Melbourne Property Sales Results
For Saturday 5 and Sunday 6 August 2017
A clearance rate of 77 per cent was recorded this week compared to 76 per cent last week and 76 per cent this week last year. There were 682 auctions reported to the REIV, with 523 selling and 159 being passed in, 79 of those on a vendor bid. In metropolitan Melbourne, more than 2,400 homes sold under the hammer in July – breaking an 18-year-old record.
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The Detail
- 431 Sold at Auction
- 73 Sold before Auction
- 19 Sold after auction
- 159 Passed In
- 79 Passed in on Vendor bid
- 8 Withdrawn
- 11 Postponed
- 131 No result
- 77% Clearance Rate(Houses)
- 77% Clearance Rate (Units/Apts)
- 506 Total Auction Volume ($M)
Private Sales
- 307 Private Sales
- 180 Total Private Sale Volume ($M)
Sales Highlights
Top House Sales
- 24 Herbert St ALBERT PARK $5,000,000
- 708 Nepean Hwy CARRUM $3,700,000
- 46 Imbros St HAMPTON $3,325,000
- 25 Gladstone Pde ELSTERNWICK $3,220,000
- 20 Sussex St BRIGHTON $3,100,000
Top Apartment Sales
- 76 Chesterville Rd CHELTENHAM $3,000,000
- 7/136 Yarrbat Av BALWYN $1,851,000
- 6/1 Muir St HAWTHORN $1,715,000
- 1/129 Kilby Rd KEW EAST $1,665,000
- 1/67 Bayview Cr BLACK ROCK $1,650,000
Bargain House Sales
- 2 Washington St CORIO $324,000
- 18 Griffith St GROVEDALE $340,000
- 8 Hurley St MELTON $350,000
- 26 Fellmongers Rd BREAKWATER $363,000
- 1/50 Railway Cr BROADMEADOWS $371,000
Bargain Apartment Sales
- 41/21-29 Trickey Av SYDENHAM $320,000
- 1/3 Guthrie St BRUNSWICK WEST $335,000
- 305/401 Hampshire Rd SUNSHINE $350,000
- 9/12 Oxford St BOX HILL $355,000
- 1711/22 Dorcas St SOUTHBANK $359,000
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Source: REIV
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