• Market is still in declining phase, but falling rate continues easing
  • Auction clearance stands above 60% this week, based on a normal quantity of auction numbers
  • Positive progress made on loan lending from financial providers
  • Market may touch the bottom later this year after the federal election
Weekly Auction Clearance and Sales Results Melbourne

REIV

  • 63% Clearance rate of 463 Auctions
  • 57% Clearance rate of 436 auctions held last week
  • 66% Clearance rate of 1023 auctions held this time last year
  • Detail
    • 247 Sold at Auction
    • 46 Sold before Auction
    • 0 Sold after Auction
    • 169 Private Sales
    • 170 Passed In
    • 66 Passed in Vendor Bid
    • 29 Withdrawn
    • 16 Postponed
    • 186 No Results
    • 63% Clearance for Houses
    • 64% Clearance for Units
    • $221M Total Auction Volume
    • $103M Total Private Sales Volume
Auction and Private Sales Results Highlights - Victoria - 4 May 2019

Domain

  • 61% Clearance
  • Detail
    • 589 Listed Auctions
    • 353 Reported Auctions
    • 222 Sold
    • 13 Withdrawn
    • $700,000 Median
    • $142.7M Total Volume

Realestate

  • 64% Clearance rate for 427 Auction Results
  • Detail
    • 650 Auction scheduled
    • 261 Sold at Auction
    • 11 Withdrawn
    • 10 Sold prior to Auction
    • 142 Passed In
    • 3 Sold after Auction
  • 830 Private Sales
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