Melbourne Property Sales Results

from Saturday 14th and Sunday 15th May 2016

Enzo Raimondo's Market Wrap

A clearance rate of 73 per cent was recorded this weekend compared to 72 per cent last weekend and 77 per cent this weekend last year. There were 692 auctions reported to the REIV, with 504 selling and 188 being passed in, 68 of those on a vendor bid. The west of Melbourne has seen a significant lift in auctions across a number of suburbs this year – including Taylors Hill (17 auctions) and Caroline Springs (16 auctions).

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The Detail

408 Sold at Auction
96 Sold before Auction
188 Passed In
6 Withdrawn
0 Sold after auction
68 Passed in on Vendor bid
5 Postponed

Sales Highlights

Top House Sales

24 St Vincent Pl ALBERT PARK $7,805,000
312 Glenferrie Rd MALVERN $4,700,000
79 Delbridge St FITZROY NORTH $3,400,000
3 Portland St RICHMOND $3,020,000
64-66 Serpells Rd TEMPLESTOWE $2,835,000

Top Apartment Sales

55 Whyte St BRIGHTON $1,962,000
3B Langford St SURREY HILLS $1,280,000
6/537 Tooronga Rd HAWTHORN EAST $1,170,000
1B Thomas St BRIGHTON EAST $1,090,000
12/12 Copelen St SOUTH YARRA $1,071,000

Bargain House Sales

66 Mcclelland Av LARA $300,000
2 Grange Ct HOPPERS CROSSING $317,000
8 Walkers Rd LARA $354,000
2 Crestwood La CRAIGIEBURN $369,000
37 Ben Loman Cirt CRAIGIEBURN $370,000

Bargain Apartment Sales

34 Windrock Av CRAIGIEBURN$242,000
7/35 Herbert St DANDENONG$267,600
5/20 Ashby Way KILSYTH$271,000
3/36 Railway Pde MURRUMBEENA$306,500
2/22 Osborne Av GLADSTONE PARK$310,000

Source: REIV

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