Market Update 21st December 2021
By | 20th Dec 21

Melbourne’s property market has finished on a strong note with a solid clearance rate of 76% clearance rate from 1197 auctions. There were over 2000 auctions scheduled for another super Saturday. Now the market takes a break until early February. 

Properties in blue chip, locations are always highly sought after and in hot demand. A house a few doors down from Williamstown beach and Stewart St sold $300,000 above reserve. Four bidders pushed the price to $2,315,000. The beach locale is always a drawcard.

Family homes with and lifestyle attractions continue to see some run away results. A very modern and well fitted home in Caroline Springs sold for $1,715,000 with 6 bidders pushing the price $365,000 above reserve.