Melbourne’s property market had a breather with the Labour Day weekend bringing only 143 auctions and an 85% clearance rate. In comparison, last year’s long weekend had 365 auctions and a 75% clearance rate. Read all Melbourne’s auction results below.
https://reiv.com.au/market-insights/auction-results
One of the strongest results on the long weekends was the 4 bedroom, 3 bathroom house sale at 20 Anzac Crescent in Williamstown. The property on a 530m2 block needed some work and sold for $1,890,000.
https://www.realestate.com.au/sold/property-house-vic-williamstown-147160116
You now need $1.2 million to buy a small little terrace on minimal land in South Yarra as was seen with the sale of 6 Tyrone St in South Yarra. The two bedroom, one bathroom single fronted home on a tiny block of 172m2 sold for $1,205,000.
https://www.realestate.com.au/sold/property-house-vic-south+yarra-147147704
