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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 →
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 The total number of properties sold was 658 with 10 withdrawn while the median price recorded was $751,000.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 →
A clearance rate of 79 percent was recorded during this weekend’s auction similar to last weekend’s rate with a median price of $821,000. During the same weekend last year, the clearance rate was 72 percent. A total of 860 auctions were reported to the Real Estate Institute of Victoria (REIV) with 680 selling and 180 being passed in. Of the total passed in, 84 were on a vendor bid. The total …
Continue Reading about Melbourne Weekend Auctions Results | 8 August 2015 →
This weekend’s auction in Melbourne achieved a 79 percent clearance rate, higher than last weekend’s 76 percent rate and last year’s 72 percent on the same weekend. The Real Estate Institute of Victoria (REIV) recorded a total of 609 auctions this 1st of August weekend amounting to $398.35 million. Of the total figure, 480 were selling and 129 being passed in with 61 on a vendor bid. A total …
Continue Reading about Melbourne Weekend Auctions Results | 1 August 2015 →
