Chamberlain Property Advocates
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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 …
Continue Reading about Melbourne Weekend Auction Results | 17th July 2021 →
The week ending 3rd July delivered a clearance rate of 80% from 719 auctions, according to REIV data. At the same time last year, there were 362 auctions reported and a clearance rate of 70%. 437 homes sold at auction and 140 sold before auction, with 141 passed in. 18 properties were withdrawn from sale. Competition remains strong for real estate across Australia. As Rachel Wells …
Continue Reading about Melbourne Weekend Auction Results | 3rd July 2021 →
Yesterday was a record auction day for October in Melbourne achieving a clearance rate of 74 percent. There were a total of 1,250 properties listed, 981 reported and 737 sold. Domain Group noted that home sellers were more motivated to sell due to the weakening market in recent months. Across Victoria, the spring auction market remains to be strong. A total of 805 properties were selling, …
Continue Reading about Melbourne Auction Results | 10 October 2015 →
This AFL Grand Final weekend, Melbourne achieved a 56 percent clearance rate. A total of 51 properties were listed, 31 were reported and 18 were sold yesterday with a median price of $801,000. This weekend's clearance rate was much lower than last weekend's 73 percent. The rate has also been going down since September. The low auction clearance rate can be attributed to the enthusiasm of …
Continue Reading about Melbourne Auction Results | 3 October 2015 →
