Carlton North pips Elsternwick for best auction clearance rate
Melbourne's inner ring's highest clearance rate suburb was Carlton North with 88% from 32 auctions.
It just pipped Elsternwick in the top 10 clearance rates in inner Melbourne with its busier 87% success rate.
Recent sales included a three bedroom terrace at 134 Fenwick Street, Carlton North (pictured above) that sold through Nelson Alexander at $1.22 million.
It last sold at $435,000 in 2002.
Neither suburbs had any auctions last weekend, and this weekend there is just the one in Elsternwick.
It is a new home at 19a Riddell Parade.
Suburb (15+ Auctions) | Total Auctions | Sold at Auction | Clearance Rate |
32 | 28 | 88% | |
91 | 79 | 87% | |
180 | 154 | 86% | |
60 | 51 | 85% | |
161 | 135 | 84% | |
56 | 47 | 84% | |
117 | 98 | 84% | |
Abbotsford | 55 | 46 | 84% |
48 | 40 | 83% | |
183 | 152 | 83% |
Source: REIV
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
