Brighton townhouse tops Melbourne's 71% weekend apartment auction success rate
Sydney apartment vendors secured an 84% weekend success rate in what was the busiest week for auctions since the week prior to Easter 2018.
There were 3,791 homes taken to auction across the combined capital cities last week, according to CoreLogic.
The higher volumes saw the preliminary clearance rate strengthen, with 84.4 per cent of all auctions recording a successful result.
For apartment vendors the best result came with Sydney's 84% success rate.
Melbourne apartment vendors had a 71% success rate.
It was 55% in Canberra and 52% in Brisbane.
Houses outperformed units in all the major auction markets, Sydney (80%); Melbourne (84%); Canberra (90%) and Brisbane (73%).
Auction volumes are set to fall this week due to the Easter long weekend, with CoreLogic currently tracking around 880 auctions a cross the combined capital cities.
The Easter period last year saw 634 homes taken to auction.
Melbourne's results ranged from a $122,500 Box Hill studio which sold through Jellis Craig pre-auction through to a $2 million three bedroom, three bathroom Brighton East townhouse.
The 1A Hodder St offering had a $1.6 million to $1.7 million Gary Peer price guide.
The most affordable sale at auction in Sydney at the weekend was a two bedroom townhouse at 3/165-167 Adelaide St St Marys at $423,990.
The villa had sold at $355,000 in 2016.
