VIDEO – Melbourne continues to increase

There were 1,480 homes taken to auction across the combined capital cities this week returning a preliminary clearance rate of 63.7 per cent. Last week saw 1,505 homes taken to auction with the final clearance rate coming in at 61.8 per cent, the highest final clearance rate since May last year. After remaining results are collected we expect the final clearance rate to be slightly lower week-on-week.
In Melbourne, 644 auctions were held across the city returning a preliminary clearance rate of 69.7 per cent. Sydney recorded a preliminary clearance rate of 67.1 per cent across 551 auctions. Across the smaller auction markets, Perth saw lower volumes week-on-week while all other cities saw an increase in auction volumes.
Get a full rundown of results in all the capitals including a breakdown between units and houses.  Also a look inside the top sales in Sydney, Melbourne, Adelaide and Brisbane, Canberra and Perth.   Kevin Brogan joins Kevin Turner to present the latest figures from Core Logic.

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