Melbourne Property Sales Results
For Saturday 8 and Sunday 9 July 2017
A clearance rate of 77 per cent was recorded this week compared to 73 per cent last week and 74 per cent this week last year. There were 590 auctions reported to the REIV, with 457 selling and 133 being passed in, 60 of those on a vendor bid. A 15-year-old record fell last month with more than 2,420 homes selling under the hammer. The previous record for auction sales in June was set in 2002 when 2,402 homes sold.
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The Detail
- 389 Sold at Auction
- 68 Sold before Auction
- 0 Sold after auction
- 133 Passed In
- 60 Passed in on Vendor bid
- 13 Withdrawn
- 6 Postponed
- 126 No result
- 78% Clearance Rate(Houses)
- 75% Clearance Rate (Units/Apts)
- 350 Total Auction Volume ($M)
Private Sales
- 297 Private Sales
- 214 Total Private Sale Volume ($M)
Sales Highlights
Top House Sales
- 16 Greig St ALBERT PARK $3,560,000
- 112 Wattle Valley Rd CAMBERWELL $2,300,000
- 43 Rose St BOX HILL $2,285,000
- 1/168 Beach Rd PARKDALE $2,185,000
- 9 Albert Jones Ct EAGLEMONT $2,120,000
Top Apartment Sales
- 1 Reilly Pl SOUTH MELBOURNE $1,720,000
- 9A Montgomery St MORDIALLOC $1,627,000
- 2/9 Mummery St MOUNT WAVERLEY $1,375,000
- 1/53 Leila Rd ORMOND $1,282,000
- 1/108 Truganini Rd CARNEGIE $1,250,000
Bargain House Sales
- 13 Portland St NORLANE $307,000
- 24 Daleglen St RESERVOIR $351,000
- 18 Ferry Cl WYNDHAM VALE $360,000
- 22 Bittern St MELTON $373,500
- 48 Walsh St BROADMEADOWS $386,000
Bargain Apartment Sales
- 3/10 Mackey St LALOR $252,000
- 1/33 Staughton St MELTON SOUTH $285,500
- 503/25 Wills St MELBOURNE $320,000
- 2/50 Lillimur Rd ORMOND $327,000
- 21/54 Balston St ST KILDA EAST $328,500
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Source: REIV
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