Melbourne Property Sales Results

For Saturday 13th and Sunday 14th August 2016

A clearance rate of 81 per cent was recorded this weekend compared to 76 per cent last weekend and 76 per cent this weekend last year. There were 480 auctions reported to the REIV, with 387 selling and 93 being passed in, 43 of those on a vendor bid. Auctions are on the rise, with the first major auction weekend since June due in a fortnight – when more than 900 homes are set to go under the hammer, on 27/28 August.

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The Detail

314 Sold at Auction
72 Sold before Auction
1 Sold after auction
93 Passed In
43 Passed in on Vendor bid
3 Withdrawn
8 Postponed
74 No result
84% Clearance Rate(Houses)
75% Clearance Rate (Units/Apts)
353 Total Auction Volume ($M)

Private Sales

281 Private Sales
163 Total Private Sale Volume ($M)

Sales Highlights

Top House Sales

15 Barry St KEW $6,500,000
19 Currajong Av CAMBERWELL $4,440,000
41 Horace St MALVERN $3,800,000
52 Nicholson St FITZROY $3,310,000
10 Oak St HAWTHORN $3,225,000

Top Apartment Sales

56 Bayview St WILLIAMSTOWN $1,685,000
24B Adrian St BENTLEIGH EAST $1,500,000
12A Aisbett Av CAMBERWELL $1,500,000
202B/440 Docklands Dr DOCKLANDS $1,370,000
4/23 South Rd BRIGHTON $1,266,000

Bargain House Sales

3/94-96 Barkly St MORNINGTON $325,000
2 Themeda Vw MELTON WEST $341,000
15 Hinton St ROSEBUD $380,000
14 Rottnest Ct HOPPERS CROSSING $381,000
110 Rosella Av WERRIBEE 385,000

Bargain Apartment Sales

2/21 Grice Cr ESSENDON $253,000
3/23 Hemmings St DANDENONG $302,000
7/38 Middle Rd MARIBYRNONG $302,000
5/86 Rankins Rd KENSINGTON $323,000
2/9 Masters St DANDENONG $325,000

Source : REIV

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