Outer East Melbourne region scores highest weekend auction clearance rate: CoreLogic

Outer East Melbourne region scores highest weekend auction clearance rate: CoreLogic
Staff reporterDecember 7, 2020

Melbourne’s Outer East had the highest weekend auction clearance rate, according to CoreLogic’s latest report.

The property data firm says that out of the 52 auctions in the area 80.8% resulted in a successful outcome.

This is followed by the West with 79.6% and the North East with 78.5%.

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Outer East Melbourne region scores highest weekend auction clearance rate: CoreLogic

The Inner East region had the lowest clearance rate with only 67.8% of its auctions cleared.

A five bedroom Wheelers Hill house at 17 Highwood Drive (below) was sold over the weekend for $1.206 million.

It last sold in 1975 for $69,500.

A three bedroom house at 19 Diamond Avenue, Glen Waverley (below) was sold for $1.37 million.

Outer East Melbourne region scores highest weekend auction clearance rate: CoreLogic

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