Melbourne Property Sales Results
For Saturday 6 and Sunday 7 May 2017
A clearance rate of 79 per cent was recorded this week compared to 82 per cent last week and 72 per cent this week last year. There were 618 auctions reported to the REIV, with 491 selling and 127 being passed in, 60 of those on a vendor bid. Vendors in four suburbs have almost been guaranteed success at auction this year, with clearance rates of 100 per cent recorded in Dingley Village (39 auctions), Tullamarine (21 auctions), East Geelong (16 auctions) and Carrum Downs (15 auctions).
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The Detail
- 415 Sold at Auction
- 76 Sold before Auction
- 0 Sold after auction
- 127 Passed In
- 61 Passed in on Vendor bid
- 13 Withdrawn
- 10 Postponed
- 84 No result
- 80% Clearance Rate(Houses)
- 80% Clearance Rate (Units/Apts)
- 432 Total Auction Volume ($M)
Private Sales
- 328 Private Sales
- 215 Total Private Sale Volume ($M)
Sales Highlights
Top House Sales
- 49 Metung St BALWYN $3,700,000
- 64 The Esplanade CLIFTON HILL $3,680,000
- 12 Golden Gr GLEN WAVERLEY $2,700,000
- 8 Tyrone St CAMBERWELL $2,570,000
- 4 Mandall Av IVANHOE $2,535,000
Top Apartment Sales
- 73A Victoria St WILLIAMSTOWN $2,075,000
- 11A Grandview Av GLEN IRIS $1,715,000
- 4/758 Orrong Rd TOORAK $1,380,000
- 4/47 Essex Rd SURREY HILLS $1,350,000
- 6/38 Chambers St SOUTH YARRA $1,320,000
Bargain House Sales
- 81 Rose Av NORLANE $262,000
- 7 Adina Ct KURUNJANG $335,000
- 12 Acacia Cr MELTON SOUTH $340,000
- 38 Kosta Boda Blvd PAKENHAM $370,000
- 42 Hilton Way MELTON WEST $376,500
Bargain Apartment Sales
- 8/2-12 Baxter Av CHELSEA $273,000
- 5/32 Pearson St BRUNSWICK WEST $305,000
- 6/24-26 Park Cr CAULFIELD NORTH $305,000
- 10/90 Yarralea St ALPHINGTON $320,000
- 7/110 Miller St FITZROY NORTH $330,000
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Source: REIV
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