Wendy Chamberlain assists potential homebuyers at an auction in Melbourne

Melbourne Weekend Auction Results | 11th April 2021

  The week ending 11th April saw the number of auctions reported across Victoria rise to 778 (according to REIV data), a quick rebound from the 173 listed in the week leading up to Easter. The clearance rate for the week was 80%. 481 homes were sold at auction and 140 sold before auction, with[…]

Buyer demand continues to exceed supply at Autumn auctions in Melbourne

Melbourne Weekend Auction Results | 3rd April 2021

  Due to the Easter long weekend, the week ending 3rd April closed with an expected drop in the number of auctions across Victoria. According to Realestate.com.au, 201 auctions were reported throughout the state last week. The clearance rate was 87%, which remains on par with the very high demand this year for real estate[…]

Wendy Chamberlain assists potential homebuyers at an auction in Melbourne

Melbourne Weekend Auction Results | 27th February 2021

  The week ending 27th February again saw homebuyers out in force, with the REIV recording an 84% clearance. This time last year the clearance rate was 78%. This result is based on 882 auctions reported across Melbourne. 558 homes were sold at auction and 185 were sold before auction, with 139 passed in. 15[…]

Real estate agent working online

Five-day snap lockdown forces Victoria’s real estate market online

  The five-day snap lockdown announced by Premier Dan Andrews yesterday brings significant implications for the real estate industry. Referred to as a ‘circuit-breaker’ that will hopefully avoid a third-wave of COVID-19 in Victoria, the lockdown means that the following restrictions apply: no on-site property inspections auctions must be online only A more comprehensive list[…]

Melbourne Auction Results | 24 October 2015

A 70 percent clearance rate was achieved over the weekend during auctions in Melbourne. A total of 1,479 properties were listed and 1,169 reported. Of that figure, 837 properties were sold with a total sales volume of more than $614 million. In the state of Victoria, the weekend auction recorded a 70 percent clearance rate[…]

Melbourne Auction Results | 3 October 2015

This AFL Grand Final weekend, Melbourne achieved a 56 percent clearance rate. A total of 51 properties were listed, 31 were reported and 18 were sold yesterday with a median price of $801,000. This weekend’s clearance rate was much lower than last weekend’s 73 percent. The rate has also been going down since September. The[…]

Melbourne Auction Results | 19th September 2015

This weekend’s auctions in Melbourne recorded a 75 percent clearance rate. A total of 612 properties were sold, 811 were reported and 995 were listed with a median price of $816,000. In Victoria, a 76 percent clearance rate was recorded this weekend. A total of 944 auctions were reported to the Real Estate Institute of[…]

Melbourne Weekend Auctions Results | 8 August 2015

A clearance rate of 79 percent was recorded during this weekend’s auction similar to last weekend’s rate with a median price of $821,000. During the same weekend last year, the clearance rate was 72 percent. A total of 860 auctions were reported to the Real Estate Institute of Victoria (REIV) with 680 selling and 180[…]

Melbourne Weekend Auctions Results | 25 July 2015

This weekend’s auction in Melbourne achieved a 79 percent clearance rate, higher than last weekend’s 75 percent rate and last year’s 70 percent on the same weekend. The Real Estate Institute of Victoria (REIV) recorded a total of 671 auctions this 25th of July weekend amounting to $227.72 million. Of the total figure, 531 were[…]