Melbourne Property Sales Results

For Saturday 5 and 6 of November 2016

A clearance rate of 79 per cent was recorded this weekend compared to 78 per cent last weekend and 69 per cent this weekend last year. There were 721 auctions reported to the REIV, with 568 selling and 153 being passed in, 68 of those on a vendor bid. The 2016 clearance rate has reached 75 per cent, due to high levels of auction sales in the last two months.

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The Detail

462 Sold at Auction
105 Sold before Auction
1 Sold after auction
153 Passed In
68 Passed in on Vendor bid
7 Withdrawn
15 Postponed
137 No result
82% Clearance Rate(Houses)
74% Clearance Rate (Units/Apts)
463 Total Auction Volume ($M)

Private Sales

286 Private Sales
191 Total Private Sale Volume ($M)

Sales Highlights

Top House Sales

13 Esplanade SEAHOLME $2,888,000
4 Norris St SURREY HILLS $2,860,000
34 Yeovil Rd GLEN IRIS $2,850,000
5 Margaret St CANTERBURY $2,620,000
48 Kenmare St MONT ALBERT $2,588,000

Top Apartment Sales

30A Camp St CHELSEA $2,050,000
1/1 Thornton Av SURREY HILLS $1,453,000
58 Station Rd SEDDON $1,330,000
303/315 Beaconsfield Pde ST KILDA WEST $1,300,000
10B Alexander St BENTLEIGH EAST $1,280,000

Bargain House Sales

43 Bernard Dr MELTON SOUTH $272,500
34 Wingarra Dr GROVEDALE $342,500
19A Sycamore St HOPPERS CROSSING $344,000
71 Muirfield Dr SUNBURY $350,000
25 Kiewa Cr DALLAS $354,000

Bargain Apartment Sales

10/3 Dalgety St ST KILDA $230,000
9/5 Shirley Gr ST KILDA EAST $265,000
6/38 Moonya Rd CARNEGIE $280,000
43/200 Melrose Dr TULLAMARINE $291,500
11/140 Riversdale Rd HAWTHORN $292,000

Source : REIV

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