Melbourne Auction Results – Week Ending 8th October 2023

A snapshot of Melbourne’s Auction results for the week ending 8th October 2023 (from CoreLogic’s preliminary data obtained 14th October 2023):

  • Total Auctions: 1152
  • Auction Results: 1151
  • Unknown Results: 1

From the 1151 known auction results:

  • Sold prior auction: 220
  • Sold at auction: 518
  • Sold after auction: 32
  • Passed in: 295
  • Withdrawn: 86

Overall (from known results):

  • Cleared auctions: 770
  • Uncleared auctions: 381
  • Clearance rate: 66.9%

Compared to last week’s preliminary results:

Total number of auctions has returned back to over 1000 this week (week ending 8th October 2023). In terms of performance, we see similar auction results as last week (week ending 1st October 2023), with the clearance rate for this week currently sits at 66.9%.

While full results are not yet available (with 1 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: 14 October 2023

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