In Victoria, auctions are the most popular method of selling residential property, particularly in sought-after suburbs where demand usually exceeds supply. Changes to auction regulations in this state over the past five years have improved the transparency of the process, both for purchasers and vendors.
There are certain types of property that should always be sold by auction to achieve the most favourable result. Your agent can advise you on the best selling method for your property.
Benefits of selling by auction
* A sale at auction is always unconditional
Auction profile 2View large video