Big weekend ahead for Victorian auctions

By |
More than 1000 homes are set to go under the hammer this weekend across another two big days of auctions in Melbourne.
The Real Estate Institute of Victoria (REIV) are predicting 1,040 auctions will take place in 278 suburbs across the state this weekend. 

While the number of auctions this weekend is slightly down on the figures from the same time last year (1,132 for the corresponding weekend), auction volumes in Victoria have continued their growth. 

Since the state’s last auction boom in 2010, auction volumes in the year to date have risen by 14% according to the REIV, with 12,500 auctions held so far this year compared to 11,000 held in by this time 2010, 

The top suburbs which have more than doubled in auction volumes over the past five years are Rosebud, Craigieburn, Clayton, Blackburn South, Vermont South and Epping.

This weekend’s top auction locations are Richmond (19 auctions) and Port Melbourne (18 auctions), followed by Brighton East and South Yarra who have 17 each. 


Can you afford to buy in this suburb? Find out how much you can borrow

Top Suburbs : torrensville , north lambton , albion , rooty hill , wallsend

go back

Get help financing your investment

Do you need help finding the right loan for your investment?

When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.

Just fill in a few details below and we'll then arrange for a local expert Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus, our mortgage broking service is at no cost to you.

How soon would you like a mortgage?
What is your Annual Household Income i $
Do you currently own any Investment Properties?
Do you own your own residence?
How much equity do you have in all your current properties?
First Name
Last Name
Where do you live?
What number can we reach you on?
E-mail address
We value your privacy and treat all your information seriously - you can check out our privacy policy here