Market Update 14th February 2024
By | 12th Feb 24

Melbourne’s property market has started strongly with another 77% clearance rate from 519 auctions on the weekend.  This is much higher than the 68% clearance rate from auctions on the same weekend last year. Read all Melbourne’s auction results below.


Turn key period style homes with swimming pools are very popular with family buyers. Two families fought it out for 49 Essex Rd in Surrey Hills which sold for $2,150,000 with an upsizing family winning the keys.


One of the biggest sales for the weekend was 40 Yarravale Rd in Kew which sold for $3,050,000. The three bedroom two bathroom modern home on 371m2 sold strongly and it last sold in 2012 for $2,285,000.