Auction Wrap for the week ending 25th August 2019

With high attendance at all OBrien Auctions this week the team achieved 82% success at auction for the week ending 25th August 2019.
Statistics produced by one of Australia’s leading real estate data sources have shown that this weeks Melbourne clearance rate has been the strongest for the same week for the last five years .
2019 – 81%
2018 – 56.6 %
2017 – 72.3 %
2016 – 77.4%
2015 – 74.3%
As this week is the last week of the winter market and the Spring market gets into gear we expect volume and clearance to remain strong.

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