Melbourne Property Sales Results

for Saturday 6th and Sunday 7th August 2016

A clearance rate of 77 per cent was recorded this weekend compared to 77 per cent last weekend and 77 per cent this weekend last year. There were 573 auctions reported to the REIV, with 441 selling and 132 being passed in, 60 of those on a vendor bid. Eight suburbs have doubled their auction sales in 2016, led by Rosebud West, which recorded an 82 per cent clearance rate from 23 sales so far this year.

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The Detail

389 Sold at Auction
50 Sold before Auction
2 Sold after auction
132 Passed In
60 Passed in on Vendor bid
7 Withdrawn
9 Postponed
81 No result
80% Clearance Rate(Houses)
71% Clearance Rate (Units/Apts)
407 Total Auction Volume ($M)

Private Sales

315 Private Sales
171 Total Private Sale Volume ($M)

Sales Highlights

Top House Sales

9 Victoria Av CANTERBURY $4,110,000
8 Moonbria Av KEW $3,825,000
61-63 Streeton Cr IVANHOE EAST $3,350,000
1A Mair St BRIGHTON $2,600,000
10 Hazeldine Rd GLEN IRIS $2,538,000

Top Apartment Sales

8 Stanley St BLACK ROCK $1,770,000
49A Seventh St PARKDALE $1,450,000
12B Coates St BENTLEIGH $1,435,000
2/382 Glen Eira Rd CAULFIELD $1,435,000
7A Melva St BENTLEIGH EAST $1,370,000

Bargain House Sales

2 Fisher Pl KURUNJANG $250,500
36 Cootamundra Av ROSEBUD WEST $334,000
16 Downs Rd SEAFORD $350,500
43 Guinane Av HOPPERS CROSSING $356,000
6 Marcella Pl CARRUM DOWNS $365,000

Bargain Apartment Sales

3/239 Canterbury Rd ST KILDA $211,000
3/49 Potter St DANDENONG $220,000
106/80A Speakmen St KENSINGTON $312,000
12/7-9 Westbank Tce RICHMOND $319,000
1/78 Railway Rd CARNEGIE $330,000

Source: REIV

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