Reservoir sees out the 2017 auction year on top

CoreLogic is tracking 2,666 scheduled auctions across the combined capital cities over what is the last week for auction reporting for 2017.

It sits lower than the 2,735 held over the corresponding week last year. 

This is lower than last week’s final results which saw 3,371 auctions held.

Week-on-week activity across Melbourne and Sydney is set to fall as the end of year fast approaches, with a bumper 1,514 Melbourne homes scheduled to go to auction this weekend, down from the 1,833 auctions held last weekend.

Last week was the second busiest week for auctions this year across Melbourne.

In Sydney, there are 664 scheduled auctions this week, decreasing from the 1,007 auctions held last week.

All of the busiest suburbs for auctions this week are in Victoria, topping the list with 32 residential homes set to go under the hammer is Reservoir, followed by Craigieburn (27), Epping (23), and Frankston (23).

The Reservoir offerings include 21 Locksley Avenue (above), with $650,000 to $700,000 price guidance through McGrath.

There are fewer than a handful of auctions on Saturday December 23.