Auction Results | Melbourne Property Sales Results 09/04/17

Melbourne property Sales Results

For Saturday 8 and Sunday 9 April 2017

A clearance rate of 81 per cent was recorded this week compared to 80 per cent last week and 73 per cent this week last year. There were 1121 auctions reported to the REIV, with 913 selling and 208 being passed in, 90 of those on a vendor bid. More than 8,500 homes have gone to auction this year with 80 per cent selling under the hammer. The city’s outer suburbs now account for 25 per cent of all metropolitan auctions.

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The Detail

  • 741 Sold at Auction
  • 166 Sold before Auction
  • 6 Sold after auction
  • 208 Passed In
  • 90 Passed in on Vendor bid
  • 13 Withdrawn
  • 18 Postponed
  • 273 No result
  • 85% Clearance Rate(Houses)
  • 75% Clearance Rate (Units/Apts)
  • 823 Total Auction Volume ($M)

Private Sales

  • 363 Private Sales
  • 270 Total Private Sale Volume ($M)

Sales Highlights

Top House Sales

  • 206 Page St MIDDLE PARK $6,985,000
  • 24 North Rd BRIGHTON $4,225,000
  • 24 Kerferd St MALVERN EAST $3,200,000
  • 39 Thoresby Gr IVANHOE $3,020,000
  • 12-14 John Rowell La MORNINGTON $2,945,000

Top Apartment Sales

  • 1/2 Drummond St CARLTON $1,520,000
  • 8/20 Yuille St BRIGHTON $1,500,000
  • 1002/480 Riversdale Rd HAWTHORN EAST $1,462,000
  • 41B Northam Rd BENTLEIGH EAST $1,350,000
  • 29 Bell St FITZROY $1,350,000

Bargain House Sales

  • 205 Separation St BELL PARK $306,000
  • 27 Valewood Dr WYNDHAM VALE $350,000
  • 5 Carol Ct NEWCOMB $358,500
  • 1 Banjo Cl WOLLERT $360,000
  • 13 Crossdale Green CRAIGIEBURN $371,000

Bargain Apartment Sales

  • 7/696 Waverley Rd MALVERN EAST $267,500
  • 12/194 Neerim Rd CARNEGIE $285,000
  • 12/17-19 Lambert St RICHMOND $295,000
  • 8/54 Narong Rd CAULFIELD NORTH $305,000
  • 3/9 Poplar Gr CARNEGIE $305,000

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Source: REIV

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