Strong re­sults

The Riverine Herald - Local Real Estate - - LOCALREALESTATE.COM.AU -

Strong sales re­sults were seen at Charles L King and Co First National’s multi-auc­tion last Satur­day, ac­cord­ing to man­ag­ing di­rec­tor Gary Wood. Bid­ders at­tended in droves, with seven prop­er­ties sold un­der the ham­mer from 10 auc­tions. An­other was sold af­ter auc­tion. Mr Wood said the re­sults showed the gen­eral real es­tate mar­ket in Echuca-moama was strong in patches. Vic­to­ria’s clear­ance rates at auc­tions in the past five months have been run­ning at about 58 per cent, but the Echuca Charles L King and Co First National firm auc­tion re­sults had been run­ning at 93 per cent, which was slightly higher than last year, Mr Wood said.

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