Melbourne Market Auction Update

The clearance rate for this week in Melbourne was 58% as reported by the REIV. Out of a total of 694 reported auctions, 403 were sold and 291 were passed in. 187 of those passed in were passed in on vendor bids. The NPB clearance rate for the week was 64%, with 9 of...

Melbourne Property Market Update

30 May 2011 The clearance rate for this week was 59% as reported by the REIV. Out of a total of 829 reported auctions, 487 were sold and 342 were passed in. The NPB clearance rate for the week was 60%, with 6 of the 10 properties we reviewed selling. There were many...

Melbourne Auction Clearance Rates

Week ending Sunday 28 May 2011 Total Auctions 829   Sold: 487 At Auction 418 Before Auction 69 After Auction 0 Passed In: 342 Vendor Bid 236 Real Bid 106 Clearance Rate 59% Total Private Sales 348                  ...

Melbourne Market Auction Update

Much of the same this week with the clearance rate of 58% as reported by the REIV. Out of a total of 712 reported auctions, only 415 were sold and a 297 were passed in. The clearance rate of 58% is almost certain to drop further once a number of unreported results are...

Melbourne Market Auction Update 16 May 2011

Quality Stock Still Selling Well The clearance rate this week dipped below 60% to 56% as reported by the REIV. A total of 292 properties sold out of 518 scheduled auctions. 26 Hastings St Hawthorn East The NPB clearance rate for the week was 61%, with 8 of the 13...

Melbourne Weekly Clearance Rates

Week ending Sunday 14 May 2011 Total Auctions 518     Sold: 292 At Auction 234 Before Auction 56 After Auction 2 Passed In: 226 Vendor Bid 140 Real Bid 86 Clearance Rate 56% Total Private Sales 55                ...

Melbourne Market Auction Update

Auction Results Week Ending May 8 2011 The clearance rate this week again is a consistent 60% as reported by the REIV. A total of 348 properties sold out of 577 scheduled auctions. This is considerably lower than at the same time last year, when there was a lot more...