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.
As a new year draws close, so too do fresh perspectives and innovative ideas that inspire us to transform our homes. We asked some industry insiders for their hottest interior design trend predictions for 2025. 1. Monochromatic minimalism Move over maximalism: minimalism provides an escape from everyday life. Photo: … Read more
When it comes to selling a property, there are many tricks of the trade you can employ to improve your sale price. From a lick of paint to simply mowing the lawn, find out which focus-areas and tasks will have the biggest impact for the lowest cost. We spoke to … Read more