Auction Results | Melbourne Property Sales Results 08/07/13

Melbourne Property Sales Results

for Sat 6th & Sun 7th July 2013 

Saturday 6th & Sunday 7th July 2013

A clearance rate of 71 per cent was recorded today compared to 70 per cent last weekend and 58 per cent this weekend last year.

There were 344 auctions reported to the REIV this weekend, with 243 selling and 101 being passed 56 of those on a vendor bid.

Next weekend the REIV expects around 360 auctions.

S Sold at Auction: 180SB Sold before Auction: 62

SA Sold after Auction: 1

Passed in: 101

Passed in on vendor's bid: 56

Clearance rate: 71%

TOTAL AUCTIONS

This week: 344

Yesterday: 6

Last Sunday: 17

This weekend last month: 181

This weekend last year: 470

CLEARANCE RATES: 

Weekend: 71%

Yesterday: 83%

Last Sunday: 82%

This weekend last month: 65%

This weekend last year: 58%

Postponed: 3

Withdrawn: 7

Auctions with no result: 36

PS Private Sales: 507

Total Volume (Auctions): $148.89mil

Total Volume (Private Sales): $236.63mil

Total Auctions Houses: 216

Clearance Rate: 72%

Median Price: $660,000

Total Value: $98,488,188

Total Auctions Flats/Apartments: 126

Clearance Rate: 69%

Median Price: $552,400

Total Value: $50,400,600

Total Auctions Vacant Land: 2

Clearance Rate: 0%

Median Price: $0

Total Value: $0

TOP 5 HOUSES

1. 499 The Boulevard, Ivanhoe East $1,755,000

2. 34 Clyde Street, Surrey Hills $1,620,000

3. 104 Hotham Street, St Kilda East $1,370,000

4. 40 Chatsworth Road, Prahran $1,325,000

5. 6 Godfrey Court, Surrey Hills $1,200,000

TOP 5 BARGAIN HOUSES

1. 183 Blackshaws Road, Newport $172,000

2. 4 Dartnell Close, Crib Point $230,000

3. 541 Barry Road, Dallas $243,000

4. 5 Linga Street, Westmeadows $283,000

5. 46 Dianne Avenue, Craigieburn $297,000

TOP 5 APARTMENTS

1. 3/120 Queens Parade, Fitzroy North $1,450,000

2. 23 Rouse Street, Port Melbourne $1,190,000

3. 197 Bridport , Albert Park $1,185,000

4. 1/46 Bogong Avenue, Glen Waverley $961,000

5. 10 Third Street, Black Rock $837,000

TOP 5 BARGAIN APARTMENTS

1. 16/99 Cowper Street, Footscray $260,000

2. 1/77 Pender Street, Thornbury $270,000

3. 7/61 Eskdale Road, Caulfield North $279,000

4. 3/563 Glenferrie Road, Hawthorn $281,000

5. 7/94 Beach Road, Mentone $300,000

Source:  http://www.reiv.com.au/en/Property-Research