Market Update 25th October 2023
By | 25th Oct 23

Melbourne’s property continues its consistent performance with a 72% clearance rate from 734 reported auctions. This is an improvement from last year’s 69% from a larger volume of 983 auctions for the same weekend. Read all Melbourne’s auction results below.

Apartments with courtyards are always in strong demand. An apartment in Henritta Street, Hawthorn sold for $770,000, with 5 bidders pushing it well above the $640,000 quote price and $80,000 over reserve.        

One of the biggest sales for the weekend was a house in Victoria Road, Northcote which sold for $2.95 million. The property was quoted $2.7 million plus and was a modern 4 bedroom 2 bathroom home.