Melbourne Property Sales Results

for Saturday 11th and Sunday 12th June 2016

Market Wrap

A clearance rate of 67 per cent was recorded this weekend compared to 75 per cent last weekend and 79 per cent this weekend last year. There were 237 auctions reported to the REIV, with 159 selling and 78 being passed in, 33 of those on a vendor bid. The top clearance rate suburbs in May were Yarraville, Caulfield South and Pascoe Vale. More than nine in 10 homes sold at auction last month in these suburbs.

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The Detail

125 Sold at Auction
34 Sold before Auction
78 Passed In
5 Withdrawn
0 Sold after auction
33 Passed in on Vendor bid
11 Postponed

Sales Highlights

Top House Sales

35 Seacombe Gr BRIGHTON $5,000,000
199 George St EAST MELBOURNE $3,000,000
310 Hampton St HAMPTON $2,600,000
3 Randolph St HAWTHORN $2,065,000
15 Avondale Gr MOUNT WAVERLEY $2,065,000

Top Apartment Sales

1/284 Dorcas St SOUTH MELBOURNE $1,505,000
4A Gatehouse La ALBERT PARK $1,370,000
1/24 Crete Av ASHBURTON $1,340,000
1/13 The Ridge GLEN WAVERLEY $900,100
78A Railway Pde CHADSTONE $812,000

Bargain House Sales

87 Plume St NORLANE $231,500
48 Ballan Rd WERRIBEE $307,000
38 Bungower Rd MORNINGTON $330,000
14 Sunningdale Rd ROSEBUD $335,000
23 Centaurus Av ROXBURGH PARK $339,600

Bargain Apartment Sales

1/7 Glenmore St BOX HILL $288,000
2/21 Pittosporum Gr DOVETON $330,000
5/24 Agnes St NOBLE PARK $360,000
1/24 Devilliers St DANDENONG $383,000
2 Hibiscus Way KEYSBOROUGH $396,000

Source: REIV

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