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Our Blog
Property News
Hi, The clearance rate is sitting in the high 70%’s which is a good result but not unexpected. As Christmas approaches, vendors are keen to have their property sold as the ‘psychological’ deadline approaches. This means that many vendors are prepared to meet the market in order for their property sold before Christmas, even if...
Property News
Hi, A quieter auction weekend this weekend with 651 auctions reported to the REIV resulting in a clearance rate of 76%. 367 properties sold at auction, 126 before auction and 158 properties passed in. In comparison, the same weekend last year had 1,014 auctions resulting in a clearance rate of 70%. The Spring selling season...
Property News
Hi, The REIV auction clearance rate remained steady at 78% with 358 properties selling at auction, 157 before auction and 149 auctions passing in. There were an additional 313 private sales. In comparison, there were 936 auctions reported to the REIV last year resulting in a clearance rate of 72% The final REIV clearance rate...
Property News
Hi, The REIV reported a lower volume of auctions this Saturday in comparison to the same time last year. 638 auctions were reported to the REIV with 348 selling at auction, 124 selling before auction and 166 passing in. There were an additional 139 private sales. The same weekend last year the REIV reported 841...
Property News
Hi, There were 573 auctions reported to the REIV resulting in a clearance rate of 79%. 322 properties sold at auction, 128 before auction, 1 after auction and there were an additional 255 private sales. In comparison, the same weekend last year there were 817 auctions reported to the REIV resulting in a clearance rate...
Property News
Hi, 628 auctions were reported to the REIV on the weekend resulting in a clearance rate of 77%. 357 sold at auction, 124 sold before auction and there were an additional 432 private sales (a very large number). In comparison, the same time last year there were 843 auctions reported resulting in a clearance rate...
Property News
Hi, There were 577 auctions reported to the REIV resulting in a clearance rate of 77%. 315 sold at auction, 130 sold before auction, 1 sold after auction and 131 passed in. In addition, there were 133 private sales. In comparison, there were 876 auctions reported to the REIV last year resulting in a clearance...
Property News
Hi, There were 522 auctions reported to the REIV over the weekend resulting in a clearance rate of 75%. 284 sold at auction, 109 before auction and 129 passed in. There were an additional 225 private sales. As a comparison, the same time last year there were 677 auctions reported to the REIV resulting in...
Property News
Hi, It was the second weekend in a row the REIV reported a clearance rate in the 80%’s. 554 auctions were reported to the REIV, 318 properties sold at auction and 126 sold before auction resulting in a clearance rate of 80%. In addition, there were 238 private sales. In comparison, there were 713 auctions...
Property News
Hi, The clearance rate jumped into the 80%’s over the weekend and whilst too early to tell, it may suggest Melbourne’s Property Market might be turning the corner. There were 496 auctions reported to the REIV on the weekend with 286 selling at auction, 122 selling before auction and 88 properties passing in. In addition,...
Property News
Hi, There were 515 auctions reported to the REIV over the weekend resulting in a clearance rate of 77%. 277 sold at auction, 120 sold before auction, 1 after auction and 117 passed in. In addition there were 114 private sales. In comparison, the amount was much less for the same time last year which...
Property News
Hi, The REIV reported a decrease in the clearance rate to 75% on what was a low volume, cold auction weekend. 466 properties went under the hammer across the city with 239 properties selling at auction, 109 before auction and 118 passing in. In addition, there were 153 private sales. In comparison, the same time...
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