Melbourne Auction Results

Melbourne Auction Results – April 22, 2014

By Peter Sarmas on 22 Apr 2014 No Comments yet, your thoughts are very welcome

Over the four day Easter holiday only 35 properties were auctioned in Melbourne. Surprisingly, even this is a high amount given that many appear to have headed away for a break or were busily preparing for Easter Sunday. Unsurprisingly, due to the low auction numbers no clearance rate was recorded by the REIV ...

Melbourne Auction Results – April 14, 2014

By Peter Sarmas on 14 Apr 2014 No Comments yet, your thoughts are very welcome

This weekend drawn to a close the busiest first quarter of auctions in Melbourne's history. More than 1,500 properties went under the hammer this weekend in what has been the eighth consecutive week of 1,000 plus properties going to auction. ...

Melbourne Auction Results – April 7, 2014

By Peter Sarmas on 7 Apr 2014 No Comments yet, your thoughts are very welcome

The big news over the weekend was the launch of new Swedish mega store H&M. This global retail clothing store is breaking the Australian misconception that traditional bricks and mortar sales are going down the toilet. But what has this got to do with last weekend’s auction results? Very little and quite a lot ...

Melbourne Auction Results – March 31, 2014

By Peter Sarmas on 31 Mar 2014 4 Comments

With nearly 200 results still to be followed up by the institute there are signs that we are seeing a more steady market in Melbourne rather than one that is booming, with pass-ins being noted in a number of Melbourne's inner and outer suburbs ...

Melbourne Auction Results – March 24, 2014

By Peter Sarmas on 24 Mar 2014 No Comments yet, your thoughts are very welcome

There is no doubt stock levels are rising as I notice a higher than normal level of properties are up for sale or heading to auction over the next few weeks. Venders are eager to beat the Easter Break rush. How is the health of the property market? Well good if you take clearance rates as the barometer ...

Melbourne Auction Results – March 17, 2014

By Peter Sarmas on 17 Mar 2014 No Comments yet, your thoughts are very welcome

It was a cooler weekend thankfully, but this didn’t cool the heels of those looking to secure their next home. The REIV recorded a clearance rate of 73 per cent from 837 reported auctions, compared to 67 per cent last weekend and 68 per cent at the same time last year. There is certainly a sense of confidence in the property market ...

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