The week ending 29th January, 2022 saw 396 Melbourne properties scheduled for auction. Of these, 155 properties were sold and 45 passed in. Two properties sold after auction and one prior to auction. This is a clearance rate of 77% based on 206 auction results available (according to realestate.com.au data). As we get back into the swing of a new year, people are wondering what will lie …
Melbourne Weekend Auction Results
The week ending 22nd January, 2022 saw 169 properties scheduled for auction. Of these, 60 properties were sold and 18 passed in. One property sold after auction. This is a clearance rate of 77% based on 79 auction results available (according to realestate.com.au data). It is not unusual for auctions to dip in January - a very different time of the year compared to last month which had …
Melbourne Weekend Auction Results
The week ending 18th December delivered an auction clearance rate of 76% from a total of 929 auctions reported for the period (based on REIV data). There were 620 homes sold at auction last week and another 264 sold prior to auction, with 277 passed in. There were 67 properties that were withdrawn from sale and 38 auctions were postponed. As Melissa Heagney recently reported, the …
Property inspections open to all. Pandemic rules ease.
The Victorian Government has made changes to the state's COVID-19 restrictions including amendments to public health orders. From 12:59pm on the 15th December, vaccination status is no longer required to be disclosed in order to attend real estate inspections and auctions. The wearing of masks is still a requirement and real estate agents will still need to adhere to various COVID-19 safe …
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Melbourne Weekend Auction Results | 21st November 2021
The week ending 21st November delivered a clearance rate of 80% from the 1038 auctions reported for the period (based on REIV data). At the same time last year, there were 519 auctions reported. 580 homes sold at auction last week and another 244 sold prior to auction, with 210 passed in. 34 properties were withdrawn from sale and 68 auctions were postponed. Hear about the benefits of …
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Melbourne Weekend Auction Results | 14th November 2021
The week ending 14th November delivered a clearance rate of 82% from the 1031 auctions reported for the period (based on REIV data). At the same time last year, there were 462 auctions reported. 594 homes sold at auction last week and another 252 sold prior to auction, with 184 passed in. 58 properties were withdrawn from sale and 71 auctions were postponed. Unsure of what the suburb …
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Melbourne Weekend Auction Results | 7th November 2021
The week ending 7th November delivered a clearance rate of 82% from the 839 auctions reported for the period (based on REIV data). At the same time last year, there were 466 auctions reported. 476 homes sold at auction last week and another 209 sold prior to auction, with 153 passed in. 47 properties were withdrawn from sale and 83 auctions were postponed. Looking to buy in Melbourne …
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Melbourne Weekend Auction Results | 31st October 2021
The week ending 31st October delivered a clearance rate of 85% from the 1088 auctions reported for the period (based on REIV data). At the same time last year, there were 489 auctions reported. 633 homes sold at auction last week and another 289 sold prior to auction, with 164 passed in. 48 properties were withdrawn from sale and 111 auctions were postponed. It is great to see that the …
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Melbourne Weekend Auction Results | 24th October 2021
The week ending 24th October delivered a clearance rate of 90% from the 968 auctions reported for the period (based on REIV data). At the same time last year, there were 371 auctions reported. 575 homes sold at auction last week and another 292 sold prior to auction, with 93 passed in. 52 properties were withdrawn from sale and 116 auctions were postponed. It is great to see that the …
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Soaring property prices in sought after school zones
The trend of paying a premium for properties in sought after public school zones is nothing new. However, due to the pandemic and continued harsh lockdowns, more and more disheartened families are yearning to abandon Melbourne for a sea or tree-change. This has seen a sharp increase in home prices within popular school zones. For instance, some parts of Mount Eliza have seen property prices …
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