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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 →
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 →
Melbourne's auction clearance rates these past weeks have remained steady at 73 percent. A total of 1,101 auctions were listed and 888 reported this weekend. The total number of properties sold was 658 with 10 withdrawn while the median price recorded was $751,000. According to Domain.com.au, the fastest growing suburbs in Melbourne today are Middle Park followed by Fitzroy, Prahran, Mont …
Continue Reading about Melbourne Auction Results | 26th September 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 →
Saturday's auction in Melbourne achieved a clearance rate of 76 percent with a median price of $802,000. A total of 550 properties were sold from the 716 reported and 878 listed. Regionally, Victoria recorded a clearance rate of 76 percent compared to last weekend's 78 percent. A total of 825 auctions were reported to the Real Estate Institute of Victoria (REIV) with 629 selling and 196 being …
Continue Reading about Melbourne Auction Results | 5th 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 →
Yesterday's auction recorded a clearance rate of 77 percent compared to last year's 73 percent during the same weekend. This weekend, a total of 754 auctions were reported to the Real Estate Institute of Victoria (REIV) with 584 selling and 170 being passed in. Of the total passed in, 72 were on a vendor bid. As of this period, more than 22,000 auctions have been held this year alone. The figure …
Continue Reading about Melbourne Auction Results | 15th 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 →
