On location and online. Partner with Australia’s most respected independent auctioneer, Marie Norton at Verve Auctions.

VICTORIA’S AUCTION INDEX

Market performance and benchmarks.

Real-time auction statistics and trends about current market conditions to keep you abreast of market trends and opportunities.

Period	May 2025	May 2024
Total auction volume	283	273
Clearance rate %	64%	70%
Sold over reserve %	81%	75%
Average over reserve $	$76,825	$23,047
Sold prior %	25%	34%
Average price $	$2,839,413	$2,777,274
Value sold under the hammer $	$318,496,951	$212,908,387
Average no. of registered bidders	4	3.6
Average no. of bids	18	11
Opened with Vendor Bid %	10%	18%

TALK TO MARIE

So you think auctions don't work in your area?

If you're thinking about doing more auctions but aren't convinced auctions are a viable option in your area, our team of professionals. will be happy to show how you can effectively outperform other sales methods in any market condition. Talk to us today.

Why auction? Do auctions fit with your local market?

Marie Norton can show you how auctions can consistently outperform other sales strategies, in all market conditions. Talk to Marie today.

Take the first step today.

You’re ready to get started, but you’ve got a few queries. How will Marie Norton support your agency? Will we work together on-site or online? What are the costs involved? We’re here to answer all that and more. Talk to Marie today.