Melbourne Property Sales Results
For Saturday 11 and Sunday 12 March 2017
A clearance rate of 82 per cent was recorded this weekend compared to 79 per cent last weekend and 69 per cent this weekend last year. There were 232 auctions reported to the REIV, with 190 selling and 42 being passed in, 18 of those on a vendor bid. Auctions continue to gain popularity in the city’s outer suburbs with 25 per cent more homes selling under the hammer in 2017, compared to the same period last year.
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The Detail
- 150 Sold at Auction
- 40 Sold before Auction
- 0 Sold after auction
- 42 Passed In
- 18 Passed in on Vendor bid
- 5 Withdrawn
- 8 Postponed
- 80 No result
- 87% Clearance Rate(Houses)
- n/a Clearance Rate (Units/Apts)
- 174 Total Auction Volume ($M)
Private Sales
- 361 Private Sales
- 233 Total Private Sale Volume ($M)
Sales Highlights
Top House Sales
- 7 Monomeath Av TOORAK $3,850,000
- 157-163 Ocean Beach Rd SORRENTO $3,710,000
- 18 Carlyle St HAWTHORN EAST $3,050,000
- 13 Alister St FITZROY NORTH $2,875,000
- 967 Drummond St CARLTON NORTH $2,718,000
Top Apartment Sales
- 77B Stockdale Av BENTLEIGH EAST $1,235,000
- 1/19 Percy St NEWPORT $1,050,000
- 27A Creek Rd MITCHAM $1,015,000
- 2/27 Portsmouth St MOUNT WAVERLEY $876,000
- 1/6 Tullius Av OAKLEIGH EAST $850,000
Bargain House Sales
- 37 Mitchell Rd MELTON SOUTH $237,000
- 39 Palmerston St MELTON $313,000
- 4 Troups Rd ROCKBANK $340,500
- 33 Deakin St BELL PARK $357,000
- 23 Millewa Way WYNDHAM VALE $365,000
Bargain Apartment Sales
- 1/11 David St LALOR $295,000
- 3/5 Falmer Pl CRAIGIEBURN $315,000
- 1/45 Woolton Av THORNBURY $345,000
- 3/13 Stapley Cr ALTONA NORTH $350,000
- 12/80 Potts Rd LANGWARRIN $389,000
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Source: REIV
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