Property auction results

Home Price Guide
Home Price Guide® provides recent property sales & auction results.

REIV - Real Estate Institute of Victoria
Get the latest auction results first from the REIV every Saturday and Sunday evening.

APM Home Price Guide
Latest Auction Results - APM Home Price Guide

domain.com.au
Melbourne recent property sales & real estate auction results @ domain.com.au

Realestate.com.au
View the weekly auction results by suburb for the Melbourne, VIC area, including data on sold property prices, auction dates and Agent details on realestate.com.au

Auction Results and Recent Property Sales - realestate.com.au
Select and view the latest auction results from across Australia including recent house and property sales data on realestate.com.au

Australian Real Estate Blog
Melbourne and Sydney Auction Results

Property Auction times across Australia
Find Auction Times on - realestate.com.au

Ray White Real Estate Property Auction
1300 RAYWHITE - Ray White Property Auctions - www.raywhiteauction.com

Auction result information can be a handy tool for watching the property market, but knowing what the numbers mean and how they are calculated is the key to success. Secondly, APM publishes results on Saturday evening, based on the majority sample collected on that day, for release across various publications on the Sunday, while the process of collecting results continues. Essentially, what the clearance rate aims to provide, are a snapshot of how demand and supply in the auction market is behaving and a leading indicator as to how the whole market is expected to perform. APM includes withdrawn auctions in the calculation to prevent any bias in the clearance rate caused by properties being withdrawn due to expectations it may not sell or fail to achieve an expected price.

Melbourne Sales Results

Guide to selling a property at auction: sell your house for the best price
And since auction is a sale through exclusive agency, where only one agent lists your property, agent fees can often be substantially lower. Your agent will arrange for an advertising campaign to raise the interest of potential buyers. Your agent will also arrange for a number of open house inspections - set times when anyone can come into your property to look around. Your agent should keep a log of all people entering the property on each of these occasions so they can ascertain how many are repeat visitors. People who inspect more than once are often showing a genuine interest as a potential buyer. The sale of the property is not finalised until both seller and buyer have signed the contract and all relevant checks and transfers have been made.

Seven rules for buying at auction
If you don't know the tricks used at auctions, you are certain to get hurt

Buying at Auction Check List

Arrange a home loan pre-approval so that you know what you can afford and so your finances are ready for you to bid on a property that you like.

Start looking for a property by contacting your local agent, ensuring that you are on their database for email alerts for upcoming auctions.

Get a feel for the process by attending various open homes and auctions prior to bidding.

Decide what you want in a property, get as much information as possible from your agent and ensure you visit any properties that may interest you.

If you are interested in a property, ensure you obtain a contract of sale available from your real estate agent.

Ensure your solicitor checks the contract thoroughly for you. Your solicitor may also recommend different reports be conducted such as building and pest inspection reports.

Decide how much you are prepared to spend on this property. What it is the maximum you are prepared to bid? Mentally setting your maximum bid can stop you from spending more money than might be reasonable, or losing a deposit.

Once you have found the property you wish to bid on, you will need to arrange a deposit, usually 10% of the purchase price. A deposit bond is sometimes acceptable as an alternative you may want to check this with your real estate agent.

Register to bid either by contacting the agent prior to auction or as you arrive at the auction. If you cannot make the auction you can authorise someone to bid and sign on your behalf. See your agent for more information.

Make the winning bid!

Pay the deposit and sign the contract.

Arrange insurance to ensure your property is protected.

Contact your Bank or Mortgage Broker to finalise your finance.

Wait for settlement, typically a period of around 30 days.

Arrange to have all your utilities connected to your new home.

Move in to your new home!

Mortgage Stress

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