North East strongest as Melbourne auction clearance rate continues to climb: CoreLogic

North East strongest as Melbourne auction clearance rate continues to climb: CoreLogic
Staff reporterOctober 9, 2016

Melbourne’s auction rate continues to increase as there is an increase of around 20% compared to last year of 65% to almost 90%. The suburb with the highest clearance rate is at the South East with 86% as 107 of the 124 auctions were cleared. The lowest is the North West with 74% with 77 out of 86 auctions cleared.

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