Inner East, Melbourne auctions secure 82% clearance rate: CoreLogic

Inner East, Melbourne auctions secure 82% clearance rate: CoreLogic
Staff reporterFebruary 12, 2017

The Inner East region of Melbourne takes top spot with the highest auction clearance rate, according to CoreLogic’s latest report.

The property data firm says that out of the 28 auctions known to CoreLogic in the Inner East 82% were sold.

Click to enlarge

This is followed by the Mornington Peninsula with 80% and the South East region with 79%.

A three bedroom house at 3 Peacock Street, Burwood (above) was sold for $1,468,000.

Similarly a three bedroom unit at 2/31 Sutton Street, Balwyn North (below) was sold for $1,308,000.

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