Outer East Melbourne area scores highest auction clearance rate: CoreLogic

Outer East Melbourne area scores highest auction clearance rate: CoreLogic
Outer East Melbourne area scores highest auction clearance rate: CoreLogic

The Outer East region of Melbourne scored the highest auction weekend clearance rate, according to CoreLogic’s latest report.

The property data firm says that out of the 76 auctions in the Outer East region 84.2 percent resulted in a successful outcome.

This was followed by the Inner East with 82 percent and the North East with 79.4 percent.

Click to enlarge

Outer East Melbourne area scores highest auction clearance rate: CoreLogic

The Inner region had the lowest auction clearance rate with only 65.5 percent of its auctions cleared.

A three bedroom house at 81 David Street North, Knoxfield (above) was sold for $1.505 million.

Similarly a four bedroom house at 3 Azalea Court, Knoxfield (below) was sold for $925,000.

Outer East Melbourne area scores highest auction clearance rate: CoreLogic

Tags: 
Melbourne Corelogic

Comments

Be the first one to comment on this article
What would you like to say about this project?