Melbourne Property Sales Results
For Saturday 12 and Sunday 13 November 2016
A clearance rate of 77 per cent was recorded this week compared to 78 per cent last week and 70 per cent this week last year. There were 990 auctions reported to the REIV, with 760 selling and 230 being passed in, 93 of those on a vendor bid. The number of auctions has increased significantly in the past month with, on average, about 1,000 auctions a week since early October.
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The Detail
- 630 Sold at Auction
- 128 Sold before Auction
- 2 Sold after auction
- 230 Passed In
- 93 Passed in on Vendor bid
- 13 Withdrawn
- 9 Postponed
- 198 No result
- 80% Clearance Rate(Houses)
- 71% Clearance Rate (Units/Apts)
- 739 Total Auction Volume ($M)
Private Sales
- 297 Private Sales
- 206 Total Private Sale Volume ($M)
Sales Highlights
Top House Sales
- 12 St Georges Rd TOORAK $9,020,000
- 18 Avoca St SOUTH YARRA $5,700,000
- 23 Grange Rd KEW $4,850,000
- 5 Tiuna Gr ELWOOD $3,572,000
- 65 Linacre Rd HAMPTON $3,470,000
Top Apartment Sales
- 16 Berwick St BRIGHTON $3,000,000
- 23 Camperdown St BRIGHTON EAST $2,570,000
- 303 Canterbury Rd ST KILDA WEST $1,820,000
- 1/12-14 Auburn Rd HAWTHORN $1,712,500
- 9/12-14 Auburn Rd HAWTHORN $1,580,000
Bargain House Sales
- 21 North Shore Rd NORLANE $200,000
- 58 Camellia Cr NORLANE $237,000
- 26 Lombard St ROXBURGH PARK $365,000
- 8 Gorae Ct WESTMEADOWS $377,500
- 72 Judkins Av HOPPERS CROSSING $390,000
Bargain Apartment Sales
- 719/268 Flinders St MELBOURNE $161,000
- 9/11 Currajong St GLENROY $250,000
- 2/30 Banksia Gr TULLAMARINE $250,000
- 7/100 Claremont Av MALVERN $275,000
- 3/6-10 Farnham Ct FLEMINGTON $280,000
Source: REIV
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