Sell with Confidence
Read More
News

Auction Action with Jeremy Tyrrell

By Rachael Vrana

Week Ending 7 June
(Queens Birthday Long Weekend)

Ray White Victoria recorded a clearance rate of 52% this week from 27 auctions reported. Although it was a long weekend, auction clearance rates are relative to properties auctioned, which indicates the first significant shift for 2014.

Victoria clearance: 
67% from 227 auctions (source: REIV)

Note: 
2014 trending strongly… One in every four homes sold so far this year have been sold at auction (compared to one in five this time last year).

Auction Highlight:
Another solid in-room auction event for Ray White Ferntree Gully on Thursday 5th June, selling 4 from 5 on the night. Well done also to Ray White Bundoora for 100% clearance in their core area on Saturday.

Up to Date

Latest News

  • Why Rentvesting Makes Sense

    Only 55 per cent of millennials aged between 25-39 own their home, compared to 70 per cent of baby boomers at the same age in 1991 and 65 per cent of Gen X in 2006. This dramatic shift reflects more than just affordability challenges – it represents a fundamental change … Read more

    Read Full Post

  • How to Add Classic Hamptons Style to Your Modern Home

    You don’t have to travel to northeast US to enjoy the distinguished style of the Hamptons. Traditionally a summer colony where wealthy New York City dwellers would decamp for the hotter months, the Hamptons “look” has become so popular that it’s now emulated the world over. Synonymous with light-hued palettes, … Read more

    Read Full Post