The auction market in Melbourne on Saturday recorded a 76 percent clearance rate compared to last weekend’s 75 percent. The number of listed auctions was higher at 776 and the number of reported auctions went up to 578 from 518. Sold over the weekend were a total of 446 properties with total sales amounting to more than $317,255,000. The median price recorded was still $740,000. The outer …
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