Melbourne Auction Results

 A Word From The Wise – NOVEMBER 18, 2017

A clearance rate of 70 per cent was recorded this week compared to 72 per cent last week and 78 per cent this week last year. There were 1175 auctions reported to the REIV, with 691 selling and 347 being passed in, 173 of those on a vendor bid. The REIV collected 95% of auction results last week with a total of Volume of $239M including 29 withdrawn and 34 postponed.

Auction Overview

1175 Auctions held.

 690 Sold at auction. 

138 Sold before auction

347 Passed In.

72% Clarence Rate (Houses)

Private Sales: 239

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