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Weekly Auction Clearance and Sales Results – 22 June 2019 Melbourne

  • Number of auctions is slightly less compared to previous week, as the winter season and school holiday is coming
  • Auction clearance stands robust above 60% for the sixth consecutive weeks and now tightly around 70% mark, with 70%, 69%, and 74% from all three sources
  • It is no doubt the market starts getting back now, in a cold winter season, though slowly and subtly. The Australian economy however is not optimistic, which put another uncertainty to the market’s rebound
Weekly Auction Clearance and Sales Results Melbourne

REIV

  • 70% Clearance rate of 479 Auctions
  • 68% Clearance rate of 640 auctions held last week
  • 64% Clearance rate of 814 auctions held this time last year
  • Detail
    • 293 Sold at Auction
    • 41 Sold before Auction
    • 0 Sold after Auction
    • 178 Private Sales
    • 145 Passed In
    • 66 Passed in Vendor Bid
    • 12 Withdrawn
    • 12 Postponed
    • 134 No Results
    • 71% Clearance for Houses
    • 68% Clearance for Units
    • $302M Total Auction Volume
    • $121M Total Private Sales Volume
Auction and Private Sales Results Highlights - Victoria - 22 June 2019

Domain

  • 69% Clearance
  • Detail
    • 572 Listed Auctions
    • 431 Reported Auctions
    • 310 Sold
    • 17 Withdrawn
    • 121 Passed In
    • $811,000 Median
    • $220.0M Total Volume

Realestate

  • 74% Clearance rate for 349 Auction Results
  • Detail
    • 603 Auction scheduled
    • 255 Sold at Auction
    • 7 Withdrawn
    • 2 Sold prior to Auction
    • 83 Passed In
    • 2 Sold after Auction
  • 898 Private Sales

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