Sell with Confidence
Read More

Melbourne’s Auction Clearance Rates On A Roll

If you're thinking about selling your real estate in Carnegie, now may be a good time to consider putting your property under the hammer.

The Real Estate Institute of Victoria (REIV) reported that every weekend in August so far has had a clearance rate above 70 per cent. Last weekend (August 10), delivered a 71 per cent clearance with low interest rates said to be building buyers' confidence.

If Melbourne records another clearance rate exceeding 70 per cent this weekend, the REIV states that this year's winter market would be "on track" to achieve the highest clearance rate in four years.

The winter clearance rate in 2009 was 85 per cent, however, it had almost 20 per cent fewer auctions than this year.

The average winter clearance rate last year was 57 per cent, with 2011 recording 55 per cent and 2010 coming in with 68 per cent.

Around 650 auctions are expected this weekend, up from 597 the previous week, signalling a rising confidence in the Victorian real estate market.

The property experts at Ray White Carnegie can help you to secure a great price for your home – speak to experienced auctioneer Matthew Hurlston for valuable advice on selling Carnegie real estate.

Up to Date

Latest News

  • Heartfelt Hughesdale Sale

    Homely Hughesdale house sold to the renters next door by Hughesdale sales agents Jin Ling and Matt Hurlston, with an exemplary outcome. With many schools in Hughesdale such as Hughesdale Primary School, St Anargiri Greek Orthodox College, Sacred Heart Girls’ College, as well as both Caulfield and Clayton Campus for … Read more

    Read Full Post

  • Caulfield Property Management

    Median House Price in Caulfield (Rentals) – $699 per week Median Unit Price in Caulfield (Rentals) – $430 per week Just Leased in Caulfield: 1/16 Kean Street – $685 per week 202/888 Glen Huntly Road – $360 per week 2 Urandaline Grove – $1000 per week 207/888 Glen Huntly Road … Read more

    Read Full Post