Auction Update

We have told you that before bidding on an auction, you should always be familiar with the methods of the auctioneer, who will be conducting the auction at the property you want to buy. Cate Bakos – buyers' agent in Melbourne – shares the things...

• Clearance rate sturdy on increased numbers • Market has ‘depth’ • Houses outperform unitsThere were 2,837 homes taken to auction across the combined capital cities this week, returning a preliminary auction clearance rate of 74.5 per cent. In Melbourne, a preliminary auction clearance rate of 75.3 per...