From RP Data comes the below graphic showing that 2,415 auctions are scheduled this weekend across Australia’s capital cities, which would be the highest number of auctions since late-2010:
Melbourne alone is expected to host around 1,200 auctions, according to the REIV.
Advertisement
I’m tipping an auction clearance rate in the mid-to-high 60s in both Melbourne & Sydney (note: this is based on nothing more than a ‘finger in the air’ guess).
