Auction Results | Melbourne Property Sales Results 13/08/17

Melbourne Property Sales Results

For Saturday 12 and Sunday 13 August 2017

A clearance rate of 73 per cent was recorded this week compared to 76 per cent last week and 79 per cent this week last year. There were 751 auctions reported to the REIV, with 547 selling and 204 being passed in, 109 of those on a vendor bid. Victoria has recorded its highest ever auction volumes for the first week of August, with 795 homes going under the hammer last week.

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The Detail

  • 462 Sold at Auction
  • 83 Sold before Auction
  • 2 Sold after auction
  • 204 Passed In
  • 109 Passed in on Vendor bid
  • 11 Withdrawn
  • 13 Postponed
  • 130 No result
  • 74% Clearance Rate(Houses)
  • 70% Clearance Rate (Units/Apts)
  • 562 Total Auction Volume ($M)

Private Sales

  • 288 Private Sales
  • 187 Total Private Sale Volume ($M)

 

Sales Highlights

Top House Sales

  • 80 Ross St PORT MELBOURNE $4,750,000
  • 8 Linden Ct PRAHRAN $4,200,000
  • 20 Coonil Cr MALVERN $4,050,000
  • 43 Rowland St KEW $4,050,000
  • 173 Nelson Rd SOUTH MELBOURNE $3,825,000

Top Apartment Sales

  • 3/716 Orrong Rd TOORAK $1,860,000
  • 239B Tucker Rd MCKINNON $1,800,800
  • 7/132 Yarrbat Av BALWYN $1,785,000
  • 1/5 Leonard St BALWYN $1,680,000
  • 1/50 Valiant St ABBOTSFORD $1,525,000

Bargain House Sales

  • 171 Separation St BELL PARK $285,000
  • 4/13 Glen Valley Rd FOREST HILL $360,000
  • 4 Yarramundi Dr CLIFTON SPRINGS $360,000
  • 4 Helmer Cr THOMSON $392,500
  • 3 Dundas St HERNE HILL $400,000

Bargain Apartment Sales

  • 22/72 Bay Rd SANDRINGHAM $210,000
  • 2/566 Pascoe Vale Rd PASCOE VALE $257,500
  • 4/566 Pascoe Vale Rd PASCOE VALE $257,500
  • 3/40 Egan St RICHMOND $305,000
  • 1/72 Pine St RESERVOIR $325,000

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Source: REIV

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