Based on Reported Auction Results*
| Mar 1 |
865/1,374 |
63% |
* 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. |
| Mar 8 |
322/504 |
64% |
| Mar 15 |
770/1,168 |
66% |
| Mar 22 |
755/1,163 |
65% |
| Mar 29 |
841/1,336 |
63% |
| Apr 5 |
786/1,192 |
66% |
| Apr 12 |
854/1,378 |
62% |
| Apr 19 |
Easter |
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| Apr 26 |
284/459 |
62% |
| May 3 |
546/781 |
70% |
| May 10 |
583/834 |
70% |
| May 17 |
585/861 |
68% |
| May 24 |
808/1,189 |
68% |
| May 31 |
971/1,429 |
68% |
| Jun 7 |
342/527 |
65% |
| Jun 14 |
659/970 |
68% |
| Jun 21 |
576/874 |
66% |
| Jun 28 |
666/889 |
75% |
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Solid Auction Success Rate Continues
… New Fee Deal Commences 1st July
Plentiful weekly volumes in autumn of home offerings have not been enough to overpower buyer demand. Properties that sold at or prior to auction hovered in the 60’s percent area with several results in late autumn/early winter recording 70% or higher. This is a “good” market for sellers, with buyers experiencing competition from other buyers in most instances when attempting to negotiate a sale, or buy at auction. It has been a year or two at least, since we have seen this level of strength. House prices which were flat or trending down, have this year changed back to moving up, albeit it at modest pace.
12 Hatton Grove, Coburg – a recent quality home purchase for clients.
Renowden Buyers Advocates is offering a new fee deal commencing from 1st July 2025 for sale negotiations and bidding at or prior to auction. Our special fee structure includes a low cost service for a second property if we are unsuccessful with our first property purchase attempt. Please contact us 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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