Over 1000 Melbourne weekend auctions with Bentleigh East the busiest

Over 1000 Melbourne weekend auctions with Bentleigh East the busiest
Staff reporterDecember 12, 2018

This week, the busiest suburb for auctions is in Victoria where Bentleigh East has 20 homes scheduled for auction.

Followed by Craigieburn also in Victoria with 17 scheduled auctions, while St Ives (NSW) and Bentleigh (Vic) each have 15 auctions scheduled.

The combined capital cities are expected to see a lower volume of auctions this week with CoreLogic currently tracking 2,285 auctions, down from the 2,631 held last week.

Melbourne is set to see a lower volumes of auctions take place over the week, with 1,101 being tracked so far, decreasing from last week when 1,283 auctions were held across the city and much lower than 12 months ago when 1,630 homes went under the hammer.

In Sydney, 695 homes are currently scheduled for auction this week, down from 870 last week and lower than the same week last year when 708 auctions were held across the city.

Across the smaller auction markets, the number of homes scheduled for auction this week are lower in Brisbane and Canberra, while Adelaide, Perth and Tasmania are expected to see a higher number of auctions take place.

Indicative of the auction numbers in Bentleigh East is 11 Argyle Street, Bentleigh East (pictured in title).

This three bedroom one bathroom house has an indicative price guide of $1 million - $1.1 million.

Set on 610 sqm the property is situated within walking distance of shops, cafes and public transport links.

Another example of the volume of properties going to auction in Bentleigh East is 5/36 Browns Road, Bentleigh East (pictured above).

The one bedroom one bathroom apartment comes with a price guide of $295,000 - $324,500.

Set on 50 sqm the apartment is noted in the listing as "brand new."

Another property indicative of the busy auction week is 49B Elizabeth Street, Bentleigh East (pictured above).

This three bedroom two bathroom townhouse goes to auction with a price guide of $750,000 - $800,000.

Located minutes from Centre Road's cafe and shops the property is also close to public transport links.

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