Auction Results | Melbourne Property Sales Results 02/04/17

Melbourne Property Sales Results

For Saturday 1 and Sunday 2 April 2017

  • A clearance rate of 81 per cent was recorded this week compared to 80 per cent last week and 70 per cent this week last year. There were 884 auctions reported to the REIV, with 719 selling and 165 being passed in, 62 of those on a vendor bid. Melbourne’s outer west suburbs have experienced significant increases in auction activity, with Hoppers Crossing and Werribee doubling their sales figures when compared to the same period last year. 

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The Detail

  • 586 Sold at Auction
  • 133 Sold before Auction
  • 0 Sold after auction
  • 165 Passed In
  • 62 Passed in on Vendor bid
  • 7 Withdrawn
  • 6 Postponed
  • 193 No result
  • 84% Clearance Rate(Houses)
  • 77% Clearance Rate (Units/Apts)
  • 719 Total Auction Volume ($M)

Private Sales

  • 396 Private Sales
  • 272 Total Private Sale Volume ($M)

Sales Highlights

Top House Sales

  • 31 Mangarra Rd CANTERBURY $5,810,000
  • 138 Powlett St EAST MELBOURNE $4,150,000
  • 33 Dunstan St CLAYTON $4,000,000
  • 18 Creswick St GLEN IRIS $3,730,000
  • 2A Robinson St MALVERN $3,420,000

Top Apartment Sales

  • 16B Comer St BRIGHTON EAST $2,350,000
  • 6/117 Rouse St PORT MELBOURNE $2,090,000
  • 1/62 Mathoura Rd TOORAK $1,850,000
  • 29 Downshire Rd ELSTERNWICK $1,683,000
  • 61A Victory Blvd ASHBURTON $1,610,000

Bargain House Sales

  • 547 Thompson Rd NORLANE $255,000
  • 8 Hallmark Pl KURUNJANG $297,000
  • 18 Seaforth St NORTH SHORE $327,000
  • 16 Seaforth St NORTH SHORE $335,000
  • 18 Lismore St DALLAS $338,000

Bargain Apartment Sales

  • 6/44 Alexandra St ST KILDA EAST $295,000
  • 9/80 Woornack Rd CARNEGIE $295,000
  • 3/2-4 Elizabeth St BRAYBROOK $305,000
  • 4/10 Highbury Gr PRAHRAN $311,000
  • 609/118 Dudley St WEST MELBOURNE $315,000

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Source: RBA

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