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Weekly Auction Clearance and Sales Results – 13 July 2019 Melbourne

  • Number of auctions continues to be at low level
  • Auction clearance stands robust above 60% for the 9th consecutive weeks and now tightly around 70% mark, with 76%, 69%, and 75% from all three sources
  • APRA’s recent move of relaxing serviceability assessment to new home loan application, together with this month RBA rate cuts, will leads to a double-digit boost of the borrowing capacity of new home loan applicants
Weekly Auction Clearance and Sales Results Melbourne

REIV

  • 76% Clearance rate of 257 Auctions
  • 70% Clearance rate of 338 auctions held last week
  • 62% Clearance rate of 476 auctions held this time last year
  • Detail
    • 165 Sold at Auction
    • 30 Sold before Auction
    • 0 Sold after Auction
    • 203 Private Sales
    • 62 Passed In
    • 28 Passed in Vendor Bid
    • 13 Withdrawn
    • 11 Postponed
    • 87 No Results
    • 74% Clearance for Houses
    • N/A Clearance for Units
    • $144M Total Auction Volume
    • $119M Total Private Sales Volume
Weekly Auction Clearance and Sales Results - 13 July 2019 Melbourne

Domain

  • 69% Clearance
  • Detail
    • 319 Listed Auctions
    • 207 Reported Auctions
    • 160 Sold
    • 24 Withdrawn
    • 47 Passed In
    • $765,000 Median
    • $110.6M Total Volume

Realestate

  • 75% Clearance rate for 264 Auction Results
  • Detail
    • 223 Auction scheduled
    • 161 Sold at Auction
    • 6 Withdrawn
    • 4 Sold prior to Auction
    • 50 Passed In
    • 2 Sold after Auction
  • 871 Private Sales

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