On the last weekend of July, online auctions in Melbourne broke sales records in the two suburbs, which had a positive impact on the real estate market.
Both Macleod and Mulgrave set the record for the most expensive real estate auction transactions ever. After a major renovation of 19 Dwyer Street, a real estate couple set a new Macleod house price record through auction. The couple sold the five-bedroom house at a price of $2,344,500, which was $244,500 higher than their expectations. It also broke the previous record of $2 million in sales of 38 Gresswell Rd in the suburb.
In Mulgrave, a magnificent mansion at 20 Oliver Court was sold for A$2.515 million. It broke the latest record of A$2.48 million in 2017.
In addition to the above two properties over 2 million, Middle Park also successfully sold a two-bedroom Victorian villa last week, which was sold online for A$2.25 million.
In addition, according to the official statistics of the Real Estate Institute of Victoria (Real Estate Institute of Victoria), as of Sunday, July 26, a total of 248 real estate auctions have been conducted throughout Victoria, with a total clearance rate of 78%. The villa clearance rate last week was 77%, and the unit clearance rate is unknown. The total value of the auction was A$171 million.
https://www.realestate.com.au/news/macleod-and-mulgrave-houses-smash-price-records-at-auction/