Melbourne spring auctions: Homes doors apart selling within hours

Melbourne’s first major spring auction Saturday will feature 632 auctions, 40 per cent fewer than a year ago, while some streets give buyers several chances to strike within hours. Melbourne’s first big spring auction Saturday is handing buyers an unusual advantage, with rival homes going under the hammer metres and minutes apart. REA Group data shows 632 Melbourne auctions are scheduled this week, 40 per cent fewer than a year ago, as the city enters spring with constrained stock. But in a series of streets across the city, househunters will face the opposite situation: several competing homes offering multiple chances to buy within hours. RELATED: Percy’s $2m Blues haunt hits market mid-finals Newlyweds’ brutal $200k battle for Surrey Hills Ousting Vic government ‘catalyst’ to save home prices At Avondale Heights, two three-bedroom houses four doors apart sit on near-identical blocks, but their advertised guides are about $185,000 apart. At Cheltenham, three Jean St homes are scheduled to go under the hammer within an hour, at 11am, 11.30am and noon. Two properties at 6 Davey St, Boronia, are both scheduled for 3pm, while two Kenmare St homes at Mont Albert face auction an hour a...