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Monday’s auction event saw nine properties go under the hammer, with a 77 per cent clearance rate.
The top result for the day went to marketing agents Jelena Talia and Peter Travlos who sold 60 Lady Nelson Way, Taylors Lakes, under the hammer for $936,000 with eight bidders.
Another stand out auction was that of 41 Wimmera Crescent, Keilor Downs, which sold under the hammer for $801,000 with four registered bidders, an incredible result for the vendors and marketing agents Keely Bryant and Peter Travlos.
Wednesday’s in-room auction even yielded a 100 per cent clearance rate, with 10 out of 10 properties selling under the hammer.
The top result for the night went to selling agents Peter Travlos and Jelena Talia who sold 22 Watson Rise, Keilor sold under the hammer for $1.49 million with three bidders.
Lorry Colussi and Amanda Micallef sold 8 Mungana Court, Taylors Lakes, under the hammer for $1.26 million with eight registered bidders, achieving a fantastic result for their vendors.
Another fantastic result was at 9 Burnett Close, Taylors Hill, which sold under the hammer for $1.1025 million with Ratip Cileli and George Skizas as marketing agents.
Ray White Taylor’s Lakes sales executive Lorry Colussi said despite the fantastic results achieved, he felt there was an air of hesitation among buyers.
“We achieved a 77 per cent clearance rate on the first night and a 100 per cent clearance rate on the second night which provides a clear indication of where the market currently stands,” Mr Colussi said.
“While we’re pleased with the outcome in terms of sales, one notable concern was the relatively modest crowd attendance and number of active bidders.
“This points to a level of hesitation among buyers, which is consistent with the broader sentiment we're observing across the market.
“Uncertainty regarding the upcoming election appears to be impacting buyer confidence. These conditions are creating a wait-and-see approach for many potential purchasers.”
