A snapshot of Melbourne’s Auction results for the week ending 17th September 2023 (from CoreLogic’s preliminary data obtained 23rd September 2023):
- Total Auctions: 982
- Auction Results: 980
- Unknown Results: 2
From the 980 known auction results:
- Sold prior auction: 168
- Sold at auction: 424
- Sold after auction: 28
- Passed in: 314
- Withdrawn: 46
Overall (from known results):
- Cleared auctions: 620
- Uncleared auctions: 360
- Clearance rate: 63.3%
Compared to last week’s preliminary results:
Total number of auctions has dropped below 1000 this week (week ending 17th September 2023) but the total number is still high compared to last month. In terms of performance, the clearance rate for this week currently sits at 63.3% – which is slightly worse as compared to last week’s results (week ending 10th September 2023).
While full results are not yet available (with 2 unknown results), the preliminary data snapshots gives a good indication of the overall auction performance for the week. For the full auction data visit Corelogic.
Date revised: 23 September 2023