Melbourne Property Sales Results
For Saturday 1 and Sunday 2 July 2017
A clearance rate of 74 per cent was recorded this week compared to 72 per cent last week and 70 per cent this week last year. There were 619 auctions reported to the REIV, with 459 selling and 160 being passed in, 78 of those on a vendor bid. Auction volumes last month were the highest in seven years with almost 3,200 homes going under the hammer. Reservoir and Craigieburn were top performers with 52 and 44 auctions respectively.
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The Detail
- 392 Sold at Auction
- 67 Sold before Auction
- 0 Sold after auction
- 160 Passed In
- 78 Passed in on Vendor bid
- 6 Withdrawn
- 9 Postponed
- 152 No result
- 77% Clearance Rate(Houses)
- 69% Clearance Rate (Units/Apts)
- 389 Total Auction Volume ($M)
Private Sales
- 287 Private Sales
- 221 Total Private Sale Volume ($M)
Sales Highlights
Top House Sales
- 52 Adelaide St ARMADALE $5,200,000
- 24-26 Story St PARKVILLE $3,395,000
- 25B Kenmare St MONT ALBERT NORTH $3,285,000
- 160 Were St BRIGHTON $3,250,000
- 63 Liddiard St HAWTHORN $2,900,000
Top Apartment Sales
- 18 Centre Rd BRIGHTON EAST $1,731,000
- 67 Ross St PORT MELBOURNE $1,665,000
- 6/156 Bay St PORT MELBOURNE $1,631,000
- 15A Wild Cherry Rd ORMOND $1,618,000
- 16A Mortimore St BENTLEIGH $1,585,000
Bargain House Sales
- 161 Sparks Rd NORLANE $296,000
- 38 Gretel Gr MELTON $320,000
- 2 Daley Ct BROOKFIELD $352,000
- lot 23/656 O'Connors Rd WERRIBEE SOUTH $355,000
- 19 Sutherland Av MELTON SOUTH $365,000
Bargain Apartment Sales
- 52/21-29 Trickey Av SYDENHAM $255,000
- 10/30 Richardson St ESSENDON $291,000
- 9/9 Eldridge St FOOTSCRAY $308,000
- 10/26 Ashley St RESERVOIR $309,000
- 9/44 Fletcher St ESSENDON $310,000
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Source: REIV
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