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[…]

Melbourne Auction Results | 11th August 2018

Melbourne’s auction market remains to be slow performing with a clearance rate below 60 percent. Over the rainy and windy weekend, it recorded a 58 percent clearance rate. The number of scheduled auctions was 642. The number of reported auctions was 492 while the number of properties sold was 296. Total sales recorded was more[…]

Melbourne Auction Results | 28th July 2018

Melbourne’s auction market slightly improved over the weekend recording a clearance rate 58 percent. The number of scheduled auctions 687. The number of reported auctions was 507 while the number of properties sold was 320. Total sales recorded was $223,223,000 while the median price in the area was pegged at $766,000. Properties that performed the[…]

Melbourne Auction Results | 14th July 2018

Melbourne’s auction market was steady over the weekend achieving a clearance rate 56 percent, similar from the previous week. The number of scheduled auctions was down to 484 from 526. The number of reported auctions was also down at 377 while the number of properties sold was 220. Total sales recorded was $149,977,000 while the[…]

Melbourne Auction Results | 7th July 2018

Melbourne’s auction clearance rate slipped further on Saturday to a low of 56 percent from the previous week’s 60 percent. The number of scheduled auctions followed the same trend at 526. The number of reported auctions was also down at 392 from last weekend’s 502 while the number of properties sold was 236. Total sales[…]

Melbourne Auction Results | 30th June 2018

Melbourne’s auction clearance rate fell back to 60 percent on a cold Saturday from the previous week’s 62 percent. The number of scheduled auctions followed the same trend at 641 from the previous 821. Reports noted that the very cold weather caused a low attendance at some auctions. The number of reported auctions was also[…]

Melbourne Auction Results | 23rd June 2018

Melbourne’s auction market recorded a 62 percent low clearance rate on Saturday, an improvement from last weekend’s 59 percent. Th figure, however, is still low despite a high volume of scheduled auctions at 821. The number of reported auctions was at 668 while the number of properties sold slightly improved to 429 and 239 were[…]