Melbourne Property Sales Results
For Saturday 4 and Sunday 5 February 2017
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A clearance rate of 79 per cent was recorded between 19 December 2016 and 5 February 2017. There were 421 auctions reported to the REIV, with 333 selling and 88 being passed in, 39 of those on a vendor bid. Due to this being our first week of publication for 2017, this week’s results include results from the 19/12/2016 through to today. The auction activity is increasing throughout this month with more than 1,400 auctions due to be held in the last week of February.
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The Detail
- 272 Sold at Auction
- 55 Sold before Auction
- 6 Sold after auction
- 88 Passed In
- 39 Passed in on Vendor bid
- 8 Withdrawn
- 8 Postponed
- 122 No result
- 82% Clearance Rate(Houses)
- n/a Clearance Rate (Units/Apts)
- 241 Total Auction Volume ($M)
Private Sales
- 1428 Private Sales
- 926 Total Private Sale Volume ($M)
Sales Highlights
Top House Sales
- 5 Spindrift Av FLINDERS $6,400,000
- 6 Epping St MALVERN EAST $2,605,000
- 2/110 Kooyong Rd ARMADALE $2,450,000
- 140 Canterbury Rd CANTERBURY $2,300,000
- 25 Were St BRIGHTON $2,300,000
Top Apartment Sales
- 4 Wilton Gr ELWOOD $1,395,000
- 11A Mortimore St BENTLEIGH $1,222,500
- 11/156 Rose St FITZROY $1,210,000
- 19/38 Brighton Rd BALACLAVA $1,152,000
- 1/5 Beaver St OCEAN GROVE $1,010,000
Bargain House Sales
- 130 Rokewood Cr MEADOW HEIGHTS $257,500
- 12 Ellam Ct MEADOW HEIGHTS $290,000
- 40 Vibrandia Way TRUGANINA $328,000
- 70A Pearcedale Rd PEARCEDALE $338,000
- 51 Stevenage Cr DEER PARK $340,000
Bargain Apartment Sales
- 225/40 Watt St LARA $160,000
- 2/3 Eldridge St FOOTSCRAY $216,000
- 9/438 Morris Rd TRUGANINA $285,000
- 274 Yarra St SOUTH GEELONG $290,000
- 9/275 Burnley St RICHMOND $312,000
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Sourc : REIV
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