Glen Waverley set to be the busiest weekend auction hotspot

Glen Waverley set to be the busiest weekend auction hotspot
Glen Waverley set to be the busiest weekend auction hotspot

The Melbourne suburb of Glen Waverley is set to be host to the highest volume of auctions this weekend.

It has 11 properties set to go under the hammer, according to CoreLogic.

Next busiest is Mount Waverley in Victoria which has nine properties going to auction, same as Reservoir, also in Victoria.

Auction activity will remain relatively steady over the week across the combined capital cities, with 836 homes scheduled for auction this week, down only slightly from the week prior when 847 capital city homes were auctioned.

Melbourne is expected to see an increase in activity this week while Sydney is seeing a decrease. 

There are 387 homes scheduled for auction across Melbourne, while Sydney is set to host 283 auctions, a small difference from the 348 and 318 auctions held last week respectively.

The smaller auction markets will also see a lower volume of homes auctioned week on week with the exception of Perth where auction volumes are unchanged, and Tasmania which is set for a slight increase.

Total auction volumes are also down on a year ago as this time last year a higher 1,257 homes went under the hammer across the combined capital cities over the same week.

Glen Waverley set to be the busiest weekend auction hotspot

The busy auction weekend in Glen Waverley sees 1A Florence Street (pictured top) offered for sale.

The four bedrooms, two bathroom property comes with approved plans for 3 townhouses and a price guide of $2,600,000 - $2,860,000.

Glen Waverley set to be the busiest weekend auction hotspot

Another example of the breadth of auctions taking place in Glen Waverley is 3 Tiuna Court (pictured above).

The three bedroom, two bathroom house has a price guide of $1,100,000 - $1,210,000.

Glen Waverley set to be the busiest weekend auction hotspot

A third property going to auction in Glen Waverley this week is 3/7 Carramar Avenue (pictured above).

The two bedroom, one bathroom unit/townhouse has a price guide of $620,000 to $680,000.

Tags: 
Auctions Glen Waverley

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