There were 933 auction results reported this week, ending the 19th March. That is almost double compared to last Saturday which was largely driven by the low volumes as a result of the long weekend in Victoria. A total of 508 were sold at auction, 226 were passed in and 199 sold prior to auction. Data from the Real Estate Institute of Victoria report a clearance rate of 76%. Domain …
Melbourne Weekend Auction Results
There were 407 auction results reported this week, ending the 12th March. A total of 241 were sold at auction, 87 were passed in and 79 sold prior to auction. Data from the Real Estate Institute of Victoria report a clearance rate of 79%. Auction activity is approximately half what it was compared to this time last year, although according to Corelogic, auction volumes were expected to dip …
Melbourne Weekend Auction Results
There were 888 auction results reported this week, ending the 5th March, approximately double the number compared to this time last year. A total of 683 were sold at auction and 205 were passed in. Data from the Real Estate Institute of Victoria report a clearance rate of 77%. According to Domain's auction report for February 2022, Melbourne had the highest number of auction listings for …
Melbourne Weekend Auction Results
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 …
Melbourne Weekend Auction Results
There were 926 auction results available this week, ending the 19th February. A total of 550 were sold at auction, 191 were passed in, 185 sold prior to auction. There were 29 properties withdrawn. No properties were sold after auction this week. That's a clearance rate of 79% (according to data from the Real Estate Institute of Victoria). Have you ever wondered what these terms mean? …
Melbourne Weekend Auction Results
The week ending the 12th February, 2022 saw 1082 Melbourne properties scheduled for auction. Of these, 440 properties were sold and 126 were passed in. Five properties sold after auction and four prior to auction. This was a clearance rate of 78% based on 575 auction results available (according to realestate.com.au data) . This is a slight decrease from last week's clearance rate of 82% and …
Victorian Commercial Tenancy Relief Scheme Extended to 15th March
The Commercial Tenancy Relief Scheme (CTRS), including retail, aims to alleviate financial hardship faced by tenants and landlords as a result of the COVID-19 pandemic. Eligible businesses can receive the benefit in the form of a proportionate reduction in rent. Landlords who provide rent relief to their tenants are also eligible for land tax relief (up to 25%). Smaller landlords can also …
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Melbourne Weekend Auction Results
The week ending the 5th February, 2022 saw 602 Melbourne properties scheduled for auction. Of these, 250 properties were sold and 70 passed in. Two properties sold after auction and seven prior to auction. This was a clearance rate of 78% based on 332 auction results available (according to realestate.com.au data). As recently reported in realestate.com.au, price growth in Melbourne in …
Melbourne Weekend Auction Results
The week ending 29th January, 2022 saw 396 Melbourne properties scheduled for auction. Of these, 155 properties were sold and 45 passed in. Two properties sold after auction and one prior to auction. This is a clearance rate of 77% based on 206 auction results available (according to realestate.com.au data). As we get back into the swing of a new year, people are wondering what will lie …
Melbourne Weekend Auction Results
The week ending 22nd January, 2022 saw 169 properties scheduled for auction. Of these, 60 properties were sold and 18 passed in. One property sold after auction. This is a clearance rate of 77% based on 79 auction results available (according to realestate.com.au data). It is not unusual for auctions to dip in January - a very different time of the year compared to last month which had …
