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Melbourne’s auction market on Saturday recorded a clearance rate of 74 percent. As expected, this rate is lower than last weekend’s 79 percent although the number of scheduled auctions was up at 944 compared to last Saturday’s 50. With regards to the number of reported auctions, there was a total of 667. Of that number, 503 properties were sold and 10 were withdrawn. Total sales amounted to …

Continue Reading about Melbourne Auction Results | 7th October 2017 →

Despite having a lower auction volume on Saturday, Melbourne achieved a higher clearance rate of 79 percent. This figure is up from last weekend’s 76 percent. The number of scheduled auctions, however, was down to 50 from last weekend’s 1,160 during the Super Saturday due to the AFL grand final. This is also similar to the 52 auctions held over the same weekend last year. There were a total of …

Continue Reading about Melbourne Auction Results | 30th September 2017 →

Melbourne had a higher auction volume today and maintained its clearance rate of 76 percent similar to last weekend. The number of scheduled auctions went up to 1,160 compared to last weekend’s 1,066. A total of 653 properties were sold today with total sales amounting to more than $486,786,000. The number of reported auctions was 844 while the median price recorded was down to $800,000. In …

Continue Reading about Melbourne Auction Results | 23rd September 2017 →

Melbourne achieved a higher auction clearance rate of 76 percent on Saturday compared to last weekend’s 73 percent. The number of scheduled auctions was also up at 1,066 while the number of reported auctions was 819. A total of 629 properties were sold over the weekend with total sales amounting to more than $496,065,000. The median price recorded was $881,000. This figure was higher then the …

Continue Reading about Melbourne Auction Results | 16th September 2017 →

Melbourne's auction market recorded a 73 percent clearance rate on Saturday, lower than last weekend's 75 percent but with more scheduled auctions. Data from CoreLogic showed that of the 974 properties listed for auction, 576 sold during auction, 125 sold prior to auction and 11 sold after auction. Melbourne is still an undersupplied housing market due to recent strong house price growth, …

Continue Reading about Melbourne Auction Results | 9th September 2017 →

Melbourne’s auction market maintained a 75 percent clearance rate on Saturday with 841 scheduled auctions. The number of listed auctions dropped slightly from last weekend’s 936 while the number of reported auctions also down to 644 from 732 last weekend. A total of 491 properties were sold over the weekend with total sales amounting to more than $396,842,000. The median price recorded was …

Continue Reading about Melbourne Auction Results | 2nd September 2017 →

The auction market in Melbourne recorded a 75 percent clearance rate on Saturday compared to last weekend’s 78 percent. The number of listed auctions was higher, though, at 936 while the number of reported auctions also went up to 732. Sold over the weekend were a total of 551 properties with total sales amounting to more than $467,244,000. The median price recorded was lower at …

Continue Reading about Melbourne Auction Results | 26th August 2017 →

The auction market in Melbourne bounced back on Saturday with a 78 percent clearance rate compared to last weekend’s 72 percent. The number of listed auctions was 823 while the number of reported auctions was 617. Sold over the weekend were a total of 488 properties with total sales amounting to more than $424,343,000. The median price recorded was $882,150. With the start of the spring …

Continue Reading about Melbourne Auction Results | 19th August 2017 →

The auction market in Melbourne recorded a lower clearance rate of 72 percent on Saturday compared to last weekend’s 74 percent. The number of listed auctions was higher, though, at 823 while the number of reported auctions was also up at 623. Sold over the weekend were a total of 454 properties with total sales amounting to more than $412,839,000. The median price recorded was also higher at …

Continue Reading about Melbourne Auction Results | 13th August 2017 →

The auction market in Melbourne recorded a 74 percent clearance rate on Saturday slightly lower compared to last weekend’s 76 percent. The number of listed auctions was 762 and the number of reported auctions was 560. Sold over the weekend were a total of 420 properties with total sales amounting to more than $339,700,000. The median price recorded was higher at $820,000. East Bentleigh had …

Continue Reading about Melbourne Auction Results | 5th August 2017 →