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The auction was one of 1755 scheduled on Saturday, and buyers were taking their time to bid after having the luxury of more choice on Melbourne’s biggest auction day on record.
Winter is coming, but the real estate market should stay hot Share National residential real estate listing numbers are expected to stay higher than usual through winter and not suffer the traditional seasonal slump, according to the boss of Australia’s largest agency group. Dan White, managing director of Ray White Group, said the home appraisal figures – a key indicator upcoming sales – are running at record highs across its national network. Interior of a terrace in Albert Park, Melbourne, which fetched $7.01 million - or more than $22,000 per sqm - at auction on Saturday. “There...