Melbourne’s Auction results for the week ending 16th April 2023 (preliminary data from CoreLogic):
- Total Auctions: 706
- Auction Results (via CoreLogic): 590
- Unknown Results: 116
From the 590 known auction results:
- Sold prior auction: 121
- Sold at auction: 297
- Sold after auction: 9
- Passed in: 113
- Withdrawn: 50
Overall (from known results):
- Cleared auctions: 427
- Uncleared auctions: 163
- Clearance rate: 72.4%
Compared to last week’s results:
This week’s (week ending 16th April 2023) total number of auctions have started increasing since the long Easter break last week (week ending 9th April 2023). We are expecting this momentum to continue to increase throughout the following weeks. This week’s auction results are steady – as seen from the clearance rate of 72.4%.
Date revised: 18 April 2023