Victoria's Glen Waverley to be busiest auction suburb this weekend: CoreLogic
Glen Waverley in Victoria is the busiest suburb for auctions across the nation this weekend, with 20 homes set to go to go under the hammer.
This is followed by Mosman in NSW with 16 scheduled auctions, and Reservoir and St Albans both in Victoria, with 15 auctions each.
This week, the number of auctions scheduled to take place across the combined capital cities is expected to rise, after last week saw a slowdown in activity due to the public holiday held in most states, including the two largest auction markets.
There are 2,247 properties scheduled to go to auction this week, increasing from the 1,279 auctions held last week and also higher than results from one year ago (2,183).
Across Melbourne and Sydney, the two major markets, auction activity will increase considerably, with Melbourne host to 1,036 auctions this week, up from 389 last week, and Sydney with 859 homes scheduled to go to auction, increasing from 619 last week.
It is expected that the remaining capital cities will see an increase in volumes this week with the exception of Tasmania, where activity will remain relatively steady over the week.
A five bedroom house at 1 Mandowie Road, Glen Waverley (above) has been scheduled for auction this weekend.
Similarly a three bedroom house at 4 Turner Court, Glen Waverley (below) has been scheduled for auction this weekend.
