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 …
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