Melbourne Auction Results | 11th May 2019

Melbourne’s auction market recorded a 57 percent clearance rate on Saturday, down from 61 percent the previous weekend. The number of scheduled auctions also dropped to 489 from while the number of reported auctions was 326. The number of properties sold was down to 190 with total sales amounting to more than $130,424,000. The median[…]

Melbourne Auction Results | 4th May 2019

Melbourne’s auction clearance rate has improved to 61 percent over the weekend from the over 50.4 percent level in the month of April. Since the start of 2019, clearance rates have remained steady within the 40-50 percent range. The number of scheduled auctions on Saturday was 589 while the number of reported auctions was 353.[…]

Melbourne Auction Results | 13th April 2019

Melbourne’s auction clearance rate slightly went down to 54 percent from last weekend’s 56 percent. The number of scheduled auctions on Saturday was also down to 750 from the previous week’s 775. The number of reported auctions was 495. The number of properties sold was 282 with total sales amounting to more than $186,318,000. The[…]

Melbourne Auction Results | 6th April 2019

Melbourne’s auction clearance rate improved to 56 percent over the weekend from last week’s 51. The number of scheduled auctions on Saturday was 775 while the number of reported auctions was 584. One of the factors behind the increase in auction sales was the lack of new homes. The number of properties sold was 334[…]

Melbourne Auction Results | 30th March 2019

Melbourne recorded a lower auction clearance rate of 51 percent over the weekend. The number of scheduled auctions on Saturday was 803 while the number of reported auctions was 589. Real estate agents that although the clearance rate was lower compared to the previous weekend’s rates, around 70 to 80 percent of properties sell within[…]

Melbourne Auction Results | 16th March 2019

Melbourne recorded a 56 percent auction clearance rate over the weekend. The number of scheduled auctions on Saturday was 744 while the number of reported auctions was 549. Many of the properties sold were transacted after being passed in. The number of properties sold was 322 with total sales amounting to more than $192,834,000. The[…]

Melbourne Auction Results | 8th December 2018

Melbourne recorded a low auction clearance rate of 44 percent over the weekend. This was an improvement as the clearance rates fell below 40 percent on four weekends this spring. The number of scheduled auctions on Saturday was 1,057 while the number of reported auctions was 755. The number of properties sold was 353 with[…]

Melbourne Auction Results | 1st September 2018

Melbourne’s auction clearance rate improved on Saturday at 59 percent compared to last weekend’s 58 percent. This was a big improvement from the low 54 percent in the past two weeks. The number of scheduled auctions was 725 compared to the previous week’s 791. The number of reported auctions over the weekend was 553 while[…]

Melbourne Auction Results | 25th August 2018

Melbourne’s auction market slightly improved on Saturday achieving a clearance rate of 58 percent compared to last weekend’s low of 54 percent. The number of scheduled auctions was 791 compared to the previous week’s 771. The number of reported auctions was also up at 602 while the number of properties sold was 359. Total sales[…]

Melbourne Auction Results | 18th August 2018

Melbourne’s auction clearance rate further dropped on Saturday to a low of 54 percent from last weekend’s 58 percent. This was despite a higher number of scheduled auctions 771 compared to the previous week’s 642. The number of reported auctions was also up at 590 while the number of properties sold was 329. Total sales[…]