Melbourne’s Property Market Sees Shift Towards Midweek Auctions

Melbourne’s property market is witnessing a significant shift as midweek auctions gain traction amidst declining Saturday events. Recent data shows only 246 homes auctioned this week, with 50% scheduled for Saturday, down from 86% last year. Experts suggest that midweek auctions may provide sellers with a competitive edge, especially during high-profile events like the AFL Grand Final. Successful sales, such as a $1.675 million property at 7 Roma Parade, highlight the effectiveness of this strategy in attracting serious buyers.