– 22,586 auctions held; 81 per cent clearance rate, compared to 63 per cent in 2008.
– 18,364 sold at auction – totaling $12.1 billion.
– 20 per cent more homes sold than in 2008, but still 10 per cent less than in 2007.
– A peak clearance rate of 87 per cent reached on the 27–28 June.
– The greatest number of homes sold at auction on one weekend was 867, on 12–13 December.
– Rental vacancy rate for Melbourne between 1.2 and 1.5 per cent over the year.
– REIV.com.au
Winter selling season got off to a roaring start with our auctioneers selling in a covid-safe way over the internet from their lounge rooms, spare bedrooms and even make-shift garages after lockdown was extended due to the virulent virus. We were already well versed in quickly switching to the online … Read more
Winter is the most important time to continue to hold a high standard for property maintenance. Whether your a new tenant or a homeowner, winter can bring a lot of added property maintenance issues that may not have been apparent during summer. For your own safety and/or your tenant’s safety, … Read more