Hoppers Crossing tops weekend auction offerings: CoreLogic

Hoppers Crossing tops weekend auction offerings: CoreLogic
Hoppers Crossing tops weekend auction offerings: CoreLogic

This week, all of the busiest suburbs for auctions are in Victoria.

Hoppers Crossing tops the list with 21 homes scheduled to go to under the hammer, followed by Craigieburn with 18 scheduled auctions, while Port Melbourne, Reservoir and Richmond each have 16 scheduled auctions.

Hoppers Crossing tops weekend auction offerings: CoreLogic

Upcoming auctions

This week, the number of auctions scheduled to take place across the combined capital cities is expected to rise, with 2,342 currently being tracked by CoreLogic, increasing from the 1,799 auctions held last week at final results and similar to the volume of auctions held over the same week last year (2,350).

Both Melbourne and Sydney is expected to see an increase in activity this week, with 1,218 homes scheduled for auction across Melbourne, while Sydney is set to host 737 auctions, increasing on the 914 and 588 auctions held last week respectively.

All of the smaller auction markets will also see a higher volume of auctions this week compared to last.

Hoppers Crossing tops weekend auction offerings: CoreLogic

Hoppers Crossing tops weekend auction offerings: CoreLogic

A Hoppers Crossing three bedroom house priced at $570,000-$610,000 has been scheduled for auction on April 28 (pictured below).

Located at 4 Stafford Street, the Victorian home comes with formal and informal living areas, large open plan kitchen/meals/living and covered outdoor BBQ alfresco.

Other features include modern second bathroom, polished floorboards, and lock up garage with additional parking for a boat, caravan or trailer.

Positoned on the 633sqm block, it is only minutes to shopping transport and freeway access.

Hoppers Crossing tops weekend auction offerings: CoreLogic

Another Hoppers Crossing three bedroom has been scheduled for auction on April 28 with a price guide of $400,000 to $440,000 (pictured below).

It is listed by Austin Skilton and Paul Nuske from Professionals Triwest Real Estate.

Situated at 133 Bethany Road, it comes with three bedrooms,  separate living and dining areas, and secure rear yard with lovely established gardens.

Extra features include ducted heating, split system air conditioning, and single remote garage with direct internal entry.

Opposite parklands, it is close to schools, shopping centres, sports facilities and public transport.

Hoppers Crossing tops weekend auction offerings: CoreLogic

Another two bedroom unit priced at $330,000-$360,000 also has been scheduled for auction on Saturday (pictured below).

Positioned at 12 The Glades, Hoppers Crossing, it features two bedrooms,  lounge space with an abundance of natural light, double car garage and landscaped backyard.

It is within walking distance of Pacific Werribee Shopping Centre, Cambridge Primary School, Heathdale College, transport, parks, walking trails and more.

Hoppers Crossing tops weekend auction offerings: CoreLogic

Summary of Last Week’s results

Last week, the final auction clearance rate increased to 62.2% after the week prior saw the final clearance rate drop to its lowest level seen over the year-to-date, returning a 61.7% success rate. In retrospect both clearance rates and auction volumes across the combined capitals have remained relatively steady over each of the last 3 weeks, with clearance rates consistently in the low 60% range and volumes around the 1,800- 1,900 level.

Melbourne and Sydney returned an equal 63.6% auction clearance rate last week, both recording an increase on the week prior when 62.4% of Melbourne auctions cleared and a 61.5% success rate was recorded across Sydney. Looking at volume of auctions, Melbourne recorded a slightly higher volume week-on-week with 914 held, increasing on the 873 the previous week, while Sydney saw a fall in activity with 588 auctions held, down on the 795 auction held the week prior.

The performance across the smaller auction markets were mixed last week, with clearances rates improving in Brisbane and Tasmania, while Adelaide, Canberra and Perth all saw a fall in the final clearance rate over the week.

Of the non-capital city regions, Geelong recorded the highest clearance rate with 85.3% of auctions clearing last week.

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 Hoppers Crossing tops weekend auction offerings: CoreLogic

 

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Hoppers Crossing tops weekend auction offerings: CoreLogic

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Auctions Corelogic

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