Melbourne Property Sales Results

for Saturday 30 April and Sunday 1 May 2016

Enzo Raimondo's Market Wrap

A clearance rate of 76 per cent was recorded this weekend compared to 75 per cent last weekend and 79 per cent this weekend last year. There were 1137 auctions reported to the REIV, with 869 selling and 268 being passed in, 126 of those on a vendor bid. The clearance rate for the month of April is 78 per cent, up seven per cent on the same period last year. Mount Waverley and Glen Waverley lead the auction sales in April with 27 and 26 sales respectively.

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The Detail

711 Sold at Auction
155 Sold before Auction
268 Passed In
12 Withdrawn
3 Sold after auction
126 Passed in on Vendor bid
17 Postponed

Sales Highlights

Top House Sales
16 Barnsbury Rd BALWYN $6,360,000
32 Wentworth Av CANTERBURY $3,510,000
205 George St EAST MELBOURNE $3,505,000
54 Nepean Hwy ASPENDALE $3,500,000
741 Point Nepean Rd ROSEBUD $2,825,000

Top Apartment Sales

2/21 Birdwood Av BRIGHTON $4,290,000
1/343-345 Glenferrie Rd MALVERN $1,840,000
59A Marine Pde ELWOOD $1,700,000
8 Denton St BRIGHTON EAST $1,660,000
8 Pin Oak Ct CANTERBURY $1,603,000

Bargain House Sales

41 Axminster Dr CRAIGIEBURN $315,000
23 Swinburne Cl CRAIGIEBURN $330,000
110 Vines Rd HAMLYN HEIGHTS $332,500
8 Myrtle Gr DOVETON $335,000
17 Jenolan Av GROVEDALE $335,000

Bargain Apartment Sales

19/132 Rupert St WEST FOOTSCRAY $202,000
13/52 Sargood St ALTONA $260,000
2/20 Fitzgerald Rd ESSENDON $265,000
1/40 Pyalong Cr DALLAS $282,000
A204/80 Speakmen St KENSINGTON $290,000

Source: REIV

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