Melbourne auction volumes were much lower this weekend, as was expected with it being AFL Grand Final weekend. There were only 153 reported auction results with a clearance rate of 65%. Read all Melbourne's auction results below.
https://reiv.com.au/market-insights/auction-results
One of the auctions that took place on Grand Final weekend was a development site at 60 Henry St in Melton. The auction had four active bidders and sold for $675,000, which was $125,000 above the reserve.
Another strong auction result for the weekend was the sale of 22B Mawarra Crescent in Chadstone. The auction was contested by two bidders with a young first homebuyer couple winning the keys for $1,070,000, which was considerably higher than the price guide of $900,000-$950,000.
