Richmond tops ladder for most auctions: REIV
Jonathan ChancellorDecember 7, 2020
Richmond is Melbourne's most active inner ring auction suburb, according to the REIV.
South Yarra ranked second, nine auctions fewer, in the top 10 auction suburbs in inner Melbourne are as follows (as at 6 July 2014).
Last weekend Richmond's highest price was 19 Charlotte Street (pictured above) sold at $1,363,000.
The cheapest was $390,000 at 2/16 Rowena Street for a one bedroom unit.
Suburb | Total Auctions | Sold at Auction | Clearance Rate |
Richmond | 248 | 193 | 78% |
South Yarra | 239 | 176 | 74% |
235 | 145 | 62% | |
220 | 172 | 78% | |
Preston | 210 | 144 | 69% |
191 | 144 | 75% | |
189 | 140 | 74% | |
Northcote | 183 | 152 | 83% |
Brunswick | 180 | 133 | 74% |
180 | 154 | 86% |
Source: REIV
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.