Auction Results Still on the Rise

Just when you thought auction results could not go any higher, last week’s Melbourne auction clearance rates for last week finished at 75% from over 700 properties sold under the hammer.

Buyers are looking forward to another strong weekend for auctions with Melbourne leading the country with 871 properties set to be sold, higher than the 606 properties that were sold around the same time last year. Sydney has also been showing a steady increase in auction clearance results, with a 73% increase from last year.

Read more on the Real Estate Business website.