Mount Waverley set to be busiest weekend auction hotspot
The Melbourne suburb of Mount Waverley is host to the highest volume of auctions this weekend, with 10 homes set to go under the hammer, according to CoreLogic.
Next busiest are Glen Waverley and Reservoir, also in Melbourne, with nine scheduled auctions each, along with the Sydney Suburb of Surry Hills.
This week, the number of auctions scheduled to take place across the combined capital cities is expected to fall, with 1,144 currently being tracked by CoreLogic, down from the 1,479 auctions held last week at final results.
Over the same week, last year a much higher 2,279 auctions took place across the capital cities.
Both Melbourne and Sydney are expected to see a decrease in activity this week, with 500 homes scheduled for auction across Melbourne, while Sydney is set to host 431 auctions, decreasing on the 672 and 539 auctions held last week respectively.
The smaller auction markets will also see a lower volume of homes auctioned week on week with the exception of Adelaide where more auctions are scheduled and Tasmania where there is no change.
The busy auction weekend in Mount Waverley sees 7 Annesley Court (pictured in title) offered.
The property going under the hammer is a five bedroom three bathroom house.
It comes with an indicative price guide of $2,100,000 - $2,310,000.
Another example of the breadth of auctions taking place in Mount Waverley is 1/22 Surrey Road (pictured above).
The property going under the hammer is a four bedroom three bathroom townhouse.
It comes with an indicative price guide of $1,300,000 - $1,420,000.
A third property going to auction in Mount Waverley this week is 13 Biscayne Drive (pictured above).
The property going under the hammer is a three bedroom one bathroom house.
It comes with an indicative price guide of $1,250,000 - $1,350,000.