Auction Results | Melbourne Property Sales Results 16/06/13

Melbourne Property Sales Results

Sat 15th June & Sun 16th June 2013


A clearance rate of 70 per cent was recorded this weekend compared to 65 per cent last weekend and 53 per cent this weekend last year.

Year to date the residential auction market is experiencing a higher volume of auctions than the last two years.  The REIV estimates approximately 3,175 auctions will be conducted in the month of June, the only time this number was exceeded in the past decade was in June 2010.

There were 740 auctions reported to the REIV this weekend, with 521 selling and 219 being passed in, 146 of those on a vendor bid.

Next weekend the REIV expects around 750 auctions

Enzo Raimondo



S Sold at Auction: 417

SB Sold before Auction: 102

SA Sold after Auction: 2

Passed in: 219

Passed in on vendor's bid: 146

Clearance rate: 70%


This week: 740

Yesterday: 24

Last Sunday: 4

This weekend last month: 669

This weekend last year: 167


Weekend: 70%

Yesterday: 79%

Last Sunday: 50%

This weekend last month: 71%

This weekend last year: 53%

Postponed: 10

Withdrawn: 5

Auctions with no result: 39

PS Private Sales: 425

Total Volume (Auctions): $391.65mil

Total Volume (Private Sales): $209.14mil

Total Auctions Houses: 455

Clearance Rate: 74%

Median Price: $745,500

Total Value: $288,237,664

Total Auctions Flats/Apartments: 269

Clearance Rate: 66%

Median Price: $538,000

Total Value: $99,963,748

Total Auctions Vacant Land: 14

Clearance Rate: 43%

Median Price: $417,500

Total Value: $3,312,000