In a weekend of rain and sunshine popular properties basked in the light, while those less appealing passed in on dampened spirits.
There were 827 auctions reported, with a clearance rate of 65 per cent. Wakelin Property Advisory director Monique Sasson Wakelin said the lower clearance rate had created a window of opportunity for buyers.
Although she detected a drop in bidding activity, Ms Wakelin said it was not evidence of “a market about to fall on its face” but the result of an unusual set of circumstances, including a significant increase in supply. One of the top-selling properties was a five-bedroom home on 770 square metres at 1 Terama Court in Glen Waverley.
