Melbourne Property Sales Results
For Saturday 4 and Sunday 5 March 2017
A clearance rate of 81 per cent was recorded this weekend compared to 81 per cent last weekend and 73 per cent this weekend last year. There were 1063 auctions reported to the REIV, with 856 selling and 207 being passed in, 102 of those on a vendor bid. The summer auction market, from December to February, has delivered the highest number of auction sales on record with almost 5,600 homes sold under the hammer.
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The Detail
- 705 Sold at Auction
- 151 Sold before Auction
- 0 Sold after auction
- 207 Passed In
- 102 Passed in on Vendor bid
- 10 Withdrawn
- 13 Postponed
- 164 No result
- 84% Clearance Rate(Houses)
- 73% Clearance Rate (Units/Apts)
- 877 Total Auction Volume ($M)
Private Sales
- 335 Private Sales
- 205 Total Private Sale Volume ($M)
Sales Highlights
Top House Sales
- 684 Orrong Rd TOORAK $5,500,000
- 45 Victoria St SANDRINGHAM $4,680,000
- 137 Yarrbat Av BALWYN $4,260,000
- 11 Foote St BRIGHTON $4,250,000
- 1-3 Palm Gr BALWYN $4,125,000
Top Apartment Sales
- 1/53 First St BLACK ROCK $2,300,000
- 4/31 Monomeath Av CANTERBURY $2,130,000
- 37B Retreat Rd HAMPTON $2,020,000
- 52 Denman Av GLEN IRIS $1,950,000
- 3/20 Mercer Rd ARMADALE $1,918,000
Bargain House Sales
- 1/228 Widford St BROADMEADOWS $300,000
- 11 Raleighs Rd MELTON $325,000
- 15 Giddings St NORTH GEELONG $336,000
- 68 Jedda St BELL POST HILL $350,500
- 22 St Rafael Pl WHITTLESEA $360,000
Bargain Apartment Sales
- 1/3 Eldridge St FOOTSCRAY $227,000
- 2/26 Heyington Av THOMASTOWN $260,300
- 1/34 Coulstock St EPPING $283,000
- 4/9 Murrumbeena Rd MURRUMBEENA $306,000
- 26/23-25 Robe St ST KILDA $319,000
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Source: REIV
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