Business
Melbourne auctions: St Kilda West house sells for $3.67 million at online auction – Domain News
The weekend saw the most online auctions in Melbourne to date, and a high online auction success rate – despite the clearance rate taking a fall.
Melbourne recorded its highest number of online auctions at the weekend and its highest online auction success rate, despite a drop in the overall auction clearance rate.
It comes as the city battles through its second weekend of stage three lockdown due to a spike in COVID-19 cases.
Many auctions previously scheduled to be held in person had moved online in the past two weeks and many more had been withdrawn.
The preliminary clearance rate was 44.1 per cent after 483 scheduled auctions and 1…
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