Expert insights Buying Melbourne records preliminary auction clearance rate of 73.7%: CoreLogic RP Data Melbourne
Melbourne records preliminary auction clearance rate of 73.7%: CoreLogic RP Data Melbourne
Michael CrawfordDecember 7, 2020
Melbourne has a preliminary auction clearance rate of 73.7% for the week ending 13 September from 1,181 auctions, according to CoreLogic RP Data's Property Market Indicator Summary.
This time last year 1,018 properties were auctioned to record a clearance rate of 73.4%.
The inner Melbourne region recorded a preliminary auction clearance rate of 71.2% from a total of 248 auctions. The north east region had a preliminary clearance rate of 80.6% from a total of 147 auctions.
Michael Crawford
Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.