Melbourne’s Auction results for the week ending 28th May 2023 (preliminary data from CoreLogic):
- Total Auctions: 858
- Auction Results (via CoreLogic): 708
- Unknown Results: 150
From the 708 known auction results:
- Sold prior auction: 161
- Sold at auction: 383
- Sold after auction: 2
- Passed in: 119
- Withdrawn: 43
Overall (from known results):
- Cleared auctions: 546
- Uncleared auctions: 162
- Clearance rate: 77.1%
Compared to last week’s results:
The total number of auctions for this week (week ending 28th May 2023) continues to increase as compared to last week (week ending 21st May 2023). Auctions this week performed better, as seen from the slightly higher number of cleared properties and higher clearance rate.
Date revised: 30 May 2023