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Auction Wrap – 3 May 2013
The REIV recorded a clearance rate of 72 per cent on the weekend, compared to 59 per cent on the same weekend last year. Fletchers sold 11 out of the 17 properties scheduled for auction, with a success rate of 65 per cent.
We had great numbers at our open for inspections this week and called one auction. Really looking forward to tomorrow – I’m calling the auction for a landmark property at 434 Elgar Road in Box Hill (one the corner of Hopetoun Parade).
Next weekend, around 740 auctions are expected in Melbourne. Fletchers have 15 auctions scheduled, so should be a busy weekend!
Hope to see you at some of our open for inspections or auctions tomorrow!
434 Elgar Road, Box Hill (corner of Hopetoun Parade)
Categories: Auction Wrap
auction clearance rate, auction results, Tim Heavyside
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