Melbourne Property Sales Results
for Saturday 12th and Sunday 13th September 2015
A clearance rate of 75 per cent was recorded this weekend compared to 75 per cent last weekend and 73 per cent this weekend last year.
There were 1007 auctions reported to the REIV this weekend, with 759 selling and 248 being passed in, 92 of those on a vendor bid.
There have been 25,800 auctions held in the year to date – the highest on record for any given year.
Sales volumes have also been the highest on record, with an estimated 84,000 sales transacted so far this year.
ENZO RAIMONDO
CEO REIV
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S Sold at Auction: 632
SB Sold before Auction: 127
SA Sold after Auction: 0
Passed in: 248
Passed in on vendor's bid: 92
Clearance rate: 75%
TOTAL AUCTIONS
This week: 1007
This weekend last month: 960
This weekend last year: 941
CLEARANCE RATES:
This weekend: 75%
This weekend last month: 77%
This weekend last year: 73%
Postponed: 15
Withdrawn: 10
Auctions with no result: 108
PS Private Sales: 381
Total Volume (Auctions): $714.73mil
Total Volume (Private Sales): $215.27mil
Total Auctions Houses: 679
Clearance Rate: 78%
Median Price: $963,500
Total Value: $563,092,310
Total Auctions Flats/Apartments: 306
Clearance Rate: 71%
Median Price: $600,000
Total Value: $141,372,988
Total Auctions Vacant Land: 17
Clearance Rate: 65%
Median Price: $453,000
Total Value: $5,363,500
TOP 5 HOUSES
1. 32 Heyington Place, Toorak $4,605,000
2. 30 Campbell Street, Kew $4,210,000
3. 5 & 7 Braeside Avenue, Camberwell $3,836,000
4. 4 Walnut Road, Balwyn North $3,570,000
5. 1 Barkly Street, Brunswick East $3,400,000
TOP 5 BARGAIN HOUSES
1. 2421 Warburton Highway, Yarra Junction $273,000
2. 21 Lakeside Drive, Roxburgh Park $285,000
3. 42 Dianne Avenue, Craigieburn $290,000
4. 21 Candle Bark Crescent, Frankston North $293,000
5. 40 Tattler Street, Carrum Downs $330,000
TOP 5 APARTMENTS
1. 36 Black Street, Brighton $2,120,000
2. 13/17 Marshall Avenue, Kew $1,850,000
3. 4/11 Wilson Grove, Aspendale $1,580,000
4. 30 Central Avenue, Black Rock $1,540,000
5. 1 Melville Lane, Brighton $1,380,000
TOP 5 BARGAIN APARTMENTS
1. 12/69-71 Delhi Court, Travancore $263,000
2. 3/3 Edna Street, Thomastown $276,000
3. `/169-173 Keele Street, Collingwood $290,000
4. 17/83 Rufus Street, Epping $296,100
5. 6/2D Cunningham Street, Northcote $315,000
Source: REIV
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