North West strongest as Melbourne's clearance rate hits 67.7%: CoreLogic RP Data

North West strongest as Melbourne's clearance rate hits 67.7%: CoreLogic RP Data
North West strongest as Melbourne's clearance rate hits 67.7%: CoreLogic RP Data

Only 90 auctions were held in Melbourne for the week ending 4 October, with a preliminary clearance rate of 67.7%, according to CoreLogic RP Data.

This marks the third lowest clearance rate for the year.

The North West region reported eight of the ten auctions successful and the South East region had the highest number of auctions at 21.

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North West strongest as Melbourne's clearance rate hits 67.7%: CoreLogic RP Data

Michael Crawford

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.

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Auctions Clearance Rate

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