Melbourne Property Sales Results

for Saturday 9th and Sunday 10th July 2016

Market Wrap

A clearance rate of 77 per cent was recorded this weekend compared to 70 per cent last weekend and 74 per cent this weekend last year. There were 469 auctions reported to the REIV, with 362 selling and 107 being passed in, 48 of those on a vendor bid. Caulfield North recorded the highest clearance rate in Melbourne in June (100 per cent), followed by Greensborough with a clearance rate of 95 per cent.

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The Detail

291 Sold at Auction
71 Sold before Auction
107 Passed In
16 Withdrawn
0 Sold after auction
48 Passed in on Vendor bid
13 Postponed

Sales Highlights

Top House Sales

12 Glen Huntly Rd ELWOOD $2,465,000
245 Heidelberg Rd NORTHCOTE $2,265,000
237 Jasper Rd MCKINNON $2,040,000
68 Spencer St ESSENDON $2,000,500
14 Durham St RICHMOND $1,900,200

Top Apartment Sales

2/8 Quentin Rd MALVERN EAST $1,231,000
2/245 Alma Rd ST KILDA EAST $1,180,000
2B Carmody St BURWOOD $1,150,000
8/54 Sackville St KEW $1,000,000
3/33 Riversdale Rd HAWTHORN $1,000,000

Bargain House Sales

5 Sages Rd BAXTER $332,000
10/80 Potts Rd LANGWARRIN $335,000
66 Marlborough Cr HOPPERS CROSSING $355,000
50 Southgateway LANGWARRIN $361,000
13 Fortune Av LILYDALE $370,000

Bargain Apartment Sales

15/39 Murray St BRUNSWICK WEST $240,000
2/11 Aberdeen St BRUNSWICK $271,000
5/10 Tootles Ct HOPPERS CROSSING $308,000
7/99 Smith St THORNBURY $320,000
1/77 Middle St HADFIELD $325,000

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Source: REIV

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