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More Properties for Sale in Melbourne

By Matt Hurlston

Recent sales figures released by RP Data this week (April 14) suggest that now could be a great time to buy Carnegie real estate, as the number of properties listed for sale across Melbourne is on the rise.

Over the past 28 days, a total of 7,198 properties across the Victoria capital were listed for sale – and there has been a 4.1 per cent increase in the number of homes up for purchase in the last 12 months.

In fact, of all the Australian capital cities, only Darwin recorded a higher increase – 4.3 per cent – in the number of homes for sale.

The figures from RP Data also indicated that last weekend, 610 auctions took place across Victoria – the highest number of any capital city. During the weekend of April 13 and 14, these auctions resulted in a 67.5 per cent clearance rate.

The average time a Melbourne house for sale remains on the market is approximately 45 days, while units are listed for an average of 49 days before they sell.

Whether you are interested in buying or selling Carnegie real estate, the team at Ray White Carnegie can help. Contact us today for more information about what our experienced agents can do for you.

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