Melbourne Property Sales Results
For Saturday 13 and Sunday 14 May 2017
A clearance rate of 78 per cent was recorded this week compared to 78 per cent last week and 72 per cent this week last year. There were 872 auctions reported to the REIV, with 684 selling and 188 being passed in, 78 of those on a vendor bid. The Geelong suburb of Belmont is regional Victoria’s top auction suburb this year with 46 sales under the hammer, followed by Torquay with 33 sales.
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The Detail
- 574 Sold at Auction
- 107 Sold before Auction
- 3 Sold after auction
- 188 Passed In
- 78 Passed in on Vendor bid
- 6 Withdrawn
- 7 Postponed
- 175 No result
- 78% Clearance Rate(Houses)
- 79% Clearance Rate (Units/Apts)
- 713 Total Auction Volume ($M)
Private Sales
- 289 Private Sales
- 195 Total Private Sale Volume ($M)
Sales Highlights
Top House Sales
- 8 Mawson St KEW $4,515,000
- 1019-1021 Plenty Rd KINGSBURY $4,500,000
- 21 Morrah St PARKVILLE $3,970,000
- 17 View St CANTERBURY $3,725,000
- 6 Kingsley St CAMBERWELL $3,550,000
Top Apartment Sales
- 4 Brand St HAMPTON $1,910,000
- 2 Widford St HAWTHORN EAST $1,890,000
- 14 Barkly Av ARMADALE $1,835,000
- 119 Marriage Rd BRIGHTON EAST $1,760,000
- 1/5 Marian Ct BLACKBURN $1,488,500
Bargain House Sales
- 58 Carmarthen Dr CORIO $225,000
- 12 Georgia Gr CORIO $262,500
- 41 Hume Av MELTON SOUTH $286,000
- 50 Curletts Rd LARA $296,000
- 86 Mitchells La SUNBURY $308,000
Bargain Apartment Sales
- 12/5 Summerlea Gr HAWTHORN $275,000
- 25/5-7 Brindisi St MENTONE $296,000
- 2/17 Greene St SOUTH KINGSVILLE $321,000
- 13/3-5 Robin St ALTONA $343,000
- 13/65 Richmond Tce RICHMOND $345,000
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Source: REIV
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