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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...
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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...
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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...
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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...
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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...
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