Market Update 18th November 2024
By | 18th Nov 24

Melbourne's property market continued its solid performance with a 74% clearance rate from 735 reported auctions. It was a Super Saturday with over 1000 scheduled auctions and similar to last years 73% clearance rate from a larger volume of 1092 reported auctions. Read all Melbourne's auction results below.

 https://reiv.com.au/market-insights/auction-results

 

One of the strongest auction results of the weekend was the sale of 165 Spensley St in Clifton Hill. The four bedroom, three bathroom home sold for $2,912,000, giving the owners a considerable profit after they purchased the house for $1,600,000 in 2014.

https://www.realestate.com.au/sold/property-house-vic-clifton+hill-146403700

 

Another strong result for the weekend was the sale of 12 Nicholsdale Rd in Camberwell. The four bedroom, two bathroom family home was quoted to sell for $2,600,000 plus and sold well above this for $3,010,000.

https://www.realestate.com.au/sold/property-house-vic-camberwell-146385580