Melbourne Auction Results – April 6th
Very few auctions were held on Easter Saturday as agents took a breather from last week’s monster auction weekend. This Easter weekend marks the end of what’s been a very busy and almost frantic start to the year, as far as the Melbourne property goes anyway. Over 1581 homes were reported to the REIV, nearly […]
Melbourne Auction Results – March 30th
Buyer preference was reflected in the clearance rates this weekend, with houses (82%) stronger in demand than apartments (67%). A clearance rate of 79 per cent was recorded this weekend compared to 76 per cent last weekend and 69 per cent this weekend last year. There were 1291 auctions reported to the REIV today, with […]
Melbourne Auction Results – March 23rd
Melbourne’s east has seen strong demand this year with a recorded clearance rate of 80 per cent in the inner east region. Over 85 per cent of homes going to auction in the middle and outer eastern regions have been sold in 2015. A clearance rate of 77 per cent was recorded this weekend compared […]
Melbourne Auction Results – March 16th
There is no stopping the Melbourne property market! There has been an increase in auction activity in properties priced up to $500,000 this year. In the year to date, about 17 per cent of all auction sales have taken place in this category compared to just 14 per cent for the same period last year. […]
Melbourne Auction Results – March 9th
Melbourne Gears Up For Two Super Saturday Auction Weekends! A clearance rate of 71 per cent was recorded this weekend compared to 77 per cent last weekend and 67 per cent this weekend last year. There were 306 auctions reported to the REIV with 217 selling and 89 being passed in, 45 of those on […]
Melbourne Auction Results – March 2nd
The Melbourne property market passed a major test over the weekend on substantial sales volumes. This week marks the highest point in auction activity for the year to date. 1243 auctions were reported to the REIV for a clearance rate of 79%. APM reported a clearance rate of just over 80%. The top auction suburbs […]
Melbourne Auction Results – February 23rd
According to the REIV, by the end of February, more than 3,000 homes are expected to have been auctioned, which is about 500 more than February last year. There was certainly a lift in auction numbers this weekend in Melbourne when 826 properties were put to the test over the weekend. 631 sold to generate a clearance rate of 76 […]
Melbourne Auction Results – February 16th
An auction clearance rate of 74 per cent was recorded this weekend, compared to 65 per cent last weekend and 70 per cent this weekend last year. Of the 445 auctions reported to the REIV, 328 sold and 117 passed in, 58 on a vendor’s bid. As of December quarter 2014, there are over 59 suburbs […]