Based on Reported Auction Results*
| Jul 5 |
455/631 |
72% |
* Auctions Scheduled across Melbourne
(Sold on the day or prior to auction)
A Guide to Success Rates:
Over 70%
Market very buoyant – prices rising strongly.
60% to 70%
Demand fair to good – prices flat or increasing.
Below 60%
Fair at best – prices level or falling. |
| Jul 12 |
361/548 |
66% |
| Jul 19 |
421/593 |
71% |
| Jul 26 |
475/663 |
72% |
| Aug 2 |
419/632 |
66% |
| Aug 9 |
436/622 |
70% |
| Aug 16 |
539772 |
70% |
| Aug 23 |
598/738 |
71% |
| Aug 30 |
637/901 |
71% |
| Sep 6 |
675/955 |
71% |
| Sep 13 |
744/1,074 |
69% |
| Sep 20 |
796/1,117 |
71% |
| Sep 27 |
158/220 Grand Final |
72% |
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Market Buoyant Into Spring
Following an extended period of little change to property values, prices have begun to rise slightly. Auction success rates have improved due to solid demand, assisted by falling interest rates. The outlook for further drops in interest rates remains optimistic, with further cuts expected.
Renowden Buyers Advocates is offering a fee deal to help home buyers looking for assistance with sale negotiation/auction bidding services. Our special fee structure gives buyers the added back-up comfort of a low cost service for a second property if we are unsuccessful with our first property purchase attempt. Contact us when you have found the right home, or if you would like further information.
Bruce Renowden
0412 100 501
Auction Bidding And Sale Negotiation
Property Advice
Property Search
Vendor Advocacy (for property sellers)
“Showed How Experience Provided Us With An Immediate Advantage”
Over 45 years industry experience.
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