Auction Clearance This Week 22 OCT 2023

The Australian real estate market continues to buzz with activity, with most of the auctions held in Melbourne. Melbourne lead the auction clearance this week 22 Oct 2023 in total auctions across all capital cities. The buyers were out in October before the Melbourne racing cup and Christmas holidays. Buyers are enjoying the warm weather and fully utilizing their last chance to snap a property before RBA raises interest rates in Nov 2023