Brunswick, Victoria to be the busiest weekend auction suburb: CoreLogic
Brunswick, Victoria is set to be the busiest auction suburb this weekend, according to CoreLogic’s latest report.
The property data says that auction property numbers are expected to surpass last weeks.
Victoria has all of the busiest suburbs for auction this week, with 23 homes scheduled to go to auction across Brunswick, while Hopper Crossing is set to host 19 auctions, Reservoir with 18 and Northcote and Richmond both with 16 auctions each.
The number of properties scheduled to go to auction this week is expected to surpass last week as the busiest week for auctions since June, with CoreLogic currently tracking 2,592 auctions across the combined capital cities, up from last week when final results saw 2,510 auctions held.
Over the same week last year, volumes were lower that what we are currently tracking this week (2,480).
Sydney is set to see a higher volume of auctions this week, with 983 homes scheduled to go to auction across the city, increasing from last week when 916 auction were held.
In Melbourne auction activity will remain relatively steady week-on-week, with 9 fewer auctions scheduled this week (1,256), when compared to last week’s final results (1,265).
Looking at the smaller auction markets, activity is set to rise in Adelaide, Canberra, Perth and Tasmania, while Brisbane will see fewer auctions scheduled this week compared to last.
A three bedroom house at 4 Collace Street, Brunswick (above) will be sold over the weekend for between $1.1 million to $1.2 million.
A four bedroom house at 15 Eveline Street, Brunswick (below) will be sold for between $1.6 million to $1.7 million.
Built in 1880 the 278 sqm property last sold for $940,000 in 2011.
