Auction Results Saturday 6 May 2017

A clearance rate of 80 per cent was recorded this week compared to 82 per cent last week and 72 per cent this week last year. There were 599 auctions reported to the REIV, with 479 selling and 120 being passed in, 56 of those on a vendor bid. Vendors in four suburbs have almost been guaranteed success at auction this year, with clearance rates of 100 per cent recorded in Dingley Village (39 auctions), Tullamarine (21 auctions), East Geelong (16 auctions) and Carrum Downs (15 auctions).