fbpx

Category Archive for "Melbourne Auction Results"

Melbourne Auction Results – June 15th

In what’s known in the industry as “jawboning”, the RBA’s governor is attempting to talk down the property market and insight fear into potential property investors in an effort to cool the market. A clearance rate of 80 per cent…

Read More

Melbourne Auction Results – June 8th

A clearance rate of 74 per cent was recorded this weekend compared to 80 per cent last weekend and 61 per cent this weekend last year. There were 242 auctions reported to the REIV this weekend, with 179 selling and…

Read More

Melbourne Auction Results – June 1st

A clearance rate of 81 per cent was recorded this weekend compared to 80 per cent last weekend and 71 per cent this weekend last year. There were 1048 auctions reported to the REIV this weekend, with 854 selling and…

Read More

Melbourne Auction Results – May 25th

Further signs of a strengthening market were witnessed over the weekend with a strong clearance rate of 82 per cent recorded from 940 auctions. This is up compared to last weekend’s 77 per cent and 71 per cent for the…

Read More

Melbourne Auction Results – May 18th

Coupled with the recent rate cut by the RBA to a 2% cash rate, we are seeing signs of urgency in the market with multiple bidding leading to many reserve prices being smashed. A clearance rate of 76 per cent…

Read More

Melbourne Auction Results – May 11th

Rising auction clearance rates this year have predictably translated into solid price growth. A clearance rate of 81 per cent was recorded this weekend compared to 79 per cent last weekend and 68 per cent this weekend last year. There…

Read More

Melbourne Auction Results – May 4th

Melbourne’s inner suburbs have led the way this weekend with the top three auction suburbs – South Yarra, Richmond and Brunswick – all on the CBD fringe. A clearance rate of 80 per cent was recorded this weekend compared to…

Read More

Melbourne Auction Results – April 27th

Approximately $6 billion worth of residential auction sales have been transacted in Melbourne in the year to date, about 10 per cent higher than this time last year. The middle and outer suburbs have experienced the highest increase in net…

Read More

Melbourne Auction Results – April 20th

Melbourne’s auction clearance rates are at highest levels since the last property boom in 2010. A clearance rate of 79 per cent was recorded this weekend compared to 75 per cent last weekend. There were 1060 auctions reported to the…

Read More

Melbourne Auction Results – April 13th

We expect April to be a relatively quiet month with a number of agents reporting strong listing numbers for the month of May. A clearance rate of 78 per cent was recorded this weekend compared to 70 per cent this…

Read More
Call Now!