Property News

Investors selling properties in Melbourne at double the speed they are buying raising concerns about rental market

The Domain preliminary auction clearance rate came in at 57% over the weekend, from 405 reported auctions. Of these, 230 properties sold under the hammer, 61 were withdrawn and 114 passed in. This is down from the 70% final clearance rate recorded for the same weekend last year and the 60% final clearance rate recorded…

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Investors selling properties in Melbourne at double the speed they are buying raising concerns about rental market

Melbourne’s auction clearance rate improves and private sale numbers jump

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