Market Update 1st November 2023
By | 1st Nov 23

Melbourne’s property market passed another super Saturday test with flying colours with a 72% clearance rate from a large volume of 1101 reported auctions. This compared to a 73% clearance rate from 491 auctions this time last year. Read all Melbourne’s auction results below.


A modern townhouse style home at 80B Albenca Street, Cheltenham sold for $1.585 million on the weekend. There was strong bidding to see the house sell for $35,000 above reserve.                 


One of Melbourne’s biggest auction results was a Victorian terrace in Domain Street South Yarra selling for $4.295 million. The property was in the prized Botanical Garden’s precinct.