Melbourne Weekend Auction Results | 27th March 2021

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The week ending 27th March saw a massive 1438 auctions reported across Victoria (based on REIV data) as the market ramped up for the weekend final before Easter. The clearance rate for the week was 85%. At the same time last year, it was 90%.

956 homes were sold at auction and 270 sold before auction, with 212 passed in. 16 properties were withdrawn from sale.

Wendy Chamberlain bids on behalf of buyers at a March 2021 auction in Melbourne

March 2021 auction in Melbourne

Reserves continue to be surpassed by substantial amounts at some auctions due to the exceedingly strong buyer demand across the market.

Looking to buy in Melbourne and sick of missing out at auction? Talk to me about how I can help you buy your new home faster, for less.

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Give me a call on 03 9686 2288 to discuss how I can help. I offer a free consultation, so why not call today?

Wendy Chamberlain from Chamberlain Property Advocates