Pete Wargent blogspot

PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

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Sunday, 26 September 2021

Melbourne auctions all but halted

Nuclear winter

Almost no auction sales were reported at all in Melbourne this weekend, as the state government continues to apply incredibly tough lockdown measures, now approaching 250 days, the most of any city in the world. 

The sample size for units was too small to determine a median sales price for Melbourne. 

Basically a null result. 


Source: Domain

Ghost town...hopefully they can plot a way out of it soon. 

Sydney is till recording solid auction results, on reasonable volumes.