Victorian Property Market Wrap: February 2024 Auction Results and Buyer Sentiment
February brought Melbourne auctions back above 60 percent for the first time since October 2023, helped by the usual early-year lift in buyer activity.
February brought Melbourne auctions back above 60 percent for the first time since October 2023, helped by the usual early-year lift in buyer activity.
January was a quiet reset for Melbourne auctions, with low holiday-period volumes making weekly results more useful than sweeping market conclusions.
December 2023 saw Melbourne auction activity taper toward the holiday period, with early-month results showing softer clearance rates than the stronger winter and early spring run.
November 2023 brought more auction stock to Melbourne, with clearance rates easing as buyers gained choice but remained more active than in the softer parts of 2022.
October 2023 gave Melbourne a lift in auction volumes and a more balanced spring market, with clearance rates holding above 60 percent.
September 2023 brought more auction choice to Melbourne, with clearance rates easing but remaining stronger than the prior year.