Melbourne Weekend Auctions Results | 18 July 2020

  As Melbourne continues with Stage Three restrictions due to mounting cases of coronavirus, buyers are still out and about and buying real estate. The Melbourne auction market recorded a 82 percent auction clearance rate (based on REIV data), down from 88 percent last week.  At the same time last year, the clearance rate was[…]

Melbourne Weekend Auctions Results | 11 July 2020

  With the Melbourne market back into Stage Three restrictions due to mounting cased of coronavirus, buyers appear to be getting used to the “new normal” of online selling options. The Melbourne auction market recorded a 88 percent auction clearance rate (based on REIV data), up from 71 percent last week.  At the same time[…]

Melbourne Auction Results | 17 October 2015

The weekend auctions in Melbourne resulted in a 73 percent clearance rate compared to last weekend’s 74 percent. A total of 1,233 properties were listed, 957 were reported and 710 were sold. The median price noted was $780,000. For the entire state of Victoria, a 74 percent clearance rate was recorded compared to the previous[…]

Melbourne Auction Results | 10 October 2015

Yesterday was a record auction day for October in Melbourne achieving a clearance rate of 74 percent. There were a total of 1,250 properties listed, 981 reported and 737 sold. Domain Group noted that home sellers were more motivated to sell due to the weakening market in recent months. Across Victoria, the spring auction market[…]

Melbourne Auction Results | 12th September 2015

Today’s auction results in Melbourne recorded a 76 percent clearance rate with a median price of $806,888. A total of 1,036 properties were listed, 839 reported and 639 sold. The highest paid property this weekend was a house that sold for $4.6 million. Regionwide, Victoria noted a clearance rate of 75 percent. A total of[…]

Melbourne Weekend Auctions Results | 1 August 2015

This weekend’s auction in Melbourne achieved a 79 percent clearance rate, higher than last weekend’s 76 percent rate and last year’s 72 percent on the same weekend. The Real Estate Institute of Victoria (REIV) recorded a total of 609 auctions this 1st of August weekend amounting to $398.35 million. Of the total figure, 480 were[…]