Melbourne’s Auction results for the week ending 30th April 2023 (preliminary data from CoreLogic):
- Total Auctions: 729
- Auction Results (via CoreLogic): 610
- Unknown Results: 119
From the 610 known auction results:
- Sold prior auction: 114
- Sold at auction: 354
- Sold after auction: 6
- Passed in: 110
- Withdrawn: 26
Overall (from known results):
- Cleared auctions: 474
- Uncleared auctions: 136
- Clearance rate: 77.7%
Compared to last week’s results:
This week’s (week ending 30th April 2023) auction results saw better results as compared to last week (week ending 23rd April 2023). This week’s clearance rate has surpassed the 75% mark this week – a clear indication of the success of cleared auction properties.
Date revised: 02 May 2023