Melbourne Property Sales Results
For Saturday 11 and Sunday 12 February 2017
A clearance rate of 81 per cent was recorded this week compared to 78 per cent last week and 74 per cent this week last year. There were 444 auctions reported to the REIV, with 361 selling and 83 being passed in, 30 of those on a vendor bid. Melbourne’s outer suburbs – including Epping and Hoppers Crossing – have experienced solid auction volumes in the past fortnight, as the 2017 auction market gets underway.
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The Detail
- 294 Sold at Auction
- 67 Sold before Auction
- 0 Sold after auction
- 83 Passed In
- 30 Passed in on Vendor bid
- 5 Withdrawn
- 13 Postponed
- 88 No result
- 82% Clearance Rate(Houses)
- 81% Clearance Rate (Units/Apts)
- 275 Total Auction Volume ($M)
Private Sales
- 329 Private Sales
- 204 Total Private Sale Volume ($M)
Sales Highlights
Top House Sales
- 40 Kinnoull Gr GLEN WAVERLEY $2,880,000
- 28 Maysia St CANTERBURY $2,300,000
- 1 Foch St ORMOND $1,922,000
- 200 South Rd BRIGHTON EAST $1,920,000
- 7 Cloris Av BEAUMARIS $1,910,000
Top Apartment Sales
- 12B Chalmers St MCKINNON $1,518,000
- 66/15 Beach Rd HAMPTON $1,425,000
- 2/7A Collinst St MENTONE $1,360,000
- 3/22 Winbourne Rd MOUNT WAVERLEY $1,305,000
- 15A Lothian St NORTH MELBOURNE $1,300,000
Bargain House Sales
- 18 Tennyson St NORLANE $255,000
- 71 Nicholson Cr BELL PARK $280,000
- 35 Portland St NORLANE $287,500
- 1 Allowah Ct NORLANE $289,000
- 58 Littlewood Dr FYANSFORD $290,000
Bargain Apartment Sales
- 8/21 Hampton Pde WEST FOOTSCRAY $241,000
- 1/18A Bloomfield Rd ASCOT VALE $275,000
- 4/1B Melville Rd BRUNSWICK WEST $326,000
- 6/6 Joseph Dr HILLSIDE $327,500
- 4/70 Chute St MORDIALLOC $332,500
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Source : REIV