Auction clearance rates continue to peak while offical interest rates are held

For the second weekend in a row the Auction clearance rates have been 78% this is a continuation of a very strong market that we have seen all year, August recorded a 76% clearance rate for the month which was one of the highest recorded for the year.
The RBA today decided to leave the cash rate unchanged at 1.5%, interest rates remain low one of the driving forces behind the current market.

More Updates

investing in melbourne property

Investing in Melbourne Property: the expert guide

As the Melbourne market continues to stagnate, with growth lagging far behind other major cities, investors are increasingly capitalising on the opportunity by investing in ...
Read More
Melbourne property market predictions

2026 Melbourne property market predictions

by Carly Susic, Melbourne Property Advocate I wish I had a dollar for every time someone asked me for my Melbourne property market predictions. I’d ...
Read More
house buying checklist

How to create your House buying checklist

Creating your house buying checklist is a lot of fun — until reality hits. Melbourne is one of the most expensive cities in the world ...
Read More