Mixed results; 2 of the scheduled auctions are yet to record an outcome; 8 passed in and 7 successfully sold. It was a small sample size and hard to put a line through recent city commentary. Entry level stock; under $750,000 is selling and premium property above $2,000,000 is continuing to out perform expectations.
Agents are reporting healthy sales at the premium end of the market. Marcus Gollings of McEwing Partners in Mornington; got a deal done on 19 Webbs Lane Somerville for north of $4million and the agency has had a solid month of premium property sales.