Market Update 19th October 2023
By | 18th Oct 23

Melbourne’s property market continued its strong results throughout the spring selling season with a 74% clearance rate from 643 reported auctions.  This was similar to the same weekend last year where there was a 70% clearance rate from 618 auctions. Read all Melbourne’s auction results below.         

One of the biggest sales for Melbourne’s property market was a 4 bedroom updated house in the popular Gascoigne Estate. A house in Kerferd Street, Malvern East sold for over $6 million on 931sqm of prime land.                      

An updated family home in Darlington Grove, Coburg sold for $1.68 million as updated homes continue to be the most popular. The house sold for $210,000 over reserve with 2 bidders pushing hard for the keys.