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As Melbourne continues with Stage Three restrictions due to mounting cases of coronavirus, buyers are still out and about and buying real estate. The Melbourne auction market recorded a 82 percent auction clearance rate (based on REIV data), down from 88 percent last week. At the same time last year, the clearance rate was 74 per cent. This result is based on 192 auctions reported …
Continue Reading about Melbourne Weekend Auctions Results | 18 July 2020 →
With the Melbourne market back into Stage Three restrictions due to mounting cased of coronavirus, buyers appear to be getting used to the "new normal" of online selling options. The Melbourne auction market recorded a 88 percent auction clearance rate (based on REIV data), up from 71 percent last week. At the same time last year, the clearance rate was 76 per cent. This result is …
Continue Reading about Melbourne Weekend Auctions Results | 11 July 2020 →
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. The clearance rate for Victoria over the weekend was also lower than the previous weekend at 67 percent. The rate was the similar for …
Continue Reading about Melbourne Auction Results | 31 October 2015 →
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, a 74 percent clearance rate was recorded compared to the previous week's 72 percent. There were a total of 1,390 auctions reported to …
Continue Reading about Melbourne Auction Results | 17 October 2015 →
This weekend's auctions in Melbourne recorded a 75 percent clearance rate. A total of 612 properties were sold, 811 were reported and 995 were listed with a median price of $816,000. In Victoria, a 76 percent clearance rate was recorded this weekend. A total of 944 auctions were reported to the Real Estate Institute of Victoria (REIV) with 716 selling and 228 being passed in. Of those passed …
Continue Reading about Melbourne Auction Results | 19th September 2015 →
Today's auction results in Melbourne recorded a 76 percent clearance rate with a median price of $806,888. A total of 1,036 properties were listed, 839 reported and 639 sold. The highest paid property this weekend was a house that sold for $4.6 million. Regionwide, Victoria noted a clearance rate of 75 percent. A total of 982 auctions were reported to the Real Estate Institute of Victoria …
Continue Reading about Melbourne Auction Results | 12th September 2015 →
Melbourne's weekend auction yesterday recorded a clearance rate of 79 percent with a total sales of $507,885,800. A total of 1,046 auctions were listed while there were 848 reported auctions. Of the number, 677 properties were sold with a median price of $800,000. In the entire Victoria, a clearance rate of 78 percent was recorded compared to last weekend's 73 percent. A total of 941 auctions …
Continue Reading about Melbourne Auction Results | 29th August 2015 →
Yesterday's auction recorded a 76 percent clearance rate compared to 74 percent for the entire state of Victoria. A total of 839 auctions were listed while 671 were reported to the Real Estate Institute of Victoria (REIV). Of the total number, 512 properties were sold with a median price of $787,000. For the whole Victorian state, a total of 757 auctions were reported with 557 selling, 200 …
Continue Reading about Melbourne Auction Results | 22nd August 2015 →
This weekend's auction recorded a clearance rate of 76 percent compared to last weekend's 74 percent. A total of 597 auctions were reported to the Real Estate Institute of Victoria (REIV) with 456 selling and 141 being passed in. Of the total passed in, 65 were on a vendor bid. The total number of auctions was also lower by 45 compared to last weekend's figure. Meanwhile, 97 properties were …
Continue Reading about Melbourne Auction Results | 18 July 2015 →
