82% (according to REIV data) from the 530 auctions that were reported across Victoria. At the same time last year, 431 auctions were reported and a clearance rate of 67% was achieved. 305 homes were sold at auction, 131 sold before auction, with 94 passed in. 31 properties were withdrawn from sale. As Nathan Mawby pointed out …
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Melbourne Weekend Auction Results | 12th June 2021
The week ending 12th June delivered a clearance rate of 92% at auctions across Victoria (based on REIV data) as the state emerged from lockdown for the Queen's Birthday long weekend. Volume was substantially lower than in previous weeks, with just 222 auctions reported for the 7-day period. 134 homes were sold at auction, another 71 sold before auction, and 17 auctions were passed in. …
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